Market is changing quick
Drifting
Joined: Aug 2006
Posts: 1,407
Likes: 46
From: Tampa FL
I got my deposit back from Stingray after waiting 18 months plus. No need to buy a C8. I’ve moved on to PHEV SUV and will buy a C8 when I can get one for under MSRP like the old days. Corvettes have always been cheap thrills for me but the prices are too high now imho.
Advanced
Joined: Aug 2019
Posts: 86
Likes: 101
Yes lots of under MSRP now being advertised and those trying to sell used at or even above are just wishful thinking.
Some private sellers are dropping their prices and still not selling. Interesting times for sure.
Some private sellers are dropping their prices and still not selling. Interesting times for sure.
Safety Car
Joined: Dec 2023
Posts: 4,177
Likes: 87
From: Arizona
It's no better now at a max $3,500 discout than it was 2 years ago when people took delivery from McMulken at MSPR on a 2022, since MSRP has gone up since then. Even better for those who paid MSRP on '20-21's
Drifting
Joined: Mar 2008
Posts: 1,473
Likes: 548
From: Orlando & Flagler Beach FL
We still have dealers here in FL that are selling used C8's with anywhere from a few thousand to over 12,000 miles for $6,000+ over their original MSRP.
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Instructor
Joined: Dec 2023
Posts: 158
Likes: 63
From: Washington DC
Greater supply + lower demand + high interest rates = Prices will continue to decline
I was considering new but seeing CPO's for 15% off MSRP, I'd go with used if I was buying today.
If you're a buyer not in a hurry, deeper discounts are coming.
I was considering new but seeing CPO's for 15% off MSRP, I'd go with used if I was buying today.
If you're a buyer not in a hurry, deeper discounts are coming.
Racer
Joined: Nov 2021
Posts: 329
Likes: 180
From: Northwest Florida
…did GM see this coming… 🤔
I picked up my ‘24 at the end of Sept., right before the $2100 price increase…it had me a little bummed thinking if I’d waited, maybe I coulda gotten $2K off my sticker too. But then I realized I would be paying the same price now with $2k off as I did back in Sept., so I guess it’s all good.
…but does make you wonder if GM’s plan going forward is to hike the price and then offer discounts as was done pre-covid… 🤔
I picked up my ‘24 at the end of Sept., right before the $2100 price increase…it had me a little bummed thinking if I’d waited, maybe I coulda gotten $2K off my sticker too. But then I realized I would be paying the same price now with $2k off as I did back in Sept., so I guess it’s all good.
…but does make you wonder if GM’s plan going forward is to hike the price and then offer discounts as was done pre-covid… 🤔
That's the way it's always been.
It's actually quite remarkable that it has taken that long to get there with the C8.
They did a good job, I just love this car(s)...
Drifting
Joined: Nov 2004
Posts: 1,529
Likes: 1,612
If you want to make God laugh, tell him your plans.
Instructor
Joined: Dec 2023
Posts: 158
Likes: 63
From: Washington DC
Racer
Joined: Oct 2001
Posts: 310
Likes: 8
From: Coto de Caza CA
It is. I was looking at a CPO 22 2LT HTC with Z51 and mag ride and 8K miles that the dealer came down to $79K on. For giggles, I ran it on Carvana, and they would only give $60K for it. Two weeks later, Carvana came up to $62K for it. Carmax would not provide an online quote for it. I passed on it given the spread between trade-in and retail was so great.
Thread Starter
Race Director
Joined: Aug 1999
Posts: 13,300
Likes: 2,510
From: Bluffton SC via Canton Oh
It is. I was looking at a CPO 22 2LT HTC with Z51 and mag ride and 8K miles that the dealer came down to $79K on. For giggles, I ran it on Carvana, and they would only give $60K for it. Two weeks later, Carvana came up to $62K for it. Carmax would not provide an online quote for it. I passed on it given the spread between trade-in and retail was so great.
I was offered 75 for my 22 in June......by carmax.... in November the offer was 68. Traded it and got 72. MSRP was 79500, it had 23K miles.... needed tires and tranny service.... HTC 2LT base car. I'd not judge the market by carvana and carmax. If they have a lot of C8s in inventory your offer will not be that good. I tried KBB for an offer and they pedal the info to the dealer network. Got lot of interest but I was happy with 72 at the trading dealer. Less hassle and a $500 tax credit.
Drifting
Joined: Nov 2004
Posts: 1,529
Likes: 1,612
Team Owner
Joined: Sep 2010
Posts: 32,290
Likes: 4,625
I bought my NEW C7 LESS (-20%) back of MSRP. I'd rather pay -20% MSRP, than MSRP, ANY day. Some want to pay MSRP. Hands down, I invested the saving$.👍