Chevrolet Impala Prices Paid and Buying Experience

jeteast · December 2006

After negotiating with dealer through several e-mails and
phone conversations, I had him agree on a dealer delivered
price of $23,800.00 firm (Dealer retains rebate)with no trade. I told dealer that no Doc fee's, Advertisement, or any other type of fee could be added to this and he agreed. The 23,800.00 is the price he will be sending me to the Finance manager with. So I ask, is this a great price, or do you think I can do better. Please advise as soon as possible as I go later this week to sign paperwork.

jfritsch · December 2006

It is generally helpful to know the MSRP of the vehicle to know how much it is discounted. The Impala wholesales about 10-11k off list 1st year so the first year hit is a doosey. A constant inflow from lease, rental fleets and corporate fleets , keep this animal depreciating like a rock. About $2800 off would not excite me. (I assume msrp is around 26000).

I would want about 5000-6000+ off this car although I don't know if this is possible or possible yet. Read my message 3863 on the Honda CR-V forum and go from there for useful info on buying a car. I dig this car (LT3 package) more than the Accord but the first year hit is too much unless you get lots off.

Hit 20-30 dealers (fax or email) with your requirements last week of the month to see what is possible. This takes little time with the Chevy dealer locator. You can also check inventories. If your ltz lists for about 26500 or so, don't worry about the deal melting away, its not that good.

Checking with only 1-5 dealers isn't enough. Only you can find a great price by casting out 20 or so lines and seeing what nibbles. Being flexible on colors and options is obviously helpful.

Happy Hunting
--jjf

newcarforme · December 2006

So I've talked to about 10 dealers, via email and stopping by some dealerships. The best price I've negotiated for a fully loaded Impala SS is $28,200 (After $1,000 cash back). MSRP $30,300)

I think I can do way better than that. I'm thinking I should be able to pick one of these up for about $26,500 - $27,000?

What do you all think? :confuse:

jeteast · December 2006

Again I thank you for your take on this subject. I believe the MSRP is low 27,000 Range, They are drawing it up and showing a 3,250 discount (though 1,000 of that is the
rebate) which gets me to 23,800 and then they will take another 2,000 off for my earned GM credits. If I do not let Finace officer sell me any RIP-Off add on's, my price is 21,799.50 (then I will pay T,T&L). I am not leasing, nor financing vehicle, it will be cash deal but only once I take delivery of it. They are having to do a car swap, so they will be driving it in from another dealership. Once I inspect the car, I'll finalize the paperwork and close the deal. This should all take place early next week.
These Tulsa Dealers are hard to deal with, all others
were anywhere between 800.00 1100.00 more on their offer.
JR

jeteast · December 2006

I guess I failed to mention, the above car is has 110 miles on it already ...this is a NEW 2007 LTZ. Should I be alarmed or concerned about this ? For me to take delivery of this, by the time they drive it to my dealer, it will have in excess of 250 miles. What is anyones take on this? My Salesperson first told me it will have about 155 when they drive it in...now he's telling me it already has 110 and from where it will be driven from is a lot further than 45 miles. Please respond!
as I have one more day to kill this deal (That 72 hour Contract Clause).

quietpro · December 2006

I know it's later than you wanted but for what it's worth, they will add the existing mileage onto the factory warranty so your warranty would actually last until 36,250 miles. As for having the mileage on the car, I like to know how those early miles were put on the car. If they were accompanied test drives, there should be no problem. If they let wild teens test drive their cars, there might be cause for concern. Being an Impala, it probably wouldn't attract joy riders regardless of the dealership's policies.

newcarforme · December 2006

Nobody has any advice on this price?

By the way, they have gone down to $27,800.00.

I still think I should be able to purchase for $26,500? No?

jfritsch · December 2006

The problem with the Impala is the huge 1st year depreciation from list. A $30000 SS probably wholesales for 18000 if you're lucky after year 1. Just a plain jane impala wholesales 10k off list 1st year. This is due to the huge supply every year on the market from terminating leases, rental and fleet cars etc. $7000 off MSRP would by no means be giving the SS away, although I don't know if this is achieveable. Things may be a bit better with the 06 redesign , but I doubt it. This is the way it is although it is an excellent car.

