Notices
C8 Stingray/General Discussion The place to discuss the next generation of Corvette including the Stingray.
Sponsored by:
Sponsored by: Wheel Design

Thinking about canceling...but when?

Thread Tools
 
Search this Thread
 
Old Nov 6, 2019 | 10:43 AM
  #1  
zr_kaizen's Avatar
zr_kaizen
Thread Starter
Racer
 
Joined: Nov 2017
Posts: 319
Likes: 180
2020 C8 of the Year Finalist - Unmodified
Default Thinking about canceling...but when?

I’m thinking about pulling back my deposit. Money isn’t an issue, but after looking at the pricing for the convertible I want, a car for nearly $100k is so much scratch. Feels like if I’m going to spend that much I should spend it on a higher performance model.

However...should I just put the order in with my dealer anyway? I could always pull back before signing, although that would be a dick move. I like my dealer and want to keep that relationship sound.

First world problems. What do ya’ll think?
Reply
Old Nov 6, 2019 | 10:48 AM
  #2  
Sin City's Avatar
Sin City
Le Mans Master
10 Year Member
 
Joined: Apr 2013
Posts: 6,671
Likes: 4,144
2020 C8 of the Year Finalist - Unmodified
Default

Buy the car, trade it in on the new one

Simple

Last edited by Sin City; Nov 6, 2019 at 10:49 AM.
Reply
Old Nov 6, 2019 | 10:52 AM
  #3  
punky's Avatar
punky
Banned Scam/Spammer
 
Joined: Mar 2005
Posts: 8,083
Likes: 3,869
From: Bonita Springs FL
Default

Originally Posted by zr_kaizen
I’m thinking about pulling back my deposit. Money isn’t an issue, but after looking at the pricing for the convertible I want, a car for nearly $100k is so much scratch. Feels like if I’m going to spend that much I should spend it on a higher performance model.

However...should I just put the order in with my dealer anyway? I could always pull back before signing, although that would be a dick move. I like my dealer and want to keep that relationship sound.

First world problems. What do ya’ll think?
I would suggest being straight with your dealer or any other business you deal with. Always best to take the high road in life. I understand your questioning the cost of a convertible vs one of the upcoming editions, Z06, GS etc. Tough call if you want to get into a C8 soon. Good luck.
Reply
Old Nov 6, 2019 | 10:56 AM
  #4  
C8Jake's Avatar
C8Jake
Race Director
 
Joined: Sep 2013
Posts: 10,118
Likes: 5,437
From: ►SICAMOUS◄
Default

Originally Posted by zr_kaizen
thinkin' about cancelling
tks for the heads up > see ya

Last edited by C8Jake; Nov 6, 2019 at 11:16 AM.
Reply
Old Nov 6, 2019 | 11:00 AM
  #5  
70RT440's Avatar
70RT440
Racer
 
Joined: May 2017
Posts: 371
Likes: 223
From: Charlotte, NC
Default

Pull your deposit, put it, and any other money you have saved up for a down payment into an interest bearing account of your choice. Keep adding money to it as if you were making a payment.

When the car you really want shows up, then pull your money out and pay as much as you can up front. No sense in paying interest on a depreciating asset.

Heck, if you're lucky, a lightly used model will become available and you can just pay for it outright and (maybe) have some money left over for mods down the road (or...you know...travel, education, retirement, etc).
Reply
Old Nov 6, 2019 | 11:01 AM
  #6  
thill444's Avatar
thill444
Le Mans Master
 
Joined: Jan 2017
Posts: 5,363
Likes: 4,108
From: New England
Default

Agreed, talk to the dealer. Based on spec they may be fine with you pulling out and they will likely just add an ADM and try to sell it off the lot.

Otherwise, I agree with you 100%. If your looking at $100K just wait for the Z06, buying now and selling later for a Z06 means you will be taking a $20K+ hit most likely.
Reply
Old Nov 6, 2019 | 11:13 AM
  #7  
Kent1999's Avatar
Kent1999
Le Mans Master
20 Year Member
Liked
Loved
Community Favorite
 
Joined: Aug 2000
Posts: 6,486
Likes: 1,659
From: Las Vegas NV
Default

I think your logic is sound. I don't think I'd want to spend $100k on a base model. Wait and get the one you really want.*

*Unless money is no object, then just buy and sell whenever and take the hit.
Reply
Old Nov 6, 2019 | 11:20 AM
  #8  
khoeysr's Avatar
khoeysr
Corvette fan
Supporting Member
10 Year Member
Liked
Loved
Community Favorite
 
Joined: Jul 2013
Posts: 1,414
Likes: 224
From: Auburn NY
Default

You should always get what you want. Just remember that if you buy a Stingray and trade it in for a Z06, you will lose money on the Stingray and probably pay sticker for the Z06. I have done just that so I speak from experience. I can afford it so I didn't really sweat it, but knew that financial advisors would not give me an A rating. Didn't care. Enjoyed the hell out of both of them. Now I own a 2019 Z06 that I am really happy with.

