Is March the end of the C7 ZR1?
01-14-2019, 03:01 PM
#241
Regardless what happens in the economy you will take a big hit if you try to flip your ZR1 in a hurry. Cars are getting canceled . That's how I got mine. Cars popping up for MSRP or less on Autotrader. Most of the ones above MSRP are just sitting. Especially the used ones with only a few miles on them. These are not investments they are toys. I for one will enjoy mine no matter what the resale is. If a guy wanted a bargain a gently used ZO6 would have been the correct purchase. I don't see them building a hell of a lot more ZR1s simply because I think the # of people willing to pay $135K for a corvette is limited. Otherwise these cars that get canceled would sell sooner. Also they would never be put on the market because of the waiting list a dealer would have. Classic Chevrolet has a ZR1 on the showroom floor for 2-3 weeks now, maybe longer at MSRP . Great cars, I am glad I bought one. Investment. no way. Enjoy the car. don't worry about the $$$. Does no good.
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01-14-2019, 06:47 PM
#242
Le Mans Master
Thread Starter
Regardless what happens in the economy you will take a big hit if you try to flip your ZR1 in a hurry. Cars are getting canceled . That's how I got mine. Cars popping up for MSRP or less on Autotrader. Most of the ones above MSRP are just sitting. Especially the used ones with only a few miles on them. These are not investments they are toys. I for one will enjoy mine no matter what the resale is. If a guy wanted a bargain a gently used ZO6 would have been the correct purchase. I don't see them building a hell of a lot more ZR1s simply because I think the # of people willing to pay $135K for a corvette is limited. Otherwise these cars that get canceled would sell sooner. Also they would never be put on the market because of the waiting list a dealer would have. Classic Chevrolet has a ZR1 on the showroom floor for 2-3 weeks now, maybe longer at MSRP . Great cars, I am glad I bought one. Investment. no way. Enjoy the car. don't worry about the $$$. Does no good.
I think it will take another $100K and a '19 ZR1 trade in to get the C8 ZR1.My guess is that GM will build 2020 and possibly 2021 C7 ZR1's. It appears the Cadillac coupe will be build at BG, which is based on the C7. So why not continue the C7 Corvette, free money.
01-17-2019, 10:28 PM
#243
Melting Slicks
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St. Jude Donor '12-'13, '16
It has been confirmed by GM staff that both the C7 and C8 platforms can be built on the same line simultaneously at BG. In fact, they have done it several times already and the C8 test cars are built at BG on the C7 line, on select days in secrecy of course. This is basically proof the C7 (and ZR1) will not be killed in the next 12 months but likely carry on into the 2020 or 2021 model year. They simply have invested WAY too much money in making them compatible on the same line to abandon that idea now. The plant has already been shut down for a major retool or the upcoming C8. Not saying there wont be some small shut down prior to official C8 production start, but from what I understand the massive shutdown/retool is already behind us. No matter the schedule, structure, production numbers, etc..., the C8 will be a guaranteed success. Enthusiasts have been waiting on the C8/ME Corvette for literally decades.
All that being said, I hope I am wrong and you are right. Would make my ZR1 a lot more desirable down the road.
All that being said, I hope I am wrong and you are right. Would make my ZR1 a lot more desirable down the road.
01-17-2019, 10:33 PM
#244
Melting Slicks
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St. Jude Donor '12-'13, '16
I agree. The last C6's were built on a relatively short run. Made absolutely Zero difference in value.
01-18-2019, 07:22 AM
#245
Burning Brakes
01-23-2019, 03:28 PM
#246
Le Mans Master
Thread Starter
01-23-2019, 03:51 PM
#247
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If march is the end, then I believe it may be an indicator that the potential "Special Edition" debuting on Friday could be another track edition car but not a ZR1.
01-23-2019, 04:10 PM
#248
As per 911 GT2RS "special parts" this is not the first time I read production limited by critical outsourced parts availability.
Maybe...
01-23-2019, 09:53 PM
#250
Le Mans Master
Thread Starter
On this forum, I don't know for a fact
I'm sure GM could negotiate another 2000 units with its suppliers if they wanted to. What Tadge says is marketing, nothing more, so if it's GM's best interest to build more they will.
My local dealer just got additional allocation and soon GM has to announce availability (or lack of it) past March.
Within the context of the 2000 max number of builds I think Tadge mentioned ZR1 limited to 200 builds a month due to the suppliers production limitations on the carbon-fiber halo hood and engine carbon cover. Maybe 2000 is the agreed contractual obligation of the supplier.
As per 911 GT2RS "special parts" this is not the first time I read production limited by critical outsourced parts availability.
Maybe...
As per 911 GT2RS "special parts" this is not the first time I read production limited by critical outsourced parts availability.
Maybe...
My local dealer just got additional allocation and soon GM has to announce availability (or lack of it) past March.
01-24-2019, 02:53 AM
#252
Burning Brakes
01-24-2019, 03:45 AM
#253
3 botches! ..Argh! let's hope this is not official...PLEASE!
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2019 ZR1 (01-24-2019)
01-24-2019, 09:52 AM
#255
Banned Scam/Spammer
A 500 HP, mid engine C8 will draw attention from auto enthusiasts who rarely if ever paid any attention to a Corvette previously. Kinda like taking an eraser to the chalk board and starting over. It is painfully obvious that some of the old guard here are unable to process this reality or are in denial and predicting that this will be the end of the Corvette. In a sense it will be as this is a totally different automobile from bumper to bumper and probably should have a new name. The cave dwellers who went into a multi year meltdown over the absence of round taillights on the C7 are not who GM is aiming to please or are marketing to with the C8. There are generations of new buyers out there that have not been attracted to the traditional Corvette layout that has its roots in the middle of the last century which may as well be the Civil War era to these new, potential buyers. GM obviously understands this simple concept and are adjusting this 2 seat offering to meet the demands of a changed market.
01-24-2019, 12:43 PM
#256
It will still burn gas, still have 2 seats, 4 round things on all 4 corners subject to pot holes/ flats, pretty colors, a radio, it will turn heads and occasionally break down. Corvette spelled out on the bumper will be right at home.
01-24-2019, 12:51 PM
#257
01-24-2019, 12:52 PM
#258
Banned Scam/Spammer
Regardless what happens in the economy you will take a big hit if you try to flip your ZR1 in a hurry. Cars are getting canceled . That's how I got mine. Cars popping up for MSRP or less on Autotrader. Most of the ones above MSRP are just sitting. Especially the used ones with only a few miles on them. These are not investments they are toys. I for one will enjoy mine no matter what the resale is. If a guy wanted a bargain a gently used ZO6 would have been the correct purchase. I don't see them building a hell of a lot more ZR1s simply because I think the # of people willing to pay $135K for a corvette is limited. Otherwise these cars that get canceled would sell sooner. Also they would never be put on the market because of the waiting list a dealer would have. Classic Chevrolet has a ZR1 on the showroom floor for 2-3 weeks now, maybe longer at MSRP . Great cars, I am glad I bought one. Investment. no way. Enjoy the car. don't worry about the $$$. Does no good.
01-24-2019, 12:58 PM
#259
Race Director
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You are absolutely correct, the pool of willing, capable buyers for a Corvette that will ultimately cost their first owner over $150,000 is extremely small. Small to the point that it barely exists. There are always early adopters of this special edition stuff who are convinced that there will never be enough to go around. Who has ever wanted any model of a Corvette that was shut out and did not get one?
01-24-2019, 01:02 PM
#260
Banned Scam/Spammer