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Prices Paid: Buying & Leasing Experiences Chevrolet Cobalt Prices Paid and Buying Experience
157 messages, Last post on Jul 28, 2009 at 12:59 PM
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I was able to get my brand new 2008 Cobalt LS four door sedan with automatic tranny and rear spoiler for $300 over invoice at Browning Chevrolet in Madisonville, KY. This was a very stripped down car, with no power windows or power locks and no cruise control. The only listed options were the auto tranny and the rear spoiler. Sticker price was $15,530, including the destination charge, and Browning knocked off $374.40. This left the dealer with a margin of $300 over invoice, and, of course, he got his 3% "hold back." I was actually surprised that they knocked anything off sticker price, since the Cobalts were selling like hot cakes, and I was getting the last one in their inventory. Sales tax was $677.18, license and registration was $52, and the dealer "document fee" was $199. (Why don't they just call that "document fee" something like "Get your hands up and let me take $200 out of your wallet just cause I can fee?") A GM rebate of $2000 plus my GM Credit Card earnings of $1869.29 were applied, along with the $500 I was allowed for my 89 S-10 beater pickup with a salvage title that I traded-in with 219,6xx miles on it. (Plus I avoided paying an A/C repair bill in the dealer's service department by trading-in the truck. They were working on my S-10's A/C when I bought the Cobalt.) I ended up financing only $11,714.49. Not a "killer" deal maybe, but a decent one, I think. I think I will like this little car just fine, but I know I will miss cruise control when I am traveling. This is my first car with XM radio, and I think it will be hard to give up when the free three month subscription runs out. I might just have to sign up. Tom
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Replying to: tsjay (Jun 07, 2008 12:27 pm)
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Replying to: poncho167 (Jun 08, 2008 4:40 am) I really don't often take long trips, though. I can probably survive without cruise, but it's nice to know that I can have it without spending a fortune. Tom |
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Just wanted to post how much I paid for a 2009 Chevy Cobalt 10/31/08 in case someone was looking to buy one. Cobalt LS Sedan with floor mats and side body molding: MSRP: 15925 Dealer Discount: -1430 Rebate: -1500 GM Card earnings: -2159.58 Purchase Price: 10835.42 Of course I did not include the Tax and DMV cost plus the 67.50 dealer charges to the above price as it varies from state to state. |
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Did you purchase a "extended warranty" when you bought your car. Is it realy worth it or it's more like a last minute gamble? I don't know what to do. |
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Replying to: grosloup (Nov 02, 2008 4:55 am)
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Replying to: tcalof (Nov 02, 2008 7:56 am) I know some people advocate changing oil a little early since the manufacturer is trying to be a good corporate citizen by extending the change interval. I change early myself, but still go by the computer. Just do it when the computer indicates 25% life remaining. BTW, the manual requires at least yearly changes if you are a very infrequent driver. |
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Replying to: grosloup (Nov 02, 2008 4:55 am) Numerous people on the Hyundai forum (with 100k powertrain and 60k bumper to bumper std. ) have paid $1000 or more for a 120k AFTERMARKET warranty (you fill in the paperwork and hope to be reimbursed from ACME co.) this is downright stupid. The fact they can work it into the financing for $20/mo makes it more saleable. I purchased numerous cars in the 80's and early 90's with just 12mo bumper to bumper. Unbelieveable this was the standard for 20 (50?) years before. Reliability was also poor compared to now. (remember the good ol days?) For cars (nissan, honda,ford etc) with 3/36 bb and 5/60k powertrain standard a bumper to bumper 8yr /120kmi bb extension for a cheap (under 20k) sedan should be around $800. For more expensive vehicles loaded with electric sliding doors, 4wd, navi, etc we're talking about $1200. For the Chevy one would expect about $500 or so. Much more than this and you should pass. Many people get taken for $2000 or more for these in the dealer's finance office. Honda's warranty used to be offered online by several dealerships but I think they terminated the practice. I believe Honda's extended warranty is available until the 36k mile mark for $100 more than around time of purchase (under 6kmiles). Others may be similar. Warranties can be shopped just as cars can by getting 10 or so dealers to compete end of month.(sales quotas). 20 or more bids could be solicited. Just email for the best price from the dealership and they may give you the finance officers email.(or just forward it to him) Good luck --jjf Did you purchase a "extended warranty" when you bought your car. Is it realy worth it or it's more like a last minute gamble? I don't know what to do
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Replying to: jfritsch (Nov 06, 2008 7:43 am) |
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