Chevrolet Will Void Owner's Warranty If They Flip Corvette Z06

Industry News / 34 Comments

This sounds like an effective means of preventing opportunists from ripping people off.

  • General Motors cautions buyers of the Z06 against flipping in the first year of ownership
  • Offenders will lose access to certain warranties
  • Future high-demand products will be off-limits

The Chevrolet Corvette Z06 has been a long time coming, and the public is very excited about it. With a flat plane crank V8 and true supercar styling, not to mention 670 horsepower under your right foot, eager buyers are desperate to get their hands on one. Of late, many in-demand cars have been sold for vastly more than the manufacturer's recommended price, and Chevy wants to stop this kind of behavior from influencing the way people perceive the Z06.

To that end, Chevrolet has enacted a number of policies to try to prevent customers from flipping their cars for vast profits, and the latest may be the most effective: Chevrolet will void your warranty if you sell your Z06 in the first year of ownership.

2023 Chevrolet Corvette Z06 Coupe Spoiler Chevrolet

In addition, customers found guilty of this will also be banned from ordering any future GM products, reports The Drive. According to a GM spokesperson who spoke with the publication, GM is "limiting the transferability of certain warranties and barring the seller from placing future sold orders or reservations if the vehicle is resold within the first 12 months of ownership."

This will be applicable to certain high-demand products, including the Z06, Cadillac's Escalade-V, and the GMC Hummer EV, although we're positive more vehicles will be added to the list in time. This is outstanding news as it means the Z06 can be what it was always meant to be: a (relatively) affordable supercar.

Why does GM care so much? Well, as has been the case in the past with both GM and other manufacturers, these overpriced flips cause damage to the brand. When a new, high-demand product is made available to the public, the prevalent stories throughout its life should pertain to the car itself. Instead, dominating the news are stories about how expensive these cars are, and manufacturers are tired of their names being dragged through the mud as a result.

For reference, the Corvette Z06 has a base MSRP of $106,395 for the 1LT trim, excluding $1,395 for destination and delivery.

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Source Credits: The Drive

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2023 Chevrolet Corvette Z06 Coupe Interior Overview
2023 Chevrolet Corvette Z06 Coupe Spoiler

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