Brand new 2007 Corvette Z06 (EU 3yr warranty) only £47,855!!

[[OcUK]Gibbo]

Hi there

As I am in the market for a Corvette Z06 with my preference been black or yellow. I've been speaking to stratstone Derby which has now closed but they had secured me a deal on a 2006 Yellow Z06 for £52,000. I had told them I ideally wanted to pay circa £48,000, especially as its a used car, but if they offered £50,000 they would have a sale. Well they are still humming and arrrring telling me 52k is the best they can do on a used example.

So I checked prices from the US today and one with the same specification as the UK but a 2007 car with zero miles and I'd be the first owner was $73,000 and thats before I asked for any discount or gone to a texas dealer. That works out at £36,500 for a brand new car. Add shipping via container which is a further $2500 insurred and shipped brings the $75,500 which is only £37,750. Add 10% Duty and 17.5% VAT on top of all that comes out at £48,000 area for a brand new specced up Z06. So why in the UK are dealers not willing to do me 50k on a used car that has now been sitting in GM's yard or warehouse for the past 2-3 months. I am sure GM get the cars at an even lower price considering they actually make them and no doubt getting better shipping rates too. Clearly the UK Stratstone/Pendragon deals are trying to make too high margins, maybe if pricing was more fairer then GM would not be closing 6 our of the 10 dealerships down in the UK.

Now as there is only 4 Corvette dealerships left in the UK and as such less overheads can we expect UK prices to come down on the Z06 in an attempt to try and increase UK sales?

GM UK I want to buy a Z06 from you guys, whether it be used or new, but I want what I consider a reasonable price, don't tell me how the Z06 is a bargain against other competing sports/super cars just make me a happy customer and add another Corvette Z06 to UK roads please.

Now if after my plees GM UK cannot do anything for me I have just seen this in the classifieds section:-
http://www.pistonheads.com/sales/201651.htm

Thats brand new 2007 ZERO miles full 3yr warranty EU cars for JUST £47,855 !!!
Are my eyes lying to me, are there any hidden cost or is that really an on the road price in the UK and delivered to my door?

If so does anybody have experience Salega, are they legit etc. etc?

Help bring another Z06 owner into the fold, I am just hard to please and always push for a hard bargain.

The fact that new plates come in September including 08 cars I am hoping GM UK may offer me a better deal on the used yellow Z06 I've had a test drive in or if this German dealer is good and there is no extra cost I can just buy a car from them.

[UK_WS6]

Well, if it were my money, and just a few months ago, it was my money.
I personally wouldn't give them (GM UK) the pleasure of shafting me.
I would without hesitation,
Fly over to Houston, or Dallas, and pick me a brand spanker off the shop floor.
Drive it strait to the shipping agents in Houston.
Talk about "rip-off Britain"
FFS, they are crying hard the GM dealers in US now, 'cos no one is buying 2007 'vetts.
They are all (buyers) sitting with cash in pocket, finance arranged, and waiting for the 2008 LS3

You should be able to get cheaper than $73k
phone
Demetrious, Joseph
Your Internet Manager at Mac Haik Chevrolet
281-497-6600
[e-mail]

Just a shot !

[jjr1]

Great thread.

I was about to commit to a 2006 Z06 at £48,995 until I saw this thread. A new one for the same price seems a no brainer !!!!

[[OcUK]Gibbo]

jjr1 said:

Great thread.

I was about to commit to a 2006 Z06 at £48,995 until I saw this thread. A new one for the same price seems a no brainer !!!!

Hi there

The car your committing too is that a US or EU/UK car? If its UK you've done well to get a deal down so low but if its a US import from one of the importers that is too much to pay.

Still as Germany seem to be able to offer brand new cars that are EU with full 3yr warranty for even less then yes its a no brainer to buy one of those or save yourself possibly more money and import one yourself.

A base 2007 Z06 with zero miles in the USA can be had for $68,000 say add $2000 for shipping. Thats £35,000, plus your 10% duty and 17.5% VAT plus whatever SVA cost is etc. So thats circa £45,000 brand new imported yourself plus the SVA costing on top.

Sorry to any of the guys who already own Z06's here but I really want a Z06 but don't intend on getting shafted price wise from GM/Corvette UK when I can either import myself one from the USA or buy from Germany much cheaper. Fact is though I should not have to do so, GM/Corvette UK should not be shafting its customers, I can only assume margins are rather high considering the best I can get from Stratstones on a used Z06 is £52,000 and new cars cost over £60,000

GM/Corvette UK have closed 6 dealerships due to poor sales, the reason sales are slow is because UK's pricing is completely unfair. However now there is far less dealerships means overheads would have reduced massively and as such I am hoping GM/Corvette UK will re-adjust their pricing to try and increase sales.

