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At this point it's getting ridiculous how GM has hyped up this car and the waiting. I'm starting to lose interest and cross-shopping the Emira and even the last gen Evora GT with a 6-speed. I know, apples to oranges but if GM expects me to wait 4 years or pay $50k+ in ADM they're not getting my business.
Even a base C8 is an absolute luxury, no one is entitled to an "affordable" C8 of any variant. Its not like we are talking about the price of a 1/2 ton pickup here.
At this point it's getting ridiculous how GM has hyped up this car and the waiting. I'm starting to lose interest and cross-shopping the Emira and even the last gen Evora GT with a 6-speed. I know, apples to oranges but if GM expects me to wait 4 years or pay $50k+ in ADM they're not getting my business.
I did mention that the Porsche has higher percentages of super rich but that does not mean that a very good percentage of Corvette owners are that as well. And one of my points is that it's a Porsche NOT an Exotic or anything where the vast majority of their owners fall into that super rich category. There are high-end cars like Corvette, Porsche, Mercedes, Jaguar, BMW and so on and then there are Exotics so let's not get that twisted.
Isn't a Porsche 918 Spyder an exotic or a Porsche GT2RS an exotic? A Mercedes Project One?
the 918 definitely is an Exotic but that's not even .000000001% of all Porsche's. The rest of the line up is not. And yes the GT2RS can be looked at as an exotic, but if that's the case then I am putting the C7 ZR1 in that category as well.
At this point it's getting ridiculous how GM has hyped up this car and the waiting. I'm starting to lose interest and cross-shopping the Emira and even the last gen Evora GT with a 6-speed. I know, apples to oranges but if GM expects me to wait 4 years or pay $50k+ in ADM they're not getting my business.
You are 100% correct.
If you don’t have a deposit down at a dealership that is known to honor MSRP.
or
If you are not willing to pay ADM.
They won’t get your business.
But GM is basically sold out of C8 Z06 platform, so they received enough business to continue to stay in business and continue to innovate.
That’s isn’t a GM problem. This is a personal problem.
If you don’t have a deposit down at a dealership that is known to honor MSRP.
or
If you are not willing to pay ADM.
They won’t get your business.
But GM is basically sold out of C8 Z06 platform, so they received enough business to continue to stay in business and continue to innovate.
That’s isn’t a GM problem. This is a personal problem.
No I am in line at Bomin in South Florida and have had a deposit with them for over a year so I'm not worried about the platform being sold out. I'm just saying I'm not going to play ball if ADM is involved which, is a personal decision indeed
Originally Posted by Three-Vettes;[url=tel:1604607400
1604607400[/url]]Well, it is the affordable "super car" so....
I think you may have missed the point of my previous posts, but if you want to go there. I bet more Corvette owners are not "super rich" vs Porsche owners or pick any other high end brand like this...
well, if it’s any indication, there was a Facebook thread recently talking about how many people are planning on buying the Z06 that make less than the price of the car a year. Probably not a great financial move but I guess kudos to those that managed to save up enough to make it affordable for them without overextending themselves or their families.
From: Philadelphia PA (Birthplace of the USA, UNESCO World Heritage City)
Originally Posted by Cyclon36
well, if it’s any indication, there was a Facebook thread recently talking about how many people are planning on buying the Z06 that make less than the price of the car a year. Probably not a great financial move but I guess kudos to those that managed to save up enough to make it affordable for them without overextending themselves or their families.
Speaking as a CPA, no, not a great financial move at all. The general rule of thumb is that cars should be less than 5% of your total net worth, unless your net worth is low and you literally need a car to get to work etc.
Otherwise you sacrifice not having enough of an emergency fund, not being able to retire as early, opportunity costs of not having that money in investments, etc.
well, if it’s any indication, there was a Facebook thread recently talking about how many people are planning on buying the Z06 that make less than the price of the car a year. Probably not a great financial move but I guess kudos to those that managed to save up enough to make it affordable for them without overextending themselves or their families.
Speaking as a CPA, no, not a great financial move at all. The general rule of thumb is that cars should be less than 5% of your total net worth, unless your net worth is low and you literally need a car to get to work etc.
Otherwise you sacrifice not having enough of an emergency fund, not being able to retire as early, opportunity costs of not having that money in investments, etc.
5%? then only the rich would own cars as of today.
Someone could have ample emergency fund in place prior to this car ever being talked about never mind produced.
Pretty sure those folks are financing it not paying cash so that $ in investments would not apply in those cases.
A very Dave Ramsey style approach. Only he’s even worse. He’ll tell you never ever finance a car and buy only what you need And drive it into the ground. Only her another one when there’s no choice. If you have any debt he says the only time you should see the inside of a restaurant is if you work there lol. Only problem with his approach is since you do all the sacrifice when you’re young so you can retire/be financially set youngish. You don’t get to enjoy any luxuries now so if you die or get cancer or some other calamity happens to you you get to have enjoyed nothing. Your kids and wife do though heh. I guess my attitude toward that is balance. I try my best to enjoy things now and still have a valid retirement plan and carry as little debt as possible. Only monkey wrench for me is I have a love for nice cars. Expensive addiction as I’m sure many of you guys here know all about.
well, if it’s any indication, there was a Facebook thread recently talking about how many people are planning on buying the Z06 that make less than the price of the car a year. Probably not a great financial move but I guess kudos to those that managed to save up enough to make it affordable for them without overextending themselves or their families.
That's not smart but this will not be the case for majority of the buyers. Majority will have more than enough means to buy a Corvette. Sacrificing all the other pleasures and necessities of life just for a car is the precise definition of being "car poor". Live in a lesser house, wear cheaper clothing, not vacationing properly, eat at McDonald's, not investing, etc. all for a car??
People, are incredibly over extended. If market's tumble and % rates rise, we will be in for another massive buyers market.. I'm looking forward to the fire sales.
I didn't want to start a new thread, so looked thru these older threads and this was the closest I could get to my question...seeing as we're bored and waiting for any new information. So, I understand everyone has their personal preferences but I'm seriously considering adding Lambo style doors hinges to the Z06 and was wondering if anyone had done this and what your thoughts were. Pros/Cons, cost?
I didn't want to start a new thread, so looked thru these older threads and this was the closest I could get to my question...seeing as we're bored and waiting for any new information. So, I understand everyone has their personal preferences but I'm seriously considering adding Lambo style doors hinges to the Z06 and was wondering if anyone had done this and what your thoughts were. Pros/Cons, cost?
When these came out a long long time ago, I thought it was the coolest thing and immediately started researching them. Then I saw them actually function...wobbling outward then awkwardly up. You still have to open and close them like a regular door the first foot. They don't swing quite like a real Lamborghini door and are a pain to get in and out of. All the modifications also make them vulnerable to sagging and other issues. At this point, they are overplayed and an outdated trend that you don't see much anymore. I'm sure some are happy with theirs which is great. In the end, do what makes you most happy. If you're looking for other's opinions though, I think most, like me, find them cheap looking and forcing the car to be something it's not. Like those guys that put Ferrari badges on their Corvettes and think it's cool.
Starting to look at one of the used super cars, this is dragging out way to long. I know things are going on not just GM but this is more them long enough!!!
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