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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.
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
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:
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
as I have one more day to kill this deal (That 72 hour Contract Clause).
By the way, they have gone down to $27,800.00.
I still think I should be able to purchase for $26,500? No?
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
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.
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
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!
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.
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
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.
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.
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
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.
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
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.
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!
2007 Chevrolet Impala: Pricing
LTZ 4dr Sedan
2007 Chevrolet Impala:Incentives & Rebates
Dealer Holdback
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
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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:
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.
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--jjf
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?
Could you please elaborate on the additional $1000 added to your GM card please? What it that about? Thanks.
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
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.
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
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.
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
A 2004 off lease should have at least 4 times the mileage you have on yours....Well done..!!
Frank
Only thing it's missing is the 6 cd changer. If all goes well with the financing, I pick up on Tuesday! Finally!!! :shades:
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..