Price paid?

ChevyZ71LTZ · February 11, 2014

Yeah I think that with rebates included

upsfeedr · February 11, 2014

z71 Pkg/Value Package, Power Sunroof, Radio: AM/FM Stereo w/8" Diagonal Color Touch Nav., SLT Preferred Package, Off-Road Suspension Package, Front Full Feature Power Reclining Bucket Seats, Integrated Trailer Brake Controller, Tires: P275/55R20 AT BW, 5.3L V8, automatic, 40 miles, Sonoma Red, stock # B2615, new...line-x

More Details

MSRP Price $47,670

Your Price $40,670

MIZ14sierra · February 11, 2014

I have been looking online and finding loaded LTZ for about 5000 off MSRP...my question is since I qualify for supplier discount, would it take money off their price or the MSRP?

Many dealers advertise a price $Xk off MSRP that INCLUDES all rebates, even ones that aren't stackable.

see my post #162 on this thread for Simple pricing calculations.

http://www.gm-trucks.com/forums/topic/154033-price-paid/?p=1402669

It outlines how you calc invoice pricing, which is the base point for SUPPLIER pricing (Invoice+$150) and EMPLOYEE pricing (4% under invoice).

Invoice = Base x 93% + options x 88% + $1095 destination.

All rebates you are eligible for are usable with Supplier pricing. 5k off seems low in general if it includes rebates. If it does not include rebates, then it's a good deal. Supplier took 3500 off my truck, so 5k off pre rebate would be very close to EMPLOYEE pricing.

LS 1st Gen · February 11, 2014

Back in November, supplier pricing + $750 GM cash back, + 1K trade allowance, plus 1K gm loyalty got me about $7800 total off of my LTZ Z71 crew cab. Remember you can always combine Supplier plus these rebates.

ChevyZ71LTZ · February 11, 2014

Many dealers advertise a price $Xk off MSRP that INCLUDES all rebates, even ones that aren't stackable.

see my post #162 on this thread for Simple pricing calculations.

http://www.gm-trucks.com/forums/topic/154033-price-paid/?p=1402669

It outlines how you calc invoice pricing, which is the base point for SUPPLIER pricing (Invoice+$150) and EMPLOYEE pricing (4% under invoice).

Invoice = Base x 93% + options x 88% + $1095 destination.

All rebates you are eligible for are usable with Supplier pricing. 5k off seems low in general if it includes rebates. If it does not include rebates, then it's a good deal. Supplier took 3500 off my truck, so 5k off pre rebate would be very close to EMPLOYEE pricing.

So you are saying they should honor the price they are advertising minus my supplier pricing?

ChevyZ71LTZ · February 11, 2014

This is a link to one of the trucks I am looking at and its listed at $40k, which seems low to me for an LTZ, yes its a bench seat and double cab but still...would I be able to get even more off with supplier pricing?

http://m.autotrader.com/cars-for-sale/vehicleDetails.xhtml?listingId=358142484&numRecords=12&firstRecord=1&zip=61571

MIZ14sierra · February 11, 2014

So you are saying they should honor the price they are advertising minus my supplier pricing?

No, i'm saying it's supplier pricing minus qualifying rebates. The 5k off sticker is just to get you in the door and confuse you until you get to sign the papers. Always determine price first, then deduct rebates, then deduct GM points once you in the finance department signing the dotted line.

If you split that 5k off into a pie, the majority of it is likely manufacturer rebates, and a small sliver is a dealer rebate/discount (maybe $500-1000)

On the other hand, you could go in and try to negotiate below supplier if you know what that number is, and you don't tell them you have supplier pricing eligibility. The formula i listed above can tell you what supplier price is, and you can verify by asking the dealer to look at the invoice.

