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Old 07-09-2008, 10:25 AM   #1
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Some Dealer Info.....

I work for on of the top 10 Chev dealerships in the Nation, and will try to post any info that I receive from our end.

As a salesman, I am very excited about the new Camaro. As a previous owner of a 68 Camaro, I am EXTREMELY excited about the release.

We already have 75 deposits of $1000 for the right to order/buy a new camaro when they are released. They will be sold at sticker for V6 and V8 models and if there is a Z28, with limited production, it will probably sell for $5k over sticker. (We have already sold 15 ZR1's at $20k over sticker)

Here is an email that I received today, nothing earth shattering, but will pass it on anyway.........

If any of your prospects inquire about the Camaro here is the latest information I have from GM. Allocation quantities will be released in late September. The first Consensus is slated for December and the first Dealer Order Submission is currently scheduled for January of next year. This is a preliminary time line and could be subject to change.
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Old 07-09-2008, 10:37 AM   #2
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Where is Scott?? I doubt he will be pleased to hear about all the deposits being collected...
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Old 07-09-2008, 10:50 AM   #3
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Originally Posted by B2E2RUN View Post
Where is Scott?? I doubt he will be pleased to hear about all the deposits being collected...
Why wouldn't you want a list of customers with a deposit? If we waited until the truck shows up, it would be a madhouse. I would imagine for the 1st few months that we will not have any Camaro on our lot that are not sold.

I sold 7 Malibu's last month before they ever reached our dealership. I took deposits on all of them and the customer was guaranteed the right to purchase the vehicle after driving it.

All deposits are refundable. We have never taken money from a customer who didn't purchase a vehicle.
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Old 07-09-2008, 01:15 PM   #4
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Originally Posted by KarlChev View Post
Why wouldn't you want a list of customers with a deposit? If we waited until the truck shows up, it would be a madhouse. I would imagine for the 1st few months that we will not have any Camaro on our lot that are not sold.

I sold 7 Malibu's last month before they ever reached our dealership. I took deposits on all of them and the customer was guaranteed the right to purchase the vehicle after driving it.

All deposits are refundable. We have never taken money from a customer who didn't purchase a vehicle.
Its not that you took a deposit on a car not on your lot. Its that you took a deposit on a car that isnt even released yet. You could possibly run into customer service issues (Like many dodge dealerships did with the chally) where the final product did not meet the customers expectations/tastes and therefore they where out the interest etc on that deposit.

Its just a customer service type thing.

That said good luck with your sales.
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Old 07-09-2008, 01:38 PM   #5
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Thanks KarlChev, it's good to see dealerships that love the Camaro and know what the Camaro buyers want. So now being from IL, I have a go North or go West option.

Where are the IL dealers?!?!

I too wish you all the luck but I know you won't have any 5th Gens sitting in the lot for a long time.
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Old 07-09-2008, 02:01 PM   #6
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Welcome to the site and good luck as well! Now, if we could get you to only sell the top dog Camaros at MSRP like the V6's and SS's......like how I feel they should be sold. But, that WAS another thread and I won't go into it here.

Again, welcome and I think you are going to be selling, selling, selling!!!
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Old 07-09-2008, 03:00 PM   #7
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Originally Posted by TAG UR IT View Post
Welcome to the site and good luck as well! Now, if we could get you to only sell the top dog Camaros at MSRP like the V6's and SS's......like how I feel they should be sold. But, that WAS another thread and I won't go into it here.

Again, welcome and I think you are going to be selling, selling, selling!!!

Not sure what you mean. We are planning on selling all V6's and baseline V8's at MSRP with no "market adjustment" added in. If there is a limited production on Z28's, then we will more than likely ask for $5k over.

I sold a limited edition 427 Z06 for below sticker the other day, so it's not like we are trying to rip everyones heads off here.

I would imagine that after the release, we will take offers of around $500 over invoice on V6's and $1k on the V8's.
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Old 07-09-2008, 03:05 PM   #8
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I heard its going to be a satellite broadcast. Would someone be able to post the video of the Information ?
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Old 07-09-2008, 03:09 PM   #9
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Quote:
Originally Posted by KarlChev View Post
Not sure what you mean. We are planning on selling all V6's and baseline V8's at MSRP with no "market adjustment" added in. If there is a limited production on Z28's, then we will more than likely ask for $5k over.

