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DETROIT, MI - JANUARY 13: The new Chevrolet Corvette Z0-6 is revealed at the press preview of the 2014 North American International Auto Show January 13, 2014 in Detroit, Michigan. Approximately 5000 journalists from more than 60 countries are expected to attend. The 2014 NAIAS opens to the public on January 18th and ends January 16th. (Photo by Bill Pugliano/Getty Images)

Are you in the market for Chevy’s Z06 Corvette?

If you are, prepare to shell out some real money.  It starts at $106.395.  Want the convertible?  It’ll be $113,885, to start.

Do you want it loaded?  That’ll be $160,000

Now, there seems to be an issue with this new Corvette.  It’s so in demand, that some dealers around the country are marking it up, over $100,000.  Chevy is not a fan of dealers doing that and they’re also not a fan of consumers trying to “flip” the car, shortly after buying it.

Chicago Hosts Annual Auto Show

CHICAGO, ILLINOIS – FEBRUARY 10: Chevrolet displays the Corvette Z06 at the Chicago Auto Show at McCormick Place convention center on February 10, 2022 in Chicago, Illinois. The show, the nation’s largest and longest-running, is open to the public February 12-21. (Photo by Scott Olson/Getty Images)

 

According to reports, here’s what Chevy is trying to do to dissuade customers from “flipping”.  If customers sign up for the My Chevrolet Rewards program will get 500,000 free points, BUT ONLY IF THEY KEEP THE CAR FOR 12 MONTHS.

What can you do with 500,000 My Chevrolet points?  You can get accessories and service, and 500,000 points equates to about $5,000.

That’s the flaw in Chevy’s plan.  You’re offering someone $5000 worth of parts and service, when the profit seemingly out there on the resell market is unknown.  Here’s an indication of the value of these cars.  The first Z06 was sold at a charity auction for $3.6 million.