Dealer question
Thread Starter
Racer
Joined: Jan 2021
Posts: 308
Likes: 177
From: Massachusetts
Dealer question
A local dealer called me (nephew of a friend of mine) who said I can go on his list. Not gonna do it since I'm on Macmulkins list already. Dealer said he got his 36 allocation and I would be #2 on his new list for the "next set of allocations". That dealer in 2019 got 60 allocations for the year. The salesman also said they deliver about 7 cars a month.
Question, I thought they were given out monthly? I doubt that 36 is their monthly allocations. Dealer said, being #2 on their list would get me my car in about 9 months. Still longer than my expected time with MacMulkin. Is it possible to get bi-yearly allocations?
Also he said I had to finance the car for at least 6 months. Doesn't need to be with them, just I can't come in with cash. Why would they say that?
On a good note, he did say the cost was MSRP- $500.00. Still don't think I'll take myself off MM's list.
Question, I thought they were given out monthly? I doubt that 36 is their monthly allocations. Dealer said, being #2 on their list would get me my car in about 9 months. Still longer than my expected time with MacMulkin. Is it possible to get bi-yearly allocations?
Also he said I had to finance the car for at least 6 months. Doesn't need to be with them, just I can't come in with cash. Why would they say that?
On a good note, he did say the cost was MSRP- $500.00. Still don't think I'll take myself off MM's list.
Last edited by Ophthos; Feb 5, 2021 at 11:54 AM.
Popular Reply
Feb 5, 2021, 05:35 PM
Platinum Supporting Dealership
Joined: Jul 2004
Posts: 4,488
Likes: 4,122
From: Nashua NH
If that "other" dealer told you they're getting 36 - now divide that by 3 which comes out to 12 orders per month.
Of course, it's totally your decision and if you would prefer to go with a dealer that wants to make you finance it for at least six months, that's up to you.
However, we'd be really bummed....you wouldn't get an awesome delivery experience...and we wouldn't get any warm fuzzies from you.
Moderator
Joined: Feb 2006
Posts: 39,115
Likes: 17,972
From: DFW Area TX
Your dealer got their notice of their second three-month expected allocations (will cover Feb, Mar and Apr). Actual allocations are given out monthly for the C8. 36 is how many Chevy told them they can expect to get over the 3 month period.
The "must finance car for at least 6 months" is a big red flag. They will make you finance through them - this is a profit generator for the dealer.
The "must finance car for at least 6 months" is a big red flag. They will make you finance through them - this is a profit generator for the dealer.
Thread Starter
Racer
Joined: Jan 2021
Posts: 308
Likes: 177
From: Massachusetts
Either way, MacMulkin is only 50 minutes from me and they have such a overwhelming amount of positive feedback and have been totally transparent with me about the process, I'll stick with them.
Thanks for the info everyone.
Platinum Supporting Dealership
Joined: Jul 2004
Posts: 4,488
Likes: 4,122
From: Nashua NH
If that "other" dealer told you they're getting 36 - now divide that by 3 which comes out to 12 orders per month.
Of course, it's totally your decision and if you would prefer to go with a dealer that wants to make you finance it for at least six months, that's up to you.
However, we'd be really bummed....you wouldn't get an awesome delivery experience...and we wouldn't get any warm fuzzies from you.
Burning Brakes
Joined: Jul 2016
Posts: 1,239
Likes: 823
From: Wilmington Ma
A local dealer called me (nephew of a friend of mine) who said I can go on his list. Not gonna do it since I'm on Macmulkins list already. Dealer said he got his 36 allocation and I would be #2 on his new list for the "next set of allocations". That dealer in 2019 got 60 allocations for the year. The salesman also said they deliver about 7 cars a month.
Question, I thought they were given out monthly? I doubt that 36 is their monthly allocations. Dealer said, being #2 on their list would get me my car in about 9 months. Still longer than my expected time with MacMulkin. Is it possible to get bi-yearly allocations?
