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Ordering a 2016, at invoice.

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Old Jan 5, 2016 | 01:26 PM
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Default Ordering a 2016, at invoice.

A local dealer agreed to order one and sell it to me at invoice pricing. Is that a good enough deal, or can I do better? I see discounts from forum dealers (and I don't know if the discounted prices are invoice or not), also those are for cars sitting on their lots, and they are not how I'd spec my car, not to mention I'll have to pay for shipping.
Thanks,

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Old Jan 5, 2016 | 01:28 PM
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I was able to get $700 below invoice.

Mine is on special order as we speak. Factory fresh.

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Old Jan 5, 2016 | 01:29 PM
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Originally Posted by 427Z0SX
A local dealer agreed to order one and sell it to me at invoice pricing. Is that a good enough deal, or can I do better? I see discounts from forum dealers (and I don't know if the discounted prices are invoice or not), also those are for cars sitting on their lots, and they are not how I'd spec my car, not to mention I'll have to pay for shipping.
Thanks,
Ordered my 2016 Z51 at Invoice, less Credit Union $750 (no longer available), and the dealer dipped into their Holdback $s. IMO, cannot do much better than that on an ordered Z51 convertible or coupe.
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Old Jan 5, 2016 | 01:30 PM
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Originally Posted by 427Z0SX
A local dealer agreed to order one and sell it to me at invoice pricing. Is that a good enough deal, or can I do better? I see discounts from forum dealers (and I don't know if the discounted prices are invoice or not), also those are for cars sitting on their lots, and they are not how I'd spec my car, not to mention I'll have to pay for shipping.
Thanks,
What's the percentage discount? My 2016 in stock Z51 LT2 was 12% off sticker which I believe to be about $1000 under employee pricing. MacMulkin still has a few at that price.
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Old Jan 5, 2016 | 01:30 PM
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Originally Posted by 427Z0SX
A local dealer agreed to order one and sell it to me at invoice pricing. Is that a good enough deal, or can I do better? I see discounts from forum dealers (and I don't know if the discounted prices are invoice or not), also those are for cars sitting on their lots, and they are not how I'd spec my car, not to mention I'll have to pay for shipping.
Thanks,
Check out the forum sponsoring dealers... Kerbeck, MacMulkin, Criswell etc - they are routinely 9-12% off MSRP. If you end up saving thousands, what's $500 or more to ship the car to you?
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Old Jan 5, 2016 | 01:39 PM
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Originally Posted by Cur
Check out the forum sponsoring dealers... Kerbeck, MacMulkin, Criswell etc - they are routinely 9-12% off MSRP. If you end up saving thousands, what's $500 or more to ship the car to you?
Is 9-12% off = invoice price? Also, those are for cars on the lot. None are optioned like what I'd want.
I didn't know shipping was only $500. That's not a problem then.
Thanks,

Last edited by 427Z0SX; Jan 5, 2016 at 01:41 PM.
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Old Jan 5, 2016 | 01:47 PM
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Originally Posted by 427Z0SX
Is 9-12% off = invoice price? Also, those are for cars on the lot. None are optioned like what I'd want.
I didn't know shipping was only $500. That's not a problem then.
Thanks,
Invoice can be whatever a dealer wants it to be. Most people think "good deal" when that is referenced. I would go by "out the door" price. Who's got the lowest, including fees.

I was quoted 9% off MSRP for a 2016 2LT I was considering for a factory order from MacMulkin.
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Old Jan 5, 2016 | 02:07 PM
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Originally Posted by 427Z0SX
I didn't know shipping was only $500. That's not a problem then.
Thanks,
A $1 a mile is a more realistic number
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Old Jan 5, 2016 | 02:13 PM
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I too plan to order a 3LT 2017 Corvette when it comes out. I heard you can have the z06 grill installed from factory and side skirts as well. (This is important to me because the 3LT comes with front cameras and it might be expensive to swap grills with a built in camera)

Best offer so far is 9% off MSRP + No paperwork fee. I wonder which forum dealers are willing to beat that. If I can get 12% off, I make the drive from VA to any state to get that car.

Last edited by Bui; Jan 5, 2016 at 02:14 PM.
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Old Jan 5, 2016 | 02:20 PM
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Originally Posted by 427Z0SX
Is 9-12% off = invoice price? Also, those are for cars on the lot. None are optioned like what I'd want.
I didn't know shipping was only $500. That's not a problem then.
Thanks,
I'm not saying shipping is only $500. Could be more, or less, depending on distance. Or could be a flat dealer fee if you order at one dealer and have it shipped to one closest to you.

