Over MSRP?

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Oct 22, 2023 | 04:02 PM

hbk_bkk

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From: Georgia

Over MSRP?

Are people still paying over MSRP for a new C8? I’ve got a car I ordered that I can’t really afford, but… if I could still get get a premium by selling it, I might go ahead and get it. And yes I know I’m part of the problem- lol.

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Oct 22, 2023, 04:12 PM

BigButtLover

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From: I love the Big Butt Corvettes

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Quote:

Originally Posted by hbk_bkk

you will not get a premium by selling it. Any sane person is not paying over MSRP for a new C8. You can order one now at MSRP and have it in a few months. Those days are over.

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Oct 22, 2023 | 04:12 PM

BigButtLover

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From: I love the Big Butt Corvettes

St. Jude Donor '08

Quote:

Originally Posted by hbk_bkk

you will not get a premium by selling it. Any sane person is not paying over MSRP for a new C8. You can order one now at MSRP and have it in a few months. Those days are over.

Oct 22, 2023 | 04:50 PM

DeltaMobile

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Joined: Feb 2021

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From: Grand Junction

Quote:

Originally Posted by BigButtLover

you will not get a premium by selling it. Any sane person is not paying over MSRP for a new C8. You can order one now at MSRP and have it in a few months. Those days are over.

I do not know if people are sane but I see C8 being sold for premium by local dealers last month.

Oct 22, 2023 | 05:01 PM

S'vette

Melting Slicks

Joined: Aug 2010

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From: Tumwater, WA

Yep just ordered my 24 C8 at MSRP. They say 2-3 months for build time to dealership. Getting 2LT in Catus Green with the Bronze package.

Oct 22, 2023 | 05:39 PM

SPACE RACE

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Joined: Jul 2020

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From: Clear Lake TX

The resale market has softened significantly and I predict you will lose money if you try to flip a Stingray. I just received my Z06 allocation and put my 70th Anniversary Z51 HTC up for sale with only 495 miles. It is listed below MSRP and is not selling.

Oct 22, 2023 | 05:44 PM

Red Mist Rulz

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Some dealers are still getting more than MSRP for a new C8. Getting enough for a used C8 to cover the cost of the car and sales taxes isn't going to happen these days.

Oct 22, 2023 | 06:58 PM

Vetteman Jack

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Quote:

Originally Posted by BigButtLover

you will not get a premium by selling it. Any sane person is not paying over MSRP for a new C8. You can order one now at MSRP and have it in a few months. Those days are over.

I tend to agree - I would not pay over MSRP for a C8 - I can wait a few months to get the car. But, there may be some buyers that want it right now and will pay the premium.

Oct 22, 2023 | 09:35 PM

PaulCPO

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From: East Tennessee

I paid MSRP and with taxes etc. I would have to get at least 10K over MSRP to break even. Buuuuut..... If anyone wants a 23 HTC 3LT for $130K, I'll talk.

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Oct 22, 2023 | 10:14 PM

StormTrooper R

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From: Texas

There are plenty of dealers selling in-stock C8s for MSRP. With taxes and fees, you will not be able to make money. If you cannot afford it, I would not buy it.

Oct 22, 2023 | 10:18 PM

#10

C8n8

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Depends where you live. In CA where I'm at they are still going for over but after you figure in taxes I don't think you'd end up with much and it would be risky.

Oct 22, 2023 | 10:24 PM

#11

tadda

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From: Dove Mountain, AZ

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Quote:

Originally Posted by hbk_bkk

The days flipping and selling it private for over MSRP are long gone...

And why go through the hassle of paying tax and registration and then have to resell it? Makes no sense to me...Just walk away...

Oct 22, 2023 | 10:33 PM

#12

hdrider1

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From: Cincinnati OH

Quote:

Originally Posted by hbk_bkk

So what kind of scam are you trying to pull off? I looked at your previous recent posts and you indicate you own a C8 and are trying to trade it for a C7 or a '94 or '95 Corvette. Now you're saying you have a C8 on order. What kind of racket are you doing and what exactly are your intentions?

Oct 22, 2023 | 11:08 PM

#13

4thC4at60

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Joined: Jun 2002

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From: Commerce Texas

I paid MSRP in June of 2022

Oct 22, 2023 | 11:40 PM

#14

StormTrooper R

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From: Texas

Quote:

Originally Posted by 4thC4at60

I paid MSRP in June of 2022

I paid MSRP in June 2023 for an in stock car.

Oct 23, 2023 | 05:19 AM

#15

nosce8ed

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Possibly, but the easy money is in treasuries for the moment and eventually back into stocks after the correction.

Oct 23, 2023 | 06:53 AM

#16

449er

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From: Pittsburgh

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I agree that the days of flipping a base C8 for a profit are done, don't buy the car if you can't afford it

Oct 23, 2023 | 07:10 AM

#17

pltmgr

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From: Chapel Hill NC

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With all the horror stories Im hearing about parts shortage you probably can make more money parting it out.

Oct 23, 2023 | 07:33 AM

#18

Garret

Race Director

Joined: Jul 2007

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I believe in the Beer Fairy

I hope you buy it and get stuck with it...lol... I have passed on many cars at msrp on the lot already....

Oct 23, 2023 | 07:33 AM

#19

*89x2*

Team Owner

Joined: May 2001

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Corvette Blogger reported last week on a dealer selling C8s for $3,000 UNDER msrp.

Anyone paying over msrp is not paying attention.

Oct 23, 2023 | 09:49 AM

#20

papillion

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From: Oro Valley Arizona

Plus Some

Quote:

Originally Posted by hbk_bkk

I’ve got a car I ordered that I can’t really afford, but…

You can't take delivery without paying sales tax and license. And some insurance post delivery presale. So add 10% to your resale price to breakeven. Plus your time and aggravation. Worth the worry you'll be wrong for a precious few bucks?

And haven't you answered your own question about taking the car?

Last edited by papillion; Oct 23, 2023 at 11:11 AM.

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