There are about 3700 chevy dealerships in the US. (more than any other nameplate) Solicit bids properly from about 30 dealers last week of the month (email or fax) for several colors and see if you can find 2 or 4 really eager to sell a car. (90% or so of them will be at their sales goals for the month and not dealing) You don't know how low is low until you get enough bids. Invoice prices are deceiving as there are too many hidden incentives in the last decade for it to be more than a nominal figure in many cases.

Go fishing this way within a 150-300 mi radius of your home (easy with chevy dealer locator) and see if you can surprise yourself with the lowest bids, especially end of January.

Good Hunting
--jjf

newcarforme · December 2006

Hey I really appreciate the well thought out response. I have been exhausting myself looking for the best deal between work and family, all while researching and "Dealing" with the several dealers via phone and drive by.

Today I have printed out 35 local dealers within 100 mile radius. I plan on faxing them a general letter of buyer intent. I want to have this all out by tommorrow the 29th, and hopefully I get a bunch of salesman that will bite before the end of the month.

I would be happy with a price of $26,300 for a fully loaded Black on Black SS. Although I will probably ask the price to be $25,600 on my letter, no? Don't know what taxes are in NY but I certainly do not want to have an OTD price of $30,000.

jfritsch · December 2006

Don't mention price ... give them the specs, rough msrp, (some will possibly have some stuff you may not want, thats the way it is) colors (in order of preference.. do have 3-4 colors so you know how much more you may be paying for the only laser blue SS to your specs within 100 mi when the bids come in. You may find you are attracted to grey if a bid $1800 lower comes in for that) You will be buying in the next few days.

Tell them in the letter you are contacting 30 dealers (let them know they are in a true competitive bidding situation) and will buy for the best price. Give them your cell # in the fax/email. Work with the sales manager preferably after the initial contact. In the solicitation tell them you want the price OTD with all fees ,title, tag NY sales tax, etc. Hopefully you will only get about 16 responses and narrow it down quickly to 2-4.

Do not tip your hand by mentioning (your mental target) price. (This may change as the bids may go lower than you think) No matter what price they give, respond You've got 8 quotes already and "Is that as low as you can go?"

Tell the ones who insist you call back and they'll beat the best price you have so far that you want them to participate in this and you don't have the time. Give me your best shot. If they refuse, pass. Wait for callbacks and see how low the most eager will bid themselves as Jan 1 nears.

Obviously, if you are picky on colors,options and you want the only laser blue SS with the 17" rims within 100 miles you may be boxed in and be at that dealers mercy. You will need the other quotes to beat him over the head with.

good luck and let us know --The SS may be hard as not many are made. GM may have some neat hidden incentives with this sales event, and you may smoke em out.

--jjf

jeteast · December 2006

Last week as I was finalizing the deal on my 2007 LTZ Impala,
I picked up a sheet the dealer had with my folder and seen where they showed the 1,000 rebate as well as another 750.00
South regional Manufacture to dealer rebate. They never usually disclose this extra hidden incentive, so I'm telling you this to maybe help in your negotiating of your SS you are seeking. Of Course, the Regional Incentive for New York area may be even more, as well as the fact you are getting an SS. The one for this area was $750.00 for the LTZ. GOOD LUCK!

newcarforme · December 2006

Too late....

Today I faxed about 33 dealers. I realized after the fact that I might have left out some info, but the letter basically went like this.

Greetings,

My name is _______ and I am looking to purchase a 2007 Impala SS at a price of $24,350.00. My first color option is Black on Black with the second Color option being White (Interior not important). Please call me directly at 999-999-9999 if you can facilitate this request.

Name
Contact Info
Etc.

I realized after the fact that I forgot to mention MSRP and options (Although every impala I have seen seems fairly loaded and they are all about the 30,000-31,000 MSRP.

Then looking at your post I probably should have left out the price and seen how low the low ballers would have gone.

