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View Full Version : Since the last post got thoroughly whored... ZR1 - $413000


theallpowerful
06-25-2008, 08:02 AM
What do you do if you are a GM dealer and hurting for money because you can't give your worthless vehicles away? Well, you dig into the pockets of your best customers and GM aficianados, thats what.

The 2009 Corvette ZR1, GM's new mega-powered super car, will reportedly only be offered to the top 338 Chevy dealers nationwide. That effectively shuts out the other 3,594 from the chance of offering one to enthusiastic fans of the bowtied brand. We guess that explains the four-times-the-price gouging we're hearing about from potential customers. That's right, although the 638 HP 2009 ZR1 gets a price tag of $103,300 ($105,000 with the $1,700 gas guzzler tax) and Corvette engineers asking dealers to respect the MSRP, we've received at least one report from a reader of being told that despite his down payment 2 1/2 years ago, he'd have to put up between two and four times the MSRP to get one in his garage. If that number is accurate, the street price will be somewhere between $206,600 and $413,200 for Zee Really fast One. Full report from our tipster looking for recourse from someone — anyone — after the jump.

"I put a deposit down for the 2009 ZR1 about 2 1/2 years ago at "my" chevy dealer from whom I have bought many GM cars, including trucks, vettes. I have probably bought 15+ GM vehicles over the years. I was told 2 1/2 years ago that the price for this "iffy" car would be around the same ratio as the 5K overcharge I paid for my 2006 Z06.
I was called to order my ZR1 yesterday since I was #1 on the allocation list of this dealer's 4 allocations. I was told that by the way the price would be between 2-4 times the MSRP. Tadge Juechter, the Chief of Corvette Engineering, has urged GM ZR1 dealers to respect the MSRP. I am very upset with the greed and disregard for customer loyalty in a down economy. Is there any recourse?"

We wish there were — although we'll be forwarding on your complaint to the good folks at Chevy to ask them their thoughts. At the very least it definitely shows a demand for the highest priced car in the General's storied history, doesn't it? (Hat tip to Roger!) [via Automotive News (sub. req.)]
[jalopnik] (http://jalopnik.com/396780/dealer-gouging-reportedly-sends-2009-corvette-zr1-to-amazingly-insane-price-of-413000)

Way to go GM! :rolleyes:

Bob-E
06-25-2008, 09:02 AM
if it sells for that, good for them. profits are good mmkay

theallpowerful
06-25-2008, 09:06 AM
if it sells for that, good for them. profits are good mmkay

agreed, if some nutswinger wants to buy a zr1 for that then that is wonderful. I mean, the gm dealers have to make money somewhere.

Slovette
06-25-2008, 02:18 PM
I agree but you calling a Zr1 a worthless car makes me laugh!!

SupaRice
06-25-2008, 03:04 PM
Ummm $200K gets you a very nice Ferrari.

96mysticcobra
06-25-2008, 04:05 PM
Hell 200k gets you a very nice european car period. Be it a ferrarri, lambo, Aston Martin, etc...

2burnouts
06-25-2008, 06:02 PM
3 Z06s

66sprint6
06-25-2008, 06:58 PM
Shoot, $200K gets me a nice mustang and $185,000-$190K to live off for rest of my life LOL
Matt

Bob-E
06-25-2008, 07:00 PM
Well, math wizards, if it sells for 400k, what does that get ya?

BTW my Subie is for sale for 96 thousand dollars.

theallpowerful
06-25-2008, 07:10 PM
I agree but you calling a Zr1 a worthless car makes me laugh!!

lol, not calling a zr1 worthless! just saying it isnt worth 400k, hell its not worth 100k imo :) . The worthless comment was about the cars that you usually see filling GM lots. You know, the ones they arent selling?

Lowerd1
06-25-2008, 07:31 PM
You mean the car of the year Malibu?

I can't see paying anywhere near $413K for a ZR1. I will say that $100K for a ZR1 is a great price. Ferrari charges $20K just for the brakes on a ZR1. On my salary its just stupid to even think about a ZR1, but on Puff Daddys Salary $100K for a car like that is a great deal.

Mathman222
06-27-2008, 04:53 PM
Supply and demand still works, unfortunately, since there ARE morons willing to pay $413,000 for a ZR1 (just like there are morons to willing to shell out millions for collector cars at auctions) the cars will likely be sold at these huge amounts.

Simple fact is that these cars are not just expensive, they are targeting the elite....you will likely have to know someone to get your hands on one at first (just like many special Euro cars)

As rediculous as it is, GM has just targeted a much higher income bracket than expected.

Roger

jdmpwr07
06-30-2008, 11:09 AM
Markup FTL...just buy a Z06 and mod it. That way you can buy a house and garage your Z06 :lol:

Jarez Mifkin
07-01-2008, 02:30 PM
a ZR1 is worthless at $400k! at $100k it's a deal though! Its MSRP should've been $200k right out of the box.

theallpowerful
07-01-2008, 03:02 PM
You mean the car of the year Malibu?




Last I checked, the Malibu is hands-down the best selling car GM has... so it wouldnt exactly be "filling the lots" would it? ;)