Z06 Pricing Speculation

netsinah said:
Here's my "guesstimate" for the 2023 C8 Z06 pricing and keep in mind these are just some fun thoughts, based upon the 2022 C8 Stingray (SR) various pricing levels.

Starting with the 2022 SR existing prices and using round numbers in some cases:


I. 2022 SR Coupe (existing pricing)

1LT: US$62,195; Can$71,000 (+14.16% increase from US pricing)

2LT: US$69,500; Can$81,000 (+16.55%)

3LT: US$74,145; Can$87,000 (+17.34%)

II. 2022 SR Convertible (existing pricing)

1LT: US$70,800; Can$80,000 (+13%)

2LT: US$76,500; Can$90,000 (+17.65%)

3LT: US$81,145; Can$96,000 (+18.31%)



Now guesstimating the 2023 Z06 prices, using as a starting point US$90,000.00 for the base (1LZ trim) Z06 Coupe:

I. 2023 Z06 Coupe (guesstimate pricing)

1LZ: US$90,000; Can$103,500 (+15%)

2LZ: US$98,000; Can$114,660 (+17%)

3LZ: US$105,000; Can$123,900 (+18%)

II. 2023 Z06 Convertible (guesstimate pricing)

1LZ: US$99,000; Can$115,830 (+17%)

2LZ: US$106,000; Can$125,080 (+18%)

3LZ: US$113,000; Can$134,470 (+19%)

III. 2023 Z06 *Z07* package (guesstimate pricing)

With standard ceramic brakes (US$8,000; Can$9,500 estimate) and aero accessories (US$6,000; Can$7,000 estimate), etc.: total of US$15,000; Can$18,000 estimate (note: the 2022 Z51 SR package costs US$6,345/Can$7,500; which works out to a +18.2% increase from the US pricing)



So for a 2023 Z06 with the 3LZ trim and the Z07 package: I'm guesstimating US$120,000/Can$141,900 for the Coupe and US$128,000/Can$149,470 for the Convertible.

Then add to all of that the plethora of other choices/options you have. The most expensive should be the carbon fiber (CF) rims available only if you order the Z07 package. I guesstimate a set of those rims will cost US$10,000/Can$12,000. If you go crazy and choose those rims with the Z07 package then add the interior CF level 2 and the exterior visible CF options for the mirror, high-wing spoiler and ground effects, you could easily be looking at another (??) US$15,000/Can$17,500 for the CF rims and other CF goodies, which would bring the price up to around US$135,000/Can$160,000 for a fairly loaded Coupe and US$143,000/Can$167,500 for a fairly loaded Convertible.

All fun at this stage to speculate, but I doubt a fully loaded Z06 will be Can$200,000; it's just too high a level for a Corvette and would likely cause a backlash amongst the "Canadian Corvette crowd". I'm anxiously looking forward to actual prices and when that's available, it'll be interesting to revisit this thread and these guesstimates. I'm ++ hoping my guesstimates are all way too high. Time will tell.
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I agree with you guesstimate numbers, now we just have to wait until 1st week of April for Canadian prices as they are always late compared to USA prices
 
I think your close . But will have to see .
I just hope they get there production levels up .
If they don’t !!!!
Having worked for years in the manufacturing , production quotas and production levels kinda have to match . Profits are based on them .
When they don’t . Well you see what’s happening in the automotive market. Someone has to pay .
 
Vettman said:
I think your close . But will have to see .
I just hope they get there production levels up .
If they don’t !!!!
Having worked for years in the manufacturing , production quotas and production levels kinda have to match . Profits are based on them .
When they don’t . Well you see what’s happening in the automotive market. Someone has to pay .
Click to expand...

Thanks to all who responded. I increased the US/Can price differences somewhat to take into account the possibility of increased pricing in the Canadian market and what appeared to be a "trend" with the 2022 SR pricing, for the percentage to increase at the more expensive levels. However I've continued to "bank" (pardon the pun) on GM's habit to reasonably price their Corvettes, especially in the first new model year.

