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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: asylum575 (Apr 29, 2008 8:07 am) $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 |
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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. |
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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.
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Replying to: spahut (May 10, 2008 7:24 pm) --jjf
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Replying to: jfritsch (May 11, 2008 5:51 am)
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Replying to: spahut (May 11, 2008 8:23 pm) 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
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Replying to: jfritsch (May 12, 2008 3:59 am)
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Replying to: spahut (May 13, 2008 11:12 am) You really can't have an auction (for your business) with only one bidder. Its like one hand clapping. For price targets a fairly good rule of thumb is to take the kbb or nada wholesale of the vehicle you are looking at used (12-14 months old) with average miles and add about 20% for the target on a new one. One should shoot for as close to that as possible. --jjf
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Replying to: jfritsch (May 14, 2008 6:55 am)
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Replying to: fueledup (May 14, 2008 8:03 pm) I'm sorry to say but you are half wrong on that statement. If a dealership is approaching the end of the month and has not made their sales quota, they will be more willing to deal on their inventory. Now if the dealership has been hot then they will not have much incentive to deal on their vehicles. In this case, you are right. It will not depend on what day of the month it is to buy. Jfritsch covered this in post 459. He mentioned that if a dealer was popular, you could beat your head against a wall and only get a free oil change. Something to that effect anyway. 
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