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2007 Z06 Corvette MSRP Increases Nearly $3K

by Keith Cornett on August 1, 2006

Corvette Window StickerWord on the street is that the MSRP for the 2007 Z06 Corvette has been increased from $66,465 to $69,175 for the base model that includes the 1LZ package. With the 2LZ package, MSRP rises to $73,485. I was just on Corvette.com and the lower prices are still listed, but visits to both DigitalCorvettes.com and CorvetteForum.com have comments from Dealers confirming the price change. Z06 buyers on the forums who have order numbers have been calling their dealers to inquire about the price increase are also being told that its true. Rick Conti gives this advice to those with deposits: Look at your GM order sheet. If it has your name and address as the customer, then you should be price protected. If not, call your dealer immediately. The Z06 is still a fantastic bargain for the price, and adding an additional 5% to the cost of the car will do little to slowdown the enthusiasm Corvette buyers have for it. The increase probably has very little to do with demand and more to do with covering the manufacturing costs due to increased energy costs. Sadly, this increase will do little to stop the stem of gouging by certain dealers. Check out this window sticker from a dealer in Washington that added a $29,995 Adjusted Markup Value to the cost of a Z06 making the total $102,785! Wonder what his cost will be once the Blue Devil/Stingray arrives! Source: CorvetteForum.com | DigitalCorvettes.com | Corvette.com
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Corvette – Performance Car with Economy Benefits

by Keith Cornett on July 31, 2006

With gas prices now averaging over $3.00 per gallon there is much talk about what the average person can do to conserve. My advice? Sell your SUV and buy a Corvette. What most of the uninitiated don’t realize is how well the Corvette can do on gas mileage, especially highway mileage. It’s not uncommon to hear owners tell how they average in the high 20′s or low 30′s on their highway driving trips. And with Corvette’s onboard computer, mileage is easier than ever to review, not only between destinations, but over the life of the Corvette as well. Here are some quotes from a thread on CorvetteForum.com about owner’s gas mileage experiences:

Yesterday I decided to do a highway run solely to determine gas mileage per gallon. I fueled up at a station right off the expressway and drove 80 miles. (I know, maybe too short of a trip.) I set cruise control at the speed limit, 65, until approaching Chicago, then 55. (Got a lot of strange looks doing 55 on I355 around the City). Average MPG on the DIC, and verified by refilling at gas station after ride, was 31 mpg! I have a 2006 A6 with 9,800 miles on the odo. So yes, the Vette truly is an economy car. I made a trip from Jacksonville to Orlando a couple of weeks ago on Traffic Disadvantaged I-95 and Construction Challenged I-4. Managed 75-80 mph most of the way and got 28.5 mpg. The car does really great. On our 6300 mile trip we average 28 mpg, 31.3 mpg being the highest for a tank. Average speed for the whole trip was around 70 and I know I saw 105+ a few times. Just finished a 4358 mile trip, WI, MN, SD, ND, WY, MT, ID, and WA. Average mph 60.4, Average mpg 26.6. Yes, this is an economy vehicle with lots of perks. My car has about 5500 miles on it. According to the DIC, i am averaging 20.5 miles per gallon for the life of the car. That is pretty evenly mixed between freeway and city driving.
Of course, if you drive it hard or do a lot of stop-and-go city driving, your miles per gallon stats will suffer, as it would in any car INCLUDING A PRIUS. Boy, that’s an oxymoron…the thought of someone performance driving a Prius. The next time you’re thinking about buying a new car and you want performance AND economy, think green…Bowling Green. Source: CorvetteForum.com
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Motor Trend Hails Return of Corvette Stingray

by Keith Cornett on July 29, 2006

Corvette StingrayMotor Trend magazine has a nice piece on the Blue Devil – only their take on the Supercharged Corvette not only calls it the Stingray (not Sting Ray for those of us inclined to the Mid Year version), but their illustration also has it badged with the very cool Super Sport SS logo. The supercharged version of the LS7 7.0-liter V8 will also weigh in at 2900 pounds, a couple hundred pounds less than the current Z06. Can you say carbon fiber! Motor Trend also predicts the unleashing of the uber-Vette to happen in mid-2007. Source: Motor Trend Magazine (via DigitalCorvettes.com)
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Corvette Values: 1982 Corvette

