When will the C7 be sold at 10k under MSRP?
#22
Drifting
Thread Starter
I grabbed a 2013 with an automatic for 39K after rebates and 1k gmcard. That is around 12k under MSRP. I call that a great deal. If I had 3k on my GMCard I could have had it for 37k as they lifted the restriction.
I am hoping that I can do something close to that on a C7 in 4 years.
I am hoping that I can do something close to that on a C7 in 4 years.
#23
Race Director
Clearly the 7th year of c7 production will allow for 10 grand off...
Till then pony up the extra cash and prepare to pay near msrp ...
Which in the case of this amazingly fast c7 is more than fair...
The only other way to get ten grand grand off sticker is to buy an off lease special 36 months from this falls actual release of new cars
Jmo
Till then pony up the extra cash and prepare to pay near msrp ...
Which in the case of this amazingly fast c7 is more than fair...
The only other way to get ten grand grand off sticker is to buy an off lease special 36 months from this falls actual release of new cars
Jmo
#24
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St. Jude Donor '15
"In honor of jpee"
Sorry to say, my crystal ball says you won't see $9k off a no-options base C7 anytime soon. Maybe never.
OTOH, right now you might find $9k off a 2013 C6.
Here's one while-it-lasts: http://forums.corvetteforum.com/c6-d...l-must-go.html
OTOH, right now you might find $9k off a 2013 C6.
Here's one while-it-lasts: http://forums.corvetteforum.com/c6-d...l-must-go.html
BUT, as said above, there won't be $10K off a very base, no-options Stingray. Matter of fact, there never was, even in the C6 era. There was, however, as much as $5K off a stripped, no-option C6 which began as early as '07 models, the third model year.
As to GM making cars, and lots of them regardless of how they sell at the dealers, that's possible but not probable. And very unlikely. Witness: the last three or so model years of C6. GM did not produce the 2008 run of 35,000 cars in '09, '10, '11, '12, etc. In most of those years, every year they trimmed production numbers in anticipation of lowered demand for the next year.
And as to making, or not making money on 12,000 cars sold per year, with the sunk costs already paid off years ago during the C6 run, modified wages and benefits, as well as the sharing of parts among lines/models, I'd say the car was profitable for GM even with about 1,000+ units sold per month in the last two years. At least, if I were in finance/accounting, I could make the case for GM. And I bet the smart types at GM could do the same for the C7 model run, too.
Last edited by AORoads; 06-22-2013 at 10:08 AM.
#25
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St. Jude Donor '06-'07-'08-'09-'10-'11-'12-'13-'14-'15- '16-'17-‘18-‘19-'20-'21
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Do you guys think that the end of the third year will net us 10k under MSRP? I am wondering how long I will have my 2013. I won't buy a new car at anything close to MSRP but will probably feel the temptation when the C7 hits the streets. 10k under MSRP is my breaking point in most cases. I include my 1000 GMCard rebate in that so I need 9K under MSRP in other forms of discounts and rebates on a 1LT.
#27
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Who has that crystal ball? What will the economy do? What if we have another terrorist attack? And most important what if god forbid we get a medical challenge which makes us wish we paid sticker??????????
#29
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St. Jude Donor '06-'07-'08-'09-'10-'11-'12-'13-'14-'15- '16-'17-‘18-‘19-'20-'21
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God forbid my ex wife should move back here from Canada ..................
#30
Team Owner
GM doesn't give a crap how much the dealers make on the C7. They make money by cranking cars out, and even if they have to offer a $3000 rebate they can make way more money selling 50% more vettes. There is a tremendous fixed overhead to run any UAW or CAW automotive plant and that must be covered by higher production levels.
At 1,000 cars a month they can't make money on the vette
At 1,000 cars a month they can't make money on the vette
GM had the plant designed to run at 18.5 units per hour for the C5 and the C6(up until the economy bust). They then cut it back to 11 units per hour and then cut it back to 8 units per hour.
For the C7, they have the line back to 18 per hour. They plan on spitting them out as fast as possible and will discount them(through incentives to their dealers) to keep production up the plant, when the retail demand drops(and it will).
#31
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St. Jude Donor '06-'07-'08-'09-'10-'11-'12-'13-'14-'15- '16-'17-‘18-‘19-'20-'21
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Correct....
GM had the plant designed to run at 18.5 units per hour for the C5 and the C6(up until the economy bust). They then cut it back to 11 units per hour and then cut it back to 8 units per hour.
For the C7, they have the line back to 18 per hour. They plan on spitting them out as fast as possible and will discount them(through incentives to their dealers) to keep production up the plant, when the retail demand drops(and it will).
GM had the plant designed to run at 18.5 units per hour for the C5 and the C6(up until the economy bust). They then cut it back to 11 units per hour and then cut it back to 8 units per hour.
