Quote:
Originally Posted by Kept-a-rollin
This info ... "The dealer is contractually obligated to sell the car at that price, and cannot change it one cent. If we sell the car for more, and we get audited by GM (which we do), we have to send out refund checks to our customers." ... is not consistent with what I've been told. I've been told dealers are not obligated to honor supplier pricing and most will not on a hot car like the Camaro. The 2LT RS I'm pricing for order is MSRP: $31,205; Supplier price: $30,099. This is $1,106 under MSRP but still $527 over invoice. I've spoken with 3 dealers and I don't think any of them will honor this price. Is there a difference in the dealer obligation to honor supplier pricing when it is a car on the lot vs. when you are placing an order? And does the dealer eat the entire $1,106 discount or does GM kick back on this somehow? Thanks for your help.
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On a Supplier deal we do not have to take it its our car and its our choice if we would like to accept the deal. My dealer has always been willing to do it except on High demand cars and trucks. I just sold our 2SS camaro at supplier because it was on the lot for 2 weeks. GM does compensate us 2% for doing supplier deals so in many cases for us its better than an normal deal. If you want to do supplier tell the dealer up front or after its up to you but understand this once you tell the dealer suppler there is not much room to haggle. With many dealers in IMR programs for advertising now we are seeing many invoices that have an invoice price higher than supplier price this would be another reason why some will trun it down. One of the funniest things we have happen in our dealership is when someone comes in to haggle a price we get done and then they say oh by the way I have a supplier discount how much more do you take off? I get to say oh well the supplier price is $XXX over the deal we made I would be happy to raise the price if you like. If anyone comes to our store that gets supplier I pull the invoice I show the customer and we figure the tax tag and rebates up do the deal that easy. Do not expect retail for your trade in because we have do that price on the deal we can not do better than ACV ( actual cash value) on your trade many customers get upset at this. The customers that do supplier all the time know this and are not to upset. The ones that come in and go to one store get sticker price lees trade then come here remember the supplier discount then see $2000 or so difference in what they are shown for the trade and go balistic.