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One fellow mentioned a lease on a 08 34000 msrp truck (which wholesales used for about 20000 in its 07 version) for about 200 and change with no money down and a 39 month 12000 mile lease. He cited worries about resale as the reason for leasing and he may be right. (Perhaps 250 or so for a 40000 truck wholesaling for 24000 in 12 mo?)
I don't know how they calculate TMV, but many times it is a gift to dealers. (the guys advertising comment may have some weight) It may truly be what others are paying but you have to remember most folks don't do well buying cars.
Good luck
--jjf
What is your deal with always quoting everyone "WHOLESALE PRICE"?? Who cares about wholesale? We aren't wholesalers. We aren't buying wholesale. The forum title isn't "GMC ACADIA WHOLESALE PRICES AND WHOLESALE BUYING EXPERIENCES."
Wholesalers buy cars at auctions which most of the time are cars that the dealers are unable or unwilling to sell. It is an entirely different scenario. Look at trade-in or retail pricing on used cars. Wholesale prices simply have no place in this or any Edmund's Forum discussion.
the 07 version with 16000 miles used has a trade in value of 20000, It is useful to know that that is what his 08 vehicle will wholesale (trade in, nada wholesale same thing for our purposes) for in 12 months or so after purchase and invoice - $8000 or 11000 off msrp is still NO DEAL by any means.(there is probably lots more dealer cash on the new ones)
Dealer retail in the used consumer books is always an optimistic value and now more so on trucks. Now even the trade in value is more optimistic than usual for some 20mpg vehicles as many are selling retail for the trade in amount. Some dealers have stopped accepting trucks and SUV's in trade except for huge discounts from book.
If a 42000 msrp 08 Acadia has a trade in value of 27000 in its 07 version its just good to know that 7000 off msrp is no great shakes on a new one. Especially since 27000 may be optimistic.
These trade in values are in the kbb and nada consumer books. If some dealer offers a fellow invoice - rebate- military discount- college discount - loyalty - college dropout discount - for 11000 off a 42000 msrp vehicle that trades in for 20000 in 12 months its just good to know that you haven't got jack before one goes running home to his spouse with his 11000 off "savings" and once in a lifetime deal off a heavily padded msrp and invoice.
If you click at the top of the page under (used cars) you can get edmunds used car appraiser determining trade in values from wholesale prices at auctions similar to kbb or nada. I've always used trade-in and wholesale interchangeably as regards the consumer books. Nada wholesale is called trade-in in their consumer book along with avg loan and dealer retail and kbb calls it trade-in also so perhaps we have a misunderstanding in terminology.
As usual
Good luck
--jjf
jfritsch-
What is your deal with always quoting everyone "WHOLESALE PRICE"?? Who cares about wholesale? We aren't wholesalers. We aren't buying wholesale. The forum title isn't "GMC ACADIA WHOLESALE PRICES AND WHOLESALE BUYING EXPERIENCES."
Wholesalers buy cars at auctions which most of the time are cars that the dealers are unable or unwilling to sell. It is an entirely different scenario. Look at trade-in or retail pricing on used cars. Wholesale prices simply have no place in this or any Edmund's Forum discussion.
thanks
SLE
red Tintcoat
Convenience pkg
Cargo pkg
Preferred pkg (pwr seats)
7 passenger seats (optional on SLE)
32k before cash or finance pkg.
Purchased in the S.F. Bay area.
2.9% financing and $750 cash back.
Not the best deal, I think.
liquid silver SLE w/preferred package $23,800, 2.9% for 60 mos.
I live in the Sacramento (CA) area. My first choice color was already sold so I called other local dealerships at see if they would match the deal. Elk Grove said they could only go as low as the 26k range (which is still better than my GMC supplier code price). Other dealerships were only offering the $500 conquest cash, a rebate for having a car that's newer than 1999 that wasn't a GMC, and another $500 for something. My understanding is that most of the inventory is located in Southern CA.
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2015 Kia Soul, 2021 Subaru Forester (kirstie_h), 2024 GMC Sierra 1500 (mr. kirstie_h)
Review your vehicle
Received the below quote from a dealer in Minneapolis yesterday. Wanted to get some opinions.
2008 GMC Acadia FWD SLT-1
Carbon Black
Ebony Leather
8-pass seating
Pwr liftgate
Convenience Pkg
MSRP: $35,795
Price offered: $32,590.38
Rebate: $1500
Final price $31,090.38 (+tax/lic/fees)
Not sure it's that great a deal. My math has another $1000 o MSRP, but either way, this offer looks to be about what I would expect Invoice to be.
