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Prices Paid: Buying & Leasing Experiences Chevrolet Silverado Prices Paid and Buying Experience
675 messages, Last post on Oct 26, 2009 at 10:25 PM
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Replying to: putterca (Mar 19, 2008 9:35 am) --jjf i'm a bit confused. edmunds describes the invoice price as the price the manufacturer charges the dealer. if this is true, why would a dealer sell a truck for less than what they paid for it? most posts suggest paying at least $1000 below invoice. doesn't sound like a profitable business to me. please correct me if this is not the case. i'm looking at a 2008 LT1 ext 2wd with the california package with an msrp of $29400. edmunds doesn't list provide the cal. pkg price, so i can't get the invoice from this website, but it seems to be typically about 10% below MSRP. so am i correct in assuming the invoice in the truck i'm looking at is about $26500? What do you guys think would be a good target price for this truck? I want to do the 0% instead of the rebates because the interest savings are greater in the long run. thanks in advance for your replies. |
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I am looking at a 2008 Silverado extended cab 4wd work truck with LS package and a few other options. MSRP is $29462. I shopped one dealership so far they are telling me a price of 27281. It seems to be about $500 over invoice. I know I can do much better. What should be my lowest possible offer on this truck. I do want to take advantage of the 0%. I am in Minneapolis, if that maters. Thanks for any opinions!
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Replying to: dadwithvan (Mar 20, 2008 4:08 pm) On a $30,000 MSRP truck you should have no trouble getting one at least $400 below invoice and still get the 0% interest. Truck and SUV sales are way down so dealerships are giving much better deals.
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Replying to: trousermouse (Mar 23, 2008 9:48 pm) It is amazing how they try to get you into the dealership. I'm not falling for it either. |
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Question. MSRP on this truck is $40,920 and am negotiating with them to get to the invoice price of $37,220 and then talk trade. My question is that if you get the price to invoice, or close, do you still have room to negotiate out the holdback?
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Replying to: spahut (Mar 25, 2008 8:59 am) Also, don’t let them steal your trade in… Go to http://www.carbuyingtips.com/ and read the chapter on Trade Ins. |
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Well, here is the outcome. I was negotiating a work truck and was down to $26,261 + TTL with 0%. MSRP = $29,462. Ended up another dealership wanted a crack at pricing on a 1LT because they didn't have the specific WT in stock with a 5.3 and power windows etc. - I gave them my price of $26,200. The other dealership came back to me with a price of $28000 + TTL and 0% on a $31,485 1LT. I went and checked out the truck, It had more options I liked etc. I called and said a deal at $27,500 + TTL and 0%. The said ok - and said the invoice was $29,409 (which I am not sure I believe). That would be $1909 below invoice. I then called the previous dealer and told him I found another truck. He, of course, wanted a crack at it (the 1LT). He called back and told me to go buy the truck at other dealer - and he had no idea how they would let it go at that price. So I feel like I got a good deal - $3985 under MSRP with 0% in lieu of a rebate. My guess is one can do way better than "invoice" price right now on these trucks. Good luck... |
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Replying to: dannynoonan (Mar 12, 2008 6:45 am) |
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I'm looking at possibly buying a 07 or 08 Silverado Reg Cab 2WD W/T. Looks like the dealers are stuck with a bunch of white ones. Bare bones no frills - no extras. Rubber flooring - no A/C I've found a few-MSRP 18380 What can I expect to get one for? Local Dealer has advertised an 08 for 15500- but its a short bed- I need a long bed. Thanks, 2door
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Replying to: 2doorpost (Mar 27, 2008 9:32 pm)
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