As is often the case for a high-demand vehicle, dealers are putting heavy markups on the Chevy Corvette C8, charging tens of thousands of dollars over MSRP. Of course, that’s to be expected, especially when considering the continuing high demand and low supply involved. However, some of the Corvette C8 markups are simply jaw-dropping.
For example, Dimmitt Chevrolet in Clearwater, Florida is offering a 2021 Chevy Corvette C8 Stingray Convertible 1LT for $115,910, a markup of $35,000 over the MSRP ($80,910). Miami Lakes AutoMall in Hialeah, Florida is offering a 2021 Chevy Corvette C8 Stingray Coupe 2LT for $125,896, a markup of $40,546 over MSRP ($85,350), while Jessup Auto Plaza in Cathedral City, California has a 2021 Chevy Corvette C8 Stingray Convertible 3LT on offer for $168,700, $75,000 over MSRP ($93,700).
Then there’s Ferman Chevrolet in Tarpon Springs, Florida, which lists a 2021 Chevy Corvette C8 Stingray Coupe 1LT for an eye-watering $161,111, a staggering $99,516 over MSRP ($61,595).
Although the markups undoubtedly beggar belief, they should also be understood in light of the current market conditions. Demand for the new Corvette C8 continues to be sky-high, with long waiting lists and very limited supply.
To that latter point, production delays at the GM Bowling Green facility in Kentucky have been a persistent problem since the launch of the new Corvette C8 for the 2020 model year. Originally scheduled to roll off the line in December of 2019, production of the new C8 was pushed back to February of 2020 due to the UAW labor strike. Following the strike, further plant shutdowns were put in place as a result of the COVID-19 pandemic. More recently, production stoppages have been incurred due to various parts shortages and supply issues, including multiple pauses earlier in the year.
All told, the desirability and low availability of the Corvette C8 has skyrocketed dealer markups. Now, the question is this – are customers willing to pay?
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Comments
Putting the steal in stealership.
Seriously $100,000 over sticker price is asking for a lawsuit
Evan:
It would be thrown out of Court. No one is being FORCED to buy ANYTHING.
Supply and demand. Can we go to court for getting hosed at the gas pump 🤔
Greed is Greed no matter how you color it. Factory direct, no greedy middlemen. Tesla’s concept is the new wave. Ride it! Americas younger generation are not tolerant of this greed. My hat off to them.
Ummm false.
Ever heard of price gouging? Like at the Gas pump?
Same principle here. Charging 3 Times Fair Market Value is grounds for a price gouging lawsuit.
Not so. Unlike your gas example, which really only applies in times of an emergency, no one HAS to buy a Corvette, let alone one from a dealer asking over list. Don’t like it, you have multiple other choices; order from a dealer who isn’t asking over list. Buy a used one in the resale market. Wait for the demand to subside and buy from stock. Buy something different, a Ford, Dodge, Porsche, etc. Or don’t buy anything at all. The additional markup is best thought of as a convenience fee or surcharge. The convenience being you get to cut the line and get what you want now, instead of having to get in line with everyone else. But that convenience comes at a cost and it’s not a cost anyone is going to reward you with when you go to sell your Corvette.
What’s the emergency on gasoline right now?. Tax and spend. Like other have said, you can put your name on a waiting list and pay msrp. That’s how I got mine six months later. Instant satisfaction comes with a high price.
EVERYONE WHO OWNS A CAR IS FORCED TO BUY GASOLINE. NO ONE IS FORCED TO BUY A CORVETTE! I had to wait for 10 months but I got mine for sticker.
My brother just got his 2021 Corvette in…those prices I’ll stick with my 911 Carerra and my BMW Roadster..I also have a Harley..but since I’m single and live alone…I can do without a new vette
Not too full of yourself. Remember it’s those who have to let everyone know is those who are in the early stages of…
But it is a HORRIBLE optic for GM dealerships and an insult to the Corvette Community!
That actually has nothing to do with it… It is, by definition, profiteering and price gouging. Defend it all you want – does not change what it is…
Chevolet should sell the corvette direct at Msrp they will make more on each car, and take away from dealers, I will not buy anything from a Chevrolet dealer again, they just take advantage of us.
I got mine from a dealer for sticker. I had to get in line an wait my turn.
Please note that we are not selling Corvettes over MSRP. The price markup was an error and all of our C8’s have been sold at MSRP. @GMAUTHORITY never bothered to reach out and want to post false information.
