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Is the Porsche Cayman not quick enough? The 2024 Chevrolet Corvette Z06 sports car might tempt you, but how much will it cost?

The Corvette Z06 has a meaner look than the Stingray.

The first example of the track-focused Chevrolet Corvette Z06 has hit Australian shores ahead of an on-sale date later this year.

But American muscle car fans will have to have deep pockets for the new performance flagship, coming in at $336,000 before on-road costs.

Greg Rowe, the Director of Chevrolet importer and remanufacturer, GMSV, told CarsGuide this week that pricing might not be confirmed until the second half of the year.

It's quite a bit more than the existing Stingray 3LT Coupe - the Z06 getting a different powertrain and additional performance parts - that currently tops the hardtop range at $160,500 before on-road costs.

Another new Corvette variant is also locked and loaded for Australia and New Zealand - the petrol-electric hybrid E-Ray. Details on the E-Ray aren’t yet clear, though it is likely to be pricier than the Stingray but more affordable than the Z06.

Rowe said that despite the fact that GMSV has seen healthy pre-launch interest for the Corvette Z06.

The Z06 could easily top 0,000, while some reports have it significantly higher than that.

While anticipation for Z06 is high, its exclusivity means the Stingray will remain the most popular variant, according to GMSV Marketing and Communications Manager, Jodie Lennon.

“The tyres on this (Z06) really are sort of set for track. And Stingray is more of your everyday drive. So what we'll find is that there's a lot of track enthusiasts for this particular vehicle and it will be in smaller volumes.”

GMSV was born from the ashes of Holden and Holden Special Vehicles and it is a subsidiary of GM. As well as remanufacturing Chevrolet Silverado pick-ups to right-hand drive in Walkinshaw-owned Premoso's Dandenong, Melbourne facility, GMSV also launched the factory-built right-hand drive Corvette in mid-2022 sourced from GM’s Bowling Green, Kentucky plant.

Offered in coupe and convertible guise, the Corvette currently starts from $144,990 before on-road costs for the 2LT coupe.

The Z06 comes with the largest wheels ever available on a production Corvette.

The Z06 differs from the Stingray in a few areas, but the biggest difference is that it does away with the 369kW/637Nm 6.2-litre V8 engine and replaces it with a new LT6 5.5-litre naturally aspirated petrol unit pumping out 500kW and 624Nm, driving the rear wheels via an eight-speed dual-clutch transmission.

It makes for a 0-60mp/h time of 2.6 seconds, which translates roughly to a sub-3.0-second 0-100km/h dash time.

Helping ensure this track weapon stops is the inclusion of larger 14.6-inch front and 15-inch rear Brembo rotors, and six-piston front callipers compared to four-piston calipers on the Stingray.

It also comes with the largest wheels ever available on a production Corvette - 20-inch forged aluminium ‘Spider’ wheels at the front and 21-inch at the rear.

Inside the Z06 3LZ features a carbon-fibre-appointed steering wheel, carbon-fibre paddle shifters, and bucket seats with Nappa leather and carbon-fibre inserts.

Tim Nicholson
Managing Editor
Calling out the make and model of every single car he saw as a toddler might have challenged his parents’ patience, but it was clearly a starting point for Tim Nicholson’s journey into automotive journalism. Tim launched the program, Fender Bender, on community radio station JOY 94.9 during completion of his Master of Arts (Media and Communications). This led to an entry role at industry publication GoAuto, before eventually taking the role of Managing Editor. A stint as RACV’s Motoring Editor – including being an Australia’s Best Cars judge – provided a different perspective to automotive media, before leading him to CarsGuide where he started as a Contributing Journalist in September 2021, and transitioned to Senior Editor in April 2022, before becoming Managing Editor in December 2022.
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