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Rebates, Incentives, APRs - Questions & Comments

3975 messages, Last post on Nov 25, 2009 at 4:08 PM
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What would be a good discount for a new, held over 2007 Buick Lucerne with an MSRP of $35K? I recevied an opening proposal of $8,000.00 off, or 22.4%. I think they should go way lower than that.
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Replying to: rivieraranch (Mar 16, 2006 6:23 pm) I just shopped for a new 2008 Buick under the employee pricing event, but quickly learned that they were concealing the fact that the $2,000.00 bonus for ending the lease early was offset by the ridiculous rates that GMAC was charging on the new sales finance contracts for the new purchase. GMAC will waive only 2 of my 6 payments, so you know what, screw GMAC and GM. I may try making a deal on one of the lonely new 2007 models rusting out there. I would plan to keep for long enough that depreciation would not matter. What would be a good discount for a 2007 Buick Lucerne CXL V-8 with an MRSP of $35K? |
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| Hi, we have a deal in place in which a local dealership has located our car at a dealership across the state. It is the only new 2008 Elantra GLS with the color and equipment we want that is anywhere near where we live. It turns out that the car has some miles (through a promotional lending as a demo car) but will still be considered new (we will still get all Hyundai warranties in full, etc.). Because it has over 3000 miles, the dealer that has the car can apparently offer an additional incentive; however, according to the local dealer here, that dealer is unwilling to trade them the incentive; they want to keep it for themselves. They are willing to trade the car to this dealer, but not the incentive. As a result, we won't get this additional extra-mileage incentive passed along to us. Does this sound legit? Can dealers keep the incentive on a car they are trading to another dealership? | |
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Replying to: rivieraranch (Sep 01, 2008 12:13 pm) I think the fact that the car has been sitting around since 2007 (maybe late 2006) warrants a DEEP discount. The fact that it is still there may indicate the dealer has dug in his feet and wants "all the money" for a car that is not in demand. Offer what you think it's worth out-the-door. Tell them this is the only offer they will get from you. Walk if they squawk.
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Replying to: oldfarmer50 (Sep 01, 2008 2:21 pm) |
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.. and GM added the 2009 Pontiac G8 GT. - Ray Negotiating right now.....
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Replying to: rayainsw (Sep 03, 2008 1:19 pm) I am negotiating on a new 2007 Lucerne and it is shocking how many new 2007 units are still available. Most of the dealers who have these are jerks; that's why they still have them. If they were reasonable they would have sold them long ago. |
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The current GMAC pull ahead program, waiving 2 months of payments, is tantamount to a joke. Does anybody have an educated guess as to whether GMAC is likely to increase its pull ahead program in the fourth quarter (10/1/08)? |
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