JerriVette

With demand so strong and the competition in the performance price category so weak I don’t see discounts similar to the 2019 c7 lineup.

id see the production line move to a single shift before massive discounts like we saw with the c7. Interestingly enough the C7 was a 250 million dollar program which was quite evolutionary in nature from the previous generations.

the investment to the c8 was larger and demand for many years was a lot stronger with only the past few months beg8n to offer discounts still under 8 percent for stingrays. None for z06 or erays.

z06 and erays at msrp makes sense. I don’t think we will see 20 percent discounts like 2017 to 2019 corvettes inclusive of c7 grand sports , z06s or , zr1 s .

c8s for2020, 2021, 2022 and 2023 ran at msrp or higher. That is an impressive feat especially with the double shift running at bowling green .

CorvetteBrent

Not necessarily. If a person get a higher ROI (Return On Investment) on their money (though owning a very successful business or other investments) than what the finance rate is, that person would be better off financing the "toy" instead of paying the whole cost of the "toy" immediately in cash.

jswatek

Yes for instance when I bought my 911 the finance rate was 1.6% and over that period of time the S&P rose 25%.

minn19

It is an amazing car (so was the C7Z), but everyone usually wants the latest and greatest, when the C9s are getting close to coming out, you’ll probably see C8 Z06s sitting on the lot for large discounts, who knows how large, but still quite decent I’m guessing.

jswatek

Yeah and by then none of us will want one either!

rackemup

How would that strategy play out in 2022 when the S&P 500 was down 20%. I just love the Wall Street experts who claim to rake in their 12-15% year in year out, sure they do and the moon is made of green cheese.

PuffC8

As much as they’ve increased the prices on C8 Stingrays since release, these recent discounts off MSRP are still more expensive than original 2020 MSRP lol
Discounts on C8Zs and ERays during last model year depends a lot on the rumors or info we have on C9. If it’s electric, V6 TT, ERay 2.0, etc., I’d imagine C8Z prices would skyrocket

taxdr1965

Just picked up my 3lt htc red mist. Paid msrp.

Bluehinder

Can't even given them away.

rackemup

Yes and you are now buying a C8 that is 4 model years newer and worth more than a 2020 model. We are just coming down from 40 year high inflation which has totally screwed up just about everything.

minn19

Now you are the economic expert?

rackemup

Do you really need to be an "economic expert" to know that twenty some percent inflation in a few years is a problem along with also understanding that a 2024 SR is going to be worth more than a 2020. Duuuuuhhhh.

minn19

Not to go down the rabbit hole of economics as there are a ton of factors, but that is pretty skewed number mainly based on a few big ticket items such as housing etc.

Sticking with cars, I see a base 24 SR starts at just over 68k. That still isn't bad at all, up just over 10% in four years and now selling with discounts so they are probably cheaper now when you factor in purchasing power etc. Yah interest rates comparatively suck compared to then, but free money wasn’t going to last forever. At least they aren’t nearly as bad historically speaking, like when my (our) parents were paying nearly 20% on their mortgage in the late 70s/early 80s. Not too mention if you have a 401k or other investments, which the vast majority on this forum do, those are or should be way up.

But you and the cash only people (which would probably crash the US economy if everyone did that), are the experts here.

Zjoe6

Looks like this thread has run its course. Closed.