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Old 12-23-2022   #1
Corvette95
 
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Default Zip Corvettes acquired by Legendary Companies

Ran across this while looking for something else. Zip Corvettes acquired by Legendary companies that also owns Paragon Corvette and Corvette Central brands among many others. Seems to be a consolidation firm. I have nothing negative to say about them, don't know anything about them prior to this but, in my experience, large companies buying out smaller companies, especially multiple smaller companies in the same market, is not a good thing for consumers. Again, just my opinion. Hope I am wrong.

https://fox2now.com/business/press-r...ary-companies/
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Last edited by Corvette95; 12-23-2022 at 08:25 PM.
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Old 12-23-2022   #2
XfireZ51
 
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Default Re: Ran across this while looking for something else. Zip Corvettes acquired by compa

Monopolies are not a good thing for diversity and competition. Just look at Comcast when it comes to internet.
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Old 12-23-2022   #3
conesare2seconds
 
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Default Re: Ran across this while looking for something else. Zip Corvettes acquired by compa

Eckler?s and Mid-America are the bigs but there is still Corvette Central, Zip and others.
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Old 12-23-2022   #4
XfireZ51
 
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Default Re: Ran across this while looking for something else. Zip Corvettes acquired by compa

I think the OP states that Zip was purchased by an aggregator that also owns Corvette Central and Paragon. Ur seeing consolidation in this market which is inevitable.
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1972 Corvette 4speed base Coupe SOLD long time ago
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1992 Corvette ZR-1 Black Rose/Cognac #458
2014 Honda VFR Interceptor DX

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Old 12-24-2022   #5
Corvette95
 
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Default Re: Ran across this while looking for something else. Zip Corvettes acquired by compa

Quote:
Originally Posted by conesare2seconds View Post
Eckler?s and Mid-America are the bigs but there is still Corvette Central, Zip and others.
Not sure if I am reading your post correctly but this company that bought Zip Corvette parts owns the other two places you mentioned.
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1989 C4 Conv Wht/Gry Auto Hardtop Top Flight SOLD
1995 C4 Coupe Purple/Blk 6 Speed
1989 C4 Conv Wht/Red Auto SOLD
1996 C4 Conv Black/Tan Auto SOLD
1994 C4 Coupe Wht/Blk SOLD
1995 C4 ZR-1 White/Gry #278 Dual Dunn Head SOLD
1986 C4 Coupe Black/Red 4+3 SOLD
1990 C4 ZR-1 Red/Red #0454
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Old 12-27-2022   #6
phrogs
 
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Default Re: Ran across this while looking for something else. Zip Corvettes acquired by compa

Paragon has been my go to for my 68 Corvette's for years.
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Old 12-29-2022   #7
Z51JEFF
 
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Default Re: Ran across this while looking for something else. Zip Corvettes acquired by compa

Quote:
Originally Posted by phrogs View Post
Paragon has been my go to for my 68 Corvette's for years.
Yes,Paragon seems to be the best place for C3 parts. When I need something for my 75 I look at Paragon first but their website absolutely sucks,almost impossible to navagate it and find something.
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Old 12-27-2022   #8
conesare2seconds
 
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Default Re: Ran across this while looking for something else. Zip Corvettes acquired by compa

Acknowledging ZIp and CC are owned by the same parent, I wouldn?t characterize any of the three as having a monopoly. So - respectfully, not sure what that talk is about.
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Old 12-27-2022   #9
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Default Re: Ran across this while looking for something else. Zip Corvettes acquired by compa

Quote:
Originally Posted by conesare2seconds View Post
Acknowledging ZIp and CC are owned by the same parent, I wouldn?t characterize any of the three as having a monopoly. So - respectfully, not sure what that talk is about.
Those are three of the largest providers of Corvette parts combined under a single corporate structure. Depending on the market share, it very well could represent monopolistic competition or at the least an oligopoly along w Ecklers and MidAmerica.
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Old 12-31-2022   #10
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Default Re: Ran across this while looking for something else. Zip Corvettes acquired by compa

Word is, MidAmerica was recently sold as well. One of the major online parts companies if I remember right.

I've been attempting to buy every missing part I need to get my 67' small block car back on the road while getting all the original parts for my 70 Lt-1 restored/rebuilt while I still can. I've seen too many corporate buy outs in the past few years from breweries ( Oskar Blues here in Colorado) to car care products ( Adams) and the product quality suffers as a result.
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