Used pricing
#21
Racer
Well it has been getting a rude awakening for a while now. But C8 prices haven't necessarily tanked. But, GM is pumping C8s out in record numbers now so of course the market will get very saturated in a couple years. You figure most people aren't ready to trade in a car that's two or three years old now. But wait until the C9 is unveiled, or C8s get to be a bout 5 to 6 years old.
#22
I'm aware. I was in a C7 thread and the ATROCIOUS mobile website will just scroll right into "related threads" when you get to the bottom of the page. So I scrolled right out of a c7 thread and into a c8 thread. Awful system. My reply is N/A to this thread.
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#24
Drifting
Well it has been getting a rude awakening for a while now. But C8 prices haven't necessarily tanked. But, GM is pumping C8s out in record numbers now so of course the market will get very saturated in a couple years. You figure most people aren't ready to trade in a car that's two or three years old now. But wait until the C9 is unveiled, or C8s get to be a bout 5 to 6 years old.
As I mentioned before I am on a waiting list but I am still looking in case of a remote possibility I find what I have in mind. I have made many calls and I can say if I would be willing to settle for a Vette with less or different options or the color I have in mind, I would have posted photos of my ride by now. It is not a perfect scenario for buyers at the present time but there are half decent deals out there.
Correction: I should have mentioned my reference on this post is about NEW not USED which in many cases are better deals than buying used Vettes.
Last edited by 1 STING; 06-08-2023 at 03:06 PM.
#25
Melting Slicks
Have not heard of a single dealer selling a new C8 at less than MSRP. If that has been happening someone would be starting a thread to crow about getting a C8 at 5 or 10% off. Not happening. Dealers around here, and private sellers are asking for MSRP for used or maybe a couple grand off of used but those cars end up being 2020's with a lot of miles on the clock.
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#26
Safety Car
Have not heard of a single dealer selling a new C8 at less than MSRP. If that has been happening someone would be starting a thread to crow about getting a C8 at 5 or 10% off. Not happening. Dealers around here, and private sellers are asking for MSRP for used or maybe a couple grand off of used but those cars end up being 2020's with a lot of miles on the clock.
#28
I've been periodically checking the pre-owned market for a while. I haven't seen any drastic drops in asking price. The best deals seem to be on 2LT and 3LT , selling very near MSRP.
The worst deals by far , are on the 1LT . Asking price is still around $74k - even for 2020.
Still many people who bought the base model 2020 1LT for $60k trying to flip their C8 for a major payday .
Imagine paying $74k for a used 2020 1LT
The worst deals by far , are on the 1LT . Asking price is still around $74k - even for 2020.
Still many people who bought the base model 2020 1LT for $60k trying to flip their C8 for a major payday .
Imagine paying $74k for a used 2020 1LT
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#29
Le Mans Master
Member Since: Feb 2007
Location: Oviedo Florida
Posts: 8,818
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2023 C2 of the Year Finalist - Modified
2021 C2 of the Year Finalist - Modified
2016 C5 of Year Finalist
Present market.
Used C8 cost more than new MRSP C8.
All those that will buy ,used ,raise your hand.
That is why you see a lot of C8's sitting on used
car lots. Things will change they always do.
Used C8 cost more than new MRSP C8.
All those that will buy ,used ,raise your hand.
That is why you see a lot of C8's sitting on used
car lots. Things will change they always do.
The following users liked this post:
JDSKY (06-09-2023)
#30
Still ridiculous pricing 20s and 21s 80s to 90s or more
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Blue Curvette (06-09-2023)
#31
Look at HENDRICK'S CORVETTES for an example of very high prices
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Joe’s Z06 (06-15-2023)
#32
I saw some you tube guy talk about cars used and new falling in the last half of this year NOT OUR CAR of course but those other people's cars. All of a sudden plenty of chips and cars except Corvettes what are they building now 3 models?
#33
I would never buy a 1LT 2LT seems from what I've seen here the one to get posts weekly tell of the dash coming apart on 3LTs
#34
21s are 3 years old When did they actually start building the C8 was it late '19 if so they were dated 20s so they are 4 years old and these people want 90,000
#35
If you look on AutoTrader at any given time, there are between 2,000 to 3,000 C8s 'for sale'.
Ridiculously overflooded market, yet the sellers haven't really budged a whole lot.
The following 2 users liked this post by Innovated:
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#36
I've been periodically checking the pre-owned market for a while. I haven't seen any drastic drops in asking price. The best deals seem to be on 2LT and 3LT , selling very near MSRP.
The worst deals by far , are on the 1LT . Asking price is still around $74k - even for 2020.
Still many people who bought the base model 2020 1LT for $60k trying to flip their C8 for a major payday .
Imagine paying $74k for a used 2020 1LT
The worst deals by far , are on the 1LT . Asking price is still around $74k - even for 2020.
Still many people who bought the base model 2020 1LT for $60k trying to flip their C8 for a major payday .
Imagine paying $74k for a used 2020 1LT
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Innovated (06-08-2023)
#37
Drifting
I don't think dealers will advertise or acknowledge if they make sales without a ridiculous mark up, they would be shooting themselves on the foot if they did. They will try to keep the parade going as long as possible.
#38
Instructor
Looking for a 1LT and being somewhat impatient waiting for an allocation, I've been looking at used somewhat. Found 2 different 2022 1LTs within about 2 hours from me. After looking up their window stickers, found one was priced a little over $10k more than sticker, and the other was about $15k over sticker. For a used car which was cared for, and broken in how?? I just hope the 2024 prices don't jump much, since getting a 2023 allocation doesn't appear likely.
#39
Pro
Looking for a 1LT and being somewhat impatient waiting for an allocation, I've been looking at used somewhat. Found 2 different 2022 1LTs within about 2 hours from me. After looking up their window stickers, found one was priced a little over $10k more than sticker, and the other was about $15k over sticker. For a used car which was cared for, and broken in how?? I just hope the 2024 prices don't jump much, since getting a 2023 allocation doesn't appear likely.
#40
Race Director
Well it has been getting a rude awakening for a while now. But C8 prices haven't necessarily tanked. But, GM is pumping C8s out in record numbers now so of course the market will get very saturated in a couple years. You figure most people aren't ready to trade in a car that's two or three years old now. But wait until the C9 is unveiled, or C8s get to be a bout 5 to 6 years old.
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Blue Curvette (06-09-2023)