YES!! I spent the last 30 years of Corvetteing saying I was going to buy a new one once in my lifetime. That ship has officially sailed. I now fully understand that I own the last Corvettes I’ll ever buy. It sucks that the dream is dead, but it’s reality.
NO! The C8 is not overpriced. Yes, it's too much for me. I own a C7 & a C5 and can't afford to buy yet another. But what you're getting for what you're paying is totally worth it! You're getting what Zora Duntov always pushed for. A super car, at an affordable price! Vette lover's know.
Corvette has always provided the best bang for the buck among super cars. The real issue which takes the C8 out of reach of working Joes is maintenance. I maintained my 58 and 69 easily by myself. C8 not so.
Having been a Corvette fan since I was a small child, I own alot of literature about each generation. After alot of encouragement from my oldest grandson a few years ago, I finally decided to purchase a Corvette. I looked into purchasing a C8 Stingray and had even decided on the Torch Red color for it. In the end, I decided not to get on a waiting list for the C8, but instead I purchased a Torch Red C6 Grand Sport with very low mileage. A C8 Corvette is still alot of bang for the buck even at $100k, but in the end I went for the $40k C6 and have had no regrets. I'll still probably purchase a C8 Z06 when it's not so difficult to get one since my grandson has decided that he wants my C6. I'm starting to think that was his plan all along.
Your grandson knows his papa well. 😂 😂😂 FYI - A buddy of mine did the same thing and gave his grandson his GT car. His grandson loves the car and respects it because of this. Your grandson may do the same with your Grand Sport.
My I add, A dealership that has trained tech. staff who can service your 90.000 corvette. Yea they sell them BUT. But that could be any 90.000 car or truck. In my neck of the woods, they have about 4 different chevy dealerships. Most Have one for sale. The people in the Corvette group that have C8's Have to travel way out of town for service their cars. One guess why
I have a couple issues with the C8 corvette. The base price may be somewhat affordable, but I think a lot of older Corvette owners look at the C8 and think about maintaining a car like that. The older cars a good mechanic could maintain and that has a lot to do with affordability now. Most people do not have the specialized tools and equipment , or knowledge to repair or maintain a car like this. Dealers charge a fortune to repair or maintain these cars. I think the C8 corvettes are for the elites now, even though the base price may be obtainable for some people. Inflation is also a big factor. I dont know what a warranty is on a C8, but I know in the 1960-70s .I believe the warranty on a new corvette was much better. Many factors come into play now days, like food, housing, utilities, fuel, etc.
It was priced right at 55k for a base car when it launched. The problem then became dealer markups killed that good idea. Now it is 75-80k and there are still dealer markups so absolutely.
@@WarriorsPhoto It’s been a while since I’ve built and priced one on the website but as I recall, just a 2LT with Z-51, mag rider and the exhaust, would bump the price $15-$20k
In 1963 adding A/C, power windows, upgraded tires, suspension, brakes and cooling, am-fm radio, tinted glass, head rests & other interior comfort items, etc. etc, would quickly jump the base price 25-30% or more. So there’s no sense in complaining about cost of options. One can always jack the price up checking all the boxes, it’s what all car manufacturers want you to do.
The C8 is a deal when you consider it's competition - european mid engine exotics - Ferrari, Lamborghini, Bugatti, Porsche, etc. that cost twice as much! A new loaded American pickup will cost you close to $70000.
One big difference is the cost of options. In 1972 my total options were less than $1,500 loaded. Today the C8 options can double the base price! You definitely get more, but that is a big difference. My annual income today is about the cost of a C8 spec'ed out nicely, but no way I could afford one. The cost of almost everything else has skyrocketed the past couple years and no end in sight. Most of the things I buy for my daily life and business are up 200 to 300%. Bowl of pasta at the restaurant today was $28.00 + tax + tip + packaging fee - same pasta at the same restaurant three years ago was. $11.50. My home insurance went from $2,400 last year to $5,600 this year! All I do now is work to pay taxes, insurance and eat - nothing left over after business expenses.
Even the base C8 is nicely appointed. I bought a new 2021 C8 convertible, 3LT, Z51, mag ride control, front end lift, competition sport seats, upgraded wheels, museum delivery, etc, etc., and it was under $100k. A tremendous value in my opinion. By far, the best car I have ever owned.
I was truly surprised at those prices. I thought that the C8 was more expensive than that. I still think they are over priced. I will stick with my 2 C5's and my C4. Good video, as always.
I'm in Canada, I know the topic is not about the C8 Z06/Z07 package but I want to say it anyway, about 10 months ago I called a dealer for an allocation he said it was a 5-10 year wait for a Z06 and with the limited online prices it would run around 190-200K CAD(No dealer mark up!). For a little more you can get a pre owned Lamborghini Huracan. I'm saving up for an H.
I think the C8 does give you a good bang for your Buck but I also think the average corvette buyer is unable to do ant maintenance on the car because there so technical so that’s another cost to consider. I have a C6 Grand Sport and love it. I’m part of the divide I just can’t warm up to the C8. I also have a C3 so those 2 are all I will ever need or want. Great video great research Lyle.
The comparison was helpful. Household expenses in general have continued to rise e.g. insurance - all forms, medical costs, energy costs, etc. The median income today is spread fairly thin across the board. It's all working together to make discretionary purchases harder to afford. Thanks for the information Lyle.
I think the base C8 is too expensive for me. I guess I’m old school because I still prefer a front engine rear drive car. My first Corvette was a 1969 C3 convertible that I purchased in 1970, shortly after separating from the Army. I recently purchased my second Corvette, is a 2016 C7 coupe from a couple who just got a new C8. The C7 is vastly different than my C3, very complex car but very much a fun drive.
What was the average "disposable income" and what was the average dealer markup over sticker price at the introduction of each generation? I think those numbers might give a better overall picture.
Damn, I am so poor and make so little that it would be a cold day in hell before I could afford a used Vette nevermind a new one, but I can still dream. Love your videos
C8 is still an incredible value for the performance it offers. My dad had a '92 ZR-1 and an '03 convertible and last month we were talking about Corvette value... My 2021 C8 was about $15k above what he paid for his ZR-1 (30 years ago!!!), and $25k over his C5. We both agreed the C8 obiterates the cars he had for a price that's in-line considering inflation.
In Canada, exchange rate kills us and GM Canada marks the cars up over exchange. As well some years base equipment is different. Adding cost. For years a base Canadian car was a one up package on a US car.
The base C8 is a bargain for the performance it offers, and adjusted for inflation it is no more expensive than other recent generations. I think they have it just right, and there were people when the other gens came out that complained they were too expensive too.
