Chevy is offering rewards to prevent owners from flipping their new Corvette Z06 for tens of thousands of dollars.
will start at $106,395 and $113,895 , and GM is already actively worried about owners flipping their new cars after delivery for way over sticker price. In an apparent effort to discourage the practice, Chevrolet is offering Z06 owners up to $5,000 worth of"points" through the company's owner rewards program, though it likely won't be enough.
So what does that $5,000 buy you? According to the Chevrolet Rewards website, owners will be able to spend those 500,000 points on payments for services like OnStar and other connected plans, as well as pay for service visits at the dealership, or for additional vehicle parts and accessories. It's unclear when or if the points expire at any point. CorvetteBlogger reported that the rewards could be tied to a non-transferable vehicle warranty, but that turned out to be a false rumor.
At such a relatively low value, Chevy's incentive seems unlikely to prevent most people who want to flip their Z06 from doing so.