RCB1234

Contacted a local dealer wanting to place an order for a 2014. He said that GM had not released the final dealer pricing. Was surprised I had suggested retail and dealer cost points. Anyone have this issue? Thanks

JoesC5

I would say that he is not one of the 900 dealers that have allocations for the C7. Move on to a dealer that has C7's to sell, as he will know the price.

gthal

He doesn't know what he's talking about or he is messing with you. My dealer had all of the details we have online here. I'd go to another dealer.

ufaj26

He knows the pricing if he's getting any cars. Go to:

www.edmunds.com and price your car out. Also shows you dealer cost and MSRP. I worked mine up thru there just to see.

runutzzzzz

Find another dealer!

Sin City

I guess your dealer

1) doesn't use the internet

or

2) doesn't think anyone else use's the internet


Chances are that when he says GM hasn't finalized pricing, what he really means is the dealer hasn't finalized his mark up over MSRP yet.

Dave@Ciocca

Actually here's the story (since I hear it all of the time).

When a dealer goes into the system to order a car, it has the prices listed there. When there's a new model those prices aren't always there for a few months.

However, there is a different part of GM's dealer site where they can download a PDF with the most recent pricing for every model. That was release months ago (I think I was the first to post it here but I may be wrong) and was updated on July 15th.

Most salespeople don't have access to that pricing page since it includes dealer cost. Only his manager would have access to that page but many people don't even know that page exists.

So, when he see's no pricing on the order/spec page he assumes pricing isn't finalized yet.

Dave

RickConti@Coughlin

sad to hear, but why I am glad to be a nationwide specialist...

Happy to help any way I can...

Pirce list here, a few more accessoris ot be added, but this should help.
2014 PRICING HERE!

We were at the event in April when GM first announced pricing....

3 out of 4 I sell go out of state....let me know what else you need, I have guaranteed allocation!

Thank-you
Rick

RickDI

I thought they added the pricing to the system a week or two ago. My salesman said he sees it when building a car now.

Dave@Ciocca

There are actually 3 different ways a dealer can order a car and not all of them are updated yet.

Dave

RickDI

Thanks for the info. I didn't realize that.

Glenmcp

Prices were released months ago. Find a different dealer.

Greg00Coupe

Sad GM has this screwed up. How simple this is. Of course the configuration does not work either.....no it's not there!!!

To the original OP..... do your homework. There are already great deals out there off MSRP.

If you need your hand held pick a supporting dealer. But if you read, do your own and shop!!!!

RedC7AZ

Define "great".

Greg00Coupe

Under MSRP and not talking 100s......

C7pimp

Edmunds does not show dealer cost. There is a difference between market invoice and dealer invoice, and of course MSRP. The invoice price listed on Edmunds is not dealer invoice, it is market invoice.

The options I fill out for my car comes to $62k, invoice says it's about $56.6k.

The dealer cost, although I can't be 100% accurate is probably around $50-51k.


Dealerships receive rebates and incentives too that affect their cost that does not reflect on the invoice price.

A "good" deal is anywhere from 5-10% under msrp depending on the situation of the type of vehicle you are purchasing.

A little piece of information people ought to realize, that even at invoice pricing, the dealer is still making $5k on a corvette. That's a good profit per car.
Selling a Stingray $5k over msrp is getting stealerships over $15k profit on a single car.

Many dealerships are happy to sell at msrp right off the bat because it's better business, for example, to sell 50 cars at a $11k profit vs 15 cars at a $17k profit and gain a solid reputation and get repeat business.

I bought my current car new 7 1/2 years ago at invoice pricing of $26.1k with an MSRP of $30K. The dealer invoice was around $22k.



Since I'm not in line to get one right now because I'm waiting to see pricing and specs of the new Z06 next year because I may possibly just have to buy that awesomeness, I will be buying at significantly under msrp. I can wait 6 months to save a few thousand bucks.

Why do you think dealers are listing older "new" Grand Sport models for $12k under msrp? Because they are getting their money back, not taking a deficit hit.

Dave@Ciocca

I'm not sure where you get your numbers, but you are off a bit.

If a dealer sells the car at invoice, the only thing he will get is the hold back which is 3% of MSRP less the destination which he won't get till the end of the following quarter.

The difference between MSRP and Invoice is 9% of MSRP less the destination. Out of the 9% the dealer has to pay somewhere around 1.5% to 2% to the advertising group (it's built in).

So, if a dealer sells a car at MSRP he'll get 7% of MSRP less destination plus another 3% 3 to 6 months later. As far as incentives or rebates to the dealers, it's the same for customers. When the car is hot, there are none.

Dave


So, when a dealer sells a Corvette at MSRP he

ufaj26

I ran my car thru Edmunds and get 69,780 MSRP and Dealer Invoice shows 63,141 including Freight Divide the invoice of 63,141 by the MSRP of 69,780 and you get a diff of .90.... Kind of matches what Kerbeck is saying.

Dave@Ciocca

And I bet if you read the fine print is mentions the advertising that has to be added to the invoice but varies from region to region.

I would never give you bad info!

Dave

harley2

The Edmunds invoice price Is the dealer cost plus like Dave noted you have to add for advertising!