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Price Increase Announced On Corvettes!

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Old 09-29-2008, 11:08 AM   #1
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Default Price Increase Announced On Corvettes!

GM has just announced a price increase on all 2009 Corvettes. This price will effect any Corvette that is not already in dealers stock.

This price increase is $1,520 across the board.

So, below are the new base prices before destination:

Coupe - $48,565
Convertible - $53,220
Z06 - $73,925
ZR1 - $103,970

The good new is that Kerbeck has over 85 2009 Corvettes in stock at the old price!

Dave
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Old 09-29-2008, 11:15 AM   #2
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oh joy!
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Old 09-29-2008, 11:17 AM   #3
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Quote:
Originally Posted by [email protected] View Post
GM has just announced a price increase on all 2009 Corvettes. This price will effect any Corvette that is not already in dealers stock.

This price increase is $1,520 across the board.

So, below are the new base prices before destination:

Coupe - $48,565
Convertible - $53,220
Z06 - $73,925
ZR1 - $103,970



Dave
Does this mean there is no price-protection on orders already in the system?

I was at status code 3000 back on 09/12.
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Old 09-29-2008, 11:20 AM   #4
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A price increase isn't a welcome move but all things considered I'm not surprised.
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Old 09-29-2008, 11:20 AM   #5
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Does this mean there is no price-protection on orders already in the system?
If you have a car on order and your dealer ordered it as a sold unit (SRE) than you will be price protected. If you put a deposit on a car that the dealer has coming in that was ordered for stock (TRE) than you will not be protected.

Dave
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Old 09-29-2008, 11:20 AM   #6
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Quote:
Originally Posted by [email protected] View Post
GM has just announced a price increase on all 2009 Corvettes. This price will effect any Corvette that is not already in dealers stock.

This price increase is $1,520 across the board.

So, below are the new base prices before destination:

Coupe - $48,565
Convertible - $53,220
Z06 - $73,925
ZR1 - $103,970

The good new is that Kerbeck has over 85 2009 Corvettes in stock at the old price!

Dave
That should help stimulate an already slow Corvette market..
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Old 09-29-2008, 11:28 AM   #7
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Quote:
Originally Posted by [email protected] View Post
If you have a car on order and your dealer ordered it as a sold unit (SRE) than you will be price protected. If you put a deposit on a car that the dealer has coming in that was ordered for stock (TRE) than you will not be protected.

Dave
Thanks Dave!
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Old 09-29-2008, 11:35 AM   #8
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Damn, there goes 1 option for my 2009 order!
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Old 09-29-2008, 11:54 AM   #9
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Nice , glad I got my car two weeks ago .
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Old 09-29-2008, 12:37 PM   #10
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Quote:
Originally Posted by shockwave View Post
That should help stimulate an already slow Corvette market..
LOL....my thoughts exactly!!!!
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Old 09-29-2008, 12:58 PM   #11
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Dose that mean that our used Corvettes are worth more money?
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Old 09-29-2008, 01:01 PM   #12
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A clear message that GM intends to play the same game with the Corvette that it does with , or did with, SUVs, that is msrps WAY above actual market selling price.

It's easier to fool the marks if they think they are getting MORE off msrp. Also, from marketing 101 the more a thing costs the more most people think it's worth.
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Old 09-29-2008, 01:23 PM   #13
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Also, from marketing 101 the more a thing costs the more most people think it's worth.
That's so true.
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Old 09-29-2008, 01:29 PM   #14
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Yep, You should move a LOT more Corvettes at the new price
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Old 09-29-2008, 02:02 PM   #15
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Wonder what they have planned for Wednesday Oct 1?

Rebates?

Extension of employee pricing another month?

0% financing?

Of course all of the above would be great
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Old 09-29-2008, 02:18 PM   #16
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This is normal for GM in the annual course of pricing, expect one more after Christmas
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Old 09-29-2008, 03:14 PM   #17
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Well, this announcement pushed me hard enough to place my order today and get price protected under the old pricing, the wait has begun!
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Old 09-29-2008, 03:30 PM   #18
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Quote:
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Well, this announcement pushed me hard enough to place my order today and get price protected under the old pricing, the wait has begun!
Way to go!
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Old 09-29-2008, 03:38 PM   #19
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Quote:
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Does that mean that our used Corvettes are worth more money?
Maybe............but pretty soon money isn't going to be worth anything so I'm not sure it matters!
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Old 09-29-2008, 03:39 PM   #20
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