If your dealer sold the most C8 LT3s, we have some good news.
It feels as if we've been twiddling our thumbs for ages waiting for the arrival of the Chevrolet Corvette Z06, but we're nearly at the finish line. Production of the Z06 will begin in September, and Chevrolet will start allocating vehicles shortly after.
Given the current global supply and demand problem, we've wondered how Chevrolet will tackle the metaphorical flat-plane V8-powered elephant in the room. Despite Chevrolet's best efforts to stop car flippers via incentives, we do not doubt that a few people will try and flip the $100k 'Vette for at least double the price.
At least Chevrolet has control over dealer allocation, and it will follow the same strategy Nissan used to decide which dealerships would get the first batch of Zs.
Chevrolet will use a historical sales volume model to decide where to allocate the highly sought-after supercar. And yes, it is a supercar before somebody tries to get snarky in the comments section. According to a source with intimate knowledge of the matter, Chevrolet will start with a historical sales volume model and not an average day supply.
Dealers who sold the most C8 Stingray 3LT models during 2020, 2021, and 2022 will get the largest allocation. This is the most expensive trim, retailing for $77,545.
This way, Chevrolet can ensure the cars go to areas where high-end Corvettes traditionally sell well instead of just flooding the market with a batch of new vehicles. Not that Chevrolet has enough to go around, given the C8's unfortunate production history.
Once the market has settled, Chevrolet will likely move over to the average day supply model. This allocation model is based on how long a car takes to find its forever home after it hits the dealer floor. For obvious reasons, Chevrolet wants to stay away from this allocation system for as long as possible. Nothing stops a flipper from traveling state to state, scooping up several Corvettes along the way.
Chevrolet is doing the most to stop this from happening. In addition to the above, it has even threatened to void the warranty if a customer sells their car within a year. If found guilty, a customer will also lose the privilege of ordering upcoming Chevy products.