Thoughts on price
#1
Thoughts on price
I read the news stories that GM was adding a second shift at BG. Seems to me that means that they expect to sell a lot of C8's. Don't think they will see that volume at 100K+, as some are saying. Seems to me that this projected volume is a good indication that the pricing won't be that much more than the C7, and GM is looking to make a reasonable profit on many cars rather than a huge profit on a few.
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Raid1 (04-28-2019)
Popular Reply
04-27-2019, 05:28 PM
169k base..
period.
The 50-60k stuff is nonsense. The first ME Vette' made by Chevy is not going to cost less than a 2009 ZR1 with low miles on it, a Jeep Trackhawk or the (c7) z06..
It's going to be made to compete with Lambo, McLaren, and Ferrari on the manhood size/wallet level..
Current Vette's already destroy the expected competition...
period.
The 50-60k stuff is nonsense. The first ME Vette' made by Chevy is not going to cost less than a 2009 ZR1 with low miles on it, a Jeep Trackhawk or the (c7) z06..
It's going to be made to compete with Lambo, McLaren, and Ferrari on the manhood size/wallet level..
Current Vette's already destroy the expected competition...
If the base STARTS at $169K, I'll not only apologize, I'll call you a true prophet, and simultaneously conclude that GM has lost its freaking mind. Unfortunately for you, neither will be happening.
#2
Race Director
The 2019 c7 ranges in price from 56 grand to 99 grand depending on options chosen.
the 2020 c8 should start at 62 grand and run up to 104 grand depending on options.
give or take a few grand or a larger range of options thats our best guess.
usually wjenever a new generation corvette releases consumer demand outstrips supply.
with a few other plants idled there are some workers who are available to take the opportunity to take a position at bowling green.
win win for both gm and its workforce...not to mention consumers able to get the prodict they desire in a more timely manner.
the 2020 c8 should start at 62 grand and run up to 104 grand depending on options.
give or take a few grand or a larger range of options thats our best guess.
usually wjenever a new generation corvette releases consumer demand outstrips supply.
with a few other plants idled there are some workers who are available to take the opportunity to take a position at bowling green.
win win for both gm and its workforce...not to mention consumers able to get the prodict they desire in a more timely manner.
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#3
If you look at 2-seat sports car sales in the US over the years, you won't find an example where anything over $100K sells more than 10K units annually. The market for any 2-seat sports car is limited, but the market for 6-figure, 2-seat sports cars is very small. For a recent example, the $130K+ C7 ZR1 only sold 2K units in its first year of production.
That should tell one all they need to know about where the C8 ME will start, which is in range of C7 base models.
That should tell one all they need to know about where the C8 ME will start, which is in range of C7 base models.
Last edited by Foosh; 04-27-2019 at 05:09 PM.
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SingleTrackMinded (04-27-2019)
#4
169k base..
period.
The 50-60k stuff is nonsense. The first ME Vette' made by Chevy is not going to cost less than a 2009 ZR1 with low miles on it, a Jeep Trackhawk or the (c7) z06..
It's going to be made to compete with Lambo, McLaren, and Ferrari on the manhood size/wallet level..
Current Vette's already destroy the expected competition...
period.
The 50-60k stuff is nonsense. The first ME Vette' made by Chevy is not going to cost less than a 2009 ZR1 with low miles on it, a Jeep Trackhawk or the (c7) z06..
It's going to be made to compete with Lambo, McLaren, and Ferrari on the manhood size/wallet level..
Current Vette's already destroy the expected competition...
#5
Troll alert.
#6
Below $70k bank on it.
Barra gave us confirmation of the price range! Announced overtime shifts based on all the preorders that have come in. Surely, all that have deposits in were not signing on for the $100k base model!
They know that, if it was above $100k they know a good deal of the preorders would evaporate and why would they staff overtime?
The clues are all there...connect the dots.
They know that, if it was above $100k they know a good deal of the preorders would evaporate and why would they staff overtime?
The clues are all there...connect the dots.
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JerriVette (04-27-2019)
#7
#8
169k base..
period.
The 50-60k stuff is nonsense. The first ME Vette' made by Chevy is not going to cost less than a 2009 ZR1 with low miles on it, a Jeep Trackhawk or the (c7) z06..
It's going to be made to compete with Lambo, McLaren, and Ferrari on the manhood size/wallet level..
Current Vette's already destroy the expected competition...
period.
The 50-60k stuff is nonsense. The first ME Vette' made by Chevy is not going to cost less than a 2009 ZR1 with low miles on it, a Jeep Trackhawk or the (c7) z06..
It's going to be made to compete with Lambo, McLaren, and Ferrari on the manhood size/wallet level..
Current Vette's already destroy the expected competition...
If the base STARTS at $169K, I'll not only apologize, I'll call you a true prophet, and simultaneously conclude that GM has lost its freaking mind. Unfortunately for you, neither will be happening.