[jjr1]

The car I want is a euro car with remaining 2 years of warranty and 2500 miles on it. However after seeing this thread it looks overpriced

[C5RagTop]

[OcUK]Gibbo said:

Thats brand new 2007 ZERO miles full 3yr warranty EU cars for JUST £47,855 !!!
Are my eyes lying to me, are there any hidden cost or is that really an on the road price in the UK and delivered to my door?

If so does anybody have experience Salega, are they legit etc. etc?

Plus VAT but you don't need to SVA an EU car as you would with a US car (you've missed that cost from your figures).
If you're not happy with Salega why not go direct to a German GM dealer - PM me for the name of the dealer I used for my new C5.

I'm suprised that Stratstone are working to such fine margins on a £50k car that they can't do a deal with you.

[jjr1]

Blind as a bat me. I just realised these two new cars are +vat as you say. oops.

[ringram]

With the exchange rate and new 08 C6's retailing for under £25,000 with the new 430bhp LS3 6.2L engine it would seem to make sense to me to import a new 08 from stateside..

[[OcUK]Gibbo]

Hi there

If these cars are indeed excluding VAT then they are not such a great deal.

However if the new C6 with improved steering and 430BHP is now available from US side and cost so little that could be an idea, though its still not a Z06.

Still UK prices are are on the high side, or it seems prices vary greatly on used cars.

[[OcUK]Gibbo]

jjr1 said:

The car I want is a euro car with remaining 2 years of warranty and 2500 miles on it. However after seeing this thread it looks overpriced

Hi there

Is it by any chance a yellow one? Derby Stratstone told me of this car and he was tell me that he could have done it in the 48-50k region. I am guessing its that car because it too had 2500 miles and was a 2006 car, about 1 year old.

However I was told it was sold and the other yellow Z06 which was higher mileage was going to be 53k, but they might take 52k.

This instantly set of alarm bells because how come two identical cars went for vastly different prices?

They were willing to do a lower mileage example for 48-50k but its already sold which I am assuming is to yourself at 49k. Yet they can't offer me a similar or better deal on the other higher mileage yellow Z06 that I test drove, seems crazy to me as they want like 3-4k more. The car I drove was very nice, but in need of new rear tyres, it also had the Z06 battery problem and the paintwork was heavily swirled so it was definetely in need of paint correction from a detailor which would cost £600-£1000. Needless to say when I was told the car was going to cost me 53k and possibly 52k at a push I just decided to not get back in touch. I think if the car came with new rear tyres which the dealer said it would then 47k ish would be a fair price considering the cars paintwork was full of swirls, no doubt caused by the cheap bucket and sponge boys dealers hire to wash cars.

[jjr1]

The one offered to me is red. I would only want a red one or at a push black.

[[OcUK]Gibbo]

jjr1 said:

The one offered to me is red. I would only want a red one or at a push black.

Hi there

Yep I remember them offering me a red one, but all I want it yellow or black.

Hehe can't us customers be picky.

[Godzilla]

jjr1 said:

Great thread.

I was about to commit to a 2006 Z06 at £48,995 until I saw this thread. A new one for the same price seems a no brainer !!!!

It's a bargain JJ! Just drive it a single mile and tell me it's not amazing value.
I bought mine new in Germany for £57k and considered that a bargain!

[roscobbc]

Now I am a dedicated BB C3 man. I was driving on the northern section of the M25 today and going the opposite way was a transporter with 5 or 6 C6 Vettes on board. Couldn't see if they were Z06's or rag tops or even if they were new. As nice as a Z06 is (and as any C6 is for that matter) I just couldn't live with the depreciation. I would be torn between keeping it low mileage and 'desirable' or getting my 'moneysworth' and putting on some mileage. And as for forthcoming £400+ road tax, well what can I say! except $%£&*ocks to it all!

[ws6]

So, a U.S. loaded ZO6 comes in at about $78K which equates to about £51.700K all in (+sva)
The Euro one at £48,995 + vat = £57,575approx but includes 3year warranty - assuming it's as equipped as the one above, it's not looking too bad a deal.

At what point do the savings out-weigh 3 year warranty (about £6K in this instance) ? Personally over £10K and is a no brainer and a U.S. import it would be, but £6K would definitely have me thinking especially regarding hassel with sat nav, radio, (no use on-star), sva and shipping etc...

