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Chevrolet Silverado Prices Paid and Buying Experience



  • lev280lev280 Posts: 27
    Spent some time talking to a few dealers around town. Was offered $8500 off the MSRP for Texas Edition. $6500 is the published rebate from GM for Texas Editions. It seems the dealer is offering $2k on top of it. The sticker price for the 4x2 Extended cab TX Edition is $34,090. Wondering if anyone in TX & on this forum has been offered better price this month for the above trim/spec?
  • henry_nhenry_n Posts: 33
    I have seen some articles saying that Chevrolet has a "too large" inventory of Silverados on hand (110 day supply, versus the prefered 75 day supply). This would seem to indicate that there should be some hefty incentives on leftover 2011 models in a short while, like maybe October. I am interested in a Texas Edition crew cab myself. Anyone have any thoughts/predictions?
  • dave377dave377 Posts: 1
    I just got a quote yesterday on a new 2011 1500 LS Crew cab 4x4 in the Boston area for $28,800. Have you seen anything better out there?
  • jamtracyjamtracy Posts: 75
    Honostly I think you can get an LT for that price.
  • Nine months later- I can assume you bought at those prices?

    Dealer wants 21k for a V6 crank window 1500 series 2wd Ex cab W/T Silverado ..or for that matter a GMC in the same trim.

    This is with EVA- 5005.00 rebates, a 1000.00 private offer, and its a 2011 leftover- needless to say- I'm not impressed.
  • Does anyone know what the limitations are on the financing incentive? I believe there is a $1k incentive on the captive financing, but what is the minimum amount that you have to finance, and how long do you have to wait before refinancing?

    The last time I was faced with this, it was through Ford, and the minimum amount to be financed was $7.5k, and you had to make 3 payments before you could refinance.

    And approximately how bad are you getting scr**ed on the interest rate? My credit union is offering 2.49% for 60 months.
  • I am currently looking to purchase a 2010 or 2011 Silverado 1500 LT. I came across one with the following options.
    2010 5.3L Taupe/Gray Metallic 2WD
    Package add-ons - 1. Interior Plus 2. Power Plus 3. Exterior Plus 4. Z71 Appearance
    It has around 18,000 miles on it.
    Dealer is asking $25,500. Edmund's is showing around 22,279 for trade in value. And I assume no dealer is actually giving a customer that much for a trade in. Does anyone know the avg percentage below trade in value that most dealers buy vehicles for? My question is where to start the negotiations. What is too low? I do not have a trade in, will be paying with a check, no financing from the dealer.
  • chuck1919chuck1919 Posts: 176
    edited September 2011
    Did you run a carfax? Did the dealer buy it from a private party or at auction? Was it a return lease vehicle? These items all have bearings on what the dealer paid for it.

    A guess would be (and it's only a guess) is that perhaps the dealer paid "back of book" meaning less than the wholesale price. I believe the high gas prices are making trucks soft in the market place. I would start at wholesale book and not move much and see what happens.
  • Dealer purchased from a private party, and it was not a lease vehicle. How do you determine what the wholesale book price is?
  • Look in the NADA Blackbook for dealer trade in value - and then he (the dealer) probably got it for little less than that.
  • sb55sb55 On an Island in VermontPosts: 325
    Search for the "Real world trade in value" forum, here in

    2007 Miata PRHT, 2014 BMW 535d X-drive, 2017 Chevy Silverado LTZ Ext. cab with 6.2 V-8

  • I would worry less about what the dealer bought the truck for and more about what u are paying. Its a 2WD 2010 for 25k. Probably about 34 to 36k New. with the 4505 Cash incentive on New you need to determine how much you are willing to pay. Honestly I would not pay more than 23k for it.
  • jamtracyjamtracy Posts: 75
    edited October 2011
    I agree. I bought a 2011 GMC Sierra SLE which included two nice packages for 26K with a 36K MSRP in NorCal, Honestly if I was looking for a late model truck I would go new before used. Just my opinion.
  • chuck1919chuck1919 Posts: 176
    What the dealer paid does matter. Most dealers will not sell a vehicle below their cost. But it's true - you can buy these trucks new for 10K off MSRP.
  • henry_nhenry_n Posts: 33
    2011 Silverado 1500 Crew Cab LT with Texas Edition package.

    The window sticker was a hair under $35k. Lone Star Chevrolet here in Houston is advertising these in the paper for $26,488 with the $5,005 in incentives presently available. The one I picked out was a little over $35k (rear window defogger and underseat storage), added about $350 to my bottom line. Most of the trucks they have are equipped with something that will raise your price, but you can find one at the advertised $26,488 if you're not particular about the color. Based on my recent shopping expeditions, this is about $3k less than a similar Ford equipped with the V8, and about $4k less than a similar ford with the EcoBoost engine.

    Texas Edition, includes
    Vortec 5.3L V8 SFI FlexFuel engine,
    (S83) 4 - 20" x 8.5" (50.8 cm x 21.6 cm) chrome-clad aluminum wheels,
    (DL8) outside heated power-adjustable, chrome-capped, manual-folding mirrors,
    (CJ2) dual-zone automatic air conditioning,
    (UPF) Bluetooth for phone,
    (UK3) steering wheel-mounted audio controls,
    (UUI) AM/FM stereo with CD player and MP3 playback,
    (AG1) driver 6-way power seat adjuster,
    (T96) front fog lamps,
    (Z82) trailering package,
    (A60) locking tailgate,
    (PPA) EZ-lift tailgate, bodyside moldings with chrome accents, chrome door handles and Texas emblem badging
  • chuck1chuck1 Posts: 1,405
    Congrats. They are great trucks.

