C7 ZR1 Limited Production Hype and BS.....RANT.
01-13-2018, 11:54 AM
#1
Melting Slicks
Thread Starter
C7 ZR1 Limited Production Hype and BS.....RANT.
Here’s my rant for the day.
Why is there an erroneous perception that the C7 ZR1 is “limited production”? Dealers charging over sticker? Forum Members getting themselves worked into a frenzy; both believing, and then parroting this regularly on posts as if they’re made of Unobtanium? Like many other CF members, I’ve seen it and been thru this with the C4 ZR-1, C5 Z06, C6 ZR1 and now. While “initial allocation” will certainly limited, it has been stated that GM plans to sell and can build up to 3,000 per year. That is BY FAR more per year than any other ZR1(ZR-1) production year, sans 1990, the first year of the C4 ZR-1 production. And DOUBLE the production of even the most in a year for the C6 ZR1. The first “gotta have it’s” will pay more, whether that’s over, or even “AT” MSRP. Once that initial hype/demand has been met, deals will be made and had, just like on the aforementioned predecessors.(I’m speaking from experience)
Moral of the story is...
I have included production numbers below for reference.
C4 ZR-1
1990 3049
1991 2044
1992 502
1993 448
1994 448
1995 448
Total 6939
C6 ZR1
2009 1415
2010 1577
2011 806
2012 402
2013 482
Total 4684
Feel free to debate, rebutt or comment.
Why is there an erroneous perception that the C7 ZR1 is “limited production”? Dealers charging over sticker? Forum Members getting themselves worked into a frenzy; both believing, and then parroting this regularly on posts as if they’re made of Unobtanium? Like many other CF members, I’ve seen it and been thru this with the C4 ZR-1, C5 Z06, C6 ZR1 and now. While “initial allocation” will certainly limited, it has been stated that GM plans to sell and can build up to 3,000 per year. That is BY FAR more per year than any other ZR1(ZR-1) production year, sans 1990, the first year of the C4 ZR-1 production. And DOUBLE the production of even the most in a year for the C6 ZR1. The first “gotta have it’s” will pay more, whether that’s over, or even “AT” MSRP. Once that initial hype/demand has been met, deals will be made and had, just like on the aforementioned predecessors.(I’m speaking from experience)
Moral of the story is...
I have included production numbers below for reference.
C4 ZR-1
1990 3049
1991 2044
1992 502
1993 448
1994 448
1995 448
Total 6939
C6 ZR1
2009 1415
2010 1577
2011 806
2012 402
2013 482
Total 4684
Feel free to debate, rebutt or comment.
Last edited by DARTH VETTER; 01-13-2018 at 09:42 PM.
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Popular Reply
01-15-2018, 11:03 AM
GM will build as many as they can sell...period.
01-13-2018, 12:18 PM
#2
Safety Car
Comparing the good economy we have now with the Great Recession when the C6 Z06 came out, is not a reasonable comparison.
There will be slightly less than 200/month ZR1’s produced for 13 months during the 2019 model year (Source=GM). And with some of those going offshore, to Canada and Mexico, we are already seeing members who can not get a real allocation at list.
And with production being supplier parts limited (visible carbon fiber), we will see the constraints for those parts just as we did for option CFV the first year of the C7 Z06, e.g., many who even have a real allocation are going to be frustrated that getting their order to status 2000 (GM really accepted) will not happen for some for months and months. As one example, my local dealer who is getting just one 2019 ZR1 allocation (and sold it within minutes to their best Corvette customer) has already told that customer, to “expect your allocation to be picked up in the fall, ‘if then.’”
On the positive side, this Wednesday those who have a top dealership priority allocation at bigger dealer which gets the great news, will hear that their dealer needs to finalize their order right now (if not done yet) — so it can officially go in and be accepted at the January 25th DOSP consensus, i.e., we are going to be seeing super-excited hollering soon by at least some.
There will be slightly less than 200/month ZR1’s produced for 13 months during the 2019 model year (Source=GM). And with some of those going offshore, to Canada and Mexico, we are already seeing members who can not get a real allocation at list.
And with production being supplier parts limited (visible carbon fiber), we will see the constraints for those parts just as we did for option CFV the first year of the C7 Z06, e.g., many who even have a real allocation are going to be frustrated that getting their order to status 2000 (GM really accepted) will not happen for some for months and months. As one example, my local dealer who is getting just one 2019 ZR1 allocation (and sold it within minutes to their best Corvette customer) has already told that customer, to “expect your allocation to be picked up in the fall, ‘if then.’”
On the positive side, this Wednesday those who have a top dealership priority allocation at bigger dealer which gets the great news, will hear that their dealer needs to finalize their order right now (if not done yet) — so it can officially go in and be accepted at the January 25th DOSP consensus, i.e., we are going to be seeing super-excited hollering soon by at least some.
Last edited by elegant; 01-13-2018 at 12:28 PM.
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01-13-2018, 02:10 PM
#3
Melting Slicks
Thread Starter
Be patient my young Padawan.
