Las Vegas Dealer's Conference: C8 Announcement, it is coming!
#381
Melting Slicks
#382
#384
#385
#386
Safety Car
Not concerned at all. In fact, excited by what the ME will look like.
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Larshelt (07-11-2018)
#387
Le Mans Master
Member Since: Sep 2012
Location: Hagerstown MD
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St. Jude Donor '15-'16,'18
I'm exited too, but also concerned. Will dealers be able to properly service and maintain another new model that is bought by very particular customers? The number of posts in this and other forums related to poor service of C7s make me worry about how well a mid-engine high performance car will be serviced at dealers who may or may not have qualified and trained technicians. I hope it all works at well for GM and its customers.
Last edited by rmorin1249; 06-29-2018 at 08:18 PM.
#388
Safety Car
Member Since: Aug 2004
Location: SouthEast PA
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Unmodified C8 of the Year 2021 Finalist
2018 C7 of Year Finalist
Originally Posted by oregonsharkman
“The "entry level" mid-engine may very well be half the cost of the ZR1. A ~$70k entry level price is placed just low enough that the "regular Corvette buyer" will still be able to afford one. The high performance, highly optioned version will surely surpass the $140k ZR1, but the base model will not.
The majority of Chevy's sales with the Corvette have always been the base or moderately options cars. If the mid-engine is released (and is the only Corvette option) and the entry to purchase is over $100k, then Chevy will lose the majority of it's Corvette buyers and the high volume sales that have always defined the Corvette.
Speaking for myself (C3 and previous C6 owner with a 2019 GS on the way), if the base mid-engine was six figures, I would be looking around at other options.”
Now, with the ME soon to be revealed the design will be all new and I suspect its performance enhanced too which would be a waste on my driving style. But if the possbly continued C7 is not a complete re-body design, headlights to taillights, and the ME starts with a base model no more than a $10k increase over a 2019/20 C7 Base 2LT, I’m in for the ME.!
BUT, a re-body of a C7 Base with moderate technical upgrades and keeping the price increase reasonable thus significantly priced <$10k then for a ME, I will go for the FE.
So what will I do? At this point it’s all speculation. And exciting!
#389
Drifting
Conversely, No matter how many times this has been pointed out, some folks don't want to hear that this new state of the art mid engined Super Car Corvette will most likely be out of their financial reach. That my friend is the real embarrassing truth about many on this forum. The fact that most Corvette owners will be out of that upper end market that the ME is moving into. Many here want to believe they can afford it but the sad truth will hit them when they find out the reality.
I've owned Vettes since my first new one in 1962. Now, at 76 and counting, I'm ready to write a check to own a C8 before I run out of road. My demographic supports Jay Leno's comment to the effect that new Corvettes are owned by old gray-haired guys. If we old guys have the means and first in line to buy C8s, low mileage and minty used examples will become available and more affordable through depreciation. That seems a win-win for all...
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tooold2race (07-11-2018)
#390
Advanced
If you look at the industry, every "supercar" is adding that next level of HP and instant torque through electric power. The reason for C8 going ME will be that there's now room under the hood for an electric addition on the front. You'll see AWD with both gas (ME) and electric (FE) in the next C8 ZR1, likely at or near 1,000 HP.
#392
To be clear, a hybrid system does NOT need to be AWD.
For example, the McLaren P1, the La Ferrari, current F1 cars are all RWD hybrids.
For example, the McLaren P1, the La Ferrari, current F1 cars are all RWD hybrids.
Last edited by sunsalem; 07-13-2018 at 02:20 AM.
#393
Instructor
If the ME is really going to be the C8
Great post Nate, thank you for providing such great info!
Now about the price of the Base C8 would be really nice if you could give us further information and settle this case once and for all...
I will not go into manufacturing nor infrastructure details, I will make it as cut and raw as possible, but what I got from all these posts...
Unless the ME is a different breed - Unique ZORA something to directly compete against a Lamborghini (and that's unlikely from what we've seen so far)
From what's known as facts we must consider:
- Which buyers Chevy wants to attain
New buyers: Surely younger crowd from what we've heard and read so many times this past year, also GM wants to keep who's already aboard (business fidelity).
