SHOULD you pay OVER MSRP for a C8 Corvette?
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- Опубликовано: 16 окт 2024
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The real question is should dealerships be disbanded/ should customers be able to order straight from the manufacture?
That’s an easy one though 🤣
I ordered a C8 Stingray through Rick Conti in September,it was built in mid December and I received it a couple of weeks ago. I paid MSRP with no deposit. Rick was great to work with and does not jerk people around...very straight forward.
He seems like a good dude!
@@HorsePowerObsessed I had nothing but good interactions with him throughout the buying process. We texted and spoke on the phone numerous times. He is not just a car salesman,but someone who lives and breathes Corvette.
Hmmm. Guy asked folks to email him what buyer is willing to pay over MSRP after months and months claiming never over sticker
@@wmurph3 I was speaking specifically about purchasing a Stingray. I have seen where he asks people to email him about pricing for a Z06.
I know this is a tough subject as everyone’s situation is different. Like many I hate paying over sticker. That said I found myself in a situation where to get a car (SR) at MSRP would be an 18 month wait or longer. This is in fall of 2022. My local dealer bought my C7 for what I had paid for it 5 years earlier. Even though it had some issues. I was looking at used C7 z06s which were way over priced at the time. Long story short I ended up getting my specked C8 for 5k over and I got the car in 4 months. If I would have waited for MSRP, It would have bumped me to a 2024 and two price increases later. So 5k over worked for me and I have been able to enjoy the car for a whole year already. Life is short and as I found out with my father who passed unexpectedly in the spring of 2022, every day is a gift.👍😎
100% accurate. Every day IS a gift and you aren't guranteed tomorrow. If you want/NEED to enjoy this car before the end then pay over. I'm not saying you SHOULD pay over, but everyone's situation is different.
I bought my 2020 C8 at MSRP and I bought my 2023 C8 Z06 at MSRP, I was very happy with my dealership for being so straight up 👍 great video Justin
Thank you! That's best case scenario and luckily, I'm in the same boat but some aren't so lucky.
Very true, I was very lucky 👍@@HorsePowerObsessed
Which dealer? Congratulations!!
Bought my 23 ZO6 at MSRP and would never pay a penny over. Stingrays are going for 5k under at a lot of dealerships right now if you want one.
Nice job on this video.
I walked into my local small town dealership and asked to be put on the list. Three weeks later they called me saying I had an allocation and my 3LT, Z51, fully loaded Stingray was then on order at 3000 status. I paid $5000 over MSRP, but I considered the alternatives. If I would’ve gone anywhere else it would’ve taken approximately 18-24 months to put my car on order. I figured by the time that would’ve rolled around, the MSRP ($97,000) from GM would have gone up more than $5000 for the same vehicle and the same options. I ordered my car September 2022 and picked it up at the museum in January 2023. When the new prices came out for the 2024, my $5000 over MSRP came out about the same. I’ve had the pleasure of being able to drive that car for over a year now. Whereas if I didn’t pay over MSRP, I would probably still be on some list somewhere in a different part of the country.
This is really the best advice anyone can give. It’s ultimately a personal decision based on many factors. You did a great job at pointing out those factors that people may not think of.
Thank you!
Great video. I just took delivery of my 2024 Z06 I did pay $12K over (can't believe I just typed that) but I made $19,800 on the sale of my 2020 C8 over 18 months ago. I'm 73 and was on a list for over 2 years since I wasn't getting any younger I paid the price for a car that had every option I wanted including ceramic brakes. With the profit from the 2020 I felt financially justified to pay up money while I'm still young enough to enjoy my 10th Corvette. Also thanks Justin for all the mod videos on the Z06.
