Dealer buy back on 97 corvette???

[johnl]

I got a letter from My Chevrolet dealer today. It states, and I’m paraphrasing here.
This dealer has been selected as a site to conduct a “special market test pricing and financing event”.
It goes on to say, “This dealer is in desperate need to acquire several pre-owned 1997 Chevrolet Corvettes in order to fulfill special used vehicles requests”.
Since I’m in their records that indicate I own one of these vehicles, the new car managers have been authorized to buy back my Corvette. Bla…bla …bla, I can probably get into a new 2003 with very little out of pocket expense and near same payments.

Does this sound like a typical sales ploy? Or has anybody else got an offer like this? I will call’em up and see what the poop is, and post what I find out. I was just wondering….hum..???? This 97 has 138,000 mi…a brand new 2003???? Very tempting.
John

For the record I have been very pleased with this dealership, with the service and customer care I have received during my relationship with them.

 

[yellow_2002_germany]

I would say definitely check into it. What do you have to lose - nothing. Possibility of gaining - a 2003 vette with a new factory warranty!

Heck, they're probably buying them to crack up in a movie!

 

[johnl]

The sales guy at the dealer said they are low on inventory on older C5’s and are looking to get some stock on hand. And they have been authorized for 60mo, up from 36 mo 0% financing.
Basically…yeah, a sales pitch.
By the way, is it true that the 2003 C5 does not come in a hardtop? He said hardtops were Z06’es. I know Z06’s only come in HT, but I thought you could still get a HT C5.

Anyway that’s the poop. Can’t hurt to talk. Who knows?
I wonder if 2003's come in Torch Red?
J

 

[yellow_2002_germany]

You are correct that the 2003 HTs are Z06 only. I think the non-Z06 HTs last year was 2000.

Not sure about the colors. You might check the knowledge center.

 

[Bugster57]

Sales my friend, they are just trying to make you feel "special". Remember these guys stay up very late thinking up ways of getting you into the showroom looking at that new car.

They have succeeded in 50% of their goal with you so far, they've got you considering it.
Go see them and they hit 75%,
Drive it home and ding, ding, ding, it's a home run.

Is it a good deal? Might be. Are they really interested in used car stock? Maybe. What they really want is to sell you a new one and have your car for their used lot. Profit going in and out.

I'll bet by your post you take one home. It sounds like you're ready. Just know your price on your trade and the new car before you go in.

You drive, not them.

Oh, and post pics when you get it.

 

[bluecoupe]

Harley had an 883 Sportster buy back program called "Ride Free". after a year you could trade up to a large model and get a full refund of the base list price. Now that was a good deal.

 

[johnl]

Oh, and post pics when you get it.

I know it does make you think about it. But there is no really special deal here.
I have no idea where I will be or what I'll be doing when I get there in 3 or 4 months. (Were bailing on CA) So I doubt I'll be posting any new car Pics anytime soon.
But thanks for the warning and advice Bugster.