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Last post on Sep 11, 2012 at 2:05 PM
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Chevrolet Malibu, Chevrolet Malibu Maxx, Hatchback, Sedan, Wagon
#459 of 763 Re: 2006 leftovers [jes1955]
by legalsec
Jun 27, 2007 (2:39 pm)
A Chevy dealer in Lanham, MD has __7__ 2006 Malibu Maxx LTs and 2 2006 Malibu Maxx SSs, plus 1 2007 LT. The '06 LTs have listed invoices btw $20,600 and $23,358. I offered the internet guy $16,999 for one of the $23,358 LTs, and he got back to me saying that they'd sell it to me for $16,998.40 (after incentives I later found out) if I take delivery today.
I told them I wanted GM's $3,000 cash back for a final price of $13,998.40, but the internet salesman said they were already losing money on his quote ($16,998.40). I don't believe that for a minute. I argued that they could do better since the '08s were about to roll out (we're negotiating an '06) and if GM is giving the customer $3000 cash back, GM would surely have the dealers covered as well. He didn't have a response, and we ended the call.
Since $16,998.40 for a well-optioned '06 Maxx LT (front sunroof, convenience pkg, spoiler/rear wiper) came so easily, I believe that a serious buyer should haggle for a lower price. Hope this helps to add to this discussion...
#460 of 763 Re: 2006 leftovers [legalsec]
by jfritsch
Jun 27, 2007 (5:18 pm)
You may be able to get a maxx like that new in 07 for 16000-18000 so yeah, 14000 ish is about right for a new 06. (The fact they are there tells you something)
--jjf
#461 of 763 Re: 2006 leftovers [jfritsch]
by legalsec
Jul 03, 2007 (9:01 am)
One has to wonder if a dealer would let a new 06 (with power sunroof, rear spoiler and wiper, etc.) go for $14,000 given that Edmunds' TMV for a similar used 06 with 30,000 miles is about $14,000. I contacted a few MD dealers with leftover 06s to investigate. Most have sold their leftovers, and they even quoted me sold prices (take it for what it's worth), e.g., "$18,000 out the door," and "it sold for $17-something."
By the way, I took delivery of a navy 06 Malibu Maxx with 31,000 miles yesterday. It came w/ options like power sunroof, steering wheel cruise control and audio controls, rear spoiler and wiper and xm radio. It rides nicely, but in getting to know the vehicle, the DIC sounds complicated and the front center vent area is developing a rattle.
I bought it from JBA Automotive in Glen Burnie, MD. Their prices are competitive, and they are willing to negotiate. Our salesman said they sell the most cars in MD but are still family-owned rather than owned by a corporation.
Overall the experience was better than others I've heard about: fewer high-pressure sell tactics, upfront about internet pricing, personable sales staff and a more laid-back manager. This could be their modus operandi or it could be because we did our research and brought our competing car listings and Edmunds TMV with us.
#462 of 763 Re: 2006 leftovers [legalsec]
by stone25
Aug 21, 2007 (6:32 am)
My local dealer (long island,NY) has a 06 maxx LT with side airbags. I Asked for 16K (include NY tax 8.6%)and got approved by dealer. Don't know if it is a goodbuy to get a almost 2 year old malibu. It's not a demo car-only 15 mileage on it. Would somebody give me some advice? 1st time to get a new car. Thank you all.
#463 of 763 Re: 2006 leftovers [stone25]
by jfritsch
Aug 22, 2007 (9:26 am)
I believe that this vehicle used with 16000 miles on it wholesales for about 12kish in the consumer books. This would put you at about 13k ish with very low miles. Somewhere in the 13-low 14's is an ok price for this car unused. The concept there are numerous 06 maxx's new out there at this date still for sale should tell you something.
If you got a 6 percent or so interest rate with good credit, its a mediocre deal. As you know the car isn't going anywhere.
If you absolutely need a hatch, Try looking at the 07 mazda6 5dr hatch special value edition. Even with the 4 cyl is peppy, is the only other hatch sedan I know of, is far sexier and with msrp of 22k may be able to get it for in the high 16s+tax. The 6 cyl may be $1500+ more.
Good luck
--jjf
My local dealer (long island,NY) has a 06 maxx LT with side airbags. I Asked for 16K (include NY tax 8.6%)and got approved by dealer. Don't know if it is a goodbuy to get a almost 2 year old malibu. It's not a demo car-only 15 mileage on it. Would somebody give me some advice? 1st time to get a new car. Thank you all.
#464 of 763 06 SS Sedan pricing......
by mjf6175
Aug 22, 2007 (3:46 pm)
Well I am also one of those looking for a deal on these leftover 06's. BUT I am looking for an SS Sedan (not the Maxx which seem to be still out there). The few 06 SS I have found all have an MSRP of 25,500-25,660 which makes them fully loaded. I contacted 4 dealers who are FAR apart from each other, yet they all came up with prices within $100-200 of each other, taking off 4800-5000 off list and that INCLUDES the current 3000 rebates. One dealer in Mass. called me back 3xs, including a Sunday morning trying to make the sale. He was also stuck at 5k off. I now have found one dealer who will take off a total of $5660, the MSRP is $25,660 and he is offering me the car at $20,000. Can not get him lower. Has anyone found better pricing out there?
#465 of 763 press request
by kirstie_h HOST
Oct 15, 2007 (10:45 am)
A reporter with a large newspaper is hoping to talk to consumers who are looking to purchase a new midsize vehicle. Please reply to ctalati
edmunds.com no later than Thursday, October 18, 2007 with your daytime contact info. along with what car (or cars) you are considering purchasing.
#466 of 763 Re: 06 SS Sedan pricing...... [mjf6175]
by pao
Oct 15, 2007 (11:34 am)
seems like they are quite ready to sell yet, surely they can do better considering the incentives.......Im getting 4k off an 08 CTS with no incentives at the moment....which takes it to about 500 over invoice.....
#467 of 763 Re: 06 SS Sedan pricing...... [pao]
by mjf6175
Oct 17, 2007 (8:55 am)
Pao....the 06 Malibu SS I was looking at had an MSRP of $25,660 and an invoice of $24,035. I confirmed the invoice on Edmunds as well as a copy of the invoice from the dealer, the numbers matched exactly. The offered bottom line price of $20,000 was over $4k BELOW invoice. The dealer first discounted the car from the MSRP of $25,660 to $24,000 (just below invoice). Then the $4k below invoice ($20k) was achieved by two rebates, a $3000 customer rebate. The other $1k was a dealer rebate (not customer)from GM and the dealer passed his rebate as well to me. In fact I decided to get the SS and even used my points (1,000, the max allowed on the SS) I have on the GM MasterCard. So I paid exactly $19,000 for it. A total of $6,660 off, a 26% discount. The CTS is a way higher priced car and has more "room" between the MSRP and the invoice, and obviously you can get a larger discount when going from the MSRP to invoice like you got. To get an idea of the discount take the same percentage off the CTS.
#468 of 763 Re: 06 SS Sedan pricing...... [mjf6175]
by pao
Oct 17, 2007 (9:57 am)
appears you got a good deal then...but you also must consider its a two model year old car now...so the dealer would take any reasonable offer...somehow..I bet he still made a little money on the car...