A lot of dealers are selling the Stingray at MSRP, you just need to call around. Wait times are a lot shorter now too, though the UAW strike could screw that up.
Great video Lyle. To expensive for me. I think a couple things about the c8. Yes dealer markups also they don’t let you test drive or sit in them to get a good feel of the car and that’s super important to a potential customer. That puts it in the elite status. I think that alienates the driver potential of purchasing a corvette. No thanks. It’s a Euro look alike. I’ll stick with my c3 convertible stingray. Happy though for those that can afford one. Enjoy!
Having payed for a plumbing, roofing and other construction work over the last year, I believe that those who are independent contractors definitely can afford a base C8, and probably a Z06.
I’m 56 and could afford a C8 right now, because I’ve been kicking my ass workin for 40 years, but as a GenX’er I went out and bought a 91 C4 ZR1 with 9k miles for 1/2 of a new C8. Got a C7 and a C3 as well. C8 doesn’t interest me. For performance vs price tho it’s the best! That’s a younger Gen car and im ok with that. Cool car but im out.
As a C8 owner, I have ZERO regrets on my purchase. This is my fourth Corvette: C4 (1984, you never forget your first), C6 (2012 GS Centennial Edition convertible, still own it, my wife's daily), C7 (2017, loved it, but traded it on my C8), and my current C8 (2020, fully optioned, 3LT, Z51, mag ride, front lift, etc.). The C8 is an amazing car, and considering what its performance is on par with, the C8 is a complete bargain. I can't walk away from it without looking at it. I grin ear to ear every time I start it and all the time I'm driving it.
My 7th Corvette (21 2LT Z51) but only my 2nd new one. Retired, Kids grown, house paid and things are comfortable but almost 80k felt like way more than my new 79 at $12k. I think you hit it with all the additional expenses involved. The other big consideration is it’s value continues to rise so it’s almost like money in the bank but way better as I can actually enjoy it. That’s my 2 cents anyway.
@@Ts-zy4bw yes, money in the bank! Recently sold my 65 for $11k more than I paid after 5 years of ownership and pure enjoyment. My 21 is up $5k in 2 years. Sorry If you’re not enjoying the increased value while enjoying your Corvette.
Yes, Yes, Yes, I am most likely to purchase a C5 ZO6 for $35K CAD, I have little interest in a C6 for $50k or a C7 for $75K. I would go to the bank for a C8, I love them so much. Note CAD is Canadian Dollars, I’m near Toronto.
Big difference between INCOME and EXPENDABLE income, which is way less than it used to be…also consider housing, college, and health care costs have skyrocketed.
Lyle, l am 75 and retired, l have always bought pre owned corvettes c6 and c7 and l always buy base models then add what l want on my corvettes, up here in Canada it’s a 2 year wait or more for a c8 and lam on the list and lam ordering a base model, l do not think the new c 8 is over priced for what you get and don’t forget the price up here is 12,000 more for a base model, love your podcasts keep up the good work.😊
C8's are out of the question for me, just not a fan. I am keeping an eye out for a late model C7 Gran Sport, and keeping my '99 Coupe as well. Great post as usual Lyle, we appreciate you!!
I remember as they were wrapping up the production of the C7s that you were a really shrewd negotiator, that you could get out the door with one for $40,000, give or take a few hundred dollars. And when Chevrolet announced the MSRP for the 2020 at $60k for the base stripper model, it seemed like a fair and appropriate price. But it was impossible to find them, or order them at that price. And we're now in the third year of production, the MSRP has gone up $6,000, and as I'm sure you're aware, in the Tampa Bay area dealers are still slapping a $10,000 market premium on this car even if you try to order one. The fact is, at $75,000, I can get a Tesla Model S (not the plaid) which is as fast in the 1/4 and can carry four people. I can get a CT4-V Blackwing, which has a higher top speed, equally as luxurious, and is an objectively better daily driver. I can get a Hellcat, which is also a better daily driver and faster than a C8 from a roll. I can get a slightly used Lexus LC500 which is a better daily, significantly more luxurious and much much better looking. I can get a new Golf R and have $30,000 to spend to make it faster than a C8. Or I could buy a C5, C6 or C7, retain all of the prestige of owning a Corvette, and still spend tens of thousands of dollars less. If I want to have something mid-engined, I could even buy a Fiero for $5,000 and have $70,000 to take to a speed shop and turn the thing into just about whatever I want it to be. If you can get one at MSRP, the C8 is still a performance bargain. But as long as you have to deal with the dealer tax, there are just better options out there.
I think the big difference is in the price of options. In earlier model years the options might add another 20% or so but now it is easy to double or more the base price. Then add on the dealer gouging and it gets downright painful and out of reach.
Firstly, I enjoy and learn from all your videos. Thank you! Your analogy of average income versus Corvette prices over the years was very interesting. Today and back then the average income individual (that’s me) has a list of priorities. House, kids etc. So the Corvette for me never got up that ladder high enough until I retired and then the 40th Anniversary (used) came into my life. Two years ago I replaced it with a C-5 Convertible. I am very happy. The C-8 base and even with some options I’d say is worth the money when compared to other performance cars like Ferrari etc. I still can’t afford a new C-8 so glad to tell you I love my C-5. One more point. I mentioned to you once that my personal feelings about the C8, as great as it is, has lost its visual appearance of the “American Sports Car”. So I am not in any pain not being able to afford one. 😊
Love this Channel Lyle! Let's take a look at inflation too. My 2000 C5 convertible was about $53,000 fully optioned new Now, let's look at inflation. That same C5 in today's money is $94,500!! It's amazing how much inflation has gone up in 23 years!
I can't afford one either and I was able to afford a 2001, then 2003 brand new Z06 at the time. You touched on it, but there is a lot more competition to take our dollars than there was.
I think the C8 Stingray is fairly priced. It has a lot going for it for a semi-exclusive automobile. It's very difficult to recover your engineering and manufacturing costs on a somewhat low volume car, and GM is doing a remarkable job with that.
I don’t think the C8 is too expensive. One thing I think makes it different is the prior models all were priced so what high ( I’E , the c6 and c7 ) , but their was always an incentive helping to lower the price . Today , most are all list price ( or more ) and you can’t even go test drive one before buying . Today’s technology is expensive , and availability remains scarce .
Great info as always Lyle. My knee-jerk reaction would have been yes, but after listening to this, pricing vs median income actually seems to be in lock-step with the previous generations. Wonder if a comparison of priciest model available for each gen also was commensurate.
