coolbreeze01

Redding, Ca

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Joined: 08/24/2006

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Did you get a quote from Dave Smith?
2008 Dodge 3500 CTD LB SRW 4X4 6-Speed Auto
Prodigy P3, Blue Ox Sway Pro, 225 75R 15E Maxxis
2007 Komfort 212
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Paul Clancy

BC Canada

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Joined: 09/16/2005

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I know when we were last truck shopping we ran into several dealers who were playing games with rebates and incentives - made us suspect they were pocketing some of it or not budging from msrp because of the incentives. Finally found a dealer who put it clearly on paper (not hidden in a deal sheet) msrp -minus what their dealer discount was, -minus gm rebate(s) and our trade value and then final price we pay. Perfect - bought the truck that day. I could not have been happier with that deal. MSRP may be artificial and inflated but it has the use of determining a starting point for what discounts are being offered between dealers and if they are using gm/ford/dodge incentives to inflate prices.
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larry barnhart

wenatchee. wa usa

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Joined: 03/30/2001

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Our local chev store at home has sent us 2 letters telling us we can get a new dually free by just coming in and making a deal. It went like this,,,, 'we can get you into a new 2011 (first letter) 2nd was into a new 2012 dually for less monthy payments than we are making on our 05 chev. If zero payments are what we pay this seemed to be a great deal for us.
chevman
chevman
2001 35 ft avalon alpenlite RK
2005 3500 2wd duramax CC dually
prodigy
easyrider/reese airhitch
trailair center point suspension
JT Strong Arm Stabilizers
KSH 55 inbed fuel tank
Garmin 2720
scanguage II
TD-EOC
Induction Overhaul Kit
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Mountain Mama

N. TX

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Joined: 03/28/2008

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larry barnhart wrote: Our local chev store at home has sent us 2 letters telling us we can get a new dually free by just coming in and making a deal. It went like this,,,, 'we can get you into a new 2011 (first letter) 2nd was into a new 2012 dually for less monthy payments than we are making on our 05 chev. If zero payments are what we pay this seemed to be a great deal for us.
chevman
Hey, if you'll pick me one up too I'll come and get it!
2003 Holiday Rambler Alumascape 34RLT
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Mountain Mama

N. TX

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Joined: 03/28/2008

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Delaine and Lindy wrote: I think maybe there is some confusion or maybe I'm wrong. The balance on the GM card is not what GM will give you credit for. We never roll a credit balance. We pay in full each month. To determine what you will receive off after the deal is made all you have to do is call GM and they will tell you as of that day you can receive off and there total is done at the end of the month. As I said the most we have ever been able to take off was $2,000 and we had $1,000 and GM matched that for a total of $2,000. GM has a limit they will let you take off and its based on a percentage of your total charges... Hope GM has changed the amount you can receive. Good Luck... Happy Trails...
Check your PM.
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maryvillept

Jackson, MO

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Joined: 06/24/2010

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lol. The GM card has nothing to do with what your balance is on the card. It's a reward like AMEX does flight miles. You get a percentage of your purchases back that you have made over the years. Nothing to do with your current balance at all other than accruing bonus points/cash.
2012 Chevy 3500hd crew cab short bed. 6.0 L, 4x4
16k Reese slider hitch
2007 Forest River Salem 38' toy hauler
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maryvillept

Jackson, MO

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Joined: 06/24/2010

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FWIW my truck was a 2012 Chevy SRW one ton, gasser with options. It was ~46,800. My out the door price was ~39100. I did get the retired employee pricing from my uncle though. They wouldn't budge a bit on that offer after I used employee price. I had 4 dealerships tell me it is what it is when I use that. Tried negotiating without it and would only come down to 42000. Can't combine any offers with employee pricing. Business owner can be combined with any others i believe. You just have to have a tax id number. It's for dealer installed accessories i believe. Pretty sweat deal if you can get it. about 1,000 in accessories.
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elkhornsun

