C8 Z06 | Page 46 | FerrariChat

C8 Z06

Discussion in 'American Muscle' started by sainthoo, Jun 10, 2020.

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  1. energy88

    energy88 Three Time F1 World Champ
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    Jan 21, 2012
    33,109
    31 miles off Centroid of VA
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    John
    Maybe issue the warranty 1 year at a time sort of like a subscription or insurance?
     
  2. darkkaangel

    darkkaangel Formula 3
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    May 20, 2007
    1,272
    North Texas
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    Jeff
    Thecadster, werewolf, BJK and 2 others like this.
  3. sainthoo

    sainthoo Formula 3
    Owner Rossa Subscribed

    Jan 20, 2007
    2,080
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    Christian
    There are copies of a letter out there to see. So, seems real.

    Naive questions: why not just purchase the car in the name of a LLC created for the purpose? Sell LLC, not car. Seems like a work around to me?
     
  4. boxerman

    boxerman Two Time F1 World Champ
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    May 27, 2004
    20,026
    FL
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    Sean

    An LLC may work. I can speculate that most people not going to that type of effort for 50K. Interesting too that there are such waits for an escalade V.
     
  5. sainthoo

    sainthoo Formula 3
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    Jan 20, 2007
    2,080
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    Christian
    I want to consider the flip to horse trade for a Roma before they make it hybrid (my fear). I placed a deposit in late spring, but I have no buying history with the dealer, and I was told 18-20 month wait…. makes me nervous I may not get one before some sort of “refresh,” because my best case is about October, 2023. I was hoping I could offer the flip for a little oomph to get my allocation in the queue so to speak.

    Give me the choice of getting a Roma or a Z06- no brainer for me. (A Roma and an Emira make a pretty sweet garage vs a Z06 and an Emira).
     
  6. BJK

    BJK F1 Veteran

    Jul 18, 2014
    5,729
    CT
    werewolf likes this.
  7. PA Wolfpacker

    PA Wolfpacker Formula Junior

    Aug 19, 2007
    690
    Naples, FL
    Full Name:
    Neil
    A potential dilemma for me. If my dealer is right I should receive my Z06 around this time next year. My SF90S should arrive about 6 months after that. Was thinking of unloading the Z06 when the F car arrived.
     
  8. BJK

    BJK F1 Veteran

    Jul 18, 2014
    5,729
    CT
    Chevy Releases Additional Details and the Customer Sign-Off Form To Tamp Down on Z06 Flippers
    https://www.corvetteblogger.com/2022/08/01/chevy-releases-additional-details-and-the-customer-sign-off-form-to-tamp-down-on-z06-flippers/
    1. You will be ineligible to place vehicle reservations or place a sold order with a dealer for certain high demand models (as identified by GM) including but not limited to future Corvette Z06.
    2. The Bumper-to-Bumper, Powertrain, Sheet Metal, Tire and Accessory coverages under GM’s New Vehicle Limited Warranty will be voided.
    3. You will not be eligible to receive the exclusive Z06 award of 500,000 My Chevy Rewards Points (a $5,000 value).
    By signing below, you are acknowledging that you understand these terms. Given the impact on warranty coverage, you are also agreeing that,
    if you choose to sell this vehicle within one year after you have taken delivery, you will communicate the loss of warranty coverage to the transferee.
    These changes will not impact product recalls in any way.

    .
     
    VAF84 likes this.
  9. BJK

    BJK F1 Veteran

    Jul 18, 2014
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    CT
  10. TheMayor

    TheMayor Ten Time F1 World Champ
    Rossa Subscribed

    Feb 11, 2008
    107,749
    Vegas baby
  11. TheMayor

    TheMayor Ten Time F1 World Champ
    Rossa Subscribed

    Feb 11, 2008
    107,749
    Vegas baby
    complete BS. They cannot void a warranty.

    So you mean if you sell the car back to a dealer and they sell it at a profit they have to void their own warranty?

    bull loney.
     
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  12. BJK

    BJK F1 Veteran

    Jul 18, 2014
    5,729
    CT
    agree, but they can probably blackball you from future dealer purchase of C8's which would suck for an enthusiast that would want an E-ray, ZR1 and Zora.

    Dealers will discourage flippers by collecting $50k over msrp. Very few buyers would be willing to pay another $20-$50k on top of that.

    .
     
  13. BJK

    BJK F1 Veteran

    Jul 18, 2014
    5,729
    CT
    I think most people assumed it was an e-ray battery fire.
    .
     
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  14. PA Wolfpacker

    PA Wolfpacker Formula Junior

    Aug 19, 2007
    690
    Naples, FL
    Full Name:
    Neil
    I’ve been researching this online and it appears the manufacturer can decide if the warranty is transferable. An example was Hyundai that will not transfer their 100,000 mile warranty, only a 60,000 mile warranty when it is sold.
     
  15. TheMayor

    TheMayor Ten Time F1 World Champ
    Rossa Subscribed

    Feb 11, 2008
    107,749
    Vegas baby

    Its lawsuit city and GM would lose every time. I see class action lawsuits or State's Attorney Generals stepping in.
     
