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Pontiac GTO Prices Paid and Buying Experience

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

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Pontiac GTO, Coupe


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#264 of 317
Re: Have you checked CA prices? [teachermann] by elias
Apr 13, 2007 (8:49 am)
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Replying to: teachermann (Apr 12, 2007 11:14 pm)

hi teacherman. unless you own the dealership or are the business/contract manager there, you really cannot know the dealer cost for any of the new vehicles they sell. such is private contractual info between dealer & manufacturer.
but that nitpick aside: $26k sounds like a great price for a new 06!
as to why you are seeing similar prices for used 05s, i suppose that's because sellers can "dream" and ask any price they want.
#265 of 317
Re: Have you checked CA prices? [elias] by vinnyny
Apr 25, 2007 (8:49 pm)
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Replying to: elias (Apr 13, 2007 8:49 am)

such is private contractual info between dealer & manufacturer
 
Just curious, but what's private about invoice - holdback? Are you suggesting that GM is making special secret deals with their dealers? If not, then dealer cost is relatively simple to determine. Any automotive website (including this one) will give you invoice price, manufacturer incentives, and holdback information.
#266 of 317
Re: Have you checked CA prices? [vinnyny] by elias
Apr 26, 2007 (5:57 am)
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Replying to: vinnyny (Apr 25, 2007 8:49 pm)

hey there NY Vinny.
first i must mention the 4 back to back home runs. too bad the half hour of loudest-ever Y-S cheers were not broadcast by ESPN !
and now to the subject at hand: i didn't say that either invoice or holdback are private. i said the vehicle cost to the dealer is private and is set by a private contract between dealer and manufacturer. YES, dealers do make these "special secret deals" with the manufacturer. There is nothing wrong with this - it is totally legit. Private contracts are indeed legal in USA.
Typically the more cars the dealer sells in one year, the lower they can negotiate their per-vehicle dealer-cost for the next year. The actual dealer cost of a vehicle is known in some circles as the "dealer memo price".
to get something here about the actual price of GTOs - anyone out there purchased a 2006 lately - please tell us what you paid? i continue to be astonished at the incredible quality & performance of my 05 GTO. I paid invoice price minus GM card $3000 for my 05: $27068.
#267 of 317
Re: Have you checked CA prices? [elias] by vinnyny
Apr 26, 2007 (6:56 am)
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Replying to: elias (Apr 26, 2007 5:57 am)

Elias:
 
As a long-suffering Mets fan, 4 back-to-back jacks versus the Yankees is like Christmas in April.
 
As to private pricing between manufacturers and individual dealers, I'm pretty skeptical that GM can charge different prices to different dealers for the same product. The auto industry is pretty heavily regulated by the Feds. I know that sales volume affects allocation of vehicles, but I think that pricing is an entirely different issue.
 
Even if GM can charge different prices to different dealers, I wouldn't even think of buying a car without seeing the invoice. Any dealer who refused to show me the invoice would not get my business.
#268 of 317
Re: Have you checked CA prices? [vinnyny] by elias
Apr 26, 2007 (7:12 am)
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Replying to: vinnyny (Apr 26, 2007 6:56 am)

I hear ya, Vinny the Mets fan! I hope Pedro rehabs nicely and also that he buys a Pontiac GTO for a good price. (gotta relate this to GTO prices somehow).
Invoice price is available via edmunds.com , so you can always see that. But as I've alleged, that's not the price the dealer really pays to the manufacturer. Thankfully private contracts in USA are not(yet) as regulated as you are apparently surmising.
My info about this comes from an industry source who is most familiar with Ford/Mazda. GM could well have a different approach to these private contracts than Ford. Or maybe the situation/policies/private-contracts have changed since I last talked to my industry source a few years ago.
#269 of 317
HAS ANYONE BOUGHT A GOAT LATELY? by vinnyny
Jul 06, 2007 (3:04 pm)
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I tried to pick up one of the few remaining GTOs in my area and the dealer acted like he was hanging on to a long lost Picasso or something. He was asking for MSRP minus rebate. He explained (ad nauseum) that this was one of the last of the breed. I replied that it was soon to be a two year old car that was discontinued due to poor sales and the inability to keep up with safety standards. However, I did agree that if he could verify that his was one of the last few to come off the assembly line, that it might have some collector value (in 25 years or so).
 
Since he thought the car was worth so much, I sent him the links for half a dozen new GTOs listed on EBay for thousands less than what he was asking. I figured he could buy 'em all and buy himself a nice 2008 G8 with the profits.
 
All that aside, I'm still looking for good prices if anyone has seen any...
#270 of 317
Re: HAS ANYONE BOUGHT A GOAT LATELY? [vinnyny] by teachermann
Jul 06, 2007 (5:13 pm)
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Replying to: vinnyny (Jul 06, 2007 3:04 pm)

I bought a new '06 with auto trans (tired of shifting gears!) from Conkle in Indiana for $28K (not incl. tax). Car is now at Lingenfelter being "modified!"
#271 of 317
Re: HAS ANYONE BOUGHT A GOAT LATELY? [teachermann] by maryowens420
Jul 06, 2007 (7:16 pm)
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Replying to: teachermann (Jul 06, 2007 5:13 pm)

Let them keep their picasso. They're obviously running a museum. That's why it's still sitting on their lot two years later.
#272 of 317
Re: HAS ANYONE BOUGHT A GOAT LATELY? [teachermann] by vinnyny
Jul 07, 2007 (11:33 pm)
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Replying to: teachermann (Jul 06, 2007 5:13 pm)

I've been thinking about getting a car drop shipped directly to Lingenfelter for years. It hasn't worked out to this point because I've always lived too far away for it to be practical. I may pursue it next time around.
 
It looks like Conkle only has two GTOs left: a black one and another one that they're asking $56K for. I'm not interested in black and I can only guess that the other is modified in some way...
#273 of 317
Re: HAS ANYONE BOUGHT A GOAT LATELY? [maryowens420] by vinnyny
Jul 07, 2007 (11:35 pm)
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Replying to: maryowens420 (Jul 06, 2007 7:16 pm)

I can't blame the dealer for trying the old "Collector's item" game, but when a car is sitting on your lot for two whole years, it might be time to change tactics...

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