Good news is, I have received about 10 voicemails (I was at work and could not answer the phone) and alot of the dealers left lengthy messages such as
"We have the exact model you are looking for, please call"

"I can get almost the exact price you are looking for"

"Please call by tomorrow at 11am and I will give you the best price in the tri state area"

Amazing. Some others sounded more like they were willing to offer me that price or at least very close! All this after negotiating face to face with Curry Chevrolet down the street from where I work and the best they would do was $27,800 after rebate, Tomorrow I will call everyone back and see how serious each one is about guaranteeing this price before I drive to pick up the car. If I can get a 2007 ss for anywhere in the $24-25 range, I will be ecstatic!

I will let you know how it turns out.

jfritsch · December 2006

Remember, if they really are killing themselves to sell it to you for 24000 or so, you have offered to much. Thats why you never name a price.

Also remember the car depreciates about 12k or so off list 1st year,(unfortunately its terrible in this regard) so $7000 or so off msrp isn't doing you any great favor. Personally I would have a (undisclosed) target of 20 to 23 k for a 30000 SS. Your timing now should limit the number of dealers (severely) yanking your chain, but quickly dispose of them.

Call them back, tell them you have some "pretty low" bids (this will make up for your price breach of etiquitte)and to give me your best shot. Tell them your time is valuable and thats why you got 30 bids. See how much into the low 20s you can get and maybe surprise yourself. Wait for callbacks if possible (give your cell if you have one)

This red tag deal ends jan 2 I believe so you may have a few more days (although I wouldn't bet my life on it) End of Jan may be excellent too though.

If you wind up driving far get the VIN, and all the numbers worked out straight from the sales mgrs mouth. And goose him into faxing you the paperwork to review if possible.

Rotsa Ruck
--jjf

quietpro · December 2006

For what it's worth, last year I bought an 06 in the Red Tag Event. Later, in March or about that time, they lowered the sticker price and offered a full $2K to those with GM cards, regardless of how much they had accrued. That deal would have beaten the deal I got under the Red Tag. I know that doesn't help a lot in your current situation but thought I'd offer it up.

newcarforme · December 2006

Sooo bad news. I called 4-5 dealers back, the one that looked most promising, used my down payment against me.

He states he would get me an OTD price of $25,435. Problem is, that's after my $4,000 down payment. Maybe I should have left that little factoid out.

I didn't realize this until I asked him to fax over to me the breakdown. He's offering the car to me at $28,100 - $1,000.00 cash back, final price $27,100 for a car in which the MSRP is $31,100.

The other 2-3 I called back and got a hold of didn't budge from from invoice. Now I haven't spoken to all the dealers yet, and a few seemed to have started their vacation a bit early, but my phone isn't exactly ringing off the hook. It seems as most of the dealerships are taking my fax as a lead and almost ignoring my asking price.

Maybe I'm better off going to my local dealer and just negotiating for 2-3 hours and getting close to the price I want. Or, I can wait till next month and try again?

PS: From what I have seen , $27,100 (Before taxes) is one of the better prices for a fully loaded 2007 Impala SS. I don't know if 7 - 10 thousand off MSRP is realistic.

newcarforme · December 2006

Thanks for the heads up. I might have to look in to this "GM Card". How much did you pay for your SS?

quietpro · December 2006

I'm not exactly proud of my purchase price with my SS, especially if some of the deals listed on this forum are true. Based on my trade ($1K over trade value), I paid $27K. In my defense, I'm terrible once I get the new car bug. For that reason, I avoid dealerships like the plague. Unfortunately, last year my sister asked me to help her shop and I thought I'd be fine since it was HER car I was shopping for. But, once I heard that sweet sounding V-8, I just couldn't resist. I made my deal in one day without shopping other dealers. Hindsight is 20/20, right?

As for the GM card, there are two versions. One gives you 5% and the other 3% and I think airline miles. The money earned is good toward the purchase of new cars and I THINK certified used cars. Most cars have a maximum of $2K toward their purchase price but some of the pricier models go a little higher (Caddys and Hummers). The deal they offered last year gave you the full $2K regardless of how much you had earned. I use my card for everything I can, pay it in full each month, and manage to earn about $1K per year. Of course, GM gets what they want since I'm more likely to buy a GM.

