Prices falling fast on new C7's
 

Was offered $2500 off by a local dealer I know yesterday

He said he thought they would be selling them at invoice by spring of 2014 :eek:

Its not surprising if they keep up with current production numbers. When they bring out a few more models that will slow up production some. You know the first GS/Z0? version is going to be high production that first year too.

What amazes me is people are still willing to pay $50,000 for a 4-5 year old Z06. Even the used Grand Sports 2-3 years old with in $10,000 of a
C7.

Yeah just saw in Ontario Canada one dealer dropped his price $2000 in one week..once the novelty of having the first C7 around wears off the prices will drop to where they should be.

How many does he have in stock right now ready to go?

yes. It speaks volumes about the "old" Z06.

Just a matter of time...Just like every other C6 model. Im sure we will see 10k off within a couple of years as well

Yeah, even though the C7 is the latest and greatest, and it sure is, interesting how the C6 Z06 and GS's are keeping their values up. Course although the C6 is obsolete compared to the C7, it's still a fabulous street supercar in it's own right. Now many of us are deciding when not if we will be moving to a C7, while there are many others at a lower price point looking to scoop our well cared for and tastefully tricked out C6's. What's more interesting is, if the Porsche/BMW nose in the air crowd, start moving over to the C7 after the rave reviews. Maybe paying TWICE as much for comparable performance and recent major interior/ technical/ handling/ infotainment upgrades etc, will finally turn on the light bulb for them.

A fair number of them did that with the C5 and C6. You don't get much bad mouthing of Vettes when you are at a PCA or BMW driving school where sometimes a quarter of the cars present are Vettes. Getting their doors blown off on a regular basis made them believers.

Bill

:cool: Was it in stock?

Still have no regrets getting mine already and enjoying it, even having paid MSRP :thumbs:

I would not be shocked to see 5k+ off after a few years.

I will also not be shocked when the base price of the car goes up.

The C7 has $2,000 discounts in thefist 2 months. I seriously doubt that it will take several years to see 5K.

Not sure what all the buzz is about Z06s "holding their value". You can buy a $90,000 C6, Z06 f0r 40k. Is that what we should consider a value hold?

A few years? Try 3-5k off at the end of this years model run.

:bs Examples please (other than cars that have excessive mileage) ?????

Not sure where you saw a Canadian dealer dropping $2K but I highly doubt it's for a "new" Canadian car. I have one on order and talked to about 6 dealers in and around Toronto, all have used up their allotment of coupes for the year and don't expect new allotments till MY2015.

It's not like it is in the US, GM is only allowing a very small number of units into Canada (I was told somewhere around 300 coupes) for 2014. Further, if you did not sell 4 units in 2013 (I believe that was the threshold) then you're not even allowed to order a 2014.

I went to see one dealer a few weeks ago and he said no problem getting a "used" unit in from the US for $15K over MSRP!

With the constraints and all, the market for cars in Canada won't parallel that in the US, here they will maintain a much higher residual for longer and dealers will get MSRP clear into next year for any Z51. The flood of US cars into Canada will be the only factor affecting that.

Whats the point? People paid $3K for a VCR or Beta max a few years back. $5K for a flat screen.........

Was it a Z51? Probably not.

I can appreciate that some of you would love the C7 to be a worthless car that doesn't hold its value.

Please re-read my statement and keep in mind that the "stripped out base model" $52k car isn't likely to be selling for 10k under sticker during the 2014 model year...

Of course, well optioned cars can see bigger discounts. That was the purpose of the 5k+.

By the way, The point of my post was actually the second line. This must not have supported your agenda and was therefore ignored.

Good things come to those who wait. Like Improved cars and bigger discounts. A year from now 5K off will be common on a base car like the Stingray and you wont be hearing about paint runs and mis aliened body panels etc.

Wondering the same here. From what I have seen, any Z51's are still at MSRP.

I gladly paid MSRP for my C7 and feel I'm getting every penny's worth of that suppossed $2K I may have overpaid.

Let's see, $2K amortized over 72 months.... oh no! $28/month.

