$169,900, final price confirmed
#561
I think a 100k+ price is plausible. Look at this as direct competition to the Ford GT. Though the FGT is certainly more of a limited-edition type car; but GM is just following the trend. Everything is more expensive, and if wealthy folks can afford it, they will buy it. If GM sells 1/2 as many of the C8 mid engine, but make 3x the actual profit per car, the accountants will call it a win.
#562
Bob Lutz said around a 5K price increase from what he had heard, and that is what has been speculated by most in the industry. I think he knows what is going on more than any of us.
170K would kill the brand. (See Dodge Viper which was still cheaper!) At that price you buy a used exotic or go full out on a new one, not a Chevy.
BTW: the car's testing/development schedule over the last 3-4 years wreaks of a normal production vehicle, not super pricey car.
170K would kill the brand. (See Dodge Viper which was still cheaper!) At that price you buy a used exotic or go full out on a new one, not a Chevy.
BTW: the car's testing/development schedule over the last 3-4 years wreaks of a normal production vehicle, not super pricey car.
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Zaro Tundov (11-08-2018)
#563
Melting Slicks
Bob Lutz said around a 5K price increase from what he had heard, and that is what has been speculated by most in the industry. I think he knows what is going on more than any of us.
170K would kill the brand. (See Dodge Viper which was still cheaper!) At that price you buy a used exotic or go full out on a new one, not a Chevy.
BTW: the car's testing/development schedule over the last 3-4 years wreaks of a normal production vehicle, not super pricey car.
170K would kill the brand. (See Dodge Viper which was still cheaper!) At that price you buy a used exotic or go full out on a new one, not a Chevy.
BTW: the car's testing/development schedule over the last 3-4 years wreaks of a normal production vehicle, not super pricey car.
You responded to the wrong thread...this baby is about complete out of the box thinking,impossible Hail Mary passes and heck...we’ve even made the world flat again.
#564
Team Owner
Why doesn't GM just make it simple, cut the Stingray and Z06 and just sell the supercar beater ZR1, that would make a lot of sense now wouldn't it? But wait, maybe GM knows that just selling a 120k+ car just doesn't work no matter how good of a performance bargain it may be when compared to supercars so now you people are trying to say that 169k car for some reason makes even more sense.
Last edited by themonk; 11-07-2018 at 09:08 PM.
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drs (11-12-2018)
#565
Melting Slicks
Corvette needs to expand its clientele from North American senior citizens to Europeans, Chinese and Asians where the growth of the sports car market is centered. The Stingray can't be all things to all people, so Zora will be the flagship to conquer the world.
ZR1 has more motor than it can handle. Zora will be faster and handle better.
Last edited by PCMIII; 11-07-2018 at 09:12 PM.
#566
Le Mans Master
so you think they will be manufacturing and selling C7's along side a C8.....hmmmmm, interesting, it will be the first time in Corvette history that this has ever happened.
Why doesn't GM just make it simple, cut the Stingray and Z06 and just sell the supercar beater ZR1, that would make a lot of sense now wouldn't it? But wait, maybe GM knows that just selling a 120k+ car just doesn't work no matter how good of a performance bargain it may be when compared to supercars so now you people are trying to say that 169k car for some reason makes even more sense.
Why doesn't GM just make it simple, cut the Stingray and Z06 and just sell the supercar beater ZR1, that would make a lot of sense now wouldn't it? But wait, maybe GM knows that just selling a 120k+ car just doesn't work no matter how good of a performance bargain it may be when compared to supercars so now you people are trying to say that 169k car for some reason makes even more sense.
The only way they produce 2 different Corvettes is if the mid engine is a separate entity, as in it's the first gen of the mid engine, and the then produce the "C8" later in the traditional FE format. If they do this, then yes, the mid engine car could be the "attainable" answer to the Ford GT, or other exotics, and realistically could be priced at $170K, if that's the case. But I agree with others that if the mules we've seen are it, this won't be the case.
But the real truth here is that any of it is anyone's guess.
#567
I think a 100k+ price is plausible. Look at this as direct competition to the Ford GT. Though the FGT is certainly more of a limited-edition type car; but GM is just following the trend. Everything is more expensive, and if wealthy folks can afford it, they will buy it. If GM sells 1/2 as many of the C8 mid engine, but make 3x the actual profit per car, the accountants will call it a win.
#568
Confirmed? BS
corvette brand will not start at 150k ish… I'm concerned that the design for a base car will be sub par, but if it hits the mark in power and design, this multiple corvette owner from many C2's, some early C3's , 4,s and many C7's will be in at 150k for the right car! It will have to be incredible and rival many other cars including a GT3 911 a friend of mine just bought, and others I've owned, including GT Fords (05,06) Lambo , Turbo Porsche, 03 GT3, etc ….I have a 18 ZL1 ILE Camaro that is superb on the track and I paid 59k for it with 1500 miles...anyway lets see, but the car will have to be cutting edge at the a fair price to sell the volume they need to make up for 300k or so buyers annually. My humble car guy opinion,
#569
Race Director
people on forums talk such crap.
