1LTs usually get low balled., but an MSRP offer is quite good. Was $72k near that? The pandemic used value bubble is over now and C8 Stingray production is up.
Msrp was like 69k from one of his past videos I believe. I think what brought the cost up to over 80k out the door was warranty and some other type packages that he had gotten
Never let these guys drive off in your vehicle for an appraisal lol. 99% of the time they just go for a joy ride, or park it around back and go back inside for a while. They already know what they want to offer the second they see it.
Mark our stories are so similar it’s crazy. I got my C8 a few months ago also planning to put it on Turo. The decion wasn’t impulsive but I should’ve shopped around a bit more when it came to finding the best interest rate. I think we even have the same interest rate. They’re great cars, so if you can find a way to make good income from Turo, it can offset the cost and you can try refinancing for a lower rate.
Hyped about some fire sales around the corner once those federal student loan repayments start kicking in (Estimated 10s of millions borrowers forced to start paying a monthly average of $400-500 a month) on top of these once again high interest rates there will be fire deals on luxury vehicles.
That's the market man, times have changed. You have dealers asking for MSRP now, time for the Vette boys to understand that their cars are have now depreciated to the point that they aren't getting the total money they want. Oh and they will be sitting on their Zo6s for a long, long time. ROFL.
I can promise you C8s will hold their value better than any other domestic sports/muscle car. Like all the Corvettes before it have done and continue to do. You can’t even get a C7 Z06 for less than 60k to this day. They came out in 2015 😂
The monthly FINANCE CHARGES will NOT go down even if you pay down principal. You have to refi in order to have lower finance charges, hopefully at the same APR or lower, assuming same terms (months).
Just traded my 2023 1lt to a dealership in Washington, Michigan a few weeks ago. They gave me 71k. Safe to say market is evening back out. Z06 price is still outrageous nonetheless..
Their confident some idiot will one day come through that door and let them use them up and afterwards tell them to go fix a sandwich for the privilege of driving a Chevy on wheels at 80k over.
If you can put $25K on the loan, then refi through your credit union for 36 or 48 months, you will get a lower interest rate and save on the interest charges.