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Corvette
C8 Forum
Flipping your C8
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<blockquote data-quote="Rruuff Day" data-source="post: 243329" data-attributes="member: 2217"><p>[ATTACH=full]80765[/ATTACH]</p><p></p><p>Dropped in to my dealer for an oil change on my Vette yesterday and my buddy took me back to look at the red mist HTC they were doing the pre delivery on. He has a ceramic and a white on on the way that will go up for sale on the floor as well. I indicated that none of our guys will consider $30k over and he totally understood. In partial defense of the dealers that are selling their C8 in stock cars over MSRP, he enlightened me on a couple of items.</p><p>They started out sticking to MSRP most of the way through the inaugural year but had some problems. Five MSRP sales were immediately flipped into the US for mega bucks profit. The big no-no flag went up from GM and they were immediately penalized five of their upcoming allocations for 2021. I mentioned the paper that some dealers make you sign regarding flipping your car to the US before some period of time and mileage and he promptly told me a sheet of Charmin A$$ wipe carried more authority than that did. A GM ban on the flipper does go into effect though and good luck ever buying another new GM vehicle anywhere (They may sell you a Spark if you beg). In short he concluded that these are the crooks that ruined MSRP on C8's at many places but it's the dealers that are called the A holes. It was losing the five allocations that pissed him off the most.</p><p>To a degree, I can see his point but I still informed him that $30 over is a hard pill to swallow. Obviously it doesn't affect their sales as that red mist HTC above sold at $30 over and he already has people calling on the other two in transit. Until supply catches up with demand, it doesn't appear that will change so if your dealer is sticking to MSRP on their own C8's, good on them but I'm guessing that all of those cancelled after ordered cars go straight to the showroom floor and MSRP on those disappears instantly. There's the explanation of why cancelled orders seldom moves buyers up in the queue.</p></blockquote><p></p>
[QUOTE="Rruuff Day, post: 243329, member: 2217"] [ATTACH type="full" width="411px"]80765[/ATTACH] Dropped in to my dealer for an oil change on my Vette yesterday and my buddy took me back to look at the red mist HTC they were doing the pre delivery on. He has a ceramic and a white on on the way that will go up for sale on the floor as well. I indicated that none of our guys will consider $30k over and he totally understood. In partial defense of the dealers that are selling their C8 in stock cars over MSRP, he enlightened me on a couple of items. They started out sticking to MSRP most of the way through the inaugural year but had some problems. Five MSRP sales were immediately flipped into the US for mega bucks profit. The big no-no flag went up from GM and they were immediately penalized five of their upcoming allocations for 2021. I mentioned the paper that some dealers make you sign regarding flipping your car to the US before some period of time and mileage and he promptly told me a sheet of Charmin A$$ wipe carried more authority than that did. A GM ban on the flipper does go into effect though and good luck ever buying another new GM vehicle anywhere (They may sell you a Spark if you beg). In short he concluded that these are the crooks that ruined MSRP on C8's at many places but it's the dealers that are called the A holes. It was losing the five allocations that pissed him off the most. To a degree, I can see his point but I still informed him that $30 over is a hard pill to swallow. Obviously it doesn't affect their sales as that red mist HTC above sold at $30 over and he already has people calling on the other two in transit. Until supply catches up with demand, it doesn't appear that will change so if your dealer is sticking to MSRP on their own C8's, good on them but I'm guessing that all of those cancelled after ordered cars go straight to the showroom floor and MSRP on those disappears instantly. There's the explanation of why cancelled orders seldom moves buyers up in the queue. [/QUOTE]
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