C8 will sell like HOTCAKES at $60k base price
03-13-2019, 09:14 PM
#21
Drifting
03-13-2019, 10:35 PM
#22
Le Mans Master
I always laugh when I hear people complain of dealer mark-ups. If it is an issue where you live order your car from someplace else...its so trivial that the only people who should be paying mark-ups are those poor uninformed folks that actually believe the salespeople have their best interest at heart. The big Corvette dealers are already offering allocations at MSRP and having a car delivered to a local GM dealer is often free of charge...or hell order your car and get a museum delivery and drive it home!
Costs 1800 just to get one delivered 5 hours away.....
03-13-2019, 11:32 PM
#23
The more important question is will it make money for GM at $60K? They have a classic case of a Laffer Curve here. At a certain point an increase in price will result in a drop off of sales. That's a different point than when a drop off in sales will result in a decease in profits. I'm sure the bean counters have all sorts of equations to determine this, but they might not be in favor of the buyer.
Last edited by sly1; 03-13-2019 at 11:33 PM.
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jefnvk (03-19-2019)
03-14-2019, 12:13 AM
#24
Melting Slicks
The more important question is will it make money for GM at $60K? They have a classic case of a Laffer Curve here. At a certain point an increase in price will result in a drop off of sales. That's a different point than when a drop off in sales will result in a decease in profits. I'm sure the bean counters have all sorts of equations to determine this, but they might not be in favor of the buyer.
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03-14-2019, 09:39 AM
#26
Plenty of large dealers selling at MSRP. Do museum delivery or a dealer transfer.
03-14-2019, 10:15 AM
#27
Banned Scam/Spammer
03-14-2019, 12:48 PM
#29
Burning Brakes
I know you can see that my comment was in reply to someone else's use of the term, so I will let whatever definition stand that was intended by the person to whom I was replying.
Last edited by kozmic; 03-14-2019 at 12:49 PM.
03-14-2019, 01:01 PM
#30
Le Mans Master
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03-14-2019, 02:19 PM
#31
Burning Brakes
It seems that a lot of folks fall prey to comparison pricing of ME cars with very limited production or with exotic materials usage, assuming all ME cars must automatically be expensive to produce... this is simply not true at all.
With a healthy production run, and using similar build and/or interior materials to that of the C7, there is nothing more than perhaps the transaxle that should add any sort of "default" additional cost to produce the base model version.
03-14-2019, 03:14 PM
#32
And that is offset to some extent by elimination of the torque tube. If the same basic transaxle is suitable for all power levels of the various ME models with minor internal parts differences here and there, which is likely, the price per unit could be cut dramatically.
Last edited by Foosh; 03-14-2019 at 03:17 PM.
03-14-2019, 03:33 PM
#33
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03-14-2019, 03:35 PM
#34
The over under is around $65K +/-, according to one high volume Chevy salesman.
03-14-2019, 03:46 PM
#36
Safety Car
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Skid Row Joe (03-14-2019)
03-14-2019, 04:37 PM
#38
Not sure I would use the Laffer Curve in this analysis. It proved to be in fact Voodoo Economics. More importantly, there would be no benefit in selling the Corvette below costs so there is a floor. Obviously the snake oil salesmen still selling the Laffer Curve don't believe in a floor and still argue lower taxes will increase revenue.
(... the Laugher Curve...!... sheesh some people should actually read a book)
03-14-2019, 05:27 PM
#39
Do not confuse the concepts of "Cost", "Price" and "Demand"... there is absolutely NO statistical relationship between these. Period.
Research the Maine lobster industry, and DeBeers.
From 1960 through today, the annual demand for Corvettes is between 20-50K. The demand for Porsches is roughly about 10K and Ferraris about 1K-3K.
This has nothing to do with price... hundreds of thousands of people spend $60K for a pick-up.... Its about market segments, and this is pretty-much the market space for 2 seat sports cars regardless of price.
Its called "disposable" income. People who will rip your face off over 50 cents a pound on a shipment of bologna, will blow $15K in Vegas or buy a $100K speedboat.
Basically, if you can afford $65K on a useless toy, you can afford $80K on the same useless toy.
