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Rebates, Incentives, APRs - Questions & Comments

3978 messages,  Last post on Nov 30, 2009 at 9:19 AM

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What is this discussion about? Car Financing


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#3940 of 3978
Dealer trading extra mileage incentive? by jiw2
Sep 01, 2008 (1:10 pm)
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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?
#3941 of 3978
Re: Good price for new 2007 Buick Lucerne CXL V-8? [rivieraranch] by oldfarmer50
Sep 01, 2008 (2:21 pm)
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Replying to: rivieraranch (Sep 01, 2008 12:13 pm)

"...I think they should go lower than that..."
 
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.
#3942 of 3978
Re: Good price for new 2007 Buick Lucerne CXL V-8? [oldfarmer50] by rivieraranch
Sep 03, 2008 (1:14 pm)
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Replying to: oldfarmer50 (Sep 01, 2008 2:21 pm)

What do you think that is as a percentage?
#3943 of 3978
GM Employee Pricing Extended... by rayainsw
Sep 03, 2008 (1:19 pm)
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.. and GM added the 2009 Pontiac G8 GT.
- Ray
Negotiating right now.....
#3944 of 3978
Re: GM Employee Pricing Extended... [rayainsw] by rivieraranch
Sep 03, 2008 (5:12 pm)
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Replying to: rayainsw (Sep 03, 2008 1:19 pm)

GM extended the program because they did not sell all the 2008 models. This goes to show how slow the economy is right now.
 
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.
#3945 of 3978
GMAC PULL AHEAD PROGRAM 10/1/08 by rivieraranch
Sep 13, 2008 (5:52 am)
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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)?
#3948 of 3978
REBATES by SophiaRose
Feb 04, 2009 (9:58 am)
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I went and looked at a dodge nitro on 01/24th the salesman gave me a figure of $7500 off MSRP. He then said that deal is only good for that day because of the new program, Employee pricing which started 01/26. He called me Monday to let me know it got worst the discount was not $7500 anymore but only $5000. wouldn't you think with slumping sales and things getting worst that it would have gotten better? should I wait to buy? future rebates?
#3949 of 3978
Re: REBATES [SophiaRose] by dtownfb
Feb 06, 2009 (10:27 am)
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Replying to: SophiaRose (Feb 04, 2009 9:58 am)

If you aren't in a hurry to buy a vehicle, wait. I don't see sales improving since we continue to see the unemployment rate increase (fewer buyers). If your current car can last a bit longer, just wait.

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