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Ok, I just sold my 1990 Vert now I've been searching for a C6 Vert. I've checked all the major websites & car dealers, I find it strange that the 'largest Corvette dealer in world' does not have any used Corvettes ?
Ok, I just sold my 1990 Vert now I've been searching for a C6 Vert. I've checked all the major websites & car dealers, I find it strange that the 'largest Corvette dealer in world' does not have any used Corvettes ?
Hmmm....I just checked their website myself & you're right. I wonder if they cleaned out their used inventory in anticipation of the 2016's coming up for sale & the trade-ins that would bring.
That's what I've read here also, they don't want to bothered with selling used corvettes'.
Then I guess I have no use for them. I'm sorry that I'm not in the market for a NEW Corvette. It's too bad that they look down to used Corvette customers. My money is green also, just not as many $ as new.
Ok, I just sold my 1990 Vert now I've been searching for a C6 Vert. I've checked all the major websites & car dealers, I find it strange that the 'largest Corvette dealer in world' does not have any used Corvettes ?
Just checked the Corvette Mike New England website and they have several C6 convertables. If you're in Acushnet it's an easy drive to Plymouth.
I could be wrong on this, but I think that there is just not enough money in a used Vette for it to be profitable for them. They could not give a customer top dollar on a trade in and a great deal on a new Vette too. Used cars can be a headache to deal with, and they sell enough new ones to not need the business.
I could be wrong on this, but I think that there is just not enough money in a used Vette for it to be profitable for them. They could not give a customer top dollar on a trade in and a great deal on a new Vette too. Used cars can be a headache to deal with, and they sell enough new ones to not need the business.
I think you hit the nail on the head. The price people with later model vettes with low mileage expect to sell their car for compared to the payment on a new vette are usually so close that as a high volume dealer, it's easier for them to sell the new vette with new car warranty and not have to deal with any of the aggravation that goes along with a used car sale. They sell well over 125 new vettes per month. One example is a local dealer has a 2012 Grand Sport with low mileage listed for $49,900.
Compare the monthly payment of a $49,900 4 model year used car with a brand new Stingray and it doesn't take a big bump in monthly payment to afford the Stingray. Most older vettes are out of warranty and if an issue occurs shortly after the sale, like the navigation stops working or the fuel tank gauges stop working, the profit from the sale can be wiped out just fixing these.
Yes, I'm aware of Corvette Mike's, and I have checked their inventory, but I think that they are on the high side pricewise. Like everyone has said USED Vettes are high right now, unless you are trying to sell. I priced mine reasonably, that's why it sold in 1 week, too the first person who saw it.
I think you hit the nail on the head. The price people with later model vettes with low mileage expect to sell their car for compared to the payment on a new vette are usually so close that as a high volume dealer, it's easier for them to sell the new vette with new car warranty and not have to deal with any of the aggravation that goes along with a used car sale. They sell well over 125 new vettes per month. One example is a local dealer has a 2012 Grand Sport with low mileage listed for $49,900.
Compare the monthly payment of a $49,900 4 model year used car with a brand new Stingray and it doesn't take a big bump in monthly payment to afford the Stingray. Most older vettes are out of warranty and if an issue occurs shortly after the sale, like the navigation stops working or the fuel tank gauges stop working, the profit from the sale can be wiped out just fixing these.
I know what you mean. I'm looking at C6, these people are trying to get $30,000 - $35,000 for a car with 30K miles Let's get real a 2005 is now 11 years old ! I will keep looking, up north here the dealer will want to get rid of convertibles before the snow flies. I've got all winter to look, and next spring the car will be 1 year older.
Then I guess I have no use for them. I'm sorry that I'm not in the market for a NEW Corvette. It's too bad that they look down to used Corvette customers. My money is green also, just not as many $ as new.
Why in heck do they "look down to used Corvette customers" just because they don't have any used Corvettes for sale??? All they've done is make a business decision not to stock used ones! When you buy them out, you can run it your way!
Talk about digging up a fake negative!
They are also giving the opportunity to the Corvette re-sellers out there. If they wanted to, they could really, really effect the used Corvette market. They choose not to.
I'll bet they do quite well on the used Corvette Wholesale Marketplace. All we have to do is go to the dealers that bought them.
Chuck M
Last edited by hotmotorsports; 09-24-2015 at 08:48 AM.
You may want to look at used corvettes in Canada. It's easy to import to the USA, and the US dollar is 30% higher than the Canadian dollar.
on a $30K car, you would save $9,000 or get it for $21K US dollars
What little paperwork you have to do is a piece of cake.
Many Canadian cars were imported from the USA when the Can dollar was higher than the US dollar from 2010-2013
You may want to look at used corvettes in Canada. It's easy to import to the USA, and the US dollar is 30% higher than the Canadian dollar.
on a $30K car, you would save $9,000 or get it for $21K US dollars
What little paperwork you have to do is a piece of cake.
Many Canadian cars were imported from the USA when the Can dollar was higher than the US dollar from 2010-2013
Excellent point! I hadn't thought of that.
Isn't there an import tax, double sales tax, and waiting period. Plus you have to find an import company to do the paperwork at about $450?
That's how I remember doing it with a company that bought dump trucks there (in year 1999 or 2000 +-).
Why in heck do they "look down to used Corvette customers" just because they don't have any used Corvettes for sale??? All they've done is make a business decision not to stock used ones! When you buy them out, you can run it your way!
Talk about digging up a fake negative!
WOW ! Hit a nerve did I ? I didn't mean to **** in your cornflakes. I just stated that I'm kind of insulted that they a only want NEW Corvette money. All the people out there selling their cars themselves think that they are dealers with their high prices. Remember personal sales you get no warranty. I am seeing crazy prices for 10 - 11 year old cars with 30k - 50k miles. I'll keep looking, I'm in no hurry.
Isn't there an import tax, double sales tax, and waiting period. Plus you have to find an import company to do the paperwork at about $450?
That's how I remember doing it with a company that bought dump trucks there (in year 1999 or 2000 +-).
Chuck M
When I imported my car in 2009 from the US into Canada,. all I paid was the federal tax when I entered into Canada. I then paid my provincial tax when I registered the car in my city.
The fee at the border was approx $200.00 for the Customs fees (paperwork mostly)
You just need to fax a copy of the following to the Canadian border that you will be crossing at. Vehicle registration , the sales invoice (receipt), and have proof that all the recalls have been done on the vehicle. You can get that from any GM dealer in the US or Canada, or from the GM head office. It just has to be on a GM letterhead or a GM dealer letterhead.
The dealers won't charge you anything, but the GM head office will charge you $250.00
I didn't use a broker to do this when I imported. It's real simple to do.
As long as you have a copy of the paperwork at the customs (Canada for you, US for me)
I stopped at the border crossing US side, showed them the original paperwork, they check it against the faxed copies, check the VIN # of the vehicle, and make sure it's the same as on the registration, then I went to the Canadian border and paid the federal tax, the Customs fee, then I was on my way.
Also, you will need to get a temporary plate for your car, which is about $20.00 from the DMV.
Since the NAFTA agreement between US-Canada -Mexico, its easy to import or export cars between the 3 countries.
BTW, if you buy from a dealer in Canada, they will help you with the process, get your temp plate, get the registration in your name, etc.
09-23-2015, 12:17 PM
Kerbeck Corvette
Let's get real a 2005 is now 11 years old ! I will keep looking, up north here the dealer will want to get rid of convertibles before the snow flies. I've got all winter to look, and next spring the car will be 1 year older.
