[93oh]

Car was and is a bargain. The 1le is a track beast and good for Chevy releasing it. None of the zl1s are on the road right now so it's rare to see them as is I look forward to seeing a 1 le in person... I also am waiting for 2.9 whipple but that's just me...

[travislambert]

Originally Posted by MrChrisLS3

You about got it right. However, there are a couple of things to add. First is the 20% incentive. For the most part it is seasonal, as most incentives are like any other sale or promotional offer, they are typically time limited. So, as far as it devaluing the overall market, it's more ebb and flow.

Then there is the used car factor. Even putting 20% off new car MSRP, it's really just starting to touch the depreciation already realized just by registering the car. During the sale it might be a little tougher to unload a used car like this, but come spring, when the demand rises and incentives fade, then the used car market levels out. People buy used cars like this for only one reason, affordability.

But, for the most part you're right. When these things start rolling down the line, and there is a push of folks like yourself that trading in a practically new '17 for the 1LE, the used market will surge with '17's and supply v demand will have it's way for a brief time. But eventually the market will even out as those cars get snatched up, then the avg used price will go back up.

Thanks for taking the time to read and understand my post. I was beginning to wonder if people were reading them, but you've restored my faith.

Market values certainly fluctuate rhythmically throughout the year. I suppose I was more focused on showing the link between the announcement of new models and the (initial) depreciation of the outgoing model, because it seemed to me other posters were having trouble seeing the link if the new model didn't appeal to them personally.

I can't disagree with anything you stated, and I think we can agree that some manufacturers are better than others at controlling the need for major incentives. Obviously I see room for improvement in the case of the Camaro.

Thanks for your post!

[MrChrisLS3]

Originally Posted by travislambert

Thank's for taking the time to read and understand my post. I was beginning to wonder if people were reading them, but you've restored my faith.

Market values certainly fluctuate rhythmically throughout the year. I suppose I was more focused on showing the link between the announcement of new models and the (initial) depreciation of the outgoing model, because it seemed to me other posters were having trouble seeing the link if the new model didn't appeal to them personally.

I can't disagree with anything you stated, and I think we can agree that some manufacturers are better than others at controlling the need for major incentives. Obviously I see room for improvement in the case of the Camaro.

Thanks for your post!

Oh, yeah, I'm sure it is a little scary to buy a new model at MSRP, only to see it incentivized 6 months later at 20%. Enough, probably, to make you scream, "WHY?!!!". However, I think there is a lot under the surface that we can't see. I believe a big part of it is contract pricing with outside suppliers, Multec, Brembo, ad infinitum. In order to achieve that $60-$70K MSRP (a bargain price for what the car can do) GM has to agree to purchase x amount of units at such and such price. So, lowering production numbers just to avoid incentives might be counter productive in the long run for GM.

Add the 'dirty little trick', GM waits just long enough for the true, 'I can't wait for the sale' enthusiast to get their hands on their '17 ZL1, then announce the even nastier version, knowing full well that they are going to sell you another new car this year. They are cruel people at GM marketing, lol.

Either way, just keep this mind. No matter what kind of bath you may take on your car to get the 1LE, you will still be driving a car that can outperform just about any car at 5X the price you paid, bath and all.

[rvnmaniac]

Originally Posted by ChefBorOzzy

I can't believe people are upset over this..

+1.

Hell give me the Magnetic Ride as an option in the 2018 ZL1/ILE and scratch the Spoiler(but maybe I would get use to that) the car would be perfect for me. It sure is PURTY..

[OminouSS]

Originally Posted by detltu

I get what you are saying, for most drivers (myself included) you could upgrade the tires and get a good chunk of the performance benefits that the 1LE offers. That's true and for some people that is close enough for their purposes. There comes a point in the learning curve where those benefits can be appreciated though and it's somewhere less than Randy Pobst.

Agreed. Having driven the mag ride, I know it's capabilities. For me, suspension is a wash. The rest of the 1LE could be considered vehicle setup. I just don't see it as a new model as most do, I guess. As soon as the announcement was made I had to ask myself 'would I have bought the ZL1 1LE if it were available'? The answer is 'depends on how much'. If it would have saved me money on custom race wheels and some down force mods, then maybe. But if I could get a more customized aero package and lighter/stronger wheels for the same price or less...then NO. BTW...my wheels are only 18 lbs

[ban25]

For what it's worth, those who want a faster track car and don't have this package...just skip the non adjustable DSSV setup and run a set of JRZ RS Pros. Want bigger brakes? Doesn't get much better than AP Racing. Aero? APR Wing & Splitter.

[sspddmn]

Unsure if how true this new info is but the Z28 may be on the way for 2019. Just in case you want to cancel your ZL1 orders. Again, not sure how true this is but here is the link.
http://www.leftlanenews.com/next-cam...wer-94798.html

[KLR ZL1]

Originally Posted by sspddmn

Unsure if how true this new info is but the Z28 may be in the way for 2019. Just in case you want to cancel your ZL1 orders. Again, not sure how true this is but here is the link.
http://www.leftlanenews.com/next-cam...wer-94798.html

That's pretty awesome if true and I for one can't wait to see the new products that GM has instored for us.

[travislambert]

It'll be officially announced this summer while 100s of people are waiting on their '18 ZL1 1LE orders. JK

[travislambert]

http://blog.caranddriver.com/a-new-c...thing-we-know/

[h777]

If we combine the above news with Al O. saying the track package is limited run. Could that mean something now?

[newmoon]

Originally Posted by travislambert

http://blog.caranddriver.com/a-new-c...thing-we-know/

ZL1-1LE & Z28 . Why not just introduce the Z28 as the track warrior and instead offer some type of drag pack option for the ZL1?

Street and strip action is exactly what the vast majority of ZL1 owners will be doing with their cars.

[Mr. Wyndham]

Originally Posted by h777

If we combine the above news with Al O. saying the track package is limited run. Could that mean something now?

It will be limited, in the same sort of way as the Z/28 was limited....careful roll out...low numbers driven by economics...but not "limited" as in a fixed production number.

[speedyman]

Originally Posted by Mr. Wyndham

It will be limited, in the same sort of way as the Z/28 was limited....careful roll out...low numbers driven by economics...but not "limited" as in a fixed production number.

I've watched this "limited production" thing discussed, argued and beat to snot on internet forums for the last 15 years and am firmly convinced that there are many participants on every forum who are just not capable of comprehending the "low numbers driven by economics" concept. Excellent way to explain and define what happens but unfortunately over the heads of some enthusiasts. That is the best explanation I have seen to date condensed into one simple phrase. Good job.