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Chevrolet Silverado Prices Paid and Buying Experience

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Comments

  • Not upset.
    I read some where in this post that you should be able
    to purchase a 2007 silverado for $10,000 off the MSRP.

    I just wanted to post that this is not the case in this area.
    Not one dealership in our area would come close to $10,000 off the MSRP.
    This advice may work where you live, but not here where I live.

    Chevrolet dealers here think that each vehicle is made of gold.
    And you should pay the market price. period.
    They act like they are doing you a huge favor to give you a GM rebate.
    What you want more???? Hit the door ya bum.

    I started with 15 local area dealers.( With-in 100 miles)
    This was the most reasonable deal at the end of a long exhausting search.

    Don't need the truck.
    Just wanted another toy.
    Only have 2 licensed drivers here. (Soon to be a third)
    Currently own 3 Camaros, 1 S-10 Blazer & 1 Caravan.

    I can & will just wait to see what next year brings but I ain't hold'n my breath
    For $10,000 off MSRP
  • Just so you know nebraska, the people saving 10k off of MSRP are the ones that are buy the fully loaded LTZ or upper LT's. The more options the vehicle has, the more profit that is in the vehicle. You are buying a BASE LS with very little PROFIT, how do you expect the dealership to pull this off? How much money do you expect them to lose, to earn you business?
  • I beg to differ.
    It was previously stated here that you should expect at least $10,000 off
    any 2007 silverado with a MSRP over $30,000.

    Infact if you go up to posting # 371 jfritsch said:
    "A very good deal on that would be around 22000-23000 or so. (with the extra stuff) See if you can get it into that range."

    The original MSRP of the 2007 silverado crew cab I was
    talking about was $31,300

    The adjusted MSRP as of a few days ago was $32,494.
    (They added limo tint & 5 spoke factory aluminum wheels.)
    So the $22,000 to $23,000 range jfritsch is talking about
    is still this fabled $10,000 off MSRP

    Granted $20,000 was a lower offer.
    $1,300 lower than $10,000 off we are talking about,
    but asking $26,889 is also a far cry from $10,000 off the MSRP.
    That is more like $4,411 off MSRP & this included all rebates etc.

    I was willing to go up but the all the dealers were stuck
    @ Edmunds invoice + $275 + what ever BS they could think to add on
    to jack up the price and then they'd offer you the rebate.

    I just don't see this magic MSRP - $10,000 deal happening
    anytime soon unless there is a large jump in the GM rebates.
  • jfritschjfritsch Posts: 958
    A very good deal would be 9000-10000 off msrp. What you should expect when clearing out the 07s (aug-november) would be 7000-10000 off. Depending on how flexible you are with options and how hard up the dealer is. If inventories of 07s are manageable, they can take their time.

    Happy drivin
    -jjf

    I beg to differ.
    It was previously stated here that you should expect at least $10,000 off
    any 2007 silverado with a MSRP over $30,000.

    Infact if you go up to posting # 371 jfritsch said:
    "A very good deal on that would be around 22000-23000 or so. (with the extra stuff) See if you can get it into that range."
  • Good luck now, GM just lowered the rebates this month. If someone gets the ad car and it is 10k off, don't expect another dealership to honor that price. Loss leader ads are just that, they lose the dealership money, hoping you will want another color or more options, and that more people coming looking for that car that is now sold and buy something else. People are also counting what they are saving in interest as the magic $10k off. Okay, makes sense but that is why people almost always op for the 0%. Interest on a 30k vehicle can very easy be upwards of 5-7k so you save lets say 7k in interest due to 0% and another 2-3k in profit the dealer has and now you are at the 9-10k mark. The dealer would love to have 7-10k in profit, but guess what, they don't.

    You want huge rebates? Then all of use that have already bought a Chevy or are going to buy a Chevy should be unhappy due to the huge rebates ruining our resale or trade-in value. Go try and trade in a dodge that have 5-10k in rebates ALL the time and see what they are worth.

    Bottom line if you want to save the most money look for an ad unit, and hope it has everything you want, which it probably won't. You can't have your cake and eat it to, so to say. Either pay more or settle, whatever makes you happy, but don't expect the impossible.

