Bad News!
02-04-2023, 12:11 PM
#61
Le Mans Master
Member Since: Jul 2007
Location: Arkansas
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St. Jude Donor '09-'10-'11-'12-'13-'14-'15-'16-'17,'22-'23
I wouldn't darken the doorway of that dealership again-ever. Their word means nothing, they are dishonest and liars. I know they are not alone in doing this, but that does not make it right. A friend ordered an Escalade V for 5 over. When it came in it was suddenly 25 over, he bought it, I would have walked. It's not necessarily the money, it's the idea of their dishonesty. There was a time when a man's word was his bond; it should still be that way.
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02-04-2023, 12:36 PM
#62
Pro
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416vette (02-04-2023)
02-04-2023, 01:05 PM
#63
It's a Chevy for chrissakes...
02-04-2023, 01:37 PM
#64
Melting Slicks
Book it? Okay let’s just do it right here so you’re exposed for being wrong! Anyone here want my allocation that I’ve been deferring month by month since Sept for $20k over? Don’t DM just say I’ll take it so jillybean can see. LMAO, Lambo are THE most reliable exotic since Audi bought them. You can also do the work yourself.
Based on MSRP with No ADM! I rather have a new Z06 then a 10 year old Lambo for 125-150K
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khartford (02-04-2023)
02-04-2023, 01:48 PM
#65
Drifting
02-04-2023, 02:23 PM
#66
Id report them to GM and just enjoy the lambo. Hell, if I could afford an EVO, I probably wouldnt even be looking at a Z06. Also I hope you did not tell them you would be willing to pay $50k ADM. I'd stick to your guns at the original agreed upon price. Hopefully you have that in writing and can prove your case if you do end up having to report them to GM.
02-04-2023, 03:08 PM
#67
Boyeraz - IMHO - the C8 Z06 is NOT going to be able to hold a $100K over MSRP value.
1. GM is going to make a few thousand Z06's this year, and probably more than that in the outyears. Based on MSRP - GM makes a lot more on a Z06 than on a Stingray - so I would expect that unless the plant manager is a complete idiot, he will do what he can to push Z06's out - even if that means that he has to lose a few Stingrays to do so,. If I understand things correctly - the current bottleneck in Z06 production is the engine availability - and that's because they only have so many qualified assemblers - that is a relatively easy problem to fix in the longer run...
2. There is a relatively limited supply of people that can pay ~$125K and up for a car that the vast majority of the buyers use as a toy. Especially as interest rates rise, and the economy moves toward entering a recession. While I get the Corvettes are somewhat different - most new car buyers don't pay cash, and the rising rates are going to impact a LOT of buyers. Remember - half a year ago - you really couldn't find a C8 on a dealers lot for sale at anything approaching retail - today you can.
3. Look at McLarens and other high end sports cars. They are now selling used at less than retail. (I get that some very limited production Ferrari's Lambos etc. aren't experiencing this - but see #1 above), Why do you think a Z06 would be able to hold at well over retail ???
4. In the relatively near future - a ZR1 or Zora C8 will appear - and that will be the new king of the hill. That Will unquestionably impact Z06 demand...
1. GM is going to make a few thousand Z06's this year, and probably more than that in the outyears. Based on MSRP - GM makes a lot more on a Z06 than on a Stingray - so I would expect that unless the plant manager is a complete idiot, he will do what he can to push Z06's out - even if that means that he has to lose a few Stingrays to do so,. If I understand things correctly - the current bottleneck in Z06 production is the engine availability - and that's because they only have so many qualified assemblers - that is a relatively easy problem to fix in the longer run...
2. There is a relatively limited supply of people that can pay ~$125K and up for a car that the vast majority of the buyers use as a toy. Especially as interest rates rise, and the economy moves toward entering a recession. While I get the Corvettes are somewhat different - most new car buyers don't pay cash, and the rising rates are going to impact a LOT of buyers. Remember - half a year ago - you really couldn't find a C8 on a dealers lot for sale at anything approaching retail - today you can.
3. Look at McLarens and other high end sports cars. They are now selling used at less than retail. (I get that some very limited production Ferrari's Lambos etc. aren't experiencing this - but see #1 above), Why do you think a Z06 would be able to hold at well over retail ???
4. In the relatively near future - a ZR1 or Zora C8 will appear - and that will be the new king of the hill. That Will unquestionably impact Z06 demand...
02-04-2023, 03:22 PM
#68
Book it? Okay let’s just do it right here so you’re exposed for being wrong! Anyone here want my allocation that I’ve been deferring month by month since Sept for $20k over? Don’t DM just say I’ll take it so jillybean can see. LMAO, Lambo are THE most reliable exotic since Audi bought them. You can also do the work yourself.
neither have a crystal ball
Lets see what happens with LIVE built cars over the next year.