Having said that, I'm about $20,000 short in my "piggy-bank" to outright purchase a fairly loaded 3LZ Convertible with the Z07 package and CF goodies, if my predictions hold true. Of course, it helped to recently sell my 2020 C8 SR for what I paid for it (accessories and gst included) and that's the first time I've ever sold a used (13 months and about 12,500 km) vehicle and not lost a dime. So I'll continue to save for the Z06 in the meantime and hope to have sufficient funds when needed. Again, here's hoping at least the more expensive accessories will cost less than my guesstimates. Good luck to all!
 
CamsC8 said:
I'm selling my 21 C8 HTC next month so I'll be a good test of the market as well being a 1LT. Truth be told regretting that option choice right now...lol
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You may be pleasantly surprised. The 1LT will lower your asking price and that in and of itself, will attract some buyers. Make sure you emphasize the word "convertible" in any listing. I referred to mine as a "HTC" and had one potential buyer totally miss the significance of that and thought my asking price high...only to come back later and say he better understood the price once he realized it was a convertible (lol). Next month may be a good time to sell: they continue to pump out 2022 SR's and there will be more like you and me to sell ours for the Z06, which is why I sold mine early w/o waiting for the Spring. Good luck with your sale and I look forward to seeing pics of your Z06 on the Forums.
 
CamsC8 said:
I'm selling my 21 C8 HTC next month so I'll be a good test of the market as well being a 1LT. Truth be told regretting that option choice right now...lol
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you should really wait until May to get the most money, also 1LT was a poor choice but ether way you will get all your money back and then some.
 
netsinah said:
Thanks to all who responded. I increased the US/Can price differences somewhat to take into account the possibility of increased pricing in the Canadian market and what appeared to be a "trend" with the 2022 SR pricing, for the percentage to increase at the more expensive levels. However I've continued to "bank" (pardon the pun) on GM's habit to reasonably price their Corvettes, especially in the first new model year.

Having said that, I'm about $20,000 short in my "piggy-bank" to outright purchase a fairly loaded 3LZ Convertible with the Z07 package and CF goodies, if my predictions hold true. Of course, it helped to recently sell my 2020 C8 SR for what I paid for it (accessories and gst included) and that's the first time I've ever sold a used (13 months and about 12,500 km) vehicle and not lost a dime. So I'll continue to save for the Z06 in the meantime and hope to have sufficient funds when needed. Again, here's hoping at least the more expensive accessories will cost less than my guesstimates. Good luck to all!
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I am going for a 2lz HTC, and will be trading/selling my 2021 2lt HCT + 2013 Chrysler 200 Convertible with only 50k KM on it to offset the cost of the upgrade.
 
Denis said:
you should really wait until May to get the most money, also 1LT was a poor choice but ether way you will get all your money back and then some.
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Yeah I hear you as I did have a 2LT coupe but thought I could live without the 2LT options...whoops. And now having done the Ron Fellows driving school its a must to get the Z51 package for me anyway. Next one will be a HTC and 2LT as a minimum.
 
netsinah said:
Here's my "guesstimate" for the 2023 C8 Z06 pricing and keep in mind these are just some fun thoughts, based upon the 2022 C8 Stingray (SR) various pricing levels.

Starting with the 2022 SR existing prices and using round numbers in some cases:


I. 2022 SR Coupe (existing pricing)

1LT: US$62,195; Can$71,000 (+14.16% increase from US pricing)

2LT: US$69,500; Can$81,000 (+16.55%)

3LT: US$74,145; Can$87,000 (+17.34%)

II. 2022 SR Convertible (existing pricing)

1LT: US$70,800; Can$80,000 (+13%)

2LT: US$76,500; Can$90,000 (+17.65%)

3LT: US$81,145; Can$96,000 (+18.31%)



Now guesstimating the 2023 Z06 prices, using as a starting point US$90,000.00 for the base (1LZ trim) Z06 Coupe:

I. 2023 Z06 Coupe (guesstimate pricing)

1LZ: US$90,000; Can$103,500 (+15%)

