2015 Corvette Price Increase
08-12-2014, 05:08 PM
#181
1st Gear
Member Since: Jan 2014
Location: Alma Ar
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Price Increase
GM Greed taking advantage of long time customer s. $4200 in less than a year! What's next re calls.... oh wait they have started too! Making my c6 look better all the time. Don't get me wrong it's a great new car that the engineering group has done a fantastic job on.... Best ever ( owned 8).
It's a shame the GM powers that be are putting this excessive price gouging on the very customer base that have carried the brand for years!
Some say it's not much, but it is to us that are retired and or other that certainly don't get increases like this! My 2 cents........!
It's a shame the GM powers that be are putting this excessive price gouging on the very customer base that have carried the brand for years!
Some say it's not much, but it is to us that are retired and or other that certainly don't get increases like this! My 2 cents........!
08-12-2014, 05:21 PM
#182
Platinum Supporting Dealership
Thread Starter
08-12-2014, 05:59 PM
#183
Melting Slicks
With all the talk about the $1,000 across the board base price increase I didn't see any conversation about the option increases. The notable one i found was the 8 speed auto at $1,725 VS $1,350 for the '14 6 speed. I was expecting there to be a bump and am not criticizing or defending it but just surprised that it hadn't come up in the discussion earlier. (unless I happened to miss it) That makes the number a $1,375 increase for those opting for an automatic. I didn't check the other options but assume there are adjustments on most as well.
08-12-2014, 07:07 PM
#184
Man, the price of a Z51 Vette has gone up nearly 10% in just a matter of a few months... GM must be banking on this car by now.
From what I've seen, sales don't seem high enough to justify this rapid of price increases. Makes me wonder if it's just artificial so dealers can more comfortably offer their own incentives.
From what I've seen, sales don't seem high enough to justify this rapid of price increases. Makes me wonder if it's just artificial so dealers can more comfortably offer their own incentives.
08-13-2014, 12:18 AM
#185
Drifting
GM Greed taking advantage of long time customer s. $4200 in less than a year! What's next re calls.... oh wait they have started too! Making my c6 look better all the time. Don't get me wrong it's a great new car that the engineering group has done a fantastic job on.... Best ever ( owned 8).
It's a shame the GM powers that be are putting this excessive price gouging on the very customer base that have carried the brand for years!
Some say it's not much, but it is to us that are retired and or other that certainly don't get increases like this! My 2 cents........!
It's a shame the GM powers that be are putting this excessive price gouging on the very customer base that have carried the brand for years!
Some say it's not much, but it is to us that are retired and or other that certainly don't get increases like this! My 2 cents........!
In the end, GM doesn't set the price. The free market of willing and well-informed sellers and buyers does. If C7 prices are too high, no need to erupt in a supervolcano of righteous wrath; just don't buy one. If enough other people don't buy one, then the price comes down. Dodge I mean SRT I mean Dodge found this out the hard way, with 400-odd Gen 5 Vipers and their $110-150k stickers gathering dust in the showrooms of dealers who can't bring themselves to admit that the correct price is $20-30k less.
08-13-2014, 02:16 PM
#186
I guess GM is going to use the $1,000 to fix mine and the other 78,000 2006 recalls for our lights. I dont mind, too much, the increase, but i sure as heck mind poor quality and sloppy manufacturing/assemblage for Corvettes.
08-13-2014, 02:27 PM
#187
Racer
It's funny that all the talk of the "entitlement culture" stops when the subject is something like Corvette pricing. Lots of people here seem to think that GM owes it to them to price the car within their budget because they've bought Corvettes in the past.
I think GM is interested in cultivating an evolving customer base that will be around decades from now to support the car. Lincoln kept catering to the same buyers, and look where that left them. A fixed customer base eventually ages out.
GM has a factory that can currently build less than 40k cars a year. (I believe the count was 36k for 2014 on the basis of VINs.) They've expanded the pool of buyers beyond the Corvette faithful. They're just doing their job as a business to maximize their profits for the cars that the factory can produce.
This isn't like the botched recalls where the profit motive was endangering lives.
I think GM is interested in cultivating an evolving customer base that will be around decades from now to support the car. Lincoln kept catering to the same buyers, and look where that left them. A fixed customer base eventually ages out.
GM has a factory that can currently build less than 40k cars a year. (I believe the count was 36k for 2014 on the basis of VINs.) They've expanded the pool of buyers beyond the Corvette faithful. They're just doing their job as a business to maximize their profits for the cars that the factory can produce.
This isn't like the botched recalls where the profit motive was endangering lives.
Last edited by AustinVettes; 08-13-2014 at 02:47 PM.
08-13-2014, 05:49 PM
#189
Instructor
A $1K increase may not be much to you but to some its a lot, to those that are so privileged I guess means nothing. GM has such a good demand for the C7 they are taking advantage of those who where considering purchasing a 2015. You hope there is another price increase mid-year is a little asinine don't you think?
Last edited by Crusin; 08-13-2014 at 07:01 PM.
08-13-2014, 05:57 PM
#190
Instructor
08-13-2014, 06:07 PM
#192
08-13-2014, 06:12 PM
#193
It's funny that all the talk of the "entitlement culture" stops when the subject is something like Corvette pricing. Lots of people here seem to think that GM owes it to them to price the car within their budget because they've bought Corvettes in the past.
I think GM is interested in cultivating an evolving customer base that will be around decades from now to support the car. Lincoln kept catering to the same buyers, and look where that left them. A fixed customer base eventually ages out.
