Notices
C7 Z06 Discussion General Z06 Corvette Discussion, LT4 Corvette Technical Info, Performance Upgrades, Suspension Setup for Street or Track
Sponsored by:
Sponsored by:

Price check

 
Old 03-13-2019, 10:48 PM
  #21  
Cmud
Junior Member
Thread Starter
 
Member Since: Sep 2016
Posts: 40
Thanks: 0
Thanked 2 Times in 2 Posts
Default

Originally Posted by cvp33 View Post
Just paid $79K for a 2019 Sebring Orange 2LZ, M7, with black calipers, dual roof and competition seats. Lots of new inventory, so 20% OFF is coming. $62K or walk.
They refuse to move on the price, so I walked. I would like to go new but it's not in the budget.
Cmud is offline  
Old 03-13-2019, 10:50 PM
  #22  
Cmud
Junior Member
Thread Starter
 
Member Since: Sep 2016
Posts: 40
Thanks: 0
Thanked 2 Times in 2 Posts
Default

Originally Posted by dekaliber View Post
I was in the market recently and that seems high to me. It depends on the options and how long it's been sitting in their lot but I think you should be able to do low 60s for that car. Weirdly enough used car pricing hasn't really moved that much despite weak demand for new Z06s, so if it's a Carmax or some other no-haggle operation they're probably pricing it relative to other list prices and not necessarily pricing it at the point where it would actually be a good deal.

Three data points:

1) Local dealer had a CPO 2016 3LZ listed at $67K, I test drove the car, told them I wasn't ready to make a decision, but they still tried to offer me $57K to take the car that day. No a firm commitment of course and they could have tried to milk my trade in to make that price work, but suggested pretty weak demand in my area which tends to have inflated pricing relative to the rest of the country (SoCal). It was a 2-owner car with higher mileage so not really directly comparable to yours, but still an idea of the discrepancy between list and potential sell prices.

2) Another local dealer had a new 2019 3LZ with an MSRP of almost $96K listed for $11K under that. Didn't really get into negotiations but based on the numbers the sales manager was throwing out I'm pretty confident I could have gotten them to do $80K.

3) I ultimately bought a new 2018 2LZ listed at $87K for a bit under $70K. My original budget was for $60K for a used 2016-2017 Z06 with under 10K miles, so it was a no brainer to pay <$10K more for a brand new car.
Thanks for the info. They wouldnt move so I walked. Plus I felt like they were shafting me on my trade in.
Cmud is offline  
Old 03-13-2019, 10:55 PM
  #23  
Mr. Gizmo
CF Senior Member
 
Mr. Gizmo's Avatar
 
Member Since: Mar 2010
Location: St. Louis
Posts: 4,851
Thanked 296 Times in 238 Posts
Default

Originally Posted by tertiumquid View Post
You act like it. It's full of people who think they're masters of witty comments and clever satire and idiotic name-calling. Others just like being the dog-in-the-manger type. Most forum commenters seem to think you're a damned fool. What do you get out of the constant grumbling in the bulk of your posts? Just curious.
just a fool here amongst other fools that think these cars are the catís meow.

You have plenty to complain and grumble about about with your engine rattle, transmission shudder , hard downshifts , vibration problems. and cracking wheels concerns looking for forged wheel . alternatives. Why donít you sell this car you have so many problems with? Just curious why you hang on to a car with so many problems.

Last edited by Mr. Gizmo; 03-13-2019 at 11:06 PM.
Mr. Gizmo is offline  
Old 03-13-2019, 11:35 PM
  #24  
Elk
CF Senior Member
 
Member Since: Dec 2000
Location: Afton, Minnesota
Posts: 759
Thanked 51 Times in 43 Posts
Default

Originally Posted by Cmud View Post
They wouldnt move so I walked. Plus I felt like they were shafting me on my trade in.
Often a immediate decision like this is correct. Keep looking, you will find a car that work for you.
Elk is offline  
Old 03-14-2019, 08:23 AM
  #25  
tertiumquid
CF Senior Member
 
tertiumquid's Avatar
 
Member Since: Jun 2015
Location: Cumming, GA
Posts: 331
Thanked 132 Times in 83 Posts
Default

Originally Posted by Mr. Gizmo View Post
just a fool here amongst other fools that think these cars are the catís meow.

