Ladies and gentlemen, today Corvette World weighs in on "Rising or Falling" C8 Values, and Robert and I show you their newest C7 & C8 inventory. PLEASE HELP SUPPORT THIS CHANNEL WITH BOS MERCH: daggercustomapparel.com/brink_of_speed_gear/shop/home
Spot on MIKE , & ROBERT 2 Gentleman , Who tell the truth & No BS ,....... The Video was very informative, & if a Customer was in the Market , CORVETTE WORLD , N Dallas be the 1st Place to start , ROBERT is I say WILL NOT Advise YOU ,, or Steer U Wrong On Any Purchase ... U Would Like to Purchase ON ANY CORVETTE , Mainly Because of the Man's Honestly ...& Knowledge of Any FORM of Corvettes ........ KEEP These type of Videos rolling Mike, 1 Day , When the TIME is Right !!!!!!!!!!! I'll Be N Dallas with that CHAT ... W/ROBERT ..... !!!
As a recent C7 purchaser, it was nice to hear something informative about this segment of the market. It's also nice to hear about something other than C8's and the upcoming ZO6. I understand the interest in C8's and the ZO6 but it is becoming information overload to many of us Corvette fans who either aren't interested in C8's in general or those unwilling to play the C8 purchasing " game " at this time. There are many older generation Corvette owners out there and we all have our love of Corvettes to unite us, no matter what year or generation it is.
I'm a Corvette guy! I love every generation and all years of each Never seen a Corvette I didn't love! ❤ I have a 600hp NA C6 I love the fact of the pure rawness of the way it drives and runs. You feel the road like it should be. Makes driving so much more exciting and fun! I put dual adjustable coil shocks on all 4 corners, Z06 sway bars, with Nitto tires, it drives like a go cart! Love it!
You know what stands out the most when watching Robert @ Corvette World... This guy is 100% underpaid, he breathes and sleeps corvettes, knows all there is to know bout vettes amd seems like a great dude. The owner either needs to give this guy a raise or gift him a Corvette in that showroom as a bonus. Robert should be pulling into work in his own vette everyday for work, also makes Corvette World look better when your best employee is in a vette too. I'm sure the owner has done very well the last couple years, time to take care of Robert!!!
Robert is an amazing friend and definitely has forgotten more Vette knowledge than I ever had. I agree, he should have a Corvette as his bonus for doing such a fantastic job! 👍😊
Because of these awesome videos you guys make, I drove an extra 300 miles out of my way on my way home to Indiana from Arizona to come see Corvette World. I met with Robert yesterday (3/10) & he spent a bunch of time with me showing me cars, answering my questions & talking all things Corvette (and Army too!), and Robert was busy with plenty of other things and people. He took good care of me and is spot on with his pricing vs the rest of the market. I hope when it's time to purchase my C7 that it's from Robert & Corvette World. Mike, thx 4 the great videos. Robert thanks for your time yesterday and thank you for your service in the Army in Afghanistan. Keep up the great work guys!
Sweet, I love hearing stories like this! Robert is a top notch professional and friend! I’m happy you were able to make a stop there. Thank you for your service too sir. I’m happy you enjoy these videos. You’re very welcome, I’m happy to do it. 👍😊
Picking up a 15' Z51 3LT 7 speed this weekend for 48. Has 30k even on the clock, feel like im getting a banging deal, car is in super good shape, front end completely PPF'd. Only issue is the stupid 3LT dash bubbling but it isn't too bad. Shark gray w/ brownstone interior
@@Est3banR So far it's been great, no regrets picking it up what so ever. Unfortunately cause of life I haven't had the time to take it to the track or do any serious driving in it, but around town its fantastic. Couple of complaints tho, the transparent roof panel makes it so the interior gets baked during hot sunny days, need to get a full sun cover for it or replace the roof panel, one of the clips on the carbon dash insert broke and it's popping up in one corner, and of course the 3lt dash bubbling but aside from that, great car. For the money can't beat it, was wanting to get a new Nissan Z before they revealed pricing and when they showed it was gonna be over 50k that's when I started looking at used Vettes.
@@mylesG23 appreciate the feedback. I’m actually going to be looking at a 2016 stingray w 9K miles. It’s a 3LT and priced at 56k 7 spd manual. This is going to be my first car purchase over 50 and I was just trying to get that reassurance the price was justified haha
@@Est3banR Damn 9k miles only holy crap, definitely gonna be getting it from someone who kept it as a garage queen, but at the same time, they might be trying to ask for more than it's worth, especially now since rates are way up and prices are *kinda* dropping. Is it a Z51 car and does it have mag ride? If not I wouldn't touch it at 56k, if it is a Z51 car then I think it's pretty solid, obviously try to negotiate a little.
Whoever is handling the Corvette world website is squared away /lots of photos and the options are clearly stated So many other car websites dont show photos or list options-well done
This is great because I'm looking into a C7 someday lol I was really wanting a C6 Grand Sport until I drive a C7 Stingray. Wow. Now I want a C7 Grand Sport.
