base price, 59k !
Team Owner
Joined: Jun 2001
Posts: 26,714
Likes: 344
From: Houston, TX
Having been on vacation and not wanting to read all the pages of this thread, I apologize if this has been said...
> MT is probably wrong
> It matters not if $XXXXXX price is "a bargain for what you get...", what matters is economics/marketing 101. The lines on the supply, demand, price curves all have to cross at the right point. IF GM wants to regain the sort of volume they were getting before the economy collapsed they can only price the car so high. It does not take a genius to see they are going to have to be able to sell a lot of them in the $50s (including discounts) to have any chance of meeting volume goals.
> GM has publicly said "if you could afford a C6 you will be able to afford a C7"
> GM has always kept new model prices in line with normal year over year price increases.
What all this deductive reasoning tells me is that the car should be in the $55k range - which is what I have seen and tend to believe.
> MT is probably wrong
> It matters not if $XXXXXX price is "a bargain for what you get...", what matters is economics/marketing 101. The lines on the supply, demand, price curves all have to cross at the right point. IF GM wants to regain the sort of volume they were getting before the economy collapsed they can only price the car so high. It does not take a genius to see they are going to have to be able to sell a lot of them in the $50s (including discounts) to have any chance of meeting volume goals.
> GM has publicly said "if you could afford a C6 you will be able to afford a C7"
> GM has always kept new model prices in line with normal year over year price increases.
What all this deductive reasoning tells me is that the car should be in the $55k range - which is what I have seen and tend to believe.
Burning Brakes
Joined: Oct 2012
Posts: 933
Likes: 3
From: Dallas, TX
Having been on vacation and not wanting to read all the pages of this thread, I apologize if this has been said...
> MT is probably wrong
> It matters not if $XXXXXX price is "a bargain for what you get...", what matters is economics/marketing 101. The lines on the supply, demand, price curves all have to cross at the right point. IF GM wants to regain the sort of volume they were getting before the economy collapsed they can only price the car so high. It does not take a genius to see they are going to have to be able to sell a lot of them in the $50s (including discounts) to have any chance of meeting volume goals.
> GM has publicly said "if you could afford a C6 you will be able to afford a C7"
> GM has always kept new model prices in line with normal year over year price increases.
What all this deductive reasoning tells me is that the car should be in the $55k range - which is what I have seen and tend to believe.
> MT is probably wrong
> It matters not if $XXXXXX price is "a bargain for what you get...", what matters is economics/marketing 101. The lines on the supply, demand, price curves all have to cross at the right point. IF GM wants to regain the sort of volume they were getting before the economy collapsed they can only price the car so high. It does not take a genius to see they are going to have to be able to sell a lot of them in the $50s (including discounts) to have any chance of meeting volume goals.
> GM has publicly said "if you could afford a C6 you will be able to afford a C7"
> GM has always kept new model prices in line with normal year over year price increases.
What all this deductive reasoning tells me is that the car should be in the $55k range - which is what I have seen and tend to believe.
Le Mans Master
Joined: Jul 2009
Posts: 9,526
Likes: 12
From: Los Angeles California
51K base base base.
+5K for Z51 (Non mag shocks)
+ 7K for Z51 (Mag Shocks)
+ 2K for 2LT
+4K for 3LT
That's my guess anyway.
So if my guess is right, I'm going to be paying 62K for my Z51 FE4 3LT.
+5K for Z51 (Non mag shocks)
+ 7K for Z51 (Mag Shocks)
+ 2K for 2LT
+4K for 3LT
That's my guess anyway.
So if my guess is right, I'm going to be paying 62K for my Z51 FE4 3LT.
Racer
Joined: Dec 2012
Posts: 346
Likes: 0
From: Espoo, Finland
I think Magnetic shocks are very small addition to price so that most z51 buyers get it.(base z51 compensates this)
Team Owner
Joined: Jun 2001
Posts: 26,714
Likes: 344
From: Houston, TX
Yes, I realize that. I did not take the time to look up the current list price. Also, I'm willing on giving them a little more than the normal 3% or so. I still think $55K would be acceptable.
Le Mans Master
Joined: Jul 2009
Posts: 9,526
Likes: 12
From: Los Angeles California
Race Director
Joined: May 2005
Posts: 11,992
Likes: 1,331
From: Middletown, DE
It looks like GM hopes A LOT of potential buyers will think like you. Problem for them is, they're giving away C6's right now, so the "real" price increase will be way more than 10%!
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Burning Brakes
Joined: Jul 2011
Posts: 1,168
Likes: 2
From: Saint Johns Florida
Burning Brakes
Joined: Jul 2011
Posts: 1,168
Likes: 2
From: Saint Johns Florida
MSRP of $55k would be 11% over MSRP and 29% over current actual pricing. I find it hard to believe the base MSRP will go up over 5% with this economy, (even with all the updates) that would be $53k.
