Prices falling fast on new C7's
#1
Drifting
Thread Starter
Prices falling fast on new C7's
Was offered $2500 off by a local dealer I know yesterday
He said he thought they would be selling them at invoice by spring of 2014
He said he thought they would be selling them at invoice by spring of 2014
#2
Melting Slicks
What amazes me is people are still willing to pay $50,000 for a 4-5 year old Z06. Even the used Grand Sports 2-3 years old with in $10,000 of a
C7.
#3
Yeah just saw in Ontario Canada one dealer dropped his price $2000 in one week..once the novelty of having the first C7 around wears off the prices will drop to where they should be.
#4
#5
yes. It speaks volumes about the "old" Z06.
#7
Le Mans Master
Yeah, even though the C7 is the latest and greatest, and it sure is, interesting how the C6 Z06 and GS's are keeping their values up. Course although the C6 is obsolete compared to the C7, it's still a fabulous street supercar in it's own right. Now many of us are deciding when not if we will be moving to a C7, while there are many others at a lower price point looking to scoop our well cared for and tastefully tricked out C6's. What's more interesting is, if the Porsche/BMW nose in the air crowd, start moving over to the C7 after the rave reviews. Maybe paying TWICE as much for comparable performance and recent major interior/ technical/ handling/ infotainment upgrades etc, will finally turn on the light bulb for them.
#8
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----- What's more interesting is, if the Porsche/BMW nose in the air crowd, start moving over to the C7 after the rave reviews. Maybe paying TWICE as much for comparable performance and recent major interior/ technical/ handling/ infotainment upgrades etc, will finally turn on the light bulb for them.
Bill
#9
Administrator
#10
Burning Brakes
#11
Banned Scam/Spammer
Not sure what all the buzz is about Z06s "holding their value". You can buy a $90,000 C6, Z06 f0r 40k. Is that what we should consider a value hold?
#14
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Not sure where you saw a Canadian dealer dropping $2K but I highly doubt it's for a "new" Canadian car. I have one on order and talked to about 6 dealers in and around Toronto, all have used up their allotment of coupes for the year and don't expect new allotments till MY2015.
It's not like it is in the US, GM is only allowing a very small number of units into Canada (I was told somewhere around 300 coupes) for 2014. Further, if you did not sell 4 units in 2013 (I believe that was the threshold) then you're not even allowed to order a 2014.
I went to see one dealer a few weeks ago and he said no problem getting a "used" unit in from the US for $15K over MSRP!
With the constraints and all, the market for cars in Canada won't parallel that in the US, here they will maintain a much higher residual for longer and dealers will get MSRP clear into next year for any Z51. The flood of US cars into Canada will be the only factor affecting that.
It's not like it is in the US, GM is only allowing a very small number of units into Canada (I was told somewhere around 300 coupes) for 2014. Further, if you did not sell 4 units in 2013 (I believe that was the threshold) then you're not even allowed to order a 2014.
I went to see one dealer a few weeks ago and he said no problem getting a "used" unit in from the US for $15K over MSRP!
With the constraints and all, the market for cars in Canada won't parallel that in the US, here they will maintain a much higher residual for longer and dealers will get MSRP clear into next year for any Z51. The flood of US cars into Canada will be the only factor affecting that.
#15
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Whats the point? People paid $3K for a VCR or Beta max a few years back. $5K for a flat screen.........
#16
Moderator
#17
Burning Brakes
I can appreciate that some of you would love the C7 to be a worthless car that doesn't hold its value.
Please re-read my statement and keep in mind that the "stripped out base model" $52k car isn't likely to be selling for 10k under sticker during the 2014 model year...
Of course, well optioned cars can see bigger discounts. That was the purpose of the 5k+.
By the way, The point of my post was actually the second line. This must not have supported your agenda and was therefore ignored.
Please re-read my statement and keep in mind that the "stripped out base model" $52k car isn't likely to be selling for 10k under sticker during the 2014 model year...
Of course, well optioned cars can see bigger discounts. That was the purpose of the 5k+.
By the way, The point of my post was actually the second line. This must not have supported your agenda and was therefore ignored.
Last edited by WaxWeekly; 11-18-2013 at 11:42 AM.
#18
Good things come to those who wait. Like Improved cars and bigger discounts. A year from now 5K off will be common on a base car like the Stingray and you wont be hearing about paint runs and mis aliened body panels etc.
Last edited by Red Lightening; 11-18-2013 at 11:55 AM.
#20
Burning Brakes
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I gladly paid MSRP for my C7 and feel I'm getting every penny's worth of that suppossed $2K I may have overpaid.
Let's see, $2K amortized over 72 months.... oh no! $28/month.
There is no price for the excitement this car generates not only for me, but for all of those who have celebrated it with me.
By the way, for those so concerned about getting a good deal, it seems that's more important to them than actually getting the car.
Let's see, $2K amortized over 72 months.... oh no! $28/month.
There is no price for the excitement this car generates not only for me, but for all of those who have celebrated it with me.
By the way, for those so concerned about getting a good deal, it seems that's more important to them than actually getting the car.
Last edited by c5vette73; 11-18-2013 at 11:57 AM.