Do people really not understand what Corvette means?
#61
Drifting
OP, this was a cool post.
I can see Atari Prime’s view too.
The way I reconcile it is I’m gonna have at least one Vette in my stable... will it be the C8 (plus my ‘17 C7Z)? Not sure. There is a running list of cars I’d like to get at b4 I die ( I hope I have at least 3-4 more decades). So I’m not about collecting Vettes but it sure is a special car/brand.
To AtariPrime: I am a huge value guy so even if I can get a f355, 360 I’m not sure I should. AM vantage Is on my list not DB9. Not Lotus esprit, maybe evora. Ferrari is prob the one I go back and forth the most on... if I could today it’d be a F12 TDF which is a better C7 but a LOT more expensive. Probably I’d try to get a first gen Ford GT first. I’m sure stock ticker RACE will be fine with or without me.
I can see Atari Prime’s view too.
The way I reconcile it is I’m gonna have at least one Vette in my stable... will it be the C8 (plus my ‘17 C7Z)? Not sure. There is a running list of cars I’d like to get at b4 I die ( I hope I have at least 3-4 more decades). So I’m not about collecting Vettes but it sure is a special car/brand.
To AtariPrime: I am a huge value guy so even if I can get a f355, 360 I’m not sure I should. AM vantage Is on my list not DB9. Not Lotus esprit, maybe evora. Ferrari is prob the one I go back and forth the most on... if I could today it’d be a F12 TDF which is a better C7 but a LOT more expensive. Probably I’d try to get a first gen Ford GT first. I’m sure stock ticker RACE will be fine with or without me.
Last edited by Parcival; 09-15-2018 at 09:06 PM.
#62
Drifting
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.
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.
#63
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.
#64
Melting Slicks
Why not?...GM could do a mild redo of the C7 with the money they havent spent doing updates with the current car, bump the price up by $5000, and then go upmarket with the mid engine......
Between the two models, the plant would be still be busy.
Fewer cars produced at higher margins would give GM the profit it wants, and would keep the dealers happy.
......No more selling at invoice.
I cant believe that GM hasnt seriously looked at increasing profit per unit and lowering production numbers....
Decreasing excess inventory and the need for rebates.
Between the two models, the plant would be still be busy.
Fewer cars produced at higher margins would give GM the profit it wants, and would keep the dealers happy.
......No more selling at invoice.
I cant believe that GM hasnt seriously looked at increasing profit per unit and lowering production numbers....
Decreasing excess inventory and the need for rebates.
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#65
Melting Slicks
OP, this was a cool post.
I can see Atari Prime’s view too.
The way I reconcile it is I’m gonna have at least one Vette in my stable... will it be the C8 (plus my ‘17 C7Z)? Not sure. There is a running list of cars I’d like to get at b4 I die ( I hope I have at least 3-4 more decades). So I’m not about collecting Vettes but it sure is a special car/brand.
To AtariPrime: I am a huge value guy so even if I can get a f355, 360 I’m not sure I should. AM vantage Is on my list not DB9. Not Lotus esprit, maybe evora. Ferrari is prob the one I go back and forth the most on... if I could today it’d be a F12 TDF which is a better C7 but a LOT more expensive. Probably I’d try to get a first gen Ford GT first. I’m sure stock ticker RACE will be fine with or without me.
I can see Atari Prime’s view too.
The way I reconcile it is I’m gonna have at least one Vette in my stable... will it be the C8 (plus my ‘17 C7Z)? Not sure. There is a running list of cars I’d like to get at b4 I die ( I hope I have at least 3-4 more decades). So I’m not about collecting Vettes but it sure is a special car/brand.
To AtariPrime: I am a huge value guy so even if I can get a f355, 360 I’m not sure I should. AM vantage Is on my list not DB9. Not Lotus esprit, maybe evora. Ferrari is prob the one I go back and forth the most on... if I could today it’d be a F12 TDF which is a better C7 but a LOT more expensive. Probably I’d try to get a first gen Ford GT first. I’m sure stock ticker RACE will be fine with or without me.
Last edited by mammoth713; 09-16-2018 at 03:41 AM.
#66
Le Mans Master
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.
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.
Makes a poor joe like me faint as I blow by them in an old tt z06. Now chevy will be building something that will definitely compete, and while not quite as "exotic" a poor mans exotic is exactly what I want and chevy is finally going to build it.
I hope it rivals the looks, and for gods sake keep it lighter! A solid looking vette that I can afford and enjoy is much more important to us working joes than the exotic numbers. give me that performance at 25 percent of the cost and I'll be ok with that.