One thing I wanted to mention about the SS...it's a "problem" I'm currently having but it is pretty minor. It seems the suspension is the same for all trim levels and that seems to be a problem with the heavier SS. Although the front suspension felt very nice for the first few months, it seems to have loosened up or broken in and is now a bit bouncy. I have only been able to compare it to my sister's 3LT (3.9L) but her's rides much better in my opinion. I know you don't need any other stress in your decision but I thought I should mention it. Otherwise, I really love the car and this issue, like I stated before, is minor.

jfritsch · December 2006

You can give it a try end of Jan. if you want. (The impala SS isn't going to disappear) In general December is not the great month most people think it is, with a lot of year end spending by business and such.

With this much activity and the advertising for the red tag deal and such, they may have too much traffic to screw with you. Also try faxing or emailing tuesday or mid week end of month. Weekends are busy. Call the chickie at the desk and get the Sales Mgrs personal fax # (many have one) the general # is where faxes might get wastecanned.

Jan and Feb are probably the best (for this years model, July and August for previous years with new intros)

However if it winds up the same (about $3500 off)you may probably have to eat 7-8k 1st year on your purchase. Not great but you may really really want an SS.

Good Luck
--jjf

newcarforme · December 2006

Yeah. I've got to make a decison by tommorrow morning. Do I go to the dealership and try to knock and additional few hundred off this $27,100.

Do I wait for the middle of January, or end of the month?

Or do I just look up the 06's still on various lots and have a more realistic chance of getting that car for $22-23 Thousand.

We'll see what happens but I am ready to buy.

jfritsch · December 2006

I don't think the SS is going anywhere. Since you seem to be summing up options it seems the need isn't urgent.

I would try last week of Jan. (or feb) It may be that that SS medallion and a bigger engine will cost you. There are tons of 40 somethings who couldn't get or had a Malibu or Impala SS in the 70s who the dealers may get to pay up for it. That and the fact that only about 10% of them are in SS trim, and the dealers can work them. Probably doesn't work with the cobalt SS though. Just the 70's nostalgia.

I'm tempted to think this, though it drops like a rock on the wholesale market, which shows a weak demand for the SS used. (perhaps supply=demand only for itchy ones like us who want it new?)

Try getting quotes on the LT3 package too. You can get the trunk louvre, etc on it also. If perhaps the best deal you can work is $6000+ or so off (a lower)MSRP for an appropriate Lt3 or $3500-4000 off MSRP for a SS you have a decision to make. (a lot cheaper, and that 3.9 v6 is pretty good) LT probably only depreciates 10k or so off list instead of around 12k, so the situation may be much better in that regard too.

I have the glossy sales brochure for the 06, perhaps you should acquire the 07 brochure and look at the trim chart.

Only the competitive bids will reveal the situation.

So it boils down to economics or life's short....

--jjf

jeteast · December 2006

Well I pulled A CR Price sheet on my 2007 LTZ and as equipped stated to offer 23,800 on the 27,000 MSRP. I had one dealer bite at that offer 23,799.50 with all fee's and then lowered another 2,000 with my GM credits (21,799.50) and if I would known of the other hidden Manuf to Dealer regional rebate of an additional 750.00 .. I would have asked for another 500.00 - 700.00 off from offer price. Next I pulled a CR Price sheet on a 2007 SS equipped with Sunroof They are showing to offer 26,100.00 but assuming the regional rebate is the same as in my area, I would offer 25,500.00 with all fee's included(not including T,T&L) on an SS with a MSRP of 30,000.00. The Dealer would have to eat the price of any Dealer installed options he had on it, as I never pay for those. With the dealer getting your 1,000 rebate plus the regional Incentive, plus any other hidden incentives, you would be getting a good price, while he is still gets a fair profit. Good Luck

newcarforme · January 2007

Grea info!

