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Chevrolet Corvette Prices Paid and Buying Experiences

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Comments

  • I'm next in line at my dealership for my Z06 delivery which is estimated to be after the first of the year. Is there a way to inquire online using my order number to keep posted on the status? I would like to not pester my dealership until I need to for service, etc. JRRCC6 is the order number.
  • Every time I looked into leasing, there were many costs that were buried. The details are many and too numerous to list. If you get all of the figures and then look at what it will cost you at the end of the lease (calculate true estimated worth of the vehicle at lease end) you can carefully weigh the comparison to buying. Everyone I know that has leased, did not have a good experience.
  • Any chance of getting a dealer to honor the GM supplier program?

    The local dealers are not interested, although willing to negotiate a price below MSRP, but not as low as supplier pricing.

    I have contacted some of the largest dealers and they have not returned calls or emails as of yet. It seems that the demand has slowed to the level where some may be interested in supplier pricing, although perhaps only on in stock coups.

    Love the car, want the deal.
  • jmessjmess Posts: 677
    Several of the large dealers that work the internet are accepting GMS and GMID. Sales are slower than last year and they have big inventories with more cars on the way. So check out the "corvette forum" and you will see the dealer ads. Some of the dealers will do an order others want to sell from stock. So for orders you can fly and drive home, courtesy delivery to a local GM dealer, or do the Corvette Museum delivery and drive home.

    If I ever get another new Vette I am going to do the Museum delivery.
  • Are the cars delivered through Museum Delivery the same as the ones you get at a dealer?
  • jmessjmess Posts: 677
    Same cars, some say the predelivery inspection the cars go through during the Museum Delivery process is as good as it gets though. Anything that isn't up to their quality standards gets fixed before you get the car.
  • starrow68starrow68 Posts: 1,142
    Interesting thing about Corvette delivery. To most people it is still just a car, but to some Corvette delivery is a major part of the experience. When you order a Corvette you can get the production number info from the dealer as the car goes through the plant. When you take delivery at the Museum or from a dealer that is into Corvettes they point out all the places, like on the tires where there is a specific number that corresponds to your production order. That is the way the plant keeps the different order options straight as it flows through production and gets you the car exactly as ordered.
  • Jmess:

    I am sorry to hear about the problem you posted yesterday regarding your Z06. I hope things work out for the better -- or even the BEST. I know how you feel, as I have been GM's guinea pig (sp?) for the original C5 in 1997. I was among the first to find two of their eventual recall items.

    Here's why I am writing. I've been reviewing a bunch of info regarding the recent pricing of the 2006 Vettes -- NOT the Z06s. This isn't my first ride in the Corvette Purchase Rodeo and it won't surprise you to hear that the prices I've paid for different vettes over the years -- when compared to their sticker, changes radically based on Economics 101 ... supply and demand. At this time of year, are you hearing that actual prices being paid are flexible (i.e. below sticker) and if so HOW FLEXIBLE -- $3K or $5K or maybe at the end of a month when its been raining for about 6 weeks $22K? !!!! ? How can I find out the city where a "glut" of supply may be sitting?

    A long time ago I bought the first C-5 to hit the Southeast US. I literally bought it sight unseen and before even driving a C-5 at all. Then, since it was the first year of the new body style, I paid "Sticker" PLUS $6K. I help Chevy iron out several bugs and later bought a 2002 for roughly $4K below sticker. Each time I have stroked a check on the spot.

    The picture you posted as message #25 several months ago is THE EXACT car I'm looking for.

    Please provide me with some details regarding a couple of matters. I'm directing my inquiry to you because you seem to be a regular "poster" of messages on the web and you seem to be up to speed on a variety of issues. Understand that I know the car (the 2005 and 2006 Vette) inside and out. My questions are:

    1) What is your feel for the current supply and demand situation at this very moment. I know it varies from city to city, but as a 3,000,000 miler with Delta, I'll hop on a plane and have a pleasant cruise home in a heartbeat.

    2) I've decided not to buy a Z06, as a result, I'm having difficulties figuring out whether or not the Z51 Suspension Package is a must or not. I completely understand what it is and how that effects the handling, but I'm also told that the new drilled rotors are loud, eat pads and that the combination of all the Z51 components absolutely EAT tires. What's your opinion.

