Top 10 cars stuck on dealer lots
03-17-2017, 02:22 PM
#2
Safety Car
Member Since: Feb 2016
Location: Bainbridge Island WA
Posts: 4,980
Received 3,818 Likes
on
1,614 Posts
Sounds like opportunity knocking if you are in the market.
The following users liked this post:
Rebel Yell (03-17-2017)
03-17-2017, 02:44 PM
#6
Le Mans Master
If there are any significant changes for 2018 model year (refreshed exterior, HP bump, 10 speed auto) expect some YUGE discounts on 2017 and still leftover 2016 models.
03-17-2017, 04:09 PM
#8
Burning Brakes
Dealer near to me has a red 16 3LZ Z06 on the lot.
Black wheels, black interior with red stitching, and the A8.
MSRP is $96K and change.
Dealer has been sitting at $85K for months.
I will not be in a position to buy until mid summer.
Black wheels, black interior with red stitching, and the A8.
MSRP is $96K and change.
Dealer has been sitting at $85K for months.
I will not be in a position to buy until mid summer.
Last edited by Mike Jesse; 03-18-2017 at 07:48 PM.
03-17-2017, 04:36 PM
#9
Le Mans Master
I contacted several dealers when looking at 2016 leftovers (this was on base and Z51 Stingray) and all of them were willing to give me 20-22% off list price (which was lower than their advertised online price). My guess is you could get this car (or one like it) for high $70's.
03-17-2017, 04:40 PM
#10
Le Mans Master
Member Since: Sep 2012
Location: Hagerstown MD
Posts: 6,876
Received 1,738 Likes
on
1,174 Posts
St. Jude Donor '15-'16,'18
If BG keeps turning out cars through the summer and sales don't pick up dealers will be giving Corvettes away by July.
03-17-2017, 04:47 PM
#11
Race Director
It's still Winter, half the nation got clobbered by snow storm.
For much of the nation, Corvette's a fair weather ride.
Many aren't actively shopping, quite yet.
Let's revisit these #s 3rd week of April thru' May.
Think there'd still an over supply once the 'season' gets rolling?
For much of the nation, Corvette's a fair weather ride.
Many aren't actively shopping, quite yet.
Let's revisit these #s 3rd week of April thru' May.
Think there'd still an over supply once the 'season' gets rolling?
03-17-2017, 04:56 PM
#12
Burning Brakes
I contacted several dealers when looking at 2016 leftovers (this was on base and Z51 Stingray) and all of them were willing to give me 20-22% off list price (which was lower than their advertised online price). My guess is you could get this car (or one like it) for high $70's.
I can only hope you are right.
0% for 72 sure looks good.
I simply have to wait until mid summer at the earliest.
03-17-2017, 05:00 PM
#13
Le Mans Master
It's still Winter, half the nation got clobbered by snow storm.
For much of the nation, Corvette's a fair weather ride.
Many aren't actively shopping, quite yet.
Let's revisit these #s 3rd week of April thru' May.
Think there'd still an over supply once the 'season' gets rolling?
For much of the nation, Corvette's a fair weather ride.
Many aren't actively shopping, quite yet.
Let's revisit these #s 3rd week of April thru' May.
Think there'd still an over supply once the 'season' gets rolling?
Last edited by thill444; 03-17-2017 at 05:00 PM.
03-17-2017, 05:10 PM
#14
If the inventory surplus is that great, 330 days worth, I would think it would be cheaper to stop production early and sell what already has been produced. Unless the 2018s are going to be vastly different (improved)
it will affect the new model year sales as well. I get that the dealerships need movement of product. Watering down the value of the car will make it worse in the long run IMO. We all know chevy has made a great car with the corvette. We also should be aware that there is a supply and demand problem management should have seen coming.
it will affect the new model year sales as well. I get that the dealerships need movement of product. Watering down the value of the car will make it worse in the long run IMO. We all know chevy has made a great car with the corvette. We also should be aware that there is a supply and demand problem management should have seen coming.
03-17-2017, 06:00 PM
#15
Race Director
I'm sure it will help but dealers keep ordering these like they think it is 2014 or something. If you look at Cargurus it is suprising how many Corvettes have been sitting on dealer lots for 3 months, 6 months, and some even 9+ months. Yet they keep ordering more. Crazy.
From the very rollout of C7 seemed GM cranked up production to some stunning year-end #s thru' '16.
While many thought it great, verified popularity?
High production #s must have a negative impact on resale, especially w/ unsold never titled stock. Crazy, indeed.
Still #s aren't a real tell, many believe economy's set to take-off xlat'g into much stronger Corvette sales. Firming prices follow demand.
One thing's for certain, right now's a buyer's market.
03-17-2017, 07:03 PM
#17
Le Mans Master
Well, you also have to consider that inventory is always high from November to April because most of the country is in "winter" mode. these levels should drop significantly in the next 30-50 days as spring arrives in the northern half of the country. That being said, I bought a 16 in January for 61k with a MSRP of 80,255. I'm not great at math but that looks like 24% off all day every day. It will be good pickins.....there WILL be incentives for the dealers from GM to help them move the inventory soon.
Last edited by jimmie jam; 03-17-2017 at 07:05 PM.
03-17-2017, 07:06 PM
#18
Safety Car
Member Since: Feb 2016
Location: Bainbridge Island WA
Posts: 4,980
Received 3,818 Likes
on
1,614 Posts
I thought the factory was shutting down for an extended period of time this summer, as in months--not weeks, for a major re-tooling. I may be wrong about this second part, but I heard that all corvettes built are ordered, either by customers or dealers. So isn't it reasonable to assume the factory (and dealers) are front loading inventory so there are still cars on the lots for the several months the plant will be closed?
03-17-2017, 10:22 PM
#20
