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Drove by the dealer today...

minifridge1138

Well-known member
Joined
Feb 2, 2007
Messages
908
Location
USA
Corvette
1982 Black Fastback
I went by my local Chevy dealer.
He had 4 Corvettes on his lot and 1 of them was a Z06.

He offered me:
1) $1,900 trade on my C3.
2) A discount of ONLY $5,000 above sticker.

I physically laughed out loud.

He said he would talk to his manager and "see what he could do."

I left him my cell phone number just out of curiosity (I'm hoping I can get another good laugh).
 
Keep us posted. I have had a similar offer and basically did the same thing. You know as well as I do if you actually traded it in they would turn that damn thing right around and sell it for 15K. They're not stupid. With as much money as I have sunk into my 79 I literally can't afford to get rid of it now. It would make no sense financially. I wonder if they will call you back...
 
After I finish my restoration, I drove my 68 to the local Chevy dealership and the owner said I could pick out anything on the lot for an even trade... even a new Vette. I laughed as well, because my baby is worth more than a new one.
 
I went by my local Chevy dealer. He had 4 Corvettes on his lot and 1 of them was a Z06.
He offered me:
1) $1,900 trade on my C3.
2) A discount of ONLY $5,000 above sticker.
Wow, only $5000 above sticker!?!? That's a steal! 'course, that's why they call themselves Stealerships. :L

After I finish my restoration, I drove my 68 to the local Chevy dealership and the owner said I could pick out anything on the lot for an even trade... even a new Vette. I laughed as well, because my baby is worth more than a new one.
Tell him to call you when he has a new ZR-1 in stock and you'll take him up on his offer. :L

We might have to move this thread to the Comedy area of the site. :D
 
well he just called me back. The offer is now $3,000 below sticker.

I am still too insulted by his trade offer, but if i keep at it I might get a very fun test drive.

If more happens I'll keep posting.
 
You may wish to ask him why the Bowling Green plant is shutting down because of excess Corvette inventory. They are simply not selling in this depressed economy.
 
Taking your Corvette to a new car dealer is a mistake. Unless your dealer is a collector they will have no idea what your car is worth. As far as they are concerned it is a nice looking 30 year old car.

The new Corvette is a bargain when sold at sticker price. It is a world class performance car at about 1/3 the price. Now is the time to buy one if that is the direction you want to go in and can afford it. It has been many years since Corvettes were discounted as they are today. The economy is in a state of collapse and dealers are going to be going hurting real soon. Winter is coming and Corvette sales are historically slow in winter. It is the perfect storm.
 
Taking your Corvette to a new car dealer is a mistake. Unless your dealer is a collector they will have no idea what your car is worth. As far as they are concerned it is a nice looking 30 year old car.

The new Corvette is a bargain when sold at sticker price. It is a world class performance car at about 1/3 the price. Now is the time to buy one if that is the direction you want to go in and can afford it. It has been many years since Corvettes were discounted as they are today. The economy is in a state of collapse and dealers are going to be going hurting real soon. Winter is coming and Corvette sales are historically slow in winter. It is the perfect storm.

So true. I can't afford a new one but I believe the inventory is backed up about 95 days. Dealers will be in panic mood soon if not already.
 
I was listening to the RPM radio show on Sirius Sat Radio last week and they were saying that you can go into any Chevy dealer with $50k and walk(drive)out with a new Z06.
 
He offered me:
1) $1,900 trade on my C3.
2) A discount of ONLY $5,000 above sticker.

I can't believe they were serious about the offer for your car. You'd think they'd say "we can't make an offer on your car- its not part of our busines model".

To make an offer to someone for that little is expected... but still insulting. I understand its "just a car" and "just business", but a good sales person recognizes when they can't meet the needs of the customer and so they come up with another way to meet you where you are. I've seen good dealers use internal bulletin boards, talk to mechanics or other folks who work their who they know are looking for classic cars, post internal classifieds, and even offer consignement sales. The intent is to foster a relationship with the potential customer.

Cars are acommodity... and dealers tend to forget that. Good cars, great service, a great sales experience, and great people are what sets a dealer apart from their competeition. Those pieces are differentiaing.

Really- do they think they are the only show in town? Has Ebay, craigslist, Autabuy, AutoTrader, CarMax and others NOT taught them anything about the nature of competition? When they can't compete on product... there MUST be something else that stands above the others.

At the end of the day... FWIW- the good dealer rests their laurels on a unique service/selling experience because that builds the book of business and brings back repeat buyers, their friends, and others... again and again. Profit will come when peope feel comfortable to risk their money with someone they trust. Otherwise- they'll go down the street.

