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Old Aug 19, 2007, 7:46 AM   #1
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Default New Camaro with a Corvette Engine

So they are putting the 400hp Vette engine in the new Camaro due to be released in '09 (see http://www.chevrolet.com/performance/).

Does this mean GM is replacing the market segment for lower end Vettes with Camaros?

The price is supposedly going to be in the mid-high 20's to compete with the Ford Mustangs, and if that's the case that's one heck of a deal (if I had known about this car and if I could wait 2 years, I might have just gotten a Camaro instead of the C6).

Let me say it again... 400hp Corvette engine... new Camaro body... sub $30k pricing... Wow!
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Old Aug 19, 2007, 11:45 AM   #2
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Well the only functional concept car does has the base C6 engine in it, but I'm not sure if it will be put into production. Although it seems totally feasible now that the C6s have moved onto to the LS3s.

The one thing I'm doubting is the sub 30k pricing. It's not that Chevy can't put on a ridiculously low MSRP, in the 25k range like the current 4.6L Mustangs, however the initial batch of these Camaros will be in HIGH demand, which means the price will be quite higher than the MSRP when you go to the dealer. There will be 20 cars and 200 guys wanting to buy it.

I see it working similar to the Shelby GT500s. The base MSRP for a 2008 Shelby GT500 coupe is about $42,000. It would be a true miracle if someone can actually get one for that price.

And I believe the same will happen to the new Corvette supercar. MSRP will be relatively low, maybe even just under 100k, but the high demand will drive market price closer to within the Ford GT range.
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Old Aug 19, 2007, 1:13 PM   #3
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Quote:
Originally Posted by mwct View Post
So they are putting the 400hp Vette engine in the new Camaro due to be released in '09 (see http://www.chevrolet.com/performance/).

Does this mean GM is replacing the market segment for lower end Vettes with Camaros?

The price is supposedly going to be in the mid-high 20's to compete with the Ford Mustangs, and if that's the case that's one heck of a deal (if I had known about this car and if I could wait 2 years, I might have just gotten a Camaro instead of the C6).

Let me say it again... 400hp Corvette engine... new Camaro body... sub $30k pricing... Wow!
I've always felt the markets between the Camaro and the Corvette were pretty different. A car like the Camaro is not a sportscar, and retains a great deal of practicality. The Camaro is supposed to be inexpensive and still offer great performance, yet still be able to be a person's everyday car barring having to haul around kids. The Corvette has more compromises in the design for performance, and thus is more expensive and less practical. As long as the prices say pretty separate, there will be little if no overlap.

Very often the Camaro has shared the same lineup of engines as the Corvette, or that the Corvette leads the Camaro by a single generation. Now that the LS3 has been released and is put inside the new Corvette I have little doubt that the Z28 will get the LS2 and the SS might get the LS3.

Remember that there is much more to a car's performance then just the engine.
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Old Aug 19, 2007, 1:22 PM   #4
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^^true.
If the camaro is like the mustang, it should end up being quite a heavy fellow. But i want the camaro to come out, followed by the challenger. Then we'll have a modern muscle battle on our hands.
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Old Aug 19, 2007, 2:43 PM   #5
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I predict that the new Camaro will in fact have the LS3 in it, and not the LS2. For the last few generations GM has been putting the Corvette engines in the lower end muscle cars. LS1's in the late 90's and early 00's Camaros...same engine as a base Corvette. LS1 in the newer GTO's...same engine as the base Corvette. And then when the Corvette started having the LS2, what happened to the GTO? It got the LS2. So I certainly think that the new Camaro will have the LS3 when it comes out.
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Old Aug 19, 2007, 10:15 PM   #6
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Quote:
Originally Posted by nist7 View Post
Well the only functional concept car does has the base C6 engine in it, but I'm not sure if it will be put into production. Although it seems totally feasible now that the C6s have moved onto to the LS3s.

The one thing I'm doubting is the sub 30k pricing. It's not that Chevy can't put on a ridiculously low MSRP, in the 25k range like the current 4.6L Mustangs, however the initial batch of these Camaros will be in HIGH demand, which means the price will be quite higher than the MSRP when you go to the dealer. There will be 20 cars and 200 guys wanting to buy it.

I see it working similar to the Shelby GT500s. The base MSRP for a 2008 Shelby GT500 coupe is about $42,000. It would be a true miracle if someone can actually get one for that price.

And I believe the same will happen to the new Corvette supercar. MSRP will be relatively low, maybe even just under 100k, but the high demand will drive market price closer to within the Ford GT range.
I don't think a Corvette will ever costs anywhere near $150k. Maybe $120k at most, but I don't think it will cost as much as a Ford GT. Corvettes are supposed to be somewhat affordable.
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Old Aug 20, 2007, 4:30 AM   #7
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The new Camaro might have either one when it comes out, but my guess is the LS2 will be the Z28 powerplant for at least the first year. After that probably the LS3.

Damnit, my LT1 is getting old.....
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Old Aug 20, 2007, 10:46 AM   #8
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a dealer around me showed me the pricing and when he did i told him to have a nice day and that'll ill be back in two years...

Anyways... He showed me the SS and the SS Convertible, both with a auto 5spd or man 6spd with an ls2 V8, reason why the new base corvette just got a bump up to 435 horse!... SS is going to be $28500 the convertible just add 3g's they are making a RS version with a 3.9 I believe at $21000...

