Hate to say there is definitely a lot of bias here. The ZL1 outperforms the Z in every category except braking. It is a heavy car and may not feel as nimble as the Z, but when put to the test it will beat the Z with room to spare. Granted it does have a distinct power advantage. It's still a very well designed car.
That said, why the ZL1 over a C7 Corvette? Base price on a Vette is cheaper, the Vette is way lighter, quicker 0-60, better handling, better gas mileage, and looks better IMO. Even with the Z51 package and magnetic ride control, it comes out the same price as the ZL1. You can go much higher on the Vette of course, but you don't have to.
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