What Does GM Make on each Camaro sold??

[futrocpd]

you buying from mom and pops on the lucky mile scotty? if so get me some and i will paypal you the money, lol.

[AnnaBear@SpartaChevy]

I get first dibs on winning the next POWERBALL drawing!

Pick me, pick me!

Scotty, if I win, I will share it with you.

[talwell]

One thing to remember is that GM spent hundreds of millions of dollars just building the plant in Oshawa to build these cars. Not only this, but I am sure they spent over $100 million to develop, engineer, test and build just this single model. So with that in mind - I am sure that any profit that is seen by GM is factored out based on forward facing sales figures. Initially and for long to come I am sure that the actual realized profit is $0.00 per car.

[CamaroScotty]

Originally Posted by BLKnCHRME09Deluxe

Whats the point of selling a $40,000.00 car just to make a little ol' $2,000.00 ....Nope doesn't sound right...

The point is, we sell corvettes and make $300 (that's three hundred boys n girls...) because

1. That's what the big dealers do
2. We have goals we need to meet each month for new cars.

If you don't make goals, especially in these times, who knows, you may show up on the "no longer with GM" list.

[CamaroScotty]

Originally Posted by little_bank_robber

I get first dibs on winning the next POWERBALL drawing!

Pick me, pick me!

Scotty, if I win, I will share it with you.

Ditto 50/50


I did win the lottery in a odd kind of way.... Thanks Todd

[Mr Smith]

Isnt the platform based on the G8? I havent researched this but have heard that. That would mean R&D for the most part has long paid for itself.

Originally Posted by talwell

One thing to remember is that GM spent hundreds of millions of dollars just building the plant in Oshawa to build these cars. Not only this, but I am sure they spent over $100 million to develop, engineer, test and build just this single model. So with that in mind - I am sure that any profit that is seen by GM is factored out based on forward facing sales figures. Initially and for long to come I am sure that they actual realized profit is $0.00 per car.

[CamaroScotty]

I'm certainly not in it for the money....My I.T. job paid 3X as much - but it went to India...

But it IS stress free, and I enjoy it....and I love the vette and camaro - so I am living a SECOND childhood. I love the reaction of people picking up their Camaro's, and making friends in MANY of the states in the USA!

Yea, I know, I'm not normal!!!

[talwell]

Originally Posted by Mr Smith

Isnt the platform based on the G8? I havent researched this but have heard that. That would mean R&D for the most part has long paid for itself.

This would only help to reduce the costs but each new vehicle that is developed has a huge amount of overhead costs that are only recovered over the life cycle of that body style.

[Mr Smith]

Agreed..

Originally Posted by talwell

This would only help to reduce the costs but each new vehicle that is developed has a huge amount of overhead costs that are only recovered over the life cycle of that body style.

[Mr Smith]

And no offence to the auto dealers here..Everyone is just trying to make a living...Ive been on the other side of the table a couple of times and had my @ss handed to me when purchasing a vehicle so im a little jaded. I realize not all dealers are bad...But a majority do business...how should I put it...aggressively.

[AnnaBear@SpartaChevy]

Originally Posted by CamaroScotty

I'm certainly not in it for the money....My I.T. job paid 3X as much - but it went to India...

But it IS stress free, and I enjoy it....and I love the vette and camaro - so I am living a SECOND childhood. I love the reaction of people picking up their Camaro's, and making friends in MANY of the states in the USA!

Yea, I know, I'm not normal!!!

Stress-free?!?! STRESS-FREE?!?! Are you kidding me? This job is anything but stress free.

I also LOVE people's reaction to their new cars, especially the Camaro.

But it sure as heck isn't stress free. I need to move to the WEST side of the lake I guess!


Admittedly it was a lot less stressful when the hubby had a job. Now that I am the main source of income, that has really changed things. For me at least.

[AnnaBear@SpartaChevy]

Originally Posted by Mr Smith

And no offence to the auto dealers here..Everyone is just trying to make a living...Ive been on the other side of the table a couple of times and had my @ss handed to me when purchasing a vehicle so im a little jaded. I realize not all dealers are bad...But a majority do business...how should I put it...aggressively.

No offense taken...for the most part

Next time you need to buy a vehicle, come see me or Scotty and I guarantee you'll have a lot better experience.

[sigma_1966]

My understanding is dealerships pricing on cars is based on volume. The more they buy the cheaper the price is per car. The more cars they sell the more profit they make per car because sale price stays the same.

Another way to look at it is this. lets say the cars sticker price is 34,000 and they purchased it for $32,000. if that car sits on the lot for six months and the next year cars start coming and they reduce the price by 4K to clear it. Do you think a delaership is going to sell a car for $2,000 less than what they paid ?.. makes no sense.It makes more sense they would reduce the price to clear the car so they still make 20 or 30% on it to cover costs.

Of course no one is going to tell you what they make per car then you would be asking for lower prices.

If they made $2000 per sale to make 2 million a year in vehicle sales they would have to move 1000 cars in a year. Thats 19 vehicles a week every week of the year.

It would be interesting to hear the truth but unless someone in the know steps forward we wont.

[CloudXTC]

have a friend who works for infinity headoffice in Mississauga ontario - on an infinity g37... the price is around 45k canadian i believe.... but it actually costed around 17k to produce...

i dont know how exact this is but he was giving 'round' figures