This is the C8 mid-engine Chevy Corvette

[gymratter]

Originally Posted by Atmo

Dealers are configuring them and accepting deposits from customers now. Not sure how that relates to production dates though.

https://www.corvetteforum.com/forums...ngray-z51.html

Tada apologized for the delay lasting years longer than the normal product development cycle mostly for good reasons, some out of his control (BMW related). Unfortunately for Toyota, buyers will definitely be cross shopping Supra vs. C8 that's taken the buzz away from Supra right before their summer arrival in North America.

https://www.topspeed.com/cars/car-ne...-ar180358.html

https://blog.toyota.co.uk/new-toyota...r-tetsuya-tada

so we still dont know when and how much. there has been so many reports and rumors about pricing.

yes, but if you read past interviews you would know he was talking about normal cars when it comes to the 3 year time frame. 5 years+ isn't really outrageous for a sports car.

people cross-shop xzy all the time, but that didn't cause the Zupra to not sell out in Europe, Japan, and the 1,500 limited launch edition launch for the US. we also have to remember that after the A80, the Supra never really sold in huge numbers anyway. either way, i think the arrival of the C8 is a great thing. it could make Toyota (and others) to up their game in the future.

[vh_supra26]

To all those that were doubting that this would ever happen or if it would even be called a Corvette. Here is the official C8 site.

https://www.chevrolet.com/upcoming-v...ation-corvette

[gymratter]

https://www.motortrend.com/news/futu...acy-golf-more/

What's New: The long-awaited mid-engine Corvette is finally here. After years of rumors, spy shots, leaks, and speculation, Chevrolet will finally peel the camo off this July. When it does, we expect to find a dual-overhead-cam V-8 under the rear glass with a pair of turbochargers driving the rear wheels through a manual or dual-clutch automatic transaxle. Multiple power outputs are expected courtesy of various displacements, with both 4.2-liter and 5.5-liter versions to be fitted. An all-new electrical architecture will feature top-of-the-line sensors and computers for performance and handling enhancement, but you'll no doubt be able to turn them all off, too. Inside, Chevrolet has gone upscale with a classy, driver-focused interior featuring premium materials and a digital instrument cluster. Although base-model Corvettes will start at about $70,000, higher-performance models will quickly shoot up in price to cover both the development cost and the improvements in technology, performance, and comfort. But they should still remain relatively attainable.

[HachiRokuX]

The median household income is around 50-60k iirc. 70%-80% of Americans are living paycheck to paycheck. Who can afford all these new $70k-150k cars?


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[Rampage]

Originally Posted by HachiRokuX

The median household income is around 50-60k iirc. 70%-80% of Americans are living paycheck to paycheck. Who can afford all these new $70k-150k cars?


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The same old retired guys that are driving Vettes 35MPH all over Florida now.

[Impureclient]

[ame="https://www.youtube.com/watch?v=28GLa9T2CtI"]https://www.youtube.com/watch?v=28GLa9T2CtI[/ame]

[Dadhawk]

Originally Posted by HachiRokuX

The median household income is around 50-60k iirc. 70%-80% of Americans are living paycheck to paycheck. Who can afford all these new $70k-150k cars?

Those are the same people that have a big truck and an SUV. It could be done, not wisely, but it could be done.

[Irace86.2.0]

What car was that replica made on? Fiero? lol

[bfrank1972]

Originally Posted by Irace86.2.0

What car was that replica made on? Fiero? lol

Hey now, these guys look pretty legit... I'd bet it's a GT86 under there.

[Lantanafrs2]

You can live in a car but you can't drive a house.

[Tcoat]

Originally Posted by Lantanafrs2

You can live in a car but you can't drive a house.

Bull





https://www.google.ca/search?q=luxur...w=1680&bih=902

[mazeroni]

Originally Posted by HachiRokuX

The median household income is around 50-60k iirc. 70%-80% of Americans are living paycheck to paycheck. Who can afford all these new $70k-150k cars?


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So according to the Social Security Administration wage data from around the 2015-2016 era...

Around 2 million people earn more than $250,000/yr.

More than 130,000 people earn more than $1 million/yr.

Those numbers also wouldn't account for investments, earned interest, inheritance, sale of property, etc., unless it was reported as income, I don't think, but tax law is a whole other category that I don't understand.

So yea, a lot of high income earners, especially if two of them get married. I would actually argue that there should be more expensive cars on the road, but these high earners are also probably smart enough to put their money into investments and not a high dollar sports car. They also likely have 1 or no children.

I have relatives who were making more than $500K a year at various points in life and they still drove around in Pontiac and Nissan products. They knew it was a bad investment.

[Dadhawk]

Originally Posted by mazeroni

….Those numbers also wouldn't account for investments, earned interest, inheritance, sale of property, etc., unless it was reported as income, I don't think, but tax law is a whole other category that I don't understand..

Earned interest is most likely reported as income, but the other items you mention, except inheritance, would fall under Capital Gains which is taxed differently, but still taxed. It just wouldn't be included in income.

Inheritance Tax, at the federal level, is imposed on the estate if it exceeds the limits. For 2018, the limit is $11,180,000. In other words, you have to give more than that to your heirs for it to be taxed. This is the same for gifts over $15,000 to a single individual. The person giving the money is taxed, not the recipient.

[Tcoat]

Originally Posted by Dadhawk

Earned interest is most likely reported as income, but the other items you mention, except inheritance, would fall under Capital Gains which is taxed differently, but still taxed. It just wouldn't be included in income.

Inheritance Tax, at the federal level, is imposed on the estate if it exceeds the limits. For 2018, the limit is $11,180,000. In other words, you have to give more than that to your heirs for it to be taxed. This is the same for gifts over $15,000 to a single individual. The person giving the money is taxed, not the recipient.