Also he said I had to finance the car for at least 6 months. Doesn't need to be with them, just I can't come in with cash. Why would they say that?
On a good note, he did say the cost was MSRP- $500.00. Still don't think I'll take myself off MM's list.
Question, I thought they were given out monthly? I doubt that 36 is their monthly allocations. Dealer said, being #2 on their list would get me my car in about 9 months. Still longer than my expected time with MacMulkin. Is it possible to get bi-yearly allocations?
Also he said I had to finance the car for at least 6 months. Doesn't need to be with them, just I can't come in with cash. Why would they say that?
On a good note, he did say the cost was MSRP- $500.00. Still don't think I'll take myself off MM's list.
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Burning Brakes
Joined: Jul 2016
Posts: 1,239
Likes: 823
From: Wilmington Ma
Right now, allocation is being doled out to dealers on a quarterly basis. Not bi-weekly or monthly. And we have no control in how GM hands out the allocation. In three months, they might say allocation will go back to a monthly basis, or they could stay on a quarterly plan. There's no way to predict that.
If that "other" dealer told you they're getting 36 - now divide that by 3 which comes out to 12 orders per month.
Of course, it's totally your decision and if you would prefer to go with a dealer that wants to make you finance it for at least six months, that's up to you.
However, we'd be really bummed....you wouldn't get an awesome delivery experience...and we wouldn't get any warm fuzzies from you.
If that "other" dealer told you they're getting 36 - now divide that by 3 which comes out to 12 orders per month.
Of course, it's totally your decision and if you would prefer to go with a dealer that wants to make you finance it for at least six months, that's up to you.
However, we'd be really bummed....you wouldn't get an awesome delivery experience...and we wouldn't get any warm fuzzies from you.
Last edited by Italianfox; Feb 5, 2021 at 05:56 PM.
Moderator
Joined: Feb 2006
Posts: 39,115
Likes: 17,972
From: DFW Area TX
Platinum Supporting Dealership
Joined: Jul 2004
Posts: 4,488
Likes: 4,122
From: Nashua NH
We're well aware of the games some dealerships play and we see the comments here in the forums. The Corvette is a dream car to many people and our customers are important to us. Like someone else posted in another thread, we prefer to have a customer for life rather than just for a sale. We have a saying: "when you buy a Corvette from us, you're not just another customer, you're a member of our Corvette family".
Last edited by MacMulkin; Feb 5, 2021 at 06:48 PM.
Platinum Supporting Dealership
Joined: Jul 2004
Posts: 4,488
Likes: 4,122
From: Nashua NH
I think it's great that MM is active on this forum to debunk misinformation and provide advice. But moreover, it says to me that you are interested in and care about the content of the posts, a lot of which are posted by your customers. Just another feather in your cap as a FIRST CLASS dealer. That's why my 3rd Vette from you is hanging at 3400 with the shutdown. I visited MM yesterday as I am only 10 miles away.
Burning Brakes
Joined: Mar 2013
Posts: 1,033
Likes: 343
Its called a quid pro quo, we will give you a discount on the car if you finance through GM. Dont like it dont do it. Hardly makes the dealer shady. GM pays a bird dog on the financing, if the buyer pays the note off prior to "seasoning" 90-120 days, they can and will charge back the fees paid for placing the loan with them. Again, nothing shady, just another tool in the box.
I have been in the car business for 30 years, these are effective tools to get everyday buyers into cars they need and want. I am sure MM, faced with a deal walking over a few $'s in payment may well offer a similar option. Not all do, and he/they can say or not say if they participate, but I will tell you, if they do not, they are in very small minority.
It may be infrequent on Corvette purchases, but for the rest of the Chevy product line, very common practice.
I have been in the car business for 30 years, these are effective tools to get everyday buyers into cars they need and want. I am sure MM, faced with a deal walking over a few $'s in payment may well offer a similar option. Not all do, and he/they can say or not say if they participate, but I will tell you, if they do not, they are in very small minority.