Edited by ws6 on Friday 13th July 01:14

[[OcUK]Gibbo]

ws6 said:

So, a U.S. loaded ZO6 comes in at about $78K which equates to about £51.700K all in (+sva)
The Euro one at £48,995 + vat = £57,575approx but includes 3year warranty - assuming it's as equipped as the one above, it's not looking too bad a deal.

At what point do the savings out-weigh 3 year warranty (about £6K in this instance) ? Personally over £10K and is a no brainer and a U.S. import it would be, but £6K would definitely have me thinking especially regarding hassel with sat nav, radio, (no use on-star), sva and shipping etc...

Edited by ws6 on Friday 13th July 01:14

HI there

Well you have added some extras their I believe that UK cars do not have. Plus your also assuming that sticker price is the best you can get.
From chatting on US forums to dealers they will negotiate and there is always the chance of getting additional $2000 off the sticker price and as already suggested Texas is one of the better states to buy in if you want a good deal. I managed to specify a new 2007 car upto UK specification for $73,000 and this was before ringing around different US dealers and seeing who was willing to offer the best deal etc. etc.

In the USA used Z06's are now cropping up as cheap as $59,000 and as such thats a stunning price for such a car. Second hand C6's on the other hand really are selling for peanuts over there, but thats another discussion altogether.

I basically worked out I could get a Z06 landed in the UK for £45,000 for a brand new car that had no extras, then you need to add SVA cost etc.

For same specification as a UK car your looking at £48,000 area, again brand new plus SVA costing.

So on a new car the saving is in the £8000-£11,000 region but you have to look at things such as warranty and UK satnav system UK cars have to offer. Also need to remember that when it comes to resell a US car will be worth less and harder to sell over a UK/Euro model.

What I hope is that Stratstones improve their prices based on factors such as how strong the sterling is now against the dollar, we've had these great exchange rates now for months and as Stratstone UK have good sales there is no reason why they should not be on new fresh stock. Also the fact that UK running cost/overheads must have dropped considerably from closing 6 dealerships and making lots of staff redundent I would hope there is room for some price reductions.

Also bear in mind that whilst us mere mortals can save quite a lot by importing our own Z06 from state side, for the Stratstone guys it cost even less because obviously GM UK won't be paying forcourt prices for the cars in the first place and will obviously get the cars at trade/cost price because they actually make the things. Then they will also get far cheaper shipping rates due to having better contacts and doing much higher volumes.

Obviously I am just a mere customer but based on dollar rate, reducement in running cost/overheads and the fact GM Europe want to increase sales more so I think prices should come down across the range. For example:-
C6 Z51 - £34999 OTR
C6 Z51 Convertible - £39999 OTR
2008 C6 Z51 430BHP - £36999
C6 Z06 - £54999 OTR
C6 Z06 Ron Fellows - £59999 OTR

Thats still higher than US prices by quite some margin but quite a bit cheaper than European rivals such as Porsche, BMW and Audi.

Obviously used prices should reflect any price drops that happen in brand new cars to keep the market healthy and moving.

Also why don't GM Europe do what Audi and BMW do? For example make things like SatNav an extra etc. So basically lowering the advertised price of the cars so for then of us that have no need for Satnav systems we get the car about 2k cheaper. Also whole part of the fun with a new car is speccing it up as you want it, tailoring it to your needs and specification to make it a little more unique, surely this would help pull in more customers.

Why don't GM put together a TV campaign for when things like Top Gear, Fifth Gear and films are on for example. I am sure if they advertised Corvettes on TV and breifly had a couple of flyby's, mentioned the performance, the combined MPG and services on offer it would generate some interest.

Anyway I am in the market for a Z06, so Stratstone do me a good deal, you won't regret it because I'd have no issues recommending you guys and telling everyone how great the Corvette is.

Edited by [OcUK]Gibbo on Friday 13th July 09:01

[ParkLane]

jjr1 said:

The one offered to me is red. I would only want a red one or at a push black.

We do have a black car in stock (new). Your profile does not allow me to contact you, but please drop me a line if you would like to have a chat.

James
0207 318 5323

[ringram]

http://www.corvettesbyrickdaniel.com/specials.php

Here you go brand new Z06 for £36,000 + shipping, tax, duty and sva

[[OcUK]Gibbo]

jjr1 said:

The one offered to me is red. I would only want a red one or at a push black.

Hi there

Is the red one you been offered at £48,995 from a UK Stratstone dealer, because even though its high in comparison to US prices it still a good price to get from a UK dealer if that is from a UK dealer.

[jjr1]

No it is the car at Charlesworth

06, 2500 miles and a euro car.