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Comments
If they have a lot, then they will probably work with you on price as they have to move those trucks.
Another thing to mention is that you are coming from out of town, dealers will work with you if you are willing to drive to them instead of calling your local dealership and negotiating a trade, that does nothing for the dealership where your truck other than lose a sale and pick up a truck that the other dealership couldn't sell.
27000 is a reasonable price for an 07, especially now. GMC and Chevy are touting the 0% financing, stating that you will save 7000 in interest payments, well you can get that as a discount if you negotiate right. Just keep asking for bids and if the dealer doesn't want to work with you just walk away.
--jjf
live in Wichita, Kansas and have submitted bids for dealers in Wichita, Kansas City, Hutchinson, and Tulsa, OK. The most dealers seem to be coming off is $6,500. I have been offering dealers $27,000 for a truck with an MSRP of $34,300. I believe that is a fair price considering what all of the other truck manufactures are offering which is $2,000 to $4,000 more off than the Silverado. I can't seem to understand why they aren't coming off more. All of the lots around me are still flooded with new Silverado's and the '08s are already starting to hit the lots. I tell them I am ready to buy within the month but they still can't seem to get close to my price point. I guess I will have to wait a little longer until they get desperate.
For example if a truck is listed at $41,000 a "good" price would be $35,000 then on top of that a person would have either 0% for 60 months or an additional $3,000-$3,500 in factory rebates to get the price down to around $32,000.
Am I correct with my math???
Check out my message 309. Do not waste much time walking into dealerships once you know what you want. Separate the jokers (85%) from those serious end of the month within a 100-300+ mile radius of your home via fax or email and work the top 3 or so against one another.
Good luck
--jjf
I'm wondering the same thing. Are you guys including the rebates in your $7000+ off MSRP? I'm about to purchase an 07' tomorrow before the incentives change. MSRP is $36,500 and they are at $33,600 and $1000 in accessories. I plan on doing the 0%. I showed them that SoCal was offering the $1000 in accessories and they agreed to give that to me. So, is $3000 off MSRP a good deal? I'm probably going to offer $33,000 in the end. They are saying that $33,600 is supplier price? Any thoughts on if I should go lower? By the way...this is a NBS crewcab LT1.
I got a little over 7K off my 07 NBS GMC Crewcab. That included the 3500 GMC rebate. 7K is a good number to shoot for. If you can't get within $100 of $7k then you should go somewhere else.
What accessories are they offering? GMC/Chev accessories are a little overpriced and I would just take the money as rebates and not accessories. The lower you get that sale price the less you pay in sales tax. Say you take the 1K in toys, you will pay DOUBLE tax on those when you pay your sales tax, usually State tax is equal to local.
Since you want to take the 0%, it will be harder to get the additional discounts, the best bet is to start talking monthly payments with them. Calcualte what you want and try to get them there.
Good point about the accessories being overpriced, but wouldn't you have to pay Sales Tax on them regardless, where ever you end up buying them? I just thought it would be nice because I don't really have the extra money laying around right now to buy all those accessories. I need some sort of bedliner and bed cover to start with. I know about what they cost else where, so if they are crazy expensive at the dealer, I'll just say no to that.
2007 Chevrolet Silverado 1500 Crew Cab 2WD LT1
Added Options:
LT1 Convenience Package
Z71 Off Road Package
18" wheels
Towing Package
Power Driver Seat
5.3 Liter Engine
XM Satellite
All terrain tires
MSRP: $32,604
add leather: $1100
Total: $33,704
Drive Out: $31,300 @ 0% for 60 months
nothing down
See how much interest you saved over a 6% loan (higher if you have dinged credit) and add it to the amount off msrp. Don't know what your taxes and fees are in your state so its hard to tell. On the surface it looks pretty good.
Why do folks wait until the deal is done to find out what is a good deal?
Happy driving
--jjf
Anyone help me out and tell me if they think I got a good deal?
