I am using Car Cost Canada.

Anyhoot, I am not ignorant to the fact, that Car Dealers also receive rebates, incentives, quota's commissions etc... that the Sales Manager will never talk about, let alone let the sales people in on.

So my question is, how much, % wise over the so called Cost price, can a buyer expect to pay, or is a dealer willing to "let it go for".



Chevrolet Grand Sport 1LT 7Speed Manual . . . $76,295 / $67,979
Freight … $2000 / $2000
- WHEELS GRAND SPORT BLACK-PAINTED ALUMINUM 19" X 10" FRONT AND 20" X 12"… $570 / $520
- Z07 PERFORMANCE PACKAGE … $9,195 / $8,092
- CALIPERS RED-PAINTED J6F … $685 / $ 603
- CARBON FLASH-PAINTED GROUND EFFECTS PACKAGE … $3,445 / $3,032
- VENTS EXTERIOR BODY-COLOUR PAINTED … $1,145 / $1,008
- FEDERAL AIR CONDITIONING EXCISE TAX … $100 / $100
GM Retail Excellence Program FEE . .. $ / $763
Car Cost Canada Cost $84,079


One Dealer said, "I need to make $3000 on the car, and we never discount much below suggested retail"

 

Stay away from dealers that don't discount very much from MSRP, as there are a lot of them that will.

You don't say where you are in Canada but if you check out the Auto Trader in Ontario there are a lot of dealers that are offering $3000 off MSRP (or even a bit more) on new 1LT 2018s and there are even better deals out there on remaining 2017s.

Also, the deals are even better on GS and Z06, more like $4000 to $5000 off MSRP.

 

Depends on where you are located and how much inventory is on the ground when you start getting close to making a deal. There is lots of new inventory at dealers in Alberta and most Autotrader.ca adds are posting discounts from MSRP. Discount of 10% to 12% off MSRP is not an unreasonable ask if you find the right car in inventory.

 

Do like I did last year. Wait until Sept - that is only a month away! The dealerships try a whole lot harder to get rid of their inventory. Last year Sept - GM put a 10% manufacturers discount deal on and the dealerships were discounting from there. Picked up mine for 20% off MSRP. So the dealer was discounting almost 10% and somehow I doubt they were losing money (hint that the dealer is not quite telling you the truth)! The challenge is that you have to pick from what is on the lot, lucky for me there was one spec'd exactly as I would have ordered.

 

Well, if the Cost to build out the car is $84,097 and the msrp is $94,198

I am looking to negotiate a deal at... Cost plus $2600 - $3000 so somewhere between $86,697 and $87,097 for a msrp $94,198

Is that reasonable, or are there other hidden discounts and rebates to be had?

By the way, I am in Montreal, and last year went to Ottawa to pick up a new vehicle using car cost canada, because none of the other local dealers for that brand wanted to negotiate from the ground up.

 

I'm looking at buying in Ontario. The MSRP for the car itself is $75,105 which seems to be a decent price relative to what other dealers are posting in Ontario.

It's a 1lt/Z51/7speed manual with a few upgrades. It's essentially what I want and I'm getting $3,476 off or 4.6% from MSRP for a cash deal. Included in the price is a Scotiabank $750 visa application. I've looked at unhaggle and think I can do better. I've been working on it for a while now.

I've been getting paid in USD and try not to think how many Canadian Pesos this transaction along with the HST is gonna cost me! I've been told they're making a total of 4k profit on the car.

As someone has already said, I can wait until September which isn't too far away and likely get a better price, but I like the car.

Good luck.

 

The savings on buying in September, for me anyways, Far outway the savings on two fronts.

1) You will probably have to compromise on option(s) or color combinations. And, that is compounded by the fact that if your shopping for a 7M, good luck with that since the ratio of automatics to manuals is 3 out of every 4 Vettes sold are automatic.

2) You will have a brand new car sitting in storage from October - April, and for myself, represents zero benefit tying up all that cash for 7 months.

Cheers

LormaD

 

But you'll be storing that car for that same time period every single year anyways, no matter when you purchase it.

 

That is an eventual fact, but personally, I won't have to store it for the 2017 - 2018 winter season.

It's just one less thing to bother with... Wash, wax, coat and protect everything, fill tank with fuel stabilizer. Then raise vehicle on wood blocks (I prefer removing the majority of the weight off of the wheels/tires, than unloading the complete unsprung weight) from frame, lower the windows a crack, and disconnect car battery and finally throwing on a car cover on. I am just saying.

If I save 1K or 1,5K, it's not worth it to me to buy it and then soon storing it.

 

You make is sound like it is a chore/annoyance to own a brand new C7 Corvette. You're going to have to go through this routine eventually. It should not take more than half an hour to complete the "bother" other than the wash, wax, coat and protect (varies greatly by individual).

