The C8 Corvette Z06 is a hugely desirable vehicle, offering insane mid-engine performance and aggressive, attention-grabbing styling. Unsurprisingly, some folks have attempted to resell their C8 Corvette Z06 shortly after taking delivery for hugely inflated prices, a practice known as “flipping.” GM has taken steps to curb this practice, and now, The General has laid out related ownership requirements for the 2024 Corvette Z06.
New 2024 Corvette Z06 buyers will be required to sign a document that outlines the ownership requirements intended to stop folks from flipping their new sport car. The requirements state that if a new 2024 Corvette Z06 owner decides to sell or otherwise transfer ownership of their vehicle within six months of taking delivery, they will be ineligible to make a vehicle reservation or place a sold order with a dealer for future high-demand models, as identified by GM. That includes future Chevy Corvettes, as well as non-Corvette models. In addition, the 2024 Corvette Z06’s bumper-to-bumper, powertrain, sheet metal, tire, and accessory coverages under GM’s new vehicle limited warranty will be voided.
The agreement goes on to state that if a new 2024 Corvette Z06 owner does decide to sell their vehicle within six months of taking ownership, they will be required to communicate the loss of warranty coverage to the transferee. However, GM stipulates that the terms do not impact product recalls.
As GM Authority covered last year, GM laid out similar ownership requirements for the 2023 Corvette Z06, as well as the Cadillac Escalade-V and GMC Hummer EV, all vehicles which are considered to be highly sought after and potential targets for flipping. Originally, GM set the ownership requirement at 12 months, but later reduced the requirement to 6 months. In addition, GM offered 2023 Corvette Z06 owners who met the ownership requirements 500,000 My Chevrolet Rewards points, a $5,000 value. It seems as though the rewards points are no longer offered to those customers who meet the ownership requirements for the 2024 Corvette Z06.
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Comments
Woe to the buyer who prefers a used Corvette at a higher price and no warranty than waiting a little more for a new unit at a lesser price.
Screw GM, they need to do something
about the dealers who are asking $25-100K market adjustment. GM needs to pull there allocations and send the cars to the dealers who are doing right by there customers.
So the dealers can profit ie mark up 20-100gs and that’s OK I found several 23s but the mark ups were off the charts!
Also one of the local dealers here in California who always had 20 or 30 new Corvettes now only gets one or two. Is GM cracking down on dealers who price gouge? They had a Z06 they said sold for 50k over.
Criswell Chevy is seeling thousands because they are fair with price.
I think most buyers are willing to par a few thousand over but not 20-100%. It should come with some assxle grease.
As a lawyer, I’m waiting for someone to challenge this. I cannot believe it will hold up in court.
2023 Z06 70TH anniversary eddition, Yup I got screwed with 70k abouve msrp ended up paying 225k out the door sux but I really wanted my car. They started with 60k over (secretary) that answered phone then 65k (sales person) then manager went 75k over and I fanally got them to stick to 70k because he said (manager) that if I didn’t buy it that day, it was going to 100k the next day!! This is a rip off!!!
I was thinking the same thing. What about the dealers?
Yes, screw GM for what they’ve done and are doing. This can be managed better, but they choose not to do so…I suspect there was a not-insignificant number of dealers struggling to stay afloat from COVID (despite most dealers being quite wealthy), and allowing these mark-ups is a way to “throw them a bone”.
Whether by design or incompetence, this is today’s functional equivalent of usury in my mind.
While I continue to have interest in their products, and have historically bought many new cars, they have lost me as a customer…maybe not forever, but for a good while.
They do have a system in place. A year ago, they cut off all dealerships who were advertising over MSRP. The current scam is that dealerships are selling to freinds and family, sending in the paperwork, buying it back, and then flipping it as the dealership. GM hasn’t figured out a way to stop that yet. They’ve threatened, but have no silver bullet to stop that yet.
Well this new system just stopped that as it will void the warranty if not held for 6 months.