2007 Chevrolet Silverado 1500 Crew Cab 2WD LT1
Added Options:
LT1 Convenience Package
Z71 Off Road Package
18" wheels
Towing Package
Power Driver Seat
5.3 Liter Engine
XM Satellite
All terrain tires
MSRP: $32,604
add leather: $1100
Total: $33,704
Drive Out: $31,300 0% for 60 months
nothing down
leather seats
6.6 duramax allison 6 speed 11400 gvw 4x4
no nav or sunroof - which is how i want it
sticker 49400- neg & rebates to 39956 then taxes & 50 for doc & plate
ithink this is a pretty good price after reading these recent posts
chuck
KB
1.3500 rebate
2.friends & family rebate (supplier rebate)
3.Farm bureau rebate
4.dealer wanted to turn vehicle because it was traded for and then deal fell thru
and yes this is the new body style I would be happier if it had the GMC front end but $ always comes first with me
so I'm pretty happy with the outcome. with the savings I can pay taxes and get a new airride 5th wheel hitch
thanks
chuck
KB
3500 silverado cc, drw, 4x4 duramax & allison
2LT interior with leather.
basically every option except nav & sunroof - didn't wnat them
sticker price 49400.00
vendor discount 4442.00
gm discount 3500.00
farm bureau disc 500.00 still looking into may not get this one
dealer holdback 1000.00 they traded for this truck
& the deal fell thru
... SO I MADE A BETTER DEAL
Final cost to me is 40458.00 plus tax or 39958.00 if farm bureau comes thru either way I TOTALLY satisfied with this truck.
ps so far there has been no major problems assoc. with epa crap on the gms. This is what I found so far anyways. So deals can still be had if you take your time.
chuck
I've seen the 40000 2500 ram crew diesel advertised for 11-12000 off msrp.
Good luck
--jjf
35,600 MSRP
5,600 Dealer negotiations
5,000 GM rebates
3,500 GM card rebate
Amount paid 21,500 plus tax title
1offroader
I am currently wheeling and dealing on an 07 Sierra with an MSRP of $34,800 they are offering me $27K with no interest.
I am a first time buyer and have been wondering whether I am getting a good deal or not on the 07's. Any input in greatly appreciated.
Made an offer of $37,000
Minus Bonus Cash of $1000
Minus Rebate of $1500
Minus GM Card Dollars of $3546
Total offer was $30,954 +Tax and $279 Title and Document fee
Dealer countered back with $31,613 +TTL
So I'm looking at a difference of $659
Invoice price was 37850 so dealer offer was $191 below that before rebates. Any opinions on this offer.
Also looked at a 2008 LTZ Diesel Crew and different dealer was already $850 below invoice on that before I offered anything. Wish I could afford the diesel.
Good luck
--jjf
I hava spent the last two weeks looking at a 07 Silverado with a MSRP of $34,309. The best I could get with the Chevy Dealer was $30K and 0 interest.
I am currently wheeling and dealing on an 07 Sierra with an MSRP of $34,800 they are offering me $27K with no interest.
I am a first time buyer and have been wondering whether I am getting a good deal or not on the 07's. Any input in greatly appreciated.
Thank You
Jackie
3500 dully.
It was equipped with duramax,allison automatic with LT package.. nothing fancy,. sticker price was 44000. but what they offered me was 38000 + tax (without haggling the price)
Do you guys think it is good deal ? I think, if i try, I would be able to chop more. like,,34000 + tax
Any input would be great..
thanks
I went to local chevy dealer in so cal to look for 08-
3500 dully.
they offered me was 38000 + tax (without haggling the price)
Do you guys think it is good deal ? I think, if i try, I would be able to chop more. like,,34000 + tax
Any input would be great..
thanks
It was equipped with duramax,allison automatic with LT package.. nothing fancy,. sticker price was 44000. but what
Anyway, what do you think is the current real difference in price between the (same options) 2007 and 2008 Silverados? Thank you.
I was ready to buy last month, waffling bewteen Toyota and Silverado, Toyota dealers are offering 7k off msrp right off the bat for 07 models, local Chevy dealers have been difficult. I offered Edmunds invoice price with me getting the 3k advertised rebate in Sept. which local Chevy dealer refused so I walked. He now says he will go to invoice, plus rebate to me.
So, if I order a 08, theoretically the dealer has not incurred any floor plan costs for carrying that unit, and should be willing to work on a thin margin. OTOH, I would think that they would be discounting the 07's more (cobwebs, literally) but their attitude seems to be the opposite, they need to recoup the carrying costs. Years ago when they converted my beloved Caprice assembly line to trucks I read an article on the factory's gross profit for the truck line units, it was real high like 50% for the Suburban (direct costs, not full admin)so I am convinced there is alot more factory secret deals to the dealer, and that pricing is a public relations problem if they start cutting prices, who will pay msrp. So a trade in gives a way to keep the numbers high.
