New ZL-1 's about to take a hit in value....in 2023

avalonandl · 07-20-2021, 03:06 PM

New C8 Z06 coming

sounds and all:

he All-New Corvette Z06 is meant to be seen — and heard.
Chevrolet
Corvette Z06
The streets will never sound the same.
Roger, first, we made the mid-engine Corvette a reality. This Fall, we're giving you the first look at the supercar that will put the world on notice – the All-New 2023 Corvette Z06. Availability to be announced Fall 2021.

Sign up to get the inside track on the rest of the Corvette Z06 story.\\
https://redirect.viglink.com/?format...um%3Dcopy_link

CW3SF · 07-20-2021, 03:29 PM

I’m sure the Z06 will be a beast and I’m hoping they score in the looks department. But honestly I’m just a “meh” on the sound clip.

pauly1119 · 07-20-2021, 03:42 PM

I can't wait till that thing comes out. Ill be in line waiting but I still will be keeping my Camaro.

Big Mikey · 07-20-2021, 04:11 PM

I would think the C8 (base) would take value away from ZL1 more than the Z06, due to cost... I imagine the Z06 pricing to be a bit higher than C7 pricing

Can'tHave2MuchHP · 07-20-2021, 04:37 PM

Can't wait.

SFV1LE · 07-20-2021, 04:39 PM

Despite the high demand and long waiting list for an LT2 C8, with dealer markups still $20-30K, I still see consistent increase in value for my ZLE.

The C8 Z06 waiting and dealer markup will be much worse, and will last at least 2 years. The effect of these ongoing C8/Z06 market conditions, combined with the upcoming end of ZL1 production and far superior engine platform for high HP modifications, may increase the value of ZL1s.

JonDaddy82 · 07-20-2021, 05:09 PM

It's going to be a great car, but a C8 Z06 customer and a ZL1 customer are NOT the same customer generally.

DangerZL1 · 07-20-2021, 05:33 PM

One Large Corvette dealer has a 2 year plus waiting list. You won’t see one for less than 90k with any options and no markup. If you have the means and can wait patiently or impatiently it will be worth it.

Z OH 6 · 07-20-2021, 05:53 PM

Quote:

Originally Posted by SFV1LE

Despite the high demand and long waiting list for an LT2 C8, with dealer markups still $20-30K, I still see consistent increase in value for my ZLE.

The C8 Z06 waiting and dealer markup will be much worse, and will last at least 2 years. The effect of these ongoing C8/Z06 market conditions, combined with the upcoming end of ZL1 production and far superior engine platform for high HP modifications, may increase the value of ZL1s.

That's because all used car values are up, its not just the ZL1.

Z OH 6 · 07-20-2021, 05:53 PM

Quote:

Originally Posted by JonDaddy82

It's going to be a great car, but a C8 Z06 customer and a ZL1 customer are NOT the same customer generally.

Agree here, there may be some overlap but the price difference between the two platform is significant enough to make it two different customers.

hawk02 · 07-20-2021, 06:05 PM

Quote:

Originally Posted by Big Mikey

I would think the C8 (base) would take value away from ZL1 more than the Z06, due to cost... I imagine the Z06 pricing to be a bit higher than C7 pricing

I agree.

As I posted yesterday, the MSRP for an A10 ZL1 1LE is $75,360. A C8 Stingray coupe with 2LT trim and the Z51 track package has an MSRP of $74,260.

I think the price of a base C8 Z06 will be under $100K. The question is, how much under $100K. I'm going to guess the base will start somewhere in the $80Ks.

DangerZL1 · 07-20-2021, 06:12 PM

Quote:

Originally Posted by hawk02

I agree.

As I posted yesterday, the MSRP for an A10 ZL1 1LE is $75,360. A C8 Stingray coupe with 2LT trim and the Z51 track package has an MSRP of $74,260.

I think the price of a base C8 Z06 will be under $100K. The question is, how much under $100K. I'm going to guess the base will start somewhere in the $80Ks.

Most C8 forums believe it will be in the mid 80s to start based on today’s base prices.

LT4Greg · 07-20-2021, 06:38 PM

Two very different Chevies. The ZL1 will appeal to some buyers just as the C8 ZO6 will appeal to others. The ZO6 will have a large markup in price when it comes out in my opinion.

avalonandl · 07-20-2021, 06:47 PM

I really put this up as tongue in cheek that a Z06 C8 would compete with a ZL1. I thought the sound clips were cool, really high revs at some point.