Younger crowd >45yo will not purchase a Corvette nor any car that it's MSRP is around or above $100k (generally speaking). Almost sure GM is going to stick to the same price format they always have, because it's successful and proven. With that said, GM will not offer two C8 body styles one FE and the other ME to chose from (maybe the C7 will sell 'till 2021 but unlikely). Other European and Japanese top brands have always had better materials, tech, some more reliable (not talking inexpensive) and a proven known made brand name that buyers pursue. Also who can afford ME cars that are over $100k can and will afford a $200k or anything above since most of these expensive cars are investments, unlike a Chevrolet Corvette. People that spend this kind of money in a car are smart enough not to follow depreciation, most of these buyers even if their going through a middle crisis scenario have a status quo to follow and a Chevrolet Corvette it's not it, like it or not... Maybe with the next ME C8, lets hope so ...
What's been shown so far:
The mules and CAD files we've all seen and keep following don't have the class nor shown parts from cars that have a price tag over $100k
Note: I can't wait to see this car personally it's really growing on me and this post is only my point of view, all from personal research and logic, I may still lack of information, but at least it's not based on speculation and non sense...
Thank you all for the great forums!
Now about the price of the Base C8 would be really nice if you could give us further information and settle this case once and for all...
I will not go into manufacturing nor infrastructure details, I will make it as cut and raw as possible, but what I got from all these posts...
Unless the ME is a different breed - Unique ZORA something to directly compete against a Lamborghini (and that's unlikely from what we've seen so far)
From what's known as facts we must consider:
- Which buyers Chevy wants to attain
New buyers: Surely younger crowd from what we've heard and read so many times this past year, also GM wants to keep who's already aboard (business fidelity).
Younger crowd >45yo will not purchase a Corvette nor any car that it's MSRP is around or above $100k (generally speaking). Almost sure GM is going to stick to the same price format they always have, because it's successful and proven. With that said, GM will not offer two C8 body styles one FE and the other ME to chose from (maybe the C7 will sell 'till 2021 but unlikely). Other European and Japanese top brands have always had better materials, tech, some more reliable (not talking inexpensive) and a proven known made brand name that buyers pursue. Also who can afford ME cars that are over $100k can and will afford a $200k or anything above since most of these expensive cars are investments, unlike a Chevrolet Corvette. People that spend this kind of money in a car are smart enough not to follow depreciation, most of these buyers even if their going through a middle crisis scenario have a status quo to follow and a Chevrolet Corvette it's not it, like it or not... Maybe with the next ME C8, lets hope so ...
What's been shown so far:
The mules and CAD files we've all seen and keep following don't have the class nor shown parts from cars that have a price tag over $100k
Note: I can't wait to see this car personally it's really growing on me and this post is only my point of view, all from personal research and logic, I may still lack of information, but at least it's not based on speculation and non sense...
Thank you all for the great forums!
#397
Melting Slicks
. Also who can afford ME cars that are over $100k can and will afford a $200k or anything above since most of these expensive cars are investments, unlike a Chevrolet Corvette. People that spend this kind of money in a car are smart enough not to follow depreciation, most of these buyers even if their going through a middle crisis scenario have a status quo to follow and a Chevrolet Corvette it's not it, like it or not...
The only way a Corvette won't depreciate is if GM caps production at a fairly low number, like 500 per year.
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ArmchairArchitect (08-14-2018)
#398
Pro
Those two assertions are just wrong. The only high end cars that don't depreciate are the highly limited production models: Ferrari LaFerrari, Porsche 918, Ford GT, and that is because you can't just go down to a dealer, put your cash and the table and buy one. They are only sold to approved people with the right connections. A Porsche 911, Ferrari 488 or F12, Lamborghini, NSX all depreciate at about the same rate as a Corvette.
The only way a Corvette won't depreciate is if GM caps production at a fairly low number, like 500 per year.
The only way a Corvette won't depreciate is if GM caps production at a fairly low number, like 500 per year.
I agree! most of all your supercars do depreciate except maybe some that are million dollar cars. No guarantees! The car market is somewhat fickle.