REPORT: Corvette is Fourth On List of Vehicles with Greatest Dealer Stockpiles

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REPORT: Corvette is Fourth On List of Vehicles with Greatest Dealer Stockpiles


We’ve been saying for a while now that Corvette inventories are at the highest levels we’ve seen during the C7 era and now a report from Associated Press helps put the numbers in context.

According to the AP as reported by FoxNews.com, the Chevrolet Corvette ranks fourth on the list of Dealer Inventories with a 267 day supply of Corvettes available. It’s one of two Chevrolet vehicles on the list with Camaro coming in at sixth with a 236 day supply.

The AP says that sales of cars fell to just 36 percent of total US auto sales last month as truck, SUV and crossover sales are booming:

Corvette is Fourth On List of Vehicles with Greatest Dealer Stockpiles
Photo Credit: FoxNews.com


Stockpiles are measured by the number of days the inventory would meet demand at the current sales rate.

Corvette sales do tend to slow down during the winter months and a winter storm like the one that just swept through the Mid-Atlantic and Northeastern parts of the country last week can cause buyers to hold off on making that purchase until clearer skies return.

It appears that Chevy is showing no signs of slowing down production as it plans to start building 2018 Model Year Corvettes immediately following the end of the 2017 model year on June 2nd. The inventory levels will eventually be eased by the upcoming three month shutdown of the Bowling Green Assembly Plant for upgrades to the assembly line process.

That being said, it’s a buyers market and we expect that to continue into the summer months. Now is a great time to buy a Corvette as Chevrolet is offering special rebates and incentives on new Corvette sales and many dealers are offering steep discounts off of MSRP to keep sales moving.


Source:
FoxNews.com

Related:
February 2017 Corvette Sales
Important End Of Model Year Deadlines for 2017 Corvette Production
[VIDEO] Corvette Presentation from the 2017 Twelve Hours of Sebring

 

2 COMMENTS

  1. Is there any way to search all new corvettes nationwide? I’d like to buy a very specific one, but I’d rather enter every zip code I can think of into Chevrolet’s website…

  2. Nope. There used to be a guy on corvette forum that had a website that did that but he died a few years ago and no one continued his site. When I was looking for our last car I had to put zips in over and over. It was tedious but I found our ’15 NRB Z a few hours away in a small Texas town that I would have never thought of.

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