07-20-2021, 03:06 PM	#1
avalonandl Drives: 2019 ZL-1 Join Date: Feb 2009 Location: Troy, MI & Naples, FL Posts: 2,019	New ZL-1 's about to take a hit in value....in 2023 New C8 Z06 coming sounds and all: he All-New Corvette Z06 is meant to be seen — and heard. Chevrolet Corvette Z06 The streets will never sound the same. Roger, first, we made the mid-engine Corvette a reality. This Fall, we're giving you the first look at the supercar that will put the world on notice – the All-New 2023 Corvette Z06. Availability to be announced Fall 2021. Sign up to get the inside track on the rest of the Corvette Z06 story.\\ https://redirect.viglink.com/?format...um%3Dcopy_link __________________ 2019 ZL-1 Acquired 4/23/21 at 6300 miles. Riverside Blue, A10, PDR. Traded in 2017 2SS with 6M and 32k miles. Continental Extreme Contact Sports. Now has 10,000 miles... 2012 Yukon XL Denali w/ 6.2 AWD

07-20-2021, 03:29 PM	#2
CW3SF Drives: 2019 Chevy Camaro ZL1 M6 Join Date: Jul 2019 Location: Sea level Posts: 1,252 View My Garage	I’m sure the Z06 will be a beast and I’m hoping they score in the looks department. But honestly I’m just a “meh” on the sound clip. __________________ Kong Stage X Port, NW103, LPE HPFP, XDI +30 Injectors, ARH Headers, Flex Fuel, JMS Booster, AWE Touring, Elite E2-X CC. Stock heads, stock cam, stock pulleys: Tuned by KingLT1. 740whp Uncorrected on e50

07-20-2021, 05:09 PM	#7
JonDaddy82 Drives: 2018 ZL1 Coupe NFG M6 Join Date: May 2017 Location: Nolensville, TN Posts: 618	It's going to be a great car, but a C8 Z06 customer and a ZL1 customer are NOT the same customer generally. __________________ 1989 Forumla 350 WS6 <- High School 2000 Trans Am Firehawk <- After High School 2017 Colorado Z71 <- Daily 2018 ZL1 M6 <- Not Daily

07-20-2021, 06:38 PM	#13
LT4Greg Drives: 2017 Camaro ZL1 Coupe Join Date: May 2016 Location: Georgia Posts: 5,813	Two very different Chevies. The ZL1 will appeal to some buyers just as the C8 ZO6 will appeal to others. The ZO6 will have a large markup in price when it comes out in my opinion. __________________ ZL1 Coupe, PDR, Exposed carbon fiber hood insert, My Link with Nav, M6 6 speed and Silver Ice Metallic. Mods done: ceramic window tint, GM Accessories Camaro floor mats and Roto-Fab CAI.

07-20-2021, 06:47 PM	#14
avalonandl Drives: 2019 ZL-1 Join Date: Feb 2009 Location: Troy, MI & Naples, FL Posts: 2,019	I really put this up as tongue in cheek that a Z06 C8 would compete with a ZL1. I thought the sound clips were cool, really high revs at some point. __________________ 2019 ZL-1 Acquired 4/23/21 at 6300 miles. Riverside Blue, A10, PDR. Traded in 2017 2SS with 6M and 32k miles. Continental Extreme Contact Sports. Now has 10,000 miles... 2012 Yukon XL Denali w/ 6.2 AWD

07-20-2021, 03:42 PM	#3
pauly1119 Drives: 2018 ZLE Join Date: Feb 2018 Location: Palm City Fl Posts: 1,341	I can't wait till that thing comes out. Ill be in line waiting but I still will be keeping my Camaro.

07-20-2021, 04:11 PM	#4
Big Mikey Drives: VW Scirocco & Camaro ZL1 Join Date: Jun 2021 Location: Michigan Posts: 49	I would think the C8 (base) would take value away from ZL1 more than the Z06, due to cost... I imagine the Z06 pricing to be a bit higher than C7 pricing

07-20-2021, 04:37 PM	#5
Can'tHave2MuchHP Drives: Fast Join Date: Mar 2015 Location: Michigan Posts: 3,696	Can't wait.

07-20-2021, 04:39 PM	#6
SFV1LE Drives: 2018 Hyper Blue ZL1 1LE Join Date: Dec 2018 Location: CA Posts: 1,360	Despite the high demand and long waiting list for an LT2 C8, with dealer markups still $20-30K, I still see consistent increase in value for my ZLE. The C8 Z06 waiting and dealer markup will be much worse, and will last at least 2 years. The effect of these ongoing C8/Z06 market conditions, combined with the upcoming end of ZL1 production and far superior engine platform for high HP modifications, may increase the value of ZL1s.

07-20-2021, 05:33 PM	#8
DangerZL1 Drives: 2023 Black ZL1 Auto Join Date: Oct 2009 Location: FEMA Region 4 Posts: 2,935	One Large Corvette dealer has a 2 year plus waiting list. You won’t see one for less than 90k with any options and no markup. If you have the means and can wait patiently or impatiently it will be worth it.

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