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$169,900, final price confirmed

Old 01-12-2019, 01:12 AM
  #1781  
pietro c7
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Originally Posted by ViperFan1 View Post
**CONFIRMED**

Good job Zerv. Sorry to the guys who thought the rear mid engine halo car from Chevy was going to come in a hair under a Camaro Zl1 1LE..
The crow waits...
We shall see,I知 all in .
I dare GM to price the next Corrvette above 70000$
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Old 01-12-2019, 01:22 AM
  #1782  
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Originally Posted by pietro c7 View Post


The crow waits...
We shall see,I知 all in .
I dare GM to price the next Corrvette above 70000$

Just because Zerv02 may have had some details of the interior correct does not mean he knows anything about price or the release date. I'd be happy to be wrong and have the reveal next week but I'm just not buying it. I hope I'm wrong.
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Old 01-12-2019, 02:22 AM
  #1783  
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Originally Posted by ViperFan1 View Post
**CONFIRMED**

Good job Zerv. Sorry to the guys who thought the rear mid engine halo car from Chevy was going to come in a hair under a Camaro Zl1 1LE..
So a random picture of an interior appears today that looks something like Zerv's cartoon sketch, and all of a sudden he's right about everything.

I feel like I'm in a horror movie here, "WHAT'S HAPPENING?????!!!!!" Where is there any evidence Zerv is right about STARTING price?

Last edited by Foosh; 01-12-2019 at 02:29 AM.
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Old 01-12-2019, 03:39 AM
  #1784  
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I have been keeping away from all things C8; mostly because most likely I won't land one but to be clear, I think I am going to love the car.

For a different thread I have been researching auto financing trends and pricing trends for sports cars and two recurring themes seem to surface one of which relates to specifically to Corvette:

1. Customers are increasingly willing to go the "extra mile" in pricing to achieve they inner sense of luxury and luxury projection and the manufacturers have noticed. See summer 2019 Porsche 911 (992) pricing schedule: 911 2S & 4S (top dogs of the "lower tier" ranging from 130K to 193K!!! Again, to emphasize pricing trends versus content, the new 911 is simply yet another "evolutionary embellishment" on prior versions and yet they are betting on the top model of the lower bracket (430HP) to reach almost 200K!

2. Specific to Corvette. It's not a mystery, take a look at the annual distribution of cumulative C7 options/variants sold and wonder at the percentage of C7 sold in proximity of and above the 100K..

I am not saying/corroborating the C8 will start at 169,900 but trends in hand I am saying the "next corvette" line up may as well have a "model bracket" in the 170K..

Cheers

Last edited by Telepierre; 01-12-2019 at 03:40 AM.
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Old 01-12-2019, 03:56 AM
  #1785  
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I thought the most popular Corvette was the 1LT trim?
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Old 01-12-2019, 04:03 AM
  #1786  
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Originally Posted by Supermassive View Post
Also the Ford GT is hardly a fair comparison, the buyers are expecting a return on investment in dollars not fun. The one GT making its rounds at auction houses is hilarious because as soon as people can sell their own GT's the value of this car is going to tank. Ford is also diluting the residual value of this car by making even more of them.

To try to breach into the exotic car sales realm, GM has an impossible climb. To release an affordable mid engine sports car with the chops to mix it up with exotics would be a worldwide sensation. I can't believe that a company like GM would consider alienating its historical base for something that risky.
W-e-l-l-l-l, Corvette lover that I am, the new Ford GT, 2nd generation, is one awesome looking (And performing!) car. 216 MPH, 0-60 in 2.8 seconds, all from a 647 h.p., 3.5 litre, twin turbo Ford Ecoboost V-6.

A local ham friend bought one and it is beautiful, inside an out.

No, not changing sides, but unless the C8 ZORA's designers have made the driver's cockpit more comfortable for us tall folk, one isn't going to be parked in my garage anytime soon! (That 8 inches they took away from the drivers side, made the C7 a no-go for me.)

MC

Last edited by MCharlie; 01-12-2019 at 04:04 AM.
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Old 01-12-2019, 04:05 AM
  #1787  
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Originally Posted by Telepierre View Post
I have been keeping away from all things C8; mostly because most likely I won't land one but to be clear, I think I am going to love the car.
I am not saying/corroborating the C8 will start at 169,900 but trends in hand I am saying the "next corvette" line up may as well have a "model bracket" in the 170K..

