Who will buy at MSRP?
#61
Le Mans Master
Thread Starter
#62
Team Owner
I wonder how many 2005 C6 and 2006 Z06 buyers paid MSRP or more when they bought? That's not unusual, guess it depends on how long you want to wait before buying a C7.
#63
Safety Car
I see no problem paying MSRP for a C7, as I strongly believe buyers are getting what they are paying for. I'd go even further to say with the C7 you are really getting more than what Im paying for.. as nothing in the $55-60k price range can touch the C7 in my opinion. Where else can you find a $55k car that has an aluminum frame, 0-60 in less than 4 seconds, exotic supercar looks and world class interior with the latest & greatest technology?
That said.. my budget for a "new" car has never been pass the $30k range. And a $30k loan.. is the limit of what I spend on any car.. new or old. As much as I love the C7 announcement, it has not changed my position. Two years ago, when I went shopping for a C6 I was able to stay under my budget of $30k. And 2-3 years from now when the C6 I purchased is paid off.. I'll be looking to trade it in for a pre-owned C7.
I figure if my C6 has a trade-in value of $20k. And I'm willing to trade that car + take on a new $30k car loan. I will then have $50k worth of buying power for a newer C7. That should be more than enough $$$ to get me into a C7 sometime around 2015.. all while having a reasonable car payment of no more than $500 monthly. Who knows.. in 2-3 years I may be able to get into a new C7 for that $50k buying power.. as dealers will surely have loyalty incentives for current Corvette owners.
I love having a plan for my goals. Its keeps me grounded, financially responsible and forces me to be grateful for things that I am able to purchase and own. It also gives me a realistic plan to enjoy the things I want in life, without having to wait until retirement or burdening myself in debt.
That said.. my budget for a "new" car has never been pass the $30k range. And a $30k loan.. is the limit of what I spend on any car.. new or old. As much as I love the C7 announcement, it has not changed my position. Two years ago, when I went shopping for a C6 I was able to stay under my budget of $30k. And 2-3 years from now when the C6 I purchased is paid off.. I'll be looking to trade it in for a pre-owned C7.
I figure if my C6 has a trade-in value of $20k. And I'm willing to trade that car + take on a new $30k car loan. I will then have $50k worth of buying power for a newer C7. That should be more than enough $$$ to get me into a C7 sometime around 2015.. all while having a reasonable car payment of no more than $500 monthly. Who knows.. in 2-3 years I may be able to get into a new C7 for that $50k buying power.. as dealers will surely have loyalty incentives for current Corvette owners.
I love having a plan for my goals. Its keeps me grounded, financially responsible and forces me to be grateful for things that I am able to purchase and own. It also gives me a realistic plan to enjoy the things I want in life, without having to wait until retirement or burdening myself in debt.
Last edited by Daekwan06; 01-20-2013 at 11:02 AM.
#64
#65
Le Mans Master
Thread Starter
There are plenty of GS coupes with 70K+ MSRPs on the lot. (See MacMulkin). And remember there are two models that are even more expensive. The C7, I feel, is there to replace the GS since very few people bought the base coupe since 2010. That's why I think the C7 pricing will be in-line with the GS coupe.
#66
Safety Car
Member Since: Dec 2004
Location: Tucson AZ
Posts: 4,276
Likes: 0
Received 8 Likes
on
4 Posts
St. Jude Donor '08-'09-'10-'11-'12-'13-'14-'15
A lot of folks - I remember when the C6 first became available, buyers were routinely paying MSRP. I purchased one of the first C6 convertibles...from a forum dealership...paid MSRP. If you wanted to be one of the first to own the latest/greatest - you pay the going rate...all about supply/demand.
#67
Team Owner
Member Since: Sep 2005
Location: Big Bend Country, TX
Posts: 29,114
Received 2,186 Likes
on
1,337 Posts
St. Jude Donor '06-'07-'08-'09-'10-'11-'12-'13-'14-'15- '16-'17-‘18-‘19-'20-'21
NCM Lifetime Member
Not only that, with the 2014 being a short model yr, the best bet would be to simply wait for the ramp up to 2015. There will be plenty of 2014's let over at huge discounts.
#68
There are plenty of GS coupes with 70K+ MSRPs on the lot. (See MacMulkin). And remember there are two models that are even more expensive. The C7, I feel, is there to replace the GS since very few people bought the base coupe since 2010. That's why I think the C7 pricing will be in-line with the GS coupe.
#69
If the 2014 is going to be as popular as I think it will be, there may not be that many left over and the dealers won't have to discount.
#70
I really dont know how many 2014's will be left over from what my dealer told me is they are making between 12000 and 12800 cars because of production will start in mid July or early August.
#72
The sooner this initial demand dries up, the better for the rest of us.
Last edited by RedC7AZ; 01-20-2013 at 08:01 PM.
#73
2014 would not be a short model year as they will start production around the normal time (June/July) and production of 2014s will run through June/July of the following year.
#77
When you go to negotiate the trade value on your C6 tell them that since you are paying MSRP for their C7 if you so much as hear them start to utter the term "back of book" or anything similiar when discussing the trade value on your C6 you'll get up and walk away so fast they won'tt know what happened
#79
Southern California is a different market place. I've called 3 dealers and they each told me there will be a premium of 10 to 15 thousand over MSRP. So I've ordered one from the sponsoring dealerships outside of my area.
#80
The Southern California dealers didn't come close to the price offered by Forum dealers when I bought my 2012 GS. I also bought out of the area. I guess they think they can sell them to someone at that price.