Notices
C8 General Discussion The place to discuss the next generation of Corvette.
Sponsored by:
Sponsored by:

I wouldn't blink an eye at $100,000.00

Thread Tools
 
Search this Thread
 
Old 03-20-2019, 02:22 PM
  #61  
jefnvk
Melting Slicks
 
jefnvk's Avatar
 
Member Since: Nov 2018
Location: AA/Metro Detroit
Posts: 2,096
Received 1,022 Likes on 637 Posts
Default

Originally Posted by Tennis & Golf Nut
20% of ALL buyers will always upgrade to your Best, most expensive product.

Give me what I want. It can't be that hard to take my money!
So, lets see pics of your optioned out ZR1?

The problem is not giving people what they want, it is getting people to part from their money when you actually do give them what they want, and even moreso that enough do. Much easier to say you'll buy something than actually doing so, and car companies aren't dumb to this fact.

Last edited by jefnvk; 03-20-2019 at 02:24 PM.
jefnvk is offline  
The following users liked this post:
koreanbeefcake (03-21-2019)
Old 03-20-2019, 02:26 PM
  #62  
GmdVT
Burning Brakes
 
GmdVT's Avatar
 
Member Since: Apr 2009
Location: Alexandria, VA
Posts: 769
Received 673 Likes on 227 Posts

Default

2020, C8 comes out at $100k base price
2021, Why aren't more young people buying corvettes?????
GmdVT is offline  
Old 03-20-2019, 02:56 PM
  #63  
Tennis & Golf Nut
Race Director
Thread Starter
 
Tennis & Golf Nut's Avatar
 
Member Since: Apr 2014
Location: "Shitcago"
Posts: 13,026
Received 772 Likes on 314 Posts
Default

Originally Posted by ErrrrCar205
The whole point of Corvette, to my mind, is that the price doesn't sync with the competition. It's a performance car without a performance car price. All of these pricing conversations are nothing but smoke to begin with, but to say "the C8 will be priced at such-and-such because the competition charges this much" seems especially illogical to me. Also, one of the goals of C5 development was for the new car not to cost more than the C4 - who's to say they aren't setting the same goal with C8?

This is somewhat beside the point, and may not have been deliberate, but this makes it sound like Porsche was your favorite because they were the most expensive.
I hate paying more than MSRP. Just saying this Porsche dealer had Markups on the window and weren't shy of doing so.

I truly understand that Corvette has been"Best Bang for the Buck" for decades.

Think of Porsche vs Corvette = Reverse Sticker Shock

I think that may be changing.

ZL1 Camaros are going for $75,000.00: https://www.cargurus.com/Cars/new/se...ting=225168623

Why does it seem so hard to comprehend a ME C8 that looks 10x better is only $25k more?

Or you can buy a C7 Z06 for $112,000.00: https://www.cargurus.com/Cars/new/se...ting=219222181

I'll take a 2020 ME C8, 2LT for $100,000.00 Alex.
Tennis & Golf Nut is offline  
Old 03-20-2019, 03:15 PM
  #64  
Tennis & Golf Nut
Race Director
Thread Starter
 
Tennis & Golf Nut's Avatar
 
Member Since: Apr 2014
Location: "Shitcago"
Posts: 13,026
Received 772 Likes on 314 Posts
Default

Originally Posted by jefnvk
So, lets see pics of your optioned out ZR1?

The problem is not giving people what they want, it is getting people to part from their money when you actually do give them what they want, and even moreso that enough do.

Much easier to say you'll buy something than actually doing so, and car companies aren't dumb to this fact.
Marketing Expert here, my Wheelhouse.

Stay in your lane!

I'm sure if you take a look at Vette sales that 20% +/- upgrade to a Grand Sport.

Then another 20% +/- Upgrade to a Z06. That's called an Ascension ladder, Price elasticity or Premium pricing. Take your pick.

