The State Of The Market: First-Year C8 Corvette Z06 Values Presented By CorvSport

How the remarkable eighth-generation Z06 elevated the Corvette brand is undeniable, highlighted by GM’s first flat-plane-crank V8. Most enthusiasts have the numbers imprinted in their brains by now, and in light of the C8 ZR1’s 1,064 horses, it’s easy for us to forget what the C8 Z06’s high-revving 670 horsepower LT6 did for the iconic Z06 variant. It literally catapulted the Z06 into supercar territory, performance-wise, while the price stayed within reach of most enthusiasts. Well, until the dealer markups entered the picture, but we’ll save that grievance for later. [Author’s Note: This article is FREE and not behind a paywall. If/when any popups occur, please click to make them disappear and continue enjoying the article. One requires two steps–first, the arrow on the left, then the x on the top right.]

For this market analysis, we will examine 2023 Z06s only, as we wanted “aged” units that have the longest time in the market. Our methodology for the 2023 Z06 market values is straightforward. We believe “comps” (i.e., previous sales) are the best measure of market value at any given time, so we will use the top auction platforms—Mecum and Bring a Trailer — to gather our market snapshots. If you’re interested in 70th Anniversary C8 Z06 values, check out our exclusive Anniversary Edition market report here.

What’s Inside This “State of the Market” Edition:

1. Starting Point: Some Sample Monroney Labels
2. The Wholesale Market: Recent Dealer-to-Dealer Transactions
3. Lowest Sales Prices
4. Highest Sales Prices
5. Sales Snapshot From Bring a Trailer
6. Sales Snapshot From Mecum
7. 2023 Corvette Z06 Market Trend Summary

Now, without further ado…

State of the Market: 2023 Corvette Z06 Values

1) Starting Point: Some Sample Monroney Labels

• 2023 Standard Vehicle Price, 1LZ Coupe: $105,000
• Notable Option: Carbon Ceramic Brakes, $8,495
• Total Vehicle Price: $128,250

• 2023 Standard Vehicle Price, 3LZ Coupe: $118,850
• Notable Option: Z06 Ultimate Performance Package, $8,995
• Total Vehicle Price: $149,105

• 2023 Standard Vehicle Price, 3LZ Convertible: $125,850
• Notable Option: Carbon Fiber Aero-Visible, $10,495
• Total Vehicle Price: $163,770

2) The Wholesale Market: Recent Dealer-to-Dealer Transactions

As a retired owner/operator of a used car dealership, I have access to wholesale data from the largest dealer-only auction in the country. These are actual dealer-to-dealer transactions and not retail or end-consumer sales. If you want to stay in touch with the Corvette wholesale market and view dealer-to-dealer transactions on a bi-monthly basis, check out our exclusive reports here.