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Comments
At this point, it would be hard pressed to run into any car deal that wasn't "good". Given the Red Tag supplier price minus all the rebates & cash possible, you're good to go.
i hope there isnt a catch here thats why i wanted to ping the community to see if anyone else also got similar deals.
but what if...GM and Chevy disappear off the map? Wouldnt that make cars like Malibu (and a host of other American cars for that matter) a dangerous proposition? We wouldnt know how/where to get it serviced, spare parts etc. might be a challenge.
I need to hear from the community on what are their thoughts and basically instill some courage in me so i can pull the trigger on the malibu
the union has a choice here....take the concessions and not wait until 2010 when they kick in anyway.....I believe it will all be tied to the TARP $$ regardless if the industry is to get the $$
be around to service cars...
For how long?
Some five years ago, there were three GMC/Pontiac/Buick dealerships in
the ten-miles' zone around where I live. Now? Zero.
Five years ago, I owned and valued a Pontiac Bonneville -- but I would
not buy a Pontiac or Buick at any discount these days. The issue is
not so much a quality -- but where would I service it?
the small ones will close, the larger urban ones will
survive....
Doesn't look like it's the case with Pontiac/Buicks, does it? All
other things equal, the lower a make's dealers density, the lower the
brand's attraction. And things are by far not equal, not to GM's
advantage. When did you last see a person dreaming of purchasing a
Buick?
Chevy seems to be the only GM's brand with a meaningful chance of
survival -- but I am not quite sure it will, either. No matter how
much I love my current two Bu's, had I had to buy another car now, I
doubt it would be anything American. To hell with my GM Card points,
to hell with the discounts -- I have zero confidence that potential
problems would be resolved in acceptable time and in a reasonable
distance from home. (I am saying this as a delighted customer of
three Chevy dealerships around now -- but one of these dealerships
also bought a GMC/Pontiac/Buick business just three years ago... Took
them about a year to shut it down -- no demand.)
the union has a choice here....take the concessions and not wait until
2010 when they kick in anyway.....
Oh, no, they don't. Not anymore. GM cars have to be given out for
next to nothing in order to be taken en masse. This is not going to
happen for various reasons, so the union will have to find another
place to make their choices at. Ah, if only they fought for quality
when it mattered, how much happier we all would be these days...
(Here is some fresh enlightening reading on the subject:
http://www.usnews.com/blogs/barone/2008/12/15/who-is-at-fault-for-the-decline-of- -the-big-three.html)
I had to drive out in that direction, so met with the salesperson and drove the car and really liked it, even better than the Sonata....$2000 dollars better, I'm not sure. I had been planning on a 4 cylinder, but the remaining three were 6s. I emailed him last night and offered him $21,500 , with 8% taxes plus fees $23500 OTD, I'm still waiting to hear.
A couple of questions:
- Is that a reasonable price? seems to me it is.
- Is the jump to the Malibu from the Sonata worth the $1500 difference in price?
- Although I like the drive of the six cylinder better than the four is the millage going to be a lot worse?
You want 7k+ off a malibu, more for the higher models if at all.
The Titanic's keel is out of the water, the props spinning , and the UAW wants to wait to "2010" to man the pumps. (with their ever present "stewards" in blue shirts and golf carts (paid for by the company of course) to slow the work down so as not to "overtax" the worker.)
Democrats will feed the UAW your tax money for a year or so, along with their pension fund. (with the union dues going partly to the democratic party) and the vessel will hit bottom (no business model for consumer autos involving the UAW in any way can stand up straight) Unlike the banks who can repay their loans from the FED, the auto money will be a gift.
Ah blue state politics.
Good luck
--jjf
be around to service cars...
For how long?
Some five years ago, there were three GMC/Pontiac/Buick dealerships in
the ten-miles' zone around where I live. Now? Zero.
this my exact point of what is the problem...why does there need to be 3 of the same dealerships within 10 miles of one another....GM has over 7K dealerships, Toyota less than 2k if Im not mistaken....perhaps less.....
