Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Chevrolet Equinox Prices Paid and Buying Experience

11011131516

Comments

  • If I was to order a Nox about how long would it take to get it?
  • kcrozziekcrozzie Posts: 5
    Thanks for the suggestion on the extended warranty. That seems fair, especially since from what I am reading this was intentional not happenstance. My son is keeping my old car so we won't have a trade-in. All of this information helps, though. Thanks again.
  • Good deal or not?
    I have been reading this forum and pricing the Equinox for a while but this is the best deal I have found.
    --
    2010 Equinox 1LT with Vehicle Interface Package, Power Driver Seat Adjuster and Rear Camera System.
    $25,520.00 MSRP
    -$1226.00 discount for being a Credit Union member and some additional discount
    -$750.00 USAA discount
    Total before TTL $23,544.00
    Any thoughts?
  • colt_herocolt_hero Posts: 104
    It's a typical deal, isn't it?

    There's no negotiating on these 2010 Equinoxes. You're either eligible for one or more of the "fixed" discounts (GM Employee, Credit Union, USAA, GM Points), or you're not. Dealers aren't giving any additional discounts. In your case, you've got USAA and the Credit Union discounts, so you're getting around 8% off MSRP.

    To me, that's a lousy deal. But in the world of 2010 Equinox "deals", I suppose you should be singing the praises of the Lord!
  • gmcustsvcgmcustsvc Posts: 4,251
    Hello,
    I am from GM Customer Service. Dealerships are independently owned and operated, and do have the choice to not do the discounts. That is up to the individual dealership. However, you can also check out other dealerships in the area to see if they will honor the GM employee pricing. If you would like me to locate a different dealer in your area I can do that for you. I will need your zip code in order to do that.
    Thank you,
    Mariah GM Customer Service
  • Thanks Mariah, but I have already found the exact same vehicle that would honor the GM discount.
  • gmcustsvcgmcustsvc Posts: 4,251
    Terrific!
    I hope you enjoy your new vehicle. Thank you,
    Mariah GM Customer Service
  • I got my deal finalized today with a cost of $962 below MSRP. This was without the GM Employee discount.
  • Colt.....glad to have you in the Equinox family....LOLOL......When you're ready, I'd love to be your salesperson. Not all of us are gonna take advantage of you.
  • wallyuwlwallyuwl Posts: 166
    edited April 2010
    We got our Equinox during Cash for Clunkers. It was a 1LT with Vehicle Interface Pkg., Rear Camera, Power Drivers Seat, and Moonroof. MSRP was a little over $26k (got $75 credit on the sticker because the factory forgot to put in the USB port as part of the Interface Pkg). We had the Supplier Discount (for being a student, but it is the same one you get for being a credit union member). They also had $1000 Conquest Cash (our vehicle was too old to "technically" qualify, but our dealer honored it). Then we got another $700 or $800 off that we didn't even have to really negotiate. Our out the door price before applying our Clunker trade or TTL was like $23,400 or maybe a few dollars under that.

    So I wouldn't say you got ripped off because most dealers just aren't coming down on these because they are so popular and supply is still low. But your deal wasn't great. We were fortunate to get a really good dealer that who flat out told us they don't make much on new cars, and make most of their money on used cars. How they do business proves that, to me at least (the Chevy dealer across town woudn't even honor the Supplier price, much less the conquest cash or taking any more off that). They go for volume on new cars because it helps them get more vehicles from GM and puts them into a higher bracket or whatever.
  • colt_herocolt_hero Posts: 104
    Nobody is going to take advantage of me because I don't go into any dealership until I have the agreed-upon numbers on paper. I really don't "talk" to salespeople, and I never visit dealerships for test drives. I am what you'd call a "phantom" buyer. I target a particular vehicle (with particular trim level), then search up and down the eastern seaboard for it, settling on any dealership that produces the best number (plus other criteria). Might sound crazy to some, but I consider it sport and I think it's fun to roll into a town I've never been to before just to close a purchase on a vehicle. I'd like to do it more often, but I drive my cars 200k miles, so turnover is not very frequent.

