General Motor’s March Sales Report brings good news to the Corvette Team as sales for the month were up 18% over March 2011. Last month, GM sold 1,376 Corvettes vs 1,163 in March 2011. For the calendar year, Corvette sales are up 3.3% with 2,932 Corvettes sold in 2012 vs 2,839 Corvettes sold in 2011. This is the third month in a row that Corvette sales have increased over the previous month and the March total is the highest sales figure we’ve seen since April 2011.
So why the increase in sales during March? We think there are a number of reasons. First, you can’t discount the weather which has been unseasonably nice this year. Second, due to GM’s compressed production schedule for the 2012 Corvette, February was the last month to order a Carlisle Blue Corvette and March 1st was the last day you could order one of the Centennial Edition Corvettes. Many that ordered the Carlisle Blue and Centennial Editions would have taken delivery in March. And finally, GM released a new round of rebates and incentives on March 1st which we are sure are also having an effect.
Those rebates and incentives include a 0% APR up to 60 months on all new 2012 Corvettes and 2.9% APR for 72 months. Dealer cash of $1,500 is still in effect and can be combined with the 0% financing offer. There is also a $3,000 retention offer but you must be on the list. Check with your dealer for details. If you’re looking for a deal on a 2011, you can get 0% APR for 72 months or a $4,000 rebate. Unfortunately, the rebate cannot be combined with the 0% financing. These current incentives run through April 30, 2012.
|Corvette Delivery Statistics for March 2012|
|Month||2012||2011||% Change||Months||2012||2011||% Change|
|Archived Monthly Corvette Delivery Statistics|
Bowling Green Production:
- 2012 Model Year Production in March 2012: 1,359
- 2012 Model Year To Date Through March 2012: 10,341
- 2012 Calendar Year to Date through March 2012: 3,343
Our monthly GM sales reports are sponsored by Kerbeck Corvette in Atlantic City, NJ. If you’re interested in a new 2012 Corvette, talk to one of Kerbeck’s Corvette Specialists about a custom order to meet your specifications. Visit Kerbeck Corvette on the web at www.kerbeck.com or call Dave Salvatore at 877-537-2325.