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What determines the final price of a Chevrolet Corvette z06?

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Quick Answer

Pricing for the 2015 Chevrolet Corvette Z06 is largely determined by whether or not the vehicle in question is a coupe or convertible, dealer mark-ups and the presence of additional options, such as an automatic transmission. Overall condition, age and mileage can also influence the final prices of used Corvettes.

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Full Answer

Convertible Z06 Corvettes are almost always more expensive than comparable coupes, whether the vehicle is new or used. For example, the starting retail price of a 2015 Z06 coupe is $79,995, while the convertible is priced from $83,995, as of 2015. Options such as an automatic transmission, painted brake calipers and exterior trim can also increase the price of a Z06. Many of these options are purely cosmetic and have little or no impact on the car's performance.

The Z06 high-performance option package has been offered for several models of Corvettes since the vehicle's inception, with wide differences in the capability of these cars depending on the model year. For example, the 2015 Z06's engine produces 650 horsepower, while the 2006 Z06's engine produces only 505 horsepower. Nonetheless, Z06 models in good condition often command high prices on the used market regardless of their year of origin. The typical selling price of a 2006 Z06 Corvette is estimated to be approximately $35,000, as of June 2015 by automobile pricing guide Kelley Blue Book, approximately $10,000 more than the base Corvette from the same year.

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