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Prices Paid: Buying & Leasing Experiences Prices Paid & Leasing Experiences Archive Pontiac GTO Prices Paid and Buying Experience 
317 messages, Last post on Mar 22, 2008 at 7:54 AM
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A reporter is interested in speaking with someone who has purchased a GM vehicle using the current ‘GM Employee Discount’ promotion. If you are interested in speaking with this reporter about your purchase decision, please contact Pam Krebs, Edmunds.com PR, at pkrebs edmunds.com with a phone number where you can be reached. The reporter needs to speak with someone today. Thank you
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no GTOS are being advertised in new york city...all gone have to go outof town...heard that there all gone now......word in street...gas station guys/ drive allongs/ street people....."heard about this car....WOW...is it that fast...looks good....hhear you can't get one...." car has become like a celebrity sighting..................i luv it... 
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...if the "Employee Discount For Everyone" promotion is extended, as has widely been reported, you most likely won't see the GTO on it. If there are '05's (or even leftover 04's) stagnating on dealer lots, it's a dealership issue, not a lack-of-sales/lack-of-interest one... --Robert |
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Anyone have any idea how much the dealers are making on each GTO when they are sold with this "Everyone Gets the Employee Price" promotion? My guess is that it is different from when a GM Employee went in prior to June 1, and asked to buy one under the real Employee Price program. Since the Employee Pricing shown is less than Invoice, GM must be paying the dealer some kind of incentive, over and above the hold-back, I would guess. (Reason I'm asking is because I "can't" buy one now. But, if I know how much the dealers are making on each GTO sold under this promotion, perhaps they'd accept that same profit when I'm ready to buy an '06 next year.... Hey, anything to help in the bargaining process, right?) |
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Replying to: rcc442 (Jul 01, 2005 12:06 pm)
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Replying to: elias (Jul 03, 2005 7:31 am) My question was more pointed to the Employee Pricing promotion. Seems to me that on a large-scale program like this, GM would be simply paying the dealers a flat amount per car model in addition to the margin. For example, just throwing out hypothetical numbers, let's say that a particular dealer normally pays 7% below invoice for a given car model. So for each car sold, he makes whatever the difference is of the selling price and that 7% below invoice figure. (Then at the end of the year, he also gets his "hold-back" check.) But for this promotion, since GM is setting the sale price, wouldn't it make sense that GM is then paying a flat $800 (or whatever) to the dealer, to help make up the difference between the Employee Price and what the dealer might normally sell the car for? (Thus, the dealer's profit would be the difference between what his own contract price is for the car and the Employee Price, plus whatever this "flat" amount GM is paying as part of the promotion (plus his hold-back).) Now, since we can look up the invoice price and compare it with the so-called Employee Price, if we just knew, ballpark, how much GM is paying the dealers for each GTO sold under the Employee Price promotion, we would know what a "fair" price to offer a dealer is... in other words, what price is worth doing business at.... without really knowing his true "profit", because we don't know what his contract says he pays for the car, and we don't know what GM-to-dealer incentives are available at any given point. (Put another way, we would know what he "gets" for the car (the Employee Price from the customer, plus this mystery payment from GM), but we would not know his true "cost" for the car or his profit, which is fine... I was just trying to figure out what a fair selling price is.)
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Replying to: rcc442 (Jul 04, 2005 9:54 am) But, that is gross profit... he has to pay expenses out of that.. And, if everyone is getting the same deal, it isn't like he can make up for a skinny deal on the next guy... I doubt you'll find anyone selling under the employee price.. regards, kyfdx |
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Replying to: rcc442 (Jul 04, 2005 9:54 am) 
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