Prices coming down...
Melting Slicks
Joined: Jul 2019
Posts: 2,256
Likes: 487
From: Southeast Michigan
85k- 62.5k is 12.5k, and that's assuming he paid no sales tax which is doubtful. Odds are his net profit is maybe 10k give or take, which still isn't bad all things considered, but if he only just now got on a Z06 list he will be lucky if he ever sees one before the end of the C8 generation.
$22.5k gross profit.
Safety Car
Joined: Jul 2013
Posts: 4,408
Likes: 3,485
From: Granada Hills CA
Safety Car
Joined: Jul 2013
Posts: 4,408
Likes: 3,485
From: Granada Hills CA
Burning Brakes
Joined: Jun 2021
Posts: 801
Likes: 408
From: NC
How's that Bitcoin doing? Did you get a margin call? What's the interest rate on your 84 month car loan going to be? How is the equity in your house? Hope you did not take it all out to finance your toys. The party for free money is over. Cash will be king in 6 months. I hope dealers will be sitting on inventory so I can buy some more toys.
Intermediate
Joined: Mar 2022
Posts: 32
Likes: 10
Not related to the ADM, but Chevy raised the price of the 2023’s by $2400 effective 6/13. With my options set I am looking at a 3500$ increase.
I doubt it will push these 100k+ ones higher, but everyone is going to be paying more going forward.
I doubt it will push these 100k+ ones higher, but everyone is going to be paying more going forward.
Burning Brakes
Joined: Oct 2016
Posts: 757
Likes: 470
From: Dallas/Fort Worth