This time around I am not so excited about the 2020 Stingray. Definitely will wait to see what happens as more models appear.
Reply
Corvette Stories

The Best of Corvette for Corvette Enthusiasts

story-0

5 Best & 5 Most Overrated Corvette Track Packages of All Time!

 Joe Kucinski
story-1

Every 2027 Corvette Engine Explained

 Joe Kucinski
story-2

Designer Imagines A Corvette That Looks More Like a Corvette Than the Corvette

 Verdad Gallardo
story-3

10 Ugly Corvettes That We Still Kinda Love

 Joe Kucinski
story-4

Top 10 Most Expensive Corvettes Ever Sold on Bring A Trailer

 Brett Foote
story-5

10 Things Every Corvette Owner Needs (2026 Edition)

 Michael S. Palmer
story-6

8 Most "Only Corvette Owners Understand" Quirks and Problems

 Pouria Savadkouei
story-7

10 Reasons the C6 Z06 is Still A Performance Benchmark After 20 Years

 Joe Kucinski
story-8

How Much Horsepower Every Corvette Engine "LOST" in 1972

 Joe Kucinski
story-9

Top 10 DOs and DON'Ts for Protecting Your Convertible Top!

 Michael S. Palmer
Old Nov 6, 2019 | 11:24 AM
  #9  
jimmyb's Avatar
jimmyb
Race Director
 
Joined: Jan 2005
Posts: 13,934
Likes: 4,257
From: NC
Default

Originally Posted by thill444
Agreed, talk to the dealer. Based on spec they may be fine with you pulling out and they will likely just add an ADM and try to sell it off the lot.

Otherwise, I agree with you 100%. If your looking at $100K just wait for the Z06, buying now and selling later for a Z06 means you will be taking a $20K+ hit most likely.
The thing is: If the OP optioned up a convertible to nearly $100K, he clearly wants ALL the goodies. So, a Z06 optioned like that will probably be $150K....
Stripper Z06 or loaded to the gills base car?

Last edited by jimmyb; Nov 6, 2019 at 11:25 AM.
Reply
Old Nov 6, 2019 | 11:39 AM
  #10  
Kent1999's Avatar
Kent1999
Le Mans Master
20 Year Member
Liked
Loved
Community Favorite
 
Joined: Aug 2000
Posts: 6,486
Likes: 1,659
From: Las Vegas NV
Default

Originally Posted by jimmyb
The thing is: If the OP optioned up a convertible to nearly $100K, he clearly wants ALL the goodies. So, a Z06 optioned like that will probably be $150K....
Stripper Z06 or loaded to the gills base car?
True, but even a 'base' Z06 isn't going to be a 'stripper' in the normal usage of the word.

Speaking only for myself, I'd MUCH rather have a "base performance model" than a "loaded base model", no question.
Reply
Old Nov 6, 2019 | 11:55 AM
  #11  
FringbirdAloha's Avatar
FringbirdAloha
Burning Brakes
 
Joined: Sep 2018
Posts: 844
Likes: 729
From: Desert
Default

Originally Posted by zr_kaizen
I’m thinking about pulling back my deposit. Money isn’t an issue, but after looking at the pricing for the convertible I want, a car for nearly $100k is so much scratch. Feels like if I’m going to spend that much I should spend it on a higher performance model.

However...should I just put the order in with my dealer anyway? I could always pull back before signing, although that would be a dick move. I like my dealer and want to keep that relationship sound.