Read this, you might learn something today:

https://hbr.org/2015/08/a-refresher-on-price-elasticity

https://smallbusiness.chron.com/prem...tegy-1107.html

Last edited by Tennis & Golf Nut; 03-20-2019 at 03:18 PM.
Tennis & Golf Nut is offline  
Old 03-20-2019, 03:19 PM
  #65  
Ryan R
Intermediate
 
Ryan R's Avatar
 
Member Since: May 2018
Location: Toronto
Posts: 47
Received 13 Likes on 12 Posts
Default

Wow! People get so edgy about this stuff. I’m leaning towards around 80k with some options but it could be less or more. I wonder if people get so uptight about this because they want it to be affordable for themselves and anyone saying they’d pay 100k scares them. We will (hopefully) find out soon. A V8 mid engine for 100k or less is going to be awesome.
Ryan R is offline  
Old 03-20-2019, 03:22 PM
  #66  
Tennis & Golf Nut
Race Director
Thread Starter
 
Tennis & Golf Nut's Avatar
 
Member Since: Apr 2014
Location: "Shitcago"
Posts: 13,026
Received 772 Likes on 314 Posts
Default

Originally Posted by Ryan R
Wow! People get so edgy about this stuff. I’m leaning towards around 80k with some options but it could be less or more.

I wonder if people get so uptight about this because they want it to be affordable for themselves and anyone saying they’d pay 100k scares them. We will (hopefully) find out soon. A V8 mid engine for 100k or less is going to be awesome.
They're all Butthurt cause they can't afford it.

Fine with me, it will make my C8 more unique like a Viper.

Better pickup a C7 while you can.
Tennis & Golf Nut is offline  
Old 03-20-2019, 03:50 PM
  #67  
C7pimp
Drifting
 
C7pimp's Avatar
 
Member Since: Jul 2013
Posts: 1,747
Received 768 Likes on 245 Posts
Default

Originally Posted by Tennis & Golf Nut
Marketing Expert here, my Wheelhouse.

Stay in your lane!

I'm sure if you take a look at Vette sales that 20% +/- upgrade to a Grand Sport.

Then another 20% +/- Upgrade to a Z06. That's called an Ascension ladder, Price elasticity or Premium pricing. Take your pick.

Read this, you might learn something today:

https://hbr.org/2015/08/a-refresher-on-price-elasticity

https://smallbusiness.chron.com/prem...tegy-1107.html
Thank God we have another self-proclaimed infallible expert touting his credentials here!!
C7pimp is offline  
The following 3 users liked this post by C7pimp:
ErrrrCar205 (03-21-2019), MagRedConv (03-20-2019), Tennis & Golf Nut (03-20-2019)
Old 03-20-2019, 04:03 PM
  #68  
Redc8z06
Melting Slicks

 
Redc8z06's Avatar
 
Member Since: Jan 2002
Posts: 2,911
Received 1,566 Likes on 860 Posts

Default

A lot of folks thought the C7 was going to cost a lot more than the C6, surprise surprise.

Now picture this the day that GM stands on stage and with great fan fare unveils the new C8 ME to a room full of reporters and enthusiasts where we hear gasps and clapping and camera's going off only to hear GM say next and we priced the new C8 at only $100,000!!

Then hear the dead silence..........
Redc8z06 is offline  
Old 03-20-2019, 04:07 PM
  #69  
Tennis & Golf Nut
Race Director
Thread Starter
 
Tennis & Golf Nut's Avatar
 
Member Since: Apr 2014
Location: "Shitcago"
Posts: 13,026
Received 772 Likes on 314 Posts
Default

Originally Posted by C7pimp
Thank God we have another self-proclaimed infallible expert touting his credentials here!!
Consider yourself Blessed.
Tennis & Golf Nut is offline  
Old 03-20-2019, 04:16 PM
  #70  
C7pimp
Drifting
 
C7pimp's Avatar
 
Member Since: Jul 2013
Posts: 1,747
Received 768 Likes on 245 Posts
Default

Originally Posted by Tennis & Golf Nut
Consider yourself Blessed.
C7pimp is offline  
Old 03-20-2019, 04:30 PM
  #71  
punky
Banned Scam/Spammer
 
punky's Avatar
 
Member Since: Mar 2005
Location: Bonita Springs FL
Posts: 8,084
Received 3,862 Likes on 1,912 Posts

