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Prices Paid: Buying & Leasing Experiences Chevrolet Malibu Prices Paid and Buying Experience
719 messages, Last post on Sep 03, 2009 at 9:18 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Okay, my mother has decided she likes the car and we've decided to go ahead with the purchase if the numbers work out. I still don't understand how you guys are seeing such low offers without the 2k lesee rebate (ie, JJFs post about a 22k msrp car going for 16 without the lesee rebate). The car we're looking at is a base model LT2, with an MSRP of 24705 without destination according to edmunds. Invoice is 23,346. Say we offer 23500. There are 3250 in cash rebates right now, we don't qualify for the lessee rebate. Theres also the 1000 dealer cash marketing support. So that brings us to 19,250 as our offer. Even if they used the car as a loss leader or factored in holdback, I don't see how on earth they would sell that car in the 16k range. Should we realistically offer 18? Where is the extra money coming from? Or should I just offer 850 under invoice (150 over - $1000 marketing support) and take the rebates? Thanks guys. Looking to do a deal by tonight or tomorrow before the rebates expire.
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Replying to: ddombrowski1 (Mar 30, 2009 6:10 am) All the stuff with gov't "guarantees" of warantees may or may not be tentative. The UAW has every intention of dragging them all to the bottom. Published invoice figures have been nominal for almost 2 decades. Trying to figure their "cost" and "profit" minus holdback is silly. There is unadvertised dealer cash available sometimes and certainly here. Good luck --jjf |
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This afternoon I am meeting with my salesman to discuss numbers & I could use some help, as this is my 1st time negotiating a car. I have a pretty good background in crunching numbers because I am a senior in college with a double major in accounting and finance. 2009 Chevy Malibu LT2 w/a V6. It already has around 1,100 miles on it because it is a demo. The salesman hasn't given me a price yet because they were "reworking" the prices as of today. I think he is just trying to push me around because I'm a young woman & he probably doesn't think I know anything about cars. Any advice?
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Replying to: oquaina (Apr 06, 2009 11:09 am) Is there a reason why you want demo car? Because it is cheaper? Young woman should not buy a new or used car alone.. do you have father or brother? Be very careful, I have read of people who paid demo models from previous year more than experienced buyers did new one with 0 miles.
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Replying to: postmortem (Apr 06, 2009 10:18 pm)
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Replying to: oquaina (Apr 07, 2009 2:33 am) Go to cars.com. See how many of the new vehicles are available within 50 miles or so of you. The chevy website may be more informative. If its the only one in the exact color and options you want go for it. Obviously, you have shopped for financing as you know you can leave $1500 or more on the table there over 4-5 years. Deals are in "" quotes as what a good deal from a bankrupt company with "govt guaranteed" warantees is worth is open to question. Personally, I would be looking for around a $18000 purchase price. Whether they let it go for that (or less) would depend on their sales this month. Good luck --jjf They offered me 20,500 walk out price. It only has 1100 miles on it. I think it's a fair price since the sticker was around 27000 (it's loaded). My husband went with me, but I wanted to be as knowledgeable as possible before I went in. Do you think that is a good price? I'm going today to sign. |
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Looking at an 09 Malibu with the flex fuel 3.5 V-6 engine (only made for a couple months in early 2009 supposedly). April doesn't seem to be as good a month to deal as March was here in OH. I'd like to know where "jfritsch" gets his numbers as here in Dayton they are very different. i am looking for at least 5k off sticker and that's with the extra $500 for being a credit union member. Any help?
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Replying to: pegasus17 (Apr 09, 2009 9:32 am) The $22000 msrp 09 Malibu's Saturn twin has a 08 trade in value used of barely $12000. (msrp 22000). The Malibu's near twin, the pontiac G6 (msrp 22000) barely $11000. The $24000 msrp Impala barely 11000 also. This is what the 09's will be worth about 12 months from now. Even 7000 off msrp is hardly giving them away. So either you have a lot of GM points to get rid of (they usually limit the amount you can use anyway) or really really want a Malibu. Good luck --jjf Looking at an 09 Malibu with the flex fuel 3.5 V-6 engine (only made for a couple months in early 2009 supposedly). April doesn't seem to be as good a month to deal as March was here in OH. I'd like to know where "jfritsch" gets his numbers as here in Dayton they are very different. i am looking for at least 5k off sticker and that's with the extra $500 for being a credit union member. Any help?
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got the new car itch after six years driving a Maxima and had some spare time after finishing up my taxes. Wanted to look at American cars but was really pi$$ed to find Korean Hankook tires on the flex-fuel Malibus i drove. Slowly getting turned off to the buying process after four days... thanks for the quick reply, jfritsch
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