Question though, where are you getting this info from and what does CR mean? Consumer Reports?

How did you get the to initial $26,100 for the ss Impala? Rebate and incentive I understand.

I appreciate the feeback.

jeteast · January 2007

CR meaning Consumer Reports!

CR offers New Car Reports for a small fee, and also has the option to purchase unlimited Reports for a slightly higher
price. It Is basically an In-Depth Expert Report that includes
Safety Reliability and what the dealer paid for the car. You add all the options and then it will price it and offer you
a starting amount to offer the dealer. It shows the current
incentive on the car, but does not show the Hidden Rebates
(such as Regional or National Manufacture to Dealer) those
you have to try to find out on your own as they are never printed and Dealers are hard pressed to share this info with you. So we Know your SS qualifies for for the 1,000 cash back to customer, it should also have a min 750.00 cashback to dealer from Manufactured (Maybe more in your region) and there may be even more hidden incentives out there as well.

I used the Price Reports to purchase my wife's LTZ two weeks
ago. It was well worth the few bucks spent as I never left the house. I e-mailed all the dealers in the area and told them the price I'd pay, and the conditions of the sale. My conditions were I would not sign a "Arbitration Clause" or
the "72 hour contract waiver clause".

It made the buying process easy, The dealer that excepted
my offer had all paperwork ready for me to inspect and sign.
A brief visit to the Finance Manager to where I opted out of the finance and all the BS rip-off add ons, inspected and
took delivery of car, and wrote them the check. Less than 2 hours at the dealership, and things went smooth. Good Luck!

kyfdx · January 2007

The CR reports are nice... but, just about all of that information is available here on Edmunds.com (for free!).

2007 Chevrolet Impala: Pricing
LTZ 4dr Sedan

2007 Chevrolet Impala:Incentives & Rebates

Dealer Holdback

regards,
kyfdx

newcarforme · January 2007

So I spoke with about 6 dealers in my area today, most of which stated to me that a $30,800 vehicle invoices at $29,000 or so. They can sell me the car at invoice plus $1000 factoy rebate to get me at $28,000.

I had about 4 of them tell me that, they stated there is no more money to put in to that car and no reason to go in to a hole. They also stated their is NO regional incentive and holdback for that vehicle wouldn't get me anywhere near the pricing I was looking for.

I did however speak with Potamkin and Bay chevrolet in Manhattan and Queens respectively. They miraculously got me down to $27,100 which I'm testy to jump at after a months experience. Being a salesman myself, I am pretty confident I am getting the best possible deal as searching the internet for pricing paid for this same exact vehicle with less options was at best $27,693.00.

So $27,100.00 for a $30,700 vehicle is the best that I can see anybody doing for a 2007 fully loaded Impala SS? The only thing the vehicle is lacking is the air brushed aluminum
trim. It has the wood grain instead which I am not a fan of.

Yeah I'm picky. :confuse:

quietpro · January 2007

Hey, I don't blame you. I can't figure out how the very fake looking faux wood is more popular than the faux metal. Luckily, my '06 SS has the metal trim and I'm very happy with it. Hearing your prices for the car makes me feel a little better about the deal I got.

hess4 · January 2007

There are a lot of impalas out on the lots. In Nov. 06, three months ago, I felt that I really got a deal, 06 lt, with 3.9 engine, miles-7,400. A lease vehicle built in May 06, lots of warr. left, good condition. Price 14,700. I did not question the price because I felt it was good. It was certified so carried an additional three months warr.. What do you think?

kaikai99 · January 2007

I believe you only had the 3month/3000miles warr. correct me if i am wrong.

larryjt · January 2007

I'm ready to buy a '07 LTZ in the next few days.
Using some advice from what I've read on this forum , I've sent out reqests for qoutes from around 25 dealers. I've received about 5 solid prices- the best being 25,275 +TTL
on a MSRP of 28,150. From Edmunds and what I've been seeing online, I was targeting 25000 or better. I'm in the Chicago area. I got a couple quotes for 22K- somthing, but after trying to pin them down I'm pretty sure these are for '06s.
Thanks in advance for any advice.