65 grand is not chump change. I dont care if you have six million bucks in assets and no debt....sixty five grand as a starting point for a sports car is a hefty chunk of change.
options and model line variations will go north of 140 grand and possbily stretch to 160 grand...
anybody who says sixty five grand base msrp is wallmart shopper pricing never worked for their money ...and is just trolling.
manufacturers never successfully abandon thier core customer base values with regards to pricing.
manufacturers definitely try and lead their customers in pricing but rarely more than five grand to start...
options and elevated variations yes...the sky is the limit...
but no manufacturer in their right mind abandons their core customer base ..
hard working americans ..people with core american values even many of us who can afford almost anything we want just dont see the balance of value in 160 thosand dollar automobiles.
even if the car blew its owner nightly most americans who could easily afford 169 thousand dollar cars are never going to spend that much on a car...
at the end of the day most corvette owners still see cars as something that takes us from point A to point B...
all kidding aside...five grand will be the price creep on the c8...although anything that is an option on the c7 that becomes standard on the c8 could allow for some extra base price creep upward..
ie...Z51 HD cooling and suspension, MRC, NPP etc..if they become standard features for the c8 then yes expect thise items to be integrated into the base msrp in addition to a five grand bump.
I believe April will be the pricing release..
gm can move the price up annually which i fully exoect them to do...much like gm did with the c4 model life cycle lineup...the annual price escalation of the c4 was dramatic (but inflation was rampant if i remember correctly during that period) will in my opinion be repeated in the c8. It could be a leading indicator.
but gm can never move the official msrp downward once the model releases...
its very hard for them to do outside of incentives...
most of the R and D was cast off with old GM before the c7 actually launched.
cadillacs funded a great portion of the c8 as well....
hell the c8 theoretically (sp) could launch at a lower price than the c7 but that ll never happen.
five grand more plus whatever c7 options become standard...as a starting point...
yes twin turbo 800 hp monsters will price up around 160 grand...loaded...but we will not see that as GM s basic core customer...
As great as the c8 we are seeing so far...anyone with Any automotive knowledge can tell the car running around the racetracks and the country is not a 160 thousand dollar vehicle...
if it had german plates on it...sure german car buyers are always getting ripped off...its their badge of honor...but for americans? No way Josay...
that model we are seeing lapping the “Ring” give or take a few grand thats close to stingray pricing without question...
you can tell from the tire size and stance...its a stingray replacement with ***** to the wall crazy hp versions coming later on...
gm s marketing plan flat out is profitable.,,
very few automotive executives mess with decades worth of a proven successful marketing and sales formula...
nobody would risk their career on altering that pattern of past success...
Last edited by JerriVette; 11-08-2018 at 06:25 AM.
#571
Race Director
#572
Race Director
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St. Jude Donor '16-'17,'22,'24
It's easy to throw out click bate numbers on the internet, but not so easy to sit at a board meeting and talk about changing a successful paradigm for glitz and glamour. Anyone who has participated in a successful board of directors meeting knows the focus of the conversation is all about the money and how the unit will add to the bottom line and continue to justify the boards salaries. The idea that the base Corvette in 2020 will begin anywhere near $100K, no, make that $90K is absurd. As I've said before, the ME may come in at a high price tag if and only if, the FE soldiers on to keep those who won't spend that high money on Corvette in the family.
#573
Corvette Enthusiast
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Let me tell it to you something. The C8 is going to set a very high standard in the industry. It will cost a whole lot less to produce than the C7. It will be lighter with a stiffer chassis. Expect A $60g to $170 G price range after 2 years of production at today's $s. By that time, the C8 will get boring, like Bob Lutz suggests in his interview with Autoline.
Enter the FE C9. It will use the same materials and construction methods and will be even cheaper than the C8 when they build them side by side.
How do I know? Well, I'm a chassis guy. I use mild steel only because it's cheap light and strong. I keep abreast of the latest chassis developments in production and race cars.I am building a Vette now which will be my last sports car. It looks a bit like Mitchell's 59 Stingray. Chassis is tuned for cruising for an old fart.
I don't have inside information, but I have become aware of GMs patent filings and SAE papers, cooperation with other car and component companies, engineers attending courses at the top engineering schools researching mostly materials science and modern manufacturing methods.
Enter the FE C9. It will use the same materials and construction methods and will be even cheaper than the C8 when they build them side by side.