The same hype/initial demand/rumors/anxiety/“limitations”/hysteria accompanied all the aforementioned Z cars prior to their arrival. I currently own, or have owned all them and bought ALL of the them below MSRP(or even GMS pricing) including several museum deliveries.
I’ll wait......
The same hype/initial demand/rumors/anxiety/“limitations”/hysteria accompanied all the aforementioned Z cars prior to their arrival. I currently own, or have owned all them and bought ALL of the them below MSRP(or even GMS pricing) including several museum deliveries.
I’ll wait......
Last edited by DARTH VETTER; 01-13-2018 at 02:14 PM.
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01-13-2018, 02:57 PM
#5
Melting Slicks
Thread Starter
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mikelj (02-10-2018)
01-13-2018, 04:12 PM
#6
It's the same during the first year of anything dramatically new enough.
Dealers were selling 2014 stingrays above msrp, well above in many cases, in Canada at least.
my dealer sold it to me for msrp then when it was a 3-4 months used he offered to buy it back for over msrp
Dealers were selling 2014 stingrays above msrp, well above in many cases, in Canada at least.
my dealer sold it to me for msrp then when it was a 3-4 months used he offered to buy it back for over msrp
01-13-2018, 04:18 PM
#7
Le Mans Master
Okay my buddy paid 50,000 over in 2009 for ZR1 I tried to tell him no. My dealer and sales person I've know since 1989 ZR1 era. They are number 19 in corvette sales they have 6 for the year, I think it's for first part of year not whole year. Allocation based on number Z06's sold.
So there maybe a constraint, and as with any first year model well we know about that.
z51vett
Doug
So there maybe a constraint, and as with any first year model well we know about that.
z51vett
Doug
01-13-2018, 04:57 PM
#8
Team Owner
When the C5 came out in 1997, many dealers were marking them up $5,000 to $10,000. While they could be found, MSRP was hard to find. Of course the 1997 was a short run of just under 10,000 cars(~5 months of production) the remaining seven years of the C5 averaged around 35,000 annually.
GM is building what they figure they can sell. There are no components that are in short supply. If GM believed they could sell 10,000 ZR1's annually, they would have their suppliers tool up for that amount
As for the C6 ZR1, GM said they were going to build 2,000 annually for 3 years. That was the amount they believed there was a market for. The bad economy killed the C6 ZR1 demand, not a shortage of components from GM's suppliers.
Same for the C6 Z06. GM said they were going to build 7,000 annually and that's what they tooled up to build and their suppliers to tool up for. Again, the bad economy killed the Z06's demand, not a shortage of parts.
GM is building what they figure they can sell. There are no components that are in short supply. If GM believed they could sell 10,000 ZR1's annually, they would have their suppliers tool up for that amount
As for the C6 ZR1, GM said they were going to build 2,000 annually for 3 years. That was the amount they believed there was a market for. The bad economy killed the C6 ZR1 demand, not a shortage of components from GM's suppliers.
Same for the C6 Z06. GM said they were going to build 7,000 annually and that's what they tooled up to build and their suppliers to tool up for. Again, the bad economy killed the Z06's demand, not a shortage of parts.
01-14-2018, 11:22 PM
#9
Melting Slicks
Thread Starter
When the C5 came out in 1997, many dealers were marking them up $5,000 to $10,000. While they could be found, MSRP was hard to find. Of course the 1997 was a short run of just under 10,000 cars(~5 months of production) the remaining seven years of the C5 averaged around 35,000 annually.
GM is building what they figure they can sell. There are no components that are in short supply. If GM believed they could sell 10,000 ZR1's annually, they would have their suppliers tool up for that amount
As for the C6 ZR1, GM said they were going to build 2,000 annually for 3 years. That was the amount they believed there was a market for. The bad economy killed the C6 ZR1 demand, not a shortage of components from GM's suppliers.
Same for the C6 Z06. GM said they were going to build 7,000 annually and that's what they tooled up to build and their suppliers to tool up for. Again, the bad economy killed the Z06's demand, not a shortage of parts.
GM is building what they figure they can sell. There are no components that are in short supply. If GM believed they could sell 10,000 ZR1's annually, they would have their suppliers tool up for that amount
As for the C6 ZR1, GM said they were going to build 2,000 annually for 3 years. That was the amount they believed there was a market for. The bad economy killed the C6 ZR1 demand, not a shortage of components from GM's suppliers.
Same for the C6 Z06. GM said they were going to build 7,000 annually and that's what they tooled up to build and their suppliers to tool up for. Again, the bad economy killed the Z06's demand, not a shortage of parts.
01-15-2018, 09:22 AM
#10
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Okay my buddy paid 50,000 over in 2009 for ZR1 I tried to tell him no. My dealer and sales person I've know since 1989 ZR1 era. They are number 19 in corvette sales they have 6 for the year, I think it's for first part of year not whole year. Allocation based on number Z06's sold.