Default

Originally Posted by ojm
Electric on fast cars, road to a fiery death. Tesla death a few days ago in BC.
Oh, at first I thought that was a 911 GT3 spontaneously combusting, they did that for a while even with all that fantastic German engineering.
punky is offline  
Old 03-20-2019, 04:34 PM
  #72  
Foosh
Team Owner
 
Foosh's Avatar
 
Member Since: Oct 2004
Posts: 25,434
Received 16,667 Likes on 8,311 Posts

Default

Originally Posted by Tennis & Golf Nut
This "someone" went car shopping and was floored at how much exotics cost.

Anything I would actually buy (Porsche 911S) was $140k+, many of the cars were $200k+ and a few $300k.

Then I came here and people talking **** about a Mid Engine C8 Corvette that should easily have the same straight-line performance or better for $60k just blows my mind.
Why? The $55K base C7 does 0-60 in 3.7 sec., and the $100K 911 Carrera manages it in 4.2 w/ the PDK.

Last edited by Foosh; 03-20-2019 at 04:36 PM.
Foosh is offline  
The following 2 users liked this post by Foosh:
jefnvk (03-20-2019), lostsoul (03-21-2019)
Old 03-20-2019, 04:40 PM
  #73  
C7pimp
Drifting
 
C7pimp's Avatar
 
Member Since: Jul 2013
Posts: 1,747
Received 768 Likes on 245 Posts
Default

Originally Posted by Foosh
Why? The $55K base C7 does 0-60 in 3.7 sec., and the $100K 911 Carrera manages it in 4.2 w/ the PDK.
Why?

Because he's not as smart as he think she is.

I can run down to the Ford Dealership right now and buy a base Mustang GT with a FRPP 2.6L Supercharger option, fully warrantied by Ford for 3 yrs/36K miles and walk out the door with a 700HP car that runs 0-60 in 2.8 seconds and pulls 10's all day long for $41K +tax.


Or, lets match closer to the 4.2 second 0-60 of the Porsche. A base mustang GT or Camaro SS with the A10 transmission for ~$35K and will run a 4.0 second 0-60.


The base C8 will be in the 3.2 - 3.4 second range.

Last edited by C7pimp; 03-20-2019 at 04:45 PM.
C7pimp is offline  
The following users liked this post:
jefnvk (03-20-2019)
Old 03-20-2019, 04:41 PM
  #74  
Foosh
Team Owner
 
Foosh's Avatar
 
Member Since: Oct 2004
Posts: 25,434
Received 16,667 Likes on 8,311 Posts

Default

Yep. You can step up the Carrera S for $140K and get 3.3, or you can step up to the Z06, which can be had for about $80K these days, and get 2.95. He did say straight line performance, which seems to be something he's interested in.

Last edited by Foosh; 03-20-2019 at 04:50 PM.
Foosh is offline  
The following 2 users liked this post by Foosh:
C7pimp (03-20-2019), jefnvk (03-20-2019)
Old 03-20-2019, 05:09 PM
  #75  
ByByBMW
Le Mans Master

Support Corvetteforum!
 
ByByBMW's Avatar
 
Member Since: Dec 2004
Location: AZ
Posts: 5,754
Received 536 Likes on 279 Posts
St. Jude Donor '06-'08-'10-'11-'12-'13 '14-'15-'16-'17-'18-'19


Default

Originally Posted by Foosh
Why? The $55K base C7 does 0-60 in 3.7 sec., and the $100K 911 Carrera manages it in 4.2 w/ the PDK.
Uh, 3.4 seconds according to these folks.
2017 Base Carrera --- https://www.caranddriver.com/reviews...a-test-review/
2017 Base Carrera --- https://www.zeroto60times.com/vehicl...-60-mph-times/
ByByBMW is offline  
The following users liked this post:
ChumpVette (03-21-2019)
Old 03-20-2019, 05:17 PM
  #76  
Foosh
Team Owner
 
Foosh's Avatar
 
Member Since: Oct 2004
Posts: 25,434
Received 16,667 Likes on 8,311 Posts

Default

Fair enough, I found 4.2 quoted in another test. However, the point is the various Corvette models have for many years delivered about equal or better performance for about half the price of the various Porsche 911 models. Thus, I don't know why anyone would find it shocking that trend will likely continue with the C8.

