With the economy going into a “recession", fuel prices soaring, and the rate of inflation at 5.6%, is now the right time to go down to your local Chevy dealership and buy that new Corvette you have been eyeing? For many of us, this is the perfect time to do just that. . .
Just this week, General Motors announced that they would offer “Employee Discounts" to everyone on their 2008 vehicles. Due to this employee pricing, you can save over $10,000 on your new Corvette and drive it right off the showroom floor.
In addition to this pricing deal, consumers who are purchasing cars during this economically difficult time are finding they have so much more negotiating power than ever before. As the price of gasoline raised, the high-end sports cars (like the Corvette), Sport Utility Vehicles, and trucks lost their appeal to consumers on the showroom floor. With slumping sales, the big auto manufacturers have run various promotions to bring the customers back to the sales table.
Now, with the employee pricing, the savings the average consumer will find is $5000 to $15000 off the MSRP. Additionally, financing on these beautifully crafted, powerful, sleek, and stacked machines have never been at a lower cost.
As the economy is sure to rebound, these vehicles will better hold their resale value, and ensure the current owners get to enjoy all the fun of owning a gorgeous new Corvette with a lower total cost of ownership.
The “Employee Discount for Everyone" program was last used in 2005. The current program is available only until September 2nd, and delivery must be taken by this time.
According to the Detroit News, GM is running low on cash and decided to bring back the “Employee Discount" program as a way to stir up new sales. The second program that GM introduced to help slumping sales has to do with used car sales.
If you are looking for that “new to you" Corvette, you can now get one from GM with a bumper-to-bumper warranty for 12 months or 12,000 miles from the time of purchase. This applies to all GM certified used cars.
Used vehicles are another area where you can find a steal of a deal, as well. The used vehicle market is flooded with supply, and this makes it an ideal time to buy due to your increased negotiating power.
In other news, the Vehicle Affordability Index, the comparison of the real cost of buying a car based on average household income and inflation, shows that auto prices are at their most affordable since Jimmy Carter was the president. With all things balanced in the equation, now is the right time to buy that new or used vehicle.
So that just leaves one question for you: what do you do with all the money you saved? My recommendation is pick up some official Corvette gear to ride around the block with the top down in style!
Rob Lawrence represents CorvetteGearUSA.com. Corvette Gear USA offers Corvette wallpaper , Corvette clothing, apparel & other Corvette accessories online for Corvette fans and enthusiasts alike.