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Old 07-10-2008, 09:13 AM   #26
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Wow, 5k over MSRP, should I bring my own lube, or will u supply ur own?
For $5k, they should include a reacharound too.
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Old 07-10-2008, 11:13 AM   #27
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New Camaro Mark Up

Let me start by saying that profit is not a dirty word. I sold cars while in college and it paid for my education. A dealership should be able to mark a car up as much as they want! It is the law of supply and demand. Everyone on this post knows that the minute you buy a new car it depreciates as soon as you drive it off the lot, right? Put your self in a sales persons shoes in a dealership for a minute. A sales person makes his or her living off of selling cars and if they can make an extra $300.00 or $500.00 by "OFFERING" a car at over sticker who cares!!! You don't have to buy the car from that dealer if you don't want to. How would you like to sell Cobalts and Silverado's and Aveo's all day long and make $100.00 if you were lucky? This is going to be a car where the average guy or girl can buy one, maybe not at sticker at the start but that is they way it is! Look at the Mustangs, Challangers, Z06's, etc... If you want something bad enough you will pay to play! I know right now I am prepared to pay sticker and maybe a few bucks more for my new super charged Z when it comes out. IROCZJEFF
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Old 07-10-2008, 11:19 AM   #28
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Originally Posted by IROCZJEFF View Post
Let me start by saying that profit is not a dirty word. I sold cars while in college and it paid for my education. A dealership should be able to mark a car up as much as they want! It is the law of supply and demand. Everyone on this post knows that the minute you buy a new car it depreciates as soon as you drive it off the lot, right? Put your self in a sales persons shoes in a dealership for a minute. A sales person makes his or her living off of selling cars and if they can make an extra $300.00 or $500.00 by "OFFERING" a car at over sticker who cares!!! You don't have to buy the car from that dealer if you don't want to. How would you like to sell Cobalts and Silverado's and Aveo's all day long and make $100.00 if you were lucky? This is going to be a car where the average guy or girl can buy one, maybe not at sticker at the start but that is they way it is! Look at the Mustangs, Challangers, Z06's, etc... If you want something bad enough you will pay to play! I know right now I am prepared to pay sticker and maybe a few bucks more for my new super charged Z when it comes out. IROCZJEFF
yea but I've seen dealerships get so greedy that they put a 1200$ mark up on a base model cobalt. come on that's just absurd. That's what's wrong with dealerships for GM now adays. But I also know of dealerships that don't charge any mark ups for "limited" production cars. and I refer my friends to those dealers. if dealerships want to charge more let them but in my book word of mouth and how they are treated will cause people to move to a dealership that won't do such a thing.

I'm prepared to pay sticker + TTL that's all. and maybe if I'm lucky I can get a military discount, but I don't count on it.
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Old 07-10-2008, 11:38 AM   #29
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IROCZJEFF, you make a great point about the reality of a free market, and normally it wouldn't seem so bad...but in this case, we're talking about the possible success or failure of our (by "our" I mean nearly everybody on this forum) favorite car, and GM as a whole, which is very important to many of us here too. I want to see GM continue to succeed (despite all the media talk of failure), and would hate to see individual dealers reduce the chances of that by being greedy.
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Old 07-10-2008, 11:50 AM   #30
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KarlChev,

Thanks for the info. Keep us posted.

All I know is they(the dealerships) better honor GM Employee discounts and Supplier Discounts, or I'm going to be very
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Old 07-10-2008, 01:28 PM   #31
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KarlChev,

Thanks for the info. Keep us posted.

All I know is they(the dealerships) better honor GM Employee discounts and Supplier Discounts, or I'm going to be very
Same here....we get the supplier discount.
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Old 07-10-2008, 01:45 PM   #32
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KarlChev,

Thanks for the info. Keep us posted.

All I know is they(the dealerships) better honor GM Employee discounts and Supplier Discounts, or I'm going to be very
I dont see why they wouldnt, the only car you cant get a discount on is a corvette.

