By they, I was referring to GM Canada. They knew it was coming.
The idea that the new prices are out now, some dealers don't know yet, and the website still hasn't been updated... the entire thing just reads as incredibly sloppy.
Official Canadian Pricing-it's out!
- Thread starter Mr.Corvette
- Start date
By they, I was referring to GM Canada. They knew it was coming.
The idea that the new prices are out now, some dealers don't know yet, and the website still hasn't been updated... the entire thing just reads as incredibly sloppy.
DenisC8
Power User
They are giving until July 2026 (a long time) but it's delivery, not just ordered. The c8 was on my list after I was told I'd never get a zl1. But then after long delays with the c8, I am cautious in waiting for that out of fear of having to buy a Malibu last minute.
I ordered a trax and was expecting delivery in May...but those also got delayed. So I basically have many options. One of which include buying a trax for now and waiting out a couple years to buy "my" car. Which I have cross shopped the f type (I don't like how it drives), an lc500 (rare out here so never actually seen one let alone driven one) as well as a c8 (I drove one, and love the ride...smooth and I drove a z51 without mag ride).
My brain says buy a trax, i already have a fpace svr for fun. The trax will eventually be used by my kids who will be driving soon, etc. It's the responsible thing to do. My heart is conflicted lol.
It occured to me that GM Canada is no longer worried about how many Corvettes they will sell as European and Australian markets have now swallowed up a good chunk of Canadian allocations. That means they believe they can sell all of their allocations at any price. Sad really. It kind of erks me that GM itself refuses to allow the platform to be built at places other than Bowling Green. I'm sure they could sell twice the number of cars they are currently building. Demand is high overseas as well as in the U.S. and Canada. For whatever reason, they want to keep demand high and supply low.
Premium or luxury products follow the same logic ( control output to create rarity); makes just enough unavailable to drive prestige of having one.
Can’t blame them for trying, market will tell them if it supports it.
On one hand, it’s good to see that the Corvette name is now getting up with the other more « exclusive » names. It’s all good for our resale values long term.
Only one thing worries GM. Bottom line. Pretty much a reflection of all big business.
Yes, of course, but my point is their bottom line would go up if they sold more cars!
Yes, I am sure GM is always concerned about the 'bottom line'.
They need to be - they have shareholders to answer to.
That said, there is much more to consider than the 'bottom line' in successfully building, maintaining, and growing, an entity such as GM.
- Customer satisfaction
- Employee retention
- Unions
- Global environmental focus
- Currency fluctuations
- Real estate holdings
- Equipment
- Suppliers
- Safety
- blah, blah, blah.....
In the 'bigger picture', however, I feel GM has done alright for all involved, Corvette owners included.
Just saying.
DenisC8
Power User
I disagree, it’s always better to make more profit per unit than sell more cheaper units
And the bottom line is much better with building trucks and SUVs rather than a niche product
DenisC8
Power User
if I was in charge of GM I would have done the same thing and made sure that every country pays the same or more compared to domestic customers, then I would balance the price increase, allocations and wait times in particular country.
If I was GM or any car manufacturer, I would go the route of Tesla (which I don't even like) and do national lists for reservations and orders. Make it open and transparent and remove all the slimyness from dealerships and tacked on fees.
No, you can't disagree!
Quantity makes profit. Especially in a competitive market. If you sell your can of peas at a cheaper price than your competitor then you will likely sell more and hence make more profit. The more you make the more you sell. The more you sell the cheaper you can price your product.
100 cans of peas at $1 makes you $100
90 cans of peas at $1.10 makes you $99
Not only that but the more you can produce the cheaper it is to make your product because you buy in quantity. Cans become cheaper for your peas.
If I were GM I would be having lunch at Alléno Paris au Pavillon Ledoyen with my supermodel mistress and of course be following this CCF thread closely at the same time..... NOT....