Awesome video! This was precisely what I was looking for a good look at the C7 current market! Just picked up an 18 GS 3lt Carbon 65. Thanks Mike and Rob! 💪😎
That's real good in this market, picking up a 15' Z51 3LT w/ 7 speed this weekend for 48. 30k even on the clock, shark gray w/ brownstone interior. Grats on the awesome car!
why is it so rare to find c7 with interior that’s not black. I think red and tan interior look better and can’t understand why only few percentage spect it in red or tan interior.
My pet peeve is the windows and tops down in showrooms and garages. My 19 ZO6 has 7k and the new car smell almost knocks you down when you get in it. My neighbor used to leave his windows down in the garage in his Ferrari and Jaguar, it would kill me every time I saw it. Awesome video😎👍
Once again Mike and Robert for in depth and honest education. The reports you bring to us in my opinion are unclouded and you do not favor Corvette World, but rather the facts. Thank you Mike. Happy belated birthday and may God bless you with many more.
This channel is awesome I'm a big fan of Corvettes you two guys are living a dream from the c5s all the way up to the c8 Corvette has a style and look of its own I haven't seen a c8 in person as of yet but from the looks of them on this channel a room full of them different colors it's a beautiful sight American made muscle the c8s are incredible looking Chevy's done a great job with the styling it has grown on me keep up the good work guys and I would buy a car from Robert in a minute he seems to have passion for what he does it comes through the video continued success and great job
I seriously doubt that the C7 ZR1 is going down in price, because it was made for one model year, compared to the C6 ZR1 which was made for 5 model years, and the C4 ZR1 was for 6 model years.
Well said… as an owner of one I didn’t buy it to flip it, and it has my name in it. So really doesn’t matter to me, only my Grand kids! Haaa! Btw I’ve been offered 2 times what I paid and declined.
I am always a day late and a dollar short. 😩 I sold a 911 Carrera to buy a Vette for reliability and savings. Two years ago I sold the Vette to pay the high price of cutting down trees that were leaning threat to my neighbor’s house. Oh if I still had either of these cars to be in the hunt for a Z06!😩
Really good stuff man! I just got a 19 C7 Grand Sport 2lt. It started at 72k only 5000 miles. Didn't want to pay that much but with the mileage and color combo (shadow gray exterior, adrenaline red competition interior) I couldn't pass it up. Down payment put me at 44k out the door so I'm winning if I somehow decided to sell it (definitely don't intend to)
I know demand is high but expendable money is not there with inflation as high as it is. Used cars won’t continue to be worth more than when they were new. Just my opinion
I have a question. Everybody is on the lists to buy a new C8 why is there so many in this show room, doesn't anybody want to buy a used one or are your prices to high ?
I have a 2015 C7 Z06 manual and I cannot imagine getting a C8 due to the ability to take off a jacket and throw it behind the seat. The access to storage behind the seats in the C7 is truly the one trait that makes me not want the C8. I can throw a small cooler or luggage or whatever and access it while I am driving on a road trip. Big advantage to the C7.
I have both a C7 Z06 and a C8 HTC and yes your not throwing anything in the back but having two trunks is nice also. When I travel you can see everything in the back of a C7 that’s not the case for the C8. The two cars are so different you just have to take the positives and negatives of both.
I have a '15 z06 and love it. The trunk is surprisingly large and useful. I will be interested to see the c8 z06 but it will take alot to get me to give up mine.
Amazing how high these prices are. I bought a 2019 2lt grand sport new with an MSRP of $75,300 for $62,500 in February of 2020 just before the covid crisis hit. I kept it until July of 2021 and traded it in because of the cracked wheel issue and just could not continue to use it due to lack of trust. I picked up an Audi RS5 and love the car. I received $68, 500 for the corvette and saved the tax and paid the difference on the $84,000 Audi. One day I will probably go back to it but not in the foreseeable future. The anger towards GM for their lack of support regarding the inferior wheels still lingers. I was advised that potholes caused the wheel issue but funny it was always the back wheels and never the front. So I guess they were saying I drive backwards.
Good move to the Audi. I bought a 997.2 series 911 S Cabriolet 6sp manual in 2019 that’s now trading for 15k over what I paid for it. With few exceptions, Vettes still have bottomless depreciation curves and are not dependable.
2017 GS with 12k miles. Bent rear wheels discovered when getting rear wheels balanced from a tire change. So disappointing….shopping for forged aftermarket….also disappointing when I see the prices $$$$.
My friend ordered a f8 trabuto spider roughly two years ago, it was delivered roughly two weeks. He paid just under 400k. It’s replacement cost now from a dealer is a little north of 600k. Now think about a new z06 📈📈📈
I got my 2016 Z07 3LZ with carbon package with 10800 miles for 79500 in Sep 2021. Came with new Toyo R888rs and Signature wheels. Thought was a good deal.
Mike/Robert, great video and explanation on where the market is. I found your analysis to be very informative and spot on. I am starting to think that this “crazy market” we have been talking about for so long may be the new norm. Especially when we have inflation numbers that are hitting 40 year highs. Makes me wonder what the ‘23 Stingray/Z prices are going to look like. Just got my wife’s new Stingray on Tuesday so maybe our timing was good. Glad I kept my C7Z! Thanks much for the content, guys!