Im counting on the GM employee discount too, so i guess we will just have to wait and see.
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Old 07-10-2008, 01:56 PM   #33
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I dont see why they wouldnt, the only car you cant get a discount on is a corvette.

Im counting on the GM employee discount too, so i guess we will just have to wait and see.
Currently the only car not available by GMS discount is the corvette ZR1.
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Old 07-10-2008, 02:11 PM   #34
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I totally get that salesmen/women need food on their tables too and that dealerships need to bring in money but as Tag stated earlier.

Some of us work hard as hell just to make the MSRP amount and to have that jump up a few thousand more will break a lot of people, including me.
Yes some of the special/limited editions have to be marked up but that's for the rich guys to deal with.

At MSRP or less will have me at the dealership, like most at the board I will keep searching dealerships to make that happen.
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Old 07-10-2008, 03:34 PM   #35
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I totally get that salesmen/women need food on their tables too and that dealerships need to bring in money but as Tag stated earlier.

Some of us work hard as hell just to make the MSRP amount and to have that jump up a few thousand more will break a lot of people, including me.
Yes some of the special/limited editions have to be marked up but that's for the rich guys to deal with.

At MSRP or less will have me at the dealership, like most at the board I will keep searching dealerships to make that happen.
Also, its not like there will be a limited number of Camaros. If you can't pay the marked up price, just wait a couple months. Once production is at full capacity and the initial mayhem subsides there will be Camaros on most every dealers lot and the prices will come down below MSRP just like on every other car.
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Old 07-10-2008, 03:41 PM   #36
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This isn't really to be an issue I can handle over here. With all the import costs and such, the best I can do is try and find the dealers with the best price. Getting down to MSRP is a pipedream.
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Old 07-10-2008, 04:25 PM   #37
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I would guess that there will be around $2k in markup from Invoice to MSRP.

We will honor anyone who qualifies for GMS, Supplier, Millitary Discount, College Student, etc. I do it on Vette's all the time. The only vehicle that does not qualify is the ZR1 I believe.

We didn't become the largest Chevy dealership in the midwest by making cutomers unhappy. What we ask for, and what we take are always going to be different. If there are cars on the lot that are not spoken for, deals can be had.

I think a few might have misunderstood me. I don't expect us to markup any regular Camaro's. However, if there are limited edition vehicles, then they will bring a premium price. If someone wants to pay $5k extra, who am I to tell him not too?

I don't understand the problem with the concept of supply and demand. Let me ask a question, if you bought your new Camaro, and as you drove off the lot, someone offered you $5k more for it than you bought it for, would you take it, if you knew you could go buy another one? Or would that be immoral and greedy?
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Old 07-10-2008, 04:43 PM   #38
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If they offered, I don't see a problem with that. If you asked them to pay 5k more, that's immoral/greedy.

At least thta's how I see it.
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Old 07-10-2008, 05:27 PM   #39
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We will honor anyone who qualifies for GMS, Supplier, Millitary Discount, College Student, etc.
There's a College Student discount? Is it necessary to be a full time student?
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Old 07-10-2008, 05:59 PM   #40
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There's a College Student discount? Is it necessary to be a full time student?
If you are 6 months from graduation or graduated 6 months ago, you qualify for supplier pricing. (close to invoice)
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Old 07-10-2008, 06:18 PM   #41
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IROCZJEFF, you make a great point about the reality of a free market, and normally it wouldn't seem so bad...but in this case, we're talking about the possible success or failure of our (by "our" I mean nearly everybody on this forum) favorite car, and GM as a whole, which is very important to many of us here too. I want to see GM continue to succeed (despite all the media talk of failure), and would hate to see individual dealers reduce the chances of that by being greedy.
Another important point is that there's some wacky thing GM does called "Allocation" and they have some magical pixy dust formula that determines that the big wheel dealers get to purchase more of a particular car for their local customers while small-town friendly dealer with no markup gets less cars "allocated", so even though you may WANT to go to the nice dealer, he may not HAVE any of the model you want and if you place an order with him for one you have to WAIT until they get an "allocation", which could be a LONG time if the model is popular.

