2023 Corvette Z06 Convertible Fetches $142K, Reflecting Shifts in C8 Corvette Market Trends

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The 2023 Chevrolet Corvette Z06 Convertible, a high performance dream machine, recently sold at auction for a surprising $142,200, falling short of its original $158,320 MSRP. This particular model, equipped with the 3LZ Equipment Group, Z07 Performance Package, Carbon Fiber Aero Package, and Jake C8.R Graphics Package, is a testament to the shifting market dynamics for slightly used flagship C8 Corvettes.

Over the past year, the market for these coveted vehicles has undergone a significant transformation. Initially, “flippers” attempted to capitalize on the high demand, but as enthusiasm waned, many cars failed to meet their reserve prices at auction. This trend accelerated with the first C8 Z06 Corvette selling below MSRP, opening the floodgates for more affordable deals.

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2023 Corvette Z06 Convertible Fetches $142K, Reflecting Shifts in C8 Corvette Market Trends (Bring a Trailer)

The $142,000 price tag for this well optioned Z06 Convertible, with its 1,000 miles on the odometer, would have been unimaginable just a year ago. This particular Z06 boasts a striking Red Mist Metallic Tintcoat exterior adorned with Jake graphics, complemented by a carbon fiber high rear wing, ground effects, and front dive planes.

The 20-inch and 21-inch alloy wheels wrapped in Michelin Pilot Sport Cup 2R tires further enhance its aggressive stance. Inside, the cabin is equipped with advanced safety features like rear cross-traffic alert, blind-spot monitoring, and front and rear cameras. The Z07 suspension and front-axle lift system provide optimal performance and practicality.

As the highly anticipated ZR1 model begins to flood the market in early 2025, it’s likely that prices for the Z06 will continue to soften, making these incredible machines even more accessible to enthusiasts. The 2024 Corvette Z06 is a technological marvel, boasting a luxurious interior with Natural leather GT2 bucket seats, a premium 14-speaker Bose sound system, and a Stealth interior trim package.

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2023 Corvette Z06 Convertible Fetches $142K, Reflecting Shifts in C8 Corvette Market Trends (Bring a Trailer)

The cabin is further enhanced by dual-zone automatic climate control, a head-up display, a state of the art navigation system, cruise control, and a heated, carbon fiber and leather-trimmed steering wheel.

Powering this beast is GM’s exceptional 5.5-liter LT6 V8 engine, delivering an astonishing 670 horsepower and 460 lb-ft of torque. Mated to a Tremec TR-9080 eight speed dual clutch automatic transmission, this powerhouse propels the Z06 from 0 to 60 mph in a mere 2.6 seconds and through the quarter mile in an impressive 10.6 seconds.

Dana Phio

By Dana Phio

From the sound of engines to the spin of wheels, I love the excitement of driving. I really enjoy cars and bikes, and I'm here to share that passion. Daxstreet helps me keep going, connecting me with people who feel the same way. It's like finding friends for life.

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