    The same discounts are available in Southern California per your description.
  • Nearly two months later from my last post and I bought my new 2011 extended cab GMC.

    27k MSRP, with all the discounts I was entitled to- 20,400 out the door, taxes included. Even got in a color I wanted, as most are now white or red.
  • Bought a 2011 Chevrolet Silverado 2WD Work Truck Regular Cab Long bed a few days ago. Bought it in Dallas and with all the rebates and GM Card, got a $7005 rebate. Bought it for invoice. Has the 5.3 in it, 3.42 axle, cloth seats, HD trailering/towing package, power windows/locks/mirrors,remote,cd and cruise. Out the door $19,879. Great truck for under 20K.
  • gmcustsvcgmcustsvc Posts: 4,251
    Great to hear that you have your new vehicle! How’s it been for you over the weekend?

    GM Customer Service
  • Some 2011 Silverado 5.3 engine owners don't know it, but you can see if your Active Fuel Management is working while you are driving. It's on your Instant Fuel economy gauge. You will see it switch back and forth from V8 to V4. It will always go into V4 when the road grade is declining or you are slowing to stop. You aren't using much gas then anyway. It is supposed to be in V4 when cruising at a normal steady highway speed (unless you put it under more load like going uphill). The explaination is on page 9-40 of your owners manual.
    Apparently, some owners don't realize that their poor gas mileage, at normal highway speed (around 70 MPH) is because the AFM system is not working as advertised by GM and their sales people. If you are not getting the gas mileage you expected, that's probably the reason. The hidden surprise is, THERE IS NO FIX, according to the GM engineer who looked at my problem. When you test drive one of these, be sure and check to see if it's working properly. Apparently some do, and some do not. And most of the sales people don't really understand how and when it works. They will tell you anything to get you to buy it. BE CAREFUL and verify what you are told. Talk to the mechanics, if you can.
  • chuck1chuck1 Posts: 1,405
    edited November 2011
    PLEASE do not buy a truck if you are not going to be using it regularly for towing and hauling.

    Please do not believe the sales people at the dealers. Do your own research.

    Remember, the internet is a beautiful tool for gathering information. On the other hand, anybody can put information on forums that may or may not be accurate.

    Congratulations for GM selling slightly over 50,000 pickup trucks in October! Both Sierra and Silverado combined! - - - 1-picture
  • Great buying experience at Victory Chevrolet in Petaluma CA.

    Reached them initially through the USAA car buying service. Had some concerns at first since I live in Sacramento, but a good deal is worth travelling for.

    Only had to visit the dealership once to test drive and get the paperwork. Everything else has been handled by mail/fax, and the dealer will deliver to my front door for no charge. I found them to be very patient, flexible, and willing to work around issues.

    I would definitely recommend a look at these guys if you are in NorCal - they are willing to put in the extra effort to get your business, and can make the long-distance buy pretty easy.

    2011 Silver Green LT (1LT) 5.3L 4WD
    Black Cloth split bench - adding leather
    Convenience Package
    All-Star package
    Backup camera (rear view mirror display)
    Z-71 package w/ 18' off-road tires (no appearance package)
    MSRP $39,230
    Invoice $37,156
    My price: $30,000 + $1000 to add leather

    For any NorCal folks out there, they threw in 2 season tickets good for both Alpine Meadows and Homewood ski resorts. I think the season ticket deal is good through the end of January.

    Keep the posts coming - this forum is a great resource!

  • chuck1chuck1 Posts: 1,405
    Adding leather is a good choice. Those black cloth seats are a real lint catcher. Thank goodness for Walmar'ts double sided tape lint remover roll contraption.
  • Put a few miles on it- it had an issue with 3 tires that couldn't be balanced- and a rear door that wasn't quite installed right at the factory. Dealer took care of that quickly to my satisfaction.

    Great customer service from Classic GMC East- Madison Ohio.
  • Great to hear and I’m glad you were taken care of! Have a great Thanksgiving!

    GM Customer Service
  • Looking at a 2011 Silverado Extended Cab Standard bed Blue Granite

    All Star Edition
    Convenience Package
    Trailer Brake assist

    MSRP 35610

    Military pricing 33577

    rebate 5005
    USAA 750
    GM Card 516

    So approx 27300

    Told them I want to get 1K more down in price

    Odds on that?
  • A little late to the party but from what I have seen- All they can say is no. End of year with a previous model year truck (in the least selling body style) can't be good.

    If they won't deal to your liking, do an online search yourself and find something comparable and give that dealership a shot.
  • steverstever Posts: 52,683
    A reporter would like to speak to someone who recently bought a used large truck or large SUV. If you have purchased a used large truck or SUV in the past 6 months, and you are willing to discuss your decision with a reporter, please email no later than 1 p.m. Pacific/ 4 p.m. Eastern Wednesday, April 18, 2012 with your daytime contact information.
  • jimgoodejimgoode Posts: 1
    Getting ready to buy a silverado 1500 5.3 Z71 4x4 crew cab LT, List is 41,000.00 It is loaded,
    Could some one please tell me if the are haveing any problems with there truck!!! And what is a good price to buy at.... :blush:
  • chuck1chuck1 Posts: 1,405
    edited April 2012
    If you look at the other (Silverado) forums there are 14 very vocal people who are having issues.

    GM sells over 500,000 trucks a year Silverado/Sierra combined.

    You be the judge.
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