There is no price for the excitement this car generates not only for me, but for all of those who have celebrated it with me.:thumbs:

By the way, for those so concerned about getting a good deal, it seems that's more important to them than actually getting the car.

Ok why don't you post what you really mean instead of us having to read your mind of what you really wanted to say.

doubt many BMW crowd will be rushing to a C7. Corvette is the
boy racer crowd and a chevy. BMW's are more refined and do
not have to be in a face kind of car. See posted that once Chevy C7
newness wears off, its going to be business as usual like the
C6. When something new comes out its wow, than at the
drop of a hat its old news. The video graphic of the C7
are gimmicks, ??? how many will actually use. Just put
gauges and vital engine information all needed.

I don't know he called me on the phone

Most dealers are willing to do a better deal on a special order because they turn it immediately when they get it in :yesnod:

But I have no doubt some forum dealers would do $2500 off on an in-stock unit for a buyer ready now :thumbs:

You can do your own homework if you don't wanna believe that. Z06s can be had all day in the 40s. 40 or slightly less with some miles. You call "BS" on me? LOL! You obviously do not have a clue Pal! Do some reasearch before you make a fool of yourself again.

If I could afford to be in a C7 today I would gladly pay MSRP. :rock:

For you guys with year round weather, the premium to have the C7 in the fall and use it all winter may be worth it.
For us in the Northeast, where most people's Vette's (mine included) would just go into storage from Thanksgiving to April Fool's Day, the welcomed savings that is coming by waiting until Spring is a good trade off.

One of my best friends saw my new C7 and will be ordering one in the next week or two (or perhaps buying one from a Forum dealer and having it courtesy delivered). Another friend is trying to get him to buy Porsche for the 'status' - to which I say baloney. My friend is getting the C7, and will either pay MSRP or maybe get a slight discount, to which I say, that's fine, I have had my car for 6 weeks, and he won't get his for another couple of months (or longer), and I got mine exactly like I wanted it, and it's perfect. Later buyers will pay less, it's inevitable if BG keeps the production volumes up.

It's not like it is in the US, GM is only allowing a very small number of units into Canada (I was told somewhere around 300 coupes) for 2014. Further, if you did not sell 4 units in 2013 (I believe that was the threshold) then you're not even allowed to order a 2014.

Pardon my ignorance - but is there any difference between a US Spec & Canadian Spec car? Why not just go over the border and buy a Vette and drive it back to Canada?

Tell your buddy that buying a Porsche for the "status" is symptomtic of a very poor self image and significant insecurity. You don't validate yourself with a car. Tell your friend to get some counseling. It will be cheaper and have far better results.

Okay...
What I said was "I will also not be shocked when the base price of the car goes up."

And what I meant was:
I bet the starting price of the car goes up over the next few years.

I can't think how I might be able to make it more plain than that. I hope that helps.

I can't believe people would actually give me grief for agreeing that discounts are part of the business.

Why are some people pissed that the C7 is being discounted? Congrats to those who can swing the price now and buy it, but let's look at the history....Corvettes get greatly discounted, it's happening now and the savings will grow over time.

As a potential buyer down the road, I welcome this. And no the C7 will not become worthless, as the supply of cars grows the C6 will be further moved down market....just as the C5 was....just as the C4 was. Looking ahead in 2020 a base C7 will still pull mid 20's with average miles, you if you keep the car long term you'll get your moneys worth.....trade or sell in the first few years and you'll take a bath.

When everyone is still pondering about getting their car 2-3 years from now and save 4-5k if that much . I will be 3 years into my 5 year loan and looking at paying off . Ok , I spent 80 bucks more a month . Also , 3 years from now the car will have gone up 4k , so who wins here ..... :thumbs:

It was last week unless it was sold today at EliteAuto red on blk.

You'll see $5k+ off easy once the 2015s start to rollout.

I paided below MSRP a month ago on a special order unit,,,, This is old news,,,

I traded this in for my C7. I have 2 friends that have C7's ordered that are trading in BMW's. Just saying you may be wrong.

