[SpeedIsLife]

Originally Posted by hotlap

What I see here is a phenomena more typically associated with the Corvette community. The OP's primary concern is exclusivity and having the biggest without regard to what the car's design intent is.

You should have seen the gnashing of teeth when Ford confirmed a 2018 GT350..there were owners threatening to sell their cars because "the exclusivity was gone".

[GoneBoy]

Originally Posted by hawk02

If you think the 1LE announcement didn't devalue the current ZL1, I think you're being a little naive.

For the life of me, I really can't wrap my mind around around this whole devaluing theory based on the the announcement of the 1le. Maybe it's because I'm dumb as a rock. Maybe it's because I don't sell any of my cars. But it just doesn't make an iota of sense to me. They introduced their track specific version of the zl1, which ISN'T going to appeal to everyone or maybe even the masses.

The idea that non 1le owners got screwed or that their cars (delivered or on order) somehow took a big hit on depreciation overnight is nonsense. I don't care if they announced the 1le 2 years from now. Its a specific car for a specific buyer. You guys are making it sound like they bumped power by 112 hp like they did between the '12 and '13 gt500 models. Now that, I get. Who is going to say "You know what, I think I'd rather have the 550hp mustang"....all things else being equal? It's just not the case here. You have a less desirable daily driving suspension, 19 inch wheels (albeit thicker rubber, which some may love or hate), only a m6, and performance engineered styling bits (again that some may love or hate). I can appreciate chevy giving buyers options, but this car is NOT for everyone, and really not necessarily an upgrade depending upon what you plan on doing with the car. Maybe I need to go spend a couple of hours in the library and maybe I'll emerge a more intelligent person where I can actually comprehend this notion.

[DrkPhx]

Originally Posted by Mr. Wyndham

3 seconds faster around Milford....equates to about 9-12 seconds faster around the Nordschleife.

Wow, that's hallowed ground when it comes to Ring times.

[Sven59]

Originally Posted by Mr. Wyndham

3 seconds faster around Milford....equates to about 9-12 seconds faster around the Nordschleife.

7:23?

[R.C. Collins]

Originally Posted by Mr. Wyndham

3 seconds faster around Milford....equates to about 9-12 seconds faster around the Nordschleife.

That could conceivably put the ZL1 1LE at the top of the all-time Chevy production car Nurburgring lap record of 7:19:63 set by the ZR-1.

[hjdca]

Originally Posted by Mr. Wyndham

3 seconds faster around Milford....equates to about 9-12 seconds faster around the Nordschleife.

Wow, that is fast ! Great Car !

I am wondering why Chevy thought the Z/28 LS7 had to have a dry sump to be a track car and the ZL1 1LE does not need one ? Is there other technology they are using to address the G forces issues on oil distribution on the ZL1 1LE LT4 ?

[Squatch]

OK, so they came out with a track focused ZL1, Are they going to come out with a Drag strip focused ZL1 to compete with the Dodge Demon? I am hoping and betting they will...Glad I'm waiting till 2019-2020 to buy my new ZL1 so I can see all my options.

[7WSM]

Originally Posted by Squatch

OK, so they came out with a track focused ZL1, Are they going to come out with a Drag strip focused ZL1 to compete with the Dodge Demon? I am hoping and betting they will...Glad I'm waiting till 2019-2020 to buy my new ZL1 so I can see all my options.

It's called the COPO.

[Mr. Wyndham]

Originally Posted by DrkPhx

Wow, that's hallowed ground when it comes to Ring times.

Originally Posted by Sven59

7:23?

I'm thinking high 7:10s...

Originally Posted by R.C. Collins

That could conceivably put the ZL1 1LE at the top of the all-time Chevy production car Nurburgring lap record of 7:19:63 set by the ZR-1.

+1, right up there!

Originally Posted by hjdca

Wow, that is fast ! Great Car !

I am wondering why Chevy thought the Z/28 LS7 had to have a dry sump to be a track car and the ZL1 1LE does not need one ? Is there other technology they are using to address the G forces issues on oil distribution on the ZL1 1LE LT4 ?

More oil...?

[DDP98]

Originally Posted by GoneBoy

For the life of me, I really can't wrap my mind around around this whole devaluing theory based on the the announcement of the 1le. Maybe it's because I'm dumb as a rock. Maybe it's because I don't sell any of my cars. But it just doesn't make an iota of sense to me. They introduced their track specific version of the zl1, which ISN'T going to appeal to everyone or maybe even the masses.

The idea that non 1le owners got screwed or that their cars (delivered or on order) somehow took a big hit on depreciation overnight is nonsense. I don't care if they announced the 1le 2 years from now. Its a specific car for a specific buyer. You guys are making it sound like they bumped power by 112 hp like they did between the '12 and '13 gt500 models. Now that, I get. Who is going to say "You know what, I think I'd rather have the 550hp mustang"....all things else being equal? It's just not the case here. You have a less desirable daily driving suspension, 19 inch wheels (albeit thicker rubber, which some may love or hate), only a m6, and performance engineered styling bits (again that some may love or hate). I can appreciate chevy giving buyers options, but this car is NOT for everyone, and really not necessarily an upgrade depending upon what you plan on doing with the car. Maybe I need to go spend a couple of hours in the library and maybe I'll emerge a more intelligent person where I can actually comprehend this notion.