Tell me where you are located – I have been trying to purchase a 2022 convertible at full MSRP for a month!
Stingray Chevrolet in Plant City FL. MSRP always
Where are you located. I will fly there and purchase on site if you have what I want.
I am picking mine up today 2022 Convertible MSRP 98,605 at Richard Lucas Chevrolet Woodbridge, NJ
Congratulations, how long was the wait?
I ordered on July 3, 2021
You may be too young to understand but GM cannot sell direct to the public. The sale must go through a stealership.
Yes – but some smart ass will get a dealer ship and sell everywhere… there one dealer specializing in them in Atlantic City…
they should team up with the toilet paper hoarders who were gouged during the pandemic.
Please note that we are not selling Corvettes over MSRP. The price markup was an error and all of our C8’s have been sold at MSRP. @GMAUTHORITY never bothered to reach out and want to post false information.
How much over ‘sticker’ would you pay for front row seats to your favorite sports ‘super’ game??
Nothing… I worked too hard to earn it and I am not about to waste it because of some jacked-up excuse to rip off the American public!
For the wealthy only. Otherwise, be patient, your car will be built.
Thank God gave us Lexus…..
What? Most buy a car that fits their needs. Seems you buy to impress the neighbors and Jones’s. Did you vote for Hiden??
Are these cars ones that they bought used with a few hundred miles on them? Or are they ones they ordered for inventory? I thought all orders to the factory had to be pre sold.
They have to be sold orders, but the original purchaser could back out OR smaller dealers desperate for allocations could “create” a purchaser that magically no longer wants the car when it’s here. It’s a short-term gain, GM doesn’t look fondly upon it, but if you’re only going to sell one at $100k over MSRP, I guess they deem it worth the risk.
not true. If you don’t have allocation for a vette, you will not get it even if it is a sold order. Also submitting sold orders for vehicles that you don’t have allocation for has been suspended for quite some time
Dealers can be very short sidded and be real pigs when it comes limited supply vehicles!
M S Watchdog:
Is that similar to being short SIGHTED?
Saw similar dealer mark ups by Ford dealers in Las Vegas when I went looking at Raptors, less money yes, but same thing…. Most wanted at least 10k over msrp….. told all of them that I wouldn’t even consider paying them any amt over msrp…. As your just throwing your money away and will never see any return on that money ever….. all your buying is a chance to own a vehicle several months before someone else…. A little patience will save someone thousands of dollars, eventually, like almost any product, they wii be available at a discounted price…. Yes there are a few exotic brands where only a few vehicles will ever be made, Like a Ford GT, but these are already mega priced cars for the very wealthy……Corvettes and Raptors are not in that category, wait a year two and scoop up the same vehicles and have enough money left over to buy your next vehicle too…..Why make some car dealer rich and yourself poorer
No one with a brain would. seriously consider purchasing these vehicles. In fact, if these are advertised prices, I would be inclined to buy a C8 from dealers who are not involved in these kinds of shady dealings. There are plenty of Chevy dealers selling C8s at MSRP. This may be something that blows up in the participating dealers faces.
Unscrupulous behavior in one area, unscrupulous behavior in other areas???!
Just add these four dealerships to the ones you will never buy a car from again.
Please understand that we are not selling anything over MSRP. This was an error on our end and these C8’s are already pre sold at MSRP.
This is false information, Dealers are overpricing ask over the country and should have their dealerships removed by GM. This is dirty and UNETHICAL Behavior !!!!
Best way to pay them back is to never buy from them
Unless they have a killer deal on the car you want in the future!
They call it “more money than brains”.
Gen xers & millennials wouldn’t understand!
Please note that we are not selling Corvettes over MSRP. The price markup was an error and all of our C8’s have been sold at MSRP. @GMAUTHORITY never bothered to reach out and want to post false information.
Kyle;
I just spoke with one of your sale woman (10/13/2021 – she said it is not that case – your dealership will markup the price, this is totally conflicting with your response here
I Spoke to Kyle directly and it is true that his dealership does not charge over MSRP for C8 order.
Thanks Kyle
I saw a bronze used C-8 at a Mercedes dealer in SW FL for $134,000. Only in FL.
Dealers who markup the C8 Corvette over MSRP, even by a little bit, should be boycotted by ALL Corvette buyers. Their dealership names should be posted on social media so that they can be avoided by ALL buyers!
I agree completely. Not only do I refuse to submit to such tactics, I will not ever again purchase any vehicle, at any price, from a dealership which engages in this sort of opportunistic profiteering.