by Keith Cornett on July 28, 2006

1982 CorvetteSissyChrissy posted the following question on Yahoo Answers: This guy is trying to sell me a 1982 Corvette Stingray. Brand new candy paint job, brand new motor, golden rims,leather interior, everything in excellent condition. The thing is, I don’t know how much a car like that is actually worth. He says he paid $16,000 for it and is not going to settle for anything less. Is he trying to rip me off or is he being reasonable? Our Answer: 1982 was a good year for Corvettes. It was the end of a body style that began in 1968. Just over 25,000 Corvettes were produced that year, nearly 15,000-20,000 less than an in previous years which means there’s less of them on the road. It was also the first year of the Cross Fire Injection engine. Our Corvette Price Guide has the average 1982 Corvette valued at $11,900, and our high price is $24,500. These models are also appreciating in value with a 7% return in 1 year and 14% over 5 years. While the Corvette you are looking at sounds like it is in great condition, its value is lessened by having a brand new engine instead of the original engine. At $16K, if the Corvette is as in good shape as you described, the price, while reasonable, is somewhat high due to the fact that it is missing its original engine. That might make it harder to sell down the road. Source: Yahoo Answers
Image: CorvetteImages.com
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GMS and GMID Pricing for 2007 Corvettes

by Keith Cornett on July 27, 2006

A member of CorvetteForum.com posted the GMS and GMID Pricing for the 2007 Corvette. GMS is essentially employee pricing and GMID is special pricing for employees of GM suppliers. If you qualify for one the price breaks, your next goal is to find a dealership that can accommodate you. Not all dealerships offer the breaks, so a good place to start is searching the forums and asking around. And even though Z06′s are part of the GMS/GMID Program, good luck finding either a Z06 available AND a dealer willing to sell below MSRP.

2007 Coupe MSRP GMID Invoice GMS
         
Base 44,170.00 40,038.00 39,532.00 38,282.05
Destination 825.00 825.00 825.00 825.00
2LT 1,495.00 1,249.82 1,241.00 1,196.00
3LT 4,945.00 4,134.02 4,104.00 3,956.00
Z51 1,695.00 1,417.02 1,407.00 1,356.00
F55 1,995.00 1,667.82 1,656.00 1,596.00
Auto Transmission 1,250.00 1,045.00 1,038.00 1000.00
Chrome Wheels 1,850.00 1,546.60 1,536.00 1,480.00
Polished Wheels 1,295.00 1,082.62 1,075.00 1,036.00
Competition Grey Wheels 395.00 330.22 328.00 316.00
Dual Roof Package 1,400.00 1,170.40 1,162.00 1,120.00
Transparent Roof 750.00 627.00 623.00 600.00
NAV Radio 1,750.00 1,463.00 1,453.00 1,400.00
OnStar 695.00 581.02 577.00 556.00
Two-Tone Seats 695.00 581.02 577.00 556.00
LMB Paint 300.00 250.80 249.00 240.00
VY/MR/AO Paint 750.00 627.00 623.00 600.00
Museum Delivery 490.00 409.64 407.00 392.00
         
         
2007 Convertible MSRP GMID Invoice GMS
         
Base 52,085.00 47,193.06 46,616.00 45,128.53
Destination 825.00 825.00 825.00 825.00
3LT 5,540.00 4,631.44 4,598.00 4,432.00
Z51 1,695.00 1,417.02 1,407.00 1,356.00
F55 1,995.00 1,667.82 1,656.00 1,596.00
Auto Transmission 1,250.00 1,045.00 1,038.00 1000.00
Chrome Wheels 1,850.00 1,546.60 1,536.00 1,480.00
Polished Wheels 1,295.00 1,082.62 1,075.00 1,036.00
Competition Grey Wheels 395.00 330.22 328.00 316.00
Dual Roof Package 1,400.00 1,170.40 1,162.00 1,120.00
Transparent Roof 750.00 627.00 623.00 600.00
NAV Radio 1,750.00 1,463.00 1,453.00 1,400.00
OnStar 695.00 581.02 577.00 556.00
Two-Tone Seats 695.00 581.02 577.00 556.00
LMB Paint 300.00 250.80 249.00 240.00
VY/MR/AO Paint 750.00 627.00 623.00 600.00
Museum Delivery 490.00 409.64 407.00 392.00
         
         
2007 Z06 Hardtop MSRP GMID Invoice GMS
         
Base 65,640.00 59,367.38 58,748.00 56,778.60
Destination 825.00 825.00 825.00 825.00
2LZ 3,845.00 3,214.42 3,191.00 3,076.00
Polished Wheels 1,295.00 1,082.62 1,075.00 1,036.00
Competition Grey Wheels 395.00 330.22 328.00 316.00
NAV Radio for 1LZ 3,640.00 3,043.04 3,021.00 2,912.00
NAV Radio for 2LZ 1,750.00 1,463.00 1,453.00 1,400.00
US9 Radio 1,890.00 1,580.04 1,569.00 1,512.00
LMB Paint 300.00 250.80 249.00 240.00
VY/MR Paint 750.00 627.00 623.00 600.00
Museum Delivery 490.00 409.64 407.00 392.00
Source: CorvetteForum.com (via Wheel Talk)
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2007 Atomic Orange Corvettes Debuts

by Keith Cornett on July 26, 2006

I finally saw some real-world photos of the 2007 Corvette with the new 83U Atomic Orange Metallic and I have to say that it is a stunning color. I have posted a side by side with the discontinued Daytona Orange Sunset Metallic and you can definitely see the difference between the two. Atomic Orange is, well, more Orange than the Daytona Sunset.

