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Do people really not understand what Corvette means?

Old 09-14-2018, 04:20 PM
  #21  
ColoradoGS
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Originally Posted by ArmchairArchitect
To take the title of this post literally, the meaning of corvette is actually a lightweight, maneuverable battleship.


I was explaining to a friend of mine who is completely not a car guy that there's some excitement about a new Corvette and (back then) people weren't even sure it was going to be called Corvette, or if there was going to be a Corvette Stingray and Corvette Zora, etc.

His immediate suggestion? Chevy Corvette and the Chevy Frigate.
Old 09-14-2018, 04:22 PM
  #22  
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OP, I could not agree with you more. I’ve always wanted a Corvette, ever since I was a kid. I took a picture next to a c3 at that time and I didn’t even know it was a corvette. Go Figure! I will have one, maybe not in the immediate future but I will! I see Ferrari’s, Lambos and Mclarens but they do nothing for me. Sure they are nice cars but they are unreachable for guys like me and I am damn happy to be in the poor mans category!
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Old 09-14-2018, 04:30 PM
  #23  
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Originally Posted by ColoradoGS
In so many of these C8 threads people are like "Ferarri this" and "hypercar that". Suggestions of "well if the C8 isn't XYZ I'm gonna buy a McLaren!" Story time.

I went to the supermarket today at lunch in my grocery getter--a 2017 Grand Sport. I parked in the back of the parking lot (as one does) and when I came out there was a guy crouched down behind my car taking pictures with his phone. As I walked towards my car he stood up and asked "Is this your Vette?" I can say with confidence that being able to say "Yeah, that's my Vette" after years of dreaming never gets old no matter how many times someone has asked.

We talked about Corvettes for a bit before he went back to his car where his wife was hiding in embarrassment. His favorite thing about Vettes? The performance you get for the dollar. We talked about how I've wanted one my whole life and finally was able to pull the trigger. He was like "one day, dude, one day". And that's the thing. A Ferrari could never make him feel like that. Sure, it'd be cool to see one and he'd probably take a picture of it too. But he could never ever imagine actually owning one. He can realistically dream of owning a Corvette one day. That's the difference. GM could shock me but I'd bet pretty strongly the C8 is going to be the same as the C1 though C7 have been. An attainable sports car with great performance and a "reasonable" price. Yes, a Ferrari will have a better paint job. Yes, a Porsche 911 Turbo S will have a better 0-60 time. Yes, a McLaren will have more carbon fiber and exotic styling. But 95% of all Corvette buyers won't care because those cars are just cars they see in videos and on Jay Leno's Garage. The Corvette is the one they can save for and one day have someone taking pictures of it in the grocery store parking lot.

Oh and what angle was he taking pictures from? Straight from behind of the tail lights. I guess that angular, droopy, waterfall, definitely non-round design by the no-skill designers left on the Corvette team isn't as hideous as some people here report it to be.
Let's not dismiss every admirer as only ever being capable of aspiring to own a Corvette. Plenty of kids oogling your car and posting videos on their blog today will become bankers, politicians and fraudsters and someday be able to afford any Ferrari they want.
Old 09-14-2018, 05:49 PM
  #24  
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Originally Posted by smithers
It does seem like people have suddenly forgotten that Corvettes have always been priced in a way that made them realistically affordable to common people. There seems to be an expectation that GM has suddenly said "to hell with that" and decided to abandon their current market and make it a car most people won't be able to afford (that $100k+ range).

Chances are high that this car will basically be a Corvette with the engine in the middle. And that's fine. But most people seem to have this idea in their heads that going mid engine means it is has to look like a LaFerrari and cost $150k+(or even worse the hope that it's a halo car like the Ford GT). But there have been plenty of cars over the years that were both ME and affordable. There is no reason the C8 can't do the same.
Really?
Average price of a new car in 1953 = $1,650.
Corvette price in 1953 = $3,498.
Average income in 1953 = $3,139

Average price of a new car in 1962 = $3,125
Corvette price in 1962 = $4,038
Average income in 1962 = $4,291

Average price of a new car in 1970 = $3,542
Corvette price in 1970 = $6,773
Average income in 1970 = $6,186

Average price of a new car in 1980 = $7,000
Corvette price in 1980 = $14,694
Average income in 1980 = $12,513

