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GMS and GMID Pricing for 2007 Corvettes

by Keith Cornett on July 27, 2006

A member of CorvetteForum.com posted the GMS and GMID Pricing for the 2007 Corvette. GMS is essentially employee pricing and GMID is special pricing for employees of GM suppliers. If you qualify for one the price breaks, your next goal is to find a dealership that can accommodate you. Not all dealerships offer the breaks, so a good place to start is searching the forums and asking around. And even though Z06′s are part of the GMS/GMID Program, good luck finding either a Z06 available AND a dealer willing to sell below MSRP.

2007 Coupe MSRP GMID Invoice GMS
         
Base 44,170.00 40,038.00 39,532.00 38,282.05
Destination 825.00 825.00 825.00 825.00
2LT 1,495.00 1,249.82 1,241.00 1,196.00
3LT 4,945.00 4,134.02 4,104.00 3,956.00
Z51 1,695.00 1,417.02 1,407.00 1,356.00
F55 1,995.00 1,667.82 1,656.00 1,596.00
Auto Transmission 1,250.00 1,045.00 1,038.00 1000.00
Chrome Wheels 1,850.00 1,546.60 1,536.00 1,480.00
Polished Wheels 1,295.00 1,082.62 1,075.00 1,036.00
Competition Grey Wheels 395.00 330.22 328.00 316.00
Dual Roof Package 1,400.00 1,170.40 1,162.00 1,120.00
Transparent Roof 750.00 627.00 623.00 600.00
NAV Radio 1,750.00 1,463.00 1,453.00 1,400.00
OnStar 695.00 581.02 577.00 556.00
Two-Tone Seats 695.00 581.02 577.00 556.00
LMB Paint 300.00 250.80 249.00 240.00
VY/MR/AO Paint 750.00 627.00 623.00 600.00
Museum Delivery 490.00 409.64 407.00 392.00
         
         
2007 Convertible MSRP GMID Invoice GMS
         
Base 52,085.00 47,193.06 46,616.00 45,128.53
Destination 825.00 825.00 825.00 825.00
3LT 5,540.00 4,631.44 4,598.00 4,432.00
Z51 1,695.00 1,417.02 1,407.00 1,356.00
F55 1,995.00 1,667.82 1,656.00 1,596.00
Auto Transmission 1,250.00 1,045.00 1,038.00 1000.00
Chrome Wheels 1,850.00 1,546.60 1,536.00 1,480.00
Polished Wheels 1,295.00 1,082.62 1,075.00 1,036.00
Competition Grey Wheels 395.00 330.22 328.00 316.00
Dual Roof Package 1,400.00 1,170.40 1,162.00 1,120.00
Transparent Roof 750.00 627.00 623.00 600.00
NAV Radio 1,750.00 1,463.00 1,453.00 1,400.00
OnStar 695.00 581.02 577.00 556.00
Two-Tone Seats 695.00 581.02 577.00 556.00
LMB Paint 300.00 250.80 249.00 240.00
VY/MR/AO Paint 750.00 627.00 623.00 600.00
Museum Delivery 490.00 409.64 407.00 392.00
         
         
2007 Z06 Hardtop MSRP GMID Invoice GMS
         
Base 65,640.00 59,367.38 58,748.00 56,778.60
Destination 825.00 825.00 825.00 825.00
2LZ 3,845.00 3,214.42 3,191.00 3,076.00
Polished Wheels 1,295.00 1,082.62 1,075.00 1,036.00
Competition Grey Wheels 395.00 330.22 328.00 316.00
NAV Radio for 1LZ 3,640.00 3,043.04 3,021.00 2,912.00
NAV Radio for 2LZ 1,750.00 1,463.00 1,453.00 1,400.00
US9 Radio 1,890.00 1,580.04 1,569.00 1,512.00
LMB Paint 300.00 250.80 249.00 240.00
VY/MR Paint 750.00 627.00 623.00 600.00
Museum Delivery 490.00 409.64 407.00 392.00
Source: CorvetteForum.com (via Wheel Talk)
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2007 Atomic Orange Corvettes Debuts

by Keith Cornett on July 26, 2006

I finally saw some real-world photos of the 2007 Corvette with the new 83U Atomic Orange Metallic and I have to say that it is a stunning color. I have posted a side by side with the discontinued Daytona Orange Sunset Metallic and you can definitely see the difference between the two. Atomic Orange is, well, more Orange than the Daytona Sunset.

