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Old Mar 22, 2015 | 04:46 PM
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Default C7 pricing question

I guess I cannot ignore the C7 any longer and am considering placing an order next week. My local dealer will order the car for May delivery at supplier pricing. (2lt convertible).

Is this about the best deal I can hope for in the mid 2015 model year?

Thanks all
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Old Mar 22, 2015 | 04:54 PM
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First, understand that we're at the end of the 2015 model year. This coming Thursday the final 2015 allocations will be released. It's now or never for a 2015 model. As for pricing, supplier pricing is a great deal. Unless you qualify for GM employee pricing, you should grab at supplier pricing; it works out to exactly $200 over invoice.
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Old Mar 22, 2015 | 05:00 PM
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Originally Posted by Karfever
I guess I cannot ignore the C7 any longer and am considering placing an order next week. My local dealer will order the car for May delivery at supplier pricing. (2lt convertible).

Is this about the best deal I can hope for in the mid 2015 model year?

Thanks all
I emailed four corvetteforum.com supporting dealerships and asked for their best price on a 2015 Stingray order. Three emailed me back. All three were less than supplier pricing with the best one being a little more than 11% under MSRP. Courtesy delivery to a local dealership is usually around $250 to $500, depending on the dealership. I've seen some do it for free. Best wishes!
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Old Mar 22, 2015 | 05:11 PM
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Originally Posted by jagamajajaran
I emailed four corvetteforum.com supporting dealerships and asked for their best price on a 2015 Stingray order. Three emailed me back. All three were less than supplier pricing with the best one being a little more than 11% under MSRP. Courtesy delivery to a local dealership is usually around $250 to $500, depending on the dealership. I've seen some do it for free. Best wishes!
Who were the three? I want to pull trigger on 2015.

Thanks,

Jim
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Old Mar 22, 2015 | 05:20 PM
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It is not always so cut and dried. I went with supplier pricing from a local dealer. It ended up being 9.2% discount under MSRP. I had previously sold them my C6 (1 week earlier) so I was credited for this on the state tax, so I saved an additional 1100. If I would have added the grouchy "*courtesy delivery" it would have been more. I guess it depends on circumstances, but for me it was worth going with the local guy.

* In the past, I would sometimes pick up company vehicles that were courtesy delivered, the dealers treated me like a criminal. (maybe they are better these days)

Originally Posted by jagamajajaran
I emailed four corvetteforum.com supporting dealerships and asked for their best price on a 2015 Stingray order. Three emailed me back. All three were less than supplier pricing with the best one being a little more than 11% under MSRP. Courtesy delivery to a local dealership is usually around $250 to $500, depending on the dealership. I've seen some do it for free. Best wishes!
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Old Mar 22, 2015 | 05:30 PM
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Originally Posted by crawfish333
It is not always so cut and dried. I went with supplier pricing from a local dealer. It ended up being 9.2% discount under MSRP. I had previously sold them my C6 (1 week earlier) so I was credited for this on the state tax, so I saved an additional 1100. If I would have added the grouchy "*courtesy delivery" it would have been more. I guess it depends on circumstances, but for me it was worth going with the local guy.

* In the past, I would sometimes pick up company vehicles that were courtesy delivered, the dealers treated me like a criminal. (maybe they are better these days)
I went with my local dealership too. Supplier was the best I could qualify for with them, but they wanted my business and matched the best price quote I had received. My dealership was willing to do courtesy delivery for $250 if I went that route and said they would be happy to PDI the vehicle for me.
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Old Mar 22, 2015 | 05:35 PM
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Originally Posted by Newman Boy
Who were the three? I want to pull trigger on 2015.

Thanks,

Jim
Jim, since the last chance to order a 2015 is coming up, I would suggest that you call Erik Hibbard at Les Stanford Chevrolet. Tell him Jeremy Welborn sent you. He won't let anyone beat his pricing and he shot me the best price right out of the gate.

Erik Hibbard
Internet Sales Manager
Les Stanford Chevrolet Cadillac
(313) 724-1484
www.lesstanford.com
erik_hibbard@lesstanford.com
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Old Mar 23, 2015 | 08:36 AM
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Thanks for the feedback guys!
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Old Mar 23, 2015 | 08:58 AM
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Originally Posted by Karfever
Thanks for the feedback guys!
Make sure you're local dealer has an allocation. The order itself is no good without an allocation by March 26.
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Old Mar 23, 2015 | 09:13 AM
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Thursday is the last day to order and if you want a vert you stand a much better chance of getting an allocation. Ordered mine 10 days ago from MacMulkin.. lt2 vert, auto, premium exhaust,carbon flash badges total was 58,807.04
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Old Mar 23, 2015 | 09:45 AM
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Originally Posted by dinows33
Thursday is the last day to order and if you want a vert you stand a much better chance of getting an allocation. Ordered mine 10 days ago from MacMulkin.. lt2 vert, auto, premium exhaust,carbon flash badges total was 58,807.04
That is just over an 11% discount which I think it is great. I will put the message into that dealership as well. Thanks so much.

