dval

Any word on June's c7 programs (rebates)

mitchydkid

June 2016 GM Incentives on new 2016 Corvettes:

1- Corvette owner loyalty (must own 1999 or newer Corvette and have current Reg card) $2,000 rebate good thru June 30th on 2016 Stingray or Stingray Z51.

For Stingray/ Stingray Z51 or Z06 purchases:

2- Conquest rebate of $750 good thru June 15th. Must have current Reg card of non GM vehicle 1999 or newer.

3- Equinox owner- $1,500 rebate if you currently own a Chevrolet Equinox. (Good thru June 30th.)

Vettin Man

Is is just me or does it seem like GM is making too many Corvettes now. All these rebates to move inventory just cheapens the car IMO. They never did rebates for probably almost the entire C5 run. Crazy.

dval

Thanks . I thought thay might be better then last month

senah

shown on bomnin in miami c7 ad, not confirmed

$1,000 - Chevrolet Select Model Bonus Tag Cash Program. Exp. 06/30

mitchydkid

Maybe so. Personally I think the cars are just over priced to start with (flame suit on). I'm not bashing the car, but 8 years ago a my well optioned 3LT with Z51 was mid 50's. Now, a very similar 2LT config is 15k more! I understand, 8 years is a long time... but 15k? 27%? The inflation rate over that period was 11%. None of my other long term consumer goods have risen that much and neither has my pay check. I can't be the only one. Now if you look at the discounts being offered they bring the price back to were they would be if only inflation had affected the price.

I am guessing GM's initial price increases where a fishing exercise to see just what consumers are willing to pay for an awesome new Vette. Now that sales are leveling off the discounts are needed to price the Vette at a more appropriate level.

Just my opinion, but the car has not been cheapened, just price corrected.

OhioRiderAaron

I tend to agree! I don't think the Corvette has cheapened at all since the product is better than previous generations. Most* cars are overpriced now IMO, $40,000+ for a Ford Focus, Subaru STI, Golf R and you can build a Camaro for $50,000+ in 2016. Automobiles are just too darn expensive these days.

I'm personally hoping the incentives improve over the next few months

dval

I don't know how many 2015 c7s where at the dealers last June but it looks like there are a large number this year and with the GS coming out I would think that they would have do something to move those units.

Jay_Davis

So get I get both 1 and 2?

GM'er

No, GM considers these both "private offers", and only 1 private offer is allowed per deal.

mitchydkid

No, 1 OR 2 OR 3.

But the good news is this is GM money, not dealer money. So you can negotiate your best price with the dealer and then get this money too. Unfortunately, to truly get this discount AND dealer discount, you should probably not let the dealer know you have a Corvette currently. Negotiate your price without divulging your current Vette ownership and then ask for the 2K when you inform them of your current Vette AFTER you get their best price. This will make sure the dealership does not try and include the GM money in their discount and also, if you are trading the Vette, you will get the honest trade value instead of the ol' dealer shell game.

My local dealer advertised 10,200 off a nice Vette. This price was posted on their website BEFORE the 2K loyalty incentive was announced. After the incentive was announced i stopped by to look at the car. Sales manager at first was shocked to find out how much the web price was. After I mentioned the loyalty money he claimed it was figured into the web price. Same guy also told me his dealership only sold less Corvettes than Kerbeck. I just smiled and left. Can't buy from people like that.

Streetrod782

Price out a well equipped truck these days and you will have some sticker shock. It's easy to reach $60 plus for a half ton truck. Just insane.

w0rM

They aren't in business to keep cars highly valued. Selling units is how they survive. I admit it bums me out to see my car losing $300 or $400 in value every month but cars aren't investments. They're either transportation or expensive toys.

/2 cents

spinkick

I read somewhere that the average financing for cars was around 508 a month and 68 months!!! Like a university, they charge it because they can.