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Then why do they keep saying that a $100k ADM is "the market". It sounds like the market is MSRP, but they are manipulating the market out of greed.
The market is what it is. The fact that they still have the car says they are above the market. But the fact that there are not ZR1's sitting on every Chevy lot says the market isn't at MSRP either. You can call it greed, capitalism, or maybe sour grapes. Most ZR1's are still selling above MSRP and probably will for a good while because people are still willing to pay more.
The market is what it is. The fact that they still have the car says they are above the market. But the fact that there are not ZR1's sitting on every Chevy lot says the market isn't at MSRP either. You can call it greed, capitalism, or maybe sour grapes. Most ZR1's are still selling above MSRP and probably will for a good while because people are still willing to pay more.
The fact there are not ZR1's on every lot does NOT say that. It says they have made 1398 ZR1's and there are 2865 Chevy dealers. So it would be physically impossible.
Of those 1398, 945 were ordered for customers, and 453 were dealer "inventory". Of the 453, only 235 have been sold. So there are still over 200 unsold or unspoken for ZR1's out there.
If the "market" was 100k over, they'd all be sold already. So the market isn't "what it is". It's what they are making it.
Oh well, it will change, as they plan to build 4000 ZR1 and 1500 X next year.
The fact there are not ZR1's on every lot does NOT say that. It says they have made 1398 ZR1's and there are 2865 Chevy dealers. So it would be physically impossible.
Of those 1398, 945 were ordered for customers, and 453 were dealer "inventory". Of the 453, only 235 have been sold. So there are still over 200 unsold or unspoken for ZR1's out there.
If the "market" was 100k over, they'd all be sold already. So the market isn't "what it is". It's what they are making it.
Oh well, it will change, as they plan to build 4000 ZR1 and 1500 X next year.
First, I don't believe there are 200 unsold or unspoken for ZR1's. I can't find them, I've looked. Autotrader can't find them either, they show 26 available nationwide, and if you call you'll find that number includes some already sold, customer cars. Second the market is set by supply (GM producing) and demand (customers). The dealer is neither. When customers are unwilling to pay ADM the price will fall, but right now there are more potential customers than GM produces. 5500 ZR1's and ZR1X's in a year? I don't believe the demand is there for that many, that expensive, Vettes. GM won't make more than wanted, plus suppliers can't keep up with parts demands now. Making that many may be on their wish list but isn't going to happen. As for 100K ADM, that's not the market either, hence still for sale. When they are willing to sell their limited availability car for what a customer is willing to pay, it will sell. THAT'S the market.
I just looked at Chevy's inventory on their website. From Topeka out 2000 miles they show 48 ZR1's and 19 ZR1X's in inventory. How about $441K for a ZR1X?