By accessing this website, you acknowledge that Edmunds and its third party business partners may use cookies, pixels, and similar technologies to collect information about you and your interactions with the website as described in our
Privacy Statement, and you agree that your use of the website is subject to our
Visitor Agreement.
Comments
Looks like AWD or GT will have ABS, less likely on other models.
I am a very anti-wheel cover person (think they're ugly) and Pontiac is especially tactless with making those faux-racy plastic wheels.
GT $26,550.......What a rip off compared to the Matrix. I hope GM pays for this horrible decision
It looks like in Canada the Matrix XR is the best value. We bought the Base Matrix with keyless entry, power locks, alloy wheels, illuminated entry and we paid 18,700 (Canadian) plus freight and taxes.
The matrix AWD is $20,315
The Matrix XR AWD is $24,110
Apparently the Vibe AWD is $26,500 (is this with freight?)
The Matrix XRS is $24,540
The Vibe GT is apparently $26,560 (not sure on freight again)
So the Matrix has more variations and combinations and seems to be a little cheaper. Keep in mind though, that in Canada, the Vibe does match Toyota's 5 yr 100,000KM powertrain warranty(unlike in the US).
I guess I'll know after a test drive if the Vibe really is worth it, because right now I don't think it is That's really too bad... I've been planning to get a Vibe ever since I first saw it.
On the other hand, since the price is higher than most of us thought (okay maybe only me), perhaps this means that dealers will be able to budge on price afterall.
-Andrew L
"General Motors of Canada Ltd. today announced the Manufacturers Suggested Retail Price (MSRP) for the all-new 2003 Pontiac Vibe. (Models - Vibe, Vibe AWD, and Vibe GT).
The MSRP for the base Vibe is $19,150 and comes equipped with an impressive list of standard equipment that today's customers expect in their vehicle, including air conditioning, in-dash 115 Volt AC outlet, adjustable roof rack, rear cargo track system, lift-gate with lift glass, fold-flat passenger and rear seating, dual front air bags, CD, power mirrors, front and rear variable intermittent wipers, driver's seat height adjuster, 130hp VVT-i engine with a 5-speed manual transmission, and much more.
The popularly equipped base model - with remote keyless entry, power door locks, power windows, cruise control, 16" alloy wheels and 4-speed automatic transmission, will offer great value at an MSRP of $22,120.
The Vibe AWD with a MSRP of $26,150, is equipped with 4-speed automatic transmission and a host of standard features, such as seat mounted side air bags, 4-wheel anti-lock brakes, 6-speaker premium sound system, remote keyless entry, power door locks, cruise control, and power windows.
The sporty Vibe GT starts at $26,550 and is powered by a 1.8L DOHC high performance engine mated to a 6-speed manual transmission, offering consumers a spirited 180 horsepower and 130 lb.-ft. of torque. Vibe GT is loaded with standard equipment including seat mounted side air bags, 4-wheel anti-lock brakes, remote keyless entry, power door locks, cruise control, power windows, rear disc brakes, 16" alloy wheels, and a 6-speaker premium sound system."
My thoughts...
I think that GM has something up its sleeve. There is no way they will stay competitive in this market with these prices and will definitely lose market share (especially to its twin - the Matrix) if they plan on offering the Vibe at face value. GM my offer some incentive bonuses and maybe bring in introductory 0% financing or something to get people into the showrooms. To me it doesn't make sense why GM would price the Vibe so high compared to similar hatches unless they plan on progressively marking down.
But if you do a little fudging of the numbers, a "popularly equipped" vibe without auto (subtract approx $1000) is $21120 while an XR is $20925 (granted you don't get leather steering wheel in the vibe). That's a pretty close comparison given GM's tendency to allow for negotiating room.
You're also right in that only the Vibe offers the 115V outlet in base and AWD modes. The base and XR Matix don't even get an option for it. It is standard on the XRS Matrix. The XRS wins against the Vibe GT by a mile ($2000 price difference and the XRS has standard 17"s!).
As to pricing difference, Toyota makes and sells the Matrix in NA, but it reports profits in Japan. The Japanese government is doing all it can to keep the yen artificially low. Toyota can cut margins razor thin and still be able to show a good balance sheet as long as the yen trades at 133 to the dollar when it should be 100 to the dollar.
Matching Toyota's prices would mean making so little on sales of the car it would not be worth GM's while to sell it.
The Vibe model I'm looking at (base with auto/ power package) is listed at $22120. I'm guessing it can be had in the low $20k range, maybe less. Matrix base with B option is $20320 (a similar car). I doubt GM will offer 0%, but some interest rate incentive may appear down the road.
Golfboy, that Matrix with the package inc AC, power locks, keyless entry and alloy wheels is exactly what we bought (ordered it end of November before pricing was announced). We paid $18,700 plus freight, tax. I should have a picture of it on the net soon. It's black and we just got the windows tinted...looks great!