2007 Atomic Orange Corvette 2006 Daytona Sunset Orange Metallic Corvette
Atomic Orange Daytona Sunset Orange
Based on 2006 Productions numbers, I really don’t see this color being any more popular than DSOM. What did the numbers from 2006 tell us? 50% of Corvettes manufactured are either going to be a shade of red (32%) or black (20%), figures that should remain fairly constant throughout the 2007 model run. Daytona Sunset Orange Metallic was ordered on 1,729 Corvettes, about 5.1% of production. Atomic Orange, while benefiting from being the new color, is not different enough to increase this percentage substantially. That being said, Atomic Orange will be a popular color for those who want to be a bit different than the rest of the crowd. And who knows, perhaps in 20-30 years we’ll look back on either of these two shades of Orange with the same genuine affection that we now have for Warbonnet Yellow. Source: DigitalCorvettes.com
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Final 2006 Corvette Production Numbers

by Keith Cornett on July 25, 2006

Now that the 2006 Corvette Model Year has ended, the Bowling Green Assembly Plant has released their final count of option penetration for the year. Just over 34,000 Corvettes were produced for the 2006 Model Year. 49% of production went to coupes, 33% Convertibles and the hot new Z06 accounted for 18% – 6,272 units total. No big surprises with exterior colors. Corvette owners still prefer Red Corvettes. The two shades of red, Victory and Monterey, combined for 32% of production. One out of every five Corvettes is Black. The least produced color is Artic White with 4.7% penetration and the now discontinued Daytona Orange Sunset Metallic (DOSM) came in at 5.1%. One of the hot options available is R8C Museum Delivery where the new owner can take delivery of their Corvette at the National Corvette Museum in Bowling Green Kentucky, just across the street from the assembly plant. For the 2006 Model Year 1,172 new owners received their keys at the NCM. Here are the major options in their respective categories:

Corvettes Produced Amount Percent    
         
Coupes 16,598 49%    
Convertibles 11,151 33%    
Z06 Hardtops 6,272 18%    
  _______ _______    
Total 34,021 100%    
         
         
Exterior Colors Total Coupe Convertible Z06
         
10U Artic White 1,588 941 647 0
19U Le Mans Blue 3,459 1,815 973 671
41U Black 7,243 3,365 2,206 1,672
45U Velocity Yellow 4,122 1,540 1,118 1,464
67U Machine Silver 4,984 2,370 1,636 978
71U Daytona Sunset Orange 1,729 930 571 282
74U Victory Red 5,844 2,758 1,881 1,205
80U Monterey Red 5,052 2,879 2,173 0
         
         
Convertible Top Colors Total      
         
35T Beige 3,076      
37T Gray 757      
41T Black 7,318      
         
         
Interior Colors Total Coupe Convertible Z06
         
02I Red 2,028 683 422 923
19I Ebony 19,974 10,312 5,901 3,761
31I Cashmere 7,175 3,727 3,448 0
84I Titanium (Gray) 4,844 1,876 1,380 1,588
         
         
Transmissions Total Coupe Convertible Z06
         
MM6 6-Speed Manual 10,517 2,815 1,430 6,272
MYC 4-Speed Auto 19,094 10,967 8,127 0
MZ6 6-Speed Manual w/Z51 4,410 2,816 1,594 0
         
         
Wheels Total Coupe Convertible Z06
         
QG6 Painted Aluminum 7,926 5,592 2,334 0
QG7 Polished Aluminum 3,449 0 0 3,449
QX1 Gray Painted Aluminum 887 648 239 0
QX3 Chrome 2,803 1,452 1,351 0
Q10 Z06 Base 2,544 0 0 2,544
Q44 Z06 Painted 279 0 0 279
         
         
Other Options Total Coupe Convertible Z06
         
Z51 Performance Handling Pkg 10,338 6,189 4,149 0
F55 Magnetic Select Ride 5,709 2,762 2,947 0
UV6 Heads Up Display 22,479 11,948 10,531 0
U2K XM Satellite Radio 26,891 11,256 10,319 5,316
UE1 OnStar System 12,869 6,358 6,511 0
U3U Navigation Radio 17,474 6,734 6,565 0
R8C Museum Delivery 1,172 423 302 447
         