Cheers
There is no question that there will be a super-premium version of the C8, just like there is a ZR1 version of the C7. There is also no question that a $169,000 Corvette will represent a very small part of the total Corvette market. In the case of the ZR1, about 1% of the total C7's sold. Most C7 sales have been for $70K or less - sometimes MUCH less. I would expect the same will be true for the C8. If you paid more than this, you got screwed.

BTW, there are some screaming bargains out there right now for prospective C7 buyers - 25% off MSRP. For a Stingray, that probably means less than $50K. The sports car market overall is shrinking and its a buyer's market for the foreseeable future. Any dealer or mfg. that overcharges for their product will not sell very many cars. If 911 prices go significantly higher for the 992 model, (as suggested), US 911 sales will fall below 7000 units a year.
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Old 01-12-2019, 04:56 AM
  #1788  
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A properly optioned C8 (Z51, etc) will sticker at $90k+ but I'm positive will eventually sell for $80k once GM starts throwing money on the hood as they always do.

A Caddy Escalade is a $90k+ vehicle. Curious why people think a Corvette should be any cheaper?
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Old 01-12-2019, 05:21 AM
  #1789  
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Originally Posted by WGGS View Post
I thought the most popular Corvette was the 1LT trim?
Please take a look: https://www.corvetteblogger.com/2018...te-model-year/
That means that 18.1% of ALL Corvette sales are the base model coupes with the base trim package.
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Old 01-12-2019, 05:34 AM
  #1790  
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Originally Posted by dcbingaman View Post
There is no question that there will be a super-premium version of the C8, just like there is a ZR1 version of the C7. There is also no question that a $169,000 Corvette will represent a very small part of the total Corvette market. In the case of the ZR1, about 1% of the total C7's sold. Most C7 sales have been for $70K or less - sometimes MUCH less. I would expect the same will be true for the C8. If you paid more than this, you got screwed.

BTW, there are some screaming bargains out there right now for prospective C7 buyers - 25% off MSRP. For a Stingray, that probably means less than $50K. The sports car market overall is shrinking and its a buyer's market for the foreseeable future. Any dealer or mfg. that overcharges for their product will not sell very many cars. If 911 prices go significantly higher for the 992 model, (as suggested), US 911 sales will fall below 7000 units a year.
I agree with the overall point. Raise the price = less sales. I think in the case I made for Porsche this is deliberate. I think they are trying to squeeze more margins out of lower volumes. Good luck...

For corvette the stats are out...(see post above): ZR1 = 8-ish% Z06 40-ish% so (again cumulative) the corvette upper "echelon" is growing rather dramatically...

Finally, I know it's easy to just post numbers...and I know a TON of people are visiting dealers with that wishful thinking of 25% off MSRP BUT IMHO it does not even closely relate to reality...

Last edited by Telepierre; 01-12-2019 at 05:36 AM.
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Old 01-12-2019, 05:43 AM
  #1791  
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Regarding price - please refer to the post I made over a month ago, and over 9 times before that, on the original "169k" thread.

FROM 12/10/2018
Quote:

So.... I went back and counted.

9

9 posts where I explained that there will be THREE variants and the confirmed $169k was most likely for the 2nd variant released shortly after the base model. I already stated 9 times that this price is most likely for the mid-tier GT, but even so, I still believe the base variant will have an entry of $105-115K. The keyword is believe. It's just my speculation that the base will cost low 6 figures ($105-115K) based upon the mid-tiers confirmed $169k price point and other factors. If the GT will cost $169K, what on earth will justify a $100k price hike (based on peoples hopes of the base costing $60-70k). The mid-tier variant will be released much quicker than the z06 was released post stingray reveal. Why? I don't know. Is there a possibility of two corvettes, FE & ME? Sure. Maybe? No? Who knows....

Base: $105-115K (MY SPECULATION)
Mid: $169k (CONFIRMED)
Halo: $250K + (MY SPECULATION)

Does the Base c8 feel like a car worthy of a $105-115k price point? I can tell you, yes, absolutely. Last edited by Zerv02; 12-10-2018 at 10:14 PM.
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Old 01-12-2019, 05:53 AM
  #1792  
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^^^^^^^^

I am very much inclined to come along ESPECIALLY if C8 means FE+ME!

