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Last post on Aug 18, 2011 at 7:19 AM
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Chevrolet Silverado & GMC Sierra Forum.
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GMC Sierra 1500, GMC, Truck
#32 of 46 true invoice cost
by fueledup
Sep 16, 2007 (9:34 am)
i was at achevy dealership earlier today and truck had an msrp of $44,084.00, a (DIP) price $40,663.55, and a (GMS) price $38,479.00. The salesman was doing a locate, and handed me this paper by mistake. What are the (dip) and (gms) prices? Should I expect to be able to purchase the vehicle at the (gms) price minus any rebates (currently $3,500.00) or what should I expect to pay. Any expert knowledge of this would be appreciated.
#33 of 46 Re: true invoice cost [fueledup]
by kyfdx@Edmunds HOST
Sep 16, 2007 (9:35 am)
I'm not sure what DIP is, but GMS is the GM employee price..
#34 of 46 true invoice cost
by fueledup
Sep 16, 2007 (9:39 am)
so if i'm not an employee no gms price, i guess dip might be dealer invoice price.
#35 of 46 Re: true invoice cost [fueledup]
by fueledup
Sep 16, 2007 (9:45 am)
thanks for the info on gms.
#36 of 46 Hard Days Work Tour
by bobw1
Sep 18, 2007 (12:38 pm)
Is anyone familiar with the Hard Days Work Tour where GM supposedly has $250 off coupons. Is it coming to Florida?
#37 of 46 What price can I expect? Help Me PLZ
by bucktim1
Oct 18, 2007 (1:36 pm)
Looking at buying a GMC Sierra 1500 with 5.3L V8 4WD Crew Cab (1st truck) looking at one of the better option packages, probally a SLT version with basic towing package and offroad package. MSRP w/options ~36k-38k. I have a trade in(05 neon srt4) but kbb says 13.5k for it and thats what I still owe. Would have to do 72month finance. I also have the abilty to use GMC supplier discount. But should I try to get below that discount and only mention the discount if I cant get a better price? They also have #3500 off right now. The stock on 07's seems to be small and very few of the color I want(deep blue), They have lots of silver. Another big question is what is the difference between classic and non-classic how do I tell which is which, half the time I dont know what I am looking at?
Lots of q's any help would be great.
#38 of 46 Re: What price can I expect? Help Me PLZ [bucktim1]
by jfritsch
Oct 18, 2007 (1:59 pm)
Check out the chevy silverado prices paid message board. They're basically the same thing.
--jjf
Looking at buying a GMC Sierra 1500 with 5.3L V8 4WD Crew Cab (1st truck) looking at one of the better option packages, probally a SLT version with basic towing package and offroad package. MSRP w/options ~36k-38k. I have a trade in(05 neon srt4) but kbb says 13.5k for it and thats what I still owe. Would have to do 72month finance. I also have the abilty to use GMC supplier discount. But should I try to get below that discount and only mention the discount if I cant get a better price? They also have #3500 off right now. The stock on 07's seems to be small and very few of the color I want(deep blue), They have lots of silver. Another big question is what is the difference between classic and non-classic how do I tell which is which, half the time I dont know what I am looking at?
Lots of q's any help would be great.
#39 of 46 Re: What price can I expect? Help Me PLZ [bucktim1]
by asylum575
Oct 21, 2007 (7:52 am)
The silverado classic is the old body style, not meny left. 2007 was the introduction of the new silverado, they also put out the classic to clear inventory. The rebates are bigger on the classics
#40 of 46 2008 GMC Sierra 1500 WT
by mknight
Mar 21, 2008 (9:12 am)
Dec 31, 2007 I bought a 2008 GMC Sierra 1500 WT Reg cab, 8' bed 4.3 V6 4x4, no options except for $0 cloth seats, for $15,990. I didn't want to buy new and was shopping used plow trucks, but almost everything on the dealer lots was in $22k to $24k range for 2002-2004 model year trucks. I'd found a 2002 Dodge 2500 for $15,900 but it had no powertrain warrantee and my son-in-law has almost the same truck and is on his 3rd transmission. KBB was listing a price for the Dodge that was grand or so less, and when they wouldn't move down on the price of the Dodge I balked and went to the GMC dealer as I'd seen this price advertised.
I think the 4.3L V6 is plenty big for me. I just plow my own driveway and make a couple runs to the landfill and Home Depot once a month. I don't own a trailer.
The dealer installed a new Fisher MinuteMount2 plow for me, 7.5ft RD for around $4100, which is probably where they made any profit on the deal.
There was a $2000 rebate that month, but even allowing for that it was below dealer invoice according to Edmunds. Edmunds shows $21,965 MSRP including destination, and $20,808 dealer invoice, minus the $2000 rebate gives a 'real' dealer invoice of $18,808, so I figure my $15.990 price was a very good deal. My son-in-law says I stole this truck!
I'm still amazed at what's standard on this WT. ABS brakes, tire pressure monitoring, OnStar, XM radio with CD/MP3 and iPod jack. Low washer fluid warning light. Automatic headlights. No AC and crank window though. No power windows. I had to explain to the OnStar rep that the emergency lockout (door unlock) wouldn't work without having power door locks. No AC isn't too much of a problem most of the year here in Maine. I got the truck in Silver Birch so the light color should cut down on summer heat.
I've been very happy with my deal. Just getting up to 700 miles on the ODO after almost 3 months. 3 month XM radio runs out in a few days; I can't justfy it on a vehicle I plan to drive so little. Average fuel mileage so far is 10.5 to 11 mpg, but most has been snow plowing and travel with the plow on during storms.
I know I probably got the advertised special they use to get the customer to come in and be up-sold. They did say they had 3 other trucks on the lot that the deal was good on (WT V6 Reg cab 4x4) so I could have had a few other colors but went with the light colored truck because no AC.
#41 of 46 Re: 2008 GMC Sierra 1500 WT [mknight]
by asylum575
Mar 21, 2008 (5:52 pm)
Sounds like you got an excellent deal. I've been on the hunt for a leftover 07 or 08 Silverado/Sierra, ext cab 4x4 with the 5.3 Flex fuel engine. Found a few leftover 07 recently and dealer quotes were $500-1000 above invoice. Haven't really followed up since the rebates are still $2000 for 08s and $3000 for 07s. GM card rebate is still $1500. I guess GM anticipates a shortage soon due to the American axle strike. I have an 06 Crew 2WD and made it through another winter with no real problems. SInce the warm weather is coming, I can leisurely shop. Not quite sure, how the dealer priced yours out. You definitely got a very good deal. Enjoy.