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Corvette Today: Corvette News & Headlines, Early October 2023

The automotive industry is going through a tumultuous time right now with the United Auto Workers striking the Big 3 automakers. Your CORVETTE TODAY host, Steve Garrett, teams up again with Keith Cornett from CorvetteBlogger to bring you the most up-to-date information in the world of Corvette.;

Besides the UAW strike, here are some of the other Corvette topics that Steve and Keith will discuss:

1. 2024 Corvette production started on Monday, September 18th

2. Two ZR1 prototypes are spotted in Colorado with no wheel coverings and no exhaust sounds

3. A C3 Corvette gets a "Mako-over" into a Mako Shark II

4. A C8 Z06 falls off a lift at a dealership

5. A 2023 70th Anniversary Z06 sells at Mecum for $247,500

6. A Chevy Silverado rolls over a C8 Corvette....ON PURPOSE!

Every other week, CORVETTE TODAY brings you the latest news in the world of Corvette to keep you informed on what's happening with America's Sports Car!
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2024 & 2023 Corvette Info Including E-Ray, SR & Z06 Pricing, SR & Z06 Visualizers, 70th Anniversary Info, Press Releases for SR & Z06 & Their Build & Price, Order Guides & Visualizers

2024 Order Guide Here:
2023 Corvette Brochure:
E-Ray Visualizer:
Official E-Ray Press Release: https://www.midenginecorvetteforum.c...-press-release
Official GM E-Ray Pictures: https://www.midenginecorvetteforum.c...and-visualizer
+ 25 KEY E-Ray Components/Factors:
E-Ray Leaked Info/Visualizer: https://www.midenginecorvetteforum.c...tte-e-ray-leak
Z51 & Z06 GM Track Specs: https://www.midenginecorvetteforum.c...ecommendations
Z06 Order Guide:
Z06 MSRP and Options Pricing: https://www.midenginecorvetteforum.c...freight-charge
2023 SR Build & Price: https://www.midenginecorvetteforum.c...up-and-running
*2023 SR & Z06 Official Owners Manual:; and,
* 2023 GM Bash Major Seminar with HQ video: https://www.midenginecorvetteforum.c...ore-bash-video
*2023 Stingray Visualizer:
*2023 Stingray (ONLY Order Guide:
*70th Anniversary Combined Press Release For SR & Z06: https://www.midenginecorvetteforum.c...iversary-model
*Z06 Press Release: https://www.midenginecorvetteforum.c...-press-release
*Z06 Reveal Pictures: https://www.midenginecorvetteforum.c...eveal-pictures
*Z06 Visualizer:
Order Guide (unofficial): https://www.midenginecorvetteforum.c...-action-center
*Z06 vs Z07 Aero Components: https://www.midenginecorvetteforum.c...s-similarities
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Ridiculous mark ups!

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  • Ridiculous mark ups!

    The whole “dealer addendum” thing is getting ridiculous with some cars. I can’t imagine what is going to happen once these cars hit lots and people who can’t wait start to make crazy offers.

    I honestly think that the biggest markups will come from people flipping their cars. It will be very tempting to some people to flip their car for double the price if they get theirs in early January. Will any dealers or Chevy force people to keep their cars for a certain amount of time like Ford did with the GT?

    let me be clear. I am not promoting this at all. I will keep my spot no matter what because I really want this car for myself. However, I also realize that there will be cases where dealers mark them up like this or people flip them. It always happens.

    Look at this Supra ad. Over $231,000 for a Supra?
    Click image for larger version  Name:	BB047CFF-5802-4F50-B290-CB1AB74A172A.jpeg Views:	2 Size:	734.2 KB ID:	54057

  • #2
    Who pays $200+k for the Supra!? You can nearly get two C7 ZR1s for that

    For the C8 I saw offerings at MSRP at multiple dealers. So I guess markups on C8s will not as crazy as on e.g. the GT500.
    2023 C8 Stingray | Elkhart Lake Blue | 2LT | Coupe | European Model


    • #3
      Originally posted by Ace
      Who pays $200+k for the Supra!? You can nearly get two C7 ZR1s for that

      For the C8 I saw offerings at MSRP at multiple dealers. So I guess markups on C8s will not as crazy as on e.g. the GT500.
      The markups will come from buyers flipping them right away.


      • #4
        Originally posted by mpgxsvcd

        The markups will come from buyers flipping them right away.
        And they are a silly person if you're buying a mass produced car that is already titled for more than MSRP.


        • #5
          I am reminded of the 1978 Corvette Indy Pace Car, Supposed to be a limited edition. Some people bought them with the intention of flipping them, and some second buyers thought they could buy a flipped car for $25K (double the MSRP) and flip them again for $50K.