Please note that we are not selling Corvettes over MSRP. The price markup was an error and all of our C8’s have been sold at MSRP. @GMAUTHORITY never bothered to reach out and want to post false information.
Totally unconscionable behavior—pure greed, but it will backfire on those dealers. I was seriously considering a C8 for a long time but decided I was not going to play their game. I opted for a new well equipped RAM 1500 Laramie 4×4.
So you went from a C8 to a Ram pickup. Sure, I can see the similarities. Hope the Ram had the track app option. Actually I get it, just looking for a different fun vehicle but a bit on the other side of the spectrum. LOL
Those dealers are not dummies and people who buying too, all the C8 sold now have bigger resale value than their original retail prices. Nowadays buying a C8 is a better investment than crypto money. The market decides to the worth of goods. And everybody knows these cars are criminality underpriced. Because American car companies and GM management have some serious inferiority complex. Some reason they think they can’t price their vehicles according to competition and It would be a shameful act if they try to enter luxury market.
I would like to know where are all the Corvettes going. With production of about 850 cars a week there should be more Corvettes around on Dealers showrooms. I do not believe in mark ups over MSRP. The nation’s 2 largest Corvette dealers are selling at MSRP. I believe Chevrolet is playing the numbers on production to keep the demand high. If you run a locator on the GM website it never has the same answer, so therefore I think something is not correct.
Production hasn’t been constant on these cars since the very beginning though. The factory only just came back after a month-long shutdown due to “part shortages.” Add that to the multitude of delays and shutdowns since 2019, and I’d bet they’ve enjoyed very few weeks of true, full-scale production since the car was unveiled.
In a couple of years, there will all kinds of them on used car lots! Any dealer that sells for over-list
should be boycotted. A lot of these peeps buying these C8 are just youngsters that never own or driven
a Vette in their lives! Just got to have the latest thing!
REMEMBER, A FOOL AND THEIR MONEY WILL SOON PART!
Never would I pay over Msrp for any car or truck. When the parts become available so will the cars flood the lots. I just purchased a new Yukon Denali and like it just as much as the Escalade I traded.
I remember paying $200 over M.S.R.P. for a new 1978 Corvette, Indianapolis Pace Car, but I heard stories of buyers paying a lot more than that above M.S.R.P., for the same vehicles. Be careful when you say, “I WOULD NEVER PAY MORE THAN M.S.R.P. FOR ANY VEHICLE”.
2489048754 anyone wishing to sell 2020 vette call Ms. MOTOR CITY please
You act like MSRPs are bible. You consent to get stiffed by the car makers but not the dealers. I don’t see anybody complain about paying two to three times more for a bug-effer German compact sedan or sports car. The problem is people don’t know actual cost of the cars but when its comes to dealers they know they pay markups. Do you really think a bentley suv which is dressed VW cost 200K to make so they sell with 250K price tag.
As i said before i put the blame on GM for horrendously underpricing C8 and creating this frenzy. People can’t find one and dealers take advantage of that. I really think American car companies don’t know the buyers behavior.
those are the areas where all the big dope dealers live and if they want a C-8 they have the $$$ to buy it no matter the markup.
My order is at 3000 level at MSRP. I’ll wait patiently. Rick Hendrick in Duluth, GA is 5th largest volume dealer in US and they are fair, honest, and no markup.
A crime is when money is taken by force. If you willingly hand it over then it is all on the buyer. If you give someone your wallet on the street they did not rob you.
Look the only reason some dealers do this is because people pay the price. No one is holding a gun on these customers and they willing play the price.
If people would gain more control of their emotions and money they would not be getting ripped off. These customers get what they deserve.
There are dealers out there that are not marking up the price and they are the ones that should get the sales. Take the time and look around and pay the correct price.
But some dealers are just doing what customers are doing. Buying and reselling at a profit as used C8 prices are higher than sticker. Again these people should not be rewarded with a sale. Take the time order a car from a legit dealer and pay the fair price. Paying more to satisfy an urge is just going to make you poorer in more than one way.
