Price Increase Question
Thread Starter
Racer
Joined: Nov 2013
Posts: 399
Likes: 12
From: Vancouver Washington
Price Increase Question
I currently have a deposit down on a 2015 C7 through a dealer. I asked him about future price increases once I have placed my order with them in the coming months. If I understood him correctly, He said that I am not protected as GM charges them for the increase.
I have read the dealers "Terms and Conditions" and it states
"In the event the price to the dealer of a new motor vehicle ordered hereunder is changed by the manufacturer prior to delivery of the motor vehicle ordered, The dealer reserves the right to change the cash delivered price of such motor vehicle accordingly".
From what I have gathered so far, Gm has said they will honor the old price if you had an insisting order. Although I haven't found anything from GM officially.
It appears that the dealer would not pay for the price increase but will pass it along to me. These price increases can be significant hence the clarification ( last one was $3200 for a Z51).
Thoughts?
I have read the dealers "Terms and Conditions" and it states
"In the event the price to the dealer of a new motor vehicle ordered hereunder is changed by the manufacturer prior to delivery of the motor vehicle ordered, The dealer reserves the right to change the cash delivered price of such motor vehicle accordingly".
From what I have gathered so far, Gm has said they will honor the old price if you had an insisting order. Although I haven't found anything from GM officially.
It appears that the dealer would not pay for the price increase but will pass it along to me. These price increases can be significant hence the clarification ( last one was $3200 for a Z51).
Thoughts?
AIR FORCE VETERAN
Joined: Nov 2009
Posts: 6,223
Likes: 441
From: Pennsylvania
He can not protect you because the 2015 prices have not been announced. The current pricing is for 2014. Each model year of ANY car comes with new pricing. That pricing may be the same but it is still the price of a new model year.
You are going to love your car!
You are going to love your car!
Le Mans Master
Joined: Mar 2000
Posts: 9,127
Likes: 2,326
From: Pottsville, PA. USA Home Of America's Oldest Brewery Yuengling
Once your order is place and you have the order number your order is price protected. The dealer will get the difference back from GM. If you change anything on the order after the price increase you will have to pay the new price.
If your dealer will not honor the ordered price then find another dealer now before it is to late.
If your dealer will not honor the ordered price then find another dealer now before it is to late.
Thread Starter
Racer
Joined: Nov 2013
Posts: 399
Likes: 12
From: Vancouver Washington
Once your order is place and you have the order number your order is price protected. The dealer will get the difference back from GM. If you change anything on the order after the price increase you will have to pay the new price.
If your dealer will not honor the ordered price then find another dealer now before it is to late.
If your dealer will not honor the ordered price then find another dealer now before it is to late.
Regards
Thread Starter
Racer
Joined: Nov 2013
Posts: 399
Likes: 12
From: Vancouver Washington
Pro
Joined: Dec 2013
Posts: 642
Likes: 41
From: Between Forest Lake and White Bear Lake in the Land of 10,000+ lakes
Pro
Joined: Dec 2013
Posts: 642
Likes: 41
From: Between Forest Lake and White Bear Lake in the Land of 10,000+ lakes
Once your order is place and you have the order number your order is price protected. The dealer will get the difference back from GM. If you change anything on the order after the price increase you will have to pay the new price.
If your dealer will not honor the ordered price then find another dealer now before it is to late.
If your dealer will not honor the ordered price then find another dealer now before it is to late.
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Thread Starter
Racer
Joined: Nov 2013
Posts: 399
Likes: 12
From: Vancouver Washington
Pro
Joined: Dec 2013
Posts: 642
Likes: 41
From: Between Forest Lake and White Bear Lake in the Land of 10,000+ lakes
I currently have a deposit down on a 2015 C7 through a dealer. I asked him about future price increases once I have placed my order with them in the coming months. If I understood him correctly, He said that I am not protected as GM charges them for the increase.
I have read the dealers "Terms and Conditions" and it states
"In the event the price to the dealer of a new motor vehicle ordered hereunder is changed by the manufacturer prior to delivery of the motor vehicle ordered, The dealer reserves the right to change the cash delivered price of such motor vehicle accordingly".
From what I have gathered so far, Gm has said they will honor the old price if you had an insisting order. Although I haven't found anything from GM officially.
It appears that the dealer would not pay for the price increase but will pass it along to me. These price increases can be significant hence the clarification ( last one was $3200 for a Z51).
Thoughts?
I have read the dealers "Terms and Conditions" and it states
"In the event the price to the dealer of a new motor vehicle ordered hereunder is changed by the manufacturer prior to delivery of the motor vehicle ordered, The dealer reserves the right to change the cash delivered price of such motor vehicle accordingly".
From what I have gathered so far, Gm has said they will honor the old price if you had an insisting order. Although I haven't found anything from GM officially.
It appears that the dealer would not pay for the price increase but will pass it along to me. These price increases can be significant hence the clarification ( last one was $3200 for a Z51).
Thoughts?
Good luck.
Thread Starter
Racer
Joined: Nov 2013
Posts: 399
Likes: 12
From: Vancouver Washington
Thanks for the clarification. The question I presented him with was once the 2015 order books are open and I place my order, am I protected against subsequent increases between order and delivery. His answer was that I am not protected and the dealer has written that into their Additional Terms and Conditions.
Romaja, what I think you're not understanding is, you can't lock in 2014 pricing for a 2015 model no matter who you buy from. The 2015's will be higher priced and if you put money down now on a 2015, you will be price protected only on any future price increases after the new 2015 prices come out.
Good luck.
Good luck.
Happy Easter!
Pro
Joined: Dec 2013
Posts: 642
Likes: 41
From: Between Forest Lake and White Bear Lake in the Land of 10,000+ lakes
Sorry for the confusion. I might have not made myself clear. I have added quotes from another reply of mine above. I have no expectation on getting 2014 pricing. Yes, I realize that 2015 is not available. My dealer has told me that when I place my 2015 order ( we then know the pricing ) that if their are any 2015 price increases between the time I place an order and time of delivery I will be responsible for that additional amount.
Happy Easter!
Happy Easter!
Thread Starter
Racer
Joined: Nov 2013
Posts: 399
Likes: 12
From: Vancouver Washington
AIR FORCE VETERAN
Joined: Nov 2009
Posts: 6,223
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From: Pennsylvania