C8 Z06

I will eat dirt if my 4 to 5 years do not get bumped up. I am good with the wait as I will not pay over msrp. I like to believe I am an adult who is financially responsible and, I have other options to enjoy in the mean time. My dealer promised my sons C8 build will go in this November and will deliver in January 2023. If they lied, then I will not be adding any Corvettes to our garage. Too old to play games.

We all know that these flippers and "wishful" buyers who saved a little during Covid and now they think they can afford a $130K / 165K avg car now (yes they keep forgetting to mention the taxes) is going to be in a world of hurt if they lose their job, etc. I do not wish it upon anyone but life is not always fair.
I saw a report where Ford Credit said their loan default rate is high now. I hope the people buying the Z06 are not the middle class living on +/- $75k a year.
We not not need to add to the declining economy. As alway the job numbers are fake news.
My rule of thumb.. I will not buy a car that costs more than what I make in a year.

 

Oh I agree! I just wish no one else knew. I’m also just amazed that there that many people with that cash.

 

I guarantee you the majority will use loans whether they have the cash or not. However, this whole market is going to change again when the Fed ups the rates 2-3 more times before cars start leaving the factory.

 

I'm not sure how many of the pending Z06 buyers they are, but I'm sure there is some cross shopping going on. I cross shopped the C7 Z06 to the F430, but the experience wasn't even close, so I went with the F430. Had this car existed, I'm pretty sure it would have been a no brainer. Now that I've had the Ferrari fix, I'm generally the buyer that you just described. However, if you tell me I can have a F430/Gallardo for $50k less than a C8 Z06... I mean that's where I'm going to go. Yes, I'd still prefer the Z06, but only when similarly priced.

I don’t think that’s what it’s all about. There’s plenty of numbers cars out there, no shortage of that. This is the only new vehicle that's flat plane, mid-engine, NA V8 on the market. It's what the people want, but no one else is selling anymore. It has that addictive sound that you can only really get from a Ferrari until now. In my specific case, I don’t care much about the performance numbers, because all of these cars are beyond fast at this point. I thought the 458 was insanely fast. I had some minimal seat time in the F8 and it was just too fast. Point is, that car provides almost all of what the F430/Gallardo/458 provide, but at a bargain, and with better build quality/reliability. I do agree with you that it's becoming apparent the Z06 may not be the common man's car any longer. Seems like upper middle class territory at this point.

 

^ F 430 spider still one of my all time favorite cars.

The problem is its old. Old technology, old creature comfort, old everything. And not cheap to repair mechanically or if banged up.

Lots of soul though. The car Ferrari has forgotten how to make. Analog vs digital.

But for a daily driver, the C8 Z06 wins.

The Z06 reminds me of the 388 GTO. This is the car the 308 should have been from the start.

 

To clarify, I was responding to the statement that buyers will bypass the Z06 and go for an older exotic. As The Mayor succinctly put it, I disagreed too. I am in the market with $150-200k to spend. To think the die hard vette guys (and I am one having owned 7 so far) will opt for a F430 or Gallardo is ridiculous. Those guys would buy a new GT500 before that. Guaranteed. However, those that are after the performance and exclusivity would consider the lateral move to a 458. I am in that group.

 

Clearly there will be some cross shopping with used ferraris, especially if waits are years and prices comparable.

My reading of the z06 tea leaves. There is always a crowd of gotta have it, the next best thing. I remember premiums on 1982 firebirds(the ones with the pop up headlights) when they came out.
Im guessing that for many if not most vette buyers the z06 is groovy sounding slightly more aggressive vette. We'll be hearing them rving off the limiter at stop lightrs and seeign them crusing down the highway at 70 in the right lane along with 97% of other evttes. So its going to be for many an exotic sounding fatser on paper vette.

In due course the e rey will be released and many will dicover its as fast or faster off the line, more cofy, more classical sounding and in genral for the audince at large a betetr car, plus it will cost elss. Then there will be the much faster ZR1 for the numbers guys.
Along the way the z06 wont be the enxt thing, it will satrt tog et lost in some of the noise as orders transfer.
Add to that the multiple orders placed by many at multiple dealers. Once it becomes realized that you cant just flip out, holding multiple order will subside.
Now were seeing mass retirement among the boomers, and they're all buying toys, boats and cars. That too will die out, retirement funds are not growing this year.

