Danno1

Was looking to trade ‘24 Coupe for HTC, but seatbelt recall, with no estimated date for fix, has Chevy freezing sales. I should have jumped sooner.

Vetteman Jack

I guess the old saying “snooze you lose” is appropriate here. Hopefully the stop sale will not last too long.

449er

I say enjoy what you have

BRONCOSRUL

Crap. When did that start. I was going to look at getting a new C8 this morning (06-28-24). Dealer offering a $6000 discount and it is the end of the month.

x86guru

That depends.... I snoozed for 4.5 years, bought one last month, and won

Chemdawg99

Given the current market, the OP might come out ahead because of the delay. It’s gradually moving towards a buyer’s market. Might be able to pick up an HTC for well below MSRP by the fall.

Might be a blessing in disguise.

SMOKN C8

Real curious to see what kind of bath they expect you to take on your trade-in. I know the dealer offer I got to trade in my Z51 for a Z06 made me want to puke.

proeagles

I thought sales were frozen because of the nation wide dealer hack and not just seat belts in your case.

BasicMember

I thought it was to reduce inventory without admitting slowing sales.

JerryU

Reduce who's inventory? BG has none. They ONLY build what dealer's order. Fewer dealer orders they have costly layoffs!

sprtplt

Except his trade keeps falling too.

Street_Carver

As a dealer Stop Sales are just about the most disruptive thing a manufacturer can do for the customer and the dealership. We are stuck with inventory we can sell but can't and have to carry those cars on our floor plan. We can try and get some comp back from OEM for interest accrued but it takes up space and scares customers off of the cars sometimes for good.

This one seems to be rolled out terribly, if they are making new cars that can be sold off the line it means they have the parts needed but are choosing to leave their existing customers and dealers screwed. It is wild to see their decision making. I don't manage any Chevy dealers but if I did I would be pissed.

In I think 2018 Honda Odyssey had a seat belt recall/stop sale. It took a little bit but I heard some crazy stories of how they got parts to customers and dealers before making more down the line.

BasicMember

Cars.com is currently showing 2,493 new C8s for sale. The numbers are increasing and this isn't the slow season.

Chemdawg99

That’s to be expected. Prices are returning to where they should be and away from their inflated valuations. Supply now far exceeds demand, so that naturally puts downward pressure on the value of your trade-in as well. All the more reason to wait until dealers get even more desperate to move inventory.

Dealerships don’t actually own the inventory on their lots. They acquire inventory through floor plan loans or floor plan credit. Every 30 days, they have to pay interest on every vehicle on their lot, so every month a car sits, the more it costs them. After about 60-100 days, the dealer will have to sell a car at either a break even price or at a loss just to move it. Any dealer still trying to charge ADM is a dealership you should avoid doing business with.

Now is the time to be patient.

JerryU

My point was it's NOT Bowling Green trying to control the number of C8's being made with a "Stop Sale." They may be cutting Overtime and having a longer than planned shutdown for maintenance etc. May also go to a 4-day work week IF the Union Contract allows them to pay a minimum 32-hour week. Will no doubt increase Z06 and E-Ray production if suppliers can deliver required unique parts. BUT they do not build any C8s for inventory. All are sold to dealers before being made. It's when the dealer's stop buying that limits their build.

Chemdawg99

Makes no sense for manufacturers to build cars that the dealers aren’t moving or for dealers to put cars on their floor plans that they can’t move. Right now, as a buyer, it’s better to sit tight and be patient. There are some great deals on the horizon.

Greg00Coupe

And even better if gulp....... you shop the used market!!!

Chemdawg99

Facts.

But I get the sense that the OP isn’t interested in buying used.

khearon23

This is the universe protecting you from yourself.

JerryU

Not only makes sense for BG it is the ONLY way the plant can make cars, it's for sold product! They can have extra discounts (as they typically offered extra dealer discounts for Corvettes in winter) or have end customer incentives (like 0% financing or cash discounts.)

SIDEBAR
In our area Honda makes ATV's for the World. They also make nothing for inventory. All built are sold BUT in that case it's to their Sales Department. They in turn sell to dealers. Tried to convince my boss our CEO we should do the same and make our 6 sales regions "own" inventory and we'd have better forecasts, which required input coming from them was a joke. He'd have no part of that! My Product/Business Managers and their administrators had to forecast demand. With many thousand finished goods part numbers and long production schedules it was always wrong. We had excess inventory of the wrong items!

Finally moved from foolishly running the plant with only MRP (Materials Requirements Planning) to Cellular Manufacturing where vendors filled some raw material product bins daily. Cells for our main product could be staffed with different number of workers based on demand. Our ability to deliver what distributors wanted was much better as was product quality!