C8 is just another arguement for me. My wife thought i was going to leave her for a model when i bought my c6. 😂 that was 2 years ago. Hahaha. I love them both. 😁 hahaha. Great video.
Your absolutely spot on, The cost of a corvette is primarily the same as it always has been, compared to any generation vette, vs median income. However back in the 70's 80s and 90's you could fill your car with groceries for about 30 bucks, compared to today its over 100 bucks. avg Mortgage in the 80's was about $300 bucks compared to todays avg over $1200.00 So your absolutley right that the price of a corvette hasnt gone up that much, but everything else has. "except wages"
Interesting to learn, and thanks for researching that. I do believe that the outside expenses play a significant role in our ability to buy a high end automobile, Corvette or not. But as was discussed in your previous video, the number of younger folks buying C8's is significant. I struggle to believe that they all have the annual salary to accommodate that purchase. I have to wonder how many C8's have been financed, what the average amount of the financing is, and how many have been repossessed. Rates are up significantly now and I wonder how that has impacted C8 Sales. Seems to me that there's a lot of C8's available on the new and used car market, while its very challenging to find a C7 Z with less than 20k miles for under $75k, especially a Manual.
Overpriced? Definitely NOT. Where else are you going to find a mid engine sports car that even comes close to the track performance of a C8 for less than 100,000? Or a car with the performance of a Z06 for less than 200,000 and still be comfortable enough to drive on the street?
I was lucky enough to get a 2020 c8 in October of 2020. I drove it off the lot, including taxes for around $74,000. LT1 with z51, magnetic ride control and some other small options. A lot of money then, but still a bargain, before inflation really took off! The car is phenomenal, nicest car that I have owned!
@@Ts-zy4bwDid you wait an entire month to jump on somebody for a typo, in order to prove that you are the true "Mr. Corvette Owner." Get a life buddy.
If they are not piling up unsold at the dealership the market says they are not too expensive. As an owner I have no regrets in owning a C8. I love the car. It is a leap above my C7 in performance and I am proud to own it.
There's another way to look at it: What do you get for the money spent? In 1969 I bought a new Corvette convertible for $4700. In today's dollars, that would be about $37,500. It came with 350 hp, 4 spd rock-crusher transmission, twitchy Rochester carb, sometimes air sometimes not, AM/FM radio, rattles, squeaks, skinny tires, no power brakes, no power steering, inquisition seats, and a leaky top. (I still have that car, by the way.) You get so very much more in the C8 that it's not even comparing the same species. Should compare against a current $$$$ Eurocar. C8s are definitely a bargain --- even if I personally cannot afford one, I'm happy for those that can.
I just got my C8 this summer. I waited 17 months to get it at MSRP. I got a 2LT. I find it to be a steal for the money. It’s a completely reworked car from previous generations that is very refined and FAST. My list price was $81k. That’s the same price as a lot of full sized trucks now…
I'm just commenting to trigger the UA-cam tracking algorithm so that perhaps the man can afford the C8 he wants someday, because I value this channel. the question is not for me. Unlike most corvette buyers, I bought a used C5 for value and efficiency rather than speed, and a convertible top that goes down without any visual obstruction. I learned that GM is not bashful about asking for money when I attended a corvette club meeting at a dealership and saw a "special edition" Louis Chevrolet C6 on the showroom floor for $110,000, that seemed to be nothing more than a graphics package . I didn't really check deeply for options, that price was kind of a stopper for me. As a carpenter I once knew commented about a friends older jet boat, , " there are just so many things to buy in this world". The old small block chevy boat ran out just fine.
If you adjust for interest, Corvettes have been pretty consistent in terms of MSRP for the last 30-40 years. The problem is lagging wage increases, dealer markups, and the shitshow that is the housing market.
I have a '17 Z06 vert twilight edition manual...blast to drive/raw/edgy. My 6th Vette. Whilst still paying on it I got tempted by the C8 hype. So #7 was white, body colored nacelles & mirrors, with yellow calipers and interior yellow stitching..also stripes on hood. Pretty car! Overpaid some for this '22 Stingray HTC.. loaded with 675 miles. I learned I needed major dental work a month after I bought it so sold (for a hefty loss). Stingray is cool no doubt, garners attention, is customizable/Z mode etc but having had manuals for years and not being into paddle shifting..it felt odd to not have a manual. I honestly from an aesthetic perspective realize a widebody is the only look that'll make me happy after having a C6 GS vert and my C7 Z06 vert. Stingray isn't 'enough' per se. Also it occ had a delay is shifting when in regular drive mode. I had a '22 BMW M40i Z4 and I never noticed delays with it. It made me rather enjoy an auto, sans any paddle work. So, the trans in the C8 isnt perfection unless using paddles I'd wager. So all in all...I do think C8s are a bit overhyped and overpriced by about 10-12k in all honesty. And I'm 50ys old and have bought all my Vettes and hand detail and do cosmetic and mild performance mods. I am a cool chic & know my cars pretty well. 😎🍸🥃
I think they are very expense for me for sure I’m blessed I have a 1999 c5 Conv torch red I have for over 14 yrs with 65,000 always garage n under the sheets so far never been in rain Still fingers crossed on that one n she’s never did me wrong I gone a long way with mods I get a lot of compliments and head turning Very happy to be part of the 5th generation btw the rear enigine kills Me on that car WTH ! GM 😮
Honestly for what the car is capable of compared to other cars including exotics, it is a relative bargain in my opinion. However, I'm perfectly happy with my 04 Z06, and I honestly don't desire a C8, they have yet to fling a craving on me and I don't think they ever will, I like to row the gears and without that option I have no interest. But yes, still a lot of car for the money.
Lyle, relatively speaking, I doubt that many pure base Corvettes are sold, at least in comparison to fancier models. Designers have decided that we need performance and luxury, and they've done a pretty good job with both in the C8, but neither comes for free, even in the plainest versions, for which $60K is probably a fair price.
I have a friend near my Location. He have a little Corvette Collecion. Once i asked him, when he bought his first C2 Corvette. He anwered 1987. And me: Wow, i think back in the Days, in the mid 80s the C2 was cheap and easy to buy. And he looked at me, and say: "That is not true. This Car was never cheap and easy to buy". I think, Corvette was always Top of the Cars, and Expencive.
Having driven a C8, C7, and C5…. I can safely say that in my opinion it is completely worth the price for the performance you receive. It is still however, just too far outside of my financial reach as well. I am personally hoping that the multitude of models coming out will allow the base model to come down a bit in the pre-owned market, and become a bit more obtainable.
