cuspid

I'm seeing 15K off if you search

Vetteman Jack

Zjoe6

Foy Toy

there are presently NO national incentives available to every stingray available for sale. yes the big volume dealers are offering massive discounts $10,000 or so.
but they receive back door incentives for their volume. so buy from them to get the biggest discounts. my local dealer has one in stock and offering about $4800 off. which is about all they can give vs their invoice without GM incentives.

foytoy
fond du lac, wi.
2016 long beach red convertible

JDSC8VETTE

I saw some great discounts offered by some dealers and checked them out. I then read the fine print. The discount included every possible discount available that most of us wouldn't qualify for along with a 5,000 dollar required deposit. What a joke and I can't believe dealers would. even print some of this stuff.

speed4tu

It gets folks in there. They find that they "got" to have the car then then deciede to pay the extra few thousand themselves.

OVR60

Automotive News said 800 C7's sold in January and they have to do something to pump up sales. Dealers do not like paying interest on cars sitting on their lots.

Chuck Mahnke

I purchased a 2019 Stingray coupe from MacMulkin on Dec. 24 for 16% off MSRP. This is what they advertised and this is what I paid. No fine print, no add-ons, no high pressure sales tactics, DOC fee was included in advertised price and it was a flawless transaction. At the time they had the best deal of everyone that I checked with. Local dealers couldn't touch the price and recommended that I jump on the deal.

gmarcucio

And a lot of those deals at the big dealers require you finance through GM. The finance rates are crazy money and when you subtract what you are losing paying that crazy interest the deal isn't that great anymore. Especially if you are purchasing at one of these dealers that is quite a distance from you and shipping and travelling costs come into play. I've seen some dealers subtract the destination charge that is on the sticker and advertise the "low Price" without the destination charge and then of course tack that cost on just as the deal is getting ready to close.

cuspid

Not forum dealers, I can't post. 15.5k off on a GS, 15k off z06

Elk

If this is true, finance through GM, drive the car home, and immediately pay off the loan. If you cannot afford the car, refinance it.

Skid Row Joe

If you follow the guidelines of keeping the loan for a prescribed minimum amount of time you will save money. The Chevrolet dealer ran that one past me, but I had no interest in financing the car. Too much of a hassle.

Skid Row Joe

Red Tag sales abounded on select in stock loaded oddball equipped new Corvettes in April, May 2017. Wait and see for those if you can. Huge discounts.

Elk

I similarly would never finance a toy.

Out of curiosity, what are the rates and what is the minimum term one must keep the loan before paying it off?

Skid Row Joe

Keeping the loan two to four months rings a bell, and the APR, wasn't even mentioned yet. I nixed that right when he mentioned it. Seems that the savings potential was in the neighborhood of one to two thousand savings. Car was out of town and I had already told the salesman I was paying cash for it, so I wasn't interested in another 500 mile RT journey. A couple grand on a $76K car that I already got -20% discount on for all that? Nut-uh.

village idiot

Lol, my interest rate is 1.99%
My savings account is 2.35%

I financed negative equity on my trade in (it was hit, I kept some of the money, diminished value, etc) and sales tax.

I'd literally pay more money if I paid in cash.

mbaessler

Chuck had the same experience with Macmulkin as you. 16% off for my new 2017. No nonsense. Paperwork was done in advance. Handed them a check and I was out of there driving my new Vette across the country to my home.

runner61627

Elk

Where do you get 2.35% on a savings account?

village idiot

https://www.pnc.com/en/personal-bank...g/savings.html
I saw one with a rate closer to 3% today! I think it was 2.75% or something. May be a coincidence, but my bank called me up the same week I moved 95% of my money out to talk about my financial goals and how they can help

I also just looked up car interest rates. Holy crap. They went from 1.99 (and 0.9% for 36) to near 5% now!

I guess I'm sitting pretty with 3.75% tax delectable 30 year mortgage and 1.99% car