You have some serious issues!! Just pathetic!! And you're full of BS!!

Why are you on here???

As great as the car is, GM's production handling is the opposite! Throughout history, they always over-produce Corvette's resulting in excess inventory sitting at dealerships. On this end, they should follow Porsche and built just enough or a little less than demand.

Actually I'll call BS on you too drmustang-- where are your examples? These 40k$ Z's you mention are all 06s, 07s, 08s, 09s-- etc that never had a MSRP'd in 90$k as your original statement. And that's what he was asking to begin with. I dont know any Z06 that MSRP'd in the 90k$ that's dropped to the 40K$s yet.

Please show me where I get purchase a used clean title, low mileage, mint condition, no accident, top of the line zo6 with a msrp of $90k for $40k?? I really like to know.

$2k price reduction off of what......MSRP+5K or just off of MSRP?

:iagree::lol:

Yes, I did call "BS" on the statement you made, not on you. I do have more than a clue and I have done the research. I do not see $90k Z06's selling at $40k - as you claim, and now you've amplified to 'can be had all day at $40k'.

I reiterate, show us the examples of which you speak (excluding excessive mileage examples) - sales at $40k for Z06's which originally stickered at $90k ?

It's 'BS' or a figment of your imagination or whatever, as it isn't happening.

Respectfully, I believe the fool is the one who can not back up his boasts - not those who says, OK show us . . . .

:iagree: A new C6 Z06 for 40K?? Nope. If it was true, let us know... I'd trade-in my Camaro SS for it. ;)

Heck, a new 2013 C6 GS recently sold for 50K.... it was discounted 15K off MSRP.

It's all relative. I'm sure some people look at me on the road and feel the same way about me and my Corvette. They feel perfectly content to drive their Hyundais and Hondas and feel I have a low self image and need a Corvette to validate myself. Like I said, it's all relative...

I got offered a free C7 with the purchase of a Volt..

I find it amusing to observe the crowd that gets upset that the car may be sold below MSRP and the other crowd that calls dealers "stealerships" when they charge over MSRP. They even blame GM for the price "gouging". What's going on in this world? Can no one be happy? If you have to pay a higher price to be one of the first, big deal. You probably get more enjoyment out of it for doing so and your fun starts NOW. If you're willing to wait 2 or 3 years when it's not a big deal anymore, just to save $5k, that's your choice.

I think GM did a great job with this roll out. They controlled the "price gouging" by stockpiling the cars in the BG parking lots as well as Nashville before the mass release. This gave an adequate supply around the country simultaneously, which kept prices in check and now we even see evidence of slight discounts. It's all in the plan. :cheers:

Only draw back of this is that it does start dimishing the value quicker than the norm but hey some lucky peeps will get to enjoy a beautiful new C7 for a great price. Its GM , nothing surprising.

^
GM has a plan ??!! Must be something all new for 2013 ??!! :D

I hope he's right since then I'll be willing to jump aboard the C7 train sooner, but isn't this OBSSSD guy known for trolling this board pretty frequently in the past?

Smart sales strategy by your dealer exhibited right there :rofl: :rofl: :rofl:

In for a Z06 Carbon for $40k. Hell, I'll take that AND my ordered Z51. I just sold my Grand Sport for $40k.

Bingo.
I bought my car for MSRP and it's worth it to me to have and enjoy it now rather than wait for them to be discounted down the road. I'd do the same thing again.
S.

2013 was not a roll out year. The C5 and C6 roll outs experienced MSRP+ for a long time and people were constantly complaining about high markups.

^ I was attempting to make light of the situation- introduce a bit of humor into the Thread :yesnod:. . . . . apparently, not with success :eek:

The c7 like pretty much any car is going to depreciate a lot first few years unless there is some huge shortage of them which don't think there will be .If the were extremely limited production like dodge vipers they might hold up in value bit better.

Even high end cars like my 911 turbo and Mercedes SL drop huge first few years which is reason picked them up used not new. And many sports cars will have very low mileage on them. I did same thing picked up a 2008 z06 in like 2010 and saved a pretty huge amount of money over new price and it had under 10,000 miles on it.

