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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
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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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Replying to: sleukem (May 15, 2008 7:08 am)
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Replying to: fueledup (May 15, 2008 11:44 am) Sorry but I have never heard a car salesman tell me that at the beginning of the next month it will go up so I really don't get your mirage scenario.
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after a few months of researching, i finally pulled the trigger today. 1500 ext cab, 2wd, with california pkg MSRP 29315 i paid 26480, so about 10% off MSRP and i took the 0% financing they also gave me a fair deal on my trade-in. from my experience, the internet quotes i was getting were 5-6% below msrp, and I could get a few of them to 8-9% after a little negotiating, but they were insulting me with what they wanted to give up for the trade-in. my biggest asset was the research i've done and the posts i've read on edmunds to see what everyone else is paying. having the knowledge of a what a good deal would be, as well as having a few dealers competing for my business gave me the advantage in the negotiating process and it was actually very quick and painless.
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Replying to: putterca (May 18, 2008 7:50 pm) |
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Replying to: fueledup (May 15, 2008 11:44 am) True, a good deal can be had any day of the month, but the "best" deals will be had the last couple days of the month. Why you ask? Because at the beginning of each month, dealers are optimistic about hitting their numbers and believe that they have 31 days to achieve their goals. Example: Customer comes in on the 2nd and gets quoted $250 over (sounds decent, right?). Besides, dealer has 29 days to haggle with him, or move on to customer B, so the desperation of a sale is not prevalent yet. Now, the same customer waits 'til the 30th and that $250 over quote drops to $1250 below. That's a $1500 swing and a subtantial savings - certainly worth waiting a few weeks for. You have to remember though, prices are affected in so many different ways - color, engine, tranny, options, length of time in inventory, etc. |
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Rebates $2000 Cash to Customer start: 03/04/2008 end: 06/02/2008 Get Dealer Pricing Restrictions $2000 Customer Cash may not be combined with 3.9% - 6.9% APR. Comments Dealer participation may vary. Incentives and Rebates are provided subject to the terms of our Visitor Agreement. $1000 Cash to Customer start: 05/22/2008 end: 06/02/2008 Restrictions GM Memorial Day Event Bonus Cash is good towards the purchase or lease of select vehicles. $1500 Cash to Customer start: 05/22/2008 end: 06/02/2008 Restrictions GM Memorial Day Overage Bonus Cash is good towards the purchase or lease of select vehicles. Vehicles must have a price effective date on or before January 22, 2008 to qualify. WHAT does this last sentence mean?
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Replying to: kgabe (May 27, 2008 4:47 am) --jjf
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