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Chevrolet Cobalt Prices Paid and Buying Experience

138 messages,  Last post on Jun 09, 2008 at 7:26 PM

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


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#43 of 138
Not a great experience but I love the car! by burningstariv
Jun 26, 2006 (10:06 pm)
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Just thought I'd add my experience (new here by the way ). I previously drove a '99 Cavalier Coupe (leased and buy option at end of the lease) and after much research decided I wanted to get a 2006 Cobalt LS Coupe. I went to the dealer where I got my Cav but the particular guy I got the Cav from now works at another dealership. Anyway my father and I got stuck with some 1950's holdover salesman who was very enthusiastic to get me into the car, fill out the papers, get a co-signer blah blah blah. All this after he offered me no money down, drive it off the lot. I returned the forms and regretttably told him I couldn't have a co-signer because the only person I could consider was my mom however she and my father are in bankruptcy so that isn't reliable. Immediately his attitude changed to sour and said "well we'll get you a used Cavalier". Well I was driving a used Cavalier, my own! The finance guy told me there was no chance I was going to get my '06 Cobalt. He told me to try other places to see if I could get something else. I understand the game but was a bit frustrated that no one would help me out. Needless to say there was 1 guy who worked at the dealership who got my paperwork and pushed and pushed to get me financing. GMAC wouldn't touch me at all. He called me a few days later and said "I can get you approved for an '05 Cavalier". I said "No thanks, I'm not interested" and hung up the phone. Lo and behold 1hr later he calls back and tells me I'm approved for my '06 Cobalt. The very same one I test drove. I met with him and he told me he called at least a dozen different financial institutions to get me the $$. My credit isn't go great and what saved me was I never missed a payment on my Cav from day 1. I am truly indebted to him. My only regret is that the stodgy old "you're gettin' nuthin'" salesman got the credit for the sale
I didn't get any extras save an automatic transmission and a rear spoiler. Paid approx $16,500 and at the end of 6 years it's all mine. I could only get a straight buy, no lease of which I'm glad. For as many years I had the Cav it could've been mine 3 years earlier had I not leased it.
#44 of 138
Is this good? by times2
Aug 25, 2006 (1:29 pm)
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How about a 2006 Cobalt LS Sedan with Cruise Control for 12,500 including the 750 rebate?
#45 of 138
Re: Is this good? [times2] by vivisimonvi
Aug 28, 2006 (7:48 pm)
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Replying to: times2 (Aug 25, 2006 1:29 pm)

For a bare bones vehicle (this is the same LS Cobalt and mine has automatic transmission) that is what I paid for here in South Texas. OTD total was $13175. I had my parents help me purchase this as my first new vehicle. This doesn't have any other dealer added options, and no power anything (not even floormats). Not to confuse "Luxury Sedan" of the former Cavalier LS, there's nothing fancy about the Cobalt LS (it is the lowest series of the Cobalts).
 
I think I got a good deal. My parents have dealt with the same guy before in the past so the experience wasn't uncomfortable. We even haggled him to get the windows tinted after quite a few "I cannot do that" responses =)
#46 of 138
Re: Is this good? [vivisimonvi] by times2
Aug 29, 2006 (7:46 am)
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Replying to: vivisimonvi (Aug 28, 2006 7:48 pm)

Well - now as of today (08/29/06), there's now another $500 cash back for a total of $1250 back in the Cobalt. So that makes the price $12,000 even. Then I applied my $2700 of GM Card Earnings for a final price of $9300. You gotta love that for a brand new car.
#47 of 138
Re: Is this good? [times2] by jaltenbach
Nov 07, 2006 (3:58 pm)
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Replying to: times2 (Aug 29, 2006 7:46 am)

I don't see how you were able apply $2700 of GM Card Earnings towards a 2006 Cobalt. The latest I saw in print was up to $1000 on a 2007 Cobalt. Am I missing something?
#48 of 138
Re: Is this good? [jaltenbach] by times2
Nov 08, 2006 (1:36 pm)
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Replying to: jaltenbach (Nov 07, 2006 3:58 pm)

I had the Original GM Card, and never "upgraded" to the newer card they offered. Under the agreement of the original card, there was never any limitation on the amount of money that could be applied up to the $3500. Someone else in my office used her full $3000 on a new Pontiac G6, and shortly after, they sent her the new card, with the new limits. So, I may be getting a new card shortly, but so far, I haven't.
#49 of 138
Re: Is this good? [times2] by jaltenbach
Nov 08, 2006 (2:23 pm)
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Replying to: times2 (Nov 08, 2006 1:36 pm)

I also have the original GM card and have never upgraded. Although I used my accrued earnings at the time to purchase my 1988 Grand Prix, my earnings were under the amount ($1500) I thought was allocated for the car at that time. I currently have a little over $1700 built up since then and am looking to replace my wife's 1991 Pontiac Grand Am. Are you saying that I can use all of my $1700 on, let's say, a 2007 Cobalt? I'm sure I saw recently where earnings only up to $1000 is allowed on a 2007 Cobalt. Any information would be helpful.
#50 of 138
Re: Is this good? [jaltenbach] by times2
Nov 09, 2006 (8:26 am)
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Replying to: jaltenbach (Nov 08, 2006 2:23 pm)

If you call the 1-800-847-1000 on the back of your card, you can ask them if you're eligible to use the full amount of your earnings on the Cobalt. Let them know that you still have the original card. They told me over the phone that I was eligible to use the full amount.
#51 of 138
Re: Is this good? [times2] by jaltenbach
Nov 10, 2006 (8:00 pm)
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Replying to: times2 (Nov 09, 2006 8:26 am)

I took your advice (the number is 947) and you were right. Now, instead of the $1000 I thought I was only going to be able to use, I'm good for nearly $1800. Thank you for that info.
#52 of 138
Re: Is this good? [jaltenbach] by times2
Nov 13, 2006 (6:42 am)
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Replying to: jaltenbach (Nov 10, 2006 8:00 pm)

Sorry about the typo. Glad to hear you can use your full amount. Hope you get a good deal. I now have about 3,500 miles on my '06 Cobalt LS sedan, and I haven't had any problems. Getting about 33 mph with the 5-speed.

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