I'm convinced they will bring in some incentives later on in the year and maybe make up packages that include some of the aftermarket parts they are coming out with (the supercharger for example). They may also be factoring in the number of people holding GM cards (as this is the only manufacturer specific benefit credit card out there I believe) and the draw that would have to bring people into the showrooms especially before the end of ther year when you can redeem up to $3500 for the Vibe ($1500 limit starting next year). Once that kicks in you may see more of a price drop. Just my ramblings...
Toyota I know for a fact is slowly moving to the Saturn one price model. They have already done so in Quebec and the the rest of Canada will follow. I suspect the Matrix and Corolla are already priced to the bare bones and there is generally going to be no negotiating.
But two things I noticed - the base wheels on the Matrix and Vibe are UGLY! And I also noticed that the Matrix's interior is identical except for chromed-rings in the speedometer area. I particularly liked the manual HVAC vents. I also saw the new 03 Corolla (nice car! had no idea it was out already)
Any ideas on which one is supposed to sell more?
But having never shopped for a Toyota I am unfamiliar with how their dealers work. Are they all "one-price" shops not budging an inch? If that's the case across the board then it may not be that bad a thing. But trying to get a Pontiac dealer to bring down the price versus paying exactly what you see, I would do the latter just for ease of shopping. Because if the best you can do is get it down to the same price as the MSRP of essentially the same vehicle, what's the point?
As for the GM card, who do you think takes the hit for every rebate redeemed? GM does. It's the dealers who don't care if you have it or not. GM could have factored that into their dealer invoice price thus hiking the MSRP.
Dplatchta - In Canada there is a changeover to having limits set on how much or your earnings you can spend on a particular car starting next year (Jan 2003). Until then your $3500 is all good! Not sure if similar things are happening in the states...
golfboy : Spread between invoice and list at GM is much bigger than Toyota. I suspect the invoice of the two cars is almost identical. GM earnings would not be factored in as Vibe is no different than any other GM car in the eye of the company. GM card rebates probably only apply to 20-30% of sales anyway.
I must admit that I am puzzled by this pricing strategy. I had expected prices a little lower than Toyo.
The drop in GM card earning on Jan 1, 2003 is worrisome. I will simply stay in my Honda if they don't drop the price by December and throw my card away.
GM card drop to 3% does kind of suck, but it's still a free card and there aren't any other free card out there that offer as much. My other is an Amex Air Miles card, but 1 mile for $20 doesn't add up fast.
So maybe they don't make as much money per vehicle but they figure better to make some money than none at all. When you're the largest car maker in the world you can afford to do business like that and still be profitable.
It will be a Matrix for me, I'm not paying $2k for a luggage rack.
You have just made my point. The Vibe invoice is about the same as the Matrix MSRP. Matrix prices will not be negotiable, Vibe's will be had for around invoice. It's all the car price shell game.
Fun car...
I want the 6 CD in dash. From the way I read the options on edmunds, it looks like that is not available with the 6 speaker monsoon system. So I guess I would have to spend on some speakers and an amp too. I have to have a factory head this time - I've had enough windows busted over the years for a stereo's sake!
And last, if I want to carry a surfboard on the roof rack, it looks like the antenna would block me from using half of the rack. Do those antenna's unsrcrew?
Anyone know, or have an experienced guess? Still no Vibes around here in New Jersey... Happening ever?
By the way, am I correct in that Vibe might be the only car where you can get a loaded or top of the line (GT) version without power windows, etc? The brochure I saw shows power accessories as optional on all models.
Inside the Vibe is very much the same as the Matrix. I can only assume it will drive the same as the Matrix I tested. I definitely like the looks of the Vibe better in every respect. That said, the base Matrix is ok also.
mpgman : Cheapest CR-V you can buy in Canada is a base AWD 5-speed for about C$28K. The AWD Vibe all decked out can't even come close if you pay MSRP.
Now surely the Aztek was alot of hype and turned out to be a flop, but come on this car is basically a Toyota. If the Pontiac sales people are not excited about the car then who will? On this particular day the floor model was the only unit in stock, today they have two more units. The original is still on the floor, one up on the ramp near the street and one directly in front of the door where guest enter the store. Not one unit sold as of today. WOW!
what the test drive in the 180 hp 6 speed did,
it made me young again.Too bad the rush hour traffic interfered with letting the engine sing.
The price was great at $19500.The only problem I have is salesmen.The ground effects kit bottoms out on driveways and the engine has to and loves to wind out.They should have put this engine in the RAV4.
jimxo : It's one guy, I wouldn't worry about it too much. The hype at the Toronto Auto Show for the Vibe was unreal. I've also seen the Vibe ads hitting TV every night now. Marketing machine has to start slow as there is almost no supply yet. Local dealer has none yet.
Another question for all: Have any Canadians seen a Vibe on the dealer lot yet? No sign of them around my parts. (Southern Ontario)