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Old Jan 28, 2018 | 03:42 PM
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Default 2016 New Leftovers

Who can tell me why there seems to be a supply of new, leftover 2016 Corvettes still out there and available for sale at Chevy dealers in the US?
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Jan 28, 2018, 03:46 PM
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Because they haven't sold?
Old Jan 28, 2018 | 03:46 PM
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Because they haven't sold?
Old Jan 28, 2018 | 03:48 PM
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Originally Posted by mschuyler
Because they haven't sold?
That about covers it

Last edited by 449er; Jan 28, 2018 at 03:49 PM.
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Old Jan 28, 2018 | 04:10 PM
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Originally Posted by mschuyler
Because they haven't sold?
But WHY haven't they sold? There doesn't seem to be many 2017 leftovers, but I found several good 2016 leftover options. Why do the dealers still have them? Wouldn't they have traded them to other dealers or wholesaled them by now?
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Old Jan 28, 2018 | 04:45 PM
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Originally Posted by treasurespast
But WHY haven't they sold? Why do the dealers still have them? Wouldn't they have traded them to other dealers or wholesaled them by now?
Simply asking too much and trying to take as small of a hit as possible. Most stores look for an impulse buyer that will overpay for a "new" two year old "used" car......

Last edited by jimmie jam; Jan 28, 2018 at 04:45 PM.
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Old Jan 28, 2018 | 04:54 PM
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Earlier this month I was looking and there is a 2016 at the dealership with 3-4 2017's as well, the pricing on the 2016 was not attractive enough compared to the 2017's.

Jack
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Old Jan 28, 2018 | 04:57 PM
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Originally Posted by treasurespast
But WHY haven't they sold? There doesn't seem to be many 2017 leftovers, but I found several good 2016 leftover options. Why do the dealers still have them? Wouldn't they have traded them to other dealers or wholesaled them by now?
It's not rocket science. Trading them or wholesaling them doesn't change anything. They'd still be for sale somewhere, right? The fact is there's little substantive difference between a 2016 and a 2019. They are effectively the same car. Dealers also typically buy 1LT cars with black interiors for their lots because they don't want to offend anyone and they are cheaper. But the converse of that is that they are boring compared to more tricked out models. So dealers are left with the dregs. Add to that the steep discounting we've seen on the newer models and dealers will need to sell them at a loss.
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Old Jan 28, 2018 | 05:34 PM
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Originally Posted by mschuyler
Because they haven't sold?
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Old Jan 28, 2018 | 05:49 PM
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If they want to sell them, they will eventually lower the prices. For some dealers, it's a long drawn out process trying to sell them at MSRP.

Last edited by proexpert; Jan 28, 2018 at 05:50 PM.
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Old Jan 28, 2018 | 06:06 PM
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Originally Posted by jimmie jam
Simply asking too much and trying to take as small of a hit as possible. Most stores look for an impulse buyer that will overpay for a "new" two year old "used" car......
Soon to be a "new" THREE year old "used" car.
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Old Jan 28, 2018 | 06:06 PM
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Price, price, price... pure & simple.

Had they been priced right along the way they'd have sold a long time ago. You don't see this someplace like Kerbeck's and similar, guess why.
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Old Jan 28, 2018 | 07:03 PM
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Yup, what he said^^^^
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Old Jan 28, 2018 | 07:09 PM
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I have a suggestion to the OP, if you don't believe the answers so far: call and ask a dealer that has one. It's really that simple. Trouble is, you'll get some excuse that doesn't match up with reality, or the truth. It, the 2016's that you see still sitting on a website or lot, don't sell because the dealer doesn't want to sell it---at a price a buyer is willing to pay.

Fer' real, that's the way commerce runs in a capitalist nation. You buy wholesale, you sell retail. If your retail selling price isn't what a willing buyer wants to pay, you adjust it, or you don't sell. Period. End of story.
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Old Jan 28, 2018 | 07:14 PM
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Forum dealers selling 2017’s for up to 25% off and 18’s for 16 % off. I imagine you could get a decent discount on an ordered 19 right now. And actually get it because they have allocation.

Compare that to our moronic local dealers that still price their 17’s at 8k over MSRP.

And there ya go.
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Old Jan 28, 2018 | 07:15 PM
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Originally Posted by AORoads
I have a suggestion to the OP, if you don't believe the answers so far: call and ask a dealer that has one. It's really that simple. Trouble is, you'll get some excuse that doesn't match up with reality, or the truth. It, the 2016's that you see still sitting on a website or lot, don't sell because the dealer doesn't want to sell it---at a price a buyer is willing to pay.

Fer' real, that's the way commerce runs in a capitalist nation. You buy wholesale, you sell retail. If your retail selling price isn't what a willing buyer wants to pay, you adjust it, or you don't sell. Period. End of story.
last week saw a new 2016 offered 5k less then sticker , still on the lot.
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Old Jan 28, 2018 | 07:25 PM
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Asking price too high.
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Old Jan 28, 2018 | 07:37 PM
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Originally Posted by dvilin
Asking price too high.
Yep. Do this. Use the dealers trade in estimate tool. Enter his car in to it and print it out. Basically it becomes a 2 to 3 year old used car the minute it leaves the lot and will be priced accordingly. Hand him his trade estimate on his car and tell him that sounds like a fair price.
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Old Jan 28, 2018 | 08:44 PM
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Originally Posted by jimmie jam
Simply asking too much and trying to take as small of a hit as possible. Most stores look for an impulse buyer that will overpay for a "new" two year old "used" car......
And after a certain amount of time, GM stops supporting an old model year [ie, no rebates etc] and the result is that you may get better factory incentives on the later model which makes it a more attractive purchase
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Old Jan 28, 2018 | 08:56 PM
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I can get a brand new 2018 gs that retails for 75,625 for 63,250 plus tax so a 2016 would have to be same as a 2016 used car
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Old Jan 28, 2018 | 08:59 PM
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I agree that dealers just want to much for them. I found a couple I would have bought however I felt I got a better deal on my 17.
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