Racer
Joined: Feb 2013
Posts: 477
Likes: 1
How about price difference between c5z06 and c6z06?
I think that given all the extras that have been added since there was not this big a difference from c5 to c6 this time you are looking at a 2-5k increase in price.
My educated guess would be between 52-54k. I really don't think it will be more than 54k. Though I didn't think the shelby will less upgrades would be more than 52k but it came out at 55k. So really it depends how bad GM wants to rip the buyers off but I can pretty much be 99% sure it won't be over 55k.
Given that they got their carbon fiber at low cost from plasian and they already had the tech to make the aluminum I really think it will be closer to 52-53k base vette. Though I hope it is less.
A fully optioned z51 should come in at around 65-70k max.
Race Director
Joined: May 2005
Posts: 11,992
Likes: 1,331
From: Middletown, DE
Nobody's getting "ripped off." GM cannot put a gun to anybody's head and make them buy anything. Now of course if they were to advertise aluminum frames but delivered steel, carbon fiber parts but delivered painted fiberglass, and 450 HP and delivered 420, THAT would be a rip-off. Just a personal peeve I have about calling free transactions between consenting adults, with honest disclosures by the seller, "rip offs." 
If the price is too high, they will not sell very many. I wish them luck but I am beginning to wonder if the price/value point they set will result in profitability for the C7 (and viability of a C8). It's not a matter of "is it worth it?" because the evidence is overwhelming that in an objective sense, the C7 will be. It is a question of sunk costs in developing the thing, high ongoing fixed costs (it is GM, after all) and sufficient volume sold at whatever the variable margin turns out to be.
I just hate it that I am very pessimistic about this aspect of the car. I really hope I am wrong...
If the price is too high, they will not sell very many. I wish them luck but I am beginning to wonder if the price/value point they set will result in profitability for the C7 (and viability of a C8). It's not a matter of "is it worth it?" because the evidence is overwhelming that in an objective sense, the C7 will be. It is a question of sunk costs in developing the thing, high ongoing fixed costs (it is GM, after all) and sufficient volume sold at whatever the variable margin turns out to be.
I just hate it that I am very pessimistic about this aspect of the car. I really hope I am wrong...
Racer
Joined: Feb 2013
Posts: 477
Likes: 1
I say rip off because for example I don't believe my shelby is worth the Msrp of 69k. It doesn't handle like a 69k car should buy majority of the cost is in the engine so that's ok. The corvette needs to be an all around world performing sports car and rape the competition because its made on America so no premiums. So if GM wants to overprice the car like ford over priced the shelby relative to what they did I call that a rip off. But in GMs defense they completely changed the Vette not just add 100 hp and change the shocks
Race Director
Joined: May 2005
Posts: 11,992
Likes: 1,331
From: Middletown, DE
I say rip off because for example I don't believe my shelby is worth the Msrp of 69k. It doesn't handle like a 69k car should buy majority of the cost is in the engine so that's ok. The corvette needs to be an all around world performing sports car and rape the competition because its made on America so no premiums. So if GM wants to overprice the car like ford over priced the shelby relative to what they did I call that a rip off. But in GMs defense they completely changed the Vette not just add 100 hp and change the shocks
You are FREE to buy whatever you want. Nobody ever ripped me off when I was FREE to take it or leave it
Racer
Joined: Feb 2013
Posts: 477
Likes: 1
I guess you and I have different definitions of "rip-off." I would say what you described are "pricing decisions." Had you stopped at "overpriced" (which may or may not be true depending on what it costs them to make it and how many they actually sell) then I'd agree with you totally.
You are FREE to buy whatever you want. Nobody ever ripped me off when I was FREE to take it or leave it
You are FREE to buy whatever you want. Nobody ever ripped me off when I was FREE to take it or leave it
Melting Slicks
Joined: Mar 1999
Posts: 3,212
Likes: 167
From: Rochester Hills Michigan
Tech Contributor
Joined: Aug 1999
Posts: 16,376
Likes: 404
From: Should this thoughtful, valuable contribution meet with no acknowledgement or 'thanks' this post----
[QUOTE=C7envy;1583051275]Ok now you are just arguing semantics with me. Ok have it your way then, overpriced is the word I will use.
Except, of course, $600 painted calipers, which are without a doubt ripoff pricing..
Except, of course, $600 painted calipers, which are without a doubt ripoff pricing..
Team Owner
Joined: Feb 2001
Posts: 27,254
Likes: 137
From: Short Hills, NJ
If I get one it likely won't be until at least model year 2015.