It's expensive, but I pulled the trigger on a low miles used 21 Stingray anyhow. 3LT, Z51, HTC, FEL, non-mag ride, red mist. Still cost less than a new 24, 2LT, HTC, NPP, FEL. I love my C8. I traded in my low miles 2011 C6 GS so the delta was not crazy. It is still the best bang for the buck you can get in a semi-exotic super-car.
When we discuss dealer markups above MSRP.... if people refused to buy the cars at these prices then they'd have to eliminate these add ons. Unfortunately, most folks in this country want instant gratification and they'll pay these insanely inflated prices, and dealers know it !
Thank you for your information ,i feel with a car strike happening ,insurance rates fuel besides repairs to the C8 for me its a pipe dream i own a 2019 C7 but would love to have a C8
Im actually on the opposite opinion here, i think the c8 is the best value the corvette has ever been! Think about how much car you get for the money compared to how much you used to get. Base for base look at say a 98 base vs a 23 base, you get a significantly better performance value, id say well over 100 more features, and improvements all while being a similar income to price gap. There’s something to concider. Alot of the best corvette’s were just a engine, two seats and a body when you boil it down
Considering the C8 is a much better design than previous generations, we get much for our money than before. That said, still cannot afford one myself...
I have a 2020 Z51 coupe 3LT and a 2021 convertible hard top 3LT and I feel they are a bargain for what you get. It would cost at least 2 to three times as much to buy a comparable sports car brand from across the pond. I absolutely love the C8. Best sports car I’ve ever owned. Best car period that I’ve ever owned. Dealer markups on the Z06 and ERay are outrageous and will end up biting the dealers and GM in the butt.
This year was a very high, over 50k, but not quite a record production year. Someone is buying them. I actually do not want one. Still not even warmed up to the C7 taillights. To me the C6 is king.
That’s very interesting and informative… I didn’t know that’s how they priced corvettes. Now they have always been expensive but affordable as it should be because they are a special car. Corvettes are a lot of car for the price. And they hold their value good. It’s not exactly a Honda or Kia. However with all those dealer markups, they are no longer affordable. It’s too much for a base model now. I like how you included current expenses that I really don’t think about. Made me laugh a little because all of those things are on auto pay. But it does come out of my median pay and there’s now less disposable income. I’ll stick with my gorgeous C6. Thanks for sharing.
Still shopping for a corvette, love the C7 but found I’m to tall to fit in comfortable, haven’t tried a C8 yet but I believe it’s too expensive, C5 and C6 looks more affordable but yet the banks don’t want to loan much on these cars because of age
Hi, Today Sunday 9/24, I just returned home from a local Corvette show held in Prescott Az, sponsored by the Prescott Vette Sette. First (a comment from last weeks video..."Is there a split") from my conversations with the 300-400 corvette enthusiasts, there was no split opinion about about the C8 Corvette. There was a lot of C8s, as well as every other generation...of course everyone has there favorite. Bottom line consensus...it's a Corvette and a "Barrel of Monkey's" to drive. For me it's, Good by C6 hello C8. Fast forward to the present...I have a 2024 C8 on order and did not pay any markup. I do not have a TPW but I'm at 3000 status. I ordered a base model with 1 option, NPP. The $69k price is a deal, in my opinion, when looked at from the price to performance ratio. As Lyle pointed out, the price is in line with the average yearly salary. So if it's too expensive...all things considered...cancel all the social media expenses...and get out and drive a Corvette...Best Regards to all.
I haven't bought a NEW Corvette, since my 1969 coupe. The newest Corvette I own at the present time is a 2007 C6. I bought the car when it was 3 years old, for $32,000. The sticker price when it was new was around $60,000. So I'm willing to wait a couple years, after a new model comes up, and pick up a Corvette in great condition for a much lower price. With the introduction of the C8 that plan (at this point in time) doesn't work anymore. Because of the demand for the C8, the price of used C8 has come down very little. So yes, I would like a C8, but no, it is much to expensive for me now. It's still the best bang for the buck, compared to other super cars, but its not the "working man's Sports Car" anymore.
I think if Bowling Green would have produced the amount of money that they planned that would have probably kept the price stable and not gone up as much but unfortunately due to covid supply issues have really hurt production, which I think was always the key to maintaining a stable price.
YES!! I spent the last 30 years of Corvetteing saying I was going to buy a new one once in my lifetime. That ship has officially sailed. I now fully understand that I own the last Corvettes I’ll ever buy. It sucks that the dream is dead, but it’s reality.
NO! The C8 is not overpriced. Yes, it's too much for me. I own a C7 & a C5 and can't afford to buy yet another. But what you're getting for what you're paying is totally worth it! You're getting what Zora Duntov always pushed for. A super car, at an affordable price! Vette lover's know.
Corvette has always provided the best bang for the buck among super cars. The real issue which takes the C8 out of reach of working Joes is maintenance. I maintained my 58 and 69 easily by myself. C8 not so.
Man I make 120k a year and I'm not trying to make a mortgage payment on a car. I'd love to have one but it's a good 15k over priced I think
Having been a Corvette fan since I was a small child, I own alot of literature about each generation. After alot of encouragement from my oldest grandson a few years ago, I finally decided to purchase a Corvette. I looked into purchasing a C8 Stingray and had even decided on the Torch Red color for it. In the end, I decided not to get on a waiting list for the C8, but instead I purchased a Torch Red C6 Grand Sport with very low mileage. A C8 Corvette is still alot of bang for the buck even at $100k, but in the end I went for the $40k C6 and have had no regrets. I'll still probably purchase a C8 Z06 when it's not so difficult to get one since my grandson has decided that he wants my C6. I'm starting to think that was his plan all along.
Yep...his plan all along...smart grandson.
Exactly what I did only I bought a silver C 6 GS.
Your grandson knows his papa well. 😂 😂😂
FYI - A buddy of mine did the same thing and gave his grandson his GT car. His grandson loves the car and respects it because of this. Your grandson may do the same with your Grand Sport.
Better your grandson get it then a stranger or someone that doesn’t appreciate it👍🏽
The C8 is to rich for my blood..plus my wife will loose her mind, lol...😅
one other factor I think needs to addressed.... when it breaks (and it will) I bet the $$ is takes to fix will probably be an interesting curve.
