C7 General Discussion General C7 Corvette Discussion not covered in Tech
Sponsored by:
Sponsored by:

February 2014 Corvette sales - 2,438 . . .

Thread Tools
 
Search this Thread
 
Old 03-21-2014, 12:29 PM
  #21  
teejake
Lifetime Supporting Gold
Support Corvetteforum!
 
teejake's Avatar
 
Member Since: Sep 2004
Location: Katy TX
Posts: 1,681
Received 107 Likes on 78 Posts

Default

Originally Posted by RJRSW
2007 was the best corvette sales year since the 1984 model year and averaged over 3380 sales per month.

At the average monthly rate the 2014 is selling they will need to nearly double the February 2,438 total to average around 5,000 a month for the next six months to match the 2007 total of 40,561 sold.
07 was the year I bought my C6, unlike this time around with the C7 I did not want to buy the first model year of a car (I know there are many on here that do not want the first year of the C7), the extra year I waited was just personal timing issues. It will be interesting to see if volume builds in the C7 as well once the first model year is over. As for the price increases impating buyers I think for he most part the buyers impacted by it will be those who were currently in the market and got caught by the price change, for the buyers in the future who were not out looking now the price will just be the price.
Old 03-24-2014, 03:02 PM
  #22  
Hirohawa
Le Mans Master
 
Hirohawa's Avatar
 
Member Since: Jan 2002
Location: Venice, CA
Posts: 6,075
Received 248 Likes on 158 Posts

Default

First year sales on the 2005 C6 where just shy of 38,000 units.

After all the hype lets see where the numbers are for the C7. Did all those younger buyers and potential Porsche buyers really make this the best selling Vette ever? Or did the "Envelope" pushing design keep people away. We'll know in a few short months.
Old 03-24-2014, 03:13 PM
  #23  
BlueOx
Race Director
 
BlueOx's Avatar
 
Member Since: Feb 2012
Posts: 10,776
Likes: 0
Received 6 Likes on 6 Posts
Default

Originally Posted by Hirohawa
First year sales on the 2005 C6 where just shy of 38,000 units.

After all the hype lets see where the numbers are for the C7. Did all those younger buyers and potential Porsche buyers really make this the best selling Vette ever? Or did the "Envelope" pushing design keep people away. We'll know in a few short months.
And here I just assumed nobody was dumb enough to equate today's economy to 2005's economy. And who ever said they thought C7 sales would hit 2005 numbers?
Old 03-24-2014, 03:15 PM
  #24  
sledmaster
Racer
 
sledmaster's Avatar
 
Member Since: Mar 2011
Posts: 325
Likes: 0
Received 6 Likes on 5 Posts
Default

I would like to see sales drop so we can get the huge discounts like the c6 had. Then i will buy.
Old 03-24-2014, 03:19 PM
  #25  
ATX-C7
Melting Slicks
 
ATX-C7's Avatar
 
Member Since: Feb 2014
Location: Austin Texas
Posts: 2,406
Likes: 0
Received 3 Likes on 3 Posts
NCM Sinkhole Donor
Default

Originally Posted by sledmaster
I would like to see sales drop so we can get the huge discounts like the c6 had. Then i will buy.
Doesn't look like you'll be buying anytime soon
Old 03-24-2014, 03:26 PM
  #26  
Snorman
Scraping the splitter.
Support Corvetteforum!
 
Snorman's Avatar
 
Member Since: Jun 2005
Posts: 8,115
Received 1,028 Likes on 486 Posts
St. Jude Donor '13-'14-'15

Default

Originally Posted by Hirohawa
First year sales on the 2005 C6 where just shy of 38,000 units.

After all the hype lets see where the numbers are for the C7. Did all those younger buyers and potential Porsche buyers really make this the best selling Vette ever? Or did the "Envelope" pushing design keep people away. We'll know in a few short months.
We'll know in late-September/early-October, the ~one year anniversary of initial customer deliveries, or...six months from now.
Production should be around ~20,000 by this point, as it was over 18k a few weeks ago. It wouldn't surprise me if they have sold well over 18,000 cars in six months.
S.
Old 03-24-2014, 03:27 PM
  #27  
Zee51Vert
Pro
 
Zee51Vert's Avatar
 
Member Since: Jul 2013
Location: Montreal Quebec
Posts: 701
Received 16 Likes on 11 Posts

Default

Originally Posted by ATX-C7
Doesn't look like you'll be buying anytime soon
Agreed...and with 4 months of production left and 20,000 units built to date (almost..) we are looking at low 30,000's for first model year C7.

