[ZR1] ZR1 production raised from 2000 to UNLIMITED!
06-22-2008, 06:25 AM
#81
Safety Car
Member Since: Dec 2006
Location: Dalllas/Ft Worth Area TX
Posts: 4,642
Likes: 0
Received 8 Likes
on
8 Posts
...I am saying that dealerships might be better off developing return customers rather than make an extraordinary profit selling a one off car. Many more people buy a basic Chevrolet than a $100,000 car. As someone who made a few dollars, it just makes sense to develop a strong customer base that passes up the other guy on his way to your store. Best
06-22-2008, 11:33 AM
#82
Racer
Member Since: Feb 2008
Location: Chandler AZ
Posts: 410
Likes: 0
Received 0 Likes
on
0 Posts
GM has a tremendous customer base for the Corvette. How many other cars in the world have museums dedicated to them? Corvette has survived many decades and has evolved in a way that keeps it relevent and exceptional in terms of performance and styling. As far as complaints about quality the data simply does not support the statement that there are quality problems. Are the cars perfect? No, you want perfection dig deeper into your wallet because in order to keep a car at a reasonable cost you have to live with some level of imperfection. This is however a delima for the ZR1, given its price it needs to have a much higher level of scrutiny then GM is used to. I think they will pull it off.
06-22-2008, 05:14 PM
#83
Pro
Member Since: Feb 2007
Location: DAYTONA Florida
Posts: 536
Likes: 0
Received 0 Likes
on
0 Posts
I agree. They have stated publicly that supplier constraints will limit them to 2000 units per year. They have also stated that the first year will be less than the 2000 units. I'm sure it is taking time for suppliers and GM to ramp up. I am sure the carbon fiber pieces will be a big part of the constraint regarding suppliers. Remember the Z16 hood fiasco. They had a hard time getting enough hoods for those. They only built 2025 that year. Yes I know the Z06 has some CF parts and they have made progress in the last few years with suppliers making CF.
I can not believe that they will build as many as dealers want to order. They didn't even do that with Z06s during C5 or C6 generation. Dealers can only order as many Vettes as they are allocated and that applies to coupes, verts, and Z06s. It certainly will apply to ZR1s. That is why they sent out allocation letters so the dealers know what to expect so they can communicate that to their customers and only take orders for as many cars as they expect to get. At least that is what the honest dealers do.
I can not believe that they will build as many as dealers want to order. They didn't even do that with Z06s during C5 or C6 generation. Dealers can only order as many Vettes as they are allocated and that applies to coupes, verts, and Z06s. It certainly will apply to ZR1s. That is why they sent out allocation letters so the dealers know what to expect so they can communicate that to their customers and only take orders for as many cars as they expect to get. At least that is what the honest dealers do.
06-22-2008, 05:35 PM
#85
Racer
Member Since: Jun 2006
Posts: 331
Likes: 0
Received 0 Likes
on
0 Posts
Everyone that wants one will get one. You think GM is going to turn someone down willing to write them a check for 125k? Production line capacity? The guy waitng on a base C6 order will take his turn in line behind all the ZR1 orders if this becomes an issue.
06-22-2008, 05:47 PM
#86
Pro
Member Since: Feb 2007
Location: DAYTONA Florida
Posts: 536
Likes: 0
Received 0 Likes
on
0 Posts
06-22-2008, 06:46 PM
#87
Melting Slicks
Member Since: Sep 2006
Location: San Mateo CA
Posts: 2,173
Likes: 0
Received 0 Likes
on
0 Posts
GM has stated that the restriction is due to supplier limitations, as others have said, namely CF parts. If they increase production beyond 2000, it's not because they changed their mind, it's because they were able to convince their suppliers to ramp up at a cost that GM likes.
06-22-2008, 07:53 PM
#88
Safety Car
Still suprised no one has confirmation either way on this. I am leaning towards them just building the allocation that they sent to their dealers and IF they can fit more down the line they will. I would not count on that promise to lower any of the dealer mark ups though. Can't a saleman on the board with no alloction try to enter in an order and see what happens? If I were a slaesman I woul dhave done that the second after reading the thread.
06-22-2008, 11:23 PM
#89
c5-pewter
Member Since: Mar 2006
Location: Coconut Creek Florida 33066
Posts: 488
Received 0 Likes
on
0 Posts
St. Jude Donor '08
GM is in the toilet. I assure all of you they will build as many of their hottest cars they can. Thats basic economics.
Any of you who think they they are going to limit production so the dealers can screw us is nuts. GM has no interest in high dealer profits at corporate expense.