EXACTLY. Dealers are incented to do this by consumers who willingly pay the price. It’s hypocritical to skewer the dealer for asking for a certain price, as any homeowner in the current market will attest. If your home has an appraised value of say $400,000, but the community you live in is hot and someone offers you $450,000 to buy your house, would you not accept it? Would you push back and say, no… the appraised value is $400k, I won’t accept a dime over $400k? That’s exactly how a free market economy based on supply & demand is supposed to work. It wasn’t too long ago that C7’s were on the lots with 10k discounts off MSRP, everyone seems to forget those days…
Exactly right C8.R. Anybody with half a brain knows there’s a fool born every minute. Nobody needs a Bentley or a Rolex but they are sold to people with more money than good sense anyway. My last new Cadillac was 8 months old and cost $18k under sticker. My current C7 Corvette was 3yrs old with 20,000 miles and was had for $22k under sticker. I’ve had it 3 yrs and is worth the same as I paid for it. I’ve read articles in magazines that say a used Bentley can be had extremely cheap, but do you really want to try to repair it? I watched 2 new C8’s put out on the showroom floor with $35k markup. I sat in it, and laughed that his markup was almost the price I paid for my C7. Sorry, not stupid enough to support the greedy.
STOP BUYING THE DAMN THING. Why would you pay anything over sticker, even sticker is nuts. GM makes the most profit in this car. Find a C7 and buy that used or not. There are plenty of cars as nice. Want to be the first ? Yep the first to get screwed. You notice GM does nothing to try to stop it. These dealers need to be gone and wait until you go for service, bend over baby and add ons LOL be prepared to take you now where again .
Well C7 prices are also seriously high right now. Limited availability of the C8 and maybe (?) some wanting to hold onto the last front engine Corvettes. Hard to pay $45 to $55 grand for an used base front eng model when the C8 starts at $65ish.
You DO MEAN the C8 starts at around $165k-ish?
It’s the best and most innovative Corvette ever built, and regardless of profit margins, it’s still at a relatively low price compared to its competition. The CORRECT answer is to just wait your turn at a reputable dealer like everyone else. The car will be common eventually. Also, GM just applied its “average day supply” allocation system to the Corvette which inadvertently punishes dealers who mark up the cars and have them sitting on the lot for 2 weeks by restricting new allocations to them, and rewards dealers who follow the process of placing an order for a legitimate buyer and selling it to them quickly at MSRP when the car arrives with more allocations.
im looking for that dealer that is not marking them up
Stingray Chevrolet In Plant City Florida
Thanks mike just spoke with them
Why do you consider the “ADS” model an “inadvertent” punishment to the price-gouging overpriced dealerships? I would hope it would be INTENTIONAL to prevent this horrible behavior. This is WHY everybody HATES car dealers!
ON THE CONTRARY! GM is doing a LOT to stop it. Right now there is less than a 2 week supply of inventory. GM is reducing the allocations of any dealer who has a car in inventory for more than 2 weeks. This will change everything quickly. If you have a car on the showroom floor because you’re asking even only $10k over, you will have one less to sell in the future. For those who have the money and want it NOW, I believe this is fair. For those who want to get it for MSRP, get in line and put your deposit down and wait 10 months like I did. What’s the big deal??
Somehow—this process should be made ILLEGAL!!!!!!!
GM says they don’t like dealerships selling over MSRP but there’s nothing they can do. How about cutting their 2022 C8 allocation in half. Maybe that would curtail them.
Please note that we are not selling Corvettes over MSRP. The price markup was an error and all of our C8’s have been sold at MSRP. @GMAUTHORITY never bothered to reach out and want to post false information.
This post is repeated 6 times in this thread. My posts have all been removed for talking about the markups. Everyone who named dealers and their obscene markups has been removed. Why is this one repeated over and over?
Who are WE Kyle. And why have you posted this same thing over and over and over? We get you are defending yourself, so tell us, who do you work for?
For Ferman Chevrolet in Tarpon Springs. We have delivered probably 30 C8’s and not one of them over MSRP.
Good for you Kyle. But don’t try to defend those who are marking them up. Every Corvette delivered is by order. Not one is being shipped for dealer inventory by GM. Every marked up unit was ordered by someone at that dealership with the purpose of marking up the price for those in need of instant gratification. Do you remember when the Miata first came out. Resales we’re close to double the sticker. Some people just can’t wait.
I am no trying to defend anyone! I am trying to defend the reputation of our dealership. This was a pricing mix up on our website and GM Authority decided to post it to their advantage.
A real manufacturing company would put a stop to this. General Motors only cares about the bottom line and that has always been the issue with this company. Camaro will soon be a thing of the past, once again! Pricing of GM products are out of control as long as ignorant people are willing to pay the price. Kia, Hyundai and many other foreign manufactures are whipping the but off GM. Time to pull heads out of there A$$e$ and get real!
