Back in early 2022, General Motors sent out a letter to dealerships warning of possible repercussions if the dealer charged customers over MSRP on vehicles like the Chevy Silverado EV and 2023 Corvette Z06. Despite this message, some dealers are still tacking on markups to C8 Z06 units, and now, GM Authority reader Terry spotted this Pennsylvania dealer posting a 2023 Corvette Z06 for sale with a $60,000 markup.
Listed for sale by Bob Fisher Chevrolet – and featuring a large “dealer market adjustment” fee – this particular C8 Z06 is finished in the 3LZ trim level, and is painted in the eye-popping Accelerate Yellow Metallic (color code GD0) paint color. On the inside, we see the Sky Cool Grey colorway, along with Nappa leather seats.
It’s worth noting that this 2023 Z06 does not feature the high performance Z07 package.
Unfortunately, this isn’t the first example of dealers and private owners price-gouging the C8 Corvette Z06, and likely won’t be the last. GM Authority has reported on several instances, including a 25-mile C8 Z06 Convertible posted for $375,000, a 15-mile C8 Z06 selling for $275,000 at an auction, and one dealer asking for a $100,000 markup.
Despite GM’s warnings, it certainly doesn’t seem like dealer markups are going away anytime soon. With this in mind, we recently asked you, our dear reader, what your opinion on the matter was. Looking over the poll results, almost 80 percent of our readers believe that GM has not fixed dealer surcharges.
As a reminder, the 2023 Corvette Z06 is highlighted by the naturally-aspirated 5.5L V8 LT6 gasoline engine, which is rated at 670 horsepower and 460 pound-feet of torque. Output is routed to the rear wheels via the GM eight-speed dual-clutch automatic transmission.
Under the aggressive body panels, the C8 Z06, along with every C8 Vette variant, rides on the GM Y2 platform. Production takes place exclusively at the GM Bowling Green plant in Kentucky.