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Chevrolet Equinox, SUV
#453 of 491 2011 Equinox LT2 Bought
Nov 09, 2010 (2:40 pm)
I found this forum very helpful when I was looking up how much to pay for my Equinox so I figured I'd tell about my experience.
I think I did decent in my negotiating which took about 3 weeks, mostly over email. I wasn't able to get any of the free maintenance plans but I did negotiate in free window tint on the front windows which is minor in the grand scheme of things.
My Nox is a stock, Twilight Blue LT2. Didn't add any additional features though I probably should have pushed for the Cargo Management package cuz now I realize I want that and will have to buy aftermarket.
MSRP = 26715 (included destination fee)
Negotiated down to = 25577
Vehicle Inventory tax = 54.16
Documentary Fee (couldn't get out of) = 150
Title/Registration + misc road & inspection fees = 137.55
Sales tax (6.25%) = 1613.31
I did get talked into buying the Execu-Care extended warranty plan and this Zaktek package that is clear coat protection. The reason is, 1) never owned GM car and heard they have history of problems 2) plan on keeping this car for 5+ years.
I read on some forums that both of these were stupid decisions on my part BUT I was able to get the finance guy to drop the interest rate from 4.49 to 3.99 to help cover the costs.
Warranty (72 mos or 60,000 m) = 1175.00
Zaktek = 236.00
Total before down payment = 28943.01
Down Payment = 3500.00
Financed amount = 25443.02
Monthly payments = $469
#454 of 491 Re: V6 vs. 4-cylinder [pjscott]
Nov 10, 2010 (5:25 am)
I bought a LT2 about 3 weeks ago with the 4 cylinder and sunroof/power liftgate. It now has 2500 miles on it and is running great; average fuel economy in both eco mode and non eco mode is 23/25 mpg real world mixed driving on city streets and freeway traffic cycles.
Problems encountered so far are few; coming out of a crew cab pick up it was hard to get used to the smaller vehicle but it is very big internally and accomodates me well, also the 4 cylinder comes with electric steering and that has taken some getting used to as opposed to hydraulic assisted steering. Power is good and you do have to give it gas to merge but it is not what you might think. The engine is very responsive and I am looking forward to taking a long trip to really check out the fuel claims and eco mode.
Hope this helps you out.
#455 of 491 Re: Can't Pay Full MSRP on a 2010 Equinox !! [wallyuwl]
Nov 10, 2010 (7:08 pm)
what kind of deals are they offering on the 2011 equinox in lexington at therod hatfield dealership?
#457 of 491 2LT Final Price
Nov 11, 2010 (6:28 pm)
I like this new 2011 2LT Equinox with 4 cylinder, just wondering what is a good offer on this vehicle? Im thinking $27,500 with cargo management.
#458 of 491 Re: Can't Pay Full MSRP on a 2010 Equinox !! [alwaysadaylate]
Nov 22, 2010 (7:05 am)
Have you been into the dealer to see the current offers on the 2011 Equinox? If you would like I can assist you with pre-purchase questions and GM incentives; however, for what the dealer is specifically offering you will need to speak with the dealer.
GM Customer Service
#459 of 491 Need Help with Numbers
Nov 23, 2010 (10:54 am)
Looking at leasing a 2011 Equinox 2LT. One dealer said there were no rebates available, but the other said there was some sort of "past GM owner loyalty" type cash which was $1,000. Does anyone know if this is true or not? The same dealer who offered me the extra cash/rebate also gave me the vehicle at employee pricing since I'm a credit union member. The other didn't do either. I made clear to both that I was leasing, not buying, so there shouldn't have been any miscommunication. HELP!
#460 of 491 A Canadian Experience
Dec 05, 2010 (1:46 pm)
AS Canadians are too embarrassed to tell how much more we have to pay for new cars and there is not much
activity on the Terrain forum, I thought I would post here.
I ordered a 6 cylinder Terrain SLT-2. Mocha Steel and
Titanium interior in November. Remember in Canada
it is nearly impossible to get Invoice Prices without
paying $35 to a private company. Fortunately, I secured
a copy from a dealer who lost his GM franchise.
My trade in was a 2003 Saturn Vue with 90,000 klicks
(54,000miles). Black Book value, $4-6,000. Dealer
didn't want the car and offered $2500. I whined and got it
up to $3000. GM (bless their hearts) had given me a
Saturn loyalty coupon for $1500 if I traded the Vue in for a
new GM product so I guess I got the low end of Black Book.
The MSRP was 38,000$ Canadian (comparable US price
in New York State, about $31,900 US) This is why Canadians don't talk about how much they pay for cars.
Invoice was $34,824 vs $30,856 in US. Huge markup difference.
As I negotiated, I show the saleswomen the invoice price
she brought in the sales manager, he asked what I thought a fair profit on a $40k car, I said $1000 was plenty and he said sold. I asked about the holdback and
he said since GM reorganized, Canadian dealers no
longer get holdbacks. I couldn't refute this but I did
calculate that Canadian dealers got 9.1% markup over
invoice while US dealers even with a 3% holdback, only
got a 6.2% markup. So could be true.
So the deal was as follows:
Security registration $296
Tire Recycle Tax $29
Plate registration $20
Fed and Provincial Sales tax (13% Ouch!) $4244
Total Price $43,088
Dealer discount $2176
GM Holiday Bonus $1000
Saturn Loyalty Coupon $1500
Trade In $3000
GM Visa Points $1500
Total Deductions $9176
Payable to Dealer $33912
I couldn't shake the admin and security fees and got less
than I figured on the trade in . Since I never hear from other Canadians , I don't know how other deals stack up.
I'm sure you guys just shake your heads at our prices and taxes, but we do have universal health.
#461 of 491 Purchased 2011 Equinox-Question about Holiday Allowance
Dec 19, 2010 (8:24 am)
Have a sinking feeling that I may have gotten ripped off. I just purchased a 2011 Equinox LT1 with the Driver Convenience package for just under $25000. When I first got into the business manager's office I asked if there were any rebates or anything available on the Equinox. He said that they had some sort of program available for buyers with a credit score of 580 or below, and that with my obviously good credit, I wouldn't qualify. He also said that it's a shame that people with poor credit get the special deals sometime. I had seen commercials about the No payment till Spring, 0% APR, and $1500 Holiday Allowance, available to qualified buyers. But with what the manager told me, I took him at his word. I have tried to do some research about the $1500 Holiday Allowance because I am seeing it touted in all of the newspaper advertisements. The only thing that I can verify is that the auto loan financing MUST be done through ALLY (formerly GMAC) to get the $1500. I cannot find anything about it being only for buyers with a credit score of 580 or lower. I am wondering if the dealer has my $1500 Holday Allowance in his profit. I did end up financing the loan through ALLY at 3.49% for 60 months. Does anyone know anything about this 580 credit score requirement? Or about the Holiday Allowance?
#462 of 491 Re: Purchased 2011 Equinox-Question about Holiday Allowance [mcurley99]
Dec 19, 2010 (9:11 am)
Sounds like you got taken. If you credidt score is good (usually above 720), you should have gotten the 0% through Ally. Also, you should get the $1500, and that is on top of your negotiated price off sticker. So, say sticker is $26k. You negotiate down to $24800. The $1500 would come off that, so $23300, plus TTL.
If you live in a state with at three day return policy, I'd tell the dealer you will be doing that if they don't renegotiate your deal. You could also contact GM about the dealer and see if they'll make things right.