Have to take issue with your contention that GM only cares about the bottom line. As a former Cadillac and
Chevy dealer, GM (and mostly all OEM’S) care about CSI. Acronym for Customer Satisfaction Index. CSI score
effects franchise decisions. To be awarded a GM franchise (they are free by the way) or get Gm’s approval
on the sale of a franchise, the potential Dealer (Buyer must have a high CSI score). Without it and years of
previous successful experience you will not get approved. Getting to the C8, GM’s buyers are the Dealers. All dealers pay the same price. MSRP means Manufacturers Suggested Retail Price. Once the Dealer buys from GM
he can price it as he wishes. GM can get creative in punishing dealers ,but I have no room to get into that.
In 1975 after getting out of the Navy—I was looking for a new Corvette. Only one dealership in the Cleveland area had any—and he had a showroom FULL. He pulled off the stickers, put a few miles on them and was selling them for whatever he could. He has been out of business for about 30 -35 years now. Moral of the story—you get what’s coming to you.
There are dealerships that stick to MSRP!
We need to get a black list on all dealships that do not….best way is to notify corvette clubs!
Ferman Chevrolet of Tarpon Springs is selling C8 Corvettes for MSRP. The ones that are online are ordered units. Because GM forces them to the website when they ship, they are marked up significantly so no one inquires on the them. These units are ordered sold units at MSRP. Also in our disclosure they are marked as ordered units! These comments should be deleted.
Reality is even when ordering and waiting dealers are adding market adjustments.
My 1LT Elkhart Lake Blue Coupe is MSRP at $63k and when the order was placed back in December the dealer added $10k on the order. At least they were upfront about it. At 3300 production code today. 8 months from the date I gave them the deposit.
You know what’s crazy. I work at a very small dealership as a transportation guy. I had my 2012 Ford Taurus put in as a consignment car. Listed it at 10,500.00. Plain old Black Front driver SEL leather 165,000 miles very clean. I left for the day came back and there was a sold tag on it. Full price. That’s messed up.
The dealer markup situation is EPIDEMIC: GM (Cadillac CT4V & CT5V Blackwing, Corvette…), Ford (Mustang Shelby GT500, Bronco, Raptor…) and now Acura –
My local Acura Dealership Manager advised me that they are adding a +$5K markup over MSRP for the Acura TLX Type-S. Note the MSRP for a reasonably equipped build is in the the $55K range. Here is my email reply to the dealership when the “Markup Conversation” surfaced…
I have had rather unsettling experiences when trying to purchasing limited allocation vehicles. Hence I have decided to omit dealers that are amplifying the price above MSRP from my list. Of course, if there is clear and convincing value that the your dealership is delivering for the markup, I am willing to listen and review substance the “added value” you are proposing.
Otherwise, here are my key concerns on markup of MSRP –
(1) The used car resale value considers only devaluation from MSRP (not what was actually paid when purchased new);
(2) Adding $5K to the MSRP puts the price of the Acura into competitive territory with similar cars from BMW & Mercedes (ie – the price/performance advantage is diluted);
(3) Last but not least, other Acura dealers in my area willing to sell the car to me for MSRP (so why pay more?).
I have not yet placed a deposit, however, if your dealership is willing to place a greater value on gaining a new client with a potential for many future purchases over a one-time transactional markup for profit, I am willing to reconsider.
——-
THEN…. THE “HIPOCRACY OF A REPLY” FROM THE DEALER TO MY EMAIL – “Thank you for getting back to me David. I am sorry you feel that way, but given the numbered cars, there will not be unlimited inventory on the Type S and there is a premium to them. Should you consider an A-Spec we certainly could talk numbers and there are rebates available, we just do not have the wiggle room in the Type S.”
“UP FOR AUCTION IS MY 1945 MONOPOLY GAME! IT’S FROM THE SAME YEAR WORLD WAR II ENDED! THIS ONE IS NOS, IN ITS ORIGINAL SHRINK WRAP! YOU’LL NEVER FIND ANOTHER ONE LIKE IT IN THIS CONDITION, ANYWHERE IN THE WORLD! $10K, FIRM!”
