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I've been watching everything in the shadows and analyzing everything from descriptions to mileage. I've seen quite a few cars on E-bay with relative low miles being sold and in one instance the post describes that they are selling the 2LT because they replaced it with a 3LT. Now call me crazy but how many people placed multiple orders and then actually took them but what's the odds they received two or more cars before most even get there's? I'm wondering and it's very far fetched but could certain dealers be claiming customer cars and then turning to up-sale them to avoid getting ripped on for dealer mark ups? If these are third party private flippers doing this I ask, does it seem like they should have so many so fast. What's going with this whole process it just feels unnatural.
Please save the smart remarks as we are all adults, only looking to have conversations about what's possibly happening.
So a dealer brought from Kerbeck but now selling on E-bay and when I go to there website no listing of that Corvette. I wonder why they are going thru all those steps. Next question I have if anyone knows does the warranty travel considering it's now used on to a second owner although it's new. Seems weird that you have to be Corvette certified to actually get allocations and sell corvettes yet this allows a work around. Kinda defeats the purpose I would say.
I know a local Mitsubishi dealer owner that regularly gets his hands on hot cars like this by pulling favors from other dealership owners. He drives them a few hundred miles and sells for the mark up price. Did this with C7 on launch, is currently doing it with the C8, and did the same with hellcats and others.
I know a local Mitsubishi dealer owner that regularly gets his hands on hot cars like this by pulling favors from other dealership owners. He drives them a few hundred miles and sells for the mark up price. Did this with C7 on launch, is currently doing it with the C8, and did the same with hellcats and others.
Ok so this is a practice then. Only reason I ask is because I currently have a deposit and allocation for a 2021 where I'm at and did that back on 2/24/20. Well once the 2020s got pushed back I have heard from my dealer that 2020s pushed into 2021s but I'm still in my same spot. I've kinda looked at just buying one if I find it but worry about how the service and warranty gets affected.
eBay Motors is the wild wild west. I've sold three cars there so I have some benefit of 20/20 hindsight. A C1 I listed sold 3 times before I finally got paid. Persistence eh? Dozens of bogus requests for pictures, videos, bids made and retracted. One guy who clicked a Buy It Now told me he thought it gave him leverage to negoitate a lower price. I reported him to eBay and there response was well you know not much we can do. Great thanks so much. So when you see apparently crazy stuff on eBay happening, it is maybe just that. Crazy.
Mostly dealers involved in this kind of sale. Not many "private sellers" are buying new cars just to flip them but there are probably some out there that either have buyers remorse or are trying to make a buck off some fool.
Often, smaller dealers with a very small allocation have little demand for the car in their market. Some smaller dealers do not want to spend the time on the process and find it very easy to sell the car to a used car dealer they deal with often. These used car dealers may be in the wholesale business or a combination of wholesale/retail. They often buy dozens of other trade-ins from the dealer and will pay the dealer MSRP or more for the unit and feel they can find a home for it at a profit. Many of these guys committed when the car was announced and gambled upfront. The selling dealer gets all the money without paying commissions and other sales expense as well as not having to become involved with a consumer.
When the Corvette is sold to a non-Chevrolet dealer, the unit becomes a used vehicle and the warranty starts at that point. It will have the same new car warranty, minus the time and mileage from the delivery. The used car dealer does not have to pay tax on the purchase and the retail buyer will. Obviously as well, some of these units are ones sold to an original retail buyer who has paid tax on the sale. This can be a big number and cuts into the profit but the car is hot enough to make it possible.
Often, smaller dealers with a very small allocation have little demand for the car in their market. Some smaller dealers do not want to spend the time on the process and find it very easy to sell the car to a used car dealer they deal with often. These used car dealers may be in the wholesale business or a combination of wholesale/retail. They often buy dozens of other trade-ins from the dealer and will pay the dealer MSRP or more for the unit and feel they can find a home for it at a profit. Many of these guys committed when the car was announced and gambled upfront. The selling dealer gets all the money without paying commissions and other sales expense as well as not having to become involved with a consumer.
When the Corvette is sold to a non-Chevrolet dealer, the unit becomes a used vehicle and the warranty starts at that point. It will have the same new car warranty, minus the time and mileage from the delivery. The used car dealer does not have to pay tax on the purchase and the retail buyer will. Obviously as well, some of these units are ones sold to an original retail buyer who has paid tax on the sale. This can be a big number and cuts into the profit but the car is hot enough to make it possible.
BIG THANK YOU. it’s probably in my best interest and to protect myself just wait till next year and see if and when my order gets picked up.
Often, smaller dealers with a very small allocation have little demand for the car in their market. Some smaller dealers do not want to spend the time on the process and find it very easy to sell the car to a used car dealer they deal with often. These used car dealers may be in the wholesale business or a combination of wholesale/retail. They often buy dozens of other trade-ins from the dealer and will pay the dealer MSRP or more for the unit and feel they can find a home for it at a profit. Many of these guys committed when the car was announced and gambled upfront. The selling dealer gets all the money without paying commissions and other sales expense as well as not having to become involved with a consumer.
When the Corvette is sold to a non-Chevrolet dealer, the unit becomes a used vehicle and the warranty starts at that point. It will have the same new car warranty, minus the time and mileage from the delivery. The used car dealer does not have to pay tax on the purchase and the retail buyer will. Obviously as well, some of these units are ones sold to an original retail buyer who has paid tax on the sale. This can be a big number and cuts into the profit but the car is hot enough to make it possible.
E-Bay C8s