Great Vlog….Sad sad state on this issue… I was recently at my local Chevy dealership helping my daughter purchase a new SUV and they had a new C8 Z06 with the Z07 package on the floor… $150,000 + with a $30,000 ADM…I spoke to the owner and voiced my displeasure about the ADM but understood the market and how I felt different about a one time customer coming from out of state to purchase this, versus me who has been buying here for 40 years. He instantly said its mine for MSRP if I wanted it 🤣 We both laughed at not wanting another full time job keeping a Black Z06 looking sharp while driving it. I did make sure he knew I was interested in an ERay if and when they get an allocation. I’m sure ADM’s will be the big thing with them well before we have to worry about the ZR1… Long story short, if you have a relationship with your local dealership, reach out as you never know what they can or will do !!!
Our dealer here in Nebraska does not get a lot of Corvettes so they're allocation was small and we were on the list for 2 years but as of the first week of April 2024 our car is now being built a z06 with z07 so we are very pleased that our dealer said we could buy it at MSRP.
That's definitely awesome! Congrats!
I was at Whitmoyers yesterday and was told they’re going $5k under MSRP for the Stingray. He also said they’re about 5 years out on allocations too.
I paid msrp for my 2020. It's the first time I have ever paid msrp in my life. I would never pay over msrp. If the deal is not there, then it was not meant to be for me. But in the end, we are all grown ass men. Do what is best for you. Good topic Justin and a touchy one too.
Very touchy. I only got into it because of how often I'm asked this question.
Great points…. Always appreciate your point of view!
I appreciate it, my friend.
Solid advice. One needs to decide what is their best interest. As a owner of ten Corvettes in my lifetime, I personally would walk away. I am 70 years old and have the available funds but refuse to reward greedy dealers who ripoff buyers. 🇺🇸
There’s dealerships selling new ones at a discount. I bought a c8 this week 5k under MSRP. The dealership that I bought has three more c8 at 5k off. Dealerships out there has allocations to order now.
It depends on your position I bought my 2021 C8 HTC Z51 and paid a premium. I’m almost 60 years old it’s not worth it to order a car that takes a year or longer to get. I may not live to see it. But I want a C8 Z06. So I went to my dealership in PHX and they wanted $250K for the car. That’s ridiculous and total BS. So hopefully they drop off the premium in a few more years.
I don't negotiate prices with the dealer. I do my homework throw out what I'm willing to pay and that's it.
In my 30 years of buying new cars, I never paid more than 500 dollars over invoice for a car. Then, in summer of 22 my son and I wanted, (needed) to get one. Nothing was available to order except the local dealer who was upfront about 10K over. I did it and had the car delivered in three months. One year and 10,000 miles later, it was the best “bad” financial decision I ever made. 😂 That being said, MSRP or under is the market on Stingrays a year later. Great topic to discuss Justin!
Msrp also went up since then so it’s not that bad
Yup I’m in the I over paid group. At the time July 2022 there wasn’t any allocations to be had and no cars out there for sale. So I stumbled on to my car at my local Chevy dealership that was a purchase back out. The salesman said it’s available, they had 6 bidders, I had cash, I got the car but it cost me 20k over. So now after taxes etc I’ve got a 130 k Stingray HTC Z51 . Definitely underwater, but hey I got the car. It’s paid for and it’s only money. lol
And you got to enjoy a really awesome car longer than you would have if you waited. I'm not saying you SHOULD pay over, but everyones situation is different.
We found the exact vehicle I had built on the Chevrolet website after wanting one for 3 years in a local dealership in 08/23. They advertised it for MSRP but when we started going over the paperwork they had tacked on $20k ADM. we walked out, two days later they called and asked if we were still interested for MSRP. Our 2023 3LT HTC non Z51 with performance exhaust, front lift, magnetic ride, carbon flash painted wheels, low spoiler, top, nacelles, and several other trim pieces is a perfect contrast to the Arctic White paint. The 2 tone interior, red and black, completes the car. It had 5 miles on it when we picked it up, we had 11:53 park it for the winter 2 1/2 months later due to emergency hip surgery not due to the vehicle height or lack thereof. I am 75 yo and this is the best vehicle I have ever driven in my 60+ years of driving.
