I sold my 2020 corvette after almost 4,000 miles for 10k over msrp today, that just seems insane to me! These cars are definitely an amazing machine, now impatiently wait for the z06😅

 

What specs did your c8 have?

 

so after the reimbursement of sales tax and fees you made a few grand “ now waiting for a car that’s never coming
good choice. Not trying to aggravate .. The Z06 is years away if ever ERAY is coming and I cannot wait .
I just don’t get this Z06 nonsense Really if you were GM and involved in one of the most competitive businesses In the world
you would build another Z06? Why? It’s sales are next to nothing it’s revenue to GM less than nothing it’s profitability Won’t even go there.

The FPC thing. Hysterical. You all better hope not Ferrari is a very simple business model that if you ever owned one and had it serviced you would know well.... Just buy the motor. We’re gonna give the the car for free because we’re gonna make that much money on it.

I hope I’m wrong. I can see some of you are actually invested in this but really have a cup of coffee relax and think about it “
Zora is another funny thing to me If it ever happened 90% of current corvette owners would be priced out anyway.

Ford GT 2021. Starts at 500k The list is endless of super cars with $$$$$$ price tags
if you were GM you would really chase this horse ? Really Have you seen McLaren’s financials ?

Z06 deposits 😂😂😂😂. On a car that does not even have an official announcement people are giving money to dealers that are taking it and letting it sit in the highest yielding account they can find. Must be nice. Interesting how nobody talks about the interest made by these dealerships over the last 2 years. I didn’t get any applied to my C8”s. Final bills.

Okay I will shut up now. On another note. Let’s send some cash to Texas and help those people out. Perhaps some of the dealers that sat on
Millions of dollars for the last 2 years will do the same. 😆 imagine that .

 

it was a 2lt z51 with mag ride and carbon flash wheels, rapid blue

 

Yes, please do. Your analogies/examples are ridiculous at best.

 

Dude chill who pissed in your Cheerios 😂 if I was over it and wanted to sell it what’s it to you, if the z06 is delayed then ok, it’s no worries plenty of cars that car bridge the gap until the z06 is out

 

Where did you list it? I would think it would have been worth more than 10 over.

 

Yeah $10k over MSRP would have made it one of the cheapest C8's in the nation. Considering taxes, fees, and payments made, the OP did essentially break even... BUT there's nothing wrong with that. You can't say that for most cars.

 

I’m stoked for the LT6 but like you I’ll be content to enjoy it as a spectator. Even if it has 100% Toyota reliability it’s going to vibrate the whole car like a giant 120V AC *****. Reminds me of running a chainsaw and afterwards my hands tingle in pain for the rest of the day. Even Ferrari knows the NVH is a dealbreaker at displacements over 4 liters or so, and their cars aren’t even meant to be daily drivers.

Of course an entirely new low volume high performance GM engine won’t have anything near Toyota reliability. It took GM nearly a decade to fix the timing chain problems on their High Feature DOHC VVT V6, the engine closest in tech to the LT6, and that was a widely used engine with a 7000 rpm redline and good balance. Will they even bother to perfect a low volume engine like the LT6? In ten years the Ultium-powered C9 will be on sale and GM will pretend the FPC V8 fiasco is ancient history. They’ll probably even market the smoothness of the EV ‘Vette compared to the awful FPC C8 engines.

What will truly have nightmare reliability is the LT7 twin turbo V8. The most similar engine in GM’s lineup is the LF4 3.6TT DOHC V6 in the ATS-V, and the Cadillac forums overflow with horror show reliability woes. Turbo replacements and cracked pistons due to LSPI are a few of the highlights. LSPI plagued the 2.0T I4 as well, suggesting that GM Propulsion engineers still have not mastered high performance turbocharging. Absurdly, the LF4 is less fuel efficient than the LT1 showcasing GM’s lack of expertise (and judgment) in regard to highly boosted turbo applications. The LF4 is derived from the High Feature DOHC V6, one they’ve perfected for years, yet turbocharging it still killed reliability.

Now they’ve arrogantly decided to make a V8 version of the LF4 DOHC V6TT, except with a FPC to introduce a whole new dimension of reliability issues. An all new block and heads, new valve train with extra long timing chains, and severe second order imbalance to buzz it all apart. Expect a potent cocktail of failure that combines all of the LF4’s issues with new problems related to the valve train and FPC.

