No "If," it will falter. Just a matter of when.

Historic high in the stock market, one of the longest bull markets in Stocks and Real Estate, guess what happens next?

If Hildabeast had been POTUS we would be in a recession already.

Trump just delayed it with Tax cuts, opened up Oil & Gas licenses, removed Gov't Regs killing business and No Green Deal ****.

But all markets have cycles, next one will be Global and maybe a disaster.

Good news = Cheaper C8s,

I might get that C8 Z06 for around a $100k after all.

 

Wrong.

It's because they can, pure and simple.

Years ago Ferrari and Lambo quality sucked, they still charged Premium prices.

They are status symbols for most people.

Rolex is not even in Top 10 of luxury watches, yet they command Premium pricing.

Dealers (ADs) are not allowed to sell below MSRP or they lose their License.

Scarcity, Limited Editions, Sense of Urgency (hype) etc... all add up to Rolex charging premium prices. Very smart marketers, better than Apple.

How much do you think a C8 would cost if Limited to 8,000 units, aka Ferrari?

There's your $160k price.

 

... and my Lexus has 10x the quality of Ferrari, better reliability, never breaks, runs on fumes, and can go 300k miles without an engine rebuild.

 

$44,000 New

https://kerbeck.com/corvettes/2019-c...t-new-g191768/

 

Obviously, I agree, but there are a few folks here who can't seem to figure that out.

 

Here ya go, $53,000 https://kerbeck.com/corvettes/2019-c...t-new-g191489/

 

As many have mentioned on here, the price will not be staggering, I can assure you. From someone that has had to study production, accounting, and overall business models, it would be financial suicide to make this car extremely expensive at the base level. If you think about it, the c6-c7 welding and technology gap with metals was a leap in strength, but cost effective. A mid engine car is no different. The c7 didnt even need a solid roof to make federal rigidity requirements. The mid engine will be easily welded in larger piece and far superior being caged in the back end. The lt2 evolution, I doubt will be that more expensive. Theyll push that tech to every other GM car and cost it out. When you step back from the drawing board you only have panel and computers. Computers like many have posted were the new evolution of gm's modern system. Theyll cost that down. It all trickles down. The panel expensive wont be bad because GM has sourced producers that made even the ZR1 cost effective back in the C6 days. If they go ***** to the wall with the C8 being the only corvette produced like report have indicated, target the car at an attractive 57-59k for base. Larger production means theyre going to churn these out faster than c7s in the starter years. Gm is bringing cost down by sheer production.

 

It's already been pegged at or under $70K, by insiders here. Production volume will be off the charts. Your "$100,000.00K+" is a fantasy.

 

Ugh, once again where were these links a month ago when I was car buying???

 

They may not have been there a month ago. Select in stock units can be bargained on. How do you think I got -20% off MSRP on a new C7 2017 in Nov. 2017? I bargained for it.

 

Isn't Kerbeck like the #1 Corvette Dealer?

 

To be fair I wasn't shopping mid $50s cars, but new Corvettes in the mid $40s I probably woulda given a thought or three to...

 

If I’m not mistaken the $56k base model Corvette is Chevrolet’s highest sell Corvette model and the $120k ZR1 is their lowest selling model by far. GM is not adding 400 hourly employees, a second shift and expanding the plant to build a small number of expensive cars. Every new generation has just been slightly more expensive than the last.

 

You are correct, sir. The ZR1 sold 2K units in the first 12 months of production. There is not a large market for over $100K Corvettes.

For the 2018 MY, which is the last year we have a breakdown of model sales for, the Stingray accounted for approximately 40% of sales followed by 30% for GS, and 30% for Z06.

 

Why are you on a Corvette Forum then? 10x the quality of parts and tech? Give me a break. Just because a guy named Lorenzo or Giovanni built it doesn't mean it came from Heaven.

 

good points. But 20 years ago I paid $42k for a top of the line C5. You’re right prices have gone up in 20 years. And I sure GM costs Gabe gone down.

Guess we should make the same conclusion on Mary’s recent comments?

 

That is incorrect. Kai Spade said that BG has the capability to produce 32,000 Corvettes at full utilization, not on one shift. I think most of us understood that to mean two shifts and the primary limitation is the capacity of the new paint shop, which requires significantly more time to paint a car.

 

I own a 2008 8.4l 600hp convertible..

i actually passed on a C7 and ordered the Viper from Nebraska.. for 63k.. a little more then a new Vette =)

 

I think you're right, that's what was said around the time the new plant opened. He also said they'd be slowing the line down a bit to focus more on QC. It was also convenient because C7 demand was dropping pretty fast. It's pure speculation, but manufacturers often find ways to speed things up when faced with more demand than supply.

That's a different scenario than you described with Dave Hill 20 years ago. Mary Barra wasn't forced into a situation where she needed to make excuses for why GM wasn't doing something.

 

So your "logic" is, GM, during a time when they're struggling, is going to abandon a car/price-point that has sold well in excess of 100,000 units in 6 years. After 67 years of making affordable sports cars, they're going to take the plant they just spent $439 million upgrading and build a halo car? I'm guessing you've never run a business?