Not true. That is not what GM said. GM said that they would take actions against dealers that made promises, then changed the price after the car shows up. GM has zero control over dealers selling at higher than MSRP and apparently has no issues w/ it at all.
Not to mention GM has built in mark up, they waited to release the MSRP, They wanted to see how large the demand was and inflated the MSRP to 105. Built in 20k mark up under MSRP then the dealers are price gouging.
Thinking of sellin my stingray and going Model S Plaid with the Track Pack and a new solar system for my house, my neighbors house and my sons house and still cheaper than a new marked up Z06.
So dealers are taking advantage of current supply and demand.. Resellers are asking over MSRP so why not the dealer? How about this; If a dealer sells you a Z06 (or any hot model) for MSRP would you sign a contract stating if you sell the vehicle in the next, say 2 years, for more than the dealer sold it to you that you would pay that overage back to the dealer? If not why do you think you should be able reap the benefit of a hot market item when the dealer should not? The dealer is a crook if they sell for over MSRP but the buyer is ok reselling for whatever the market will bear? Supply and demand ALWAYS play a role in selling price, Think 4 years ago with over supply of most brands and models, lots overflowing, huge manufacturer rebates and dealet discounts. Did you offer to pay MSRP instead? Didn’t think so, supply and demand. Deal with it.
However when you order a Z06, thinking you are going to pay sticker, but when car comes in, the dealer adds dealer adjustment of 100k, that is wrong. Happened to a friend of mine. He refused the car, then it went into dealer inventory and sold next day at 100k over. Bob, you know that is wrong.
There’s no barrier to stop dealers
*their
I agree! My dealership, where I purchased my 2020 Stingray, called me with a Z06 allocation. It was my turn to order, however they demanded a “market increase”. I demanded to purchase at MSRP, as I did with my Stingray. They refused to sell me a Z06 at MSRP, so I refused to order and purchase a Z06 with their arbitrary gouging price increase.
The price on regular C8 has not changed in 2 plus years, why would Z06 change ?
Total BS! If you pay for the vehicle it’s your choice to sell it for whatever price you want.
bingo… and the dealers paid for that car.
Daaaang, chevy hating on the little guy trying to make a $.
Have you all forgotten? CHINA owns GM.
So, a person who can afford and is willing to buy a “flipped” Z06 at the inflated price is going to be concerned about it not having a warranty? I think not.
Their policy for buyers is okay but they make no mention of policies for their dealers. This may stop some of the flipping by consumers but does nothing to the dealer marking up the price by 50k! This policy of the Generals really helps the the dealers ability to screw the consumer even more!! So instead of the flipper making that huge profit, the Car Dealer does! Not very well thought through!😔
My thought exactly. Two standards operating here.
Clearly GM is more concerned about what the buyer does once they purchase a Z06 with the latest buyer rules.
GM doesn’t really care what the dealer does or how much money they markup a new Z06. Remember the dealer is still getting their vehicles from GM at an average of 7% below MSRP then adds their price gouging loader on top of that.
As long as someone is willing to pay the dealer markups the markups will continue.
Clearly GM is more concerned about what the buyer/ owner does once they purchase a Z06 with the latest rules of ownership.
Also clear that GM wants the dealers to make profits not the owners. How much money the dealers markup a new Z06 above the MSRP (Manufacturers “Suggested” Retail Price) is of no real concern.
Dealers are still getting their vehicles from GM at an average of 7% below MSRP then the $50k-$100k
price gouging loader is added on. All those dealership owner purchased Z06’s sitting in showrooms? Pretty sure their purchase price was below MSRP.
If the cars were not selling situation would be different.
As long as someone is willing to pay the dealer markups over MSRP whatever the amount, the markups will continue.
So…GM is punishing Consumers but makes no mention of Dealers requiring customers to pay thousands in Additional Dealer Profit (ADP) and useless overpriced dealer add ons that the customer doesn’t want or need.
