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Corvette
C7 Forum
Dealerships selling way too high for used C7?
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<blockquote data-quote="Morgan" data-source="post: 191921" data-attributes="member: 5856"><p>Instead of replying to the last 4 posts individually I just am just gunna make a generic one. To start off, I sold my C7 in October via Auto Trader and I have a few observations to point out. Even though I am a salesman, selling your own car through private methods is A LOT harder. I spent 4 months going through an emotional roller coaster and took a lot of time that I could have been working on something else. In the end my 2LT went for 19k less than I bought it for. Thats 3 summers, 33,000km and A TON of great memories. This is in my honest opinion is a dream situation for anyone to try to achieve. C7`s are going for a fair amount still and have not tanked in value. 1LT/LZ are going for less. If you look at the dealerships that are still stuck with 2019 C7`s most of them are base models which means your competing against dealerships desperate to get rid of their inventory over just a couple of other Joe``s online. </p><p>On the topic of trade in values, I am happy to hear RC Mike was able to get 3k less than what they listed it for. That is a fair transaction IMO as there is a lot of costs and hands that that to feed off of that 3k margin. If you guys want a window into what some of those costs may be here it goes. On average we spend $400 a unit on marketing, to certify this vehicle its another $400, the service team will look for $150 to detail the vehicle, the salesman will be looking to take a portion of this small amount left and this is not a vehicle that you just hand the keys to and wave goodbye.. In a normal Corvette transaction I spend roughly 12-18 hours worth of total work from the point I meet you to the point I wave goodbye. Anyone adding this up will hopefully now realise how much of a value this is to avoid the stress of selling your corvette on your own and leave it to someone who does it for a living. </p><p>Not trying to get sappy with you folks but its an honour and a privilege for me to be able to call this a job buying and selling vette`s all day. I love having someone come in and work with me on their corvette dreams. When it comes to pricing that I give you on your trade or the Vette your looking at I don`t play games because I don`t have time for that crap. I am not in this to gouge and make off like a bandit but I know a lot of people are weary because of past experiences. Have faith in your dealer if they are giving you a good service that you are getting a good deal. Find a dealer that you can trust and MAKE SURE YOU HAVE FUN!!!! Your buying a vette not a work truck.</p><p></p><p>We just opened up a new feed where people can put in requests for a vehicle they are searching for. This is a valuable tool for me to utilise as I see a lot of Vette`s and struggle to always remember where I saw someone looking for a similar model. Having a centralised feed on CCF will help me greatly in referencing when I have a trade come in. Currently I have 2 Zo6 models and 5 inbound on trades when their C8`s arrive. I am eager to buy more vettes so if your looking to sell please contact me too even if your not looking to buy anything</p></blockquote><p></p>
[QUOTE="Morgan, post: 191921, member: 5856"] Instead of replying to the last 4 posts individually I just am just gunna make a generic one. To start off, I sold my C7 in October via Auto Trader and I have a few observations to point out. Even though I am a salesman, selling your own car through private methods is A LOT harder. I spent 4 months going through an emotional roller coaster and took a lot of time that I could have been working on something else. In the end my 2LT went for 19k less than I bought it for. Thats 3 summers, 33,000km and A TON of great memories. This is in my honest opinion is a dream situation for anyone to try to achieve. C7`s are going for a fair amount still and have not tanked in value. 1LT/LZ are going for less. If you look at the dealerships that are still stuck with 2019 C7`s most of them are base models which means your competing against dealerships desperate to get rid of their inventory over just a couple of other Joe``s online. On the topic of trade in values, I am happy to hear RC Mike was able to get 3k less than what they listed it for. That is a fair transaction IMO as there is a lot of costs and hands that that to feed off of that 3k margin. If you guys want a window into what some of those costs may be here it goes. On average we spend $400 a unit on marketing, to certify this vehicle its another $400, the service team will look for $150 to detail the vehicle, the salesman will be looking to take a portion of this small amount left and this is not a vehicle that you just hand the keys to and wave goodbye.. In a normal Corvette transaction I spend roughly 12-18 hours worth of total work from the point I meet you to the point I wave goodbye. Anyone adding this up will hopefully now realise how much of a value this is to avoid the stress of selling your corvette on your own and leave it to someone who does it for a living. Not trying to get sappy with you folks but its an honour and a privilege for me to be able to call this a job buying and selling vette`s all day. I love having someone come in and work with me on their corvette dreams. When it comes to pricing that I give you on your trade or the Vette your looking at I don`t play games because I don`t have time for that crap. I am not in this to gouge and make off like a bandit but I know a lot of people are weary because of past experiences. Have faith in your dealer if they are giving you a good service that you are getting a good deal. Find a dealer that you can trust and MAKE SURE YOU HAVE FUN!!!! Your buying a vette not a work truck. We just opened up a new feed where people can put in requests for a vehicle they are searching for. This is a valuable tool for me to utilise as I see a lot of Vette`s and struggle to always remember where I saw someone looking for a similar model. Having a centralised feed on CCF will help me greatly in referencing when I have a trade come in. Currently I have 2 Zo6 models and 5 inbound on trades when their C8`s arrive. I am eager to buy more vettes so if your looking to sell please contact me too even if your not looking to buy anything [/QUOTE]
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C7 Forum
Dealerships selling way too high for used C7?
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