At invoice plus 3k rebate, that is about 6k off msrp, how much more can be squeezed out of the 07?
Yipes, this is the ramblings of an old geezer. Anybody know any dealers in the central florida area who will go below invoice with me keeping the rebates? Thanks, SS
2008 SIERRA SLT EXCAB SHORTBOX Z71 4X4
EVERYTHING EXCEPT NAV.
MSRP 37995:
PAID 34488
REBATE -1000
GM CARD -2250
TOTAL 31,238 Plus TTL,
EST DELIVLEY 8 WEEKS What do you think ? are advertising fees negotiable ,
Any Help would great
Dave
Dave
Good luck
--jjf
Just order from local dealer here in norcal
2008 SIERRA SLT EXCAB SHORTBOX Z71 4X4
EVERYTHING EXCEPT NAV.
MSRP 37995:
PAID 34488
REBATE -1000
GM CARD -2250
TOTAL 31,238 Plus TTL,
EST DELIVLEY 8 WEEKS What do you think ? are advertising fees negotiable ,
Any Help would great
Dave
David
With a sticker of $38165.00, how much off can I expect to get?
Good Luck
--jjf
Recently my father remarried and his new mother in law works for gm. I am buying my first "new" truck and was offered a gms discount from my new step grandmother.
Today I went to the dealership and found a 2008 silverado with crew cab and the 1 lt package. It has a v8, onstar and satilite radio. The window sticker was $28,880. After talking to the sales manager at the dealership I was given a price if 25,510. I can choose an extra $1000 rebate or take 3.9% finacing for 60 months.
I have been reading the forums for a few days now and I am starting to think that maybe if I forget about the gms and just go in as a regular buyer I may be able to negotiate a lower price.
Am I overthinking this to much or is the price a little bit high for a "Employee Discount". This is my first really big purchase and I really dont want to get ripped off. Any input would be appreciated. thanks :confuse:
thanks
Nick
I can put a posi, pdl and power front windows (not the back door windows) and a decent stereo in a $25k msrp WT work truck pretty cheap, so even an absolute base work truck package would be acceptable.
However, I believe that the $7k msrp price difference between the $32k msrp LT2 and $25k WT package will potentially be somewhat smaller in reality as I think there is a lot of markup in the LT2 "stuff".
Besides, who in their right mind would buy a longbed LT2?
So, what should I realisticallly expect to knock off of the $32k msrp LT2, and the $25k msrp WT?
Would it help to use a "inflated" trade in to allow the dealer to "save face" over the real price, or am I overthinking this?
I appreciate the help, hope to make a buy this week.
Regards, Skip
Good luck
--jjf
Replying to: ngunter (Nov 27, 2007 1:33 pm)
I need some help at making a deal on a 2007 new style 2wd extended cab longbed Silverado or Sierra in Central Florida.
I can put a posi, pdl and power front windows (not the back door windows) and a decent stereo in a $25k msrp WT work truck pretty cheap, so even an absolute base work truck package would be acceptable.
However, I believe that the $7k msrp price difference between the $32k msrp LT2 and $25k WT package will potentially be somewhat smaller in reality as I think there is a lot of markup in the LT2 "stuff".
Besides, who in their right mind would buy a longbed LT2?
So, what should I realisticallly expect to knock off of the $32k msrp LT2, and the $25k msrp WT?
Would it help to use a "inflated" trade in to allow the dealer to "save face" over the real price, or am I overthinking this?
I appreciate the help, hope to make a buy this week.
Regards, Skip
It is a 6.0 liter with the 20" wheel package, seems to be the only one within 500 miles.
I have them down to approx $34000.00 so far. I don't think that is much below invoice.
Any idea of what the dealer holdback on an 07 with a sticker of $38165.00 is?
If not go to a quiet restauraunt, get some coffee, review their "final" deal-- taxes, doc fees, the payments etc., talk to spousey. Hit them with a counter over the cell phone for 3% less and see what you can work. Then go across the street and get your car. They may have the edge with a unique leftover silverado but end of year and month sales pressure can be intense.
Good luck
--jjf
With only a couple days left in the 0% for 60 month deal, I'll be taking one more run at the 07 Silverado.
It is a 6.0 liter with the 20" wheel package, seems to be the only one within 500 miles.
I have them down to approx $34000.00 so far. I don't think that is much below invoice.
Any idea of what the dealer holdback on an 07 with a sticker of $38165.00 is