C8 Corvette markups are being resisted by the Corvette community.
Fans are coming together to ensure they get fair deals and avoid dealer markups for the highly anticipated 2020 C8 Corvette. Corvette enthusiasts are coming together to ensure they don’t get ripped off, with some reports claiming that there have been markups exceeding $30,000
Chevy announced the C8 Corvette’s affordable base price at $59,995. This meant that many Corvette owners would be able to afford the new mid-engined vehicle. Some dealerships take advantage of the C8 Corvette’s affordable price and add markups to make it more expensive than they can afford. There is a clever grassroots solution.
A thread on Corvette Forums keeps a growing list dealers who will sell the C8 for the market-suggested retail prices and those who ask for large deposits or markups. This comprehensive guide will help customers find honest dealers and avoid those who are looking to make quick buck.
The post on Corvette Forums states that the top eight dealers by sales volume of the previous-generation C7 Corvette all sell the C8 at MSRP. Markups become more common for lower volume dealers.
On Corvette Forum, both Corvette enthusiasts and dealers can post their thoughts on where they can find a C8 at MSRP. This thread allows dealers to make their pricing commitments in writing and is a great way of rewarding them for not profiting from the C8’s hype.
Potential buyers shouldn’t have to know all the details. This limits dealers’ ability to profit from the situation. Although dealer markups are not new, it doesn’t mean that customers shouldn’t work together to get a fair deal. A perfect example of how enthusiasts can combat dealer markups is the organized Corvette community.