Five years ago, I owned and valued a Pontiac Bonneville -- but I would
not buy a Pontiac or Buick at any discount these days. The issue is
not so much a quality -- but where would I service it?
Again....too many models, too many frames that arent making $$ or are duplicates of others...GMC is Chevy rebadged....Buick....sells well overseas but not here, stay wtih the Cadillac line...Pontiac...make it the rear wheel drive niche muscle division
the small ones will close, the larger urban ones will
survive....
Doesn't look like it's the case with Pontiac/Buicks, does it? All
other things equal, the lower a make's dealers density, the lower the
brand's attraction. And things are by far not equal, not to GM's
advantage. When did you last see a person dreaming of purchasing a
Buick?
Agree,,,get rid of the Buick in the US...keep it an overseas model
Chevy seems to be the only GM's brand with a meaningful chance of
survival -- but I am not quite sure it will, either. No matter how
much I love my current two Bu's, had I had to buy another car now, I
doubt it would be anything American. To hell with my GM Card points,
to hell with the discounts -- I have zero confidence that potential
problems would be resolved in acceptable time and in a reasonable
distance from home. (I am saying this as a delighted customer of
three Chevy dealerships around now -- but one of these dealerships
also bought a GMC/Pontiac/Buick business just three years ago... Took
them about a year to shut it down -- no demand.)
I beleive GM will survive in some form....I just bought an 09 Cadillac CTS in Sept, but will have to slim down....Cadillac, Chevy, Pontiac and Saturn maybe?
the union has a choice here....take the concessions and not wait until
2010 when they kick in anyway.....
Oh, no, they don't. Not anymore. GM cars have to be given out for
next to nothing in order to be taken en masse. This is not going to
happen for various reasons, so the union will have to find another
place to make their choices at. Ah, if only they fought for quality
when it mattered, how much happier we all would be these days...
wil be interesting to see what the UAW does under restructing of the auto companies if it occurs..
I am sure if you buy any GM car and GM survives , you will be able to get service at any GM dealership. I could take my Olds Aurora to any Chevrolet dealer and get it services after Olds closed. It was actually kind of nice because the nearest Olds dealer was another 5 miles away.
That seems to be the most widespread opinion these days, and I can see
a model or two in almost each one of the brands above -- a model that
can give the brand at least a small chance of survival, e.g. Malibu
and Silverado for Chevy. But Buick? Which Buick model makes that
make a candidate for survival? Or you think it can be a winner in,
say, China, without a single model being at least slightly ahead of
the competition?
Good-bye Saturn, Pontiac and Saab.
Pontiac, on the other hand, has Vibe, G6, G8 and Solstice, which are,
at least, interesting.
I think even if Pontiac goes away the G8 and Solstice will be transferred over to Chevy. I heard GM was selling it's stake in the joint venture with Toyota. So the Vibe will be discontinued.
Is $18500 OTD a good price for a new 09 Malibu LS base + side moldings + mats? MSRP is $21650. It's in California with 7.75% sales tax. Thanks a lot!
The new Malibu has held its value better then previous Malibu's, if you check on kbb. On the other hand, I have seen used 2008 Malibu LT1 and LT2 going for $18.5K OTD with about 10-15K miles on them. Something to consider. If you plan on keeping the car for a long time (over 5 years), I say go for the deal.
Regardless, the Malibu is a very nice car.
it seems apparent the sales manager was either not knowledgeable of the GM points or unwilling to do the work to research and correct the problem....and by his actions cost him a sale...
Btw, Performance Chevrolet has the best service department in the area. Sullivan's and Daugherty's service departments do poor work.
I am in western NY and if you offered 17.5 for a 2009 1LT here, you'd be escorted off the dealership lot by security. Too many classified ads and other pricing which started in newspapers makes a lot of assumptions when it comes to GM cars. The bottom line price is good only if:
1) You are trading in a lease.
2) You are putting down $2-3k for a down payment or trade
3) You are a member of the armed services.
4) You are buying a car from the same dealer you bought the last one from.