Last edited by Telepierre; 01-12-2019 at 05:53 AM.
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Old 01-12-2019, 07:39 AM
  #1793  
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Originally Posted by Zerv02 View Post
Regarding price - please refer to the post I made over a month ago, and over 9 times before that, on the original "169k" thread.

FROM 12/10/2018
Quote:

So.... I went back and counted.

9

9 posts where I explained that there will be THREE variants and the confirmed $169k was most likely for the 2nd variant released shortly after the base model. I already stated 9 times that this price is most likely for the mid-tier GT, but even so, I still believe the base variant will have an entry of $105-115K. The keyword is believe. It's just my speculation that the base will cost low 6 figures ($105-115K) based upon the mid-tiers confirmed $169k price point and other factors. If the GT will cost $169K, what on earth will justify a $100k price hike (based on peoples hopes of the base costing $60-70k). The mid-tier variant will be released much quicker than the z06 was released post stingray reveal. Why? I don't know. Is there a possibility of two corvettes, FE & ME? Sure. Maybe? No? Who knows....

Base: $105-115K (MY SPECULATION)
Mid: $169k (CONFIRMED)
Halo: $250K + (MY SPECULATION)

Does the Base c8 feel like a car worthy of a $105-115k price point? I can tell you, yes, absolutely. Last edited by Zerv02; 12-10-2018 at 10:14 PM.
UNpossible.

That should go without saying, but raving delusional remarks from members who continually post speculative nonsense that flies in the face of all business reason make such sober corrections necessary on a regular basis.
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Old 01-12-2019, 07:54 AM
  #1794  
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Some of you guys are unbelievable. Zerv has been right about A LOT of stuff so far. The interior drawing was right on, yet of course loads of people are still calling BS on the price.

I know you dont want the price to be $169k, but come on. Why does everyone think it will be under $100k? No one has ever said that. Its just a bunch of wishing. Your only basis for the car being under $100k is the fact you want it to be under $100k. Theres no source for that. I know everyone thinks $100k would be too much and it would never sell, but those are baseless opinions from people who clearly have less knowledge on whats actually going on than Zerv apparently does. I think it makes more sense to believe what he is saying at this point.

I dont want it to be $169k either, but I believe it. The Corvette has always been sort of a value car. As far as dollar:horsepower goes, its always been one of the best. Its entirely possible that for $169k it actually winds up being a good deal compared to other vehicles of similar performance. Who knows. Would $169k still be unreasonable if it directly competed with the 720s, for example?

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Old 01-12-2019, 08:15 AM
  #1795  
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I paid 100k for a C6. If I like it I'll have one and if the starting point is 100 then it will be slightly more exclusive to own. I like that
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Old 01-12-2019, 08:31 AM
  #1796  
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I知 not going to say Zerv02 is wrong about the pricing, because I have no real knowledge of the C8 aside from what I read on the Forum, however I find it unusual that any automobile would DOUBLE in price from one model year to the next. If the MSRP of a base unoptioned 2019 C7 is $56K, and a base 2020 C8 is $105K, that痴 nearly double the price of admission. Has any other automobile ever doubled in price from one model year to the next? Again, I知 not disagreeing with Zerv02, I知 just finding the proposed pricing to be unusual and disappointing. Makes me think that many owners of the current C7 Coupe, Convertible and Grand Sport may decide to not make the jump to the C8 due to the price. (Probably less of a concern for current C7 Z06 and C7 ZR1 owners). Just my 2 cents!
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Old 01-12-2019, 08:41 AM
  #1797  
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if the $100k price is the starting number,,they better build a $50-60k C7 type car or chevy will only be selling trucks
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Old 01-12-2019, 09:33 AM
  #1798  
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The starting price will be in the upper 70’s. Speculation of over $100,000 is just rumors and not factual. I have a deposit with a well known dealer who has amazing connections with Chevrolet. I asked him, not for a quote, but a educated guess.
i trust him 100%. If people want to run around like the sky is falling they can.
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Old 01-12-2019, 10:13 AM
  #1799  
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I think that once you put pieces of the "puzzle" together a lot of folks seemingly in disagreement will turn out to be right to include Zerv and the nay-sayers. It all comes down to semantics and price bracketing.

