Is anyone asking for their C8 deposits back?
03-23-2020, 11:15 AM
#41
Burning Brakes
To all the people who are going to buy or not buy, I would add the following comment. I will turn 78 this Aug. The one thing I can not do is buy more time for life.
Therefore I am going to purchase my C-8. When I will get it (2020/2021) is still TBD. The bottom line I hope I will more than less years to enjoy my car. My .02. Thanks.
Therefore I am going to purchase my C-8. When I will get it (2020/2021) is still TBD. The bottom line I hope I will more than less years to enjoy my car. My .02. Thanks.
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03-23-2020, 11:18 AM
#42
Le Mans Master
Just realize there are many that feel the same way as you do they just don't post it here. If the current state of the global economy is not a factor in a major non-essential purchase right now you have either have your head in the sand or a lot of free cash laying around. If it's the latter there is likely a better place to put it to work than in an auto at the moment.
Nobody saw this coming, we are in uncharted waters. If you feel comfortable with your finances and you want a C8 go get it. Nobody should second guess or care. If, as a result of all the recent craziness, you don’t feel comfortable buying a car at this time (that they are not even building), you should back out and reevaluate later. It’s just a damn car.
03-23-2020, 11:41 AM
#44
Instructor
Member Since: Oct 2018
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C4 of Year Finalist (stock) 2019
I think I'm missing something here. Why are some people saying they want out if their order gets converted to a MY 2021 instead of a 2020? I mean, the delay definitely sucks, but if the price is binding I'd be perfectly happy to have the later model. I know it could vary by dealership, but generally speaking I'd expect that once you sign an order sheet they either have to fulfill your order at that price or let you off the hook. So you'd potentially be getting a '21 at a '20 price, right?
I could be wildly mistaken, as I've never ordered a car - or even bought a new car at all - in my life.
I could be wildly mistaken, as I've never ordered a car - or even bought a new car at all - in my life.
03-23-2020, 11:57 AM
#45
Melting Slicks
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St. Jude Donor '14,'18
Back when I was in the business, there has to be consideration from both parties to make a legal binding contract. The buyer wasn't liable until they take delivery and cross the curb onto public property.
03-23-2020, 12:00 PM
#46
Melting Slicks
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St. Jude Donor '14,'18
This "contract" needs to be signed by the dealer to be binding as spelled out in the signature box. You may have some legal recourse if you want to back out. Perhaps you can sell it for sticker or that Kerbeck would accept it for their stock if there's still demand when the car arrives.
03-23-2020, 01:19 PM
#47
Le Mans Master
I think I'm missing something here. Why are some people saying they want out if their order gets converted to a MY 2021 instead of a 2020? I mean, the delay definitely sucks, but if the price is binding I'd be perfectly happy to have the later model. I know it could vary by dealership, but generally speaking I'd expect that once you sign an order sheet they either have to fulfill your order at that price or let you off the hook. So you'd potentially be getting a '21 at a '20 price, right?
I could be wildly mistaken, as I've never ordered a car - or even bought a new car at all - in my life.
I could be wildly mistaken, as I've never ordered a car - or even bought a new car at all - in my life.
And then the whole economy melting down thing. Many people are affected both directly and indirectly.
03-23-2020, 01:48 PM
#48
Melting Slicks
Member Since: Feb 2013
Location: Central Gulf Coast Florida
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It is not that black and white. Give me a friggin' break! It kills me how so many on this forum are billionaires in their own mind...the same ones who talk about past Lambos and Ferraris, and then wonder whether they should be paying "outrageous" $600 doc fees. Or, those like this guy who seems to be implying that if you commit to buying a $60-100K car, nothing in the world should change that purchase decision....not a virus, a loss or potential loss of job, serious health issues, nothing.
I am 57, a lot younger than many on this forum and a lot older than many. GOD, I hope I am not as rigid and old fashioned in my thinking as some of the older ones and not as frivolous and irresponsible as some of the younger ones. Yes, I have painted with broad strokes, but I cannot keep shaking my head in silence any more.
I am 57, a lot younger than many on this forum and a lot older than many. GOD, I hope I am not as rigid and old fashioned in my thinking as some of the older ones and not as frivolous and irresponsible as some of the younger ones. Yes, I have painted with broad strokes, but I cannot keep shaking my head in silence any more.
03-23-2020, 01:53 PM
#49
Melting Slicks
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That is $172,800 over the forty years. At least you have a plan even if it is at tax payer expense. Now you know we are going to get some fire posts for our smart a$$ comments.
