• Jul 19th 2010 at 10:31AM
  • 28
2009 Chevrolet Corvette ZR1 – Click above for high-res image gallery

While overall auto sales have recovered somewhat from the depths of early 2009, things are still pretty slow compared to their peaks. General Motors has done a decent job of avoiding too many customer rebates since it emerged from bankruptcy a year ago by controlling inventories. However, that's a lot harder to do with low volume cars like the Corvette and especially the ZR1. Balancing adequate dealer stock and too many cars is tough when the numbers are so modest to begin with.

With the 2010 model year winding down, GM reportedly still has about 500 ZR1s in stock and is now offering $3,000 cash back or zero percent financing on 2010 models. If you look hard, you may even find one of a dozen or so 2009 models left over which will get you $5,000 off the sticker price. Unfortunately the 2009s aren't equipped the very effective and easy-to-use launch control system that became standard on the '10s, but it's still a deal if you can get one.

Update: General Motors spokesman David Caldwell let us know that the incentives are not just for the ZR1. GM simply removed the previous exclusion of the ZR1 so that existing Corvette rebates now apply to the supercharged model.

Photos by Sam Abuelsamid and Max Abuelsamid / Copyright ©2010 Weblogs, Inc.

[Source: CorvetteBlogger]

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    • 1 Second Ago
      • 5 Years Ago
      Dealers's market price adjustment by adding on average $11k above the ZR-1's retail price and now they have a hard time selling them?? Hmmm......I wonder why.....
      • 5 Years Ago
      Hope they start selling or else GM won't be making cars like this in the future.
      • 5 Years Ago
      Umm, the Camaro and ZR-1 are far from comparable? It been shown so far by every Camaro tuner, that 600hp doesn't make it handle or give you significant straightline performance(IMO) over the SS. It's still a 4000lb car with a big engine.
      • 5 Years Ago
      I'll tell you what WOULD move these cars - that old marketing gimick of sliding in just under the next "0" in the price tag. $3,000 might not seem like much cash on the hood, but if they somehow could squeeze another $3,000 in and sell it for $99,999.99 - I bet their inventory would dry up overnight. Think of the automotive headlines they could capture by highlighting this as the best car on the road under 100 grand. Of course, I don't know how much margin is in the ZR-1, but I think it invoices at $99k or thereabouts.
        • 5 Years Ago
        The new ZR1 costs at least 111k...add another 10% for sales tax,registration fees and other taxes and it goes up to about 125k.Than add a few needed options like navigation and heated seats and u easily get up to 135k...

        THAT is the real price of this car.So even an idiot can see that it will never cost under 100k
        • 5 Years Ago
        Haha what a pathetic doucebag you are...I mean what kind of idiot sits here waiting for people to reply to his ignorant comments and than starts insulting them.I guess you already made a fool of yourself.
        After your comments no one even takes you seriously :)

        p.s. And Yes,I actually think your are stupid enough not to know that noone sells supercars at invoice....
      • 5 Years Ago
      One of the big 'attractions' of this vehicle is the supercar performance for a fraction of the price of other supercars. If the car is this good why isn't there a 3 to 4 month waiting list for it instead of cars languishing on dealer lots? Could it be that it really isn't as good as the GM fanboys would have us believe? Or, is it the usual GM scenario: Mindblowing performance but starts to fall apart after a few months? Well it simple really, who in their right mind who has $110,000 to spend on a car would go next or near a GM dealer? Who? I mean apart from the brain-dead GM fanboys that pollute this and many other automotive blogs?
      • 5 Years Ago
      Call me when I can use my full balance of GM Card points.....
      • 5 Years Ago
      Dealers must stop marking them up.
      • 5 Years Ago
      Just so you know..

      The 0% financing actually saves you $200 per month in finance costs (estimated 4% interest)

      This also lets you not put out $100k up front (allowing these rich smart folks to invest their money and make more while we all suffer).

      I agree on the $3000. If you have enough money to buy one of these, I don't think that person is stupid enough to take the $3000 cash. I'd rather take the 0% financing and put the elsewhere.

      Also agree with some - why not make this a LOW VOLUME - really 500 are sitting in lots? They should only be making like 500 per year.
      • 5 Years Ago
      Picking mine up this evening. Wow.
      • 5 Years Ago
      I think GM cannibalized ZR-1 sales, when they offered everything that made the ZR-1 special in the Z06. Carbon fiber body parts, wheels, ceramic brakes and arguably the most significant ZR-1 component, the magnetic shocks. Why would you spend $30K+ for a ZR-1, when you can get a lighter Z06 which is only an exhaust, headers and intake away from 600hp? It makes not sense, the enthusiast choice is obviously the Z06.
        • 5 Years Ago
        Yep,there is alot of truth in your words...However i think that the ZR1 still has other things that are special.Like....the plexiglas hood...and other stuff^^
      • 5 Years Ago
      People see a $50k Grand Sport and a $110k ZR1 and probably say to themselves..."$60k diff for what? Looks like the same car!"

      For $110k, I would want more exclusivity. Like an Aston Martin Vantage (sure it's slower, but so what!) or a 911 GT3.
      • 5 Years Ago
      Yes, I heard a month ago that there was something like upper 400's on lots. I got mine for 9k under sticker where they were fetching 10k+ over sticker on release in 2009. I don't know if you will REALLY get 3k back, since they are selling under sticker, the dealer can easily say that that 3k is taken off at the sale price. Of course, incentives usually work that way, it's rare that you actually get it, it's often used to balance the numbers better.
        • 5 Years Ago
        Major Geek...a rebate goes to the consumer..you would have signed a form at your dealership showing the rebate. Looking it up you paid invoice for the car minus the $3000 rebate. The dealer made less than $3000 selling you a car that is/has been highly sought after. That is a good deal if you ask me. But just to clarify..the rebate EVERYONE gets...they cant be used to fudge numbers like Dealer Cash which is a completly different animal.
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