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Chevrolet Silverado Prices Paid and Buying Experience

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Comments

  • njv16njv16 Posts: 3
    I live in Wichita, Kansas and have submitted bids for dealers in Wichita, Kansas City, Hutchinson, and Tulsa, OK. The most dealers seem to be coming off is $6,500. I have been offering dealers $27,000 for a truck with an MSRP of $34,300. I believe that is a fair price considering what all of the other truck manufactures are offering which is $2,000 to $4,000 more off than the Silverado. I can't seem to understand why they aren't coming off more. All of the lots around me are still flooded with new Silverado's and the '08s are already starting to hit the lots. I tell them I am ready to buy within the month but they still can't seem to get close to my price point. I guess I will have to wait a little longer until they get desperate.
  • It depends on how many trucks the dealership has to move. the best way to get the best deal is to use the GMC/Chevy website. Look for the trcuk you want and if you find say 3 of them, actually look at the dealerships website, see how many 07's they have on their lot.

    If they have a lot, then they will probably work with you on price as they have to move those trucks.

    Another thing to mention is that you are coming from out of town, dealers will work with you if you are willing to drive to them instead of calling your local dealership and negotiating a trade, that does nothing for the dealership where your truck other than lose a sale and pick up a truck that the other dealership couldn't sell.

    27000 is a reasonable price for an 07, especially now. GMC and Chevy are touting the 0% financing, stating that you will save 7000 in interest payments, well you can get that as a discount if you negotiate right. Just keep asking for bids and if the dealer doesn't want to work with you just walk away.
  • jfritschjfritsch Posts: 958
    How many dealerships did you email for their best price? Its really irrelevant how many cars of a particular model is on the lot. A dealer with 30 could be concluding a great or acceptable month and one 40 miles away with 8 on the lot could really need to make a few more sales.

    --jjf

    live in Wichita, Kansas and have submitted bids for dealers in Wichita, Kansas City, Hutchinson, and Tulsa, OK. The most dealers seem to be coming off is $6,500. I have been offering dealers $27,000 for a truck with an MSRP of $34,300. I believe that is a fair price considering what all of the other truck manufactures are offering which is $2,000 to $4,000 more off than the Silverado. I can't seem to understand why they aren't coming off more. All of the lots around me are still flooded with new Silverado's and the '08s are already starting to hit the lots. I tell them I am ready to buy within the month but they still can't seem to get close to my price point. I guess I will have to wait a little longer until they get desperate.
  • I need a little clarification. When you say $6,000 off MSRP is that before any Chevy Rebates???. I assume it is.
    For example if a truck is listed at $41,000 a "good" price would be $35,000 then on top of that a person would have either 0% for 60 months or an additional $3,000-$3,500 in factory rebates to get the price down to around $32,000.

    Am I correct with my math???
  • The best anyone around here can do is $6,500 off, and that includes the $3,500 rebate from Chevy at the moment. I find it a little ridiculous myself that they can't come off more. I really do feel that $7,300 off, and that includes the Chevy rebate, is a good deal but dealers around here seem to scoff at that. A lot of the lots around in this region have around 30-50 2007 Silverados on the lot right now, the 2008's are starting to show up, and sales for trucks have been declining every month. Like I said, the truck I want to purchase is $34,300 MSRP and I offered $27,000. Am I doing something wrong?
  • I'm wondering the same thing. Are you guys including the rebates in your $7000+ off MSRP? I'm about to purchase an 07' tomorrow before the incentives change. MSRP is $36,500 and they are at $33,600 and $1000 in accessories. I plan on doing the 0%. I showed them that SoCal was offering the $1000 in accessories and they agreed to give that to me. So, is $3000 off MSRP a good deal? I'm probably going to offer $33,000 in the end. They are saying that $33,600 is supplier price? Any thoughts on if I should go lower? By the way...this is a NBS crewcab LT1.
  • 6000-8000+ off msrp is what you want on a 33 k chev truck. If you try my message 309 and work almost 10k off more power to you. Rebates, military discount, draft dodger discount, college grad discount, college dropout discount,supplier discount, ex-wal mart employee discount etc. Whatever. I would want closer to 8000 to 10000+ off a $44000 model. Check out the interest saved on 0% for 60 months over a 6% loan (thats probably worth 3500 off msrp)

    Check out my message 309. Do not waste much time walking into dealerships once you know what you want. Separate the jokers (85%) from those serious end of the month within a 100-300+ mile radius of your home via fax or email and work the top 3 or so against one another.

    Good luck
    --jjf

    I'm wondering the same thing. Are you guys including the rebates in your $7000+ off MSRP? I'm about to purchase an 07' tomorrow before the incentives change. MSRP is $36,500 and they are at $33,600 and $1000 in accessories. I plan on doing the 0%. I showed them that SoCal was offering the $1000 in accessories and they agreed to give that to me. So, is $3000 off MSRP a good deal? I'm probably going to offer $33,000 in the end. They are saying that $33,600 is supplier price? Any thoughts on if I should go lower? By the way...this is a NBS crewcab LT1.
  • 7000 includes the 3500 GMC/Chevy rebate. I doubt you find a dealer who will give you 7000 plus the 3500 rebate. If you do, let us know as that dealer will get a lot of business.