Thanks Justin for sharing your personal thoughts on this topic. It’s unfortunate this sort of blackmail/strong arm tactics are being used by the dealers.
You’re welcome. Definitely unfortunate but it’s the world we live in…
Another thing to note in Canada is that both the Stingray and the Z06 are harder to get. I looked at the numbers, and for 2023, there were only 230 Z06's delivered here. Thankfully I was lucky enough to get a 2024 but we also have insane tax on our vehicles including luxury tax.
You got both Z06 and ZR1 if you got only choice which one you pick?
My dealer didn't charge me over MSRP for my C8 Z06/Z07 $171K before tag/title. $186k out the door , I'm 1st on the list for C8 ZR1. If I decide to get the C8 ZR1, I will definitely let you know if they charge over MSRP. Love the content, keep up the good work Justin.
I paid $5,000 over for a 2023 C8 Anniversary Edition, 3LT front lift. It’s what i wanted and they are not making anymore Anniversary Edition’s. Bedside’s a wanted it.
This is the only car I ever paid over sticker. I bought many cars from other states because most of the dealers in NJ are not very honest. The best dealers for Corvettes in NJ are Conti’s and it was Kerbecks. I don’t know about Ciocca.
I found an allocation for a Z06 from this past round. We agreed on $10K over. Like you, I don't necessary like the idea of paying over. But if I was going to pay over, it had to be an allocation. No way was I spending this kind of money and especially over MSRP for an in stock unit that has compromises from my ideal spec.
Ultimately my logic came down to while I can wait a couple years for the car, the MSRP would be that $10K higher or close to it anyway. The 2024 price increases really hammered that down. Yes absolutely on principle I am with you I wouldn't pay over MSRP. Reality is while that $10K over is going into the dealers pockets, in practical terms for me as long as it turns out the way I think it will be, it didn't cost me anything more than time lost to enjoy the car. $10K was my absolute limit though. Was not going to pay anything higher than that.
GREAT ADVICE & INFORMATION !! GENERAL MOTORS & DEALERSHIPS ARE TOTALLY OUT FOR THEMSELVES !! UNLESS A GUY IS WEALTHY ,A GUY SHOULD JUST WAIT IN MOST CASES !! JESSE VIA LAS VEGAS
With as cool as the cars are visually and technologically, I personally would not pay over MSRP for anything. Just me
You were lucky. I couldn't find a C6 Corvette Z06 for less than sticker. I never got test drive either.
I got my 2025 Z51, LT3 for MSRP in 6 weeks (ordered in Sept, picked up in Nov at NCM) after walking away from another dealer wanting 10K over for an LT2. People need to do research as there are dealers willing to deal. I was able to walk in, order the car with everything i wanted, and no deposit.
No way you picked up a 2025. Perhaps you need to re-think that ???
Love it. I didn’t pay over and I absolutely will not!!
You are in the category that doesn't "need" to, though.
HPO, If you got the money just pay it, If not don't. Just make sure the car is EXACTLY what you want.
💯
Well thought out and stated Justin.
I paid 15k over for my non z07 z06 in Sept and while I love the car...I now regret it ha. Live and learn. Atleast it wasn't 50k over lol.
Exactly. Live and learn. If you don't have to, I would recommend NOT paying over but the video pretty much covers all angles.
@@HorsePowerObsessed Yes, I got sucked into the hype thinking these would hold values for awhile. I hope to sell it in the spring if values go up.
Not THAT bad...and you have it now. Would you be happier to get one at MSRP in another two plus years?
I just bought my 2024 non-Z07 Z06 for $8k over. I’ve been on lists with dealers that changed their mind about MSRP for 3.5 years. I had a “chance” to pay $50k over to one last May. I agree with this video mostly. I would add one more consideration: the MSRP is going up every year. In the end, I decided $8k was worth not waiting another 1.5-2 years considering that with the higher MSRP, the difference would be small. I’m 56, for the record. I had also made more than the MSRP increases and $8k premium over the last 1.5 years with the money invested to buy this car. Just my perspective. Each situation is unique.
