Market Shift: Corvette Z06 Prices Plummet Below MSRP

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Corvette Z06 Prices Plummet Below MSRP
Corvette Z06 Prices Plummet Below MSRP

A significant market shift is unfolding before our eyes as price bubbles burst in real time, occurring almost daily. Just months ago, a C8 Z06 fetched $192,000 at auction, $25,000 over MSRP. Yet, in a short span, the same model now sells for roughly $8,000 under MSRP. This rapid fluctuation reflects a collective push for change, with private sellers more willing to negotiate compared to dealerships.

This shift marks a milestone, potentially the first-ever used 2023 Corvette Z06 sold below its MSRP. Despite the modest $8,000 discount, this represents a departure from previous auction trends. The particular Z06 model, a Convertible 3LZ variant, originally sold for $161,895. Recently, with just 1,000 miles on the odometer, it changed hands for $154,000.

Corvette Z06 Prices Plummet Below MSRP
Corvette Z06 Prices Plummet Below MSRP (Credit: Bring a Trailer)

Featuring a striking Ceramic Matrix Gray Metallic exterior with Carbon Flash Metallic racing stripes, this Z06 boasts premium features. From LED headlights to carbon fiber wheels and a front-axle lift system, every detail speaks to its performance pedigree. Inside, power-adjustable GT2 bucket seats, carbon fiber trim, and a premium Bose sound system raise the driving experience.

Under the hood lies a formidable 5.5-liter flat-plane LT6 V8 engine, producing 670 horsepower and 460 lb-ft of torque. Paired with a Tremec TR-9080 eight-speed dual-clutch transmission, this powerhouse propels the Z06 from 0 to 60 mph in a blistering 3.5 seconds, making it a true supercar.

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By Jayson O'Neil

Jayson is a car-o-holic, and you will often find him writing about cars & bikes here at DaxStreet. You can reach out to him at [email protected]

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