#67
Race Director
I dont know about you guys but i have one rule. The sportscar i own has to work ..go buy a masersti, ferrari, aston martin and you ll find out how valuable GMs 300k mile validation process is.
the exotics dont have anywhere near the time and research invested on how to make their cars durable...and if you do more than shine and admire your car to the tune of a few thousand miles a year...
that validation process gm has as part of its bringing any of its cars to market means a lot less headaches...
my buddy went to work for aston martin service department for more money...he told me the factory has no clue on why things break and how to fix them...and thats the factory support...its just tow in and replace parts until they get it to work..
as beautiful a car as aston martin in I wised up real fast and said I will never own one of those cars.
i have plenty of money to buy them and service them. I never have the patience to deal with that kind of nonsense..
buy a corvette and it just works and serves ..
the exotics dont have anywhere near the time and research invested on how to make their cars durable...and if you do more than shine and admire your car to the tune of a few thousand miles a year...
that validation process gm has as part of its bringing any of its cars to market means a lot less headaches...
my buddy went to work for aston martin service department for more money...he told me the factory has no clue on why things break and how to fix them...and thats the factory support...its just tow in and replace parts until they get it to work..
as beautiful a car as aston martin in I wised up real fast and said I will never own one of those cars.
i have plenty of money to buy them and service them. I never have the patience to deal with that kind of nonsense..
buy a corvette and it just works and serves ..
Last edited by JerriVette; 09-16-2018 at 09:35 AM.
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Rapid Fred (09-16-2018)
#68
Team Owner
Member Since: Jun 2005
Location: Northern, VA
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St. Jude Donor '15
"In honor of jpee"
Since I see no answers to my question back to C5 driver, I'll post on JerriV's reliability requirement. Makes a helluva lotta sense to me! There used to be a Brit.-owned co. with a dealer very nearby the co. hq I worked for. Almost alll the senior execs had one. A very good reason why was, the dealer offered free p/u and delivery of all dead cars 1) at home, 2) at work, or 3) anywhere else in the metro area. Real-good-deal. Plus, a "reliable" loaner for as long as it took to fix it. And the frequency and length of time? Neither was a small number....
#69
Le Mans Master
Since I see no answers to my question back to C5 driver, I'll post on JerriV's reliability requirement. Makes a helluva lotta sense to me! There used to be a Brit.-owned co. with a dealer very nearby the co. hq I worked for. Almost alll the senior execs had one. A very good reason why was, the dealer offered free p/u and delivery of all dead cars 1) at home, 2) at work, or 3) anywhere else in the metro area. Real-good-deal. Plus, a "reliable" loaner for as long as it took to fix it. And the frequency and length of time? Neither was a small number....
while there are a few cars that can outrun and outgun the vette, they are typically at 2x and 3x price points to start, and it gets way worse from there as they are driven.
My vettes are typically "high mile" cars even though I bought them with low miles. The exotic guys keep the miles off of them for a reason, they are just too expensive to keep on the road. When you look at the used ones,. the "last service" is a big deal on the sale. My best vette mechanic went to work for jag. They are super hard to work on, expensive, and the mechanics are heroes when they can fix them (and have to be good).
The engineering and durability at this price should be way more solid, Audi was the first that put AC systems on the lambo that could actually cool the air and didn't just overheat the car. Lots of "unforgiveable" engineering was the norm on these exotics and when I talk to the owners I shudder at what they pay to keep them going and even more so how often they fail and are in the shop. I guess I need tow work on these not vettes!!!
The vette performance numbers measure, up, durability however is where the vette stomps most of them badly. I like looking at the cool exotics, the designs end interiors really are top notch and "show the money" in addtion to the performance. But most are too much like playing with a firecracker. Goes pop and burns you badly.
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AORoads (09-16-2018)
#70
Cruising
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.
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.
Appreciate the story!
#71
Race Director
^^^^^
Happens to me all the time. ‘08 with 50K miles. Nothing special at all, you would think.
I buy used Vettes because there is no other sports car for the money that comes remotely close — especially considering all facets of ownership cost. But, I must confess I really enjoy how much average folks, of all ages, seem to love the Vette. I get compliments often and the conversations are usually great...
Happens to me all the time. ‘08 with 50K miles. Nothing special at all, you would think.
I buy used Vettes because there is no other sports car for the money that comes remotely close — especially considering all facets of ownership cost. But, I must confess I really enjoy how much average folks, of all ages, seem to love the Vette. I get compliments often and the conversations are usually great...
#72
Safety Car
Couldn't have said it better! Recently I picked up a new to me 2012 Carlisle Blue GS Convertible with only 16,000 miles on it, and multiple times now when stopped for gas or at the quickie mart I have come out to people looking at the car. Most recently a guy in a BMW 3 series left his wife/gf in the car to come over and talk. He actually thought my car was brand new! Now maybe this guy doesn't know his cars all that well, but we enjoyed talking about them for a few minutes before both getting on with our day. This is what it means to be a Corvette owner and something I will never get tired of. I may never own a Ferrari or Porsche, but since seeing my first '82 Vette as a kid, I knew one day I would have one.