I bought my z06 for 60k Canadian and sold it for 50k Canadian a few years later. Lost 10k not counting taxes. Not too bad I guess. Better than paying 100k up here and then trading selling it for 50. Buying new is going to cost you a lot. If you keep the car for like 8 years not so bad I guess and nice to order it exactly the way you want and know its absolutely mint.

c7 is a great car but its just a car. I am likely waiting a few years then pick up a couple year old c7 z06 or zr1. I was tempted to pick up a c6 for now again , only really sold my z06 because it was manual and was sick of manual cars. I looked at some c6 grand sports but they are usually 50 and up here but should drop more as more c7s come out and start hitting used market.

A 2008 or so base coupe or vert can be had for around 30k for loaded up one with pretty low mileage. That is also something might consider getting to tide me over for a few years till that z06 drops in price from depreciation.

Anyway its all pretty much supply and demand. Supply is pretty low on c7 right now especially z51 optioined ones so you could see them selling for MSRP or even over it for awhile. Supply will likely catch up to demand sometime next year and some will start to show up on the used market as well.

And don't really think GM is going to be hitting that much younger people with the c7. Sure its upgraded in just about every area and a beautiful car full of newest tech. But its still not that cheap. And its still only a two seater.
And even totally stripped ones are not really that cheap ,50 something is still quite a bit of money for a two seater sports car that may not be practical to drive year round. But the c7 is more affordable new than cars like Mercedes SL, R8,911 turbo, Ferrari, Lambo,Aston Martin, etc.

And will become a really good bang for the buck used.

Same here, gladly paid MSRP for my Z51 and no regret at all.

I traded it in my 2011 GS, in which OK, maybe in a year, I will get $3k off for a C7 Z51 but at that time my 2011 GS will also be valued less. So in short, it probably will even out. I might as well enjoy the C7 NOW. :thumbs:

I think he was referring to used Z06's, low mileage Z's can be had for 40k, at the dealer auctions a clean 10 thousand mile Z goes for 32k, dealer then marks it up 8 grand, sorry its just true.
Most people who do research about a car before they buy it know that the lS7 has problems, which doesn't help its sales.
I don't know why people get so offended when prices on their cars drop, it happens to all cars, even more so to cars that are made in mass production.

I think you'll see $5k off MSRP on end of year 14' models because supply is going to continue to outstrip demand by a greater amount each month - especially through the winter when Corvette sales drop significantly every year :yesnod:

He knew that I probably wasn't going to be interested but since my company and family buy a lot of cars there he wanted to offer just in case. I have no interest in buying a base coupe even with Z51 on it, but on the other hand if they offer an automatic equipped Z06 or ZR1 then I think I could overlook the Camaro rear-end and pull the trigger :D

^
It's not true - not with Z06's that were $90K MSRP cars with 10,000 miles on them - which is what was claimed.

^ Say what ????? :confused2: So the more they produce, the lesser the supply? :eek:

I could not wait, I had to buy one, with only a 2K discount. No regret. Money is paper, not fond of paper, I am fond of cars. I will trade the paper for the car any day.

:iagree:

Well stated! :thumbs:

I'm waiting on the prices to come down more on the C6 and C7. No hurry here and I like both. There is a nice 2012 GS 3LT trim level with only 350 miles here in Houston for $49K (they would probably take $45K) but I can't see paying that when I can get a 2014 C7 non Z51 for $10K more when they start sitting on the lots soon.

No worries, it's not ignorance to ask what seems like the most logical question. Dealers in the US have their hands tied, if they sell to a Canadian who does not have a residence in the US they can loose the ability to sell the car. Until this model release the list price of the Vette in Canada was US list + $10K penalty (I say penalty as there was not other explanation when the dollar has been at par or better for 3 years). It was tempting for someone like me to drive the 45 minutes and save the cash so all the manufacturers banned sales to "out of country residents".

I've bought most of my toys in the US and the paperwork to bring one back is easy, the issue is it has to be "used". With the used cars asking price over MSRP it makes no sense.

:iagree:...and that's about the time I'll be buying mine...:cheers:

:iagree: Besides, if I understand dealer "hold back", the car cannot sit on the dealer's lot longer then something like 90 days, or there is no holdback paid. That is why a factory order is actually the best deal for the dealer and why at the end of the day, the buyer should be able to factory order most new American cars at somewhere near invoice...

Or something like that... :flag:

C6's will drop at a faster rate than a c7, and it is proven in the for sale section.

Yes, at the end of next summer you should be able to get at least 10% off msrp so I wouldn't pay a dime more. That's because you have to keep in mind that you're buying a car that's already a year old and the resale on it the very same day you drive off the lot will be the same as the guys that got one a month ago. :cheers:

Show us the quotes and the dealer's names of all these places where they are falling fast.

You really hit it big time!!!! While they're sitting around waiting for the prices to drop, we're out there enjoying every mile. Oh.... and when the sticker price goes up a couple grand in the coming years (and we're thinking about replacing the tires on our Z51's) I can't wait to hear 'em bragging about getting a real deal on theirs. By the way, my local dealer already has one on the used car lot for a few dollars off the sticker and it only has 500 miles. Seems the buyer already upgraded to a Z51 'vert'. Life is short and you're goin' to be dead for a real long time....

I am curious what will happen to the C7 pricing when the HP model like the Z06 comes out. I am also wondering if first gen owners will do the same thing and buy the body kit to convert what they have to look like the new performance model. I think someone has already made a wide body version and it will be interesting to see how close that one is to what GM releases. Going to be interesting to watch the C7 play out just like to was watching the evolution of the C6.

I think dealers trying to keep allocations ordered non Z51s hoping they would move quickly during the constraints. Now the driving seasons coming to a close for the north, they need to get them sold. Also second round allocations to dealers who were unable to get C7s will soon be jumping in to try and get in the game.

Why do I get the feeling this makes you happy? Oh wait, I know :lol:

Weber Chevrolet
http://dorightsoftware.com/pics/weberdiscount.jpg

Had an ad last week for 2K off premiere edition.

I see a few things affecting the market: Z51 cars are constrained, they can't be built or sold in any volume at any price; the Z51 package is a steel at $2800, so non Z51 cars need to be discounted to sell. So, if dealers would rather sell something than sell nothing, they're discounting non-Z51 cars. That's not exactly a big shift in market demand, it's more of a response to constraints. Don't get me wrong, I'd rather pay less myself but realistically I don't see any real price weakening yet.

You are a just a C 7 hater plain and simple . I'm so sick of your negative post.

If the guy is who someone else said he was with a previous screen name, I got so tired of his anti-C7 snark shots that I made negative remarks, in one post, about some chrome doo-dads he had added to his C6 and he went absolutely psychotic before being banned. Ain't that always the way though. :crazy: :crazy2: :crazy:

^ If the guy is who someone else said he was with a previous screen name, he has no business being here, imho.

It's him. That avatar pic is the same one that Torched posted a few times. He posted pics of a few cars in the same location. He also posted pics of an SSR. He took a lot of flack for claiming to have connections in the Bowling Green plant that would give people tours outside of the standard BG tours. He said he traded favors and let these people come to studios where he works filming TV/movies.
Eventually, those posts/pictures will be found and he'll be exposed for who he is...a twice-banned member who has returned under a new screen name where he misspelled "lightning". :lolg:
S.

:lurk: :bigears

Ohhhhh, that guy, you said something about him in a past thread, calling him out of sorts. :lol:

:iagree: Nice to see a vote of confidence in GM QC, the early issues are probably already corrected. Bigger discounts are inevitable down the road, but so are MSRP raises so who knows what the bottom line will be. For the sake of a few grand, live now if that's what you want. I feel for someone who needs to put their life on hold over a few thousand bucks.

Same. I actually had a guy take a selfie infront of the car last weekend.

cam

As has already been said...bingo. The excitement of having what is only the 7th generation Corvette in 61 years is far more rewarding than saying I got $5k off MSRP later in '14 or '15. :lolg:
S.

It's really quite surprising how much attention this car gets.
Today, I picked up my 14-year old from school and we stopped at Sears. On the way into the store a car busted an obvious U-turn in the parking lot and came back to the row where my C7 was parked, drove down it, and stopped to look at the car.
We watched from the door to the store as they circled around again.
On the way out of the store, we noticed a guy standing in the middle of the parking lot taking pictures. In fact, as we approached from the passenger rear, I actually had to walk around him to avoid getting in the pictures. He spent several minutes telling me what a beautiful car and color it was and asking questions.
Friday, I dropped the car off at Bodymotion, which is a big Porsche shop in Ocean Township, to have the Xpel done. Within a few minutes of being there, a 50-something guy who was sitting in their showroom was out in the parking lot taking pictures of the car. After I spoke with the installer, the receptionist told me what "beautiful car" it is.
This hasn't happened once or twice, it happens nearly every time I take out the car.
IMO, GM hit a home run with the styling of the C7 and the general public agrees. The fact that they run 11.4's out of the box is just icing on the cake.
S.

Go look in the dealer section $2000 off MSRP is already being advertised for anyone and many other dealers are doing the same thing too even though they aren't posting up here to that effect. Better deals than that are being offered to good customers of some Chevy dealerships too - case in point what just happened to me. Sorry if you are upset because your prediction of C7's selling for MSRP for at least a year or more was so off base, but simple supply and demand was bound to take hold after the small number of "had to have it on my block first" people got theirs at a premium :yesnod:

As I've already said I have no interest in a non-widebody base car even with Z51. With how heavy the C7 ended up being it will take a far higher hp version with an auto available to lure me in to buy. If not then I will be forced to just keep enjoying my 14' CTS-V sedan and 12' GS Coupe :thumbs:

C7 Z51 is a sweet car but i bought a 2013 ZR1 a week ago instead. Only a few left in the nation. It is a rocket and only 2.2% of the C6 total production were ZR1's. I will pick up a C7 Z06 or ZR1 in 5 years after my new purchase is paid off.:D

All things considered, the C6 ZR1 was, and will always remain, a remarkable achievement by Chevrolet and Team Corvette. Congrats :cheers:

Naaww, don't tell me bettermostcorvettes is back under a new name. That guy should be permanently banned under any name.

'nuff said! :cheers:

At the end of the day its a regular production car. This is going to happen period.

I am an exception but my 650xi is my daily driver.

Gone already ........... That was fast work by the mods :-)

No question you are correct. These "people" saving nickels waiting to get discounts..:lol: is nonsense...

Enjoy the experience of the new c7 as the time is right for you new owners


My hats off to you guys

Life is not always about what you save or how big a discount off of MSRP.

Sometimes it's about the experiences you have...

There is a reason I always hated the term bang for the buck

As it totally ignored the importance of the life experience you get owning and driving a corvette.....

Transcends money or a few grand discount way down the road

If the time is right .....buying a new release is huge fun! And worth every non discounted penny.

Still haven't seen one in my area and nothing from any local dealers.

OMG $2K off??

I'll take 10 of them!!

Since when is $2000 discount on a new $60,000 car is a huge deal? Hell if are the type that can afford a $60K car anyways.. a $2K discount is going to make or break the deal.

Exactly! Good to see someone who gets it. C6 values are going to continue to drop as expected, no big deal.

It always amazes me how current owners of a vehicle in question often equate asking prices with selling price or actual cash value. Huge misconception. There are many, many, cases where the 2 are wildly different. The used car market for a novice seller can be a brutal experience. I also love how those who have fantasy land ideas about what their vehicle or similar is worth challenge those who deal in reality with the "show me where I can buy one for that price". Stupid, stupid, stupid.

:cheers: :thumbs:

Are we talking discounts on Z51's or non Z51's. I would expect them on base cars sooner then later, but not on Z51's yet.