To my count we now have 4 Senior ex-corvette guys saying the C8 will be slightly more expensive that the C7. I actually believe both them and to a certain extent Zerv.

The key is the semantic significance of C8. I am increasingly leaning towards C8 as 8th generation corvettes and therefore a portfolio of cars ranging from the 55K FE (C7 refresh) to the new ME.

2020 C8:

C8 FE Stingray + GS (refresh & rebranded): 60-80
C8 FE Mid (refresh Z06 rebranded): 85-105
C8 FE Top (refresh ZR1 rebranded): 120-160
C8 ME base: (85-105)
C8 ME mid: (115-145)
C8 ME top: (150-180)

Something along the above and it would not just be an ME "thing" but a substantial evolution of the way we look at content options.. meaning a lot more doodas for more money...

Time will tell...

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Old 01-12-2019, 11:57 AM
  #1800  
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Originally Posted by Telepierre View Post
I think that once you put pieces of the "puzzle" together a lot of folks seemingly in disagreement will turn out to be right to include Zerv and the nay-sayers. It all comes down to semantics and price bracketing.

To my count we now have 4 Senior ex-corvette guys saying the C8 will be slightly more expensive that the C7. I actually believe both them and to a certain extent Zerv.

The key is the semantic significance of C8. I am increasingly leaning towards C8 as 8th generation corvettes and therefore a portfolio of cars ranging from the 55K FE (C7 refresh) to the new ME.

2020 C8:

C8 FE Stingray + GS (refresh & rebranded): 60-80
C8 FE Mid (refresh Z06 rebranded): 85-105
C8 FE Top (refresh ZR1 rebranded): 120-160
C8 ME base: (85-105)
C8 ME mid: (115-145)
C8 ME top: (150-180)

Something along the above and it would not just be an ME "thing" but a substantial evolution of the way we look at content options.. meaning a lot more doodas for more money...

Time will tell...
The problem with breaking up the Corvette into two distinct platforms is that you incur twice the production costs while splitting the already established customer base. The market for high priced sports cars is not as huge as people want you to believe. The total sales worldwide of exotic brands over the last year is less than 100,000 cars...in the entire world. GM can sell 40k Corvettes in a year...out of the entire run of C7s, something like 3,000 were ZR1's...the numbers just don't make sense to jump into a hyper saturated market hoping to sell a few high priced cars in hopes that the price will somehow translate to a mindset shift of the entire automotive market that Corvettes are no longer a "performance bargain" and instead just another exotic in a sea of them. AMG, Aston Martin, Bentley, Dallara, Ferrari, Lamborghini, McLaren, and Porsche are just a few brands that already occupy space in this market...and Tesla will be joining that group as well. I can name just two current mid engine cars competing in a market unchallenged the Cayman/Boxster and Alfa 4c (getting discontinued) and they only get real competition from the Corvette when it comes to sales.

This brings me to the crux of the issue. GM is a corporation...corporations exist to make investors money...the Corvette is already one of the most profitable platforms GM makes. Why change that? Corvette will never be Ferrari, Lamborghini, or McLaren but as a money generating brand it doesn't need to. Someone floated that the C7 generation made $8 billion dollars of profit over its lifetime...I am not sure about this being factual or if its revenue and not profit...but if this number has any merit at all in either context, this one platform makes more money than any other exotic and its only competition as a profitable sports car is the Porsche 911. Clearly GM has a winner, a literal money printing car that sells enough every year that it makes no sense to alter it to compete in a saturated market just because.

Ultimately this is just my interpretation of GM's business, and who knows? They could jump the shark and do exactly as Zerv02 predicts, and literally blow my mind. It would be a decision that would destroy the Corvette brand for many, and it would have to somehow generate profit to remain feasible for GM to make. With GM axing all of their sedans because of profitability, I just don't see a drastic change in pricing because it would be the equivalent of taking the horse out to pasture to put it down...permanently. Then again GM could do that, and use the C8 as the last hurrah for the Corvette brand as GM moves to 100% utilitarian people movers.

Scary.
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