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What is the avg Z06 markup price ?

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Old 10-31-2023, 11:47 AM
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Stingray Al
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Default What is the avg Z06 markup price ?

How much are dealers marking up a c8 in stock Z06?

Thanks
Al
Old 10-31-2023, 11:55 AM
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chevyrules727
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Seems to be down to $10K-$20K asking for Z06 and roughly $30K-$40K for aero/Z07 cars.

Some stragglers still seeking $30K-$40K for Z06 and $50K for aero/Z07 cars, but that seems to be the average.
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Old 10-31-2023, 12:50 PM
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RBK
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Originally Posted by Stingray Al
How much are dealers marking up a c8 in stock Z06?

Thanks
Al
Believing what you read on this forum, ADM's are dropping, a combination of time and winter. I bought a Cadillac CTV 5 for $15,000 over MSRP because the money did not matter as much a time. The time/money equation will see more people willing to pay, say (a guess) under $20,000 ADM to get a car right away than wonder how long it will take and that has to be in the minds of dealers.
Old 10-31-2023, 01:43 PM
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TxJester
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Originally Posted by RBK
Believing what you read on this forum, ADM's are dropping, a combination of time and winter. I bought a Cadillac CTV 5 for $15,000 over MSRP because the money did not matter as much a time. The time/money equation will see more people willing to pay, say (a guess) under $20,000 ADM to get a car right away than wonder how long it will take and that has to be in the minds of dealers.
RBK is dead on. Time is more valuable than money. If you’re specific about exactly what you want you might have to pony up. If your not overly specific there are msrp deals available, especially if you have the ability to negotiate well.
Old 10-31-2023, 06:35 PM
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cryptonic
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I wonder what ill effects a person would realize going without a Z06 for say another year.
Is anyone making a living with a Z06? Are there many of us certain to be dead in a years time?
Your first day, first week, first month,..... will be just as enjoyable as the guy who got his last year if you wait 6, 12, 18, 24, .... months. Won't make a damn bit of difference.
There is no harm in waiting especially when you have had as many Corvettes/Z06s as quite a few of us have.

Last edited by cryptonic; 10-31-2023 at 06:49 PM.
Old 10-31-2023, 09:08 PM
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JerriVette
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I’m enjoying my 2020 stingray z51 so I have no trouble waiting for a new z06.

when the salesman emails or calls to pick my options I’m ready.

I already know my color combo and options.

I believe with the current economic trends that 6 figure sports car line isn’t going to be quite as long as it was last year.

ADM is almost gone on Z06s and 10 percent interest rates on loans has stalled car sales big time.

I hear the fact the z07 carbon fiber wings and spats not being available has really turned off buyers. The demand for those wings and splitters is overwhelming suppliers.

I don’t like that stuff on my cars so who knows how lucky some of us might get.

I’m hearing a lot of z06 buyers in long long lines are all of a sudden getting the call from dealers to pick their options to order their cars to great surprise for those who have been waiting. AT MSRP.

Once the cars are selling at msrp all the multiple reservations by the flippers will disappear.

it’s taken a year or two longer than expected but ADM is dead. The introduction of the ten grand cheaper Eray also chopped up some frustrated z06 potential buyers who got tired of waiting and are realizing the Eray is an excellent choice as well.

none of us know really how the Eray compares to the z06. Might actually be a better corvette to own on the street…

it’s certainly quicker and more consistent and that’s from a standing start and a roll.

last but not least the dohc flat plane crank valve tick ticked off a lot of potential buyers on the lists .

Last edited by JerriVette; 10-31-2023 at 09:16 PM.
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Old 10-31-2023, 09:36 PM
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23/C8Z
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You trying to convince yourself? 🤣🤣🤣
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Old 10-31-2023, 10:37 PM
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Michael A
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Originally Posted by JerriVette
I’m enjoying my 2020 stingray z51 so I have no trouble waiting for a new z06.

when the salesman emails or calls to pick my options I’m ready.

I already know my color combo and options.

I believe with the current economic trends that 6 figure sports car line isn’t going to be quite as long as it was last year.

ADM is almost gone on Z06s and 10 percent interest rates on loans has stalled car sales big time.

I hear the fact the z07 carbon fiber wings and spats not being available has really turned off buyers. The demand for those wings and splitters is overwhelming suppliers.

I don’t like that stuff on my cars so who knows how lucky some of us might get.

I’m hearing a lot of z06 buyers in long long lines are all of a sudden getting the call from dealers to pick their options to order their cars to great surprise for those who have been waiting. AT MSRP.