These 3 year waits for a z06, unless production remains severly limited, 2 -3 years from now, one will be able to buy all the z06s one wants, while most orders will have been cancelled or transferred to ereys and zr1's.

Had the E-rey or zr1 come out firts that would be the back orderd vette, and then by the time the "slower" z06 came out people would be wondering what its for and sales would be low. Thats what happened with the c6 z06.

Now its possible that GM got its sums production requirements and reliability wrong for the motor and the z06 will only ever be built in extremely low numbers. But its Gm and chevy were talking about, they're not traditionally production limited. What theyre doing is launching the hard core version first and then the softer "faster" ones later. Thats makes sense, the c6 z06 and late z28 came after the softer faster ones and only had a very limited audience. If you had lobbied for the z6 in Gm, that bespoke motor, you need to sho sales and margins, it then makes sense to launch the z06 ahead of the others, capture sales from the gotta have it crowd, program is a success and then release the others.

In any event unless production remains sverely curtailed those back orders will dissipate, it will be interesting to see how they keep the z06 fresh and appealing, upgrades in 4 years, rs version?.

 

It’s difficult to gauge what will happen with Z06 interest. Here we are more than halfway through ‘22 and car prices are still higher than historical norms. It may be another year before we seem them back to normal levels. Add to that the Z06 will be the last NA Vette and one that provides 458 sound which may extend the demand curve longer than Z06 predecessors. ZR1s will be at a much higher price point than the Z06 and the ERay is an EV which may be a market all into itself.

These factors make it difficult to predict Z06 demand. My guess it will be a few years longer than older Z06s. Time will tell.

 

Neglected by the DEALER, not GM

 

Sounds great. One video said they were changing tires after 2 days of track running, which sounds pretty good for such va heavy car if true.
I wonder what the lap times were at laguna? we can then have some comparative data.

 

For me, The C8 Z06 is in a different league than any true street exotic. There is no way I would consider a used exotic rather than a new Z06.

I was satisfied with a C6 Z06!! Shifter change and seats that actually work and it is a great, fast car. C6 ZR1 followed and it is even better.

 

For me the C8 Z06 is the end of an era in sports cars. No turbos. No batteries. Just the most powerful normally aspirated V8 in production revving to 8400 RPM. Its the end of the line for the V8. The future is electric or V6 turbos (sad).

 

Struggling with a ZO6 now that its' price is within 15% of a modern 12 cylinder Ferrari.

 

Which modern v12 ferrari costs close to low mid $100k?

 

My spec of a ZO6 would approach $190K after taxes, delivery, DMV, and gas guzzler fees.

There are Ferrari F12’s available for $220K. They appear to be dropping recently and will likely continue to do so for the foreseeable future.

$190K is 86% of $220K…and that’s assuming you can even get a ZO6 without ADM.

I’m having a really hard time with GM’s pricing. I was expecting a well optioned car coming in at $130K after tax.

To each their own.

 

It’s not the list price that matters, only the acquisition price. What’s a 992 GT3 RS list for? What’s a 812 Competizione one list for?

 

GM is simply scooping much of the ADM the dealer would have charged. This Z06 was always destined for oversubscription.

 

Yes, I agree ^^^, but I'm #3 on the list at my dealer for MSRP and I would've had an allocation at MSRP.

The upcharge from GM to "cover potential ADM" just serves the function of pissing me off and turning me away.

 

Ah, I wasnt taking adm into consideration on z06. Will be 50k to 100k imo or similar to gt4rs. Gt3rs will be another 50 on top that. So yeah, used ferrari pricing without adm looks pretty good

 

I'm planning on around $140K with the best interior and HTC. Tax is tax. You pay that tax whether its a Ferrari or Corvette. So, I don't get it.

 

Tax is definitely not tax when buying used, private vehicles.

 

When will GM be lifting the review embargo? I would like to overdose on some Z06 YouTube videos.

 

Or the configurator. For some reason they are delaying everything.

IMO they will release the embargo very shortly because a lot of them were made at Monterey.

 

This is my thought for Z06 spec. ~$145K.

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I’m thinking one of these two, but most likely would lean towards the red. Every generation of Corvette has looked great in red with black trim.
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