That's because that price is valid only when you meet all of the four above conditions. Oh, and usually that price is good for the white or black car.
I generally ignore these kinds of "ads" and "sales" in the newspaper and try and focus on the invoice price minus rebates and then work from there to argue over dealer profit.
The "red tag" pricing deal also has some of our dealers saying the negotiation is already done for you in the price. That's not usually true with most, of course, but they are using that in their arguments. Another hurdle to overcome.
We have dealers locally that are simply not going to lose money just to move a car. They will tell you honestly they cannot do business on your terms and will themselves end the negotiations and show you the door. I think the marketplace in different areas and the costs of doing business can make a lot of difference in pricing. My experience has been, in this area, you can usually get a GM dealer to do a deal for $200-400 over invoice (factoring in rebates as well), but that's about it. I see in suburban DC and Virginia lower pricing on some vehicles than is possible in this market, but then it comes down to convenience and time as to whether it's worth it to you.
I despise car shopping because I hate the games and the nonsense. I probably am not getting the best possible deal I could, if I bought my car from a dealer 100 miles away I spent days or weeks trying to argue down a few hundred bucks, but it's just not worth the time, aggravation, and stress to me. I don't buy base, which is often where some of the mass market deal competition is. I will walk into one or two dealerships with the invoice price (note that with GM, some of the supplier/employee discount pricing does NOT work with GM Card points unless you have their special GM Family & Friends card) and armed with the rebates, and then argue over how much more they'll get from me for profit. And then I'll say no to the finance guy who will try and pad extras, and will arrange for my own financing in advance and let him or her try and beat it if they can so I don't find my loan rate jacked up.
And then I'll be glad it's over and done with.
I'd love to get as much info as possible, as I am not adverse to heading on a road trip for a decent deal.
Up until that point I had pretty much decided on a Hyundai Sonata Limited that I had priced out in Buffalo for $20k and had every intention of buying after Christmas. Up to that point, I preferred the test drive of Malibu but the best I could do locally was $21.3k for a LT1, 4 cylinder 6 speed with sunroof, vs. the Sonata that was loaded. All that changed when I drove the 6 cylinder LTZ, I liked it much better than the Sonata and knew if I bought the Hyundai, at some point I would have regrets that I didn't stretch for the Malibu. I had no intention of committing that night, but they were obviously motivated and while they were very ridged on the price, they asked me to think about what it would take, and to let them know.
I discussed it with my wife that night and decided if they could get the price down to $21,500, I would commit to it. Working with Aaron, I was able to get the price down to $21,700 and they absorbed $200 of the fees, bottom to me was the same as a my asking price. I drove down and picked up the car that Saturday, it was as painless and pleasant a transaction that I could have hoped for, and was, I believe a great deal on a great car. I've had it for a little over a week and am thrilled with it.
It certainly would be worth a call, and defiantly worth a drive if you could save the amount i did over local dealers. Aaron and the finance person were the only people I dealt with, but I can vouch for the fact that they were very straightforward in my dealings and I would certainly use them again. Good luck.
Call me crazy but when I was on the GM site tonight it appears that they raised the rebates from $1000 to $1250. (dated Jan-2, today) Would I have found out about this before the dealer?
Manufacturer Sticker $23,770
I used $3,350 gmcard rebate
Bought it for $16,640 before sales tax.
21,475.00 msrp
my discounted internet price is $16,250.00plus TTT.offer is good for 7 days.
For some strange reason these dealers are defying the fundamental tenets of economics---i.e. prices fall in response to slowing demand. But not at my local Chevy dealerships. Since they are unwilling to slash prices I would have to assume that they are getting part of the bailout money. Shouldn't we all be participating in the windfall or does that money only benefit a few (as in GM dealerships).
That ain't right!
My understanding is the only money that could help dealers thru GMAC . That will not effect the price,just whether someone can get financed.
I hired Authority Auto to go find the car after a lot of stonewalling and difficulty negotiating here in western NY. Basically most of the dealers around here know where each other will land pricewise, so nobody usually goes well beyond regional pricing unless a car is dead weight on the lot (unpopular model or it's been there since the spring). And with all of the hidden extras and surprises, you really are at a loss to know whether you are really getting a good deal or not.
