Update: The dealer has reached out to us and told us that this was a system error with the car being listed on their website at double the MSRP. I have added their statement below:
I am the Executive Manager at Copeland Chevrolet. Your recent blog post about us selling a Corvette for double MSRP is based on an error. This unit has been pre-sold and customer ordered since day 1 of Corvette ordering. Our system was set to filter out all units priced over MSRP. So in the back-end of our system 2020 Corvette was set at a ridiculous percentage of MSRP to block them from being posted. Once this unit was built and invoiced it entered our computer system without being marked sold and the filter due to recent GM inventory system changes failed. Our store has sold all of our 2020 orders at MSRP for current Copeland Chevrolet customers or MSRP + $3,000 for all non-Copeland Chevrolet customers. This yellow one is actually sold to a close business partner and is being sold for less than MSRP. I know many stores are gouging on these, but we are not and this was simply an error. I hope that you will update your blog post so that customers know we are not taking part in these practices.
I have attached a screenshot from GM ordering that shows this VIN is retail sold. The dealers doing this deserve the bad press, but we are not and this was simply an error.
We don’t have 1 unsold Corvette available as they were all pre-sold during the initial ordering to mostly our current customers for MSRP. One out of state customer who is not our customer ordered one for MSRP + $3,000. That is the most we have sold one over sticker.
I hope you will adjust your blog post to reflect this. We appreciate it. Attached is the back-up on the VIN you posted about. It is was ordered retail sold and I have blacked out the customers info for their privacy.
Two weeks ago we told you about a Chevy dealer in Texas who added a $37,970 market adjustment to the cost of a new 2020 Corvette and selling it for $119,995.
Copeland Chevrolet in Brockton, MA saw that market adjustment and said, “hold my beer.”
In perhaps the most shameless display of greed I have seen yet, the dealer has doubled the price of a 1LT Corvette Z51 with an MSRP of $71,620 and is now offering it for sale at $143,240!
The 2020 Corvette Stingray Z51 Coupe wears VIN 5118 and is painted in the new Accelerate Yellow with Adrenaline Red interior, and features Black Trident Spoke Wheels, Carbon Flash dual racing stripes and yellow calipers. A Carbon Flash High Wing (now discontinued) is also offered.
We’ve stated before that Chevrolet dealers are independent businesses and can sell their vehicles at whatever price they think they can get for it. And unfortunately, someone with more money than brains will purchase it at that price. After all, that 2020 Corvette offered by Cooley Chevy in Texas is no longer available, so they got paid while the rest of you on various waiting lists are, well, still waiting…
We really hope that the Corvette Team is paying attention and perhaps a “market adjustment” in the form of reduced allocations might be coming this fall to Copeland.
For those of you thinking of doing business with these guys, might we recommend our friends at MacMulkin Chevrolet in Nashua, NH, which is just under an hour away.
Market Adjustment: Texas Chevy Dealer Offering a 2020 Corvette for $37,970 Over Sticker
Corvettes for Sale: This 2020 Corvette is Headed to New Zealand with a $259,800 Price Tag
Corvettes for Sale: A 2020 Corvette Stingray for $159,880