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Comments
So to get the GMS discount, I need to find someone who works for Chevy?
Also, regarding the 5K cash back. I was really looking at getting the 0% or 1.9% APR. My main question was if you think it's possible to get that APR now and still get about 8 to 10K knocked off the MSRP.
I doubt you can get 10k off msrp AND get 0%. It might be worth a shot though.
I really like doing the transaction via email. No dealership games for me! I walk into the dealer to test drive and to sign papers not negotiate. Over email they can't wear you out with delays and "Let me go ask my manager" bs.
What do you think is reasonable if not 10K, if I want the APR incentive? I always like to have a number in my head before I start negotiating with the dealer, but I definitely don't want to go overboard.
They have a dealer demo with 7k miles on it - they offered it to me at 12k under new msrp plus the 0% but I want to see if I can drag it down another 3-4K with this fleet manager. (Only things missing from this ride are ent and nav)
Typically when you contact dealers via email they will give you the MSRP and the "special" internet price. The internet price can be three or four thousand under MSRP.
Keep in mind that I'm getting a model that is a step up from yours for 37k before rebates(MSRP 42,500).
Contact several dealers and ask for their best price before any rebates are factored in.
Keep in mind that 0% only goes to those with awesome credit.
Checkout this site: www.carbuyingtips.com
Whats the MSRP on the car?
They can negotiate these things via email or over the phone. Instead of taking 2-3 hrs to get the deal done you can wrap it up in 10 minutes.
I dealt with some dealers online who spent every third word trying to get me to come in to the dealer instead of keeping things online. They would say they have plenty of Tahoes that fit my needs. I would respond by saying, if thats the case then it should be easy for you to provide the vin # of a Tahoe that meets all of my needs (colors, features etc) and give me your price. Some didn't like this approach. The reason they don't like it is they want to sell you whatever they have on the lot. They get you to come down to the lot, drag the process out, then hop they can convince you the deals are so good its worth not getting the car/features you really wanted.
Also avoid the Extended Warranties offered by the Dealer. They also might offer you Gap insurance and it too is marked up bigtime by the dealer.
I'm currently shopping at warrantydirect.com for my warranty.
Is it the same company?
Whoops...I just realized I might be confusing GMAC with GMS...can someone fill me in here?
I have been going round and round w/ dealers in the Tampa Bay area on Tahoe's and Yukon's and can not get anyone go below 33k on Tahoe LS's or Yukon SLE's. This is w/o the rebates as I would like to take advantage of the financing. All my communication has been email or phone and no one will budge.
Can anyone share dealer info in the Tampa or Florida area where a dealer was able to move on price on a Tahoe or Yukon? My target is 30-31K for LS or SLE.
Thanks
But is there a difference between GMS and GMAC discounts?
Also, does it have to be family...or just anyone willing to give you the "number"? Like I mentioned earlier...is this something I could go and ask my Ditech lender about?
Ford has a program, so does Chrysler. Im sure toyota and nissan may too.
GMAC discounts - never heard of those but i know you can use earnings from CCs
quoted $44700 WITH 0% financing
Think I can get it lower than that? This was first offer.
There are two "employee related" discounts: GMS and Supplier. In this particular situation the GMS discount was 2K lower than the Supplier.
However, on almost the exact same car, another dealer's "internet" price was 1K lower than the Supplier discount and 1K higher than the GMS.
I've heard other people question the "validity" of these referral discounts. Has anyone seen any real value to either the GMS or supplier discounts....do they REALLY make a difference?
Just a thought on how to find which is best.
I have internet prices from some clown in internet sales, I also have GMS pricing available to me. I also have employee pricing at competitors and Im going in to a dealer in which i was referred to the fleet mgr. This doesnt mean i will get a great price, but i feel having as much leverage as possible is the best strat. Also doesnt hurt that its the end of the year and sales are slow on these babies. If I purchase I will report back.
Thanks for the info...will definitely use that tactic.
I do want to mention that I did think dealers would be more flexible considering it's the 07 model and it's almost 08...but the one dealer I visited last night wouldn't even match a competitor's price and just let me walk out the door. He was very nice, though and simply said he just could not do it. This was the sales manager, btw.
Also, some dealers haven't even gotten back to me (via email). It just seems like they are "whatever" in terms of trying to get sales. Are these Tahoes selling like crazy or what? I remember when I was shopping for my bmw 2 years ago...I would send an email and I'd get a response sometimes right after I hit the Send button and dealers haggled like crazy with me...
I think getting a deal depends on how many are left on the lot and also if the vehicles have sat there for a while. Dealers pay monthly fees for every month those cars sit.. I would assume the best deals will be in december.