I mean let’s keep it real here 2020 SR still sell for over msrp. 3 years later
my 2020 3LT with sticker of 77K sold a few months( October ) back for 88K
thx
it’s an opinion but I’d book it for the next year that 50K over will be the market for Z06 built cars being resold.We can revisit this down the line
Last edited by JillyBean; 02-04-2023 at 03:28 PM.
02-04-2023, 05:17 PM
#69
Melting Slicks
Book it? Okay let’s just do it right here so you’re exposed for being wrong! Anyone here want my allocation that I’ve been deferring month by month since Sept for $20k over? Don’t DM just say I’ll take it so jillybean can see. LMAO, Lambo are THE most reliable exotic since Audi bought them. You can also do the work yourself.
02-04-2023, 06:15 PM
#71
Race Director
Member Since: Nov 2017
Location: Prosper TX/Austin TX
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2020 C6 of the Year Winner - Modified
a 2011 Carbon Edition Z06 just sold for $161k last week and it's original MSRP was $100k 12 years ago, which would equate to $136k today. Only 252 made and it had under 100 miles I believe. So if you put your C8 Z in a bubble and don't drive it, maybe you'll recoup your money in 12 years.
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Cjunkie (02-05-2023)
02-05-2023, 04:05 AM
#72
Pro
Times change and so do ideas. This is actually pretty easy to do when you have another dealer involved that the deal will be done through. It’s all about knowing people. Someone says the car should get built like this this and this, I spec it and the person gets it after the transaction.
02-05-2023, 03:59 PM
#73
So the dealers says they are not greedy at 100k over.
My solution was to pay the 100K over if they give the money to our local children's hospital in my name. They declined!!!
Gm needs a new system that removes the dealer from allocation. You place the order and deposit online dealer only gets a delivery fee.
My solution was to pay the 100K over if they give the money to our local children's hospital in my name. They declined!!!
Gm needs a new system that removes the dealer from allocation. You place the order and deposit online dealer only gets a delivery fee.
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CPhelps (02-06-2023)
02-05-2023, 08:15 PM
#74
Melting Slicks
Only if the dealer and the OP didn't already have an agreed upon deal for $25K over. Then the dealer can't adjust it to current market. They may hope by saying $100K over will get him to back out and walk leaving them free to do so, but if OP fights back and knows the right tools to use, it is one the OP should win. If it is a signed on paper deal, it is even easier win. But even an email saying, " If you give us the deposit now and put you on the list, it will be MSRP or xxx over" should also suffice to get the OP the original deal.
This isn't like dealers are darth vader and all we can do is pray the dealer doesn't alter the deal any further.
This isn't like dealers are darth vader and all we can do is pray the dealer doesn't alter the deal any further.
02-07-2023, 04:23 PM
#75
Pro
Exposed lol ……
neither have a crystal ball
Lets see what happens with LIVE built cars over the next year.
I mean let’s keep it real here 2020 SR still sell for over msrp. 3 years later
my 2020 3LT with sticker of 77K sold a few months( October ) back for 88K
thx
it’s an opinion but I’d book it for the next year that 50K over will be the market for Z06 built cars being resold.We can revisit this down the line
neither have a crystal ball
Lets see what happens with LIVE built cars over the next year.
I mean let’s keep it real here 2020 SR still sell for over msrp. 3 years later
my 2020 3LT with sticker of 77K sold a few months( October ) back for 88K
thx
it’s an opinion but I’d book it for the next year that 50K over will be the market for Z06 built cars being resold.We can revisit this down the line
Stradman's car is like $4K over MSRP right now on cars and bids. That's before sales tax. That would be a loss for the seller LOL. In MA that build would be $175K after tax.
02-07-2023, 11:06 PM
#76
https://carsandbids.com/auctions/rxe...ette-z06-coupe
Stradman's car is like $4K over MSRP right now on cars and bids. That's before sales tax. That would be a loss for the seller LOL. In MA that build would be $175K after tax.
Stradman's car is like $4K over MSRP right now on cars and bids. That's before sales tax. That would be a loss for the seller LOL. In MA that build would be $175K after tax.
yawn…..
can’t wait to see more of your hot takes. They’re just so blatantly incorrect
the car was just listed ( 1 days) ago
and didn’t car have some documented issues??
bid currently at 185K
day 1
Last edited by JillyBean; 02-24-2023 at 11:05 AM.
02-08-2023, 05:30 AM
#77
Pro
02-08-2023, 11:49 AM
#79
Moderator
02-08-2023, 12:14 PM
#80
Melting Slicks
LMFAO…NO they won’t. I’ve had my allocation (spec yourself) on different groups offered for 15-40k over MSRP. Not a single taker. Glad I bought a Lambo. All you people thinking this thing will sell easily for a substantial amount over MSRP are delusional. The market when the car was revealed 18 months ago and today are completely different. GM screwed up pricing it for $110K with guzzler tax. Most everyone would take a Ferrari or Lambo over a Z06. Even if it’s used. Pricing it as they did opened up the exotic market to those who never considered it previously. The exotic WILL hold value. This WILL NOT.
