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GMS Pricing

 
Old 02-10-2019, 08:23 PM
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V RED 08
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Default GMS Pricing

Amyone rember the first dealer to offer Employee Pricing on the C7? I think it was March 2015 and may have been a Mich. dealer.
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Old 02-10-2019, 08:44 PM
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Itís not a dealer specific choice. GMS pricing is not available on release and only when GM allows it is it available to those that qualify. Same with Employee pricing.
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Old 02-10-2019, 09:59 PM
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Originally Posted by Kerns View Post
It’s not a dealer specific choice. GMS pricing is not available on release and only when GM allows it is it available to those that qualify. Same with Employee pricing.
I got GMS pricing on my 2015 order. I took museum delivery on that car on September 5, 2014. Order would have been placed early Spring where I was #1 at a large allocation dealership for a 2015. GMS is employee pricing.

Last edited by Dr. ice; 02-10-2019 at 10:00 PM.
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Old 02-10-2019, 11:30 PM
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Originally Posted by V RED 08 View Post
Amyone rember the first dealer to offer Employee Pricing on the C7? I think it was March 2015 and may have been a Mich. dealer.
I got my 2014 in April 2014 from Les Stanford Chevrolet - GMS pricing. Ordered in February before GMS was allowed - hedging my bets - with their agreement.
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Old 02-11-2019, 12:13 AM
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If you're looking for a discounted order on a new C8, you'll have to wait about 6 months after initial shipments to get that.
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Old 02-11-2019, 12:38 AM
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Originally Posted by V RED 08 View Post
Amyone rember the first dealer to offer Employee Pricing on the C7? I think it was March 2015 and may have been a Mich. dealer.
Les Stanford in Michigan. That's where I got my 14 with supplier discount.
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Old 02-11-2019, 12:48 AM
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I got the credit union discount in Aug '14. When did that start?

Last edited by TBRDS; 02-11-2019 at 12:54 AM.
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Old 02-11-2019, 01:12 AM
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how much is the gms pricing discount? what percentage of the msrp did you save?

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Old 02-11-2019, 02:30 AM
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What the heck is GMS?
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Old 02-11-2019, 08:22 AM
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Originally Posted by z8ra View Post
how much is the gms pricing discount? what percentage of the msrp did you save?
GMS is around 9% and employee is around 11%. Could have changed in the last few years, but that's what it was in 2014.
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Old 02-11-2019, 08:23 AM
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Originally Posted by ojm View Post
What the heck is GMS?

GM Supplier discount.
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Old 02-11-2019, 08:40 AM
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GMS pricing offered on my '15 ordered Oct 2014. Was a 9% discount back then, and I believe the dealer told me that was $200 over invoice.

At that time, I had a couple options for the offer, either membership in a credit union or via educator credentials (wife is a teacher). I chose credit union - went down to local credit union open to all residents in the area, opened an account with $200, and then was able to use the discount. Pulled the money and closed the CU account the following year. At the time, putting that $200 on deposit six months with a CU enabled a $6,900 discount from MSRP.

I'm anticipating that it'll be some time before such discounts show up on the C8.
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Old 02-11-2019, 09:05 AM
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And this thread is in the C8 because???????
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Old 02-11-2019, 09:41 AM
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Originally Posted by roadbike56 View Post
And this thread is in the C8 because???????
My guess is because they are trying to infer when GMS pricing might be available on the C8 after it comes out
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Old 02-11-2019, 09:50 AM
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Not quite correct.

GMS is GM employee pricing

Supplier discount is what GM gives their suppliers for a discount. It is less then what GM employee pricing is.


Originally Posted by Plexoer View Post
GM Supplier discount.
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Old 02-11-2019, 10:29 AM
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I am not sure when GMS pricing changed on C7 but GMS on my first 15' C7 Z51 was 12.4% discount, then 11.6% on my 16' Z51 and then dropped to 10.4% on the next couple of Z06s I got. Employee pricing is pretty much a joke now as you can do significantly better just off the street. The key is to find the dealers that will work additional % discount over your discount code, many will say it's against their agreement but some will figure out how to make it work.
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Old 02-11-2019, 11:49 AM
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Originally Posted by bd377103 View Post
I am not sure when GMS pricing changed on C7 but GMS on my first 15' C7 Z51 was 12.4% discount, then 11.6% on my 16' Z51 and then dropped to 10.4% on the next couple of Z06s I got. Employee pricing is pretty much a joke now as you can do significantly better just off the street. The key is to find the dealers that will work additional % discount over your discount code, many will say it's against their agreement but some will figure out how to make it work.
Yeah, GMS isn't what it used to be. I know it's not the same car, but GMS on a ZL1 is only about 3.2% off list, which isn't a great deal. GM could change the pricing of the C8, and reduce it from the 10%. It's going to be almost impossible to get GMS on a C8 at a local dealer for me. Thankfully, there are forum dealers who sell at volume and will be more willing to honor GMS pricing.
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Old 02-11-2019, 09:59 PM
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Planing ahead to save $10-$12000 om C8!
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Old 02-11-2019, 11:31 PM
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Originally Posted by lgodom View Post
Yeah, GMS isn't what it used to be. I know it's not the same car, but GMS on a ZL1 is only about 3.2% off list, which isn't a great deal. GM could change the pricing of the C8, and reduce it from the 10%. It's going to be almost impossible to get GMS on a C8 at a local dealer for me. Thankfully, there are forum dealers who sell at volume and will be more willing to honor GMS pricing.
For those that may remember ... GMS, while still an employee discount, isn’t quite what GM’s “Class A” discount (for upper level salaried employees) used to be back in the ‘60s and 70’s. I remember getting a really loaded 1969 Z28 (yeah I still regret selling that one!) that retailed for almost $4200 back in those days for around $3200 because my dad was able to get that discount. The percentage off retail was crazy. It was something like 24%. You could buy a new car with that discount, drive it for a year then sell it and actually MAKE money on the sale! The mid to late ‘70s saw the use of “balloon notes” that were crazy as well. A lot of GM employees made a ton of money because of those until GMAC finally realized what they were doing. Those were the days of getting cool cars and then turning them to fill your pockets!

Last edited by dreamr616; 02-11-2019 at 11:33 PM.
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Old 02-11-2019, 11:40 PM
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Originally Posted by bd377103 View Post
I am not sure when GMS pricing changed on C7 but GMS on my first 15' C7 Z51 was 12.4% discount, then 11.6% on my 16' Z51 and then dropped to 10.4% on the next couple of Z06s I got. Employee pricing is pretty much a joke now as you can do significantly better just off the street. The key is to find the dealers that will work additional % discount over your discount code, many will say it's against their agreement but some will figure out how to make it work.
The actual discount varies wildly by vehicle and trim and supply. Same goes for Ford, I had a family and friends plan when I bought my Mustang new, I worked out a better deal than it with the dealer.
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