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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


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#58 of 675
04 Silverado LS 4x4 by joe29001
Oct 11, 2004 (5:46 pm)
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Just bought an 04 Silverado 4x4 Reg Cab Long Bed.
 
Equipped with:
LS Decor, Light Duty Power Pack, Plow Prep Package, 245/75R16 ALS WOL Tires, HD Suspension, 6-Way Power Driver's Seat, OSRV Mirror w/Driver Side Auto Dimming, Pwr Fold, Adj, Heat, Turn Signal, Deep Tinted Glass
 
MSRP: $30,308
Paid: $16,600 (45% off MSRP After Rebates (3500 + 1500 GMAC + 994 GM Card)
Trade Difference = $3,500 + 03 GMC Sierra W/T w/18K miles, KBB trade value 13,100
 
(Bought the 03 Sierra new in 8/03 for $15,132, 35% off $23,265 MSRP after rebate, Olds loyalty & GM card earnings)
#59 of 675
refinance by natit
Oct 12, 2004 (8:03 am)
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bought my 2004 ext cab z-71 last month gmac financing 6.99 refinanced today at 4.25 at my credit union $33 a month savings i asked the loan officer if they are doing a lot of gmac she laughed said she had five today any one thinking of buying take the $1500 and refinance no minimum contract length no penalty also if your looking at a 4x4 you should get NO LESS than $10,000 off sticker never mind what the dealer invoice is
#60 of 675
Looking to buy by powhatan
Oct 13, 2004 (8:52 am)
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2004 Silverado ext cab. 4x4.
It has LS Package with single disc and BOSE and bucket seats. Lt duty package and a few other odds and ends.
 
Sticker is 35,050. They are discounting it to 30,600. Then 5000 in rebates and its 25,600.
 
I am upside down in my trade. Its a 2002 2WD silvarado LS Ext cab with 49000 miles. I owe 20,200 on it and they are offering 13000. So add that back in and we are at 32,800. Still under MSRP.
 
Any ideas on getting them lower on new truck or getting more out of the trade?
 
The dealership still has 22, 2004 4x4s ext cabs on the lot!!! All simular in price and packages.
 
Any help?
#61 of 675
by jhs70
Oct 14, 2004 (8:24 am)
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What in the blue blazes are you trying to do to yourself ... get yourself further into a hole that you'll never get out of? Think about it -- you want to take out a loan for 32800 on a vehicle that's worth at best mid to upper 20s right now and sinking fast? You'll never get out of that hole. You don't give all the essentials on the truck you want to buy, but I suggest you take a SERIOUS look at what they're selling for used right now. If you thought being $7000 upside down was rough, you'll be in for a rude awakening.
Don't do it. Of course, I'm no financial advisor.
#62 of 675
Re: [jhs70] by powhatan
Oct 14, 2004 (12:28 pm)
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Replying to: jhs70 (Oct 14, 2004 8:24 am)

I hear you!!! Either way I have scewed myself with the damn lease. I will be over miles so bad I will have to buy the truck at the end of the lease. Truck has 48000 miles lease is for 60k and I have a long time to go. The new truck would be a purchase.
#63 of 675
Re: [powhatan] by lee_w
Oct 16, 2004 (8:05 am)
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Replying to: powhatan (Oct 14, 2004 12:28 pm)

Thanks for sharing your experience, but Please be careful with language. We are G rated here.
#64 of 675
Re: 04 Silverado LS 4x4 [joe29001] by dillydill
Oct 19, 2004 (12:03 pm)
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Replying to: joe29001 (Oct 11, 2004 5:46 pm)

joe,
 
What was invoice on that truck?
I have never purchased a new vehicle before
and am looking at a similar truck but the lowest quote I am getting for a 30K MSRP truck(after 5K rebates and 2K gm card) is 20,700.
Any insight or help would be appreciated.
Dillydill
#65 of 675
Re: 04 Silverado LS 4x4 [dillydill] by joe29001
Oct 19, 2004 (3:09 pm)
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Replying to: dillydill (Oct 19, 2004 12:03 pm)

The invoice on the truck was $27,040, according to dealer's web site (I never actually saw the invoice sheet though).
 
Based on my experience, you should be able to get a better deal. In some shopping around, most dealers were offering ~ $10,000 off a $30,000 MSRP (without much haggling at all). Not sure where you're located, maybe the rebates/incentives are different (I'm in Massachusetts).
 
Basically, I was considering 3 different trucks:
1. MSRP: 30,285 - Dealer offer = Trade + $6,000 ($9,985 Discount)
2. MSRP: $29,605 - Dealer offer = Trade + $7,000 ($9,605 discount)
3. MSRP: $30,037 - Dealer offer = Trade + $6,000 ($11,037 discount)
 
I took these offers to another local dealer and he offered me a similar truck (off the showroom floor, brand new, with 4 miles on the odometer) for $4,500 + trade ($12,808 discount - the best deal I could find).
 
Here's the deal (from the purchase agreement)
$30,308 MSRP
-$3,500 GM Cash
-$1,500 GMAC rebate (financed at 6.5% - will refinance soon)
-$1,500 Mfg coupons (3 at 500 each)
-$994 GM Card Earnings
-$6,308 Dealer Discount
-$13,000 Trade (Fair trade value, per KBB)
 
$3,506 + Trade Bottom Line
#66 of 675
Re: 04 Silverado LS 4x4 [joe29001] by dillydill
Oct 21, 2004 (7:56 am)
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Replying to: joe29001 (Oct 19, 2004 3:09 pm)

Joe,
 
I am in MA too. It has been pretty crazy lately. Could you post the dealership name and where you got your truck? or email the details. My email should be in my profile.
 
Also the Mfg coupons. . .how did that work out?
Did you get them in the mail or basically how do you get them?
 
Thanks again and go sox!
 
Dillydill
#67 of 675
Re: 04 Silverado LS 4x4 [dillydill] by joe29001
Oct 21, 2004 (11:18 am)
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Replying to: dillydill (Oct 21, 2004 7:56 am)

Bought it Imperial Chevrolet - Milford, MA.
 
The Mfg coupons are additional discounts from GM to the dealer. Most dealers seem to have them lately.
 
These are in addition to any other 'secret' Mfg to dealer incentives, and the holdback, which is at least 3% of MSRP.
 
Go Sox!!!

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