That and dealer-price-gouging-mark-ups on C8’s…People living in an “alternate” reality…makes you wonder where or whether they even went to school and what they learned…if anything…
GM is closely monitoring all dealers engaging in mark up practices above MSRP. Future Allocation for any dealer engaging in such practices will be severely impacted. Probably not the best sales process to engage in if a dealer wishes to maintain allocation.
just remember all those silver and black corvette indy pace cars that were selling for thousands over sticker that were stored away because they were going to make the owner rich someday
Paying $25000 -$100,000 over sticker new will the next owner pay you that ? mark up for the owners pocket let the rich kids fight over them = dealers and the buyer who does not even get to drive it I’ve seen maybe 5 on the road this yr maybe like the Ford gt going into collections not to be driven but at msrp c8 is a great sports car any one should be able to afford buy drive maintain
In 1986, I went to a Detroit Honda dealer to get a quote on the new 2-seat CRX. When I questioned him about the price, he admitted it was above the MSRP. I drove up the road to the Acura (first year in the US) dealer, and bought an Integra at list price and got a more advanced engine, as well.
How about we just tell those Chevy dealers to go F**K themselves!
Selling over MSRP is not new for ANY brand. A dealer/friend of mine explained that MSRP is “just a number” and it’s “the market that sets the price range”. I was surprised that Chevy/GM would allow any dealer to sell a new vehicle over MSRP. But then, my dealer also acknowledged that there are some vehicles that they simply can’t sell at MSRP and always have to discount. So… what others here have already said here is true, the market price is determined by what people are willing to pay. Like it or not, that’s the free market system and goes well beyond dealers. We’ve all seen the multitude of used C8’s being advertised by private sellers for consistently above the original MSRP. In many cases over MSRP by $25 – $30k even in the used/private market. I do not consider myself a greedy person, but if I were to sell mine (which I paid MSRP for) I would sell it at market prices (above even MSRP) and not something less just for the principle. Would I then be part of the “problem” or would it be the person willing to pay market. Or… would it simply be the way the market works.
Look GM tried to discourage this as much as they can but laws regulate things to the point an MFG is limited to the extent of what they can for a dealer to do. The government laws protect the dealers from many things including what they charge for product. This is why your widow sticker has a MSRP on it to let you know what they feel is the correct selling price.
In other words you were warned.
This is also not food or water. If they are screwing people on price at the dealer then don’t buy the car. You only get screwed if you pay the price.
Stop complaining about the dealers and GM as the control is in the hands of the buyers. Get mad at the idiots over paying. In time the prices will drop back and they will be the ones still screwed.
All Corvette prices are up now as even C4 and 5 prices are up. People are buying used products now as that is often all they can find.
My truck I bought new in 17 I paid $38K for it is bringing $42K on the market used now.
The lack of chips, the lack of inventory and the rush coming out of the virus has driven prices up in the car market. We are also seeing the same in the housing now as houses are short, wood went up and demand is high.
I have seen many houses going over asking price by people that never even set foot in the house. Many are buying sight unseen as houses are selling in hours not days.
These are strange times we are now navigating though. As for the Vette. You want a fair price sit back and wait as it will come to you. If you need one that bad then pay the penalty but you know you can live with out one if you really want to.
The smart folks are the ones who will wait till next year and let the ZO6 arrive and those with the Z51 models now will trade up and give the market a number of low mile C8 models at a discount.
2489048754 anyone wishing to sell 2020 vette call Ms. MOTOR CITY please
They are not marking them up. One of the cars on there is mine and I am picking it up this weekend. The reason they adjust the price is they get a lot of calls about them. It is to deter callers. They had one that was canceled and they did sell it for $125 but those in the article are all spoken for.
Picked it up Friday and paid MSRP. Thanks Bogi and Ferman cheverolet. See you from the Z06.
See you for my Z06 order. For now I’m enjoying my LT2. I’m really happy it’s worth every penny and all the hard work I did to get it.
Not worth anything over MSRP.
It’s a Corvette, in a coupe of years anyone that paid over Will wish the had the cash back.
Whenever it gets traded in or sold it will be a used Corvette and the dealers win again
The Ferman dealership in Tarpon Springs has all of the Corvettes presold at sticker pricing. The additional money you see online is to deter incessant callers from attempting to buy before their Corvette arrives. For proof, feel free to call in and receive the same story.
Dan and Freman thank for my new baby. I love it and loved working with Bogi. I already ordered a Z06.
Just curious. How did you “order” a Z06 – or do you mean that you’re on a dealers standby/waiting list ? Thanks
I’m on a waiting list with a $500 deposit.
