How many plan on cancelling their 2018 order?
#101
I was told differently by MacMulkin in that I could not transfer my deposit to another order and I asked the same day I heard the 2019 announcement. I asked that specific question about transferring my order as my TPW is 01/01/2018 which means mine will be delivered just as they start making 2019s. This is later than I envisioned as I had my order placed on 15 August.
The deposit is tied to the car ordered and MacMulkin cannot simply cancel the order. Thus they end up with an unsold car to add to their own large number of orders of 2018s which they will probably have to discount more to clear their inventory. Please let me know if this is incorrect but that is my understanding
Where are these contracts as all I got was an e-mail? I never saw anything resembling a contract.
So I checked the e-mail I got from MacMulkin and this is what it said:
"The deposits do become non refundable once the order is placed with allocation. We do this since at that point, the order cannot be changed at all and we have used up an allocation for your personal sold order. We will give you a heads up prior this happening in since we want to confirm the order one last time before it's tied with allocation"
I think that is very plain language when it says the order cannot be changed at all and asking to have the deposit switched to a new order would clearly be a change.
For a couple of reasons, I personally am not happy about all this, especially the timing of the GM allocation sweep and then the next day hearing about the early 2019 production. The timing smells on this and I think it was an unintended leak from GM. However in response to the thread query on cancellation, I am proceeding with my order.
The deposit is tied to the car ordered and MacMulkin cannot simply cancel the order. Thus they end up with an unsold car to add to their own large number of orders of 2018s which they will probably have to discount more to clear their inventory. Please let me know if this is incorrect but that is my understanding
Where are these contracts as all I got was an e-mail? I never saw anything resembling a contract.
So I checked the e-mail I got from MacMulkin and this is what it said:
"The deposits do become non refundable once the order is placed with allocation. We do this since at that point, the order cannot be changed at all and we have used up an allocation for your personal sold order. We will give you a heads up prior this happening in since we want to confirm the order one last time before it's tied with allocation"
I think that is very plain language when it says the order cannot be changed at all and asking to have the deposit switched to a new order would clearly be a change.
For a couple of reasons, I personally am not happy about all this, especially the timing of the GM allocation sweep and then the next day hearing about the early 2019 production. The timing smells on this and I think it was an unintended leak from GM. However in response to the thread query on cancellation, I am proceeding with my order.
I agree, their language in the quoted email is extremely clear.
If they have given you that heads-up one last chance to confirm, you're locked in.
If you absolutely want a built-to order C7, then I believe baring any massive 2019 MY changes, then you're going to be a very happy buyer.
The value of your 2018 in $s going forward, will be inconsequential on sale day. As explained by Jeremy and Foosh.
I don't believe there will be any consequences to having bought a 2018 C7, vs a 2019 C7.
#102
Race Director
Thread Starter
We have similar tastes for our C7s, as I also ordered mine with the body color roof, carbon flash badges, black wheels and red calipers
#103
Safety Car
With Rick Conti's announcement today that 2018s are going to stop production early and the 2019s will start around the end of January, how many of you that have 2018 orders in the system plan on cancelling that order?
I'm keeping my order alive! I'm especially looking forward to the possibility that my C7 could share my birthday of December 8th! So I can't turn my back on my possible twin
I would also imagine if you cancel an order at this point you would lose your deposit? If true, that could be a costly decision, as you'd also be almost guaranteed the 2019 price will not be as good as the 2018 either.
Either way, GM is going to need to tell us what the 2019 changes are going to be pretty soon! Hopefully some info will start to leak out on here in the next few weeks.
I'm keeping my order alive! I'm especially looking forward to the possibility that my C7 could share my birthday of December 8th! So I can't turn my back on my possible twin
I would also imagine if you cancel an order at this point you would lose your deposit? If true, that could be a costly decision, as you'd also be almost guaranteed the 2019 price will not be as good as the 2018 either.
Either way, GM is going to need to tell us what the 2019 changes are going to be pretty soon! Hopefully some info will start to leak out on here in the next few weeks.
Really?I would never purchase another GM vehicle.
#104
It means if you have custom-ordered a car to your specs, and once that car is scheduled for production, you lose your deposit if you do not take delivery. That's only fair as many who custom order specify color combos and specs that a dealer would likely not order for stock.