I ordered a 1994 Z28 on president's day (mid february) in upstate NY and didn't get an allocation until a few days before they ceased production on 1994's (end of august?) The dealer was nice enough to pull some strings and get them to switch it to a 1995 model and I got it in September of 1994.
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Old 07-10-2008, 06:40 PM   #42
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Another important point is that there's some wacky thing GM does called "Allocation" and they have some magical pixy dust formula that determines that the big wheel dealers get to purchase more of a particular car for their local customers while small-town friendly dealer with no markup gets less cars "allocated", so even though you may WANT to go to the nice dealer, he may not HAVE any of the model you want and if you place an order with him for one you have to WAIT until they get an "allocation", which could be a LONG time if the model is popular.

I ordered a 1994 Z28 on president's day (mid february) in upstate NY and didn't get an allocation until a few days before they ceased production on 1994's (end of august?) The dealer was nice enough to pull some strings and get them to switch it to a 1995 model and I got it in September of 1994.

The way it was described to us at a regional meeting was, like any new model, it will be allocated. After that, it is planned to be open allocation - meaning order what you want.

Corvettes were on open allocation a few months ago due to slow sales.

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Old 07-10-2008, 06:57 PM   #43
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It's a good thing that we sold almost 500 vehicles last month!

We will be allocated more Camaro's than any other dealership in the midwest, more than likely. If there is a special edition Camaro, we will get a few of them as well.
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Old 07-10-2008, 07:17 PM   #44
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Wow, 5k over MSRP, should I bring my own lube, or will u supply ur own?


Thanks Funny CHIT right there.
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Old 07-10-2008, 07:27 PM   #45
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HELLO PEOPLE, we are the consumer, we can stop the "premium" on new limited edition Camaro's. If we refuse to pay this "premium" ther won't be one.
I know there will be the people that NEED this car right when it comes out, and they can pay the added cost. If you can wait, you can and will get the price you want. I for one am not going to get lubed nor do I want a reach around just to have the CAMARO first.
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Old 07-10-2008, 08:08 PM   #46
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HELLO PEOPLE, we are the consumer, we can stop the "premium" on new limited edition Camaro's. If we refuse to pay this "premium" ther won't be one.
I know there will be the people that NEED this car right when it comes out, and they can pay the added cost. If you can wait, you can and will get the price you want. I for one am not going to get lubed nor do I want a reach around just to have the CAMARO first.
This is a great point. Also, wait until the end of the month, or more importantly, the end of the quarter. Great deals to be had. Every dealer has a "number" to hit. The end of June, we accepted an offer from one of my customers that was a $1700 loss to the dealership. However, that deal put us over our number, and made the dealership around $250k.
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Old 07-10-2008, 08:28 PM   #47
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Meh, I'll order mine through GMS, just like I did in '99. No hidden mark ups or "market adjustments"...
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Old 07-10-2008, 08:54 PM   #48
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Meh, I'll order mine through GMS, just like I did in '99. No hidden mark ups or "market adjustments"...
Hidden mark ups? Why is the dealer the bad guy? I didn't know that there was anything wrong with trying to make money.

I guess all the people that sold Wii's and Xbox360's on ebay are the devil too? If you are going to be mad at anyone, be mad at the people who can afford to pay a premium for a premium vehicle.
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Old 07-10-2008, 09:10 PM   #49
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It is like I said to the Mazda dealer my wife and I bought her Mazda3 at. I have no problems with the dealership trying to make a profit, it is a business afterall, but I have a problem with them trying to get a whole years profit out of me.
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Old 07-10-2008, 09:45 PM   #50
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Hidden mark ups? Why is the dealer the bad guy? I didn't know that there was anything wrong with trying to make money.
I guess all the people that sold Wii's and Xbox360's on ebay are the devil too? If you are going to be mad at anyone, be mad at the people who can afford to pay a premium for a premium vehicle.
There's nothing wrong with you trying to make money, but what's wrong with the consumer trying to save money?

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