    Rant off thanks
  • jscanjscan Posts: 2
    It is cheaper to buy a Garmin Nuvi 350 GPS for about 300+/- than to have the GM mounted Nav. system. When you sell your vehicle you cannot take the mounted one with you. And also the portable Garmin can be used in any vehicle. Save the $ and use it somewhere else.
  • jfritschjfritsch Posts: 958
    Obviously, 5k off msrp with 0% financing is about a 10000 off msrp deal. (if your credit isn't perfect.)

    --jjf

    A very good deal would be 9000-10000 off msrp. What you should expect when clearing out the 07s (aug-november) would be 7000-10000 off. Depending on how flexible you are with options and how hard up the dealer is. If inventories of 07s are manageable, they can take their time.

    Happy drivin
    -jjf

    I beg to differ.
    It was previously stated here that you should expect at least $10,000 off
    any 2007 silverado with a MSRP over $30,000.

    Infact if you go up to posting # 371 jfritsch said:
    "A very good deal on that would be around 22000-23000 or so. (with the extra stuff) See if you can get it into that range."
  • So I'm looking at a 2008 2500hd with the diesel, ltz package (need the comfy chair) and all the tow stuff. MSRP is about $50,500. Dealer offer is $44,000. I will probably be paying cash. Is this ok?

    I hate buying cars. ;(
  • You could probably get a better deal if you were to have them finance it.
    The dealership makes money on the finance rate.
    You should be able to get them down below 42k for that truck.
  • what area do you live in?
  • The midwest, st louis area.
  • if the truck retails for 50,500 then you sould be able to get it for 41,900 with the $4250 in rebate that is available right now. (in socal)
  • I stumbled into this converstion and thought I would add my 2 cents. I just bought a 2008 Sierra with $4500 in rebates and the friends and family discount of $2300. I got $6800 off a MSRP of about $32,700. I intended to purchased a nearly new truck, but found with the $6800 discounts, I was hovering near the prices of 2006 and 2007 with miles on them or at last withing $1500 or so. One of the rebates ends today and another rended yesterday. I found when you get friends and family or employee discounts, they will not deal with you. They won't even install mudflaps for you. Maybe you will get lucky and find a dealer that will negotiate. My dealer was Prestige in beautiful Ypsilanti, Michigan.
  • Local dealer has a 2008 Silverado ext cab, Msrp $28500 on a 39 lease for 279 a month. $1600 due at lease inception and a buy out of $17200. How do you calculate what they are selling the truck for?
  • Looking to order a 2500 hd LT2 gas 4x4 Z71.

    Order MSRP will be around $42000
    Invoice will be around $38200
    I think I can get $500 below that ($37700) minus the rebates bringing the price down to around $33700
    Should I shoot for more below the invoice before I take off the rebates?
  • As I posted earlier we just bought a new Silverado LT1 and love it.

    Now, where can I buy the LTZ fine mesh grilled inserts to plug into my LT1?"
  • looking at leftover 2007 2500hd Lt1 package msrp. 44,300.00. how much do you think i can talk the dealer down .i live in the southeast.
  • Rebates are about $4000 on the 07's. With the MSRP I imagine it's a fully loaded 6.0 or a less equipped W/T with diesel. Either way invoice would be about $4000 below the MSRP, holdback would be $1300. So all together you figure around $10000 off sticker. Only problem would be if you roll cars frequently. An 07 gets $4000 in rebates where th 08 gets $3000. Point is the resale value is alot more than that $1000. If the dealer really wants to move the truck, there might be some wiggle room.
  • Being that we're in the first wave of good incentives for 2008 as of President's Day, maybe someone has some good ideas on how much you can get off MSRP straight up. I'm looking to buy at the absolute latest around Memorial Day from which some good incentives may come out at that time.

    I'm looking at a 2008 Chevy Silverado Crew Cab LT1 Z71 with an MSRP $34125. I saw a local commercial last night advertising 2008 Silverados $7000 off MSRP. Is this a reasonable no strings attached offer for this time of year? I mean they aren't possibly tying in your trade in and/or cash down are they? Is $7000 straight up off of MSRP a reasonable straight up sales price? Also can you still get the low interest offers by GM if you take the full $7000? I live in a Mississippi Metro area and am willing to travel to Dallas, Memphis, New Orleans, Birmingham to find the best deal. Another question how hard is it to get a dealer willing to find you your exact truck?