My I add, A dealership that has trained tech. staff who can service your 90.000 corvette. Yea they sell them BUT. But that could be any 90.000 car or truck. In my neck of the woods, they have about 4 different chevy dealerships. Most Have one for sale. The people in the Corvette group that have C8's Have to travel way out of town for service their cars. One guess why
I have a couple issues with the C8 corvette. The base price may be somewhat affordable, but I think a lot of older Corvette owners look at the C8 and think about maintaining a car like that. The older cars a good mechanic could maintain and that has a lot to do with affordability now. Most people do not have the specialized tools and equipment , or knowledge to repair or maintain a car like this. Dealers charge a fortune to repair or maintain these cars. I think the C8 corvettes are for the elites now, even though the base price may be obtainable for some people. Inflation is also a big factor. I dont know what a warranty is on a C8, but I know in the 1960-70s .I believe the warranty on a new corvette was much better. Many factors come into play now days, like food, housing, utilities, fuel, etc.
It was priced right at 55k for a base car when it launched. The problem then became dealer markups killed that good idea. Now it is 75-80k and there are still dealer markups so absolutely.
Base price is okay but it quickly escalates to be expensive. Z-51, mag ride and performance exhaust and 2LT trim starts to get up there quickly
How much would this balloon up to?
@@WarriorsPhoto It’s been a while since I’ve built and priced one on the website but as I recall, just a 2LT with Z-51, mag rider and the exhaust, would bump the price $15-$20k
@@richarddobreny6664 I can see how that would make it expensive for a lot of us.
Thank you for sharing.
In 1963 adding A/C, power windows, upgraded tires, suspension, brakes and cooling, am-fm radio, tinted glass, head rests & other interior comfort items, etc. etc, would quickly jump the base price 25-30% or more. So there’s no sense in complaining about cost of options. One can always jack the price up checking all the boxes, it’s what all car manufacturers want you to do.
The C8 is a deal when you consider it's competition - european mid engine exotics - Ferrari, Lamborghini, Bugatti, Porsche, etc. that cost twice as much! A new loaded American pickup will cost you close to $70000.
One big difference is the cost of options. In 1972 my total options were less than $1,500 loaded. Today the C8 options can double the base price! You definitely get more, but that is a big difference. My annual income today is about the cost of a C8 spec'ed out nicely, but no way I could afford one. The cost of almost everything else has skyrocketed the past couple years and no end in sight. Most of the things I buy for my daily life and business are up 200 to 300%. Bowl of pasta at the restaurant today was $28.00 + tax + tip + packaging fee - same pasta at the same restaurant three years ago was. $11.50. My home insurance went from $2,400 last year to $5,600 this year! All I do now is work to pay taxes, insurance and eat - nothing left over after business expenses.
Even the base C8 is nicely appointed.
I bought a new 2021 C8 convertible, 3LT, Z51, mag ride control, front end lift, competition sport seats, upgraded wheels, museum delivery, etc, etc., and it was under $100k. A tremendous value in my opinion. By far, the best car I have ever owned.
I was truly surprised at those prices. I thought that the C8 was more expensive than that. I still think they are over priced. I will stick with my 2 C5's and my C4. Good video, as always.
F ya!❤
I'm in Canada, I know the topic is not about the C8 Z06/Z07 package but I want to say it anyway, about 10 months ago I called a dealer for an allocation he said it was a 5-10 year wait for a Z06 and with the limited online prices it would run around 190-200K CAD(No dealer mark up!). For a little more you can get a pre owned Lamborghini Huracan. I'm saving up for an H.
I think the C8 does give you a good bang for your Buck but I also think the average corvette buyer is unable to do ant maintenance on the car because there so technical so that’s another cost to consider. I have a C6 Grand Sport and love it. I’m part of the divide I just can’t warm up to the C8. I also have a C3 so those 2 are all I will ever need or want. Great video great research Lyle.
Thankyou for putting all the costs in perspective
The comparison was helpful. Household expenses in general have continued to rise e.g. insurance - all forms, medical costs, energy costs, etc. The median income today is spread fairly thin across the board. It's all working together to make discretionary purchases harder to afford. Thanks for the information Lyle.
If they get rid of those ugly tail lights and go to the ROUND Corvette ones - that's when I will consider buying one.
I think the base C8 is too expensive for me. I guess I’m old school because I still prefer a front engine rear drive car. My first Corvette was a 1969 C3 convertible that I purchased in 1970, shortly after separating from the Army. I recently purchased my second Corvette, is a 2016 C7 coupe from a couple who just got a new C8. The C7 is vastly different than my C3, very complex car but very much a fun drive.
Good job Lyle!
What was the average "disposable income" and what was the average dealer markup over sticker price at the introduction of each generation?
I think those numbers might give a better overall picture.
Damn, I am so poor and make so little that it would be a cold day in hell before I could afford a used Vette nevermind a new one, but I can still dream. Love your videos
New vettes are cheaper than used vettes right now. Crazy!
Never say never
Great video Lyle, exactly my thoughts. Here in Germany, they are all over 100K. Nice seeing you a week ago! Vlad and Roxy :-)
I am surprised also.
The base price is okay. The accessories are too expensive.
C8 is still an incredible value for the performance it offers. My dad had a '92 ZR-1 and an '03 convertible and last month we were talking about Corvette value... My 2021 C8 was about $15k above what he paid for his ZR-1 (30 years ago!!!), and $25k over his C5. We both agreed the C8 obiterates the cars he had for a price that's in-line considering inflation.
In Canada, exchange rate kills us and GM Canada marks the cars up over exchange. As well some years base equipment is different. Adding cost. For years a base Canadian car was a one up package on a US car.
The base C8 is a bargain for the performance it offers, and adjusted for inflation it is no more expensive than other recent generations. I think they have it just right, and there were people when the other gens came out that complained they were too expensive too.
Great video Lyle. I’m still on the fence with the C8. It doesn’t help that the dealers are marking them up so much. I’ll stay with my C7.
A lot of dealers are selling the Stingray at MSRP, you just need to call around. Wait times are a lot shorter now too, though the UAW strike could screw that up.
I’ve seen dealer markups for the new Zo6 putting them at $200k+. I would rather have a Mclaren or Lambo for those prices.
Great video Lyle. To expensive for me. I think a couple things about the c8. Yes dealer markups also they don’t let you test drive or sit in them to get a good feel of the car and that’s super important to a potential customer. That puts it in the elite status. I think that alienates the driver potential of purchasing a corvette. No thanks. It’s a Euro look alike. I’ll stick with my c3 convertible stingray. Happy though for those that can afford one. Enjoy!
Having payed for a plumbing, roofing and other construction work over the last year, I believe that those who are independent contractors definitely can afford a base C8, and probably a Z06.