@@BrinkofSpeed Thanks Mike. It is pretty awesome and a beautiful spec. The ACS 1VM add ons just really completed it, and Joe was awesome to work with! I always enjoy your videos with Rob at CW because I can shop from home, but I do believe this video you did with him is one of my favorites because y’all talked so much about the C7s, and especially your Z06 market analysis. Robert knows his stuff about Vettes. It’s a very interesting market and one I love to follow, so thanks much! Keep ‘em coming. 👍💪🇺🇸
Question, why are prices so high if you can’t drive them because you can’t afford the premium fuel it takes to drive them. I know because I have a C 6. Sooner or later the prices have to come down because the average guy can’t afford them.
Pricing is definitely falling for new in-stock inventory C8 SRs. Just a month ago, very few dealers had any new C8s in inventory, and the few dealers who had them were all selling them for $20K to $30K over MSRP. Now I’m seeing a lot more dealers with new C8’s on their lots, and many of them have dropped their asking prices to $10k to $15k over MSRP. Within another month or two, I bet the most dealers will be selling new in-stock C8s for MSRP to no more than $10K over. With vehicle interest rates having gone up from 2.9% to now around 5.5%, it’s unavoidable that demand for everything that’s usually financed such as vehicles, homes, boats, and planes. With inflation still way too high in August at 8.3%, the fed will be forced to continue increasing the feds funds rate. The Fed Funds rate has increased from just 0.25% a year ago to 2.5% today. The prime rate is now up to 5.5%. If inflation doesn’t drop below 5% by the end of the year, we could see the Fed Funds rates reach 4% , and Prime at 7%, which would put the acreage vehicle loan at 7%, which would be 2.5 times the rate just a year ago. Prices for Corvette are driven by demand, and demand for any product is driven by the product, the price of the product, the competition, and the price of the competition. I don’t see demand for Corvettes decreasing because of the product itself or because of the competition, but demand will definitely decline as the price of the product increases due to rising interest rates. And as demand decreases, prices will definitely follow. Also, I don’t expect production constraints to get any worse, and they will likely get better over time. The current situation with 2 year old Corvettes with 30K miles selling for higher than the MSRP of brand new Corvettes is totally unsustainable, and I believe it’s coming to an end very soon.
Prices are high currently, it’s a side effect of the pandemic + many other factors. Once the bubble on the used market pops prices should be getting back to normal within the next few years. There are a couple of good things that will happen in the near future. One of those is the release of the c8 z06. Many who currently are holding their 2018-2019 z06s and other trims will most likely upgrade to the current gen. Meaning that there is going to be a wave of new inventory of 2018-2019s at dealers to chose from at a more affordable price. The same could be said about the 2014-2017 c7s. Although it really depends what your preference is. Personally I would love to get my hands on a 2018-2019 c7 Grand Sport in Sebring Orange with moderate low mileage. However, I’m gonna wait it out a year or two once prices drop. Currently many nice examples are actually more expensive than what they even sold for originally At msrp. Considering that the 2018-2019 are already 3 to 4 years old there’s no reason to pay that much. Unless you are treating the car as an investment and going for the likes of the zr1 then you can make a solid argument. Since the last zr1 was only in production for only 1 year it makes sense to keep it as low mileage and prestige as possible. Since their prices have steadily increased and currently in the ranges of 200-250k. Honestly I’ve passed a couple of extremely good deals on 2015-2016 models because I was uneasy about the major problems those two years face. Although not every car is plagued with those problems I decided to play it safe. Anyways what year and trim are you guys looking forward to getting in the near future?
Your one of the ones that think things are going back to normal? This is the collapse in slow motion, to my dismay americans are are some of the dumbest on the planet. Its not getting any better
I went to check out a 2015 corvette and it looked real good but they didn’t let me test drive the car until they did a credit check and they tried to sale me the car before I even got to test drive it the cost was 51 grand it had 26 thousand miles so I stop signing papers until after the test drive and boy the motor and the transmission was very shaky I could feel the vibration in the 7 speed transmission and the Trembling stop at traffic lights and I refuse to buy the car with all that shaking going on 51 grand I expected perfection even though it was used a one owner even he got tired of it but it was a good looking vet but had a whole lot of shaking going on
I figured if I saved 30k down payment I would easily have a c7 z06 but now it’s like I save money and they go up and up and up.. fuck it, maybe just down grade and get a 2014 gt500 classic American muscle. Not really looking at spending 90k + for a c7 .
I want a C7 Z06 so bad but I’m definitely waiting. Prices are insane. Things will get back to normal and some people who payed crazy prices are gonna smack themselves
70k for a 2019 1LT GS,weird how when the economy changes ,regardless banks and companies know how to screw the people that pay there bills.im not buying anything until all of this shit changes.chevy claimed the C8 was 60k.lets be honest anyway, the C8 is a pos, the interior is very ugly,but the worst part is the corvette doesn't offer a manual transmission, so the flagship American muscle car is automatic only.
Of course a dealership is going to say that prices aren't going to go down haha the Corvette has always been relatively mass produced. I remember when new c7s were available at massive discounts not too long ago. Once the c8s are readily available at MSRP, c7 prices WILL drop. It will happen. It's literally the nature of the beast.