You have plenty to complain and grumble about about with your engine rattle, transmission shudder , hard downshifts , vibration problems. and cracking wheels concerns looking for forged wheel . alternatives. Why donít you sell this car you have so many problems with? Just curious why you hang on to a car with so many problems.
I have some problems with the car it's true. However, you don't see any bashing about them in general from me
Those are genuine problems that a lot of us have in common. Your constant reference to the c7 as a pig or a lousy handling car or slow is just plain silly
Bottom line is that the c7 is the best vette to date and I've owned a bunch of previous generations so I'm not new at this game
tertiumquid is offline  
Old 03-14-2019, 02:31 PM
  #26  
Mr. Gizmo
CF Senior Member
 
Mr. Gizmo's Avatar
 
Member Since: Mar 2010
Location: St. Louis
Posts: 4,851
Thanked 296 Times in 238 Posts
Default

Originally Posted by tertiumquid View Post
I have some problems with the car it's true. However, you don't see any bashing about them in general from me
Those are genuine problems that a lot of us have in common. Your constant reference to the c7 as a pig or a lousy handling car or slow is just plain silly
Bottom line is that the c7 is the best vette to date and I've owned a bunch of previous generations so I'm not new at this game
yup, agreed. I embellish and complain. The car I have has been mechanically sound. It just wonít be there at the top of the list of favorites.
Mr. Gizmo is offline  
Old 03-14-2019, 05:59 PM
  #27  
tertiumquid
CF Senior Member
 
tertiumquid's Avatar
 
Member Since: Jun 2015
Location: Cumming, GA
Posts: 331
Thanked 132 Times in 83 Posts
Default

Originally Posted by Mr. Gizmo View Post
yup, agreed. I embellish and complain. The car I have has been mechanically sound. It just wonít be there at the top of the list of favorites.
Fair enough.
tertiumquid is offline  
Old 03-14-2019, 06:37 PM
  #28  
Mikec7z
CF Senior Member
 
Mikec7z's Avatar
 
Member Since: Mar 2018
Posts: 2,288
Thanked 386 Times in 309 Posts
Default

if you dont need the car right this second, i would wait. As soon as the c8 is revealed, prices will drop 6 grand overnight... and even prior to that, there will be deals on new ones.

I feel like you could find a 3lz with a 96 sticker for 76 from a dealer in the next couple months. A 2lz, i feel you could get for less obviously.

Keep in mind, your interest rates are higher on a used car than a new one.

so while the figures I quoted may be almost 10 grand higher, you will have a lower rate, so your payment will end up being very similar between the 2 cars, new vs used, but now you have a full term warranty and can get whatever new car out that there you want.

Also, i would get in tight with someone at a chevy store so they can inform you when the "last month of incentive" is on the 2018 new cars. Chevy tells the dealers during that month, that the next month, it is lights out and no more rebates.

This is what I did to find the deal on mine. I copied this text over from the other thread i posted on a bit ago...

"i would start calling dealers and seeing if they have 18's and still have GM incentives. If they do, i would be inclined to hold out a couple months and keep checking in on the 18's until the dealers say that the 18's are about to lose incentives that month.

Once the dealer KNOWS they lose all incentives NEXT month, you can get them to take a bath on the car THIS month while there are still incentives.

Reason being, if they are giving you a 10 grand off deal this month on 18's, and 8 grand of that is incentive rebate money from GM, next month, the same deal, they themselves instead of discounting 2 grand at the dealer level, would have to discount 8 grand more to 10 grand.

So you simply point out to them, next month, they will have to lose 8 grand to sell the car IF anyone wants it vs a 19.

So how about they lose an extra 7 grand this month, on top of the 10 grand discount.

Those were easily doable numbers. I got a dealer to take over 20 grand off total, with this strategy."

