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Corvette
C7 Forum
The Canadian C7 buying experience
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<blockquote data-quote="ojamali" data-source="post: 73498" data-attributes="member: 2023"><p>I had a short meeting with the GM Canada executives yesterday and confronted them with afew of the concerns brought forward here.</p><p></p><p>I asked them specifically about why Canada is not getting more C7's for 2015 since we have strong demand here. Their answer was simple. BG looked at the percentage of C7's shipped to Canada over the last 10 years and every year till 2014 Canada has only ordered about 3% of the actually units produced. Based on that BG has commited to send 3% of their production to Canada for 2014's and 2015's.</p><p></p><p>I checked the actual numbers and looks like they are right about this. Over the last 10 years GM Canada sold between 1.75% to 3.8% of the Corvettes. The only way Canada may get more than their share for 2015 is if:</p><p></p><p>1. BG Production allows it</p><p>2. US dealers cancel orders (if they feel demand softening or if they have adequate supply on the floor)</p><p></p><p>Now I understand that many of the Canadian C7 buyers have always "dreamed" of buying a Corvette and they are upset with the current production numbers, however, the surge in Canadian orders over the last couple of years has been because:</p><p></p><p>1. in 2014 US dollar was at par with Canadian Loonie</p><p>2. A large number of "dreamers" who were financially able to, decided to realize their dream in a very short window because of the value and quality of the new Stingray. </p><p></p><p>Kinda like if everyone went to the bank and demanded to withdraw all their funds the banks will run out of cash very quickly and leave others screaming. Now if we had paced our dream fulfillment plans in line with previous years we wouldnt have to deal with the lack of supply we have right now. Fortunately the C7's are that good and continues to draw more people.</p><p></p><p>The good news is that while Canada is not getting any C7's from Jan-March this year, BG has been building them rapidly and stocking all dealership in US. If these C7's continue to pile up at the US dealers then chances are that they will start cancelling orders for retail units and Canadian dealers will only be too happy to grab them as additional allocations.</p><p></p><p>Keeping the above in mind if we were to get another 1200 C7's in Canada for the MY 2015 and 300 of these go to the vehicles who were carried forward from 2014 then really we have approximately 900 C7's coming to Canada as 2015. Choosing your dealership has never been more important if you want your 2015 C7.</p><p></p><p>At Gateway we have a good track record for fulfilling our C7 order and so we are not taking any more deposits for 2015's. If something changes and we get more allocations I will post it here. Some other dealers are still taking deposit with no allocations so do your research before handing over your deposit. I would rather get disappointed before placing a depsoit than having waited for a year while everyone else I know got their C7 and then being told im not getting mine.</p><p></p><p>Best of luck!</p></blockquote><p></p>
[QUOTE="ojamali, post: 73498, member: 2023"] I had a short meeting with the GM Canada executives yesterday and confronted them with afew of the concerns brought forward here. I asked them specifically about why Canada is not getting more C7's for 2015 since we have strong demand here. Their answer was simple. BG looked at the percentage of C7's shipped to Canada over the last 10 years and every year till 2014 Canada has only ordered about 3% of the actually units produced. Based on that BG has commited to send 3% of their production to Canada for 2014's and 2015's. I checked the actual numbers and looks like they are right about this. Over the last 10 years GM Canada sold between 1.75% to 3.8% of the Corvettes. The only way Canada may get more than their share for 2015 is if: 1. BG Production allows it 2. US dealers cancel orders (if they feel demand softening or if they have adequate supply on the floor) Now I understand that many of the Canadian C7 buyers have always "dreamed" of buying a Corvette and they are upset with the current production numbers, however, the surge in Canadian orders over the last couple of years has been because: 1. in 2014 US dollar was at par with Canadian Loonie 2. A large number of "dreamers" who were financially able to, decided to realize their dream in a very short window because of the value and quality of the new Stingray. Kinda like if everyone went to the bank and demanded to withdraw all their funds the banks will run out of cash very quickly and leave others screaming. Now if we had paced our dream fulfillment plans in line with previous years we wouldnt have to deal with the lack of supply we have right now. Fortunately the C7's are that good and continues to draw more people. The good news is that while Canada is not getting any C7's from Jan-March this year, BG has been building them rapidly and stocking all dealership in US. If these C7's continue to pile up at the US dealers then chances are that they will start cancelling orders for retail units and Canadian dealers will only be too happy to grab them as additional allocations. Keeping the above in mind if we were to get another 1200 C7's in Canada for the MY 2015 and 300 of these go to the vehicles who were carried forward from 2014 then really we have approximately 900 C7's coming to Canada as 2015. Choosing your dealership has never been more important if you want your 2015 C7. At Gateway we have a good track record for fulfilling our C7 order and so we are not taking any more deposits for 2015's. If something changes and we get more allocations I will post it here. Some other dealers are still taking deposit with no allocations so do your research before handing over your deposit. I would rather get disappointed before placing a depsoit than having waited for a year while everyone else I know got their C7 and then being told im not getting mine. Best of luck! [/QUOTE]
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C7 Forum
The Canadian C7 buying experience
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