You are price conscious as stated by your posts, but are willing to toss out $1000 - $1500 out the door because of "bother".

Just sayin'

Good luck with your journey.

 

Wow, how friendly of you for sharing your opinion. So helpful

If you took into fact, that I can make considerably more money by keeping 100K in my pocket over 7 months, and generate WELL over 1-1.5K in profit. Then yes I would rather make money, not go through the storing process and waite to order my vehicle in January / February 2018.

Just stating facts.

 

Last year I took deliver Sept 15 and was able to drive it until the end of November. Results may vary depending on mother natures mood.

 

^^^ True! The OP still hasn't said where in Canada he lives, but I know that here in the Toronto area we really don't often get an entire winter where it's impossible to take a Corvette out for a spin on completely dry salt free roads. Last winter was a great one for that, I never went more than a couple of weeks in between drives in my Corvette.

 

Looking at this another way - I drove mine for 2 1/2 months which was enough of a taste to get used to the car, and get it over the 500 mile break in. Then yes, took great care to store it properly. Then all winter I could see it there and in great anticipation KNOW that as soon as the weather was better I could get it out and start driving it in the spring.

If you don't buy in the fall and wait until spring the '17 inventory will be totally gone and you'll be paying top $ for an '18. I easily saved an extra 10% - so for $6 or $7K will I store it for the winter? Heck ya!

IMHO much better choice to buy in Sept.

 

Well, if the Cost to build out the car is $84,097 and the msrp is $94,198

I am looking to negotiate a deal at... Cost plus $2600 - $3000 so somewhere between $86,697 and $87,097 for a msrp $94,198

Is that reasonable, or are there other hidden discounts and rebates to be had?

By the way, I am in Montreal, and last year went to Ottawa to pick up a new vehicle using car cost canada, because none of the other local dealers for that brand wanted to negotiate from the ground up.

I have gotten two dealers to give me cost, plus 3%, and another dealer to offer me cost plus 3000$ over cost price.
That is where I am at, at the moment.

I guess the "unknown", is if there is any hidden manufacture cost rebates, that is not available to sources like CarCostCanada, or UnHaggle.

I had many companies before, and one company that I had, the manufacturer offered dealers like myself, pricing based on volume. It was a tier pricing, where the same item ordered cost considerably less if purchased in a total volume over a given time period exceeding a set amount.

i.e. 1-30 corvettes for the 1st quarter, cost i.e. $69,000 and that same corvette ordered over the same period, if the total volume exceeded 30+ units would cost $57,000 (theoretical numbers).

- - - -

As for driving any summer vehicle over the end of season, it is usually easier. The roads as a rule are clear of debris (no salt, no sand or grit) and the colder air never hurts the engine. So, unless a dealer calls me up and says "have I got a deal for you", I don't mind waiting it out til next spring.

For me, a C7 would be my summer toy. And like my present summer toy, I will only drive it in perfect summer days (never rain, never to run errands with, and not as a daily driver). I will not park it on public streets, nor take it to the "mall" to pick something up. But, when time permits, having a go on track days (once the vehicle has gone through a proper break in period), or simply taking it out to just DRIVE.

Cheers,

LormaD

 

I bit the bullet. I'll soon be driving a 2018. I got what I thought was a reasonable price. I didn't pay msrp, they took several thousand off that, plus the scotiabank cc application saves me $750, plus my students discount saves me another $750.

The car is the only 1lt/z51/torch red/7mn in the province. It's virtually identical to what my C6 was. The only thing it lacks is the red calipers which can be easily remedied. That can wait until spring.

I am moving to London, Ontario where the winter's for Canada are fairly moderate. I'd like to be able to drive it a few times during the winter months. Needs new tires.

 

I like your last words how you drive and treat your car, exactly same here

 

I personally think that 3% above cost is a great deal if you are able to get exactly the Vette you are looking for. But if you are willing to wait, the in the winter momths you should be able to get closer to cost if not at cost for remaining 2017s. At that time, you'd basically have the leftovers to choose from. You'd be lucky if you are able to get one exactly the way you wanted.

In regards to tired pricing, doesn't exist for Automobile sales. There are dealer "hold-backs" from the manufacturer which may be offered to dealerships to encourage them to push the sales of certain models. However, my understanding is that is little to no dealer hold-backs on Corvettes in Canada due to the small volume of sales. If you look at the US, to make the top 50 in dealer sales for Corvettes for the first 7 months of the year, you would need to sell 34 Corvettes YTD. In Canada there are about 450 dealers and 1272 Corvettes sold YTD July 2017. That's an average of just under 3 Corvettes per dealership. Just not enough volume for the Manufacturer to offer incentives to the dealers.