Buy A Z06, Get $5,000

Chevrolet is offering an interesting incentive to buyers of its upcoming Corvette Z06 sports car. The Corvette Z06 is one of the most-anticipated new cars coming out this year. The new top of the line Corvette starts at $106,395, while the convertible is listed at $113,895, and that's just the start. A fully-loaded example will run close to $160,000. That's more than twice what an entry level Corvette Stingray goes for, and with good reason

. The Z06 swaps the Stingray's 495-horsepower pushrod 6.2-liter V8 for a 670-horsepower 5.5-liter V8 with overhead cams and an exotic flat-plane crankshaft design that's related to the one used in the Corvette endurance racing cars.

The statistics also show the most popular performance package was the Z51, which was put on 68.6 percent of all produced cars. Of all 25,831 cars, just 442 were right-hand drive 2022 Corvettes - 212 of those were delivered to customers in Australia and New Zealand. Chevrolet also produced 693 cars for Europe.

It also gets a laundry list of suspension, brake and aerodynamic improvements to go with it, and promises exotic-car rivaling performance. Despite its high price, its also in high demand and dealers have already been listing them with markups as high as $100,000.

Chevrolet isn't thrilled with that look and would also prefer speculators don't try to flip their cars for ridiculous prices immediately after purchasing them. There isn't much it can do about that, as GM has learned with the $112,595 GMC Hummer EV pickup, several of which have been resold for over $250,000, but it appears to have come up with a new idea that might make a small difference. The Corvette Blogger website has posted a letter sent to Z06 reservation holders that details a promotion they are eligible for. Customers who sign up for the My Chevrolet Rewards program will get 500,000 free points, but only if they keep their cars for 12 months.

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Source: Gary Gastelu - FOX Business

Posted 7/29/22