    I got a little over 7K off my 07 NBS GMC Crewcab. That included the 3500 GMC rebate. 7K is a good number to shoot for. If you can't get within $100 of $7k then you should go somewhere else.

    What accessories are they offering? GMC/Chev accessories are a little overpriced and I would just take the money as rebates and not accessories. The lower you get that sale price the less you pay in sales tax. Say you take the 1K in toys, you will pay DOUBLE tax on those when you pay your sales tax, usually State tax is equal to local.

    Since you want to take the 0%, it will be harder to get the additional discounts, the best bet is to start talking monthly payments with them. Calcualte what you want and try to get them there.
  • I think I can get any accessory I want. The SoCal area has this promo going right now for $1000 in accessories. http://www.socalchevy.com/OfferDetails.aspx?ContentID=14277 How hard will it be to get them under the "Supplier:" pricing? Are there ANY other rebates out there on Silverado's that I am forgetting? I wish I knew if the incentives were changing tomorrow. I'm not quite ready to buy, but don't want to miss out on this 0% for 60.
    Good point about the accessories being overpriced, but wouldn't you have to pay Sales Tax on them regardless, where ever you end up buying them? I just thought it would be nice because I don't really have the extra money laying around right now to buy all those accessories. I need some sort of bedliner and bed cover to start with. I know about what they cost else where, so if they are crazy expensive at the dealer, I'll just say no to that.
  • Anyone help me out and tell me if they think I got a good deal?

    2007 Chevrolet Silverado 1500 Crew Cab 2WD LT1

    Added Options:
    LT1 Convenience Package
    Z71 Off Road Package
    18" wheels
    Towing Package
    Power Driver Seat
    5.3 Liter Engine
    XM Satellite
    All terrain tires

    MSRP: $32,604
    add leather: $1100
    Total: $33,704
    Drive Out: $31,300 @ 0% for 60 months
    nothing down
  • You want 6000-8000 off msrp for a truck that wholesales 10k off msrp 1st year.

    See how much interest you saved over a 6% loan (higher if you have dinged credit) and add it to the amount off msrp. Don't know what your taxes and fees are in your state so its hard to tell. On the surface it looks pretty good.

    Why do folks wait until the deal is done to find out what is a good deal?

    Happy driving
    --jjf

    Anyone help me out and tell me if they think I got a good deal?

    2007 Chevrolet Silverado 1500 Crew Cab 2WD LT1

    Added Options:
    LT1 Convenience Package
    Z71 Off Road Package
    18" wheels
    Towing Package
    Power Driver Seat
    5.3 Liter Engine
    XM Satellite
    All terrain tires

    MSRP: $32,604
    add leather: $1100
    Total: $33,704
    Drive Out: $31,300 0% for 60 months
    nothing down
  • bobw1bobw1 Posts: 19
    I just looked at the GM card allowances and they are only $1000/$1500 for the 07/08 Silverado/Sierras. Is there a chance they will go back up later in the year?
  • LT2 package
    leather seats
    6.6 duramax allison 6 speed 11400 gvw 4x4
    no nav or sunroof - which is how i want it
    sticker 49400- neg & rebates to 39956 then taxes & 50 for doc & plate

    ithink this is a pretty good price after reading these recent posts
    chuck
  • $9500 off a duramax is impressive to me. My understanding is the offered rebates don't apply to a truck with the duramax diesel. At least thats what GM's website says last I looked. How did you manage to scrape nearly 10K off the price of that truck? Your locale?

    KB
  • I bought a 2007 1500 Crew Cab 2WD Z71 W/LT1 Conv. Package, towing package, tailgate assist and lock, XM radio, 5.3 engine. Sticker was $32,459 including destination. I paid $600 below invoice plus rebate which came to around $26,200 plus TT&L. They also threw in a hand held GPS Navigation unit worth around $250 bucks. I think I did pretty good. I bought on 9/1/07 and was the last one like this on the lot. These model is pretty hard with just the LT1 packages. I hope this helps.
  • The big $3000 amount was on the Classic prior style. Maybe the allowance will go up to $2000 in 2009. Can't imagine the new styles will have $3000 anytime soon.
  • combination of things
    1.3500 rebate
    2.friends & family rebate (supplier rebate)
    3.Farm bureau rebate
    4.dealer wanted to turn vehicle because it was traded for and then deal fell thru

    and yes this is the new body style I would be happier if it had the GMC front end but $ always comes first with me
    so I'm pretty happy with the outcome. with the savings I can pay taxes and get a new airride 5th wheel hitch
    thanks
    chuck
  • Sounds a bit like the perfect storm. Well done.

