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Invoice less ?

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Old Aug 16, 2007 | 07:08 AM
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Default Invoice less ?

I have identified a 2008 convertible with:

magnetic select drive
Two tone seats
3LT preferred system
Rear Axle 2.73 ratio
Navigation

Does anyone have a feeling for the appropriate price less MSRP ($ 65520)?
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Old Aug 16, 2007 | 08:09 AM
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The appropriate price is what you're comfortable paying!Call KERBECK-or check their website-www.kerbeck.com to get an idea of discounts.
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Old Aug 16, 2007 | 08:30 AM
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Invoice is going to be around $58700.

A hot seller at the start of the model year is probably not going to be had for near invoice.

I'd offer 60 and see what they say.
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Old Aug 16, 2007 | 09:36 AM
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Just talk to nearby dealers. many are selling 08's for invoice. That's what I'd pay. They still get 3% holdback of the MSRP from Chevy!
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Old Aug 16, 2007 | 09:40 AM
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Here is your exact car at KERBECK w/5000 grand off sticker.
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Old Aug 16, 2007 | 01:46 PM
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ALL

Thanks for your responses, they really help.
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Old Aug 16, 2007 | 02:10 PM
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When I shopped about a month ago for a 2007, 3LT, A6 Coup, I went in knowing a few things about pricing that I learned here. The "best" price is going to be close to "GSU" ..... these are prices for GM employees and suppliers. They appear on the actual invoice or build sheet which you may or may not be shown. If you're shown an "invoice," for it to be the real deal its going to have the GSU pricing on it.

Here's the rough formula for arriving at an approximaton of the these prices without a ture invoice or build sheet in your hand (these percentages vary but not by much):

Supplier pricing is equal to the following

base price is MSRP minus 9.4%

options are MSRP minus 16.4%

there is no discount off the delivery fee

There is also the possibility that there will be a 1% advertising fee in the lowest price the dealer is willing to go to and that is a legitimate charge .... some have it, some don't.

Even at supplier pricing, the dealer still gets a 3% hold back from GM .... if you get the dealer to a supplier price, he's still getting about $1500 on a $50,000 vehicle .... but that's not going to be negotiable in my experience.

Here's the run on my 2007:

Base $44250 ($40095)
Options 10490 ( 8720)
Destination 825 ( 825)

55565 (50544)

Buying the 07 from dealer stock, I got another $510 off and my price was $50034 .... the doc fee was $488. This is a negotiable price as is anything else (except an advertising fee) the dealer tries to list as an "add on." I split this with the salesman. $50322 was the final. Note how close this is to GSU. You should also note that this is about $200 below what web sites like Edmunds.com will show as the price people are paying for the car (Edmunds calls it TMV).

Run your 08 Vette from the window sticker as I did above and that's a ball park starting figure (within a couple hundred bucks). I think there are some forum vendors here who will come close to this ... if you go with a forum vendor, I'd recommend you take the NCM delivery for about $400 and enjoy the plant tour and the ride home ... that's what I'm going to do on my next Vette.
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Old Aug 16, 2007 | 02:13 PM
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Originally Posted by VetteATL
the doc fee was $488.
Holy crap, our doc fee in Texas is $50.
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Old Aug 16, 2007 | 02:45 PM
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Doc fees vary widely .... its just another dealer add on like "undercoating" used to be to boost the profit margin. I've got no porblem negotiating these fees with dealers when they appear.

The dealer has to make some money to pay employees, keep the lights on and pay the rent and and I'm willing to contribute to that .... to a point. That point is usually trying to buy at or near near GSU.
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