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C8 and the future of the Corvette

Old 03-31-2018, 03:00 PM
  #241  
theplatinumog
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Originally Posted by JoesC5
"The median age of a Corvette owner has risen from 54 to 61 during the past 10 years, according to research firm Strategic Vision."

2003 to 2013.

https://finance.yahoo.com/blogs/the-...173431426.html

I read that it has gone up from 61 to 63 from 2013 to 2017, but I don't remember where I read that number.

To get the average up from 54 to 61 means that one hell of a lot of those owners are well above 61 to get the average up from 54.

Either way, lets compare that number(61 years old for the Corvette in 2013) to another study done in 2014.

Mercedes------------54.6 years old average
Chrysler-------------54.7 years old average
Smart---------------55.3 years old average
Bently---------------56.2 years old average
Jaguar---------------56.6 years old average
Lexus----------------56.9 years old average
Cadillac--------------59.5 years old average
Bugatti--------------59.5 years old average
Buick----------------60.3 years old average
Lincoln--------------61.0 years old average

The Corvette is not listed in the top above top ten BRANDS for average age, as the Corvette is a model and not a brand. They were only looking at brands.

PS-my last new Corvette purchase was a 2009 Z06 when I was 65. I'm now 75 so if I were to buy a new C7 today. I would shift the average even higher. Of the dozen or so friends that have C7's all but four are over 65 and the two youngest(husband and wife that each have a C7 Z06) are in their 50's, very close to 60. 90%+ of my friends with Corvettes(80+ Corvettes) are over 65(and none are younger than 50) and most of them drive C5's and C6's.

I did meet a young man(in his 40's) at a car show(his 20134 C7 was parked nest to my 1964 Corvette) last Fall, but he bought it used, not new.

I've never even seen a 20's something in a new C7. Most that I happen to see on the road are in their 50's and 60's and above.

Is it any wonder why when you see a dozen Corvettes caravanning on a road trip to visit our National Parks, etc, that they want a large cargo area, to hold their walkers, in addition to their luggage.
Very interesting. But that was up until 2013, before the c7 existed.

Even if it did go from 61 to 63 2014-2018 (I very much doubt it) Wouldn't that mean the c7 has slowed down the trend upward?

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Old 03-31-2018, 03:05 PM
  #242  
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Originally Posted by theplatinumog
Is this true? What about in the last 4 years, while the c7 has been out?

Count me as one of those 20 somethings that bought a c7 for his first corvette
I live in the bay area of California. So maybe I am one of those stereotypes too lol
Old 04-02-2018, 01:26 PM
  #243  
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Originally Posted by JustinStrife
I do not understand why people here who claim they love Corvette, want it fundamentally changed.
Huh?
I love my wife, but if she could be made to look like Scarlett Johansson...
Old 04-03-2018, 01:47 PM
  #244  
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36 here... 5 Corvettes, never bought one new.

21 - 2001 Z06 bought in 2003
27 - 1998 Coupe trackday car
28 - 2003 Vert cruiser
29 - 2001 Z06 built into a full W2W racecar
36 - 2014 C7 Z51 bought 11/2007

Old 04-03-2018, 03:10 PM
  #245  
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Originally Posted by AORoads
Could you verify, or justify that number, 33K as total capacity? Somehow, I doubt that number is true capacity esp. if you add in two, full shifts.
Sorry AORoads, that I missed your earlier question. 33K annually is the true annual apacity of BGA as follows — and all the following comes from Kai Spande and Tadge.

1). GM will not again go to two shifts at BG (exception of the paint shop noted below*). Source = Tadge. Why? Because they tried that in the C6 era and GM got its butt kicked. The training cost were humongous, and given that after the first few years of a new gen that there is significant demand drop off, and finally add in that with existing employee contracts, there are either transfer costs back to other GM facilities,lay-off costs, etc., going to a second shift at BGA is, for a Corvette, a financial disaster.

2) Instead as Kai said on August 29th last year, still on a video available on YouTube, considering the total market for sports cars “we have made adjustments to total Plant capacity and have now right sized the Plant for an entire generation.”