How do I know? Well, I'm a chassis guy. I use mild steel only because it's cheap light and strong. I keep abreast of the latest chassis developments in production and race cars.I am building a Vette now which will be my last sports car. It looks a bit like Mitchell's 59 Stingray. Chassis is tuned for cruising for an old fart.
I don't have inside information, but I have become aware of GMs patent filings and SAE papers, cooperation with other car and component companies, engineers attending courses at the top engineering schools researching mostly materials science and modern manufacturing methods.
Last edited by LT1 Z51; 11-08-2018 at 09:48 AM. Reason: Can't type or...
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skank (11-08-2018)
#574
This whole thread is so asinine that it's gotten picked up by fringe automotive journalists. Sad.
I'm certain Chevy has studied Porsche sales numbers intensely. You want to see how many Porsche 911s were sold in 2017 in the United States?
8,970.
That's right. Wanna know how many Corvettes were sold in the United States?
25,079
Chevrolet sells more C7 Corvettes on a down year in a single quarter than Porsche sells 911s in a year. Wanna bet that GT3 and GT2 RSes, which would cost in line with the $170K price tag suggested here, sells in triple digit numbers?
You really sure that the $170K price tag is the STARTING point for a base C8? That the Bowling Green plant is expanded to build one car every 3 days?
Economy of scale simply dictates that the base C8 CAN NOT be made and sold for $170K. Simple logic would dictate that. Heck a base price anywhere near $80K would mean that they'd have to lay off 1/2 of the workforce and shutter the majority of the newly renovated plant, because Porsche is selling just shy of 9,000 units per year of the vaunted 911 ($91K to start), and 5,000 units per year of the much cheaper Boxster/Cayman ($56K to start).
I'm certain Chevy has studied Porsche sales numbers intensely. You want to see how many Porsche 911s were sold in 2017 in the United States?
8,970.
That's right. Wanna know how many Corvettes were sold in the United States?
25,079
Chevrolet sells more C7 Corvettes on a down year in a single quarter than Porsche sells 911s in a year. Wanna bet that GT3 and GT2 RSes, which would cost in line with the $170K price tag suggested here, sells in triple digit numbers?
You really sure that the $170K price tag is the STARTING point for a base C8? That the Bowling Green plant is expanded to build one car every 3 days?
Economy of scale simply dictates that the base C8 CAN NOT be made and sold for $170K. Simple logic would dictate that. Heck a base price anywhere near $80K would mean that they'd have to lay off 1/2 of the workforce and shutter the majority of the newly renovated plant, because Porsche is selling just shy of 9,000 units per year of the vaunted 911 ($91K to start), and 5,000 units per year of the much cheaper Boxster/Cayman ($56K to start).
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#575
Banned Scam/Spammer
Member Since: Sep 2016
Location: Philadelphia PA (Birthplace of the USA, UNESCO World Heritage City)
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Sorry, but you must be a serious Luddite if improving a car is "insulting" to you.
Last edited by ArmchairArchitect; 11-08-2018 at 10:46 AM.
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JerriVette (11-09-2018)
#576
This whole thread is so asinine that it's gotten picked up by fringe automotive journalists. Sad.
I'm certain Chevy has studied Porsche sales numbers intensely. You want to see how many Porsche 911s were sold in 2017 in the United States?
8,970.
That's right. Wanna know how many Corvettes were sold in the United States?
25,079
Chevrolet sells more C7 Corvettes on a down year in a single quarter than Porsche sells 911s in a year. Wanna bet that GT3 and GT2 RSes, which would cost in line with the $170K price tag suggested here, sells in triple digit numbers?
You really sure that the $170K price tag is the STARTING point for a base C8? That the Bowling Green plant is expanded to build one car every 3 days?
Economy of scale simply dictates that the base C8 CAN NOT be made and sold for $170K. Simple logic would dictate that. Heck a base price anywhere near $80K would mean that they'd have to lay off 1/2 of the workforce and shutter the majority of the newly renovated plant, because Porsche is selling just shy of 9,000 units per year of the vaunted 911 ($91K to start), and 5,000 units per year of the much cheaper Boxster/Cayman ($56K to start).
I'm certain Chevy has studied Porsche sales numbers intensely. You want to see how many Porsche 911s were sold in 2017 in the United States?
8,970.
That's right. Wanna know how many Corvettes were sold in the United States?
25,079
Chevrolet sells more C7 Corvettes on a down year in a single quarter than Porsche sells 911s in a year. Wanna bet that GT3 and GT2 RSes, which would cost in line with the $170K price tag suggested here, sells in triple digit numbers?
You really sure that the $170K price tag is the STARTING point for a base C8? That the Bowling Green plant is expanded to build one car every 3 days?
