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.

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.

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.

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. :D

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.

I heard its going to be a satellite broadcast. Would someone be able to post the video of the Information ?

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.

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?
:mad0233:

Yeah.:bs: 15 ZR1 Allocations! Sorry bro, top 10 or not, where in the hell did you pick up all those allocations from?

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..

No, we have had 15 people put deposits down to try to buy one. I believe we were alloted 7 or 8.

$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.....

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?

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:

http://www.corvetteconti.com/photo-g...OW-2007-13.jpg

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! :chevy:

destination cost to a dealer around here (San Francisco Bay Area) would be what? (94010 zip code)

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 :bs: . 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.;)
If the Camaro I want is at MSRP, then I'd consider your dealer. If it's 5K over, I won't bother.
:clap: 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.
Nope...just the ones who can barely afford it anyway....(not you...your dealer)
And you know my answer to this one. Anything OVER MSRP = :thumbdown:
If you mean over "invoice," what the dealer pays for the vehicle, then :cool: cool deal!

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.

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.

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.

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.

Wow, 5k over MSRP, should I bring my own lube, or will u supply ur own?

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.

For $5k, they should include a reacharound too.

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:iono: 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.

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.

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 :mad0260:

Same here....we get the supplier discount.

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.

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.

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.

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?

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.

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)