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POLL: What Will ME’s Entry Price Be?


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Discussion Starter #21 (Edited)
Enough gents. You two agree to disagree, and we leave it at that. Whether one of you is right or the other, all of us are returning to strictly discussing what GM will entry price the ME.

Thank you.
 

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In addition to displaying the tally, we should periodically calculate the weighted mean to determine what range represents the average results of the poll. I'm sure one of our forum scientists can do that in two seconds. They may even be able to further calculate or provide insight to what the specific average price is from the results.

Considering the knowledge of the folks being polled on this topic, I would be surprised if the results aren't close to the actual price. It will interesting to see when the C8 is revealed. I assume Chevy won't use our poll as an input to their pricing decision.:smile:

The more votes, the more meaningful the results will be!
 

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My guess is $84,995. With dealer add ons on first release, with plenty of room for discounting later.
 

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Discussion Starter #25
Forum dealers will, high probablity, charge MSRP for the ME (not over) – for it will not be a limited production car. However, some who have to have the ME up right up front from dealers who have limited allocation especially if they have not been on a dealer’s ME priority list for a while, will choose to pay over sticker to get the car “soonest.” Those who are willing to wait a while under those circumstances, waited many months months during the 2014 model year (though 1,000 with still-unfilled orders getting their C7’s as earliest-priority 2015’s).

We went through another path when the C7 came out, that some who went to smaller dealers but who had a relationship with their dealer and/or had been on that dealer’s list for a while and were a top priority order with that dealer, were able to get their car at list.

And some even found dealer’s willing to discount MY 2014’s, mostly during the latter half of the year

What is going to compound this for the first year ME, will be one known factor, i.e., GM’s maximum production BGA capacity, which was 40,000 units for 2014, is now down to 33,000 units.

And several currently-unknown factors: How much a ME costs; how desirable is it; does it offer a manual? And maybe some others.

So many considerations we have yet to figure out.
 

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The poll is interesting, although I'm dumbfounded that anyone believes it could be less than 80K base price. If it is, I'm sure it would be far less car than most of us are hoping for.
 

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Discussion Starter #28
While the above, now deleted, posts were interesting, they were all subject to endless political debate. This thread is about your feelings/beliefs as to the ME entry price.

Thank you.
 

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This prophecy may be self fulfilling, if you want an ME, vote for what you want it to reasonably be, not for what you think it will be. As of now, we'd be charging ourselves ~85k for an ME.
 

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I hope GM doesn't monitor the forum. :)
 

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Personally, I predict a base price of around $69,995 for the entry-level model, but I can see higher trim levels up to around $100K. Also, they will undoubtedly come up with ME Grand Sport, ME Z06, and ME ZR1 models in later years that could reach up to $200K.

I don't think they will want to entirely cut out their traditional market, and if you spent $60K on a C7 you can probably stretch to spend $70K on a C8. At the same time, I'm sure they will want to go head-to-head with the 911, which starts a little under $100K, but is easily optioned up to $200K.
 

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If FORD can sell the 6 cyl. GT for $450,000 I think the ME could get $150,000. I hope you guys are right because if it over about $100,000 it's out of reach for my toy fund.
 

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Discussion Starter #34
There were many reasons why the Ford is over $450,000, starting with it needing to build a brand new factory in Canada — located no where near there are any adjacent Ford facilities. Grant that is a great car with a carbon fiber tub (expensive), though most of all Ford realized that no matter how high they priced it, they would sell 250 units per year (e.g., lots and lots and lots of profit). Remember when they first came out, they were talking $300,000, but when they say the incredible demand (well incredible compared to its 250 units/year capacity, it overnight jumped from that to $450,000+.

Conversely, the Corvette ME will use an existing plant, everything already paid for from C7 profits the first three years, with BGA having is co-located new paint shop, engine build PBC, separate and existing major sub-assembly areas (e.g. IP assembly), and the existing, robotized aluminum chassis build area — just to name a few.

All these existing facilities allow both incredible assembly efficiency, and also the cost avoidance of building them from scratch.

I would be more than surprise, close to “shocked,” if the ME’s entry price exceeds $89,999 — and why my vote in this poll was $77,777.
 

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If FORD can sell the 6 cyl. GT for $450,000 I think the ME could get $150,000. I hope you guys are right because if it over about $100,000 it's out of reach for my toy fund.
Let's say you can build and ship a gadget to customers for $100 (the cost to your company to build and ship it). Let us also assume for simplicity that you also have only two choices for how to sell it. They are:

1) You can sell your gadget for $10,100 each, and you will have customers who will buy it.

2) You can sell your gadget for $101 each, and you will have customers who will buy it.

Which do you do?

The answer very well could be that #2 will make your company more money.

You see, what I didn't tell you is that in case #1 you will sell gadgets to only two customers who are willing to pay that price. You will get a profit of $20,000.

However, if you sell it for $101, then you can sell a million of them. You will get a profit of $1 million in this case.

You can't compare the Ford GT to Corvette mid-engine because the number of units to be sold are drastically different. You see, GM can sell the Corvette mid-engine for not only the $150,000 you suggested, but GM can even sell it for $500,000 each.

The problem is they will not sell as many cars as the price goes up.
 

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The difference between the Corvette and the Ford GT (or the Acura NSX or the Lexus LF-A) is that the latter cars are all halo cars that are designed to sell in very small numbers. Halo cars aren't expected to make money. Theyre built to enhance the prestige of the brand and increase sales of other (profitable) models.

The Corvette is more like the 911. It's the flagship of the brand, but it actually sells in significant numbers and makes a profit. I can't see Chevrolet abandoning this profitable market just for the sake of bragging rights alongside other six-figure supercars (Ferraris, Lamborghinis, McLarens, etc.).
 

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Why would you kill your ZR1 sales by undercutting it with a superior and cheaper ME car? If the C8 ME is replacing all C7s then sure it'll be cheep. It'll have to be. If the ME is going to be the king of the corvette, it will carry a price fitting its status.
I'd say north of $200,000.
 

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Anyhing north of 70k is just nuts for an entry ME, there are other options out there, lets hope GM did their homwork. One can get a nice stable of 2 wheelers & get that front wheel up or just go German. Having said all that I’m very anxious to see what GM comes up with.
 

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Why would you kill your ZR1 sales by undercutting it with a superior and cheaper ME car? If the C8 ME is replacing all C7s then sure it'll be cheep. It'll have to be. If the ME is going to be the king of the corvette, it will carry a price fitting its status.
I'd say north of $200,000.
I think the ZR1 is a highly specialized car for a highly specific market. It would not compete with a base ME car. However, I suspect the ME car with the two turbo 5.5 liter DOHC engine will be priced higher than a ZR1
 
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