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Chevrolet Silverado Prices Paid and Buying Experience

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Comments

  • I'll start ...

    '03 Chevy Silverado w/ 3 miles in Boston, MA
    Extended cab
    Short back
    Z71 package
    LS package
    Power seats and alluminum rims
    5300 engine

    Sticker: 33146
    discount -5146
    Rebate -3000 (this was the rebate at time)
    GM card -2500

    Purchases a car on lot and delivered price:

    $22,500 was the final price. (No trade-in).

    Negotiated a spray on bedliner over the rails for
    $400.00 (this was extra).
  • fxsfxs Posts: 50
    2003 SS MSRP ~39K

    GMS discount ~34K

    Rebate + Conquest + GM employee Bonus cash = 5K

    ~2K WRX trade in equity

    Financed ~$27K with TTL @ 3.9%/60 months and pay

    $498.29 monthly

    FXS
  • 2500HD LT Trim level, DuraMax, Allison, Bose, XM, locker, towing pkg, sprayed liner.

    Sticker was $41,800US.
    Paid (after rebates and discount) $34,578US.
    Brown & Brown Chev, Mesa, AZ
  • loplop Posts: 2
    I'm buying a 2004 Silverado 3500 Crew Cab with a Duramax and Allison, LS, tow package, etc. It will be used to tow an enclosed trailer which will have a race car that weighs about 1000 pounds plus all the support equipment. The total weight to be towed will be well below the limit for this truck. The dealership is, of course, trying to sell us an extended warranty -- either with Allstate or GM. I read through all the problems people have had with these trucks and the good and bad about extended warranties. Mostly I learned to try to negotiate the cost of the extended warranty, and that it's probably a good thing to have. No one seemed to quite have the same kind of configuration we will. Can anyone respond to the need for an extended warranty in our case?

    Thanks in advance for your help.
  • mitzijmitzij Posts: 612
    I generally say NO to service contracts. The term extended warranty is a misnomer. The odds are against you that you will see a return of your money. In your case, you need to be sure towing the trailer/race car combo won't void the contract. If you write the truck expenses off as business, the contract is void. Most service contract companies I've dealt with ask if the vehicle is used for business or has been modified. Both things void the contract. If you must get a warranty, go with a manufacturer backed one. Be sure it has (in your case) GM's name on it. Be sure you know exactly what is covered and what is not, and what your deductible is.
  • peezulpeezul Posts: 1
    I just purchased a 04 1500 CC 2x4 LS with 3.73, cloth ,hd trailering. Invoice minus $3000. $25700 plus TT&L. I am happy and had great expeirence at the dealership. Mesa,AZ.
  • indian3indian3 Posts: 14
    Mine is 3 weeks old a 04 1500 cc 3:73, towing package, upgrade mirror package, bucket seats, six disc cd changer, raised white letter tires, steering wheel controls, spray in bed liner, and I love it. I paid 24,400 + 350 for the bed liner + 1120 for 6/100k/100 extended warrenty + ttl. This is in San Antonio, Texas.
  • libby2libby2 Posts: 1
    Regular cab work truck, 4x4, automatic, long box, a/c, cruise, V-6, AM-FM. Sticker price $23,625 minus Chevy rebate $3,500 minus dealer incentive $1,763 minus trade $500 equals $17,862. Need to know if this is a good price. Thanks!
  • boat10boat10 Posts: 59
    purchased new 2004 LS, shortbed regular cab, 5.3, trailer pkg, heavy duty sus., folding mirrors, reduntant steering wheel controls, alum. wheels, 255/60r.16 tires, fog lights, automatic, (list 26,988) dealer cost 22090 less 3500 gm rebate, less trade (2002 rado, 29000 miles), less 1850 dealer rebate. I gave 3100 differance. GOOD or BAD?????????
  • obyoneobyone Posts: 8,065
    2002 rado. Was it a LT?
  • boat10boat10 Posts: 59
    basically the same as the '04 except no folding mirrors, redundant steering wheel controls, had 4.8 engine and was an LS. The '04 also has locking diff.
  • obyoneobyone Posts: 8,065
    No matter how I add it up it doesn't come out. Must be missing some options or something. Oh well.
  • fanofgmfanofgm Posts: 12
    I have a 99 GMC Sierra and i have been looking at the 1500 Crew Cab since March or so when they came out. Well I finally went looking today and drove one (had the wife's car getting some damage looked at) I brought my truck back, i took a test drive etc... Well The sticker is $39130! But it has everything 6 Disk with XM, Onstar, Leather, Turn signal Mirrors and is that really nice Sport Red! After trade in of $10500 (i have alot of miles on my 99) and $3000 owner loyalty we are down to $25630. Not bad but I won't go over 48 months and the monthly payment is really steep! I'm not sure what to do, it's really nice to not have a truck payment and the wife just got a new car so she keeps telling me "no you can wait another year or two" but i don't think i can! I trust the dealership, i buy everything there except for my last truck whata you all think?
  • texsuntexsun Posts: 23
    Go for it! It's all you'll think about if you don't.