GM has a factory that can currently build less than 40k cars a year. (I believe the count was 36k for 2014 on the basis of VINs.) They've expanded the pool of buyers beyond the Corvette faithful. They're just doing their job as a business to maximize their profits for the cars that the factory can produce.
This isn't like the botched recalls where the profit motive was endangering lives.
I think GM is interested in cultivating an evolving customer base that will be around decades from now to support the car. Lincoln kept catering to the same buyers, and look where that left them. A fixed customer base eventually ages out.
GM has a factory that can currently build less than 40k cars a year. (I believe the count was 36k for 2014 on the basis of VINs.) They've expanded the pool of buyers beyond the Corvette faithful. They're just doing their job as a business to maximize their profits for the cars that the factory can produce.
This isn't like the botched recalls where the profit motive was endangering lives.
This car is an absolute steal at these prices folks! Stop your complaining!!
08-13-2014, 06:25 PM
#194
Racer
Eventually the price may go high enough that I don't want to spend the money to get one. And on that day, I will play the world's smallest violin to myself, and cry myself to sleep for having first world problems. Maybe I can get a jump on it by getting angry that Porsche prices the 911 GT3 out of my budget.
At the end of the day, the Corvette is a toy. It's not like we're working three jobs and it's $1000 separating us from basic transportation to get to work to feed a family. That would be an actual problem. Sometimes we just need some perspective.
Last edited by AustinVettes; 08-13-2014 at 06:33 PM.
08-13-2014, 06:35 PM
#195
Instructor
GM Greed taking advantage of long time customer s. $4200 in less than a year! What's next re calls.... oh wait they have started too! Making my c6 look better all the time. Don't get me wrong it's a great new car that the engineering group has done a fantastic job on.... Best ever ( owned 8).
It's a shame the GM powers that be are putting this excessive price gouging on the very customer base that have carried the brand for years!
Some say it's not much, but it is to us that are retired and or other that certainly don't get increases like this! My 2 cents........!
It's a shame the GM powers that be are putting this excessive price gouging on the very customer base that have carried the brand for years!
Some say it's not much, but it is to us that are retired and or other that certainly don't get increases like this! My 2 cents........!
08-13-2014, 06:35 PM
#196
Effective today, the base price of each of the four 2015 Corvette models will have an increase in the base price of $1,000. Sold orders placed into the GM ordering system prior to the price increase will be price protected.
My guess is that this is the price GM wanted to have the entire time but they wanted to get people with unfilled 2014 Corvettes to get a chance at the old price, but that is only my guess.
Dave
My guess is that this is the price GM wanted to have the entire time but they wanted to get people with unfilled 2014 Corvettes to get a chance at the old price, but that is only my guess.
Dave
------------------
Below is a full list of options and pricing for the 2015 Corvette Stingray:
Corvette NON Z51 Coupe $53,000*
Corvette Z51 Coupe $58,000*
Corvette NON Z51 Convertible $58,000*
Corvette Z51 Convertible $63,000*
* includes $995 destination charge
Read more: http://gmauthority.com/blog/2014/07/...#ixzz3AJRS3RXD
-----------------------
Then Dave Kerbeck posted this:
Body Style MSRP Options MSRP
1YY07 Stingray Coupe $54,995
1YX07 Stingray Coupe w/Z51 $59,995
1YY67 Stingray Convertible $59,995
1YX67 Stingray Convertible w/Z51 $64,995
http://www.kerbeck.com/kerbeck/kerbe...te_Information
So it appears the 2015 models actually went up $1995 dollars and that is assuming the latest prices include $995 destination charge. It also appears the Z51 which includes the NPP is a better deal than the non-Z51.
.
08-13-2014, 06:38 PM
#197
Instructor
The price changes HAVE affected me in the past. I don't want it to seem like I have unlimited money. My first Corvette was a 2002 Z06. The C6 Z06 was too expensive for me, so I didn't buy it. I wasn't angry with GM that I couldn't afford it. I just got a convertible instead. I'd also like to have ordered a 3LT for my C7, but I didn't want to pay for that either.
Eventually the price may go high enough that I don't want to spend the money to get one. And on that day, I will play the world's smallest violin to myself, and cry myself to sleep for having first world problems. Maybe I can get a jump on it by getting angry that Porsche prices the 911 GT3 out of my budget.
At the end of the day, the Corvette is a toy. It's not like we're working three jobs and it's $1000 separating us from basic transportation to get to work to feed a family. That would be an actual problem. Sometimes we just need some perspective.
Eventually the price may go high enough that I don't want to spend the money to get one. And on that day, I will play the world's smallest violin to myself, and cry myself to sleep for having first world problems. Maybe I can get a jump on it by getting angry that Porsche prices the 911 GT3 out of my budget.
At the end of the day, the Corvette is a toy. It's not like we're working three jobs and it's $1000 separating us from basic transportation to get to work to feed a family. That would be an actual problem. Sometimes we just need some perspective.
08-13-2014, 07:13 PM
#198
Instructor
I agree. The price a customer pays for a vehicle can be a lot, so when cars are built with poor quality it leaves a sour taste in ones mouth. As with everything there is always a few kinks to work out to get a better product but there is no excuse for poor Quality.
08-13-2014, 11:09 PM
#199
Burning Brakes
Regardless of whether or not that's their plan, it's kinda a downer. I'm aware of how the free market works, but as a potential consumer who's always admired the Corvette's amazing (and steady) pricing, it's upsetting to see the price go up so much so quickly.
Last edited by RocketGuy3; 08-13-2014 at 11:12 PM.
