In this video by YouTuber Speed Phenom, Austin Everett the C8 Corvette mark ups will continue on the 2023 C8 Corvette Z06, however how high are people on these “lists” able to spend or want to spend on the new Corvette C8 Z06 will be the question.
You will notice Speed Phenom, Austin Everett go to at least 5 Chevrolet dealers in the Los Angeles area. And not only do a few have 100s on their C8 Corvette Z06 list most have already said they will be adding a $20k – $30k mark up on the C8 Corvette Z06 that comes out in 2023 as well.
The funny part of this video is some of these same Chevy dealers in California he visited had 1LT C8 Corvettes marked up $50k plus still.
This C8 Corvette market is hot, the chip shortages, lockdowns, and UAW strike didn’t help and now it doesn’t look like its going to cool off anytime soon.
I know people already selling or trying to sell their 2020, 2021 C8 Corvettes in anticipation for the C8 Z06 that is coming however you might not be able to get one for a long time like the C8 Corvette base model Stingray so maybe its worth keeping it and trading it in or selling once you actually secure a C8 Corvette Z06 in hand because this market isn’t slowing down anytime soon and there are more mark ups to come.
The real question is how high is someone willing to spend in getting a C8 Corvette Z06? Say it starts a $90k base and marked up another $20k before options and options put you over $120k depending on the 4 possible C8 Corvette Z06 variants and we are just using a base C8 Z06 as an example will people go up to $120k for the C8 Z06? Only time will tell.
Eventually as the C8 Corvette gets closer to McLaren and Lamborghini prices and with the electric vehicle market ramping up now that the Tesla Plaid is the king of the road performance wise at the 130k range what’s going to be the number people drop off lists, can’t afford the C8 Z06 or start to question whether they should get a C8 Z06 vs some of the other cars that end up being in the same price range?
Here’s the video from Speed Phenom to see what happened when he went to Chevy stores in his area to find out more information about the 2023 C8 Corvette Z06.