Average price of a new car in 1990 = $9,437
Corvette price in 1990 = $31,979
Corvette ZR-1 price in 1990 = $58,995
Average income in 1990 = $21,027

Average price of a new car in 2000 = $24,750
Corvette price in 2000 = $39,280
Average income in 2000 = $32,154

Average car price in 2010 = $27,950
Corvette price in 2010 = $54,770
Average income in 2010 = $49,445

Corvettes have always been well above the average car price. The 1980s saw some of the highest Corvette sales years, and yet the price to income ratio was the most disproportionate. Also, in 1990 despite the car's price being triple the average income and six times the price of the average car, Chevrolet managed to sell more than 3,000 ZR-1s. Corvette has never been for the average man.
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Old 09-14-2018, 06:02 PM
  #25  
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Originally Posted by LIStingray
That is 100% false - few buyers of the Cayenne and Macan, if the hadn't previously owned a Porsche, bought a 911 or Cayman/Boxster. What the Porsche SUV's have done is made a boatload of cash for Porsche, which has allowed them to stay in business - without the SUV's, Porsche would have folded during the last recession.
True. The Panamera is their cost leader.
Old 09-14-2018, 06:51 PM
  #26  
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Originally Posted by ArmchairArchitect
To take the title of this post literally, the meaning of corvette is actually a lightweight, maneuverable battleship.
Gently said, slightly different, according to Merriam. " highly maneuverable armed escort ship that is smaller than a destroyer"
Old 09-14-2018, 07:07 PM
  #27  
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Originally Posted by Atari_Prime
Really?
Average price of a new car in 1953 = $1,650.
Corvette price in 1953 = $3,498.
Average income in 1953 = $3,139

Average price of a new car in 1962 = $3,125
Corvette price in 1962 = $4,038
Average income in 1962 = $4,291

Average price of a new car in 1970 = $3,542
Corvette price in 1970 = $6,773
Average income in 1970 = $6,186

Average price of a new car in 1980 = $7,000
Corvette price in 1980 = $14,694
Average income in 1980 = $12,513

Average price of a new car in 1990 = $9,437
Corvette price in 1990 = $31,979
Corvette ZR-1 price in 1990 = $58,995
Average income in 1990 = $21,027

Average price of a new car in 2000 = $24,750
Corvette price in 2000 = $39,280
Average income in 2000 = $32,154

Average car price in 2010 = $27,950
Corvette price in 2010 = $54,770
Average income in 2010 = $49,445

Corvettes have always been well above the average car price. The 1980s saw some of the highest Corvette sales years, and yet the price to income ratio was the most disproportionate. Also, in 1990 despite the car's price being triple the average income and six times the price of the average car, Chevrolet managed to sell more than 3,000 ZR-1s. Corvette has never been for the average man.
Your stats may be fine, but you're missing the points which relate to aspiration and achievement. To aspire to something within a somewhat reasonable reach makes for the higher chance to achieve the goal. It becomes a pyramid where only so many (and they are few) can reach the top to be one of those who gets to own a La Ferrari today, or back in the day, an F40 Ferrari at $1 million as the second owner.

Take any decade in your stats, add in someone who's been working up the ladder, saving and wanting a Corvette, and it's not just an aspiration, but an achievable one. That's why on these pages we read over and over about those who have finally made it to their first Corvette.

