October 2011 Corvette Sales

By
Keith Cornett
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October 2011 Corvette Sales

The monthly sales report came out last week while we were at the SEMA show so we’re just now getting around to taking a look at it. The news isn’t great as sales of Corvettes in October slipped to 946 for the month. That is a -6.4% decline from sales in October 2010. For the calendar year-to-date sales, Corvettes sales are still pacing at 3.8% more than 2010 with 11,216 Corvettes sold January-October.

Here are the current offers and rebates are available for those interested in 2011 or 2012 Corvettes. 2011 Corvette buyers can receive a $3,000 rebate or finance 0% down for 60 months or 2.9% for 72 months. 2012 Corvette buyers can get $1,500 dealer cash or a 3.9% APR for 60 months which also includes deferred payments for 120 days.

GM is also offering $3,000 rebate towards the purchase of a new Corvette for current Corvette owners. You do not have to trade-in your Corvette to qualify, you just have to own it and have it currently registered. The current incentives program will run until 01/03/2012.


Corvette Delivery Statistics for October 2011
Month Calendar Year-to-Date
Month 2011 2010 % Change Months 2011 2010 % Change
Oct 946 1,011 -6.4% Jan-Oct 11,216 10,809 3.8%

Archived Monthly Corvette Delivery Statistics
Year Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Total
2011 721 955 1,163 1,454 1,304 1,299 1,291 936 1,147 946      
2010 854 624 955 1,089 1,428 1,405 1,199 1,135 1,109 1,011 836 979 12,624
2009 842 1,027 1,183 1,407 1,643 1,396 966 746 1,585 1,154 952 1,033 13,934
2008 2,015 2,071 2,692 3,190 2,904 2,082 1,870 4,242 2,318 1,170 1,093 1,324 26,971
2007 2,234 2,784 3,158 3,227 3,300 2,377 2,377 2,877 2,837 2,484 2,438 2,914 33,685
2006 2,579 3,058 3,655 3,516 3,317 2,938 2,794 2,990 3,056 2,761 2,773 3,081 36,518


Corvette Stock Report:

We are unable to estimate the 2012 Corvette inventory. A check of Jeff Hardy’s website shows a total of 1,165 2010 and 2011 Corvettes. Here is the breakdown by year and models:

  • 2011 Corvettes – 1,094
  • 2010 Corvettes – 71

2011 Corvette Inventory Breakdown:

  • Corvette Coupes – 302
  • Corvette Convertibles – 124
  • Corvette GS Coupes – 321
  • Corvette GS Convertibles – 183
  • Corvette Z06 – 81
  • Corvette ZR1 – 83

2010 Corvette Inventory Breakdown:

  • Corvette Coupes – 16
  • Corvette Convertibles – 21
  • Corvette GS Coupes – 6
  • Corvette GS Convertibles – 11
  • Corvette Z06 – 1
  • Corvette ZR1 – 16


Bowling Green Production:

  • 2012 Model Year Production in October 2011: 700
  • 2012 Model Year To Date Through October 2011: 4,770
  • 2011 Calendar Year to Date through October 2011: 10,994


Source:
GM.com

Related:
September 2011 Corvette Sales
August 2011 Corvette Sales
July 2011 Corvette Sales

 



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