You said it right! I could not agree more! It's complete nonsense for anyone to suggest the ZL1 is devalued because of this launch. Honestly, people need to calm down. There is no power increase, it's solely a track focused car with the intention of dominating at the track. Everyone complaining knew a track focused Camaro was coming whether it be the Z/28 or in this case the ZL1 1LE. Why did they buy the ZL1 if they wanted a track car?

I just put about 200 miles in this weekend and am slowly marching my way up to the 1500 mile break in service I intend on doing. Once that's done, I can unleash the power I bought this car because it excelled at everything. The added bonus of everyone, and I mean everyone stopping to talk to me every time I'm at the gas station or the thumbs up on the highway, is awesome. On a side note, I also like how a Mercedes SL63 AMG decided he wanted to go full throttle next to me on the freeway. It was great.

The ZL1 1LE doesn't appeal to me. I'm not interested in any way of dropping 70k+ for a track only car. I don't like the rear wing and I don't like the dive planes in the front. Still an awesome car, but in no way is appealing to me.

[travislambert]

Originally Posted by GoneBoy

For the life of me, I really can't wrap my mind around around this whole devaluing theory based on the the announcement of the 1le.

...

The idea that non 1le owners got screwed or that their cars (delivered or on order) somehow took a big hit on depreciation overnight is nonsense.

The new package doesn't have to have universal appeal to devalue the base model.
I think this is what people are struggling to understand, so bear with me while I try to explain it a slightly different way.


(SUPPLY)
GM is going to produce every ZL1 they can for '17.

(DEMAND)
Even in this thread there are cases of folks skipping over the '17 ZL1s to wait for the '18 ZL1 1LE. Every person that skips over the '17 equates to another '17 that is a little tougher to sell.

SUPPLY is constant... DEMAND decreases... INCENTIVES are on the way!

(INCENTIVES)
At the end of the model year, GM will eventually be forced to incentivize the '17s. The more '17s they have going into the '18 model year, the higher the incentives... which depreciates the '17s.

Just for a moment assume the '18s were identical in every way to the '17s. This would minimize depreciation. The '17s would sell better because there wouldn't be people holding out for the improvements in the '18s. For the folks simply holding out for the next model year, on average it'd take less of an incentive to get them to purchase an otherwise identical '17.

This is, IMO, exactly what happened to the value of '16 SS. GM announced bigger and better models for '17 (SS 1LE, ZL1) and then got stuck with a bunch of '16s they couldn't sell. Then when they had to put 20% incentives on a large number of cars in the fall, the values went to crap.

Take a look at John Deere tractors for an example in the opposite extreme. Particular models are usually identical year-to-year with the occasional (every 5 years or so) major update. The depreciation on those tractors is negligible so much so that the model year usually isn't even factored into the value (just the model and the hours).

[Casalino]

Safe to say. Between the 1le and the zl1 1le wheels, there will be lots of zl1 wheels for sale

[shaffe]

Originally Posted by Bhobbs

I agree fully. The ZL1 1LE is the result of Corvette choosing to supercharge the Z06. If the Z06 had stayed n/a, this car would have been the Z/28, without a doubt.

This ^

Originally Posted by Mr. Wyndham

I don't think it competes at all.

The existence of the 1LE package basically gives folks two choices: a track-focused ZL1, or a Grand Touring ZL1.

If you don't frequent the racetrack, the 1LE package shouldn't be a consideration.

If you DO...then it should be an easy decision.

This ^

Originally Posted by 2cnd chance

How is this any different than a Z06 and a Z06/7 or a GS and a GS/Z07? It's a track option for the ZL1. FYI, it will be somewhat ruff as a DD.

Because Corvette Z06/Z07 sounds a lot cooler than ZL1 1LE lol. That's the only thing I don't like lol, they could have came up with a better name but if thats the only thing to not like then they did everything else 100% right!

[speedyman]

Originally Posted by SpeedIsLife

You should have seen the gnashing of teeth when Ford confirmed a 2018 GT350..there were owners threatening to sell their cars because "the exclusivity was gone".

"Exclusivity" in a Mustang, Wow. Glue S-H-E-L-B-Y on a Mustang and that stratum of the enthusiast world loses all connection with common sense. They are going to "sell their cars". Do they actually think that Ford cares when they sell their cars. The same stupidity was in full bloom when the GT500 run was predictably extended beyond its initial 2 year run. The monkeys who bent over and paid their dealers sucker tax(ADM) on the '07s and '08s went into meltdown when it was obvious even to them that the GT500 run would go on for many years. It is simply amazing to observe how many of these fools still believe that they have made some type of an investment in "exclusivity".