90% of all of these theories on here are crazy
#81
Hey I kinda see your point but GM as always been about a mass production, and they wanted to prove they could give you performance while saving some money. GM already competes with other supercars and personally the C7 ZR1 is already priced out of a lot of people. I put together a video of 5 cars that has proven track records for mid engine cars that can afford to cost 6 figures.
https://www.youtube.com/watch?v=4iBOzBgprXw
https://www.youtube.com/watch?v=4iBOzBgprXw
#82
Burning Brakes
I don't think interior trim level is the driving factor here. I think the break-point for a lot of folks is approximately $70K, and easily 50% of C7 sales were at or under that after discounts. GM is simply not going to risk 50% of the Corvette market.
It's not only a question of who can afford it. There are a lot of practical, well-off folks (like me), who will simply not pay more than that. I'm at the point where anything I buy is going to be a nearly daily, year-round driver, or not in my garage. I could write a check for a Ferrari, ZR1, or high-end Porsche, but I couldn't live with feeling like an idiot for doing so on a street car.
I think Warren Buffett still drives a Buick.
It's not only a question of who can afford it. There are a lot of practical, well-off folks (like me), who will simply not pay more than that. I'm at the point where anything I buy is going to be a nearly daily, year-round driver, or not in my garage. I could write a check for a Ferrari, ZR1, or high-end Porsche, but I couldn't live with feeling like an idiot for doing so on a street car.
I think Warren Buffett still drives a Buick.
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Foosh (11-14-2018)
#83
Burning Brakes
Another interesting thing that falcon5619's post shows is, that contrary to popular belief, Corvettes as a whole are NOT only driven by the 1LT/1LZ base package (i.e. CHEAP Corvettes for the guy who really can't afford a Corvette). Other than the Stingray, the 2LT/2LZ package was the most popular when taking ALL the Corvette bodies into account.
No doubt the 1LT Stingray is a good chunk of business, but to hear many on this very forum, it is a MAJORITY which it is clearly not. "Figures don't lie, but liars figure"
No doubt the 1LT Stingray is a good chunk of business, but to hear many on this very forum, it is a MAJORITY which it is clearly not. "Figures don't lie, but liars figure"
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Foosh (11-14-2018)
#85
1. Not ONE 911 customer gives 2 ***** about saving 20-30k. A good percent of Porsche 911 customers can easily go out and buy Ferrari 488s if they desired, but to many a Porsche is a Porsche.
2. Corvette has more compromised than just interior, but for decades that has been one of many glaring Corvette disappointments. Hell, I own a C5 I know first hand. The C7 is better, however I wouldn’t say it’s a nicer place to be than many other cars that even cost less or the same.
3. The Corvette value proposition is history, yes. History shows that if you stick to the same formula forever and don’t evolve you die. Look at Cadillac, look at Lincoln, and look at all of the failures made by car companies that didn’t want to embrace change. My thinking is also one that concludes that GM knows it needs to form a Corvette brand with several offerings to accomplish the goals their product can have. A 60k mid engine Corvette is like a modern day Fiero or MR2. Why in hell do you want a budget mid engine car??!!! If you need to stay in a lower budget then buy one used down the road but know you are getting the better product.
And to say a ME C8 Corvette is a modern day Fiero or MR2 has got to be one of the most absurd comments I've heard on this Forum!
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#86
Le Mans Master
OK, then enjoy your depressing turbo 2.0 four cylinder plug-in hybrid, because that's where things are headed.
Last edited by Michael A; 11-14-2018 at 08:52 PM.
#88
I'm good @ "$70K, out the door" after MSRP discount. H#ll, I'm good with $80K. However, I'm not good,, and balking with no manual transmission.
Last edited by Skid Row Joe; 11-15-2018 at 12:20 AM.
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ptran00 (04-14-2019)
#89
Race Director
Member Since: Nov 2017
Location: Prosper TX/Austin TX
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2020 C6 of the Year Winner - Modified
And to the question of what ZR1 buyer wants a car & interior based off a $60k base model, the quick answer is all the ZR1 buyers because, again, all the ZR1s are spoken for with additional buyers trying to find dealers with allocations. I would venture a pretty accurate guess that there isn't a potential Corvette buyer sitting out there saying to him/herself "You know I'd really love to buy a Corvette but only if it were about $100k more expensive.
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CorvettoBrando (11-15-2018)
#90
Race Director
Member Since: Nov 2017
Location: Prosper TX/Austin TX
Posts: 10,976
Received 8,896 Likes
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2020 C6 of the Year Winner - Modified
#91
Burning Brakes
Personally, I prefer the 1LT not because I can't afford the higher trim levels but because I love to modify my cars to my tastes. I don't like throwing $ out the window on a higher trim package that I am probably going to replace anyway, I save that $ for my mods. I also have all the creature comforts in my other cars & since the Vette is not my daily driver I simply don't need them in this car. I also rarely buy a car brand new, especially my performance cars because I've gone through 23 cars in 25 years of driving so it doesn't make much financial sense to take a big hit in depreciation on the brand new car if I'm going to unload it in a year or two. Now with my Grand Sport I knew exactly what I wanted and spent a couple years searching for it. This car won't ever be sold but will be joined by future vehicles of my choosing.
