ontime

I was looking at the C7 for sale section and what gives with so many for sale with practically no miles. Are they that big a disappointment? I have a 2013 GS with 13K miles on it and was toying with the idea of getting a Z but seeing so many for sale might be saying something.

airmed2

I think it has more to do with the day and age of not being satisfied. Instant gratification with a subsequent desire for the next best thing. Married couples do it too, lol....it's called affairs and divorce.

LMB-Z

I think folks buy them, then figure out they really can't afford it, so they sell it. It was only a status symbol to begin with, or something they just thought they wanted. I would hate to know I bought a new car, any car, for say, $100,000. then 6 months later, sold it for $75 or $80k. Thats a pretty good way to go broke in a hurry.

Bob Paris

Someone could say that a 2013 C6 with only 13K miles must be a disappointment for the owner. Mine just hit 50,000 miles and I am not disappointed.

pbergmann

Most of these cars are owned by people that have multiple cars... I have 5 others. My 14 has 13K. A lot of fun to have as an option when I want to drive something different. I buy used low mileage perfect cars, a lot of fish in the barrel.
I'm actually lurking here for some ideas on a future C6.
not bragging I just like variety.

WW7

I think they get the C7 , then realize how much they miss their C6s, so they sell the C7s..Makes sense to me...WW.
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Bigredwing

I think it is a product of a good economy and disposable income. Some folks in the C7 section are on their second or third car within the same model generation. Or it could be they are sick of black wheels ()

BWF07

It is a combination a few different issues I believe. The first being that the C7 seemed to draw in a lot of first time Corvette owners as it was such a major design change, It had that European look and many of the younger first time buyers though it would stand out more then the C6. many never drove or even road in a Corvette prior to buying one and after they bought it they were not happy and they have put them up for sale. Others bought them and then found out that they really could not afford them. Lets face it, this is not a car if you have a limited budget and a family. I started out with a C2. A '66 BB 427/425 roadster. I was single and not a care in the world. Once I was married and bought a house and started a family I took a break from the Corvette world, but as the kids grew and the finances improved I was back into the Corvette world and this is my 6th one. So to sum it up. Many buy them and then say I don't like it or I can't afford it while other say I cannot drive anything else.

farmington

clearwaterms

i think there is another piece in play here. There are many for sale but how many are being sold? My theory is part from an article in R&T.
https://www.roadandtrack.com/car-cul...old-or-bought/

New C7s can be had for $10k+ off of list price. For C7 owners that paid sticker and didn't drive it how many are unwilling to admit that the market value of the vehicle. Most owners probably have enough money that they are willing to own it for as long as needed until they find a buyer who will value it close to what they will.

TorchRedFred

I just searched locally for some inventory of new 2017's, and was surprised that there is still some selection of 2017's available. One dealer's website shows they still have 3.

BlindSpot

Simple explanation - they were either unhappy with the C7 and/or tired of it wanting something else.

Not likely in 2018 with the economy and unemployment being what it is, many are losing their ability to afford something they bought and financially qualified for recently.

marinablu67

Where are you getting your statistics from?

http://www.nytimes.com/2018/06/01/bu...bs-report.html

BlindSpot

The NY Times? Seriously?....funny one......

clearwaterms

I wonder how many people buying C7's especially with the younger buyer profile that Chevrolet was targeting were people that truly couldn't afford/justify the monthly expense. Think about this article (link: https://jalopnik.com/the-dealer-does...car-1824105579) that talks about giving $30,000 in car credit to people who make $350 a week. Which is 40% of somebody's income for a car.

Now if you follow the 20/10/4 rule for car buying which states that you should put 20% down and borrow for 4 years an amount that is equal to 10% or less of your gross income. Lets say for the sake of the conversation that a corvette costs $65k. if you put down $13k and borrow for the rest for 4 years at 3.25% that amount is $1,157 a month. That means that a person should have an income of around $110k yearly before they consider buying a corvette. Additionally, since for most buyers a corvette is a 2nd car purchase. This means that the only people who can truly afford to finance a corvette are people who have income in excess of $200k, and those levels of income in America usually require degree's and with degree's comes large student debt...

I think the idea that America can't afford the cars they are buying doesn't stop at the lowest income brackets like the jalopnik article points out, it likely goes into America's sports car just like it does to the similarly priced BMW M3 and other sports cars.

marinablu67

Actually, any paper that indirectly compliments how wonderful a job our President is doing I take seriously!

marinablu67

This is nothing new! Americans have been living beyond their means forever!

ontime

No disappointment here. GS is perfect and would like more useless power but don't want to add anything to the LS3 . I was trying to keep this one nice as I had put165k on my C5 using it as a daily driver.

clearwaterms

you mean with North Korea?
https://www.nytimes.com/2018/07/12/w...r-nuclear.html

reconnecting american families?
https://www.nytimes.com/2018/07/05/u...eparation.html

and living in farm country; I am especially fond of Trump's influence on the price of soy beans as a result of his tarriffs
https://www.nytimes.com/2018/07/09/o...iffs-tofu.html

I will give Trump credit; where credit is due; his wife has a great ***

marinablu67

I don't read the NYTimes, or for that matter any newspaper. I get all my information on the internet!