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Old 01-23-2013, 04:49 PM
  #21  
BlueOx
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Originally Posted by 89L98
30+K units the first year is a very realistic and acheivable goal for C7 sales.
Geez, I can't believe it. A Pig just flew past my window.
I haven't seen that 30,000 number said by anyone officially. WHY would they? I'd be shocked if they could sell 15k the first year.
Old 01-23-2013, 04:50 PM
  #22  
Zymurgy
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2005 Production was 37,372
Old 01-23-2013, 05:01 PM
  #23  
jbomx363
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I don't see 30k units sold, especially with all the controversy over the rear.

I would think 18K-20K though is achievable, if they produce that many, and depending on the options costs.
Old 01-23-2013, 05:08 PM
  #24  
RJRSW
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They sold 40,561 C6 vettes in 2007 which is the best sales year for Corvettes since 1984 when they sold 51,547. They also sold over 30k Corvettes each year from 1998-2008 so I would think that they need that many for the vette to stay sustainable and financially relevant to continue the brand for GM.

C6 sales figures by year:

2005=37,372

2006=34,021

2007=40,561

2008=35,310

2009=26,956

2010=22,194

2011=13,596

2012=11,647
Old 01-23-2013, 05:10 PM
  #25  
jschindler
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Looking at the sales history for the Corvette over it's lifetime, 30,000 is not an unreasonable volume. But looking at the past four years you can see that the hole is still pretty deep that has to be dug out of. People are still nervous about spending so much money on a vehicle that serves such a narrow function.

BTW, I do not think for a minute that the styling is going to hold the car back. For every person who thinks it is bad there will be 10 people who think it's fantastic and they can't imagine life without it, and another 1000 people who will come to terms with it and grow to like it just fine.
Old 01-23-2013, 05:12 PM
  #26  
RussM05
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Originally Posted by tolnep
perhaps, gm being government motors, obama is going to give them away to some of his less fortunate admirers.
Cut the crap about Goverment Motors. If you want to whine about the ownership of GM, take it to the Off Topic.

This is the C7 section, so we all would appreciate it if people would stick to that.

By the way, only 25% of GM common stock was bought by the Federal Goverment during the restructing event. Only 1 of 14 elected Board Members has any affiliation with the Goverment. All the other BOD members come from top level industrial or automotive back ground. I really doubt the Gov't exercised any influence in the Corvette or any other products. By the way, Joe Biden owns a Corvette.
Old 01-23-2013, 05:12 PM
  #27  
BlueOx
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Originally Posted by jschindler
Looking at the sales history for the Corvette over it's lifetime, 30,000 is not an unreasonable volume. But looking at the past four years you can see that the hole is still pretty deep that has to be dug out of. People are still nervous about spending so much money on a vehicle that serves such a narrow function.
And we have no idea what the MSRP is even going to be yet.
Old 01-23-2013, 05:27 PM
  #28  
c54u
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Originally Posted by RJRSW
They sold 40,561 C6 vettes in 2007 which is the best sales year for Corvettes since 1984 when they sold 51,547. They also sold over 30k Corvettes each year from 1998-2008 so I would think that they need that many for the vette to stay sustainable and financially relevant to continue the brand for GM.

C6 sales figures by year:

2005=37,372

2006=34,021

2007=40,561

2008=35,310

2009=26,956

2010=22,194

2011=13,596

2012=11,647
I estimate the production for 2013 will be close to 2012 numbers but less than 2012.

Although I would love to see 30k made for 2014......possible yes, probable no. Economy is way too bad now.
Old 01-23-2013, 05:29 PM
  #29  
CaryKen
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Easy solution... Price it at 30K, sell 30K!
Old 01-23-2013, 05:32 PM
  #30  
RJRSW
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Originally Posted by jschindler
Looking at the sales history for the Corvette over it's lifetime, 30,000 is not an unreasonable volume. But looking at the past four years you can see that the hole is still pretty deep that has to be dug out of. People are still nervous about spending so much money on a vehicle that serves such a narrow function.
The people that have the money to afford a new corvettes and other similarly priced cars do not seem to be that nervous about spending the money.

I certainly didn't see that nervousness at Barrett-Jackson Scottsdale last week. They set records in both numbers of cars and sales prices and as like always Corvettes accounted for 10% or more of their car sales.
Old 01-23-2013, 05:35 PM
  #31  
zr-1 guy
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30,000 c7's...did gm move that many impalas? 30,000 cars devalues the car to the point that it won't be taken seriously. Keep it limited
Old 01-23-2013, 05:41 PM
  #32  
RussM05
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Originally Posted by BlueOx
And we have no idea what the MSRP is even going to be yet.
Well, not to start an fight, we kind of have an idea....Although detail prices were not published, I recall a statement GM would be sticking to the C6 prices. There is a thread from one of the dealers on the forum that base price would be $50,xxx. But until GM officially releases all the prices including options, we don't know exactly.