Appreciate the story!
Appreciate the story!
And the same thing with my Suzuki Hayabusa motorcycle. People like cool bikes too.
#73
Melting Slicks
Someone mentioned that the C8 will follow the pricing formula of c2-c7, and that makes sense: Precedence. Some say it's competing with Hyper-car rivals. That doesn't make 'sense' when you consider a thought someone made the observation (which makes, again, sense ) : The Corvette is the attainable brass-ring of cars.
So, will the authority on the issue (GM) suddenly and without ANY prior hints or indication that going after Ferrari, Lamborghini, MClaren, etc is what they are going to do, switch up their decades long strategy of success? The probability is low considering ... precedence and what has been stated by GM... Unless they maintain the FE and ME lines indefinitely. they could but my suspicion is that sales would suffer in one of the 2 lines, Cannibalized by the other.
With the Mustang GT, gt350, Gt350R, Camaro 1LE's, and others nipping at the heels of the corvette, one might think that GM wants to make a move to separate the corvette from the PONY cars. If you think of the history of the Corvette, it's always been a rung higher on the american sports car ladder and had no direct competitor. Today, that's objectively not the case. So, GM (and this I strongly hope) phases out the FE and goes solely ME for the Corvette. taking it up 1 rung on that ladder from the other american offerings but retains it's attainability.
Make sense?
So, will the authority on the issue (GM) suddenly and without ANY prior hints or indication that going after Ferrari, Lamborghini, MClaren, etc is what they are going to do, switch up their decades long strategy of success? The probability is low considering ... precedence and what has been stated by GM... Unless they maintain the FE and ME lines indefinitely. they could but my suspicion is that sales would suffer in one of the 2 lines, Cannibalized by the other.
With the Mustang GT, gt350, Gt350R, Camaro 1LE's, and others nipping at the heels of the corvette, one might think that GM wants to make a move to separate the corvette from the PONY cars. If you think of the history of the Corvette, it's always been a rung higher on the american sports car ladder and had no direct competitor. Today, that's objectively not the case. So, GM (and this I strongly hope) phases out the FE and goes solely ME for the Corvette. taking it up 1 rung on that ladder from the other american offerings but retains it's attainability.
Make sense?
Last edited by tcinla; 09-20-2018 at 01:13 PM.
#75
Pro
It will be attainable for a price! And that price is a good bit more then the price of a C2-C7. i also do not believe they will phase out the front engine models. Speaking of precedence! 68 years of selling front engine sports cars. That's the attainable one but even it is all over the map in pricing. See the thread entitled, What is your threshold on cost.
Last edited by ltomn; 09-20-2018 at 01:18 PM.
#77
Option 1. The C8 is ME and ME only. There's a modest price bump for the base model (models with things like twin turbos and hybrid front wheel drive could of course be much higher in price) which lets most of the people that either bought or considered a C7 consider a C8 ME. At least from a price perspective.
Option 2. The C8 ME base price is significantly higher than the C7 base price. And by significant I mean most people in the C7 market space are priced out of the C8 ME. Under this option, the C7 FE continues for a bit and then a refreshed FE C8 or C7.5 is released for those people that either can't afford or don't like the C8 ME.
What I don't think is likely is option 3.
Option 3. The C8 is ME only and the base price starts at 40%+ more than the C7. GM tells most of the Corvette faithful that they basically stopped making Corvettes they can buy--shut up and go buy a Camaro.
I mean it's possible of course but I can't imagine it. Trying to expand the market segment? That's good business and something GM would be happy to see happen. Totally abandoning the primary market segment and hoping to attract a completely new set of potential buyers? Very risky and as I've said before auto manufacturers are notoriously risk adverse. The Corvette business and brand is worth many billions of dollars. It's easy for an internet armchair quarter back to say "Leave that all behind! Making Corvette as awesome as can be, even if that means most Corvette fans can't ever buy one!" When you actually hold the reigns to the reputation and value of the Corvette brand you are not going to do that.
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pdiddy972 (09-30-2018)
#78
Drifting
GM is making the Corvette a ME because the current offerings look like a CAMARO (from the rear).lol
I had a C5 Z06 for 14 years and sold it to upgrade to an NSX.
They are all "whim" cars and hot damn if you can afford your whims.
I hope GM makes a 800+ hp version even if it is a limited edition.
There are so many great cars available.
I had a C5 Z06 for 14 years and sold it to upgrade to an NSX.
They are all "whim" cars and hot damn if you can afford your whims.
I hope GM makes a 800+ hp version even if it is a limited edition.
There are so many great cars available.
