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Chevrolet Silverado Prices Paid and Buying Experience

675 messages,  Last post on Oct 26, 2009 at 10:25 PM

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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

#528 of 675 Re: Just try and cancel OnStar [dukeblu] by notracin Jun 21, 2008 (12:42 pm)
Replying to: dukeblu (Jun 20, 2008 6:05 pm) Well take a baseball bat and beat your truck up.
#529 of 675 Amazed at how un-competitive dealer was on Silverado - what's the deal? by nyaudi Jun 21, 2008 (4:53 pm)
Short story - we are getting a Tacoma buy-out for frame damage at 150% of KBB so we're in the market for a new truck. Obviously I'm starting at Toyota as boy did they exceed my expectations to make this right - they are paying me $4000 more than I paid for my '98 truck 5 years and 40K miles ago. Toyota is offering about $5K below invoice on the Tundra - $6500 if I register to business. Not bad I think. I mentioned that I'd be checking out domestics too. They were a bit let down and said the domestics would do better on price, and were selling why they were better, yada yada yada   Stopped by a local dealer - in short, I was very under-whelmed. The offer at "supplier pricing" was about $5K below MSRP. They also pointed out that if I had a GM, I could have gotten another $2K off, but I didn't, so too bad. I made it clear they were thousands above the Tundra - they more or less shrugged and I went on my way.   I have to admit, I liked the Silverado. Nicer interior, nicer ride - and if this 4-cyl mode is to believed, the mileage potential sounds great. Main drawback was no dual-zone climate until much higher trim levels and no pass-through windows on any I saw - that has been handy for us. I also suspect depreciation will be faster.   I'm tempted to buy my first domestic auto ever - I would think that Chevy would be bending over backwards to "convert" an import buyer like myself. But that was not at all my feeling today - I was very disappointed as I expected a fire-sale comparable to what I saw on the Tundras. Dealer readily admitted they weren't selling trucks.   So what's the secret? I know people are trading these in for next to nothing and there is no good market for these, so I either expect to see the new model prices slashed substantially or have some great deals on 1-2 year old models that came back in trade for $18-$20K. Replies to this message: hotrod1965 (Jun 21, 2008 7:22 pm) nyaudi (Jun 22, 2008 11:34 am) jfritsch (Jun 22, 2008 1:27 pm) and 2 more...
#530 of 675 Re: Amazed at how un-competitive dealer was on Silverado - what's the deal? [nyaudi] by hotrod1965 Jun 21, 2008 (7:22 pm)
Replying to: nyaudi (Jun 21, 2008 4:53 pm) I've known many who have either worked for GM or worked at a dealer. So here's what they tell me about prices. GM basically tells the dealer what they can sell a vehicle for. If it has a sticker of 30K, and invoice of 28K, the dealer needs to have permission from GM to sell it for less than 28K and still make a proffit. (usually in the form of rebates, GMS price,or supplier price). If they sold it for less than 28K, they would lose money. So in the dealers defense, they are not the problem in giving you a deal. If they could without losing money, I'm sure they would love to knock 10-12K off the price of a new truck. If you can wait, I would wait until the 5k in rebates were for everyone, not just GM loyalty. Also, email around to a bunch of dealers, because you may find better prices on trucks that have been sitting around for a while or have special savers packs on them. Replies to this message: nyaudi (Jun 22, 2008 11:34 am) jfritsch (Jun 22, 2008 1:27 pm) nyaudi (Jun 22, 2008 5:18 pm) and 1 more...
#531 of 675 Re: Amazed at how un-competitive dealer was on Silverado - what's the deal? [hotrod1965] by nyaudi Jun 22, 2008 (11:34 am)
Replying to: hotrod1965 (Jun 21, 2008 7:22 pm) Thanks for the feedback.   Perhaps I should look at F-series as well... seems like Ford recognizes they have to do something drastic if they want to make room for the 2009s.   I'm really surprised Toyota is coming out so aggressively on price relative to GM. My understanding going in was that Tundra is a great truck but expect to pay for it. If the actual price is less than the domestics, this is not going to be good for GM. Replies to this message: jfritsch (Jun 22, 2008 1:27 pm) nyaudi (Jun 22, 2008 5:18 pm) jfritsch (Jun 23, 2008 1:33 am)
#532 of 675 Re: Amazed at how un-competitive dealer was on Silverado - what's the deal? [nyaudi] by jfritsch Jun 22, 2008 (1:27 pm)