    No offense, but you couldn't be my salesperson because you know that I have GM dollars. I'm sure there are people out there who (for years) have been telling their salesperson UP-FRONT that they have GM dollars and thereby compromising their negotiating position. I remember reading the following verbiage in a GM correspondence years ago: [paraphrase] " .... and remember - you don't have to tell the salesperson about your GM points until AFTER you negotiate your best deal ...". I had to laugh at that.

    Capitalism - the art of capitalizing on another person.
  • wallyuwlwallyuwl Posts: 166
    I like your style! :D We've only boughten one vehicle new - out 2010 Equinox. I contacted by email/fax about 25 dealers within a three state area, including our expectations for them to be able to trade for the vehicle we wanted. The problem is dealers were so busy (this was during Cash for Clunkers) only a few even replied. We worked with two but they weren't even able to trade because the possible trading partner wouldn't do it or they had already sold the vehicle and couldn't trade. After a few days of this, ironically, we ended up buying from the dealership 3 miles from our house and did almost everything in person. And from what I'm aware of we saved about $1500 going this route (this dealer honored Conquest Cash at the dealer level even though our vehicle was too old to qualify at the GM level, and we didn't have to pay for extra destination costs on a trade). Go figure. :surprise:
  • sunset12sunset12 Posts: 1
    Have been in the market for a couple of months and it is really sad to see that even so that the automotive industry had some financial problems and where bail out with our hard earn tax money, they are not looking at the big picture and try to help our economy by offering better deals and discounts. I have been an american buyer for a while but the way I am looking at this economy it seems that the foreign cars are better options since you get better options on deals. This is why the dinosaur got extinct, and the way the american auto dealers are going they will going to be a dinosaur in a few years if they do not look at the over all big picture and seriously compete providing better deals to the american people.
  • colt_herocolt_hero Posts: 104
    I've been doing the FAX thing for years. 25 FAXes? - I'm just getting warmed up at that point! You should see my system - I've got spreadsheets for each unit that I MIGHT purchase. The spreadsheets include all the invoice and MSRP pricing for the vehicle right down to the individual options that I select on a unit-by-unit basis. It tells me what range of purchase price is acceptable to me if I am buying a leftover vs. non-leftover, taking into account all conceivable discounts, rebates, and assumed dealer discounts. There was a time when I got a pretty high response rate. On the last go-around (2008 Equinox and 2008 Uplander) it was more like 25%. All this work normally results in only 2 or 3 REALLY GOOD deals and maybe another 2 or 3 "OK" deals. There's no telling where the units might be, but they're NEVER in town. I've come to the conclusion that maybe some local dealers take buyers for granted. If they know you're local, they're not going to do anything special to close the deal.
  • colt_herocolt_hero Posts: 104
    I agree - GM should be offering better deals than they are right now - enough to clearly seperate them cost-wise from the Japanese, and enough to get a large sample of their "new" vehicles on the road as quickly as possible - even at an initial loss. They don't want upstarts like Hyundai and Kia filling the void that their incompetence created.

    Have you seen the latest GM commercial? The old geyser reading the cue-cards is now saying that GM has paid back it's loan to the federal government - get this - 5 years early. But if you caught Meet The Press this weekend, Richard Shelby was saying that's not really true - there is a portion of that loan (amount not mentioned) that GM will NEVER repay.

    So GM is already bending the truth. Not a good sign ...
  • wallyuwlwallyuwl Posts: 166
    I agree GM should be offering more discounts on the Nox and even Camaro. Not enough to take a loss, but make them a little more affordable. I think a 0%/1.9%/2.9% for 36/48/60 months and $1000 cash back would reasonable to expect them to do. Then alternate $1000 for Conquest or Loyalty every other month. Hyundai (and Kia, owned by Hyundai) are really cleaning up the US market right now. Their new Tuscon/Sorento, direct competitors for the Nox, seem nice. They weren't out yet when we were looking for a new vehicle during Cash for Clunkers otherwise we'd have considered them.