Last edited by heavymetals; 09-20-2018 at 03:56 PM.
#79
Tech Contributor
Member Since: Oct 1999
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What is the true difference between an exotic and a Corvette. Production volume. Design the Ferrari and its manufacturing line to support higher production volumes and the price comes down significantly. Spent two days this week instructing at the Ferrari Club International Convention. Saw a lot of expensive cars got to ride for 3 sessions in a very expensive 71 Daytona. A very rare car and worth a hell of a lot more money than a new Ferrari but it was still just a piece of crap 1971 car and about the same quality as a similarly well cared for 71 Corvette. The seats were terrible with little side support with the back reclined too far (just like C3 Corvette seats). The car didn't have power steering and the owner got pooped out after 25 minutes of muscling it around the track. However, it is worth about 35 times what the typical similarly cared for 71 Corvette is worth. His 360 Spyder was nicer (and had a manual shifter) but broke down after the first day for some reason or other. What I saw were sexy looking cars that looked great but were temperamental on track and some what of a maintenance nightmare. Very unlike the Corvette, Camaro, Mustang, BMW and Porsche worlds where you drive the cars hard over and over without major issues and in most cases not even minor issues.
Bill
Bill
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Boiler_81 (09-20-2018)
#80
Burning Brakes
Yeah I think it comes down to one of two options, with evidence pointing to option 1 but option 2 is still a possibility until GM makes an official announcement.
Option 1. The C8 is ME and ME only. There's a modest price bump for the base model (models with things like twin turbos and hybrid front wheel drive could of course be much higher in price) which lets most of the people that either bought or considered a C7 consider a C8 ME. At least from a price perspective.
Option 2. The C8 ME base price is significantly higher than the C7 base price. And by significant I mean most people in the C7 market space are priced out of the C8 ME. Under this option, the C7 FE continues for a bit and then a refreshed FE C8 or C7.5 is released for those people that either can't afford or don't like the C8 ME.
What I don't think is likely is option 3.
Option 3. The C8 is ME only and the base price starts at 40%+ more than the C7. GM tells most of the Corvette faithful that they basically stopped making Corvettes they can buy--shut up and go buy a Camaro.
I mean it's possible of course but I can't imagine it. Trying to expand the market segment? That's good business and something GM would be happy to see happen. Totally abandoning the primary market segment and hoping to attract a completely new set of potential buyers? Very risky and as I've said before auto manufacturers are notoriously risk adverse. The Corvette business and brand is worth many billions of dollars. It's easy for an internet armchair quarter back to say "Leave that all behind! Making Corvette as awesome as can be, even if that means most Corvette fans can't ever buy one!" When you actually hold the reigns to the reputation and value of the Corvette brand you are not going to do that.
Option 1. The C8 is ME and ME only. There's a modest price bump for the base model (models with things like twin turbos and hybrid front wheel drive could of course be much higher in price) which lets most of the people that either bought or considered a C7 consider a C8 ME. At least from a price perspective.
Option 2. The C8 ME base price is significantly higher than the C7 base price. And by significant I mean most people in the C7 market space are priced out of the C8 ME. Under this option, the C7 FE continues for a bit and then a refreshed FE C8 or C7.5 is released for those people that either can't afford or don't like the C8 ME.
What I don't think is likely is option 3.
Option 3. The C8 is ME only and the base price starts at 40%+ more than the C7. GM tells most of the Corvette faithful that they basically stopped making Corvettes they can buy--shut up and go buy a Camaro.
I mean it's possible of course but I can't imagine it. Trying to expand the market segment? That's good business and something GM would be happy to see happen. Totally abandoning the primary market segment and hoping to attract a completely new set of potential buyers? Very risky and as I've said before auto manufacturers are notoriously risk adverse. The Corvette business and brand is worth many billions of dollars. It's easy for an internet armchair quarter back to say "Leave that all behind! Making Corvette as awesome as can be, even if that means most Corvette fans can't ever buy one!" When you actually hold the reigns to the reputation and value of the Corvette brand you are not going to do that.
Just my speculations, but I think the two tiered pricing will allow most Vette buyers entry into ME, but the price for super performance will be much steeper. There will be no more deals like the one I got where I paid 12% off and less than $79k for a '19 M7 2LZ Z06. Which in my mind is an incredible value for a car that already bested the Ferrari 488 GTB and 911 GT3 RS (991) on tracks here and in Europe, and Mero drove to a 7:10 at the Ring. And even though I have done more track time than 90% of Vette owners, my aging skill sets are not close to fully utilize the abilities of my '19 Z06.
Times are changing, there is no "free lunch, and all that stuff. With the ME will come (IMHO) more changes than just the change from front mid engine to rear mid engine, more than manuals to DCT only, more than from supercharging to turbos....