Ddawg75 – Exactly! Especially since it was the taxpayers/customers who bailed them out. Barra needs to go. This diversity hire experiment needs to end.
Exactly my point.👍
Rich people that buys these cars don’t give a crap about restrictions, they will always get their way.
Why does GM allow its dealers to buy and flip the corvettes for huge markups. I can’t buy any model corvette if I don’t agree to pay over MSRP. This is from a local corvette dealer that I purchased several corvette’s from. GM needs to practice what it preaches. Contact me and I will name the dealer.
Gm cannot tell dealerships what to charge. How many times does this need to said?
People don’t get it.
As a 2023 HTC owner who bought this great car at MSRP I am truly disappointed in GM for not reining in their dealers. My dealer who played by the rules is penalized in favor of the cheaters. GM should be ashamed of themselves. They have taken what should be a triumphant moment in their history into a shameful event.
Capitalism at it’s finest.🤪
Capitalism works extremely well, honestly. If consumers wish to be stupid over bling & status, there’s not much that will stop it.
There will always be abuses in any scenario concerning buying & selling.
Or perhaps colluding with the government on DEI, ESG, or EVs?
And to your point, again, there will always be abuses in capitalism. You can’t fix basic human nature.
How exactly is GM artificially restricting supply? GM actually increased Z-06 production as a percentage of total Corvette production. The Bowling Green assembly plant can only make so many cars each year, not to mention supply chain issues that stop production periodically.
The dealers will fix the issue by adding a “market adjustment charge” to the windshield and prices of cars in the showroom. They did that for the 2005 Thunderbird — and the car was canceled by Ford the next year.
Hey Tom, if you’re implying that like the Thunderbird, the Corvette will be cancelled by GM…..That will Never happen.
You’re right — the intent was to indicate that the dealers will grab the uptick in the price.
No GM never will cancel the Vette. (Wish I still had my ’67 427 435HP with those loud side pipes!)
A real shame about the Thunderbird although I preferred the 1957 styling over the 1955 style that they tried to go with in the re-introduction.
My local dealer who I purchased 10 autos from will not sell me a corvette unless I pay a large premium. GM condones this practice. Why does GM allow the Dealer to give the warranty to a buyer who pays a premium. GM clean up your home ( Dealers ) first.
GM cannot control what dealers charge. How many times does this have to bve said.
They can, however, choose not to give dealers caught doing it any further allocations. If they did this a few times, the problem would stop.
this will make the problem worse, less allotment, higher mark up by said dealer. before you say, “give the cars to dealers that sell at MSRP”, you are naive to think prices will come down when they control the whole supply.
Hey GM – what happened to Free Enterprise??
Maybe GM should go after their own dealers who charge rediculess market ups. If the dealer can charge over MSRP, it’s none of GM’ s business what a private owner does with their car after purchase.
The solution to the “mark ups” is on us if you refuse to pay any extra charges it’s game over for the the dealers doing the mark ups
I waited a year plus to buy my 2020 C8 but I paid MSRP
I recognize that the game is different today before we had to wait because there were no cars now the dealers are holding on to the cars however there are a few dealers in the north east selling for MSRP it will take a few clicks on the computer and that’s the end of all that nonsense
As a dealer I will sell a hot, demand exceeding supply product to a local buyer for MSRP, but anybody outside my area is going to pay over, the market price. I’m looking to build long term sales and service relationships, not just a quick huge profit. The only reason that a buyer is coming from outside my area is because their local dealer is going to sell for over MSRP, in other words the full value of what the market will bear. Theses buyers are highly unlikely to come back and buy something more from me, including service, or any other product, or refer future business to me so that’s not potential for a long term customer relationship and they lay market price.
Maybe mimic the Academy of Motion Pictures Sciences and have a SIGNED contract stating the Oscar/C8 is NEVER allowed to be sold and remains the property of the Academy or recipient / recipient’s estate for EVER?
At least it would put dent in the sale of caskets!
