Times are changing
Popular Reply
Oct 24, 2023, 09:09 AM
Instructor
Joined: Sep 2023
Posts: 133
Likes: 119
From: Hearne
A bunch of you guys sound like the democrats when they were hoping for recession so they could get trump out and the night watchman off Andy Griffith in.
Melting Slicks
Joined: May 2009
Posts: 3,083
Likes: 1,230
From: Chalfont PA
C8Z on the lot at A&T Chevrolet in Sellersville, PA with CF but non Z07 and an ADM still sitting. Their first one they sold in just hours for 70k over.
Pro
Joined: Nov 2021
Posts: 713
Likes: 392
Two of them. But one is a 2023 with low mileage.
And the other is a 2024 3LT HTC loaded with $11,000 worth of options priced at almost 100 grand. Dealers trying to get cute by ordering stock cars with tons of options so they can maximize profits are going to find those sitting soon (like this one is).
And the other is a 2024 3LT HTC loaded with $11,000 worth of options priced at almost 100 grand. Dealers trying to get cute by ordering stock cars with tons of options so they can maximize profits are going to find those sitting soon (like this one is).
Race Director
Joined: Oct 2008
Posts: 16,699
Likes: 7,752
From: NJ
Those were cars ordered before the price hike. So dealer just offering them for the original msrp window sticker is higher than what they expected. So its like 3k off but not really 3k off if you can understand that concept.
Racer
Joined: Sep 2007
Posts: 271
Likes: 172
From: Davenport, IA
Z06 will maintain strong, perhaps some of the higher ADM's are done.. but no doubt I've seen at least a ton of people announcing that they finally got their Z06 order in in the last two-three weeks!
Melting Slicks
Joined: May 2009
Posts: 3,083
Likes: 1,230
From: Chalfont PA
Instructor
Joined: Jun 2022
Posts: 100
Likes: 93
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Team Owner
Joined: Feb 2013
Posts: 22,598
Likes: 14,557
Current number on C8Zs seems to be around $20K over... seeing $15-$20K advertised new on Facebook. $50-$70 over is done, unless you have a Z07 70th. Also, these big number buyers at the auctions are exporters and you, the seller, will get GM blacklisted when it happens.
Safety Car
Joined: Mar 2006
Posts: 4,309
Likes: 153
From: Antioch Ca
Finalist 2020 C4 of the Year - Unmodified
It depends on the area. Winter Chevrolet just sold a 2023 Z03 with 3lz that had a sticker of $105, 000 plus a $20,000 markup. The markups are still out there. But what they get for them is another matter.
Pro
Joined: Jul 2023
Posts: 607
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Melting Slicks
Joined: Mar 2004
Posts: 2,813
Likes: 503
From: West Chester Ohio
2018 C4 of Year Finalist
Assuming a full year of Z06 production
IMO the ADMs will remain in place for about a year. Going into the winter of 24/25 will bring the car to MSRP in most locations. There is a finite number of folks willing to plunk down 140k+ for a Chevy. All of the got to have it crowd will have one by then. Interest rates will affect many people (me) considering this car. I planned on putting about half down which will still net a $1500/mo payment on a nicely spec’d car. I’m not sure I’ll enjoy this car enough to justify that payment vs a C7Z with no payment and likely no discernible depreciation
IMO the ADMs will remain in place for about a year. Going into the winter of 24/25 will bring the car to MSRP in most locations. There is a finite number of folks willing to plunk down 140k+ for a Chevy. All of the got to have it crowd will have one by then. Interest rates will affect many people (me) considering this car. I planned on putting about half down which will still net a $1500/mo payment on a nicely spec’d car. I’m not sure I’ll enjoy this car enough to justify that payment vs a C7Z with no payment and likely no discernible depreciation
Melting Slicks
Joined: Oct 2007
Posts: 2,398
Likes: 858
Assuming a full year of Z06 production
IMO the ADMs will remain in place for about a year. Going into the winter of 24/25 will bring the car to MSRP in most locations. There is a finite number of folks willing to plunk down 140k+ for a Chevy. All of the got to have it crowd will have one by then. Interest rates will affect many people (me) considering this car. I planned on putting about half down which will still net a $1500/mo payment on a nicely spec’d car. I’m not sure I’ll enjoy this car enough to justify that payment vs a C7Z with no payment and likely no discernible depreciation
IMO the ADMs will remain in place for about a year. Going into the winter of 24/25 will bring the car to MSRP in most locations. There is a finite number of folks willing to plunk down 140k+ for a Chevy. All of the got to have it crowd will have one by then. Interest rates will affect many people (me) considering this car. I planned on putting about half down which will still net a $1500/mo payment on a nicely spec’d car. I’m not sure I’ll enjoy this car enough to justify that payment vs a C7Z with no payment and likely no discernible depreciation
Nor does it account for the lower production of the Z06 (~30% of total volume).
So if we use the C8 Stingray as a gauge. 4 years in but still some waiting at many dealerships if you want it your way AND for MSRP.
With twice the amount of Stingrays being produced as the Z06, Stingray demand is still strong.
Keep in mind the majority of folks getting Z06's now/today have been on wait list 2-3 years.
So yes a finite number of folks willing to pay for a Z06 but for now and the next 2-3 years those willing to pay will out number the amount of cars that can be produced.
I believe ADM's will shrink but some folks that don't want to wait any longer will pay a mark up to move ahead in line and get a Z06 now vs 3 or 4 years from now.
Regardless of how we look at it, demand for C8 Z06's will be strong for years to come.
Pro
Joined: Jul 2023
Posts: 607
Likes: 559
Sound logic that makes sense, but it doesn't account for the thousands that are still 3-4 years out on wait list and those who cant even get on a list now for MSRP.
Nor does it account for the lower production of the Z06 (~30% of total volume).
So if we use the C8 Stingray as a gauge. 4 years in but still some waiting at many dealerships if you want it your way AND for MSRP.
With twice the amount of Stingrays being produced as the Z06, Stingray demand is still strong.
Keep in mind the majority of folks getting Z06's now/today have been on wait list 2-3 years.
So yes a finite number of folks willing to pay for a Z06 but for now and the next 2-3 years those willing to pay will out number the amount of cars that can be produced.
I believe ADM's will shrink but some folks that don't want to wait any longer will pay a mark up to move ahead in line and get a Z06 now vs 3 or 4 years from now.
Regardless of how we look at it, demand for C8 Z06's will be strong for years to come.
Nor does it account for the lower production of the Z06 (~30% of total volume).
So if we use the C8 Stingray as a gauge. 4 years in but still some waiting at many dealerships if you want it your way AND for MSRP.
With twice the amount of Stingrays being produced as the Z06, Stingray demand is still strong.
Keep in mind the majority of folks getting Z06's now/today have been on wait list 2-3 years.
So yes a finite number of folks willing to pay for a Z06 but for now and the next 2-3 years those willing to pay will out number the amount of cars that can be produced.
I believe ADM's will shrink but some folks that don't want to wait any longer will pay a mark up to move ahead in line and get a Z06 now vs 3 or 4 years from now.
Regardless of how we look at it, demand for C8 Z06's will be strong for years to come.