Are other dealerships marking up C6s like hell?

I went to my local dealer just to see the C6 yesterday and they had 5-6 of them up front alone (they might have had more on the lot, I don't know. Most of the ones I saw had nav, XM, etc.. pretty loaded up.

Anyhow... they all had a sticker that added $20,000 to the MSRP for "Market Value Adjustment" :rolleyes:

Good grief.

Are the C6s really in this much demand? And if so, why do they just seem to be sitting on dealer lots?

Dealers are hoping to GTO-ize the launch of the C6. I mean, the GTO market adjustments went over so well, why not try it again?

Does GM have the most asinine dealer network of all? I don't see Ford dealers doing it with the Mustang one bit...

I went to my local dealer just to see the C6 yesterday and they had 5-6 of them up front alone (they might have had more on the lot, I don't know. Most of the ones I saw had nav, XM, etc.. pretty loaded up.

Anyhow... they all had a sticker that added $20,000 to the MSRP for "Market Value Adjustment" :rolleyes:

Good grief.

Are the C6s really in this much demand? And if so, why do they just seem to be sitting on dealer lots?
Wow thats crazy. I should stop at a dealer and see what theyre goin for here.

I went to my local dealer just to see the C6 yesterday and they had 5-6 of them up front alone (they might have had more on the lot, I don't know. Most of the ones I saw had nav, XM, etc.. pretty loaded up.

Anyhow... they all had a sticker that added $20,000 to the MSRP for "Market Value Adjustment" :rolleyes:

Good grief.

Are the C6s really in this much demand? And if so, why do they just seem to be sitting on dealer lots?

I wish dealers around here had some C6's

Ive seen quite a few of them on the roads around here in Tampa so theyu must not be selling too bad. And while I agree 20k mark-up is a it extreme. Do you really blame them for marking up some? C'mon its a brand new corvette.

20k!! Holy crap....GM really needs to step in. 5k...alright. 20k? Someone needs to be arrested.

Do you really blame them for marking up some?

Not really. I blame more the idiots willing to pay that stupid mark-up. :rolleyes:

TS

I know of a few dealers in WI that are selling c6's at msrp.

As for mark ups, every brand does it to some extent

Mitubishi did it with the VR4's at introduction and restyle, although not a 50% mark up, at restyle the mark up was 6-8 grand

prowlers, vipers and pt's were marked up at least in their first year

Ford dealerships do it and almost always have with the cobraR and the ford gt is being marked up almost 100%, and the t bird did

Preludes were

integra type r's were

the list could go on. I do however se that the 20k mark up on the c6 won't last too long. GM builds 'em too fast

the point is on an exclusive limited edition car, sure, add a markup, but how can you look a customer straight in the eye and tell them you are adding $20k to a corvette which will have rebates on it in 6 months anyway.

I wonder, do people actually pay these markups any more or do the Dealers just sit on the cars for months until they drop the price? There are so many alternatives to ANY car on the market these days I can't imagine very many people saying "Well, I've got to have THAT CAR right now, I don't care about the $10,000 markup." Plus, with that new fangled internet thing, if a dealer is going to sell the car for sticker, I can easily find them, bypassing the marked up cars.

I think in the case of the GTO, this killed the car, because buyers found too many alternatives at the price level equal to $34,000 + Markups that dealers thought the car was worth. In the end, they must have just purchased other models costing the dealers and GM in profit.

Exactly. My GTO was sitting on the dealer showroom floor with a $5,000 markup over MSRP in March. I bought it in September with a $8,000 discount off sticker.

Reminds me of when the 350Z came out. I went out to a local Nissan dealer to check it out and got to chatting with a salesman. He told me that Nissan was strictly prohibiting its dealers from putting a markup on the cars. I'm not sure how much truth there is to that, but I thought it was pretty cool nonetheless.

I checked out a couple of C6s a couple months ago when I had to take Tab's Tahoe in and I think they had like $5k markups. This was a dealer who put $3k markups on Millenium Yellow C5's when they were first introduced.

From a numbers perspective it's a simple decision however, it does run the risk of alienating potential customers as we saw with the GTO.

...Ford dealerships do it and almost always have with the cobraR and the ford gt is being marked up almost 100%, and the t bird did...


Ford's GT is marked up pretty high because most all are spoken for already. Jay Leno spoke of one dealer who solicited him by phone for a Ford GT and it's $250,000 price. He played along till he told the dealer to start reading Ford's internal news releases, because he bought the 1st one... at it's $130,000 msrp. :lol:

Cobra R was another car spoken for early. Thunderbird was so different in the begining & so rare (it's relatively sluggish introduction do to it's early problems didn't help) that dealers who had them were so few and far between.