I will not sell my Z06 in 6 months or even 2 years. Please just build it in the next 5 months. My dealer says it will be.
Why not just make the Vett lease only for the first 1-2 years in which your only option is to return it dealership to sell it at what you paid or less.
Yall do realize GM doesnt own the Dealerships and MSRP is general long as the MSRP wording is there its Dealers go to PERIOD
This is GM allowing dealers to overcharge, but not “flippers”. If GM made more, the overcharging and flipping would subside considerably. It’s ridiculous.
I do realize that GM does not own the dealerships and that it is a Manufacturer’s SUGGESTED Retail Price. With that being said, if the market will bare a $50k premium, maybe GM should raise the price of the Vette and the MSRP by $50k and keep the profit themselves instead of the dealers or flippers. Don’t like that option? How about they follow the Tesla model and get rid of dealerships all together? If certain states don’t allow that, GM can lobby the government and get these ridiculous laws changed so the end consumer can quit getting screwed by either greedy dealers or greedy flippers.
I agree GM should follow the Tesla model. Go online or to the store front. Configure your vehicle, place your deposit, order the vehicle, when delivered pay the balance. Simple and easy. Don’t have to deal with dealerships or markups.
Long ago, GM was known for being the ‘Mark of Excellence”. With this new mindset of GM permitting the dealers to be outright thieves and then penalize current owner and non-dealer buyers brings GM more inline with “GM mark of Exlax”.
I recently purchased a loaded 2023 Z51/3LT/70th anniversary Corvette. I bought this like new Corvette used with only 850 miles on it. The dealer I purchased the Corvette originally had a put a $20k premium on this used car. So of course I declined to even considering buying this used, previously registered car. Two weeks later the the salesman who I originally worked with on this car called me to announce the $20k premium was removed and to come back and make a deal. I decided to look into buying this Vette anyway. I still had to pay sticker price of $98k plus a mark up of $6k. because they claimed this car had gone up in value to between $104k to $107k. Needless to say I stepped up and bought the car anyway.
If there is a big demand why not build more cars?
>>If there is a big demand why not build more cars?
Perhaps because a new factory and trained labor force costs billions of dollars and GM makes no more than 10 thousand per car – and there is not a market for additional 100s of thousands of Corvettes?
But the $50k and $100k my local dealer has a few Z06’s for sale is ok? Dealerships are essentially franchises under the Chevy/GM company, they have to follow other rules but the huge markups are ok?
I appreciate GM trying to keep the price of the Corvette “low” (at least compared to other high performance sports cars) but they need to try and keep the dealers from marking up the price of cars like they are doing to consumers. What if GM sold vehicles to the dealers at different prices depending on the prices the dealers ultimately charged consumers? If they sell at MSRP they buy at base. If they sell for a premium they buy for base + 10% or more. This would allow for dealers not charging markups to buy for less and sell for less ultimately getting more business. If you want to charge higher prices your cost is more and you can’t compete as easily. The ones selling at MSRP would move more units and get more allocations.
Will GM put this policy in place for the E-Ray, ZR1 and Zora? I guess we will have to wait and see.
The issue I have with this policy is how can GM gets away with penalizing me for selling the car before 6 months? There are many legitimate reasons a person might have to sell it. Health issues, lost their job, person died, etc…..GM has more important issues they need to worry about, like increasing Corvette production to meet the consumer backlog than a person selling a vehicle in less than six months. Period.
You don’t have to make 100,000 more, you just have to make a few thousand. And shout it from the roof tops. When the masses understand supply is plentiful, the balloon pops.
I understand gm can’t regulate their dealers. But they most certainly can have a hot line to report dealer actions and simply stop shipping them units. And publish a web site naming and shaming them so everyone can see.
Oh sure the dealer will sue, but it’ll take months for courts to get around to discovery and injunctions and all that. And gm can “lose” the transport bill of lading and all kinds of stuff and squash the dealer like the insect they are.