I might have missed this but what happened to your Captain America C8 ? You sold it for C8 Z06 ? Keep up the great work! Robert, you did a great job on this.
The problem with trying to make the C7 your car and buying something like a 1LT thinking you’ll be able to upgrade to 2LT goodies later will cost you way too much or it just isn’t practical..
I'll have to come back. I thought I just needed a mug of my Chock full O'nuts. I'm going to have to brew up a whole pot! 😉 Oh yeah, I also have to sharpen up my pencils and get a BIG pad. I'll be taking names and specs.
Can you believe I picked up my 1 owner 15 Z06/Z07 3LZ all carbon car every option possibly for the year even comp seats with 4K miles for 70k last year in March 😂 Jesus I think I got the steal of the pandemic
Nope nope this is the current market. The vet is not a Ferrari at somepoint when supply catches up prices will drop. Basic supply and demand. We are in a bubble market and for him to think this is permanent is just silly.
@@Forever.Remain.Nameless yeah heard the same news. Porsche also just stopped making 911s because of supply chain issues. It will take time, but eventually things should normalize. Unless gm just decides to make fewer cars permanently. But they want to sell as many as possible unlike Ferrari who keep inventory low on purpose, this is not GMs business plan. Cheers.
I enjoy your videos a great deal but I never hear you discuss the problems of the C7s like the cylinder heads in particular the valve train issues that is well documented .I would go crazy if I bought a 60,000$ car and have to turn right around and take another 5 to 6 thousand dollars to fix the valve problems ,on top of that there are other problems with the C7s you never bring up.
The heads are a 1200 dollar fix, or upgrade the rods to titanium for 4K max with blue valve springs. Not a huge deal compared to 25k for a 7.0l if you can even find one.
Ladies and gentlemen, today Corvette World weighs in on "Rising or Falling" C8 Values, and Robert and I show you their newest C7 & C8 inventory.
PLEASE HELP SUPPORT THIS CHANNEL WITH BOS MERCH: daggercustomapparel.com/brink_of_speed_gear/shop/home
Ask those guys if they want a C8R loaded on their lot.
Spot on MIKE , & ROBERT 2 Gentleman , Who tell the truth & No BS ,....... The Video was very informative, & if a Customer was in the Market , CORVETTE WORLD , N Dallas be the 1st Place to start , ROBERT is I say WILL NOT Advise YOU ,, or Steer U Wrong On Any Purchase ... U Would Like to Purchase ON ANY CORVETTE , Mainly Because of the Man's Honestly ...& Knowledge of Any FORM of Corvettes ........ KEEP These type of Videos rolling Mike, 1 Day , When the TIME is Right !!!!!!!!!!! I'll Be N Dallas with that CHAT ... W/ROBERT ..... !!!
Yea
As a recent C7 purchaser, it was nice to hear something informative about this segment of the market. It's also nice to hear about something other than C8's and the upcoming ZO6. I understand the interest in C8's and the ZO6 but it is becoming information overload to many of us Corvette fans who either aren't interested in C8's in general or those unwilling to play the C8 purchasing " game " at this time. There are many older generation Corvette owners out there and we all have our love of Corvettes to unite us, no matter what year or generation it is.
Amen brother
I second that!🙏
Great video, I still love my 2005 C6 with 177K miles, makes 430 rwhp and would drive it anywhere, absolutely my favorite car ever.
There's a reason why there are so many Corvettes in the showroom. Nobody will pay those crazy mark up prices. More like Corvette rip off world.
I'm a Corvette guy! I love every generation and all years of each Never seen a Corvette I didn't love! ❤ I have a 600hp NA C6 I love the fact of the pure rawness of the way it drives and runs. You feel the road like it should be. Makes driving so much more exciting and fun! I put dual adjustable coil shocks on all 4 corners, Z06 sway bars, with Nitto tires, it drives like a go cart! Love it!
You know what stands out the most when watching Robert @ Corvette World... This guy is 100% underpaid, he breathes and sleeps corvettes, knows all there is to know bout vettes amd seems like a great dude. The owner either needs to give this guy a raise or gift him a Corvette in that showroom as a bonus. Robert should be pulling into work in his own vette everyday for work, also makes Corvette World look better when your best employee is in a vette too. I'm sure the owner has done very well the last couple years, time to take care of Robert!!!
Robert is an amazing friend and definitely has forgotten more Vette knowledge than I ever had. I agree, he should have a Corvette as his bonus for doing such a fantastic job! 👍😊
Because of these awesome videos you guys make, I drove an extra 300 miles out of my way on my way home to Indiana from Arizona to come see Corvette World. I met with Robert yesterday (3/10) & he spent a bunch of time with me showing me cars, answering my questions & talking all things Corvette (and Army too!), and Robert was busy with plenty of other things and people. He took good care of me and is spot on with his pricing vs the rest of the market. I hope when it's time to purchase my C7 that it's from Robert & Corvette World. Mike, thx 4 the great videos. Robert thanks for your time yesterday and thank you for your service in the Army in Afghanistan. Keep up the great work guys!
Sweet, I love hearing stories like this! Robert is a top notch professional and friend! I’m happy you were able to make a stop there. Thank you for your service too sir. I’m happy you enjoy these videos. You’re very welcome, I’m happy to do it. 👍😊
Anyone who buys a Corvette for 200k ( unless it’s a perfect,certified C3 split window coupe) needs the head examined!