    As for the commercial - basically GM repaid their "loan" that came from bailout money with different bailout money (that came from giving govt. their stake in the company). Just fancy accounting, basically. They plan on ridding themselves of govt. ownership later this year through a public stock offering. With that and the "loan" "paid back", the govt. will be out of the company. The union will still have 20%, though.
  • netak1netak1 Posts: 21
    GM doesn't have to offer any incentives for the Equinox....people buy them up as soon as they get new stock in at the dealership. They don't seem to have any trouble moving them, so it's not in their best interest to discount them or offer financing incentives. It's all about supply and demand, and I'm finding, at least in my area, that supply is very hard to come by.

    Of course, I would love an incentive. :D
  • colt_herocolt_hero Posts: 104
    Well, if it's just fancy accounting, GM shouldn't be mentioning it in their commercials. That's disingenuous and misleading. Oh that's right, we're in the United States, home of capitalism - where almost everyone is disingenuous and everything is misleading.
  • colt_herocolt_hero Posts: 104
    edited April 2010
    Stock? What stock? If all you have to do is sell one unit a month, that's not too hard.

    I still say production is being held back on purpose. If this continues into the end of this year, I'll have to seriously look at buying a Kia or Hyundai leftover in the first quarter of 2011 (and leaving my GM dollars on the table ... or transferring them to a family member). I betcha with these inflated Equinox prices, I can buy the equivalent Kia or Hyudai at a price that renders my GM dollars irrelevant.
  • fshifshi Posts: 57
    why you have to post your hypothisis over and over that GM is intentionally holding back production to make this vehicle seems HOT. THAT IS REDICULOUS. I pointed several times that GM is making them full capacity at 20k-25k/mo. If you dislike GM in general, there is other place to discuss. Please stay on Equinox and get your fact straight.

    I had my nox for more than 6mon now, it worth the wait, the price is fair as compared to other competing models, although everybody loves incentives, but don't assume you have the best negotiating skills and everybody else's transaction sucks.
  • pete6666pete6666 Posts: 29
    Then why don't you just buy a Kia or Hyundai. Icame very close to buying a new Sante Fe. For less than a $1000 more I got an Equinox LTZ with a better ride, much, much better looks and a much more desireable vehicle. And when I sell it, the resale value will definitely be more on the Equinox than the Sante Fe or the Sorrento. Do you really believe GM is holding back production? You don't have to be a genius to realize people are going elsewhere because they can't get the Equinox immediately. That means Chevy is losing customers. Believe me, Chevy would love to fill every order immediately if they could. Good luck with your Kia. I love my LTZ!!
  • quad1quad1 Posts: 9
    I am looking at the 2010 Equinox LTZ also. Did you get a 4 or 6 cylinder? I'm just wondering about the power behind the 4 cylinder. My 2006 CRV had a 4 and it does get up and go. And can you tell me the price they quoted you before any trade? Thanks
  • texana99texana99 Posts: 10
    Sticker was $31,985 and they knocked off $2,000. I was surprised that they negotiated at all, since it was the only LTZ on their lot and at the time the only one on any lot in the greater Houston area. I spent several months looking for the Cardinal Red Metallic exterior color with the black/light titanium interior, so when I found one I took it as equipped, which included the 6 cylinder engine, sunroof, and 19" wheel/tires. The 6 is much peppier than my CRV's 4, and I average just about 26 mpg highway. I especially like the extra power for merging onto freeways - in this area, the other drivers don't slow down to let you in. I am a little over 6 months and 8,000 miles into what has been a very positive experience, and my only gripe was a loose seat belt fastener that rattled, but which was an easy fix. I'm very satisfied.
  • vidiot1985vidiot1985 Posts: 5
    edited April 2010
    I went to the local Chevy dealer last night and they told me they were getting up to $2,400 over MSRP for Equinoxes.

