What Does GM Make on each Camaro sold?? - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

67 Convertible · 10-21-2009, 04:00 PM

I know if the dealer sells for msrp they make $2k or less. I think on my car it was about $1,700.

But how much does GM corporate make per car?? The sticker on my car was $31.800. Does anyone know what it cost GM to actually make this car? I mean the actual profit after overhead, labor and parts. Do you think they bottom line $10k per car? More? Less?
Just curious....

madmaxx18 · 10-21-2009, 04:07 PM

A couple grand and I higly doubt the dealer makes 2 grand unless they sell it at invoice.

AZCamaroFan · 10-21-2009, 04:10 PM

that sounds about right to me madmaxx18. GM and the dealer's aren't making big money on the Camaro, i don't think.

67 Convertible · 10-21-2009, 04:12 PM

Quote:

Originally Posted by madmaxx18

A couple grand and I higly doubt the dealer makes 2 grand unless they sell it at invoice.

Maybe one of our fine dealers here will chime in. I understand there's not alot of "room" on the Camaro price wise for the dealer and it is actually under 2k for the dealer.

67 Convertible · 10-21-2009, 04:17 PM

Quote:

Originally Posted by 67 Convertible

I know if the dealer sells for msrp they make $2k or less. I think on my car it was about $1,700.

But how much does GM corporate make per car?? The sticker on my car was $31.800. Does anyone know what it cost GM to actually make this car? I mean the actual profit after overhead, labor and parts. Do you think they bottom line $10k per car? More? Less?
Just curious....

Maybe I should re-phrase my question. The Camaro is a new car and it cost GM hundres of thousands of dollars just to set up the plant for production. It will probably be a looong time before they make any money on the Camaro.

So let me ask about an already established model....Impala? Malibu? etc. What is the average clear profit GM makes per car?

BLKnCHRME09Deluxe · 10-21-2009, 04:56 PM

$2000.00 sounds extremely LOW..I would think more like if they M.S.R.P. was $37,000.00 they probably got it for about $27,000.00...$10,000.00 to the dealer...I had buddies in the car business and every time they sold a brand new car they always got a nice commision check for thier sale. Whats the point of selling a $40,000.00 car just to make a little ol' $2,000.00 ....Nope doesn't sound right...

AnnaBear@SpartaChevy · 10-21-2009, 05:26 PM

Quote:

Originally Posted by BLKnCHRME09Deluxe

$2000.00 sounds extremely LOW..I would think more like if they M.S.R.P. was $37,000.00 they probably got it for about $27,000.00...$10,000.00 to the dealer...I had buddies in the car business and every time they sold a brand new car they always got a nice commision check for thier sale. Whats the point of selling a $40,000.00 car just to make a little ol' $2,000.00 ....Nope doesn't sound right...

Ohhhh, how I wish you were correct. Unfortunately not the way it works! lol At least not here and not for the last 5 years that I've been in the car biz.

I will be waiting to hear if anybody knows how much $$ GM makes on each car sale. I have no idea. Should get some interesting answers.

glambert1 · 10-21-2009, 05:43 PM

my brother used to work at chevy and he told me about 10 years ago it costs gm about $5000 per car just to pay for the health care for their employees I doubt gm makes any more than a couple thousand per car sold its clear isnt it or why would they have gone bankrupt

Mr Smith · 10-21-2009, 05:48 PM

****Cough cough**** I have beachfront property in Northern Nevada I wanna sell!

Quote:

Originally Posted by little_bank_robber

Ohhhh, how I wish you were correct. Unfortunately not the way it works! lol At least not here and not for the last 5 years that I've been in the car biz.

I will be waiting to hear if anybody knows how much $$ GM makes on each car sale. I have no idea. Should get some interesting answers.

futrocpd · 10-21-2009, 06:07 PM

go to edmunds.com and look up the invoice. trucks/suv's have the most money as far as markup goes from my 6 mo experience in the car business was. I know i worked for a ford dealer ( i needed job since i just got laid off) and trucks and suv's always have/had with rebates around 10k you could get off. Mustangs were only about 1500-2k depending on model. i/e i know a base GT premium was 32k and invoice was just a tad over 30k.

AnnaBear@SpartaChevy · 10-21-2009, 06:15 PM

Quote:

Originally Posted by Mr Smith

****Cough cough**** I have beachfront property in Northern Nevada I wanna sell!

Exactly why I 'typically' keep out of these types of posts. Doesn't matter what people in the business say, nobody believes you.

I can tell you with 100% CERTAINTY that my dealership has never made $10,000 on the sale of one car...new, used or otherwise...at least in the 5+ years that I have been selling cars here.

PS...If we did make $10,000 on a car I could afford to buy that beach-front property in Nevada

futrocpd · 10-21-2009, 06:18 PM

no kidding that would be a nice little well not so little commish check

Mr Smith · 10-21-2009, 06:23 PM

Very true I bet you dont make that much off the car...I believe the original question was how much GM makes..not the dealer. However..Since we ventured into this territory lets chat about it.