Source: Bowling Green Assembly Plant (via CorvetteConti.com)
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Corvette Racing Celebrates 50th Victory

by Keith Cornett on July 23, 2006

Olivier Beretta and Oliver Gavin delivered Corvette Racing their 50th triumph in international road racing with a dominant lights-to-flag victory at Portland, the sixth round of the American Le Mans Series. It was also Gavin and Beretta’s fifth GT1 win of the year to giving the British and Monagasque duo a 12 point lead over Aston Martin’s Darren Turner and Tomas Enge who had to settle for second place on a day when temperatures reached record levels. “It’s fantastic to be part of Corvette’s 50th victory,” said Gavin. “The car was fantastic and the Michelin tires stood up extremely well under very hot conditions. We just managed everything as best we could and slowly eked out a lead. It was a hard fought battle in very difficult circumstances.” Corvette Racing’s milestone 50th win came as Chevrolet is celebrating Corvette’s 50th anniversary in international road racing. Corvette Racing’s resume includes 44 victories in the American Le Mans Series, five wins in the 24 Hours of Le Mans, and a victory in the Rolex 24 at Daytona. “This one felt like it was 150 degrees,” said Corvette Racing program manager Doug Fehan. “We had cloud cover all day, and then just before the start the sun came out and superheated everything. The drivers did a magnificent job under adverse conditions, and their fitness levels paid off. It was a real dogfight with a great competitor, and fortunately we prevailed. Any time you get two cars on the podium, you’ve had a good day.” Beretta drove the first and third stints in the two-hour, 45-minute race. He had to contend with a malfunctioning air conditioner in the hottest part of the day. “I was trying very hard to keep the lead, and the Aston Martin was putting a lot of pressure on us,” said Beretta. “This was an amazing race, and this team is unbelievable. Corvette Racing never gives up.” Beretta qualified on the GT1 pole, and took the lead at the green flag. At 31 minutes into the race, the No. 009 Aston Martin made an unscheduled pit stop and subsequently received a stop-and-go penalty for a pit infraction. Beretta then came under pressure from the No. 007 Aston Martin. A full-course caution at the 50-minute mark signalled a round of pit stops and driver changes. Quick work by the Corvette crew put the C6.Rs first and second when the green flag flew at 1:05 into the race. The No. 007 Aston Martin regained second place as the final pit stops took place with 30 minutes remaining. “That was without a doubt the most physically demanding battle we’ve ever had,” said O’Connell, who drove the second stint in the No. 3 Corvette C6.R. “Unfortunately our air conditioner wasn’t working, and it was very difficult to breathe. It was very hard work, and we pushed very hard. “There are times when you want to quit, but you can’t because you know the team is pulling for you. Third place isn’t the result that Ron and I wanted, but sometimes you get those.”
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Subtle Changes Mark the 2007 Corvette

by Keith Cornett on July 21, 2006

2007 Corvette Interior As the 2007 Model Year arrives and new Corvettes are making their way into showrooms, we are now able to see some of the changes from the 2006 models. CorvetteConti.com has several photos worth checking out detailing the changes. Changes from 2006 include a larger glovebox, two-tone seats with reverse stitching and the lock is now missing from the center console. We’ve detailed the options for the 2007 Corvette previously, but I have to mention that the two-tone seat colors, previously available only on the Z06, look fabulous. I especially like the titanium on black, which can really brighten an otherwise unremarkable interior. Source: CorvetteConti.com
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1971 CorvetteLess than a week after Dale Jr auctioned his 2006 Corvette on eBay, we’ve come across another celebrity selling a Corvette on the auction site. Matthew McConaughey, who rose to fame with roles like Wooderson on Dazed and Confused has put his 1971 Mediterranean Blue Corvette on eBay as part of Oprah’s Angel Network to raise money for Hurricane Katrina victims. What I can appreciate about this auction compared to some of the other celebrity auctions in the past is from the comments about the Corvette from McConaughey himself:

