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Prices Paid: Buying & Leasing Experiences Chevrolet Malibu Prices Paid and Buying Experience
720 messages, Last post on Dec 04, 2009 at 6:22 AM
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Replying to: steven39 (May 22, 2009 3:19 pm) |
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| as per my previous post.anyone purchased a 09 malibu LS in the south fla area lately??if so what did you pay?iam looking at a 09 malibu LS with the black granite and two-tone cocoa interior.iam seeing a wide range of prices here that people paid for this car or what they should be paying..from the 15k-17k including the rebates.isn't this kind of low for a car with a msrp of 22,450.00........although because of the economy there are deals to be had. | |
| Hi, I am looking to buy a Malibu LT 2LT. I have an offer of invoice - holdback. The car, with side moldings, luxury mats and premium stereo lists for $26,260. Deal price is $24,300, which includes a small credit union discount. No other cash back as I want to finance at 0% (though I could save $500 if I finance through my credit union for 60 months). This dealer is in Mass. and I have bought there before. My question is: will there be better deals in June? I know invoice - holdback is a good deal, and cannot find that in northern NJ where I live, as the dealers are all lower volume than the one up north. The holdback is $722.60, which is calculated by taking (MSRP - Destination Charge) * 3%. There is the usual local/national contribution included in the invoice totaling $510.80. This was a good deal when I bought my Tahoe in 2004. Is this a good deal in today's market? | |
I think some of the posting on here are by car sales people who don't have any customers so they play on the computer all day and circulate fantasy prices.
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Replying to: jay137 (May 28, 2009 7:02 am) 
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Replying to: jay137 (May 28, 2009 7:02 am) They have a brand new 2009 Chevy Malibu HYBRID 1HY available at only $25695 plus a $1500 total cash back allowance! That's a pretty sweet deal compared to all these other numbers being thrown around. And you can even give them a call just to verify if you don't believe your own eyes! hahaha
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The deal I posted is real. When I bought my 04 Tahoe, I went to the Tahoe forum and someone turned me on to this dealer (Quirk, Braintree, MA). I bought that vehicle for Invoice - holdback and probably will do the same for the Malibu I am looking for (this is before any GM cash back, GM Card offers, etc.). It's a savings of $1,000 compared to local dealers in norther NJ, and I have family in New England within 75 minutes of the dealership, so I can kill two birds with one stone. I just want to know if anyone is getting better than that in this market and if anyone knows what GM will do come Monday. |
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Replying to: bfreeman333 (May 29, 2009 10:28 pm) $15000 for a new 09 Malibu LS or 18000 for a loaded ltz isn't anything to risk getting a ticket driving to the dealer. Good luck --jjf
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Replying to: jfritsch (May 30, 2009 6:05 am)
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Replying to: pao (May 30, 2009 3:02 pm) In this example, one (many on the Sonata forum) has paid $9000 to drive a average sedan the 1st 12 months. This is whether you drive the car 1year or 10 years. One may also be paying finance charges on the 9000 for 5 years and be instantly underwater. Many are paying $6000 to drive the $20000 msrp Gls for 12 mo. $4000 off msrp here no great shakes. Buyers of the 09 Mazda3 i touring value edition were buying the car all day long in the $15000's, with a trade in of about $13000 on the 08 model. $2000+ to drive a (above?)average consumer car 12 months is unordinarily cool. $6000-9000 less so. Average buyers of the 09 Honda accord may be eating $3000 or less to drive their car the 1st 12 months. (08 trade-in 18-20k) Good. Average buyers of the $24000 msrp Chevy Impala may be eating 8000 or so to drive it the 1st 12 months. Bad (08 trade-in $10000) most people these days dont consider a trade in value since most keep a car longer than 5 years now.....at that point....trade in value is a mute point..... So that's settled, nyet, nada, no, nunka Large differences between 1yr trade in and msrp usually indicate significant dealer (advertised and unadvertised) incentives, very good marketing gimmicks or legitimate financing incentives on the particular car, or shuttling off production to rental fleets. Paying 15-25% over a model's 08 trade-in value for a new 09 model I'm sure you will agree is much better than paying 50-80% over. Do you think that is enough to offer on the forum? Some models represent much better value over others. I have very little concern with Gm's or any other nameplate's marketing gimmicks. Trade in protection, etc etc... Especially now. GM and Chrysler can offer nothing but taxpayer funds for the forseeable future if anything. --jjf Good luck ----------------------------------- dont understand your point of constantly quoting trade in values of a year old car JJF.....that is all you seem to want to offer on the forum.......most people these days dont consider a trade in value since most keep a car longer than 5 years now.....at that point....trade in value is a mute point.....and do your numbers reflect GM advertisements of trade in value guarantee should you opt to by another like brand?....... |
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