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Z06 ADM Collapse: $1 Over MSRP Signals Market Shift
Auction Insights2026-05-18·5 min read

Z06 ADM Collapse: $1 Over MSRP Signals Market Shift

A 2026 Corvette Z06 sold for $1 over MSRP, signaling a dramatic shift in premium new-car allocations. Motivyn dissects this and other key auction results, from a softening Z3 M market to bifurcated S2000 values.

The hammer dropped on a 2026 Chevrolet Corvette Z06 Coupe 2LZ last week for precisely $100,001 on Cars & Bids. That's not a typo. It's one dollar over MSRP, and it represents more than just a transaction; it's a seismic recalibration of the new-car allocation market. This Z06 sale signals a definitive collapse of the premium Additional Dealer Markup (ADM) era for even the most coveted performance machinery, a trend Motivyn has been tracking closely. For serious collectors and dealers, this result is a direct mandate to reassess strategy.

Top Results: A Market in Motion

2026 Chevrolet Corvette Z06 Coupe 2LZ — $100,001 (Cars & Bids): The headline speaks for itself. This sale, likely for an early build slot or allocation, demonstrates that the days of six-figure ADMs for the C8 Z06 are definitively over. Motivyn data indicates the average C8 Z06 allocation was still commanding 10-20% over MSRP in Q1 2024. This $1 premium is a stark 99% reduction from those observed highs, and a clear signal of market normalization. Dealers holding firm on egregious markups will find themselves with inventory. Buyers with patience just received a strong validation.

2022 McLaren 720S Spider Performance — $200,000 (Cars & Bids): The 720S Spider, a benchmark in the supercar segment, changed hands at $200,000. For a 2022 model, this represents roughly a 39% depreciation from its original MSRP of approximately $330,000 in just under four years. While significant, this price also suggests the market is finding a floor for late-model supercars. The 720S remains a formidable driver's car, and this price point could signal a strategic entry for collectors looking for a modern, high-performance asset that has absorbed its initial depreciation hit. Expect stable pricing here for the near term, barring major economic shifts.

Honda S2000s: Bifurcated Demand: Two S2000s hit the block, illustrating a key pattern in the modern collector market. A 2004 Honda S2000 sold for a robust $63,500 on Bring a Trailer, while a 2007 Honda S2000 fetched $43,500 on the same platform. Both are AP2 generation, but the near-$20,000 delta is telling. Motivyn analysis points to condition and provenance as the primary drivers. The 2004 example likely presented in exceptional, near-concours condition with ultra-low mileage, commanding a significant premium for its pristine state. The 2007, while a solid example, likely showed more typical wear or mileage, placing it firmly in the