WARNING: The All-New Chevrolet Corvette Might NOT Actually Cost $52k

WARNING: The All-New Chevrolet Corvette Might NOT Actually Cost $52k
When Chevrolet made headlines for announcing the price of the all-new C7 Corvette, it was a shocker. That's because the brand has done A LOT of incredible work and made this a significantly better product. To have a base price of $51,995 is — frankly — amazing.

I mean, no one in their right mights will option this car bare naked because the Z51 package looks unreal but that's another story for another day.

There's just one problem: That $52k base price is likely to be hard to come by. Dealers are expected to be gouging left and right. This is a fairly common practice when demand outstrips supply when all-new rides drop.

As far as I know several states have laws against this practice, and last I checked one of them was New Jersey.

And there's another issue, specifically pertaining to the Corvette. According to AutoWeek only 900 of the 3,000 Chevrolet dealers nationwide will actually be selling the all-new 'Vette. Obviously with serious demand and a narrower channel you can't expect things to get better.

That said, if I were you I'd stop over at AutoSpies' sister site, DealerRater.com and start seeing which dealer is legit and which is toast if you're preparing to order yourself an all-new Chevrolet Corvette. They'll treat you right over there ;)

General Motors resisted the urge to jack up the price on the 2014 Corvette Stingray, despite major enhancements on the seventh-generation sports car.

The $51,995* sticker for the coupe, which is expected to hit showrooms by September, is just 1,400 bucks more than the current model, even with its more powerful engine, better fuel economy and vastly improved interior.

Why the asterisk? Because buyers will be hard-pressed to find one at that price.

The gouging is expected to be rampant...



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RobNHRobNH - 5/4/2013 10:19:51 AM
+1 Boost
The Corvette Action Center inquired with GM about the reasoning behind limiting dealer allocations for the first year. On the last page of their article is the reasoning given by GM:

http://corvetteactioncenter.com/specs/c7-corvette/2014-c7-corvette/2014-c7-corvette-review.html



jeffgalljeffgall - 5/4/2013 10:29:25 AM
+3 Boost
Last time I checked, our economy is based on a free market. If supply is low, and demand is high, there will be those willing to pay more for the right to get the product early. Why do the articles come up in a negative way every time a new, high anticipated car hits the market. It is interesting to hear they are driving demand, but enough with the negative conotation.


Agent00RAgent00R - 5/4/2013 1:00:59 PM
+1 Boost
Listen, I am all for a free market; however, price gouging is not acceptable anywhere. Sorry.


scenicbyway12scenicbyway12 - 5/4/2013 7:00:11 PM
+3 Boost
Then you don't believe in a free market.


HokieBimmerHokieBimmer - 5/4/2013 2:55:17 PM
+2 Boost
At the end of the day, price gouging is what it is. But no one is forcing you to buy anything. If a customer is willing to pay a dealer more to get a car while it's brand spanking new and in hot demand, that's there prerogative. What you pay for a car is ultimately between you and your dealer. Don't like the price, let your feet do the talking and keep shopping. Too impatient to get a "better" price, that's your problem.

For me price gouging is only relevant when you start talking about critical or essential needs like food, water, maybe even gasoline. But for a luxury item like a brand new sports car.....gimme a break!


MorePowerMorePower - 5/4/2013 7:22:59 PM
+2 Boost
If you need to have this car this year, then you are going to pay the price. Personally, and this goes for any manufacturer, wait for the second model year.


kuvakas1kuvakas1 - 5/4/2013 8:21:19 PM
+1 Boost
Having worked in the retail end of the business for a long time, it always amazed me that the same buyers who were eager to ask for discounts on most products, asking the dealer to ignore the MSRP, would get indignant when it went the other way on a high-demand/short-supply vehicle. Some folks believe the dealer should never be entitled to a profit but are the first to demand "first rate service" when things go wrong.



iamdabest1iamdabest1 - 5/6/2013 8:28:03 AM
+2 Boost
i paid 15.00 a gallon for 87 octane during hurricane sandy ( from a guy on craigslist) . my choice was waiting in line for 3-5 hours or paying the price cause i wanted/needed it right away.
same goes for the vette, supply and demand.


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