Jul 20, 2022

Chevrolet recently released the pricing for the highly anticipated Corvette Z06. People have been wondering when Chevrolet was going to release the pricing and it finally happened last Friday! The hype around the Corvette Z06 is like something we have not seen before. The Z06 is always around $20,000 or so more than a standard Corvette. The starting price for a 2023 Chevrolet Corvette Z06 is $106, 395. A 2023 Chevrolet Corvette Stingray will start at $64,200. So that is about $40,000 more for the Z06, but you are getting a completely different vehicle.

The Corvette Z06 has a completely different engine. The Stingray has the 6.2L naturally aspirated V8 engine. Whereas the Z06, while still naturally aspirated, has a 5.5L flat- plane crank engine. That’s the part that gets most people excited. The flat- plane crank will make the engine sound more like an exotic car from Europe. The 5.5L engine in the Z06 has 670 horsepower compared to the 495 that the Stingray has. This is the most powerful naturally aspirated engine General Motors has ever produced. It is going to be a special engine.

The Z06 comes in two body styles and three trim levels. You have the option to get it in the coupe or convertible body style. The convertible is usually about $7,000 more than the coupe. So if you are looking at the convertible option, keep that in mind!
Trim Levels:

  • 1LZ- Starting price of $106,395
  • 2LZ- Starting price of $115,595
  • 3LZ- Starting price of $120,245

If you are wanting a convertible, just add $7,000 to the above prices. A fully loaded Z06 could cost you around $160,000 or so but for the amount of car you are going to get compared to something from overseas, it is a steal. If you are wanting a Porsche that can deliver that kind of performance, you are going to be paying at least $200,000. The Ferrari F8 costs $270,000. That is over $100,000 more than the Corvette Z06. The F8 has 701 horsepower compared to the 670 in the Corvette Z06. Would you be willing to trade that 31 horsepower for the $110,000?
The 2023 Chevrolet Corvette Z06 will be the most sought after Corvette that has been made in a long time and the value of them will only continue to rise with the recent regulations on engines. With everything going electric, gas powered engines will become more rare. V8 powered vehicles could see a large uptick in cost over the next 5 or 10 years.