One local dealership received 3 2021s last week. One of them is listed as available. I don't know if a customer declined delivery or what has happened, however if the cars are now becoming available without an extended wait, the happy days of selling over MSEP will soon end.

(Reeder Chevrolet, Knoxville Tn, black)

 

Their wanting $25K over list

 

Not sure that is an indicator of increasing availability. The only time they become available at dealerships is if the customer declines, as they are all sold orders (not dealer inventory). Eventually it will settle down but not any time soon.

 

True dealers will get the occasional cancel car but we are at least a year away from seeing any real inventory.

 

Someone else I know says a 2LT is arriving new in their local dealership and the dealer is "asking" 17K over MSRP. Will they get it? They will get something.

Dealers order their own cars from their own allocation in addition to customer orders. I wouldn't put much stock on this being a sign of weakness in the market. Too many now are being told the earliest cars they can get a 2022 MY. For a lot of people not used to it, that's way too long to wait.

 

OP, care to place bets ? Sounds more like you're just frustrated for the wait !

Read any news site you want..... car prices are through the roof just like housing, all due to more demand than supply.

I'll wager you won't see a discounted C8 earlier than 2022.

 

No, things aren't "changing rapidly soon." This same thread has been repeated over and over for the past 12+ months. Nothing has changed over that time and it is not changing now. Someday, yes it will change, but not this year.

 

It's not only Corvettes. Tahoes and Silverados are getting thin on inventory. We're buying every Tahoe from any dealer that will let us for full MSRP because inventory is completely depleted. I definitely see this trend going on into next year.

 

 

They have the car listed just shy of $110,000. 2 Lt back coupe.

 

Doesn't that tell you something about your claim?

 

Notreally, the availability simply shows it's one of the first ones actually offered to the public. Many more willl follow, the timing is certainly in question, but it is an indicator of upcoming trends.

 

It only matters to the flippers. I look forward to the days of buying under MSRP again though.

 

Happy days will continue for those selling at or over MSRP!!!!!!

 

You're missing the point. This is not the first thread making this claim. This is not "one of the first ones actually offered to the public". There have been quite a few offered to the public at way over MSRP - just like this one. There is no indicator here.

 

I agree with OP. I have seen signs that the market is starting to soften. It is only a matter of time as they continue to crank out more C8's. Assuming that there is not another shut down or parts shortage, the inventory is going to eventually meet demand. I saw a FB post yesterday on a C8 group page that someone found a new 2021 on the lot and paid $5k over MSRP. I personally think it great that the cars are selling over MSRP as whoever is lucky enough to get a new C8 at MSRP has instant equity and high resell/trade in value. Only time will tell.

 

I called 300+ dealers and I can tell you the stats on what I found. 5-10 cars for 20K+ over and some were 2020 trade ins or auction cars. 2-5 for 10k over and I found 1 for 5k over that the dealer kept a deposit on from someone that ordered it. A vast majority of dealers didn’t even wanna offer to put me on a list because theirs was so long. The major dealerships are at least a good 6 months out to deliver a car. The biggest issue you are about to see is raw material price increases.

 

Yeah, right. Anything's available NOW... for the right price.

 

Just because one dealer may have an available car (probably someone declined to take it), it does not mean C8s are readily available for purchase. I'm with the others, don't expect to see a number C8s showing up in dealer inventory for purchase by anyone for at least a year or more.

 

Getting money over msrp is over rated. The car is so cool to drive Id never sell for “money over msrp”

if I needed an extra 10 or 20 grand that bad I wouldnt have bought the car.

hopefully in the near future supply will catch up with demand.

remember we had the UAW strike, then the covid shutdown , now the taiwanese computer chip shortage supposedly due to automakers seeing such a massive downturn in sales they cut production targets and now since the vaccines came out last december ...sales have skyrocketed due to pent up demand that was halted due to the CCP bioweapon sent around the world.

As production if semi conductors from Taiwan starts to re enter the auto sector c8 production should increase or could increase to 40k units a year...or something like that.

950 a week with a double shift could bring as many as close to 50k a year.

i do believe the intricate casting of the bedford plates was and still could be a bottleneck for production. No supplier wanted that job as it was supposedly so difficult so GM took on the prodiction of that part of the c8 chassis and it has been a source of the shortage.

im not sure if the bedford plate shortage has been resolved.

it should be noted that even during covid shutdowns the bedford Indiana or Ill. Plant . I cant remember which

State off the top of my head was kept open and prodiced bedford plates to catch up with the slow process of building bedford plates for the c8 necessary for production.

i have not heard of an increased production facility or capability for bedford plates so the bottleneck could still exost.

didnt the c8 account for 51 percent of the 2 seat sports car market this oast year?

demand is high. Supply is tight.

even I am surprised GM hasnt diverted resources to increasing production capability. It might be the two fold parts shortage discussed that is keeping inventory relatively non existent to this point.

one buyer or a few buyers losing their income due to covid sounds more likely a reason the OP found a car available