Monterey

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Joined: 11/29/2011

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I bought a new fully loaded (every option except the leather seats and nav system) including heavy duty tow and haul package and rear camera, etc. and the diesel engine and paid under $42K. With the Business Choice deal I got a free bed liner, free tool box, and free chrome 6" oval side steps. Also got the dealer to switch out the stock mirrors and put on the camper mirrors.
I saved by not taking the zero interest loan which would have cost me $4000 on the price of the truck. I paid cash and did not have a trade-in to muddy the deal. I dealt from the beginning with the finance manager so there was no sales person's commission which also saved me a lot of money. Asking for the sales manager or the fleet manager is also effective as these people are on salary and do not get a commission.
Dealers get a kickback or rebate or whatever you want to call it based on the number of units they sell and this amount is not reflected in the factory invoice. The factory invoice is higher than what the dealer pays for the truck by thousands of dollars. And trucks are the highest profit item for the factory and the dealer, much better than they make off a luxury car or SUV, so they have more room to deal than with an economy car.
It also helps to go to the dealer on the last two days of the month as they pay the full month's finance charge to the company financing the dealer's inventory at the end of the month. They save if they sell the vehicle before the end of the month and then they also get money back based on the number of units they sold during the month so they have a lot more incentive to work a deal at that time. It helps level the playing field.
I bought a 3/4 ton as there are 10 times as many sitting on dealers lots as with 1 tons in California and so it was possible to find a great deal. If I told a dealer I was looking for a 1 ton they would know I could not drive to the next dealer and get a better deal as the other dealer would not have a 1 ton sitting on their lot. As it was I drove past 11 Chevy dealerships to get to the one where I got the great deal on the truck. I drove 125 miles but only spent one hour at the dealership signing the papers and writing them a check.
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JALLEN4

Florida

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Joined: 10/02/2003

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elkhornsun wrote: I bought a new fully loaded (every option except the leather seats and nav system) including heavy duty tow and haul package and rear camera, etc. and the diesel engine and paid under $42K. With the Business Choice deal I got a free bed liner, free tool box, and free chrome 6" oval side steps. Also got the dealer to switch out the stock mirrors and put on the camper mirrors.
I saved by not taking the zero interest loan which would have cost me $4000 on the price of the truck. I paid cash and did not have a trade-in to muddy the deal. I dealt from the beginning with the finance manager so there was no sales person's commission which also saved me a lot of money. Asking for the sales manager or the fleet manager is also effective as these people are on salary and do not get a commission.
Dealers get a kickback or rebate or whatever you want to call it based on the number of units they sell and this amount is not reflected in the factory invoice. The factory invoice is higher than what the dealer pays for the truck by thousands of dollars. And trucks are the highest profit item for the factory and the dealer, much better than they make off a luxury car or SUV, so they have more room to deal than with an economy car.
It also helps to go to the dealer on the last two days of the month as they pay the full month's finance charge to the company financing the dealer's inventory at the end of the month. They save if they sell the vehicle before the end of the month and then they also get money back based on the number of units they sold during the month so they have a lot more incentive to work a deal at that time. It helps level the playing field.
I bought a 3/4 ton as there are 10 times as many sitting on dealers lots as with 1 tons in California and so it was possible to find a great deal. If I told a dealer I was looking for a 1 ton they would know I could not drive to the next dealer and get a better deal as the other dealer would not have a 1 ton sitting on their lot. As it was I drove past 11 Chevy dealerships to get to the one where I got the great deal on the truck. I drove 125 miles but only spent one hour at the dealership signing the papers and writing them a check.
I don't know where you got your information but much of it is simply not true.
Sales Managers, Finance Managers, and Fleet Managers will all be commissioned. Their commission structure will be different than that of a salesman but still incentive driven. The normal salesman's commission typically is in the $100-$150 range to begin with so not a huge savings if it were true.
There is no "kickback" to dealers based on volume. There is a 3% hold-back that appears on the invoice. There are periodic sales contests from the manufacturer where they may get a bonus based on volume but these are varied in amounts, are not a constant, and usually competitive with other dealers or individual quotas. What they actually pay is the invoice before the vehicle is shipped...every time.
Floor plan interest is paid daily. Sell the unit two days before the end of the month and you save two days interest. Unless there is some sort of "contest" going on, they do not get a monthly bonus based on volume.
All of these are common myths often perpetuated by dealers to justify the "great deal" you are getting from the dealer. They make a great story, give impetus to buy now, and basically are not true.
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Charlie D.

Golden Triangle-E. Texas

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Joined: 09/12/2006

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JALLEN4, your post says the same thing that I have always found to be true. The exception MAY be that there is some type of financial incentive to sell as many as possible before a new month rolls around. I once purchased a new vehicle within the first few days of a new month and the dealer asked me if I would mind back dating the purchase agreement to help his previous month. Whether it was true or not, I don't know but I did agree.
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