First world problems. What do ya’ll think?
If a 69k dollar C8 is optioning out for nearly 100k for you, a Z06 is probably going to cost you 125,000. If money is no object, I would wait. I don’t think the dealer will mind you wanting to spend more money at his establishment. I’m sure someone else will gladly take your allocation.
Reply
Old Nov 6, 2019 | 12:10 PM
  #12  
C8broughtmeback's Avatar
C8broughtmeback
Burning Brakes
All Eyes On Me
Liked
Loved
Top Answer: 1
 
Joined: Aug 2019
Posts: 1,227
Likes: 862
From: Philadelphia Suburbs
Default

Since when did 0-60 mph in 2.8 seconds not qualify for "performance?" Frankly, I always considered anything under 6 seconds pretty darn fast. I realize you all are not only referring to 0-60 times, but come on!
Reply
Old Nov 6, 2019 | 12:29 PM
  #13  
70RT440's Avatar
70RT440
Racer
 
Joined: May 2017
Posts: 371
Likes: 223
From: Charlotte, NC
Default

Originally Posted by C8broughtmeback
Since when did 0-60 mph in 2.8 seconds not qualify for "performance?" Frankly, I always considered anything under 6 seconds pretty darn fast. I realize you all are not only referring to 0-60 times, but come on!
It's all about bragging rights.

Back when musclecars ruled, horsepower (actually...torque) meant something because the most you could get out of a factory car was 425-460 for the Hemi and LS6 beasts. 12 second cars were considered stupid quick. There was plenty of room for upward mobility in those horsepower wars. When you couple that with the fact that handling was a non-issue, making your car hook up was the only concern if you were going to go above and beyond the factory numbers. Traction bars, pinion snubbers, slant 6 torsion bars (in the Mopars), etc. weight transfer was king.

Nowadays, horsepower has rapidly gone beyond the point of diminishing returns and is really now all about dick-measuring. The continued use of 0-60 as a metric should have become obsolete years ago, but we continue using it.

Take a Z06 and a Z51 back to back down the Tail of the Dragon (or any road course, really) and see how the times compare. My guess is that you will see minimal real-world returns for the additional cash outlay.



Reply
Old Nov 6, 2019 | 12:35 PM
  #14  
Kent1999's Avatar
Kent1999
Le Mans Master
20 Year Member
Liked
Loved
Community Favorite
 
Joined: Aug 2000
Posts: 6,486
Likes: 1,659
From: Las Vegas NV
Default

Originally Posted by C8broughtmeback
Since when did 0-60 mph in 2.8 seconds not qualify for "performance?" Frankly, I always considered anything under 6 seconds pretty darn fast. I realize you all are not only referring to 0-60 times, but come on!
We're talking about models within the Corvette family.

Shirley, you are not suggesting that there won't be significantly different performance levels between Stingray and Z06, just because they are both 'performance' cars?
Reply
Old Nov 6, 2019 | 12:35 PM
  #15  
thill444's Avatar
thill444
Le Mans Master
 
Joined: Jan 2017
Posts: 5,363
Likes: 4,108
From: New England
Default

Well.. It's much more than just straight line speed. Obviously more horsepower, better brakes, better handling, and wide body. The Z06 comes standard with magride, HUD, etc for the C7 and assuming it will be similar for C8 . Wide body, to me, looks really good on the C8.

Z06 will hold it's value better too. I see the OP's point but it comes down to waiting. Z06 is going to be 12-18 months away likely. For most people it could be 2 years.
Reply
Old Nov 6, 2019 | 12:44 PM
  #16  
Stardompromo's Avatar
Stardompromo
Racer
 
Joined: Aug 2019
Posts: 386
Likes: 212
Default

Everyone’s holding out for the higher performance model. Anyone got their stingray yet? Nope. Could be years before the other models come out!
Reply
Old Nov 6, 2019 | 12:47 PM
  #17  
lostsoul's Avatar
lostsoul
Banned Scam/Spammer
 
Joined: Apr 2016
Posts: 5,951
Likes: 952
From: Stockton, ca
Default

It's a rough choice. I just saw a 2016 yellow z06 in the next city with 23k miles for $56k. That's 17k I would save. But I don't know if I could live knowing a C8 would smoke me the first 60ft and then warranty issues, then heat soak then a8 issues. It looks bad a@@ though.. Ahhhhhh
Reply

Get notified of new replies

To Thinking about canceling...but when?

Old Nov 6, 2019 | 12:49 PM
  #18  
Snowwolfe's Avatar
Snowwolfe
Le Mans Master
20 Year Member
Veteran: Air Force
Liked
Community Favorite
 
Joined: Oct 2001
Posts: 8,517
Likes: 928
From: Alaska
Default

Originally Posted by 70RT440
It's all about bragging rights.

