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Pontiac GTO Prices Paid and Buying Experience

317 messages,  Last post on Mar 22, 2008 at 8:54 AM

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What is this discussion about? Pontiac GTO, Coupe


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#114 of 317
Just bought a Cyclone Gray 05 6 Speed in Lynn, MA by oakster
Apr 03, 2005 (6:05 pm)
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You do need to shop around. Went to one dealer in MA this Saturday that wanted to sell me a car w/150 miles of test drives. They were great and let me drive the car w/no problems. I was serious about buying the car and wanted to deal but they wanted too much money. Sales people were great but the sales manager didn't want to budge. He told me the car was rare and there were several other dealers trying to get this car that would pay at least what I was offering. The GTOs seem to be finally moving but this was too much of a line for me. Would have paid what he was asking if the car had no miles but everyone wants to drive these cars for the thrill but few end up buying one.
 
Pontiacs site shows all the inventory at dealers in the area so I walked and drove 15 minutes to the next dealer that had the same car I was looking for (cyclone gray 6 speed). Walked into Pride Pontiac in Lynn, MA 5:30pm. Was greeted by a nice salesman. Told him what I wanted to pay, he asked me to write a check for the deposit to show him I was serious which I did. Went to his sales manager who told him the car was on the site but still in transit. Spent 5 minutes with the sales manager and we negotiated a great deal. Paid hundreds less and I get a car right off the truck instead of a 150 mile demo. One of the quickest deals they have made in a while. I feel for the sales reps at the other dealer b/c the manager lost a quick sale.
 
These are great cars and I wouldn't expect any major incentives because they are starting to move despite zero positive press.
 
Had another dealership I drive by everyday tell me when I first went in to just look at the car that they weren't sitting on the lot for more than 48 hours. I laughed b/c I drive by everyday and the same exact cars are still there. Sold one or two but not w/in 48 hours.
 
Shop around is my advice but don't expect them to be giving the 2005s away.
#115 of 317
Re: Incentives [hammen2] by sputterguy
Apr 07, 2005 (1:30 pm)
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Replying to: hammen2 (Apr 02, 2005 7:50 pm)

I know, the '05s seem to be selling well. I'm just hoping there will be something in the way of incentives so I don't have to pay to much of a premium to get into an '05.
#116 of 317
Re: Incentives [sputterguy] by sensai
Apr 07, 2005 (2:27 pm)
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Replying to: sputterguy (Apr 07, 2005 1:30 pm)

There is a $1000 off on the 05s now, but unless you can get financing close to as low as GMAC was offering through the end of March (0% on 36 months, 3.9% on 60 months), then it actually comes out to more than before...
#117 of 317
My Experience by lowflier
Apr 10, 2005 (7:32 am)
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I just had a great buying experience yesterday on an '05 Yellow/Black A4. They had no problem letting me test drive. I found it with 22 miles on the clock and put another 9 on during the drive. I kept this newborn to no more than 3500 rpm (even though the dealer told me not to be afraid to "drive" it). 3500 rpm had me merging on the highway at 80 and having to idle to avoid over-running traffic in front of me.
 
The sales guy started out with that shallow, phony demeanor that I absolutely detest, then threw me $1000 off MSRP and $21,500 for my '03 SVT Cobra. I really wanted to get past that shallow connection I had so my wife and I lured them away from the numbers for awhile. We started talking about how business was going at the dealership, my wife asked about her family, we talked about hobbies and pasttimes, and even managed to joke and kid a little bit. Soon we had them offering another $1000 in a "hot button" discount. The new car price was getting close but I told her she really had to sharpen her pencil on the trade because a dealer down the street had offered me substantially more (not a bluff). She asked me where she needed to be but, in a nice way, I stayed with "more than that". Edmunds valued my trade at $22,100 (22,150 miles in "clean" condition) and the offer from the other dealer was $22,500 with no firm number on the GTO. She came back with $22,800 and offered me the 1.9% for 36 months on the difference (which I didn't think I could get because of the $1000 cash allowance). The car is sitting in my garage this morning.
 
Final Deal:
MSRP: $34,295
Dealer Discount: ($1,000)
Cash Allowance: ($1,000)
My Price: $32,295
 
Trade-In Allowance: $22,800
 
Difference + Tax + Doc Fee + Title = $10,335 1.9% = $295.81/mo for 3 years
 
I know it may not be the absolute best deal, but I drove away feeling like I got a fair deal and the salesperson made a little money too.
 
What do you folks think?
#118 of 317
Re: My Experience [lowflier] by cccompson
Apr 10, 2005 (12:05 pm)
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Replying to: lowflier (Apr 10, 2005 7:32 am)

It shouldn't matter what anybody else thinks if you're happy.
#119 of 317
Re: My Experience [cccompson] by lowflier
Apr 11, 2005 (2:37 am)
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Replying to: cccompson (Apr 10, 2005 12:05 pm)

It doesn't - and I am. I guess I was really wondering how the deal stacks up against other deals being made out there.
#120 of 317
Re: My Experience [lowflier] by cccompson
Apr 11, 2005 (11:26 am)
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Replying to: lowflier (Apr 11, 2005 2:37 am)

From what I've seen here (and on other site), a $1000 dealer discount on an '05 GTO is no big deal with invoice (or near) and supplier pricing available in some markets. That said, pricing really does seem to be dependent on location, lowflier. Thus, without knowing where you are, it is impossible to be more specific.
 
The important thing is that YOU are happy with your price.
 
Enjoy!
#121 of 317
Re: My Experience [lowflier] by redacr
Apr 11, 2005 (3:11 pm)
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Replying to: lowflier (Apr 10, 2005 7:32 am)

Congrats, but I must ask...
What made you get rid of the cobra?
i've driven an 03' and it made me wet my pants..
ahh, the whine of a blower!!
#123 of 317
'05 Orders by midwesttrader
Apr 14, 2005 (2:50 pm)
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Just read elsewhere that GM has updated the order cut off for the '05's. Final consensus is now April instead of March and the cut off for sold orders is April 21st. Final build date remains June 10, and '06 startup date remains August 24th.

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