C6 Corvette General Discussion General C6 Corvette Discussion not covered in Tech
Sponsored by:
Sponsored by:

How are the initial sales of the C6 compared to the C5?

Thread Tools
 
Search this Thread
 
Old 09-27-2004, 03:13 PM
  #21  
Duck916
Team Owner
 
Duck916's Avatar
 
Member Since: Jul 2001
Location: Various places in California. Not currently aflame.
Posts: 20,514
Received 640 Likes on 395 Posts

Default

The numbers come out every month in Automotive News and other sources. You need to look at the inventory number--this is measured by taking the inventory against recent sales, yielding a x-day supply. Standard in the industry is a 60 day supply. If the Vette number is below that, it's selling better than normal.

For comparison, the Mini Cooper is running around an 8 day supply and the Pontiac GTO has been around 200 days(!).
Old 09-27-2004, 03:30 PM
  #22  
John George
Melting Slicks
 
John George's Avatar
 
Member Since: May 2004
Location: All of the true things that I am about to tell you are shameless lies. --Bokonon
Posts: 2,551
Likes: 0
Received 0 Likes on 0 Posts
St. Jude Donor '04-'05-'07
Default

Originally Posted by Duck916
The numbers come out every month in Automotive News and other sources. You need to look at the inventory number--this is measured by taking the inventory against recent sales, yielding a x-day supply. Standard in the industry is a 60 day supply. If the Vette number is below that, it's selling better than normal.

For comparison, the Mini Cooper is running around an 8 day supply and the Pontiac GTO has been around 200 days(!).
Thanks for the information. Do you think this is an accurate measurement for the C6 today?
Old 09-27-2004, 03:47 PM
  #23  
_Nomad_
Team Owner
 
_Nomad_'s Avatar
 
Member Since: Apr 2002
Location: Frankenstein never scared me. Marsupials do, because they're fassst…and they DART, THAT'S crazy!
Posts: 27,691
Received 39 Likes on 28 Posts
St. Jude Donor '03-'04-'05-'06-'07-'08-'09-'10-'11-'12-'13-'14-'15-'16'-'17-'18-'19-'20-'21-'22-'23
-'24


Default

Originally Posted by AFVETTE
I just checked and Kerbeck has 6 sitting on his lot waiting to be sold.

Tom
Yeah, but for how long? Kerbeck is also one of the largest Vette dealers in the country so their allocation is HUGE!
Old 09-27-2004, 04:10 PM
  #24  
HARVEY T.GLUCK
Drifting
 
HARVEY T.GLUCK's Avatar
 
Member Since: Jul 2001
Location: OCEANSIDE,LI, NEW YORK 11572
Posts: 1,600
Received 651 Likes on 151 Posts

Default need address

Looking for address & phone # of New Rochelle Chevrolet???? HTG39@AOL.COM
Old 09-27-2004, 04:14 PM
  #25  
John George
Melting Slicks
 
John George's Avatar
 
Member Since: May 2004
Location: All of the true things that I am about to tell you are shameless lies. --Bokonon
Posts: 2,551
Likes: 0
Received 0 Likes on 0 Posts
St. Jude Donor '04-'05-'07
Default

Originally Posted by HARVEY T.GLUCK
Looking for address & phone # of New Rochelle Chevrolet???? HTG39@AOL.COM
NEW ROCHELLE CHEVROLET CO
291 MAIN ST
NEW ROCHELLE NY 10801
914 632 6400
Old 09-27-2004, 05:37 PM
  #26  
Lazerwolfe
Race Director
 
Lazerwolfe's Avatar
 
Member Since: Nov 2003
Location: I am Jack's out-dated Fight Club reference. MD
Posts: 10,115
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by _Nomad_
Yeah, but for how long? Kerbeck is also one of the largest Vette dealers in the country so their allocation is HUGE!
Hey, you took what I was gonna say!
Old 09-27-2004, 05:41 PM
  #27  
Bertsvette
Instructor
 
Bertsvette's Avatar
 
Member Since: Sep 2004
Location: Hurst Texas
Posts: 140
Likes: 0
Received 0 Likes on 0 Posts
Default sales

My dealer has gotten 4, I bought the second one and 2 more sold 1 day after being put in the showroom, I got the PR I feel lucky because their will only be a few around.
Old 09-27-2004, 06:02 PM
  #28  
BuckyThreadkiller
Successful Plumber
Support Corvetteforum!
 