    If anybody out there has had a great experience on 2008 buying on Silverados, your input is most appreciated.
  • Well there is a $3000 rebate on that truck, so the dealer discount is $4000 on a $34125 truck. That's over 10%. Good discount. Just make sure they aren't adding, GM Card dicounts or military rebates. Surprised the rebates haven't gone up. Dodge is at $6000 and Ford is at $4750. GM still at $3000
  • Rebates are about $4000 on the 07's. With the MSRP I imagine it's a fully loaded 6.0 or a less equipped W/T with diesel. Either way invoice would be about $4000 below the MSRP, holdback would be $1300. So all together you figure around $10000 off sticker. Only problem would be if you roll cars frequently. An 07 gets $4000 in rebates where th 08 gets $3000. Point is the resale value is alot more than that $1000. If the dealer really wants to move the truck, there might be some wiggle room.
    Bank manager said book was 33,500.00 on the 2007, oh yea its got a 6.6 diesel. thinking about offer 35,800.00 out the door. or walk.
  • Does this leftover qualify as a new car? If so, you get all the rebates, but resale takes a hit. On the used market that truck is worth about $30000. I would be firm on $34000. You could get an 08 for about $36-37000. If you're going to hold on to the truck got with the 07, otherwise shop for an 08.
  • Does this leftover qualify as a new car? If so, you get all the rebates, but resale takes a hit. On the used market that truck is worth about $30000. I would be firm on $34000. You could get an 08 for about $36-37000. If you're going to hold on to the truck got with the 07, otherwise shop for an 08.


    I'l let you know in a few hours. 34000.00 out the door. or walk. oh yea the dealership its new, my bank its used.
  • MSRP 44384.00. out the door tax title fees 33916.00 great deal. but had to walk sale manager chaseed me down . glad its over.
  • Notracin, $10500 off MSRP is a great deal. Don't talk to the haters and just rest assured it's a good deal. One suggestion. If you like the GM products. Consider the GM card. I have the classic card and earn 5% on my charges. I then wait till they raise the allowances to 3500 and cash out.
    Is your truck and LT1 or LT2?

    I've been looking for an 07 or 08 with the sliding rear window. Very few out there. Oh well

    Enjoy the truck.
  • 2008 GMC Sierra.
    1500
    Crew Cab
    4 x 4
    Sle1
    Sle1 Preferred Package
    Z71 Off Road Package
    Power Pack Plus Package
    Dr 6-way Power Seat
    17" 265 Off Road Tires
    3.73 Rear Axle
    EZ lift Tailgate

    MSRP 35,755

    28,500 Plus Tax Out the Door.

    Quite a fight at the dealership. They "Forgot" 1,000 of the factory rebate and tried to add 300 in "Doc" fees. He played very upset that he was "losing" 400 on the sale.

    I felt like I did OK. Let me know if that isn't the case.
  • asylum575asylum575 Posts: 72
    According to internet pricing, the invoice should be around $32500. $3000 in rebates knock it down to $29500. Your pricing is $1000 under invoice. Excellent, I would jump on it. Where is the dealer located?
  • jfritschjfritsch Posts: 958
    A used 07 probably wholesales for around 23-24000 with 15000 miles on it (the big trucks wholesale about 12k off msrp 1st year) so you did pretty good. (you are within 20% of wholesale)

    Cheers
    --jjf

    2008 GMC Sierra.
    1500
    Crew Cab
    4 x 4
    Sle1
    Sle1 Preferred Package
    Z71 Off Road Package
    Power Pack Plus Package
    Dr 6-way Power Seat
    17" 265 Off Road Tires
    3.73 Rear Axle
    EZ lift Tailgate

    MSRP 35,755

    28,500 Plus Tax Out the Door.
  • I'm in boise idaho. I actually had a couple chevy dealers at the same price. I just wanted the gmc for looks.
  • nwpilotnwpilot Posts: 15
    Nice deal! Was Dennis Dillon the dealer? I'm in Boise also.
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