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Comments
Can you figure about invoice minus the 6,000?
How many miles on the LTZ you sold for 37,000 .... do you remeber the MSRP. I've also got 3,000 GM credit card credits. I like white ... I'm trying to get a good quote on that other white color thats an upgrade.
Keep the info coming
Thanks
I have a feeling that gm will not start building the 09's in heavy volume until they clear out the 08's. They are not going to fill the lots and have 6000 rebates . They will idle the plants and clear the inventory. Interesting times, I have been buying and selling vehicles every 6 months for 38 years and have never seen anything like this.
What I want to know is if I can get additional money off from the dealer's part. I mena, GM is the one giving the discounts, so the dealer is making his usual profit, right? Could I bring that up while haggling?
to take the 0% you give up the $6k.
if you take the 2.9% special rate, you only give up $2k of the rebate.
if you take the $6k, std. GMAC rates are in the 5%+ range for 60mos.
if your dealer got notice of another $1500, the incentive summary sheets sent out to dealers should get updated today...ill keep a lookout. the last update was July 10th. GM has been updating them on average about 1x per week so another change wouldnt surprise me.
I WISH THEY REMOVE THE REDEMPTION CAPS ON GM EARNINGS.....
You know the interesting thing about the GM Card points is that, at least with my card, it is an HSBC card. This would mean HSBC is financing the program, not GM. The bank gets 3% on every purchase, to pay you 5%, they are banking on interest from balances. I never carry a balance and accumulate points like crazy. Point is, I'm not sure why GM wouldn't increase the redemption allowance. There must be some % deal between HSBC and GM that we don't see.
I'm with you, I have over $4000 in GM $ and have switched future credit card purchases to a different card. If I can only redeem $1500 at a shot, my $4000 will be around for a while. I went as far to request a special allowance with no luck. They had a $1000 bonus about a month ago that I wasn't invited for. I guess the sqeaky wheel doesn't always get the grease.
given that most GM card holders are past, present and certainly future purchasers, it would seem to be a great captive audience to market a greater incentive to outside of the incentives through the dealers....at least double the allowances on the slow moving SUVs/trucks.....i have over $5k now and only use amex and an airline card....
well let's hope it is true....although i would expected the incentive summary matrix to be updated today and showing it....myabe tomorrow....
here is one dealer that posts it on the web incentive matrix
When the 2009s are out good, does the dealer get an extra incentive for selling a 2008.
I'm getting some fairly good quotes ... seems you can get 21% off msrp on a ltz at any reasonable dealer ... some will discount more.
Thanks for the info guys ... keep it coming please
Would an extra discount for a demo be out of the dealers pocket ... or is there some advantage they get.
Thanks
How did you come up with 24.4% off MSRP?
What was MSRP and do you know what invoice was on the vehicle.
I am trying to figure out if dealers really are going below invoice on these Suburbans. Kind of hard to figure out what invoice really is on some of the options. Like the cross bars for the luggage rack. Edmunds and Consumer reports list the invoice at $75 but the MSRP listed on the window sticker says $45. MSRP is supposed to be $90.
The dealer we are working with won't go into holdbacks so if there is a dealer incentive out there I would love to know about it. I know I can get them to pass that on to us because they have done it before on a different vehicle.
Where .. in general ... did you get that good buy.
I want one ... I hope I don't mess around too long and the rebates softens ... I was thinking about waiting another month or so while I continue to shop.
I'm about ready to pull the trigger
ebay listing
the problem with waiting of course is less inventory and potentially having to settle for a color/options combo that you do not want....to me it is not worth saving maybe a $1k and settling for a car that is not equipped the way i want...i think there is little to no chance that a dealer will trade to get you a truck if they are selling below invoice and are into their holdback... my experience shows that if they are making very little cash, you need to be quick and not waste their time...get the deal done and be mindful of the fact that even though you are spending $40k, they are dumping a truck that they had hoped to make a few grand on and may only be making about a grand or so on....
What kind of mileage are you guys getting?
I'm looking at Tahoe with LTZ, sun entertainment package, retractable power lift steps, and cross beams. MSPR: $54,365 Invoice: $48,639.
What price should I be paying
Based on what they are showing, you should be looking at 13k or more off of MSRP.
What they are doing now is not in their best interest ... sooner or later they will tighten up supply and the price firms up.
I'm the worlds worst ... still holding out for better deal ... I need to go ahead and pull the trigger
I am also looking at another vehicle and that sales rep. sent me 6 emails yesterday. Has located vehicle (was not on their lot) and we are within $500 of negotiating price.
GM dealership will have 1 day to try and give me a better deal or I will end up buying other vehicle.
Go for it ..... let us know the final deal ..... I may do something this weekend
I like the Tahoe and would prefer to buy American, but will buy the vehicle I feel I am getting a good deal on. I may try a different Tahoe dealer today to see if I get a better response, but looks like no Tahoe for me. Also, the dealership I am discussing new Tahoe with is dealership where I get my current Tahoe serviced. You would think they would be more than willing to do business with me.
Where did you get that deal?
GM employee offer only good through the end of the month.
I had '05 Tahoe and can't believe the difference between the 2. Much quieter on the inside, stero has much better sound, fuel management dropping from 8 to 4 cylinders can get me 20% better mileage in city driving. Only had for one day, but if you're light on the gas pedal can get 18 mpg city vs. 15 in my '05 tahoe. Radio with navigation looks better, etc., etc. By far best Tahoe ever made.
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Thanks for moderating the board ... I really like using it.
I did have one question ... when I got to edmunds and price a car ... then go to cunsumer discussion ... it took some searching around to find the thread about buying and pricing experience for suburbans .... most cars I've research it's easy to find. If I may ask, how is that determined?
Thanks again for this excellent service.
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