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-   -   All 500 2014 Z/28 Sold; GM to Quintuple Production for 2015 (http://www.camaro5.com/forums/showthread.php?t=354317)

Indydriver 04-22-2014 02:39 AM

All 500 2014 Z/28 Sold; GM to Quintuple Production for 2015
 
Each and every example of the 2014 Camaro Z/28 has been spoken for according to Camaro chief engineer Al Oppenheiser. While certain people were too busy whining about the $75,000 price tag, Chevrolet decided it will build 2,500 units of the 2015 model year Z/28 according to an AutoGuide report.

It's easy to understand why a high-priced stripped-out race car for the road sold out on such a short nice. A certain automotive publication tested the 2014 Camaro Z/28 and 2014 Nissan GT-R in Track Edition flavor head-to-head on a closed circuit.

While the rear-wheel drive American muscle car features a 7-liter naturally aspirated V8 that churns out "only" 505 horsepower and 481 lb-ft (652 Nm) of torque, the Z/28 managed to set a faster lap than the all-wheel drive Nissan GT-R Track Edition, which has a twin-turbo V6 under its bonnet with 545 horsepower and 463 lb-ft (627 Nm) of torque on tap.

Of course, the Nissan GT-R is the better daily driver between the two, but the track-focused Z/28 is just what the doctored ordered on those sunny Sundays when some people fancy a full-on pedal-to-the-metal B-road experience more than a drag race off the lights.

If you missed out on the '14MY, you'd better get your chequebook ready cause General Motors announced that the 2015 Camaro Z/28 will be available for order in the next four to six weeks.

Zfatuated 04-22-2014 08:07 AM

"But that doesn’t mean Chevrolet plans to constrain production of the $75,000 muscle car. Oppenheiser said the company plans to produce to demand and projects that it will build 2,500 for the 2015 model year, although more will be made if the demand exists. "

So, only 2014 is limited production. 2015 is build-to-demand as many here suggested would happen. I personally thought they would limit the build so I was wrong about that and I accept my helping of crow. GM is a business and one that has, and is, facing a many challenges (as are nearly all manufacturers), so it's perfectly understandable that they would build as many as can be sold.

The good news for enthusiasts is that now you are not risking a $100k+ collector car to take it on track and it is now a commodity as any car would be and prices on used ones will be reasonable.

As much as I am unhappy future values will not be through the roof, I am more happy to know there will be a bunch of these on track to play with :biggrin:

90503 04-22-2014 08:25 AM

I wouldn't expect much more over 2500, even with higher demand....How long did it take to build the first 500?....Maybe only so many can be built in a certain amount of time anyhow......And, it's a fifth-gen car....They're gonna have to end it at some point regardless of demand....

Col. Brain 04-22-2014 09:02 AM

when it was released they said "anyone who wants one can have one"

Price is a big barrier to entry but it is good to know that these cars will be out and about. And that next summer I may still get one!

brt3 04-22-2014 09:07 AM

Seems like the biggest limiting factor might be engine supply?

brt3 04-22-2014 10:07 AM

One question: how is this any different than what's been said from the beginning? Back in October AutoWeek said, "Production is slated to begin during the first quarter of 2014, with sales beginning late that quarter. Oppenheiser believes Chevy will build between 3,000 and 4,000 Z/28s over two years and says that it will be more expensive than the ZL1."

I think Al was quoted at some point stating that production would be something like "around 2,500 to 3,000 units". At this point, 2,500 2015 units + the 350 2014 units = 2,850 total units. Still pretty limited, no?

I just remember very early on thinking that with rough production numbers of 3,000, there were not enough units for every Chevy dealer to get one...

McRat 04-22-2014 10:23 AM

Just a dumb guess. Starting in mid 2015, these cars will be showing up on the used market, and perhaps 25% cheaper than MSRP.

Why? Much like the first Z06's, they aren't for everyone. They are loud, have limited storage, and stiff clutches. People who thought they wanted one to drive will sell them.