“Back in 98 I went to a California car show and was lookin at gettin a 1962 Vette, but this 71 Stingray caught my eye. I was at the show for 8½ hours and I kept circlin back to spend time checkin it out. By the end of the day I drove off in my 1971, mediterranean blue, Chevy Stingray Convertible. I call her Mako…like the shark.” “The lines on this Vette are my favorite lines on any sports car…it’s got the shoulders & the hips. The Vette always has that long front end with the shoulders where the wheel wells come up and then continues on back to where it widens nicely at the hips. This year, Corvette really knocked the design out of the park…it’s got muscle and it’s built for drivin. You don’t get it for the gas mileage…it’s not a tiptronic Porsche. When you wanna get it, you feel the horse power in your backside. The music in this car is listenin to the engine…for me it’s the quintessential, bare bones, badass American sports car.”
100% of the proceeds will be donated to Oprah’s Angel Network charity. The auction runs through July 27th and 36 bids have taken the current bid to $44,100. Source: eBay via Autoblog
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The Blue Devil’s New Name – The Z07 Corvette

by Keith Cornett on July 18, 2006

Name games are afoot for GM’s Supercharged Corvette. First we had the Blue Devil. Then there was the SS and the Sting Ray. Now we have the Chevrolet Corvette Z07, this week’s new name from Automobile Magazine. That, of course, is speculation like all the names previously mentioned. Automobile Magazine went a step further though by publishing an image of a photochopped Z06 with elements inspired from the Corvette C6.R LeMans racer. Now that the name has a face, emotions of all kinds have been raised as one would expect from the legions of Corvette enthusiasts. Quotes from the magazine:

“Tom Wallace has a 650 hp trick up his sleeve. A new super Corvette will build on Z06′s 7.0 liter LS7 V8 that was developed in sync with the Corvette C6.R LeMans racer.” “Supercharged to bump output by 145 hp.”
“Huge hood vent aimed at killing front end lift.”
“Chevy will undercut competition by pricing the Z07 at about $100,000. “We think they’ll go with Z07 or maybe Z06 R.”
Already some are bemoaning the design saying that it will take more than a hood scoop and some air vents to get them to buy one. Might I remind them that the only exterior difference in 1967 between the 327/300 Corvette and the 427/435 Tri-Power was in fact the Stinger hood. Might I also remind those getting their drawers in a bunch that this is an unofficial representation of a car by a magazine that wants to sell more magazines. Calm down folks! Chevrolet has used the Z07 RPO code twice in its history of Corvettes. The Z07 first showed up as an RPO in 1973. The package included special front and rear suspension and heavy duty power front and rear brakes. It required the L82 or LS4 engine, the M21 4-Speed and J50 Power brakes. The same package was offered in 1974 and 1975. Z07 returned as an RPO in 1991-95 as an Adjustable Suspension Package for coupes. I’ll say this for Automobile Magazine. At least they got the color right. Source: Automobile Magazine | DigitalCorvettes.com
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Corvette Racing Celebration at GM World Headquarters

by Keith Cornett on July 17, 2006

On Tuesday, July 18, GM will be saluting the Corvette Racing team for its 5th class win at the 24 Hours of LeMans with a parade and presentations in downtown Detroit. The event begins at the Compuware Corporation, who is the primary sponsor of Corvette Racing, with a caravan of Corvette race cars, pace cars and other collector cars though the streets of Detroit including famed Woodward Avenue. The parade concludes at Jefferson Avenue where the lobby of GM’s Renaissance Center is located. At the Renaissance Center, there will be a presentation of the 24 Hours of LeMans trophy and speeches by Chevrolet’s General Manager Ed Peper and Pete Karmanos, Jr, CEO of Compuware. Following the speeches, there is an autograph session with the Corvette Racing drivers. Corvette Racing is an American success story, winning the GT1 class in the 24 Hours of Le Mans five times and defeating marques such as Ferrari, Aston Martin, Lamborghini and Viper in top-level international road racing. The championship-winning Corvette C6.R race cars were developed with GM technical and human resources, and have strong links with the production Corvettes that are sold in Chevrolet showrooms. Source: GM
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2007 Corvette Brochure Hits The Net

by Keith Cornett on July 16, 2006

The new brochure for the 2007 Corvette will be on its way to dealers soon, but two websites have already broken down the swag in detail. The brochures come with an accessories catalog and a chip guide for the exterior, interior and convertible top color samples. CorvetteConti.com has a nice shot of the accessories catalog showing a photo of two new wheels including a real 10-spoke. AutoSpies.com has over 40 photos showing the brochure page-by-page. One of the photos shows a nice close-up of the multi-function steering wheel. Interestingly, a quick search on eBay shows a bunch of 2007 Corvette Brochures for sale, so if your dealer doesn’t have them yet, start bidding! Sources: CorvetteConti.com | AutoSpies.com | eBay
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Bloomington Gold Auction Results: The No Sale List

