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

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#125 of 157 Re: Decent deal on a 2007 [mikejl] by pjm16 Jan 31, 2008 (5:21 pm)
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. Replies to this message: mikejl (Feb 08, 2008 7:39 am) poncho167 (Feb 09, 2008 5:05 am)
#126 of 157 Re: Decent deal on a 2007 [pjm16] by mikejl Feb 08, 2008 (7:39 am)
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. Replies to this message: poncho167 (Feb 09, 2008 5:05 am)
#127 of 157 Re: Decent deal on a 2007 [mikejl] by poncho167 Feb 09, 2008 (5:05 am)
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)
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.
#129 of 157 HOW ON EARTH????? by writerhopeful Feb 22, 2008 (7:55 pm)
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. Replies to this message: poncho167 (Feb 23, 2008 12:49 am) bobru (Feb 24, 2008 6:45 pm) bobru (Feb 25, 2008 12:37 am) barnowl3 (Mar 08, 2008 5:59 pm)
#130 of 157 Re: HOW ON EARTH????? [writerhopeful] by poncho167 Feb 23, 2008 (12:49 am)
Replying to: writerhopeful (Feb 22, 2008 7:55 pm) You can try negotiating online with a couple local dealers. Online negotiating is pretty popular and you don't have to haggle at the dealership with that. Once you get the final price you just print it out and take the quote into the dealership. Chevy.com will do a dealer locator for you and show you the stock and will also answer the questions about the differences in the car models.
#131 of 157 Re: HOW ON EARTH????? [writerhopeful] by bobru Feb 24, 2008 (6:45 pm)
Replying to: writerhopeful (Feb 22, 2008 7:55 pm) I just purchased 2008 Cobalt LT in Philadelphia area. 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.
#132 of 157 Re: HOW ON EARTH????? [writerhopeful] by bobru Feb 25, 2008 (12:37 am)
Replying to: writerhopeful (Feb 22, 2008 7:55 pm) I forgot to mention - 2008 Cobalt I've bought is brand new, 4 miles on odometer. 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.
#133 of 157 Great deal by georgecavalier Mar 08, 2008 (5:08 pm)
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.
#134 of 157 Re: HOW ON EARTH????? [writerhopeful] by barnowl3 Mar 08, 2008 (5:59 pm)
Replying to: writerhopeful (Feb 22, 2008 7:55 pm) When I bought our Cobalt, I found several 1-2 year old Cobalts costing more than new. Chevy needs to move cars and the key is all the extra incentives, watch for them. Don't trust the dealer to tell you about all of them. Once you build at least $3,000 of incentives, you will be probably be better off buying new. You need to get the dealer to discount the car first, BEFORE the incentives. We got about $750 of a $16,295 MSRP. You may do even better. Our incentives amounted to $5,000, but that included GM card earnings of $1500. In January they doubled the GM earnings, now they are offering these other bonuses. Once you get that far into the deal, watch for the extra charges. Tell them plainly you won't pay them. Prep fees are BS. You obviously need to pay registration and some $ for them to do the paperwork (~$50), but as a dealer, their job is to prep the car and not add it as a charge. To meet their quotas, taking it off their lot by the end of the month is a bonus for them, so time your purchase. If they start tacking on fees and and it is the last week of the month, I am sure if you get up to walk, those fees will quickly disappear. If you don't buy your Cobalt with these incentives, and trade it in 3 years, you will take a beating. Just check the trade in on a 3 year old. Once I saw that, there was no way I would pay $15K for one. Good news is, our mother has been very happy with the car so far. Good Luck and find a dealer you can trust.

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