Double or triple the price of a $50K new Corvette and the dream becomes far, far less achievable and a possibly unrealistic aspiration for those who will be not near the top of the pyramid. This really is the land of opportunity for those willing to work hard for their dreams but some cars may just be slightly out of reach at triple the cost of a current Corvette. Good stats, tho, thanks!
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Old 09-14-2018, 07:31 PM
  #28  
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Right on! Even if I was a millionaire I would question the price of the Ferrari considering the maintenance and reliability. Yeah, they would be a blast to drive but I'd be afraid to park it somewhere or hit a curb lol. To me Corvettes and Porsches are more of the high end blue collared workers cars. Well, Porsche is right on that line I guess...
Old 09-14-2018, 09:24 PM
  #29  
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Originally Posted by supermetroid
Right on! Even if I was a millionaire I would question the price of the Ferrari considering the maintenance and reliability. Yeah, they would be a blast to drive but I'd be afraid to park it somewhere or hit a curb lol. To me Corvettes and Porsches are more of the high end blue collared workers cars. Well, Porsche is right on that line I guess...
Looking at the composition of my local Corvette club, this is exactly right. For better or worse, I feel out of place as an Ivy League educated lawyer. But I LOVE my Corvette.
Old 09-14-2018, 09:55 PM
  #30  
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Ever since I was about 10 years old I always wanted a Corvette. I had the pictures of the Ferrari’s and Lamborghini’s in my room but always dreamed of buying a Corvette when I grew up. My biggest fear when I was about 13 was that I was growing too fast and wouldn’t fit in a Corvette. Well when I graduated college and got my first job, I bought my first Vette. Over the next 25 years I had 5 different Corvettes. A number of years ago I had the good fortune of selling my business. My wife told me I can afford to get a real car now instead of a “kids” car. Being the good husband I listened to her and started buying exotics over the next 20 years. Even though these cars were beautiful too look at, I hated the attention and would sneak out for my drives early in the morning or late at night when nobody would see me. When I first saw the C7 it brought me back to the days of when I was a kid and I told myself one day I will be buying a Corvette again. It took a few years but I finally bought my Grand Sport. It’s not something I can explain but every time I get into that car I feel like I’m 21 again driving my Corvette for the very first time. Not to mention when I track this car and run circles around some of the Porsche's and exotics. My wife no longer tells me to buy a “real” car, now she wants to know when I ‘m putting down my deposit on the new one. I guess it’s like your first love, you always remember it…
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Old 09-14-2018, 09:55 PM
  #31  
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People love the Corvette because for a somewhat attainable price, one can buy a brand new one that you can order exactly the way you want. When you can no longer get all the options that you always wanted in a sports car, it ceases to be something to pine for or desire. That's when you go look at alternative vehicles.

I'm not going to spend $80k-$120k for a car just to make some looky loo's day because he can take a picture of it. I'm buying it for me.

Joe six pack can afford to buy a used Corvette, just like those with means can buy a used McLaren. I almost bought a used Ferrari 328 GTS back in the 90's when they were practically giving them away for the price of a new Honda Accord.

If GM wants to keep market share, they better offer a product that gives the consumer everything they want in a car.
Old 09-14-2018, 10:11 PM
  #32  
smithers
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Originally Posted by Atari_Prime
Really?
Average price of a new car in 1953 = $1,650.
Corvette price in 1953 = $3,498.
Average income in 1953 = $3,139

Average price of a new car in 1962 = $3,125
Corvette price in 1962 = $4,038
Average income in 1962 = $4,291

Average price of a new car in 1970 = $3,542
Corvette price in 1970 = $6,773
Average income in 1970 = $6,186

Average price of a new car in 1980 = $7,000
Corvette price in 1980 = $14,694
Average income in 1980 = $12,513

Average price of a new car in 1990 = $9,437
Corvette price in 1990 = $31,979
Corvette ZR-1 price in 1990 = $58,995
Average income in 1990 = $21,027

Average price of a new car in 2000 = $24,750
Corvette price in 2000 = $39,280
Average income in 2000 = $32,154

Average car price in 2010 = $27,950
Corvette price in 2010 = $54,770
Average income in 2010 = $49,445

Corvettes have always been well above the average car price. The 1980s saw some of the highest Corvette sales years, and yet the price to income ratio was the most disproportionate. Also, in 1990 despite the car's price being triple the average income and six times the price of the average car, Chevrolet managed to sell more than 3,000 ZR-1s. Corvette has never been for the average man.
I never said Corvettes were below average car price. I am just saying common people can generally afford them. On my 1 hour commute to work I pass dozens of cars priced similar to the Corvette. Corvettes aren't a car that is only attainable by the top 1% of earners.

I'm not saying everyone can afford one. But they are a much more attainable dream car for the average person than the exotics people are trying to compare to the C8.

People like to say that if the C8 doesn't have a manual transmission option, GM is cutting out 23% of the market. Well, if they make the base price $100k+, they are likely cutting out a lot more than 23% of the market.

