GMS,etc Status on Camaro?!

[camaroconti@evs]

Allocations we know are controlled for the launch pretty much the first year of Camaro.

Good question has come up about GM employee, dealership employee, GM supplier purchase opportunities. In years past GM would not even allow such a purchase on launch vehicles until production was moving full steam ahead.

IMPORTANT TO NOTE: full dealer discretion on these programs, but those authorization numbers will be allowed if a dealer so chooses… I think we know the answer to that for a while, but nice to hear GM is not blocking them.

More news as we have it!

[headpunter]

we care more if you put it in bigger then normal letters....

[trm0002]

Can you explain to "us" once and for all how GMS/GMU affects your profit on the vehicle? My understanding is that you're basically "out" the profit between the discounted price (assuming you accept it) and what you could have sold the vehicle to someone like me (without discount) for. Is that correct or does GM rebate you any of the difference?

[RPO_Z28]

Originally Posted by trm0002

Can you explain to "us" once and for all how GMS/GMU affects your profit on the vehicle? My understanding is that you're basically "out" the profit between the discounted price (assuming you accept it) and what you could have sold the vehicle to someone like me (without discount) for. Is that correct or does GM rebate you any of the difference?

Yes, the profit lost is as you state it. GM doesn't rebate any money to the dealer between list and invoice.

[camarogreg@evs]

Originally Posted by trm0002

Can you explain to "us" once and for all how GMS/GMU affects your profit on the vehicle? My understanding is that you're basically "out" the profit between the discounted price (assuming you accept it) and what you could have sold the vehicle to someone like me (without discount) for. Is that correct or does GM rebate you any of the difference?

I just addressed this in another thread. If you do qualify for GMS (GM Employee) the dealer does get reimbursed a small amount from GM. GMS would be about half the profit of selling at MSRP. On Supplier, there is a formula that is calculated and it is still even less than GMS. GSU (Supplier) only makes a couple hundred dollars. There is no set dealer profit. It depends on the price of the car.

I hope this answers your question.

[RPO_Z28]

All of the new invoices show the amount that the dealer gets reimbursed for GSU (supplier) sales as well as the amount for GMS (employee) sales. Most of the time it brings the dealer back to making only the holdback. But that pays for interest, the lights, the office staff, etc.

[camarogreg@evs]

Originally Posted by RPO_Z28

All of the new invoices show the amount that the dealer gets reimbursed for GSU (supplier) sales as well as the amount for GMS (employee) sales. Most of the time it brings the dealer back to making only the holdback. But that pays for interest, the lights, the office staff, etc.

The Supplier and Employee prices are printed on the invoice. The GMS profit is on there but Supplier is calculated by a formula. You are right about the profit though, not much.

[UCF w00t]

I'm glad I went through the trouble of getting a dealer to agree to honoring any applicable discounts/incentives. I think the only reason they did was because they thought GM wasn't going to do it. Let's just hope they don't try and screw me over.

[BamaKid]

Originally Posted by UCF w00t

I'm glad I went through the trouble of getting a dealer to agree to honoring any applicable discounts/incentives. I think the only reason they did was because they thought GM wasn't going to do it. Let's just hope they don't try and screw me over.

I was able to get the same deal in writing after walking away from the dealership on the first visit. The dealer was so confident that GM would not offer any incentives. I am glad that I stuck to my instincts and did not listen to them. But those few days waiting for the dealer call back was a little nerve racking.

[Croathlete]

So if we had an MSRP price, what is the formula to figure out the Supplier price?

[camarogreg@evs]

Originally Posted by Croathlete

So if we had an MSRP price, what is the formula to figure out the Supplier price?

If you qualify for Supplier and the dealer chooses to accept Supplier pricing, it'll be printed on the invoice. The formual is for calculating dealer profit not for figuring Supplier price.

[Croathlete]

Originally Posted by camarogreg@evs

If you qualify for Supplier and the dealer chooses to accept Supplier pricing, it'll be printed on the invoice. The formual is for calculating dealer profit not for figuring Supplier price.

I do qualify for Supplier pricing and have it in writing from my dealership that they will accept it. Should they be able to tell me my final price now or do they have to wait until the order is placed and that's when they'll receive an invoice?

Sorry for all the questions and thanks for taking the time.

[camarogreg@evs]

Originally Posted by Croathlete

I do qualify for Supplier pricing and have it in writing from my dealership that they will accept it. Should they be able to tell me my final price now or do they have to wait until the order is placed and that's when they'll receive an invoice?

Sorry for all the questions and thanks for taking the time.

It will be printed on the invoice. Also, they can print the price sheet from GM Dealer World and it has Supplier Pricing on it.

[RPO_Z28]

Originally Posted by camarogreg@evs

The Supplier and Employee prices are printed on the invoice. The GMS profit is on there but Supplier is calculated by a formula. You are right about the profit though, not much.

In case you haven't noticed, the Supplier money back to the dealer is printed on the right side of the invoice below the memo amount. It makes it easier than figuring out that silly formula.