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The 2016 model year should be a buyers market as the novelty wears off and market saturation occurs from earlier year turnovers.
That is for the base/Z51 narrow body C7. After a year of the C7 Z06 look for the release of a GS C7 for '16/'17. Just in time to trade in my '14 C7 Coupe.
I live in a town of 1.5 million with like 4 or 5 Chevy dealers. I think there is 1 Corvette on the lot anywhere.....
I live in a town of 150,000 with one Chevy dealer an he has a two left over 2014's on the lot. Ten miles away, town of 10,000 with one dealer, and he has a left over 2014. 20 mile away, town of 10,000, and one Chevy dealer and he has a 2015 Z51 coupe in transit(unsold).
Plus I've seen several used Stingrays on lots, locally.
I live in a town of 150,000 with one Chevy dealer an he has a two left over 2014's on the lot. Ten miles away, town of 10,000 with one dealer, and he has a left over 2014. 20 mile away, town of 10,000, and one Chevy dealer and he has a 2015 Z51 coupe in transit(unsold).
Plus I've seen several used Stingrays on lots, locally.
used is a different market than new. there is no used car factory. used cars come from individuals and individuals all have different reasons for moving away from their current vehicle. you can't measure the credibility of a model based on "seeing several used ones locally."
three dealers having three cars between them is nothing....when every (corvette) dealer has a good selection of cars and even with discounts they don't sell quickly, we have a demand problem.
just because supply and demand are starting to even out doesn't mean the car suddenly sucks, lol. it means the system is working properly.
I've noticed forum dealers already offering over $5-8K off MSRP for 2015 C7s. Is there a decrease in demand for the C7 as the initial popularity of the car has declined?
Read Kerbeck's ad carefully. I'm seeing SPECIFIC VIN models at 4-6k off. I'm willing to bet other similar models have less of a discount.
There is nothing to support your theory that GM will all of a sudden give the 2015s more attention to detail than the 2014s.
Until proven, then people buying 2015s aren't getting cars that GM paid additional attention to detail to during the manufacturing/quality control process. .. Z06 too.
To add ...or perhaps I am just swayed by the fact I happen to own a 2014 C7 that must have gone through the process with a rigorous attention to detail and quality.
Read Kerbeck's ad carefully. I'm seeing SPECIFIC VIN models at 4-6k off. I'm willing to bet other similar models have less of a discount.
Actually, go to our inventory page and you will see the discounts for every car and you will see every car is discounted. The discounts start at a little over $4,100 and go to over $7,000 based on the MSRP. No "special" cars, they all get the big discounts.
Read Kerbeck's ad carefully. I'm seeing SPECIFIC VIN models at 4-6k off. I'm willing to bet other similar models have less of a discount.
If you go to their new Corvette inventory, Kerbeck lists all their in stock Vettes they have with each of them having their own discount off MSRP on the right. I must count around 80 2015 coupes they have in stock and many more inbound. Someone posted that for 2015 the MSRP has gone up around $5K so with the discount you're really paying the same as someone who bought a 2014. Well at least you're getting a newer model with all the improvements, however small they may be, for the same price as a 2014.
My 2014 C7 seems it went through a more rigorous checks/balances/quality control process than my 2007 C6.
My C7 overall quality far exceeds that of the C6. ..and we're even comparing the 1st model year to the 3rd model year.
So, personally I question why we would even be comparing the C7 quality control to that of the C6.
The comparison would be the improvement of your 07 over an 05. This could lead one to believe that trend would carry to the next gen. I just tend to think a year or two of production followed by slower production schedule would produce a better product. If I was trading in a 14 for a 16 I would expect it to be a better car.
The comparison would be the improvement of your 07 over an 05. This could lead one to believe that trend would carry to the next gen. I just tend to think a year or two of production followed by slower production schedule would produce a better product. If I was trading in a 14 for a 16 I would expect it to be a better car.
Your point makes sense.
However, based on my own experience, the bar seems to have been set much higher by GM with the C7, leaving smaller room for improvement from year to year, compared to the C6 run.
One of the things I like about the corvette is that not everyone can drive one because of the cost, and when people see it they stop and stare. It's not exactly a Toyota Camry that you see all over the place. So my opinion is if you're hoping for a discount then maybe you can't afford a new corvette to begin with.
From: Pottsville, PA. USA Home Of America's Oldest Brewery Yuengling
One of my dealer friends told me he has no cars for stock until the 1st of the year. He has that many sold 15 orders. Another dealer friend of mine has four 2015's in stock and his next 12 cars are all sold orders.
The C7 is still selling very well. Someone before said there are 1.400 leftover 14's. Two ways to look at that. 37,000 cars built for 14 and only 1,400 leftovers that means 35,600 cars were sold and in the hands of owners. Now the 1,400 leftovers how many are sitting because dealer wants over list, list, or a little discount?
Over produced and not managed correctly
Over allocation for some will create this every time.
Also the discounts basically put the price right back where it started in 14.
Over produced and not managed correctly
Over allocation for some will create this every time.
Also the discounts basically put the price right back where it started in 14.
They let certain dealers order away and stockpile inventories and these dealers could care less because they eventually wind up making something on the car. It always happens with Corvette's and it's a shame imo.
The huge initial demand from the 14's created a backlog that has now been filled.
There are 1830 unsold 2014's sitting on lots, and good number of 2015's.
The discounts are here to stay.
The current discount for a 2015 stingray coupe w/z51 is $4500-5000,
More for very and non-z51's.; expect them to get bigger though 2015 and into 2016 before the 2017 refresh, and/or GrandSport.
I hope you are right, that just means the discounts will be deeper sooner, but I'm not counting on it. Let's revisit this topic in a few months. If Kerbeck still has 100 cars on the lot at any given time, then we will know for sure.
I remember back when I used to work at a huge auto dealership in my area. Whenever a new hot car came out, the dealer used to try and charge above sticker, run lotteries, restrict colors, or whatever it took to maximize profit before the supply caught up. There's a lot of money that one can make off the people that have to have the latest and greatest immediately. Apple comes to mind as a company that's very successful doing that.
Designer Imagines A Corvette That Looks More Like a Corvette Than the Corvette
Slideshow: A Jaguar designer's personal project imagines what a modern front-engined Corvette might look like if Chevrolet revisited the golden age of the Stingray.