    3) Wonder why the middle grade suspension (the magnetic adjustable ride)is SO hard to find. All I can find is either the Z51 or the standard base package -- which by the way -- ain't chopped liver.

    4) Even if I don't get the Z51 Suspension package, don't I still want to get the 3.42 Ratio Rear Axle?

    I've got more questions, but will spare you the agony and would be grateful for any answers you are willing to provide for the 4 questions listed above.

    I'd also appreciate the names of some of the other people you "chat" with who you think have a good working knowledge of vettes in general. If you don't know the answer to any of the stuff I've listed above, perhaps they will be able to provide some insight.

    I'm thankin' ya in advance!

    Regards,

    Daveniche
  • jmessjmess Posts: 677
    I don't have Z06 so that wasn't me talking about problems with one.

    If you check out "forums corvetteforum com" and "DigitalCorvettes com" you will see what the big internet dealers are offering ($5K off in most cases). You can do better if you can find somebody to set you up with "GM Supplier" or "GM In Your Driveway" discounts.

    If you have the time I think doing the factory tour and museum delivery would be a lot of fun. I thought the whole idea was sort of silly until I had mine for a few months. At some point I started to realize what a piece of automotive art these things are. It is pretty hard not to be impressed with all the history and passion that surrounds these cars. I think I have fallen in love with the dam thing. Even my wife digs it which is even more surprising to me.

    I personally like the F55 setup (MagRide) in my car. I have noticed that there aren't as many F55s around. But you can easily order a car with F55. I think they have cured most of the brake squealing in the Z51 with some updated pads. I think tire wear is the most common complaint I have seen about the Z51. Some find the ride to be too stiff on a day to day basis but most who bought the Z51 seemed to understand the trade offs; beside you can stick aftermarket Z51 badges and stickers all over your car :-). A Corvette is a fun car to drive no matter what suspension setup it has.

    I have also noticed that in my area the dealers are stocking a lot of lower optioned cars to keep the prices down; now that supply has exceeded demand. When I bought my car in Mar 05 all the C6s available in my area had MSRPs in 52-56 range.

    The standard M6 and Z51 M6 have the same 3.42 axle but different gears.

    image
  • About to buy my first 'vette, and not sure of which direction to go. I have a '03 Z71 Tahoe I am going to trade in, and these are possibilities.

    - New '05, at $7011 under invoice, ($48,869). They have offered $23K for my Tahoe, which has a trade in value range of $21,925 to $25,200, lowest being Carpoint, highest being NADA, with Edmunds being right in the middle. I think this is a good trade value, as I used "Excellent" in my valuations, (which dealers hate to see), and the new '07 Tahoe is out already.

    - Buying a new '06, using the GM Supplier Discount. Have had a number of dealers in the Austin/Houston area refuse to accept that, but a few in the Dallas area haven't said no, and are looking for a car that fits my parameters. The prices would be about the same as the '05, if I used the discount, but the car would be a year newer, and I may be able to get pretty close to exactly what I want, (color/transmission/magnetic ride may be changed from the '05, but I could live with everything that is on that car). The catch here is what I would get on a trade form one of these dealers that is potentially already losing some income from the supplier discount, compared to selling it to someone that doesn't have the discount.

    - The third option would be to work with a very good used Corvette dealer here. He has some beautiful cars, and is close to the $23K on the trade, as the result of a brief conversation on Friday. He may be able to get a couple thousand below the price of the new '05, and has an '05 with auto/magnetic ride, with 5600 miles, and about $900 less than the new '05, with no negotiation so far. Not sure how much warranty is remaining on that one, the new '05 would have the complete package.

    As usual, I am trying to see all the angles, and am having paralysis analysis. Guess I am wondering what you folks thought about the situation... Thanks for any help.
  • jmessjmess Posts: 677
    It is nice to get the exact car you want if you can. There is also nothing wrong with going for a bargain but make sure you will be happy with it long term. If you are going for an automatic then the 06 A6 is a better choice than the A4 in the 05; if you are the type who wants to control the gear selection at times.