That's true of all manufacturers. If you're not 100% positive you're going to take delivery then you should not be custom ordering a vehicle of any make. Any deposit you place on an in-stock car to hold it until you have a chance to inspect is fully-refundable.
The exception to this rule is if your custom-ordered car shows up defective. You would then have recourse to refuse delivery.
Lastly, it would be idiotic to put anything other than the minimum-required deposit down on a custom-ordered vehicle.
That's true of all manufacturers. If you're not 100% positive you're going to take delivery then you should not be custom ordering a vehicle of any make. Any deposit you place on an in-stock car to hold it until you have a chance to inspect is fully-refundable.
The exception to this rule is if your custom-ordered car shows up defective. You would then have recourse to refuse delivery.
Lastly, it would be idiotic to put anything other than the minimum-required deposit down on a custom-ordered vehicle.
Last edited by Foosh; 10-16-2017 at 02:57 PM.
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Skid Row Joe (10-16-2017)
#105
Race Director
Thread Starter
#106
Racer
You have to ask yourself; What is the cancellation worth to me?
How much is your deposit? I would assume $1,000
If you feel it is worth it,, just walk, looe your deposit, and place your order with one of the other top 2.
Trust me when I say your dealer does not want you to walk away from the order. They would not want other potential customers to know that they would not refund your deposit. Most likely, your dealer will offer some sort of discount for you to stay.
So ask yourself.... you don't owe your dealer anything....you can walk away. (they will most likely send you a check for your deposit.)
#108
Burning Brakes
MD -
You have to ask yourself; What is the cancellation worth to me?
How much is your deposit? I would assume $1,000
If you feel it is worth it,, just walk, looe your deposit, and place your order with one of the other top 2.
Trust me when I say your dealer does not want you to walk away from the order. They would not want other potential customers to know that they would not refund your deposit. Most likely, your dealer will offer some sort of discount for you to stay.
So ask yourself.... you don't owe your dealer anything....you can walk away. (they will most likely send you a check for your deposit.)
You have to ask yourself; What is the cancellation worth to me?
How much is your deposit? I would assume $1,000
If you feel it is worth it,, just walk, looe your deposit, and place your order with one of the other top 2.
Trust me when I say your dealer does not want you to walk away from the order. They would not want other potential customers to know that they would not refund your deposit. Most likely, your dealer will offer some sort of discount for you to stay.
So ask yourself.... you don't owe your dealer anything....you can walk away. (they will most likely send you a check for your deposit.)
#109
Le Mans Master
Depends what you mean by big price drops, but I suspect the best used deals will be over the winter. You can probably find some now if you know how to negotiate. But don't expect anything below low $60K to high $50's..
#110
Team Owner
It means if you have custom-ordered a car to your specs, and once that car is scheduled for production, you lose your deposit if you do not take delivery. That's only fair as many who custom order specify color combos and specs that a dealer would likely not order for stock.
That's true of all manufacturers. If you're not 100% positive you're going to take delivery then you should not be custom ordering a vehicle of any make. Any deposit you place on an in-stock car to hold it until you have a chance to inspect is fully-refundable.
The exception to this rule is if your custom-ordered car shows up defective. You would then have recourse to refuse delivery.
Lastly, it would be idiotic to put anything other than the minimum-required deposit down on a custom-ordered vehicle.
That's true of all manufacturers. If you're not 100% positive you're going to take delivery then you should not be custom ordering a vehicle of any make. Any deposit you place on an in-stock car to hold it until you have a chance to inspect is fully-refundable.
The exception to this rule is if your custom-ordered car shows up defective. You would then have recourse to refuse delivery.
Lastly, it would be idiotic to put anything other than the minimum-required deposit down on a custom-ordered vehicle.
How about this manufacturer....
"Model 3 Reservation Deposit
The cost of a reservation is approximately $1,000 USD. Please see the table below for the amount in your local currency. Note that the reservation payment is fully refundable if you cancel your reservation."