But Ford's mainline cars have not had GM dealer- style markups in memory. The new 2005 Mustang could be ordered last May for just a few hundred $$$ over invoice. Dealers who actually keep a Mustang on their lot longer than a day still are charging very reasonable prices on the car.

The GTO fiasco I thought was simply Pontiac dealers. Now with the same thing happening to C6 Corvettes, I see it's a GM problem.

At this rate, when the next Camaro comes out, it'll be on the lots at $40,000++.

I stopped by a chevy dealer here in Vegas with two buddies of mine to see if they had C6's. They did have 1, a white one and it was sold already to somebody in Tucson. I was told that they had a $10k markup and if I didnt want to pay it I should come back in a year. They had allot of sorry ass looking salesmen standing around trying to peddle SSR's which they had a bunch of.

Reminds me of when the 350Z came out. I went out to a local Nissan dealer to check it out and got to chatting with a salesman. He told me that Nissan was strictly prohibiting its dealers from putting a markup on the cars. I'm not sure how much truth there is to that, but I thought it was pretty cool nonetheless.

I checked out a couple of C6s a couple months ago when I had to take Tab's Tahoe in and I think they had like $5k markups. This was a dealer who put $3k markups on Millenium Yellow C5's when they were first introduced.

From a numbers perspective it's a simple decision however, it does run the risk of alienating potential customers as we saw with the GTO.


the nissan guy was full of crap....no manufacture can tell a dealership what they can and cant sell a car at....now some states and counties have regulations....as for nissan ?well im a nissan sales manager (or actually was until last friday) when the 350z coupe came out it was marked up 10k in some places...we marked them at 4k over and cleaned house....when the roadster came out same thing except we were at 5k over on it...and again cleaned house....when the aniversery edition we will mark it up again...
as long as there are people willing to pay markup dealers will mark it up as much as they can....the first 350z that sold in the country sold for 93k...first crossfire that crysler sold was 97k (i feel sorry for that guy...that thing isnt worth nothing...lol)

No.

Go to corvetteforum.com and look at C6 general discussion.

Most dealers are selling 2-3k below sticker. Some are accepting GMS already.

If anyone pays sticker or higher, they are an idiot.

GM needs to choke-up on the leash

the nissan guy was full of crap....no manufacture can tell a dealership what they can and cant sell a car at....

Okay, perhaps he had said just that particular dealership. I'm can't recall exactly what the guy told me...It was many many moon ago :) I still liked the fact that they weren't marking them up.

I went to one last night and sat in the C6 the had, Very nice car. they had a 3k mark up supposedly for the wheels on it. they were chrome c6 wheels, but to me the did look a little bit bigger than i was expecting, so i dont know.

A local Ford dealer here has a fairly base Mustang GT (auto, no interior upgrade) for 3k over sticker....but some Chevy dealers are dealing on c6's. Strange.

I ran some errands this morning, and stopped by the local Chevy and Ford dealers to check this out.

Both Chevy dealers had C6's marked up. RK Chevy had 2, and they were marked up $20k each - they called it a "Loan Adjustment Value". Colonial Chevy had one and it was marked up $10k - which they called "Adjusted Market Value" (which is what I'm used to seeing).

One Ford dealer (Kimnach) had 2 of their half-dozen or so V6s marked up $2k (Adjusted Market Value), and the rest were not. I have no idea why - makes no sense. Beach Ford had about a half dozen also, and did not have them marked up.

Neither Ford dealer had a GT on the lot (at least not that I could find), so I cannot comment on those.

No.

Go to corvetteforum.com and look at C6 general discussion.

Most dealers are selling 2-3k below sticker. Some are accepting GMS already.

If anyone pays sticker or higher, they are an idiot.

No, MOST aren't. If someone pays MSRP for a new C6, they aren't an idiot. :rolleyes:

a few years ago i went into a chevy dealership and they wanted $59 for a normal C5

Well I was just at the Motor Trend auto show at the convention center here in Vegas today and got to sit in a C6 for the first time. I can tell you this. I would never buy this car. First of all the brakes are completely inadequate. Even with the Z51 package which this car had, the rotors looked tiny. And the new door handles are plain dangerous. I almost lopped off a finger trying to close the door. If they wanted to use funky door handles like this they should have put them on the top of the door not the side. Lots of cheesy cheap looking parts all the way around the car. If you realy got to have one, wait a couple of months and they will be giving them away.

