Originally Posted by C2C3C4C6
(Post 1598758085)
Are large C7 inventories going slow up the C8 release?
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I think GM will produce both the C7 and C8 for a while to see what happens. Some people won't like the C8, because it's too radical a departure from prior Corvettes, or because it has less storage space, or because the first-year C8 will be slower than the C7 ZR1, or for various other reasons. I don't see why GM would want to lose Corvette sales to those people.
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Originally Posted by lt4obsesses
(Post 1598759757)
Making a lot of them is the key to it's success. The car is not suppose to be "exclusive", in fact, just the opposite, it was planned to be "inclusive". For many, Corvette is not a car, it's a way of life. Weekend cruises with fellow enthusiasts, shows, gatherings, clubs, get togethers of all sorts at all times. Road trips, vacations, all of it.
The other half of it that really drives profit for GM comes from those used Corvettes that can be had for a song. Parts and service create huge revenue numbers for both GM and dealerships. The more 'older' Corvettes on the road, the better for them, and for you. Not to mention the licensing money they get from aftermarket manufacturers of all those shiny under hood thingies boasting the crossed flags on them. Economy of scale keeps your car relatively cheap to maintain and repair. The Corvette is the high performance sports car that you can actually drive and enjoy. When GM gets too full of themselves and start trying to make the Corvette "exclusive", that will be the end of the Corvette. As far any delay, there is no delay, because there is no car in the official sense. There was never an announced target date. The C8, in whatever form it may be, is still, simply, in development. That said, when the car is ready, they will not hesitate to reveal it to the World, regardless of how many C7's are still on the ground in inventory. GM will want to start collecting return on investment ASAP. C7's on the ground are already paid for. From a dealer's perspective, they would much rather see the profit from selling a lot of C8's at sticker or more for two years. That will more than cover moving the remaining C7's below invoice to clear them out. |
Originally Posted by Z0Sick6
(Post 1598759157)
C7s will fall to high 30s to sell if the ME is the best ever. 2019 C7 will be bargain rate.... when that happens expect 2014 30-40k miles to be 25-27K
...and used 2014 - 2016 C7 is totally different target market than a new C8 of any price. |
Originally Posted by Warp Factor
(Post 1598766395)
I think GM will produce both the C7 and C8 for a while to see what happens. Some people won't like the C8, because it's too radical a departure from prior Corvettes, or because it has less storage space, or because the first-year C8 will be slower than the C7 ZR1, or for various other reasons. I don't see why GM would want to lose Corvette sales to those people.
The only recent example of an old and new generation of a particular model being built simultaneously I can think of was the JK and JL Wranglers, and that was for the opposite reason: they sold so well the plants were running at full capacity trying to catch up on old JK orders while also sending out new JL. Even then, it was less than a year of overlap, the two models weren't anywhere near as dissimilar as a ME and FE Corvette, and both were selling at capacity. It wasn't just to see how things went. If the ME is a C8, the FE is dead, at least for that generation. |
Originally Posted by C2C3C4C6
(Post 1598758085)
Are large C7 inventories going slow up the C8 release?
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Originally Posted by NORTY
(Post 1598759406)
And THAT is the problem with Corvette. GM makes too many of them. This is why they aren't special nor exclusive. It's also why used Corvettes can be had for a song. Now, if GM cut production to keep demand high on the C8, they'd make the Corvette a "premiere vehicle" that it deserves to be. Yes, it's a bitchen car, but GM just makes too damn many of them.
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Originally Posted by jefnvk
(Post 1598768938)
It amuses me so many people think that car companies make decisions just to see what happens, or to keep a conginency in place. OEMs simply don't do that,
The ME Corvette would be the most radical departure from any prior Corvette yet. Wouldn't it be a little stupid for GM to not want to cover their azz, until they have a little time to evaluate how good or bad acceptance of the radical new platform (for a Corvette) is? |
Originally Posted by 638HP
(Post 1598769223)
That is my sentiments. The C8 appears to be ready for launch. Mules appear to be doing well in the wild. Not sure I understand the major electrical issue, a launch could happen in parallel while issues are ironed out. I don't think GM anticipated so many C7's unspoken for, coupled at a time when GM is closing plants and cutting costs.
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Originally Posted by Warp Factor
(Post 1598770381)
Aside from when they do. ;)
The ME Corvette would be the most radical departure from any prior Corvette yet. Wouldn't it be a little stupid for GM to not want to cover their azz, until they have a little time to evaluate how good or bad acceptance of the radical new platform (for a Corvette) is? Not that I believe this is the case, but if there are truly that many people who would prefer the FE to the ME, why would you even give them the chance to torpedo the ME by continuing to offer the FE? |
Originally Posted by jefnvk
(Post 1598771336)
Which controller of the money is going to green light a program in which you need to keep a backup old car in production, one with already dipping sales that are only going to drop considerably, just in case?
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Originally Posted by Warp Factor
(Post 1598771900)
Someone who believes that the addition of a "halo car" will help the image and improve sales for the entire company?
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It was an option on base models in 2014. I think it is part of the Z51 package.
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Then they come up with 4 more models. I thought they were loaded with cars they aren't, can't sell.
Look on Edmund's Right didn't dealers order those cars? |
Has anyone bought the base model C7 and had second thoughts?[/QUOTE]
Not even remotely. My C7 Z06 A8 has been great. Fantastic bargain for the money. |
Originally Posted by Supersonic 427
(Post 1598759093)
I have a '19 1LT Base Convertible with a 7 speed manual and dual mode exhaust and could not be happier.....unless the C8 really knocks my socks off and comes in at reasonable price! I would have no qualms about buying a base C8 with a few options.
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Originally Posted by jefnvk
(Post 1598771336)
Which controller of the money is going to green light a program in which you need to keep a backup old car in production, one with already dipping sales that are only going to drop considerably, just in case? I mean, the Mustang didn't continue making solid rear axles just in case the faithful wanted them, and that could have easily been a line item option. If there is that much fear it is going to be a flop it is just going to be canned altogether. UNLESS this is some sort of a limited production special edition, or a Caddy, there is zero economic or marketing sense to producing both.
Not that I believe this is the case, but if there are truly that many people who would prefer the FE to the ME, why would you even give them the chance to torpedo the ME by continuing to offer the FE? When Porsche introduced the Boxster/Cayman mid engine sports car, did they drop the rear engine 911 sports car? NO, and the "old" 911 sells more annually than the "new" Boxster/Cayman. |
C7s are NOT affecting or "delaying" the C8 in any way. If GM was worried about the C7 inventories and are foolishly holding off the launch of the C8, they would just throw in incentives and help the dealers get them out at 25% off for the entire inventory. I didn't see anything like that during the holidays or now.
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Originally Posted by JoesC5
(Post 1598780384)
When Porsche introduced the Boxster/Cayman mid engine sports car, did they drop the rear engine 911 sports car? NO, and the "old" 911 sells more annually than the "new" Boxster/Cayman.
I'm not arguing that GM can't do it, rather that they both won't be a Corvette if they do it. |
Originally Posted by jefnvk
(Post 1598782321)
But does Porsche sell a ME and a RE 911, or are they their own separate vehicle lines?
I'm not arguing that GM can't do it, rather that they both won't be a Corvette if they do it. |
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