jimmyb

Just for fun, I thought I would look at real world info rather than what has gone on here...

2013 C6 Z06 BASE price (in 2013): $76,575
Adjusted for inflation as of JUNE 2022, that 2013 base Z06 would be $97,016.87

So, for an additional $7,983.13 (comparing apples to apples at $105,000 base price), you get a mid-engine car, 165 additional horsepower, a much nicer interior, better/bigger tires, brakes, suspension, etc.
Neither number includes destination and the 2022 Z06 does NOT include the GG tax since I don't know what it is.

Panfish

Nice. That’s 9+% more besides inflation. Of course, for it to be more meaningful, figure options for out the door pricing. Remember, that’s MSRP too. Those paying various ADM’s will find this to be worthless.

AustinVetter

And the C7 Z06 didn't require draconian forms you must agree to before purchase. It was yours when you paid for it with no restrictions.

C8UR911

why use a c6 as comparison rather than C7….redo calculation for C7 and it’s not a very good look….

thill444

As I mentioned in another thread the 2019 Z06 with the craptastic 8speed auto was $83K and change MSRP. This was before strikes, inflation, major supply chain issues that are plaguing C8 production almost three model years in.

Also the C7 Z06 used a supercharged LT1 variant that is found in everything from their base Corvette to Camaros to trucks. There was nothing handbuilt or exotic about it. The C7 Z06 was also plagued with inadequate cooling and lots of transmission issues.

GM clearly wanted the C8 Z06 to be something far more special with a beefed up Tremec DCT, handbuilt high revving FPC engine, and what I assume are better cooling, etc. It’s a completely next level track car vs the C7 Z06 which was, arguably, not even as fun a car to drive on track as the Zl1 1LE Camaro.

The MSRP is what it is, GM did not cut corners this time and up you gotta pay to play.

JockItch

And the 2013 base C6 Corvette started a little under $51k while the 2020 C8 Stingray, a mid-engine car that pretty much has most the advantages you listed and more, started at under $60k (and now adjusted for inflation around $65,500). Playing with numbers is fun.

And the problem is compounded with GM going a similar route as they did with C8 Stingray pricing in making up for value base starting price with a high option list… ala Porsche. Except with this Z06, not only did they jack up the starting price, they also jacked up the option pricing for the most part (the multi thousand dollar increase for 2LZ vs 2LT, where you actually get less upgraded due to the HUD being standard on 1LZ is a real kicker). Now a decently optioned Z06 will price out around the C7 ZR1 and an optioned out version will exceed it. That definitely didn’t happen with the C6 ZR1 and C7 Z06, even with accounting for inflation.

I’m not complaining, nothing is going to change by doing that, just calling a spade a spade. Been waiting to buy a brand new Z06, NCM delivery, since I was 20 years old. Now I’m finally in position to make that happen and we get hit with this curveball. Gonna bite the bullet though since this is the last opportunity to get the new Z06 I truly desire as I have no interest in a hybrid or EV Corvette. Part of me thinks GM is banking, pun intended, on this factor as well.

jimmyb

It was just a fun little exercise...
We live in 2022 and we have to pay 2022 money...I didn't go through the process to try to explain the 2023 Z06 pricing...it is what it is, you can either afford it or you can't.
I do find it funny that the C7 Z06 is NOW being held up as the paragon of virtue when for 4 solid years, all anyone on this forum did was bitch about the track overheating and early on, the 8 speed automatic.

thill444

Wait till people see 2024-2026 model year pricing which is when most will probably take delivery….

jimmyb

Because other than the VERY early C7 Z06 buyers, practically EVERYONE got a DISCOUNT on the C7 Z06.
It's a different world and a VERY different Corvette now. Seriously, do you have ANY idea how many "flipper" (Not the Dolphin) threads there have been over the last 2 years?
GM is trying to stop that...damned if you do and damned if you don't in your world, huh...
Or are you OK with people flipping the cars for crazy money?

