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08-29-2010, 08:43 PM
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#1 |
 Drives: green Join Date: Aug 2010
Location: fl
Posts: 3
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Discount if I pay it all?
I am planning to buy a 2011 camaro ls. I was wondering if a dealer would give me some discount if i pay it off the day i buy it.
What is a good price to pay for a Black 2011 automatic ls? Thanks, |
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08-29-2010, 08:45 PM
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#2 |
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The little LS that could
Drives: 2010 Camaro LS Join Date: Jul 2010
Location: Central USA
Posts: 642
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Cash always talks... My son got his 2011 LS automatic for 23500 with stripes and he did not pay cash...
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---TSW Donington's 20x8.5 front & 20x10 rear
---InJen CAI ---Magnaflow Exhaust with X pipe ---Bel RX45 with laser shifters ---4 gauge cluster pack ---VIO 1.5 in car camera system with DVR ---CoStar / BlueStar ---MPD Spolier (awaiting delivery) ---Taillight lenses, bezels, side markers, and reverse lights all blacked out |
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08-29-2010, 09:04 PM
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#3 |
 Drives: 2010 2LT / RS - 2013 ZL1 Join Date: Aug 2010
Location: Vancouver
Posts: 523
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Don't know if you hand them a check or your bank will help in a deeper discount. It does tell them you're serious and ready to buy, remember that will not be your final price... they'll upsell extended warranty, car proofing, kitchen sink etc etc
Best way is to know exactly what you want in your car, and do a little research on the upsell stuff to decide what you want. All of it is negotiable. |
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08-29-2010, 09:08 PM
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#4 |
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R.I.P. jesserayjames
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My dealer would not give me a penny off and I paid mine off the day I picked it up.
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Jannetty Racing JRE Street Package
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08-29-2010, 09:09 PM
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#5 |
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Finally!!
Drives: '10 2LT Summit white, '68 Camaro Join Date: Sep 2009
Location: Westchester, NY
Posts: 1,067
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I actually had a salesman tell me the dealership prefers when people finance through them rather than pay "cash". Don't know if that's true or not, but I did not get special discounts for paying cash.
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-Karen
SW 2LT Ordered 9/30/09 November 28, 2009 - Delivered!!!  |
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08-29-2010, 09:10 PM
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#6 |
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Account Suspended
Drives: 2010 Camaro 2SS/RS Join Date: Apr 2008
Location: New York
Posts: 3,747
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They want to make money off interest payments, so you are worse off if you tell them up front you want to pay cash.
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08-29-2010, 09:17 PM
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#7 |
          
Drives: 2010 Camaro Join Date: Feb 2010
Location: Sandy Hook, CT
Posts: 8,425
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I wouldn't think that you would get any better of a deal. I wonder if the dealership sees anything from the banks that finance the cars from them. Almost like a finders fee (but called something else). But the dealership will get its money anyway you pay so there is no incetive for cash.
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9.80 @ 139.73, 1.45 60', 2010 Jannetty Racing L99
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08-29-2010, 09:18 PM
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#8 |
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Drives: 2010 2LT / RS - 2013 ZL1 Join Date: Aug 2010
Location: Vancouver
Posts: 523
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Above two posters, I doubt the dealership makes money on interest but probably makes a small kick back.
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08-29-2010, 09:23 PM
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#9 | |
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Account Suspended
Drives: 2010 Camaro 2SS/RS Join Date: Apr 2008
Location: New York
Posts: 3,747
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Quote:
It's all coming from the sample place... the buyer. |
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08-29-2010, 09:24 PM
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#10 |
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Drives: 2011 Dodge Charger Join Date: Apr 2009
Location: MN
Posts: 887
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A lot of the time the dealership gets a kick back on the interest you pay to the bank for the loan on the car (pretty slimy if you ask me). So if you pay cash you're worse for the dealership which means they'll be less likely to deal.
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2011 Dodge Charger
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08-29-2010, 09:38 PM
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#11 |
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Suspension by Pedders
Drives: Synergy Edition 13.71@102 1.95 60' Join Date: Jun 2010
Location: Chicagoland (Crown Point, IN)
Posts: 1,914
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No - the dealer actually looses profit when you pay cash. Count on less of a deal. You would be far better off negotiating a loan / deal with them then paying that loan puff asap.
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My first Love. She was called "Miss Carriage" (still cry when I think about her)
383, Muncie 4 speed, custom linkage mated to hurst short throw shifter.  |
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08-29-2010, 09:39 PM
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#12 |
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Drives: 2012 Mustang GT Join Date: May 2009
Location: Abilene, TX
Posts: 1,358
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I have recently learned about the sliminess of the interest rate game of stealerships.