It may be infrequent on Corvette purchases, but for the rest of the Chevy product line, very common practice.
Drifting
Joined: Sep 2007
Posts: 1,531
Likes: 152
From: Western WA
We are, and I'm not just saying that because I work for them.
We're well aware of the games some dealerships play and we see the comments here in the forums. The Corvette is a dream car to many people and our customers are important to us. Like someone else posted in another thread, we prefer to have a customer for life rather than just for a sale. We have a saying: "when you buy a Corvette from us, you're not just another customer, you're a member of our Corvette family".
We're well aware of the games some dealerships play and we see the comments here in the forums. The Corvette is a dream car to many people and our customers are important to us. Like someone else posted in another thread, we prefer to have a customer for life rather than just for a sale. We have a saying: "when you buy a Corvette from us, you're not just another customer, you're a member of our Corvette family".
Drifting
Joined: Sep 2020
Posts: 1,453
Likes: 1,194
From: DFW
A local dealer called me (nephew of a friend of mine) who said I can go on his list. Not gonna do it since I'm on Macmulkins list already. Dealer said he got his 36 allocation and I would be #2 on his new list for the "next set of allocations". That dealer in 2019 got 60 allocations for the year. The salesman also said they deliver about 7 cars a month.
Question, I thought they were given out monthly? I doubt that 36 is their monthly allocations. Dealer said, being #2 on their list would get me my car in about 9 months. Still longer than my expected time with MacMulkin. Is it possible to get bi-yearly allocations?
Also he said I had to finance the car for at least 6 months. Doesn't need to be with them, just I can't come in with cash. Why would they say that?
On a good note, he did say the cost was MSRP- $500.00. Still don't think I'll take myself off MM's list.
Question, I thought they were given out monthly? I doubt that 36 is their monthly allocations. Dealer said, being #2 on their list would get me my car in about 9 months. Still longer than my expected time with MacMulkin. Is it possible to get bi-yearly allocations?
Also he said I had to finance the car for at least 6 months. Doesn't need to be with them, just I can't come in with cash. Why would they say that?
On a good note, he did say the cost was MSRP- $500.00. Still don't think I'll take myself off MM's list.
They are getting a kick back from the bank that they use, and it is totally not enforceable. You can buy from them and immediately turn around and pay it off or refinance. They will lose their kick back from the financing.
Safety Car
Joined: Nov 2007
Posts: 4,435
Likes: 874
From: Bay Area CA
I have done this a few times when buying a new car or truck. Dealer or auto manufacture will reduce the price of the car $1500 or so to make it worth your while. They will ask you to make 3 or so payments, then you can pay off the loan. I pay the loan off on the 4th month, so the buyer pays interest on the loan for three months. Banks make a little money on the interest, dealer gets a kick back from the bank and the buyer gets a discount on the purchase. A win win win! Repeat this process for multiple deals and you can see how this becomes very profitable.
Thread Starter
Racer
Joined: Jan 2021
Posts: 308
Likes: 177
From: Massachusetts
Right now, allocation is being doled out to dealers on a quarterly basis. Not bi-weekly or monthly. And we have no control in how GM hands out the allocation. In three months, they might say allocation will go back to a monthly basis, or they could stay on a quarterly plan. There's no way to predict that.
If that "other" dealer told you they're getting 36 - now divide that by 3 which comes out to 12 orders per month.
Of course, it's totally your decision and if you would prefer to go with a dealer that wants to make you finance it for at least six months, that's up to you.
However, we'd be really bummed....you wouldn't get an awesome delivery experience...and we wouldn't get any warm fuzzies from you.
If that "other" dealer told you they're getting 36 - now divide that by 3 which comes out to 12 orders per month.
Of course, it's totally your decision and if you would prefer to go with a dealer that wants to make you finance it for at least six months, that's up to you.
However, we'd be really bummed....you wouldn't get an awesome delivery experience...and we wouldn't get any warm fuzzies from you.