    Also note that you will take about a $10K hit (off MSRP) as soon as you drive off the lot in a new 05. So don't be afraid to ask for a better price.
  • Your last point was something I was thinking about this afternoon, so I ran the numbers on NADA. Average retail equals what this dealer is quoting me if I enter the imaginary mileage at 8K. With only that theoretical "first mile", (or actually anything up to 8K), the retail value is $450 higher than they are asking.

    I think I am going to pass on the automatic idea; now just trying to decide on the magnetic ride or Z51, and the color. The '05 has the Z51, and is black, and I don't know if I don't want a little more comfort, and a little less detailing needed! :)
  • jmessjmess Posts: 677
    The main performance feature of the Z51 that you will notice off the track, besides the firmer ride, is the tighter gear ratios for the MN6.

    I had some initial reservations about the F55 but after a year I have no regrets. The mag shocks really do work as advertised.

    I find silver to be pretty low maintenance; the car can be pretty dirty and still look respectable from a distance. I still have a soft spot for white. White has proven to be one of the least popular C6 colors though.
  • starrow68starrow68 Posts: 1,142
    Question on Z51 vs Mag Ride comes down to what you expect to do with the car. I got Z51 on my '02 and didn't have any idea that I could take the car to race tracks, except for maybe the Drags which I did a couple times. But, having the Z51 on road courses is amazing compared to the alternatives, not quite Z06 but close. If you believe that you aren't going to do any track driving beyond maybe one or two driving classes (and don't think you will get hooked) and only want to tour in the car the Mag Ride would be great.
    Randy
  • and the winner is...

    the new '05!! (choice #1) Picked it up this morning, very nice!!! :)
  • starrow68starrow68 Posts: 1,142
    Congratulations on the new ride, enjoy the experience and let us know if you get it out to any driving classes, for me it developed a lot of confidence in knowing what to do next without having to over think the process. They are a blast but can get away real easy if you aren't watching what you do. I had to try to get a kid on track yesterday to switch from thinking of the throttle as an on/off switch to treating it like a woman, keep it happy and you will get long term dividends. :blush: Have fun!
  • motorhead1motorhead1 Posts: 111
    I am in the process of looking to buy a new 06 or even an 07 Corvette. I live in west Tennessee and have been talking to a few Chevrolet dealers. I would like to ask you guys a few questions, such as how much over invoice is a fair amount to give for a new Corvette and is the museum delivery pick up worth the extra price. This is my 2nd Corvette and I need all of the help I can get. I thought about going to kerbeck Corvette and buying one but I will have to fly up there and drive it back which would be a good road trip for me and my son to do. I know things have slowed down for GM and feel now might be a good time to buy. Thanks for your help.
  • starrow68starrow68 Posts: 1,142
    There seem to be dealers on the internet that are taking orders for less than MSRP so paying local over MSRP seems to be less than an optimum solution. As far as going to pick up the car, I've done it twice and find it to be a good way to get the breakin done all in one exercise. Then again it doesn't make much difference where geographically you order if you decide to take delivery at the CM. All I hear about that is positive and makes it that much more special, especially if you share it with family. Do a few web searches on Corvette and I'm sure you will find several resources for big dealers giving discounts.
    Randy
  • motorhead1motorhead1 Posts: 111
    Does anyone out there know any specific Corvette dealers web pages and do you think I will have any trouble getting service done on my new Corvette from my local dealer if I buy from another dealer?
  • starrow68starrow68 Posts: 1,142
    The problem with responding to question 1 is that the Edmunds TOS don't like you mentioning other message boards so you are sort of on your own. The dealers I'm aware of from other sources are Kerbeck, Maxie Price and Les Stanford.

