Price gouging dealers!!!
#1
Lifetime Vette Lover
Thread Starter
Price gouging dealers!!!
Surfing Ebay to see what Stingrays were on and the only ones I found are from greedy, self-serving dealers that price gouge! Looks like one if $5000 over and one is $10000 over. There were plenty more but all over MSRP!
http://cgi.ebay.com/ebaymotors/Chevrolet-Corvette-Stingray-Coupe-2-Door-2014-corvette-wz-51-3-lt-/331038305017?pt=US_Cars_Trucks&hash=item4d136baaf9&vxp=mtr
http://cgi.ebay.com/ebaymotors/Chevrolet-Corvette-3LT-14-corvette-stingray-5000-buy-it-now-over-msrp-/171143214479?pt=US_Cars_Trucks&hash=item27d8ee358f&vxp=mtr
http://cgi.ebay.com/ebaymotors/Chevrolet-Corvette-Stingray-Coupe-2-Door-2014-corvette-wz-51-3-lt-/331038305017?pt=US_Cars_Trucks&hash=item4d136baaf9&vxp=mtr
http://cgi.ebay.com/ebaymotors/Chevrolet-Corvette-3LT-14-corvette-stingray-5000-buy-it-now-over-msrp-/171143214479?pt=US_Cars_Trucks&hash=item27d8ee358f&vxp=mtr
#3
Advanced
This is nothing new . . .
Remember the last redesign of the Ford Thunderbird? It's now considered a failure and there were DEALERS in my area paying up to $7000 over MSRP just to get one.
Remember the PT Cruiser? People were paying over sticker AND waiting A YEAR to get one.
Remember Cabbage Patch dolls? Oops, never mind. Too far!
This too shall pass but it's going to take a while. Maybe next summer or a year from now things will cool off a bit. What I've been looking for is a killer deal on a leftover C6 but the factory is only offering a measly $2k. The dealers are giving decent deals but they can only go so far without help from GM in the form of juicy rebates and incentives.
Remember the last redesign of the Ford Thunderbird? It's now considered a failure and there were DEALERS in my area paying up to $7000 over MSRP just to get one.
Remember the PT Cruiser? People were paying over sticker AND waiting A YEAR to get one.
Remember Cabbage Patch dolls? Oops, never mind. Too far!
This too shall pass but it's going to take a while. Maybe next summer or a year from now things will cool off a bit. What I've been looking for is a killer deal on a leftover C6 but the factory is only offering a measly $2k. The dealers are giving decent deals but they can only go so far without help from GM in the form of juicy rebates and incentives.
#5
Race Director
Member Since: Jun 2006
Location: Lawton, OK
Posts: 10,306
Received 9,530 Likes
on
2,322 Posts
C7 & C8 Events Correspondent
Tech Contributor
2020 C8 of the Year Finalist - Unmodified
2020 Corvette of the Year (track prepared)
2020 Corvette of the Year Finalist (appearance mods)
C7 of Year Winner (appearance mods) 2019
2017 C7 of Year Finalist
2015 C7 of the Year
St. Jude Donor '14-'15-'16-'17-'18-'19
Price gouging is defined as "pricing above the market price when no alternative retailer is available." Alternatives are available, so charging more than MSRP is not gouging.
With all due respect, why does it matter what someone tries to sell a vehicle for? Even MSRP stands for "manufacturer's suggested retail price." I don't see anything wrong with the free market dictating the price. A car is worth what someone is willing to pay for it, not what the manufacturer or NADA or KBB say it's worth.
When dealers are advertising Corvettes below MSRP will you cry out on behalf of the dealers? Aren't they being "gouged" by the customers at that point?
And why did you post in the C7 for sale forum? Just wondering...
With all due respect, why does it matter what someone tries to sell a vehicle for? Even MSRP stands for "manufacturer's suggested retail price." I don't see anything wrong with the free market dictating the price. A car is worth what someone is willing to pay for it, not what the manufacturer or NADA or KBB say it's worth.
When dealers are advertising Corvettes below MSRP will you cry out on behalf of the dealers? Aren't they being "gouged" by the customers at that point?
And why did you post in the C7 for sale forum? Just wondering...
#6
Le Mans Master
Price gouging is defined as "pricing above the market price when no alternative retailer is available." Alternatives are available, so charging more than MSRP is not gouging.
With all due respect, why does it matter what someone tries to sell a vehicle for? Even MSRP stands for "manufacturer's suggested retail price." I don't see anything wrong with the free market dictating the price. A car is worth what someone is willing to pay for it, not what the manufacturer or NADA or KBB say it's worth.
When dealers are advertising Corvettes below MSRP will you cry out on behalf of the dealers? Aren't they being "gouged" by the customers at that point?
