Last post on Apr 16, 2010 at 1:44 AM
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Chevrolet TrailBlazer, GMC Envoy, Oldsmobile Bravada, GMC Envoy XL, GMC Envoy XUV, SUV
#108 of 297 Re: Hi Eruss44 [eruss44]
Aug 02, 2004 (6:16 am)
Your numbers look like they are at sticker. You should be able to get invoice easily on a TB. I know three people in my office that just bought Chevy's at or below invoice. Your smartbuy should be at invoice. I would insist on seeing the dealer invoice.
How long do you plan on keeping this truck? The balloon payment will be over the blue book value when it comes due. I wish you could do a used car value search of a TB that is 4 years old, to see the resale value, but the TB was created in 2002, so no luck. If you are planning on trading it in before 8 years have passed, I would say do not buy the truck. If you refinance the balloon payment, you will be paying 7 or 8 years on the truck. That is a lot of interest, even at 3.5%.
I walked out the door before TTL with my 2004 LS Ext at around $24,000. A 6 year (72 payment) loan can be had, if you have excellent credit, for 3.5% or less. The payment on that would be about $50 higher than you quoted, and you would pay a lot less interest, and own the vehicle in 6 years not 7 or 8.
I generally frown on smartbuys. They are designed for individuals that can't afford the vehicle any other way. I wanted to buy a Sequoia, but I would have had to do a smartbuy to get one. I could not afford over $30,000 for a SUV. The Trailblazer is not selling well, they actually had to shut down the production of them in May. So, I have a hunch that in the next few months, you will see 2004 TB's on sale for the cheap. I doubt this deal you have been offered will go away, because oil is at $44 a barrell, and will not go down until after the summer. I would keep an eye on as many Chevrolet lots as you can and keep looking at the rebates. I have a feeling they may even go over $5,000 off MSRP.
A bigger down payment will only help you, so keep saving and put down as much as you can. I hope this helps, but if you do a smart buy, you should always plan on keeping the vehicle until it dies (hopefully 15 years from when you bought it). If you don't plan on it, a lease is your best bet.
#110 of 297 Re: Hi Eruss44 [imadad2]
Aug 02, 2004 (9:39 am)
Thanks imadad2,I guess I will re-tool my thinking towards saving more for a good down payment to purchase one outright and live for the moment with my trusty(and rusty!)1994 S-10 LT Tahoe blazer with 103k on it...The right deal will come eventually, probably when I'll least expect it,so I'll take the pressure off myself and let it ride for now...Patience is a virtue,I've been told...Thanks for your time...~Eruss~
#111 of 297 Re: Hi Eruss44 [eruss44]
Aug 02, 2004 (12:02 pm)
One last thing I'd like to leave you with.
The LT model is nice, but the LS model is less expensive and just as nice. The Bose system on the LT is not all it is cracked up to be, and the only thing I prefer on the LT is leather seats. The power seats, on-star, 6 disc cd, and a few other items are just added goodies most people can do without. My wife is 5' 0" tall. I am 6'1" tall. I have to manually adjust the seats and mirrors every time I get in the truck, and had to think about the price tag on getting the seat position memory that the Trailblazer offers. It was not worth it.
I guess what I am trying to say is luxury sometimes has to be pushed aside and common sense needs to be used.
I got my LS Ext with a V-8 for $23,800. Without the V-8 it would have been $1,200 less. I put nothing down on it. I pay $490 a month with 60 payments. (4.26% interest) My budget was $500 a month on a truck. If you put $3,000 down, get $5,000 in rebates, you could easily get an LS model down to $22,000 or less. The dealer you are working with is going to push the smart buy because they make money on the deal. You should be able to buy at invoice, and get the rebates on top of that. Get financing before you go, so that you don't have to use the dealers financing.
I am telling you, 2004 models will be even cheaper in the coming months when the dealers are clearing out for 2005 models.
I bought only because the deal was right, and I got what I wanted. Check with several dealers (if you can) and when they get in your price range, buy. If you have a vehicle that works, and you are not desperate, patience will pay off. If not, you can always lease.
I check the board at work all the time. I love my TB, so if you get another offer, and are unsure, just ask. Someone here will let you know if it is worth doing or not.
#112 of 297 Re: Hi Eruss44 [imadad2]
Aug 02, 2004 (4:25 pm)
One more time,thanks imadad2...When something juicy comes up in the fall months (or sooner),I'll give you guys a yell on this forum...I'll be in touch,take care and great luck with your Trailblazer!!!!
#113 of 297 GMAC lease costs
Aug 16, 2004 (3:53 am)
We're trying to estimate lease payments for a 2004 Chevy Trailblazer. We have the residual % and lease factor. However, to get a more accurate estimate we also need to know what, if any, other lease costs GMAC charges. Does anyone know if there is an aquistion fee or security deposit for GMAC leases?
Thanks in advance!
#114 of 297 Re: GMAC lease costs [keeferb]
Aug 16, 2004 (5:57 am)
You might want to check the GMAC web site. They may have sample lease agreements you can download and read. I know that Chrysler Financial has them on its web site.
#115 of 297 Discount before Rebate/Financing
Aug 17, 2004 (10:36 am)
Someone here may have specific experience with my questions, so here goes. Lease on my 02 TB is up in 7 weeks, but current $6000 rebates and GM's pull ahead program for getting out of lease sooner with no penalty makes it worth my time to try to get the best deal before 9/7, when current incentives and Pull Ahead end. So far I have 2 dealer quotes, each at "invoice" on a TB LS. Both arrived at this figure rather quickly when I refused to even talk "monthly payment", but the 2 invoice prices are different and for no reason I can see from the stickers. The best offer is for a discount of $2200 off MSRP before rebates. I've even had them itemize the Tag/tax/fees down to the dollar so that they can't pad this later on. Two questions remain: 1) Am I being unrealistic to expect even more discount from the dealer even at this point in the selling year(say up to $3300)? 2) And with excellent credit (I know my Score) can I hold out for 4.9% or lower for 60 months through dealer/GMAC? (As a returning customer, I'm preapproved by GMAC already.) I know what on-line banks are offering, but not sure how this compares to what I can bicker for at the dealer who needs to make money on the financing. One dealer, in attempting to work toward monthly payment as the 'hook,' figured a 9.5% interest rate to start. Knowing they start high, how LOW can I push on rate without embarassing myself?
#116 of 297 Re: Discount before Rebate/Financing [djax]
Aug 17, 2004 (11:30 am)
You can always negotiate price. Invoice for a TB, according to Edmunds is around 9% below MSRP. So, a 30K TB at invoice should be around 2700 different. Options also can be at cost/invoice. I bought a LS Ext with a V-8, and the dealer gave me invoice, but was trying to get me with options. Print out a pricing list from Edmunds or Kelly Blue book and take it with you. If there were not surplus TB's on the market, they would not have slowed production in May. Also with the 2005 models coming, you have very good leverage.
Financing can be had at credit unions and other banks. Shop around for financing. I got 4.26% at a credit union for 60 months in July. If you have your financing already laid out, you might get better rebates and financing through GM.
#117 of 297 Re: Discount before Rebate/Financing [imadad2]
Aug 19, 2004 (4:30 am)
Thanks. Also, I've been trying to trace the history on After-Labor-Day incentives to see if last year (Sept 2003) GM continued their August incentives (both rebate and GMAC fi bonus). I would not expect them to go higher than they are right now, but with end of year approaching and industry reports saying SUV sales are still sluggish (and 2005's now on the lots), I lose nothing by waiting 6 weeks to purchase, except maybe on color. Do you know what incentives were offered in Sept last year?