03-02-2022, 03:02 AM | #1 |
Drives: 2018 ZL1 Convertible A10 MBM Join Date: Mar 2019
Location: Cary, NC
Posts: 14
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The Value of HP Cars like the Zl1 during and after the EV transition
While the EV "transition" has all the rage right now (maybe it will subside a bit with present geopolitics), all of the new models are more truck and SUV related. Of course we all want the ZL1 for the experience so presumably there would be a premium for this type of car until an EV equivalent is available.
But what happens in the long term - it could take several year to develop a nice affordable EV track capable coupe/convertible. What happens to the G6 ZL1 over the next 5-10 years? Talk amongst yaselves. |
03-02-2022, 05:34 AM | #2 |
Drives: Chevrolet Camaro Join Date: Feb 2022
Location: Florida
Posts: 54
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Values higher over time. EV’s will bring expensive forced obsolescence by manufacturers, and more reliance on dealers for maintenance. Range anxiety limits utility of EV’s and is not easily solved. Other problems too, but rampant political correctness - and desire to adhere to the OEM’s EV playbooks as they spend billions developing these vehicles - suppresses more honest discussion on the many challenges associated with EV’s.
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03-02-2022, 06:02 AM | #3 |
Thank you Al Oppenheiser!
Drives: Red Hot A10 ZL1 Convertible Join Date: Jun 2017
Location: Sarasota, FL
Posts: 4,975
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For my fellow Southern coastal type people:
Imagine yourself trying to evacuate from a cat 4 or 5 hurricane that is <24 hours away. You and 500,000 other folks are going to try to evacuate on a highway in your cars. Battery electric cars. With 300 mile ranges. At some point you're going to need to recharge... say maybe 150-200 miles from home because after all you're only doing about 30 mph in traffic and you have the HVAC going. There are 100,000 other vehicles just like yours, all needing to recharge. If they have armed police at every charging station (which they won't) they can enforce a 40% or 50% max charge limit. Let's say then charging your car 10% to 50% takes 30 minutes (because when charging stations are full they cannot fast charge everyone at the same time) and there are 1000 charging ports available within range. 100,000 vehicles / 1000 = 100 * 0.5 = 50 hours. That's right, it will take 2 days to charge everyone's car. By then the hurricane is already gone by. And there's no power, so you wait by the side of the road for 2 more days before you can get a tow to recharge and go home. Hope you remembered your toilet paper. |
03-02-2022, 06:09 AM | #4 |
Drives: 2022 ZL1 M6 & 2023 Stinger GT AWD Join Date: Nov 2021
Location: Detroit Metro, MI
Posts: 452
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Performance cars will be last, because we are the last who willingly replace our "smoke machines". That does not mean that those cars will be "late" and not track ready. I would guess nice EVs for us will be after next or second next battery breakthrough...
We need batteries with higher energy density - like having 1000 miles with the same weight as today so we can run from hurricane or have smaller, lighter batteries with say 200 miles range for our toys. And the biggest problem is charging infrastructure - and house wiring, and utility... Not ready for simultaneous charging all the EVs around the block at once...
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2023 Kia Stinger GT AWD - as a family car...
2022 ZL1, M6 as daddy's ass mover Charger sold! Better to sell, than waiting to be stolen... |
03-02-2022, 08:21 AM | #5 |
Drives: 2022 CT4-V Blackwing Join Date: Sep 2013
Location: Florida
Posts: 2,723
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As far as value goes, I think our cars will be beloved by some and ostracized by others. I own both right now and while EVs make for great daily drivers due to their low operating costs and simplicity, they won't really scratch that itch for enthusiasts just yet. Maybe this will change in the future but for now most automakers will be focused on their high demand SUVs and pickups.
The value proposition for an EV sports coupe is basically instant torque and lower operating costs but you have to give up the exhaust note, vibration, shifting gears, etc. This is why I currently own both. If there are others that feel the same as me then our cars should hold their value pretty well.