You should have heard all the snivelers on forums:

"Something is wrong with my engine! It's making noises!"
"My cats must be bad, after 2 hours the trans tunnel is burning my leg!"

Same thing will happen.

Skylane765 04-22-2014 10:50 AM

Quote:

Originally Posted by brt3 (Post 7601866)
One question: how is this any different than what's been said from the beginning? Back in October AutoWeek said, "Production is slated to begin during the first quarter of 2014, with sales beginning late that quarter. Oppenheiser believes Chevy will build between 3,000 and 4,000 Z/28s over two years and says that it will be more expensive than the ZL1."

I think Al was quoted at some point stating that production would be something like "around 2,500 to 3,000 units". At this point, 2,500 2015 units + the 350 2014 units = 2,850 total units. Still pretty limited, no?

I just remember very early on thinking that with rough production numbers of 3,000, there were not enough units for every Chevy dealer to get one...

That's right! It was always 2500 for 15

Zfatuated 04-22-2014 12:04 PM

" although more will be made if the demand exists. "

That's the new part to me.

thespymaster 04-22-2014 12:13 PM

I would expect nothing less than a complete sell-out for the first 500!

Camaro Team did an excellent job with the Z/28

shaffe 04-22-2014 12:20 PM

Quote:

Originally Posted by Zfatuated (Post 7601535)
"
As much as I am unhappy future values will not be through the roof, I am more happy to know there will be a bunch of these on track to play with :biggrin:

i would still bet more end up garage queens then track stars, I would love to be wrong on that though.

Aren't they also limited by CAFE though?

Skylane765 04-22-2014 12:46 PM

Yes

Skylane765 04-22-2014 12:50 PM

Quote:

Originally Posted by Zfatuated (Post 7602214)
" although more will be made if the demand exists. "

That's the new part to me.

It said they MAY be made if demand exists. (Missed the MAY in the sentence)I would think they will make as many as they can sell, they are in business to make money.

brt3 04-22-2014 01:10 PM

Quote:

Originally Posted by McRat (Post 7601900)
Just a dumb guess. Starting in mid 2015, these cars will be showing up on the used market, and perhaps 25% cheaper than MSRP.

Why? Much like the first Z06's, they aren't for everyone. They are loud, have limited storage, and stiff clutches. People who thought they wanted one to drive will sell them.

You should have heard all the snivelers on forums:

"Something is wrong with my engine! It's making noises!"
"My cats must be bad, after 2 hours the trans tunnel is burning my leg!"

Same thing will happen.

This is 100% correct. I have seen this before, and it's typical for the "latest, hottest, best reviewed" cars. People who can afford anything have to have it. Then they begin to realize that it wasn't the best choice for them. A great example of this are the AMG Black Series cars. They sell for over MSRP at first and are very hard to get, then the market gets over-saturated [just a bit], as the wannabes get rid of their cars.

IMHO a good time to pick one up will be Feb/2015; I think a lot of the poseurs will be ready to trade at that point and the market will start to become a little bit saturated.

I could be wrong, of course (it's happened once or, perhaps, twice before ;) ). It may just be that there are more track junkies -- for whom this is the perfect car -- than I realize.

My guess is that the used market will bottom out around $60K for these cars, then slowly tick upwards after production ends. But I could honestly care less, as I plan to do my best to wear mine out on the track. Appreciation will be nice -- but it is almost impossible to buy something current and predict whether it will be worth anything down the road [with a few exceptions, like the Ford GT]...

Col. Brain 04-22-2014 01:11 PM

Quote:

Originally Posted by Zfatuated (Post 7602214)
" although more will be made if the demand exists. "

That's the new part to me.


doing an honest assesment of this car - i still believe that they could have sold it for 65k range and made a profit.

Which means they are making about 10k over and above because of what it is.

Whether or not my numbers are right - the new GM is here to make profits on everything. If the Z/28 is selling like hot cakes - they will keep making them. They would be stupid not to

McRat 04-22-2014 01:14 PM

The Ford Mustang Laguna Seca's are already on the used market under MSRP, even though it was a limited run (1500) and $50k MSRP (many dealers marked them up significantly).