Plus there should already be language in the dealership agreement relating to morals, business practices and damaging the brand and reputation of GM.
A dealer next door wasn’t selling enough Camaros and corvettes. GM revoked their dealership and 15 rigs showed up one morning and loaded every stinking vehicle and took them away. One day they had cars, next day zero. That’s how you play this game.
The requirements state that if a new 2024 Corvette Z06 owner decides to sell or otherwise transfer ownership of their vehicle within six months of taking delivery, they will be ineligible to make a vehicle reservation or place a sold order with a dealer for future high-demand models, as identified by GM. That includes future Chevy Corvettes, as well as non-Corvette models. In addition, the 2024 Corvette Z06’s bumper-to-bumper, powertrain, sheet metal, tire, and accessory coverages under GM’s new vehicle limited warranty will be voided.
This is to stop flipping , which is fine since flipper inflate the market all the time . All that can be asked that custom orders must not be sold over msrp. For flipper just wait the 6MO then flip it .
GM does not have the legal authority to set dealer pricing. Period.
Gm left their dealerships charge ungodly prices for all their vehicles. To all the dealerships that tried to make their millions during COVID. As a GM customer. I remember who you are and you will never hear from me again. I can see their point to some extent but they should have started at the dealerships that made the huge markups on the new vehicles. I have 2 preferred dealerships that I have dealt with this past summer. They treated me right and they will be seeing me again.
The 2 Z06s at my dealership have been there for over a week already, sitting on their showroom floor with a $50k markup, $200k!
Be sure you study FTC law before blaming an auto maker. Maybe you should move to a non democracy country. BTW, ADM has been going on for decades in not only the “big 3”, but with nearly all automotive branded Hot cars from Europe to Asia.
We don’t live in a democracy, the US is a democratic republic, very, very different! I don’t care what dealers do, they can sit on their lots/showrooms for months for all I care!
If the Z06 is worth a lot more money when flipped, GM should just raise the MSRP and leave the warranty in place. Another option could be to force the Z06 flipper to drive a Ford Pinto for the rest of their life.
First, GM copies Ferrari’s design philosophy and then slaps a Corvette badge on it. Now, GM is attempting to mimic Ferrari’s laughable attempts at authoritarianism towards owners by telling them what to do with property that has been paid for by its customers. GM, do yourselves and the world a favor and get over yourselves. The car was paid for, you don’t have any right to tell anyone what to do with it…
Exactly the same as last year, and it didn’t seem to stop flipping at all. The warranty blockhurts the 2nd owner, not the flipper. GM has to do better.
GM is allowing their dealers to “flip” the Z06! They get the cars for dealer cost and then add huge ADM (ADDITIONAL DEALER MARK UP) to the MSRP. Most add 50K or more and a scalping their customers. They do it for the base cars as well. The dealers get away with it a GM says NOTHING. It’s time for GM to eliminate this greed driven process!
GM as a company has decided to cut production of all vehicles solely so dealers can do Market Adjustments price increases on the vehicles on their lots. Because covid caused dealers to lose money and whined to corporate in shareholders meetings it was decided to allow thinning inventory so markups could be done by dealerships. They knew as people went back to work they would need new vehicles. And Biden s administration wouldn’t do anything as usual during their time in office.. so screw the consumers who have no choices. But, banks are now tired of the repossession rates which have skyrocketed. Now banks are tightening up who can get a $60+k loan because of defaults.
Don’t pay over MSRP and they won’t charge more than it!
So dealers basically instead of selling them for 200K-220k can sell them 250K plus … penalize the buyer so basically all the money stays in house….
It’s a Chevy not a Ferrari I wonder how long it will be before there is rules governing the toaster I buy
Corvette lost my business forever due to dealer markup.
Inatead, I built a fully loaded Mustang GT for 70k that will be made in September and I am paying MSRP!