Kirstie_H · January 2007

A national news magazine is looking to interview recent GM car buyers (Chevrolet, Pontiac, GMC, Cadillac, Saturn, Buick, Hummer, Saab) that switched from a Toyota or considered purchasing a Toyota. If you are interested, please send an email to ctalati@edmunds.com no later than Monday, January 29, 2007 containing your daytime contact information.

mote96 · January 2007

I'm being quoted a price of 16,573 on an '06 LTZ with 23,000 miles. I like the car, but I'm not sure if it's worth that kind of money. I really am totally clueless and would appreciate any advice.

jfritsch · January 2007

check out edmunds nada and kelly kbb.com for the wholesale price on your vehicle. You wanna pay around wholesale to wholesale+1000.

--jjf

ronaries10 · February 2007

I negotiated a 2006 LT3 Impala, new, at my neighborhood dealer for $18,200 - car had msrp of 24,400, no options besides the lt3 package. It was on the lot for a year so they wanted it out. I've no idea what the 06 pricing should be but they made lots of groans that they were under cost (as usual!). I had wanted a LT3 07 in different color but they held fast over 21k...
My purchase was stimulated by the addl $1000 added to my $1200 on the GM card ... which gave me a cash cost of $16200 on the 2006 (excluding taxes & fees). Anyone know where the pricing really is on an 06 model new?

werm9 · February 2007

I am looking into purchasing a impala. the room and a v6 is nice. not to many larger sized vehicles with a v6 for $20,000. anything I should look out for about the 2007's? Am i better off to buy one now with a $1,500 rebate or wait till summer for a $2,000 or $2,500 rebate? I really don't pay attention to incentives until I want a new car but what time of year do they offer the greatest incentives?

aamixy · February 2007

Hi, what's the wholesale price? Is it invoice price. Newbie question...

chipkarsicker · February 2007

Hi ronaries10!
Could you please elaborate on the additional $1000 added to your GM card please? What it that about? Thanks.

ronaries10 · March 2007

GM added $1000 as promotional to existing amount on my GM credit card (I have the older card) and the amount was good til March 15 or 31, I don't remember the exact date. Since that tallied $2250, I put the amount to good use.

Periodically, but mostly when they are anxious to move cars, GM will add an unadvertised "sweetener" to the credit card holders to entice them to buy cars soon. This was that type of a deal. Its probably worth registering for a GM card just to get the periodic offers....

Ron

chipkarsicker · March 2007

Thank you Ronaries10 for your reply! Seems like the $1000 is available to certain GM card holders only isn't it? I got my GM card about 6 months ago and never seen any promotional info like this in my account, nor on the GM card website. Plus, the maximum allowances are pretty low, only $1000 for cars like Aveo, cobalt, colorado, HHR, and Malibu, etc. But I've seen people on this forum having applied more than $3k of GM card earnings. I guess these are the advantages of the old GM card aren't they? You guys can earn 5% on any purchase and apply unlimited earnings to any new GM car? Thanks.

quietpro · March 2007

We earn 5% and can put the same amount towards the cars. That offer talked about earlier didn't sound like anything I have heard. The amount you can use towards purchase varies by model. Usually higher on lower demand cars and lower on best selling cars. Typically the max is $2K but occasionally certain models will go higher (I think th Hummer H2 last summer).

Do you earn 3% with your card? That's what my sister gets and I thought maybe she got the wrong card. I'm guessing they changed it. I'm glad I got in early.

mymitties · March 2007

Hi chipkarsicker..

Just for information sake, my current GM Visa Card earns me 3% towards a new car with a maximum redeptiom of $3,500 and has a 19.75% interest rate. You know, I can't ever remember seeing anything over $ 2,500...i.e. Aveo $700, Impala/Monte Carlo $2,000, Cobalt/Malibu/Corvette $1,500, and some SUV's /Trucks $2,500. Ya, I guess it all depends on what they are trying to push at the time..!! Personally, I have never seen nor heard of any of the specials reported here until now..!! Chip....I'm not sure how accurate this is , but I have heard recently that Master Card offers a 5% GM redemption card..Don't know...It Might be worth looking into.

