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What would an average MSRP of $85K+ do to Corvette sales numbers?

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What would an average MSRP of $85K+ do to Corvette sales numbers?

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Old 03-12-2018, 01:03 PM
  #101  
Dyver
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I understand Itomn but you forget we are talking about GM. They still make stupid decisions to this day. They will continue to do so.
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Old 03-13-2018, 03:37 PM
  #102  
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Originally Posted by Mrc100 View Post
Its a difficult to comment on an average cost because of all the trim levels and potential models. The current C7 might be close to $85k average? However, he also stated; So I read somewhere that the C8 may well be a mid-engine Corvette (the Zora may wind up being the C8 according to this speculation) and that the base price would ramp from the current $56K to $80K+. So base price of $80k. That will be a corvette killer. IMO.
Even GM can't be that stupid. One can only hope. They have been doing mostly smart things with the Corvette line for 60+ years, let's hope they continue to do so.
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Old 03-13-2018, 05:10 PM
  #103  
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GM is not so stupid considering they have I believe the highest volume 2 seat sports car in the market for many years. It's a halo vehicle for the entire corporation especially chevrolet which is a value offering throughout its lineup.

I don't believe we are looking at a much higher average price per model in the corvette lineup for the c8.

Sure it makes wonderful discussion in the forums yet the reality exists that the corvette is a marketing and sales success for sixty five years.

I don't expect the value proposition to shift more than a few points

Much as every other new generation over the corvette lifetime,
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Old 03-13-2018, 07:38 PM
  #104  
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Originally Posted by JerriVette View Post
GM is not so stupid considering they have I believe the highest volume 2 seat sports car in the market for many years. It's a halo vehicle for the entire corporation especially chevrolet which is a value offering throughout its lineup.

I don't believe we are looking at a much higher average price per model in the corvette lineup for the c8.

Sure it makes wonderful discussion in the forums yet the reality exists that the corvette is a marketing and sales success for sixty five years.

I don't expect the value proposition to shift more than a few points

Much as every other new generation over the corvette lifetime,
I really hope you are right.
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Old 03-13-2018, 08:47 PM
  #105  
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Too bad we still do not know what is the average MSRP on the C7’s built the last two years, for maybe that answer is over already $85,000+. And if so, and as the C7 will be continuing, maybe the answer to the OP’s question is, nothing.
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Old 03-14-2018, 12:03 AM
  #106  
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Originally Posted by elegant View Post
Too bad we still do not know what is the average MSRP on the C7’s built the last two years, for maybe that answer is over already $85,000+. And if so, and as the C7 will be continuing, maybe the answer to the OP’s question is, nothing.
Good point ...non existent of us know what the average msrp or average actual transaction price is for last year or any year of corvettes as of yet...

An easy way to get a round figure would be to calculate the unit volume of standard stingrays, z51 s, grand sports and then z06 s.

I'd imagine if we looked at percentage of major options could then be used to possibly estimate average msrp added to each corvette for 2017 model year..

GM could of course tell us this answer in a minute..

So for all those who are connected this might be a good question to ask a GM representative ..

If you want..just take the basic premise of standard , z51, grand sport and z06 and just average what options you think are most popular...could give you an approximate indication..

http://www.corvetteblogger.com/2017/...te-model-year/

Last edited by JerriVette; 03-14-2018 at 12:10 AM.
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Old 03-14-2018, 12:36 AM
  #107  
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When I meet up with Harlan at next month’s NCM Bash, I will ask him that question (and since it is not related to “potential future product,” he might answer it).

Last edited by elegant; 03-14-2018 at 12:37 AM.
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Old 03-17-2018, 12:35 PM
  #108  
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I've seen a lot of people go car broke spending big money on a vehicle that will depreciate about $1-1.5k a month and then complain they can't pay their medical bills or something. I'm not paying for high depreciation any more.

I still don't see the ME design being a Corvette. Probably will be built along the Corvette in the same factory, with a high starting price and even higher when optioned. Probably be under the Cadillac line to keep "value" in Chevrolet. With pricing for a Corvette starting at $90k or so that will leave a real big gap between it and the Camaro. A lot of people that would buy a $50k car won't or can't buy a $100k. Otherwise the Viper would probably still have been around today.
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Old 03-17-2018, 03:00 PM
  #109  
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Originally Posted by JerriVette View Post
I don't believe we are looking at a much higher average price per model in the corvette lineup for the c8.
The average MSRP price for a 2017 C7 (last we have full breakdown figures for) including the price of all models (Base, Z51, GS & Z06), trims (1LT/LZ, 2LT/LZ & 3LT/LZ) Coupe & Convertible, manual & automatic and then adding in 5% for "other options" is going to be about the same price as a current GS Coupe 3LT with A8, black wheels, pdr and heritage package - that car is $80,650 (obviously with current discounts it sell for about $71k), so bumping the average MSRP to $85k, will do little to reduce Corvette sales.
I think the two big things we will see, are a bigger bump in price that just $3-4k, and much lower factory support which allows for the 11-16% discounts we see on new cars - it will be more like the Camaro's 4-5%.
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Old 03-18-2018, 03:05 PM
  #110  
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I don't see a five grand jump a big deal at all.

I never load up any of my vehicles. I tend to lean towards actual performance options and call it a day so if today's vehicles are averaging 80 grand as you mentioned for the c7....

Then 85 grand will most likely be the average transaction of the c8...

That would be awesome.
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Old 03-19-2018, 10:12 AM
  #111  
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Originally Posted by JerriVette View Post
1996 c4 msrp $37,225
1997 c5 msrp $37,495

2004 c5 msrp $43,835
2005 c6 msrp $43,710

2013 c6 msrp $49,600
2014 c7 msrp $51,995
2019 c7 msrp $56,590
Anyone going to adjust for inflation over the same periods?

I'd also like to see the above comparison as "Vette price compared to average car price" as I'm betting the Vette has maintained its roughly 2x-3x higher price than an average car throughout its life.
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