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The base MSRP is maxed out, lol??? Where do you get that BS from?
Common sense.
GM will not maintain Corvette sales numbers if they raise the base MSRP.
The MSRP was already ridiculously, and unjustifiably, raised over the C7 generation.
I'm not at all concerned about buying a first year model. My 2014 C7 has been 100% trouble free. Only time it's had anything done is scheduled maintenance (fluid changes, filters, etc.). Automotive design/engineering/build has advanced tremendously. They spend millions of hours on computational analysis, structural analysis, engineering analysis and simulation. Manufacturing tolerances are much tighter. The old "never buy a first year model" is really out of date.
Not directed at you.. but with respect, out of one side of everyone's mouth it's "the C7 was a mild move forward - not much different than previous gens.. the C8 however is totally new and completely different than everything before it" etc etc... then on the other hand it's "the first year C8 should be fine"....
It doesn't take a genius to see that the C8 is going to go through growing pains unlike C5 C6 C7... probably pretty real ones. Especially their DCT (more programming than hardware but who really knows).
If I loved the C8.. which I do not... I would still never have bought it personally as I know I would despise it as each following year it got better and better as it is further developed.
Just watch the difference between 2020 and say 2024.. it will be night and day. And the 2020 will be beat up on resale because each year will be that much better. Way more so than the C7..
Just look at the C6 for example.. 05? Vs 08? Omg.
That's just my personal opinion and expectations given this is their first attempt.
But the make believe "got it alllll right" is laughable. And comparing a 14 C7 to the 2020 is comical to me.
From: Philadelphia PA (Birthplace of the USA, UNESCO World Heritage City)
Originally Posted by Phil1098
I will share my perspective. I sold new GM cars for over ten years and I have repeatedly seen what the General does. The reason I signed up wasn't to be the first, that was actually holding me back, what I saw was it's too much car for the $. They wanted a successful launch and once the car hits the streets and the orders flow, somebody at GM says people will pay more for this. I remember when we sold Saabs (under GM) the first all new 900 came out at $22,990. A new 900 Saab for $22,990? in just a few years the same car was $29,000. The biggest driving force for me was I didn't want to wait a couple years and the car maybe being $5-$10k more for the same car. Now some will say that massive discounts will be here in one or two years, I'm not willing to risk that. I was still selling new C5 Corvettes for MSRP almost three years after launch. As much as some have denied it, this car is really different and it will be bringing in new buyers that have never considered the car before.
Well maybe that's part of the reason why Saab failed. And how long ago was this? GM would be foolish to repeat old mistakes (the example you gave) and do a huge price leap without any major changes to the car.
Well maybe that's part of the reason why Saab failed. And how long ago was this? GM would be foolish to repeat old mistakes (the example you gave) and do a huge price leap without any major changes to the car.
It wasn't the next year, it was slowly fed into it over years. GM was the reason Saab failed, you're right about that. GM has always run the price up when they get a winner on their hands, it's in their DNA.
Then why do you constantly troll the C8 section?
I think the C7 is a complete failure, that's why you will never see me in that forum.
I love people like you, so blinded by a car that you have never even driven yet that you call the most successful Corvette generation ever produced a complete failure...
I would pay $70k-80k MSRP no problem if that was the starting price for a 2020. They could have even charged more with slightly similar results. Only difference would be I would consider slightly less options.
I love people like you, so blinded by a car that you have never even driven yet that you call the most successful Corvette generation ever produced a complete failure...
People like me, that owned multiple new C5 and C6 Corvettes, that has tested every C7 model, and demonstrated for myself exactly what it was:
a barely funded stop gap for the mid engine car.
Are we in agreement that the C8 is a revolutionary generation and that we both are ordering one?
Or are you just another troll?
Because demand is so high for model year 2020 and I expect the same high demand in 2021 I’m waiting until 2022 to get a C8. The other reason I want to wait is I still love my C7 and want to drive it for two more years by then I will be ready for the awesome C8.
People like me, that owned multiple new C5 and C6 Corvettes, that has tested every C7 model, and demonstrated for myself exactly what it was:
a barely funded stop gap for the mid engine car.
Are we in agreement that the C8 is a revolutionary generation and that we both are ordering one?
Or are you just another troll?
For a barely funded stop gap, it sure turned out to be one hell of a car. And no, I am not ordering a C8. My C5Z and C6Z will hold me over until the performance model C8’s arrive on scene.
Unless you want the base C8, there's no reason to buy one before the discounts off MSRP kick in at the end of year two or so. I've never bought a perfect new car. Close, but never perfect. I guess that's the difference between terminologies. Some, are claiming; "trouble free." What exactly does that mean? All my bought new cars were trouble free, but a long ways from perfect. I think it depends. a lot on when they're asked. Both my new Corvettes were trouble free, as were my new Mercedes Benz', but none were perfect. Would I expect all the new C8s to be trouble free AND perfect? Heavens no.
