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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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jjf:..just curious what you do.....are you a car dealer?....most of your messages are cut and paste on the same issues across the board.....Scion, Honda, Hyundai, and the Chevy forum here.... IMO no dealer is going to enter a car negotiation deal based on what the car is going to be worth in a year....depreciation is a fact of life on a car the second it rolls off the lot......if you are trading cars every 2-3 years...then yes.....it may be a factor....and your are definitely losing money..(again my opinion) if someone is doing that....most people today I beleive consider an auto purchase a long term investment (5-7 years at a min) and dont worry about trade in value.....I for one dont...as I tend tor drive the cars until they are not worth the effort or expense to repair anymore...... most dealers are willing to work at our slightly above invoice, and then add in the incentives ongoing at the time.....the Malibu seems to be a seller for GM right now just as the CTS is, paper ads are one thing, but getting into the dealer and getting that number is another.....
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Replying to: pao (Apr 20, 2009 7:13 am) |
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Replying to: fpinho (Mar 29, 2009 8:31 am) Curious could you break down your 6750 in rebates?
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Replying to: luckycat007 (Apr 28, 2009 7:54 am) The 6750.00 consists of: 1250.00 Rebate 1500.00 Rebate 2000.00 Lease Rebate 1000.00 GM Card Earnings 500.00 Auto Show Rebate 500.00 Some kind of dealer rebate they through in -------------------------------------------------------------------------- 6750.00 The incentives this month are worse than last month and I think they will get even worse going forward due to inventory being adjusted.
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| I just purchased a loaded LTZ in Black Granite.. loaded meaning it has the 6cyl engine and rear power package ($30K sticker).. I made an offer of $24,500 and the dealer accepted. In the end I decided to do the 0% financing so they added back the $2750 but I came out with lower monthly payments doing this. Was offered to ext. the base warranty to 6yr. 60,000 miles for an extra $13/mo. so I did it as well. I shopped around for about a month and this was the best deal I got. Another dealer told me that I should take this deal because there was no way that he could sell that car for $24,500. So far I am really liking it. The handling is good but the ride could be a bit better.. of course, I am coming from a Mercedes S500 which is probably the best riding car on the road. | |
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Replying to: fpinho (Apr 28, 2009 10:14 am) I could brag about a deal even better than that, if I hid my $3000 GM Card points in the mix. That doesn't help anyone else, and is clearly misleading. Same for the lease rebate, for most buyers. And the auto show rebate and your mystery dealer rebate aren't any more common. Let's keep the numbers real, so prospective buyers can see what deals are actually out there and available to all of us.
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Replying to: sierra95831 (Apr 29, 2009 7:59 pm) For your information these numbers are real. GM Card is only 1K not 3K read the post. As for the 2K in lease rebate the dealer threw that in even though I didnt qualify for it. It's all about negotiating and doing your homework .... I dont know if all regions qualified for the auto show rebate (500) I know the northeast did and as for the extra 500.00 that is available to everyone, some kind of incentive from GM to dealer... again do your homework... |
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Replying to: fpinho (Apr 30, 2009 5:47 am) you missed his point...that these incentives arent common to most buyers...yes perhaps you did your homework and negotiations....but depending on your region, incentives vary...right now in the northeast region...the incentives include supplier pricing for credit union members, and $2500 off or 0% financing for 60 months...just checked the GMsite, apparently the car show one has been dropped now he also stated he had a deal done for $3k on his GM card.... and wasnt referring to yours....as far as your dealership was concerned....they obviously ate the lease rebate since you stated you werent eligible for it, as well as the the mystery $500 rebate.....so good for you and bad for them....again...probably not typical at ALL dealerships...but it appears you got a good deal......
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Replying to: pao (May 01, 2009 3:36 am) The GM website, for me anyway, is not a good site for the incentives. When you walk into the dealership ask the salesman or manager to see the official document from GM of all available incentives. Also you could check www.carsdirect.com as they list all incentives available and... the auto show rebate is still available as well as the lease cash (2000.00)
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Replying to: fpinho (May 01, 2009 6:06 am) fpinho, I've spoken with a number of dealers about getting the $2000 lease rebate even though I don't have a lease. They all say that GM will hold them accountable for each of these, and if they can't show evidence of an actual, specific lease, GM won't pay the $2000 and it'll come out of the dealer's pocket. Not many dealers are likely to give away an extra $2000 to sell a car. I heard of one dealer in the LA area who would give up $1500 of that money -- but that's a bit too far from where I live for me to take a chance that he's on the up-and-up (especially since he is, by definition, breaking GM's rules). All I've ever asked here is that people explain where they get their figures. Just stating how much someone got off a car doesn't help the rest of us find similar deals. And I thought that was what this forum was all about. Thanks for providing the additional details on your numbers. That clears things up a lot, and I can see now how you got to your final price. The only one I'm still not sure about is that lease rebate. If I found a dealer willing to go through with that, I'd be ready to buy. |
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