Quote:
Originally Posted by Lemmy
As far as market cannibalism goes, how does the 2014 Z28 and the new Stingray fare? From what I understand, and I could be totally wrong, but the Stingray is going to be somewhere in the low to mid 50's maybe more with options. Now the ZL-1 comes in at what maybe around 60K? The 2014 Z28 I am going to assume will be more expensive than the ZL-1. Maybe mid-60's? Maybe close to 70K? The Stingray and the Z28 will both be n/a, and neither may be all that much if any faster than the supercharged ZL-1. Steve, I had Camaros in the 90's, my dad had a fiberglass 69 Stingray with a bored out 327 and Mickey Thompson headers and a 4-speed. Amazing car for 1969. But this ZL-1/Z28/Stingray market looks very confused. Will the Stingray outperform both those Camaros? It looks like you might have two Camaros that equal the new Vette's performance or come fairly close. Who is the target buyer for each car? Why would anyone pay close to 70K for a Camaro that very well may not outperform another Camaro priced under it and with a stronger engine? Or pay 10-15K more for a Camaro that has the same engine as a new Corvette? I guess it is good for the consumer to have so many choices but this business model seems to be a bit hard to comprehend.
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My understanding is that within the next year or two, the Z06 and ZR1 C7's will be coming out, but some of that is speculative.
The Vette and Camaro really don't compete against each other. Different target markets, I suppose. The ZL1 will continue to be the big horse as far as Camaros go, and I haven't really read much on the Z-28 to be honest.
I've been paying more attention to the Stingray, as I just love the look of the car...though I still love the look of the Camaro as well. I have already talked to Hennessey Performance about doing the 700hp version of the Stingray (or ZL1) if I got it. I suppose I could wait until higher end models of the Stingray come out as well. I am sort of waiting to see what the timeline on the release of the higher end Corvettes will be. It'll be about a 6 months to a year before I get back from North Carolina and will be ready to buy, so I have time to wait for more info.