I sold a limited edition 427 Z06 for below sticker the other day, so it's not like we are trying to rip everyones heads off here.
The problem people are having is the 5K+ mark up on a limited production car.

I for one am going to buy whatever the top dog is. If it is limited production and a dealer is asking a mark up I will gladly proceed to another dealer. . .I live with in 1-3 hrs of several cities that have several different dealerships. I'm sure one of them will gladly sell the new "limited" production camaro to me for MSRP. I know of one here in fayetteville that will deal with me.

but welcome to the site hope you sell tons of camaros
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We do not want to use the Z28 moniker on a car that does not deserve this hallowed name.
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Old 07-09-2008, 03:23 PM   #10
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Originally Posted by boxmonkeyracing View Post
The problem people are having is the 5K+ mark up on a limited production car.

I for one am going to buy whatever the top dog is. If it is limited production and a dealer is asking a mark up I will gladly proceed to another dealer. . .I live with in 1-3 hrs of several cities that have several different dealerships. I'm sure one of them will gladly sell the new "limited" production camaro to me for MSRP. I know of one here in fayetteville that will deal with me.

but welcome to the site hope you sell tons of camaros
Frickin' right. I'm not paying any markup. What a bunch of cr@p.
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Old 07-09-2008, 04:45 PM   #11
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Your dealership got 15 ZR1's?!? That's terribly unfair. I want to talk to a GM big wig and see where their logic is because my dealership is not getting ONE and we've been open since 1962! This is pi$$ing me off more and more everyday! On top of that, you're in Iowa, do you really even have a Corvette market out there? I'm in South Florida...shouldn't we get 1?
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Old 07-09-2008, 04:52 PM   #12
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Yeah. 15 ZR1 Allocations! Sorry bro, top 10 or not, where in the hell did you pick up all those allocations from?
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Old 07-09-2008, 05:16 PM   #13
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Quote:
Originally Posted by KarlChev View Post

I sold a limited edition 427 Z06 for below sticker the other day, so it's not like we are trying to rip everyones heads off here.
With Corvette Conti leading the Corvette market in the midwest, its no wonder you've had to sell those bad boy 427 Z06's for less than MSRP.

$8000 minimum off a regular Z06 MSRP is fairly common as a result. Vettes are givaway cars...with the ZR1 being a possible exception..

Last edited by CamaroScotty; 07-09-2008 at 05:34 PM.
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Old 07-09-2008, 09:50 PM   #14
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Originally Posted by joes3rdcamaro82/91/2010 View Post
Yeah. 15 ZR1 Allocations! Sorry bro, top 10 or not, where in the hell did you pick up all those allocations from?
No, we have had 15 people put deposits down to try to buy one. I believe we were alloted 7 or 8.
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Old 07-09-2008, 09:52 PM   #15
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Originally Posted by CamaroScotty View Post
With Corvette Conti leading the Corvette market in the midwest, its no wonder you've had to sell those bad boy 427 Z06's for less than MSRP.

$8000 minimum off a regular Z06 MSRP is fairly common as a result. Vettes are givaway cars...with the ZR1 being a possible exception..

$8k off on a Z06? Worst deal I have heard about here was $1500 over invoice. If you don't make a G on a Z06, you should not be selling.....
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Old 07-09-2008, 09:55 PM   #16
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So 7 or 8 people are going to be really disappointed.

Is the price predetermined, say MSRP, or do you have a magical number that will be added onto the MSRP, then go down the list to see if you have any takers?
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Old 07-09-2008, 10:06 PM   #17
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$8k off on a Z06? Worst deal I have heard about here was $1500 over invoice. If you don't make a G on a Z06, you should not be selling.....
My previous employer, #1 vette dealer in Wisconsin and #2 in the midwest, sells them on digitalcorvettes, and their own site. That's why they sell 3-400 vettes a year, at invoice, GMS or less.

The owner of the dealership is the only private owner of a actual used Indy pace car corvette used during the race. This is not a "replica" but a car he provided, and was converted, as a part of a chevy contest he won. His car also has options not included on the regular pace cars, making it more valuable. Here's a pic:



I may not work there, but I respect them as the nation's #1 vette dealer, in price and customer satisfaction.

