Selling well or not? - Page 7

b4z · 01-05-2016, 07:34 PM

Keep in mind there is not a lot of profit in a new vehicle. Especially a passenger car. So unless you have a voucher or some other incentive there are not going to be large discounts till end of the model year.

dlions20 · 01-05-2016, 07:39 PM

I had a dealer have a 1ss for over a month and when I was inquiring..the price was ridiculous to lease so i asked this very question . Exact answer from the salesperson is that not many people are used to walking into a dealership and paying this much for a camaro.

I just think price is to high right now.

Bongos2U · 01-05-2016, 07:46 PM

Quote:

Originally Posted by dlions20

I had a dealer have a 1ss for over a month and when I was inquiring..the price was ridiculous to lease so i asked this very question . Exact answer from the salesperson is that not many people are used to walking into a dealership and paying this much for a camaro.

I just think price is to high right now.

This has been said before, but I hope we don't have a repeat of the ATS / CTS situation, where GM engineers a superior vehicle, only to shoot themselves in the foot because they price the cars too high.

raptor5244 · 01-05-2016, 08:24 PM

Quote:

Originally Posted by Bongos2U

This has been said before, but I hope we don't have a repeat of the ATS / CTS situation, where GM engineers a superior vehicle, only to shoot themselves in the foot because they price the cars too high.

Good point. Everyone wants a better Camaro than the next but at what price point. How far upmarket do they plan to take the Camaro SS? I was in a dealership by me and even the sales reps felt like the price was too high. They felt defeated trying to justify a $41k V6 Camaro. I think I am a buyer for a 1SS with MN6, NPP and maybe MRC, which puts it just under $40k MSRP. By the way, I paid $38,500 for a 2SS 1LE, NPP, NAV, Sunroof. So, as you can see I would have to step down from a loaded 2SS 1LE to 1SS to keep the price point similar just 2.5 years later. Another viewpoint on how the price went up.

Jeanius · 01-05-2016, 09:39 PM

The more I run the numbers the more I think it may just be too expensive for me, im not getting a v6 and I need leather for the kid/pets 2SS or nothing

BrandX · 01-05-2016, 10:04 PM

....and i thought i would get flamed for saying Chevy priced this car too high.........!!!!

I will now predict that the Camaro will not outsell the Mustang in 2016...in any month!!!!......unless Chevy puts serious incentives on the car.

This is a Great car that outperforms its competitors. However, if anyone thinks Chevy is going to steal significant sales from BMW, Mercedes, Infiniti or Lexus coupes they are sadly mistaken. I think with a few exceptions, those makes bring in a different class of buyer who will not give the Camaro a second look.

Plus a local dealer in the Tampa area is advertising 2016 Mustang GT with the Performance Pack for around 33K. 1/2 second slower, but who really cares. $7-$8 grand less is a lot of coin to most of us.

As I type this, Fox News just reported the average price of a new car is $34K.....Maybe it is just the time we live in and these prices are the new "normal".

davet435 · 01-05-2016, 10:11 PM

Quote:

Originally Posted by Number 3

Seems conflicting to the news of GM adding a 3rd shift (which I think was planned after the launch ramped up) but I just got an email from the dealer where I took a test Drive 1 month ago saying, "the car you test drove has just had the price reduced".

So one, it's been sitting on the showroom floor for a month.

And already a price reduction???

I know some folks have been getting sticker and even below very early in the launch based on other posts, but a nice looking, well equipped 1LT shouldn't be sitting for a month for a supposed hot selling new car, let alone having a price reduction.

Also noticed on my GM card bonus through February the new Camaro is included.

Could also be a simply ploy to get me back in and have them show me another car.

I bought mine 12/23 at 3,500 off sticker. What is he pricing you? It was a legitimate mistake on the price they posted on the Internet, but they honored the price. Still the correct price was 2500.00 off sticker. I'm in a very competitive market with a lot of dealerships which plays a part...

daytonagary · 01-05-2016, 10:16 PM

Price is on the high side for me too. And another problem I see is the Camaro market is flooded with gen5 models and most of those owners would love to move up but how many can afford to do so and what are the old camaros going to be worth if the market is flooded with those for sale. The only reason I haven't bought a camaro before now is there are just too many of them out there and I like to drive something more unique. Three of them parked in the Walmart parking lot alone every day owned by walmart employees and driving to walmart from my house, a 2 mile drive, I always see a camaro or two. But with the Cadillac suspension and Corvette engine and Corvette electronics on the new generation I am going to order one come April. A 1SS mostly because there is really nothing other than leather seats on 2SS that I want and also to keep the price down to 37,000 or so. Heated seats, heated mirror, HUD, and other fluff I don't need on my muscle car so 2SS not for me. Will have dealer install leather seat upholstery.