So there maybe a constraint, and as with any first year model well we know about that.
z51vett
Doug
So there maybe a constraint, and as with any first year model well we know about that.
z51vett
Doug
Last edited by DebRedZR1; 01-15-2018 at 09:24 AM.
01-15-2018, 10:27 AM
#11
Banned Scam/Spammer
"Limited Production", indeed. Only in the mind of a sucker. This type of lying on the part of the retailer is yet another reason why most consumers despise car salesman and car dealer experience. These grease ***** are too stupid to realize that they are cutting their own throats by creating a high level of animosity with these unethical tactics.
01-15-2018, 11:03 AM
#12
GM will build as many as they can sell...period.
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01-15-2018, 11:06 AM
#13
Comparing the good economy we have now with the Great Recession when the C6 Z06 came out, is not a reasonable comparison.
There will be slightly less than 200/month ZR1’s produced for 13 months during the 2019 model year (Source=GM). And with some of those going offshore, to Canada and Mexico, we are already seeing members who can not get a real allocation at list.
And with production being supplier parts limited (visible carbon fiber), we will see the constraints for those parts just as we did for option CFV the first year of the C7 Z06, e.g., many who even have a real allocation are going to be frustrated that getting their order to status 2000 (GM really accepted) will not happen for some for months and months. As one example, my local dealer who is getting just one 2019 ZR1 allocation (and sold it within minutes to their best Corvette customer) has already told that customer, to “expect your allocation to be picked up in the fall, ‘if then.’”
On the positive side, this Wednesday those who have a top dealership priority allocation at bigger dealer which gets the great news, will hear that their dealer needs to finalize their order right now (if not done yet) — so it can officially go in and be accepted at the January 25th DOSP consensus, i.e., we are going to be seeing super-excited hollering soon by at least some.
There will be slightly less than 200/month ZR1’s produced for 13 months during the 2019 model year (Source=GM). And with some of those going offshore, to Canada and Mexico, we are already seeing members who can not get a real allocation at list.
And with production being supplier parts limited (visible carbon fiber), we will see the constraints for those parts just as we did for option CFV the first year of the C7 Z06, e.g., many who even have a real allocation are going to be frustrated that getting their order to status 2000 (GM really accepted) will not happen for some for months and months. As one example, my local dealer who is getting just one 2019 ZR1 allocation (and sold it within minutes to their best Corvette customer) has already told that customer, to “expect your allocation to be picked up in the fall, ‘if then.’”
On the positive side, this Wednesday those who have a top dealership priority allocation at bigger dealer which gets the great news, will hear that their dealer needs to finalize their order right now (if not done yet) — so it can officially go in and be accepted at the January 25th DOSP consensus, i.e., we are going to be seeing super-excited hollering soon by at least some.
01-15-2018, 11:52 AM
#14
Corvette fan
After being a first adopter with C7 Stingray and Z06, I am content to wait. Especially after I bought my 2013 ZR1 at half sticker price with 2400 miles on it.
This Z may have some value as being the last rear wheel super vette, but they also said my ZR1 was valuable because it was the last C6, but that didn't hold true.
I am pretty sure I will end up with a mid engine C8 after I see the evolution of those models.
This Z may have some value as being the last rear wheel super vette, but they also said my ZR1 was valuable because it was the last C6, but that didn't hold true.
I am pretty sure I will end up with a mid engine C8 after I see the evolution of those models.
01-15-2018, 03:22 PM
#15
Le Mans Master
Meh. Anyone who buys any new Corvette for "limited production" status deserves what they get. I couldn't care less if those type of people are disappointed.
"Fools and their money" blah blah blah...
"Fools and their money" blah blah blah...
01-15-2018, 06:06 PM
#16
Scraping the splitter.
Yep. And not only that, there will be discounts for those people who are buying later (for whatever reason).
For those that are buying now and maybe paying full price for the privilege of enjoying their ZR1 for all of those extra months...congrats! Enjoy them!
S.
For those that are buying now and maybe paying full price for the privilege of enjoying their ZR1 for all of those extra months...congrats! Enjoy them!
S.
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jimmyb (02-11-2018)
01-15-2018, 06:10 PM
#17
Le Mans Master
Be patient my young Padawan.
The same hype/initial demand/rumors/anxiety/“limitations”/hysteria accompanied all the aforementioned Z cars prior to their arrival. I currently own, or have owned all them and bought ALL of the them below MSRP(or even GMS pricing) including several museum deliveries.
I’ll wait......
The same hype/initial demand/rumors/anxiety/“limitations”/hysteria accompanied all the aforementioned Z cars prior to their arrival. I currently own, or have owned all them and bought ALL of the them below MSRP(or even GMS pricing) including several museum deliveries.
I’ll wait......
Good strategy and let the 1st yr kinks get worked out.
Last edited by Mr. Gizmo; 01-15-2018 at 06:12 PM.
01-15-2018, 09:53 PM
#19
Melting Slicks
Thread Starter
01-15-2018, 10:41 PM
#20