2LZ: US$98,000; Can$114,660 (+17%)

3LZ: US$105,000; Can$123,900 (+18%)

II. 2023 Z06 Convertible (guesstimate pricing)

1LZ: US$99,000; Can$115,830 (+17%)

2LZ: US$106,000; Can$125,080 (+18%)

3LZ: US$113,000; Can$134,470 (+19%)

III. 2023 Z06 *Z07* package (guesstimate pricing)

With standard ceramic brakes (US$8,000; Can$9,500 estimate) and aero accessories (US$6,000; Can$7,000 estimate), etc.: total of US$15,000; Can$18,000 estimate (note: the 2022 Z51 SR package costs US$6,345/Can$7,500; which works out to a +18.2% increase from the US pricing)



So for a 2023 Z06 with the 3LZ trim and the Z07 package: I'm guesstimating US$120,000/Can$141,900 for the Coupe and US$128,000/Can$149,470 for the Convertible.

Then add to all of that the plethora of other choices/options you have. The most expensive should be the carbon fiber (CF) rims available only if you order the Z07 package. I guesstimate a set of those rims will cost US$10,000/Can$12,000. If you go crazy and choose those rims with the Z07 package then add the interior CF level 2 and the exterior visible CF options for the mirror, high-wing spoiler and ground effects, you could easily be looking at another (??) US$15,000/Can$17,500 for the CF rims and other CF goodies, which would bring the price up to around US$135,000/Can$160,000 for a fairly loaded Coupe and US$143,000/Can$167,500 for a fairly loaded Convertible.

All fun at this stage to speculate, but I doubt a fully loaded Z06 will be Can$200,000; it's just too high a level for a Corvette and would likely cause a backlash amongst the "Canadian Corvette crowd". I'm anxiously looking forward to actual prices and when that's available, it'll be interesting to revisit this thread and these guesstimates. I'm ++ hoping my guesstimates are all way too high. Time will tell.
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I think you'll be pretty close with your pricing. Thank for sharing.
 
I better start saving my Pennies but this car will be worth every cent, 2022 HTC 2LT will be for sale this summer lol

2023 Z06/Z07 3LZ Coupe with CF wheel

Your pricing seems plausible but GM has a home run with this car and the market can absorb higher m s r p then that
 
Denis said:
Canadian luxury car tax is delayed until sept 1, 2022
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Good find...now if only I can have a ZO6 parked in my garage before that September 1/22 date...OR (better yet) implementation of this new tax gets further delayed or it never happens...

Here's the March 11/22 Government of Canada News Release describing both the tax, some possible changes to it, and expected September 1st date:

Government releases draft legislative proposals to implement Luxury Tax - Canada.ca

In Budget 2021, the government proposed the introduction of a tax on the sale of new luxury cars and aircraft with a retail sale price over $100,000, and new boats over $250,000. The tax would be calculated at the lesser of 20 per cent of the value above these price thresholds or 10 per cent of...
www.canada.ca www.canada.ca
 
Just what our economy needs .... high inflation, higher interest rates and more taxes. A perfect recipe for people to spend more .... ooops, they won't have more to spend. Sorry for the deviation from the original post.
 
Done as well.
You should read the actual proposal to see just how dim witted the bureaucrats are though.
Can you even put your head around them taxing a vehicle that is modified for disability use?
And an airplane under $100K. Obviously want to eliminate the engine and put in bike pedals to turn the prop.
Might be a good idea though as then you wouldn't get the carbon tax! ROFL And much more environmental friendly. More ROFL (as an aside I did recommend put pedals on the passenger side as a winter project. You know, more fuel economy and it keeps the passenger in shape )
A reasonable pickup will soon be over $100K as well
Dinks are just encouraging the underground economy. But, like I said, they are too dim witted to see that.
 
LE BARON said:
Done as well.
You should read the actual proposal to see just how dim witted the bureaucrats are though.
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I don't need to read it to know that politicians are dim witted! ;)
What I don't understand is why a $249,000 boat is not a luxury, but a $100,000 car is?
 

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