I believe the sweet spot for acquiring a new C8 (for me) will be about six months after the first C8's hit the showroom floors. Here's why:

* Back when the C7 was introduced (SEP 2013), some dealerships sold new C7's at MSRP or above MSRP. Six months later (March 2014), things had cooled off at many dealerships and I was able to to purchase a new C7 with the Z51/3LT options for 10% off MSRP. (MSRP was $70K, selling price was $63K.)

* Not concerned with potential "first year issues". I've owned the first year C7 and the first year C6 and both were trouble free. This isn't GM's first foray into ME, as they already produced ME Fiero's. I'm sure GM has studied several ME's and they know how to best build them. Finally, I don't believe building a ME is as complicated as some are making it out to be.

* Being a New Englander, acquiring a C8 as soon as they come out (I'm guessing SEP 2019), means I drive it for a couple months, then storing it for the winter. Acquiring one in Spring 2020 means I get to drive it a good eight months before she gets put away.

This is my logic and I'm sticking with it! (Unless of course I'm totally wrong.)

 

I'm doing the same, plus I have 5k in gm many hopefully I can use 3k of it like i did on my 2015 Z

 

I'm in the wait and see category, I want the ME Corvette quite badly, but I am currently not quite in a position to buy one if it becomes available for the 2020 model year. I figure that I will be in the market sometime between the 2022/23 timeframe though and may pony up more for a hipo version this time. But honestly this is all contingent on pricing. If they out price me, I'll be looking at other alternatives, by then the 570S or 650S may be in the realm of reason as a used exotic.

 

I will definitely wait until there is an actual car available to buy one.

 

Absolutely that

 

Big Daves plan sounds pretty good to me. Might just follow the same plan and if Im wrong so what..

 

Disagree.

..Yes, you're "totally wrong" to wait. Order one. There's not going to be any discounts in "6 months." Don't worry about the weather. It is what it is for ALL of us. You're just stalling - all for no valid reason. ....




.

 

I ordered a '17 Z06 with a 12% discount from a forum dealer. I will probably do the same on a C8 which places me for a 2022 or 2023 C8.

My hang up is the DCT only. I do not care if the DCT is a few tenths faster for a 650 HP plus street car. I would prefer the manual for the fun factor.

If a manual is not offered I would consider a garage queen '19 ZR1 instead of the C8.

That would be a tough choice.

 

I was going to wait but today decided to move forward with a reserve listing. Id say 3 to six months after the first deliveries seems to be where Im at...

its refundable until you literally place the order with color choices and options and of course pricing.

normally it was suggested to wait for the second or third year for all the little potiential issues to be resolved but as long as its at msrp with no market adjustment...a z51 fe4 with over 500 hp will warrant msrp and should be a cool choice...

worst case scenerio residual value should remain high so if I dont like it...ill just trade it in and get something else.

 

No Manual? No purchase...…..I will give them a couple of years to come to their senses!

 

When a gently used, waxer owned Z51 falls under 50k lol

Truth be told, C8 is going to murder C7 Values.......I wouldn't mind a cheap Z51 / 2LT

 

Getting a C8 by September is wishful thinking. December probably.

 

[QUOTE=BIG Dave;1598248957Six months later (March 2014), things had cooled off at many dealerships and I was able to to purchase a new C7 with the Z51/3LT options for 10% off MSRP. (MSRP was $70K, selling price was $63K.)[/QUOTE]

I don't remember those kinds of discounts. Where did you get it for 10% off?

 

When I ordered my 2014 from a dealer who gave me an excellent trade in on my C6 and had promised he still had 4 allocations, I don't think he lied to me but back then they had Coupe and Convertible allocations and I think he didn't realize that but after a month waiting and not getting a "work bench sheet" people on this forum told me, "That car's not coming." So I cancelled the order and checked out some forum dealerships. I found a car exactly what I wanted at an out of state dealer. I e mailed them and the next day the sales manager called me and asked if I was still interested in that car. I said yes. He said, well it's been sold but he had ordered 2 more exactly like it the day before except they had Navigation . I told him, I really didn't want Nav so he said he'd throw that in and also after the car came in, and was prepped, ship it to my front door. So at the time many dealers were marking the cars up but I actually ended up at the time with about $1,100.00 savings. I ended up with the car at my house 4 1/2 weeks later. I still have it and it's the best Corvette I've ever owned. Just saying, when the C8 comes out they will be marked up but I would take a safe guess that most all of the Forum Sponsor dealers won't. Just my opinion of watching 3 previous Corvette generations were handled by these dealers.

 

Not having owned my C7 for a year yet I have decided to wait a bit longer and get one for 30 - 40% off or another FE or ME with slightly different badging.

 

I'm guessing the C7 manuals might hold their value better if automatic is the only option for C8's. Or if the 'old' guys don't like the DCT feel, they may keep their C7 autos, which means less C7's = more $$ for one. I hope the prices do come down though. I would like to get a cheap C7 in a couple years.

 

The C7 is going to continue to depreciate just like it always has and just like the C6 and C5 before it has and continue to do. I really don't think the C8 is going to radically change the depreciation curve one way or the other and even if it never comes with a manual transmission. Some seem to forget that the C7 is a high volume car and anyone that wants a manual version in the future will be able to find one readily available on the used market.

Long answer short. While I have no idea what you consider to be a cheap price for a C7 you can get a very good idea of the future used values of the cars by looking at the historical depreciation curve and pricing for the C6 today. I expect it to follow exactly the same trend with or without the existence of a C8.

 

Ahhemmm...

https://www.corvetteforum.com/forums...-36-999-a.html