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Discuss Questions about purchase of a new Chevy in the alt.autos.gm forum at Car Dealer Forums; My mother in law is interested in replacing her old car with a new 4 ...
  1. #1
    Steve Stone
    Guest

    Default Questions about purchase of a new Chevy

    My mother in law is interested in replacing her old car with a new 4 door
    sedan
    She spoke with me about it because I am the car nut and wrench turner in the
    family.

    I stopped by a local dealer Friday. They must be running out of 2006 models
    and just starting to get 2007 models on the lot.
    I got a quote on a 2006 sedan that is being used as a salesman's car with
    about 6,000 miles. I also got a quote on a 2007 version of the same car. I
    wasn't very impressed with the price quote on the 2006 , considering the
    amount of miles on the car. They padded the 2007 cars they had on the lot by
    adding a dealer installed phony wood trim package she really has no use for.

    I really hate playing the price game at the dealers. What is an honest and
    fair price to offer for a new car today.. Invoice plus what percent or MRSP
    minus what percent ? A dealer is entitled to make a profit and pay the bills
    but I don't want the little old lady to get reamed.

    Thanks




  2. #2
    diablo
    Guest

    Default Re: Questions about purchase of a new Chevy


    "Steve Stone" <zzspfleck@citlink.netzz> wrote in message
    news:72RDg.7717$Oh1.4092@news01.roc.ny...
    > My mother in law is interested in replacing her old car with a new 4 door
    > sedan
    > She spoke with me about it because I am the car nut and wrench turner in
    > the family.
    >
    > I stopped by a local dealer Friday. They must be running out of 2006
    > models and just starting to get 2007 models on the lot.
    > I got a quote on a 2006 sedan that is being used as a salesman's car with
    > about 6,000 miles. I also got a quote on a 2007 version of the same car. I
    > wasn't very impressed with the price quote on the 2006 , considering the
    > amount of miles on the car. They padded the 2007 cars they had on the lot
    > by adding a dealer installed phony wood trim package she really has no use
    > for.
    >
    > I really hate playing the price game at the dealers. What is an honest and
    > fair price to offer for a new car today.. Invoice plus what percent or
    > MRSP minus what percent ? A dealer is entitled to make a profit and pay
    > the bills but I don't want the little old lady to get reamed.
    >
    > Thanks
    >
    >
    >


    Well, It does vary by how bad the dealer wants to move a vehicle, how many
    they have of a model, how popular the model is etc. I just bought a 2006
    Chevy pickup, Z71. The sticker was $35,500.00 and I ended up negotiating the
    final sale price at $29,300.00 plus tax and title. I also got them to
    included a 6 year 100,000 mile extended warranty for that price, and it was
    when they had the 0% APR for 72 months going on last month.
    The amount that I bought it for was about 3% below invoice. I had to go to
    three dealers that day to get the price I wanted, what I've learned in the
    years that I've bought cars is that you have to be prepared to leave the
    dealer and don't get emotional about the vehicle.

    Brian



  3. #3
    Skylark
    Guest

    Default Re: Questions about purchase of a new Chevy

    Another thing to consider is whether the dealer makes his profit on
    volume of vehicle sales or if he has to make some certain profit on each
    vehicle. I bought my 2006 Silverado Z71 at a DFW Chevy dealer who sells
    300 to 400 vehicles per month. My Silverado listed at 30,643 and I
    bought it for 22,711.01 plus t&t. This includes all incentive from GM
    and the dealer discount.

    Good Luck,
    Karl

  4. #4
    grappletech
    Guest

    Default Re: Questions about purchase of a new Chevy

    "Steve Stone" <zzspfleck@citlink.netzz> wrote in
    news:72RDg.7717$Oh1.4092@news01.roc.ny:

    > My mother in law is interested in replacing her old car with a new 4
    > door sedan
    > She spoke with me about it because I am the car nut and wrench turner
    > in the family.
    >
    > I stopped by a local dealer Friday. They must be running out of 2006
    > models and just starting to get 2007 models on the lot.
    > I got a quote on a 2006 sedan that is being used as a salesman's car
    > with about 6,000 miles. I also got a quote on a 2007 version of the
    > same car. I wasn't very impressed with the price quote on the 2006 ,
    > considering the amount of miles on the car. They padded the 2007 cars
    > they had on the lot by adding a dealer installed phony wood trim
    > package she really has no use for.
    >
    > I really hate playing the price game at the dealers. What is an honest
    > and fair price to offer for a new car today.. Invoice plus what
    > percent or MRSP minus what percent ? A dealer is entitled to make a
    > profit and pay the bills but I don't want the little old lady to get
    > reamed.
    >
    > Thanks
    >
    >
    >
    >


    Even if you pay invoice, the dealership is still making a couple hundred
    (it's called dealer holdback), but good luck trying to find a car at
    invoice (perhaps on an '06 model that's in a not popular color). I
    think a fair price is invoice plus $500. True, the dealership makes
    most of its money on used car sales, warranty work, repair work, but
    still $500 over invoice seems fair to me. They have alot of expenses
    -- salesman's commissions, salaries, paying for the building, upkeep,
    workmen's compensation, utilities, taxes, etc.. Number one rule in car
    sales: don't be afraid to walk if the price isn't right or if they're
    jerking you around or being aggressive.

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