Well I was just at the Motor Trend auto show at the convention :lol: :lol: center here in Vegas today and got to sit in a C6 for the first time. I can tell you this. I would never buy this car. First of all the brakes are completely inadequate. Even with the Z51 package which this car had, the rotors looked tiny. And the new door handles are plain dangerous. I almost lopped off a finger trying to close the door. If they wanted to use funky door handles like this they should have put them on the top of the door not the side. Lots of cheesy cheap looking parts all the way around the car. If you realy got to have one, wait a couple of months and they will be giving them away.

I'm sorry, but... :lol: :lol: :lol:

Did you actually DRIVE this car??? The brakes are the same as the C5, but with LARGER rotors. The braks on the C5 were renound as some of the best in the the world on a factory vehicle. Oh, and since when was a 13.15" rotor tiny??? :confused: Oh, and since I have the Bear GT+ system, (which is the same system as on the Vettes) I can assure you they're more than good enough. :cool:

Your preference on the interior is completely subjective, but pretty much every other review of this vehicle has praised it. If you are expecting it to look like a luxury car, with some wood trim and such, you're in the wrong car! :rolleyes:

Oh yeah, you forgot to mention that a base C6 has 90% of the performance of an '04 Z06, for WAY less. Yeah, that Z06 was an under-performer too. :rolleyes:

No on will have to GIVE these away.

I did not drive the car nor do I want to after sitting in it. They had other high end sports cars at the show and I can tell you that visualy the rotors and calipers on the Vette looked miniscule in comparison. Sure the Vette is not high end but still. What was realy sad was the GTO but thats another thread.

I did not drive the car nor do I want to after sitting in it. They had other high end sports cars at the show and I can tell you that visualy the rotors and calipers on the Vette looked miniscule in comparison. Sure the Vette is not high end but still. What was realy sad was the GTO but thats another thread.

I wouldn't really bash any car so harshly (including the GTO) without driving it. The C5/6 brakes are absolutely awesome (they can easily put your face into the windshiels)! Those other cars must have had some MASSIVE brakes to make a 13.15" rotor look small. :eek:

Ahaha..yeah, the C6 is a waste...

Not really. I blame more the idiots willing to pay that stupid mark-up. :rolleyes:

TS

Tomi, Very good point!! Now when are you going to buy one?

I pity the fool who pays $20K markup on a c6. Makes sense to wait until the second year anyway, so that any 1st year teething troubles can be resolved or at least brought to light.

Tomi, Very good point!! Now when are you going to buy one?

:lol:

With places like Kerbeck's openly advertising $2500 OFF MSRP on any in-stock C6, you'd have to be a nutball to pay more.

http://www.kerbeck.com/2005_corvette_inventory.html

:lol:


Tomi, James Wood has one for $54,000 with Xm Satellite Radio and Navigation. Didn't see that any markup was in that price. Buy it Tomi Buy it. :D

I'm sure you looked at it over the holiday. ;)

The color will match your Expedition :cool:

Tomi, James Wood has one for $54,000 with Xm Satellite Radio and Navigation. Didn't see that any markup was in that price. Buy it Tomi Buy it. :D

I'm sure you looked at it over the holiday. ;)

The color will match your Expedition :cool:

Yeah, I've seen that one. Nice. Very nice... :bow:

But... I'm missing just about $53,995.00... :cry:

:D

Tomi, Good prices on used C5s. Now what is your excuse?

With places like Kerbeck's openly advertising $2500 OFF MSRP on any in-stock C6, you'd have to be a nutball to pay more.

http://www.kerbeck.com/2005_corvette_inventory.html

98% of the population do not know about some dealership in some other state discounting Vettes. Do they even have Cal emissions? Most Vette owners will want to sit, and touch the vehicle first. After transporting the vehicle, it doesn't end up being THAT much less to make it worth it for a Vette purchaser.

I'm sorry, but... :lol: :lol: :lol:

Did you actually DRIVE this car??? The brakes are the same as the C5, but with LARGER rotors. The braks on the C5 were renound as some of the best in the the world on a factory vehicle. Oh, and since when was a 13.15" rotor tiny??? :confused: Oh, and since I have the Bear GT+ system, (which is the same system as on the Vettes) I can assure you they're more than good enough. :cool:

Your preference on the interior is completely subjective, but pretty much every other review of this vehicle has praised it. If you are expecting it to look like a luxury car, with some wood trim and such, you're in the wrong car! :rolleyes:

Oh yeah, you forgot to mention that a base C6 has 90% of the performance of an '04 Z06, for WAY less. Yeah, that Z06 was an under-performer too. :rolleyes:

No on will have to GIVE these away.