Back when musclecars ruled, horsepower (actually...torque) meant something because the most you could get out of a factory car was 425-460 for the Hemi and LS6 beasts. 12 second cars were considered stupid quick. There was plenty of room for upward mobility in those horsepower wars. When you couple that with the fact that handling was a non-issue, making your car hook up was the only concern if you were going to go above and beyond the factory numbers. Traction bars, pinion snubbers, slant 6 torsion bars (in the Mopars), etc. weight transfer was king.

Nowadays, horsepower has rapidly gone beyond the point of diminishing returns and is really now all about dick-measuring. The continued use of 0-60 as a metric should have become obsolete years ago, but we continue using it.

Take a Z06 and a Z51 back to back down the Tail of the Dragon (or any road course, really) and see how the times compare. My guess is that you will see minimal real-world returns for the additional cash outlay.
Good point. I have watched a few guys in their high end sports cars (including Corvettes) get their *** handed to them at the Dragon by a Miata.
On a twisty road with a run of the mill sports car and limited straights the drivers ability is usually way more important than the ride he/she is in.
Reply
Old Nov 6, 2019 | 12:59 PM
  #19  
vetteLT193's Avatar
vetteLT193
Melting Slicks
Supporting Lifetime
20 Year Member
Liked
Top Answer: 1
Top Answer: 3
 
Joined: Jul 2002
Posts: 2,223
Likes: 556
From: Tallahassee fl
Default

Options are worth pennies on the dollar in the resale market. Why not go base then get a higher performance model later?
Reply
Old Nov 6, 2019 | 01:14 PM
  #20  
C8Jake's Avatar
C8Jake
Race Director
 
Joined: Sep 2013
Posts: 10,118
Likes: 5,437
From: ►SICAMOUS◄
Default

Originally Posted by Stardompromo
Everyone’s holdin' out for the Z
sure they are
Reply



All times are GMT -4. The time now is 05:55 PM.

story-0
5 Best & 5 Most Overrated Corvette Track Packages of All Time!

Slideshow: The 5 best and 5 most overrated Corvette track packages ever.

By Joe Kucinski | 2026-06-09 12:46:45


VIEW MORE
story-1
Every 2027 Corvette Engine Explained

Slideshow: Every 2027 Corvette engine explained

By Joe Kucinski | 2026-06-09 12:16:31


VIEW MORE
story-2
Designer Imagines A Corvette That Looks More Like a Corvette Than the Corvette

Slideshow: A Jaguar designer's personal project imagines what a modern front-engined Corvette might look like if Chevrolet revisited the golden age of the Stingray.

By Verdad Gallardo | 2026-06-08 19:53:43


VIEW MORE
story-3
10 Ugly Corvettes That We Still Kinda Love

Slideshow: 10 ugly Corvettes that we still kinda love.

By Joe Kucinski | 2026-06-03 10:34:17


VIEW MORE
story-4
Top 10 Most Expensive Corvettes Ever Sold on Bring A Trailer

A lot of money has changed hands at the online auction house over the years.

By Brett Foote | 2026-06-03 10:21:50


VIEW MORE
story-5
10 Things Every Corvette Owner Needs (2026 Edition)

Slideshow: 10 great gifts Corvette enthusiasts actually want for Father's Day!

By Michael S. Palmer | 2026-06-03 15:43:40


VIEW MORE
story-6
8 Most "Only Corvette Owners Understand" Quirks and Problems

Slideshow: These are the quirks, annoyances, and oddly lovable problems that every Corvette owner eventually learns to live with.

By Pouria Savadkouei | 2026-05-28 09:31:39


VIEW MORE
story-7
10 Reasons the C6 Z06 is Still A Performance Benchmark After 20 Years

Slideshow: 10 reasons why the C6 Z06 is still a performance benchmark after 20 years.

By Joe Kucinski | 2026-05-27 17:20:09


VIEW MORE
story-8
How Much Horsepower Every Corvette Engine "LOST" in 1972

Slideshow: How much horsepower every Corvette engine lost in 1972.

By Joe Kucinski | 2026-05-27 16:54:53


VIEW MORE
story-9
Top 10 DOs and DON'Ts for Protecting Your Convertible Top!

Slideshow: How to Protect A Convertible Top: 10 DOs & DON'Ts

By Michael S. Palmer | 2026-04-03 00:00:00


VIEW MORE