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Chevrolet Cobalt Prices Paid and Buying Experience

157 messages, Last post on Jul 28, 2009 at 12:59 PM
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Replying to: dad2be (Dec 05, 2007 12:46 pm) |
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Here's the deal I got on an '08 Cobalt, LT w/ AT & cruise. MSRP $16295 (w/ dest chgs). Discounted to $1550 (~invoice) - $1,000 rebate and -$1,000 GM loyalty = $13,550. GM card bumped my earnings from 1600 to 3,000 (3K top off until 1/31)= final price of $10,550. NY sales tax was charged on $15,550, which IMO is a rip off to pay tax on $2,000 of discounts. Definitely a good deal, but considering the car will only see about 12M miles in 3 years and will depreciate to $7800, I wasn't willing to pay any more. Hopefully it runs right and doesn't have warranty issues. Dealers seem slow this month, check your GM card for the bonus.
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Replying to: barnowl3 (Jan 19, 2008 4:13 pm)
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Replying to: poncho167 (Jan 20, 2008 5:58 am) Joel
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Replying to: jtk152 (Jan 20, 2008 6:24 am) The trade in issue in NY can be a topic for another thread! If I sold my car on my own, I don't get sales tax credit for it, but you do at the dealer. Gives the dealer an unfair advantage. Oh well, those are the rules of the game. |
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Just pulled the trigger on a new 2007 2LT Cobalt, Sport Red Tint, Auto, Spoiler, Remote Start MSRP - 17915, invoice - 17050 The deal was 550 off invoice, less 1,750 GM rebate, less 500 Conquest rebate for a net of 14,250. There are still a few new 2007 models around, especially if you are willing to drive a little farther than you normally would. I negotiated this deal over the phone, subject to actually seeing and driving the car when we picked it up, so it wasn't too much of a hassle.
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Replying to: mikejl (Jan 30, 2008 10:35 am)
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Replying to: pjm16 (Jan 31, 2008 5:21 pm) I do like the car. It handles well and is a lot of fun to drive. I haven't had a chance to drive it more than 40 miles in a single trip yet. I'm looking forward to driving it on a long weekend trip of 250+ miles (each way) when the weather improves. I know this isn't exclusive to Cobalts, but I really like the XM radio that came with it. I am much more impressed than I thought I'd be. I also like the mpg. A lot.
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Replying to: mikejl (Feb 08, 2008 7:39 am) |
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MSRP $14510 rebate $2000 discount $1210 selling price $11300 trade-in value $500 AirCheck voucher $3000 amount to finance $7800 + TT&L I'm waiting on the title to this junker car to arrive so I can get this Cobalt. It qualifies for this AirCheck voucher here in Dallas/Fort Worth because it is more than 10 years old and has been continuously registered for the last 12 months. It also failed an emissions test which is why I'm looking to replace it. Of course I bought it specifically so it would fail so I could trade it in on a new or newer car and get this $3000 voucher. If I had GM card rebates it'd be even cheaper. Edmunds TMV on the car is right around $12,100 so it's not a bad deal at all at $11,300. I also intend to have the dealer tint the windows nice and dark ($295) and I'm considering adding a center console armrest but haven't got a quote and was thinking of getting that from a junkyard anyway. Compared to my best deal on a 2009 Corolla base 5-speed with the same equipment plus its standard ABS (AC, CD/MP3, 5-speed, no other options, which didn't impress me much more than this Cobalt at all) at $15,785, it's a real steal of a deal. I thought about a Yaris but I wouldn't be able to live with the gauge cluster in the center of the dash. I still intend to shop the Nissan Versa and the Honda Fit before I commit to this Cobalt, but with the Auto Show coming, I expect Auto Show bonus cash at the Chevy dealer, taking another $500 or so off, and if I can, I may qualify for a college student rebate as well since I am a full-time student at TCC. I can't remember if that is $400 or $600 or even if it is still offered. I might be financing less than $7500 for a brand new car with less than a hundred miles on it if I do this right! The only used car I'm considering so far is a 2005 Taurus sedan with 60K on it for $5989, and it ALSO qualifies for the AirCheck voucher and the $500 for the Intrepid junker, so I'd be looking at $2489 plus TT&L for a 3-year old car with 60K miles and that also is NOT bad at all. |
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