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Chevrolet Aveo, Coupe, Hatchback, Sedan
#186 of 199 Re: Got a great deal on an Aveo....twice! [micweb]
Mar 31, 2009 (12:04 am)
Don't pay up for these cars... There may be a huge shooting gallery for most cars in the traditional may-july inventory reductions. A 90 day supply is considered bloated for most autos.
Industry's Big Hope for Small Cars Fades - WSJ.com
Bookmark added by casudi on 03/23/2009
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Last summer, when gas cost $4 a gallon, buyers snapped up small cars so fast that dealers couldn't keep them in stock. Now, with gas prices half that level, almost 500,000 fuel-thrifty models are piled up unsold around the country.
The turnabout comes at a bad time for the struggling U.S. car industry, which has revamped factories and shifted product plans to produce more small cars in coming years. The moves are prompted by coming stricter federal fuel-economy standards and the Obama administration's car-bailout plan, which encourages auto makers to boost their vehicles' mileage.
Practically every small car in the market is stacked up at dealerships. At the end of February, Honda Motor Co. had 22,191 Fits on dealer lots -- enough to last 125 days at the current sales rate, according to Autodata Corp. In July, it had a nine-day supply, while the industry generally considers a 55- to 60-day supply healthy.
For other models the supply situation is even worse. Toyota Motor Corp. has enough Yaris subcompacts to last 175 days. Chrysler LLC has a 205-day supply of the Dodge Caliber. And Chevrolet dealers have 427 days' worth of Aveo subcompacts. At the current sales rate, General Motors Corp. could stop making the Aveo and it wouldn't run out until May 24, 2010.
"I don't think Americans really like small cars," said Beau Boeckmann, whose family's Galpin Ford in southern California is the country's largest Ford dealer. "They drive them when they think they have to, when gas prices are high. But we're big people and we like big cars."
The logjam of small cars is caused in part by the recession, which has sapped sales of all types of vehicles. But it also underscores how badly gasoline prices have whipsawed the industry
GM Has 161 Day Supply Plus Massive Cash Burn
GM struggles to reduce cash burn
Automotive News | March 2, 2009 - 12:01 am EST
Here's the scary thing about General Motors' fourth-quarter operating loss of $5.9 billion: There's little reason to expect much improvement in the first three months of 2009.
Despite drastic cuts in production, employment, marketing and capital expenditures, GM still is hemorrhaging cash.
How bad is it? In a conference call last week, CFO Ray Young said GM's cash burn this year would be less than last year, which it put at $19.2 billion — but admitted the cash burn in 2009 would be "front-loaded."
Translation: The short-term bleeding will continue. It will be hard in this quarter for GM to reduce its cash-burn much below the $5.2 billion consumed in the last three months of 2008.
And that won't be popular in Washington, where bureaucrats analyzing GM's bailout request seek assurance that they aren't throwing good money after bad.
One of GM's biggest headaches is a stubbornly high inventory. Despite drastic cuts in production, GM had a 161-day vehicle supply on Feb. 1. A 60-day supply is considered ideal. In unit terms, GM had 792,600 vehicles in stock, down 69,800 from Jan. 1. That's a reasonable figure by historical standards.
But sales have collapsed, so unsold cars and trucks still are piled up on dealership lots. GM's January sales totaled 122,728 units, down 48.9 percent from January 2008.
GM sales analyst Mike DiGiovanni expects GM's February sales to be "about the same" as January, and he sees only modest improvements in the months ahead.
At current selling rates, Chevrolet has more than a year's worth of unsold HHRs and Aveos.
#187 of 199 Purchasing new HHR - what can I expect to pay?
Apr 03, 2009 (10:42 am)
We want to purchase a 2009 LT2/cloth seats. What is a fair amount to expect for an out-the-door price (including tax & license and $2500 in rebates)?
Apr 08, 2009 (5:26 am)
A reporter is looking to speak to consumers who has purchased a GM vehicle over the past six months or interested in buying one shortly. Please send your daytime phone number to ctalatiedmunds.com by Monday, April 13, 2009.
