MikeyTX

He lied ............... He even liked you on Facebook ...............

MikeyTX

Hold that thought ........................ 'Cause it's not ever gonna happen.

p4snow

Question for long time Forum members...does MSRP or $500-1000 below pricing reflect what dealers were charging when the C6 was introduced? Makes me wonder of they think that demand for the C7 might be softer than originally anticipated.

MikeyTX

I think you hit the nail on the head.

JerriVette

The economy is still weak but it's getting back to normal. As is paying msrp for a new generation whatever ...

Enjoying the engineering marvel that the c7 is....would make those who have the desire and if the timing is right for them...to easily pass on a slight discount a few years down the road.

Nothing wrong with paying msrp especially for such a fine performance specialty vehicle as the c7 corvette.

JMO and I'm not even buying just yet as I'm still enjoying my c6...but when the time is right....I'll own a c7 z51 ..and I'll gladly pay market pricing at that time.

Right now as the first models roll off the assembly line msrp is totally appropriate.

Best non saving of a thousand bucks I think new buyers will spend.

What a car!

MikeyTX

And try and get that back if you have to sell it in 6 mos ................ Won't happen.

JerriVette

Buying any vehicle and selling in six months is a money losing proposition. The passion to own is the value...

JerriVette

Years back people used to bitch about market adjustment pricing by dealers and I believe rightly so....but these days people expecting discounts off msrp on a newly released product is a sad sign of the times in America.

Just my opinion..and not even worth two cents...

The time spent with the new c7 will be worth the lack of any discount pricing...

Like I said to those who are buying..

I'm envious for sure as will many others.

Enjoy

TXshaggy

"The time spent with the new c7 will be worth the lack of any discount pricing..."

Exactly!

BPhillyc8

Well stated...

JKbride

LPE385

I've never seen so many people HOPE the car they buy TANKS. If they keep production low then the market will stay strong New and Used. Just look at the market on used 2005-2011's as an example. You still have 2005 Convertibles with low miles selling wholesale at the auction for $32,000 to $34,000 give or take. You still have 2010 Grand Sports selling wholesale for $47,000 to $50,000 again give or take. Even the Z06 market has been strong for the past 3 years because production is so low and the new car is so expensive. If they keep production low like they have since 2009 on up then you will have a pretty stable market.

lottavettes

In South Florida on early C6, they were getting $7K to $9K over.
Same in SoCal. If you have more customers than allocation, it's what you do in a free market economy. But then I went up to Ohio a few months later and paid $4k under (more allocation than customers) with 3 feet of snow on the ground.

The problem with waiting is that you only get the big discounts on cars on the lot and you can never get exactly what you want. I'm older and richer now so I'm willing to pay full price to get my exact car.

lottavettes

Slynky

Not sure what your point is. If I knew what you were responding to, I might understand better.

I think most people understand the used value of a vehicle will not be adjusted up (or down) based on what one paid for it (above or below MSRP). All any of us need to be concerned about is what we paid for it and what we ultimately sell it for later. Knowing ahead of time that any amount I pay over MSRP will be extra money lost at sale time (and that any amount under MSRP will be money I save at sale time) is what everyone needs to understand. And I think most do understand that.

jb_va2001

A lot of the dealers with inflated prices are waiting for the spontaneous buy, a walk-in fool with too much money in his pocket.

sam90lx

And when those 10 fools buy what happens after no more fools.....Discounts!

JoesC5

I stepped out of my C5 long enough in the summer of 2004 to test drive a new C6. As I remember, there were no shortages of the new 2005 C6 for sale in August of 2004, and they were discounting them from the start. No big numbers of cars on the dealer's lots or huge discounts, but there were cars available and at a discount.

Now, the 2006 Z06 was another animal. They were going for huge mark ups over MSRP as they were in short supply and there was a terrific demand for them. But, with in two years, even as a limited production model, the prices for Z06s dropped significantly below MSRP. In 2007, new 2008 Z06's were selling for $6500 to $8500 off MSRP. same happened with the introduction of the ZR1.

B747VET

That's largely because the entire automotive market was crashing and nothing was moving. ZO6's at $8,000+ discounts languished in showrooms for weeks on end.

Bottom line, prices will fluctuate based on demand and levels of discretionary income. Resale values will only be impacted by equipment upgrade packages, and mostly in terms of ease of sale.

The C7 is all about the survival of the Corvette. If the C7 plunge down to C6 levels, the C7 may just be the last of the line. Higher demand and higher asking prices will likely mean much higher sales volumes which translates into a C8 being possible.

JoesC5

The economy didn't really start crashing for another year. 2008 c6's(35,310) sold as well as 2005(37,372),2006(34,021) and 2007(40,561).

Economy was still strong when I was offered $8,500 off a new 2008 Z06($77,790) in October 2007 by a dealer in Washington state. The 2007 Rod Fellows Z06 was selling for over MSRP. In May of 2008, the new 427 Limited edition 2008 Z06's were selling for $5,000 over MSRP.

I actually bought my 09 Z06 in July 2008(the beginning of the economy collapse) with a $11,477 discount).