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Chevrolet Silverado Prices Paid and Buying Experience

616 messages,  Last post on Sep 04, 2008 at 8:28 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Chevrolet Silverado 1500, Chevrolet Silverado 1500HD, Chevrolet Silverado 2500HD, Chevrolet Silverado 1500 SS, Chevrolet Silverado 2500, Chevrolet Silverado 3500, Truck


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#451 of 616
Re: Price paid - Central Texas [7gentex] by wahoojbl
Apr 28, 2008 (7:43 am)
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Replying to: 7gentex (Apr 26, 2008 3:55 pm)

What rebates are included in that price? Sounds like a pretty good deal.
#452 of 616
08 Extended Cab 4x4 LT2 by branhap
Apr 29, 2008 (8:12 am)
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Purchased my Extended Cab 4wd LT2, LT2 Convenience, Towing, Z71, safety package, standard bed this past weekend. 5.3L; 3.73 axle ratio
 
MSRP - $36,700
After Rebates- $29,599.
 
Ended up driving 6 hours, local dealer wanted $32+ for the same truck.
 
Paul
#453 of 616
Re: 08 Extended Cab 4x4 LT2 [branhap] by asylum575
Apr 29, 2008 (9:07 am)
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Replying to: branhap (Apr 29, 2008 8:12 am)

Branhap,
  Does your deal include the $2000 rebate + the $2000 loyalty rebate.
  I hate all these rebates, It's hard to see if you got a good deal. I guess that's the point. I operate under the rule that the vehicle should discount 10% off sticker then deduct rebates.
#454 of 616
Re: 08 Extended Cab 4x4 LT2 [asylum575] by branhap
Apr 29, 2008 (3:51 pm)
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Replying to: asylum575 (Apr 29, 2008 9:07 am)

Yes.
 
$2,000 for rebate, plus $2,000 for loyalty rebate. Although Loyalty rebate doesn't really matter as Sunday Chevy added a Conquest Rebate to the Silverado even. *shrug*
 
With regard to discount, most of the dealers I got quotes from were in the 7 to 8% range off MSRP before rebates, with one dealership at 9.6% (but didn't like that truck as much.) For the most part. Local dealership wanted only 5% off MSRP.
 
My main goal is to get the truck for close to invoice, then take off the rebate.
 
For the most part, I did not find Edmunds TMV or the cars.com smart price to be very accurate. Just better to go in and ask for invoice price, and go from there!
 
Paul
#455 of 616
Price paid in RI by 44blues
May 06, 2008 (6:29 am)
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Yesterday I purchased a 2008 Silverado 1500 4wd ext cab work truck with full towing package (rear locker etc) and bedliner/rack mounting system. Sticker was $28,810
minus 2k standard rebate, minus 2k conquest rebate and $1875 off from dealer ...sales price is $22,994 plus 95 title/doc prep.
#456 of 616
LTZ purchase by spahut
May 10, 2008 (8:24 pm)
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I got my 2008 LTZ 4WD crew cab. Had engine block heater, skid plates, 6 CD, sunroof, EZ Lift, and safety package.
MSRP - $42,204
My Price - $ 39,077 b4 rebates
cust $ - $ 2,000
loyalty - $ 2,000
                 -------------
                $ 35,077 before trade and money down
 
 Input would be appreciated.
#457 of 616
Re: LTZ purchase [spahut] by jfritsch
May 11, 2008 (6:51 am)
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Replying to: spahut (May 10, 2008 8:24 pm)

A 42000 Ltz will probably wholesale used for about $26000 in 12 months. (Look up an 07 on kbb or nada.com). If thats the case, eating 9000 or more (depending on how you did on your trade.) to drive a chev pickup for the 1st 12 months wouldn't appeal to me. 7000 or 8000 off msrp for a truck that depreciates $16000 from msrp 1st year (like most of the 42k'ers) isn't exactly giving it away.
 
--jjf
#458 of 616
Re: LTZ purchase [jfritsch] by spahut
May 11, 2008 (9:23 pm)
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Replying to: jfritsch (May 11, 2008 6:51 am)

Yea, after the trade price of $5500 that gave me $29,500 before putting any money down so it was about $13k off the msrp. If I read you correctly should I have gotten the price down to about $36k before rebates and trade to be in the ballpark? If so how do you get a dealer to come down when they still consider the truck "new"?
#459 of 616
Re: LTZ purchase [spahut] by jfritsch
May 12, 2008 (4:59 am)
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Replying to: spahut (May 11, 2008 9:23 pm)

Read my message 4681 in the Hyundai Sonata forum for useful info on how to buy a car. Yes I would have wanted a minimum of 10k off the msrp.
 
Of course the truck is new. An 08 dodge ram 1500 msrp $41000 may be new. An used 07 like it 13 months or so old according to kbb.com or nada.com will barely trade in for $20000. (its msrp is even more unrealistic than most trucks). Even 12000 off msrp is financially yuckky. This will be more yuckky if gas is $4.00 and above in the future.
 
If you got about kbb value for your trade you didn't leave much more money on the table. If the dealer in question happens to have a gold mine due to his location or otherwise, he may be able to work 7000 off deals on 42000 LTz's frequently (frequently enough to work them). You may have been able to work a better deal (walking out and leaving your # helps) but if his business is great, you could beat you head against the wall for hours and get an additional free oil change and a chevy hat.
 
But not all the dealers, competitive bids (via email phone or fax) is the way to go.
 
Good luck
--jjf
#460 of 616
Re: LTZ purchase [jfritsch] by spahut
May 13, 2008 (12:12 pm)
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Replying to: jfritsch (May 12, 2008 4:59 am)

I guess my comment about the truck being new was the comment the dealer made. I went in trying to get them to come down about 10% off MSRP and that would be close to invoice and then take rebates, trades from there. Looking to come down $10k from MSRP was something I had not heard nor would I have thought you could get a dealer to come down that much.

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