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Pontiac G8 Prices Paid and Buying Experience

138 messages,  Last post on Sep 09, 2009 at 8:42 AM

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What is this discussion about? Pontiac G8, Car Buying, Car Leasing, Sedan


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#17 of 138
G8 V8s w/Less Than 15k Miles For 18.5k to 21K by ksmigel
Dec 13, 2008 (4:10 pm)
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They are all over the place.
 
If GM gets rid of Pontiac, expect them to go much lower.
#18 of 138
Re: G8 V8s w/Less Than 15k Miles For 18.5k to 21K [ksmigel] by paisan
Dec 17, 2008 (7:05 am)
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Replying to: ksmigel (Dec 13, 2008 4:10 pm)

Just walked out of 2 dealers. Here in the NY area they are not dropping below the red-tag price of $30k on a loaded G8GT. Just too much for the car IMO.
 
Dealers are gonna be stuck with these cars or just wait for the suckers.
 
-mike
#19 of 138
Re: G8 V8s w/Less Than 15k Miles For 18.5k to 21K [paisan] by bvdj84
Dec 17, 2008 (7:25 am)
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Replying to: paisan (Dec 17, 2008 7:05 am)

You would be better off buying a used G8 on Ebay or elsewhere. Because they are substantially less, thousands less than MSRP. They have a few miles on them, but can be loaded with what you want. Paying new for a G8 or a GM car now would be not advised. The issue is, that your car's true value will be substantially lower than the price of the car. Much lower, so you are so upside down before you even drive off the lot. It is assumed that is the case for all cars, in there depreciation, but with current conditions of GM and the economy, this car, being the G8 is in a bad position right now. Being new would be a very bad use of your money. You would not be able to sell the car and get out from owing money still. Its too bad.
 
Another issue, The Red Tag Event- Is they take the savings off the MSRP, when they need to take the savings off the sale price that is achieved, because most cars are not sold for MSRP. So if you consider all of this, there is no substantial amount of savings being adjusted for the deal. The savings is minimal.
For instance, a car that is $28k, then has a sale price of $26, then the savings should be taken off the sale price. Because otherwise they aren't doing anything out of the ordinary. No one buys MSRP, if they do, then its a rare or very new car. Even then, market and conditions determine if this can be done. Right now, NO.
 
Just think a used G8 with a few miles, already broken in, the first owner took the first hit in depreciation, sounds like a good deal, I do see the market getting better, and with that, comes with values getting stronger.
#20 of 138
New G8GT for $26.5 by pod
Dec 17, 2008 (11:54 am)
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A pontiac ad (national ad not local) in the Boston Herald offers $2500 off after the red tag price for a final price of $26,588. This is for the GT not the 6 cylinder G8,
#21 of 138
Traded my BMW for a new G8 GT by pafromfl
Dec 24, 2008 (10:11 pm)
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My 2005 BMW 330i warranty was going to expire at the end of January, so last Saturday I asked two local Pontiac dealers and one Infiniti dealer for their best out-the-door price with trade. The final offers were
$16,222.30 for a 2008 white sport premium G35 with a $37,475 MSRP
$13,289.38 for a 2009 white sport premium G8 GT with a $33,210 MSRP, and
$11,500 for a 2009 metallic red sport premium G8 GT with a $33210 MSRP.
The G35 had more luxury features, but the G8 GT was roomier without sacrificing handling, and a 6.0 L V8 is just more entertaining than a 3.5 L V6. I preferred white, but not enough to pay the extra $1789. The salesman was not pushy and seemed to be a straight shooter. He said that I could not have gotten as good of a cash deal because they gave me way more for the BMW (sport, premium, xenon, automatic) than usual, to reduce their inventory. Rather than wholesale out the BMW, they plan to sell it on their lot. The BMW had 18,800 miles on the odometer, no dings or scratches, and retained a little new car smell because it was seldom parked outdoors. The red G8 GT had 41 miles on the odometer. The future of GM, Pontiac, and muscle cars is in doubt, but I like the G8 GT so much that I’ll happily take my chances. It’s not quite as agile or polished as the 330i, but for some reason I enjoy it more. I’ll be even happier after installing a cat-back performance exhaust system and a spare tire with a jack.
#22 of 138
G8 Extended Warranty??? by harddrivet
Jan 05, 2009 (8:38 am)
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Hi G8'ers
 
Just wondering if anyone recommends opting for the extended warranty on the G8 as its $1000 extra and covers bumper to bumper 5 years to 100,000
 
Thoughts????
#23 of 138
Re: G8 Extended Warranty??? [harddrivet] by bvdj84
Jan 05, 2009 (8:46 am)
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Replying to: harddrivet (Jan 05, 2009 8:38 am)

You going to keep the car that long?
#24 of 138
Re: G8 Extended Warranty??? [bvdj84] by harddrivet
Jan 05, 2009 (9:33 am)
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Replying to: bvdj84 (Jan 05, 2009 8:46 am)

Thats a good question, however I honestly would not be able to answer that question. 5 years??
 
I would hope I would keep it 5 years, but would need to drive it for a few months to answer that.
#25 of 138
Re: G8 Extended Warranty??? [harddrivet] by pafromfl
Jan 05, 2009 (11:53 am)
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Replying to: harddrivet (Jan 05, 2009 8:38 am)

A factory warranty is worthwhile if they offer it and you expect the factory to be in business that many years. Unfortunately, I suspect you will be offered a third party warranty, and those have a history of carefully crafted exclusions and outright fraud. Buyer beware. I'd spend a lot of time Googling before I'd sign.
#26 of 138
Re: G8 Extended Warranty??? [pafromfl] by harddrivet
Jan 05, 2009 (12:15 pm)
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Replying to: pafromfl (Jan 05, 2009 11:53 am)

I have no doubt that GM and Pontiac will continue to be in business for at least a few more decades.
 
However I am not sure if I will keep the car long enough, I tend to get the itch for new cars every 4 years.

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