I just bought a 2014 Stingray Z51 with 16k miles on it. 😊
Great information Mike I bought my 2015 3LT, Z51 from Corvette World of Dallas back in 2017 and she only had 27 miles on it!!! Love this car!
Picking up a 15' Z51 3LT 7 speed this weekend for 48. Has 30k even on the clock, feel like im getting a banging deal, car is in super good shape, front end completely PPF'd. Only issue is the stupid 3LT dash bubbling but it isn't too bad. Shark gray w/ brownstone interior
How has it been so far?
@@Est3banR So far it's been great, no regrets picking it up what so ever. Unfortunately cause of life I haven't had the time to take it to the track or do any serious driving in it, but around town its fantastic. Couple of complaints tho, the transparent roof panel makes it so the interior gets baked during hot sunny days, need to get a full sun cover for it or replace the roof panel, one of the clips on the carbon dash insert broke and it's popping up in one corner, and of course the 3lt dash bubbling but aside from that, great car. For the money can't beat it, was wanting to get a new Nissan Z before they revealed pricing and when they showed it was gonna be over 50k that's when I started looking at used Vettes.
@@mylesG23 appreciate the feedback. I’m actually going to be looking at a 2016 stingray w 9K miles. It’s a 3LT and priced at 56k 7 spd manual.
This is going to be my first car purchase over 50 and I was just trying to get that reassurance the price was justified haha
@@Est3banR Damn 9k miles only holy crap, definitely gonna be getting it from someone who kept it as a garage queen, but at the same time, they might be trying to ask for more than it's worth, especially now since rates are way up and prices are *kinda* dropping. Is it a Z51 car and does it have mag ride? If not I wouldn't touch it at 56k, if it is a Z51 car then I think it's pretty solid, obviously try to negotiate a little.
@@mylesG23 definitely going to hold off
Just found out it’s not a Z51 sadly
I always enjoy your Corvette World visits with Robert. Great content. Thank you Mike and Robert.
Thank you, and you’re welcome 👍😊
I have a 2005 convertable with 66000 miles and everything still works and the interior is amazingly beautiful
I bought a 2015 Stingray new. 2LT non Z51. Replaced the console lid. I plan on keeping it.
I am in the C7 market so thanks for all of your information.
Thanks for the informative video. Just recently purchased my C7 Z06, amazing machine. Love it. Thanks again.
Hey Mike thanks to you and Robert for the great info i look at a lot of c 7,s on line and your right on the money with the price thanks again
Hey Jimmy, you’re very welcome! I’m happy you enjoyed it! 👍😊
Whoever is handling the Corvette world website is squared away /lots of photos and the options are clearly stated
So many other car websites dont show photos or list options-well done
👍😊
This is great because I'm looking into a C7 someday lol I was really wanting a C6 Grand Sport until I drive a C7 Stingray. Wow. Now I want a C7 Grand Sport.
Get the grand sport !!
Your cars are priced aggressively... Your not lying about that!
Awesome video! This was precisely what I was looking for a good look at the C7 current market! Just picked up an 18 GS 3lt Carbon 65. Thanks Mike and Rob! 💪😎
Congratulations! Good for you bro!!! And one helluva spec.....Enjoy
Always enjoy the trip to Corvette World. Robert is the best.
I’m happy you enjoyed it! Robert is the best, I totally agree! 👍😊
Thanks for the great information from you and Robert. Very interesting to see where the C7s stand right now. Still can’t beat them for the money!
I love ❤️ my C-7 Convert with 7 spd Standard Trans..
Great video.If I get fortunate enough , Corvette World is where I will buy my “ Vet”......
Happy birthdayMike. Another wonderful video.
Thank you so much, I appreciate it and I’m happy you enjoyed it. 👍😊
I bought my C7 just before 🚀 So thankful and blessed. 🙏
I bought a Black 2015 3LT Convertible 37K Miles last month for $43,900. Feel like I got a good deal.
That's real good in this market, picking up a 15' Z51 3LT w/ 7 speed this weekend for 48. 30k even on the clock, shark gray w/ brownstone interior. Grats on the awesome car!
why is it so rare to find c7 with interior that’s not black. I think red and tan interior look better and can’t understand why only few percentage spect it in red or tan interior.
My pet peeve is the windows and tops down in showrooms and garages. My 19 ZO6 has 7k and the new car smell almost knocks you down when you get in it. My neighbor used to leave his windows down in the garage in his Ferrari and Jaguar, it would kill me every time I saw it. Awesome video😎👍
Once again Mike and Robert for in depth and honest education. The reports you bring to us in my opinion are unclouded and you do not favor Corvette World, but rather the facts. Thank you Mike. Happy belated birthday and may God bless you with many more.
This channel is awesome I'm a big fan of Corvettes you two guys are living a dream from the c5s all the way up to the c8 Corvette has a style and look of its own I haven't seen a c8 in person as of yet but from the looks of them on this channel a room full of them different colors it's a beautiful sight American made muscle the c8s are incredible looking Chevy's done a great job with the styling it has grown on me keep up the good work guys and I would buy a car from Robert in a minute he seems to have passion for what he does it comes through the video continued success and great job
I seriously doubt that the C7 ZR1 is going down in price, because it was made for one model year, compared to the C6 ZR1 which was made for 5 model years, and the C4 ZR1 was for 6 model years.
