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

Detroit Region SCCA Member and founder of MC&T. Automotive Media Jedi Knight. Not yet the rank of Master.

One Comment

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  1. Price gouging?
    That’s if the dealer marks it up.
    Any secondary sale price is just free market enterprise.
    Econ 101: supply and demand.

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