    KB
  • I just thought I would post a break daown of the new Chevy 3500
    3500 silverado cc, drw, 4x4 duramax & allison
    2LT interior with leather.
    basically every option except nav & sunroof - didn't wnat them
    sticker price 49400.00
    vendor discount 4442.00
    gm discount 3500.00
    farm bureau disc 500.00 still looking into may not get this one
    dealer holdback 1000.00 they traded for this truck
    & the deal fell thru
    ... SO I MADE A BETTER DEAL

    Final cost to me is 40458.00 plus tax or 39958.00 if farm bureau comes thru either way I TOTALLY satisfied with this truck.

    ps so far there has been no major problems assoc. with epa crap on the gms. This is what I found so far anyways. So deals can still be had if you take your time.
    chuck
  • All you folks negotiating remind the dealer that a 34000-$35000 dodge ram 1500 is discounted 12k and available for 22000+ all day long with the lifetime powertrain warranty and is awfully competitive with tundra, chev, etc. As a matter of fact check it out.

    I've seen the 40000 2500 ram crew diesel advertised for 11-12000 off msrp.

    Good luck
    --jjf
  • Thanks for the response. sorry it has been awhile. I don't really know how to figure out what I would have over 5years at 6%. If I did get the truck at an interest rate, I would look to pay it off early. i figured I got about $5000 off msrp at driveout at a 0% interest rate. Add that 5000 to the 3500 rebate instead of 0% and that would total 8500 off, but at a higher interest rate. tax in my county is 7%. still sound good. also I posted on another thread about my new silverado having wind noise. does anyone have this problem or is it just my truck. thanks
  • They were hard to find but I just bought a new 2007 Classic Silverado EXT. Cab 4x4 with 3LT Z71 package.
    35,600 MSRP
    5,600 Dealer negotiations
    5,000 GM rebates
    3,500 GM card rebate
    Amount paid 21,500 plus tax title
  • Wow that is an incredible price for a new full size 4x4. Good job. You can't hardly buy a 2wd mini truck for that.

    1offroader
  • When do they update the GM rebate allowances? The 2008 allowances are already published. I'm hoping the allowance goes up on the 07 Silverado. I know the classic is at $3500, but I've had a 03 Z71 4x4, 04 Avalanche 4x4 and have a 06 crew 1500hd 2wd. They are all the same body/interior as the classic. Think I want to switch back to a 4x4. The gas mileage on the 6.0 is horrible, i'm getting 12 MPG. The 07s seem to do better, I can even get away with the 4.8
  • I hava spent the last two weeks looking at a 07 Silverado with a MSRP of $34,309. The best I could get with the Chevy Dealer was $30K and 0 interest.

    I am currently wheeling and dealing on an 07 Sierra with an MSRP of $34,800 they are offering me $27K with no interest.

    I am a first time buyer and have been wondering whether I am getting a good deal or not on the 07's. Any input in greatly appreciated.
  • 27k and no interest on a new body style 07 that has a sticker of $34,800??? I would take that in a heartbeat!!
  • Myself and several people I work with have bought Silverados from various dealerships here in Oklahoma City. It seems that the going rate is 1k under invoice plus the rebate. I bought a 44k LTZ. Just check out the invoice price for the model you want and try to get under it before rebates. The dealers here all said that our invoice figures didn't include their advertising fee, which on my truck was 940! I simply told them that I wouldn't pay it, and they didn't put up a fight. Good luck.
  • MSRP on a 2007 2500HD Crew Cab LTZ IS 41364 including destination. 6.0 Gasser

    Made an offer of $37,000
    Minus Bonus Cash of $1000
    Minus Rebate of $1500
    Minus GM Card Dollars of $3546

    Total offer was $30,954 +Tax and $279 Title and Document fee

    Dealer countered back with $31,613 +TTL

    So I'm looking at a difference of $659

    Invoice price was 37850 so dealer offer was $191 below that before rebates. Any opinions on this offer.

    Also looked at a 2008 LTZ Diesel Crew and different dealer was already $850 below invoice on that before I offered anything. Wish I could afford the diesel.
  • jfritschjfritsch Posts: 958
    If you have the numbers right and the factory msrp is 34800 (no dealer add ons) the 27k with 0 interest for 72 months or so would be a 12k+ off msrp deal which is excellent. You want at least 9-10k off msrp a 33k-ish 07 truck.

    Good luck
    --jjf

    I hava spent the last two weeks looking at a 07 Silverado with a MSRP of $34,309. The best I could get with the Chevy Dealer was $30K and 0 interest.

    I am currently wheeling and dealing on an 07 Sierra with an MSRP of $34,800 they are offering me $27K with no interest.

    I am a first time buyer and have been wondering whether I am getting a good deal or not on the 07's. Any input in greatly appreciated.
  • Can I ask how you got the 5K in rebates, my dealer is offering only $2500.00 for the silverado crew 4x4

    Thank You

    Jackie
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