Got this in Mail!
Thread Starter
Safety Car
Joined: Sep 2000
Posts: 3,704
Likes: 70
From: Davie Florida
Got this in Mail!
Today!
Local Chevrolet dealership has sent the following: General Motors Incentive Program. Bring in a 95-02 Chevrolet and purchase a 2003 or 2004 Chevrolet,including Corvettes and they will give 100% of the MSRP of your vehicle when it was purchased new. It also seems to include any rebates that might be available. There is a slight catch, there will be a 0.10 - 0.55 cent mileage deduction.
They have a new 2004, Le Mans Blue, A4 with a sticker of $48,900. The MSRP on our 2001 C5 was $41,000. There is also a $4000 rebate. Our C5 just went out of warranty and we were thinking of getting an aftermarket. They were running anywhere from $1,200 to $2,000 and I just saw a horror story on the Corvette Forum
New C5 48,900
minus 4,000 Rebate
minus 41,000 2001 MSRP
plus 3,200 0.10 mileage deduction
My total plus tax/Title = $7,100 for a New C5 and 3 years of Warranty
Doesnt seem to bad to me.
Am I missing something??
Local Chevrolet dealership has sent the following: General Motors Incentive Program. Bring in a 95-02 Chevrolet and purchase a 2003 or 2004 Chevrolet,including Corvettes and they will give 100% of the MSRP of your vehicle when it was purchased new. It also seems to include any rebates that might be available. There is a slight catch, there will be a 0.10 - 0.55 cent mileage deduction.
They have a new 2004, Le Mans Blue, A4 with a sticker of $48,900. The MSRP on our 2001 C5 was $41,000. There is also a $4000 rebate. Our C5 just went out of warranty and we were thinking of getting an aftermarket. They were running anywhere from $1,200 to $2,000 and I just saw a horror story on the Corvette Forum
New C5 48,900
minus 4,000 Rebate
minus 41,000 2001 MSRP
plus 3,200 0.10 mileage deduction
My total plus tax/Title = $7,100 for a New C5 and 3 years of Warranty
Doesnt seem to bad to me.
Am I missing something??
Race Director
Joined: Jan 2002
Posts: 19,557
Likes: 1,470
From: I love you & miss you Linda
2017 C7 of the Year Finalist
St. Jude Contributor
I see you are figuring your deal out on $.10/mile deduction. You NOW have to talk the dealer into that one.
I have a feeling that's the catch.
How's the deal look to you at $.55/mile
At $.55/mile your deal equates to:
Your car plus $21500 for the new Corvette.
You can get $12500 OFF the MSRP on that car at Kerbeck, Atlantic City NJ for instance.
Just some numbers for you to crunch.
"If it sounds too good to be true, it almost ALWAYS is.............. too good to be true"
I have a feeling that's the catch.
How's the deal look to you at $.55/mile
At $.55/mile your deal equates to:
Your car plus $21500 for the new Corvette.
You can get $12500 OFF the MSRP on that car at Kerbeck, Atlantic City NJ for instance.
Just some numbers for you to crunch.
"If it sounds too good to be true, it almost ALWAYS is.............. too good to be true"
Last edited by Glennm27; Jul 26, 2004 at 07:13 PM.
Le Mans Master
Joined: Sep 2002
Posts: 6,689
Likes: 0
From: Michigan
St. Jude Donor '15
I have never heard of one of these super specials that was a real deal once they run all the numbers. There's a radio ad in Toledo that advertises they will get you out of your current lease or loan for $1, no matter how much you owe.
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Le Mans Master
Joined: Jun 2004
Posts: 6,269
Likes: 50
From: Dallas Texas
St. Jude Donor '06-'07-'09-'10
Look at it this way. What's your C5 with 32K miles worth wholesale in the Kelly Blue Book or any other good source and what's the best cash deal you can get from a dealer. Figure the difference and you have the real world. I'd say it'll be around $10-11K.