Do i have a contract?
E-Ray, 3LZ, ZER, LIFT
Joined: Sep 2007
Posts: 35,050
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From: NE South Carolina
The C8 order system is pretty simple. Dealers were given an approximate allocation based on prior ~2 years sales of C7s. I bought an early C7, same process. BUT dealers were buying cars for their stock a few months after delivery started- NOT like the C8 demand! It is a fair system. However it depends on the production rates. The strike pushed the numbers of 2020 models back.
A contract, no matter how well worded can't get you something that can't be made! However I believe the price quoted will be honored, BUT not sure.
Last edited by JerryU; Mar 9, 2020 at 06:23 AM.
Melting Slicks
Joined: Oct 2016
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Considering what others have said, the upside, IMO you'll get a C8 at the agreed price! This "call the dealer" sounds great BUT they don't know when or IF they will get that 7th allocation! They can guess with everyone else. The 2020's will end production in September. If they don't get the 7th for a 2020 I "think" you'll get a 2021 at the contracted price. That you can ask and they should have an answer!
The C8 order system is pretty simple. Dealers were given an approximate allocation based on prior ~2 years sales of C7s. I bought an early C7, same process. BUT dealers were buying cars for their stock a few months after delivery started- NOT like the C8 demand! It is a fair system. However it depends on the production rates. The strike pushed the numbers of 2020 models back.
A contract, no matter how well worded can't get you something that can't be made! However I believe the price quoted will be honored, BUT not sure.
The C8 order system is pretty simple. Dealers were given an approximate allocation based on prior ~2 years sales of C7s. I bought an early C7, same process. BUT dealers were buying cars for their stock a few months after delivery started- NOT like the C8 demand! It is a fair system. However it depends on the production rates. The strike pushed the numbers of 2020 models back.
A contract, no matter how well worded can't get you something that can't be made! However I believe the price quoted will be honored, BUT not sure.
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Unfortunately many people think their place in line is guaranteed by how early they put a deposit/order down. It is based on that Dealer's allocations and how the General allocates things. Some good info in the sticky above :
https://www.corvetteforum.com/forums...codes-etc.html
https://www.corvetteforum.com/forums...codes-etc.html
Last edited by DebRedZR1; Mar 9, 2020 at 09:16 AM.
Drifting
Joined: May 2018
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From: Houston Texas
In July I contacted Chevrolet.com about ordering a C8. They in turn contacted my local Chevrolet dealer. On Aug 2, 2019 I went to them and placed my deposit. My order was completed on August 16. I was number 7 our out of an allocation of 7. At this time I thought I had met all elements of a contract, (Agreement and consideration) Since then I have not been contacted by either the dealer of Chevrolet. The Corvette Concierge states my order has the dreaded 1100 code which it has had since August 2019. I have seen posts regarding dealers having to accept allocations, etc. My question is; Do I have a contract or not? Thanks.
What was signed with regard to your deposit? I would contact the dealer, as pointed out dealers will likely have allocations cut due to the strike, and possibly further due to Corona supply chain issues, which as every day passes becomes a higher risk. As previously mentioned, some may have fallen off the list. See where you are in line.
E-Ray, 3LZ, ZER, LIFT
Joined: Sep 2007
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From: NE South Carolina
Looks like my allocation will come in April!
Melting Slicks
Joined: Nov 2019
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Agreed. It would mean they would be eating the difference (unless there was some agreement on adjusting the holdback) and they’d be essentially selling 2021’s closer to invoice.
Melting Slicks
Joined: Nov 2019
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Granted, I was told by by my dealer when I placed the deposit it locked in the price with GM and therefor theirs with me. But they are independent business folks and even if they get the 2020 cost from GM they can do as they wish!
Looks like my allocation will come in April!
Looks like my allocation will come in April!
E-Ray, 3LZ, ZER, LIFT
Joined: Sep 2007
Posts: 35,050
Likes: 12,415
From: NE South Carolina
Don’ t care when car arrives that is what I pay. Granted when I had a refundable $1000 hold-a-spot deposit at MSRP, price could change.
I’m about mid way in dealers allocation so 99% chance I’ll get a 2020.
Last edited by JerryU; Mar 9, 2020 at 10:57 AM.
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Indeed. I will NEVER understand why folks come on an internet forum and ask rather than just picking up the phone and calling the dealer. That SHOULD be the FIRST thing they do....