    I went through the same thing when I was considering trading in my '99 for an '02 CC. No regrets and the better half finally agreed it is the better truck.

    You only live once - Good luck.
  • aspesisteveaspesisteve Posts: 833
    try being a fan of the Ford F150

    it's flat out the better truck and you can get them for $8,000 off MSRP at the end of the month (or now if you can haggle)

    I drove the Silverado first, was even eligible for the GM family discount (joke) and passed for the F150.

    At least take a test drive.
  • wishamiwishami Posts: 1
    That sounds like a good deal on the "03" Silverado. Good Discount. Do you think that they are giving as good of a discount on the "04" Silverado? Who was the Dealer and location and if possible a Phone #. Thanks, Bob W.
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  • doitritedoitrite Posts: 2
    I just bought an Express Cargo Van at 20% below the sticker price. The total price I paid included all the fees of Dealership and Taxes, so I think I did well. Drive out price. I think they will do the same for pickups. I found that the commercial / fleet sales was the way to go. Call Tom Jumper Chevrolet (Atlanta, GA area in Roswell) and ask for FLEET SALES. Mention U of Georgia football and it helps. One guy in Fleet Sales has all kinds of Big Dog stuff. I bought on July 28, so the end of year incentives are in full swing.
  • harold1harold1 Posts: 1
    The Edmunds Chevrolet 1500 Truck rebate page indicates $3,500 in cash and a second $1,000 in cash. However, the dealer indicates he is unaware of the second $1,000 rebate but is aware of a $1,500 rebate from GMAC if financed with them. Can anyone shed light on the $1,000 rebate noted on the Edmunds rebate page?
  • hogboyhogboy Posts: 84
    Harold, go directly to the chevy web site for your rebate info. The link is: www.chevrolet.com
    For example, the Northeast states have a 5k rebate on the 2004 Silverado thru 9/7/4 for cash deals.
  • Hey Harold, WWW.GMBUYPOWER.COM lists (as of today) a $5,000 cash rebate PLUS. I'll say it again PLUS another $1,500 if one finances the purchase via GMAC. In other words, your looking at a rebate of $6,500. Sounds too good to be true? I don't think so for the competition is greater now than it ever has been in the tuck arena.
  • FORGET my previous "post" Harold. The TOTAL rebate is $5K which INCLUDES $1,500 if one finances via GMAC. If not then the rebate is $3,500.
  • hydnhydn Posts: 8
    Does anyone have knowledge of what incentives for GM have done in the past AFTER the new models are in the dealerships? I am thinking they reevaulate inventory and make a decision. I am assuming this year there will be alot of V8 trucks left over and the incentives will be even bigger. Anyone else any thoughts?
  • My memories seem to be that when the new model year vehicles start hitting the lots, the incentives on the prior year vehicles stay in place or increase marginally. There are usually little or no incentives on the new model year at that time. For best selection on prior model year vehicles, I'd deal right now with the current incentives and not wait for some marginally increased incentive on a lower supply of vehicles to choose from.
  • ebrumebrum Posts: 1
    hi, I've heard the Chevy 6.0L isn't very good at pulling travel trailers. I want to be able to pull a 28" travel trailer loaded to about but prob NOT over 8000lbs. I had planned on buying one, but am now scared off.