          Then, it turned out that the "limited edition" was that Chevrolet was only going to make one for each Chevy dealer. And there were over 6,000 Chevy dealers.
          2022 HTC 2LT Z51
          Front lift, mag ride
          black exterior, adrenaline red interior, bright red calipers, MRR F10 wheels


          • #6
            I too know someone who paid a ridiculous overage for a 1978 Pace Car, kept in in a “bubble” for years, and in the end, started to drive it. Lost his *** financially on the car. I know someone who had the same plan on a 2018 Camaro drag race car (that we made 69 of). He lost money too (was expecting to flip it in a month and have that transaction net him enough to buy a super car transporting trailer. Picture thanks to CNET/Roadshow.

            Click image for larger version

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            I have a very consistent theme in my life regarding vehicle purchases. Buy HIGH, and sell LOW — though I enjoy driving everything I own. Though a few I keep for 25+ years and those work out fine, e.g., my brand new 1992 GMC K3500 with a 454 and the very last manual trans full sized truck GM ever sold, still have it as our “farm truck” with its 55,000 miles. I paid $22,444 for it. Still works great, though it does smell mouselike inside.
            2023 Z06: Elkhart Lake Blue, 2-tone blue interior, HTC, Standard Z06 with Z07 aero pkg, CCB’s, 3LZ, E60, every visible carbon fiber option including wheels, Jake Design Pkg. Lifetime, annual contributors, and 25 year NCM members. Home is the beautiful Pacific Northwest.


            • #7
              That's a deal, you could tell everyone you know you just bought a rebadged car with an inline 6 cylinder for a quarter million dollars. You also would get an award for being the stupidest person God allowed to breathe. Um, it's aToyota, about as collectible as what I just put in the toilet.


              • #8
                I remember seeing a 78 Pace car at Road America parked in the Corvette Corral and when I looked in it showed 13 miles on it. I guess he lived at the track.


                • #9
                  It did cross my mind to order two and flip one
                  Torch red 1LT, no options. Built June 4, received July 2


                  • #10
                    Fir kicks I stopped by a nearby toyota dealer and the car is weirdly sort of reminds me of the second gen z4 M couoe..

                    the dealership personal first told me after calling me 4 times to come in and look...that when I got there the receptionist proudly told memthe car was sold...i looked at her and smiled and said thats ok...meanwhile the sales manger who walked me down to the service bay...that the previous gentleman who called and said he was buying backed out...

                    the hype is big...the reality will be less so in my opinion...

                    the one I saw was a launch edition at 58300 dollars seemed like a nice value...the roof is kind of too low...for ingress and egress..

                    the styling is kind of weird....their red paint is a muted red...which believe it or nit Im not really a fan of...

                    nomtargno targa roof is also a deal killer..

                    i would highly suggest an under 60 grand standard no option c8 way before this supra...

                    hopefully ithe supra sells well as its good for the two seat sports car market...

                    even at the base fifty or 55 grand depending on the option group chosen...

                    the attributes of the standard c8 no option vehilce not to mention in my opinion comparing bmw out of warranty parts durability...the c8 would reign supreme...

                    id imagine for a couple of hundred dollars standard c8 owners will eventually opt for z51 sway bars like theyndidnon previous generation corvettes for a nice balance of added performance and minimal costs...


                    • #11
                      So me being me, I went to their site and got onto their chat. This is what I posted:

                      Wanted you to be aware of this horribly embarrassing typo on the the price. $231,436 for a Toyota certainly made me laugh, but thought you should know so it can be corrected.

                      She said she would bring it to the teams attention.


                      • #12
                        For the small dealerships they do have to fork over extra money and personnel to be able to sell the C8. Tools and training no Fee lunch
                        Last edited by MikeC8; 07-31-2019, 04:23 PM.
                        2023 HTC. Black/ black …. Delivery date.4/24/23 🤛


                        • #13
                          Originally posted by MikeC8
                          For the small dealerships they do have to fork over extra money and personnel to be able to sell the C8. Tools and training no Fee launch
                          To be fair, GM has been closing one lift mom and pop Chevy stores for some time, in addition to that the small stores never had allocation for Corvette, much less wanted to sell them. They were fine ordering pickup trucks. Any Chevy store that sells Corvette today can afford to do so. Cost of doing business.


                          • #14
                            New Supras on Autotempest show from $70k - $85k. Obviously that's a typo. Probably 17k add-on bring to price to $75.

                            Still a stupid price for that.
                            2020 C8 Corvette.D.O.B 2/03/2020
                            Shadow Grey Metallic on Black
                            2LT, Z51 + MRC. GT1 seats.
                            Spectra Grey Tridents.
                            Carbon flash mirrors and spoiler.


                            • #15
                              Originally posted by Bikerjulio
                              New Supras on Autotempest show from $70k - $85k. Obviously that's a typo. Probably 17k add-on bring to price to $75.

                              Still a stupid price for that.
                              $70k-$85k sounds about right for what some people are paying for them. There are youtubers that were saying things like “No way I am paying $30k over sticker. I got a great deal and only paid $10k over list”.

                              I really hope that these people understand that BMW sells a very similar car for WAY under list and that car is a convertible.

                              The resale values of these cars will plummet next year. People will be losing $30k-$40k in the first year. That is just absolutely crazy. However, there are some car youtubers making $30k a month off YouTube so that is actually even crazier.