Rip Tide

Good morning everyone its been a while. About 2 years ago I sold my 2019 Z06 for another vehicle. Now I’m back at it and definitely looking to get a new Z06 but due to all the mark ups and restraints I’d like to wait at least a year or two. I have an opportunity to pick up a new 2024 Z51 Stingray at MSRP it’s ready to go. I’m on the fence and wondering where the market will be in two years. I’m thinking major rebates on these cars. Any thoughts?

sprtplt

I would think production numbers will be reduced as the primary way of dealing with increasing supply and decreasing demand, as it has always been.

Phil1098

There really is no reason for it to go into major rebates in a year or two. Has the market cooled, absolutely, but now they are adding E-Ray into the mix and for every E-Ray and Z06 they make, there is that many less SRs. If you want to buy new, (depending on trim and options, super high optioned SRs won't hold their original MSRP) you won't lose too much at MSRP. In a year this car isn't going to turn into OMG distressed merchandise, it's just not. It's still a mid engine, super high performance sports car, that others are trying for the first time when normally they would have never considered a Corvette. If it falls out of bed, the car market on the whole will fall ahead of it, and if you look at Porsche pricing and others they have raised prices over 16% on cars that are already over six figures (percentage at that level is REAL money).

golddog

No one is guaranteed today or tomorrow let alone 2 years from now. If you have an opportunity to purchase now, go ahead and enjoy it now and don't worry about 2 years down the line.
I wouldn't hold out for major rebates either.

Fore58

People are still on the list for Stingrays.....
they particular about their options. There is still a slight markup on Stingrays in our area. However, $210k with a certified warranty for a used z06 is outrageous. Get the Stingray and enjoy it for the time being.

proeagles

Tomorrow is guaranteed to no one. Live life while you have it and can enjoy it.

See8

A few things.

The overall economic landscape "should" be drastically different (improved) by then -- after the 2024 election. Also, expect the Fed to have pivoted by then. Not only will the Fed ceased increasing rates, but I would expect some sort of economic easing to be in effect.

Lastly, the ZO6 will still be a highly desired, low-production vehicle, so don't expect any discounts on this car. If you added your name to the list now, it may take a few years to get it.

blackvetterzo6

get the stingray, you won’t need the ZO6…..

Acpantera

Local dealer I ordered my Stingray from has two Z06 in stock selling for MSRP.

Rip Tide

Not ready yet…I’ve seen quite few out there for MSRP Also found several 2023 stingrays 3k-5k below MSRP…

jazvet

where the z06 for msrp?

Rapid Z

Some dealers offer them at MSRP but usually have a three year or longer waiting list.

Acpantera

Joe Basil, Depew NY

c6miller

Two years from now the price of a Corvette will likely be $4-5000 +more than today. Factor that in to your decision,

TxJester

you will get all kinds of answers on here regarding that subject, problem is the ones that talk like they know the most don’t know come here from sic-em.

Rip Tide

How right you are! I’ve already haggled 2 dealers down to 2k off MSRP on 2024 models.
I’m ready to pull trigger both 2 LT Z51 one with mag no lift one no lift no mag.

Legion

If you are not tracking the Vette this is an easy answer.

Vetteman Jack

If the car is what you want in terms of color and options, go for it before someone else does.

Red Mist Rulz

I'm not sure if you're wondering about resale on a Z51 or discounts on a Z06. There are years long waiting lists for the Z06. It won't be discounted for years, if ever. If you're not already on a list, the only way you'll get a Z06 in the next few years is to pay ADM or buy a used one, also probably above MSRP.

If you're wondering about resale, the premium on used Stingrays is pretty much gone. They're not depreciating a lot, compared to most cars, but they are depreciating assets.

Rip Tide

My plan is to drive the Stingray for 2 years then sell for the Z06 so resale is a part of my end game with this car. I think the years long waiting lists will diminish and all these Vettes will be readily available in 2025 with a slight exception of the E-Ray. This is just my opinion take it with a grain of salt…
I’m on the fence now between a 2024 2lt Z51 with front lift NO mag ride for 4.5k UNDER MSRP. Or another car same spec WITH mag ride for MSRP.
The first deal seems better for my end game…