GM has finally learned a lesson (another one of Mary Barra’s leadership changes), that you don’t money grub the first year or two of a new model, but plan down the road and rightsize capacity accordingly. Look at the financial incentives (profit diminishing $1 for $1) that GM now is having to juice current sales due to the oversupply of C7’s. In fact just today, new Corvette sales incentives were announced — again directly going against GM’s bottom line.

*Exception to “no two shifts” has been and will be the paint shop. This is necessary to keep the rest of the line going.

3) The current Plant capacity, as a result of last fall’s changes, has changed production capacity from 17.2 units/hour (U/H) to now 11.6 U/H. If one does the math, the basic Plant annual capacity is around 24K/year. As Kai noted, even at “firewall conditions,” the Plant, governed by the Paint shop’s limiting capabilities, is only 14.0 U/H, or roughly 33K/year.

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Old 04-03-2018, 03:27 PM
  #246  
NY09C6
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Originally Posted by theplatinumog
Very interesting. But that was up until 2013, before the c7 existed.

Even if it did go from 61 to 63 2014-2018 (I very much doubt it) Wouldn't that mean the c7 has slowed down the trend upward?
You need to take the overall economy into the picture as well. Only doing booming years are younger people able to afford these cars. Older people who have paid off their mortgages are are living debt free have an easier time doing so. They likely only pay half for insurance as well compared to what a 20 something might pay. The economy stated to stabilize and even improve slightly when the c7 came out. It has gotten better towards the end of the c7 run.

It hard to say how much is the economy vs the design appealing to a different group.
Old 04-03-2018, 03:49 PM
  #247  
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Originally Posted by theplatinumog
Very interesting. But that was up until 2013, before the c7 existed.

Even if it did go from 61 to 63 2014-2018 (I very much doubt it) Wouldn't that mean the c7 has slowed down the trend upward?
2004 to 2013 is ten years and the age went up by 8 years(54 to 61) or 1.25 years of age for each year of the calendar.

2014 to 2017(which is the years I said) is four years and the age went up by 2 years(61 to 63) or 3.0 years of age for each year of the calendar.

By my math, the average age increase each year went from 1.25 years during the C6, to 1.33 years during the C7 so that would mean even more old farts vs youngsters are buying C7's each year, then during C6's rein.

.
Old 04-03-2018, 04:05 PM
  #248  
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Originally Posted by JoesC5
2004 to 2013 is ten years and the age went up by 8 years(54 to 61) or 1.25 years of age for each year of the calendar.

2014 to 2017(which is the years I said) is four years and the age went up by 2 years(61 to 63) or 3.0 years of age for each year of the calendar.

By my math, the average age increase each year went from 1.25 years during the C6, to 1.33 years during the C7 so that would mean even more old farts vs youngsters are buying C7's each year, then during C6's rein.

.
4 years of calendar and 2 years of age difference is .5 age difference per year? Am I missing something? ...
Old 04-03-2018, 04:22 PM
  #249  
theplatinumog
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Originally Posted by JoesC5

2014 to 2017(which is the years I said) is four years and the age went up by 2 years(61 to 63)
.
Thank you very much for citing the c6 years. Did you happen to find where you read that the average age went from 61 to 63 during the c7 reign?
Old 04-03-2018, 04:41 PM
  #250  
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Originally Posted by theplatinumog
Thank you very much for citing the c6 years. Did you happen to find where you read that the average age went from 61 to 63 during the c7 reign?
Nope. I have not been able to find it.
Old 04-03-2018, 04:46 PM
  #251  
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Originally Posted by theplatinumog
4 years of calendar and 2 years of age difference is .5 age difference per year? Am I missing something? ...
Nope. You are correct and so was my math wrong on the C6's . It should have been .7 age difference per year.
Old 04-03-2018, 04:49 PM
  #252  
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And .5 is slower than .7, right? I am not trying to be a smart ***, genuinely asking if we are on the same page.
Old 04-10-2018, 12:07 AM
  #253  
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I think it's quite arguable that once it becomes evident and demonstrable with mountains of historical data how much safer autonomous cars are than vehicles piloted by humans that another debate will emerge: Should human drivers be banned all together because they present a clear hazard to general safety.

