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Old 01-05-2020, 09:27 AM   #1
Deputy Dog
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19' Vettes not selling.

My local Chevy dealer is one of the biggest performance car and Vette dealers in my area. They have 39 2019 Vettes on sold! Prices have been dropped 10-13k on all models. Prices now from about $50-80k. 2020s will sell at starting $60k. But will be available by pre-order only and are already sold out. Do you think Dealers will need to go even lower on 2019 vettes? I'm thinking those who want the C8 but have not ordered will have to wait until 2021 when dealers can pre order for off the lot sells. I'm thinking those who want a new Vette will wait for 2021 unless Chevy makes offers people can't refuse on a 2019. I was never in the market for one but if they get lower I may have to consider one at a price I can't refuse.
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Old 01-05-2020, 09:32 AM   #2
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If I could use a two seater I might jump in c7.
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Old 01-05-2020, 10:11 AM   #3
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Unsold 2019's will flood the market for the next year and kill resale values for all of them on the road today....
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Old 01-05-2020, 10:22 AM   #4
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My dad's got a 2017 C7 Z06 convertible 7M with all the bells and whistles and I'll bet it's worth less than half what he paid for it now. IDK but he's probably upside down on it too (I know he's got a loan but IDK how much). Ouch!
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Old 01-05-2020, 11:04 AM   #5
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My dad's got a 2017 C7 Z06 convertible 7M with all the bells and whistles and I'll bet it's worth less than half what he paid for it now. IDK but he's probably upside down on it too (I know he's got a loan but IDK how much). Ouch!
If he’s going to keep it for a long time it’s not too bad of a situation, but if he’s going to flip it soon, then yeah it would be bad.
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Old 01-05-2020, 11:09 AM   #6
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If they are at the dealer, they sold just fine. I do not believed they are forced to take allocations of vettes?
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Old 01-05-2020, 11:24 AM   #7
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Corvette depreciation...not horrible, but might happen quicker with the C7 due to the C8...A slightly used '19 would be an even better deal...

https://gmauthority.com/blog/2018/11...te-depreciate/

Probably no better time to get a new C7 than right now....Anything of significance below MSRP is money saved rather than having it just disappear with depreciation as time goes on. Good luck.
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Old 01-05-2020, 11:36 AM   #8
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If they are at the dealer, they sold just fine. I do not believed they are forced to take allocations of vettes?
Corvettes are allocated to the dealers who order them the most. If you stop ordering 19s it will hurt your allocation of 20s.
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Old 01-05-2020, 12:11 PM   #9
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It will be interesting to see what C7 prices look like in a couple years.

It'll also be interesting when teens can afford 450+ hp cars as their 1st car, that's coming very soon.
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Old 01-05-2020, 12:18 PM   #10
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It will be interesting to see what C7 prices look like in a couple years.

It'll also be interesting when teens can afford 450+ hp cars as their 1st car, that's coming very soon.
115 mph cars are all over the place now. it is humbling to think about. 115 is the new 105.
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Old 01-05-2020, 12:52 PM   #11
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Unsold 2019's will flood the market for the next year and kill resale values for all of them on the road today....
That is true with ALL GM cars (including Corvette's & Camaro's). It's a beautiful thing actually as a consumer IF you time it right. Never be the 1st in and always be patient.

I am MUCH happier in my discounted $47K 2SS 1LE than I ever was in my $78K M3

But it does work against you if you are an early adapter OR you tend to flip cars every year.
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Old 01-05-2020, 12:55 PM   #12
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A quick search on autotrader has some around $45k. Probably more after you remove the discounts that you don’t qualify for. I don’t think I could pay $45 for a c7 with the c8 starting at $60. I think the c8 is going to hurt the prices of many cars.
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Old 01-05-2020, 01:25 PM   #13
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If he’s going to keep it for a long time it’s not too bad of a situation, but if he’s going to flip it soon, then yeah it would be bad.
Well he’s 82 (and drives a M7!) so flipping isn’t the issue!
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Old 01-05-2020, 02:34 PM   #14
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Meh.

I was at my local dealer yesterday and they weren't discounting their C7 prices much. They had 2 GS and 2 Z06's.

I just have never been able to bring myself to be a fan of the C7. They're nice cars. The interior is a big improvement over the previous generation, better seats, less parts cross-shared with other platforms, etc. They suffer from 2 big issues IMO. First they're heavy. You can get a C7 that weighs about like a 1SS. Obviously this is a SC'ed Vette, but it still doesn't need to weigh like a V8 powered Mustang or Camaro. Second they try too hard to look like a budget supercar, and they look like a Gallardo violated a C6. The C6 was such a good looking car because it was simple and clean. A third issue would be that they gain a lot in cost, and a fourth issue is as cool as a factory SC'ed V8 is, it isn't as cool as a lightweight/compact SBC with a 4.125" bore and a 4" stroke that will spin to 7,200 RPM's. I personally would rather have a C6 Z06 or ZR1 than any C7. Especially if talking about a Centennial. JMO.

I will amit that the C7's look much better upclose than they do in a picture or from a distance, and some might make the case that a 19 SS looks like a 16-18 SS got violated by a new Accord, but still not a huge C7 fan. I have warmed up to them more than I used to like them.
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