Authority Auto, which is one of those car buying concierge services that was featured on Edmunds had its good and bad points. The service is much more expensive than I thought it would be. The pricing is tiered and once the MSRP exceeds $23k, they want $700 for the full service package. That is very steep. The assumption on my part would be they would get a better deal than I could myself, and potentially save me money and, more importantly, aggravation.
The website suggests services and options that in reality they don't seem to do (transporting cars direct to your driveway was often mentioned on the website but was largely dismissed as an option on my first contact phone call with them). Also, they do check dealerships all across the area for pricing, but are reluctant to go beyond that, so at least for me, pursuing potentially better deals in adjacent states wasn't an option with Authority.
But they did negotiate hard on my behalf and were able to cut through a lot of the nonsense, and when surprises happened (the car I was originally planning to buy was sold out from under me by another salesman), they were able to extract additional concessions from the dealership. In the end, they were able to get my Malibu at about $300 under invoice with a $130 premium mat package thrown in for free, as well as pushing for some additional loyalty money, because it turned out the best deal they found was at the same dealership I had purchased my last two Malibu's from - Bob Johnson Chevrolet. So that was another $200 and change off.
Did Authority save me enough to make up for the cost of the service? Not really, but the fact they did all of the work and negotiating was worth the $200 or so extra it cost. I would have probably settled for $200 over actual invoice, not $300 below it (plus added goodies), all without some salesman browbeating me and wasting time with stalls and magic fees and numbers that suddenly changed when the purchase offer was typed up.
I hate confrontations and the feeling that someone else got a far better deal than I could manage, and considering the competition Authority was able to set up between dealers did, in the end, assure me that I got the best deal I could at this moment, in western NY, for the car I wanted. I would have hoped to throw Simmons-Rockwell down in Bath into the competition, but they tend to only carry LS base models, the LT2 and the LTZ. The base lacks power seats, mandatory for me, and the LT2 and LTZ were really overkill for stuff I would almost certainly never used or cared about, so I got just enough car to make me happy. Plus the GM Card's top off rebate helped as well as the owner loyalty money.
BTW, Penfed.org (the Pentagon Federal Credit Union, which anyone can join anywhere in the USA) has 3.99% financing on new/used/refi car loans, so consider them instead of dealer financing. You'll save money and often get extra rebate cash. I was pre-approved in minutes.
In the end, it was just under $19k out the door (including every rebate + GM Card earnings), which also includes outrageous NYS tax and fees. If anyone wants to get a copy of my purchase order to show a dealer if they are stonewalled, I can probably find a way to get a PDF copy up somewhere.
Remember, some people here will occasionally post crazy savings deals they claim to have scored for themselves. Is it possible? Sure, usually on demos and vehicles that have been sitting on the lot for months and months that just won't sell, or for some "perfect storm" of savings, especially in very depressed regions of the country where dealerships are literally in major peril. But I'm pretty confident after months of exploration that, at least in my area, the price I managed should be do'able for most people if given the ammunition to fight for it, without some salesperson telling you are nuts for even suggesting it.
Remember, the Malibu is still pretty high on the GM flagpole of popular models, so they are less willing to discount this to death like someone buying an Avalanche when gas was $3.80 a gallon. They couldn't give those away in a lot of dealerships at ANY price, thanks to the 13mpg they often get.
https://www.penfed.org/howToJoin/overview.asp
many dealers are offering 0% financing as well.....chrysler is offering a ton or rebates right now with that finanicing........
What's your msrp of the car? Is it a 4 cycl with 6 speed? I am also looking for the LT1 Malibu. But it is hard to push down the price. Could you please send me a copy of the receipt. Thanks. My email is zdeal@hotmail.com.
not worried about credit rating....was looking to replace my 04 Malibu Maxx with 137K on it last Sept with the new malibu....and ended up in an 09 Cadillac CTS...and keeping the Maxx.......go figure.....