by Failed Attempt to Sell a 2017 Chevrolet Camaro ZL1
A recent auction failed to sell a 2017 Chevrolet Camaro ZL1. This car is equipped with a supercharged 6.2-liter V8 engine that produces 650 horsepower and 650 lb-ft of torque. Despite its age, this ZL1 has only traveled 448 miles, as it sat in storage for eight years.
Choice Between a Corvette and a Camaro
If you had about $60,000 to buy a sports car from Chevy, would you choose a brand-new Corvette Stingray or a 2017 Camaro ZL1 with a few hundred miles on the odometer? For many enthusiasts, the Corvette might seem like the obvious choice; however, someone recently offered $58,000 for this nearly perfect ZL1. The problem was that the dealer did not want to part with this muscle car.
Vehicle Condition and Specifications
Among used Camaro ZL1s, this example can be considered one of the best-preserved. It is painted Jet Black and has a clean, accident-free history. The car’s engine is paired with a 10-speed automatic transmission that delivers power to the rear wheels. Although this model does not have the 1LE package, which includes aerodynamic improvements, some buyers may prefer its less aggressive design.
Market Value and Competition
When the 2017 Camaro ZL1 hit the market, its base price was around $63,000, which was a good deal considering its performance. However, a few years later, the 760-horsepower Ford Mustang Shelby GT500 stole some of the ZL1’s thunder. The seller of this car was perhaps wise not to accept the high bid of $58,000, as its future appreciation remains uncertain, especially due to the lack of a limited production run.
The question remains open: is a low-mileage Camaro ZL1 worth almost as much as its original sticker price of $69,195 with options, or should buyers expect a greater discount for an eight-year-old car? The story of this model is a reminder of the rapid changes in the automotive industry, where technology and power are constantly evolving, impacting the long-term value of even the brightest stars.
