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Old 16 May 2021, 09:54 PM   #73
superspectral
"TRF" Member
 
Join Date: Feb 2021
Location: Ohio
Posts: 84
Quote:
Originally Posted by Krash View Post
Same thing is going on right now with the new Corvette Stingray C8. It's virtually impossible to get one at MSRP. People are waiting months and spending well over $100,000 for a car that lists at around $85,000. If the car wasn't so popular, and demand wasn't so high, you'd be able to walk into a dealership and buy one today with the usual 7 to 10% discount that you get on every other car.
Car dealers are not forced to sell at MSRP so there is probably very little to no Corvette "flipping" going on. And a 6 month used C8 is probably selling for less than what a dealer can get for it (if perchance it goes up for sale). There is a vintage collectible car market *but* a C8 is not that yet.

Chevy dealers are not luxury outfits and are not selling luxury product. IMHO their product is much nicer than it was 20 years ago but their cars are aimed at the average consumer. The Corvette is a halo performance product meant to catch the eye and bring in customers. The kids look at it while dad buys a Silverado - at below MSRP.
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