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Pickups Chevrolet Silverado & GMC Sierra Chevrolet Silverado Prices Paid and Buying Experience
675 messages, Last post on Oct 26, 2009 at 10:25 PM
You are in the Chevrolet Silverado & GMC Sierra Forum. Your Host is kcram
| Bought this on July 8th. LT1 with two wheel drive, Duramax diesel and Allison tranny. Interior and exterior convenience packages. Camper mirrors and camper package, 17" all terrain tires with aluminum wheels plus other options. The price after the $1,500 and $2,000 rebates was $39,018 + TT&L. MSRP was $46,000+ | |
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Replying to: catam (Jun 27, 2009 8:01 pm) |
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Hello everyone, I'm in the process of helping my parents purchase a new 2009 Silverado and I have a couple of questions. First, here is the info about the deal. We already reached an agreement about the price, so I'm providing this info to give everyone a recent data point. 2009 Silverado LT (2wd Crew Cab) Color - Victory Red Options - Interior Plus Package, Exterior Plus Package & Power Plus Package MSRP - $34,870 Dealer Invoice - $32,882.03 Price before rebates - $32,482.03 ($400 under invoice) Rebates - $6500 ($6000 rebate and $500 for waiving the 60 day return) Final Price - $25,982.03 + tax, registration, etc. Location - San Bernardino, CA Now, for my questions: 1. My parents would like a car alarm. I pretty sure the F&I folks will offer to activate one that has already been installed (at least they did for my dad's 04 Silverado). If I remember correctly, they wanted $795 last time. I know aftermarket will be cheaper, but my parents would rather just use the one that's pre-installed. What would be a fair price to pay for the alarm activation? 2. My parents also want an extended warranty. I know GM offers one and we can get it from the F&I folks. My parents will want the best one, which was 5 years, 70k miles last time. What is a fair price to pay for the GM warranty? 3. My dad will also be trading in his 04 Silverado LS. I've gotten quotes from Edmunds, NADA, and KBB. NADA is the highest of the three. I also plan to take the truck to Carmax and get a quote from them as well. I plan to use these quotes to establish an acceptable range for the trade. Anyone have any other advice about how to maximize the trade in price? Thanks in advance for your assistance! |
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Replying to: ejones (Oct 22, 2009 12:16 pm) 1. LT equiped Silverado's come with a factory alarm system. I am not sure what else you are looking for unless you want GPS tracking, etc. But this is also a feature of On-Star so that if the vehicle is reported stolen, On-Star can put the engine in "limp" mode so that it is difficult to drive. 2. Ex Warranties are a crap shoot. Do some research with reputable companies and get a price quote. Use that info to negotiate a better price with the F&I guys. 3. The Carmax thing is your best bet. The price they give you is the "real" trade in value. Regardless of what NADA, KBB, etc. say. If there is another used car dealer locally that offers to buy your car without purchasing, you could check with them. I have personally done the Carmax thing on a prior vehicle. I just told the dealer the price I wanted for the trade in and why, they asked to see the Carmax "offer" and they matched it No questions asked. Good luck.
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Replying to: catam (Oct 22, 2009 5:18 pm) I wasn't aware that the LTs came with an alarm. I guess I somehow missed that fact when I was going over the options. But that is good news, as that is one less expense my parents have to worry about. Also, thanks for the Carmax advice. I plan to use that as our bottom line for the trade. I'm gonna try to negotiate down from the highest estimate (NADA at this point). But it's good to know that dealers seem willing to at least match the Carmax offer. |
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Replying to: ejones (Oct 22, 2009 12:16 pm) Pricing out that truck here on edmunds shows an invoice of $32110. Are they including the "advertising fees" in their invoice? That's probably how you got under their invoice. As far as the extended warranty, remember the current GMs give a longer warranty on powertrain than the 04.
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Replying to: asylum575 (Oct 23, 2009 6:03 pm) Thanks for the tip though. We are going to finalize everything on Sunday. I'll be sure to check the itemized list for "advertising fees" and object to paying them if they are on there. As for the extended warranty, it is something my parents want. They are in their 70s and think the extra cost is worth it. I've tried to talk them out of it, but I think they value the peace of mind it provides. Ultimately, it is their decision because they are the ones who will own the vehicle. Since the decision has already been made, my role is simply to get them the best warranty I can for the best price. |
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Okay I did the TMV for a 09 SLT with ext: carbon metalic + $79, Z71 +$228 Total $39,583 - 4,000 Rebate = $35,583. I sent this to dealers and one came back with $40,838, one with $41,375 otd, the others just want to call & get info. I live in South Ga. Driving chevy for 19years. These guys aren't close to TMV for my region and surely not $10k less otd after taxes like I read on other post. Question, aren't they suppose to add taxes after deducting rebates & incentives?? My quotes have rebates deducted after taxes figured on MSRP. That adds approx $500 more to their profit/ my cost. One more, I'm suppose to get gm supplier discount through my company. I haven't seen any mention of this in my quotes after requesting.
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Replying to: slt09 (Oct 24, 2009 7:06 am) You pay taxes before rebates and incentives. The only thing you don't pay tax on is the value of trade in, if you have one. If you don't have a trade, you pay tax on the selling price. |
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Replying to: ejones (Oct 22, 2009 12:16 pm) I ended up making the following deal at Crest Chevrolet in San Bernardino, California - 2009 Silverado LT (2wd Crew Cab) Color - Victory Red Options - Interior Plus, Exterior Plus, Power Pack Plus MSRP - $34,870 Invoice - $32,882.03 (slightly differs from Edmunds but I saw an itemized list and it looked completely legit; no advertising fees or anything like that) Price before rebates - $32,482.03 Price after Tax/License/Registration/etc. - $36037.77 Rebates - $6500 Out the door - 29,537.77 My parents wanted an extended warranty (this truck is theirs), so I ended up negotiating for 84mo/84k Major Guard with a $100 deductible for $1180. They also had a trade in Credit of $5987.28. So the final price for everything was $24,730.49. Financed through Pentagon Federal Credit Union for 60 mo. at 3.99%. Overall, I'm pretty happy with the deal I made for them. I probably could have gotten a little more for the trade, but the dealer did beat Carmax's offer by $2200. Anyway, I hope this info helps someone. |
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