Count on it. I'm 60, I'm glad I probably won't live to see that sad day. Actually, sometimes I fear that I might.
Old 04-11-2018, 01:22 AM
  #254  
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Originally Posted by patentcad
I think it's quite arguable that once it becomes evident and demonstrable with mountains of historical data how much safer autonomous cars are than vehicles piloted by humans that another debate will emerge: Should human drivers be banned all together because they present a clear hazard to general safety.

Count on it. I'm 60, I'm glad I probably won't live to see that sad day. Actually, sometimes I fear that I might.
Not going to happen. It may very well be true that autonomous cars will eventually be much safer than human drivers (quite likely actually), but that will only be true when compared to the current un-augmented human drivers. Once autonomous safety features and crash avoidance gets more advanced an becomes standard on every vehicle, the gap between human drivers and self driving gets much smaller and makes the argument to completely ban humans driving very weak and it's not going to happen.

There was a study done that concluded that if every car on the road had level 2 autonomous tech (auto braking, lane keep, etc...), fatal crashed would decrease by 80%. That alone is closing the gap tremendously and that's not even considering the much better systems we will have in the future.

Banning old cars that don't have autonomous safety features built in or up fitted with them? Sure maybe. Banning all humans driving all together? Not happening.
Old 04-16-2018, 12:54 PM
  #255  
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Originally Posted by theboom
Not going to happen. It may very well be true that autonomous cars will eventually be much safer than human drivers (quite likely actually), but that will only be true when compared to the current un-augmented human drivers. Once autonomous safety features and crash avoidance gets more advanced an becomes standard on every vehicle, the gap between human drivers and self driving gets much smaller and makes the argument to completely ban humans driving very weak and it's not going to happen.

There was a study done that concluded that if every car on the road had level 2 autonomous tech (auto braking, lane keep, etc...), fatal crashed would decrease by 80%. That alone is closing the gap tremendously and that's not even considering the much better systems we will have in the future.

Banning old cars that don't have autonomous safety features built in or up fitted with them? Sure maybe. Banning all humans driving all together? Not happening.
:agree: I think TheBoom is spot on. The big factor that the "futurists" neglect is market acceptance, particularly in countries with a well-established "auto culture". See this bar chart that Statista just posted....more people in the UK, US and GDR say they will NEVER use a self-driving car than those who want one. In addition, every time a Tesla or other autonomous vehicle has an accident, the NEVER column GROWS. It may happen in India, but not in the US in any reader of this Forum's lifetime.


Old 04-16-2018, 12:57 PM
  #256  
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Ok, let's try this again !

Old 04-17-2018, 03:28 PM
  #257  
sunsalem
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It would be nice to have optional self-driving cars.
Sadly, the tech isn't there yet.

It's almost impossible to program for the endless possibilities in a car driving environment.
Unlimited realities can't be shoehorned into a line of code.

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Old 05-14-2019, 12:22 PM
  #258  
therealmz
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Originally Posted by Z06NJ
But nobody is talking about what happens to all the batteries (Hybrids, etc.) when they go bad and need to be replaced. Where are they being buried or trashed, and is THAT good for the soil/environment?!
Who cares!! Let go watch Game of Thrones and pump our $3.55 a gallon Gasoline!!!!!!!!!!!!!!

Yes its $3.55 a gallon here in Vegas to fill up my Z06.

Last edited by therealmz; 05-14-2019 at 12:22 PM.
Old 05-14-2019, 03:15 PM
  #259  
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Originally Posted by dcbingaman
Ok, let's try this again !

Who do you think are better drivers, Germans or Indians/Chinese?
If I wanted to be driven by someone or something else I would take the bus.
Old 05-14-2019, 04:15 PM
  #260  
Sin City
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Why not self drive cars? I don't see the problem. Look at the millions stuck in traffic everyday. You think that's fun?

"Oh man! I'm so happy to be here stuck in traffic knowing there's no button in my car that can drive it for me! How terrible would that be!"

Last edited by Sin City; 05-14-2019 at 04:16 PM.

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