MIZ14sierra · February 11, 2014

This is a link to one of the trucks I am looking at and its listed at $40k, which seems low to me for an LTZ, yes its a bench seat and double cab but still...would I be able to get even more off with supplier pricing?

http://m.autotrader.com/cars-for-sale/vehicleDetails.xhtml?listingId=358142484&numRecords=12&firstRecord=1&zip=61571

Ok, I looked at the window sticker for this truck on the dealer website. Invoice price should be about $42777.3 on this truck. Supplier price is then $42927.3. That is 3103 off MSRP. Assuming that 5k off from the dealer includes at least 3k worth of rebates (ie; presidents day, consumer cash, trade assistance, gm loyalty, etc.), you are already better than just the 5k off. Ideally, you agree on the clean truck price of about 42800 or less, then apply the rebates, then apply any GM points, you should be able to get into the 38k range pretty easily i would think, with just rebates, not including GM points you may have or trade. Also, troll the chevy build site and use the browser refresh (F5?) technique and browser cache clearing (or private browsing) described in this forum and you should be able to get a $1000 private offer to pop up for you to use too as rebate cash. Good luck

ChevyZ71LTZ · February 12, 2014

Sounds good but easier said then done lol. I havent ever bought new before...I know I wont settle for something if I dont think its fair...there are plenty of dealerships around that would love my business

MIZ14sierra · February 12, 2014

Sounds good but easier said then done lol. I havent ever bought new before...I know I wont settle for something if I dont think its fair...there are plenty of dealerships around that would love my business

I'd say fair is right around invoice. Good deal is under invoice. Was my first new vehicle as well, trying to pass on my research hours so they don't go to waste after I bought.

dagwood2001 · February 12, 2014

I'd say fair is right around invoice. Good deal is under invoice. Was my first new vehicle as well, trying to pass on my research hours so they don't go to waste after I bought.

Dont have it at my fingertips but I paid app. $1K under invoice and thought I got a steal. After reading some of the posts in this thread I'm not so sure anymore!

I did get great lease terms and a higher residual than some (.63 on a 36 month) however......

MIZ14sierra · February 12, 2014

Dont have it at my fingertips but I paid app. $1K under invoice and thought I got a steal. After reading some of the posts in this thread I'm not so sure anymore!

I did get great lease terms and a higher residual than some (.63 on a 36 month) however......

I don't totally understand how leases work these days, but...1k under invoice is a great deal if you're buying. 3% holdback is only $1500 on a loaded SLT so you really did well on approaching dealer cost (hard to tell what other incentives they have for volume from the manufacturer, etc. so i assume invoice-holdback to be their cost). people getting 10k+ off are using GM points or have stacked their rebates smartly. Rebates don't cost dealer anything so thats why i say listing clean truck price (or +/- relative to invoice is even better) & rebates separately is more informative to people than OTD price.

Silverado Steve · February 14, 2014

Bought mine dec 23 went through Costco and got 10k off sticker price was 49,500 paid 39,500 plus t&l Plus got a 500 cash card from Costco and got a free Line-X bedliner from the dealer. Also got a 200 voucher from costco to use at the dealer so i got a few items

2014 GMC SLT Z71 with all options next step would have been a Denali..

z71 Pkg/Value Package, Power Sunroof, Radio: AM/FM Stereo w/8" Diagonal Color Touch Nav., SLT Preferred Package, Off-Road Suspension Package, Front Full Feature Power Reclining Bucket Seats, Integrated Trailer Brake Controller, Tires: P275/55R20 AT BW, 5.3L V8, automatic, 40 miles, Sonoma Red, stock # B2615, new...line-x

More Details

MSRP Price $47,670

Your Price $40,670

Did you buy 2 trucks?

For those trying to guess what suppliers pricing is, take the guess work out.

https://www.gmsupplierdiscount.com

upsfeedr · February 14, 2014

No this is just one of the quotes I got from another dealership in my area so I had a few options. My dealership is a big store not one of these ma and Pop stores... I'm not going to post my actual quote.. Don't care if no one believes that I got 10k off.. Think it matters how big the dealership is and where you live.. Didn't go through supplier I went to Cosco not sure what kind of discount they get. don't like it too bad and quit crying over the price i got.

KARNUT · February 14, 2014

I believe it,I got ten off sticker on Texas package on 12/31/13. 39to29 before ttl. I added bed cover out the door for 32xxx. I all ways get deals like that, did the same thing with a Geneses same dealer. I walk in armed with ads from other dealers, if they have one that's been there for a while they will deal it. I wasn't too crazy about blue, dark cars are harder to keep clean but the price was right. Couldn't believe how loaded it was. I guess it helps when Ford, Ram, Toyota, are with in a block of each other. I like blue now.