befree2spin

Saw a nice 2016 C7 in Orange that I really like. Seems strange that there would be a new 16 available. Price is in the 54k range.
Do you think there are issues with this car? I has less than 50 miles on it.

Kevin A Jones

In 2016, that would be Daytona Sunrise Orange which is beautiful IMO, and a fairly popular color while it was offered.
Seems strange it's never sold, perhaps priced too high, however hard to tell much with what little info you've provided.
What model it is (base Stingray, Z51,)? What's MSRP?
In trying to justify why it hasn't sold in several years, probably M7 manual trans and non-NPP, possibly 3LT?

befree2spin

It is listed as having auto 8 speed, performance data recorder and exhaust. It is a 2LT (non Z51) and listed as 0 miles, although I assume is has a few. With the 2019s out, I just can't imagine why this car would be available? Price is 54k, I will look into the MSRP, not sure about that.

I would love any input anyone could offer. .

It is listed as having an MRSP of 70k. My concern is not really price but it's why this car is still on the lot? Also, any mechanical
concerns about a car sitting on a lot 3 years?

Null Pointer

Find out if it has an in service date. If the dealer put it in service back in 2015 or 2016 when they got, then the B2B warranty would be nearing its end. If they say it doesn't have an in service date yet, then it will come with all GM warranties starting the day it is driven off the lot. Given that, if it's configured right for you, it could be a nice way to pick up a brand new car. Tires might be 4 or 5 years old and will need replacement soon despite low mileage and wear. Battery might also be getting near end of life. Ask for more discounts based on those two factors. You might want to look carefully at the body and interior, stuff happens sometimes when a car sits on a lot so long. Otherwise, it might be a great car for you. Good luck with your search.

Kevin A Jones

Sounds like a nicely equipped C7 with a hefty MSRP ($70k) for a base Stingray. Most likely has black or Kalahari interior. Seems odd that such a desirable C7 would remain on a dealer lot for over 3 years.
If considering purchase, I would check the Carfax and all GM data closely to insure there's been no shenanigans associated with the car. Sold/returned for some reason, for example.
I wouldn't be too concerned over it setting on dealer's lot for 3 years as long as paint doesn't have acid rain spots etc and interior is ok. Mechanically it should be find as I'm sure dealer has moved it around the lot
from time to time.
I purchased a new 1982 Delorean from a dealer once after Delorean Motor Co was shut down that had been setting on a lot for over 5 years and never had any issues with it.

You can probably do much better the $54,000 (about 22% off MSRP). If you really like the C7, I would shoot for as far south of $50,000 as you can get. Keep in mind, you can get a new 2019 Stingray, though not equipped as nicely as yours,
for around $50K from forum sponsor dealers.
Good luck.

JALLEN4

You cannot possibly come out ahead buying this car unless it is at least ten thousand cheaper than asking. Buy it today, drive it 5,000 miles by next spring, and you will be lucky if it is worth $40,000. Most likely less. This will soon be a five year old car. You would be far ahead buying a base 2019 or a heavily discounted 2018 with the equipment you want.

nytrorcr

The DSOM is a beautiful color.

befree2spin

I think you make a great point. Didn't even consider resale and I do think that's something I care about. I'm gonna move on anyway as I just called the dealer and they say the price is firm. The salesperson was not very helpful - said it was there for a few years because it didn't sell. Duh! He had no more to say than that. Also, the price is actually 2,500 more due to a dealer fee and some discounts that I would not quality for. Thanks for your input, it is very helpful.

That is a beautiful car!

Kevin A Jones

It's not always about the price as you can come out ahead by buying the car you want.
^DSOM over Kalahari is a tough combo to beat.

Kevin A Jones

Sounds like the dealer doesn't want to sell it.

Skid Row Joe

This. ^^^^^

HorsePower Junkie

Yes, I would have concerns...

Big concern is that the tires are likely flat spotted from sitting so long and will never feel right no matter how many time they get re-balanced.