And why did you post in the C7 for sale forum? Just wondering...
With all due respect, why does it matter what someone tries to sell a vehicle for? Even MSRP stands for "manufacturer's suggested retail price." I don't see anything wrong with the free market dictating the price. A car is worth what someone is willing to pay for it, not what the manufacturer or NADA or KBB say it's worth.
When dealers are advertising Corvettes below MSRP will you cry out on behalf of the dealers? Aren't they being "gouged" by the customers at that point?
And why did you post in the C7 for sale forum? Just wondering...
#7
Lifetime Vette Lover
Thread Starter
Price gouging is defined as "pricing above the market price when no alternative retailer is available." Alternatives are available, so charging more than MSRP is not gouging.
With all due respect, why does it matter what someone tries to sell a vehicle for? Even MSRP stands for "manufacturer's suggested retail price." I don't see anything wrong with the free market dictating the price. A car is worth what someone is willing to pay for it, not what the manufacturer or NADA or KBB say it's worth.
When dealers are advertising Corvettes below MSRP will you cry out on behalf of the dealers? Aren't they being "gouged" by the customers at that point?
And why did you post in the C7 for sale forum? Just wondering...
With all due respect, why does it matter what someone tries to sell a vehicle for? Even MSRP stands for "manufacturer's suggested retail price." I don't see anything wrong with the free market dictating the price. A car is worth what someone is willing to pay for it, not what the manufacturer or NADA or KBB say it's worth.
When dealers are advertising Corvettes below MSRP will you cry out on behalf of the dealers? Aren't they being "gouged" by the customers at that point?
And why did you post in the C7 for sale forum? Just wondering...
#8
Race Director
Member Since: Jun 2006
Location: Lawton, OK
Posts: 10,306
Received 9,530 Likes
on
2,322 Posts
C7 & C8 Events Correspondent
Tech Contributor
2020 C8 of the Year Finalist - Unmodified
2020 Corvette of the Year (track prepared)
2020 Corvette of the Year Finalist (appearance mods)
C7 of Year Winner (appearance mods) 2019
2017 C7 of Year Finalist
2015 C7 of the Year
St. Jude Donor '14-'15-'16-'17-'18-'19
#9
Drifting
Member Since: Aug 2006
Location: Plano TX
Posts: 1,662
Likes: 0
Received 0 Likes
on
0 Posts
Same thing with most new model cars. I was looking at the new Subaru BRZ and Scion FRS when they first came out. Due to such high popularity and demand, dealerships were loading them up with all the options they could which jacked up the MSRP of $19999 all the way to $28-32k. It was ridiculous...yet people were happy to pay it cause they wanted the car so bad. Give it time and they'll drop just like they always do.
#11
Advanced
Member Since: Sep 2005
Location: Greenwell Springs Louisiana
Posts: 53
Likes: 0
Received 0 Likes
on
0 Posts
The car listed on E-Bay located in Baton Rouge smells fishy. The dealer that has it listed is the Dodge Dealer and the tags on the car show it to be at Gerry Lane Chevrolet, which is one of the Chevy dealers intown and are not affiliated with each other.
#13
Burning Brakes
Member Since: Nov 2002
Location: Houston Texas
Posts: 1,026
Received 267 Likes
on
130 Posts
2024 Corvette of the Year Finalist - Modified
2023 C5 of the Year Winner - Modified
2023 Corvette of the Year Finalist (C8) - Modified
2023 Corvette of the Year Finalist (C6) - Modified
2022 C8 of the Year Winner - Modified
2022 C6 of the Year Winner - Modified
I received an email today from one of the local chevy dealers in Vegas stating they just received shipment of the new Stingray. I asked if they were selling for MRSP. He said no. Mark up is $7500. I know the other local Chevy dealers will follow. I told him thanks BUT not thanks and referred him to this post.
#15
Race Director
Member Since: Jun 2006
Location: Lawton, OK
Posts: 10,306
Received 9,530 Likes
on
2,322 Posts
C7 & C8 Events Correspondent
Tech Contributor
2020 C8 of the Year Finalist - Unmodified
2020 Corvette of the Year (track prepared)
2020 Corvette of the Year Finalist (appearance mods)
C7 of Year Winner (appearance mods) 2019
2017 C7 of Year Finalist
2015 C7 of the Year
St. Jude Donor '14-'15-'16-'17-'18-'19
#17
Indeed . You have to be crazy to pay above MSRP for a Corvette. And love attention to pay MSRP, with all the problems they're bound to have, and knowing in a month or two they could be had for thousands less. Not a financially wise decision just to be the first kid on the block with one for a few weeks. But to each his own. At least those folks are assuring those dealers will stay in business longer than otherwise . Good for the economy .