Ctevans

IMO the Z06 pricing is ridiculous. I know I know Chevy says it’s a supercar and it’s still cheaper than a Ferrari, Lamborghini , Porsche or McClaren but that’s not what Corvette should be about. It’s an AMERICAN sports car. We shouldn’t be chasing anything. Let it stand alone. It was always affordable but still a beautiful car with good performance. This competition with European supercars is not necessary and has priced many out of the Corvette market, a big mistake. Who gives a crap if it can compete with Europe? Not me! Am I wrong?

spireland

The true test of the price, is if people buy it.

If most buyers agree with you, then sure, they'll have made a mistake.

But if 6-8k people a year disagree with you and buy the car GM will have made the right choice.

Kevin A Jones

How is Z06 pricing priced many out of the Corvette market? If you can't afford a Z06, then purchase a C8 Stingray which is a BARGAIN at under $62.000 MSRP.
By the way, shouldn't you have posted this in the Z06 forum?

Ctevans

Think back when the 427 fuelies came out. They were just slightly higher than the base 350. High performance doesn’t have to be high priced. They’ve outpriced the average Joe. Only collectors can afford that kind of pricing

Ctevans

From Chevys standpoint you’re right. From a consumer standpoint it’s wrong. They’ve priced out the average car enthusiast and narrowed the market to collectors and speculators. It’s ethically wrong but economically perhaps right. I hope they sell at an all time low. When the 427 fuelie came out it didn’t break the bank. It was just slightly higher than the standard 350

spireland

GM is delivering a mid engined, flat plane engine, making 600 Hp for 105k. 25 percent of what an equivalent European exotic costs.


Ethically wrong. Lol.

dude1149

GM Pricing is not the only problem the problem it's the dealers, my so-called dealer today and told me the terms of ordering and sale on the zo6...20k nonrefundable deposit. With no build date to get on their list and they do not know their allocation ...next have to sign a guarantee that you will not sell l it for I think he said 4 years and then they will sell it to you at msrp and if you don't want that its 40k over sticker....I am in the market for new dealer in WNY any suggestions?

WICKEDFRC

20K non-refundable on a vehicle with no build date, and an unknown allocation?

And some BS sales agreement that you will not sell for four years?

Your salesman/dealership sounds like a douchebag.

Ctevans

The question is SHOULD they be trying to compete with European exotics at all? Doesn’t that stray from the idea of an ALL AMERICAN Sports car? Setting it apart from the Supercars?

NAVY_LDO

Pretty big assumption that they are basing their pricing on European exotics. More likely is that they are basing it on the current US market and demand. The current retail market for a new 3LT HTC is in the neighborhood of $130k…So is it really out of bounds?

frankjr

But the Stingray is perfect for my needs as DD, trips, vacations, etc., best corvette I have ever owned and IHMO a lot of car for the $$$. If I was in the market for a Z06 seems like its priced right compared to our sports car in its class.

peter pan

If dealers were not already asking 10k, 20k and one of our local dealers 30k over MSRP the Z06 I bet would of came in less. The demand for the stingray surpasses what GM can produce so the Z06 will sell. Get a base and you have a supercar.

seafordguy

Still seems a bargain.

If you haven't noticed, nice cars have gotten very expensive. F350's are in the mid 90's (For a truck!!!), My wife's SUV was 100k. Time marches on and things get more expensive, especially when demands is high.

BobG

As much as we all love the Corvette, there is one thing we must keep in mind. GM is in business for one thing: to make money. Do you really think they haven't noticed that 4 model years into production of the C8 there is still a waiting list of probably 10-12 months on average, and the few cars that do make it to the dealer lot are selling for a significant mark up over MSRP? Do you think they haven't heard from more than a couple people complaining about greedy dealers, or new owners immediately flipping the car for a lot more than they paid just hours or days ago? How many threads on this forum with people demanding GM do "something" to stop the highway robbery from those dealers who were probably doubling the profit they made from GM just on ADM?

Well, if we totally ignore the overbearing costs imposed in certifying a low production engine in today's insane regulatory environment, the costs of engineering and developing such powerplant, as well as the other systems to accommodate and enhance it, and the other overhead involved, and focus only on the negative perception of the "greedy" dealer network, customer service, and the demand for the product, I'd say GM just may have done "something" about the waiting list and price gouging with the Z06 pricing. Yes, there will be some initial "gotta have it" types who'll pay the reported $50K over msrp to get one now, but with that pricing, how deep is that market? GM already knows that 4 years into the C8 production, the market around $130K is still there to some degree, so they know they can probably get at least 4 years of Z06 sales in that territory, even if they lose a fair number of "regular" people they knowingly have priced out of the market. But they also cut way down on the "greedy" dealers ability to ADM the car as GM has already priced that into their sticker, so they've done "something" haven't they?

You could also consider they've done "something" else, as they haven't yet boosted the price of the C8 into the stratosphere the market has said they are worth for the past 4 model years. Many people prior to the original C8 pricing release were predicting Z06 price levels, so they have kept the "every man" ability to get into a Corvette, so far. Will that change? I think time will tell. As they see what the Z06 pricing does to demand to both cars. If the backlog of customers doesn't ease, and the ADM doesn't diminish, and C8's don't start to make it to dealer lots not pre-sold, of course we could start to see Stingray MSRP quickly creep up. And consider the runaway inflation we are just now seeing. Take a look at how Corvette prices escalated in the late 70's, early 80's. I think it really makes the base C8 quite the bargain.

Ctevans

yes it’s out of bounds for the average guy. That’s collector prices. That’s twice the price of C7

TKKRCats

Always affordable, that is a relative term. I never thought of a Corvette as an "affordable" car or an "affordable sports car."
I thought that some of reason the Corvette was designed and built in the 50's was two-fold, one to compete with the Thunderbird(built to compete w/Euro cars)and two European imported sports cars market.

How is having a model that is higher performance at a higher price a new concept and only done by GM-Corvettes? Ford Mustang base model is waaay less than a Mustang Supersnake....

seafordguy

But shouldn't it be?

It's absolutely a luxury item..... If it's transportation you need there are lots of cheaper cats to get from A to B.

Kevin A Jones

If by 'average guy' you are referring to those making around the US medium income (2021, $45,600) then there's a LOT of things that are out of bounds from an income perspective, not just a new C8 Z06.
And as far as the C8 Z06 being twice the price of a C7, when I was doing an extensive search looking for my new C7 in around 2017 I saw MANY new C7 Z06s with MSRPs in the $100k > $108k range.

rajeevx7

so I ask…..”do you like the free market economics of capitalism…or not?”

Our elected officials already decided that our tax dollars will bailout these TBTF corps…it’s only right they get to sell astronomically inflated goods back to us…the people that saved them…it’s LITERALLY impossible for them to loose! 😂😂😂

TKKRCats

Granted this is all before I was born so I did a quick search on Google for this information.
1967 base Corvette $4240
1967 ZO6 Corvette $6000 to $7000 depended if you went with the full track version

The jump in price is about 40% for the low end ZO6

Don't get me wrong, if they were cheaper I would get on a list to get one to go along with my 2020