in

C8 CORVETTE ORDER BEING FLIPPED FOR $120,000

This Number Will Likely Grow

C8 Corvette

We were warned that Chevrolet dealers would likely participate in the grimy act of price gouging when it came to the C8 Corvette. But here we find not a dealer, but a customer, who apparently ordered a mid-engine Corvette from a Pennsylvania Chevrolet dealer and is attempting to flip their order at a steep premium for those looking to jump in the front of the line. And it may be the biggest act of C8 scraping yet.

With still 27 days to go at the time of this writing, an eBay listing (now removed) as a black 2020 Corvette Stingray Z51 going for the nose-bleeding price of $119,999. That’s double the base price of a C8, for reference. Below are the only details provided:

You Are buying the opportunity to purchase an early allocation of a 2020 C8 Chevy Corvette. This is an early allocation from a premier Chevy dealer in bucks County PA. Expected delivery date of May/June 2020. March Build. Listing price includes the price of the Corvette plus the market value gap. Purchase price to be paid at the Dealership at delivery $82,307.05 including PA tax and tags.

The seller, “surplusliquidator85” is also selling organic baby lotion, for those interested.

So continues the slimeball hustle of price gouging, following suit with other occasions we’ve had time to report on. Such as the 2020 Ford Mustang Shelby GT500, this 2020 Dodge Charger Hellcat Daytona Widebody 50th Anniversary Edition, and this Jeep Gladiator Rubicon.

Orders for the C8 Corvette began in the summer of 2019, but the UAW strike that took place between September and October has set the launch of the mid-engined sports car back at least a full month. Nevertheless, dealers have reportedly maximized their allocation of 40,000 units, but some orders can still be placed for the 2020 Corvette.

It’s also been reported that any C8 Corvette that sells for under $80,000 will lose money for General Motors, and its price will slightly increase for the 2021 model year. However, Chevrolet is likely expecting a strong take rate when it comes to options and accessories, which will likely push most orders beyond that $80k threshold.

photo by and for MuscleCarsandTrucks.com

Written by Manoli Katakis

Muscle Cars & Trucks was founded by Manoli Katakis - an automotive media veteran that has been covering the latest car news since 2009. His journalism has uncovered dozens of major product changes, updates, plans, and cancellations long before automakers were ready to make things official.

Some highlights over the years of his reporting include the uncovering of the Zora trademark before anybody else reported on the coming of a mid-engine Corvette, as well as the dead-accurate reporting of the coming of the Chevrolet Colorado ZR2, two years before it hit the market, and even before the debut of the concept vehicle. This type of reporting has immediately continued here, with reports of the original seventh-generation Camaro plans being shelved, as well as what's in store for the Chevrolet Silverado.

Some of his work can be found on massive automotive media outlets, such as Motor1. He also has been a guest on the 910AM Radio Station with Detroit News auto critic Henry Payne, as well as the enthusiast-oriented Camaro Show podcast.

Over the years, Manoli has interviewed various automotive industry titans, leaders, and people that make things happen otherwise. These include figureheads such as GM CEO Mary Barra, GM President Mark Reuss, automotive aftermarket icon Ken Lingenfelter, Dodge firebrand Tim Kuniskis, along with various chief engineers of vehicles such as the Ford F-150 & Mustang, Chevrolet Camaro & Corvette, and many more.

At MC&T, Manoli is taking his journalism expertise, deeply planted sources, driving abilities, and automotive industry knowledge to new levels, covering more vehicles and brands than ever before. This is the place where you will continue to read groundbreaking stories about American performance vehicles, pickup trucks, and sport utility vehicles. Here is where you’ll also read insights and quotes from various automotive subject matter experts on the latest relevant products, as well as some of the latest official news from their manufacturers.

Fun facts: he also once beat Corvette Racing driver Tommy Milner in an autocross with a Chevrolet Bolt EV. The biggest vehicle he’s ever driven is a John Deere mining truck. Besides a go-kart, the smallest vehicle he’s driven has been a Hyundai i10. He’s also spent time in the cockpit of various American performance vehicle icons, including the fifth-generation Chevrolet Camaro Z/28, Dodge Challenger Demon, and Ford Mustang GT350R. He has reviewed dozens of trucks, SUVs, and performance vehicles over the years.

One of his favorite new vehicles on the market today happens to be the Chevrolet Colorado ZR2 Bison. He is also a card carrying member of the Sports Car Club of America, and regularly participates in Detroit Region autocross events.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

    Ford Mustang Boss 302S

    FORD MUSTANG BOSS 302S OWNED BY PAUL WALKER HEADING TO AUCTION

    Lamborghini

    THIS IS A 1968 LAMBORGHINI ESPADA