Corvette Z06 Flippers Are Learning The Hard Way What Happens When The Hype Fades

• A loaded 2025 Corvette Z06 Convertible Z07 sold for $137,500 at a huge loss.
• The 1,300-mile car included nearly every option, including cermanic brakes.
• Z06 markups are fading fast as the market cools and supply finally catches up.

With very few exceptions that, as usual, only confirm the rule, no matter how fast a car is, the market eventually catches up to the hype around it. And that moment seems to have arrived for the Chevrolet Corvette Z06.

For months, resale listings have hinted at a slowdown, but this latest auction confirms it clearly. The once untouchable Z06 is beginning to meet reality.

Market Correction in Motion

A nearly new example from 2025 with the coveted Z07 package just hammered for a cool $137,500. That’s a steep and sharp drop from its MSRP of $169,875. Anyone who shelled out top dollar, and even perhaps over sticker for one, might be feeling the sting.

The Corvette in question, finished in Torch Red over Jet Black and Adrenaline Red leather, has just 1,300 miles on the clock and is headed to a new owner fully loaded. It includes the Z07 Performance Package, Carbon Aero Package, Engine Appearance Package, and desirable extras like the front-axle lift, carbon-ceramic Brembos, and forged Spider Design wheels.

More: The Dead 52-Mile 2023 Corvette Z06 Gets A Grim Update

Essentially, this is a dream spec, the exact kind of Z06 most high-end buyers would want. Originally delivered to Jeff Gordon Chevrolet in North Carolina in late 2024, the car’s first owner applied a ceramic coating, drove it sparingly, and ultimately traded it to the dealer who listed it on Bring A Trailer.

Ultimately, it’s not the features or the mileage, but that $137,500 sale price that matters most. Even if the selling dealer picked it up for less than that, the drop from MSRP (let alone any markup) shows how sharply the market has cooled on the Z06.

From Markups to Reality Checks

Not long ago, greedy dealers were asking tens of thousands, if not more, over sticker, especially for well-optioned examples like this. It was obvious to anyone with a cool head that this phase of speculative buying, fueled by scarcity and hype, wasn’t going to last forever.

So, while $137K is hardly small change, it serves as a reminder that the Z06’s hype bubble may be deflating. The 5.5-liter LT6 V8 still sings to 8,400 rpm, producing 670 hp (500 kW) and 460 lb-ft (624 Nm) of torque, yet the sports car’s resale calculus has shifted.

If you paid above MSRP expecting to turn a tidy profit, that ship has not only sailed but probably hit an iceberg of reality on its way out. The quick-flip days are gone, at least for now. For everyone else who sat on the sidelines rolling their eyes at dealer markups, the tables have finally turned. Patience, it seems, is the best performance option.

Credit: Bring A Trailer

The Auto World