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  16. Wikdstrate

    Wikdstrate Formula Junior
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    Mar 25, 2013
    774
    New York
    Full Name:
    Alec
    Well, it took a class action lawsuit against GM for them to finally admit that they had a cooling issue with the C7 ZO6. :rolleyes:
     
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  17. jimmyb

    jimmyb Formula 3

    Dec 26, 2005
    2,226
    Charlotte, N.C.
    Full Name:
    James Bookout
    They did (assume) and the media said it WAS an eRay without actually CONFIRMING it was an eRay. Then, all the anti-electric folks jumped in to show how dangerous electric cars are...certainly no ICE car has ever caught on fire...oh wait.
     
  18. CarAholic

    CarAholic Formula Junior

    May 10, 2016
    522
    Personally think GM missed the boat on pricing. A lot on this forum May not under stand it as the price is still cheap in comparison to the models owned on this board. For the typical corvette enthusiast it’s a huge leap in price and will price some out of it. Once the dealer lists run dry this will sit and sit on the lots. The C7 Z was on the lots with huge discounts and it was much cheaper then the current one. One of the main allures of the Vett was that it was super car performance at a fraction of the cost. Now a nicely optioned Z is at or above GT4RS pricing and touching on 911 turbo pricing. I would much rather own both of those vehicles over a vett. At the same time you have the big ? Of Chevy reliability of a flat plane crank motor. Then the additional hassle of dealing with the American car dealers and service department. I personally dread anytime I buy an American car because of that.


    Sent from my iPhone using Tapatalk
     
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  19. Wikdstrate

    Wikdstrate Formula Junior
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    Mar 25, 2013
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    New York
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    Alec
    ^^^^^ This is spot-on! Not going forward with my ZO6 order.

    Grabbing some popcorn for the reveal of the 992 GT3 RS next week (which I've been on the list at my dealer since May of 2019).

    Too bad because I was looking forward to getting back into a Vette. :(
     
  20. TheMayor

    TheMayor Ten Time F1 World Champ
    Rossa Subscribed

    Feb 11, 2008
    107,749
    Vegas baby

    Well, I disagree. I do agree the price is high for the typical Vette owner. That is a problem but demand for the car was also unreasonable. Who knows how many speculators were trying to make a quick buck?

    But I disagree with them eventually sitting on lots, at least not for years. Stingray deliveries are still out over a year. In the past, GM just keep the factory running and pushed cars to dealers. You don't see that yet with the C8 and probably won't. The reason is the Z06, the Eray and also international orders. Discounting happened when too many cars were made. Most of the C8's are built to order and probably will be for 2-3 years. At that point they probably will have a C9 coming unless this is the end of the line.

    There's a brand new C8 sitting in the showroom of my dealer in Vegas with a "adjusted value" of $55K on top of the $92K MSRP. They don't seem to be wanted to dump them anytime soon.
     
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  21. italiafan

    italiafan F1 World Champ
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    Jul 19, 2006
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    Full Name:
    Stickbones Swagglesmith
    I understand the financial concerns for your “average” ‘vette enthusiast, but I will remain on the list, albeit it will be several years before my ridiculously high number comes up. :(
    I want them to have a good two years of production to work out bugs before I order mine.
    While the rest of the world is going turbo, hybrid, EV this is a giant middle finger to all of them from America’s heartland...a pure NA engine making huge power with amazing sound, and will have enormous aftermarket options and support. That makes it extremely desirable to me.
    I think Chevy dealers will make efforts to treat customers well that have shelled out 2-3x the amount of money than their other customers, especially with other potentially more expensive ‘vette models coming. I believe Chevy has committed to this brand deeply.
     
  22. CarAholic

    CarAholic Formula Junior

    May 10, 2016
    522
    I agree it will be a couple years before this happens but it will.


    Sent from my iPhone using Tapatalk
     
  23. CarAholic

    CarAholic Formula Junior

    May 10, 2016
    522
    I don’t have any hopes that Chevy dealer will treat a Z06 owner any differently then a Cruz owner. Delt with to many American dealers and have had horrendous experiences


    Sent from my iPhone using Tapatalk
     
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  24. Wikdstrate

    Wikdstrate Formula Junior
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    Mar 25, 2013
    774
    New York
    Full Name:
    Alec
    I had my local GM dealer service my ZO6 when I was doing a bunch of HPDE's. They had a "ZO6 team of mechanics" that were the only ones that were supposedly allowed to work on ZO6's. After a plethora of issues with the car I decided to take it to a dedicated race shop and they politely pointed-out the myriad of issues that had been overlooked/neglected by GM.

    Scary to say the least! I trusted my life with the dealer...never again.
     
  25. Edward 96GTS

    Edward 96GTS F1 World Champ
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    Nov 1, 2003
    11,162
    my friend ordered a base, no options c8 coupe 6 weeks ago. its being built now.
    will have it soon.
     

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