Another is the battery. Typical life of factory crappy AC Delco batteries are not that great in the first place, much less having to hassle with it now.

And also no oil chances for several years, when the factory requires a minimum of once a year to keep your warranty valid, which is certainly for good reason.

There is 3 years of depreciation already built in the minute you buy it.

It would need to be a ton of money off compared to the amount of money you can get off a new 2019, which is 3 years newer.

At $54k from $70 I would pass big time.


.

Skid Row Joe

I think you're wrong about the oil. My car is 2 years old from new, and has never had it's oil changed. Warranties don't void on oil with little or no miles on it. Lol!

The battery is covered 3yr/36K from the time it sells.

Radials do not get flat spots from setting - even if it did just sit in one place. So, you're wrong about that too.

I think a lot of people are making assumptions that aren't true about oil, tires, etc. My warranty is not void, any more than this 2016 up for sale new. #LOL!

You missed the part where they're charging another $2,500.00 or so on top of the firm price too. So you got that wrong too. 😛

SilverGhost

There are 36 "new", 2016, C7 Corvettes listed on Autotrader.com. Jim Browne has 4 of them. There is probably nothing wrong with any of them. In fact it is a blessing to a savvy buyer because it simply doesn't get any easier than this to identify a dealer to avoid wasting your time with. Dealers who hold multi several years-old inventory are not in the business of selling Corvettes at competitive prices.

ImpliedConsent

Someone did research. Nice job. I'd go for it, but I'd negotiate towards $50k. You can use the same verbiage as critics above to negotiate. Your B2B warranty will start the day you drive it off the lot, so your not losing anything.

rmorin1249

NADA clean trade in value for a 2016 C7 2LT with NAV is around $46K. Retail is around $50K. As long as the warranty is intact and you like the car, $50K seems like a fair price.

Null Pointer

I checked KBB, used 2016 2LT A8 orange, PDR(Nav), 1 mile, excellent condition since it is brand new. They came up with $44,000.00. Now factor in that you get all the factory warranties starting the day you buy it, that's probably worth another 2 grand. So the price seems kind of high at $54K, although there is that old wives tale about it being worth $10K less the minute you drive a new car off the lot and the dealer is not going to take the depreciation hit for you.

befree2spin

They actually want 54k plus another 2.5k in fees (programs that almost no one qualifies for) so 56,500! Also, they did not come across as very customer service oriented. I'm going to keep looking, but thanks for your assistance! I'm on Orlando, where is Bryceville?

ImpliedConsent

No way. Let them keep it on the lot then. There are some pretty decent vendors here that sell 'Vettes at decent prices. Then again, there's C7 Corvettes for Sale forum that has good deals. GL.

Mayor111

Skid - where do you get your information from? When you post stuff, it just comes from so far left field cause none of the above is true AT ALL...

1) Tires DO get flat when sitting in one place - the fact that this car has sat for 2 years, to me these tires are shot. My C5 got minor flat spots after storing it for 5 months.
2) You haven't changed your oil in 2 years and you think that's OK? I dont care if you have 1500 miles, you should have done the 500 mile break in change, and then at LEAST done one more - oil starts to break down after a year
3) If god-forbid your engine blew or had a major failure, you honestly think GM would say - "hmmm, its been two years since you changed your oil on a Vette with a supercharged engine? Yeah, we'll pay for everything cause it has low miles..." You're in a dream world...your warranty would be good for nothing based on your lack of maintenance...

I have to be honest, and Im not trying to be mean, but your Vette seems neglected - you might want to start to rethink your idea of "required maintenance". You stated the other day, that your clutch fluid was super low, now you dont change your oil for two years...what else have you neglected to check or maintain. With all your so called "money" you claim to have - seems to be your being a real cheap-a$$ in terms of maintenance. Not something Id expect from the self-proclaimed "BIG LEAGUES"...