Add to that crap economy still and late production start (late sept?) this puppy is selling very well thank you...
Old 03-24-2014, 03:28 PM
  #28  
RJRSW
Melting Slicks
 
RJRSW's Avatar
 
Member Since: Apr 2010
Location: Tucson Arizona
Posts: 3,191
Received 45 Likes on 31 Posts

Default

Originally Posted by sledmaster
I would like to see sales drop so we can get the huge discounts like the c6 had. Then i will buy.
That huge discount period didn't occur till later in the C6 run, the initial years they were going at MSRP or more.

$5k over was very common in the 2005 model year.

Originally Posted by ATX-C7
Doesn't look like you'll be buying anytime soon
I certainty wouldn't put any money on the big discounts not showing up during the 2014 model run. When the inventory starts to build up on dealers lots and the dealers quit ordering it will start very quickly or BG will be taking some time off.
Old 03-24-2014, 03:34 PM
  #29  
onthebottom
Pro
 
onthebottom's Avatar
 
Member Since: Aug 2013
Posts: 698
Likes: 0
Received 5 Likes on 3 Posts
Default

They had built at least 18453 by March 13th, I know because it's sitting in the garage
Old 03-24-2014, 03:46 PM
  #30  
Snorman
Scraping the splitter.
Support Corvetteforum!
 
Snorman's Avatar
 
Member Since: Jun 2005
Posts: 8,115
Received 1,028 Likes on 486 Posts
St. Jude Donor '13-'14-'15

Default

Originally Posted by Zee51Vert
Agreed...and with 4 months of production left and 20,000 units built to date (almost..) we are looking at low 30,000's for first model year C7.

Add to that crap economy still and late production start (late sept?) this puppy is selling very well thank you...
These are the sales (deliveries) since the C7 became available to customers (only showed August and September to illustrate the level of C6 sales as C7 started):
August 655
September 831
------------------
October 3929
November 2527
December 3005
January 2261
February 2438
Total 14160

I would guess sales started increasing in March as the weather broke in many parts of the country. If you look at historical sales data from the C6, volumes increase through March and April in nearly every year of production. Would not be surprising to see over 3000 in March and more than that in April. It seems like the car is selling quite well.
S.
Old 03-24-2014, 03:51 PM
  #31  
BigJoe
Race Director

Support Corvetteforum!
 
BigJoe's Avatar
 
Member Since: Jun 2000
Location: Hurst, TX USA
Posts: 13,733
Received 64 Likes on 43 Posts

Default

I helped... Bought mine from stock on 2/1/14. I go to the same dealer once a month for a Corvette Club meeting and I never see the same C7s parked in their lot. They must be turning over pretty quickly.
Old 03-24-2014, 03:53 PM
  #32  
RJRSW
Melting Slicks
 
RJRSW's Avatar
 
Member Since: Apr 2010
Location: Tucson Arizona
Posts: 3,191
Received 45 Likes on 31 Posts

Default

Originally Posted by onthebottom
They had built at least 18453 by March 13th, I know because it's sitting in the garage
It would be interesting to know how many of those built or sitting in dealer inventory unsold and how many have actually been delivered to buyers across the entire US. That would be the true picture of how the C7 is doing. I seriously doubt that the bean counters at GM were high fiving each other over around 2400 produced in February.

There are tons of vettes near the area where I live in Tucson and not at all unusual to see 4 or 5 in the parking lot when I go to the grocery store. The last time I went shopping there were 3 other vette converts parked within a 100' of mine including a 60th anniversary edition 427 convert. I did not see the first C7 until a couple of weeks ago and none since then.

Last edited by RJRSW; 03-24-2014 at 03:56 PM.
Old 03-24-2014, 03:54 PM
  #33  
BigJoe
Race Director

Support Corvetteforum!
 
BigJoe's Avatar
 
Member Since: Jun 2000
Location: Hurst, TX USA
Posts: 13,733
Received 64 Likes on 43 Posts

Default

Originally Posted by Snorman
These are the sales (deliveries) since the C7 became available to customers (only showed August and September to illustrate the level of C6 sales as C7 started):
August 655
September 831
------------------
October 3929
November 2527
December 3005
January 2261
February 2438
Total 14160
But do those numbers include left over C6 sales, especially in Oct - Dec? There was a lot of discounting of C6s going on just after the C7 launch...
Old 03-24-2014, 04:01 PM
  #34  
Snorman
Scraping the splitter.
Support Corvetteforum!
 
