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Prices Paid: Buying & Leasing Experiences Chevrolet Cobalt Prices Paid and Buying Experience
137 messages, Last post on Jun 09, 2008 at 7:26 PM
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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 11:35 am) 
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Replying to: pjm16 (Jan 31, 2008 6:21 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 8:39 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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| I'm currently in the market to purchase a new car. I've decided that I'm getting a Chevy Cobalt. I've been reading the forums and I"m floored at how you people get these amazing deals. I live in Colorado Springs, CO and I swear that these prices are so inflated compared to other places. Even in Denver the prices and values are better. Can someone please tell me a better way to purchase a Cobalt? They are priced around here 2006 LS 30,000 for about $10,000 before tax title and warranty!!! South Colorado Nissan told me that a 2006 LT model with 36,000 as 14,000 before tax title Warranty!!!! Please someone tell me something!!!! Also please tell me what the difference is between the LS and LT models. | |
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Replying to: writerhopeful (Feb 22, 2008 8:55 pm) |
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Replying to: writerhopeful (Feb 22, 2008 8:55 pm) I'm not sure how people buy below invoice, I got my car at invoice price without any "advertisement" or other fees. First I looked on Internet for car with options I wanted (manual, ABS etc.), I used Autotrader.com and Chevrolet.com to "Find a Vehicle", then I call several deallers and asked them to sell those cars at invoice price without any fees. Some of them told me "no" right away, but couple agreed and sent me quote with invoice price (same as it was listed at Edmunds and kbb.com). So deal was: 2008 Cobalt LT coule, manual, Revolution package, Blue flash metallic paint with ralley stripes, Smocker's package - MSRP $16,660 (but because this car was deleavered to dealership in November old MSRP was $16,395) Invoice price - $15,404.35 Cashback (exp. 3.3.2008) -$1000 President's day cash (exp. 2.28.2008) -$1000 Conquest bonus for non-GM owners (exp. 3.3.2008) -$500 PA and DE bonus in conjuction with auto-show (exp.2.28.2008) -$500 (all this bonuses are listed in Edmunds when you do "price with options", click on "available incentives") Total price I got in quotes: 12,404.35 At time of purchase they subtracted $1,500 that I have for redemtion at my GM credit card. Total amount from which I paid sales tax: 10,904.35 Tax: 654.26 Registration $ title: $55 Documentation (dealer fee): $157 Total amount paid: $11,770,61 Note: "LT" models have STANDARD: power windows, power locks, keyless entry, etc. It is not available in "LS" models. |
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Replying to: writerhopeful (Feb 22, 2008 8:55 pm) When you buy used car from a dealer you loosing your bargaining power because every used car is unique, so you can not justify your price. When you buy new, all cars are the same, so you can pick yours from many deallers and make them compete for your purchase. |
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| I bought a remaining 2007 in January and got a great deal on it. I bought an LS coupe with the auto tranny being the only option. The MSRP was around $14,500. After the factory rebate, GM Red Tag, $1,000 for my trade in, and an extra $1,000 off because my grandpa worked for GM, I got it for $10,300. The service is always great at the dealer I went to (I bought a used car from them before) and everyone is genuinely friendly. I knew just about everything about the Cobalt before I went in so the dealer spent about maybe 2 minutes explaining things to me about features, etc. | |
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