Corvette Stingray Constraint and Production Update
 

Corvette Stingray
Constraint and Production Updates:
•First consensus for dealers eligible for initial allocation of the Corvette Stingray coupe is May consensus cycle 2
–Consensus cycle 2 covers production into August
–All dealers eligible for initial allocation will receive an estimated guide number of at least one coupe
–No consensus during June
•Potential Constraints:
–5 Spoke Chrome Wheel (RPO: QX3) on non-Z51 models
–Other constraints may develop. Please monitor constraint wire for further information

Ken, what does that mean? Can you restate it in another way? :bigears Thanks

Not Ken! lol

From what I understand, on May 23rd, all dealers that are eligible will receive at least 1 coupe allocation!

Naturally, those large dealers that sell alot of vettes will get more then one!!

It is basically saying the first consensus cycle is the second cycle of May (which is the 23rd as I recall.)

This cycle will cover production build allocations through August.

There won't be a cycle in the month of June so you won't see any new orders added until at least July. This is basically saying you won't see any additional cars allocated to you after the May cycle until at least the first July cycle.

All 900 dealers on the list for the first production allocations should plan on getting a minimum of one coupe in this cycle. If they only built 900 coupes, each dealer would get one distributed equally.

If they go beyond the 900 number they will start distributing those again with the volume dealers and allocate based on prior sales.

Love your new avatar, Paul! :thumbs:

Are you saying that they are going to produce the C7 in May(starting on the 23rd), then not produce any in June and then start producing them again in July? Are the going to take the first two weeks off in July like they use to do(resulting in no production during that two week plant shutdown)?

Paul, love your new avatar!!

Always good to have you post ... you are one of the good guys!

Right now all the dealers' orders are at status code 1100. The May 23rd consensus will select at least one coupe order from each eligible dealer. Those orders leave 1100 and proceed through other statuses for a couple months until they reach status "3800 - Produced". All the cars are stored in the big lot out back. When the lot gets really full a decision is made to release them all for shipping. Sometimes later-produced cars get shipped before the earliest ones. The cars being produced now through June are captured test fleet cars for evaluation. They carry production code WD1 - Pilot Vehicle. At some future date certain WD1 cars have been known to be sold "used" through the GM dealer auction system.



.

wow...
 

I will be in shock if massive allocation dealers like Kerbeck and MacMulkin get ONE COUPE in the initial allocation, especially since MacMulkin has been guaranteed 250 units in the first 6 to 9 months, I know they will "ramp up" more later but really, ONE UNIT???? Seems hard to fathom...:toetap:

Each allocated dealer will get at "least" one. That takes care of 900. If they can produce 180 per day x 4 days x 4 weeks in August that would be 2880 total. I suspect the additional @ 2000 will be allocated on a percentage basis.

Time will tell...
 

We will know more after the 23rd...

It may have been asked before, but I cannot find it. Do we have an idea of the total number of C7s were in the allocation?

We know a tad less than 900 dealers will get at least one car. Watching the posts my wild guess is the average dealer (of the 900) will get about 10. That would say about 9,000 cars allocated in the first 6-9 months. Lets be optimistic and say it is for 6 months, so that would be 1,500 cars a month in the consensus.

So, this post kinda says the first consensus will be for two months production, or 3,000 C7s (all coupes). If each dealer gets 1, that would leave 2,100 or about 26% of the 8,100 allocations left over from the "every dealer gets 1" statement.

If my dealer gets 15, then he could get an additional 3-4 (26%0f 2,100 is 3.6) cars in the first allocation. If that is true, then his total would be 4-5 cars in the first pass. I am number 4 on his list.... Geeeze this could mean I might make the first cut.

I clearly have too much time on my hands :-)

:iagree: Exactly correct. Since the final total for the first consensus cycle is an unknown, GM is only committing to the expectation that each of the allocated dealers will get a car (coupe only). Anything over and above that will be divided starting with the highest grossing dealer on a percentage or ratio basis.

Good analysis and an accurate representation of what could happen.

What isn't known is what that ramp up will be nor what that total will be.

Production starts slowly at first. It may take a while before maximum weekly production is achieved.

I have talked to two dealers, each listed on the Chevrolet site as C7 dealers, and each telling me they are getting 3 coupes. As of 5/25 neither one had received an allocation. Did I misunderstand that all 900 dealers would get at least 1 coupe in the first allocation?

No, you did not misunderstand. All of the approximately 900 dealers that qualified for the C7 initial 6-9 months will get at least 1 coupe in this first consensus cycle. If they don't know they got one, they are not paying attention - and may have missed their opportunity.

Prepare yourself for HEAVY "market adjustment"
 

Those who think that "within 6 months" big discounts are coming are seriously mistaken... Watch and learn... :) perhaps in a year or two those looking to save a few bucks will find a deal, NOT in 2013 and probably not for at least through summer of 2014..., in the meantime, I will enjoy my new Stingray from MacMulkin :)

:iagree:

Thanks soo much Tommy Jr @ Mac Mulkin!!

We got a deal, we're in the first build! Barring unforeseen constraints!