Snorman's Avatar
 
Member Since: Jun 2005
Posts: 8,115
Received 1,028 Likes on 486 Posts
St. Jude Donor '13-'14-'15

Default

Originally Posted by BigJoe
But do those numbers include left over C6 sales, especially in Oct - Dec? There was a lot of discounting of C6s going on just after the C7 launch...
Who knows. But I am sure there are some who will claim that all of the sales numbers since the C7 has been available include a substantial volume of C6's
S.
Old 03-24-2014, 04:06 PM
  #35  
2K3Z06
Burning Brakes
 
2K3Z06's Avatar
 
Member Since: Jun 2004
Location: KADS- If it has wings or an engine, I can break it. Dallas TX
Posts: 1,184
Likes: 0
Received 3 Likes on 3 Posts

Default

With that many built. There will be tons in the resale market, in a short time. Which might led to a drop in demand.

Who knows
Old 03-24-2014, 04:12 PM
  #36  
BigJoe
Race Director

Support Corvetteforum!
 
BigJoe's Avatar
 
Member Since: Jun 2000
Location: Hurst, TX USA
Posts: 13,733
Received 64 Likes on 43 Posts

Default

Originally Posted by Snorman
Who knows. But I am sure there are some who will claim that all of the sales numbers since the C7 has been available include a substantial volume of C6's
S.
Nah, I'm not one of the (many) C7 haters... It just looks like the Oct to Dec numbers are inflated compared to Jan-Feb. I would guess some is because of C6 sales; they would be winding down by the time Jan rolled around. If so the total C7s sold would be in the 11-12K range, which is still good considering the weather in most of the US. If they have made over 18K units by now the dealer inventory should be picking up. With the weather clearing and more units available for impulse buyers there should be a big jump in Apr-May.
Old 03-24-2014, 04:12 PM
  #37  
ATX-C7
Melting Slicks
 
ATX-C7's Avatar
 
Member Since: Feb 2014
Location: Austin Texas
Posts: 2,406
Likes: 0
Received 3 Likes on 3 Posts
NCM Sinkhole Donor
Default

Originally Posted by 2K3Z06
With that many built. There will be tons in the resale market, in a short time. Which might led to a drop in demand.

Who knows
Can you please define TONS & SHORT TIME.

Also, what are you basing this opinion on?

Get notified of new replies

To February 2014 Corvette sales - 2,438 . . .

Old 03-24-2014, 04:14 PM
  #38  
c6miller
Drifting
 
c6miller's Avatar
 
Member Since: Oct 2009
Location: marietta, GA
Posts: 1,595
Received 167 Likes on 117 Posts

Default

At $2000 base price increase that's an additional $1.2++ million a week for GM. I doubt there is another way for GM to raise prices without loosing sales. As Corvette sales level off they will likely introduce incentives.
Old 03-24-2014, 04:21 PM
  #39  
Snorman
Scraping the splitter.
Support Corvetteforum!
 
Snorman's Avatar
 
Member Since: Jun 2005
Posts: 8,115
Received 1,028 Likes on 486 Posts
St. Jude Donor '13-'14-'15

Default

Originally Posted by BigJoe
Nah, I'm not one of the (many) C7 haters... It just looks like the Oct to Dec numbers are inflated compared to Jan-Feb. I would guess some is because of C6 sales; they would be winding down by the time Jan rolled around. If so the total C7s sold would be in the 11-12K range, which is still good considering the weather in most of the US. If they have made over 18K units by now the dealer inventory should be picking up. With the weather clearing and more units available for impulse buyers there should be a big jump in Apr-May.
I wasn't referring to you (but there will be one person in particular who will comment on the remaining C6 being part of those sales).
I would also expect the October numbers to be high because of all the cars that were ordered months prior and delivered throughout October and November.

S.
Old 03-24-2014, 04:27 PM
  #40  
Sailfun
Racer
 
Sailfun's Avatar
 
Member Since: Feb 2014
Posts: 374
Received 92 Likes on 51 Posts

Default

Originally Posted by jschindler
Honestly, those sales numbers are not anywhere near what I would have expected. The car has been in production for six months almost to the day. I get that they ramp up a new model a little slowly at first, but still, that is a run rate of less than 10,000 a year. Other than the "it's cold out" and a somewhat slow up, I'm a bit perplexed at that number.
I don't get your math. At the current rate for Jan and Feb they will be over 28,000 cars for the year. Assuming modestly higher sales in the warmer months they should be close to selling out the planned production of 34,000 a year.


Quick Reply: February 2014 Corvette sales - 2,438 . . .



All times are GMT -4. The time now is 05:12 AM.