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Pontiac GTO
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Comments
2001 BMW 330ci/E46, 2008 BMW 335i conv/E93
2169...If any country outside of the US embraced the concept 60's muscle (big HP engines in a midsize RWD car) it was our Aussie brothers.
Besides, give me the build quality and interior of that "european" Holden GTO over any POS Detroit iron I ever saw!
As it was pointed out by another, GMAC isn't leasing in New York. They are offering the SmartBuy. Since it is "buying" not "leasing", there would be sales tax due at purchase. I think the first poster was confusing the "SmartBuy" with a "SmartLease".
No, Australia is not in Europe. However, the GTO's platform is an Australian adaptation of the Opel Omega platform which is based in Germany. Germany, the last I knew , was in Europe.
-nb2169
I have no quarrel with our Aussie brothers.The Holden Monaro is a fine automobile.I am not talking about going back to the 60's and 70's styling for a present day GTO. I am talking about GM's American arm starting with a clean sheet of paper and designing a new vehicle from the ground up.The GTO was born and made famous in the USA and I think it should have been re-introduced as an American designed and built car.
I disagree with your assessment of American vehicles as POS. I have never driven anything but American cars and most all of them were very reliable vehicles. In fact, my only disappointment was a muscle car that I bought used that had been hammered into the ground by it's first owner. I should have known better. I have read numerous posts talking about the superior quality of the materials and refinement of the interiors of European and Japanese vehicles. However, after looking at numerous pictures of European and Japanese vehicles, it appears to me that they are made of the very same plastic materials used in American made vehicles.
1) The good old boy American who's other car is a pickup truck, loves Camaros, watches Nascar, drinks Natural Ice beer, and just bought his daughter a purdy new Sunfire for her 16th birthday. This person doesn't care how much more refined the GTO is because they don't know any better (probably never owned an import) and simply think it looks like a Cavalier on steroids.
2) The up an coming later 20's/early 30's-40s college educated professional who wants a tastefully designed car with the build quality of a European automobile but the grunt of all American horsepower. This person drinks Heineken, loves BMW's, invests his money and wouldn't be caught dead in a Cavalier or Grand Prix but is astute enough to appreciate the finer points of the GTO and is actually attracted to the European/Aust. design and knows that the quality is more BMW than Pontiac. This person thinks the boys at the country club will be impressed.
When you are going after such different groups, the result is that nobody will really be happy in the end except those who realize what the car truly is and bought it for those reasons.
My 2cents
Jeff
2001 BMW 330ci/E46, 2008 BMW 335i conv/E93
it was invoice plus 3500 incentive. i wasted 3 hour last friday while they screwed up numbers (i walked out and went back in tonight), so they gave me an addtional $500 coupon.
i drove 50 miles home and it was pretty comfortable in ca freeway at around 75-80 mph.
a lot of power.
i didn't get very good mileage, but we will see what happens in coming days.
what kind of mpg should i expect on mostly open freeway driving??
Mileage depends upon M6 versus A4 - you have the M6, I have the A4. I was getting "around" 18 with my auto, but that was with AC on and mixed city/highway mileage (plus we have RFG, reformulated gas, which has about 10% fuel penalty over non-RFG).
Unfortunately, my car's been in the shop since 9/9 with a harmonic noise from the firewall, which the dealer, GM, and Holden haven't been able to fix so far - pretty frustrating (since the car's been in the shop more days than I've owned it). Hoping this comes to a resolution soon...
--Robert
Anyone looking to buy an 04 should wait til next week - 28th-30th GM is offering 0% for 72 months on 04 models.
http://www.detnews.com/2004/autosinsider/0409/21/c01-279951.htm
After two years, I don't think these GTOs are worth 20 grand.
I heard 8 grand off sticker price. I wonder, just wonder how GM could make money on these deals.
How could the GTO live a long life? GM could be loosing it's feathers.
On the other hand, this car already existed. Just a few things were changed to bring it over here - so it did not cost a lot, development ally, to bring to the U.S. market. And in typical GM fashion, I am sure this car was somewhat overpriced from the beginning - knowing that incentives would be used down the road.
Looks like daytime robbery.
i hope they don't call me back today to void the lease agreement!!
anyone familiar with residual value after 2 years and 40k?
All that being said, (Based on my net readings) I think the 63% residual is for GMAC low mileage leases (12,000@yr). The rate used should have been 62% (15,000@yr or extra mileages) for your lease. Take 1% of your MSRP,divide by 24, to get ballpark of how much higher the payment should be.
Dealer may not catch it but GMAC will when they proccess the lease.
I am guessing that my monthly payment includes $.10 charge, but I am not clear how. Residual is around .63. One thing that I've noticed is that there is a rent charge of $2042.40. Perhaps, rent charge includes $1000 of extra mile?
