Last post on Nov 28, 2012 at 7:48 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Chevrolet Traverse, Car Buying, Car Leasing, SUV
#24 of 89 Negotiating price on Traverse
Apr 29, 2009 (5:13 pm)
Although they say GM is in trouble and should be more than willing to negotiate on their vehicles, I am finding the negotiation process on a 2009 Chevy Traverse a hassle. I come to realize that trying to get the best price via the internet is not worth it as most dealers will not respond unless you come into the dealership. When I did visit one dealership, the negotiation process was too lengthy and a pain. Right now, here is what I found. If I purchase a Traverse with with all rebates and incentives, I can purchase for about $5300 less than MSRP. I can't seem to get a better deal. Has anyone been able to get a better deal? This is without using the GM card.
#25 of 89 Re: Negotiating price on Traverse [terdelyi]
Apr 30, 2009 (2:54 pm)
That's not too bad a price. I'd wait until June 1st after the pre-pack is announced to see what happens. The prices might drop for the 2009 MY.
#26 of 89 Dealing for the Traverse
May 07, 2009 (9:30 am)
$5K to $6k off msrp is about right--you can haggle a good deal, but they simply won't sell you a car for less than they got it for! A good deal will be between $500 and $800 over supplier pricing. If you are trading in, you have more room to work. Also, don't be afraid to ask for extras. We requested, and received two more new wireless headsets for the dvd system (these are pricey--showed us the invoice of $150 each!) and new rubber cargo mat for the rear. You can ask for other stuff such as rubber weathertech floor mats and other such things to seal the deal; they have control over this stuff, so don't be shy.
#27 of 89 Re: Negotiating price on Traverse [circlew]
May 11, 2009 (6:32 pm)
I haven't been able to follow the GM financial crisis so can I ask what IS that pre-pack plan you mentioned? I know it has something to do with filing for chapter 11... but what else
#28 of 89 Re: Negotiating price on Traverse [maseacre]
May 12, 2009 (3:53 am)
Here's a little info for you.
GM Chief Executive Rick Wagoner told Congress and the White House in November and December that a Chapter 11 reorganization would spark a plunge in revenue from which the company wouldn't recover.
But after months of research, including analysis done by top bankruptcy advisers, the company has come to believe it could emerge from what is known as a prepackaged bankruptcy, said the person familiar with the matter.
Under a prepackaged bankruptcy, the various constituents -- unions, suppliers, bondholders -- would agree in advance to concessions. Prepackaged bankruptcies typically take just a few months to accomplish.
With a prepackaged bankruptcy, said the person familiar with the matter, "We'd have 60 days of havoc and chaos, but the view is, if it was supported by the government and supported by the constituents, included the bondholders, the VEBA [retiree health-care trust] was negotiated, labor was in, that...we would be able to manage it."
A bankruptcy of any sort could be far more effective than the type of out-of-court restructuring GM is undergoing. For instance, the company's entire debt load could be reworked, rather than a majority of it as it currently is trying to do, and the auto maker could circumvent state franchise laws that have long protected its dealers from GM's restructuring knife.
Should have been done in December.
#29 of 89 Love my car
May 20, 2009 (4:48 pm)
HAD to trade...both our truck and van were on death's door. Sold van privately. Had hoped to wait a bit longer but our truck started to act VERY funny. We drove into the lot last night and my NEW Traverse is in my drive. Here is what they did for us. Listed our trade of an old beat up 02 Tahoe with the steering or tie rods or something about to render it useless at 6,500. Gave us a discount of 2250. Our MSRP was 37,215. This was an LT2 with DVD entertainment and the Moonroof in Black Granite. So with trade and discounts our Cash due was 28,951.88. Not our best car deal ever, but we don't have time or desire to dicker around with two young kids at home and busy lives. We used the tip here to get the loan from Pentagon Federal Credit Union and they were AWESOME...we turned in our application last night after midnight and I called them this AM and they finished my approval and faxed a letter to the Dealership to tell them we have the loan. They fed exed our payment to them for a bit extra but again...We like to get our deals done and move on. We got the 3.99 financing and also joined with the one time only membership. GREAT TIP thank you. (Chevy dealership was offering us 5.9.) We love our car... Happy to buy American and keep our business at our local dealership. Good luck to you looking.. Hope this information helps someone who is looking get what they want.
#30 of 89 Re: Love my car [liliz]
May 20, 2009 (7:45 pm)
Your welcome for the Penn-Fed tip. Congrats on your new car it sounds awsome. Please keep us informed as to your like/dislikes. Have a great weekend.
#31 of 89 Recent Purchasers?
Jun 01, 2009 (9:56 am)
Hello all….obviously the future of this question is up in the air, but can anyone share recent pricing experiences on purchases?
I know this starts a new month of incentives as well (if that even happens with the filing), but any new info is appreciated.
#32 of 89 Re: Recent Purchasers? [jarrade]
Jun 02, 2009 (10:00 am)
I just bought a 1LT with rear camera as the only stand alone option
paid 31700 before rebates.
Sidenote- I purchased from a friend who is one of the finance managers a local chevy dealer. There isnt a ton of markup in these vehicles.
Hope this helps.
#33 of 89 Re: Recent Purchasers? [jarrade]
Jun 03, 2009 (5:57 am)
Just bought FWD LS
Sale Price 25810
less rebates 3250
kbb for trade 07 grand prix 8000
gm card top off 2000
with tax, title and registration OTD at 14298