Last edited by falcon5619; 11-15-2018 at 06:50 AM.
#92
90% of all statistics are made up 50% of the time
90% of all Statistics are made up 50% of the time.
sorry people, hate to be that guy that pees on a bunch of people’s parades of dreams and fantasies but... some of you need to stop lol. 427s, 60k price tags, 170k sticker, will it have this, will it be hybrid awd... enough!
Here is the only debate.. 1. Will it actually be the “C8” or will it be part of GMs launch of Corvette as its own brand? 2. Who is it’s target competition?
1. If GM plans to target this car as the C8 then I personally think it will have way too many drawbacks and things that are compromises. The Corvette C7 should have gone more up market in its base trim. Unfortunately Corvette has to leave behind some of its old fan base and shoot a bit higher. Everyone complains about the interior or this or that and that is simply because GM continues to make a 60k base car that IMO ruins the bones of the product especially the higher models like ZR1 because it’s based on a 60k car. If GM is smart, they will make this a second model in the Corvette family at a higher price point and give it the budget it deserves and not worry about the lower end market share.. sorry guys. It has to be a GTR competitor and should cost 115-120k to be done right. It should also have the performance to demand the cost.
2. At 60k+.... it’s has no direct competition and if Boxter is it, well that is lame.
Look, it won’t have a 427... all you geezers hoping for a muscle- mid engine hold on to your existing Corvettes. This car is about moving forward not behind. I think a flat plane crank is more realistic and possibly a turbo variant down the road which would be the engine I’d get for mod ability. I finally want a Corvette that doesn’t be have to make excuses for things like poor interior or crappy panel gap etc. The every mans toy can be the Camaro, the Corvette finally needs to grow up.
Here is the only debate.. 1. Will it actually be the “C8” or will it be part of GMs launch of Corvette as its own brand? 2. Who is it’s target competition?
1. If GM plans to target this car as the C8 then I personally think it will have way too many drawbacks and things that are compromises. The Corvette C7 should have gone more up market in its base trim. Unfortunately Corvette has to leave behind some of its old fan base and shoot a bit higher. Everyone complains about the interior or this or that and that is simply because GM continues to make a 60k base car that IMO ruins the bones of the product especially the higher models like ZR1 because it’s based on a 60k car. If GM is smart, they will make this a second model in the Corvette family at a higher price point and give it the budget it deserves and not worry about the lower end market share.. sorry guys. It has to be a GTR competitor and should cost 115-120k to be done right. It should also have the performance to demand the cost.
2. At 60k+.... it’s has no direct competition and if Boxter is it, well that is lame.
Look, it won’t have a 427... all you geezers hoping for a muscle- mid engine hold on to your existing Corvettes. This car is about moving forward not behind. I think a flat plane crank is more realistic and possibly a turbo variant down the road which would be the engine I’d get for mod ability. I finally want a Corvette that doesn’t be have to make excuses for things like poor interior or crappy panel gap etc. The every mans toy can be the Camaro, the Corvette finally needs to grow up.
#93
Racer
The corvette is a mas produced car and not a limited exotic car factory.
If you think it is, take a tour of the factory.
Porsche sells 8,900 911's yearly (priced @ $94k and up) and I am using 911 for the 100K price comparison.
The corvette factory is capable of making 100-150 corvettes daily.
So using the lower number, it would take 90 days to produce 9000 C8 corvettes based on the 911 sales..
With a 5 day work week, 18 weeks and the production run would be finished.
If GM overprice their C8, they will have to shut the factory down for more then half the year and that will not make the UAW happy.
Lower sales price brings greater volumes and profit.
If you think it is, take a tour of the factory.
Porsche sells 8,900 911's yearly (priced @ $94k and up) and I am using 911 for the 100K price comparison.
The corvette factory is capable of making 100-150 corvettes daily.
So using the lower number, it would take 90 days to produce 9000 C8 corvettes based on the 911 sales..
With a 5 day work week, 18 weeks and the production run would be finished.
If GM overprice their C8, they will have to shut the factory down for more then half the year and that will not make the UAW happy.
Lower sales price brings greater volumes and profit.
Last edited by norge1956; 11-15-2018 at 04:41 PM.
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ptran00 (04-14-2019)
#94
Race Director
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#95
Le Mans Master
#96
Melting Slicks
https://www.statista.com/statistics/...upe-cabriolet/
#97
Le Mans Master
GM marketing team knows the feeding frenzy for info on the C8 is money in the bank. Hope it live's up to all the cazy hype......it could just as easily flop flop fizz fizz.
#98
Race Director
Here are the numbers 33820 2017 close and yes worldwide
https://www.statista.com/statistics/...upe-cabriolet/
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ojm (11-21-2018)
#100
Burning Brakes