Last edited by Foosh; 04-27-2019 at 05:47 PM.
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#9
The 2019 c7 ranges in price from 56 grand to 99 grand depending on options chosen.
the 2020 c8 should start at 62 grand and run up to 104 grand depending on options.
give or take a few grand or a larger range of options thats our best guess.
usually wjenever a new generation corvette releases consumer demand outstrips supply.
with a few other plants idled there are some workers who are available to take the opportunity to take a position at bowling green.
win win for both gm and its workforce...not to mention consumers able to get the prodict they desire in a more timely manner.
the 2020 c8 should start at 62 grand and run up to 104 grand depending on options.
give or take a few grand or a larger range of options thats our best guess.
usually wjenever a new generation corvette releases consumer demand outstrips supply.
with a few other plants idled there are some workers who are available to take the opportunity to take a position at bowling green.
win win for both gm and its workforce...not to mention consumers able to get the prodict they desire in a more timely manner.
Things change bro..
Last edited by ViperFan1; 04-27-2019 at 05:33 PM.
#10
Burning Brakes
169k base..
period.
The 50-60k stuff is nonsense. The first ME Vette' made by Chevy is not going to cost less than a 2009 ZR1 with low miles on it, a Jeep Trackhawk or the (c7) z06..
It's going to be made to compete with Lambo, McLaren, and Ferrari on the manhood size/wallet level..
Current Vette's already destroy the expected competition...
period.
The 50-60k stuff is nonsense. The first ME Vette' made by Chevy is not going to cost less than a 2009 ZR1 with low miles on it, a Jeep Trackhawk or the (c7) z06..
It's going to be made to compete with Lambo, McLaren, and Ferrari on the manhood size/wallet level..
Current Vette's already destroy the expected competition...
The Corvette has delivered supercar performance for many years at much lower cost than competitors and they sell them at much higher volumes as a result. Ferrari and Lambo buyers typically won't buy the C8 even if the C8 performs better because they want the status that comes with owning an exotic. The only reason someone would pay 3x+ for a similar performing sports car is to let everyone else know their status.
#11
Drifting
169k base..
period.
The 50-60k stuff is nonsense. The first ME Vette' made by Chevy is not going to cost less than a 2009 ZR1 with low miles on it, a Jeep Trackhawk or the (c7) z06..
It's going to be made to compete with Lambo, McLaren, and Ferrari on the manhood size/wallet level..
Current Vette's already destroy the expected competition...
period.
The 50-60k stuff is nonsense. The first ME Vette' made by Chevy is not going to cost less than a 2009 ZR1 with low miles on it, a Jeep Trackhawk or the (c7) z06..
It's going to be made to compete with Lambo, McLaren, and Ferrari on the manhood size/wallet level..
Current Vette's already destroy the expected competition...
The exotics have in on badge & FORD gamed the system limited number of cars, very high price & an "are you good enough to be allowed to buy one" marketing plan. They also had the tradition of the original Le Mans race cars going for them cementing with the 50 years later win..
Actually Corvette is not a destroyer in the market place. Ferrari or FORD GT might sell you a car it they like your resume while there are thousands of unsold StingRays on dealers lots with 2019 LT1 going for $48,500. .
Last edited by BEAR-AvHistory; 04-27-2019 at 06:19 PM.
#12
Burning Brakes
169k base..
period.
The 50-60k stuff is nonsense. The first ME Vette' made by Chevy is not going to cost less than a 2009 ZR1 with low miles on it, a Jeep Trackhawk or the (c7) z06..
It's going to be made to compete with Lambo, McLaren, and Ferrari on the manhood size/wallet level..
Current Vette's already destroy the expected competition...
period.
The 50-60k stuff is nonsense. The first ME Vette' made by Chevy is not going to cost less than a 2009 ZR1 with low miles on it, a Jeep Trackhawk or the (c7) z06..
It's going to be made to compete with Lambo, McLaren, and Ferrari on the manhood size/wallet level..
Current Vette's already destroy the expected competition...
#13
Le Mans Master
If you can afford a loaded out C7 GS, you will be able to afford a base/stripped C8. I have said this before.
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tooold2race (04-28-2019)
#14
169k base..
period.
The 50-60k stuff is nonsense. The first ME Vette' made by Chevy is not going to cost less than a 2009 ZR1 with low miles on it, a Jeep Trackhawk or the (c7) z06..
It's going to be made to compete with Lambo, McLaren, and Ferrari on the manhood size/wallet level..
Current Vette's already destroy the expected competition...
period.
The 50-60k stuff is nonsense. The first ME Vette' made by Chevy is not going to cost less than a 2009 ZR1 with low miles on it, a Jeep Trackhawk or the (c7) z06..
It's going to be made to compete with Lambo, McLaren, and Ferrari on the manhood size/wallet level..
Current Vette's already destroy the expected competition...
