Last post on Mar 09, 2012 at 4:45 PM
You are in the Chevrolet Equinox
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Chevrolet Equinox, SUV
#421 of 490 Re: Pricing Clarification [colt_hero]
Aug 15, 2010 (5:32 pm)
Well, my dealer was exceptional on the sales side regarding price for that point in time. You can't combine the supplier discount and conquest cash at the manufacturer level together. But since my vehicle was older than ten years old, it didn't "officially" qualify anyway. But the dealer took the hit on their side and gave it to me. Like I said, they care about volume not profit regarding new vehicles.
When we bought our vehicle last year we sought to buy the best vehicle for the money (in our price range), period. At the time, nothing came close to the Nox. The Rogue was nice, but was small, has big blind spots, isn't a great value even after the considerable markdown off MSRP, and the gas mileage isn't that good. All the others are horrible (Rav4, old Tuscon/Sorento, Escape, CRV, etc.). We drove them all and then some. The new Hyundai Tuscon and Kia Sorento are the only one's I'd look at besides the Nox. I don't know about the Tuscon, but the consumer reviews for the Sorento are not good for build quality.
I wouldn't just assume imports are currently better for quality. Ten years ago, no question. Today, not so much. IMO many imports have gone backwards (Toyota especially) or stayed the same in quality (Honda), while domestics are much better than they've been. For the most part, any new vehicle now days that isn't a lemon will last 200k miles at a minimum if maintained properly.
Even if you have to drive a couple hundred miles for a dealer that will at minimum honor the supplier discount (if you don't currently qualify just join a credit union and you're good), it is worth it to get a vehicle you want vs. paying the same for an inferior vehicle (such as the Rav4 or CRV). If you deal with the internet departments via email you're also usually better off than just talking with whatever salesman approaches you on the lot. The internet guys often don't work on commission.
#422 of 490 Re: Pricing Clarification [wallyuwl]
Aug 15, 2010 (5:55 pm)
My experience is virtually identical to wallyuwl's. Same vehicle, minus the sunroof, bought at the same time and got the same discount from the same type of "great" dealership. I was able to take advantage of C4C $4500 and had about $2600 GM Cash, so there was no other choice for me (had to use the GM money), but I have no complaints after a year of ownership - still loving it. I noticed that the MSRP has gone up $920 from a year ago, comparing GM's site to my invoice, so that might be making a difference when comparing last years prices to todays.
#423 of 490 Can't Pay Full MSRP on a 2010 Equinox !!
Aug 15, 2010 (8:05 pm)
Wasn't Kia offering big rebates on the Sorrento recently? I thought I saw something ridiculous like $7,000! Maybe it was a tiered rebate where the $7k only applied to the fully loaded model?
I haven't looked at the Tucson, but a co-worker recently bought the new Genesis and he loves it! He had two Avalons before that and liked them a lot, too - but the timing of the new Avalon was late for him so he went with the Genesis. When I was dating my wife back in '92 she was driving an '89 Sonata bought brand new for $10,000. Even back then, that car drove well enough, had plenty of room inside, but it DID lack refinement. I remember popping the hood one time to change the oil and having the hood release come right off the dash (it was anchored to plastic only, no metal, IIRC).
I just don't think I can bring myself to pay full MSRP for ANY GM product! One thing I was thinking of doing was shopping the Traverse at the same time. They WERE offering $2000 rebates on the Traverse, plus the dealers are willing to add in their own discounts on top of that. If the Traverse were to get within, say, $2000 - $3000 of the Equinox, I would go with the Traverse (which is a much more roomier vehicle with the same "direct injection" engine technology). Granted, the gas would probably cost about 25% more, but you're getting a V6 versus the 4-cylinder. And if it turns out the 4-cylinder Equinox needs the more expensive gas or really doesn't live up to its MPG hype, then it might almost be a wash.
$920 price increase? I hadn't noticed that. I think I DID notice a 2010 price increase of around $200 (maybe less) on the MSRP during the model year, but not $920. Maybe you're talking about the new 2011's that are now starting to show up on dealer lots?
#424 of 490 Re: Can't Pay Full MSRP on a 2010 Equinox !! [colt_hero]
Aug 16, 2010 (9:35 am)
Yea you're right, I didn't consider the destination charge.
#425 of 490 Re: Can't Pay Full MSRP on a 2010 Equinox !! [colt_hero]
Aug 16, 2010 (11:02 am)
Yeah, if you can get a Traverse for $3000 or so more than a Nox, and you need the extra room, do it. The Traverses were hard to get discounts on right when they came out, too. I'm surprised the lack of discounts on the Nox through GM and with most dealers has lasted a full year.
