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192 messages,  Last post on Aug 30, 2008 at 10:03 AM

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What is this discussion about? Car Leasing, Car Financing


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#175 of 192
Re: Edmunds.com True Market Value® Deals of the Month [kyfdx] by sstriker
Feb 18, 2008 (8:54 pm)
Reply

Replying to: kyfdx (Aug 18, 2007 6:20 am)

Hello all.First a thanx to all for all of the helpful info I have gotten here..i have been lurking for to long.
 
I signed a lease deal tonight on an 08 Honda Odysey base model for 36 months 12k a year $258 a month sign & drive (Tax, Title ,Tags $1,000 and change extra)
 
I asked sales rep about what rebates i am eligble for and his jaw hit the floor....the slaesman at the adjacent desk couldnt help look in our direction over his shoulder to size me up....
 
Make a long story short he says the Rebate/Dealer cash is already built into the lease because it was a loss lead in deal...the money factor results in a 3% rate and it looks like its a decent deal..
 
I am just looking for some feedback on what you guys here may think of this deal....I really wanted that rebate but they were not giving it up.
 
$1,500 exterior damage waiver to with no junk fees other than Bank fee ($600.00) bult in to the numbers.
 
Thanks in advance for feedback...
#176 of 192
Re: Edmunds.com True Market Value® Deals of the Month [sstriker] by cccompson
Feb 19, 2008 (4:08 am)
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Replying to: sstriker (Feb 18, 2008 8:54 pm)

There is no rebate as such but rather $1000 marketing incentive to dealers on Odyssey leases. You did fine - your numbers are somewhat better than a national lease offer on this model that Honda has been running.
#177 of 192
Re: Edmunds.com True Market Value® Deals of the Month [cccompson] by sstriker
Feb 19, 2008 (3:30 pm)
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Replying to: cccompson (Feb 19, 2008 4:08 am)

Thanks for the reply cccompson....I figured I did good on this deal...of all the ads and research I have been doing this one popped out at me immediately...they tried the upsell but I just did not feel the options offered were worth what they wanted.
 
Thanks to edmunds & forums like this I know a good deal when I se one and have a much better negotiating edge.
 
The only mistake I made was not comparing invoice to msrp to see what they were basing their numbers on...msrp was
$24,409 but not bad.
 
Just wish they had my color...I may try to match the deal to find my color...I hate to do that but I dont want to look at a color in my driveway I am not crazy about.
 
Thanks agin all!
#178 of 192
GM Employee Pricing by kyfdx HOST
Aug 21, 2008 (8:33 am)
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Now that you can buy any GM for the employee price minus the rebate, what is the best deal out there?
 
One example: Saab 9-7X (TrailBlazer clone).
 Base model MSRP approx. $42K.
 Employee price minus rebate = just under $30K. (don't ask about the gas mileage.. )
 
Got any others?
#179 of 192
Re: GM Employee Pricing [kyfdx] by qbrozen
Aug 21, 2008 (9:01 am)
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Replying to: kyfdx (Aug 21, 2008 8:33 am)

Not sure GM has anything I'd want.
 
Maybe the Cobalt SS ... but does that even qualify?
 
Welll... OK, a Z06 appeals, but out of my pricerange and usability scale.
 
I'm hearing of deep discounts on the EX35.
Do you NEED something large?
#180 of 192
Re: GM Employee Pricing [qbrozen] by kyfdx HOST
Aug 21, 2008 (10:26 am)
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Replying to: qbrozen (Aug 21, 2008 9:01 am)

Oh... I wasn't really posting here to find something for me... Just wondering if anyone had spotted any real anomalies in the GM program..
 
The wife saw the EX35 when we were in Sarasota on vacation... "But, that isn't an SUV, it's a wagon".
 
Wagons and minivans are out... don't try to make sense of it..
#181 of 192
GM or ??? by imariquinn
Aug 21, 2008 (11:53 am)
Reply

Replying to: kyfdx (Aug 21, 2008 10:26 am)

I thought that GM would be making some deals on the SUV's sitting on their lots, but I did not have much success...
 
Last Friday, I contact a Chevy dealer near me with 23 - 2008 Chevy Equinox SUV's on the lot. I was not picky with colors and was even looking at the base model with little to no upgrades. He gave me $1000 off MSRP of $23395 to $22393 as a SPECIAL INTERNET PRICE, then took off the $2500 rebate off for a total of $3500 off. I wrote back and he gave me a sob story of that is $42 above invoice, boo hoo.
 
I told him I wanted $18000 out the door, not picky in color and that I would buy today. He wrote back that if GM has an additional $3144 rebate coming out, he would call me...
 
Instead I went to the Nissan dealer down the street and purchased an 08 Quest S with drivers pkg & seat pkg (not just a base model). They only had 3 on the lot - with an MSRP of $28600 for $17100 (with a $3500 rebate).
 
Now, that is a company willing to make some deals (Nissan) ... GM was NOT!
 
This is just my experience...
#182 of 192
Re: GM Employee Pricing [kyfdx] by guss
Aug 22, 2008 (3:30 am)
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Replying to: kyfdx (Aug 21, 2008 10:26 am)

I plan to take a look at the Malibu this weekend. They have not been discounted much, maybe about $500. With the employee pricing GM is taking $1700 off. Not alot but it is now more competitive.
 
I was also surprised the Aura Hybrid and Vue Hybrid were included. I thought they were selling well.
 
If you are looking for a Suv a Hummer H2 can be had for $12k off. Maybe double that and I could be interested.
#183 of 192
Re: GM Employee Pricing [kyfdx] by jchan2
Aug 22, 2008 (8:17 pm)
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Replying to: kyfdx (Aug 21, 2008 10:26 am)

I know Infiniti is doing some serious discounting on EX35s, G35s, and M35/45s, pretty much anything except for the G37. Especially if you qualify for loyalty rebates like I do, you could walk out in an M35 for as much as $3K below invoice.
 
Quite attractive, but.. I'm in no need for a new luxury car right now. I will admit, though, the EX35 is one beautiful car, but the fuel economy on all the Infinitis is atrocious, and they all require Premium.
 
Today in the paper I saw the following deal:
Buy a 2008 Nissan Quest, Titan, Frontier, Xterra, or Pathfinder, and get a 2009 Nissan Versa 1.8S for free. The tag line was "Drive the Versa when you need to, and the Titan/Quest/Frontier/Xterra/Pathfinder when you want to"
 
Not a bad deal, really, but I'm sure this is all bait and switch.
 
On the GM Employee Pricing, I'm liking the deals on the Saab 9-3, but I'm biased because I like the cars. Nothing else is particularly attractive, though, especially when Nissan's doing some serious dealing.
#184 of 192
Re: GM Employee Pricing [jchan2] by corvette
Aug 23, 2008 (8:27 am)
Reply

Replying to: jchan2 (Aug 22, 2008 8:17 pm)

It should be the other way around: Buy a Versa, and get a Titan for free.

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