PS. I don't have strong feelings either way on flipping...your car, do with it what you will. But, if you do flip it, I'm fine with GM "blackballing" you for the next/latest/greatest.

Sin City

IMO they missed their perfect price by about 15 grand. But with inflation its kinda to be expected. Anyone bought a dozen eggs lately?

Its still a bargain. Its just "expensive".

sandcracker21

Everyone, PLEASE stop digging so deep to make excuses for GM.

They jacked the price up 20k because they knew people would still pay it. It is what it is.

jimmyb

That's a short time away but A LOT can happen...what were you paying for a gallon of regular gas in July 2020? I'll help, it was $2.18/gal. Average gas price in July 2022 was $4.77. Things change (and often in the blink of an eye)

jimmyb

OP here.
As I stated CLEARLY, I am not taking up for them (GM). They priced the car where they think it should be priced, with an assist from inflation. If the waiting lists drop by 90%, they'll know they overpriced it...If the waiting lists drop by 40%, they got the pricing right.

Hell, a year ago I thought the car was going to start at $90K-$95K...

JockItch

The true test, IMO, will be a few years into production… especially if they slot the Eray price in between the Stingray and Z06. At a minimum I could see the majority of cars being ordered at that point not being as optioned out as the early adopters likely will do.

thill444

July 2020 was an anomaly though because of Covid. Gas companies lost their shirts and had mass layoffs, July 2018-2019 at least where I live regular was low $3’s and 93 was pushing $4 a gallon.

jimmyb

National average regular gas price in July 2019 was $2.82/gal.
National average regular gas price in July 2018 was $2.92/gal
Plus, gas prices are ALWAYS higher in July because of folks travelling for the 4th holiday. National regular gas price was $2.33/gallon in January 2019 and $2.61/gallon in January 2018

Your state obviously has VERY stout gas taxes...

jimmyb

If the C8 follows Corvette tradition as it gets into it's later years, dealers are ordering low option cars for the lot, to appeal to the "value" shopper. Your point is 100% correct about us "early adopters"...we order HIGH option cars. In the C7, over 90% of the 2014 model year was 2LT/3LT cars. By 2019, 2LT/3LT were 50%.
This is assuming that GM EVER catches up with demand so that dealers can actually have inventory. The best production year for the C8 so far is over 10,000 cars LESS than a normal C7 year...

PS. My theory is that the eRay is going to be closer to the C8 Z06 price than the GS/Z06 pricing in the C6/C7. There is NO doubt that the C6/C7 GS cannabalized Z06 sales.

John510

how did they jack up the price 20k if the price was never announced to begin with? Mind blown 🤯

jimmyb

^^^
The same way the Stingray was "delayed" even though they never announced a start date.
Somebody's dog made the prediction on the Stingray and the world RAN with it.

AustinVetter

BINGO! IF <<< BIG IF... GM was worried about "flippers" then they would have started these anti-flipping policies 3 YEARS AGO! Or 2 YEARS AGO... Or LAST YEAR ... or NOW on the C8! But they didn't and they haven't. Even though flipping the C8 is the cause of so much angst. It's a little odd of GM to ONLY do this for the C8Z isn't it? Unless or course, they really don't mind flippers because flippers have caused the perceived value of their product to skyrocket... which in turn allows their dealers to also charge a CRAP TON more on both new and used C8's. Now... GM is only creating these policies for the C8Z. This only hurts consumers by dragging us all through this crap, marginally hurting the flippers but really what it does is give GM the excuse to dramatically increase the price of the C8Z and its options while at the same time give GM's dealer networks a monopoly on new and used car sales. They win, we lose. (whether some admit it or not)

So yes, I'm all for GM banning or "blackballing" flippers. But they should have done it 3,2,1 year ago and they most certainly should be doing that now with the C8Z and the C8. It *should* be retroactive... meaning that anyone currently placing an order for a C8Z that ordered 2 or more C8's have their order or place in line immediately revoked. If GM TRULY cares about stopping flipping, then why aren't they doing that?