Minor correction on original launch date: Chevrolet made a big deal about the launch date being July 18, 2019, which the Internet documents copiously, as in this GM Authority blog:
“After roughly two years’ worth of rumors, speculation, and spy shots, we now have an official date for when Chevrolet will hold the mid-engine Corvette C8 reveal. That magical date is July 18th, 2019, according to an official email sent out by Chevy to fans, followers and owners. That’s one less thing to speculate about.”
Guy & Dolls,
i know of a dealership that will sell you a new corvette for sticker price and if you are out of state they will deliver it to you for a charge of apprx $1,800…
check out Chevy Dude on youtube, watch the channel and he will answer all your questions…
they are an honest chevy dealership… ask for Mike.
good luck!
Penske Chevrolet in Cerritos Auto Mall ( Calif) is $35,000 over sticker.
You did not pay too much, you just bougt it too soon.
– Jay Leno
I paid MSRP and waited 13 months. But I did get it.
Very happy. Maybe I can get a fair price when I sell.
I know 2 dealers for sure that do MSRP.
Nothing illegal about high price on short supply.
But they are supposed to be sold orders not dealer supply
years ago, I didn’t buy a Cadillac SLR from Jessup because of their stupid $25,000 markup asked.
(Glad I didn’t get one!)
Same reason I didn’t buy my C8 from Jessup because of their stupid added mark up demand.
But that’s the way to retain local customers, right?? I think not!
Think in Small market s where the dealer is closed on Sunday don’t play those games as he sees them at Costco church at kids baseball games one could make dealer a offer take it or leave it it’s good for 24 hours just remember there’s another bus in 30 minutes another dealer or next year or the next
So… if dealers were absolutely required to sell vehicles at MSRP, what do they do with other models for which people simply will not even pay MSRP. Are rules different if they discount MSRP to meet market than if they are adding a premium to meet market ?
These vehicles are in production. Not truly rare and certainly not collectable. Stoppages are due to suppliers. Supply will meet demand and some. Always has. The” I want to be first” mentality permeates at this time. Won’t last.
Time is approaching when discounts will happen
Like it or not the market sets the price, whether it’s ABOVE or BELOW MSRP
I remember going to Malcolm Konner Chevrolet in Paramus, NJ in 1984, which at the time advertised themselves as “America’s #1 Corvette Dealer” when the C4’s came out and they were the only one’s around with inventory. They were asking $3000 over MSRP (about $7,700 in today’s money) when the car’s base price was $21, 800 ( $56,481 in 2021 dollars), so this is nothing new.
I recall that and those 1984 models were junk.
Buy from Rick Conti in Ohio. He sells lots of C8’s at MSRP. And he delivers a to anywhere in the US. Usually within less than 6 months unless plant shutdowns. I would have ordered from Rick but we live in Canada.
This is ABSURD that GM allows this ridiculous behavior. It’s enough to consider looking over the Corvette entirely because of the lack of ETHICS that this company shows !! Keep your overpriced POS.
Please note that we are not selling Corvettes over MSRP. @GMAUTHORITY please remove your false Accusations. You should have called the dealer before posting!
Every comment on this thread that had the dealers name listed and how much they were asking over MSRP has been removed. Why would GM Authority do that? There were several dealers named with markups from $10k to $35k. I must admit, there’s a sucker born every minute
Unethical company !!!
I ordered my 2022 C8 a couple of days ago and my first question, Do you have any Allocations open. The answer I got was yes, we have 10 and 5 open you will be number 6. I placed my deposit for MSRP and now I wait. I was advised no fleet or employee discounts on the C8.
GM is the King of UNETHICAL BEHAVIOR !!! 1000% !!
Saw one at dealer in Carlsbad cal $35,000 over sticker let the rich kids fight over them now it is used with 1 mile dealer can ask any price
Wow!!! That’s so ridiculous !! 😡😡😡😡
Charlie this info from @GMAUTHORITY is in accurate. This post was done just by a google search. They never called any dealers to ask them and because there was a mistake online they made their own decision to call us out. Ferman Tarpon Springs is not charging over sticker.
And some dimwit at Dimmitt told me the other day the Dimmitt prides itself on taking care of their customers. BS I say.
I posted 2 days ago about this article. It is not true for Ferman chevrolet in Tarpon springs FL. I picked up my vetter Friday 7/8/21. I did not pay 1 cent over MSRP. The salesman Bogi is a great guy and I can’t wait to get my z06 from him. I don’t think this article is fair. The writer did no research and assumed they were taking advantage of customers and that is not the case.