Any of you who think they they are going to limit production so the dealers can screw us is nuts. GM has no interest in high dealer profits at corporate expense.
Don't have sufficient sources to claim that GM is in the toilet. However, I agree with the rest of the statement. Alas, it is a Corporation's obligation, to its shareholders, to function in its own self interest, and to "Maximize" its own profits. Expect GM to do what's best for GM - as it should be!GRT
No, I do not own GM stock, but I'm a rabid capitalist.
Last edited by c5-pewter; 06-22-2008 at 11:26 PM. Reason: punctuation
06-23-2008, 12:03 AM
#90
c5-pewter
Member Since: Mar 2006
Location: Coconut Creek Florida 33066
Posts: 488
Received 0 Likes
on
0 Posts
St. Jude Donor '08
I have been saying that from day one, they just wanted to create a buzz, people are in such denial if they think any company is going to not take more money from the consumer if they have the chance. They produce over 40 thousand Corvettes/ year, regardless of how great the Zr1, and the Z06 perform, in all late model Corvette's there is no such thing as rarity, look at what happened to the original ZR-1, which I consider to be a much more rare car(they can be had in the 20k range), just for the Fact that the LT5, was a completely different engine(Lotus), 3 year old C6 Z06's can now be had in the high 40's. There is no doubt the new ZR1 is a beast, the trap speeds alone are good for 10's, the top speed is awesome, around a course is its weakest point, but it will still shine(read the new corvette quarterly). Fact but still is a corvette using a hopped up version of the base motor, Z06 chassis, and aftermarket bolt-ons, its not very original, I will still buy one however, but I'll wait a few years, when it can be had in the 60k range. The days of rare corvettes are over, lets drive the hell out of them, and whip all the Euro cars, with good old American muscle. Right on! Couldn't agree more! GRT
06-23-2008, 10:06 AM
#92
Guest
Posts: n/a
Business 101 - produce products what makes you money and stop producing products that do not make money. GM would be crazy not to increase the production of a high demand - high margin unit at the sacrafice of a high volume - low margin unit. GM doesn't see a penny of the "market adjustment". For those of you familiar with tooling / manufacturing, your price per unit decreases the more units you manufacture, up to the point you have to add tooling or remanufacture the tooling. If I was a GM supplier in a downturned market, bet your a$$ I would increase production to sell more units, thus decrease your cost per unit and increase margin.
06-23-2008, 10:16 AM
#93
Team Owner
There is no reason to think that a mass produced car like the ZR1 can't be had for $60K in three years or so and probably about $30K in ten to fifteen.
06-23-2008, 10:24 AM
#94
Melting Slicks
it will depreciate in value as all late model vettes do.....
06-23-2008, 10:52 AM
#95
Banned Scam/Spammer
This reminds me of the 07 Shelby GT500s. "Limited", "Rare", "Exclusive", huge ADMs ferociously defended by retailers and the enthusiasts. Initial production was 3-5 thousand units increased and strictly limited @ 7,000. Couldn't possibly build more than that according to the ADM drumbeaters. Nearly 11,000 units were made available for 07! It must have been a miracle.
06-23-2008, 11:44 AM
#96
Racer
Member Since: May 2006
Location: San Diego County CA
Posts: 255
Likes: 0
Received 0 Likes
on
0 Posts
With crude oil near $140US/Barrel, the price of ULP here in Oz is $1.67AUS p/litre or $7.58AUS p/gallon. That's about $7.20US p/gallon with an exchange rate of $1.00AUS = $0.95US.
FWIW diesel is $1.86AUS p/litre or $8.44AUS p/gallon = $8.02US p/gallon.
What perceived impact; if any, do you think there will be upon the demand for the Corvette ZR1 "if" the price of crude oil continues its upward price spirals?
Regards from across the pond.
FWIW diesel is $1.86AUS p/litre or $8.44AUS p/gallon = $8.02US p/gallon.
What perceived impact; if any, do you think there will be upon the demand for the Corvette ZR1 "if" the price of crude oil continues its upward price spirals?
Regards from across the pond.
Cheers;
06-23-2008, 02:40 PM
#97
06-23-2008, 08:34 PM
#98
Still suprised no one has confirmation either way on this. I am leaning towards them just building the allocation that they sent to their dealers and IF they can fit more down the line they will. I would not count on that promise to lower any of the dealer mark ups though. Can't a saleman on the board with no alloction try to enter in an order and see what happens? If I were a slaesman I woul dhave done that the second after reading the thread.