BuckyThreadkiller's Avatar
 
Member Since: Feb 2001
Location: Top of the hill, 3rd mailbox on the right. Texas
Posts: 43,830
Likes: 0
Received 13 Likes on 6 Posts
CF NCM Ambassador
CI 6-7-9-10 Veteran
St. Jude Donor '06-'07-'08-'09-'10
NCM Member '09

Default

One of my favorite indicators of sales was the fact that Forum dealer Ken Fichtner had sold his entire allocation of 2005s before the plant even stopped making the 2004s.

It isn't often a dealer sells out the whole year upfront. I'd say demand is fairly strong.
Old 09-27-2004, 06:04 PM
  #29  
Zeppelin
Le Mans Master
 
Zeppelin's Avatar
 
Member Since: Mar 2004
Location: TX
Posts: 7,768
Likes: 0
Received 0 Likes on 0 Posts

Default

The fact that there are cars selling for above MSRP suggests that demand is high.
Old 09-27-2004, 06:20 PM
  #30  
sorka
Melting Slicks
 
sorka's Avatar
 
Member Since: Aug 2000
Location: los gatos, ca
Posts: 2,018
Likes: 0
Received 0 Likes on 0 Posts

Default

Originally Posted by Zeppelin
The fact that there are cars selling for above MSRP suggests that demand is high.
A window sticker above MSRP does not mean they are selling for that.
Old 09-27-2004, 06:24 PM
  #31  
S2K
Melting Slicks
 
S2K's Avatar
 
Member Since: Mar 2004
Location: Seattle WA
Posts: 2,130
Likes: 0
Received 5 Likes on 3 Posts

Default

It's very annoying to see little Honda S2000s holding much better value then vettes.
Not when you are selling your S2K and buying a C6 vert!
Old 09-27-2004, 06:40 PM
  #32  
Bobby J
Race Director
 
Bobby J's Avatar
 
Member Since: Nov 2001
Posts: 17,139
Received 4 Likes on 4 Posts

Default

I've seen post where people got their C6s for $500 below MSRP. That did not happen anywhere close to this early with the C5. Definitely not the hot ticket that the C5 was. The internet and a poorer economy are also contributing factors. And those headlights probably aren't helping either.
Old 09-27-2004, 07:15 PM
  #33  
Duck916
Team Owner
 
Duck916's Avatar
 
Member Since: Jul 2001
Location: Various places in California. Not currently aflame.
Posts: 20,514
Received 640 Likes on 395 Posts

Default

Originally Posted by John George
Thanks for the information. Do you think this is an accurate measurement for the C6 today?
Monthend is in a few days and the numbers will probably be published next Monday. I'd guess the inventory number will be very low, probably around a 10 day supply. It's early yet, though, so no number will mean much for a few months.
Old 09-27-2004, 11:40 PM
  #34  
JoesC5
Team Owner
 
JoesC5's Avatar
 
Member Since: Sep 1999
Location: Springfield MO
Posts: 41,733
Received 1,700 Likes on 1,214 Posts

Default

Originally Posted by Corvette Junkie
You are dead wrong.
No, you are dead wrong. I just ran an inventory check on 6 locations in the US. Within 220 miles radius of Springfield, MO, 26 in stock vettes. Within 240 mile radius of Jacsonville, FL, 41 in stock vettes. Within 70 mile radius of Tustin, CA, 50 in stock vettes. Within 190 mile radius of Austin, TX, 50 in stock vettes. Within 210 miles radius of Pittsburgh, PA, 50 in stock vettes. Within 150 mile radius of Chicago, IL, 50 instock vettes. Get out your atlas and you will see that none of the areas noted overlap so no vettes are counted twice. This is just six locations I checked which covers approx 5% of the land area of the US.
I found 267 C6 vettes sitting in dealers showrooms out of approx 3500 shipped to dealers. I doubt if I located more then 20% of the number of vettes that are unsold. You couldn't find hardly any C5's unsold, sitting in dealers showrooms, within 2 months of their shipping from BG in 1997.
Old 09-27-2004, 11:43 PM
  #35  
Lazerwolfe
Race Director
 
Lazerwolfe's Avatar
 
Member Since: Nov 2003
Location: I am Jack's out-dated Fight Club reference. MD
Posts: 10,115
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by Bobby J
I've seen post where people got their C6s for $500 below MSRP.
And there are people that have paid above.