We'll know more very soon!!:D

Have you read today's posting from Wes at Reliable Chevrolet? $1,000 off MSRP on his convertible allocations.

Not even in production and you can buy one(when they are in production) for a $1,000 discount. Kind off blows your assumption out the windows.

PS- The first 6-9 month allocations of the C7 are not sold out at the 900 Chevrolet dealers that are receiving them. Plenty of them will be sitting unsold shortly and discounts will be the norm before the 2015's go into production next July.

:iagree:

All of my dealers allocations over the next 6 months are sold orders to customers, then of course the dealers will want a few for their lots. Also considering the time frames quoted there will be at least 1 if not 2 price increases, so for those hoping to get a discount by summer of 14 they might pick up the car for todays MSRP.:cheers:

Since we have those who have stated they made the first cut, if you went to two dealers (tbasco) and both had nothing received, I'd have to agree with zy above. Maybe all three of their submittals were with equipment on constraint, or something was wrong with their filling out the order. Or maybe they will still receive notice this week sometime. Maybe.

Read more closely
 

I didn't say you couldn't get 1k off MSRP, I said those who believe they will get "big discounts" are in for a surprise, also a single dealer does not an overall market picture make, just ask those on the west coast about that, anyway, time will tell, the more I learn about the demand and product roll out, the more I see major market adjustments, not the few forum dealers dealing with knowledgeable corvette people,

Will see who's right soon enough :rofl: In the meantime, I will enjoy my Stingray from MacMulkin, no market adjustment, no dealer fees or BS, just a great car, made the first allocation cut, very excited...

BTW, Tommy at MacMulkin was suprised that he got ONLY 13 CARS as the number 2 corvette dealer in the country (1 this year) on the first consensus, go ahead and believe what you want:rofl::rofl::rofl::rofl::rofl::rofl: :rofl::rofl::rofl::rofl::rofl::rofl::rof l::rofl::rofl::rofl::rofl:

This car sounds very rare and unattainable.:rofl::rofl::rofl:

Did you ask Tommy Jr for a discount off MSRP? Another forum member said that he was offered $500 off MSRP at MacMulkin. The laugh might just be on you.

The 13 cars....was this for the first week? I bet so. I bet he will be getting a truck load each and every week for the next 6-9 months. You sound like that's all(13 cars) he is getting for the entire 6-9 months. Ain't so.......He will be getting a sh!t load of C7's during the first 6-9 months of production.. No shortage there.

With all due respect, I dont think any of us that are paying MSRP or a little under really care about 500 bucks. I would rather have the car now and enjoy it. :D

I agree, but do you think it is fair to someone that is new to this forum to only read posts that say the C7 will be so rare that it will be several years before they will be discounted.

The truth is that the C7 is being discounted, and even though some might not want to avail themselves of the chance to purchase a C7 at a discount, that doesn't negate the fact that you can buy a C7 for less than MSRP and that the chances are that the discounts will be even greater in the next 6-9 months when the initial buying binge is over and the dealers are wanting to sell the C7's that they have coming in from Bowling Green every week.

Baller!:rofl::rofl:

pay me now
 

When we ordered our 06 convertible in July 05, all dealers in our general vicinity were adamant about adding a 'market adjustment' to MSRP. Some pretty good size Phoenix dealers were the most aggressive. One quoted $10K, all were $5K. This with an entire production year 2005 on the road. While we may face some new model blues, that is what the warranty is for. So we will be an early adopter this time out. Good news for us, we want a convertible and our cold weather dealer with a big allocation is loaded up with coupe orders.

Those were good years for the economy and credit. Over charging and over paying, no one really cared!

The 900 number For dealerships is one car for the showroom.
does a for custom to sit in the car and possibly get a test drive and those Car are going to be given to the dealer by GM as demos?

Yes, you are right, Macmulkin will get a total of 250 coupes and verts combined over 9 months and they are 2nd in the country... Good luck on your search for massive discounts :)

No way either of us can predict the future, so I guess we'll have to revisit this thread next spring and see what's happening with supply and demand of the C7. I have my opinion and you have your opinion. Both opinions are based on our individual experiences. In 1997 people were also saying you couldn't get a discount on a new C5 and plenty were paying over MSRP because they were led to believe that was the only way to get a C5. Well, I got a $1,000 discount off MSRP in 1997 on my new C5 that I special ordered through a dealer in Tulsa. Just by picking up the phone, I found most of the dealers, but not all, would give me a discount once they learned I wasn't playing their games with their market adjustments. If I talked with a dealer who was trying to screw around with me, I said thanks, but no thanks, hung up, and called another dealer. No shortage of dealers out there.

Are there any dealers reading this that can give me their oppinion on what the facts are?

If a dealer sold 4 new corvettes in 2012 he's entitled to get a C7 allocation. BUT he must then pledge to buy the essential.tools, send technicians for training, AND send someone to C7 performance driving school..

This will cost thousands of dollars. Its possible that some small.dealers will decline the expense even though they may have sold 4 vettes last year...

Hey, if you wanted a discounted vet - buy a C6! I myself just could not go for the C6 at 17.5% discount after waiting for GM to finally release the C7!