YOU ORDERED IT! You picked it up! If they tried to mark up the car you ordered, you have the right to sue. A few dealers tried, but were told an order is an order. We’re talking about dealers ordering cars themselves just to mark them up.
Dealers are counting on lawyers, fools and those who require pinal extenders to enhance their income. I can think of better fun for the buck on a car.
When the afore mentioned crowd sells it in 3 years, they will b lucky to get 50k.
What’s amazing overall, not just for corvette, but for many GM models is the markups over MSRP that dealers are asking when we, the tax payer, bailed out this company. Not only bailed them out, but bailed them out at US Government loss of 11.2 billion dollars.
My wife recently decided to buy a new Hyundia SUV, I found one locally and contacted that dealership on line, they advertised the vehicle she wanted. They listed vin, equipment, MSRP and a button to push to get their special below MSRP internet price.. We did that got their discount price, made an appt and headed to the dealership across town 20 mins later for a test drive. Short version, got there, did the test drive, wife liked it, offered to buy it on the spot for the internet price they quoted me just 45 mins earlier… they had added a dealership sticker next to the factory sticker calling it a market price adjustment, It was just under an additional Ten Thousand dollars over the price they gave me on the internet… I told them We would by the car at their quoted internet price, but not a dollar more, and certainly not ten thousand more for nothing….dealer refused to sell it for less than their added marked up price…. Told me I must have missed their disclaimer on their web site ad…. We left and when I got home, Within 15 mins, I found this exact same vehicle in a neighboring state dealership and bought it .. and without any added markups, saving about ten grand….. My point to all this is, its not just some GM dealers, that are dishonest, and greedy…Its all brands…. they can choose to sell their cars at any price they wish, but with a little work, you can shop around and find an honest dealership and still get the car you want at a fair price…. The kicker in this story, is the first dishonest dealership called us a week later and offered to sell us the original car now at MSRP, as a special price, as they hadn’t met their sales quota for the month…. Gee I wonder why????
If you order online and wait the waitlist time (8+ months) do they mark it up still or can you pay MSRP?
They cannot mark it up. You ordered it. It had a price attached.
Has anyone purchased a new corvette from another state and had is shipped if so how was the experience. Thanks
I’m seeing more of them on the road 3 over the weekend those who paid msrp and drive a few yrs enjoy the car
It’s a shame that greedy dealerships are taking advantage of people and private sellers. This car was ment to be priced at MSRP, that’s market research, not to fill the pockets of greedy dealerships. Unfortunately there’s enough materialistic idiots out there that will pay it also. If GM gets their production act together they can get enough cars into the genuine hands of car lovers that want to own and drive this car.
there is a lot of dope money in fla. and calif. so these buyers don’t care how much they pay.
Kyle;
I just spoke with one of your sale woman (10/13/2021 – she said it is not that case – your dealership will markup the price, this is totally conflicting with your response here
Wait for the price gouging on the Z06 out the gate though when your order is placed. Greedy dealers are pushing the worlds most affordable sports car out of reach for real Corvette supporters. My dealer contacted me just to reassure my interest and told me they were going to markup 30K-50K when the order is placed for a Z06.
Back on July 3, 2021 I ordered a C8 convertible for my wife. As of today, it is at 3000 and I was told it will be at 3400 within 2 to 3 weeks and at the dealership in December. The car cost me MSRP and not a penny over. Yesterday I was notified by my salesman that I could place my order on my 2023 Z06 on Nov 2, 2021 at MSRP as well. Seems like to me those who are paying 30K over MSRP are doing this by choice. I know factually that no GM dealer can order a corvette form more than MSRP. If they are caught doing it, they will lose allocations. The only way they can order a C8 is retail sold only. They are marking up cars that the dealer ordered for an individual who backed out or they have units that are used.
Well Chris J GM should strip those pricks of their franchise ! No matter how well of you are you should never never pay over list for any car!!
⚠️⚠️ This is on the shoulders of GM , if they allow their douchebag dealers to play games on pricing they might as well get rid of the MSRP all together. ⚠️⚠️ I think there’s way too many sleazy Chevrolet dealers and selling the C8 next to crappy little econoboxes like the spark is a total joke🤡🤡🤡🤡🤡🤡
This is just plain unethical behavior⚠️💯⚠️💯
Hey Guys and Gals…..If GM….truly wants to serve it’s customers, they should list all dealerships that are following the MSRP guidelines that they publish.
Problem solved!!