Factorypilot · 01-05-2016, 10:44 PM

Hey guys,

Been reading this thread with a great amount of interest. I'm becoming concerned that even though my price is good (500 below invoice), that in 1 year I will already be upside down (not putting a ton of cash down). A while back I was looking into 2013+ Boxster S'
and now I'm thinking about it again just because I don't want to take a beating on resale value in case I decide to get something else a few years down the line.

The 2SS is a great car, but I'm starting to wonder if I need to wait (which would suck because I need a second vehicle), or just go a different direction (wife doesn't like Vettes).

Any thoughts?

AN0NYM0US · 01-05-2016, 11:39 PM

My 3 local dealers all have multiple ones on the lot for over a month and not sold yet, they better release some incentives

Sent from my iPhone using Tapatalk

tripowergto · 01-06-2016, 08:30 AM

In Dec 2014 GM sold 6628 of the stale 2014/2015 models. This Dec GM only sold 5366 Camaro's while featuring a mix of highly discounted 2015's and reasonable inventory of brand new but more expensive 2016's(with zero incentives) in a record Dec vehicle sales market. Meanwhile the new Mustang continues to outsell Camaro by a wide margin, unlike the Gen5 model run.

GM would have been MUCH better served replicating its C7 Corvette launch. Base 2014 Vette's were barely $1000 more than the far inferior outgoing 2013 model. Demand was so strong it was a home run success while supply could not keep up with sales affording GM the opportunity to raise the base MSRP $2000 in short order. Hardly anyone blinked an eye while demand remained exceptionally strong. This style roll out would have truly helped price perception of the new Camaro as its core fan is much more price conscious.

KMPrenger · 01-06-2016, 08:46 AM

I'm concerned as well, but come on folks...this needs more time (at least another 2 - 4 months more time) before we can really draw any fairly accurate conclusions here.

I like what trippowergto above said about launching the Corvette just very slightly above the previous gen's price, therefor creating high demand for a vastly superior car, and then raising the MSRP a bit later on. Too bad GM didn't try that.

About 40K plus V6s. Come on folks...that is not the norm. Yeah...I have seen one, and frankily I think its just a bad decision to put a V6 car like that on the lot. I loaded up a 2LT V6 with automatic, RS, safety package, lighting package (big cost on this package), NPP....can't remember what else. It was LOADED...and still came out just under 40K. So these over 40K V6 cars must have all of this, plus other accessories added to reach that price.

A nice 1LT V6 with some options (say...auto/RS/NPP)is actually a very good buy in my opinion, as its only a few thousand more than my 2010 1LT was, with more options and a vastly better car. This is what the average buyers need to see...but sadly all the will see are the expensive trims for a while.

SpeedIsLife · 01-06-2016, 08:57 AM

I think one of the big issues is that for the average car buyer...not an enthusiast..not a performance junky..just someone who wants a good looking coupe with a V6..there is a bit of sticker shock. Let's say you're okay with a low mile used car...like this one

http://www.cars.com/vehicledetail/de...5585/overview/

2015 1LT auto. 18,114 miles and $23,988.

A similar 6th Gen, 1LT, V6, auto..is $29,685.

Now assuming you just pay MSRP on both, that's still a $5,700 difference. The 2015 is still under warranty and on the street/daily driving..will perform almost exactly the same. In terms of just wanting a good looking car...what does the 6th gen have in a base 1LT form that the 5th Gen doesn't?

And that's where there will be issues for some people I think..

ChefBorOzzy · 01-06-2016, 09:05 AM

Quote:

Originally Posted by SpeedIsLife

I think one of the big issues is that for the average car buyer...not an enthusiast..not a performance junky..just someone who wants a good looking coupe with a V6..there is a bit of sticker shock. Let's say you're okay with a low mile used car...like this one

http://www.cars.com/vehicledetail/de...5585/overview/

2015 1LT auto. 18,114 miles and $23,988.

A similar 6th Gen, 1LT, V6, auto..is $29,685.