You would have to pay me to drive a LT6 or LT7 C8. GM couldn’t even engineer a reliable front lift system (check the threads here on it leaking brake fluid all over the C8’s innards). A clean sheet DOHC FPC V8 Twin Turbo? It will make automotive history, and not in a good way.

 

^^^^^
Very good analysis. I agree and take the same position as you, watching this one from the sidelines.

 

I think 10k over MSRP with 4,000 miles on it sounds pretty good. The prices have come down quite a bit since there's more of them out there. That kind of seems pretty realistic right now, and 4,000 miles is a bit higher than many. The HTC are doing a bit better because there still isn't that many around.

 

Congrats. You got to drive the hottest car of 2019, 2020, and 2021 for 4000mi for free. Depending if you used a bank loan you might have even made a small profit to take your family out for dinner.
Who is better than you right now. If it was time to say goodbye, I'm sure you have some cool pics and some good memories.
Im guessing the spec made your car an easy sell. I almost unloaded my car last fall, but found top dollar was buying only Z51 cars in resale red or rapid blue. My ELB 2lt without spoilers got poo pooed by a couple of wholesalers.

 

....Loved it.....Bought it.....Drove it....Sold it.....Made Money....He did well in my book !!!!

 

Except for the fact that his whole post is based on assumptions and scanty information, sure. it was a good read/rant though. Why sit out for something you have no real factual information about?
Nobody here knows crap including him on reliability or what form of crank the engine will have.
I’m betting it will be cross plane myself, but that’s a topic to derail another thread.
If I happen to have a bunch of issues with it within the warranty period, I’ll just sell it and move on.
but to each their own.
To the OP, good for you! I missed the boat on the Stingray due to work and moving to another state it just wasn’t a good time, but I won’t be missing the next one.
Your sale price seems reasonable for a HTC.
Here in Williamson County, TN that $10k would only just cover my taxes and fees!

 

True, TN taxes is 10% itself! But no income tax and low property tax make up for it there. One thing is if you are planning to flip it within a year why not just do a LLC in Montana and pay no taxes but around $1k for a 3rd party to setup the paper work and LLC?

Your $10k over MSRP would be around $9k profit

 

^^^^^
Good analysis...I completely agree with you....

 

Let's be realistic..

Many that post here wanting the "Z06" have bigger eyes than their wallets. I know it's manly thing to want faster, and better handling, but the fact is GM is in the business to make $$$. Right now they can not keep up with demand, pure and simple. Virtually every C-8 sold, is going for a minimum of MSRP.
This makes the dealers happy, GM happy and those that get their cars happy. The future is not with ICE engines, like it or not. Fossil fuels are finite, at some point (no one nows exactly when), some sort of alternative fuels will be needed. Whether it is 'battery, hydrogen fuel cells, or some new development, you can bet all major vehicle producers are researching the future of alternatives. The bottom line is, is the Z06 desired enough by the typical consumer to actually spend research dollars, and time developing when the current offering is so profitable?

I understand that the C8_R is a test bed for future vehicles. but right now we are in a 'transition period' of fuel consumption. What GM is most likely looking for keeping up with the competition on the track, while developing new and f​re po​​​​​ ​r plants.

 

I'm taking a slightly different approach. I get my GM Order # today! I plan on driving and autocrossing this car for 3 years while under warranty, while I await the Z06's to come to market. I've never had any intention of keeping my 2021. Having said that, I suspect my C8 will only have 10-12k miles on it after 3 years, and I very much expect the resale value to stay quite high. After those 3 years, the Z06's will have already been out, "maybe" some of the hype has died down, and I'll sell the 2021 and get a Z06, which I'll keep forever, joining my 2008 Z06 race car and my 2009 3LZ Z06 garage queen. Since I race my corvettes, having an NA motor is more appealing to me. I do hope the flat plane crank rumors are correct. Unlike you, I get to enjoy a C8 for the next 3 years and then get a 2nd or 3rd year Z06. I did the same thing with my '08. I bought an '05 Coupe and traded it for an '08 Z06. The '08 was a 3rd year and included nice refinements in steering and in the shifter.

 

Congratulations