I’m 56 and could afford a C8 right now, because I’ve been kicking my ass workin for 40 years, but as a GenX’er I went out and bought a 91 C4 ZR1 with 9k miles for 1/2 of a new C8. Got a C7 and a C3 as well. C8 doesn’t interest me. For performance vs price tho it’s the best! That’s a younger Gen car and im ok with that. Cool car but im out.
I feel like the car companies are ricing out the cars and tryna to take over that market share of body kits and aftermarket. it’s just too much greed
The C8 is not overpriced; however, the dealers overprice them with what they call market adjustments brah
As a C8 owner, I have ZERO regrets on my purchase. This is my fourth Corvette: C4 (1984, you never forget your first), C6 (2012 GS Centennial Edition convertible, still own it, my wife's daily), C7 (2017, loved it, but traded it on my C8), and my current C8 (2020, fully optioned, 3LT, Z51, mag ride, front lift, etc.). The C8 is an amazing car, and considering what its performance is on par with, the C8 is a complete bargain. I can't walk away from it without looking at it. I grin ear to ear every time I start it and all the time I'm driving it.
Yes, with an advertised starting price of 60k but I’ve yet to see one below 90.
My 7th Corvette (21 2LT Z51) but only my 2nd new one. Retired, Kids grown, house paid and things are comfortable but almost 80k felt like way more than my new 79 at $12k. I think you hit it with all the additional expenses involved. The other big consideration is it’s value continues to rise so it’s almost like money in the bank but way better as I can actually enjoy it. That’s my 2 cents anyway.
Money in the bank? No lol. Reply back in three years.
@@Ts-zy4bw yes, money in the bank! Recently sold my 65 for $11k more than I paid after 5 years of ownership and pure enjoyment. My 21 is up $5k in 2 years. Sorry If you’re not enjoying the increased value while enjoying your Corvette.
Yes, Yes, Yes, I am most likely to purchase a C5 ZO6 for $35K CAD, I have little interest in a C6 for $50k or a C7 for $75K. I would go to the bank for a C8, I love them so much. Note CAD is Canadian Dollars, I’m near Toronto.
Big difference between INCOME and EXPENDABLE income, which is way less than it used to be…also consider housing, college, and health care costs have skyrocketed.
A reasonable and well made video. Kudos.
Yes it is. I'll keep my C5Z and C6Z.
The mighty C8 beats most Euro cars that cost twice the price! “No” it’s not overpriced 🇺🇸
Lyle, l am 75 and retired, l have always bought pre owned corvettes c6 and c7 and l always buy base models then add what l want on my corvettes, up here in Canada it’s a 2 year wait or more for a c8 and lam on the list and lam ordering a base model, l do not think the new c 8 is over priced for what you get and don’t forget the price up here is 12,000 more for a base model, love your podcasts keep up the good work.😊
Bravo. Good to know.
C8's are out of the question for me, just not a fan. I am keeping an eye out for a late model C7 Gran Sport, and keeping my '99 Coupe as well. Great post as usual Lyle, we appreciate you!!
I remember as they were wrapping up the production of the C7s that you were a really shrewd negotiator, that you could get out the door with one for $40,000, give or take a few hundred dollars. And when Chevrolet announced the MSRP for the 2020 at $60k for the base stripper model, it seemed like a fair and appropriate price. But it was impossible to find them, or order them at that price. And we're now in the third year of production, the MSRP has gone up $6,000, and as I'm sure you're aware, in the Tampa Bay area dealers are still slapping a $10,000 market premium on this car even if you try to order one.
The fact is, at $75,000, I can get a Tesla Model S (not the plaid) which is as fast in the 1/4 and can carry four people. I can get a CT4-V Blackwing, which has a higher top speed, equally as luxurious, and is an objectively better daily driver. I can get a Hellcat, which is also a better daily driver and faster than a C8 from a roll. I can get a slightly used Lexus LC500 which is a better daily, significantly more luxurious and much much better looking. I can get a new Golf R and have $30,000 to spend to make it faster than a C8. Or I could buy a C5, C6 or C7, retain all of the prestige of owning a Corvette, and still spend tens of thousands of dollars less. If I want to have something mid-engined, I could even buy a Fiero for $5,000 and have $70,000 to take to a speed shop and turn the thing into just about whatever I want it to be.
If you can get one at MSRP, the C8 is still a performance bargain. But as long as you have to deal with the dealer tax, there are just better options out there.
Right? Who pays MSRP? The C8 has turned into a flip for profit vehicle.
I think the big difference is in the price of options. In earlier model years the options might add another 20% or so but now it is easy to double or more the base price. Then add on the dealer gouging and it gets downright painful and out of reach.
Firstly, I enjoy and learn from all your videos. Thank you! Your analogy of average income versus Corvette prices over the years was very interesting. Today and back then the average income individual (that’s me) has a list of priorities. House, kids etc. So the Corvette for me never got up that ladder high enough until I retired and then the 40th Anniversary (used) came into my life. Two years ago I replaced it with a C-5 Convertible. I am very happy.
The C-8 base and even with some options I’d say is worth the money when compared to other performance cars like Ferrari etc. I still can’t afford a new C-8 so glad to tell you I love my C-5.
One more point. I mentioned to you once that my personal feelings about the C8, as great as it is, has lost its visual appearance of the “American Sports Car”. So I am not in any pain not being able to afford one. 😊
Love this Channel Lyle! Let's take a look at inflation too. My 2000 C5 convertible was about $53,000 fully optioned new Now, let's look at inflation. That same C5 in today's money is $94,500!! It's amazing how much inflation has gone up in 23 years!
I guess not, GM is selling them as fast as they can make them so I guess that the public has accepted the base price
The dealers buy them, so of course. This is no different than ever brand except Tesla.
I can't afford one either and I was able to afford a 2001, then 2003 brand new Z06 at the time.
You touched on it, but there is a lot more competition to take our dollars than there was.
I think the C8 Stingray is fairly priced. It has a lot going for it for a semi-exclusive automobile. It's very difficult to recover your engineering and manufacturing costs on a somewhat low volume car, and GM is doing a remarkable job with that.
I don’t think the C8 is too expensive. One thing I think makes it different is the prior models all were priced so what high ( I’E , the c6 and c7 ) , but their was always an incentive helping to lower the price . Today , most are all list price ( or more ) and you can’t even go test drive one before buying . Today’s technology is expensive , and availability remains scarce .
Great info as always Lyle. My knee-jerk reaction would have been yes, but after listening to this, pricing vs median income actually seems to be in lock-step with the previous generations. Wonder if a comparison of priciest model available for each gen also was commensurate.