I bought a new '24 C8 Z06 Z07 off the lot. And yes - I paid $7,400.00 over MSRP. Criticize if you want, but I didn't want to wait. People can hate all they want but I'm driving my dream car. Get over it.
100% agree. If it makes sense for you, absolutely do it and enjoy it! The car is a beast and is EASILY worth 7,400 over especially if it makes sense for you.
Shop around, make an offer at msrp, and some will take msrp for a Z06. I found and bought my 2024 1LZ at MSRP 12-30-23.
Thanks for making this video 🙏
No problem 👍
I bought my 2022 C8 Corvette from Mike Furman from Criswell Chevrolet for MSRP. I would recommend him to anybody.
The car is awesome and if you can afford it then pay the extra. just like you said Justin, once you drive it you’ll forget all about how much you paid for it 👍🏼
So true!!
Great video Justin. I agree with everything that you said.
I appreciate it, my friend! Thank you for taking the time to leave a comment.
Good Stuff Justin…how well I know….
Thank you. It is unfortunate, but you did it for a good reason, too.
I would never pay over what I order from Factory. I can go to another Chevy dealer and contact GM too about it. I'd want the one I want, not off lot dealer got on order..
Everyone's financial situation is different. It's basic supply and demand at work. For some people honestly 5-7K is nothing and well worth paying to avoid waiting months. Time is money and you can never get time back.
Maybe $5,000 over maximum for the Z06, everything else, probably not.
You're young enough that it isn't a problem for you to wait, some don't have that same luxury.
@@HorsePowerObsessedYeah I'm 24 in college. The C5 Z06 is the one I want anyway and good thing it's an early 2000's Ferrari/Porsche beating machine for $30,000 or less.
Over MSRP? Absolutely not.
Like a BOSS!! MSRP!!!!
What happens if your tap out and can not come up with extra money?
Unfortunately, you can't always get what you want.
I'm really hoping the ZR1 has the C7 ZR1 powerplant
That would be really awesome to see but I really doubt it.
I'm 75 and in good physical condition, but I will not get scammed even though I can afford it. Fortunately I don't like the styling of the C8 Stingray and didn't participate in all the over pricing shenanigans. By the way, that was an excellent presentation.
I appreciate it, my friend! It's definitely not for everyone but some don't really have a choice.
Never unless you have cash to burn
There is a few reasons to do so, though. Might be worth watching until later in the video.
great video justin well said
Thank you.
If you can afford it and want it now, you decide how important it is to have it now. If you are on a list and a couple more years is OK...wait. I'm talking Z06. Stingray, no way.
just ordered a z06 for $10k over msrp. not too bad
Agreed. 10k is a solid MA at this point.
$12K Under MSRP C7 ZR1 at a boy. How much out the door?
This is too easy. I can tell you before you say a word. Ah, NO!
You are in the category that doesn't "need" to, though.
@@HorsePowerObsessed Like you said if you are 75 and you just have to have it and have the cash maybe. But, as much as we blame Chevrolet, and they deserve it, every person that paid over is the bigger problem. If no one would pay over Chevrolet would have no choice. The Z06 came out much higher than it should have (and everyone predicted) only because people wouldn't hold the line on not paying over on the C8. Chevrolet saw what people would pay for a C8 and thought hmmmm if they will pay this for a C8 we can certainly get a lot more for the Z06. I pity the people that paid way over on the C8 now (I'm not referring to cash buyers) because they are stuck in a terribly upside down car now.
My personal opinion is that Chevy corporate should do what they said they would do and cut the allocations and or deliveries to any dealer that would gouge buyers. It's pathetic that dealers would use this car as a way to scam the buyer. I found a dealer in IL. ( Leach Wilson) that is willing to sell the car at MSRP. Aaron and the sales group there is just extremely helpful.
