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Pontiac GTO Prices Paid and Buying Experience - READ ONLY

317 messages,  Last post on Mar 22, 2008 at 7:54 AM

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What is this discussion about? Pontiac GTO, Coupe


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#187 of 317
Good Price by jswhigham
Oct 08, 2005 (7:10 am)
I've been given a quote from the internet sales manager, of $31544 plus tax, title and tag, no dealer fees and no hidden charges for a new '05 auto with 18" wheels. Is this a good deal now that the employee pricing program is over? Or should I push for a better price?
#188 of 317
Re: Good Price [jswhigham] by kbobe67
Oct 08, 2005 (1:23 pm)

Replying to: jswhigham (Oct 08, 2005 7:10 am)

Go for it.
#189 of 317
November Pricing on GTO by gtojoe2
Nov 28, 2005 (8:37 pm)
Just came from 2 dealers in NJ and the GTO is selling for 30k. They were generous with my 2000 WS6 Trans Am trade in approaching 12.5k plus an additional 5k added by me to bring the payments down to $355 for 48 mos. I have 2 vintage GTO's and wanted to add this to the herd but opted for the Grand Prix GXP V8 instead. I'm real happy too...Great car with plenty of power. Smooth ride and all the creature comforts.
#190 of 317
Re: November Pricing on GTO by gtoken
Nov 28, 2005 (11:31 pm)

Replying to: gtojoe2 (Nov 28, 2005 8:37 pm)

I was eyeing a leftover '04 on a dealer's lot, but he's holding fast at $25k. Now I'm thinking I might be better off with an '05. The Red Tag on the car I'm looking at is $30486, but I'd like to get it lower. Anyone know if there are other incentives GM has provided to dealers to move the remaining '05s? I remember they did something similar in December of last year for the '04s. There's tons of '05s to be had around here so they can't be moving that fast. I've already seen a few '06s on lots.
#191 of 317
pricing on 2004 GTOs by pod
Nov 29, 2005 (2:14 pm)
I would be very reluctant to pay $25K for a new 2004 GTO. For whatever reason there are lots of slightly used 2004 GTOs in most markets. By slightly used I mean that they have 5-12K miles and are in like new cosmetic shape. For example I loooked at a repo GTO in Massachusetts now listed at $18,900 with 7200 miles and it had an after market stainless steel dual exhaust system. I was in essentially new condition. Dealers advertise prices in the $22-25K range but deal readily (or should). After all the 2006 models are the present state of the art. For my money the 2004 with 350 HP is plenty of power and the interior hasn't changed much. If budget issues prevail and you have to have a GTO, I would recommend surveying the availability of 2004 GTOs by using edmunds used car search engine. Good luck.
#192 of 317
Re: pricing on 2004 GTOs [pod] by gtoken
Nov 30, 2005 (12:32 pm)

Replying to: pod (Nov 29, 2005 2:14 pm)

I don't feel comfortable paying $25k on that car either when they are commonly going for $19k elsewhere in the country. I offered them $22.5k for it but haven't heard back. I figured the fact that it is brand new is worth something. I've been scouting out used '04s in my area, most are priced around $25-26k. The lowest I've found is priced at $22.3k. Most, if not all are around or under 10k miles. IMO, they are all overpriced. However, like you said, they *should* readily deal.
#193 of 317
2004 by pod
Dec 01, 2005 (5:37 am)
If you are interested in the 2004 (Black on black) gto I looked at in Massachusetts I would be happy to send you the dealers address and telephone. I am 61 years old and finally decided that it was too much car for my age and pragmatism. It was in great shape and the last time I looked was listed at $18.9K. The dealers were straightforward, no pressure and did mention that they were thinking of taking it to auction if it didn't sell soon. 7200miles. Fine shape in and out. New aftermarket SS dual exhaust with separate exits at the bumper. No other modifications I am aware of. It was the best deal I could locate.
#194 of 317
Re: 2004 [pod] by kirstie_h HOST
Dec 01, 2005 (5:54 am)

Replying to: pod (Dec 01, 2005 5:37 am)

Sorry, no contact information. Dealership name, city & state only. Thanks!
 
kirstie_h
Roving Host
Host, Future Vehicles & Smart Shopper discussions
#195 of 317
Re: 2004 [pod] by travisgregg
Dec 01, 2005 (9:10 am)

Replying to: pod (Dec 01, 2005 5:37 am)

Hi That one sounds very interesting, especially if its a 6 speed. What dealership is it ? Thanks
#196 of 317
Re: pricing on 2004 GTOs [gtoken] by hammen2
Dec 01, 2005 (9:34 am)

Replying to: gtoken (Nov 30, 2005 12:32 pm)

There were something like 165 '04's left on dealer lots back at the beginning of November (here's a hint... go to the Pontiac dealer locator, which defaults to the 2005's.... edit the URL in your browser window to 2004, and it will show you what cars are available. This also works for 2006 models).
 
The reason that most dealers don't like to go under $25k for the '04 GTOs is because that's the price point at which they break even. Figure dealer invoice, less holdback and the $5000 buyout GM gave them last January, and you're in the $25k neighborhood.
 
GM doesn't care/won't put incentives on these cars, for, as far as GM is concerned, these vehicles are already sold - to dealers.
 
I'm not standing up for the price, just trying to explain their logic. At this point in time I wouldn't pay $25k for a brand-new, never-titled '04 GTO - I think your offer of $22.5 was the sweet spot. For $25k I'd buy a used '05, or maybe pay $20k for a slightly-used '04 and put a ton of mods on it...
 
--Robert

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