GM Supplier Discount offered a bonus 1k at one time this summer, so that was the only advantage I really saw.
I checked the site constantly for any new "exclusive" offers.
Also, info on friends & family members...but you better hurry!!!
Are my family members eligible for the vehicle discount?
Yes. Through October 31, 2007, eligible GM supplier employees have the opportunity to obtain authorization numbers for two friends or family members. In addition, each time you purchase or lease a new GM vehicle under the GM Supplier Discount program, you can share your supplier discount with one friend or family member.
Msg.#185 for our Tahoe.
The dealer I visited last night...his Supplier discount price was higher than another dealer's internet price, by nearly 1K on nearly the exact same vehicle down to color and options/trim. The MSRP on both vehicles differed by less than 500 bucks.
This is including the 1.9/72 incentive, btw.
EDIT: They called back and said they can't budge on 39.9...they are already losing money, etc. etc. Funny...I thought they were already losing money at 41.5K...yet they drop it almost 2K. I dunno...sounds like a good deal already. I guess I'll call around and see if anyone can beat 39.9K.
Also, with the longer term, you always have the option later on to kick in a little more each month and pay it off sooner...though at 1.9...I don't see why you would want to.
btw, just wanted to add that it's not a bad deal as long as you know what you're getting into and that you better be prepared to keep the vehicle for a long time because you will be upside down for nearly the duration of the term.
We bought used, so we used our credit union and got a decent rate.
Msg. #185 For our Tahoe.
My understanding from books I've read on car buying is that they start a digital file on you the second you have first contact with them. So the fake name thing may make them lose respect (like they had any to begin with lol) for you.
Every dealer I've called, when they ask me for my phone #, I ask if they already have it & they admit they do.
Unfortunately, like Edward23, I experienced a lot of dealers letting me walk. Tahoes are in short supply here, the 08's haven't hit the lots in any significant numbers & the one I wanted had been sitting on their lot for 577 days. Didn't matter. They were still unwilling to negotiate as much as I expected.
Question, re; the supplier & GM discount? Do you have to tell the dealer. Back in 92 we bought a Ford (that we still have) & had a vendor discount. The way it worked was that we never had to say a word to the dealer. We were free to negotiate our best deal & after the purchase, we sent our paperwork into Ford & got a $2K rebate sent directly to us. The dealer & sales rep never knew. Are there any supplier/vendor rebates like that? I would think
that would be far more advantageous then having to tell the dealer you have a discount.
It's really a piece of cake once you have the spreadsheet. I imagine the same thing is printable from Chevy's website.
According to brochure, sunroof is n/a on the LS & is Optional on ALL other models.
I know this relates to a Suburban but I've also seen the same deals on the Tahoe. We previosly had an early build 2007 Tahoe and just recently traded into a 2007 Suburban. We saw an ad for Bill Heard Chevy for up to $14k off a Suburban. I wasn't convinced that we could get that price but my wife wanted to try to she went out to the dealership to negotiate. A few hours later we were offered $9k off plus the special financing rates or $14k off w/other financing. She just stuck to her guns and outwaited them. This took place on Sunday, Sept 30th, so don't know if being the end of the month helped us out or not. We got a LTZ w/every option. It was built in Dec 2006 so there may have been some extra money to give to us due to its age, although from reading on here that aged bonus seems to have expired before we bought. Hope this helps.
Tom
Silver Birch with Black leather interior
2nd row captains chairs
Both driver and passenger have power and heated seats
Power Sunroof
Premium 20" wheels- Polished aluminum
Bose sound system/ XM Radio/6 cd changer
rear parking assist
remote start
Several other features I can't think of right now.
The vehicle has 14 miles on it
MSRP $44,000
My price after GMS Discount plus $8,000 in rebates and dealer cash= $31,847
Total out the door price $33,327.76
I put down $18,300
I'm financing the balance (just under 15k) at 7.45% for 60 months.
I will probably try to refinance at better rate down the road.
I also received $3,000 in Dealer Bonus Certificates
These are certificates dealers get from GM for having inventory on the lots.
They don't have to give you the DBC and some will even deny knowing about them. There are Dealer General Managers who don't tell their sales people about them so they can just pocket it all (especially at smaller dealerships where they don't sell as many cars).
Even with the deal I got, the dealer made something like $3,200 profit becuase of holdback and other incentives they get from GM.
MSRP $49,500
Got down to $43,500 OTD with 1.9%, 6% sales tax
I wanted $41,500 OTD. Dealer said he was giving me dealer certificates and giving up commissions to get his price. I walked.
What do you think?