I haven't driven the C6, but I drove a C5 and thought the brakes were pretty damn effective (don't know about durability, though... hope they aren't as easily warped as LS1 f-body brakes though!). I can only imagine the C6, especially with the upgraded brakes, should brake even more effectively and more consistantly. Maybe they just look small since the wheels are so big and thin-spoked?

Oh, and the interior is a huge improvement over the C5 IMO, and very livable for a sports car, but it still isn't anything great. Realistically it's still cheap compared to most other cars in that price range. But then again I guess the Vette has always been more about raw performance than interior design. Then again that was always the f-body's excuse... so what did GM do with the extra 20-25 grand in this design? Still... with the amount of critisism the last one drew from the press and general public over the interior, you'd think they would really give it their best shot this time around. Quite a bit of the media is still upset with the new design (and you know that as the C6 gets older and newer cars start coming out, the interior is only going to look worse relatively speaking).

I guess we'll have to see how it does in terms of rattles and wear and tear and such.

I think the new C6 interior looks much better than the new Mustang (but then again I'm not a fan of retro designs at all), but the Mustang seems to be put together a little better. At least upon first impression. But doesn't it seem odd that the Mustang costs so much less yet seems to have better assembly quality and materials?

Yes. Compared to the C6, the new Mustangs interior is much cheaper looking. I sat in one as well yesterday and I was simply shocked. In comparison even a baseline Infiniti interior looks far superior to both let alone higher end brands.

98% of the population do not know about some dealership in some other state discounting Vettes. Do they even have Cal emissions? Most Vette owners will want to sit, and touch the vehicle first. After transporting the vehicle, it doesn't end up being THAT much less to make it worth it for a Vette purchaser.


Well, I didn't mean it so much in the sense of BUYING it from Kerbeck, but more along the lines of being able to SHOW this deal to your own dealer when you crunch numbers and they throw some ridiculous markup in your face.

If I were dropping $50k+, I surely would do some minimal research... Kerbeck's site is easy to find just by searching for "Corvette" on Yahoo! or Google.
EDIT: Kerbeck's also advertises in just about every major Corvette printed publication...

Well, I didn't mean it so much in the sense of BUYING it from Kerbeck, but more along the lines of being able to SHOW this deal to your own dealer when you crunch numbers and they throw some ridiculous markup in your face.

If I were dropping $50k+, I surely would do some minimal research... Kerbeck's site is easy to find just by searching for "Corvette" on Yahoo! or Google.
EDIT: Kerbeck's also advertises in just about every major Corvette printed publication...

Kerbeck is one of the highest (if not THE highest) volume Vette dealers on the world. They get TONS of Vettes, and want to keep their volume up. If sold our Vettes at that, we wouldn't have any to sell ever. Oh wait, we still don't, even though we didn't go back of MSRP. :cool:

Tomi, Good prices on used C5s. Now what is your excuse?

As you probably know, I need a "family car" still another few years. ;) After that... Who knows... Maybe a used C6... :think: :D ;)

Here is a new one for $47K

http://www.sundancechevy.com/viewPic.php?ivin=1G1YY24U355107938

Maxie Price (Loganville, GA) is the third-largest Corvette dealer in the nation...I was luck enough to be in the Atlanta area for Thanksgiving, and made my pilgrimage to oogle...on Saturday they had nine 2005's in stock, various colors and options...NO markup :cool:

As you probably know, I need a "family car" still another few years. ;) After that... Who knows... Maybe a used C6... :think: :D ;)


That's what the Expedition is for. :)

Kerbeck is one of the highest (if not THE highest) volume Vette dealers on the world. They get TONS of Vettes, and want to keep their volume up. If sold our Vettes at that, we wouldn't have any to sell ever. Oh wait, we still don't, even though we didn't go back of MSRP. :cool:


Everything you say is true.

However, I consider my doing business with our dealership to be a two-way "relationship".

If they want me to continue to come back and buy new cars every few years (ie daily drivers, etc)... I expect them to take care of me when I want to buy a pleasure vehicle like a Corvette.

I don't care if it is brand new or hot or not... myself, and my immediate family, purchase many, many cars from our dealership.

If they decide they don't want to be civil with pricing on a car like this, they knwo they will lose a lot more business than if they just act responsibly with the Corvette pricing.

