We’re celebrating the big 3-0 today! Yes, that’s right–CorvSport has been providing our exclusive dealer-to-dealer wholesale auction reports, 30 now, to enthusiasts like you since February 2024, and we have our full archives below today’s report if you want to check out wholesale market trends! [Author’s Note: This wholesale market report is FREE and not behind a paywall. Yes, FREE! If/when any pop-ups occur, please click to make them disappear and continue enjoying the report. One may require two steps–first, the arrow on the left, then the x on the top right.]
Today’s report is dedicated solely to the almighty Z06, and this isn’t the first time the stars have aligned and provided us with enough Z06s to fill one installment (check out our first one here)! One of the first things that stands out from today’s collection of Corvettes is that not a single one shows an accident on the Autocheck history report–that’s pretty impressive for the Z06 that begs to be driven fast. For a refresher, we started in Florida, and over 16 installments, 30% of the Corvettes were hammered off to a new dealer. We felt Florida was underperforming and wanted to heat things up, so we moved to Texas. And the Lone Star State has impressed, with a commendable 63% successful sales ratio.
A Quick Review Of The Process:
In preparation for each installment, I start a list of Corvettes from that week’s runlist that catch my eye. As a retired owner/operator of a used car dealership, I’ll use my 17 years of experience (and industry access) to give you insights into the market. My search is focused on the nation’s largest dealer-only wholesale auction, and all the Corvettes featured are from the Florida market. Corvettes end up at a dealer-only wholesale auction for many reasons, but most are trade-ins that the dealer decided not to retail on their lot. Some may also be repossessions or coming off leases. It’s also common for dealers to dump problem (or slow-selling) units at an auction.
For Fun (and Insights):
Compare the MMR (estimated wholesale value) to the actual hammer price (if sold). It’s also interesting to compare the wholesale purchase price (if it sells) to the Cox Automotive estimated retail value, as this will give you an idea of the margins used-car dealerships are working with.
[4/10/2025 Edition]
Top 7: Wholesale Dealer-Only Auction Activity Report
#7
2009 C6 Z06 Coupe 3LZ
