My thoughts on GMS,GSU,GMID pricing.
#3
Race Director
Thanks for clearing up the definitions.
#5
Thank-you and read article - CLICK HERE!
Rick, I understand what you are saying, BUT, when forum dealers including you "11~2007's @ "TRUE" GMS pricing...." offer vetts to the public at GMS, GSU, GMID etc. then why not post the prices for all to see as soon as possible?
When you say, "For those that post this, especially other retail entities, I find this irresponsible. You make the market more confusing to those that cannot even obtain these price levels and ruin the value we as representatives are trying to display to a new customer. It is not available to everyone and therefore should be just thrown out there as if it were!"
I think is wrong. Sooner or later a dealer will offer GMS or Supplier or GMID to everyone even without the certificate and post the prices. Even you. So it is available to everyone.
No offence but your post seems a little off base.
Just a thought and I do respect all you have done for the forum and will call you when I am ready again to buy.
Last edited by 123vette456; 06-20-2007 at 05:16 PM.
#6
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St. Jude Donor '08-'09-'10-'11-'12-'13-'14-'15-'16,'17,'18-'19-'20-'21-'22
Thanx !
Thanx for your perspective, Rick. I am entitled to Supplier pricing, and was able to use it in early 2006 when many dealers were not honoring it. Those who are actually entitled to Employee or Supplier pricing know how to use GM's appropriate websites to get the pricing for their discounts.
Also, thanx for the "GSU" TLA (Three Letter Anacronym) to differentiate Employee pricing from Supplier pricing. I hope "GSU" catches on to help simplify discussions.
Also, thanx for the "GSU" TLA (Three Letter Anacronym) to differentiate Employee pricing from Supplier pricing. I hope "GSU" catches on to help simplify discussions.
#7
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I'm confused...
"My thoughts are - we should post this on line..."
and then
"For those that post this, especially other retail entities, I find this irresponsible."
Those two views seem contrary - perhaps there's something I'm not getting. Which one is your position?
"My thoughts are - we should post this on line..."
and then
"For those that post this, especially other retail entities, I find this irresponsible."
Those two views seem contrary - perhaps there's something I'm not getting. Which one is your position?
#8
Team Owner
I don't see any reason not to post them. Invoice prices are going to be all over the internet very soon (Edmunds, KBB etc). Invoice pricing is meaningless because consumers have no way of knowing how much a dealer really needs to make in relation to invoice to make a fair profit. In addition, we all know there are many behind the scenes incentives and marketing dollars that change hands from GM and the dealership.
On the other hand, Employee and Supplier prices are a set price that GM has made available to qualifying buyers. In fact, GM prohibits dealers form making any "adjustments" to these prices if the dealer agrees to sell the customer at one of these price programs.
So what's the harm in sharing it?
On the other hand, Employee and Supplier prices are a set price that GM has made available to qualifying buyers. In fact, GM prohibits dealers form making any "adjustments" to these prices if the dealer agrees to sell the customer at one of these price programs.
So what's the harm in sharing it?
#10
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I don't understand your point Rick. Most people here are smart enough to understand whether or not they qualify for one of the programs. In fact, if one has to ask, then they probably don't qualify.
I think what we are seeing is open competition between the dealers and the consumer benefits from that.
I think what we are seeing is open competition between the dealers and the consumer benefits from that.
#11
Team Owner
Why not post'em. They will always find their way to the forum.
#13
Melting Slicks
GMID I'd like to see as it is possible for someone to try and get this. For the others, I would agree that you'd already know if it applied to you. It would be interesting to see, but not much more.
#15
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I don't understand your point Rick. Most people here are smart enough to understand whether or not they qualify for one of the programs. In fact, if one has to ask, then they probably don't qualify.
I think what we are seeing is open competition between the dealers and the consumer benefits from that.
I think what we are seeing is open competition between the dealers and the consumer benefits from that.
Thank-you for your views.
as far as competition....no sweat - just give me a shot ~ I play to win! that benefits the customers and I'm not afraid to make the effort to do so too!
#17
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Not the point at all...I get endless questions...what is GMS, GMID,etc,etc...and they feel as if they are not getting something they should....
Thank-you for your views.
as far as competition....no sweat - just give me a shot ~ I play to win! that benefits the customers and I'm not afraid to make the effort to do so too!
Thank-you for your views.
as far as competition....no sweat - just give me a shot ~ I play to win! that benefits the customers and I'm not afraid to make the effort to do so too!
OK. I don't blame you at all WRT having to answer the same questions over and over. In fact, your definitions of the various GM programs should be a sticky. But the rest of your article on that subject......I'll just say we appreciate our supporting vendors here and not try to figure out what you are trying to say. I know I've hit the keyboard a time or two after downing a few
#18
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"In honor of jpee"
I don't see any reason not to post them. Invoice prices are going to be all over the internet very soon (Edmunds, KBB etc). Invoice pricing is meaningless because consumers have no way of knowing how much a dealer really needs to make in relation to invoice to make a fair profit. In addition, we all know there are many behind the scenes incentives and marketing dollars that change hands from GM and the dealership.
On the other hand, Employee and Supplier prices are a set price that GM has made available to qualifying buyers. In fact, GM prohibits dealers form making any "adjustments" to these prices if the dealer agrees to sell the customer at one of these price programs.
So what's the harm in sharing it?
On the other hand, Employee and Supplier prices are a set price that GM has made available to qualifying buyers. In fact, GM prohibits dealers form making any "adjustments" to these prices if the dealer agrees to sell the customer at one of these price programs.
So what's the harm in sharing it?
The facts are, 1) "invoice" IS what a dealer is charged. It is NOT what a dealer necessarily ends up PAYING for that car. Or any car. And all other numbers (mine included ) after the first one are immaterial. All numbers after that one are "profit".
* that doesn't mean you're telling a lie. it means that the statement is inaccurate for many others.
Last edited by AORoads; 06-21-2007 at 01:33 AM.
#20
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I don't understand your point Rick. Most people here are smart enough to understand whether or not they qualify for one of the programs. In fact, if one has to ask, then they probably don't qualify.
I think what we are seeing is open competition between the dealers and the consumer benefits from that.
I think what we are seeing is open competition between the dealers and the consumer benefits from that.
I ended up forwarding all the info that was given to me off to Rick and he gave me a price that was better than I had gotten at a local dealer, so I was happy with the deal even though I wasn't sure if it was the GM Supplier price or the GM In The Driveway price.
I would think that anyone currently in the same position that I was last summer would appreciate a good description of the GM discount programs, and I applaud Rick for making the descriptions available to us.