#189 of 199 Re: Purchasing new HHR - what can I expect to pay? [sgarz]
Nov 17, 2009 (9:49 am)
I bought a 2009 Pontiac G3 (same as aveo) 5 door during the cash for clunkers. Price was $15000 sticker, -4500 cash for clunkers -3500 factory rebates, so I paid 7000 plus 450 destination charges. (my clunker was a true junker, worth $200) I like this car. It is a stick shift, air conditioning, but thats all, no cruise, no extras. I drive 17 miles to work and back each day, I drive gently and at 55 mph, and average 34MPG. I believe that the important fact is how much you pay per mile you drive, price and fuel milage, so it may not compare as well as some other compacts in some areas, including mileage, but if it proves reasonably reliable, it will be less pennies per mile than all the others, and is a good car for me. I have 3000 miles on it. It is easy to change your own oil, once you get used to the paper filter and Torx t45 tool to drain the oil. I would recommend this car to drivers who pay a small price like I was able to, and just look for $ per mile.
#190 of 199 Just bought used Aveo
Nov 30, 2009 (8:04 pm)
I just purchased an Aveo 2008 with 15,000 miles for $7799 from Miller Chev in Rogers, MN. Great experience....great car at a solid price. Most Blue Book MSRP's have it for over $8000 on dealers lots. Very happy!
#192 of 199 2009 Aveo LS sedan 5 speed $4200 total NO TRADE and NOT Cash for Clunkers
Mar 15, 2010 (5:52 am)
At the end of December I purchased a new '09 sedan for $4200 TOTAL with NO trade and the is NOT Cash for Clunkers deal.
I needed a new car and wanted something new and cheap. The LS Aveo fit the bill. I sold my 1993 Honda Civic privately and got a new car with a 3/36K bumber to bumper warranty, 5/100k powertrain, 5/100k roadside assistance, 6/100k rust warranty, OnStar free for a year, built in phone and emergency services notification assistance, etc, It even has it's own phone number. Not necessary - but included free. It has side air bags, too. No curtain bags. But it's still a lot safer than my 16 year old Civic. No rust. No rot. All shiny, new and clean. Nice.
The car drives very well, is very comfortable and is NEW for $4200. I sold my Civic for $1.8k so after netting out my Civic it cost me about $2400 to move up 16 model years.
It turns on a dime and the brakes are awesome. The drivers seat is height adjustable and has adjustable lumbar support and even a little right-side armrest. It even has 2 trip odometers. Great for tracking gas mileage and little trips on the other trip odometer. Very handy. The rear seat folds down 60/40 style. So far I am averaging mid thirties after 7 tanks of fuel.
3,000 miles and climbing. Gas mileage is Mid-thirties MPG in winter in New England. The car is comfortable, great for running around, scout meetings, dance pick-up etc... Works for me.
Not a bad deal, huh.
Jul 23, 2010 (1:05 pm)
A reporter for a major daily newspaper is looking for someone who has recently purchased a Chevrolet Aveo. Please send your daytime phone number to ctalatiedmunds.com by July 26, 2010.
Oct 07, 2010 (7:24 am)
A reporter wants to interview people who are focused on achieving 30mpg or better in their next car puchase. Please reply to predmunds.com by Fri, Oct 15, 2010 with your daytime contact info and a few thoughts on the subject.
#195 of 199 don't buy this car
Nov 06, 2010 (9:11 am)
I'm a BIG Chev/GM supporter and owned an Aveo. This car, however, is something that GM should get rid of. From day one I had, electrical problems, engine light ghost problems, continual blown head lights, cracked plastic pieces in cooling system causing overheating, leaking master cylinder seal, culminating with a broken timing belt at 120,000 km causing massive engine damage. There was no warning from GM dealership at services that the belt needed changing and nothing from them advising of the propensity of this engine to have timing belts break at low mileage.
If the new Cruze uses the same engine as the Aveo I would avoid it like the plague.
The Aveo was the worst vehicle I ever pruchased. GM should be ashamed.