Signs the economy is finally falling

[NoOne]

I drove by Les Stanford today in Dearborn and there had to be at least 40 C8s sitting on the lot.

Got an email yesterday from them, employee pricing on every C8 on the lot.

Website says 24 but there were way more than that.

[slewfoot]

I retired 2 years ago. The year prior, I told my wife I was going to buy a C8 when I did. Around that time frame, the dealers were jacking up the prices and I said fk it.

Ever since they came out, the C8's have flooded the dealerships, Auto Trader and every other site. People buy them and for many various reasons, unload them soon after.

No, If the C8's are not moving, I don't see the economy as the problem. People have just wised up.

[donuts]

Overall the new car lots are full and offering 0-2.9% plus cash back , that a sign things are slowing down , someone else may know for a fact but I didn’t think that production had increased much or even close to pre-Covid numbers. ?.

[KenHorse]

My C7 is (more or less) a DD for me. As such, a C8 simply isn't practical as a DD with no trunk space (frunk space?)

Besides, I really don't think they're all that great looking. I never did like the Lotus "cab forward" look.

[owc6]

I never ever considered one, because the C8 ruined the esthetics.

However, before this, I was a serial test driver 20 + times. Most of the times not serious, but have bought 5 over the years.

Now, I want to drive one. JUST BECAUSE.



Might be fun, but they are still ugly.

[vettemed]

Now that the "latest thing" has worn off the C8, maybe the ugliness is becoming apparent to potential buyers.

[LATB]

The Corvette has evolved into something I'm not.
Pass.

[Torqaholic]

If I ever felt like throwing 100 grand away I'd buy a couple houses, not a car.

[Bill]

Originally Posted by Torqaholic

If I ever felt like throwing 100 grand away I'd buy a couple houses, not a car.

You can't even buy two single wides without property for that price. Brandonflation.

[SnikPlosskin]

Originally Posted by slewfoot

I retired 2 years ago. The year prior, I told my wife I was going to buy a C8 when I did. Around that time frame, the dealers were jacking up the prices and I said fk it.

Ever since they came out, the C8's have flooded the dealerships, Auto Trader and every other site. People buy them and for many various reasons, unload them soon after.

No, If the C8's are not moving, I don't see the economy as the problem. People have just wised up.

Another genius take from the village idiot.

You don’t see the economy as a problem? “People have wised up…l”?

WTF

[Torqaholic]

Originally Posted by Bill

You can't even buy two single wides without property for that price. Brandonflation.

Decent looking homes can still be bought for less than 50k around here.

Michigan homes for sale under $50,000

People just aren't willing to put in the effort to find them. It took 3 months to find my current home back in the mid-90's. Absolutely a major PITA but I paid it off in 3 years with interest free installments amounting to less than half the cost of rent. Wouldn't blame anyone but myself if I flushed my money down the toilet.

[Torqaholic]

Originally Posted by NoOne

I drove by Les Stanford today in Dearborn and there had to be at least 40 C8s sitting on the lot.

Got an email yesterday from them, employee pricing on every C8 on the lot...

Not too keen on the C8 but let me know if/when they begin offering a cash discount

[frodo84]

Originally Posted by LATB

The Corvette has evolved into something I'm not.
Pass.

I'll keep my C5.

[Taurus]

Going to trade my wife's Honda CRV on a Traverse tomorrow. When we looked a year or so ago we couldn't find one without a minimum $10K market adjustment. Now I can get one for $20K less than last year's asking price. The market has flipped for sure, interest rates and a boat load of unsold 2023 vehicles are killing the dealerships.