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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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#10 of 138 Re: G8 is a six cylinder? [pod] by bvdj84 Sep 29, 2008 (7:15 am)
Replying to: pod (Sep 12, 2008 2:43 pm) Values on the G8 are plummeting. Mostly sitting at my dealer. Replies to this message: elias (Sep 30, 2008 9:43 am) jossw (Oct 08, 2008 7:17 pm) bvdj84 (Oct 10, 2008 5:34 am) and 2 more...
#11 of 138 Re: G8 is a six cylinder? [bvdj84] by elias Sep 30, 2008 (9:43 am)
Replying to: bvdj84 (Sep 29, 2008 7:15 am) how do you know that, bvdj84. also, please provide numbers for the value before and after the plummet? is the plummet any more or less than any 2008 vehicle that has sat on the lot for a couple months? thanks... Replies to this message: jossw (Oct 08, 2008 7:17 pm) bvdj84 (Oct 10, 2008 5:34 am) holdenguy (Oct 12, 2008 6:05 am) and 1 more...
#12 of 138 2008 G8 GT Prices Dropping Fast!!! by jossw Oct 08, 2008 (7:17 pm)
Replying to: elias (Sep 30, 2008 9:43 am) Here in SoCal the 08 G8 GTs are piling up in the dealer's lots. Typical GM - right car at the wrong time. The new 0% APR offer is so much better than employee pricing offer (which had 5.9% APR). I just had a friend get an 08 G8 GT for $27,500 with 0% APR. Just wait until November. $25K??? Replies to this message: bvdj84 (Oct 10, 2008 5:34 am) holdenguy (Oct 12, 2008 6:05 am) bvdj84 (Nov 01, 2008 5:18 pm)
#13 of 138 Re: 2008 G8 GT Prices Dropping Fast!!! [jossw] by bvdj84 Oct 10, 2008 (5:34 am)
Replying to: jossw (Oct 08, 2008 7:17 pm) Exactly! You don't have to look hard to get a loaded G8 with a V8 for way under sticker. Look on Ebay, some G8's have been sitting, and the price continues to go down. I have seen $25k for a G8, with a few 1k miles on them. Or for about $28k give or take, you can get a V8. Though the G8 is a nice car, it still depreciates fast along with its name. Not to mention the bad timing. They have a couple rows of G8's here. Its disappointing you pay that much, and then you drive it off the lot, and its price already dropped substantially. But, it is partially the economy. They new Challenger is not moving to well either. Most people are not thinking V8 right now, or even a V6. Replies to this message: holdenguy (Oct 12, 2008 6:05 am) bvdj84 (Nov 01, 2008 5:18 pm)
#14 of 138 Re: 2008 G8 GT Prices Dropping Fast!!! [bvdj84] by holdenguy Oct 12, 2008 (6:05 am)
Replying to: bvdj84 (Oct 10, 2008 5:34 am) Check my post in the main G8 thread as to why prices are dropping. Replies to this message: bvdj84 (Nov 01, 2008 5:18 pm)
#15 of 138 Re: 2008 G8 GT Prices Dropping Fast!!! [holdenguy] by bvdj84 Nov 01, 2008 (5:18 pm)
Replying to: holdenguy (Oct 12, 2008 6:05 am) Look on ebay, You can get a loaded G8 for $24k!! Why buy new!?
#16 of 138 by toyoman8 Dec 04, 2008 (9:52 am)
can some one please tell me what would be a good price to buy a g8?   Under invoice? At invoice? Also what are the rebates I am not any kind of supplier.
#17 of 138 G8 V8s w/Less Than 15k Miles For 18.5k to 21K by ksmigel Dec 13, 2008 (4:10 pm)
They are all over the place.   If GM gets rid of Pontiac, expect them to go much lower. Replies to this message: paisan (Dec 17, 2008 7:05 am) bvdj84 (Dec 17, 2008 7:25 am)
#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)
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 Replies to this message: bvdj84 (Dec 17, 2008 7:25 am)
#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)
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.

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