The Chevrolet Camaro ZL1, unveiled at the Chicago Auto Show, is expected to have a base price of $47,000 when it launches in February, 2012. While it undercuts its chief rival, the Ford Shelby GT500 by about $2,495, a base Corvette, which has a 0-60 time of under 4 seconds, but only 430 horsepower, retails for $48,950. The Corvette also avoids the gas guzzler tax, which will likely plague the Camaro ZL1 and bring the effective price up to $48,500.
Of course, this begs the question as to why one would buy a ZL1. Obviously, the potential customer is heavily invested in the idea of a Camaro, and the Magnetic Ride Control and 550-horsepower supercharged V8 are a big draw. But with the Corvette being significantly lighter than the Camaro, and designed from the ground up as a sports car, the two are effectively within spitting distance of one another, and we can’t wait for the inevitable performance shootout.
[Source: Car and Driver]