    As to getting service, I brought two C5's an '02 and an '04 home from Fichtner Chevrolet in Montana to the San Francisco Bay area and neither of the dealers I've gone to for service ever had any issues. That was even true of the extended GMPP warranty that I also got in Montana.
    Randy
  • bigmike5bigmike5 Posts: 960
    On the issue of Museum pick-up, I would highly recommend it. Although I did not get mine that way, I have done volunteer work at some events held at the Museum which is about 75 miles from where I live. Gary Cockriel and his crew that do the Museum delivery have been universally praised for their work. All whom I have talked to have been extremely pleased with the process, the tour, etc., that comes with picking the vehicle up at the Museum. If I get another Vette it will be via the Museum program. See the NCM website for more details. :shades:
  • motorhead1motorhead1 Posts: 111
    I have been shopping all of the local Chevy dealers for about a week and the news is not very good. All but one say that they only sell MSRP. The dealer I have bought many cars and trucks from say they well sell me one for $2000.00 over invoice and as far as they know I will be the first one that they have ever sold one at that price. And on top of all that most say they are not sure that they can even get one. I sent a request to Kerbeck but haven`t heard anything yet. I thought GM was on hard times but you never would know it from the experience I am having. HELP!!
  • vinnynyvinnyny Posts: 769
    If you can get an 06 C6 for $2k over, you should RUN, not walk, to the dealer. I monitored Kerbeck prices for the past year and the only time they came close to $2k over was at the end of the model year (and I don't think you'll find anybody cheaper than Kerbeck). Good luck!
  • jmessjmess Posts: 677
    You can always find a better deal but the question is how much time you have to spend to get it.

    Based upon the past, it is about time for GM to come up with some new incentives. The C6 supply has exceeded the demand in most areas to so a $1000 incentive would warm things up a bit.
  • motorhead1motorhead1 Posts: 111
    Time is one thing I have plenty of so I will just wait a while a see what happens. Maybe I will run upon a good used Vette but I tell you after driving a C6 I don`t think I would be happy with anything else.
  • bigmike5bigmike5 Posts: 960
    The Kerbeck site says $3500-$4500 off on 2006 Vettes. They have them up the wazoo number wise. Even CorvetteConti has some discounted on his site.
  • palaltpalalt Posts: 25
    Thought I'd give you guys some feedback about 06 pricing in the Chicagoland area. I've recently been shopping for a new 06 Coupe. On reasonably loaded, in stock Corvettes, ($54K MSRP) I had two dealers in the $4500-$5000 discount range. After the gremlins in my head keeping me awake for two nights, rationalizing spending $50K for what would actually be my 5th vehicle, with annual use being in the 2k mile range, I made a less expensive decision.

    I just purchased a 2004 C5, Commemorative Edition Coupe with only 7K miles for $35K. I have the original $52K window sticker, Mag Sel Ride, Electron Blue with Light Oak Interior. Fell in love with the interior color. I felt this better served my desire for another Corvette yet minimized my potential depreciation. Seems like 2001-2004 C5's are advertised within a few thousand $ of each other.

    Just thought I'd add my experience as a discount reference for anyone shopping for new 06's and wondering about available discounts.

    Also, their seems to be available, a number of used 2005's that are GM Buybacks. It was explained to me that these cars were replaced due to lemon law type conditions. Obviously, the dealers claimed the problems were resolved and the cars had full remaining warranty, but I was reluctant to get involved. I found two of these at one dealer alone, along with a Cadillac CTS-V that was interesting. The cars came from a GM Auction and it seems the dealer was legally bound to expose their history. A good thing for consumers, as a buyer can't help but wonder why a 5 month old vehicle with like 4K miles is for sale.

    Happy Motoring fellow Corvette lovers!!
  • palaltpalalt Posts: 25
    Correction to my previous comment. My 04 is LeMans Blue, not Electron Blue. It's a Commemorative Edition, to the 24 Hour at LeMans win for Corvette.
  • motorhead1motorhead1 Posts: 111
    Can anyone tell me why the only interior color you can get on a new corvette coupe is ebony?
  • palaltpalalt Posts: 25
    Ha! You seemed to notice the same thing I did while looking at 06's. Corvette's actually are available with Ebony, Cashmere, Titanium, or Red interior. I've seen both the Cashmere and Titanium and both are very nice. My thought is that most dealers either order the majority with Ebony because they think the majority of buyers want Ebony, OR, everyone is buying all the lighter colored interiors and all they're left with is Ebony! My thought was that any car I saw with Ebony interior, either Titanium Grey or Cashmere (Tan) would have looked better. Keep looking!
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