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GMC Yukon/Yukon Denali Prices Paid and Buying Experience

209 messages, Last post on Nov 07, 2009 at 10:30 PM
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Giveaway Time (Forbes) Steve, Host |
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| I am looking at a 2003 Garnet Red Denali with 299 miles, new on lot, with sunroof,nav,captains chairs, and heated block. Sticker is $53545, they will sell for $42900. But more impressively they are willing to give me $19500 for my 2002 Olds Bravada AWD with 5-6 good size dings in it. They trade in value is the part that seems amazing. | |
| Sticker price $53,120. Invoice price. $46,945.74 minus $3500 rebate - MC rebate - trade in of $6750 = $36374.16 + tax and license. | |
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What are people paying for an '04 DXL as far as over invoice is concerned, and is it more or less firm regardless of additional options (e.g., navi, DVD, captain's chairs)--i.e., is it fair and reasonable to pay a bit more than say $500 over because of additional add-ons, or should one stick with a fixed amount over invoice regardless of options? Example--I'm in Northern California and am looking at an '04 DXL w/ navi, sunroof, and 2nd-row captain's chairs; according to Edmunds, MSRP (incl. destination charge) is $55295, invoice is $48437, TMV is $49782. IS TMV still a fair offer, or should I ask for much closer to invoice and if so, how much above? Note--offer is before any rebates, bonuses, and/or other incentives and discounts. Thanks! |
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For those of you who trade in your vehicle at a dealership--how much does the dealer offer, and how much are you willing to accept, as far as KBB trade-in value rating is concerned--Good, Excellent, somewhere in between, or greater than Excellent...assuming that your vehicle is indeed at least in "Good" condition? I ask because I'm looking to trade-in my '03 Yukon XL; of course I'd much prefer to sell it private-party but since dealers/manufacturers are offering steep discounts and/or rebates on leftover new '03 models, and great deals on current new '04 ones, there's really not much of an incentive for many people to buy used '03 vehicles...hence my looking to trade-in my '03 instead. So...what what should I reasonable expect to get as far as trade-in value for my YXL (AWD, 15K miles, excellent--IMHO--condition except for a scratch on the rear quarter-panel, SLT fully-loaded except for DVD and other non-high-volume accessories such as skid plate and engine heater) is concerned, given that the dealer initially offered only KBB "Good" value ($29195) for my YXL, then upped it to KBB "Excellent" value ($30950)? Should I ask for a higher than excellent trade-in value for my vehicle or am I pushing it? Thanks! |
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| On many vehicles trade values have been hit/reduced by the rebates and discounts. Typical trade in is $2k - $4k less than KBB or Edmunds. Go private party or if you can find someone to do a consignment(within a reasonable fee) you'll be ahead. I did mine on consignment - $150 fee for prep and detail (set my $$ take and they sold it for what they could get over my price - kept the difference. Going that way, I got $4k - $5k over the trade in's I was offered (and my rig was also excellent condition) and I didn't have to deal with the potential buyers. | |
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I just purchased new 2004 denali and thought I had the certificate for $500 off new purchase. Turns out that I only have the direct mail solicitation and won't get the certificate until after I attend. If anyone has one that they wouldn't mind transferring I'll be glad to return the favor. Dealer has given me an extra day to find the certificate and rewrite the contract. Thanks akajack |
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Just picked up my new 2004 Denali XL with sunroof, navigation, and rear captains seats. I traded in my 2002 Denali XL with sunroof, rear captains seats, and dual headrest monitor DVD/TV/video game system. It had been in an accident in 2002 and sustained $14K in damages, which was fixed beautifuly by a GM body shop. Here is how my purchase broke down according to the Edmunds values: 2004 Denali XL: $55,495 List; $48,612 invoice; $47,100 paid 2002 Denali XL: $28,643 Trade-in; $30,612 Retail; $30,400 actual trade-in credit Note that the 2002 Edmunds values do not reflect an accident history or any entertainment system. Of course the accident was fully disclosed before the deal was started (it was my normal servicing dealership and they know that car's history very well). All in all I was VERY pleased with my deal and love the new 2004!
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Replying to: y2kgts (Apr 29, 2004 1:23 pm)
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I just signed for a 2004 Yukon XL. List for $48,990, got it for $38000 + doc (SLT, DVD/Sunroof, tow package, 17" alum wheels, + safe & Secure). I believe that this was $863 under invoice or $506 over GMS price. The whole deal only took 15 minutes. I was prepared, I knew that everybody was offering supplier discount plus the 4$k rebates. I searched dealer inventory over the net & went to the dealer with the one that I wanted. Chicagoland had 25 black XLs and several hundred XLs within a 100 miles. I should have tried the GMS discount price but I didn't know what it was until I saw it at the dealer. As many Yukon XLs as there are on the lots, I'm guessing that the cash back will go to $5k in June. Any thoughts? |
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