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Market is changing quick

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Old 01-12-2024, 09:25 PM
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Greg00Coupe
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Default Market is changing quick

I just happen to be in Daytona today, and drove by Jon Hall Chevy which had maybe 10 c8s out front. Sure enough all of them were at msrp and he had one 23 3 lt offered at $3500 off sticker. They also had a z 06 with the 07 package and all the carbon add ons for 30 over! But that will change too. Chatted with a really nice salesman, Francis Jublin, who was very helpful and a straight shooter. First time I’ve seen any c8s in inventory. Salesman says they sell a couple of 100 corvettes a year, but I’ve never heard of them.
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Old 01-12-2024, 09:38 PM
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sTz
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It’s been 5 MYs. I wouldn’t call that quick.


Edit: Couple 100 every yr? Maybe not a straight shooter: https://www.c8tracker.com/dealers/view/2057/2023


Last edited by sTz; 01-12-2024 at 09:47 PM.
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Old 01-12-2024, 09:58 PM
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Good info to know on pricing!
Jon Hall sold 76 2023 Stingrays and 11 2023 Z06's, 11 and 4 so far in 2024.
Not bad at all but not a couple hundred, typical salesman talk, lol. I guess with pre owned Corvette sales it could be close to his number.

Last edited by BearZ06; 01-12-2024 at 10:12 PM.
Old 01-12-2024, 10:59 PM
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hawkgfr
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Take out the two covid years and it is business as usual on pricing and its only going to get better....(for the buyer not the flipper or the dealer)
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Old 01-12-2024, 11:13 PM
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I’m thinking I will find a Z at or below sticker before I get a call from Criswell. At the near 3 year mark now🥲
Old 01-12-2024, 11:22 PM
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Good.
Later this year I'll be shopping for used. Should give me plenty of time to learn C8-ese.
Old 01-12-2024, 11:52 PM
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Vetteman Jack
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Good news that C8 pricing is coming back to normal and that in some cases the cars are being offered at below MSRP. Pays to shop around if in the market.
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Old 01-13-2024, 05:04 AM
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robertbruce
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Originally Posted by Greg00Coupe
I just happen to be in Daytona today, and drove by Jon Hall Chevy which had maybe 10 c8s out front. Sure enough all of them were at msrp and he had one 23 3 lt offered at $3500 off sticker. They also had a z 06 with the 07 package and all the carbon add ons for 30 over! But that will change too. Chatted with a really nice salesman, Francis Jublin, who was very helpful and a straight shooter. First time I’ve seen any c8s in inventory. Salesman says they sell a couple of 100 corvettes a year, but I’ve never heard of them.
It's winter. Wait until spring.
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Old 01-13-2024, 06:20 AM
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Well, we are into the 5th model year & over 100,000 C8's built, so something has to give
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Old 01-13-2024, 07:31 AM
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Greg00Coupe
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Originally Posted by BearZ06
Good info to know on pricing!
Jon Hall sold 76 2023 Stingrays and 11 2023 Z06's, 11 and 4 so far in 2024.
Not bad at all but not a couple hundred, typical salesman talk, lol. I guess with pre owned Corvette sales it could be close to his number.
Originally Posted by robertbruce
It's winter. Wait until spring.
I guess that tells me the market is really dropping since he’s a “Average” dealer w 10 ish cars in stock.

It was 80 in Daytona yesterday. Folks are more willing to buy out of town and ship, not sure winter is that big a deal as it once was. I’m going to mecum today. All those cars will be shipped
Old 01-13-2024, 08:13 AM
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frankjr
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I'm wondering where the E Ray market will be in three years when the warranty on my 2024 SR runs out? Maybe take that long if I put a deposit with MM now.

Last edited by frankjr; 01-13-2024 at 08:24 AM.
Old 01-13-2024, 09:29 AM
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cal45
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Originally Posted by robertbruce
It's winter. Wait until spring.
That doesn't apply to FL dealers. I've been a FL resident since 1987.
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Old 01-13-2024, 09:31 AM
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RedC8Lover22
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The fact we are 5 model years in and only some dealers are discounting as much as $3,500, speaks volumes for the success story the C8 has been.
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Old 01-13-2024, 11:10 AM
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Changing quickly means that just a few months ago there were little to no discounts offered and now we're seeing discounts in the thousands.
Old 01-13-2024, 11:22 AM
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…did GM see this coming… 🤔
I picked up my ‘24 at the end of Sept., right before the $2100 price increase…it had me a little bummed thinking if I’d waited, maybe I coulda gotten $2K off my sticker too. But then I realized I would be paying the same price now with $2k off as I did back in Sept., so I guess it’s all good.

…but does make you wonder if GM’s plan going forward is to hike the price and then offer discounts as was done pre-covid… 🤔
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Old 01-13-2024, 11:33 AM
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One of our local dealership is offering a $5000 discount on 2 incomming Corvettes
https://www.matthewschevy.com/all-in...tte%20Stingray



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Old 01-13-2024, 12:01 PM
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I love all these $3500 off "sticker" . "Sticker" has been a moving target since these cars came out. Constant price increases and you think you are getting a deal.
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To Market is changing quick

Old 01-13-2024, 05:51 PM
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MKC8
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Originally Posted by cal45
That doesn't apply to FL dealers. I've been a FL resident since 1987.
Do Florida dealers only sell to Floridians, then?
When the rest of the continent comes out of winter, demand elsewhere will rise, and people will start to shop around again.
Maybe even across state lines?
So, if an out of state buyer(s) sees a car in Florida that appeals to them, calls and buys, demand rises, and supply falls.
That usually causes prices to rise.
Hypothetically, of course.
Old 01-13-2024, 06:15 PM
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cal45
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Originally Posted by MKC8
Do Florida dealers only sell to Floridians, then?
When the rest of the continent comes out of winter, demand elsewhere will rise, and people will start to shop around again.
Maybe even across state lines?
So, if an out of state buyer(s) sees a car in Florida that appeals to them, calls and buys, demand rises, and supply falls.
That usually causes prices to rise.
Hypothetically, of course.
What I'm saying is that FL dealers typically do not adjust prices because it is winter.
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Old 01-13-2024, 07:18 PM
  #20  
Walter Raulerson
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I've noticed that 22s are in the 70s 23s a little higher
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