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Forum Maintenance 10/4 from 5pm to 6pm Pacific Time

Scheduled maintenance period from 05:00 PM to 06:00 PM Pacific Time on Wednesday October 4th, 2023.
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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. https://youtu.be/N-JFEwaK2PQ?si=u3tepRnTgFEcCKAM; https://podcasts.adorilabs.com/corve...AyWJ7BnoEURVpA

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: https://www.gmfleetorderguide.com/NA...=22639&type=0#
2023 Corvette Brochure: https://www.chevrolet.com/content/da...D7Q0fp8nIEE57Y
E-Ray Visualizer: https://visualizer.chevrolet.com/ui?...US&channel=b2c
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: https://www.midenginecorvetteforum.c...rs-information
E-Ray Leaked Info/Visualizer: https://www.midenginecorvetteforum.c...tte-e-ray-leak
Z51 & Z06 GM Track Specs: https://www.midenginecorvetteforum.c...ecommendations
Z06 BUILD & PRICE: https://www.chevrolet.com/performanc...d-price/config
Z06 Order Guide: https://www.gmfleetorderguide.com/NA...D=22412&type=0
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: https://www.corvetteblogger.com/docs...ersManual.pdf; and,
https://www.midenginecorvetteforum.c...owner-s-manual
* 2023 GM Bash Major Seminar with HQ video: https://www.midenginecorvetteforum.c...ore-bash-video
*2023 Stingray Visualizer: https://visualizer.chevrolet.com/ui?...US&channel=b2c
* COPMPLETE 2023 STINGRAY PRICING: https://www.corvetteactioncenter.com...ion-Center.pdf
*2023 Stingray (ONLY Order Guide: https://www.gmfleetorderguide.com/NA...D=22412&type=0
*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: https://visualizer.chevrolet.com/ui?...US&channel=b2c
Order Guide (unofficial): https://www.midenginecorvetteforum.c...-action-center
*Z06 vs Z07 Aero Components: https://www.midenginecorvetteforum.c...s-similarities
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GM Supplier Discount

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  • GM Supplier Discount

    Curious if anyone thinks or knows if the GM Supplier Discount will be available on the 2020 C8 by the time they start being delivered (say next spring/summer).

    It's currently available on 2019 Stingray and Z06 and will save you a 3-4k off of MSRP on Stingray. The savings comes as a rebate or something directly from GM to the dealer, so I don't believe the dealer is actually losing anything (but if a dealer here can chime in on that process that would be helpful). Do any of the dealers here participate in that program in the past?

    There is a list of 2020 vehicles that are eligible but the C8 isn't on there yet. I'm thinking maybe because it is too new. Does anyone remember if 2014 Stingrays were on there when they were brand new?

    Thanks for the information
    2024 Amplify Orange HTC 1LT w/MSRC
    (Built 9/22; Waiting on Delivery)
    2023 X3 M40i
    2011 Audi R8
    2005 SL600
    1992 Suzuki Cappuccino

  • #2
    I would assume that even if GM makes it available, it doesn't guarantee that a dealer will accept it. So you'll need to ask the dealer where you intend to purchase.

    Comment


    • #3
      Doubt you will see any GM promotional discount programs applied to the C8 until at least the initial pent up demand is satisfied. On the C7, such a program became available in the latter half of 2014, and I bought my C7 with the discount. (2015 model, ordered September 2014, delivered late October 2014)
      2022 HTC 2LT Z51
      Front lift, mag ride
      black exterior, adrenaline red interior, bright red calipers, MRR F10 wheels

      Comment


      • #4
        I ordered mine early Aug 2014 with the discount and it seemed the dealer had been doing it for a while. That said it is late July and they just now launched the C8. Seems like the discount lagged dealers getting their pricing by a couple months.

        When the C7 was launched there was lots of excitement as well. The first one in CO was going for MSRP+$20,000. People were buying C7s from out of state and driving them back because their dealer either couldn’t get one or wanted a lot.

        Comment


        • #5
          As moderately sized dealership are already approaching their year’s total C8n allocations, why would a dealer grant someone a supplier discount when they would not need to. One specific dealer has already exceeded his roughly 25 total 12-month C8 allocation (due to expected 25+% customer drop off), another one in the same range will be fully signed up in the next two days, etc. Both of these are at MSRP.

          I could be wrong, but I IMO we could go the entire 2020 model year without either GM offering them, and/or as ABorC noted, the second mandatory and consequent step of dealers be willing to accept them.

          And if dealers offer them, what if the during the first year price increases many of us expect, start to approach the suppliers’ discount. While none of us can predict the future, just noting a cautionary pricing tone.

          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.

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          • #6
            The only discount I hope will be around is the GM card bonus money. It was available for the C7 back in October 2013 when my C7 arrived. In February GM card bonus money in the last few years has given a bonus of $2K on top of your earning. Over the past 2 years I have been buying everything on the GM card from gas to the C8 deposits .Hope to have over $2K in bonus money by the end of the year. Fingers crossed.
            Last edited by MikeC8; 07-24-2019, 10:19 AM.
            2023 HTC. Black/ black …. Delivery date.4/24/23 🤛

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            • #7
              Yeah I doubt that both 1) GM will make it available by the time of initial deliveries and that 2) Dealerships will accept them on the early batches. I do have one more question for you guys....When a dealer accepts this, are they actually losing any money, like is the discount coming from their profits, or does GM reimburse the dealer for that given discount?
              2024 Amplify Orange HTC 1LT w/MSRC
              (Built 9/22; Waiting on Delivery)
              2023 X3 M40i
              2011 Audi R8
              2005 SL600
              1992 Suzuki Cappuccino

