Bubble may have burst

[Reillyrob]

I've been eyeballing some Hellcats as a replacement. Check this out. Was $97K in September. Looks to be dropping over $1000 a week. Not sure if that's an automated thing or what but it ticks several boxes. Not wild about the orange brakes.

https://www.cars.com/vehicledetail/db87d184-48fb-4130-bd5d-5a09bd78e0e3/

Imagine being someone that paid $100K for a Redeye back in September!

If the car checks out it's a good price for a Redeye with 844 miles!

 

[DavidKFla]

I was reading where new C8s are selling $10-15K under msrp. Far cry from recent prices.


Looking like the whole market is in a free fall.

 

[Reillyrob]

I was reading where new C8s are selling $10-15K under msrp. Far cry from recent prices.


Looking like the whole market is in a free fall.

I've been following the C8's and I am seeing some of them now being sold for MSRP but I haven't seen any huge discounts......

 

[MMissile]

These will come down a bit, till inventory is reduced to where people will clamor to own one. Timing is everything.

 

[1971demon]

My wife said, "With friends like him, who needs enemies."?

everybody needs enemies..

 

[DavidKFla]

I've been following the C8's and I am seeing some of them now being sold for MSRP but I haven't seen any huge discounts......

I was going to post that article but didn't. I haven't been following them so I don't know.

 

[1971demon]

I've been following the C8's and I am seeing some of them now being sold for MSRP but I haven't seen any huge discounts......

no discounts up here either...

 

[DavidKFla]

no discounts up here either...

I found the article.

https://www.corvetteblogger.com/202...-offered-for-below-msrp-z06-adms-coming-down/

 

[Reillyrob]

I found the article.

https://www.corvetteblogger.com/202...-offered-for-below-msrp-z06-adms-coming-down/

Thanks David....when can we go shopping for a C8?

 

[1971demon]

Thanks David....when can we go shopping for a C8?

He doesn't like chicken....white milk..he boils hot dogs..and he don't like C8's...

 

[1971demon]

I found the article.

https://www.corvetteblogger.com/202...-offered-for-below-msrp-z06-adms-coming-down/

The market always has a way of sorting its self out....

 

[DavidKFla]

Thanks David....when can we go shopping for a C8?

I'm not buying anything. Actually getting rid of crap that I don't use.

 

[1971demon]

I'm not buying anything. Actually getting rid of crap that I don't use.

I should...but just cant...

 

[DavidKFla]

He doesn't like chicken....white milk..he boils hot dogs..and he don't like C8's...

I don't eat chicken or boil hot dogs. I drink whole white milk and I don't see a C8 in my future.

 

[DavidKFla]

I should...but just cant...

When you get tired of taking care of it, you will.

Same thing with our yard. It's tough to keep up with it even with a lawn service. When you walk out there and you see things that needs to be done. 🤬

 

[GBLWRMR]

I've been in the market for a new daily for about a 2 months now and have about 40 cars saved on separate sites. Very few have been sold and all remaining have been steadily decreasing. Most are $2-5K cheaper today than when I started. I'm now targeting March/April for a purchase window.

Now, I'm not searching for anything as specific as you are.. but I bet the race to the bottom will continue well into 24'.

Inventory issues are a thing of the past, voluntary and involuntary repos are increasing an auction inventory will increase to match. If you are a cash or Credit Union buyer, interest rates won't matter much.

I'll add.. most are aware of the ever increasing Doc Fees. My son's in the used car business and the company he sells for has moved to $999 doc fee. No exception. I was close to a decent deal on an Audi last month until I was hit with the $599 doc fee.. "take it or leave it.." Dealers are trying to minimize losses on stale inventory.

 

[DavidKFla]

I've been in the market for a new daily for about a 2 months now and have about 40 cars saved on separate sites. Very few have been sold and all remaining have been steadily decreasing. Most are $2-5K cheaper today than when I started. I'm now targeting March/April for a purchase window.

Now, I'm not searching for anything as specific as you are.. but I bet the race to the bottom will continue well into 24'.

Inventory issues are a thing of the past, voluntary and involuntary repos are increasing an auction inventory will increase to match. If you are a cash or Credit Union buyer, interest rates won't matter much.

I'll add.. most are aware of the ever increasing Doc Fees. My son's in the used car business and the company he sells for has moved to $999 doc fee. No exception. I was close to a decent deal on an Audi last month until I was hit with the $599 doc fee.. "take it or leave it.." Dealers are trying to minimize losses on stale inventory.

Don't forget the electronic fee and a couple other ones.

 

[MikeD1]

I've been in the market for a new daily for about a 2 months now and have about 40 cars saved on separate sites. Very few have been sold and all remaining have been steadily decreasing. Most are $2-5K cheaper today than when I started. I'm now targeting March/April for a purchase window.

Now, I'm not searching for anything as specific as you are.. but I bet the race to the bottom will continue well into 24'.

Inventory issues are a thing of the past, voluntary and involuntary repos are increasing an auction inventory will increase to match. If you are a cash or Credit Union buyer, interest rates won't matter much.

I'll add.. most are aware of the ever increasing Doc Fees. My son's in the used car business and the company he sells for has moved to $999 doc fee. No exception. I was close to a decent deal on an Audi last month until I was hit with the $599 doc fee.. "take it or leave it.." Dealers are trying to minimize losses on stale inventory.

Don't forget the electronic fee and a couple other ones.

There are some states that significantly limit those fees & add-on crap (which have gotten totally out of control), then there are the states like FL where the auto dealers assoc. has bought & paid for the legislature to make sure they can screw the consumer as they please

 

[MMissile]

I'm not buying anything. Actually getting rid of crap that I don't use.

I've been selling my old muscle and tons of parts for about a year or two...
However, I did want my 2023's I bought. I didn't pay sticker for either one.

 

[GBLWRMR]

Don't forget the electronic fee and a couple other ones.

Yep.. At least 4 or 5 add-ons. I saw an add-on this morning that I haven't seen in years. Not a "fee" but just as good.. "VIN Etched Windows"