Jim
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Old Mar 23, 2015 | 09:59 AM
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I was able to get 11% below MSRP from a forum dealer and a respectable trade-in for my ’06 vert with the option to sell it for more on my own, if I could, while I waited for delivery.

A local dealer has agreed to match that offer. I plan to place the order today.
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Old Mar 24, 2015 | 07:32 AM
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No guarentee of allocation for a 2015 order, so I guess I will wait for the 2016 pricing and see what is going to be availible, ie supplier pricing.
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Old Mar 24, 2015 | 09:51 AM
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Originally Posted by Karfever
No guarentee of allocation for a 2015 order, so I guess I will wait for the 2016 pricing and see what is going to be availible, ie supplier pricing.

I am not going to name any names at this point but some of the dealerships that have received high praise on this forum have been slow to put up any figures. I'm afraid that my chances for a 2015 will come down to me finding one at a small dealership in Idaho and flying out there to pick it up. None of the big Corvette dealerships seem all that interested in my business.

$1000 under invoice for an inventory car doesn't seem like much of a deal in light of the supplier discount. For a dealer trade I'm being quoted $1000 over invoice. I'm told the supplier discount has to be taken off MSRP. How can that be? If dealers are selling cars under invoice why would GM care where they use the money?

I'm not stupid. It is a question of supply and demand I guess. However, as the model year is changing one would think that getting 2015 vehicles off the lot would make some sense.

So I continue to pout and stamp my feet.
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Old Mar 24, 2015 | 10:07 AM
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Originally Posted by Newman Boy
I am not going to name any names at this point but some of the dealerships that have received high praise on this forum have been slow to put up any figures. I'm afraid that my chances for a 2015 will come down to me finding one at a small dealership in Idaho and flying out there to pick it up. None of the big Corvette dealerships seem all that interested in my business.

$1000 under invoice for an inventory car doesn't seem like much of a deal in light of the supplier discount. For a dealer trade I'm being quoted $1000 over invoice. I'm told the supplier discount has to be taken off MSRP. How can that be? If dealers are selling cars under invoice why would GM care where they use the money?

I'm not stupid. It is a question of supply and demand I guess. However, as the model year is changing one would think that getting 2015 vehicles off the lot would make some sense.

So I continue to pout and stamp my feet.
Don't confuse the supplier program with a discount, it's not. It's an agreed to price that includes a small kickback to the dealer as well as not impacting their hold back. Because this is a program with an agreed to price they cannot discount any further. The only way they can give you a better deal would be to increase the value of your trade, which can be like pulling teeth. However, these programs also require the dealer to credit you any and all incentives whether they are factory to customer or factory to dealer so in many instances the price can end up lower. At this time there aren't any publicly announced incentives for the C7 but with the level of discounting I'm seeing at some dealers it makes me wonder whether GM has some "trunk money" out there to move inventory. Trunk money are sales incentives GM uses regionally to motivate dealers to move specific inventory and isn't reported as incentives so none of the pricing sites know about it.

Also keep in mind only the very top volume dealers are discounting below supplier pricing, selling inventory at virtually their cost so they can keep their allocation levels. For 99% of the dealers selling Corvettes a supplier deal is a great deal for the customer and the dealer. Considering there is a built in incentive back to the dealership when they use one of these programs I am constantly amazed when I shop and tell a dealer I want to use the program and they say they can beat that price. The only explanation for that is either the floor manager's ignorance of the programs or back end deals they have with the manufacturer that they don't get if you buy on the program.
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Old Mar 24, 2015 | 10:42 AM
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Originally Posted by mjw930
Don't confuse the supplier program with a discount, it's not. It's an agreed to price that includes a small kickback to the dealer as well as not impacting their hold back. Because this is a program with an agreed to price they cannot discount any further. The only way they can give you a better deal would be to increase the value of your trade, which can be like pulling teeth. However, these programs also require the dealer to credit you any and all incentives whether they are factory to customer or factory to dealer so in many instances the price can end up lower. At this time there aren't any publicly announced incentives for the C7 but with the level of discounting I'm seeing at some dealers it makes me wonder whether GM has some "trunk money" out there to move inventory. Trunk money are sales incentives GM uses regionally to motivate dealers to move specific inventory and isn't reported as incentives so none of the pricing sites know about it.



keep in mind only the very top volume dealers are discounting below supplier pricing, selling inventory at virtually their cost so they can keep their allocation levels. For 99% of the dealers selling Corvettes a supplier deal is a great deal for the customer and the dealer. Considering there is a built in incentive back to the dealership when they use one of these programs I am constantly amazed when I shop and tell a dealer I want to use the program and they say they can beat that price. The only explanation for that is either the floor manager's ignorance of the programs or back end deals they have with the manufacturer that they don't get if you buy on the program.
Much appreciated. I've advised a couple of these big dealerships that I would pull the trigger at 11% off the MSRP. Really have heard little.