Economy of scale simply dictates that the base C8 CAN NOT be made and sold for $170K. Simple logic would dictate that. Heck a base price anywhere near $80K would mean that they'd have to lay off 1/2 of the workforce and shutter the majority of the newly renovated plant, because Porsche is selling just shy of 9,000 units per year of the vaunted 911 ($91K to start), and 5,000 units per year of the much cheaper Boxster/Cayman ($56K to start).
I think that would also be a fiscal disaster, and GM is not known as a risk-taker. The only thing that seems likely here is an ME in a wide-range of price brackets, a la 911.
Last edited by Foosh; 11-08-2018 at 10:58 AM.
#577
Melting Slicks
The Zora ME is not focused on just the U.S. market.
The whole point of building the Zora is to have a flagship car that GM can sell around the world to demonstrate its superiority on the track and road. If Zora sells 5,000 units at $160K, GM will be happy because Corvette will also be selling the Stingray in much higher volumes at lower price points. GM may also produce a Cadillac version of the Zora which will sell another 5,000 units around the world.
Apparently, this business plan is beyond the comprehension of most people here, but GM obviously sees the necessity of expanding the market for its cars to China and the rest of Asia.
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skank (11-08-2018)
#578
Corvette Enthusiast
Member Since: Oct 2005
Location: Troy & Dearborn, Michigan
Posts: 5,340
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Bad analogy...those examples are downgrades of the existing car. The ME chassis is an upgrade to the current Corvette and the Corvette name will remain. Just like when Corvettes starting having a transaxle-based chassis for better weight distribution and other major chassis redesigns from generation to generation(obviously ME being the most major).
Sorry, but you must be a serious Luddite if improving a car is "insulting" to you.
Sorry, but you must be a serious Luddite if improving a car is "insulting" to you.
The fact you missed this and called me a Luddite says more about you than it does about me.
#579
Team Owner
This whole thread is so asinine that it's gotten picked up by fringe automotive journalists. Sad.
I'm certain Chevy has studied Porsche sales numbers intensely. You want to see how many Porsche 911s were sold in 2017 in the United States?
8,970.
That's right. Wanna know how many Corvettes were sold in the United States?
25,079
Chevrolet sells more C7 Corvettes on a down year in a single quarter than Porsche sells 911s in a year. Wanna bet that GT3 and GT2 RSes, which would cost in line with the $170K price tag suggested here, sells in triple digit numbers?
You really sure that the $170K price tag is the STARTING point for a base C8? That the Bowling Green plant is expanded to build one car every 3 days?
Economy of scale simply dictates that the base C8 CAN NOT be made and sold for $170K. Simple logic would dictate that. Heck a base price anywhere near $80K would mean that they'd have to lay off 1/2 of the workforce and shutter the majority of the newly renovated plant, because Porsche is selling just shy of 9,000 units per year of the vaunted 911 ($91K to start), and 5,000 units per year of the much cheaper Boxster/Cayman ($56K to start).
I'm certain Chevy has studied Porsche sales numbers intensely. You want to see how many Porsche 911s were sold in 2017 in the United States?
8,970.
That's right. Wanna know how many Corvettes were sold in the United States?
25,079
Chevrolet sells more C7 Corvettes on a down year in a single quarter than Porsche sells 911s in a year. Wanna bet that GT3 and GT2 RSes, which would cost in line with the $170K price tag suggested here, sells in triple digit numbers?
You really sure that the $170K price tag is the STARTING point for a base C8? That the Bowling Green plant is expanded to build one car every 3 days?
Economy of scale simply dictates that the base C8 CAN NOT be made and sold for $170K. Simple logic would dictate that. Heck a base price anywhere near $80K would mean that they'd have to lay off 1/2 of the workforce and shutter the majority of the newly renovated plant, because Porsche is selling just shy of 9,000 units per year of the vaunted 911 ($91K to start), and 5,000 units per year of the much cheaper Boxster/Cayman ($56K to start).
You mention Porsche 911 sale in the USA, but Porsche is a worldwide seller of sports cars,
In the first 6 months of 2018, Porsche sold 21,400 911's worldwide(plus the Boxster and the Cayman models)
The Corvette has sold worldwide ~12,500 in the first 6 months of 2018(12,053 in the US and Canada)
Last edited by JoesC5; 11-08-2018 at 11:15 AM.
#580
Team Owner
What you call the C9 I've been calling the FE C8 or just C8, while calling this Mid-Engine the ZERV (or ME C8). This is why I said the C7 will run side by side for 2-3 years with the ME. This other car is coming, and it's the True Corvette successor. The Mid-Engine is a fun toy that Tadge wants to build because every Corvette Chief Engineer has wanted to build one since the beginning of time. To me replacing the current car with an ME is as insulting to the brand as replacing the Mustang with a Probe or the Camaro with a Beretta or Monte Carlo (as it was in 2002...)
Last edited by themonk; 11-08-2018 at 11:15 AM.