nmvettec7

I think the only way to end the speculation over these programs is if a dealership or a top sales person like Dave@Kerbeck, Mike from Criswell, Rick Conti, or Les Stanford etc. are willing to respond on this.

There is no doubt that these fellows have already been made aware of the massive change in the CU program starting July 15th, 2015. There is also no doubt that these fellows have read this thread and the other threads reference this topic.

I would assume it is taboo for dealerships to discuss this thread or others ref the CU program and provide answers to so many questions . A response would end any speculation, clarify the programs and provide transparency to the CF members and potential Corvette buyers.

Until that happens there will be allot of speculation and most likely a lack of information made in subsequent posts here.

Hopefully someone who is in the know can provide more insight into this important topic of discussion.

Thanks to Ken at Denny Menholt for starting the original thread and original post.

Let's see if any of the top CF dealers or salespeople will step forward and address this issue.

Dave@Ciocca

I don't see why this is too big of a deal. The prices we are selling cars for is already at or below Supplier Pricing so for many of our customers, their deal just go better. They get our discounted price plus the $750 rebate. You guys should actually be happy about this!

Dave

Dave@Ciocca

I guess you haven't checked out our 2016 prices!

Dave

Dave@Ciocca

The $750 rebate will not show up till the new program starts on July 15th. Ken posted the actual dealer message from GM so there shouldn't be any confusion.

Like I said, our prices are already at or below Supplier Pricing for most cars. Getting the $750 makes our deals better than if you had the Credit Union pricing.

Dave

\Boost Monkey/

Ya dude, and that's great that you are pricing the way you are and why you're the top volume dealer for this reason, but the issue is not everybody in the U.S. wants to buy from a dealer that is, in some cases, on the other side of the continent.

No doubt business for you will pick up due to this change, but for those (like me) that wanted to buy local while getting the same deals you offered and without the BS hassle of courtesy delivery or private shipping, things just got a lot more complicated.

Dave@Ciocca

So use my website to get your local dealer to lower his price! Lots have done it, I don't mind!

Dave

Raiderh20boy

Village joe

Dave what percentage are you discounting your 2016

Raiderh20boy

I'm not concerned about your 2015 prices as I have a 2016 ordered with a TPW of 7-13 and that is my concern.

\Boost Monkey/

Yes and sometimes that is effective, but you know as well as I do that it's much easier to get a local dealer to accept CU pricing and get the kickback than it is to negotiate to the same price without the kickback.

For what it's worth, I did exactly what you suggested, and using your prices to do it. But my dealer was much more willing because of the kickback. Most non forum members and those not in the know are sill buying at sticker or little baby discounts here locally from what the finance guy told me.

Skidplate

Dave,

What will your discount on 2016 Corvettes be after July 14, 2015?

nmvettec7

Thanks for the response. I figured you were reading this thread and topic of discussion. You're the 1st CF dealer to respond. Kudos to Dave@Kerbeck.

No, I have not reviewed your current website, as Kerbeck was not a direct topic of discussion in this thread. I only asked if the "top gun" dealerships or salespeople would respond to the many questions that have been addressed here in this forum, which you did. Many of the questions asked addressed the pricing of 2016 models not 2015's. It is widely expected by most potential 2015 C7 buyers that large discounts might be available to move the 2015's off the dealers lots since the 2016's are already being delivered to dealer inventories. The 2015MY is not the issue here, it is the 2016MY that is. One of the big questions would be, what are your discounts going to be after July 15th on the 2016 models?

You certainly clarified the position only at Kerbeck on discounts and the extra $750 rebate. This address's your business model and does not suggest that other dealerships across the USA will sell at the same price points that Kerbeck is willing to do. This why your probably #1 in Corvette sales in the USA and have created such a large volume dealership. Retail business is all about volume sales, and Kerbeck certainly is a large volume dealership. You have proven business model, that other dealerships will not apply the same principles of business. .

Probably a good idea, but many dealers don't care what you sell your C7's at, as they are smaller low volume dealers who can't afford to discount at the same percentages as Kerbeck. Not all of the sales of the Corvette models come from Kerbeck. There is a wide distribution of sales across the country as many potential buyers don't want deal so far out state. While Kerbeck is a high volume dealer and #1 in sales, the overall percentage of Kerbeck sales to the 35,000 Corvettes sold in 2014 & 2015 is small in percentage terms. Thus, the sales figures show that the majority of sales are derived from a mulitude of dealerships based across the USA.

Thanks for the reply. There are still many questions that have to be answered by so many dealerships across the country ref this issue.

Classic-Chevy-Guy

Dave,

Can you use both the $750 rebate and the Points from a GM card?

Thanks

Dave@Ciocca

I am referring to 2016 prices!

We don't have a set percentage, it changes from car to car. But, as an example we have a 2016 Z51 Coupe with a MSRP of $72,455 that we are selling for $67,041. Than, I have a FE2 car with a MSRP of $70,350 that we are selling for $63,937.

The $750 rebate I talked about would come off of either one of those prices. On the Z51 the rebate would put you right around the Supplier Price. On the FE2, you'd be well below it.

Most of our 2016 inventory is online but the prices are not up yet. It takes time to go back and figure out the price of the cars after we already ordered them, but I'm working on it. If you see a car on our website that you like, email me the order number and I'll send you the price.

Dave

Dave@Ciocca

I don't know yet. If you asked me to guess I'd say yes, but I won't know until July 15th when we can use the look up tool. That tool shows all available programs and when you click one, it darkens all of the ones that are not compatible. My guess is it will be which is another bonus because you couldn't use those GM points with the old program.

Dave

nmvettec7

Dave:

If a dealer did have Supplier pricing or CU pricing which is usually a 9% discount off MRSP, does the dealership (yours or any other) get a reimbursement from GM for honoring that CU discount as on the 2015 models that you sold prior to July 14th, 2015?

If so, what is the percentage reimbursement?

Can you disclose this?

Dave@Ciocca

Yes they would, provided that the dealer was invoiced on the car and the customer completed the transaction prior to the end of the program.

However, do the best of my knowledge, no 2016 Corvettes have been invoiced yet. I know none of mine have so even if the car was here on July 14th, if I wasn't invoiced than I don't own it and can't sell it to you.

Basically, I can't report the car sold if it's not showing in my GM inventory and it can't show in my inventory if it hasn't been invoiced.

Dave

nmvettec7

Thanks for the reply, as we now know the dealership gets some reimbursement.

What is the percentage reimbursement?

Can you disclose this?

Raiderh20boy

I believe you wrote 2015 prices

C2367

In many cases this is a better deal if you work for a supplier and belong to a C/U, you would be able to work the deal C/U or Supplier that saves you most.