C8 is just another arguement for me. My wife thought i was going to leave her for a model when i bought my c6. 😂 that was 2 years ago. Hahaha. I love them both. 😁 hahaha. Great video.
Your absolutely spot on, The cost of a corvette is primarily the same as it always has been, compared to any generation vette, vs median income. However back in the 70's 80s and 90's you could fill your car with groceries for about 30 bucks, compared to today its over 100 bucks. avg Mortgage in the 80's was about $300 bucks compared to todays avg over $1200.00
So your absolutley right that the price of a corvette hasnt gone up that much, but everything else has. "except wages"
Yes it is. You can buy the Mustang Dark Horse starting at 63k. They are getting greedy. IMHO
The base price is one thing, even without dealer markup’s you have to add on delivery, taxes, registration etc.
Interesting to learn, and thanks for researching that. I do believe that the outside expenses play a significant role in our ability to buy a high end automobile, Corvette or not. But as was discussed in your previous video, the number of younger folks buying C8's is significant. I struggle to believe that they all have the annual salary to accommodate that purchase. I have to wonder how many C8's have been financed, what the average amount of the financing is, and how many have been repossessed. Rates are up significantly now and I wonder how that has impacted C8 Sales. Seems to me that there's a lot of C8's available on the new and used car market, while its very challenging to find a C7 Z with less than 20k miles for under $75k, especially a Manual.
Overpriced? Definitely NOT. Where else are you going to find a mid engine sports car that even comes close to the track performance of a C8 for less than 100,000? Or a car with the performance of a Z06 for less than 200,000 and still be comfortable enough to drive on the street?
I was lucky enough to get a 2020 c8 in October of 2020. I drove it off the lot, including taxes for around $74,000. LT1 with z51, magnetic ride control and some other small options. A lot of money then, but still a bargain, before inflation really took off! The car is phenomenal, nicest car that I have owned!
What’s a C8 LT1 “Mr Corvette Owner”? 😂
@Ts-zy4bw 1LT, hope that makes things right!
@@Ts-zy4bwDid you wait an entire month to jump on somebody for a typo, in order to prove that you are the true "Mr. Corvette Owner." Get a life buddy.
If they are not piling up unsold at the dealership the market says they are not too expensive. As an owner I have no regrets in owning a C8. I love the car. It is a leap above my C7 in performance and I am proud to own it.
A base model C8 at ~$60k without dealer gouging is theoretically possible but super rare.
YES especially in Canada
Yes , especially with the wait time
I wish I could find a Corvette for the base price that you quoted here in the California Bay area
cheaper than buying a pickup truck
There's another way to look at it: What do you get for the money spent? In 1969 I bought a new Corvette convertible for $4700. In today's dollars, that would be about $37,500. It came with 350 hp, 4 spd rock-crusher transmission, twitchy Rochester carb, sometimes air sometimes not, AM/FM radio, rattles, squeaks, skinny tires, no power brakes, no power steering, inquisition seats, and a leaky top. (I still have that car, by the way.) You get so very much more in the C8 that it's not even comparing the same species. Should compare against a current $$$$ Eurocar. C8s are definitely a bargain --- even if I personally cannot afford one, I'm happy for those that can.
I just got my C8 this summer. I waited 17 months to get it at MSRP. I got a 2LT. I find it to be a steal for the money. It’s a completely reworked car from previous generations that is very refined and FAST. My list price was $81k. That’s the same price as a lot of full sized trucks now…
I'm just commenting to trigger the UA-cam tracking algorithm so that perhaps the man can afford the C8 he wants someday, because I value this channel.
the question is not for me. Unlike most corvette buyers, I bought a used C5 for value and efficiency rather than speed, and a convertible top that goes down without any visual obstruction.
I learned that GM is not bashful about asking for money when I attended a corvette club meeting at a dealership and saw a "special edition" Louis Chevrolet C6 on the showroom floor for $110,000, that seemed to be nothing more than a graphics package . I didn't really check deeply for options, that price was kind of a stopper for me.
As a carpenter I once knew commented about a friends older jet boat, , " there are just so many things to buy in this world". The old small block chevy boat ran out just fine.
Algorithms. Lol. Now you are speaking Lyle’s language. 😊
Base price I probably could swing it but adding the options I would want puts it out of range for me.
No.. It’s still a bargain in the world of $100k pickups
GREAT TOPIC. I WOULD BE CURIOUS ABOUT HOW MANY C8 ARE LEASED. THIS WOULD DRIVE THE COST OF OWNERSHIP DOWN.
The base c8 is right at $60k but with regular options it gets too expensive going all the way to almost 100k
Most people would be happy with the base car. The options are nice, but not necessary to have a great driving experience.
If you adjust for interest, Corvettes have been pretty consistent in terms of MSRP for the last 30-40 years. The problem is lagging wage increases, dealer markups, and the shitshow that is the housing market.
I have a '17 Z06 vert twilight edition manual...blast to drive/raw/edgy. My 6th Vette. Whilst still paying on it I got tempted by the C8 hype. So #7 was white, body colored nacelles & mirrors, with yellow calipers and interior yellow stitching..also stripes on hood. Pretty car! Overpaid some for this '22 Stingray HTC.. loaded with 675 miles. I learned I needed major dental work a month after I bought it so sold (for a hefty loss). Stingray is cool no doubt, garners attention, is customizable/Z mode etc but having had manuals for years and not being into paddle shifting..it felt odd to not have a manual. I honestly from an aesthetic perspective realize a widebody is the only look that'll make me happy after having a C6 GS vert and my C7 Z06 vert. Stingray isn't 'enough' per se. Also it occ had a delay is shifting when in regular drive mode. I had a '22 BMW M40i Z4 and I never noticed delays with it. It made me rather enjoy an auto, sans any paddle work. So, the trans in the C8 isnt perfection unless using paddles I'd wager. So all in all...I do think C8s are a bit overhyped and overpriced by about 10-12k in all honesty. And I'm 50ys old and have bought all my Vettes and hand detail and do cosmetic and mild performance mods. I am a cool chic & know my cars pretty well. 😎🍸🥃
I think they are very expense for me for sure I’m blessed I have a 1999 c5 Conv torch red I have for over 14 yrs with 65,000 always garage n under the sheets so far never been in rain Still fingers crossed on that one n she’s never did me wrong I gone a long way with mods I get a lot of compliments and head turning Very happy to be part of the 5th generation btw the rear enigine kills Me on that car WTH ! GM 😮
Yes, definitely! The operating idea has gone out the window.