I have been a corvette owner since the C3, C4, C5, C6,C7 and now a C8 2020 with in first 100. I am done with the brand/GM. I like to do good business while they want to make money. Last year my company purchased 5 vehicles from GM. Next vehicle i purchase will not be a GM. The only way to show big business is to NOT use their products. Wish them luck but I can not be a part of this type of business.
GM is penalizing its customers but is letting its dealers run wild.. i have been on a wait list well over a year. I could buy a z06 now for $100,000 over sticker from many dealers. I am about done with GM after this whole ordeal. I quit buying from a dealer that I bought 2 to 4 vehicles a year over this mess.
GM and their dealerships are pricing people out of the Corvette market. My first Corvette was a C4 1989 model and my second Corvette is C7 2014 model. Both were used cars. I can’t afford a C8 because of what GM / Dealerships are doing. I WILL NEVER buy a vehicle at MSRP or above. Car manufactures and dealers are screwing the public. Payback will be hell for car manufactures and dealers.
For the ‘special’ Corvettes the solution already exists as Ford and Ferrari have basically perfected it. 1. Contract states you can’t sell for 2 years and if you have to for some reason the dealer gets first right of refusal. 2. If you flip it, you get banned from future purchases of in-demand cars and you get sued for breach of contract. 3. Allocation priority goes to current Corvette/Cadillac owners. Done. Another good solution to deal with market value over MSRP would be to auction allocations every drop. They could divide the excess between the delivering dealer, the Corvette Museum and GM. If it’s gonna happen I’d rather GM and the dealer get the overages rather than some self imposed middleman flipper who took a car away from somebody who actually wanted it just to enrich themselves without actually providing a service beyond vampirism.
Here’s a thought, how about you just let people do what they want and stay out of their business?
No one forces anyone to buy an item at an inflated price
People do what they want to do 🙄🤷♂️
If any of these buyer terms aren’t being equally applied to all GM purchases, it would add fuel to a class action law suit. Manufacturers have no authority or rights over products once sold, other than voiding standard warranty coverage for neglect/incompetence/abuse. Agreeing to their terms covers them in the short term, but doesn’t preclude litigation unless you also agree to not litigate. In which case you are literally being extorted of your basic ownership rights. There is ample statutory/case law on loss of ownership rights by forced means. Just have to organize and find the right law firm to tackle the issue. Not to mention fund the pursuit. State and Federal AGs would be the best option.
No one ever complains when they go to buy a car unless demand and they get 5000 off the MSRP. When I dealer get a high value car they get a very limited allocation and now they can make what they want. That’s probably 1000/1 ratio.
The thing that irks me is this is no different than having to buy scalped tickets to a Taylor Swift concert. People who really are fans and want to enjoy the vehicle aren’t able to get their hands on one at what is a relatively good price for such a high-performance vehicle as a Z06.
It would be great in a perfect world if all products were priced at a reasonable markup that was disclosed, and everybody paid it regardless.
The dealer compensation is very complicated and includes hold backs points on financing charging whatever they can get for back office services like wheel, insurance, and Vin number window, engraving, etc.
Precedent: the 2016 Ford GT restrictions, and flippers were actually prosecuted by Ford. What kind of performance? Insane? INSANE performance ON city streets populated by soccer mom vans full of kids, and school children walking from school? In a car with only limited front visibility and NO/NO rear visibility? With Very limited safety features compared to current mass produced cars from companies who actually care about driver and vehicle safety? That would have extreme difficulty carrying a couple bags of groceries home? I’ve kept my 450 Ft lbs of torque AT idle vette between the painted lines for six years, with full visibility 360 degrees with the top down, grocery gettin in the real (not exhaust heated) trunk; so downgrading into this GM handicapped by design new model, with only 20 more horsepower, still elicits a “We was robbed of a true improved vette!” from guys who remember the failed X1/9, failed MR2, and failed Fiero of our salad days. Let the boy racers (and their families) live with this stinker day in/day out for years and see how market prices roll downhill like a snowball headed for a hot spot.