Now assuming you just pay MSRP on both, that's still a $5,700 difference. The 2015 is still under warranty and on the street/daily driving..will perform almost exactly the same. In terms of just wanting a good looking car...what does the 6th gen have in a base 1LT form that the 5th Gen doesn't?

And that's where there will be issues for some people I think..

I swear, dude... Can you ever do an apples to apples comparison?

I've been looking at midsize cars and I can get a 2014-2015 AWD Fusion in the low 20k range.. These cars were 32-39k new.

What you're bringing up is the case for pretty much every car purchase.. Besides a Subaru, Honda, Toyota, and some niche cars.

The way most of these cars depreciate, I'm not sure I will ever buy a new car again. Probably something 2-3 years old.

01-05-2016, 09:39 PM	#89
Jeanius Drives: Blk/Blk 2018 Sierra SLT Join Date: Dec 2006 Location: Golden State Posts: 2,925	The more I run the numbers the more I think it may just be too expensive for me, im not getting a v6 and I need leather for the kid/pets 2SS or nothing __________________ SOLD: 2SS LS3 M6 - MGW - Dynatech LT's HF Cats - Magnaflow Street CB - ADM Race CAI - Pedders Xa Coilovers - Pfadt Sways TRADED: 2016 2SS M6

01-05-2016, 10:04 PM	#90
BrandX Camaro Again? Drives: 2016 Camaro SS Join Date: Oct 2009 Location: Tampa Bay, Florida Posts: 215	....and i thought i would get flamed for saying Chevy priced this car too high.........!!!! I will now predict that the Camaro will not outsell the Mustang in 2016...in any month!!!!......unless Chevy puts serious incentives on the car. This is a Great car that outperforms its competitors. However, if anyone thinks Chevy is going to steal significant sales from BMW, Mercedes, Infiniti or Lexus coupes they are sadly mistaken. I think with a few exceptions, those makes bring in a different class of buyer who will not give the Camaro a second look. Plus a local dealer in the Tampa area is advertising 2016 Mustang GT with the Performance Pack for around 33K. 1/2 second slower, but who really cares. $7-$8 grand less is a lot of coin to most of us. As I type this, Fox News just reported the average price of a new car is $34K.....Maybe it is just the time we live in and these prices are the new "normal". __________________ 2SS, NGM, NPP, MRC, 6M, NAV, Blk Bowties, Split Spoke Gray wheels

01-05-2016, 10:16 PM	#92
daytonagary Drives: 1932 Ford 3 Window Coupe Join Date: Feb 2014 Location: Port Orange, FL Posts: 139	Price is on the high side for me too. And another problem I see is the Camaro market is flooded with gen5 models and most of those owners would love to move up but how many can afford to do so and what are the old camaros going to be worth if the market is flooded with those for sale. The only reason I haven't bought a camaro before now is there are just too many of them out there and I like to drive something more unique. Three of them parked in the Walmart parking lot alone every day owned by walmart employees and driving to walmart from my house, a 2 mile drive, I always see a camaro or two. But with the Cadillac suspension and Corvette engine and Corvette electronics on the new generation I am going to order one come April. A 1SS mostly because there is really nothing other than leather seats on 2SS that I want and also to keep the price down to 37,000 or so. Heated seats, heated mirror, HUD, and other fluff I don't need on my muscle car so 2SS not for me. Will have dealer install leather seat upholstery. Last edited by daytonagary; 01-06-2016 at 08:20 AM.

01-05-2016, 10:44 PM	#93
Factorypilot Drives: 2016 Camaro SS Join Date: Dec 2015 Location: Texas Posts: 355	Hey guys, Been reading this thread with a great amount of interest. I'm becoming concerned that even though my price is good (500 below invoice), that in 1 year I will already be upside down (not putting a ton of cash down). A while back I was looking into 2013+ Boxster S' and now I'm thinking about it again just because I don't want to take a beating on resale value in case I decide to get something else a few years down the line. The 2SS is a great car, but I'm starting to wonder if I need to wait (which would suck because I need a second vehicle), or just go a different direction (wife doesn't like Vettes). Any thoughts? Last edited by Factorypilot; 01-05-2016 at 11:03 PM.