I'll be honest... I have NEVER had a good experience dealing with big box, chain dealerships- such as Bill Heard, Sam Swope, Terry Labonte Chevrolet, etc. The frontline sales people they use aren't professionals. They are usually amateurs who work for peanuts until they get fired for lack of production. The sales management philosophy is that they hire based on cost savings, fire based on sales targets, and the cycle continues. They waste money on advertising for these positions, waste money on training people who are disposeable, and the significant turnover rate kills motivation, customer service, book of busines retention, and so forth.

Case in point: I was at a dealership two years ago and test drove a slightly used GTO. The car was fine. I never make impulse purchases- it isn't my style.

I declined the new sales asscoiate's offer. It was really sad. No budgingon the price, nothing that made it worthwhile to me. The car... well, its a commodity. So, I got up to leave.

The saleman then got in my way and put his arm across the door. He said "we've been working a deal this morning- you can't leave yet. You aren't leaving without making a deal!" His face got red and he became clearly angry. I told him I he had two choices: voluntarily drop his arm and let me leave or I'd break it. Either way- I was STILL leaving and I wasn't making any deals with him. I didn't serve almost eight years in the Army without getting lots of hand to hand combat training- I've used it before and was willing to use it again... this time on him if need be!

:mad

True, not every dealer is like that... but the story still stands out in my mind- even two years later. A bad experience haunts the customer and can come back to ruin a reputation for the dealer.

What so many of the sales mangers forget as they struggle to meet their sales goals is that one bad experience for a prospect reults in the loss of ten sales.

My best experiences have been with mom and pop style small business dealerships. I don't need a service department- I do my own repairs (mechanical, body, electric, etc). I want people who are honest and truthful. The desire to make a buck doesn't outweigh integrity.

I'm willing to pay a little more for QUALITY. Quality interactions, quality vehicles, and quality people. Integrity is NOT negotiable.

I hope the dealer doesn't call you back. I hope they come to their sense and stop jerking people around.
 
My best experiences have been with mom and pop style small business dealerships. I don't need a service department- I do my own repairs (mechanical, body, electric, etc). I want people who are honest and truthful. The desire to make a buck doesn't outweigh integrity.

I'm willing to pay a little more for QUALITY. Quality interactions, quality vehicles, and quality people. Integrity is NOT negotiable.
Sad but true!! And about all the state regulations now days are set up to Squeeze the little Dealers out!!:thumb They pave the way for New Car Dealerships and Big Used Car Chains to put people Upside Down in the vehicle right off the bat!! Grab the $$$$ and run,Leave no $$$$ on the table!! Just how many of these so called 50 and 100 point inspections are really carried out or anything repaired after found!! Far less than you think!!Unless it's purdy obvious they usually just set them on the lot and if a customer notices something inoperative,they just say we'll get it in to service and get it checked out!!

I was always taught,Nothing sells a car better than "The Car Itself" All Options must work,and must be mechanically sound!!:thumb:thumb:thumb


This sign hangs in my office with my signature!!

"I'd rather explain the price of Quality,
Than apologize for anything less!!"

And I live by it!!:thumb

:thumb :D:D:D
 
To Quote Dark Shark
"My best experiences have been with mom and pop style small business dealerships. I don't need a service department- I do my own repairs (mechanical, body, electric, etc). I want people who are honest and truthful. The desire to make a buck doesn't outweigh integrity."

If there were more people who thought like you there would be more mom and pop style dealers. In todays dealer world it is very difficult to survive as a Mom and Pop store. Everyone wants to negotiate the best price on a car and they do not care what else the dealer has to offer. The result is the type of experience that you had where the salesman tried to stop you from leaving. Many people would have succumed to that sales pressure and bought the car they then would have felt so lousy they would never buy from that dealer again. Large volume dealers work on that basis every day. An up rarely walks out the door without buying and they advertise price so they can get more ups. It is a self fulfilling prophecy we make price the main issue and then we feel like crap when we finally settle on a price after difficult negotiations. If you sell cheap the only way you can stay in business is to sell volume and screw every customer you can however you can. If we allowed the small dealer to make a reasonable profit we would be treated better and probably not pay any more for the pleasure.
 
...This sign hangs in my office with my signature!!

"I'd rather explain the price of Quality,
Than apologize for anything less!!"...

aahh - haaaa... You're a car dealer. I knew it! No wonder you know so much about this "hobby". That's cheating you know !!

(Just kidding, glad to see you're a part of this forum, The best vette forum on the net IMHO. Always enjoy reading your posts, keep up the good work...)

:pat
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:thumb
aahh - haaaa... You're a car dealer. I knew it! No wonder you know so much about this "hobby". That's cheating you know !!

(Just kidding, glad to see you're a part of this forum, The best vette forum on the net IMHO. Always enjoy reading your posts, keep up the good work...)

:pat
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:thumb I agree!
 

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