I took that same principal to my friends dealership - and we are treating our future Camaro customers with the same respect. We promise to be fair, fun, and competitive!
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Old 07-09-2008, 10:14 PM   #18
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destination cost to a dealer around here (San Francisco Bay Area) would be what? (94010 zip code)
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Old 07-10-2008, 02:06 AM   #19
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Quote:
Originally Posted by KarlChev View Post
Not sure what you mean.
Quote:
Now, if we could get you to only sell the top dog Camaros at MSRP like the V6's and SS's......like how I feel they should be sold.
Sorry. I'll clarify. I hate dealers who mark up the price of the car to a "current market adjustment." I said this was for another thread and wasn't going to get into it here, but since you stated you were unclear, I'll quickly and politely as possible, explain. I feel those who adjust GM's MSRP to make an extra buck are price gouging. I know others said it was all fair and bla, bla, bla, but there are people out there who have JUST ENOUGH money to get that top of the line car, but the dealer goes and ups the price putting that hard working persons dollar out of reach of his/her dream car. Take the Ford GT500 for example......$20,000 over MSRP for a "current market adjustment." I call that . Because I know people wanted to get into one, but the dealer took that dream away from them by "adjusting" someone else's price. I said all of this in another thread and didn't want to get back into that discussion here. So, ...that's what it was about...what the quote was from above. It had nothing to do with you personally...just from a past thread.
Quote:
Originally Posted by KarlChev View Post
We are planning on selling all V6's and baseline V8's at MSRP with no "market adjustment" added in. If there is a limited production on Z28's, then we will more than likely ask for $5k over.
If the Camaro I want is at MSRP, then I'd consider your dealer. If it's 5K over, I won't bother.
Quote:
Originally Posted by KarlChev View Post
I sold a limited edition 427 Z06 for below sticker the other day,
and if I were the buyer, I'd be a repeat customer of your dealer! Just like my dealer where I've purchased 4 new vehicles.
Quote:
Originally Posted by KarlChev View Post
so it's not like we are trying to rip everyones heads off here.
Nope...just the ones who can barely afford it anyway....(not you...your dealer)
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Originally Posted by KarlChev View Post
I would imagine that after the release, we will take offers of around $500 over invoice on V6's and $1k on the V8's.
And you know my answer to this one. Anything OVER MSRP =
If you mean over "invoice," what the dealer pays for the vehicle, then cool deal!
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Old 07-10-2008, 02:36 AM   #20
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And you know my answer to this one. Anything OVER MSRP =
Invoice and MSRP are different btw. =)

Invoice is what the dealer pays for the car. MSRP is what they are encouraged to sell it at.
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Old 07-10-2008, 02:43 AM   #21
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Should be interesting to see what the real market for this car will hold. I don't think the economy will support gouging, and the dealers will need to stay at or sightly below MSRP to move them off the lots.

The gougers (not saying any of the dealers posting here are such) will soon see the light and get more realistic in making deals.

There will always be a few "must-haves" that will pay a premium to get one before anyone else can even sign a contract. But, those people, IMO, will be VERY few and far-between.
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Old 07-10-2008, 02:48 AM   #22
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Quote:
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Invoice and MSRP are different btw. =)

Invoice is what the dealer pays for the car. MSRP is what they are encouraged to sell it at.
Yep. I edited my first post since I believe I misinterpreted his words. I understand the difference between invoice and MSRP. If they will be selling below MSRP, then I would GLADLY purchase from his dealer....and I'd probably become a regular customer too!

There are also dealer holdbacks....money savings where dealers do bulk buys....which, if I was told correctly, means they pay even less for their vehicles than "invoice" or "dealer cost." I DO NOT expect to get into savings and a price area like this.
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Old 07-10-2008, 02:52 AM   #23
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A local dealer had mentioned holdbacks but didn't mention anything more other than "fleet price." I'm going to wait until closer to release date and see what can be done about the prices here in CA.
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Old 07-10-2008, 08:02 AM   #24
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Wow, 5k over MSRP, should I bring my own lube, or will u supply ur own?
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Old 07-10-2008, 08:30 AM   #25
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I've read that the dealer still makes a buck when they sell at invoice because of the holdbacks, but I'm not sure if it's every dealer or how it works. I'm just hoping that I can get one at GMS pricing without issue, and if I cannot find a dealer to seel at or below MSRP, then I'll move on. It's not right.
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