2020 Chevrolet Corvette C8

2023 Chevrolet Corvette Z06 Starts at $106,395

For roughly $42,000 more than a base Corvette, you get a flat-crank 5.5-liter V8 making 670 hp — the most powerful N/A production engine ever.

The Corvette has always been a bit of a performance car bargain compared to the competition, and that includes the Z06. Now, according to GM Authority, prices for the 2023 Corvette Z06 have leaked, and that trend certainly continues. On top of that we now know order books will open on July 28, 2022.

The price of entry into Z06 lands starts at $106,395 for the bottom-level 1LZ trim. That number also includes destination. Step up to the 2LZ trim and you’re looking at $115,595. At the top of the range is the 3LZ trim. That comes in at $120,245.

Happily, there’s also a convertible option, like past Z06s. You, dear customer, will pay $113,895 for the 1LZ, $122,595 for the 2LZ and $127,245 for the 3LZ trim. That’s a fairly healthy bump of between $7,000 and $7,500 (depending on trim) over the non-convertible Z06, but it’s not too dear.

 
Sales Stats Show Just How Rare Your Corvette Isn't

Nearly 26,000 Corvettes were sold for the 2022 model year, but only 27 of them are actually rare.

Ask any Corvette owner about their car, and they’ll undoubtedly bring up how rare it is. It’s all a bit of a drag. Yes Marty, I know your C5 is the only red convertible with chrome wheels made on a Tuesday in March in 2001. It’s one of one, and very impressive.

But now, the Corvette Museum has released statistics on builds for the 2022 Corvette, so we can all shove it in ‘Vette owners’ faces that their car really isn’t rare at all. According to the organization, Chevy produced 25,831 Corvettes for the 2022 model year. Of those cars, 52.1 percent were coupes and 47.9 percent were convertibles. I’m surprised the splits were so close given the price bump of the convertible as well as the fact that the coupe has a removable targa top. But hey, who am I to judge?

 
GM Will Cancel Your Warranty if You Buy Your Z06 From a Flipper (Update)

A letter from GM warns dealers that certain warranties won't be transferred on Escalade-V, Hummer, and Corvette Z06 models flipped within the first 12 months.

Automakers are trying everything they can to combat rampant flipping and reselling of high-demand models. Now, General Motors is taking the fight to those who decide to buy their popular car from a flipper. In a letter sent to dealers signed by Steve Carlisle, president of GM North America, the automaker says “certain warranties will not be transferrable” on Corvette Z06, Escalade-V, or GMC Hummer EV models that are re-sold less than one year after original sale.

The letter was first spotted on social media (thanks, Zerin!). Jalopnik contacted a General Motors spokesperson, who provided the full text of the letter (which you can read below) and confirmed that the letter was sent to U.S. dealers.

The long and short of it is this: GM is “limiting the transferability of certain warranties” on those three models “if the vehicle is resold within the first 12 months of ownership.” The automaker says it’s pursuing this action because “when vehicles are quickly resold, particularly by unauthorized dealers or other resellers that do not adhere to GM’s standards, the customer experience suffers and GM’s brands are damaged.” The letter also points out that “these changes will not impact product recalls in any way,” and says the action will “help prioritize ownership by brand enthusiasts and loyal customers.”

A GM spokesperson gave the following details to Jalopnik:

For Corvette Z06 and Escalade-V, if ownership of the vehicle is transferred from the original owner within the first 12 months of delivery, the Bumper-to-Bumper, Powertrain, Sheet Metal, Tire and Accessory coverages will be voided.

 
First electric Corvette is coming in 2025 and it’s not what you think

The world is already upset about the all-electric Dodge Charger and now the Chevy fans are getting a hard pill to swallow. The disdain for electric drive among the Corvette fans is so strong that when one of the hybrid Corvettes caught fire last week, the forums broke out in spontaneous celebrations.