For the C7, they have the line back to 18 per hour. They plan on spitting them out as fast as possible and will discount them(through incentives to their dealers) to keep production up the plant, when the retail demand drops(and it will).
#32
Le Mans Master
Whatever fantasy world you are living in, I'm sure it's an exciting place... You go ahead and believe in UFO's and Bigfoot along with your 10K off in the second model year of a completely new generation corvette, when it doesn't happen, perhaps you could look into a used moo-stang, the dreamers on this board make me laugh...
But, but, I got 10k off my C6 near the end of the model run, but but I got 8k off because the demand wasn't as high for the C6 as the C5....
why, why, why, I want my discounts...
Yes, when the C8 comes out and they are looking to dump C7's 6 or 7 years from now, you can get your 10k off then, in the meantime, enjoy what you have, we will be enjoying our Stingray's now...
It's not FAIR, what about the RECESSION, :
I want my discounts....
But, but, I got 10k off my C6 near the end of the model run, but but I got 8k off because the demand wasn't as high for the C6 as the C5....
why, why, why, I want my discounts...
Yes, when the C8 comes out and they are looking to dump C7's 6 or 7 years from now, you can get your 10k off then, in the meantime, enjoy what you have, we will be enjoying our Stingray's now...
It's not FAIR, what about the RECESSION, :
I want my discounts....
#33
Team Owner
You are certainly entitled to your opinion (albeit just a tad obnoxious). If you read my post closely, you would have seen that I was considering the $3000.00 Corvette loyalty discount, as well as the $3000.00 capped out GM card. Throw a $1500.00 rebate in there and all I am asking the dealer for is $2500.00 off the over $5000.00 profit he would be making on the car. This does not even include the 3% GM dealer holdback. All in all a very doable deal once the "newness" of the car wears off. You can call it "fantasy" all you want, but that is how the car business has been working since the 1940s. I am pretty sure one interesting new model is not going to change a paradigm established decades ago. If you do believe things are going to suddenly change to that extent, then I would suggest it is you my friend living in fantasy land.
MSRP of my loaded 64 was a little over $4900 and the selling price was $4,191(not including sales tax, title or tags). A 14.4% discount off MSRP just one year into the C2's run.
So a 14.4% discount on a one year old loaded C7 at $65,000 would be $9360.
It happened in 1964, so it can happen 50 years later in 2014.
#34
Race Director
GM will build exactly the number of cars that the deakers order, plain and simple. Once the plant is operating at full speed, production numbers are determined by dealers, not GM. The only possible exception would be if the plant is operating at full capacity and still cannot meet demand, an unlikely scenario.
#35
Team Owner
GM will build exactly the number of cars that the deakers order, plain and simple. Once the plant is operating at full speed, production numbers are determined by dealers, not GM. The only possible exception would be if the plant is operating at full capacity and still cannot meet demand, an unlikely scenario.
In other words, GM has the means to boost sales to keep the line moving in Bowling Green when the demand drops in the dealer's showroom. GM does not just set on it's butt and wait for the dealers to order.
Oh, and just like in the past, GM has the capability to work overtime to meet orders from their dealers. An hour a day plus eight on Saturday equals a 30% increase in production each week.
Last edited by JoesC5; 06-22-2013 at 01:16 PM.
#36
Race Director
While your statement is true about GM only building C7's that the dealers order, GM will offer incentives to the dealers to maintain production when the dealer's orders start to fall off. The dealers will then have some additional wiggle room to offer discounts to their customers in order to boost sales. If that's not enough to spur sales, then GM will offer incentives directly to the retail customer to spur sales. Then the dealers will turn around and order more C7's from GM.
In other words, GM has the means to boost sales to keep the line moving in Bowling Green when the demand drops in the dealer's showroom. GM does not just set on it's butt and wait for the dealers to order.
Oh, and just like in the past, GM has the capability to work overtime to meet orders from their dealers. An hour a day plus eight on Saturday equals a 30% increase in production each week.
In other words, GM has the means to boost sales to keep the line moving in Bowling Green when the demand drops in the dealer's showroom. GM does not just set on it's butt and wait for the dealers to order.
Oh, and just like in the past, GM has the capability to work overtime to meet orders from their dealers. An hour a day plus eight on Saturday equals a 30% increase in production each week.
#38
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Originally Posted by Greg00Coupe
Who has that crystal ball? What will the economy do? What if we have another terrorist attack? And most important what if god forbid we get a medical challenge which makes us wish we paid sticker??????????
Isn't the ex wife moving back the same thing as a terrorist attack !!
Who has that crystal ball? What will the economy do? What if we have another terrorist attack? And most important what if god forbid we get a medical challenge which makes us wish we paid sticker??????????
Isn't the ex wife moving back the same thing as a terrorist attack !!
#40
Team Owner