Corvette Academy: 2024 E-Ray
#21
E-Ray, 3LZ, ZER, LIFT
Member Since: Sep 2007
Location: NE South Carolina
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Gm takes so long to build these vettes... by the time they have them in the masses they are advertising for the next big thing... build the freaking cars then worry about the rest.
I cant buy a Z06 , will never see the ERay..
Imagine if GM actually built them like they used to and kept the price at MSRP how many they would sell!!!
I cant buy a Z06 , will never see the ERay..
Imagine if GM actually built them like they used to and kept the price at MSRP how many they would sell!!!
Pricing: I bought an early C7 soon after the reveal at the Detroit Auto Show in January 2019. When I picked mine up in September 2020 the sales manager was upset they could not get a car for their showroom as GM was ONLY filling end customer sold cars. That only lasted a few months. BG was able to build all that were being ordered by dealers.
There was much lower inflation during the C7 build time than currently. The price for an early base 2014 C7 was $51,000. The base A8 2019 C7 was $58,995 (a 16% increase from 2014.) Demand was under ability for BG to supply most of the C7 sales years. Cars were discounted by dealers soon after 1st available.
C7 Demand:
2014 = 34,839
2015 = 33,329
2016 = 29,995
2017 = 25,079
2018 = 18,789
2019 = 9,731
Can discount the last year as anticipation of the ME C8 BUT the decline to 25,000 in 2017 reflects real demand.
Bottom Line: Considering the pandemic is still creating vendor supply issues and inflation creating big cost increases GM is doing about all they can to meet demand.
SIDEBAR
Inflation: Heck for my part time internet business our "all US sourced raw materials" have increased >50%. When fabricating purchasing folks call to order more of our patented product, only available directly from us, never get a question about our increased prices. They want to know about availability!
Corvette Demand: Recall Tadge saying when the C7 was announced he "hoped sales would increase" from the C6 levels or THERE WOULD BE NO MORE CORVETTE!
2013 C6 = 17,291
2012 C6 = 15,059
2011 C6 = 13,164
2010 C6 = 12,624
2009 C6 = 13,934
2008 C6 = 26,971
Last edited by JerryU; 04-14-2023 at 08:41 AM.
#22
Le Mans Master
Member Since: Sep 2000
Location: Clouds Over California
Posts: 6,885
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In 2004, GM announced that for 2005, Torch Red would be going away in favor of a less orange, slightly darker red to be named Victory Red. I had a 2005 C6 in Victory Red. I remember it being brand new, side-by-side at the dealership next to my Torch Red C5 when I was trading it for the Victory Red C6. I was kind of disappointed with the Victory Red on the C6 seeing it parked next to my Torch Red C5. I kept that Victory Red C6 until 2010 when it was announced Torch Red was coming back. Ordered a 2010 Torch Red C6 from MacMulkin, and I was happy again.
Red and White never grow old. I see the post above that says, "all Corvettes are Red and that anything else is a mistake" and that is kind of funny given that the first Corvette was white, and yes I have seen the book "All Corvettes are Red".
Last edited by Shinobi'sZ; 04-14-2023 at 10:57 AM.
#23
E-Ray, 3LZ, ZER, LIFT
Member Since: Sep 2007
Location: NE South Carolina
Posts: 29,856
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^^^
My 1st Vette was a 1988 and 2nd a '93 both Red! Daughters were out of college, so Vettes were my DD. Bought a Yellow C6.
I recall that Tadge's statement clearly about his hope the C7 sales were higher OR THERE WOULD BE NO MORE CORVETTE!
2013 C6 = 17,291
2012 C6 = 15,059
2011 C6 = 13,164
2010 C6 = 12,624
2009 C6 = 13,934
2008 C6 = 26,971
Hard to make a positive bottom line using half the plant capacity!
Doubt the high-performance variants were the main reason for the volume reduction. My C6 Z51 was fine. The base and Z51 were the majority sellers.
My 1st Vette was a 1988 and 2nd a '93 both Red! Daughters were out of college, so Vettes were my DD. Bought a Yellow C6.
I recall that Tadge's statement clearly about his hope the C7 sales were higher OR THERE WOULD BE NO MORE CORVETTE!
2013 C6 = 17,291
2012 C6 = 15,059
2011 C6 = 13,164
2010 C6 = 12,624
2009 C6 = 13,934
2008 C6 = 26,971
Hard to make a positive bottom line using half the plant capacity!
Doubt the high-performance variants were the main reason for the volume reduction. My C6 Z51 was fine. The base and Z51 were the majority sellers.
Last edited by JerryU; 04-14-2023 at 11:30 AM.