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Man puts deposit on ZR1 2-1/2 years ago, now expected to pay 2-4x MSRP

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Old 06-23-2008, 12:27 PM
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Default Man puts deposit on ZR1 2-1/2 years ago, now expected to pay 2-4x MSRP

I don't know how these dealerships can get away with **** like this.

http://jalopnik.com/396780/dealer-go...rice-of-413000

The 2009 Corvette ZR1, GM's new mega-powered super car, will reportedly only be offered to the top 338 Chevy dealers nationwide. That effectively shuts out the other 3,594 from the chance of offering one to enthusiastic fans of the bowtied brand. We guess that explains the four-times-the-price gouging we're hearing about from potential customers. That's right, although the 638 HP 2009 ZR1 gets a price tag of $103,300 ($105,000 with the $1,700 gas guzzler tax) and Corvette engineers asking dealers to respect the MSRP, we've received at least one report from a reader of being told that despite his down payment 2 1/2 years ago, he'd have to put up between two and four times the MSRP to get one in his garage. If that number is accurate, the street price will be somewhere between $206,600 and $413,200 for Zee Really fast One. Full report from our tipster looking for recourse from someone — anyone — after the jump.

"I put a deposit down for the 2009 ZR1 about 2 1/2 years ago at "my" chevy dealer from whom I have bought many GM cars, including trucks, vettes. I have probably bought 15+ GM vehicles over the years. I was told 2 1/2 years ago that the price for this "iffy" car would be around the same ratio as the 5K overcharge I paid for my 2006 Z06.
I was called to order my ZR1 yesterday since I was #1 on the allocation list of this dealer's 4 allocations. I was told that by the way the price would be between 2-4 times the MSRP. Tadge Juechter, the Chief of Corvette Engineering, has urged GM ZR1 dealers to respect the MSRP. I am very upset with the greed and disregard for customer loyalty in a down economy. Is there any recourse?"


We wish there were — although we'll be forwarding on your complaint to the good folks at Chevy to ask them their thoughts. At the very least it definitely shows a demand for the highest priced car in the General's storied history, doesn't it?
Old 06-23-2008, 12:37 PM
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$413k? C'mon.

Keep in mind that Nissan dealers will be pulling this same exact crap with that overweight turbo V6 car that they're bringing to market this month, so it's NOT just GM dealers doing this.
Old 06-23-2008, 12:38 PM
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For $350K I could have Katech/Pratt & Miller build me a Veyron butchering C6RS, complete with a streetable sequential gearbox!!!!!
Old 06-23-2008, 12:39 PM
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Originally Posted by LS1LT1
$413k? C'mon.

Keep in mind that Nissan dealers will be pulling this same exact crap with that overweight turbo V6 car that they're bringing to market this month, so it's NOT just GM dealers doing this.
I don't know if this was directed towards me, but if it was, I was referring to all dealerships that mark vehicles up over MSRP.
Old 06-23-2008, 01:28 PM
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Originally Posted by Morbid
I don't know if this was directed towards me, but if it was, I was referring to all dealerships that mark vehicles up over MSRP.
Oh I know, mine was more a general statement aimed more at those that might want to focus it on only GM dealers.
Old 06-23-2008, 01:39 PM
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it seems the dealership wnts to lose its allocation of zr1-s
Old 06-23-2008, 01:58 PM
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Originally Posted by LS1LT1
$413k? C'mon.

Keep in mind that Nissan dealers will be pulling this same exact crap with that overweight turbo V6 car that they're bringing to market this month, so it's NOT just GM dealers doing this.
true dat, 5x for the v-spec lol
Old 06-23-2008, 02:37 PM
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What a bunch of BS. Straight up GREED.
Old 06-23-2008, 03:30 PM
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I hope GM pulls that dealers allocation for such a move, I can understand a little over sticker but that is just outragous. But then some people are dumb enough to pay it like they did with the GT500 Shelby's that were going for 20K over sticker and now they give the damn things away
Old 06-23-2008, 03:33 PM
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Well, greed is what built this car, and made it available to the public in the first place. If there was no greed, we'd all be driving identical shitboxes, with no reason to be any different.

Let the market bear what it will.

BTW, did you get anything in writing? I always do if there is money involved....
Old 06-23-2008, 03:38 PM
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I just heard from one of our salesmen that we turned down a offer for 20K over sticker?!?!?!?!? We are getting 3, blows my mind that someone would pay that over sticker!!! Good thing I dont run this place (very happy I dont ) I'd sell it for sticker but that customer would have to keep our license tag on for 3yrs ....good advertisment
Old 06-23-2008, 03:45 PM
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This has become an auction.
Old 06-23-2008, 03:54 PM
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lol and they called me crazy when i said it would be hard to find one under 150k
Old 06-23-2008, 04:15 PM
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Its called a free market economy. If you don't like it, move to china.

Its called supply and demand people. Dealerships run a business not a charity. What would you do in their situation? The same thing other business owners do, charge what the market will bear. No one is forcing anyone to buy these cars at inflated prices. They are people with either more money than sense or people who wouldn't notice hundred Gs.
Old 06-23-2008, 04:32 PM
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At my local dealership there are going to get 2, both already paid for at $50k over sticker..
Old 06-23-2008, 04:50 PM
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id tell them to shove that car up their *** and give my money back.
but if people will pay dealers will charge what they can. ill never pay sticker for a car never mind a ******* markup.
Old 06-23-2008, 05:43 PM
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thats not right!
Old 06-23-2008, 06:44 PM
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Thats bullshit.. I f I ever wanted to buy a bad *** ride like that I sure as hell wouldn't want to pay well over MSRP. Leave the markup to the Ford guys.
Old 06-23-2008, 06:53 PM
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Originally Posted by Pipelayaz
Leave the markup to the Ford guys.
How can you say this when the vette is being marked up? Also, who the hell will pay 200k-400k for a vette, a domestic!
Old 06-23-2008, 09:13 PM
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Yeah at that price, just buy a Z06, supercharge it (and make more power while you're at it)...and throw on Brembo's best brake package, and then still have 200g's left to do whatever else you wanted...including build one hell of a garage for your "ZR1 killer".

I mean just having a ZR1 is part of the allure I know, but come on it's only worth SO MUCH.


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