Well said… as an owner of one I didn’t buy it to flip it, and it has my name in it. So really doesn’t matter to me, only my Grand kids! Haaa! Btw I’ve been offered 2 times what I paid and declined.
It all depends on the economic conditions. I'm seeing a lot of cars for sales with high asking prices, but sales are not crazy anymore.
The C7 is the last real Corvette
I am always a day late and a dollar short. 😩 I sold a 911 Carrera to buy a Vette for reliability and savings. Two years ago I sold the Vette to pay the high price of cutting down trees that were leaning threat to my neighbor’s house. Oh if I still had either of these cars to be in the hunt for a Z06!😩
Really good stuff man! I just got a 19 C7 Grand Sport 2lt. It started at 72k only 5000 miles. Didn't want to pay that much but with the mileage and color combo (shadow gray exterior, adrenaline red competition interior) I couldn't pass it up. Down payment put me at 44k out the door so I'm winning if I somehow decided to sell it (definitely don't intend to)
I’m happy you enjoyed it. Heck yeah man, congratulations on your C7 GS! 👍😊
Sorry I don’t believe you saved 28k. There has to be more to this story. I know it’s true. Whatever. And yes I paid too much for my ZO6.
That is exactly the model and color combo I would get.
@@GG-xs8vt pretty sure thats his downpayment not what he saved
Manual or auto?
Well, the Texas Corvette show room is a starting point for looking for a Corvette
I know demand is high but expendable money is not there with inflation as high as it is. Used cars won’t continue to be worth more than when they were new. Just my opinion
I have a question. Everybody is on the lists to buy a new C8 why is there so many in this show room, doesn't anybody want to buy a used one or are your prices to high ?
I enjoy this show today. Thank you!
You’re welcome 👍😊
I have a 2015 C7 Z06 manual and I cannot imagine getting a C8 due to the ability to take off a jacket and throw it behind the seat. The access to storage behind the seats in the C7 is truly the one trait that makes me not want the C8. I can throw a small cooler or luggage or whatever and access it while I am driving on a road trip. Big advantage to the C7.
Heck I used to throw straw bales in the back of my C6 when the chicken coop needed more ;)
I have both a C7 Z06 and a C8 HTC and yes your not throwing anything in the back but having two trunks is nice also. When I travel you can see everything in the back of a C7 that’s not the case for the C8. The two cars are so different you just have to take the positives and negatives of both.
I have a '15 z06 and love it. The trunk is surprisingly large and useful. I will be interested to see the c8 z06 but it will take alot to get me to give up mine.
Amazing how high these prices are. I bought a 2019 2lt grand sport new with an MSRP of $75,300 for $62,500 in February of 2020 just before the covid crisis hit. I kept it until July of 2021 and traded it in because of the cracked wheel issue and just could not continue to use it due to lack of trust. I picked up an Audi RS5 and love the car. I received $68, 500 for the corvette and saved the tax and paid the difference on the $84,000 Audi. One day I will probably go back to it but not in the foreseeable future. The anger towards GM for their lack of support regarding the inferior wheels still lingers. I was advised that potholes caused the wheel issue but funny it was always the back wheels and never the front. So I guess they were saying I drive backwards.
Good move to the Audi. I bought a 997.2 series 911 S Cabriolet 6sp manual in 2019 that’s now trading for 15k over what I paid for it. With few exceptions, Vettes still have bottomless depreciation curves and are not dependable.
I just paid $1,300 to replace a broken rear wheel on my '15 z06 and was pissed!
2017 GS with 12k miles. Bent rear wheels discovered when getting rear wheels balanced from a tire change.
So disappointing….shopping for forged aftermarket….also disappointing when I see the prices $$$$.
@@wess1061 I have a used 2015 ZO6. Picked it up November 2021. How does a rear wheel crack. What’s up with that.
it must be the chips for the newer cars are not ready available, because i dont know why the cars are so high.
Right, can somebody explain why ?
Awesome video, thanks for posting.
You’re welcome
My friend ordered a f8 trabuto spider roughly two years ago, it was delivered roughly two weeks. He paid just under 400k. It’s replacement cost now from a dealer is a little north of 600k. Now think about a new z06 📈📈📈
I got my 2016 Z07 3LZ with carbon package with 10800 miles for 79500 in Sep 2021. Came with new Toyo R888rs and Signature wheels. Thought was a good deal.
I think we are in for a market correction possibly before the end of this year, it will be interesting to see how it affects the Corvette market.
Just bought a c7z06 !!!! And I’m a ford guy !!!!
Mike/Robert, great video and explanation on where the market is. I found your analysis to be very informative and spot on. I am starting to think that this “crazy market” we have been talking about for so long may be the new norm. Especially when we have inflation numbers that are hitting 40 year highs. Makes me wonder what the ‘23 Stingray/Z prices are going to look like. Just got my wife’s new Stingray on Tuesday so maybe our timing was good. Glad I kept my C7Z! Thanks much for the content, guys!
