When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.
The other lost important thing that people forget, government printing money and giving free handouts to the whole country during COVID. That was shown by how housing and vehicles worked during that timeframe. The removal of the gold standard, the allowance of big corporations/foreign entities buying up housing to use as rentals.
I tried to buy this new 2026 2LZ Eray yesterday
Attached is the dealer ad with $20k.stated discount. Also attached is the dealer price sheet to me - $10k discount- with the dealer explanation that you only get the $20k off if you both finance through the dealer, and also trade in a car to the dealer. You can draw your own conclusion. No deal was done.
Wish that was correct. People are poor today working 3 jobs (at Walmart, McDonalds, etc). According to Morgan/Morgan most don't have $1,000 in bank account... Everything is a rich mans game...
The issue isn't wages or inflation. Those have kept up, same with car prices. The problem is a large portion of most peoples pay checks go to housing. Rent and Mortgages are through the roof well outpacing inflation or wages compared to what you would have spent many years ago.
This is the problem. People have less money to spend on things because they are spending a larger portion of their take home on housing so theres less money left over for all the fun stuff even with wages matching inflation.
inflation uses housing as part of the calculation.
My Corvette is a toy and I Im privileged to own a new one. I by no means make a lot of money but I did save my butt off in order to pay cash for a 23 I ordered just the way I wanted it. It’s a sacrifice I made so that I could own one with an 88k+ car for having fun knowing it’s not a good investment. YOLO and entertainment is not usually budget friendly. My DD is a 2016 Malibu with 175k miles and is my money saver.
I think the sweet spot is to buy one 1-2 yrs old, low mileage and the 3 y 36000 warrranty intact...probably save yourself 25%..like I did and end up with a like new corvette...
My Corvette is a toy and I Im privileged to own a new one. I by no means make a lot of money but I did save my butt off in order to pay cash for a 23 I ordered just the way I wanted it. It’s a sacrifice I made so that I could own one with an 88k+ car for having fun knowing it’s not a good investment. YOLO and entertainment is not usually budget friendly. My DD is a 2016 Malibu with 175k miles and is my money saver.
Similar here….. Saved for my 25 Z06 to pay for it cash. MY DD is a 1997 Z71 with 126k miles. I also have a 2006 Cayman S to scratch the manual gear box itch.
Multiple sources show facts that in fact, wage growth over inflation. The main reason people (in general) have higher cost of living is unnecessary “needs”. Cell phones, cable TV, houses and apartments twice the size as 50 years ago. And then all the “added” features required by government (don’t deny the benefits, but they add cost whether we like it or not) extra codes for building house, extra codes for required safety features. Etc..
How the federal government measures inflation has varied over several decades. I don't believe anything that comes out of the BLS.
There are two sets of Consumer Price Index (CPI) measurements. One doesn't include food or energy--two primary factors of household budgets:
Headline CPI represents all goods and services in the report; in other words, “the whole shebang.” It represents the average inflation rate across the entire economy.
Core CPI strips out food and energy prices. Why? Food and energy prices tend to be more volatile than other products in the CPI mix. They’re affected by changes in weather, international prices, and geopolitics, among other things. That’s why some economists, including those in the Federal Open Market Committee (FOMC), prefer to take food and energy prices out of the equation when setting monetary policy.
"Lies, damned lies, and statistics" is a phrase describing the persuasive power of statistics to bolster weak arguments, "one of the best, and best-known" critiques of applied statistics. It is also sometimes colloquially used to doubt statistics used to prove an opponent's point.
I tried to buy this new 2026 2LZ Eray yesterday
Attached is the dealer ad with $20k.stated discount. Also attached is the dealer price sheet to me - $10k discount- with the dealer explanation that you only get the $20k off if you both finance through the dealer, and also trade in a car to the dealer. You can draw your own conclusion. No deal was done.
That's the ERay I was watching and trying to understand why it was so much cheaper than all the rest. It shows up as the first listing on Chevrolet.com when searching for ERays by price. Yeah, the listing says that price is available to everyone. Clickbait I guess.
Chevrolet Corvette C8, are still depreciating assets. Unlike real estate, which historically appreciates over time, about 90–95% of vehicles lose value the moment you drive them off the lot and continue trending down over the years. When prices push into six figure territory, it becomes harder to justify from a financial standpoint unless you are fully comfortable treating it as a luxury expense, not an investment. On top of that, insurance costs have gotten out of control, especially for high performance vehicles, adding another layer of ongoing cost that people did not feel as heavily even a few years ago.
At the same time, the broader economic backdrop is shifting. We are already seeing early impacts from AI across white collar roles, automation of tasks, pressure on salaries, and changes in hiring demand. This is not some far off concept, it is happening now and will likely accelerate into the end of the decade. When you combine rising costs across the board with increasing uncertainty around income stability, it makes sense that people are pushing back harder on pricing, even for something as iconic as the Corvette. The good news is we have more millionaires and billionaires that we ever had. I guess that’s a positive if you’re one of them.
Last edited by fasttoys; Apr 19, 2026 at 12:50 AM.
Your complaint isn’t with Chevy it’s with inflation. The base C8 for 2027 costs $20 less than a base C5 did in 2000 when adjusted for inflation.
That's a bs argument though. The CPI is 40% plus based on housing costs, dominating the metric. Housing is a market that's an investment, more limited in supply than demand, and favors boomtowns and price spikes. Not to mention that when housing costs go up, that typically means less disposable income for things like sports cars.
Wish that was correct. People are poor today working 3 jobs (at Walmart, McDonalds, etc). According to Morgan/Morgan most don't have $1,000 in bank account... Everything is a rich mans game...
my plumber charges $185/hr and the contractor running my house remodel charged me $5800 for 6 days worth of demo and other work. After checking, I found out these prices weren’t out of line. Are they rich men?
That's the ERay I was watching and trying to understand why it was so much cheaper than all the rest. It shows up as the first listing on Chevrolet.com when searching for ERays by price. Yeah, the listing says that price is available to everyone. Clickbait I guess.
Well the info is correct, it is available to everyone….the follow up question would be if there are restrictions or fees on early payoff of the loan, if not then just finance with the dealer and pay it off right away…
my plumber charges $185/hr and the contractor running my house remodel charged me $5800 for 6 days worth of demo and other work. After checking, I found out these prices weren’t out of line. Are they rich men?
That's pretty cheap for today so no! You're living in the past my friend. People today need the entire family working to pay bills, food, rent etc. Something is wrong today but this is not the forum for this. PM me if your care.
Plumbers are thief’s was an electrical contractor for 50 years never could understand how the public never complained about these . They say get a quote and plumbers do not respond they just want cost plus.
Designer Imagines A Corvette That Looks More Like a Corvette Than the Corvette
Slideshow: A Jaguar designer's personal project imagines what a modern front-engined Corvette might look like if Chevrolet revisited the golden age of the Stingray.