I was trying to make a point that if you buy at another dealer that ships and does large volume (lower prices) and you end up saving $2000 (made up number), you still might save $1000 (another made up number) by doing that deal and having it shipped.

Research is key. Don't buy on a whim.
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Old Jan 5, 2016 | 02:23 PM
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Originally Posted by 427Z0SX
Is 9-12% off = invoice price? Also, those are for cars on the lot. None are optioned like what I'd want.
I didn't know shipping was only $500. That's not a problem then.
Thanks,
i think you will find that a car shipped from an east coast dealer to CA is around $2000. However, if you order the car from the dealer, it will ship from the Bowling Green factory to a courtesy dealer in CA. The dealer will give you names of courtesy dealers in your area. Courtesy dealers determine there own cost which can range between $300 to $1000.
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Old Jan 5, 2016 | 02:23 PM
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Originally Posted by 427Z0SX
Is 9-12% off = invoice price? Also, those are for cars on the lot. None are optioned like what I'd want.
I didn't know shipping was only $500. That's not a problem then.
Thanks,
You don't have to have it shipped if you buy out of state, you can arrange a courtesy delivery with a local dealer and the car is shipped from the factory to the courtesy dealer-typically $300-500 paid to the courtesy dealer by you. You do the deal with the "far away dealer" and pay him and pick up the car at the "nearby dealer".
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Old Jan 5, 2016 | 02:26 PM
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No one pays MSRP anymore as C7 has been out for three years. I think Invoice is a good starting point on price nego. Seems your dealer is reasonable as some would not offer that. Getting an out the door price as Cur mentioned is a solid rec. If you have to travel a long distance and stay over night etc. not sure you save much. May want to take the dealer offer to other dealers to see if the offer price holds up under competition. If you find the car, color and features you want at invoice consider the deal. I would not settle for another color or less features that you want to save $. Getting the car you want will matter over time. Good Luck!

Last edited by Nice Ride; Jan 5, 2016 at 02:28 PM.
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Old Jan 5, 2016 | 02:35 PM
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Originally Posted by 427Z0SX
Is 9-12% off = invoice price? Also, those are for cars on the lot. None are optioned like what I'd want.
I didn't know shipping was only $500. That's not a problem then.
Thanks,
The discount referred to for forum dealers is off of MSRP, which won't (or shouldn't) vary dealer to dealer. When I ordered in July the discount off of MSRP for factory orders spec'd as I wanted was better than for vehicles they had in stock (and amounted to better than invoice or even a few hundred off of "invoice"). Right now dealers may be pushing what they already have in stock at a better/higher discount off MSRP than they would offer for an ordered vehicle. Only way to find out is to ask the forum dealers. FWIW I ordered through MacMulkin after comparing their price with Kerbeck and was very pleased, MM was terrific to deal with.

Also, as others have posted, you should really be asking and comparing bottom line numbers out the door, etc. as some dealers charge fees for certain services (such as handling your home state registration and plates). MM does not, they give you a temporary plate and registration, plates and sales taxes are your issue to take care of on your own time/nickel.

I say shop around for what you really want, and even if its a few dollars more and a couple of weeks until you take delivery of a car spec'd exactly the way you want, it will be worth it in the end.

Don't forget to share pics and info regarding your forthcoming new ride! Good luck!

Last edited by l.i. bruce fan; Jan 5, 2016 at 02:36 PM.
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Old Jan 5, 2016 | 02:48 PM
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Originally Posted by Corgidog1
You don't have to have it shipped if you buy out of state, you can arrange a courtesy delivery with a local dealer and the car is shipped from the factory to the courtesy dealer-typically $300-500 paid to the courtesy dealer by you. You do the deal with the "far away dealer" and pay him and pick up the car at the "nearby dealer".
with the above. Best way to go.

I paid $1300 less than supplier pricing. I had no idea what the invoice price was or employee pricing. I didn't care. I knew I got a good deal and couldn't squeeze any more out of the dealer. But since I bought my 2015 1LT off a dealer's lot, the cost to ship from Independence, MO to Las Cruces, NM (928 miles) was $900, just about $1.00 per mile. Took 2 days for the transport of the car.

So my bottom line was 12.4% off MSRP + $900 to ship. Of course, a dealer fee was charged for the document paperwork of $199.00. I figured the transport, dealer fee and the 3% sales tax I paid here in NM was simply a cost of doing business that I will never recover once sold in a private sale or future trade-in.