Last edited by Mikec7z; 03-14-2019 at 06:42 PM.
Mikec7z is offline  
The Following User Says Thank You to Mikec7z For This Useful Post:
cvp33 (03-14-2019)
Old 03-14-2019, 06:53 PM
  #29  
cvp33
CF Senior Member
 
cvp33's Avatar
 
Member Since: Sep 2005
Location: RACE TRACK USA
Posts: 2,139
Thanked 636 Times in 449 Posts
Default

Two choices really:

1) Wait for 20-25% off as this will put new ones well within reach and put pressure on the used market
2) If you're chasing a payment threshold - Buy new and go 72 months. My credit union is offering 1.99% for 72 months with a 75% LTV number. You can get 15% off MSRP and fund the remaining 10% yourself. Actually makes the payment lower for a $79K car, then a used $65K car financed for 60 months at 5.99%.
cvp33 is offline  
The Following User Says Thank You to cvp33 For This Useful Post:
Mikec7z (03-14-2019)
Old 03-14-2019, 06:56 PM
  #30  
Mikec7z
CF Senior Member
 
Mikec7z's Avatar
 
Member Since: Mar 2018
Posts: 2,288
Thanked 386 Times in 309 Posts
Default

exactly. When i bought my new one, i couldnt find a used one for a lower Out-The-Door payment. The new one genuinely costs me less than a used one would have.

Last edited by Mikec7z; 03-16-2019 at 04:34 PM.
Mikec7z is offline  
The Following User Says Thank You to Mikec7z For This Useful Post:
cvp33 (03-14-2019)
Old 03-16-2019, 04:21 PM
  #31  
Cmud
Junior Member
Thread Starter
 
Member Since: Sep 2016
Posts: 40
Thanks: 0
Thanked 2 Times in 2 Posts
Default

Thanks for the information. Havent really thought about going new but it makes sense. Seems like a good idea to wait until the C8 hits. But if it's really a $60k car, big if there, I may want one of those instead. LOL

Cmud
Cmud is offline  
Old 03-16-2019, 06:39 PM
  #32  
Mr. Gizmo
CF Senior Member
 
Mr. Gizmo's Avatar
 
Member Since: Mar 2010
Location: St. Louis
Posts: 4,851
Thanked 296 Times in 238 Posts
Default

Originally Posted by Cmud View Post
Thanks for the information. Havent really thought about going new but it makes sense. Seems like a good idea to wait until the C8 hits. But if it's really a $60k car, big if there, I may want one of those instead. LOL

Cmud
it will be a preference of front engine rear driver versus mid-engine rear drive . The new c8 design looks cab forward. Like the Acura nsx. Light weight 3000 lbs and high revving NA motor in the 550 to 600 hp range will pick my interest. And hopefully the designers dumb down the Mickey Mouse dash board
Mr. Gizmo is offline  
Old 03-16-2019, 07:32 PM
  #33  
Mikec7z
CF Senior Member
 
Mikec7z's Avatar
 
Member Since: Mar 2018
Posts: 2,288
Thanked 386 Times in 309 Posts
Default

this is not the last month of incentive on the 18's yet this month, but they do have zero percent financing right now fyi. Next month will be great too im sure.
Mikec7z is offline  
Old 03-17-2019, 08:44 AM
  #34  
CalculatingInfinity
Junior Member
 
Member Since: Jul 2018
Posts: 42
Thanked 6 Times in 5 Posts
Default

Originally Posted by Mr. Gizmo View Post
Light weight 3000 lbs and high revving NA motor in the 550 to 600 hp range will pick my interest.
Surely you jest.
CalculatingInfinity is offline  
Old 03-17-2019, 12:58 PM
  #35  
Mr. Gizmo
CF Senior Member
 
Mr. Gizmo's Avatar
 
Member Since: Mar 2010
Location: St. Louis
Posts: 4,851
Thanked 296 Times in 238 Posts
Default

Originally Posted by CalculatingInfinity View Post
Surely you jest.
Ok. 3180 lbs and 550 hp NA is a reasonable expectation.
Mr. Gizmo is offline  
 


Thread Tools
Search this Thread
Sponsored Ads
Vendor Directory

Contact Us - About Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

© 2019 MH Sub I, LLC dba Internet Brands

We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.
 
  • Ask a Question
    Get answers from community experts
Question Title:
Description:
Your question will be posted in: