GM raising C7 prices..

DCNISMO · 03-07-2014, 09:57 PM

Hmmmm….Don't get took greedy GM…

GM raising Corvette prices - Mar. 7, 2014

TerribleONE · 03-07-2014, 10:03 PM

I am kind of surprised but still a bargain. I think they are making room for the smaller 5.3L V8 version that's coming

MMC Racing · 03-07-2014, 10:03 PM

They need to make the money now. In 2 years they will be selling 6k+ off.

G37sHKS · 03-08-2014, 12:39 AM

Why im not surprised.

ka24king · 03-08-2014, 12:57 AM

i may or may not have ordered one

6 - 8 week wait ......

me and my dad decided to pull the trigger last friday

yellow

ImportConvert · 03-10-2014, 11:13 AM

Quote:

"The consumer demand for Stingray has far exceeded our expectations, particularly for the Z51 package," GM spokesman Monte Doran said.

GM is protecting the investment of previous customers, as well as creating value in the brand and using cost to balance supply/demand. It's a win for everyone involved, in my opinion, except those who could not/should not afford the vehicle to begin with.

bruddahmanmatt · 03-10-2014, 12:50 PM

At least they're being honest about it. "We feel like we can charge more for this thing...and we will".

Meulen · 03-10-2014, 01:09 PM

Quote:

Originally Posted by ImportConvert

GM is protecting the investment of previous customers, as well as creating value in the brand and using cost to balance supply/demand. It's a win for everyone involved, in my opinion, except those who could not/should not afford the vehicle to begin with.

that's one way to look at it

. IMO GM is playing the same game the homebuilders were playing when financing on homes were enabled for people that couldn't afford them back in early and mid 2000's. When the car financing bubble burst, they will pay the price

ImportConvert · 03-11-2014, 05:20 AM

Quote:

Originally Posted by Meulen

that's one way to look at it

. IMO GM is playing the same game the homebuilders were playing when financing on homes were enabled for people that couldn't afford them back in early and mid 2000's. When the car financing bubble burst, they will pay the price

I would prefer they do that vs. what Nissan did to every pre-'14 370Z owner out there. "Lowest retained value" is not exactly what a company should aspire to!

Meulen · 03-12-2014, 07:25 AM

Quote:

Originally Posted by ImportConvert

I would prefer they do that vs. what Nissan did to every pre-'14 370Z owner out there. "Lowest retained value" is not exactly what a company should aspire to!

As opposed to how the government prolonged the ultimate downfall of the housing mkt with stimulous? I'd rather take my medicine all at once, just IMO. It's my job to look at this stuff. I can't stress enough how many indicators I see of a bubble in the auto mkt with financing. When you buy a depreciable asset you have to expect it to .....well......"DEPRECIATE". If you're buying cars like this, buy to enjoy it. If you're having fun, why do you care the value is going down? If you care about that, these cars aren't for you. Buy something cheaper so you lose less

UNKNOWN_370 · 03-11-2014, 06:53 PM

Quote:

Originally Posted by ImportConvert

GM is protecting the investment of previous customers, as well as creating value in the brand and using cost to balance supply/demand. It's a win for everyone involved, in my opinion, except those who could not/should not afford the vehicle to begin with.

If GM can make it through this...

GM adds 842,000 vehicles to recall linked to fatal crashes - CBS News

Emotional buyers will stimulate the economy most when they need to downgrade on a trade because they can't afford the car. Then the repos... Fugghetabatit!! There will be a lot of those first year.

ElVee · 03-10-2014, 01:11 PM

They've also mentioned the high demand causing the car to only sit on lots for an average of 7 days, which is very low. Plus with spring/summer teasing parts of the country, it makes sense.

And yet it's still a bargain of a car for what you get.

ImportConvert · 03-11-2014, 05:20 AM

Quote:

Originally Posted by ElVee

They've also mentioned the high demand causing the car to only sit on lots for an average of 7 days, which is very low. Plus with spring/summer teasing parts of the country, it makes sense.

And yet it's still a bargain of a car for what you get.

Exactly. Supply/Demand in a capitalist system is controlled with cost. It's the 'Murican way, and what's more...it works.

shadoquad · 03-11-2014, 05:58 AM

Quote:

Originally Posted by ElVee

They've also mentioned the high demand causing the car to only sit on lots for an average of 7 days, which is very low. Plus with spring/summer teasing parts of the country, it makes sense.

And yet it's still a bargain of a car for what you get.

They really need this car to be a huge success, too. While the previous gen Vette was pretty and quick, they need improved sales numbers from that gen.

Although, I read (possibly in Motor Trend or C&D) that Chevy is pulling all of it's normal models out of Europe, except for the Corvette, in the next few years.

UNKNOWN_370 · 03-11-2014, 06:56 PM

Quote:

Originally Posted by shadoquad

They really need this car to be a huge success, too. While the previous gen Vette was pretty and quick, they need improved sales numbers from that gen.

Although, I read (possibly in Motor Trend or C&D) that Chevy is pulling all of it's normal models out of Europe, except for the Corvette, in the next few years.

The C6 was victim to an unpredictable economy.

03-07-2014, 09:57 PM	#1 (permalink)
DCNISMO Track Member Join Date: Nov 2011 Location: washington dc Posts: 995 Drives: Nismo Z Rep Power: 179	GM raising C7 prices.. Hmmmm….Don't get took greedy GM… GM raising Corvette prices - Mar. 7, 2014

03-07-2014, 10:03 PM	#2 (permalink)
TerribleONE A True Z Fanatic Join Date: Jan 2009 Location: Socal Posts: 10,203 Drives: WOT Rep Power: 5851	I am kind of surprised but still a bargain. I think they are making room for the smaller 5.3L V8 version that's coming __________________ 638WHP 541WTQ @ 13.5PSI Build thread

03-07-2014, 10:03 PM	#3 (permalink)
MMC Racing Track Member Join Date: Jun 2009 Location: San Diego Posts: 661 Drives: 2015 GT-R Rep Power: 17	They need to make the money now. In 2 years they will be selling 6k+ off. __________________ 2014 F150 Raptor, 2014 Mazda 3, 2015 Nissan GT-R

03-08-2014, 12:39 AM	#4 (permalink)
G37sHKS A True Z Fanatic Join Date: Feb 2010 Location: Dubai Posts: 1,183 Drives: 09 G37S Coupe 7AT Rep Power: 21	Why im not surprised. __________________ G37 BUILD UNDER CONSTRUCTION

03-08-2014, 12:57 AM	#5 (permalink)
ka24king Track Member Join Date: Feb 2013 Location: texas Posts: 582 Drives: '10 370z 40th annv. Rep Power: 14	i may or may not have ordered one 6 - 8 week wait ...... me and my dad decided to pull the trigger last friday yellow Mr&Mrs and GaleForce like this.

03-10-2014, 12:50 PM	#7 (permalink)
bruddahmanmatt Base Member Join Date: Jun 2012 Location: N.O.D. Posts: 39 Drives: For The Hell of It Rep Power: 13	At least they're being honest about it. "We feel like we can charge more for this thing...and we will".

03-10-2014, 01:11 PM	#12 (permalink)
ElVee Track Member Join Date: Mar 2013 Location: Iowa Posts: 750 Drives: 13 370z 7at t+s grey Rep Power: 17	They've also mentioned the high demand causing the car to only sit on lots for an average of 7 days, which is very low. Plus with spring/summer teasing parts of the country, it makes sense. And yet it's still a bargain of a car for what you get.

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