Once the cars are selling at msrp all the multiple reservations by the flippers will disappear.

it’s taken a year or two longer than expected but ADM is dead. The introduction of the ten grand cheaper Eray also chopped up some frustrated z06 potential buyers who got tired of waiting and are realizing the Eray is an excellent choice as well.

none of us know really how the Eray compares to the z06. Might actually be a better corvette to own on the street…

it’s certainly quicker and more consistent and that’s from a standing start and a roll.

last but not least the dohc flat plane crank valve tick ticked off a lot of potential buyers on the lists .
I think this is quite accurate. At the sales rate at the beginning of Z06 sales, I thought it would take 4-5 years to whittle down the list to get a Z06 at MSRP. Based on how many people have dropped off my dealer list, it looks like I will be able to order one this year at MSRP! I think the $10K price hike for 2024, and the high interest rates have turned a lot of people away. It is getting too risky and not enough profit for many flippers. Also the market for $110K+ cars is pretty small.
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Old 10-31-2023, 11:26 PM
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Tristen1963
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Since the market has dried up as you guys say and mark ups are gone show me a black 2 lz or 3 lz non Z07 I can buy right now. I'd love to get it before the weekend.
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Old 11-01-2023, 12:25 AM
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Michael A
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Originally Posted by Tristen1963
Since the market has dried up as you guys say and mark ups are gone show me a black 2 lz or 3 lz non Z07 I can buy right now. I'd love to get it before the weekend.
I don't believe anyone said it has dried up. However, it is drying up. You still have to wait, but not nearly as long.
Old 11-01-2023, 01:00 AM
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Jridden
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I'm still waiting for one of the dealers at the 8 lists I'm on to call me...
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Old 11-02-2023, 05:36 PM
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The Z06 market is a little difficult to pin down right now. I had a dealer in TX offer me a 70th Z06 (non Z07) with carbon aero for 25k over sticker earlier this week. Had another reach out to me this morning with a used Z06 (1000 miles on it), non Z07, no aero, 3LZ and they were asking $199k . My local dealer has 3 z06's on the floor and every one of them is 100k over MSRP still.

I am going to be patient either way, but that is all over the map.
Old 11-02-2023, 06:09 PM
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chevyrules727
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Originally Posted by tehstoffa
The Z06 market is a little difficult to pin down right now. I had a dealer in TX offer me a 70th Z06 (non Z07) with carbon aero for 25k over sticker earlier this week. Had another reach out to me this morning with a used Z06 (1000 miles on it), non Z07, no aero, 3LZ and they were asking $199k . My local dealer has 3 z06's on the floor and every one of them is 100k over MSRP still.

I am going to be patient either way, but that is all over the map.
I would definitely say it's a combination of area and people living in lala land.

I see you're in the Vegas area. Just need to get some rich guy to come in drunk and plop that $100K over..... A lot of money in Vegas.

But it can also be a case of a dealer who doesn't do Corvette's if at all, doesn't understand/follow the market for them and prices them for what he has heard they were going for earlier this year or has zero understanding what spec it needs to be to command that price.
Old 11-02-2023, 06:28 PM
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Local has a Carbon aero car with an MSRP of 155,xxx. Dealership wants 100k mark up.
Old 11-02-2023, 06:46 PM
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Originally Posted by 19/C7Z
You trying to convince yourself? 🤣🤣🤣
The guy you are questioning is spot on. It would appear that it is you who now struggles to hold on to your ADM forever scenario that is rapidly falling apart for all the reasons that Jerri mentioned.
Old 11-02-2023, 10:52 PM
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Originally Posted by ChumpVette
Local has a Carbon aero car with an MSRP of 155,xxx. Dealership wants 100k mark up.
it don’t hurt to want does it?
Old 11-02-2023, 10:55 PM
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Originally Posted by Tristen1963
Since the market has dried up as you guys say and mark ups are gone show me a black 2 lz or 3 lz non Z07 I can buy right now. I'd love to get it before the weekend.

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Old 11-03-2023, 09:46 AM
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Local dealer is still at $60k ADM.... I laughed and told him they are $^&# crazy and good luck
Old 11-03-2023, 12:16 PM
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RBK
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Originally Posted by cryptonic
I wonder what ill effects a person would realize going without a Z06 for say another year.
Is anyone making a living with a Z06? Are there many of us certain to be dead in a years time?
Your first day, first week, first month,..... will be just as enjoyable as the guy who got his last year if you wait 6, 12, 18, 24, .... months. Won't make a damn bit of difference.
There is no harm in waiting especially when you have had as many Corvettes/Z06s as quite a few of us have.
Human nature is impatient. If you can get something sooner you will. When dropping ADM's down to (say) $15,000 or so, you open an entirely different market than the $50-100,000 group.
How many things have you bought that you "wanted" but really did not "need". Take a walk around your house and start counting.
Old 11-04-2023, 10:04 AM
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cryptonic
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Originally Posted by RBK
Human nature is impatient. If you can get something sooner you will. When dropping ADM's down to (say) $15,000 or so, you open an entirely different market than the $50-100,000 group.
How many things have you bought that you "wanted" but really did not "need". Take a walk around your house and start counting.
Our homes are literally filled with stuff that we do not need and we paid no premium for any of it. The only things that I can think of that we paid full retail on are the LV and Hermes products we have.


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