03-23-2020, 02:03 PM
#50
I think I'm missing something here. Why are some people saying they want out if their order gets converted to a MY 2021 instead of a 2020? I mean, the delay definitely sucks, but if the price is binding I'd be perfectly happy to have the later model. I know it could vary by dealership, but generally speaking I'd expect that once you sign an order sheet they either have to fulfill your order at that price or let you off the hook. So you'd potentially be getting a '21 at a '20 price, right?
I could be wildly mistaken, as I've never ordered a car - or even bought a new car at all - in my life.
I could be wildly mistaken, as I've never ordered a car - or even bought a new car at all - in my life.
03-23-2020, 02:15 PM
#51
Burning Brakes
Where are you people? Im in metro NY and the medical and economic climate are dire-. I furloughed 11 employees over the weekend and closed both my sub specialty medical offices. It would be wrong for me to show up in a new vette for along time having told all my employees to seek unemployment. I was a deposit without formal order yet for 2021 waiting to hear back from Kerbeck.
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03-23-2020, 02:37 PM
#52
Just realize there are many that feel the same way as you do they just don't post it here. If the current state of the global economy is not a factor in a major non-essential purchase right now you have either have your head in the sand or a lot of free cash laying around. If it's the latter there is likely a better place to put it to work than in an auto at the moment.
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03-23-2020, 03:22 PM
#54
Uh, wrong. People who are fiscally responsible would say this. However there are many, many who will live paycheck to paycheck with a new Corvette payment and a house way too big for their needs. So don't come here acting like you know how the population of the U.S. spends their money. It's been proven over and over that many U.S. citizens have no clue how to live within their means and just don't bother.
Last edited by CitznFish; 03-23-2020 at 03:22 PM.
03-23-2020, 03:44 PM
#55
Burning Brakes
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Walt White Coupe (03-23-2020)
03-23-2020, 03:55 PM
#56
Le Mans Master
Yes, I was at some 2000 status, and the last word from my dealer was 'no guarantee you will get a 2020'. When things started to go pear shaped back in early Jan, I began communication all in email so there was no 'he said-he said'. I ordered a 2020, and I wanted a 2020, and would not accept a 2021, as the dealer would not guarantee no price increase, and would not guarantee a delivery, and wouldn't even guarantee that I would get the car optioned the way I ordered it. Things never got heated, but I told them my copy of the contract shows quite clearly "Year: 2020, Make: Chevrolet, Model: Corvette"... There was talk of them trying to find the 2020 optioned the way I wanted it, and having it brought to my dealer, but no way they were going to honor the contract price, or the exact options I chose. I am ONLY interested in a 1LT, orange, tan car. The best they could come up with was a 2LT in white or red, with gray or black. My deposit was refunded last Monday, and I doubt I will ever darken their door again.
That said, I’m sure a few will chime in saying 2020 models will not deprecate and may even increase. Probably the same group falsely believe 2020 C8s will be considered, “rare” and more valuable.
Last edited by Maxie2U; 03-23-2020 at 04:07 PM.
03-23-2020, 04:17 PM
#57
Le Mans Master
After reading many of these posts, I am so glad that I have a C7 in my garage that I love driving. Its paid for and it's mine. Having a C8 would not make me any happier than I already am. Just like my C7, the C8 is also just a car
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03-23-2020, 04:19 PM
#58
Le Mans Master
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2023 C2 of the Year Finalist - Modified
2021 C2 of the Year Finalist - Modified
2016 C5 of Year Finalist
Uh, wrong. People who are fiscally responsible would say this. However there are many, many who will live paycheck to paycheck with a new Corvette payment and a house way too big for their needs. So don't come here acting like you know how the population of the U.S. spends their money. It's been proven over and over that many U.S. citizens have no clue how to live within their means and just don't bother.
are in for a lot of trouble ahead. A fed check is not really
going to do them much good. I only know that the C8 buyers
on this forum act like they can buy anything they want at any
time. Without thought. That's how they present themselves to me.
I wish all well
03-23-2020, 04:24 PM
#59
Race Director
03-23-2020, 04:42 PM
#60
That is absolutely correct. Each State has their own laws which cover refundable deposits. In Md for example, if the dealer promised specific terms and is unable to honor those terms, you can't be forced to accept other terms and may cancel the contract. If you were promised a 2020 car and the dealer can't deliver, the contract is voided and the deposit must be returned.