My purchase option is still at .63 of purchase price. If I am paying for extra miles in advance, I should be able to buy the car at lower price.
Lastly, if there is a problem of lease that I signed, what happens once GMAC discovers an error?
I know that my lease is much higher that quotes that I've got from several dealers in recent days.
I appreciate your input.
Is your Purchase Option price 63% of MSRP on the nose or approximately? Either way, I believe something is wrong.
Your 10,008 extra miles should be reducing the Residual Value of the GTO by $1,000.80. That is around 3% of MSRP. Even pushing the Purchase Option up by $500, you should still be under the 63% you report. Take 62% and 63% of your MSRP, subtract $1,000.80. Now compare those number to the listed residual value on the lease. Should be a few lines above where you found the "rent" charge. ("Rent" charge is the name the FTC picked to represent the "finance" cost of a lease). Do either of the numbers match?
You may want to call the dealership, and make an appointment with the Finance Manager (or whatever) and ask them to go over the numbers. But before you do have a plan in mind for what you will accept ( ie the can correct but you will not accept a higher payment).
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
They initially offer me 20K mile for 3 years at $471/mo 0 down. I've changed the deal at last minute for 2 year 20K with $5000 down. The payment is now $298/mo. If I remove $5000 downpayment, my monthly payment is slight over $500/month. It seem hard to believe that payment can only go up by $40 by going from 3 to 2 years. Perhaps, $5000 down have reduce finance charge quite a bit??
9/27 and 9/30 on the GTO.
The $3500 will not be available wtih this offer,
don't know if the $500 certificates(you can use 2 on the GTO) will be though.
'05s will be on the dealer's lots end of October first part of November.
I believe '05 production just started on 9/13. A couple of weeks to fill a ship, a month for the ship to get here, a couple of weeks at port and to the dealers, if everything goes very smoothly you're looking at late November. On the other hand if it goes like the first time around it will be December (again). Just in time for those dead of winter rwd sports coupe buyers.
How *safe* is this car, assuming it's wearing the appropriate tires for the season?
I've been driving for 3 days, and torque is awesome. I've got 6 speed, and I don't have to change gear that much in a stop and go traffic. It is surprisingly easy to drive. When road opens up, it takes off.
So far it really exceeds my high expectation. I had numerous cars including 2 bimmers and a mercedes, and I am surprised in build and ride quality of this car.
With the current rebate, it is a great deal. Where would you get almost M3 performance(who cares if you are not racing on weekend) and corvette engine with 2 extra seats??? I am so glad that I didn't get M3 last year.
Its the acceleration that kills the MPG. I've tried to keep my shifting to below 2000 RPM and the highest I've had a whole tank go is 23mpg; which was a weekend trip, all interstate.
My daily commute is 1 mile to interstate, 4 miles on interstate, 3 miles on traffic riddled 4 lane roads to work. In a typical week I'll also make a few 25 mile runs into Charleston. I can average about 19-21 mpg typically. I do "let it breathe" now and again...
I've had it for two months, 3800 miles. Impulse blue, blue leather.
If I am on a too high gear, for example 6th on 45mph, and I hit gas, I hear engine grumbling in protest. Is that damaging for engine or transmission in any ways??
Sometimes in highway traffic i leave on 3rd gear and it severs me well from 5-40 mph.
I lug my IROC a lot and when I had the clutch replaced at 105K my mechanic said the rear seal was leaking. He told me the seal had worn a slight groove into the crankshaft.
This was from the crankshaft moving back and forth slightly on each shift and from lugging it.
i now have 205K on the IROC.
By the way, congratulations. It sounds like you got a good deal on your GTO.
What matters is that I am having so much fun in my 50-mile one-way commute.
I've notice that MPH light is way too bright at night, and I've noticed that there is a service bulletin for that fix. I will take it it tomorrow to get it fixed. Also, all instruments went crazy once, but after restart problem disappeared. I've read that somewhere that it is a known problem for this car. I will mention to the dealer and see what they do.
" (2) The highway fuel economy test is designated to simulate non-metropolitan driving with an average speed of 48.6 mph and a maximum speed of 60 mph. The cycle is 10.2 miles long with 0.2 stops per mile and consists of warmed-up vehicle operation on a chassis dynamometer through a specified driving cycle. A proportional part of the diluted exhaust emissions is collected continuously for subsequent analysis using a constant volume (variable dilution) sampler. Diesel dilute exhaust is continuously analyzed for hydrocarbons using a heated sample
line and analyzer." - from the EPA PART 600 Subpart B, Sec. 600.111-80
- Ray
Believing 60 mph maximum is just a bit unrealistic, these days . . .
;o)
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