My in-laws, and my wife and I have purchased the following brand new cars over the last 2 - 2 1/2 years alone:

Me: 2004 GTO
My wife: 2004 Grand Prix GTP
My father-in-law: 2004 GMC Sierra HD2500 4x4
My mother-in-law: 2003 Impala LS.
My "grandfather-in-law": 2003 Grand Prix GT
My brother-in-law: 2004 Grand Prix GT
Me: 2002 Monte Carlo SS
My father-in-law: Silverado 2500 4x4
My Wife: 2001 Monte Carlo SS
My Wife: 2001 Blazer LT 4x4

So... what is the smart move for the dealeship to make? Anger me by trying to mark up or not reasonably deal on a single car, even if it is "hot" and risk losing the above volume of business.... or act responsibly on the Corvette pricing and know that a happy customer and his family will keep coming back?


I think the answer is obvious... :)

Everything you say is true.

However, I consider my doing business with our dealership to be a two-way "relationship".

If they want me to continue to come back and buy new cars every few years (ie daily drivers, etc)... I expect them to take care of me when I want to buy a pleasure vehicle like a Corvette.

I don't care if it is brand new or hot or not... myself, and my immediate family, purchase many, many cars from our dealership.

If they decide they don't want to be civil with pricing on a car like this, they knwo they will lose a lot more business than if they just act responsibly with the Corvette pricing.

My in-laws, and my wife and I have purchased the following brand new cars over the last 2 - 2 1/2 years alone:

Me: 2004 GTO
My wife: 2004 Grand Prix GTP
My father-in-law: 2004 GMC Sierra HD2500 4x4
My mother-in-law: 2003 Impala LS.
My "grandfather-in-law": 2003 Grand Prix GT
My brother-in-law: 2004 Grand Prix GT
Me: 2002 Monte Carlo SS
My father-in-law: Silverado 2500 4x4
My Wife: 2001 Monte Carlo SS
My Wife: 2001 Blazer LT 4x4

So... what is the smart move for the dealeship to make? Anger me by trying to mark up or not reasonably deal on a single car, even if it is "hot" and risk losing the above volume of business.... or act responsibly on the Corvette pricing and know that a happy customer and his family will keep coming back?


I think the answer is obvious... :)

Corvettes are always considered a special vehicle to a dealership, and often times they are mandated by the owners of the company a minimum selling point. Only half of the cars you have listed there are Chevy's. And only two that would be directly connected with your household.

If the dealership sells both Chevy's AND Pointiac/GMCs, and you keep a good relationship there where the people know you by name, then it could make sense for them to make a small exception for you. I just don't think it would be right to be angry with them if they couldn't go back of their minimum selling point. This all just MHO, though.:)

Corvettes are always considered a special vehicle to a dealership, and often times they are mandated by the owners of the company a minimum selling point. Only half of the cars you have listed there are Chevy's. And only two that would be directly connected with your household.

If the dealership sells both Chevy's AND Pointiac/GMCs, and you keep a good relationship there where the people know you by name, then it could make sense for them to make a small exception for you. I just don't think it would be right to be angry with them if they couldn't go back of their minimum selling point. This all just MHO, though.:)


Yes, the dealership we buy from runs the full compliment of GM's brands.... well, prior to Saab/Saturn and Hummer anyway... they are a Chevrolet, Pontiac, Buick, Oldsmobile, Cadillac, GMC dealership. This makes it very nice for us, as we are able to select from basically the full palette of GM's offerings.

All the vehciles listed above we bought new from them. And I think between the wife and I, purchasing 5 new cars in 2 - 21/2 years is quite substantial.

Anyway you look at it... ya, they COULD probably sell the Corvette for more and make a better profit on that sale... however, if they do so, they risk losing that amount several times over in profit over just the next 3 years or so...

As a side note, I certainly do not expect "undoable" deals... just fair ones.

Kerbeck is one of the highest (if not THE highest) volume Vette dealers on the world. They get TONS of Vettes, and want to keep their volume up. If sold our Vettes at that, we wouldn't have any to sell ever. Oh wait, we still don't, even though we didn't go back of MSRP. :cool:

Wait a second.

The more Vettes you move the better your allocation gets, right?

Wait a second.

The more Vettes you move the better your allocation gets, right?

Yes, but that is a slow process. There is a balacne to your pricing versus current volume. Otherwise, you have absolutely nothing to sell. It's that fine line that supply/demand runs along.

Yes, but that is a slow process. There is a balacne to your pricing versus current volume. Otherwise, you have absolutely nothing to sell. It's that fine line that supply/demand runs along.

Alta Loma....do you work at Mark Christopher? Just curious. :)

No, I'm over at Clippinger in Covina as of now. I might be giving Mark Christopher a call soon, as that would be a nice drive from me.:)