2007 Atomic Orange Corvette 2006 Daytona Sunset Orange Metallic Corvette
Atomic Orange Daytona Sunset Orange
Based on 2006 Productions numbers, I really don’t see this color being any more popular than DSOM. What did the numbers from 2006 tell us? 50% of Corvettes manufactured are either going to be a shade of red (32%) or black (20%), figures that should remain fairly constant throughout the 2007 model run. Daytona Sunset Orange Metallic was ordered on 1,729 Corvettes, about 5.1% of production. Atomic Orange, while benefiting from being the new color, is not different enough to increase this percentage substantially. That being said, Atomic Orange will be a popular color for those who want to be a bit different than the rest of the crowd. And who knows, perhaps in 20-30 years we’ll look back on either of these two shades of Orange with the same genuine affection that we now have for Warbonnet Yellow. Source: DigitalCorvettes.com
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Final 2006 Corvette Production Numbers

by Keith Cornett on July 25, 2006

Now that the 2006 Corvette Model Year has ended, the Bowling Green Assembly Plant has released their final count of option penetration for the year. Just over 34,000 Corvettes were produced for the 2006 Model Year. 49% of production went to coupes, 33% Convertibles and the hot new Z06 accounted for 18% – 6,272 units total. No big surprises with exterior colors. Corvette owners still prefer Red Corvettes. The two shades of red, Victory and Monterey, combined for 32% of production. One out of every five Corvettes is Black. The least produced color is Artic White with 4.7% penetration and the now discontinued Daytona Orange Sunset Metallic (DOSM) came in at 5.1%. One of the hot options available is R8C Museum Delivery where the new owner can take delivery of their Corvette at the National Corvette Museum in Bowling Green Kentucky, just across the street from the assembly plant. For the 2006 Model Year 1,172 new owners received their keys at the NCM. Here are the major options in their respective categories:

Corvettes Produced Amount Percent    
         
Coupes 16,598 49%    
Convertibles 11,151 33%    
Z06 Hardtops 6,272 18%    
  _______ _______    
Total 34,021 100%    
         
         
Exterior Colors Total Coupe Convertible Z06
         
10U Artic White 1,588 941 647 0
19U Le Mans Blue 3,459 1,815 973 671
41U Black 7,243 3,365 2,206 1,672
45U Velocity Yellow 4,122 1,540 1,118 1,464
67U Machine Silver 4,984 2,370 1,636 978
71U Daytona Sunset Orange 1,729 930 571 282
74U Victory Red 5,844 2,758 1,881 1,205
80U Monterey Red 5,052 2,879 2,173 0
         
         
Convertible Top Colors Total      
         
35T Beige 3,076      
37T Gray 757      
41T Black 7,318      
         
         
Interior Colors Total Coupe Convertible Z06
         
02I Red 2,028 683 422 923
19I Ebony 19,974 10,312 5,901 3,761
31I Cashmere 7,175 3,727 3,448 0
84I Titanium (Gray) 4,844 1,876 1,380 1,588
         
         
Transmissions Total Coupe Convertible Z06
         
MM6 6-Speed Manual 10,517 2,815 1,430 6,272
MYC 4-Speed Auto 19,094 10,967 8,127 0
MZ6 6-Speed Manual w/Z51 4,410 2,816 1,594 0
         
         
Wheels Total Coupe Convertible Z06
         
QG6 Painted Aluminum 7,926 5,592 2,334 0
QG7 Polished Aluminum 3,449 0 0 3,449
QX1 Gray Painted Aluminum 887 648 239 0
QX3 Chrome 2,803 1,452 1,351 0
Q10 Z06 Base 2,544 0 0 2,544
Q44 Z06 Painted 279 0 0 279
         
         
Other Options Total Coupe Convertible Z06
         
Z51 Performance Handling Pkg 10,338 6,189 4,149 0
F55 Magnetic Select Ride 5,709 2,762 2,947 0
UV6 Heads Up Display 22,479 11,948 10,531 0
U2K XM Satellite Radio 26,891 11,256 10,319 5,316
UE1 OnStar System 12,869 6,358 6,511 0
U3U Navigation Radio 17,474 6,734 6,565 0
R8C Museum Delivery 1,172 423 302 447
         
