Sign In Join 



Chevrolet Cobalt Prices Paid and Buying Experience

157 messages,  Last post on Jul 28, 2009 at 12:59 PM

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

What is this discussion about? Chevrolet Cobalt, Coupe, Sedan


Messages Page 13 of 16
1
...
10
11
12
13
14
15
16
Prev
Next
Last
Go To Msg #
Search This Discussion

#119 of 157
Re: 2008 Cobalt LT Sedan [dad2be] by jtk152
Dec 06, 2007 (6:48 pm)
Reply

Replying to: dad2be (Dec 05, 2007 12:46 pm)

That's a great deal. Albeit impossible to do better, My totally basic 2007 LS auto ran me ~$12100+ tax & tags in June 2007. You got a lot more options for an extra grand. You can't buy a new Kia, Hyundai,etc.. for $13K.
#120 of 157
2008 Cobalt LT Sedan by barnowl3
Jan 19, 2008 (4:13 pm)
Reply
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.
#121 of 157
Re: 2008 Cobalt LT Sedan [barnowl3] by poncho167
Jan 20, 2008 (5:58 am)
Reply

Replying to: barnowl3 (Jan 19, 2008 4:13 pm)

I don't know, that sounds fishy to me. I am not sure about the discounts but I would think it would be the same as if you negotiated a final price of say $13,000 from a MSRP of $15,000 for example. Legally they can only tax you on the $13,000 not the original $15,000 MSRP, but the discount thing I am not too sure about, but it doesn't sound correct to me. Good deal otherwise.
#122 of 157
Re: 2008 Cobalt LT Sedan [poncho167] by jtk152
Jan 20, 2008 (6:24 am)
Reply

Replying to: poncho167 (Jan 20, 2008 5:58 am)

Poncho, it depends on how the incentives are specified. If it's a "cash back" incentive, it works just like you had that cash in hand. You pay your State sales tax based on your negotiated sale price of the vehicle, then use your incentive cash as money down. An incentive that is cash off of MSRP works out a bit better since it reduces the taxable amount due. Trade-ins are nice too since it works just like a cash off of MSRP incentive. I paid $80 NY State sales tax on my new Cobalt because my trade-in value nearly exceeded the price of the Cobalt.
 
Joel
#123 of 157
Re: 2008 Cobalt LT Sedan [jtk152] by barnowl3
Jan 20, 2008 (8:41 am)
Reply

Replying to: jtk152 (Jan 20, 2008 6:24 am)

I guess the $1,000 cash rebate would be taxed, but I assumed the $1,000 loyalty was a discount, but I see now that they call it bonus cash. It is too bad they call them 'rebates' or cash, since the money never changes hands and it is taken right off the price, so IMO it should not be taxed. There must be some advantage to GM in doing it this way.
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.
#124 of 157
Decent deal on a 2007 by mikejl
Jan 30, 2008 (10:35 am)
Reply
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.
#125 of 157
Re: Decent deal on a 2007 [mikejl] by pjm16
Jan 31, 2008 (5:21 pm)
Reply

Replying to: mikejl (Jan 30, 2008 10:35 am)

You're a Very Trusting person! Over the phone? Whew,lucky you. Do you like it? I just got my cobalt Dec. 20, 2007,It's a 2008,I really like it.
#126 of 157
Re: Decent deal on a 2007 [pjm16] by mikejl
Feb 08, 2008 (7:39 am)
Reply

Replying to: pjm16 (Jan 31, 2008 5:21 pm)

The deal was not done until I drove and accepted the car, but I had looked at others with the same options, so I knew what I was getting.
 
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.
#127 of 157
Re: Decent deal on a 2007 [mikejl] by poncho167
Feb 09, 2008 (5:05 am)
Reply

Replying to: mikejl (Feb 08, 2008 7:39 am)

I used to change out radio's with every car/truck purchase but no more. The radio's nowadays are very good especially the GM Delco's going way back. I good do-it-yourselfer/installer can connect most anything to these radio's wiring wise. No reason to go out and spend hundreds of dollars unless you are one of those who likes the big woofers with extra amplifiers, etc. That will only kill your hearing which you will pay for later in life.
#128 of 157
2008 LS sedan, 5-speed, no options by occupant1
Feb 20, 2008 (4:10 pm)
Reply
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.

Messages Page 13 of 16
1
...
10
11
12
13
14
15
16
Prev
Next
Last
Go To Msg #
Search This Discussion
To POST a message, please Sign In.

New? Join Now!

Forum Tools

Please sign in.
Email Address:

Password:

Forgot Password?

Search Forums

Enter Keyword(s)

Advanced Search

Browse by Vehicle



View All Vehicles
Advertisement
Ask the Community
See What People Are Asking

Browse by Board

Browse by Topic


View All Topics

Today's Chats

Advertisement