fisher auto

By the looks of the C7 I don't think our cars will have any problem holding there value, especially our "Z"s. I know it's speculation but just not feelin the look of the of the new camaro....oops I mean C7, lol!

Z06pete

Now I have to ask you guys a serious question here. Your not really looking at these vehicles as an investment are you?

dun4791

Nope.

VetteVinnie

What about the loaded ones with stickers over $100K? Are you saying those should only be worth low 30s also? I don't think so.

And no new Corvette is an investment. They make too many of them. Ferrari or Lamborghini? Sure. Ford GT? A rare exception because of limited production. That's precisely why I drive and enjoy my car and not let it sit collecting dust.

fisher auto

Hell No! Not like they'll be "on the block" at Barrett Jackson any time soon!

z51vett

Even though the C7 will be out it has unproven tech advances in engine and other areas.Remember the 05 weak diff and harmonic bal hell my 1984 had a harmonic bal recall. It also has less horse power and the Zo6/zr1 have unique at this time features magnasiam(Sorry for spelling) engine cradles and windshield area as well as alum frame. Yes it will have more horse power than stock c6 but it has less cubic inches and horse power than a 427 aka 428 505hp, remember no substitute for cubic inches on street.Oh and z weights in at 3140.
Until we see a Z06/ZR1 C7 the Z06/Zr1's are unique styling change or not.
z51vett

DON T.

Being that i cannot dream of ever owning a ferrari or lamborghini, in my world( and i assume others ) my Z06 is my exotic dream car. But i cannot argue with you one bit when you say you drive your Z and not let here collect dust. Everyday its not bad weather i have found myself driving her to work. The vehical is just to much fun to drive to let sit Thanks for helping me understand this car is to drive and to enjoy everyday possible!!!!!!!

Dre01SS

Listed price does not mean sold price... For the very same reason some folks in this very thread have mentioned about purchasing their car below market value. It's not like we all pay MSRP or Listed price.

It'll be interesting to see how the market reacts with the new C7, warranties expiring, more engines blowing (hopefully not), competitor cars, as well as the economy as a whole.

Meanwhile, I'm sitting on the sidelines watching, and waiting for the right time/car to come along... And you should just be enjoying your drives

crAzy

I am going off base prices. Loaded ones may have a little more value but I doubt it down the long run. C5Z's are stuck between $15K and $25K. Def a HUGE margin. I have a feeling C6Z are going to stay in the $30's and $40's for a good while depending on year.

I do enjoy mine and its my daily. I am driving it like it was made to be. Not stored in a temp cooled garage where it gets maybe a touch once or twice a year. Thats wasting the damn thing. Its just a car. Not a Golden Globe Award Statue lol.

ATC399

Drive it and enjoy owning one bad *** car..Resale be dammed.

JwT

I agree that the C6Z is not an investment. I also agree that, and this is just my opinion that the C6Z for the most part is purchased by older adults. Lets face it, can you imagine the insurance for a younger driver owning a Z06. Even older adults better have a clean record to drive this car as often as they want. Vette magazine recently said that the LS7 and the LS9 are going away for good(as in not sold in any car). If that happens I believe that our 427 rides will hold their value very well.

G.M. could have a problem with the C7 in that the cost,s of buying and driving a corvette seems to be going through the roof. Yes there are some sucessful youngsters that can afford the car, but sales will be down to the market of Porche and GTR. And at those prices G.M. may lose customers to faster German hot rods. Only time will tell, but I think if you own a Z and you can keep it, you may be very happy with the value of any 427 Z06 later on. Just my 2 cents.

crAzy

I paid $108 for my C5Z full coverage (After I turned 25). Had the car from 23-27.

I am paying $130 for my C6Z for full coverage and this is with a 5/10 record (1 being the cleanest and 10 being the worst). I am 27 as of last month. From State Farm as well.

JwT

So I'm 57, have no tickets or violations for the last 15 years and State Farm wanted over $2000.00 a year from me. But your paying $130.00....for a ZO6.....with a 427?

crAzy

Damn . I thought mine was some what high. Well I have discounts on my account. For example: Defensive Driving, Having other family members with the same company, car is considered very safe (Not sure about that lol) and a few more things. Maybe state to state is different. I am in Texas.

HyperX

I will go down to about 18k and that will be the bottom and then will will inch up. Kind of like the c4 zr1 in todays money.

JJC5

I thought that too but I read his post again and it's an '06, not '09.

Nino S

I bought my 2008 VY 3LZ with 17k miles with a ton of bolt ons for $46k a month. I got all of the money for my trade so I was happy with the deal and it was exactly what I was looking for. People will pay for what they want but want a deal if they have to settle on options/color/miles/mods etc

spra4u

I pay $91 dollars a month for full coverage on my Z. Statefarm

Jawnathin

When I added the Z06 to my policy, it was only an extra $600/year to my existing policy (which covers my other car and home).

I was 25 when I bought the car.

Aozora

I wouldnt count on that, GM’s dealer VIN cards have been posted for the new Camaro and a new engine code has it as the LS7...

Anywho it will be interesting to see in a few days what is unveiled. The c7 is said to be a beauty! Tons of carbon fiber, under 3100lbs, aluminum frame + a 7 speed manual, 8speed auto on the base model. Completely redesigned inside and out, comparable performance to the c6z (certainly not better performance) but newer technology in the new LT1.

The c6z will always be a great track ready, heavyweight performer. However, many uncontrollable factors as well as how well the new car in base trim stacks up against it + how it looks will probably dictate the rate of depreciation on the previous gen.
If the base car is close to the performance of the Z, looks better 'subjectively', can be had with a new transmission, motor and interior...you get the point...that can all be pretty tempting to the potential Z buyer.

Personally I think the new base will be somewhere between the GS and the Z, with track options to close that gap on the first model year.
With the base getting a bump here and there a year or two in to be equal to it.

I guess my synopsis is that all things considered, the c7 will not hurt used values of the C6Z much initially despite how much of a success it is turning out to be, the Z06 is still going to be a track monster next year and the year after as is the c5Z. But people expecting it to have no contributing factor are mistaken.