Honestly for what the car is capable of compared to other cars including exotics, it is a relative bargain in my opinion. However, I'm perfectly happy with my 04 Z06, and I honestly don't desire a C8, they have yet to fling a craving on me and I don't think they ever will, I like to row the gears and without that option I have no interest. But yes, still a lot of car for the money.
Lyle, relatively speaking, I doubt that many pure base Corvettes are sold, at least in comparison to fancier models. Designers have decided that we need performance and luxury, and they've done a pretty good job with both in the C8, but neither comes for free, even in the plainest versions, for which $60K is probably a fair price.
I have a friend near my Location. He have a little Corvette Collecion.
Once i asked him, when he bought his first C2 Corvette. He anwered 1987.
And me: Wow, i think back in the Days, in the mid 80s the C2 was cheap and easy to buy.
And he looked at me, and say: "That is not true. This Car was never cheap and easy to buy".
I think, Corvette was always Top of the Cars, and Expencive.
Yep too expensive. Signed Riff & Raff
Having driven a C8, C7, and C5…. I can safely say that in my opinion it is completely worth the price for the performance you receive. It is still however, just too far outside of my financial reach as well. I am personally hoping that the multitude of models coming out will allow the base model to come down a bit in the pre-owned market, and become a bit more obtainable.
Base, no, options, yes, dealer markup, extreme yes!
It's expensive, but I pulled the trigger on a low miles used 21 Stingray anyhow. 3LT, Z51, HTC, FEL, non-mag ride, red mist. Still cost less than a new 24, 2LT, HTC, NPP, FEL. I love my C8. I traded in my low miles 2011 C6 GS so the delta was not crazy. It is still the best bang for the buck you can get in a semi-exotic super-car.
When we discuss dealer markups above MSRP.... if people refused to buy the cars at these prices then they'd have to eliminate these add ons.
Unfortunately, most folks in this country want instant gratification and they'll pay these insanely inflated prices, and dealers know it !
They're all automatics. It doesn't matter about the cost. That is just not acceptable. The enthusiast market has truly been abandoned by GM
Every car available for sale today is too expensive.
Thank you for your information ,i feel with a car strike happening ,insurance rates fuel besides repairs to the C8 for me its a pipe dream i own a 2019 C7 but would love to have a C8
I think the price is okay but, to expensive for me.
I just bought a C8 Corvette MSRP was $93,000 even at that price it's a bargain. Best Corvette they'll ever made
Im actually on the opposite opinion here, i think the c8 is the best value the corvette has ever been! Think about how much car you get for the money compared to how much you used to get. Base for base look at say a 98 base vs a 23 base, you get a significantly better performance value, id say well over 100 more features, and improvements all while being a similar income to price gap. There’s something to concider. Alot of the best corvette’s were just a engine, two seats and a body when you boil it down
You are not alone.
Back when I was working, new Corvette pricing was OK. Now that I'm retired, the C8 is out of my range. That's life.
Don't let retirement stop you I'm retired and I have a C8
Considering the C8 is a much better design than previous generations, we get much for our money than before.
That said, still cannot afford one myself...
With all the money I’ve dumped to fix my C6 I might as well ordered a C8 😂😂😂
What issues did you have?
@@jaedin716sw all the issues 🤣 harmonic balancer, radiator support bracket, slave cylinder/clutch, a slew of electrical problems and it never ends 🤣
I have a 2020 Z51 coupe 3LT and a 2021 convertible hard top 3LT and I feel they are a bargain for what you get. It would cost at least 2 to three times as much to buy a comparable sports car brand from across the pond. I absolutely love the C8. Best sports car I’ve ever owned. Best car period that I’ve ever owned. Dealer markups on the Z06 and ERay are outrageous and will end up biting the dealers and GM in the butt.
This year was a very high, over 50k, but not quite a record production year. Someone is buying them. I actually do not want one. Still not even warmed up to the C7 taillights. To me the C6 is king.
That’s very interesting and informative… I didn’t know that’s how they priced corvettes. Now they have always been expensive but affordable as it should be because they are a special car. Corvettes are a lot of car for the price. And they hold their value good. It’s not exactly a Honda or Kia. However with all those dealer markups, they are no longer affordable. It’s too much for a base model now. I like how you included current expenses that I really don’t think about. Made me laugh a little because all of those things are on auto pay. But it does come out of my median pay and there’s now less disposable income. I’ll stick with my gorgeous C6. Thanks for sharing.
Still shopping for a corvette, love the C7 but found I’m to tall to fit in comfortable, haven’t tried a C8 yet but I believe it’s too expensive, C5 and C6 looks more affordable but yet the banks don’t want to loan much on these cars because of age
Yes house on wheels LOL….our C5 does the trick just fine still😊
I bought a 2020 C8 it’s a 1LT with Z51 and black wheels I waited 13 months for it bought it for 66,400 white red interior
Hi, Today Sunday 9/24, I just returned home from a local Corvette show held in Prescott Az, sponsored by the Prescott Vette Sette. First (a comment from last weeks video..."Is there a split") from my conversations with the 300-400 corvette enthusiasts, there was no split opinion about about the C8 Corvette. There was a lot of C8s, as well as every other generation...of course everyone has there favorite. Bottom line consensus...it's a Corvette and a "Barrel of Monkey's" to drive. For me it's, Good by C6 hello C8. Fast forward to the present...I have a 2024 C8 on order and did not pay any markup. I do not have a TPW but I'm at 3000 status. I ordered a base model with 1 option, NPP. The $69k price is a deal, in my opinion, when looked at from the price to performance ratio. As Lyle pointed out, the price is in line with the average yearly salary. So if it's too expensive...all things considered...cancel all the social media expenses...and get out and drive a Corvette...Best Regards to all.
I haven't bought a NEW Corvette, since my 1969 coupe. The newest Corvette I own at the present time is a 2007 C6. I bought the car when it was 3 years old, for $32,000. The sticker price when it was new was around $60,000. So I'm willing to wait a couple years, after a new model comes up, and pick up a Corvette in great condition for a much lower price. With the introduction of the C8 that plan (at this point in time) doesn't work anymore. Because of the demand for the C8, the price of used C8 has come down very little. So yes, I would like a C8, but no, it is much to expensive for me now. It's still the best bang for the buck, compared to other super cars, but its not the "working man's Sports Car" anymore.
I think if Bowling Green would have produced the amount of money that they planned that would have probably kept the price stable and not gone up as much but unfortunately due to covid supply issues have really hurt production, which I think was always the key to maintaining a stable price.