I’ll say this about a seller who holds an allocation on a Black 2020 Corvette Stingray…that’s one heck of a bold price!
We’re a month out from the start of production for the 2020 Corvettes and more than a few have already popped up for sale on eBay. Not by dealers though but by buyers who are attempting to make a buck or two from flipping their allocations, orders, or their spot in line.
Two months ago we saw our first flipper on eBay asking $110,000 for a Z51/1LT Coupe. This new ad takes the audacity to an even higher level: $119,999 for a Black 2LT Z51 Coupe with an MSRP of $82K!
The Black Stingray Coupe is well optioned with the Z51 performance package, NPP Exhaust, Magnetic Ride Control. Inside is the Red leather interior with GT2 seats.
The seller claims a March Build date with the car expected at a Bucks County, PA Chevy Dealership in May/June 2020. Perhaps thinking his price is a little too strong, the seller does feature a “Make Offer” button and leads off his description with the call to make an offer.
Sadly, this is just the beginning of these kinds of ads and there will be those buyers who will need the new Stingray right away. Contrary to popular opinion, the Stingray isn’t sold out yet and dealers still have plenty of allocations available. If you can wait, Chevy has pledged to build 40,000 Stingrays although that figure probably changed somewhat with the strike. But once the plant is up and running both shifts, these cars will be available at mostly normal prices.
But if you have to have one as soon as possible, you can always take your money to eBay!
Source:
eBay
Related:
Corvettes on eBay: 2020 Corvette Stingray for $110,000
Official: The 2020 Chevrolet Corvette is Here
Build and Price the 2020 Corvette Stingray Coupe at Chevrolet.com
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While it is an opportunity, I feel someone who is allocated and really doesn’t want the car should just give it up. Greedy!!!!!
People like this really bug me. These our not car enthusiasts , who really like Corvettes to own and drive, but just opportunists who’s only interest is turning a profit. You see this happening all the time on the car auctions, like Mecum..these guys come in with a big “sack of money” and will buy a half dozen collector cars, paying $100,000..$200,000 or more, not because they like cars, but because they can’t wait to resell them and turn a profit on them. The average guy, who has wanted a certain car all his life, and would be a very appreciative owner, is shut out of the bidding, because he can match these wealthy individuals. These guys don’t care what they bid on…collectable art, rare coins and stamps, antiques,…etc as long as they can turn a profit. I wish they would stay with other collectable items and leave the cars..to the “Car Guys”
Maybe this is what Motor Trend speculates C8 pricing by.
The sad part is that there will be a bidder and a buyer from this whole thing. Many years ago, when I was in the military, some enterprising soldiers bought up new uniforms in bulk then sold them on ebay, significantly marked up. They were ID’d and court martialed for it!
I’ve got an early spot and dream of the day when I take delivery of this wonderful car. Having said that, what does anybody care what someone asks for their spot. If you don’t want it, don’t buy it. Those who condemn are worse than those who try to gouge. Apparently, they’re not as American as this beautiful machine. Move to f***king Iran if you don’t like it. As if GM isn’t trying to make a profit.
Yep, I hate people for the most part. Always someone trying to scam cash. Hopefully it doesn’t sell.
I hope all of these scalpers loose their shirts and can’t sell their cars.. Don’t ge sucked in by these opportunists…
It’s all supply and demand. That is what all business is driven by.
Not sure why everyone is getting so mad about this. If someone wants to pay way over sticker price then that’s their prerogative. If someone offers me 35k over what I’d paid my my C8 I would sell it right then. Then I would just go back to the dealer and order another one, and wait for it.
Well, there are people out there that have too much money, and can spend it stupidly. As I said earlier, C8 is starting out like C7. When the C7 came out in 2014, no dealer would sell it for less than sticker. As C7 evolved there were plenty of issues that came up with it that were fixed in subsequent versions, and I am sure this is going to be the case with C8. Keep your money in your pocket, and wait a few years. The C8 will improve, there will be fixes, and you will be able to buy one at a price significantly under MSRP. I bought a 2018 GS, new, and put it on the road for a shade under 15% under sticker. If you are not on your death bed for a C8, be patient.
Yep, be patient. It’s Chevy not a Lambo. Excessive inventory and deep discounts are coming.
Quote from your blog 12/12:
“Now, GM North America President Barry Engle has confirmed to MotorTrend that all 40,000 of the C8s that Chevrolet plans to build for 2020 are already accounted for.”
Above you say : Contrary to popular opinion, the Stingray isn’t sold out yet
The “popular opinion” we share, seems likely to have begun on 12/12, by your hand
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