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2002 Corvette Z06 - Black - Sold
2013 Camaro SS 1LE - Black - M6 - Sold 2016 Camaro SS - Mosaic Black - A8 - Sold 2017 C7 Stingray - M7 Coupe - Sold 2019 C7 Grand Sport M7 Vert - Sold 2021 Camaro ZL1 - Black - A10 - Sold 2019 Tesla Model 3 2022 CT4-V Blackwing - M6 |
03-02-2022, 08:33 AM | #6 |
Drives: 2022 2 SS 1LE on order ....now a 23 Join Date: Jan 2022
Location: North TX
Posts: 285
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The only winner in the EV game is China. It sickens me as to what is going on with our cars. How are they going to charge all these cars? I saw a video yesterday with a gas generator in the trunk of a Tesla. SMDH
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03-02-2022, 09:17 AM | #7 |
Drives: 2018 Camaro ZL1 1LE Join Date: Feb 2022
Location: Georgetown, TX
Posts: 15
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Even if there is a electric Camaro ZL1 one day that is comparable in performance (or even slightly better than the current), it'll never be as enjoyable in my mind. Cant be the sound of a V8 ramping up.
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03-02-2022, 09:39 AM | #8 |
Drives: 2017 Silverado/2017 ZL1 Join Date: Aug 2019
Location: Jax/Palatka FL
Posts: 1,090
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For me, my switch to an EV is going to depend on what happens in the midterms. That will basically determine the future of multiple parts of our society. Gas prices at the current rate makes the ZL1 financially unwise. I have three scenarios in my head right now. Sell the ZL1 and make the switch to EV and keep my old sonoma. Sell all my cars and buy a new v8 truck or Sell everything except my ZL1 and buy a really cheap EV or hybrid like the ford maverick.
I don't think anyone can legitimately tell you what the future holds in regards to the auto industry without knowing how the political structure plays out in the next year and a half.
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03-02-2022, 09:45 AM | #9 | |
Drives: 2022 ZL1 M6 & 2023 Stinger GT AWD Join Date: Nov 2021
Location: Detroit Metro, MI
Posts: 452
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Quote:
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2023 Kia Stinger GT AWD - as a family car...
2022 ZL1, M6 as daddy's ass mover Charger sold! Better to sell, than waiting to be stolen... |
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03-02-2022, 11:39 AM | #10 |
Drives: 2018 ZL-1 Join Date: Jan 2018
Location: Albuquerque
Posts: 948
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If I had extra money, I would order a ZL-1 1LE with a manual and PDR, drain out all the gas, disconnect the battery, and sell it in about 10 years, with only delivery miles on it. I think it would be very valuable at that time.
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03-02-2022, 12:00 PM | #11 |
Drives: 2022 ZL1 M6 & 2023 Stinger GT AWD Join Date: Nov 2021
Location: Detroit Metro, MI
Posts: 452
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Might be only for a museum if there will be no gas around
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2023 Kia Stinger GT AWD - as a family car...
2022 ZL1, M6 as daddy's ass mover Charger sold! Better to sell, than waiting to be stolen... |
03-02-2022, 12:22 PM | #12 |
Drives: 2018 ZL-1 Join Date: Jan 2018
Location: Albuquerque
Posts: 948
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I understand the concern, but this rush to EVs contains a lot of misinformation. For one, gasoline and diesel are unavoidable products of petroleum refining. If we want the plastics and oil for lubrication that we use now, we have to make gasoline and diesel.
Gas will probably be expensive in the future, but then again, it may not be. If most people are forced into EVs, and they still have to produce the gasoline as a result of refining oil for the other products we need, it might be relatively cheap. Anyway, I'm not going to buy a 1LE for investment. I'm focused on finishing my off-grid house, and accumulating gold, bitcoin, and storing up food. |
03-02-2022, 12:35 PM | #13 | |
Drives: 2022 ZL1 M6 & 2023 Stinger GT AWD Join Date: Nov 2021
Location: Detroit Metro, MI
Posts: 452
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Quote:
So what will happen? I don't know, but I see a lot of variables here. If I wouldn't believe ICE will live for some time I wouldn't try hard to get Camaro right now
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2023 Kia Stinger GT AWD - as a family car...
2022 ZL1, M6 as daddy's ass mover Charger sold! Better to sell, than waiting to be stolen... |
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03-02-2022, 12:43 PM | #14 | |
Drives: 2018 ZL-1 Join Date: Jan 2018
Location: Albuquerque
Posts: 948
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Quote:
Last edited by Mark R; 03-02-2022 at 01:39 PM. |
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