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Old 04-03-2024, 01:27 AM
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Bondojohn
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Default Corvette E-Ray

Currently does anyone know what the wait would be for the E-Ray. I heard on the forum 10yrs. That sounds ridiculous.
Old 04-03-2024, 06:18 AM
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Originally Posted by Bondojohn
Currently does anyone know what the wait would be for the E-Ray. I heard on the forum 10yrs. That sounds ridiculous.
Agreed that it should be much less than 10 years, but nobody really knows how long, and many factors come into play.

They have yet to ramp up production significantly, so they're still only building about 5 ERays per day, on average. Getting on MacMulkin's ERay deposit list would be one great avenue to pursue, but their list is already quite long, and there's really no way to predict a timeframe at any dealership right now.

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Old 04-03-2024, 06:49 AM
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Originally Posted by Bondojohn
Currently does anyone know what the wait would be for the E-Ray. I heard on the forum 10yrs. That sounds ridiculous.
Because it is ridiculous, and just something someone without any knowledge of anything spouted out.

I also wouldn't waste your time getting on a list at MacMulkin, because then you will be waiting forever. People sat on their list for a Stingray for years and now they're selling them at a Discount while others are still waiting on other dealers' lists hoping for MSRP (which has increased $10k since the launch of the Stingray).

Do some work calling dealers to find one that has an allocation & will sell you the vehicle at a price thats agreeable to you. There are 3,000 Chevy dealers, no need to sit on a list at one for years while MSRP keeps increasing.
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Old 04-03-2024, 07:07 AM
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@JABCAT ^^^ If I were seriously shopping for an ERay now, I'd probably do BOTH. It doesn't hurt to have an ERay order guaranteed at MSRP in your back pocket, but some legwork could get someone an ERay sooner, especially if they're willing to pay more.

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Old 04-03-2024, 07:16 AM
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Agreed do both. Join C8 related Facebook groups as salesman post available inventory or allocations from time to time.

MM’s list is about 700 deep, if/when E-Ray ramps to Z06 level of production, you probably would see an E-Ray in 2026, maybe next year depending on deferrals.

But same time, ADM on E-Ray isn’t as high as it was on Z06. Heck I just saw $5K over on one. I think finding one either in stock or allocation for MSRP will occur sooner than later. There just isn’t the hype/demand for it. Some members here just calling dealers found an Z06 allocation for MSRP and just had the right timing.
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Old 04-03-2024, 07:42 AM
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Originally Posted by Bondojohn
Currently does anyone know what the wait would be for the E-Ray. I heard on the forum 10yrs. That sounds ridiculous.
I sent you a PM on a possible lead. It's worth a try.
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Old 04-03-2024, 08:01 AM
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Originally Posted by Bondojohn
Currently does anyone know what the wait would be for the E-Ray. I heard on the forum 10yrs. That sounds ridiculous.
I saw a post on the C8 MSRP Facebook group a dealer that had an ERay allocation available immediately for $10k over MSRP. If you do your own leg work and are willing to pay a little extra I'm sure you could probably have one this year.
Old 04-03-2024, 09:57 AM
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Originally Posted by /Bear/
@JABCAT ^^^ If I were seriously shopping for an ERay now, I'd probably do BOTH. It doesn't hurt to have an ERay order guaranteed at MSRP in your back pocket, but some legwork could get someone an ERay sooner, especially if they're willing to pay more.
The issues with the "guaranteed at MSRP" is the MSRP is guaranteed to increase substantially by time you get around to getting an allocation & they have your $ for 2, 3, 4 years that you could've pretty easily earned a return greater than the increase.

I've never paid ADM on any vehicle purchase, and haven't paid MSRP in at least over a decade. I never want a vehicle enough to pay more for it. I'll wait until I can order or pick one up on the lot at a discount. There's a lot of nice cars to drive in the interim.
Old 04-03-2024, 10:27 AM
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It's only slight hyperbole to say 10 years...

Based on current production rates, and the existing backlog of orders for most dealerships--yeah, if GM doesn't build more than 3-4 per day...it may be 10 years. Figure 261 production days per year. 2610 days at 3 produced per day = 7,830 cars.

Just saying.
Old 04-03-2024, 11:15 AM
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Originally Posted by 3LZR21U
It's only slight hyperbole to say 10 years...

Based on current production rates, and the existing backlog of orders for most dealerships--yeah, if GM doesn't build more than 3-4 per day...it may be 10 years. Figure 261 production days per year. 2610 days at 3 produced per day = 7,830 cars.

Just saying.
It’s crazy how slow the ramp up is going for the E-Ray. I thought the Z06 was slow, but by the second month of production those were at 300 cars per month. While about two months in the E-Ray is only at about 100 per month.

The lack of production will be the biggest issue in getting an E-Ray any time soon.
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Old 04-03-2024, 11:50 AM
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Originally Posted by Bondojohn
Currently does anyone know what the wait would be for the E-Ray. I heard on the forum 10yrs. That sounds ridiculous.
The pattern here is always the same. First year, limited supply, lots of demand. People who were on the list a long time in advance with reputable dealers are getting cars. People paying way over MSRP are getting cars.

