February 2014 Corvette Sales total 2,438
#23
Team Owner
I think that is high. Right now they have produced 17,000 Cars in 8 months, or about 2,125/mo. average; assuming they produce the 30,000 suggested, that means another 13,000 cars in 5 months, or an average of 2,600/month.
I think currently they are averaging 115 cars a day, which works out 2,875/month - nowhere near 3,250.
As for unsold inventory, it is less than you think. Kerbeck has 27 coupes and 35 convertibles in stock, which is 2 weeks of allocations; MacMulkin has 32 coupes and 14 convertibles in stock, which is also about 2 weeks of allocations. Two weeks of inventory this time of year isn't a lot, and that is the reason prices have remained pretty firm.
I think currently they are averaging 115 cars a day, which works out 2,875/month - nowhere near 3,250.
As for unsold inventory, it is less than you think. Kerbeck has 27 coupes and 35 convertibles in stock, which is 2 weeks of allocations; MacMulkin has 32 coupes and 14 convertibles in stock, which is also about 2 weeks of allocations. Two weeks of inventory this time of year isn't a lot, and that is the reason prices have remained pretty firm.
Your 17,000 number, does that include the 1,050 Premier editions that have a different VIN ending sequence? I don't think so.
18,000 divided by 6.5 months equals 2769 cars per month average. They are producing more today than what they have averaged for the past 6.5 months.
If the supply starts to get to far out in front of the demand, than GM always has the option to cut out the overtime to decrease the dealer's stocks(but I doubt they will). As long as the dealer's are ordering what they are allocated, GM will keep building. Way too early for the dealers to get concerned about being stuck with a bunch of unsold cars. If they start backing up on the dealer's lots, GM will offer the dealers some incentives to keep them ordering.
Last edited by JoesC5; 03-03-2014 at 03:20 PM.
#24
Melting Slicks
Apparently nobody gets it. I know how the system works, I just don't agree with it.
If two people were being mugged, one looks to be well off and the other looks to be just the average guy, I'll help the well off person because I might be rewarded and screw the other guy because he probably can't afford to give a reward.
Do you get my meaning? I understand rewarding the "big" dealerships with more allocations, but the small dealerships need to be treated better than they are.
If two people were being mugged, one looks to be well off and the other looks to be just the average guy, I'll help the well off person because I might be rewarded and screw the other guy because he probably can't afford to give a reward.
Do you get my meaning? I understand rewarding the "big" dealerships with more allocations, but the small dealerships need to be treated better than they are.
If you want to do your little dealer a favor, then buy the C7 at a big dealer -- meaning you'll get it right away -- and then get all your service done at the little dealer.
I've heard this mantra about "supporting the local dealer" among a die-hard few, and it's really misguided. Your little dealer will not go bankrupt because you buy your C7 elsewhere. They will make plenty of money off of your service. In fact, over the life of the car they will make a lot more from your service than from the initial sale.
Buy your Volt or Silverado or some other easy-to-come-by car from your local dealer, and get your C7 immediately from a large dealer. Your little dealer will be just fine.
#25
Safety Car
Speednet why do you think the Corvette has always been considered a dime a dozen product? It's the typical GM modus operandi, sacrifice quality for quantity and who cares about value. Yes that's what it means IMO!
#27
Melting Slicks
Nobody is being mugged, that's not a good analogy. Maybe you're not into Capitalism, and it's certainly your right to feel that way, but that's not the way things work in the USA.
If you want to do your little dealer a favor, then buy the C7 at a big dealer -- meaning you'll get it right away -- and then get all your service done at the little dealer.
I've heard this mantra about "supporting the local dealer" among a die-hard few, and it's really misguided. Your little dealer will not go bankrupt because you buy your C7 elsewhere. They will make plenty of money off of your service. In fact, over the life of the car they will make a lot more from your service than from the initial sale.
Buy your Volt or Silverado or some other easy-to-come-by car from your local dealer, and get your C7 immediately from a large dealer. Your little dealer will be just fine.
If you want to do your little dealer a favor, then buy the C7 at a big dealer -- meaning you'll get it right away -- and then get all your service done at the little dealer.
I've heard this mantra about "supporting the local dealer" among a die-hard few, and it's really misguided. Your little dealer will not go bankrupt because you buy your C7 elsewhere. They will make plenty of money off of your service. In fact, over the life of the car they will make a lot more from your service than from the initial sale.
Buy your Volt or Silverado or some other easy-to-come-by car from your local dealer, and get your C7 immediately from a large dealer. Your little dealer will be just fine.
I would of gone to a bigger dealership to place my order. As a matter of fact I did at first. But I won't pay the markup, so I moved on to a dealer that dose not practice the art of price gouging.
#28
Team Owner
Just recently, a forum member purchased his Z51 with a $3,000 discount from a forum dealer that is not in the top 50.
Another local dealer(to me) that only got two coupes and one convertible on the first round of allocations sold them for MSRP.
#30
Team Owner
Member Since: Apr 2001
Location: S.W. Ohio. . . . . . NRA Life Member
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you're generally spot-on with your replies; but not this time. Warranty work is not reimbursed at the shops normal rate; a much lower labor rate. And there's is not a markup (profit) on the parts replaced either. Warranty work is considered "break even";... or a "necessary evil" and is not a money maker.
#32
Melting Slicks
Member Since: Feb 2014
Location: Austin Texas
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NCM Sinkhole Donor
"He want's to support his local guy".
Translated - He doesn't want a C7.
#33
Melting Slicks
you're generally spot-on with your replies; but not this time. Warranty work is not reimbursed at the shops normal rate; a much lower labor rate. And there's is not a markup (profit) on the parts replaced either. Warranty work is considered "break even";... or a "necessary evil" and is not a money maker.
#34
Melting Slicks
Like he could guarantee that. And besides, he didn't guarantee that in the first place, and can't guarantee a delivery date.
#36
Melting Slicks
All I can tell you is that you should absolutely do business with Dave from Kerbeck. He is just fantastic, and he'll get your Corvette courtesy delivered to your local dealer. So if you want a C7, that would be my recommendation. I'll be going back to him when the Z06s are up for ordering.
#37
Le Mans Master
The big dealers earned the right. Topic is
#38
Team Owner
This car is a hit and will sell more than they thought!
Thus the price raise! It may take sales from others and really sell!
Thus the price raise! It may take sales from others and really sell!