by Keith Cornett on July 12, 2006

When looking at the list of Corvettes that didn’t sell during last month’s Bloomington Gold Auction, it’s hard to wonder what might have been if these same Corvettes were being sold at Barrett-Jackson. There I said it – the “BJ” word. Of the nearly 350 Corvettes for sale, 44% went unsold. And we’re not just talking about your average collectible Corvette. We’re talking about the top 1% of collectible Corvettes. We’re talking Corvettes like the 1967 L-88 427/430 hp of which only 20 were produced, and the 1967 L-89 427/435 hp with aluminum heads (pictured) – A Corvette so rare only 16 were produced during the last year of the Midyear production run. In retrospect, it’s not that difficult to understand why these Corvettes were No Sales. Bloomington, like most of the major Corvette auctions, have reserve pricing – a feature that protects the seller’s investment from selling too low in exchange for a higher listing or commission fees. Unfortunately, the Reserve Price is also allowing owners to test the upper limits of market values. If it sells, great. But if not, then on the trailer and out to Arizona it goes. The Gold Auction’s No Sale list is after the jump.

Lot # Year Model Color High Bid
S5481953CORVETTEPOLO WHITE NO SALE
S5401954CORVETTEWHITE $82,000
S201954CORVETTEWHITE $74,000
S821955CORVETTEWHITE $70,000
S5531956CORVETTEBLACK $63,000
S461957CORVETTERED NO SALE
S831957CORVETTEGREEN $105,000
S5441957CORVETTEBLACK $86,000
S1151958CORVETTERED NO SALE
S5321958CORVETTEWHITE $145,000
S601958CORVETTERED $77,500
F861958KELLISON CORVETTERED $17,000
S5201960CORVETTERED NO SALE
S547.11960CORVETTESILVER $115,000
S5471961CORVETTEWHITE $160,000
S5561961CORVETTEN/A $63,000
S411961CORVETTEROMAN RED $44,000
F1211962CORVETTEN/A NO SALE
S5311962CORVETTEWHITE $900,000
S311962CORVETTEBLACK $70,000
S441962CORVETTEMAROON $56,000
S851962CORVETTEMAROON $40,000
S5031963CORVETTEBLUE NO SALE
S5111963CORVETTE Z-06SILVER NO SALE
S5551963CORVETTEBLACK $73,000
S301963CORVETTESLVR/BLUE $43,000
S511.11964CORVETTE Z-06BLACK NO SALE
S801964CORVETTEBLACK $51,000
F117.11964CORVETTESLVR/BLUE $36,000
S1011964CORVETTERED $36,000
F551964CORVETTERED $35,500
F1121964CORVETTEBLUE $31,000
F5311965CORVETTEN/A NO SALE
S5181965CORVETTEBLACK $135,000
S524.11965CORVETTERED $120,000
S5601965CORVETTEBLUE $77,000
S421965CORVETTEMARLBORO $75,000
S871965CORVETTEBLUE $67,000
S5251965CORVETTEMAROON $62,500
S541965CORVETTERED $60,000
S931965CORVETTEBLUE $55,000
S1101965CORVETTEWHITE $39,000
S941966CORVETTEBLUE NO SALE
S5261966CORVETTERED $135,000
S5451966CORVETTEBLACK $82,000
S5621966CORVETTEBLUE $79,000
S561966CORVETTEYELLOW $77,000
S661966CORVETTEGREEN $75,000
S371966CORVETTEBLACK $70,000
S5461966CORVETTEWHITE $70,000
S861966CORVETTEMAROON $66,000
S5491966CORVETTESILVER $60,000
S731966CORVETTEBLUE $56,000
S721966CORVETTEMAROON $52,000
S321966CORVETTEYELLOW $51,000
S251966CORVETTEMAROON $48,000
