C8 price will be around $100,000
06-17-2018, 07:34 PM
#21
Maybe
NuBee here, first post. Been following this forum for awhile and hopefully will be a owner in a year.
The base camaro ZL1 MSRP is 68k already so maybe a base C8 is 10k above that at 78,999. With 10k dealer markup and tax, 100k OTD is a possibility. With options, maybe another 5-10k. Also the base 911 is 90k, so a Corvette ME base 80k is reasonable especially if they have a similar eye candy impact like the NSX and Audi R8 when they were introduced.
The base camaro ZL1 MSRP is 68k already so maybe a base C8 is 10k above that at 78,999. With 10k dealer markup and tax, 100k OTD is a possibility. With options, maybe another 5-10k. Also the base 911 is 90k, so a Corvette ME base 80k is reasonable especially if they have a similar eye candy impact like the NSX and Audi R8 when they were introduced.
06-17-2018, 07:35 PM
#22
Pro
What is a 575LT? I don't believe you have your model #'s correct. They have a 570, 650 and a 675LT but not a 575!
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Z51VetteFan (06-17-2018)
06-17-2018, 07:37 PM
#23
Pro
i was replying on another forum, at the same time. As soon as I saw what I posted, I edited it. 570S. I was thinking 570GT or 570S. I was thinking 675LT at the same time.
Last edited by Z51VetteFan; 06-17-2018 at 07:38 PM.
06-17-2018, 07:42 PM
#24
Le Mans Master
Over 100k and I would buy a GT3. I am not a Porsche fan, dislike the band actually. But I know I would enjoy the car, have a manual as an option and resell would dominate. GM simply cannot price this car anywhere near 100k.
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Suns_PSD (06-19-2018)
06-17-2018, 07:43 PM
#25
Melting Slicks
The C6 generation MSRP ranged from approximately 52K to 120K. The C7 generation MSRP ranged from approximately 57K to 150K. I'm projecting the C8 generation MSRP with both FE and ME models to range from 65K to 180K with the ME Zora at the upper end of the price range.
Last edited by skank; 06-17-2018 at 09:05 PM.
06-17-2018, 07:50 PM
#27
Pro
Understood, however, when an ME Corvette hits the showrooms it will certainly be "state of the art" technology and execution. When one is a Corvette fan, to buy anything else would be second best. Especially a one or two year old exotic or something similar. Nice cars in anyone's view - no argument there but I'm interested in the ME and it's subsequent delivery of value for what one gets. Value, in this instance, is a lot of things, but it's not less then $100k.
06-17-2018, 07:53 PM
#28
Pro
I agree to a certain extent, however, retail value wise, its still a GM. Lamborghini, and Ferrari, etc, dont sell rental cars to fleet. The 2009 ZR1 can be had, now, for sub $60K. The 2004 Gallardos, are still over $70K. Porsche is seeing a huge uptick in value, in their cars. If I have a chance to get something that may go up in value, Ill be giving that an equal eye.
06-17-2018, 07:55 PM
#29
Le Mans Master
Originally Posted by ltomn
Understood, however, when an ME Corvette hits the showrooms it will certainly be "state of the art" technology and execution. When one is a Corvette fan, to buy anything else would be second best. Especially a one or two year old exotic or something similar. Nice cars in anyone's view - no argument there but I'm interested in the ME and it's subsequent delivery of value for what one gets. Value, in this instance, is a lot of things, but it's not less then $100k.
Last edited by NY09C6; 06-17-2018 at 07:56 PM.
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JerriVette (06-18-2018)
06-17-2018, 07:56 PM
#30
The cost of a base C8 Zora will be around 100k.
dont expect to buy a mid engine Corvette for any less. All the dreamers of buying one for 65k or so need to stick with a C7.
Im not buying one but i get the giggles when i read all of the posts thinking this is going to be a C7 ish priced car.
These folks are the ones that need it to be priced that low as they cant afford a 100k car.
I guess what im saying is get over it.
dont expect to buy a mid engine Corvette for any less. All the dreamers of buying one for 65k or so need to stick with a C7.
Im not buying one but i get the giggles when i read all of the posts thinking this is going to be a C7 ish priced car.
These folks are the ones that need it to be priced that low as they cant afford a 100k car.
I guess what im saying is get over it.
Wrong
06-17-2018, 08:01 PM
#31
Melting Slicks
When I was 12 I discovered cars. Corvette was the only car I ever wanted. When I was 15 I learned about money and bought a used camaro. In my early 30's i paid off my house and finally got my new Corvette. I did not forget about the value of money, I will not buy a corvette at 100k. Love the band, but refuse to make dumb decisions.
06-17-2018, 08:09 PM
#32
Pro
Im definitely not paying ADM, for an ME. The only way I see an ADM being on the second ME model year, is if the stick a 500 of 500 model tag on it, like the Civic Type R, currently being seen for $15K over, on a $35K car.