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p3pilot (04-27-2019)
#15
Drifting
#17
Melting Slicks
I'm still holding out for the price to be revealed for a base C8 to be $59,995 (Plus $1,000 destination lol.).
Realistically its probably going to be about $62k to start.
ViperFan1, all I can say is, you have a wild imagination, because not one thing that we actually do know at this point makes your guess even remotely possible. What do we know for certain?
-The 8th generation Corvette is mid engine. Not front engine.
-The Mid Engine Corvette we saw in New York when GM officially confirmed its existence is the 8th generation Corvette.
-Mary Barra (CEO of GM) officially announced that the Bowling Green plant was adding 400 jobs and a second shift to support the 8th generation Corvette production demands.
-There was zero mention of any other model being supported by this increase in manning and shifts.
-The C7 ZR1 which starts at ~$100k sells less than 3000 cars a year...Bowling Green with one shift and the current number of workers can output about 32,000 cars a year.
-Moving the engine from in front of the driver to behind the driver does not constitute a need for an increase in price.
-The Corvette has been a performance bargain from the very beginning.
I could go on, but the picture I wanted to paint is clear enough here. There is no way GM is pricing the new Corvette high enough to price it out of reach of almost all of the current owner base. That would be kinda like what Dodge did with the Gen V Viper, people couldn't justify the price of a Viper so it didn't sell when it launched...it also didn't help that the first year Gen V Viper got beat by the C6 ZR1 around Laguna Seca, but it is what it is.
Realistically its probably going to be about $62k to start.
ViperFan1, all I can say is, you have a wild imagination, because not one thing that we actually do know at this point makes your guess even remotely possible. What do we know for certain?
-The 8th generation Corvette is mid engine. Not front engine.
-The Mid Engine Corvette we saw in New York when GM officially confirmed its existence is the 8th generation Corvette.
-Mary Barra (CEO of GM) officially announced that the Bowling Green plant was adding 400 jobs and a second shift to support the 8th generation Corvette production demands.
-There was zero mention of any other model being supported by this increase in manning and shifts.
-The C7 ZR1 which starts at ~$100k sells less than 3000 cars a year...Bowling Green with one shift and the current number of workers can output about 32,000 cars a year.
-Moving the engine from in front of the driver to behind the driver does not constitute a need for an increase in price.
-The Corvette has been a performance bargain from the very beginning.
I could go on, but the picture I wanted to paint is clear enough here. There is no way GM is pricing the new Corvette high enough to price it out of reach of almost all of the current owner base. That would be kinda like what Dodge did with the Gen V Viper, people couldn't justify the price of a Viper so it didn't sell when it launched...it also didn't help that the first year Gen V Viper got beat by the C6 ZR1 around Laguna Seca, but it is what it is.
#18
Furman at Criswell also has big number.
Last edited by Foosh; 04-27-2019 at 06:46 PM.
#19
Burning Brakes
Nothing like scrounging up enough coin to get a bare bones base model car just so you can have one.
That's why the C8 will be just another car like everything else, nothing special about it.
Cracks me up.
That's why the C8 will be just another car like everything else, nothing special about it.
Cracks me up.
#20
Race Director
HIf i remember correctly one of the reasons the viper went out of prodiction and was a failure in the marketplace was its much elevated price from the previous generation.
the viper was a stunning vehicle in its last iteration. I think the pricing was wrong as was the unavailability of inventory.
thats a shame because if the viper were still in production viper enthusiasts and owners wouldnt have to travel to new forums to stir the pot ...
Ive driven the 510 hp viper and they are so well priced these days its hard to not suggest those that want 500 hp manual convertibles at an excellent price not consider one...
their owner base for the most part rarely drives them so they are like brand spanking new.
my friend just offered me his 7700 mile 2004 beautiful red viper for what amounts to close to half of what a c8 will cost...
he is tempted to go for the new c8 himself.
things change bro..
i suggested he keep his beautiful viper as its literally in better condition than when delivered...and unless he was planning on actually driving his sports cars more often...what would be the sense.l
welcome viper1 fan
the viper was a stunning vehicle in its last iteration. I think the pricing was wrong as was the unavailability of inventory.
thats a shame because if the viper were still in production viper enthusiasts and owners wouldnt have to travel to new forums to stir the pot ...
Ive driven the 510 hp viper and they are so well priced these days its hard to not suggest those that want 500 hp manual convertibles at an excellent price not consider one...
their owner base for the most part rarely drives them so they are like brand spanking new.
my friend just offered me his 7700 mile 2004 beautiful red viper for what amounts to close to half of what a c8 will cost...
he is tempted to go for the new c8 himself.
things change bro..
i suggested he keep his beautiful viper as its literally in better condition than when delivered...and unless he was planning on actually driving his sports cars more often...what would be the sense.l
welcome viper1 fan
Last edited by JerriVette; 04-27-2019 at 07:02 PM.