Retirement only a year or two off. Looks like my present to myself will have to be a used vette. Hell - they haven’t really looked like a vette (for many of us) for over a decade.
geezer john
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They're just making more. Economy of scale. Ferrari has to price the way they do because their production numbers are very low compared to Chevrolet.
Ferrari has a history of being discriminatory in who they sell too. I've heard that to get a Ferrari in the early days, an interview with Enzo Ferrari was sometimes required and if he didn't like you or deem you worthy enough, then no Ferrari for you. Lamborghini came about because Ferrari wouldn't sell to him because he saw him as unworthy of his cars. Companies like Ferrari, Lamborghini and others want to be seen as exclusive, and not for the masses. They're enthusiast cars that require a level of regular maintenance that is obnoxious to most. Corvette is capable of competing in that arena, but ostensibly for the every man. Hence the "affordability" compared to the europeans. I like what I saw in the C7 Corvette, but I think is the one I'll start saving for.
For that kind of money I could buy a pretty nice airplane, and get a pilots license.
This doesn’t compete with Ferrari’s, it competes with boats, 4x4 monster trucks, a lake house or a plane.
That’s very pertinent and insightful actually.
Performance comparisons aside,
I suspect a ton of Corvette owners are the have a fishing or ski boat, big truck, camp, trips to the lake or beach, Harley, and/0r some a little doc/lawyer killer type plane sort of vibe.
The kind of guy whose annual income equals a Ferrari 488GTB paired with a 911Turbo and a LX570 on the side,
Let alone the kind of guy who thinks that is chump change,
Is not going to be dying to grab one.
Unless they are a model fan, bang for buck budget, performance enthusiast, etc.
I have heard this is a problem for top model Challenger, Mustang, and Camaro marketing as well.
There are enthusiasts that admire performance or are model fans that will drop 70k on a top of the line version.
But most people dropping 70k on their daily driver are going to buy an obviously 70k car,
Not a model others are driving around in a 25k version of.