06-17-2018, 08:28 PM
#33
Burning Brakes
There’s just not much sense in arguing the price when we have no concrete information to back it up. We have logic and reasoning, and a few generous words from inside sources.
We know that the LT1 will be used, or at least an updated version. That, in my opinion, shows that they’re trying to keep the base price down. It’s also very possible that they want a reliable powertrain for the first years of this very new car, or that the naturally aspirated DOHC V8 won’t be ready by the car’s launch.
We know that it will use a DCT in a transaxle configuration, and that a manual won’t be offered. Offering just one transmission throughout the lineup decreases production and research costs because there’s less machines being used and far fewer IVERs that GM would need to produce and test.
We know that Bowling Green Assembly will have an much greater production capacity by the launch of the mid-engine Corvette than it had at the C7’s launch. I’m no expert, but I don’t think the production of a $100,000 car would fill the extra capacity. The Porsche 911 sells in half the volume of the C7, and it starts at $91,000.
On the logic side of things, Elegant has mentioned GM’s ability to reuse parts from car to car. This would be a big help in keeping production costs and repair costs down.
We also know of GM’s new 3D printed part simulation and design software from AutoDesk. It helps to find a cost-effective, lightweight solution to the design of any 3D printed parts, and 3D printed parts are usually cheap regardless of design. This new technology could have been, and likely was, used in the design of many new parts for the car.
http://www.3ders.org/articles/201805...-vehicles.html
I’m barely scratching the surface, but I don’t think that the mid-engine Corvette will have a base MSRP above $85,000. There’s no forseable reason for it to cost any more.
Edit
just realized that I contradicted what I said at the beginning of the post!
We know that the LT1 will be used, or at least an updated version. That, in my opinion, shows that they’re trying to keep the base price down. It’s also very possible that they want a reliable powertrain for the first years of this very new car, or that the naturally aspirated DOHC V8 won’t be ready by the car’s launch.
We know that it will use a DCT in a transaxle configuration, and that a manual won’t be offered. Offering just one transmission throughout the lineup decreases production and research costs because there’s less machines being used and far fewer IVERs that GM would need to produce and test.
We know that Bowling Green Assembly will have an much greater production capacity by the launch of the mid-engine Corvette than it had at the C7’s launch. I’m no expert, but I don’t think the production of a $100,000 car would fill the extra capacity. The Porsche 911 sells in half the volume of the C7, and it starts at $91,000.
On the logic side of things, Elegant has mentioned GM’s ability to reuse parts from car to car. This would be a big help in keeping production costs and repair costs down.
We also know of GM’s new 3D printed part simulation and design software from AutoDesk. It helps to find a cost-effective, lightweight solution to the design of any 3D printed parts, and 3D printed parts are usually cheap regardless of design. This new technology could have been, and likely was, used in the design of many new parts for the car.
GM’s director of additive design and manufacturing, Kevin Quinn, has predicted that 3D printed parts will be appearing in the company’s high-end motorsports vehicles by sometime next year.
I’m barely scratching the surface, but I don’t think that the mid-engine Corvette will have a base MSRP above $85,000. There’s no forseable reason for it to cost any more.
Edit
just realized that I contradicted what I said at the beginning of the post!Last edited by Quinten33; 06-17-2018 at 08:30 PM.
06-17-2018, 09:06 PM
#34
Team Owner
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06-17-2018, 09:22 PM
#38
Safety Car
Capacity with max overtime at the time of initial C7 production = 40,500 units per year.
Capacity as a result of last fall’s 13 week Plant gut and re-build was reduced to 33,000 units per year. Source = Kai Spande, and he noted that 33K was the absolute max at “firewall overtime” due to the paint shop capacity even at two, ten hour shifts per day. Another way of looking at this, is that when C7 production started (and through August of last year) production was 17.2 Corvettes/hour, but starting last November, it became 11.6 units per hour.
I know that many still believe that some of 455,000 square feet of space was added to BGA as a result of the paint shop massive addition, will be being used for a second assembly line, but 100% of that space is being used for nothing more than painting Corvettes (exception the below ground floor is being used for storage of spare parts and equipment). I know several individuals (additionally the entire NCM Board) who have had a complete tour of the Paint shop and they have verified that there is no left over capacity within the large paint shop addition for anything other than painting cars.
The Powertrain Build Center, which we know was/is located in the “old part” of the plant next to the assembly line is greatly being expanded.
As much as many wish to present the new paint shop building as expanding production capacity, that has not happened, nor will it happen. If fact even with the new paint shop addition, as a result of last fall’s complete gut and re-build, plant annual capacity has been reduced. Bottom line is that there is only one assembly line within the expanded plant (all parts of the expanded building), one production line which will be used to make during the 2020 MY to build a total of 33,000 Corvettes — both C7’s and ME’s., e.g., a 19% annual capacity reduction from the pre-2019 level.
Last edited by elegant; 06-17-2018 at 09:32 PM.