S741966CORVETTERALLY RED $47,500
S1001966CORVETTEBURGUNDY $42,000
S771966CORVETTEBLUE $37,500
S5301967CORVETTE L-89BLACK NO SALE
S5711967CORVETTEN/A NO SALE
S5171967CORVETTE L-89MAROON $400,000
S5421967CORVETTE L-88GREEN $340,000
S5231967CORVETTEBLUE $290,000
S5671967CORVETTEBLUE $210,000
S537.11967CORVETTEGREEN $141,000
S431967CORVETTESILVER $140,000
S5161967CORVETTE COPOGREEN $140,000
S5721967CORVETTEBLUE $139,000
S841967CORVETTEN/A $118,000
S5691967CORVETTERED $110,000
S701967CORVETTEBLUE $88,000
S401967CORVETTEBLUE $83,000
S621967CORVETTERED $80,000
S691967CORVETTESILVER $77,000
S881967CORVETTEBLUE $75,000
S1051967CORVETTERED $60,000
S451967CORVETTEWHITE $57,000
S891967CORVETTEMAROON $56,000
F701967CORVETTEBLUE $52,000
S5611967CORVETTERED $51,000
F5121967CORVETTEMAROON $32,500
S5351968CORVETTE L-89BLUE $65,000
S481968CORVETTERED $44,000
S101968CORVETTESALMON $21,000
F791968CORVETTEBLUE $18,000
F501968CORVETTESILVER $17,000
S991968CORVETTEWINE $16,500
S5091969CORVETTE L-88GREEN $260,000
F5341969CORVETTEWHITE $42,000
S41969CORVETTERED $32,000
F951969CORVETTEN/A $27,000
F1181969CORVETTESILVER $25,000
S1111969CORVETTERED $9,500
S611970CORVETTEYELLOW NO SALE
S1021970CORVETTEGREEN $19,000
S631971CORVETTEORANGE $130,000
F681971CORVETTEWHITE $20,500
F1201971CORVETTECOPPER $15,000
S221972CORVETTEBLUE $31,500
F5001972CORVETTE LT-1ORANGE $26,250
F851972CORVETTEGREEN $23,000
S981972CORVETTEBLUE $21,500
F141972CORVETTERED $12,900
F1371973CORVETTEN/A $42,250
S21973CORVETTEGOLD $25,000
S191973CORVETTEYELLOW $23,500
F5421973CORVETTEBLUE $22,500
S521973CORVETTEGREEN $20,000
F411973CORVETTEWHITE $17,250
F231973CORVETTEBLACK $13,750
F1441973CORVETTEBLACK $11,500
F5321974CORVETTEWHITE $21,000
S281974CORVETTEWHITE $14,000
F1271974CORVETTERED $8,250
F781975CORVETTECHARCOAL $10,000
S161978CORVETTEBLACK/SILVER $27,500
F5361978CORVETTEBLACK $26,000
F1541978CORVETTESILVER $10,500
S781979CORVETTEWHITE $22,000
F661981CORVETTEBEIGE $22,000
S181981CORVETTEN/A $16,000
F481982CORVETTESLVR/BGE $19,750
F1531982CORVETTERED $9,700
F1331984CORVETTEWHITE $9,750
F171985CORVETTEBLACK $5,750
F5201986CORVETTE PACE CARRED $19,000
F911987CORVETTEWHITE $10,000
F1141988CORVETTEWHITE $10,500
S1041988CORVETTEN/A $10,000
F1151989CORVETTERED NO SALE
F941989CORVETTEBLACK $25,000
S651990CORVETTE ZR-1RED $25,000
F1341992CORVETTERED $16,000
S548.11993CORVETTEWHITE NO SALE
S171993CORVETTEMAROON $29,000
F1251994CORVETTEBLACK $12,750
F1521995CORVETTEYELLOW $14,000
F5221996CORVETTEN/A NO SALE
S81996CORVETTE GRAND SPORT CONV BLUE/WHITE NO SALE
S921996CORVETTESILVER $31,500
F5401996CORVETTEPURPLE $18,000
F1161996CORVETTEBLACK $16,000
F721998CORVETTESLVR/BLUE $26,250
S952001CORVETTE Z06N/A $23,000
F1482002CORVETTE Z06YELLOW $31,000
S292003CORVETTERED $36,000
F812004CORVETTE Z06BLACK $39,500
F5152004CORVETTERED $36,000
F802004CORVETTESILVER $31,000
Source: Mecum Collector Car Auctioneers
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