Last edited by Foosh; 03-20-2019 at 05:23 PM.
Foosh is offline  
The following users liked this post:
ByByBMW (03-20-2019)
Old 03-20-2019, 05:17 PM
  #77  
jefnvk
Melting Slicks
 
jefnvk's Avatar
 
Member Since: Nov 2018
Location: AA/Metro Detroit
Posts: 2,096
Received 1,022 Likes on 637 Posts
Default

Originally Posted by Tennis & Golf Nut
Marketing Expert here, my Wheelhouse.

Stay in your lane!

I'm sure if you take a look at Vette sales that 20% +/- upgrade to a Grand Sport.

Then another 20% +/- Upgrade to a Z06. That's called an Ascension ladder, Price elasticity or Premium pricing. Take your pick.

Read this, you might learn something today:

https://hbr.org/2015/08/a-refresher-on-price-elasticity

https://smallbusiness.chron.com/prem...tegy-1107.html
You mean, the GS that stickers starting at $65k, $10k more than a base Stingray, not $100k? A $65k that is still within grasp of most people, not $100k which is nearly 50% more? Did you know that only 28% of people upgraded the Z06 in 2018, which is still priced starting at $20k below your perfectly acceptable $100k? https://www.corvsport.com/2018-corve...nd-statistics/ Of course, that was a whirlwind from the 22% they sold in 2017: https://www.corvettemuseum.org/2017-...orvette-stats/ Your premium pricing is losing about 3/4 of Corvette buyers right off the bat. Surely your marketing would tell you that isn't a great long term strategy.

Not to mention, your links aren't talking about getting more value for your increase in price, rather pricing it where you can maximize profits without pricing yourself out. You know, kinda like the Porsche and dealer inflation examples you claim to dislike...

Last edited by jefnvk; 03-20-2019 at 05:17 PM.
jefnvk is offline  
The following users liked this post:
Foosh (03-20-2019)

Get notified of new replies

To I wouldn't blink an eye at $100,000.00

Old 03-20-2019, 05:43 PM
  #78  
Randy Miller
Advanced
 
Randy Miller's Avatar
 
Member Since: Oct 2018
Location: Newberg, OR
Posts: 74
Received 43 Likes on 27 Posts
Default

Originally Posted by Tennis & Golf Nut
This "someone" went car shopping and was floored at how much exotics cost.

Anything I would actually buy (Porsche 911S) was $140k+, many of the cars were $200k+ and a few $300k.

Then I came here and people talking **** about a Mid Engine C8 Corvette that should easily have the same straight-line performance or better for $60k just blows my mind.
That's the whole point of the Corvette, to have the performance of the exotics at a much lower price. We expect it because that is how the Corvette is now, and we don't see why that would have to change.
Randy Miller is offline  
Old 03-20-2019, 06:32 PM
  #79  
TorchRedRocket
Race Director
 
TorchRedRocket's Avatar
 
Member Since: May 2010
Location: Winfield IN
Posts: 15,972
Likes: 0
Received 13 Likes on 10 Posts

Default

TGN, are you buying the C8 before or after you buy the Denali you've been talking about for 3 yrs?
TorchRedRocket is offline  
Old 03-20-2019, 06:41 PM
  #80  
Telepierre
Safety Car
Support Corvetteforum!
 
Telepierre's Avatar
 
Member Since: Oct 2009
Posts: 4,938
Received 2,166 Likes on 1,253 Posts

Default

Car and Driver says PORSCHE has new 0-60 technology and it's game over for the C8.


Telepierre is offline  
The following users liked this post:
lostsoul (03-21-2019)


Quick Reply: I wouldn't blink an eye at $100,000.00



All times are GMT -4. The time now is 07:15 PM.