Two years later, here will come availability, MSRP and discount sales.
Old 04-03-2024, 12:05 PM
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Originally Posted by Bondojohn
Currently does anyone know what the wait would be for the E-Ray. I heard on the forum 10yrs. That sounds ridiculous.
IMO, find a smaller dealer that's doing 10-20 corvettes per year, and see if they have a list for the eray. My local dealer got an allocation in Feb, and they are a smaller dealer...

Probably quicker to find a smaller dealer where people haven't heard of or seen an Eray and land at spot #1 or #2 on their list than wait at spot 250 at the highest volume dealers...
Old 04-03-2024, 02:05 PM
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Originally Posted by MebeMebe
The pattern here is always the same. First year, limited supply, lots of demand. People who were on the list a long time in advance with reputable dealers are getting cars. People paying way over MSRP are getting cars.

Two years later, here will come availability, MSRP and discount sales.
I think it will be much quicker for the ERay. The more models there are, and the more Stingrays there are at discounts, the less demand for the higher-priced variants. Z06s can already be had at MSRP for those who look, and it's been just over a year since they rolled off the line. Others are still sitting 1,000-deep on a list somewhere.

The ZR1 will be introduced for 2025, so Z06 owners will be flipping increasing the used market. ERays will be available soon, I'd imagine.
Old 04-03-2024, 07:44 PM
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Originally Posted by JABCAT
I think it will be much quicker for the ERay. The more models there are, and the more Stingrays there are at discounts, the less demand for the higher-priced variants. Z06s can already be had at MSRP for those who look, and it's been just over a year since they rolled off the line. Others are still sitting 1,000-deep on a list somewhere.

The ZR1 will be introduced for 2025, so Z06 owners will be flipping increasing the used market. ERays will be available soon, I'd imagine.
This always happens. There's an initial rash of wait-list buyers with more cash than anything, and have nothing better to do than buy whatever the latest & greatest corvette is. These buyers will move on to the ZR1 shortly. Unfortunately for those of us die-hard ER buyers, we still get to wait until they get bored of their new toy and move on to the next new toy.
Old 04-03-2024, 10:19 PM
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Until they ramp up production is probably gonna be quite a while before they start selling them in quantity
Old 04-05-2024, 07:58 PM
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Call around. Demand seems to have cooled throughout the entire automotive industry.

six months and dealers will be happily selling at msrp. Just a guess but z06s seem to be in dealershows for msrp with the dealer asking for more but now settling for msrp when push comes to shove.

call around as production of erays expands and I think you’ll find one.

decide what your top three colors are inside and out.
decide which interior packages you want or don’t want and call around..

id think by the end of the year at the latest. My buddy decided feb 18 th he wanted a z06. By march 20th one was in his driveway at msrp.

he called one of the local dealers and first they wanted 10 over. He said nope msrp. Texted him the next day or so 7 grand over msrp and he said nope. Msrp

next day they texted 5 over..he said no msrp.

dealer went on and on how many were waiting in line for the car with a price over msrp. He said so sell it to them.

next day they texted him at msrp and he went over and bought the car.

do the same with the Eray. If you are really in a rush five over is no big deal but that’s your choice.

good luck
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Old 04-05-2024, 08:08 PM
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You are high. There is no way in holy hell that dealers will be selling ER off lot at MSRP in 6 months. The backlog alone is at least 12 to place orders. The few that end up on lots will all have stupid markups.

Your buddy's Z06 experience from Feb of 2024 about a car that started as a 2023 MY--does not hold bearing on a 2024 MY car that literally did not make it into consumer hands before March 2024.

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Old 04-05-2024, 10:18 PM
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Originally Posted by 3LZR21U
You are high. There is no way in holy hell that dealers will be selling ER off lot at MSRP in 6 months. The backlog alone is at least 12 to place orders. The few that end up on lots will all have stupid markups.

Your buddy's Z06 experience from Feb of 2024 about a car that started as a 2023 MY--does not hold bearing on a 2024 MY car that literally did not make it into consumer hands before March 2024.
I live in Chicago area. My local dealer just got in a Z06. He’s asking 50k over MSRP.
Old 04-08-2024, 01:44 PM
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Originally Posted by Bondojohn
I live in Chicago area. My local dealer just got in a Z06. He’s asking 50k over MSRP.
I had the opportunity to buy an ERay HTC, 2LZ right off the truck two weeks ago. The dealer wanted $50K over MSRP. That put the price at $178,870. The dealer offered $67,500 for my C8 HTC on trade. That left me owing $121K after title and taxes. Of course, I walked away. I was willing to go 10K over MSRP just because the car is so rare right now but that was my limit. The dealer ended up selling the ERay to a performance shop in Pennsylvania for $25K over sticker.
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Old 04-14-2024, 02:36 PM
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Originally Posted by dw886
IMO, find a smaller dealer that's doing 10-20 corvettes per year, and see if they have a list for the eray. My local dealer got an allocation in Feb, and they are a smaller dealer...

Probably quicker to find a smaller dealer where people haven't heard of or seen an Eray and land at spot #1 or #2 on their list than wait at spot 250 at the highest volume dealers...
FWIW, the ~100 of us who were on QC Hold had a day where over 50 had their Window Stickers made available. The bulk were small dealers spread all over. Found that interesting.


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