Went to the local Chevrolet dealer to price out a new C5 vette. Noticed, they were all hit with $2K--$5K "adjusted market value", meaning "dealer markup".
Saw a 2001 SS T-tops....it also had a $2K "adjusted market value" add-on. Anyone pay over sticker to get their SS???
Guess the SS is in demand, if selling cars OVER sticker price.
Posted by SStylez (Member # 839) on :
They do that here in CA all the time. My local Chevy dealer has 4 SS's on their lot and all of them have an additional $3000 mark up. Only one of them has any Y2Y options too. That's one of the reasons I didn't buy my car from them, they're crazy or there are just really stupid people in my town that will pay that, I dunno.
If you are interested in a new SS I can refer your to a dealer that will sell you one under invoice. Over sticker is a joke on them right now. I don't know what he would do for a C5. He sold me a Z06 pretty much at sticker.
Posted by poSSum (Member # 119) on :
Can understand the 'vettes but F-bodies should not command any sort of premium ... take a look at the sales data ... GM February Sales Data Posted by Steve_Winters (Member # 128) on :
The Chevy dealer closest to me adds $900 to $2K of "Additional Dealer Markup" te every car on the lot. There are some folks who will pay it. For those who know better, the salesman can say he has discounted the car by that much and more.
FWIW, invoice is 91.5% of base MSRP, plus 89% of GM options plus 85% of SLP options. Start your discussions with your salesman at invoice, not MSRP or the dealer's inflated "sticker" price. Dealer hold back is 3% of MSRP. That's the profit the dealer gets even when selling at invoice, not counting other incentives form the corporation to the dealer.
"It riles them to believe that you perceive the web they weave..." Moody Blues http://caam.com/ccsd/
Posted by GarySS (Member # 131) on :
The dealer where I get my cars is selling me my 2002 SS for $200 over invoice and will give me $1,500 off sticker on regular Vettes and sticker on Z06.
------------------ 1999 Arctic White SS #87 311 rwhp 324 rwtq SSOA F99-0087
Posted by BupbeeSS (Member # 907) on :
I'll believe the dealer's word when it comes to selling, when the true "adjusted market value" reflect a 20% discount from MSRP.
------------------ 2001 SS Navy Blue/Ebony Leather Build #3812 M6 Hurst, all factory options + SLP front grille
Posted by Hawkeye (Member # 88) on :
Any friends work at GM. Ask them to find out what the "employee" price would be.
My sister-in-law works at the transmission plant, and I can buy at employee price. It's about 10% off list price, with no dealer mark ups on. I'm sure the dealer is still making money.
Posted by 99PewterSS (Member # 564) on :
I hate this kind of dealer playing around. A local dealer here has something like four or five SS with all the SLP options and a $3k "market adjustment" on every one. That makes the MSRP top out at something like $37k+ -- sorry folks, that's C5 territory.
Market Adjustment nothing more than simple price gouging and greed. Some of these dealers must think they have the only SS every built ...
Isn't it funny, though - GM is preparing to discontinue the f-body (temporarily) because slow sales, yet dealers out there are charging a premium for the top vehicle. Go figure ...
------------------ Randy V. SSOA F99-4414 '99 Pewter SS 6 spd, T-tops, grey cloth B&M Ripper w/SLP knob, BMR SFCs, TA Diff Cover & stud kit
Posted by Jim Mac (Member # 113) on :
I ran into this last summer, when I was considering buying a PT Cruiser as a beater car. For a $16K - $20K car, the dealers were marking them up $5K. There was no way in hell I was going to pay a 25% markup over MSRP!!!
------------------ Jim Mac '98 Silver SS #108
Posted by jimr38 (Member # 877) on :
they mark these cars up here, all the time.i got my 00 convertable at 499.00 over sticker,i felt ripped off then and now when i want to sell it ,i cannot give this car away,my best offer has been 20,000 not bad considering the sticker was 36,499.so looks like ill lose 16k to drive this car 2900 miles in 8 months, what a deal, nobody wants to buy these cars no-wonder they are going ot stop makin them,i though these cars would hold there value , boy was i way off,