PS- That manufacturer is Tesla and the deposit if for a Model 3 that will be built in the FUTURE(not a deposit to hold an IN-STOCK Model 3).
https://www.tesla.com/support/model-...vation-deposit
Last edited by JoesC5; 10-16-2017 at 05:06 PM.
#111
Race Director
Really???? You sure of that statement of fact you just made!!!!!
How about this manufacturer....
"Model 3 Reservation Deposit
The cost of a reservation is approximately $1,000 USD. Please see the table below for the amount in your local currency. Note that the reservation payment is fully refundable if you cancel your reservation."
PS- That manufacturer is Tesla and the deposit if for a Model 3 that will be built in the FUTURE(not a deposit to hold an IN-STOCK Model 3).
https://www.tesla.com/support/model-...vation-deposit
How about this manufacturer....
"Model 3 Reservation Deposit
The cost of a reservation is approximately $1,000 USD. Please see the table below for the amount in your local currency. Note that the reservation payment is fully refundable if you cancel your reservation."
PS- That manufacturer is Tesla and the deposit if for a Model 3 that will be built in the FUTURE(not a deposit to hold an IN-STOCK Model 3).
https://www.tesla.com/support/model-...vation-deposit
Possibly the 2018 corvette will be the rarest c7 and be very valuable ....for those who keep cars a long time. I would not sweat the normal depreciation any car deals with as it ages...
With corvettes more than any other car ...for the most part it's performance and mileage...
Now those with 2018 s on order have an incentive to drive their car more often.
As Joec5 can attest to and has many times...driving his corvette is truly enjoyable (and it's a c6 too)
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Foosh (10-16-2017)
#112
Racer
I think I would be happy with a Z06 in the higher 50s!
#113
Team Owner
Actually Joe since I have a tesla model 3 reservation for $1000. Once I spec out the tesla with the options I want. I must give another $2500 dollars and both that amount and the $1000 becomes non refundable.
Possibly the 2018 corvette will be the rarest c7 and be very valuable ....for those who keep cars a long time. I would not sweat the normal depreciation any car deals with as it ages...
With corvettes more than any other car ...for the most part it's performance and mileage...
Now those with 2018 s on order have an incentive to drive their car more often.
As Joec5 can attest to and has many times...driving his corvette is truly enjoyable (and it's a c6 too)
Possibly the 2018 corvette will be the rarest c7 and be very valuable ....for those who keep cars a long time. I would not sweat the normal depreciation any car deals with as it ages...
With corvettes more than any other car ...for the most part it's performance and mileage...
Now those with 2018 s on order have an incentive to drive their car more often.
As Joec5 can attest to and has many times...driving his corvette is truly enjoyable (and it's a c6 too)
The link I provided is clear as to Tesla's reservation deposit refund policy. I'm not talking about a signed purchase contract where you are paying a down payment on the car.
Last edited by JoesC5; 10-16-2017 at 05:41 PM.
#114
"Possibly the 2018 corvette will be the rarest c7 and be very valuable ....for those who keep cars a long time. I would not sweat the normal depreciation any car deals with as it ages..."
That's what I'm hoping for, low production leads to desirable down the road!
That's what I'm hoping for, low production leads to desirable down the road!
#115
If the 2019 MY C7 represents almost zero changes - then the 2018 MY is going to be awful darned attractive over time - especially if the 2019 gets a bump Up in pricing.....
The joke may be on those (like me) that will only buy a built-to-order Corvette, and missed the opportunity to order a C7 2018 MY by it's deadline.
The joke may be on those (like me) that will only buy a built-to-order Corvette, and missed the opportunity to order a C7 2018 MY by it's deadline.
#116
Instructor
Future, proud, 2018 GS owner with a TPW of 1/8/18. I never thought of canceling, but I was pretty sure the 19’s weren’t going to ship with another 90HP.
#117
[QUOTE=FL_guy;1595755340]My 3LT/Z51 also has a TPW of 1-1-18. According to the owner of my Chevrolet Dealership, the early start for the 2019 model year, is because the ZR1 is supposed to be unveiled in Las Vegas, in April.
#118
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#119
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[QUOTE=Night Tripper;1595779768]Your dealership is correct about the early start reason, but is way off on the reveal. It will be much sooner than April...much sooner.
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Patman (10-17-2017)