The problem they're having is getting the allocation? So as usual you have the dealers that are gouging the buyer getting the allocations, and the dealers that are looking out for the buyer getting snubbed.
Chevy stand by your word get the cars out to dealers that will work with the buyers. I understand that it is all about sales. The question is can't all the dealers that have buyers waiting get an allocation? I'm sure the sales of the car will be as strong and the people that have been waiting will be happy with Chevy. WOW what a great sales and corporate boost. The little guy who WANTS the car getting it.. Instead of the greedy self serving dealers getting the cars to the people that have the time and extra thousands to spend.
Trust me I'm looking for a fully loaded Z07. I'm not looking for a baseline car, as I'm 65 and want to enjoy something I've waited my whole life for.
C'MON CHEVY GET THE CAR OUT TO ALL THE DEALERS NOT JUST THE SELECT FEW EAST COAST AND OR GOUGING DEALERS. Get some allocations out to the smaller and mid range dealers as well.
For those Stearlership that charge over, never buy anything else from them again and tell your friends to do the same. They make enough at MSRP. It will come around.
wow thats a good price
MSRP C8 stingray now. 4 months to make. I hear.
If I’m paying $50K over MSRP it’s gonna be for a GTD.
I went to my dealer and placed a deposit on a Z06 and they said it was for MSRP. Cutting to the chase the car arrived and not once was more money for the car mentioned. I closed on the car and drove it home. I guess I was one of the lucky ones. OH! I'm 76 years old and would never pay over MSRP. Have patients and the car will level off. ruclips.net/video/mW2M-4R6VVk/видео.html
Get off the E ray, that is the WORST car made, I drive one and it was on 1/2 charge I got 8.6 miles and it was done
Gas power forever
I purchased a 2024 Z06 2LZ 1-31-24 at M.S.R.P. Found it on at or below M.S.R.P. C-8 Facebook. They are out there if you look around and do not get in a hurry.
Did you pay MSRP for your Z06?
I did, yes.
Fantastic! I wouldn’t pay a dime over MSPR for any car.
Easy one ……… No……………
Not quite that simple unfortunately.
@@HorsePowerObsessed disagree. It is that simple. These are not limited number production cars ( base c8,z06 ) there going to make as many of them as they can.
Never ever.
No. No offense, but this car (Z06) got smoked by a crappy McLaren Artura. Not a single American car can compete with McLaren.
C8 Z06 can definitely compete with McLaren. Look at the laptimes for Nevers Mgany Cours with C8 Z06 0.3s slower than McLaren Senna. And on the Motortrend Figure-8 with C8 Z06 in 2nd place in between the Senna and 765LT.
Absolutely NO, you pay a higher tax rate, and your registration fee will be higher
Nope…I refuse to. Hell no, the C9 will be out in 2028. I’ll buy a BMW M4 before I get raked over the coals for a C8.
Not at 3800 lbs ffs...
For me paying over MSRP depends on how bad I want it and how much OVER it is. Lol
Well said, dear! ❤️
No.
No
I waited over 2 and a half years with MacMulkin and was pleased with them and their promise that I would only pay sticker. My only problem was having sciatica nerve surgery, I ended up having to do a Courtesy Delivery, which I would DEFINITELY NOT RECOMMEND! An ugly delivery for a stunningly beautiful Red Mist Z-06!🤎🤎🤎
I am 68 and I had the same thought process as you're explaining. After months and months trying to find A ZO 6, my dealer that I deal with had one and wanted 30 over. I said, "Well, let me think about it Two weeks later, he called me and said, will you still take the offer you gave me? Because the guy that was making the price 30 over backed out. So I ended up paying 10 over But I got a 3LT loaded to the gills. So I think I'm lucky. It was 152,000. taxes title all that crap with the extra 10 over ..Plus paying cash there are no interest payments. to make the price even more...👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍✌✌
No.