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Why so many C 7's for sale

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Old 07-16-2016, 08:55 AM
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AJC 69 BB
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Default Why so many C 7's for sale

Just curious as to why there are so many C 7's for sale already? I know everybody likes to have the newest offerings etc. I have been thinking about getting one. But was just wondering if I am missing something. Its not like these cars are hard to get or anything. I drove by my 2 local Chevy dealerships and between the 2 dealerships they probably had about 100 corvettes or more. And it seems everybody is selling their Z 06's with low miles.
Old 07-16-2016, 09:03 AM
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C8Jake
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Originally Posted by AJC 69 BB
everybody's sellin' their Z06's w/low miles.
ya, A8's
Old 07-16-2016, 09:08 AM
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Originally Posted by C7Jake
ya, A8's
Ok so autos are out! I see a lot of automatics for sale and they want pretty damn close to what you can get a new one for!
Old 07-16-2016, 09:26 AM
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Vetteman Jack
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Could be a number of reasons:

Life changing event
Financial change
Tried the car, now wants something different

And there could be many others.
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Old 07-16-2016, 09:37 AM
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Corgidog1
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Originally Posted by AJC 69 BB
Ok so autos are out! I see a lot of automatics for sale and they want pretty damn close to what you can get a new one for!
Actually autos are in-I think the world's most interesting man was referring to the problems some people were having with the A8 trans.
Old 07-16-2016, 09:46 AM
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Higgs Boson
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Corvettes are toys not basic necessities. They get bought last and sold first in most people's lives. You buy your Camry to get to work and keep it for 250K miles. Corvette slots between the Camry and the Ferrari, some of which get bought and sold before they are even driven.

People love to compare the performance of the Corvette to exotic supercars because of the capabilities but then turn around and compare the price and buy/sell habits to less expensive cars at the same time. I guess that's just where the car slots in the marketplace.

I also find it funny that this thread is common in every Gen section of the forum. I remember when it was C5s, then C6s, now C7s....why so many for sale? Like people expect them to be rare, appreciating supercars. The whole point of a Corvette is to be available to the common man!
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Old 07-16-2016, 09:59 AM
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RedC7AZ
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Relative to the fact there are over 100,000 C7s on the road there are not a lot of C7s for sale. Your perception is off.

Last edited by RedC7AZ; 07-16-2016 at 10:00 AM.
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Old 07-16-2016, 10:19 AM
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Interesting thoughts guys keep them coming.
Old 07-16-2016, 10:47 AM
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C8Jake
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Originally Posted by HARVEY T.GLUCK
'16 DSOM ZO6 COUPE For Sale w/Brownstone interior. 3k miles. Located in NY. Sticker $103k for $82k Harvey
$21k > nice discount Harvey
Old 07-16-2016, 04:43 PM
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What is your definition of "so many". Based on the number sold I do not think there is anything unusual about the number of C7's for sale.
Old 07-16-2016, 04:51 PM
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I can't speak to other people but usually buy a different sports car every 3 to 4 years and it's usually a different color and brand but thay are always convertibles . Live is short
Old 07-16-2016, 04:59 PM
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Originally Posted by C7Jake
ya, A8's
Could be that the A8s are too fast for them and they want something a little slower...M7



I apologize to all other M7 drivers besides Jake





Last edited by lakemg; 07-16-2016 at 05:08 PM.
Old 07-16-2016, 05:01 PM
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jma242
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For a lot of people the Vette is still the middle-age buyers dream. My mother used to work for a Chevy dealer and she told me that often older men would come in and "finally" buy one, only to come in and trade it for a Caddy within weeks.
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Old 07-16-2016, 05:16 PM
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Average age of buyers for a new corvette is some where between 59 and 61 .Harley is having the same problem . Ford has had good results with 30 something buyers with the latest mustang.
Old 07-17-2016, 01:57 PM
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Going back to the C5... NOT! lol
Old 07-17-2016, 02:44 PM
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I bought my 2014 in Phoenix in April '16. Used C7's were hard to find here and the ones that I found sold quickly. One reason I often heard was that the former owner upgraded to a Z06. (Not sure if I believe them but that was their story)
Old 07-17-2016, 04:59 PM
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Lease returns are now coming home to roost and flood the market.

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Old 07-18-2016, 07:59 AM
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Corgidog1
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Originally Posted by petee1997
Lease returns are now coming home to roost and flood the market.
Leasing is not a popular option due to poor lease rates amonst other things so returned leases are not a reason why the market is flooded.
Old 07-18-2016, 08:19 AM
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Default how many?

Originally Posted by AJC 69 BB
Just curious as to why there are so many C 7's for sale already? I know everybody likes to have the newest offerings etc. I have been thinking about getting one. But was just wondering if I am missing something. Its not like these cars are hard to get or anything. I drove by my 2 local Chevy dealerships and between the 2 dealerships they probably had about 100 corvettes or more. And it seems everybody is selling their Z 06's with low miles.
I think that question is like asking "How long is a piece of string"?

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Old 07-18-2016, 08:36 AM
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LIStingray
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Originally Posted by dval
Ford has had good results with 30 something buyers with the latest mustang.
A Corvette is a 2-seat sports cat that starts at $57k, and can't ever serve as a family car, making it useless for may people in the ages 25-45 bracket with 1 or 2 kids; while a Mustang starts at $25k and can seat 2 smaller people in the back. I am not surprised Mustang is doing well with the younger crowd as it can be as practical as a Civic or Mazda 6 if your kids are between 1 and 12 years old; the Camaro is less so because it is harder to get in and out of and the trunk is much less usable.


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