The C6 is a plenty hot ticket.
Old 09-28-2004, 12:00 AM
  #36  
Vette_DD
Team Owner
Support Corvetteforum!
 
Vette_DD's Avatar
 
Member Since: May 2004
Location: Southern Middle TN
Posts: 82,197
Received 1,276 Likes on 935 Posts
St. Jude Donor '21-'22-'23-'24

Default

Originally Posted by JoesC5
I found 267 C6 vettes sitting in dealers showrooms out of approx 3500 shipped to dealers. I doubt if I located more then 20% of the number of vettes that are unsold. You couldn't find hardly any C5's unsold, sitting in dealers showrooms, within 2 months of their shipping from BG in 1997.
How many vettes were made in MY 1997? How many vettes does GM plan to make in MY 2005? Do you suppose the relationship of those two numbers means anything?

What should we be comparing, total units sold or percentage of available stock sold?

Last edited by Vette_DD; 09-28-2004 at 12:04 AM. Reason: Add info.
Old 09-28-2004, 12:36 AM
  #37  
VettXPert
Instructor
 
VettXPert's Avatar
 
Member Since: Sep 2004
Posts: 224
Likes: 0
Received 0 Likes on 0 Posts
Default

When C5 first came out there was up to a THREE MONTH wait just to get an ordering slot. FORGET dealer lot (stock) cars they were usually sold before they ever hit the ground and most Dealers were selling them over sticker. It was a good 3 model years before things settled to normal and Dealers had some lot inventory to sell. My Dealer has had 3 yes 3 C6s sitting on the lot for a good 2 weeks now and one even used already. Nope the C6 is not at all at the same demand level as C5 was when new. You can walk in today and order one right now with no waiting unless your order has a dual top or Nav system.

Get notified of new replies

To How are the initial sales of the C6 compared to the C5?

Old 09-28-2004, 02:06 AM
  #38  
richbell
Burning Brakes
Support Corvetteforum!
 
richbell's Avatar
 
Member Since: Apr 2002
Location: Austin Texas
Posts: 933
Likes: 0
Received 2 Likes on 1 Post

Default

There is another factor to consider. Not everyone is a Vette fanatic like most of us. The 97's once seen on the road brought more people into the buyers market after seeing them on the road.

We will see if the C6 attracts the correct amount of attention from the non Vette customer that wants to be a new future buyer.
Old 09-28-2004, 02:21 AM
  #39  
DudeWheresMyVette
Drifting
 
DudeWheresMyVette's Avatar
 
Member Since: Jul 2004
Location: NYC / Naples, FL C5 under construction! Arancio Atlas (Lamborghini Metallic Orange) comming soon! :)
Posts: 1,476
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by richbell
There is another factor to consider. Not everyone is a Vette fanatic like most of us. The 97's once seen on the road brought more people into the buyers market after seeing them on the road.

We will see if the C6 attracts the correct amount of attention from the non Vette customer that wants to be a new future buyer.

Very true.... not many people have been waiting on edge like we were for the c6 intro so give it some time. Damn it's only been what? A month and change? Many of the Vette guys just paid alot for their 03-04 C5s, and have taken a huge hit. Magazine press saying its a "c5 1/2" hasnt helped much eigther.
Old 09-28-2004, 10:19 AM
  #40  
Duck916
Team Owner
 
Duck916's Avatar
 
Member Since: Jul 2001
Location: Various places in California. Not currently aflame.
Posts: 20,514
Received 640 Likes on 395 Posts

Default

According to Automotive news, about 3600 C6s had been built by 9/25/04. I am not sure, but I think C5 initial production ramped up much more slowly.

I wouldn't expect C6s to be quite as hard to get or a expensive to buy as the initial C5s were, for several reasons. C5 followed a very long run of C4s, C5 was a more radical departure than the C6 is, and the world of car marketing has changed. When the C5 came out you only saw rebates on slow sellers. Now the domestics give rebates on just about everything and then add 0% financing. We've become accustomed to discounts and therefore I think fewer people are willing to pay over sticker than before.


Quick Reply: How are the initial sales of the C6 compared to the C5?



All times are GMT -4. The time now is 01:08 AM.