Corvette Z06 Forum banner

1 - 9 of 9 Posts

·
Registered
Joined
·
7 Posts
Discussion Starter #1
I still have yet to buy my Z06. Whether it is a 2001 or 2002, how much room is there to haggle, i.e. how much should I pay for the car??
 

·
Registered
Joined
·
345 Posts
There are some really good deals being posted on '01 Z06 right now as the new model is being made. I think you could get at least $4k off a $48K+ sticker as a starter. They have about $6.5K profit on the invoice built in. A lot of owners are paying MSRP on the '02 models but some have negotiated a $1K discount depending on the dealer and waiting list. All the best to you and your negotiating skills. FYI, I paid MSRP on my MY '01 and have been EXTREMELY happy that I got mine.
 

·
Registered
Joined
·
7 Posts
Discussion Starter #3
Ok- thanks very much- I have a car which lease runs out on 8/8/01 but can afford to rent a POS until the 2002's come out unless the wait is ridiculous- therefore if I do the 2001 then I will haggle more with your insight in mind- -thank you.
 

·
Registered
Joined
·
1,058 Posts
There is a lot of demand for the Z06 so the conventional ideas of bargaining for one don't always work. There is about $6000 between dealer invoice and MSRP on a 2002 model. Some discounting takes place, but usually from smaller dealers where the wait for a car may be long. In california dealers are asking MSRP + $5000.

There will be some terrific buys here on the Forum as 2001 owners buy 2002 models.

Good hunting! jerboa /phpBB/images/smiles/icon_smile.gif
 

·
Registered
Joined
·
2,159 Posts
It can be frustrating on a Z06 because the car is hard to find and there is seemingly more demand than supply. That always works against the buyer. However, it is also a matter of market timing, economic conditions and location. Sometimes things can be more in favor of the buyer. None the least of which is not having to compete against other buyers for the same vehicle.

It's like buying a house. The real estate market can often be what is known as a "seller's market". I think that is a lot like what we are seeing with the Z06.

Also, as "used" Z06s get put up for sale, this should help to keep prices down a bit.
Up until now though there just have not been very many cars for sale, new or used, and too many people trying to buy them. In short too much competition and the dealers are taking advantage of us.

Here in N. CA, as Jerboa said, dealers are really gouging us big time. I'm glad to see that there are a few of us going out of state to buy these cars. It's a bit more
of a hassle, but it serves our local dealer right to be aced out of the sales. Greedy
dealers, IMHO, should not be rewarded by us having to pay such high markups over MSRP.

The Z06 is a great car and even at marked up prices can still be considered a lot of B4B given other cars with any where near as much performance.

Probably, the best bet right now at the new model year transition point, is finding a leftover 2001. Maybe haggling will get you
a discount under MSRP but such "deals" are
still not so easy to find. You'll have to invest a lot of time and energy into the effort to find a "good deal".
 

·
Registered
Joined
·
619 Posts
Yeah,
But some fools still want MSRP for an 01' Z06. I don't know who will buy them because they have been on the lot for more than a month now and a few months ago the a Z06 wouldn't even last past a day or two. Oh well!! /phpBB/images/smiles/icon_smile.gif /phpBB/images/smiles/icon_smile.gif /phpBB/images/smiles/icon_smile.gif /phpBB/images/smiles/icon_smile.gif /phpBB/images/smiles/icon_smile.gif /phpBB/images/smiles/icon_smile.gif
 

·
Registered
Joined
·
2,159 Posts
There is a dealer in Sacramento trying to get $13k over sticker and the cars (6) as of a month ago, all have more than a few miles on them. Those 2001 Z06s will be on that dealer's lot FOREVER at those prices.

Attempting to buy these cars from dealers in Northern CA sucks!!!
 

·
Registered
Joined
·
2,343 Posts

On 2001-07-09 01:11, dsinned spewed forth this drivel:
There is a dealer in Sacramento trying to get $13k over sticker and the cars (6) as of a month ago, all have more than a few miles on them. Those 2001 Z06s will be on that dealer's lot FOREVER at those prices.

Attempting to buy these cars from dealers in Northern CA sucks!!!
Why not look where the dealers will deal, and drive it back as a vacation, or have a courtesy delivery through a local dealer?

With the 2002's coming on the lots soon, The dealers will be definitely want to unload the 01's. Soon their floor planners will want them to pay down the loans on these year old cars and those dealers who are cash poor will move the stock ASAP to avoid this. You could probably get them at dealer cost (which would give them a nice profit due to the holdback).

- A former dealer
 
1 - 9 of 9 Posts
Top