Common sense.
GM will not maintain Corvette sales numbers if they raise the base MSRP.
The MSRP was already ridiculously, and unjustifiably, raised over the C7 generation.
So they already "ridiculously" raised the MSRP and are still expecting huge sales yet now somehow they have hit the magic number where they absolutely cannot raise the price anymore? That is your common sense? A hike in MSRP is not only common sense, it follows every historical pattern (supply/demand and inflation) and is guaranteed to occur.
I think it would be very cool if other manufacturers did what Ferrari does. Any car built from January 1, 2020 to December 31, 2020, is a 2020 model. How simple is that? If a Ferrari is ordered on August 15, 2019, and is built on December 30, 2019, it is a 2019 model. If it is built on January 2, 2020, it is a 2020 model.
^ And if you want to go back to ancient history, 1997 was a very short model year too. When did the ‘98 come out?
I will do one better. If you look back between the C3 and the C4 they skipped the model year 2003 all together. So given this is a generational shift glad that we are still going to see the 2020 in 2020 and not push to 2021.
So they already "ridiculously" raised the MSRP and are still expecting huge sales yet now somehow they have hit the magic number where they absolutely cannot raise the price anymore? That is your common sense? A hike in MSRP is not only common sense, it follows every historical pattern (supply/demand and inflation) and is guaranteed to occur.
Yup. It's common sense.
The Corvette Program "works" because of the high volume of sales.
The $60k base MSRP needs to be held in order to keep that volume.
Let GM make the big profits in high dollar options and halo models, like Porsche does.
Or, are you going to argue the complete Dbag position that LESS people should be able to buy Corvettes, instead of more ???
Yup. It's common sense.
The Corvette Program "works" because of the high volume of sales.
The $60k base MSRP needs to be held in order to keep that volume.
Let GM make the big profits in high dollar options and halo models, like Porsche does.
Or, are you going to argue the complete Dbag position that LESS people should be able to buy Corvettes, instead of more ???
So now you've gone from the MSRP is maxed out to they "need" to keep it at 60k. Sounds like an opinion and not a fact, big difference. The facts are the price has and will always continue to go up. Such is the nature of economics.
I don't get why so many on here are talking about waiting until after the first model year to wait for GM to "get the bugs worked out". Makes no sense. I understand that Corvette, as well as GM reliability in general has been spotty at times. But you can quite clearly see GM has a TON riding on this car. They've been testing it for a very long time (I can't remember the publication, but around the time of the reveal it was reported that GM has about 1m miles racked up on it's C8 test fleet). And initial quality is vastly improved from prior gens. Just look at the paint, panels, interior materials and fit and finish, etc. The best ever on a Corvette. GM is clearly targeting European car buyers and younger people.
It just doesn't seem logical to miss out on owning a C8 for a year or more for an irrational fear. If stuff doesn't work out for some reason, there is always warranty, lemon law and lawyers
I don't really need another car that Is THE reason, but I am unlikely to buy one first year for this reason. It is not an irrational fear, problems, even minor issues are VERY time consuming. And, while I am not bagging on Corvette, if you have to make multiple trips to Chevy service drives, you know they can really complicate matters. Unfortunately that has happened to me more than once. I also had a recurring problem on a Porsche to be fair, however, the treatment I received there v. at the Chevy store was night and day. They took the problem seriously. On the Vette, had a prob with clutch at 12k and they immediately accused me of abusing the car only to find out the clutch was improperly installed at the factory and the entire assembly was replaced, I think maybe the 5th time it was looked at? I know they are complicated machines and I don't expect perfection, but you def have some exposure to problems in early production models, especially an all new product.
I'm not at all concerned about buying a first year model. My 2014 C7 has been 100% trouble free. Only time it's had anything done is scheduled maintenance (fluid changes, filters, etc.). Automotive design/engineering/build has advanced tremendously. They spend millions of hours on computational analysis, structural analysis, engineering analysis and simulation. Manufacturing tolerances are much tighter. The old "never buy a first year model" is really out of date.
2015 was the first model year for the Z06. There were improvements that were needed that were put in for 2016. First there was the front splitter that committed suicide when pulling up to a curb, the solution was to add two front cameras. Second was that the car was so tight that they added a rear hatch electric pull down. One could argue that these were in the works from the 2014, but it sure didn’t seem that way from the Z06 perspective.
I am sure they have computational fluid modeling programs for determining the amount of heat that the supercharger would produce and how much could be drawn away. Yet it seemed a complete surprise from the Z06 ownership when cars were overheating and the power was dialed back until the heat contained within limits. They must have run mules on the track and known this issue...didn’t they?
Never buy a first year model is still a very real risk. When the first C8 Z06 comes out with FPC, I will be there in line buying one just like I did with my 2015 C7 Z06. That doesn’t mean I won’t be looking myself in the mirror saying “they got you again!”