Thanks!
If so, I may have to finally take a closer look at Acadias.
do any better than the employee pricing and the $1000 rebate ?
If so, how much better ?
I am looking at the SLT1, I live in NC and the sticker prices have been
between 38K to 40K.
Thanks
The employee price on a zero option FWD SLE is $28k, and there's a $1k rebate...so without anything extra on your part, it won't happen.
I am a 55mpg driver and could be easier on pedal.... Anyway what do you get?
I got my deal at Hubacher. It was an internet pricing error - but we looked a month before we purchased and they were fair from the beginning (willing to start at the invoice price etc.) I don't think we're suppose to post names of sales people on this site, but this gentleman works only Friday through Sunday and he just bought an Acadia for his wife. I hope that helps!
As far as the gas mileage, I used to drive a Jeep Grand Cherokee and the Acadia is quite heavier (over 6k pounds). I thought I'd see an increase in mileage on my 45 mile daily commute (highway) but I'm a little dissappointed with what I'm seeing - and that my new car doesn't have the instand mpg feature my old one did. I'm figuring it on old fashioned math.
Also - and I'm generally happy with the vehicle considering it was a necessity and it fits all of our criteria, but it's huge. I didn't realize how big it felt during the test drive until I've lived with it for 45 days and 5k miles. If you're looking for a large roomy vehicle this is for you. I'm not sure it would be comfortable for someone under 5'5 to drive. Sounds silly, but at 5'5 I had to 'grow' into it.
Ideally the dealer would like to recoup the cost of the car and lost interest, but reality is that in this economy we would all rather not have lost 20%-40% of our market investments.
Realizing losses is always painful, but losing interest money on the car month after month while it whithers away baking in the sun on the parking lot is no way to recoup it.
GM is hurting...big time. The GM discount did not help that much either.
I am looking at a 2009 SLT-2 with navigaiton, etc. List price $47k.
They offered it for $42k but I know they can go lower than that. They said that was with the GMC discount.
Only $5k off...I was getting offers around $10k off when looking at new Tahoes.
I am going to ask a couple of more dealers this week, as the month ends to see if they will take it.
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I would love to make that deal work here in Texas but need to understand all the details.
I just bought an SLT-2 with a sticker of $39,905 for
$33,305. Invoice was $37,095. Rebate of $2500 and
manufacturer to dealer cash of $1000 puts me at $290
under invoice. Your deal has to be about $5000 under invoice.
Great deal, good job.
Capital One has a rate of 5.53% for up to 60 months.
I think that is a pretty good rate.
Dual Skyscape Sunroof $1,300
White Diamond Tricoat $795
Trailer Package $425
Destination $735
MSRP $39,905
Invoice (I Think) $37,095
Purchase price $35,800
Tax 3% $1,074
Tag $ 68
Total $36,947
Rebate -$ 2,500
Total Out The Door $34,447
This was bought in Raleigh, NC on 10/29
GM has the $2500 rebate and $1000 manufacturer to dealer
support in NC. I had been shopping pretty hard for a few weeks
and thought I got a very good deal until I saw the deal a couple
of posts up. I am still satisfied with my deal but if I could have
gotten pricing like the previous person I would have been under $30k
out the door.
sunroof/moonroof
19" wheels
trailer hitch
rear cargo mats
I was quoted $27k which seems reasonable, but I'm never sure...
Vehicles are required by law to list the gross vehicle weight on the door which is the total curb weight PLUS the wieght that the vehicle is designed to carry with all passengers and gear.
2009 SLT2 White Diamond
Sunroof
DVD
HUD
MSRP 43,120
Invoice 40,500
Offer 37244
Walked away...mistake?
2009 SLT-2, White diamond, NAV, Entertainment system, Dual sun roof, technology package, 19 inch wheels
MSRP (on sticker incl destination charge): 47,775
Sale Price (incl rebate and conquest cast of 1,750): 40,771
DFW area in TX.
Thanks
I would try to get true invoice less $600 for the mileage. It has 4000 miles more than a new car, so it has 4000 less life on the tires, probably never had an oil change. All these things have a value.
Good luck
That said, unless the dealer bends significantly on the red-tag price, you can probably find a used equivalently dressed Acadia with extremely low miles for somewhere in the very low $30K range. I usually always buy new, but I'm close to buying a used '08 with 10K miles (origianl MSRP $41K) for $28K. I'm not sure why the depreciation has been so hard on these vehicles. Perhaps there are concerns about a GM bankruptcy which could put your warranty at risk as you are in reality an unsecured creditor.
Thanks!
Kari