2019 Corvette Production Why is GM Doing This?
10-15-2017, 06:27 PM
#21
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10-15-2017, 08:05 PM
#24
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I've been thinking about why GM is changing the MY earlier than they normally do and here is what I strongly believe...
If the ZR1 was initially set to be a 2018 Corvette, and if it was significantly delayed to the point that they decided to offer it as a 2019 Corvette, then the early start to the 2019 MY makes sense. Furthermore, if the order guide is going to be available on November 20, it is certainly feasible that we'll see the ZR1 reveal shortly before the order guide becomes available.
If the ZR1 was initially set to be a 2018 Corvette, and if it was significantly delayed to the point that they decided to offer it as a 2019 Corvette, then the early start to the 2019 MY makes sense. Furthermore, if the order guide is going to be available on November 20, it is certainly feasible that we'll see the ZR1 reveal shortly before the order guide becomes available.
10-15-2017, 08:07 PM
#25
Melting Slicks
Looks to me as if GM has done a great job of whittling down the supply that existed 4-5 months ago. The current supply is less than 1/3 year's production capacity or about a 4 month supply. Not very long ago, it was much bigger than that.
They overbuilt to plan for the lengthy plant shutdown, and now they're back to pretty normal in-stock numbers.
They overbuilt to plan for the lengthy plant shutdown, and now they're back to pretty normal in-stock numbers.
10-15-2017, 08:15 PM
#27
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As for me, I'll just drive my new '18 and wonder why. But, really, who cares? What difference does it make?
If I were looking for an investment it sure wouldn't be "new" Vettes of any ilk. The moment they move off the lot, not matter what model, they're just so many more used cars.
If I were looking for an investment it sure wouldn't be "new" Vettes of any ilk. The moment they move off the lot, not matter what model, they're just so many more used cars.
10-15-2017, 08:35 PM
#28
Some seem to feel that their C7's resale value is being diminished with the onslaught of scores of C7s yet to be built, and flooding the market. Your C7's resale value will automatically diminish with the introduction of the C8/ME anyway. Nothing to worry about. 
10-15-2017, 08:55 PM
#29
Instructor
30% may be reaching, but 25% is realistic. In April 2016, GM offered 15% on top of whatever deal you could find on any leftover 2015. 15% + 10% off (10% off from the dealer is pretty normal) = the 25% I got off of mine. They were disappearing off the lots as fast as I could call, but I got my new one for 25% off. I could see them doing that 15% off again. They did it a few months ago on new Silverado's, but that may have been because of the vibration issues those trucks have.
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10-15-2017, 10:05 PM
#31
10-15-2017, 10:30 PM
#32
Team Owner
I think it's funny that people are calling the ME Whatever, a C8 Corvette. GM announced that the FE Corvette will still be produced so do you think that they're going to the ME Whatever a "Corvette" as well? There's just as much chance as them calling it a Camaro.
Hey what kind of car did you buy?
A Corvette.
Ummmm, the front engine or mid engine?
Hey what kind of car did you buy?
A Corvette.
Ummmm, the front engine or mid engine?
Last edited by themonk; 10-15-2017 at 10:31 PM.
10-15-2017, 10:50 PM
#33
I believe the 2019 MY is the last of the FEs.
NOW is the time to pick up greatest FE Corvette ever made.
No bitching when they are all gone...ya all were warned.
NOW is the time to pick up greatest FE Corvette ever made.
No bitching when they are all gone...ya all were warned.
10-15-2017, 11:27 PM
#34
Le Mans Master
I've been thinking about why GM is changing the MY earlier than they normally do and here is what I strongly believe...
If the ZR1 was initially set to be a 2018 Corvette, and if it was significantly delayed to the point that they decided to offer it as a 2019 Corvette, then the early start to the 2019 MY makes sense. Furthermore, if the order guide is going to be available on November 20, it is certainly feasible that we'll see the ZR1 reveal shortly before the order guide becomes available.
If the ZR1 was initially set to be a 2018 Corvette, and if it was significantly delayed to the point that they decided to offer it as a 2019 Corvette, then the early start to the 2019 MY makes sense. Furthermore, if the order guide is going to be available on November 20, it is certainly feasible that we'll see the ZR1 reveal shortly before the order guide becomes available.
10-16-2017, 10:49 AM
#36
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What is GM thinking? I just did a search on cars.com to find how many new Corvettes are sitting unsold?
2016 295 Cars
2017 6,757 Cars
2018 2,779 Cars
GM is going to have to put some kind of big rebates to move these cars? I think it's going to take at least 20% or more off to move this inventory? If there isn't any big discounts why would anybody buy a 2016-2018 when you could just get a 2019 for very close to the same price?
The Top 10 Corvette dealers current new Corvette inventory
1. Kerbeck 179
2. McMulkin 206
3. Criswell 115
4. Les Sanford 166
5. Bomnin 82
6. Matick 90
7. Hendrick 105
8. Classic 74
9. Hendrick 62
10. Van 27
When these guys start turning down allocations then GM will have to do something to move cars sitting!!!
2016 295 Cars
2017 6,757 Cars
2018 2,779 Cars
GM is going to have to put some kind of big rebates to move these cars? I think it's going to take at least 20% or more off to move this inventory? If there isn't any big discounts why would anybody buy a 2016-2018 when you could just get a 2019 for very close to the same price?
The Top 10 Corvette dealers current new Corvette inventory
1. Kerbeck 179
2. McMulkin 206
3. Criswell 115
4. Les Sanford 166
5. Bomnin 82
6. Matick 90
7. Hendrick 105
8. Classic 74
9. Hendrick 62
10. Van 27
When these guys start turning down allocations then GM will have to do something to move cars sitting!!!
ZR1.
The ZR1 will more than likely go on sale in February (by April at the latest). The reason for moving all the cars to 2019, is that GM has decided to NOT release the ZR1 as a 2018 for a few months just to roll it to a 2019.
10-16-2017, 11:21 AM
#38
10-16-2017, 11:30 AM
#39
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I forgot who mentioned this, but someone said they could've just stopped 2017 production when the plant closed in June, reopen in November (or whenever), and started the 2018 line under a shortened season until June/July of 2018 as normal. Yet they didn't do this and will come out with a prolonged model year for 2019 (while completely eviscerating 2018).
Seems like they want to get all they can out of ZR1, and 18 months would pretty much fit the bill. Of course, that's all depending if everything goes according to plan. I'm suspecting that the ZR1 is not a one year only car, and 18-months gives them some wiggle room in case they want to expedite the next generation for 2019/2020MY or give it one more model year to ensure a quality product.
As far as the discounts, I'm like "whatever" on that. If they offer them, fine. If not, negotiations can be made...or you can take your business elsewhere. I just don't think dealerships will be handing out Clearance Clarence deals left and right like UNO Cards and expect as such when budgeting for same.
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