Thread: Summit Point
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Old 10-18-2020, 05:25 PM   #43
Eastern Promises
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Join Date: Oct 2003
Carmudgeonly Ride: Blue Pig
Posts: 14,257
Originally Posted by clyde View Post

The forces acting upon used car market as a whole right now are so massive and distorting hereís nothing to find thatís model specific in niche cars like these. Itís like trying to measure the difference pouring in the Olympic pool sized volume of water before and after pouring in a Yeti coolerís worth of melted ice.

Then add the super limited C8 production capacity, that many dealers are now selling MY22 allocations they hope to one day have if theyíre not driven out of business long before that, etc.

Hotter C8 models that are sure to follow are going to make people paying ridiculous sums for existing, but poorly built from suspect materials, C8 examples quite unhappy in the next year or two.

The limited C8 supply has driven the ZL1 market crazy.

I watch these cars like a hawk and they donít sit for long. I track them daily. Like any other quant nerd.

And when I ask Chevy dealers, itís because guys would rather go with something like a ZL1 than try to pay DMA on any unclaimed C8s.

I think this is in addition to any COVID19 weirdness.

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