10k profit off just sale? Highly unlikely
Kick backs for extended warranty? Yes
Kick backs for doing business with bank who loans? Yes
Goofy "dealer protection etching on windows so your car can be found when stolen" charge? Yes
Money from trade in sale? Oh hell yes...
Accessories like clear bras, rear mats, shiny goodies? Probable

The list goes on and on...

Its not just about the "sell" of the car now is it?

CamaroScotty · 10-21-2009, 06:23 PM

If there was money in this business, I wouldn't be buying POWERBALL TICKETS to buy MY CAMARO!!!!

10-21-2009, 04:00 PM	#1
67 Convertible Drives: 67 Camaro Convertible Join Date: Jun 2009 Location: MA Posts: 1,718	What Does GM Make on each Camaro sold?? I know if the dealer sells for msrp they make $2k or less. I think on my car it was about $1,700. But how much does GM corporate make per car?? The sticker on my car was $31.800. Does anyone know what it cost GM to actually make this car? I mean the actual profit after overhead, labor and parts. Do you think they bottom line $10k per car? More? Less? Just curious.... __________________ _____________________________________________ 2LT/RS RJT, Blk Rally Stripes, Beige Interior, Sunroof Placed order at dealer 4/24/09 1100 - 4/28/09 2000 - 5/01/09 2500 - 5/05/09 3000 - 5/05/09 3300 - 5/30/09 3400 - 6/05/09 3800 - 6/18/09 4000 - 6/18/09 4B00 - 6/18/09 4200 - 6/22/09 5000 - 7/01/09 6000 - 7/01/09 It's Home!! 0000 - 7/14/11 Traded in with 24,000 miles. Currently 5th Gen less

10-21-2009, 05:43 PM	#8
glambert1 HOMER Drives: 2010 camaro 2LT RS SIM Join Date: May 2009 Location: New York Posts: 527	my brother used to work at chevy and he told me about 10 years ago it costs gm about $5000 per car just to pay for the health care for their employees I doubt gm makes any more than a couple thousand per car sold its clear isnt it or why would they have gone bankrupt __________________ ....do it yourself and be proud when you brag about your mods...

10-21-2009, 06:07 PM	#10
futrocpd P90X Drives: 2000 SLP SS VERT Join Date: Jul 2009 Location: Oklahoma Posts: 773	go to edmunds.com and look up the invoice. trucks/suv's have the most money as far as markup goes from my 6 mo experience in the car business was. I know i worked for a ford dealer ( i needed job since i just got laid off) and trucks and suv's always have/had with rebates around 10k you could get off. Mustangs were only about 1500-2k depending on model. i/e i know a base GT premium was 32k and invoice was just a tad over 30k. __________________ 2000 Camaro SS/SLP P90X changed my life. Want to know more, PM me for more info on changing your life for the better

10-21-2009, 06:18 PM	#12
futrocpd P90X Drives: 2000 SLP SS VERT Join Date: Jul 2009 Location: Oklahoma Posts: 773	no kidding that would be a nice little well not so little commish check __________________ 2000 Camaro SS/SLP P90X changed my life. Want to know more, PM me for more info on changing your life for the better

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10-21-2009, 04:07 PM	#2
madmaxx18 Drives: 07_tundra/08_zo6 Join Date: Jun 2009 Location: Wichita falls, tx Posts: 722	A couple grand and I higly doubt the dealer makes 2 grand unless they sell it at invoice.

10-21-2009, 04:10 PM	#3
AZCamaroFan Camaro6 2016-2018 Drives: sometimes Join Date: Mar 2008 Location: Phoenix Posts: 18,468	that sounds about right to me madmaxx18. GM and the dealer's aren't making big money on the Camaro, i don't think.

10-21-2009, 04:56 PM	#6
BLKnCHRME09Deluxe Banned Drives: 2010 Camaro 2SSRS and a 09' Deluxe Join Date: Oct 2009 Location: Kansas City Posts: 117	$2000.00 sounds extremely LOW..I would think more like if they M.S.R.P. was $37,000.00 they probably got it for about $27,000.00...$10,000.00 to the dealer...I had buddies in the car business and every time they sold a brand new car they always got a nice commision check for thier sale. Whats the point of selling a $40,000.00 car just to make a little ol' $2,000.00 ....Nope doesn't sound right...

10-21-2009, 06:23 PM	#13
Mr Smith Born again Hot Rodder Drives: Black 1SS/RS LS3 M6 Join Date: Sep 2009 Location: Cartoon City, Nevada Posts: 680 View My Garage	Very true I bet you dont make that much off the car...I believe the original question was how much GM makes..not the dealer. However..Since we ventured into this territory lets chat about it. 10k profit off just sale? Highly unlikely Kick backs for extended warranty? Yes Kick backs for doing business with bank who loans? Yes Goofy "dealer protection etching on windows so your car can be found when stolen" charge? Yes Money from trade in sale? Oh hell yes... Accessories like clear bras, rear mats, shiny goodies? Probable The list goes on and on... Its not just about the "sell" of the car now is it?

10-21-2009, 06:23 PM	#14
CamaroScotty Account Suspended Drives: Your new SLP Camaro! Join Date: Jul 2008 Location: Cedarburg, WI Posts: 6,790	If there was money in this business, I wouldn't be buying POWERBALL TICKETS to buy MY CAMARO!!!!