Source: Bowling Green Assembly Plant (via CorvetteConti.com)
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Corvette Racing Celebrates 50th Victory

by Keith Cornett on July 23, 2006

Olivier Beretta and Oliver Gavin delivered Corvette Racing their 50th triumph in international road racing with a dominant lights-to-flag victory at Portland, the sixth round of the American Le Mans Series. It was also Gavin and Beretta’s fifth GT1 win of the year to giving the British and Monagasque duo a 12 point lead over Aston Martin’s Darren Turner and Tomas Enge who had to settle for second place on a day when temperatures reached record levels. “It’s fantastic to be part of Corvette’s 50th victory,” said Gavin. “The car was fantastic and the Michelin tires stood up extremely well under very hot conditions. We just managed everything as best we could and slowly eked out a lead. It was a hard fought battle in very difficult circumstances.” Corvette Racing’s milestone 50th win came as Chevrolet is celebrating Corvette’s 50th anniversary in international road racing. Corvette Racing’s resume includes 44 victories in the American Le Mans Series, five wins in the 24 Hours of Le Mans, and a victory in the Rolex 24 at Daytona. “This one felt like it was 150 degrees,” said Corvette Racing program manager Doug Fehan. “We had cloud cover all day, and then just before the start the sun came out and superheated everything. The drivers did a magnificent job under adverse conditions, and their fitness levels paid off. It was a real dogfight with a great competitor, and fortunately we prevailed. Any time you get two cars on the podium, you’ve had a good day.” Beretta drove the first and third stints in the two-hour, 45-minute race. He had to contend with a malfunctioning air conditioner in the hottest part of the day. “I was trying very hard to keep the lead, and the Aston Martin was putting a lot of pressure on us,” said Beretta. “This was an amazing race, and this team is unbelievable. Corvette Racing never gives up.” Beretta qualified on the GT1 pole, and took the lead at the green flag. At 31 minutes into the race, the No. 009 Aston Martin made an unscheduled pit stop and subsequently received a stop-and-go penalty for a pit infraction. Beretta then came under pressure from the No. 007 Aston Martin. A full-course caution at the 50-minute mark signalled a round of pit stops and driver changes. Quick work by the Corvette crew put the C6.Rs first and second when the green flag flew at 1:05 into the race. The No. 007 Aston Martin regained second place as the final pit stops took place with 30 minutes remaining. “That was without a doubt the most physically demanding battle we’ve ever had,” said O’Connell, who drove the second stint in the No. 3 Corvette C6.R. “Unfortunately our air conditioner wasn’t working, and it was very difficult to breathe. It was very hard work, and we pushed very hard. “There are times when you want to quit, but you can’t because you know the team is pulling for you. Third place isn’t the result that Ron and I wanted, but sometimes you get those.”
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Subtle Changes Mark the 2007 Corvette

by Keith Cornett on July 21, 2006

2007 Corvette Interior As the 2007 Model Year arrives and new Corvettes are making their way into showrooms, we are now able to see some of the changes from the 2006 models. CorvetteConti.com has several photos worth checking out detailing the changes. Changes from 2006 include a larger glovebox, two-tone seats with reverse stitching and the lock is now missing from the center console. We’ve detailed the options for the 2007 Corvette previously, but I have to mention that the two-tone seat colors, previously available only on the Z06, look fabulous. I especially like the titanium on black, which can really brighten an otherwise unremarkable interior. Source: CorvetteConti.com
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1971 CorvetteLess than a week after Dale Jr auctioned his 2006 Corvette on eBay, we’ve come across another celebrity selling a Corvette on the auction site. Matthew McConaughey, who rose to fame with roles like Wooderson on Dazed and Confused has put his 1971 Mediterranean Blue Corvette on eBay as part of Oprah’s Angel Network to raise money for Hurricane Katrina victims. What I can appreciate about this auction compared to some of the other celebrity auctions in the past is from the comments about the Corvette from McConaughey himself:

“Back in 98 I went to a California car show and was lookin at gettin a 1962 Vette, but this 71 Stingray caught my eye. I was at the show for 8½ hours and I kept circlin back to spend time checkin it out. By the end of the day I drove off in my 1971, mediterranean blue, Chevy Stingray Convertible. I call her Mako…like the shark.” “The lines on this Vette are my favorite lines on any sports car…it’s got the shoulders & the hips. The Vette always has that long front end with the shoulders where the wheel wells come up and then continues on back to where it widens nicely at the hips. This year, Corvette really knocked the design out of the park…it’s got muscle and it’s built for drivin. You don’t get it for the gas mileage…it’s not a tiptronic Porsche. When you wanna get it, you feel the horse power in your backside. The music in this car is listenin to the engine…for me it’s the quintessential, bare bones, badass American sports car.”
100% of the proceeds will be donated to Oprah’s Angel Network charity. The auction runs through July 27th and 36 bids have taken the current bid to $44,100. Source: eBay via Autoblog
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