I will NEVER get financing through a dealership, (Unless it is zero percent, and only if the 0 percent vs whatever my bank would give, is enough to take it in leu of the factory rebate)
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2012 Mustang GT Premium
Performance White 6-speed Manual |
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08-29-2010, 09:42 PM
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#13 | |
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Drives: 2012 Mustang GT Join Date: May 2009
Location: Abilene, TX
Posts: 1,358
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Quote:
Get the lowest price you possibly can.. then Flip it on it's ear,,and Bam,, out comes the Certified Check
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2012 Mustang GT Premium
Performance White 6-speed Manual |
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08-29-2010, 09:44 PM
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#14 |
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I prefer not to take out loans for depreciating assets...
Decide what you feel is the correct price for the car with the options you want... Then go into the dealership and tell them what you want....and how much you are willing to pay... There is not a lot of room on the new camaro....so figure give or take a grand off msrp and thats about what you'll pay.. fwiw..there is usually a bank fee with taking out a loan...that paying cash you can avoid. Good luck with your upcoming new car! The camaro is an awesome choice. JB
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2008 Blk C6 Z51 NPP M6/2008 Silver CTS AWD FE2 304hp
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08-29-2010, 09:45 PM
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#15 |
Drives: Summit White 2ssrs inferno Join Date: May 2010
Location: Kansas City
Posts: 125
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No,, let them think they are financing for you, during the negotiating process.
Get the lowest price you possibly can.. then Flip it on it's ear,,and Bam,, out comes the Certified Check Agreex2 |
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08-29-2010, 09:47 PM
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#16 |
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Drives: 2SS LS3 Join Date: May 2010
Location: Southeast Florida
Posts: 1,408
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Dealers prefer buyers with bad credit. Second choice is buyers with good credit, and third choice is buyers paying cash.
And they love trades!!!...they get to confuse you on the purchase price and maybe, if your really dumb, they get to rape you on both ends of the deal (pay you too little for yours and charge too much for theirs). The worse the credit, the more you think they are "doing you a favor" and you will gladly overpay. Any car sale is in the dealer's favor (or else why would they bother?). The best deal (for the buyer) will come by paying cash, and NO trade in because there is less ability to find ways to rip you off. Last edited by SSLarry; 08-29-2010 at 10:04 PM. |
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08-29-2010, 09:49 PM
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#17 |
Drives: 2SS RS Black with Cyber Gray Stripe Join Date: Mar 2010
Location: SF Bay Area
Posts: 163
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Best of luck with that. I paid cash for my 2010 2SS/ RS and was given no "deal".
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08-29-2010, 10:08 PM
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#18 | |
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Drives: Used to have 2010 SGM Join Date: Jul 2010
Location: Charles Town, WV
Posts: 1,309
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Quote:
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08-29-2010, 10:50 PM
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#19 |
Drives: 2011 IOM Camaro Join Date: Jul 2010
Location: Texas
Posts: 2,836
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If they give you a hard time about a deal, just let them know that you have no problem going somewhere else to find a Camaro. The last thing the dealership wants is a serious buyer to walk out the door. And don't let them think that you are desperate to have the Camaro RIGHT NOW!!!
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08-29-2010, 10:56 PM
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#20 |
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Account Suspended
Drives: 2010 SS Join Date: Aug 2010
Location: Infront
Posts: 32
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Paid the full $44,000 the day i picked it up and didn't get a penny off.
Betting if you go in with physical cash in hand you can get maybe a grand off. |
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08-29-2010, 10:59 PM
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#21 |
 
Drives: L99 2SS/RS Join Date: Aug 2010
Location: Chicago
Posts: 358
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No. Always discuss price first then financing. Too many people today buy a monthly payment, not a vehicle.
And you will get the same discount, if the buy the car today, regardless how you pay. |
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08-30-2010, 05:31 PM
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#22 |
Drives: Taylor Made R11 Join Date: Jul 2009
Location: W8n 4 Snow, Minnesota
Posts: 4,503
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The car doesn't cost the dealership any less money if you pay cash for it.
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08-30-2010, 05:35 PM
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#23 | |
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So It'll Go Down Easy
Drives: Camaro SS/RS Join Date: Aug 2010
Location: Long Beach, CA
Posts: 900
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Quote:
...either: - you pay 100% cash for it... or, - your financing company pays the dealer for the car, then you pay the finance company + interest. |
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08-30-2010, 08:47 PM
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#24 | |
Drives: Rev-It-Up for Wounded Warriors Join Date: Nov 2009
Location: G4 CLASSIFIED
Posts: 4,454
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Quote:
Joe, Do yourself a big favor and do like several other Floridians and Active Duty military have done and saved big $$$$$$, get your C5 from Becky at Rodgers Chevrolet  Her contact info at: http://www.camaro5.com/forums/showthread.php?t=43480
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08-30-2010, 09:18 PM
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#25 |
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no interest = "discount"
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