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You are in the Prices Paid - Buying & Leasing Experiences
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Chevrolet Colorado, Truck
#7 of 48 Don't pay it off!
Aug 23, 2004 (3:33 pm)
Check with your dealer, you have to make at least 3 payments or lose the GMAC bonus on that rebate.
#8 of 48 Re: Don't pay it off! [madridjoe]
Aug 24, 2004 (6:05 am)
Are you sure about that? One dealer told me to wait 90 days before paying it off, or the title work would get screwed up, which makes a little sense. The dealer I bought from told me that I could pay it off the minute I got my payment book. It's probably worth a call to GMAC.....I have to get the pay off amount from them anyway.
#9 of 48 Re: Don't pay it off! [seversuave]
Aug 25, 2004 (5:59 pm)
I sell Chevrolets in Florida, and unless it is state regulated, you will find that to avoid a penalty you need to make the first 3 payments before you pay it off.
#10 of 48 Re: Don't pay it off! [madridjoe]
Aug 27, 2004 (3:32 am)
In MA, several dealers told me I could pay the note off as soon as I got the paperwork in the mail. One single dealership told me I had to wait 90 days lest GM somehow bill me for the rebate.....
#11 of 48 Re: Chevy Colorado: Prices Paid & Buying Experience [lee_w]
Dec 04, 2004 (7:37 pm)
We bought a 2004 Chevy Colorado today at a dealership in Northern California: extended cab, 4x4, 5cyl, 3.5L, auto, 3800mi for $19,500 cash before taxes & fees. Has premium sound, CD, XM radio, OnStar, alum. whls, power windows & locks, sliding rear window. Dealer price was $23,995. Purchase experience was easy.
#12 of 48 Crew Cab Z71 LS 1SE 4WD
Feb 20, 2005 (10:17 am)
Supplier discount $26,014. Got some front tint and a bed liner for $100 to close deal. Dealer fee (couldn't negotiate it away) $150, so $26,264. Less $4k in rebates...so $22,264 plus tax and license.(I am active duty military so got another $500 in rebates). Dealers agent was good, dealership management a pain. Used GMAC financing for one month, then paid off with credit union (4% for 5 years 50% loan to value) The credit guy at the dealership said it was a convenience issue with title work; no penalty for early payoff.
#13 of 48 Re: Chevy Colorado: Prices Paid & Buying Experience [lee_w]
Jun 30, 2005 (7:29 pm)
05 Colorado 4WD LS Crew Cab Z71 1SE 3.5L I5 Automatic w/ Heavy Duty Trailering Equipment ($270), Body Colored Wheel Flares ($100) & Body Side Moldings ($100) $28,355-MSRP. Paid $22,943.85 after GM Employee Discount and $2000 cash incentive. Tax, Title, License and Dealer Fees were extra.
#14 of 48 Employee pricing
Sep 23, 2005 (5:23 am)
Why did the employee pricing change from end of July to September on Colorados? It appears GM is still advertising employee pricing but is it truly employee pricing since prices decreased approx. $700 - $1000? Employee pricing is usually a percentage off of invoice and the invoice price did not change on the colorado. Is this false advertising?
I paid approx. $800 more in July than the current employee price in September even though I purchased with a dealership that participated in employee pricing.
I do not think I paid what GM employees paid as there advertising goes.
#15 of 48 Employee Pricing
Oct 04, 2005 (3:56 am)
I got the employee price after reviewing my contract.
The #14 posting is in error. No wrong doing by the dealership or GM.
#16 of 48 Re: Chevy Colorado: Prices Paid & Buying Experience
Dec 21, 2005 (12:05 am)
Hi, my brother just bought a 2006 Chevy Colorado Regular cab, 2WD, 5-speed manual Transmission, 2.8 liter/4-cylinder. He was telling me over the phone that the MSRP on the truck is $15,330 and the Invoice price is $16,260. when he said this, i got a very bad feeling that he got taken by the salesman. I looked over my papers from the purchase of my 2004 Silverado that i bought new back in mid-2004. It had an MSRP $27,260 and the Invoice price of $24,096. I believe that the Invoice for my brothers truck includes the Factory Holdback and possibly other in-valid charges. Can anyone on this forum tell me if i am reading these numbers correctly? Should the Invoice price always be quite lower than the MSRP? I read this really good site that is very imformative. The Factory Holdback is not supposed to be included in the buyers price as it is given back to the Dealership once it sales the vehicle. Please contact me if you have any information on this issue.
Juan, Tampa, FL