Dealerships are going to end up like the independent woman they start out in high demand then when no one’s buying then like the independent women they start losing customers they have mark down. Their entitlement. GM you get the drift
How about GM preventing dealerships adding an arbitrary “market adjustment” to the MSRP! My allocation to order a 2023 Z06 and in the conversation about the specifications, the salesperson said “oh it’ll be $10,000 over MSRP”. That’s gouging the customer. They lost a customer that day.
It’s funny how G M IS MAKING THESE RULES ABOUT YOU SELLING YOUR CAR before 6 months why didn’t they tell the dealerships that can’t. Mark up the prices of all C8 MODELS OR TRIMS the first 6 months that way every body might been able to get a NEW C 8 at $55.000 LIKE TADGE JUECHTER SAID IT WOULD BE YOU MEAN TO TELL ME THE CEO BOSS MARY BARRA CANT TELL DEALERSHIPS IF YOU SELL 1 C8 model or trim a penny over your dealership will not get any c8 for a year and when you do get them back you are not allowed to mark them up for a year all the the people were surprised at the price but that gave the dealers time to mark up prices before they even got any vetted on the lot my question is HOW IN THE HELL YOU CAN MARK UP PRICES ON PRODUCTS YOU DONT EVEN HAVE YET MISS MARY BARRA DID YALL KNOW DEALERSHIPS WERE HIDING CARS AT UNDER GROUND HOTEL GARAGES on cargo ships. And at abandoned Vegas & Atlantic city, hotels AND PUTTING UP SIGNS SAYING restricted area and had over 3 & 7 thousand cars & trucks being hidden telling us they can’t get parts So how is it you can’t get parts for a vehicle you don’t have or made yet in the mean time prices are going up. Parts they claim you don’t have and for some strange reasons they didn’t have any of the parts at $55.000 the price TADGE SAID BUT NOW GM IS GETTING ALL THEIR PARTS THEY NEED AT $105.000 A $50.000 Mark up oh by the way THESE ARE NOT EVEN MARK UPS ON A ZO6
Why DIDNT GM PUT THAT SAME ENERGY AT DEALERS FOR HIGH ASS MARK UPS I BET IN ORDER FOR ME TO SELL MY C8 in the first 6 months I had to give GM at least 3% of my sell I bet they wouldn’t have problem with my first 6 month then would they with all the mark ups do you really think GM is putting a stop to it saying what the dealership sells it for we can’t control it Wait wait wait so they saying they can’t control dealers that’s selling their products but they can control peoples who are buying their products for 6months if believe that THEN I WILL SHOW YOU A CHECK. MICHEAL JACKSON PAID ME FOR WRITING. BILLIE JEAN. & BEAT IT FOR HIM MISS MARY BARRA STOP SCAMMING OF THE CONSUMERS
IM GONNA MAKE A VERY SERIOUS POINT WHEN TADGE INTRODUCED THE C8 in 2020 he SAID THE CAR WAS $55.000 right But TADGE & MARY BARRA ALLOWED DEALERS TO SELL IT FOR $100.000 But SAY THEY CANT DO ANYTHING BUT THE POINT IS TADGE & Mary knows that C8 is not WORTH NO $100.000 because if it was they would had put it on the market for $100.000 not $55.000 makes sense now don’t it
The only thing this accomplishes is impacting dealer sales. Private owners selling cars impacting dealer sales. Has nothing to do with consumer MSRP protection .
Except all manufacturer incentives are reimbursed correct? So dealers only pay for their inventory issues or mis management. Also… I’m sure you are very deep in GM so you know how much money dealerships make holding partial rebates back in the sales process and adding it to the gross. It’s a boon
My college roommate and friend is a Chevy dealer. He agreed to sell me a Z06 for MSRP + $5K. Hoping for delivery in early 2024. I now realize what a bargain I am getting. I will not be reselling it.
Well, the good news. I found a dealer selling the Z06 at MSRP. The bad news. There’s a four (4) year wait.