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If I went to a small dealership today that normally gets about 8 allocations a year and put a deposit and was #7 on their list verses a large Corvette dealership and was #700 on their list who could I expect to deliver sooner?
I went with the smaller dealer. Ordered on 8/24/2020 at MSRP. Sitting at 3000 now. Granted I was #1 but he was only expecting 3 allocations total for 2021. All 3 of his 2020s were delivered by the end of August. The big guys are still delivering 2020s three months later.
The back of the big 3 dealer's lines are probably gonna be 2022 models a year from now. It really depends on how the small dealer's allocations are spread out as to when they can deliver. I would ask how many they got in the first three months. As I learned in this forum, wherever you go, get everything in writing.
The key is the relative position you are on the dealers list. Being number 7 out of 8 at the small dealership puts you at the 87.5 percentile. Being #700 out of 1200 put you at the 58.3 percentile. This is a case where lower is better.
The key is the relative position you are on the dealers list. Being number 7 out of 8 at the small dealership puts you at the 87.5 percentile. Being #700 out of 1200 put you at the 58.3 percentile. This is a case where lower is better.
I agree that metric should hold well for medium and large dealers assuming an equal distribution of the allocations across the model year. I don't have any data to support or dispute that assumption but it makes sense. I defer to those who have the data.
The math gets a little suspect for small numbers (less than one a month or so, maybe). I know I have a sample size of one only where the last guy for 2020 at my dealer (3 of 3) got his car 3-4 months before the 99th percentile group at the big dealers. Closer to the 67th percentile. Going with the big guys is probably the safest bet, but a well researched and placed chance could pay off earlier.
That dealer that got 3 2020 allocations was originally given probably about 6 or 7 allocations but they were cut back (like every other dealer). There are many things that could have resulted in this dealer getting 100% (of a very small number) by August - most notably if they were all coupes. HTC's didn't ever start production until August and then had a quality hold, so any dealer with HTCs on order got cars after August. You simply cannot make general statements based on a single very small dealer.
A very low position at a small dealer can work very well, but I certainly wouldn't want to be #6 out of 6 (or even 5 out of 6) when you can get a better position elsewhere.
I have a trade in so working with my local small dealership is going to be more beneficial to me I would think. I can't drive 5 1/2 hours to a larger dealer when the new C8 comes in only to find they want to give me peanuts for my car on trade in. They won't negotiate before the new C8 comes in and they see the car. If I don't get the 2021 I can leave the deposit and wait for the 2022. I will still have my 2019 GS to enjoy in the meantime.
I have a trade in so working with my local small dealership is going to be more beneficial to me I would think. I can't drive 5 1/2 hours to a larger dealer when the new C8 comes in only to find they want to give me peanuts for my car on trade in. They won't negotiate before the new C8 comes in and they see the car. If I don't get the 2021 I can leave the deposit and wait for the 2022. I will still have my 2019 GS to enjoy in the meantime.
between now and when your C-8 order comes in, Sell !!! your current car now, U might get more from a private party. That's what I did, don't have to worry about what the dealer will give you
between now and when your C-8 order comes in, Sell !!! your current car now, U might get more from a private party. That's what I did, don't have to worry about what the dealer will give you
Yes, that is what my plan is but I'm worried about taking forever to get my C8 which I don't mind as long as I have my C7 to keep me happy in the meantime. So it will be timing. How long did it take you to sell yours?
Yes, that is what my plan is but I'm worried about taking forever to get my C8 which I don't mind as long as I have my C7 to keep me happy in the meantime. So it will be timing. How long did it take you to sell yours?
It was a 2017 C-7 Stingray Convertible, 18,800 miles. I placed an order on 08/13/20 for a C-8 3LT HTC non-Z51, at the time the dealer offered $41,500 for the C-7. The plan was to wait until 2 months before the HTC arrived and try to sell then. In august I figured it would be June before the HTC gets to the dealer, but I listed it on eBay and sold in late August for 45K. Better now then maybe lose another 2K + - in depreciation later, and it's winter here ( northern Nevada ) and The C-7 is stored from November until April, no snow on my Corvette .
I went 2000 on 11/12 and 3000 on 11/17, if I'm lucky maybe Jan/Feb/Mar quarter it will be built.
Foregoing the smaller dealer in favor of one of the Big 3 dealers, which may be a couple thousand miles away, is a good theory. There are a number of proponents on the Forum who have dealt with these folks very satisfactorily. At the end of the day though, that would ignore the simple fact that 85-90% of all the Corvettes sold will be from the other smaller dealers. There are choices and good reasons for both. Certainly not a black and white choice.