01-05-2016, 11:39 PM	#94
AN0NYM0US Drives: . Join Date: Dec 2015 Location: Michigan Posts: 256	Selling well or not? My 3 local dealers all have multiple ones on the lot for over a month and not sold yet, they better release some incentives Sent from my iPhone using Tapatalk

01-05-2016, 07:34 PM	#85
b4z Drives: '06 Pontiac GTO M6, '19 F150 2.7TT Join Date: Nov 2008 Location: Charleston, SC Posts: 1,424	Keep in mind there is not a lot of profit in a new vehicle. Especially a passenger car. So unless you have a voucher or some other incentive there are not going to be large discounts till end of the model year.

01-05-2016, 07:39 PM	#86
dlions20 Drives: cobalt Join Date: Jun 2015 Location: nj Posts: 23	I had a dealer have a 1ss for over a month and when I was inquiring..the price was ridiculous to lease so i asked this very question . Exact answer from the salesperson is that not many people are used to walking into a dealership and paying this much for a camaro. I just think price is to high right now.

01-06-2016, 08:30 AM	#95
tripowergto WHEELIEFEST 22 ~ 8/14/21 Drives: 18 HW, 16 Vette, 09 G8 GT, 02 Formu Join Date: Jan 2011 Location: Rockin' Rowland PA Posts: 279	In Dec 2014 GM sold 6628 of the stale 2014/2015 models. This Dec GM only sold 5366 Camaro's while featuring a mix of highly discounted 2015's and reasonable inventory of brand new but more expensive 2016's(with zero incentives) in a record Dec vehicle sales market. Meanwhile the new Mustang continues to outsell Camaro by a wide margin, unlike the Gen5 model run. GM would have been MUCH better served replicating its C7 Corvette launch. Base 2014 Vette's were barely $1000 more than the far inferior outgoing 2013 model. Demand was so strong it was a home run success while supply could not keep up with sales affording GM the opportunity to raise the base MSRP $2000 in short order. Hardly anyone blinked an eye while demand remained exceptionally strong. This style roll out would have truly helped price perception of the new Camaro as its core fan is much more price conscious. __________________ 24 Panther 3LT RS Camaro 6SPD 21 Cadillac CT5 Sport 18 Hot Wheels 2SS convertible 16 Torch Red Corvette 2LT 7SPD 10 Inferno Orange Camaro 2SS 426 HP LS3 "MAIDEN" (TOTALED!) 09 Stryker Blue G8 GT w/sport/prem/sunroof 02 Firebird Formula LS1 HURST 6SPD(1st new car)

01-06-2016, 08:46 AM	#96
KMPrenger Drives: 16 Camaro SS, 15 Colorado Join Date: May 2009 Location: Jefferson City, Missouri Posts: 13,969	I'm concerned as well, but come on folks...this needs more time (at least another 2 - 4 months more time) before we can really draw any fairly accurate conclusions here. I like what trippowergto above said about launching the Corvette just very slightly above the previous gen's price, therefor creating high demand for a vastly superior car, and then raising the MSRP a bit later on. Too bad GM didn't try that. About 40K plus V6s. Come on folks...that is not the norm. Yeah...I have seen one, and frankily I think its just a bad decision to put a V6 car like that on the lot. I loaded up a 2LT V6 with automatic, RS, safety package, lighting package (big cost on this package), NPP....can't remember what else. It was LOADED...and still came out just under 40K. So these over 40K V6 cars must have all of this, plus other accessories added to reach that price. A nice 1LT V6 with some options (say...auto/RS/NPP)is actually a very good buy in my opinion, as its only a few thousand more than my 2010 1LT was, with more options and a vastly better car. This is what the average buyers need to see...but sadly all the will see are the expensive trims for a while. __________________ 2016 Camaro 1SS - 8-speed - NPP - Black bowties 2010 Camaro 1LT V6 (Sold. I will miss her!)

01-06-2016, 08:57 AM	#97
SpeedIsLife Drives: Current Camaro-less Join Date: Jul 2014 Location: Oregon Posts: 3,241	I think one of the big issues is that for the average car buyer...not an enthusiast..not a performance junky..just someone who wants a good looking coupe with a V6..there is a bit of sticker shock. Let's say you're okay with a low mile used car...like this one http://www.cars.com/vehicledetail/de...5585/overview/ 2015 1LT auto. 18,114 miles and $23,988. A similar 6th Gen, 1LT, V6, auto..is $29,685. Now assuming you just pay MSRP on both, that's still a $5,700 difference. The 2015 is still under warranty and on the street/daily driving..will perform almost exactly the same. In terms of just wanting a good looking car...what does the 6th gen have in a base 1LT form that the 5th Gen doesn't? And that's where there will be issues for some people I think..

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