CorvetteForum - Chevrolet Corvette Forum Discussion

CorvetteForum - Chevrolet Corvette Forum Discussion (https://www.corvetteforum.com/forums/)
-   C7 General Discussion (https://www.corvetteforum.com/forums/c7-general-discussion-142/)
-   -   MSRP Question (https://www.corvetteforum.com/forums/c7-general-discussion/3489258-msrp-question.html)

beachcomber 06-23-2014 11:20 AM

MSRP Question
 
I've owned several Corvettes in the past prior to my C7, however previous were all classic vettes. For my C7, I paid MSRP due to good old supply and demand and my unwillingness to wait.

This got me thinking. What has the new vette purchasing been like for prior generations (that wasn't first year model)? Example, for a '13 C6, or even a '12, was there a lot of negotiating on the MSRP?

Just curious!

kp 06-23-2014 11:45 AM


Originally Posted by beachcomber (Post 1587199294)
I've owned several Corvettes in the past prior to my C7, however previous were all classic vettes. For my C7, I paid MSRP due to good old supply and demand and my unwillingness to wait.

This got me thinking. What has the new vette purchasing been like for prior generations (that wasn't first year model)? Example, for a '13 C6, or even a '12, was there a lot of negotiating on the MSRP?

Just curious!

Here is a good example of what C6s were selling for at the end:

http://forums.corvetteforum.com/c6-d...-35-995-a.html

I paid around 15K off of the 63K msrp on my 12 grand sport with no negotiating - it was the advertised price from a supporting dealer here.

Hard to say what the future will bring..

Modshack 06-23-2014 11:56 AM


Originally Posted by kp (Post 1587199460)
I paid around 15K off of the 63K msrp on my 12 grand sport with no negotiating - it was the advertised price from a supporting dealer here.

.

Yeah...When models get tired, and the manufacturer has to keep production rolling there are often hidden "rebates" to the dealer to encourage sales. The last few years of the C6 were a perfect example of this......as the C7 loomed on the horizon..

It really has nothing to do with actual cost...More of a need to move the iron at a price that will encourage that..
No free lunch though...It will eventually affect resale of those fire-sale models...

kp 06-23-2014 12:04 PM


Originally Posted by Modshack (Post 1587199538)
Yeah...When models get tired, and the manufacturer has to keep production rolling there are often hidden "rebates" to the dealer to encourage sales. The last few years of the C6 were a perfect example of this......as the C7 loomed on the horizon..

It really has nothing to do with actual cost...More of a need to move the iron at a price that will encourage that..
No free lunch though...It will eventually affect resale of those fire-sale models...

I would assume actual GM unit cost was less after a certain point when the engineering and tooling was paid for, Not sure how many years they figure those costs into the mix.

Not to mention it was hard enough to sell a new Focus with the stale economy, let alone a 60K msrp two seat sports car.

rcooper 06-23-2014 12:06 PM

Bought an 09 in May of 09 had to work on the dealer a bit, MSRP of 53,500 got it down to $44,750 + TT&L. Not gonna happen on the new C7 for a while, used ones are going for at or near sticker right now, good ole' supply and demand.

punky 06-23-2014 12:17 PM

MSRP is nothing more than a reference point outside of the first year of a new generation. 8-9-10 thousand dollar discounts become commonplace in a relatively short period of time. I can only laugh out loud when guys recap the C6 Z06 pricing history and early market perceptions that were shared by many enthusiasts. Those "instant classics" hit their saturation point rather quickly and voila, 10-15K discounts. Z06s rotted on the vine along with their sibling ZR1s. That is reality.

wgood 06-23-2014 12:29 PM


Originally Posted by beachcomber (Post 1587199294)
I've owned several Corvettes in the past prior to my C7, however previous were all classic vettes. For my C7, I paid MSRP due to good old supply and demand and my unwillingness to wait.

This got me thinking. What has the new vette purchasing been like for prior generations (that wasn't first year model)? Example, for a '13 C6, or even a '12, was there a lot of negotiating on the MSRP?

Just curious!

Well the Pacific Northwest is the gouge capital of the world !!! Last year I saw a 2004 C5 convertible cost 10,000.00 over MSRP only because he had the Invoice sheet on his window !!! Wayne

halt00 06-23-2014 12:30 PM


Originally Posted by beachcomber (Post 1587199294)
I've owned several Corvettes in the past prior to my C7, however previous were all classic vettes. For my C7, I paid MSRP due to good old supply and demand and my unwillingness to wait.

This got me thinking. What has the new vette purchasing been like for prior generations (that wasn't first year model)? Example, for a '13 C6, or even a '12, was there a lot of negotiating on the MSRP?

Just curious!

Bought a 98 (second year) C5 and still paid MSRP. It takes time for the fervor to ramp down. I think the C7 will take much longer, unless you want a vert which are already discounted.

beachcomber 06-23-2014 01:24 PM

Good feedback, thanks. I was surprised that I had to pay MSRP ($66k) for a base 3LT. If I was patient, I'm sure I could have found a Z51 for the same price.

Seems to me the late model C6's were a 'steal' with the C7 on the loom. Talk about amazing performance for what was a really good price at the time.

punky 06-24-2014 08:50 AM


Originally Posted by beachcomber (Post 1587200000)
Good feedback, thanks. I was surprised that I had to pay MSRP ($66k) for a base 3LT. If I was patient, I'm sure I could have found a Z51 for the same price.

Seems to me the late model C6's were a 'steal' with the C7 on the loom. Talk about amazing performance for what was a really good price at the time.

Heavy discounting on Corvettes does not only occur when a new generation is on deck. I bought an '08, 1LT, new on 2008 when the LS3s were the hot item for $40,500( sticker was $49,500).

TEXHAWK0 06-24-2014 11:16 AM

2004 Z06, last of the C5s, dealers were offering $10,000 off MSRP. Also, MSRP on a Z06 back then was only $52,000.

mpuzach 06-25-2014 12:31 AM

In April, 2005 I ordered my 2005 C6 coupe for $2000 under m.s.r.p. which was the best discount that I could find at the time. (At that same time, convertibles were typically going for straight m.s.r.p.)

I currently have a 2015 Stingray on order at G.M. supplier pricing which will translate to around $6500 under m.s.r.p.

Mdm23 06-25-2014 02:56 AM

MSRP on my 2014 order is $66,585. My price is $60,574 with my supplier discount. On order I have a Torch Red Z51 with 2LT, mag ride, NPP, nav, and red calipers. TPW is next week. Patience is a virtue. Deals are always around. Sometimes it just takes harder searching. This is my first new car purchase and I promised myself I wouldn't buy one if I couldn't get it under MSRP.


All times are GMT -4. The time now is 12:58 AM.


© 2024 MH Sub I, LLC dba Internet Brands