Question Did you have to pay new MRSP ?
- Thread starter Concours
- Start date
I got an allocation last week and was advised that I have to pay new MSRP because my order was in status 1000...
in my case it's a 3K$ increase.
Hmmmm. It was my understanding that 1100 was price protected if your order was entered before March 1st (I think the deadline was the 1st?). If you signed an offer to purchase it should be price protected for sure.
My dealer told me I was at 1000 (order hold at dealership) and not 1100 this why not price protected... the dealership explained me that once they have an allocation, then change the order to 1100 and after match to allocation and go to 2000. This is the way they proceed... I guess not all dealership use the system the same way....
Ya, same for me. Had to pay more for the car itself, front lift, and Z51.I got an allocation last week and was advised that I have to pay new MSRP because my order was in status 1000...
Ahh, sorry didn't catch that the first time. So they didn't even enter it in Workbench! Ya, some dealers act like that. Pity for you.
Did you guys put a deposit down before 1100? That would make that dealer even a bigger ... jerk
I'm anticipating an increase, I was entered into the system in January at 1100 but when allocation arrived 2 weeks ago I made changes to my order before they pushed it through to 2000 which I believe no longer price protects me. I haven't asked for clarity on it yet, only a $1500 increase for me so I'm not that concerned but I'll probably ask in the coming weeks.
I was told that as long as a major change hadnt been made to prelim order and it was indeed in the workbench, then you are price protected. I stayed 1LT Z51, only switch for me after getting my allocation was black seats, mirrors and spoiler. Apparently still good because the original order was put in last July! Sucks some dealers arent doing this.
What defines a major change? Coupe to convert or vise versa? Changing trim level?
I changed my trim to 3LT from 2LT when I was called to come in and make any changes when the allocation came in.
I'll ask my dealer but I'd imagine a trim change constitutes a major change, if not then I'll be 1500 bucks richer!
I changed my trim to 3LT from 2LT when I was called to come in and make any changes when the allocation came in.
I'll ask my dealer but I'd imagine a trim change constitutes a major change, if not then I'll be 1500 bucks richer!
Personally I think it all depends on the dealer. The increase announced by GM was only for cars NOT at 1100 already. (I forget what date it was. March 1?) Until 2000 that can change to whatever you want. I think it's all dealer related and not GM.
As I recall GM announced it a few days before it took place. I could be wrong though. If that is the case then a dealer should have entered all his orders if he cared about his customers.
If wrong and it was on the announcement date then the price is locked in for all orders at 1100 on that date and any order NOT entered in Workbench as a Customer Sold Order are SOL and those individuals chose a poor dealer. They just wanted to avoid extra work when an order is changed.
As I recall GM announced it a few days before it took place. I could be wrong though. If that is the case then a dealer should have entered all his orders if he cared about his customers.
If wrong and it was on the announcement date then the price is locked in for all orders at 1100 on that date and any order NOT entered in Workbench as a Customer Sold Order are SOL and those individuals chose a poor dealer. They just wanted to avoid extra work when an order is changed.
I got my allocations two days after the price increase and it was not entered in the system till after the allocations came. Had to pay the extra 1500$ , just glad to be able to get my 21 order in when I did as I think the 2022 price increase will be substantially more.
This is a good article. Would apply to any year car.
www.corvetteblogger.com
Ordering a 2020 Corvette? Here's What You Need to Know - Corvette: Sales, News & Lifestyle
There's more to the Corvette order process than picking your options and leaving a deposit. Kerbeck's Dave Salvatore takes us through what you need to know.
www.corvetteblogger.com
The blogger made an error:This is a good article. Would apply to any year car.
Ordering a 2020 Corvette? Here's What You Need to Know - Corvette: Sales, News & Lifestyle
There's more to the Corvette order process than picking your options and leaving a deposit. Kerbeck's Dave Salvatore takes us through what you need to know.
He said that event code 1100 means : ORDER ACCEPTED BY GM.
That is incorrect. Event code 1100 means : ORDER PLACED AT DEALERSHIP / PRELIMINARY ORDER ACCEPTED
Event code 2000 means : ORDER ACCEPTED BY GM
Just picked up my car this week and was at 3400 when GM announced the price increase and my dealer told me it doesn’t apply to me since my car was being built that week. But my invoice showed the higher price on the 3LT HTC as well as on the shocks/front lift and Z51 options. When asked dealer his response was that this is what he was billed from GM. So I guess there was no price protection even at 3400
The MSRP of the 2021 Chevrolet Corvette Stingray coupe and convertible at all trim levels will increase by $1,000 beginning March 1. Customers who have event code 1100 sold orders and beyond by March 2 will not be impacted by the price increase on the 2021 Corvette Stingray. We monitor and adjust pricing on all our products regularly, and we’re confident the Corvette remains a winning formula of performance and attainability.
This was the message GM sent out. Dealerships are either playing dumb or as per usual, the General Manager probably doesn't have a clue.
I'd send the regional GM manager a message if you don't want to pull teeth with the dealer because most likely they don't want to go digging for the message. I'm not sure where you can get a copy but i think its on CorvetteForum floating around, if you can get a copy and know where the dealer can pull it from, it should be simple enough to get them to look into it as well.
This was the message GM sent out. Dealerships are either playing dumb or as per usual, the General Manager probably doesn't have a clue.
I'd send the regional GM manager a message if you don't want to pull teeth with the dealer because most likely they don't want to go digging for the message. I'm not sure where you can get a copy but i think its on CorvetteForum floating around, if you can get a copy and know where the dealer can pull it from, it should be simple enough to get them to look into it as well.
gone
Power User
There are numerous articles on the Web which quote that same announcement from GM and here are a couple in case you'd like to print them off and provide them to your dealer or the regional GM:
2021 Chevy Corvette loses its sub-$60,000 base price in mid-model year increase
The 2021 Chevrolet Corvette is getting more expensive part of the way through its second model year.
www.autoblog.com
CONFIRMED: Starting Price of the 2021 Corvette to Increase - Corvette Action Center
According to our sources, the starting price of the 2021 Corvette will increase this coming Monday by $1,000.
www.corvetteactioncenter.com
They deal with the US price increase but apply to Canada as well. Let us know what happens and good luck!