Last edited by smithers; 09-14-2018 at 10:17 PM.
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Old 09-14-2018, 10:19 PM
  #33  
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Originally Posted by Donatella
Ever since I was about 10 years old I always wanted a Corvette. I had the pictures of the Ferrari’s and Lamborghini’s in my room but always dreamed of buying a Corvette when I grew up. My biggest fear when I was about 13 was that I was growing too fast and wouldn’t fit in a Corvette. Well when I graduated college and got my first job, I bought my first Vette. Over the next 25 years I had 5 different Corvettes. A number of years ago I had the good fortune of selling my business. My wife told me I can afford to get a real car now instead of a “kids” car. Being the good husband I listened to her and started buying exotics over the next 20 years. Even though these cars were beautiful too look at, I hated the attention and would sneak out for my drives early in the morning or late at night when nobody would see me. When I first saw the C7 it brought me back to the days of when I was a kid and I told myself one day I will be buying a Corvette again. It took a few years but I finally bought my Grand Sport. It’s not something I can explain but every time I get into that car I feel like I’m 21 again driving my Corvette for the very first time. Not to mention when I track this car and run circles around some of the Porsche's and exotics. My wife no longer tells me to buy a “real” car, now she wants to know when I ‘m putting down my deposit on the new one. I guess it’s like your first love, you always remember it…
Beautiful story.
Old 09-14-2018, 10:21 PM
  #34  
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I agree with Colorado....I'm proud to own this American Dream Car. I've obviously added my taste mods to mine. I'd love to own a Lamborghini one day. But owning an American made, American built car of this high caliber is an honor.
Old 09-15-2018, 04:19 AM
  #35  
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So many thoughts...but typing on a phone I will keep it short. I’ve had several Corvettes and I’ll likely have another. However, I don’t see much reason to get a C8 at present, or even most Vettes outside of a classic. Sure the current performance is very good, within 10% of the fastest cars on the market but that alone isn’t enough reason to buy one. Styling is the otherpiece of the puzzle and it has to insprire. For the same money as a new Vette I can go get a used Viper, F355, 360, Esprit, DB9, or heck I can pretend to be Magnum PI and roll down the street in a 308 playing my best 80s tunes. No offense to Corvettes but all will turn many more heads than the prettiest Vette of any year and have enough performance to keep a grin on your face all day. And for the same money as the C8 you could get an R8. Sure, some will prefer the styling of the Vette but for those willing to brave the land of expired warranties, there’s a lot of fun to be had and in a prettier package by most standards. Throw in better stability of resale value and there aren’t any reasons to get a Vette outside of nostaligia for the one that got away. The styling is simply too conservative and done by committee to be a dream, especially when there are plenty of options in the same price range.
Old 09-15-2018, 07:19 AM
  #36  
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Originally Posted by smithers
I never said Corvettes were below average car price. I am just saying common people can generally afford them. On my 1 hour commute to work I pass dozens of cars priced similar to the Corvette. Corvettes aren't a car that is only attainable by the top 1% of earners.

I'm not saying everyone can afford one. But they are a much more attainable dream car for the average person than the exotics people are trying to compare to the C8.

People like to say that if the C8 doesn't have a manual transmission option, GM is cutting out 23% of the market. Well, if they make the base price $100k+, they are likely cutting out a lot more than 23% of the market.
I bet a good portion of them buy the C8 anyways, cant wait to see them running around. Chevy finally made something to get excited about.

Old 09-15-2018, 08:26 AM
  #37  
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Originally Posted by Atari_Prime
For the same money as a new Vette I can go get a used Viper, F355, 360, Esprit, DB9, or heck I can pretend to be Magnum PI and roll down the street in a 308 playing my best 80s tunes. No offense to Corvettes but all will turn many more heads than the prettiest Vette of any year and have enough performance to keep a grin on your face all day. And for the same money as the C8 you could get an R8. Sure, some will prefer the styling of the Vette but for those willing to brave the land of expired warranties, there’s a lot of fun to be had and in a prettier package by most standards. Throw in better stability of resale value and there aren’t any reasons to get a Vette outside of nostaligia for the one that got away. The styling is simply too conservative and done by committee to be a dream, especially when there are plenty of options in the same price range.
You are definitely in the minority in suggesting the C7 styling isn't world class. Comparing a used 10-20 year old $200,000+ when new car of any type to a new Corvette is just non-sensical - those cars lack all of the modern safety features, electronic interfaces and a warranty to be "competitors". Those cars fall into the same price range as a new Corvette over time because of all those reasons and the cost of repairs. Many on here would take a 488 Ferrari over a Z06 Corvette, but most on here don't have the extra $200,000 to do so - all comparisons need to be apples to apples, and a car costing 3-5x the price can never be apples to apples - or maybe you believe a Mazda MX5 RF($32,345), which is a two seat folding hard top sports car is direct competition for a Z06/Z07 Corvette, which is actually less than 3x its price?