Skylane765 04-22-2014 01:15 PM

Quote:

Originally Posted by Col. Brain (Post 7602361)
doing an honest assesment of this car - i still believe that they could have sold it for 65k range and made a profit.

Which means they are making about 10k over and above because of what it is.

Whether or not my numbers are right - the new GM is here to make profits on everything. If the Z/28 is selling like hot cakes - they will keep making them. They would be stupid not to

CAFE restricts the amount to build.

LBreezie 04-22-2014 01:16 PM

Quote:

Originally Posted by Col. Brain (Post 7602361)
doing an honest assesment of this car - i still believe that they could have sold it for 65k range and made a profit.

Which means they are making about 10k over and above because of what it is.

Whether or not my numbers are right - the new GM is here to make profits on everything. If the Z/28 is selling like hot cakes - they will keep making them. They would be stupid not to

Why wouldn't they? Why would the old gm limit production? That's such a stupid business model to not make something that has high demand.

LBreezie 04-22-2014 01:18 PM

Quote:

Originally Posted by Skylane765 (Post 7602371)
CAFE restricts the amount to build.

How so? If it is up to emission standards why does the government care?

Col. Brain 04-22-2014 01:22 PM

Quote:

Originally Posted by shaffe (Post 7602255)
Aren't they also limited by CAFE though?

in 2013 Chevy sold 1.9M cars/trucks

in 2009 (i couldnt find a 2013 camaro numbers) sold 62,000 Camaros


So 3% of cars are Camaros
It becomes .03% for just the 500 Z/28s

And if 3000 for 2015 it will be .16% of total production.

I am forgetting how CAFE is calculated now but i think the LS7 in the Camaro will be fine......for now

Plus i didnt think the hammer fell until 2016 on new CAFE regulations

LBreezie 04-22-2014 01:25 PM

F@&k cafe standards

brt3 04-22-2014 01:25 PM

Quote:

Originally Posted by LBreezie (Post 7602381)
How so? If it is up to emission standards why does the government care?

Because there are penalties if GM doesn't meet the Corporate Average Fuel Economy rules. Essentially this won't be much of an issue with the Z/28, since the number of units build will be tiny. GM builds a lot of Cruzes, etc., that offset the lower mileage, but the real issue are things like trucks and SUVs -- the huge number of units sold there make a big impact and are much harder to balance out...

Col. Brain 04-22-2014 01:26 PM

Quote:

Originally Posted by Skylane765 (Post 7602371)
CAFE restricts the amount to build.

to a point but even at 3000 total units i don't think it moves the CAFE needle much


going to reread the CAFE standards before i make an ass of myself (if i already did) ;)

McRat 04-22-2014 01:52 PM

Quote:

Originally Posted by brt3 (Post 7602357)
... [with a few exceptions, like the Ford GT]...

The Ford GT is an interesting case. They made a lot of them as far as limited production goes, over 4,000. And while the MSRP was $150k, very few sold for under $200k, some of them sold for over $250k.

Today, you can pick them up for $150-$250k based on latest Ebay SOLD prices. Hence, some people could have lost money on them.

So even they aren't necessarily collectible.

I would not be surprised if they go back under MSRP in the future due to the high production numbers. Very few modern cars ever become collectible.

shaffe 04-22-2014 02:16 PM

Quote:

Originally Posted by Col. Brain (Post 7602395)
in 2013 Chevy sold 1.9M cars/trucks

in 2009 (i couldnt find a 2013 camaro numbers) sold 62,000 Camaros


So 3% of cars are Camaros
It becomes .03% for just the 500 Z/28s

And if 3000 for 2015 it will be .16% of total production.

I am forgetting how CAFE is calculated now but i think the LS7 in the Camaro will be fine......for now

Plus i didnt think the hammer fell until 2016 on new CAFE regulations

I was just going by memory...IIRC Fbodfather himself stated part of the reason for a low build number or high cost or something was CAFE


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