Thanks Doug, I’m happy you enjoyed it! Yep, Robert is excellent with his Corvette expertise! Congratulations to your wife and her new C8! 👍😊
@@BrinkofSpeed Thanks Mike. It is pretty awesome and a beautiful spec. The ACS 1VM add ons just really completed it, and Joe was awesome to work with! I always enjoy your videos with Rob at CW because I can shop from home, but I do believe this video you did with him is one of my favorites because y’all talked so much about the C7s, and especially your Z06 market analysis. Robert knows his stuff about Vettes. It’s a very interesting market and one I love to follow, so thanks much! Keep ‘em coming. 👍💪🇺🇸
Great video. I’ll be hanging onto my 2017 3LZ M7 Z06 for awhile!:)
Good luck with your Corvette, I will stand by my opinion,
It’s crazy now!!!! I got my 2018 z06 for $65k back in 2018
I purchased my 17 GS 3LT last September for 65k. It had 17k miles.
Great vlog.
Very informative. Thanks for all the information.
Question, why are prices so high if you can’t drive them because you can’t afford the premium fuel it takes to drive them. I know because I have a C 6. Sooner or later the prices have to come down because the average guy can’t afford them.
These cars are not for the average guy. No one who buys a vette gives two shits about the price of gas.
I love the c7 they the baddest ever to me
As much as you're down there they ought to give you a job they're getting all that free advertisement and you do the job at it
I would have loved to see Chevy make that c7 corvette in all wheel drive what a beast of a car it would have been with all that horse power.
Happy Birthday Mike BOS!
Thank you 🙏
Pricing is definitely falling for new in-stock inventory C8 SRs. Just a month ago, very few dealers had any new C8s in inventory, and the few dealers who had them were all selling them for $20K to $30K over MSRP.
Now I’m seeing a lot more dealers with new C8’s on their lots, and many of them have dropped their asking prices to $10k to $15k over MSRP.
Within another month or two, I bet the most dealers will be selling new in-stock C8s for MSRP to no more than $10K over.
With vehicle interest rates having gone up from 2.9% to now around 5.5%, it’s unavoidable that demand for everything that’s usually financed such as vehicles, homes, boats, and planes.
With inflation still way too high in August at 8.3%, the fed will be forced to continue increasing the feds funds rate. The Fed Funds rate has increased from just 0.25% a year ago to 2.5% today. The prime rate is now up to 5.5%.
If inflation doesn’t drop below 5% by the end of the year, we could see the Fed Funds rates reach 4% , and Prime at 7%, which would put the acreage vehicle loan at 7%, which would be 2.5 times the rate just a year ago.
Prices for Corvette are driven by demand, and demand for any product is driven by the product, the price of the product, the competition, and the price of the competition. I
don’t see demand for Corvettes decreasing because of the product itself or because of the competition, but demand will definitely decline as the price of the product increases due to rising interest rates. And as demand decreases, prices will definitely follow. Also, I don’t expect production constraints to get any worse, and they will likely get better over time.
The current situation with 2 year old Corvettes with 30K miles selling for higher than the MSRP of brand new Corvettes is totally unsustainable, and I believe it’s coming to an end very soon.
Prices are high currently, it’s a side effect of the pandemic + many other factors. Once the bubble on the used market pops prices should be getting back to normal within the next few years. There are a couple of good things that will happen in the near future. One of those is the release of the c8 z06. Many who currently are holding their 2018-2019 z06s and other trims will most likely upgrade to the current gen. Meaning that there is going to be a wave of new inventory of 2018-2019s at dealers to chose from at a more affordable price. The same could be said about the 2014-2017 c7s. Although it really depends what your preference is. Personally I would love to get my hands on a 2018-2019 c7 Grand Sport in Sebring Orange with moderate low mileage. However, I’m gonna wait it out a year or two once prices drop. Currently many nice examples are actually more expensive than what they even sold for originally At msrp. Considering that the 2018-2019 are already 3 to 4 years old there’s no reason to pay that much. Unless you are treating the car as an investment and going for the likes of the zr1 then you can make a solid argument. Since the last zr1 was only in production for only 1 year it makes sense to keep it as low mileage and prestige as possible. Since their prices have steadily increased and currently in the ranges of 200-250k. Honestly I’ve passed a couple of extremely good deals on 2015-2016 models because I was uneasy about the major problems those two years face. Although not every car is plagued with those problems I decided to play it safe. Anyways what year and trim are you guys looking forward to getting in the near future?
Your one of the ones that think things are going back to normal? This is the collapse in slow motion, to my dismay americans are are some of the dumbest on the planet. Its not getting any better
I went to check out a 2015 corvette and it looked real good but they didn’t let me test drive the car until they did a credit check and they tried to sale me the car before I even got to test drive it the cost was 51 grand it had 26 thousand miles so I stop signing papers until after the test drive and boy the motor and the transmission was very shaky I could feel the vibration in the 7 speed transmission and the Trembling stop at traffic lights and I refuse to buy the car with all that shaking going on 51 grand I expected perfection even though it was used a one owner even he got tired of it but it was a good looking vet but had a whole lot of shaking going on
I figured if I saved 30k down payment I would easily have a c7 z06 but now it’s like I save money and they go up and up and up.. fuck it, maybe just down grade and get a 2014 gt500 classic American muscle. Not really looking at spending 90k + for a c7 .
