2020 Corvette

[69 JL-8]

Are the 2020 corvettes always going to be in strong demand? Any thoughts?

[the427king]

2022 base price went up 1200/ many options are up 10% even the destination is up 200 or so. New car prices will affect used imo. People want cars that look like they are worth 300k. This car checks all the boxes

[Pro Stock John]

Local dealer has one marked up 20K due to demand.

[the427king]

Pretty amazing that we are into the third production year and the cars are 20K over sticker still. !!

[Wakepowell]

My opinion is that the 2020 Corvette prices have no where to go than down. As mentioned people are paying inflated prices now do to economics and lack of inventory. These will both correct with time. Couple that with the upcoming release of the Z06 and ZR1 the base versions out today will be overshadowed.

[GM Powertrain]

A close friend's brother had a 2020 "Vette. Bought new, kept for a few months and put a few thousand miles on it. Just sold it and made $18,500 profit on it. Cash out now before the market drops.

[the427king]

They have been talking about allowing dealers to mark the cars up on new orders instead of selling at sticker.

[Lee Stewart]

They have been talking about allowing dealers to mark the cars up on new orders instead of selling at sticker.

Already being done with the new Ford Bronco. $10,000 to $15,000 dealer markups are now in. That includes if you ordered a car months ago.

[the427king]

I looked at 2021 shelby. Dealer wanted 20k over sticker to order. Dealers also ordered cars for the dealership and put on showroom floor fir 20k over.....chevrolet only allowed dealers to charge sticker price and did not allow dealer orders wo a buyer name on the car/ no new dealer cars ..kudos to chevy for that

[GearheadSS]

I looked at 2021 shelby. Dealer wanted 20k over sticker to order. Dealers also ordered cars for the dealership and put on showroom floor fir 20k over.....chevrolet only allowed dealers to charge sticker price and did not allow dealer orders wo a buyer name on the car/ no new dealer cars ..kudos to chevy for that

Yeah that's not true at all. I'm the Inventory Manager and Corvette Specialist at a Chevy dealer and there are plenty of dealers that ordered retail stock cars and had/have them marked up for over MSRP. GM can not control any dealership pricing. We are not selling over MSRP but there are A LOT that are.

[the427king]

Ive also heard that local dealers here buying for stock and marking up have lost some 2022 allotments over it, and gave those to the dealers selling at sticker . Im getting the info from the dealer its not my opinion. I purchased from Richard Chevrolet in Cheshire ,I never thought id say I had a stellar experience with a car dealership, but they were absolutely amazing in the entire process from order to delivery.

[fortim]

Not Corvette related but spoke to a friend who was looking for a new SUV. The local Caddy, Benz, Buick and Chevy dealers were all charging a mark-up to ORDER any new vehicle.

Ended up going with BMW, no M/U but did have to order the vehicle.

[Stefano]

Dealers are not bound to sell at MSRP plus or minus, but the manufacturer does control inventory allocations. Some public/private dealer groups have internal pricing policies.