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Old 09-15-2018, 08:27 AM
  #38  
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Originally Posted by ColoradoGS
In so many of these C8 threads people are like "Ferarri this" and "hypercar that". Suggestions of "well if the C8 isn't XYZ I'm gonna buy a McLaren!" Story time.

I went to the supermarket today at lunch in my grocery getter--a 2017 Grand Sport. I parked in the back of the parking lot (as one does) and when I came out there was a guy crouched down behind my car taking pictures with his phone. As I walked towards my car he stood up and asked "Is this your Vette?" I can say with confidence that being able to say "Yeah, that's my Vette" after years of dreaming never gets old no matter how many times someone has asked.

We talked about Corvettes for a bit before he went back to his car where his wife was hiding in embarrassment. His favorite thing about Vettes? The performance you get for the dollar. We talked about how I've wanted one my whole life and finally was able to pull the trigger. He was like "one day, dude, one day". And that's the thing. A Ferrari could never make him feel like that. Sure, it'd be cool to see one and he'd probably take a picture of it too. But he could never ever imagine actually owning one. He can realistically dream of owning a Corvette one day. That's the difference. GM could shock me but I'd bet pretty strongly the C8 is going to be the same as the C1 though C7 have been. An attainable sports car with great performance and a "reasonable" price. Yes, a Ferrari will have a better paint job. Yes, a Porsche 911 Turbo S will have a better 0-60 time. Yes, a McLaren will have more carbon fiber and exotic styling. But 95% of all Corvette buyers won't care because those cars are just cars they see in videos and on Jay Leno's Garage. The Corvette is the one they can save for and one day have someone taking pictures of it in the grocery store parking lot.

Oh and what angle was he taking pictures from? Straight from behind of the tail lights. I guess that angular, droopy, waterfall, definitely non-round design by the no-skill designers left on the Corvette team isn't as hideous as some people here report it to be.
Well said. Chevrolet has known that since 1953. Lets hope they don't change.
Old 09-15-2018, 08:42 AM
  #39  
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Originally Posted by Atari_Prime
Really?
Average price of a new car in 1953 = $1,650.
Corvette price in 1953 = $3,498.
Average income in 1953 = $3,139

Average price of a new car in 1962 = $3,125
Corvette price in 1962 = $4,038
Average income in 1962 = $4,291

Average price of a new car in 1970 = $3,542
Corvette price in 1970 = $6,773
Average income in 1970 = $6,186

Average price of a new car in 1980 = $7,000
Corvette price in 1980 = $14,694
Average income in 1980 = $12,513

Average price of a new car in 1990 = $9,437
Corvette price in 1990 = $31,979
Corvette ZR-1 price in 1990 = $58,995
Average income in 1990 = $21,027

Average price of a new car in 2000 = $24,750
Corvette price in 2000 = $39,280
Average income in 2000 = $32,154

Average car price in 2010 = $27,950
Corvette price in 2010 = $54,770
Average income in 2010 = $49,445

Corvettes have always been well above the average car price. The 1980s saw some of the highest Corvette sales years, and yet the price to income ratio was the most disproportionate. Also, in 1990 despite the car's price being triple the average income and six times the price of the average car, Chevrolet managed to sell more than 3,000 ZR-1s. Corvette has never been for the average man.
You do realize that people don't buy cars today the same way they did in 1953, right? Not too much leasing going on back then. Not too many 5- and 6-year car loans either. You can't just take some chart of numbers and compare car costs and ratio to income. It's not even in the same ballpark.
Old 09-15-2018, 09:18 AM
  #40  
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Great story, OP.
To me, Corvette is the American Dream. It’s beautiful and difficult to attain, but with enough planning and hard work you can own one. And it just so happens to be made in this great country of ours... I just hope Chevy remembers that and doesn’t destroy it with a big price jump.

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