I have a friend who is married to the family that owns the dealership. I'm about ready to call her to put some pressure on! Problem is they can't dealer trade to get the car I want. They have a 3 LT Z 51 with more than the goodies I want selling for a little over 9% off MSRP at $71,000 +. The one I want has a $63,285 MSRP.

Doesn't do any good to put something on the sales portion of this forum and say I want to purchase…?

With my C6 it was a seamless transaction. The local dealer gave me an excellent deal. Different dealer from the one above. I check in with it last week and heard nothing. Send an email yesterday and heard nothing. Forward the same email with "???" And nothing yet.

Certainly, I am not seeing the mega dealers showing much interest in me.

Thanks again.
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Old Mar 24, 2015 | 11:20 AM
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Originally Posted by Newman Boy
Much appreciated. I've advised a couple of these big dealerships that I would pull the trigger at 11% off the MSRP. Really have heard little.

I have a friend who is married to the family that owns the dealership. I'm about ready to call her to put some pressure on! Problem is they can't dealer trade to get the car I want. They have a 3 LT Z 51 with more than the goodies I want selling for a little over 9% off MSRP at $71,000 +. The one I want has a $63,285 MSRP.

Doesn't do any good to put something on the sales portion of this forum and say I want to purchase…?

With my C6 it was a seamless transaction. The local dealer gave me an excellent deal. Different dealer from the one above. I check in with it last week and heard nothing. Send an email yesterday and heard nothing. Forward the same email with "???" And nothing yet.

Certainly, I am not seeing the mega dealers showing much interest in me.

Thanks again.
Email one of the salesman of the top dealers. Don't call- as the person picking up the phone may not be reliable in passing messages along. I emailed Dave Salvatore at Kerbeck and he got right back to me.
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Old Mar 24, 2015 | 12:05 PM
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Some of the smaller dealers may not have an allocation for another 2015 so they can’t do anything for you unless they can locate the car you want at another dealer. Then they have to share some of the profit.

My smaller dealer had one allocation left and I suppose he didn’t want to lose it. He originally quoted $1,000 off MSRP. I told him he’d have to do much better since I was talking to a forum dealer offering 11% off. He bumped my trade-in offer substantially ($27,500 for a very clean 1LT 2006 vert) then he matched the 11%. I booked the order yesterday.
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Old Mar 24, 2015 | 01:59 PM
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Originally Posted by Karfever
No guarentee of allocation for a 2015 order, so I guess I will wait for the 2016 pricing and see what is going to be availible, ie supplier pricing.
Went to school with Clay Smith, lived around the corner, heard his mother sold the Co. and he died riding a motor cycle in the dirt in Mexico many years ago. Did you know Clay? I see you are using the Logo as your Avatar.
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Old Mar 25, 2015 | 12:26 AM
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Originally Posted by Newman Boy
I am not going to name any names at this point but some of the dealerships that have received high praise on this forum have been slow to put up any figures. I'm afraid that my chances for a 2015 will come down to me finding one at a small dealership in Idaho and flying out there to pick it up. None of the big Corvette dealerships seem all that interested in my business.

$1000 under invoice for an inventory car doesn't seem like much of a deal in light of the supplier discount. For a dealer trade I'm being quoted $1000 over invoice. I'm told the supplier discount has to be taken off MSRP. How can that be? If dealers are selling cars under invoice why would GM care where they use the money?

I'm not stupid. It is a question of supply and demand I guess. However, as the model year is changing one would think that getting 2015 vehicles off the lot would make some sense.

So I continue to pout and stamp my feet.
Just to clarify, supplier pricing on a Corvette is exactly invoice + $200. I'm not aware of any dealers selling new Corvettes for less than invoice.

I urge you to keep in mind that any business is entitled to make a fair and reasonable profit. When someone says, "$1000 under invoice for an inventory car doesn't seem like much of a deal in light of the supplier discount" it makes me wonder whether not they agree. Businesses don't survive by selling their goods for less than what they pay for them.
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