Forget Markups, Some Dealers Are Straight-Up Auctioning Corvette Z06 Build Slots

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The dealer that auctioned off its Z06 allocation is donating the $71,0000 winning bid to charity.

, Classic Chevrolet Sugarland in Texas is auctioning off the allocation for the car rather than a Z06 itself. Instead of waiting in line to pay market price, buyers are being asked to bid on the right to buy the next Z06 that the dealer gets. So, if that auction goes for $10,000 or $20,000, all that secures is the right to buy that Corvette. What it doesn't include is the Corvette.does not rule out additional markups.

Reached for comment, CTO of Classic Chevrolet Sugarland John Rodkey noted that's not actually how it went down. And, importantly, this isn't a case of corporate greed. The dealership held the auction to benefit charities in its community, initially promising to distribute some of the proceeds to local organizations.

This content is imported from Twitter. You may be able to find the same content in another format, or you may be able to find more information, at their web site. How do you get around selling Z06s for MSRP? Auction off the allocation to the highest bidder then sell the car to them for MSRP.

 

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For a sweet tax write off. Smart.

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Forget Markups, Some Dealers Are Straight-Up Auctioning Corvette Z06 Build SlotsGM will void your warranty if you try to flip your Z06, but it looks like that won't be enough to stop astronomical market pricing. This is insane Z06 isn’t a low production car! Is this legal? Is it wrong for the market to bear what the market will bear?
Source: RoadandTrack - 🏆 577. / 51 Read more »

Forget Markups, Some Dealers Are Straight-Up Auctioning Corvette Z06 Build SlotsGM will void your warranty if you try to flip your Z06, but it looks like that won't be enough to stop astronomical market pricing. This is insane Z06 isn’t a low production car! Is this legal? Is it wrong for the market to bear what the market will bear?
Source: RoadandTrack - 🏆 577. / 51 Read more »