Replying to: nyaudi (Jun 22, 2008 11:34 am) If you look up a used 07 version of the new 08 you are thinking of buying it probably has a trade in value of 14000 or more off msrp, whether Tundra or Domestic.(msrp in the 35000+ range.) The 14000 figure is probably low, despite what the books say. All the 20 mpg trucks are slow, the Tundra too. The domestics have more brand loyalty.   This is an unusual period in auto history where a major marketing procedure for Domestics, (less so for foreign) is coming to an end. All the profits the domestics made was in trucks. They lost or broke even on most cars. The $4.00 price point has driven most drivers batty (about where research firms predicted it would) with an unprecedented dumping of 20 mpg trucks, many under 3 years old, mainly in the last 5 months (a compressed period of time). Tundras and titans are the least of their problems (not many made compared to U.S. Manufacture). Japanese producers also don't rely on trucks for most of their profit.   Tons of trades, leftover 08's and god help them, formerly popular trucks coming off 24-36 month leases with the 09's coming out.   Jesus you start even thinking about a new 08 at 10k off. Consider start of bidding used trucks considerably below kbb trade in for a retail sale.   Good luck --jjf   Thanks for the feedback.    Perhaps I should look at F-series as well... seems like Ford recognizes they have to do something drastic if they want to make room for the 2009s.    I'm really surprised Toyota is coming out so aggressively on price relative to GM. My understanding going in was that Tundra is a great truck but expect to pay for it. If the actual price is less than the domestics, this is not going to be good for GM. Replies to this message: nyaudi (Jun 22, 2008 5:18 pm) jfritsch (Jun 23, 2008 1:33 am)
#533 of 675 Re: Amazed at how un-competitive dealer was on Silverado - what's the deal? [jfritsch] by nyaudi Jun 22, 2008 (5:18 pm)
Replying to: jfritsch (Jun 22, 2008 1:27 pm) So far, I'm not seeing quite that much desperation locally - but that was why I decided to look at full-size. I only drive my truck ~3000 miles/year so I can afford the gas and capitalize on the situation if I really see these go at fire sale prices. But as you note, the industry is changing, and I think the big 3 are finally doing the smart thing - cutting supply to support price. So this will eventually work itself out and re-establish a more normal equilibrium, particularly if the speculation bubble in oil bursts, but the next few months seem like a great window of opportunity.   An 07 Tundra similar to what I was quoted $22K on for an 08 (about $9-10K below MSRP) works out to about $21,700 on trade-in according to Edmunds. I doubt someone would really get $21,700, but seems like $9-$10K off is about as good as it's going to get for the moment.   It is definitely an odd time to be looking - I'm not sure where all the cheap trade-ins are piling up yet, but they must be building pressure. And I don't need to buy right away, so may give this until Jul/Aug when pressure builds more.   The most comical pricing I've seen was on last gen Tundras - Toyota dealers are asking for $22-$25K on 05/06 Tundras from previous generation. So once again, if I go used for a Toyota truck, it's going to have to be 3rd party... Toyota dealers seem to think their used cars are made of gold at $1000/ounce Replies to this message: jfritsch (Jun 23, 2008 1:33 am)
#534 of 675 Re: Amazed at how un-competitive dealer was on Silverado - what's the deal? [nyaudi] by jfritsch Jun 23, 2008 (1:33 am)
Replying to: nyaudi (Jun 22, 2008 5:18 pm) All dealers think their cars are worth 1000/ounce. This is a valuable machine you have here.. you don't think we will part with it for nothing?   BTW just for kicks check the value on kbb.com and nada.com. Edmunds is frequently the most generous (of an already generous for trucks) bunch on trade in value.   Good luck --jjf   The most comical pricing I've seen was on last gen Tundras - Toyota dealers are asking for $22-$25K on 05/06 Tundras from previous generation. So once again, if I go used for a Toyota truck, it's going to have to be 3rd party... Toyota dealers seem to think their used cars are made of gold at $1000/ounce
#535 of 675 Re: Chevrolet Silverado: Prices Paid & Buying Experience [KarenS] by pawngod Jun 28, 2008 (8:03 pm)
Replying to: KarenS (Sep 15, 2003 9:39 am) 08 gmc sierra denali awd sticker was 42,500 i got it for 34,225 i only have about 1000 miles on it sofar...so good.....gas mileage is a bit depressing at 14.4 mpg i have averaged. anyone know how to remove front license bumper holder?? Replies to this message: gnp96 (Jun 30, 2008 12:46 pm) pawngod (Jun 30, 2008 7:11 pm) gnp96 (Jul 01, 2008 6:47 am)
#536 of 675 Re: Chevrolet Silverado: Prices Paid & Buying Experience [pawngod] by gnp96 Jun 30, 2008 (12:46 pm)
Replying to: pawngod (Jun 28, 2008 8:03 pm) Hey where did you score that deal? City, State and do they still have deals like that??? I am looking for something like that with the 0% financing deal as well. Replies to this message: pawngod (Jun 30, 2008 7:11 pm) gnp96 (Jul 01, 2008 6:47 am)
#537 of 675 Re: Chevrolet Silverado: Prices Paid & Buying Experience [gnp96] by pawngod Jun 30, 2008 (7:11 pm)
Replying to: gnp96 (Jun 30, 2008 12:46 pm) i got mine at bob howard in edmond oklahoma...i found it on the internet ...my buddy sells cars and i asked him how i could get the best deal...he said....just tell em. i want a car at invoice...i wanna see the invoice and i want to retain all applicable rebates......i got a call a few days later and he said..i can get you this denali for 34,225.00 and i said...i am on my way....they are very nice trucks...i love it....you cannot keep the rebates and get zero financing..so i went with a low interest loan to keep the rebates Replies to this message: gnp96 (Jul 01, 2008 6:47 am)

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