Quote:
Originally Posted by Stingray
Technically, you should be okay... the dealer should close it at your documented previous price when your secured your order: http://www.corvette7.com/forums/showthread.php?t=345508
From GM: ( We spoke with a representative from Chevrolet who told us that) “customer demand for both Stingray models and especially the Z51 has exceeded expectations and we are trying to meet that demand.” The Chevy representative added “Customers who have an order in the system are not subject to the price increase.... The bad news, unless you got an order already in the system or you buy an existing Stingray off a dealer’s lot, prices are going up to meet that demand head-on.”
I'd discuss and hold that to the dealership... perhaps get it in further writing too. Wouldn't hurt to ask...
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Hopefully so - My total price before the price increase was $76,155 and after the increase $79,355 or a $3,200 increase.
Chevy said it would call my dealer to discuss and clarify. I called my dealer and informed it to expect a call from Chevy. I also have an appointment tomorrow to meet with my dealer to discuss following its call from Chevy. My dealer said it also may call Chevy as I am not its only customer with a C7 on order mostly like mine with constraints, and it is sure it shall get lots of calls from those with C7s on order. Good thing my dealer is selling my C7 to me $1,000 below MSRP if the price increase becomes a problem. Still, the bottom line is what Chevy charges my dealer - the old or new dealer price.
Oh, and increasing prices to meet demand - Paalease - No one is buying that bit of pseudo economics - One meets demand by increasing production not prices - Price increases if anything lower demand - I am sure Chevy does not want to lower demand, and is increasing prices to increase profits, and/or maybe cover some some higher costs, although I doubt the latter as the more a part is in demand and the more it is produced, the economies of scale kick in that should lower the part price. I don't necessarily fault Chevy for increasing prices if it can get asking, as it is a great car much in demand, but call it what it really is. The price increase is definitely not to meet demand as I for one am certainly not demanding a price increase.