    I went to Ford and found the 1/2 ton can pull 9500 pounds (seems like a lot to me), but have read some Edmunds test drivers and they have different opinions. I sure would like some opinions on either or both brands.
  • sstsst Posts: 1
    Just picked up my new 04 LS 1500 extended cab with locking diff, fog lights, deep tint, Silver Birch.....
    walked on the Paradise Chev lot in Temecula, Ca. at 09:00; asked the sales guy to give me the same deal Power Chev in Irvine is advertising and save me the drive. His reply: okay.
    sticker price with bed liner $28,616.
    minus $3500 rebate.
    minus $1500 finance rebate
    minus $4000 discount equals offer by Irvine dealer
    so, now I'm at $19616
    I say drop the alarm they just make noise.
    His reply: okay.
    minus about $300
    We take the test drive. I say drop the bed liner and we have a deal.
    His reply: okay.
    minus $299
    equals $9,600 of the MSRP sticker
    So, I'm out the door at $21,500 at 11:00
    Done deal.
    I go home. My neighbor says: Hey, nice truck, I was thinking of getting a new one this weekend too. So, I give him the add and my story.
    He drives up the next day in his new LS 1500 extended cab with deep tinted windows and fog lights all happy with the same deal. So, I say you could have at least got a different color. His reply: But now I have a body parts source close to home.
    So, now I trust my car dealer more than my friendly neighbor. Go figure.
  • texsuntexsun Posts: 23
    I've posted this somewhere before, but will post again so you don't have to search. I'm in the 'Meet the Owners' if you want to check the specs on my truck. I pull a 26' Trail-Lite 7260 travel trailer, 4400 lbs empty, near 6000 lbs when loaded down. Most times I don't even notice it is back there unless I'm pulling up a steep grade. I use the 'Tow Haul', which brings my gas mileage down, but I've never got less than 9 MPG with a head wind and hills. My avg is 11 MPG when pulling the camper. The suspension can definitely handle the load and I believe the drive train can too. Currently at 63,000 miles and running strong.

    Can't give any advice on the Ford, never owned one.

    Hope that helps. Bud
  • I understand to get the extra $1,500 rebate or $5,000 in total I have to finance with GMAC. Dealer told me that it is 7.99% and not simple interest -- may be a rule of 78's -- interest computation that will mean all of the early payments are applied to interest. If the loan is paid off in less than 5 years the effective interest rate can be sky high. What is the min. loan a dealer or GMAC will except to get the extra $1,500 on the 2004 Silverados. Why not just finance some very small amount. Any experiences on these issues is appreciated.
  • I too have been told that the rate was 7.99%. But that I could PAY OFF THE LOAN AT ANY TIME. My brother who's a CPA/LAWYER will look over the contract for me before I make any moves here. My dealer told me that there is NO premature payment penalty.
  • The note probably will not call it a prepayment penalty. It is a method of payment application where all of your early payments (I calculate first 10 months if rule of 78 is used) goes to interest. Under Rule of 78 all interest on the note is paid back in the first year. Effective interest rate if paid off after month one is 40% and 20% if paid off at the end of the first year. If kept longer rate reduces gradually to the 7.99 at the end of the 60 months. I would be interested in your feedback from the CPA/Attorney on what the note itself says and what can be enforced from a legal standpoint. Local dealers are saying you cannot pay off until after the 3rd payment. (They get part of the interest too I believe) Note may not say this.
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