The rumors floating around talk about the electric Corvette becoming an SUV to square off against the Mustang Mach-E. Some talk about the Chevrolet Camaro turning into an electric 4-door sedan. Let’s have a closer look.

First of all we are getting no electric Vette C8. There will be hybrid models for sure and at least two different models with Chevrolet securing E-Ray and Zora nameplates for the upcoming cars. The all electric Corvette is coming though, and it starts looking like the C9 is the one to make the swap from combustion to electricity.

The rumor of electric Camaro is actually the giveaway for the next electric Corvette - while the world was getting excited about the idea of high performance sedan wearing the Camaro name, Chevrolet confirmed that it has no plans for electric Camaro. But the plans for a performance 4-door electric sedan are on the table.

 
The Internet Roasts Chevrolet Dealers for Corvette Z06 Allocation Auctions and Absurd Markups

One dealer group is auctioning off its Corvette Z06 allocations with little consequence. Another dealer was backed into a wall, sorta.

Dealer markups continue to run rampant. While some dealers are still raking in the cash with those hefty price markups, the internet and general population have managed to step in and back dealers against the wall, forcing them to price things more fairly. It happened to one dealer, that decided to capitalize on its Corvette Zo6 allotments by auctioning off a slot to own one. And the internet rightfully turned on that dealer and stopped the nonsense in its tracks.

Road & Track reports that a few Chevy dealers were taking part in the practice of auctioning off Corvette Z06 allocations to the highest bidder. The latest markup scam-like action was first noticed on the Corvette Forums. In a thread posted by user ElFingers, the commenter shares they were recently contacted by the local dealer they had a Z06 deposit with. The call was to inform him that dealer only had one Z06 allocation, and they were going to auction it off.

ElFingers says there were no further details about the auction at the time of the call — the manager said he was waiting on more information from the dealer owner. But, what they did know was that they were expecting someone to drop $75,000 over sticker for the chance to be the first to own a Z06 in addition to the auction. From the forum.

 
Callaway’s supercharging the C8 Corvette...

Because a 500bhp mid-engined V8 sports car really was a bit wet, wasn’t it?

Perhaps they’re just being polite.

The bods at Callaway say the C8 Corvette and its LT2 engine have ‘already-outstanding performance’, right after mentioning that they’ve supercharged it.

Then again, when you consider the length and breadth of Callaway’s success, there’s actually a noticeable lack of braggadocio and big noting. And besides, a few nice words are hardly enough to maintain a 35-year partnership with the makers of America’s original home-grown sports car.

But if the team at Callaway is polite... yeah, you see where this is going. After all, the Corvette-based Callaway Sledgehammer hit 255mph – in 1988. For context, the McLaren F1’s XP5 prototype (i.e. the fastest recorded McF1) topped out at 240mph, and the ‘all-conquering’ Bugatti Veyron pulled up just shy of 254mph.

So even though the new supercharger setup “will undergo final engineering, emissions compliance testing and performance validation in the upcoming months”, and as such has no official figures attached, we’re pretty sure it won’t exactly be a wallflower. And especially not when it’s attached to Chevrolet’s LT2 V8.

In case you’re not familiar with Chevrolet’s engine nomenclature beyond the LS, the LT name has been around a few times, but for the new engine, it refers to the new generation of Chevy small-block V8 – Gen V, in case you were curious. There’s variable valve timing, higher compression, direct injection and a few other goodies that the LS did without.


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Chevrolet Corvette Z06 first drive

The Z06 is also a performance bargain compared with the wider American market, although it is certain that dealers will be screwing substantial ‘market adjustment’ hikes onto the official list price. The most basic version starts at $109,295 before taxes in the US, barely more than an entry-level Porsche 911, and even putting a full set of dynamic options onto the most expensive 3LZ Convertible won’t take it past $150,000. For perspective, that’s $75,000 less than the starting price for the new Porsche 911 GT3 RS.

Sadly, despite the precedent set by the right-hand-drive basic Corvette, there are no plans to brings the Z06 to Europe.

 
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