I'm in Lexington, KY and the dealer is Rod Hatfield if you're within even a ten hour drive. They really are great on price on new vehicles, and it sounds like you aren't getting any movement from dealers along the east coast (not sure where on the east coast you are).
I think it was the Borrego that Kia was giving huge discounts on recently. I know they had $4000 cash back on the old model 2009 Sorentos last summer, trying to make way for the new 2011 model (they skipped 2010).
#426 of 490 Equinox High Prices/Low Inventories
Aug 16, 2010 (7:46 pm)
I haven't looked at the pricing on the 2011's at all, but I wouldn't be surprised if they decided to just jack the prices through the roof instead of offering discounts on the leftover 2010's. They've got to do one or the other, otherwise nobody will buy the leftover 2010. But like I said - 100+ dealers searched and only about 80 LT1's on dealer lots right now. That's LOW supply, so there probably won't be many (if any) leftover 2010's come next year.
I'm in the Carolinas, but I've got immediate and extended family from New England to Florida so I could justify a road trip almost anywhere to pick up a vehicle. I've never been to Kentucky and that state is not in my search "window", but I could add it in to see if the Hatfields could make a deal with the McCoys (LOL)!
I'm probably not buying until year's end or even into the first quarter of next year. But I'm going to have to keep an eye on the inventories because with such low supply, I might have to pull the trigger sooner than I normally do...
#427 of 490 Re: Equinox High Prices/Low Inventories [colt_hero]
Aug 20, 2010 (8:25 pm)
I just came from the local dealer here in PA. Considering the Equinox and Santa Fe. As for prices, the 2011 1LT was actually $20 cheaper than the 2010, equipped the same way. Their off was $24600 for the 2011 1LT with the Driver convenience package. Sticker is $25,500. Not much of a discount. I believe invoice is $23,450. They did give a very good value on my trade, some $700 better thasn anyone else has offered.
I drove the Equinox and Santa Fe with in an hour of each other. From fit, finish, seat comfort, noise,......the Equinox wins hands down. The Santa Fe did have a slight edge in acceleration, but we aren't buying this to tow, we are buying it for family driving comfort.
Goinfg to try the dealer one town down, let him know I have a decent offer in hand, then see how sharp his pencil gets. It should be interesting.
#428 of 490 Re: Equinox High Prices/Low Inventories [colt_hero]
Aug 20, 2010 (9:49 pm)
Supply should only go up as time goes on. So your chances for discounts will not get any worse, and MIGHT get better. Wait until you are serious about buying to contact any dealers (especially if going outside of your local area), and do it through their online sales dept. In general, the experience at my dealer was great on the sales side. Two things I wasn't happy about: The $400 contract fee (or whatever they call it - it was typed on the contract and non-negotiable, the financing lady said she even had to pay it with her new vehicle. I was surprised it was over $200). And they did window etching for a cost of $211 without even telling us. I guess that isn't a bad thing, because it helps if it gets stolen. But I wasn't happy we weren't given the option and they just did it. So they get some of their money back from their lowering the price. But we were still WAY better off than we'd have been at any other dealer we tried (and I contacted about 10 and "dealed" with 4).
#429 of 490 Re: Equinox High Prices/Low Inventories [zdad]
Aug 20, 2010 (9:54 pm)
Do you qualify for the supplier discount (credit union member, or student)? That'd give you a better deal than what the dealer is offering. It is up to dealers whether or not they will honor the supplier discount (sometimes they do and sometimes they don't with popular models - they don't make as much profit with supplier pricing as selling for full or close to full MSRP), and it can't be used (I don't think) with GM card credits or anything like that. The supplier price will be the same at all dealers for the same vehicle. The difference will come in regarding things like title insurance, contract fees, add-ons ("paint protection", pin stripping, etc.), etc. So even if you do qualify for the supplier discount, you should still check multiple dealers so you can find the lowest "out the door" price (minus TTL).
#430 of 490 Re: Equinox High Prices/Low Inventories [wallyuwl]
Aug 21, 2010 (7:59 am)
Yes, I do get the Suplpier discount. $24,632 is the Supplier price. I have the invoice paperwork with me. I am heading to the next dealer down the road, and I am not planning on mentioning that I can get the Supplier Price, and see what kind of deal I can get. He'll know I have a firm offer in hand. We'll see how bad he wants the deal.
I am pleased with the trade-in amount I got from dealer #1. The Hyundai dealer offered $1,000 less.
I post later today on my results.