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Melting Slicks
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Granted, I was told by by my dealer when I placed the deposit it locked in the price with GM and therefor theirs with me. But they are independent business folks and even if they get the 2020 cost from GM they can do as they wish!
Looks like my allocation will come in April!
Looks like my allocation will come in April!
(After reading Jerry's post again, what I said does not negate the fact the dealer can make any deal he wishes with the customer and sell at any price he wishes.)
Last edited by JALLEN4; Mar 9, 2020 at 12:19 PM.
Instructor
Joined: Jul 2005
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From: TX
I have been a lawyer and a judge for almost fifty years. As with most things in the law, the answer is maybe. The facts of each case are always unique and the law applicable to those fact varies from state to state. Additionally, there may be federal statutes applicable to your case. While I am sure that all of the folks here on the Forum are well meaning and sincere in offering you their opinions on your situation, they may not have the legal expertise necessary to provide you with a definitive answer to your question. I suggest that you find a lawyer with expertise in the area of contract law and provide him or her with all of your documents and recollections of conversations with the people at the dealership. This lawyer can then research the matter and provide you with an opinion of your legal position upon which you can rely.
Melting Slicks
Joined: Nov 2019
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One reason is because many dealers don't communicate with their buyers, even when queried. Again, most dealers aren't Kerbeck or MacMulkin. Thousands of C8 buyers out there relegated to mushroom status.
Melting Slicks
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Team Owner
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OP your dealer hasn't yet received an allocation from GM with which to match your order. Unfortunately you're getting a crash course in GM's order/allocation system. You may consider calling higher volume dealers.
I put my deposit down last May with my local Chevy store and another with Criswell in MD who is one of the top 3 just in case my local store couldn't take care of me. Local store is 42 out of top 50 in the country in Corvette sales so they got 75 allocations (before the cut, not sure what final figure was). Once I got to 3000 I cancelled my deposit with Criswell.
I put my deposit down last May with my local Chevy store and another with Criswell in MD who is one of the top 3 just in case my local store couldn't take care of me. Local store is 42 out of top 50 in the country in Corvette sales so they got 75 allocations (before the cut, not sure what final figure was). Once I got to 3000 I cancelled my deposit with Criswell.
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E-Ray, 3LZ, ZER, LIFT
Joined: Sep 2007
Posts: 35,050
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From: NE South Carolina
'll
Probably true. Kerbeck is taking orders now for 2021s. Probably their same deal as 2020, initially $1000 "refundable" at MSRP (whatever that is!) When they are "confident" they will have an allocation for an order (not when the allocation comes through later) they ask for a non refundable commitment posit when you get a contract with price! Can't blame them to get the folks putting refundable deposits with several dealers to "get off the pot."
For a 2021s, that would be well after the 2021 pricing was out. Mine will be a 2020!
I think there is a bit of miscommunication there. The placement of an order would generally give you price protection should GM subsequently raise the price on a 2020 and in fact offer price protection when they take that step. It would not normally extend to a new model year when a vehicle was not produced.
For a 2021s, that would be well after the 2021 pricing was out. Mine will be a 2020!
Last edited by JerryU; Mar 9, 2020 at 03:36 PM.
Thread Starter
Heel & Toe
Joined: Sep 2019
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Thank you. Your point is well taken. I don't think I want to get an attorney. I am frustrated mainly because I believed that ordering a car (as I had done before) was a simple procedure. Pay your deposit and wait. When I left my dealer I felt that we both had done all that was required to order the vehicle. However, I am finding that the C8 is a unique situation. My dealer assured me today that I will get my car by summer.
Team Owner
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Thank you. Your point is well taken. I don't think I want to get an attorney. I am frustrated mainly because I believed that ordering a car (as I had done before) was a simple procedure. Pay your deposit and wait. When I left my dealer I felt that we both had done all that was required to order the vehicle. However, I am finding that the C8 is a unique situation. My dealer assured me today that I will get my car by summer.
Melting Slicks
Joined: Sep 2013
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From: montreal quebec
Thank you. Your point is well taken. I don't think I want to get an attorney. I am frustrated mainly because I believed that ordering a car (as I had done before) was a simple procedure. Pay your deposit and wait. When I left my dealer I felt that we both had done all that was required to order the vehicle. However, I am finding that the C8 is a unique situation. My dealer assured me today that I will get my car by summer.
Summer is just around the corner....Considering that the first shipments have just began....A few months more is no big deal.
Good luck