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      07-22-2019, 06:55 PM   #256
The HACK
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Quote:
Originally Posted by glennQNYC View Post
Apparently C7 Corvettes have been made with a single production shift per day. Chevy is doubling that with two production shifts for the C8.
That's great news. By next April there'll be such a glut of C8 Corvettes sitting on the lot, what with older Corvette owners holding out on the Z06 models and 'verts (typically the Z06 model follows about 1-1.5 year after the base model is released) that GM will be throwing massive, 15-20% discount on every single Stingray model on the lot.

Which is pretty much the pattern, by year 2 there's such a crazy glut of these cars that most dealership can't move. The big national Corvette dealers can have up to 100 Corvettes all sitting on their lot at any given time. That's been GM's model, to pump out more cars than dealerships can sell and let them deal with moving it.

Some on the Corvette forum are speculating that GM is going to sell 50,000 C8s per year...Think about it, even if they manage to convert EVERY SINGLE 911 sale to a Corvette C8, it still won't come to 40,000 total cars sold. Doubling the shift for C8 production just basically means that shortly after the C8 is released that everyone will be able to pick one up at discount below invoice, especially given how poorly the anything-not-an-SUV-or-Crossover market has been doing in the last 3-5 years.

Should be able to walk in and do the same thing I did, offer a local dealership 25% off of MSRP and walk out with a brand new Corvette on the same day without negotiation.
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