- #51 of 157
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Re: Is this good? [times2]
by jaltenbach
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Nov 10, 2006 (7:00 pm)
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Replying to: times2 (Nov 09, 2006 7:26 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.
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- #52 of 157
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Re: Is this good? [jaltenbach]
by times2
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Nov 13, 2006 (5:42 am)
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Replying to: jaltenbach (Nov 10, 2006 7:00 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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- #53 of 157
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Re: Is this good? [times2]
by jaltenbach
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Nov 13, 2006 (6:31 am)
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Replying to: times2 (Nov 13, 2006 5:42 am)
Am currently in negoiations with dealer. Being offered $13,600 for 2007 Cobalt Sedan LT with only option automatic transmission (no trade). I still think this is high. Any other opinions out there?
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- #54 of 157
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Re: Is this good? [jaltenbach]
by times2
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Nov 13, 2006 (11:18 am)
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Replying to: jaltenbach (Nov 13, 2006 6:31 am)
According to Edmunds, that would seem to be a good price:
2007 Chevrolet Cobalt
LT 4dr Sedan (2.2L 4cyl 5M)
Total with Options (Automatic Transmission)
MSRP-------Invoice------What Others Are Paying
$15,635----$14,754------$15,303
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- #55 of 157
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Re: Is this good? [times2]
by jaltenbach
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Nov 13, 2006 (1:23 pm)
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Replying to: times2 (Nov 13, 2006 11:18 am)
I'm sorry, I goofed. I'm being offered $14,600 (no trade) not $13,600. $14,200 with trade ( a 1991 Grand Am w/129,000 and at least a half dozen other problems that I don't want to put money into). They gave me $100 more than I thought I would receive. I think sometimes it's really hard to even believe Edmunds numbers. I want to counter offer them something below their $14,200 as the two numbers that I mentioned were their first numbers. I say that about Edmunds because I find it hard to believe that the MSRP is $15,635 and the dealer invoice is only $881 below that.
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- #56 of 157
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Re: Is this good? [jaltenbach]
by times2
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Nov 14, 2006 (5:26 am)
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Replying to: jaltenbach (Nov 13, 2006 1:23 pm)
Kelly Blue Book Claims:
What people are actually paying (16,248.00)
Invoice (15,365.25)
MSRP (16,330.00)
Seems like $14,600 might not be too bad. I'm not sure where you live, but you could try e-mailing a couple of other dealers to see if they can beat it.
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- #57 of 157
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Re: Is this good? [times2]
by jaltenbach
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Nov 14, 2006 (6:41 pm)
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Replying to: times2 (Nov 14, 2006 5:26 am)
I did request quotes from 2 other dealer in the area (I live in the Allentown, PA area). One responded but not with a number, the other quoted me $14,800. So right now, the first dealer has given me the best offer of $14,265 w/trade but that was his first offer. I think he should be able to knock off a few hundred from that especially since I am trying to make this a cash deal.
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- #58 of 157
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Re: Is this good? [jaltenbach]
by jaltenbach
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Dec 14, 2006 (12:14 pm)
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Replying to: jaltenbach (Nov 14, 2006 6:41 pm)
I finally made my deal and have the 2007 Cobalt LT for nearly a month. The MSRP for the car with only automatic transmission is $15,635 before taxes. Of course I was not going to pay that. I had a trade-in that was worth only $400. The first offer was $14,265 with trade. I didn't like the number and I told the dealer. A few days later I made an offer of $13,600. General manager asked if I could come up to $13,750. I think I was being squeezed but I said yes. I then had $1700 in GM card earnings to take off from that $13,750. My out the door price including destination charge, tax, tags, license came to $12,888 or somewhere close to that as I do not have the paperwork in front of me. And I also received a $100 gift card to Target. So a new Chevy Cobalt LT for under $13,000. So glad I didn't upgrade my GM Mastercard when they were trying to get cardholders to do so. Upgrading would have turned my $1700 into $350. So those of you looking to find what others are paying, this is my story.
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- #59 of 157
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Re: Is this good? [jaltenbach]
by micweb
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Dec 15, 2006 (2:21 pm)
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Replying to: jaltenbach (Dec 14, 2006 12:14 pm)
You got a great deal but, uh "first offer was $14,265 with trade. I didn't like the number and I told the dealer. A few days later I made an offer of $13,600. General manager asked if I could come up to $13,750. I think I was being squeezed but I said yes."
Good grief it sounds like YOU were doing the squeezing - $2,035 off the list price on an "economy" car. Many dealers' coupon specials around here only offer $1,000 off....
Anyway congrats on a great deal.
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- #60 of 157
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Re: Is this good? [micweb]
by jaltenbach
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Dec 16, 2006 (8:30 am)
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Replying to: micweb (Dec 15, 2006 2:21 pm)
My gut tells me that car prices are over-inflated just like many other items we purchase in our lives. Businesses try to make us pay what they want us to pay (why would I pay $50 for a pair of jeans, for example). My job is to get the best deal I can dispite the dealer fighting against that goal. Although I treat him/her with respect, he is not my friend who is trying to do me a favor. I look at this strictly as a business deal. He's trying to make me pay as much as possible, I'm trying not to. I don't get all excited about the new car smell and wide eyed over a brand new object. This is alot of money to me that took a long time to save. I'm not giving away thousands in profits. One dealer's offer was only $381 off the MSRP, although it was his first offer. I believe I could have talked with him, about price, if I persued that dealship. If someone else wants to pay that that's their business but I feel sorry for them that they then can't use what they could have saved (by doing a little homework and dealing). And even from this experience I have learned something that will help me the next time. Anyway, thank you for your comments. If a fellow consumer thinks I got a great deal that makes me feel all the better. I think only another car dealer will truly know if the deal was a good deal.
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