Try your best to have the car shipped as a courtesy delivery from the Corvette plant as CF member Coridog1 has suggested.

His advice is rock solid.

Last edited by nmvettec7; Jan 5, 2016 at 02:50 PM.
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Old Jan 5, 2016 | 03:32 PM
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Originally Posted by Bui
I too plan to order a 3LT 2017 Corvette when it comes out. I heard you can have the z06 grill installed from factory and side skirts as well. (This is important to me because the 3LT comes with front cameras and it might be expensive to swap grills with a built in camera)

Best offer so far is 9% off MSRP + No paperwork fee. I wonder which forum dealers are willing to beat that. If I can get 12% off, I make the drive from VA to any state to get that car.

Where did you hear that? I'm waiting for the 2017 Corvette changes to be announced (and I'm guessing the Bash at the end of April will be when we know).
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Old Jan 5, 2016 | 03:34 PM
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Simply call the #1 Corvette Dealer in the USA....

Kerbeck

a Corvette Forum Dealer
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Old Jan 5, 2016 | 03:50 PM
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Originally Posted by 427Z0SX
A local dealer agreed to order one and sell it to me at invoice pricing. Is that a good enough deal, or can I do better? I see discounts from forum dealers (and I don't know if the discounted prices are invoice or not), also those are for cars sitting on their lots, and they are not how I'd spec my car, not to mention I'll have to pay for shipping.
Thanks,
no discount on shipping, dealer pays same. remove it from your numbers before you calculate, then add full amount back

invoice for car is 93% , options are close enough to that to just call factory invoice at 93%, it will get you within a $100 of the correct number. Every GM car has a dealer holdback number of 3% which is rebated back to the dealer. Dealers also get factory to dealer incentives (not a consumer rebate - it varies and is not a published number) Then there is a consumer rebate. None currently offered on the C7 other than the credit union. One last thing, dealers also get what is called transportation certificates worth $250 each. They get allotments at the beginning of the month depending on what they do for loaners. They can give you up to 4 of those.

Ok, so to refresh, cost is 93% plus the holdback so they can sell at 90% with no other incentive and break even. Consumer rebates are separate and don't affect the dealer, should be straight pass through. Dealers also have access to another $1000 if they want to share 4 transport certs with you, and I have no idea when the credit union is and isn't available but again doesn't cost the dealer so just make sure you get it if it is available.

60k car example, cost with holdback is 54k minus 1000 in certs is 53k. You can also buy or use your own GM card rebates up to 3000.

Yes there are dealers who are selling for more than 10% plus 1000 off. They do so to increase their allocation and I'm sure the big dealers get month, quarter, or year end unit bonus to offset.

Just like other products, so people pay sticker while others get the deal of a lifetime. Some will say the dealer never sells cars at a loss. This isn't true. They don't sell the average at a loss, but some are in order to get the volume they get. If they didn't sell some at a loss they probably wouldn't have those sales and without those sales they don't get the volume factory to dealer rebate. Ultimately selling some at what appears to be a loss makes the ones they make a profit on a lot more profitable and the ones that in theory look like a loss to be a lot less of one or even break even.

BTW, if anyone is looking to buy a GM truck.... pretty hard to beat Laura GMC east side of STL right before model year change. This past Aug they had Denali's at 12k off sticker.

Last edited by douginkc; Jan 5, 2016 at 03:59 PM.
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Old Jan 5, 2016 | 03:56 PM
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Or MacMulkin, who is also a Corvette Forum Dealer (#2 in volume sales). They gave me 9.5% off MSRP and I paid $500 for a Courtesy delivery on a new order built in Bowling Green. Only took 5 weeks to get exactly what I wanted.

I suggestion you 'build your own' on the Chevy website to see what the MSRP pricing is or the Truecar website, which will show MSRP, Invoice and what others are paying. You should be able to get an out the door price of at least 9% below MSRP, which is much less than the Invoice price.
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Old Jan 5, 2016 | 04:07 PM
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Originally Posted by 427Z0SX
Is 9-12% off = invoice price? Also, those are for cars on the lot. None are optioned like what I'd want.
I didn't know shipping was only $500. That's not a problem then.
Thanks,
Employee pricing is 4% below invoice ( easy to identify that with any of the pricing tools out there). 2016s are discounted less than 2015s - the invoice price was raised.

The above does not account for the sticker freight - not part of the equation - everyone pays unless your dealer absorbs it.
Under employee plan you pay an additional $250.
Dealer gets $500 from GM.

If you can do any better "good on ya".
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