              Comment


              • #8
                Originally posted by John
                As moderately sized dealership are already approaching their year’s total C8n allocations, why would a dealer grant someone a supplier discount when they would not need to. One specific dealer has already exceeded his roughly 25 total 12-month C8 allocation (due to expected 25+% customer drop off), another one in the same range will be fully signed up in the next two days, etc. Both of these are at MSRP.
                Just curious, but out of who's pocket does the supplier discount come? Does the dealer eat the discount, or does GM reimburse the dealer for it?
                Delivered 5/29/2021!: Scarlet Fever 2021 2LT HTC, Red Mist Metallic Tintcoat, two-tone Natural w/ suede inserts, Mag Ride, Performance Exhaust, MRR 755 Gunmetal wheels, Carbon Flash splitter and side skirts, magnetic engine cover mod & custom painted engine cover, Soler throttle controller, SmartTop HTC controller
                >20,000 miles
                Proud member of the Old Dominion Corvette Club: https://www.olddominioncorvetteclub.org/

                Never grow up - It's a trap.

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                • #9
                  Originally posted by ABorC
                  I would assume that even if GM makes it available, it doesn't guarantee that a dealer will accept it. So you'll need to ask the dealer where you intend to purchase.
                  I thought supplier discounts did not affect the dealers as GM would reimburse the dealer as in any other incentives offered by GM . But, I would assume that there will be not incentive discounts on the C8 for 2020. And , I would assume no one would have that answer at this time as to any discounts especially if the final options/PKG pricing is not to be made public till August 15th

                  Comment


                  • #10
                    Originally posted by ZORA 69

                    I thought supplier discounts did not affect the dealers as GM would reimburse the dealer as in any other incentives offered by GM . But, I would assume that there will be not incentive discounts on the C8 for 2020. And , I would assume no one would have that answer at this time as to any discounts especially if the final options/PKG pricing is not to be made public till August 15th
                    It's up to the dealer if they want to accept it.

                    Comment


                    • #11
                      Originally posted by ABorC

                      It's up to the dealer if they want to accept it.
                      True....but does the dealer actually take any hit from accepting it? Or is just the wait for them to get reimbursed in full by GM for the given discount?
                      2024 Amplify Orange HTC 1LT w/MSRC
                      (Built 9/22; Waiting on Delivery)
                      2023 X3 M40i
                      2011 Audi R8
                      2005 SL600
                      1992 Suzuki Cappuccino

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                      • #12
                        Originally posted by ABorC

                        It's up to the dealer if they want to accept it.
                        So, the current C7 Loyalty discount of $3,000 for current Corvette owners is up yo the Dealers to accept it or not. That is good to know. But in what circumstance would a dealer not accept a discount paid by the manufacture, in this case GM, to make a sale?? The question was more about a supplier discount being available next spring or summer than if a dealer would accept it. ? I believe I answered that part of the question, Maybe not ???

                        Comment


                        • #13
                          I am starting to talk with dealer after dealer who is at least half way through his/her 2020 entire model year allocations, with some already “sold out.” Given this demand and we haven’t begun to start the C8’s roll out (ask Kerbeck how many deposits they took just today), my earlier prediction that the entire model year will be sold at at every dealer ( but only considering those who are not charging “market adjustment”), why would any dealer this first year of the C8 accept supplier discounts.

                          We still have four forum MECF dealers, all stating in writing that they are charing MSRP, with unallocated 2020’s: Criswell (MD), MacMulkin (NH), Kerbeck (NJ) and Uftring (IL) — but how long those will last???

                          BTW, if you want to pay $20,000 over, and in that magnanimous offer you today must also place a $20,000 non-refundable deposit, there is a dealer (for real) in Arizona ready to accommodate your order placement today.

                          Remember 2014 in which in spite of a higher annual hourly production rate (17.2 versus now 11.6), and despite massive 10 hours days and tons of Saturday overtime, when BGA was 1,150 units short of meeting sold customer orders.

                          Not disagreeing that there were some cases of supplier discounts that year, but thinking they might not happen at all this year, or be an extreme rarity.

                          I have been posting for months for folks to not dally in placing their C8, refundable deposit orders. The time is truly right now if you have not yet done so.
                          Last edited by John; 07-26-2019, 04:49 PM.
                          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.

                          Comment


                          • #14
                            Originally posted by ZORA 69

                            So, the current C7 Loyalty discount of $3,000 for current Corvette owners is up yo the Dealers to accept it or not. That is good to know. But in what circumstance would a dealer not accept a discount paid by the manufacture, in this case GM, to make a sale?? The question was more about a supplier discount being available next spring or summer than if a dealer would accept it. ? I believe I answered that part of the question, Maybe not ???
                            no, that's not the same thing as GMSupplier or GMEmployee discount. This is GMSupplier: https://www.gmsupplierdiscount.com/ and it's up to the dealership if they'll accept it or not.

                            The C7 $3,000 loyalty discount is a rebate.

                            2 different things.

                            Maybe one of the supporting dealers can chime in on how it effects them financially.
                            Last edited by ABorC; 07-27-2019, 08:35 AM.

                            Comment


                            • #15
                              I signed up on Les Stanford's C7 (#45) waiting list in Jan of 2013; right after the Detroit Auto Show. I ordered my 2014 C7 from Stanford on May 30th of 2013. I applied a GM Employee discount and also used GM MasterCard points on a cash purchase. My car was delivered on Oct 2nd 2013.

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