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-   -   Prices falling fast on new C7's (https://www.corvetteforum.com/forums/c7-general-discussion/3376458-prices-falling-fast-on-new-c7s.html)

OBSSSD 11-18-2013 09:48 AM

Prices falling fast on new C7's
 
Was offered $2500 off by a local dealer I know yesterday

He said he thought they would be selling them at invoice by spring of 2014 :eek:

LPE385 11-18-2013 10:11 AM


Originally Posted by OBSSSD (Post 1585457478)
Was offered $2500 off by a local dealer I know yesterday

He said he thought they would be selling them at invoice by spring of 2014 :eek:

Its not surprising if they keep up with current production numbers. When they bring out a few more models that will slow up production some. You know the first GS/Z0? version is going to be high production that first year too.

What amazes me is people are still willing to pay $50,000 for a 4-5 year old Z06. Even the used Grand Sports 2-3 years old with in $10,000 of a
C7.

svtkeith 11-18-2013 10:14 AM

Yeah just saw in Ontario Canada one dealer dropped his price $2000 in one week..once the novelty of having the first C7 around wears off the prices will drop to where they should be.

Eagle Ray 7 11-18-2013 10:14 AM


Originally Posted by OBSSSD (Post 1585457478)
Was offered $2500 off by a local dealer I know yesterday

He said he thought they would be selling them at invoice by spring of 2014 :eek:

How many does he have in stock right now ready to go?

rob62 11-18-2013 10:18 AM

yes. It speaks volumes about the "old" Z06.

04_Z06_CE 11-18-2013 10:23 AM

Just a matter of time...Just like every other C6 model. Im sure we will see 10k off within a couple of years as well

musclecar6 11-18-2013 10:30 AM

Yeah, even though the C7 is the latest and greatest, and it sure is, interesting how the C6 Z06 and GS's are keeping their values up. Course although the C6 is obsolete compared to the C7, it's still a fabulous street supercar in it's own right. Now many of us are deciding when not if we will be moving to a C7, while there are many others at a lower price point looking to scoop our well cared for and tastefully tricked out C6's. What's more interesting is, if the Porsche/BMW nose in the air crowd, start moving over to the C7 after the rave reviews. Maybe paying TWICE as much for comparable performance and recent major interior/ technical/ handling/ infotainment upgrades etc, will finally turn on the light bulb for them.

Bill Dearborn 11-18-2013 10:48 AM


Originally Posted by musclecar6 (Post 1585457721)
----- What's more interesting is, if the Porsche/BMW nose in the air crowd, start moving over to the C7 after the rave reviews. Maybe paying TWICE as much for comparable performance and recent major interior/ technical/ handling/ infotainment upgrades etc, will finally turn on the light bulb for them.

A fair number of them did that with the C5 and C6. You don't get much bad mouthing of Vettes when you are at a PCA or BMW driving school where sometimes a quarter of the cars present are Vettes. Getting their doors blown off on a regular basis made them believers.

Bill

Jesse 11-18-2013 10:55 AM


Originally Posted by OBSSSD (Post 1585457478)
Was offered $2500 off by a local dealer I know yesterday

He said he thought they would be selling them at invoice by spring of 2014 :eek:

:cool: Was it in stock?

Still have no regrets getting mine already and enjoying it, even having paid MSRP :thumbs:

WaxWeekly 11-18-2013 10:56 AM


Originally Posted by 04_Z06_CE (Post 1585457685)
Just a matter of time...Just like every other C6 model. Im sure we will see 10k off within a couple of years as well

I would not be shocked to see 5k+ off after a few years.

I will also not be shocked when the base price of the car goes up.

punky 11-18-2013 11:09 AM


Originally Posted by WaxWeekly (Post 1585457884)
I would not be shocked to see 5k+ off after a few years.

I will also not be shocked when the base price of the car goes up.

The C7 has $2,000 discounts in thefist 2 months. I seriously doubt that it will take several years to see 5K.

Not sure what all the buzz is about Z06s "holding their value". You can buy a $90,000 C6, Z06 f0r 40k. Is that what we should consider a value hold?

red2012 11-18-2013 11:10 AM


Originally Posted by WaxWeekly (Post 1585457884)
I would not be shocked to see 5k+ off after a few years.

A few years? Try 3-5k off at the end of this years model run.

michaelinmech 11-18-2013 11:16 AM


Originally Posted by drmustang (Post 1585458006)

Not sure what all the buzz is about Z06s "holding their value". You can buy a $90,000 C6, Z06 f0r 40k. Is that what we should consider a value hold?



:bs Examples please (other than cars that have excessive mileage) ?????

Swath 11-18-2013 11:18 AM

Not sure where you saw a Canadian dealer dropping $2K but I highly doubt it's for a "new" Canadian car. I have one on order and talked to about 6 dealers in and around Toronto, all have used up their allotment of coupes for the year and don't expect new allotments till MY2015.

It's not like it is in the US, GM is only allowing a very small number of units into Canada (I was told somewhere around 300 coupes) for 2014. Further, if you did not sell 4 units in 2013 (I believe that was the threshold) then you're not even allowed to order a 2014.

I went to see one dealer a few weeks ago and he said no problem getting a "used" unit in from the US for $15K over MSRP!

With the constraints and all, the market for cars in Canada won't parallel that in the US, here they will maintain a much higher residual for longer and dealers will get MSRP clear into next year for any Z51. The flood of US cars into Canada will be the only factor affecting that.

Greg00Coupe 11-18-2013 11:25 AM

Whats the point? People paid $3K for a VCR or Beta max a few years back. $5K for a flat screen.........

Zymurgy 11-18-2013 11:26 AM


Originally Posted by OBSSSD (Post 1585457478)
Was offered $2500 off by a local dealer I know yesterday

He said he thought they would be selling them at invoice by spring of 2014 :eek:

Was it a Z51? Probably not.

WaxWeekly 11-18-2013 11:38 AM


Originally Posted by red2012 (Post 1585458010)
A few years? Try 3-5k off at the end of this years model run.

I can appreciate that some of you would love the C7 to be a worthless car that doesn't hold its value.

Please re-read my statement and keep in mind that the "stripped out base model" $52k car isn't likely to be selling for 10k under sticker during the 2014 model year...

Of course, well optioned cars can see bigger discounts. That was the purpose of the 5k+.

By the way, The point of my post was actually the second line. This must not have supported your agenda and was therefore ignored.

Red Lightening 11-18-2013 11:53 AM

Good things come to those who wait. Like Improved cars and bigger discounts. A year from now 5K off will be common on a base car like the Stingray and you wont be hearing about paint runs and mis aliened body panels etc.

Slappy3243 11-18-2013 11:54 AM


Originally Posted by Zymurgy (Post 1585458144)
Was it a Z51? Probably not.

Wondering the same here. From what I have seen, any Z51's are still at MSRP.

c5vette73 11-18-2013 11:55 AM

I gladly paid MSRP for my C7 and feel I'm getting every penny's worth of that suppossed $2K I may have overpaid.

Let's see, $2K amortized over 72 months.... oh no! $28/month.

There is no price for the excitement this car generates not only for me, but for all of those who have celebrated it with me.:thumbs:

By the way, for those so concerned about getting a good deal, it seems that's more important to them than actually getting the car.


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