My only problem with all this is that i have to wait 2 years to get a SWEET ASS CAR... and im hoping they Make it in Rally Yellow W/ Black Racing stripes... YES YES TRANSFORMERS... hahaha i look forward to owning that beast!
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Old Aug 20, 2007, 11:53 AM   #9
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Like Phil said, the market for these two cars is like apples and oranges. I agree with Venom as well... the Corvette will NEVER be near that price. GM has strict pricing caps on the C6 and Z06. Dealerships could easily run the showroom price of a Z06 up close to 100 grand. GM won't allow it. Demand will never set the price for a Corvette.


btw, mwct... there is no such thing, with the current exception of the LS7, as a 'Corvette motor'... never has been. The LS7 isn't technically either since you can order them as crate motors and have some dealerships install them in other cars.
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Old Aug 20, 2007, 2:54 PM   #10
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The only way I see the LS3 getting into the Camaro is a 500hp version to compete with the GT500. And if that happens it will probably be a relatively low production version.
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Old Aug 20, 2007, 3:08 PM   #11
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And it's NOT A 'VETTE'... It's a CORVETTE!!!!!



Have some respect man! lol

MWCT... I just looked at your profile. You've got 7 threads and only 20 posts. You need to slow down on the useless threads and maybe learn a little about cars... That's what we're here for...
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Old Aug 20, 2007, 4:37 PM   #12
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Quote:
Originally Posted by Venom 1000 View Post
I don't think a Corvette will ever costs anywhere near $150k. Maybe $120k at most, but I don't think it will cost as much as a Ford GT. Corvettes are supposed to be somewhat affordable.
A bit off-topic, but still somewhat relevant (to the first batch of the SS models, anyways)

The problem is not the factory. I won't be surprised if Chevrolet slaps a $99,999 MSRP on the window of the new Corvette supercar or a $24,999 MSRP on the window of the new Camaro SS. Those prices, relatively speaking, ARE affordable.

However, when you go to the dealer and give them a check written in that amount, they will laugh at you. For example, under normal circumstance, no one can go into a Ford dealer and buy a brand spanking new Shelby GT500 for $42,000. Even though the MSRP for that car is quite affordable for the amount of car you are getting, the simple and powerful economic forces of demand and supply will drive up the price. Bob will be willing to pay $50,000 for that GT500 while Joe will shell out $60,000. So the actual market price will be significantly higher than the MSRP.

I predict similar things will happen with the Corvette supercar and the first batch of the new Camaro SS. Those cars will be in very high demand, and supply, not surprisingly, will be quite low. So the middle to upper middle class guys will shell out much more money than the MSRP to be the first ones on the block to get those cars.

If you remember, chassis #001 of the new Shelby GT500 was auctioned off for something like $600,000.
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Old Aug 20, 2007, 4:48 PM   #13
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Nist... just so you know, the msrp for a 2008, fully optioned Z06, is 81 grand. You can go into a Chevy dealership and, depending on what state you're in, drop between $75,000 and $80,000 cash on the desk, wait 3 to 4 weeks, and drive home in a brand new car. I know that for most cars, especially high demand and hand built cars, the sticker nowhere reflects what you'll actually pay for one. Hell, 959's were going for up to a million when they were released. 3-4 times the sticker price. And that wasn't including the fees to bring it here... For some reason, the Corvette is the one honest piece left of the US auto market. lol
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Old Aug 20, 2007, 5:07 PM   #14
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Quote:
Originally Posted by monkeyfkker View Post
Nist... just so you know, the msrp for a 2008, fully optioned Z06, is 81 grand. You can go into a Chevy dealership and, depending on what state you're in, drop between $75,000 and $80,000 cash on the desk, wait 3 to 4 weeks, and drive home in a brand new car. I know that for most cars, especially high demand and hand built cars, the sticker nowhere reflects what you'll actually pay for one. Hell, 959's were going for up to a million when they were released. 3-4 times the sticker price. And that wasn't including the fees to bring it here... For some reason, the Corvette is the one honest piece left of the US auto market. lol
Ah, interesting. Although that makes sense because the C6 Z06 have been out for a couple of years now, and the dealers have got to compete with the used car market. When the average Joe is looking for a C6 Z06, he pretty much have to choose between a brand new one or a slightly used one but at some discount. If dealers charged a lot of premium/markup over the new Z06s the average Joes will simply go for a near-new Z06 instead of trying to haggle with the car salesmen.

And it's no surprise for cars like the Porsche 959, those are one-time, very limited productions and the demand include some VERY wealthy buyers (Bill Gates, Jerry Seinfeld, middle eastern kings/princes, etc.) who won't hesitate to write seven-figure checks to secure themselves an order.

Similar thing might happen with the Corvette supercar. Since it is a one-time, limited production, and I'm sure some Corvette enthusiasts will pay out their butts to get one. That is why I predict an actual market price of possibly even reaching $150k.

The SS Camaro won't be too expensive after two or three years, when its market cools down a bit.

Which reminds me, monkey, what do you think of the new Camaro? We know you loved the classic first gens, but any chance of you getting on a waiting list for the 5th gen (I belive?) SS?
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Old Aug 20, 2007, 5:14 PM   #15
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Well, you're completely correct about the pricing of limited and high demand cars, but (and this is not from 'fanboyism' or anything)... Chevrolet caps the pricing on the Z06. It's their pride and joy. It's also a matter of pride to Chevy that they have designed, built, and can sell a car with the capabilities of the Z06 for the price that they do. The dealerships are contracted to sell them at a capped price. That's why if you ever see a Z06 on a dealer's floor it's either used or ordered for a customer. Chevy builds them as they're ordered.
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