The option list has many similar items to the C6 but also some new items that we can't compare them with. My guess is a well optioned coupe will have an MSRP between $60k and $65k.

I would think GM has done its homework on prices. If the price goes much higher that it current is at, demand will drop sharply. Look at the sales of the Z06 and ZR1 the last few years.....not that many units were sold in automotive terms.
Old 01-23-2013, 05:49 PM
  #33  
jschindler
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Originally Posted by RJRSW
The people that have the money to afford a new corvettes and other similarly priced cars do not seem to be that nervous about spending the money.

I certainly didn't see that nervousness at Barrett-Jackson Scottsdale last week. They set records in both numbers of cars and sales prices and as like always Corvettes accounted for 10% or more of their car sales.
It's all relative. Sure, there are lots of folks with lots of money. But lot's of Corvettes really are bought by the average Joe on the street. I know an awful lot of current and past Corvette owners. Most of them are working class folks who are counting on a job, counting on a 401k to retire etc. The rich folks don't wake up in the morning and say "hey, I think I'll help out GM and buy a Corvette because I know lot's of traditional Corvette buyers can no longer justify one".

Last edited by jschindler; 01-23-2013 at 06:14 PM.
Old 01-23-2013, 05:50 PM
  #34  
BlueOx
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Originally Posted by RussM05
Well, not to start an fight, we kind of have an idea....Although detail prices were not published, I recall a statement GM would be sticking to the C6 prices. There is a thread from one of the dealers on the forum that base price would be $50,xxx. But until GM officially releases all the prices including options, we don't know exactly.

The option list has many similar items to the C6 but also some new items that we can't compare them with. My guess is a well optioned coupe will have an MSRP between $60k and $65k.

I would think GM has done its homework on prices. If the price goes much higher that it current is at, demand will drop sharply. Look at the sales of the Z06 and ZR1 the last few years.....not that many units were sold in automotive terms.
My point exactly.
Old 01-23-2013, 06:00 PM
  #35  
Boomer111
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I do not see it happening.

But then one poster saw a pig fly by the window so what am I to say.
Old 01-23-2013, 06:16 PM
  #36  
RJRSW
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Originally Posted by jschindler
The rich folks don't wake up in the morning and say "hey, I think I'll help out GM and buy a Corvette because I know lot's of traditional Corvette buyers can no longer justify one".
I think they buy one because they like corvettes and that type of buyer and age group have accounted for the bulk of corvette buyers for many years and those people now can afford the car they had always lusted after when they were younger.

Craig Jackson pointed out in the specials that were shown on the speed channel coming up to the last auction how important the corvette is to them and that the Corvette is the biggest single brand of their sales and the relationship between them, GM and Corvette are very important to them both. I think showing the new corvette to that buyer group at the auction was very important to GM and the head of design was there to auction the first one off and Ackerman did a live interview promoting it to the auction buyers prior to the sale.

I have owned 25 vettes from all 6 generations and been driving them since I was 17 years old. The last time I had to finance one was when I was still in college and borrowed $2,000 to buy a brand new 68 convert in the fall of 67. I buy them because I like them and if they do not turn me on I do not buy it and money has nothing to do with it.

I hear people discounting the boxter but the new boxter is vastly improved and a world class car now with a very high quality classy much improved interior and I bet GM is watching how it does. It is priced the same as the vette and for the first time I find myself thinking of buying one instead of a new C7.
Old 01-23-2013, 06:34 PM
  #37  
lordofwar
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not a shot.

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To 30,000 Units

Old 01-23-2013, 06:46 PM
  #38  
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Originally Posted by rfn026
GM (Ackerson) has set the bar at 30,000 units for the C7. What does that mean?
It means he's got his head firmly embedded in another orifice... They just raised the price 9%, the economy is in the tank, and he want's to hit sales numbers 3x what they are today.... it ain't happen'n
Old 01-23-2013, 06:53 PM
  #39  
Corvette ED
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Originally Posted by RussM05
By the way, Joe Biden owns a Corvette.
His dad owned a Chevrolet dealership and gave him a Corvette for a wedding gift.
Old 01-23-2013, 06:53 PM
  #40  
BlueOx
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Originally Posted by K-Spaz
It means he's got his head firmly embedded in another orifice... They just raised the price 9%, the economy is in the tank, and he want's to hit sales numbers 3x what they are today.... it ain't happen'n
OK, let's just stop it...there is no official GM statement about this. The OP hasn't made one more post and the link he provided appears to be meaningless to the matter at hand.

The OP just made up a number.


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