    I found it a little hard to believe since they had five of them sitting on the lot (one test driver with 300+ miles on it). But then the ones sitting there were, I think, LTZs of various configs, all around $30K+ sticker, rather than the LS and 1LT trims.

    They also said they probably won't do a GM Supplier discount for me on the Equinox, so I'm e-mailing other local dealers.
  • fshifshi Posts: 57
    somehow I thought you were talking about 2400 off msrp, instead of over msrp. you definitely should walk away from that dealer. 3-8% off msrp seems reasonable depend on local supply and demand. good luck. I have a mocha nox LS. love it, so far 8k miles, and 26.9 MPG avrg.
  • colt_herocolt_hero Posts: 104
    fshi,

    You can point out whatever you want. Where I am, these vehicles are nowhere to be found - and we're almost a year into production now.

    Maybe the bulk of production is going to more densely-populated areas first, or areas where there is more money. Maybe I'm in a secondary market. I don't know.

    And I haven't said "everybody else's transaction sucks" - as if to belittle their negotiating skills because - there IS NO NEGOTIATING on the 2010 Equinox, fshi. You get what you get based on what discounts you qualify for. That's all there is to it. If GM ever increases production, that might change, but for now - that's the way it is.
  • colt_herocolt_hero Posts: 104
    It may come to that. A co-worker who had bought two brand new Avalons over 8 years just switched to Hyundai with the purchase of a Genesis ($34k). He's satisfied that Hyundai has built its product line up to the point where it is now nearly on par with the Japanese. Before these three cars, he bought a Lincoln Mk8 (brand new). Endless problems with that car and he swore he'd never buy an American-branded car ever again. When my '02 Impala's intake gaskets started leaking (about 18 months after another co-worker's GMC Sierra suffered the same problem), he just shook his head at both of us. Other than this major (and costly) defect, Mr. Sierra and myself have had a good experience with our vehicles, but we would've liked GM acknowledging the problem and maybe even helping us out with the cost of the repair. No such luck. They were to far gone, I guess.

    Do I really believe GM is holding back production? Well, I'd call it "slowing down production". Drive fast, get into a terrible wreck - and if you survive the wreck, you change the way you drive from that point forward (or, at least, you SHOULD). I think GM got into a terrible "wreck" mass-producing too many cars with defects, the government helped them to recover from it, and now they're taking it more slowly - paying more attention to detail (hopefully) to avoid another "wreck" (which would certainly be fatal for them). So I just think their philosophy this time around might be to be more careful - which is good. But it also means that if the product is popular, the prices remain high (good for them, not so good for us).

    And sure - GM would love to "fill every order immediately if they could" (and not lose a single customer), but that would mean stepping on the gas pedal again. They've been there before and we all know what happened. Maybe they're being smarter about it this time around.
  • quad1quad1 Posts: 9
    Ok thank you! It sounds like the 6 cylinder would be better.
  • robert145robert145 Posts: 5
    I had a 2003 Trailblazer but moved on to a car, then decided to go back to the SUV. I went to 4 dealerships. 2 had nothing, 1 had 3 I didnt like and 1 had 12. I ended up with the 4 cyl. LT. I drove the 6 cyl. but wasnt moved to buy it. The 4 cyl. was fine. Received a fair trade and a discount. I enjoy the ride so far. I like the scaled down style, interior and options. Havent tried the highway ride yet.
  • hbskisurfhbskisurf Posts: 1
    edited May 2010
    I got a great deal on a 2010 Equinox AWD LTZ w/ navigation, V6, sunroof, and 18" wheels but decided to buy a convertible for the summer.

    It's Black with a Jet Black interior. Only 3,191 miles. Sticker is 35,230, invoice is 33.345 per Edmunds.

    If anyone is located near Greenwich, CT and interested in purchasing, let me know.
Sign In or Register to comment.