Later.....
Frank

chipkarsicker · March 2007

Mine is GM MasterCard. 5% on all purchases. No annual cap, i.e. if you spend $1m a year you get $50k in earnings. The catch is that the redemption allowances are limited. $1000 for small and mid size vehicles like Aveo, Cobalt, HHR, Malibu etc. $2000 for Impala. You can see the complete list on gmcard.com. Hope this helps.

ronaries10 · March 2007

I also have original GM card - this is the 3rd car I bought with it. I often return GM's mailings and ALWAYS tell them I'm interested in buying in the next 3 months or so. I get notice of special bonuses on card at least once per year - tho the cars & amounts vary...eg, this year the SUVs had $1500 credit while the sedans had only $1000 bonus credit.
I would expect that it wouldn't matter if one had the old or newer card since GM simply wants to sell more cars... but you may need to let them know you are in the market...
Hope this clarifies.

dave35 · March 2007

I am getting closer on a new Impala, thanks to all the info on Edmunds. I have no trade in. Might either pay cash or finance privately. 2 dealers are promising additional rebates beyond the normal rebates, to the tune of about $1500 additional, if I buy on the Smartbuy program and then pay it off completely within a month. They claim there are no strings attached, no buy out penalties, and only one month interest with this technique. Claim it works great for a cash buyer. One other dealer says this is not what it appears, hidden costs, and it only makes sense for someone who can not otherwise afford the car and is willing to go long term payments. the extra rebate is appealing.....anyone else do this with a one month buy-out or payoff? Any strings attached? thanks !

jfritsch · March 2007

The chevrolet impala wholesales more than 10k from MSRP 1st year if you're lucky. With all the terminating leases, cars in rental fleets etc it is one of the worst. I'm not saying its a bad car, I like it but the valuation is terrible.

You want at least $6000 off of this car. Preferably more. (rebates, hidden dealer cash, whatever) Most of the ads I see are for $2800 or so off and this is a poor joke.
This is regardless if you trade or hold it for 10 years.

If you can't do this then get 700-1200 under invoice on a v6 Honda Accord. Just as good if not better than the Chevy and much better in the value dept.

--jjf

Karen_S · March 2007

A reporter with a national newspaper is hoping to talk to consumers who currently are or just recently purchased a new vehicle and factored or will factor in where the car was made (i.e. made in the USA). Please reply to ctalati@edmunds.com no later than Friday, March 16, 2007 with your daytime contact info.

02cavalier · March 2007

I paid 13.5K for my lease return with 11K miles. Just checked the gas mileage yesterday and it got 30.1 mpg. Unbelievable for a fullsize car.

mymitties · March 2007

Wow....Sounds like you got yourself a great deal here...!!!

A 2004 off lease should have at least 4 times the mileage you have on yours....Well done..!!

Frank

newcarforme · March 2007

Left the dealer today and agreed on a price 0f 21,670 (Including 650.00 destination) for a fully loaded 06 SS. Only 60 miles on this bad boy.

Only thing it's missing is the 6 cd changer. If all goes well with the financing, I pick up on Tuesday! Finally!!! :shades:

colchester47 · March 2007

Leftovers are the way to go...

mymitties · April 2007

Hey there ncf...congratulations on a very nice deal !!

You know, while we're all happy for 'ya , some of us Canadian guys here can get alittle jealous when we hear stories like this. You boys down in the U-S of A, and as the saying goes.. " Have it Made in the Shade". Geeeezzzz, I find it absolutely incredible how a fully loaded '06 SS there is about $12,000 less than it is here, whether it's a new one or left over....I think I need to apply for my green card before the '08/'09 comes out !!! Or maybe..just maybe..Bryan or Ron has a basement Apartment for me to stay...Ok, Ok, just kidding !!!

Frank

PS. Has anyone heard how our 'ole friend Rob is making out ?? Remember, after 5 weeks, he went from an '06 SS to an '02 Saturn and possible house purchase..

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