40 Corvettes Available.

ScottyR

ScottyR

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I have zero affiliation to this dealership but this came up on my IG feed last night.

Looks like these guys are wanting to get into the Corvette business pretty heavily to commit to 40 units in todays market.
 

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Website only shows 19 in stock. Winter is coming fast. That will slow Corvette sales. Especially staying that close to MSRP
 
Rruuff Day said:
Website only shows 19 in stock. Winter is coming fast. That will slow Corvette sales. Especially staying that close to MSRP
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Would not be surprised to see the prices drop somewhat as the snow piles up. I just got an email offering a 2024 Denali 3500 with an MSRP of $115,262 selling for, drum roll…..$63,789 + GST . Desperation it would seem. So it would seem that the profit margin at MSRP , at least on that unit, is substantial.
 
Count on it sir! What about those cars in the Classified Section, price is dictating consumer behavior. They will need to be discounted another $5000 or possibly more to sell especially when still sitting around in the New Year. The $4000 GM money announced last week was expected, unfortunately it falls short and will not be enough especially for dealers with E-rays.
 
1st Vette said:
Would not be surprised to see the prices drop somewhat as the snow piles up. I just got an email offering a 2024 Denali 3500 with an MSRP of $115,262 selling for, drum roll…..$63,789 + GST . Desperation it would seem. So it would seem that the profit margin at MSRP , at least on that unit, is substantial.
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A 55% depreciation inside the same calendar year is insane. That is usually what you see in year 3 or 4.
 
TCinthe6 said:
A 55% depreciation inside the same calendar year is insane. That is usually what you see in year 3 or 4.
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I have absolutely no use for a vehicle of that type but a deal like that kind of makes me want to buy it anyway, lol . Think of the poor sot that bought one close to MSRP 6 months ago. Owch.
 
1st Vette said:
Would not be surprised to see the prices drop somewhat as the snow piles up. I just got an email offering a 2024 Denali 3500 with an MSRP of $115,262 selling for, drum roll…..$63,789 + GST . Desperation it would seem. So it would seem that the profit margin at MSRP , at least on that unit, is substantial.
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IMG_3287.jpeg
 
1st Vette said:
Would not be surprised to see the prices drop somewhat as the snow piles up. I just got an email offering a 2024 Denali 3500 with an MSRP of $115,262 selling for, drum roll…..$63,789 + GST . Desperation it would seem. So it would seem that the profit margin at MSRP , at least on that unit, is substantial.
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Where is this truck? I will buy it today. Please PM me.
 
ScottyR said:
No. If you can prove it was 1 time typo there will be no issues with the regulatory offices.
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I'm not sure if it's only with cars or "advertised prices", but in stores if there are 2 prices on a product they have to sell that product for the lowest price. If you know otherwise please tell me, but I'm pretty sure that is law. Same with a any price on a product.

Edit:

Sale above advertised price

Section 74.05 of the Competition Act prohibits the sale or rent of a product at a price higher than its advertised price.
competition-bureau.canada.ca competition-bureau.canada.ca
 
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Murray20c8 said:
I'm not sure if it's only with cars or "advertised prices", but in stores if there are 2 prices on a product they have to sell that product for the lowest price. If you know otherwise please tell me, but I'm pretty sure that is law. Same with a any price on a product.

Edit:

Sale above advertised price

Section 74.05 of the Competition Act prohibits the sale or rent of a product at a price higher than its advertised price.
competition-bureau.canada.ca competition-bureau.canada.ca
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In Canada, businesses are not legally obligated to sell a product at a mistakenly low price. The Competition Act allows for price errors, especially if the retailer corrects the error promptly. Retailers often follow the Scanner Price Accuracy Code, which encourages accurate pricing but does not mandate sale at incorrect prices. If a pricing error is identified, retailers can post notices and are encouraged to correct the error rather than fulfill the sale at the incorrect price.
Canadian courts generally view mistaken pricing as a contractual error rather than a deceptive practice, allowing businesses to refuse to honor incorrect prices. In cases like Faucher v. Costco and Comtois v. Vacances Sunwing, courts upheld merchants’ rights to cancel orders due to pricing errors, especially when clear disclaimers were present on their websites. The courts assess whether the error was “inexcusable,” considering factors like gross negligence or the clarity of the pricing error. Ultimately, businesses are not legally bound to sell at erroneous prices if they act in good faith to correct the mistake.
 

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