Thank you I was waiting for this video keep doing what you doing thank you again
You’re welcome, I sure will. 👍😊
Great Covered!! I check out Corvette World often for inventory. Looking for a rare Corvette ZR1
I wonder what they would give me for my Hennessy HPE850?. The color is "Pull me over red"
Every one of those C8’s are flip vehicles waiting for some dumb ass to pay way too much for!
I want a C7 Z06 so bad but I’m definitely waiting. Prices are insane. Things will get back to normal and some people who payed crazy prices are gonna smack themselves
70k for a 2019 1LT GS,weird how when the economy changes ,regardless banks and companies know how to screw the people that pay there bills.im not buying anything until all of this shit changes.chevy claimed the C8 was 60k.lets be honest anyway, the C8 is a pos, the interior is very ugly,but the worst part is the corvette doesn't offer a manual transmission, so the flagship American muscle car is automatic only.
Excellent Show!!!!
Thank you gentleman.
Of course a dealership is going to say that prices aren't going to go down haha the Corvette has always been relatively mass produced. I remember when new c7s were available at massive discounts not too long ago. Once the c8s are readily available at MSRP, c7 prices WILL drop. It will happen. It's literally the nature of the beast.
Look the mid engine was zoras dream! The c8 is a game changer! I have great respect for the c7 ok?
I might have missed this but what happened to your Captain America C8 ? You sold it for C8 Z06 ? Keep up the great work! Robert, you did a great job on this.
Not yet, but I am planning on selling it.
@@BrinkofSpeed Can't wait to see your C8 Z06. Keep up the great work!
I would like to see the new inventory for the C8
if it's an AUTOMATIC i don't want it.
Great and informative show!
Thank you!
Bought my 2014 C7 Stingray 18k miles for $38k before the plandemic. Only a 1Lt fun car.
I wish. I’m starting to buy a stringray 1lt with 66k miles for $40k, but I want to wait
So is this place considered a dealer or a flipper?They have a lot of C8 s and are really marked up
I am interested in that black Vette, do still have it
XCELLENT SHOW!!!!
Thank you for a great video!
You’re welcome 👍😊
C7 should appreciate over the years. Especially with all the electric vehicles flooding the market.
The problem with trying to make the C7 your car and buying something like a 1LT thinking you’ll be able to upgrade to 2LT goodies later will cost you way too much or it just isn’t practical..
Getting a 2019 c7 1lt grand sport 28k on the clock for 60k
Looking for a clean GS low mileage
👍
good video, I own a 2019 grand sport and after this i won't be selling it only has 3256 miles on it
Xcellent Show!!!
Great video. Are you finding any premium for manual over automatic transmissions in the C7's?
Awesome video really appreciate the c7 info
Thank you, and you’re welcome. 👍😊
Are all there cars used?
What's the ZO6 convertibles looking like we're doing the blue
I'll have to come back. I thought I just needed a mug of my Chock full O'nuts. I'm going to have to brew up a whole pot! 😉 Oh yeah, I also have to sharpen up my pencils and get a BIG pad. I'll be taking names and specs.
Lol, yep, lots of Chock Full O’Nuts is in your future! 😊👍😂
Can you believe I picked up my
1 owner 15 Z06/Z07 3LZ all carbon car every option possibly for the year even comp seats with 4K miles for 70k last year in March 😂 Jesus I think I got the steal of the pandemic
Congrats !!!!!
Correction St speed 717 had a ZR1 at which Whitmore for 249,000
Nope nope this is the current market. The vet is not a Ferrari at somepoint when supply catches up prices will drop. Basic supply and demand. We are in a bubble market and for him to think this is permanent is just silly.
It's going to be like this for awhile, GM just announced tht mag-ride is on constraint for 2023 stingrays
@@Forever.Remain.Nameless yeah heard the same news. Porsche also just stopped making 911s because of supply chain issues. It will take time, but eventually things should normalize. Unless gm just decides to make fewer cars permanently. But they want to sell as many as possible unlike Ferrari who keep inventory low on purpose, this is not GMs business plan. Cheers.
I think prices will drop but not drastically. What may hurt the market for the short time is gas prices.
High gas prices. rising interest rates, 8 percent inflation in one year. This is going to mean an adjustment in
prices sooner than later.
All you are is an infomercial for Corvette World.
Robert looks just like Jason Alexander (George Costanza) from Seinfeld!
Great content Mike,,Keep up the good work 👍
Thank you, will do! 👍😊
Happy birthday!
I enjoy your videos a great deal but I never hear you discuss the problems of the C7s like the cylinder heads in particular the valve train issues that is well documented .I would go crazy if I bought a 60,000$ car and have to turn right around and take another 5 to 6 thousand dollars to fix the valve problems ,on top of that there are other problems with the C7s you never bring up.
The heads are a 1200 dollar fix, or upgrade the rods to titanium for 4K max with blue valve springs. Not a huge deal compared to 25k for a 7.0l if you can even find one.