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2003 Duramax Question


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My dad is looking for a duramax, we found one at local place that is a 2003, it has been sitting on the lot for almost 7months. The sticker price is at $44,900. They also have a $2500 adendum on it so it is at 47k. The dealership will not come down at all on the price, nothing, they will only sell it for 47k, there are 4400 in rebates right now, but still for a year old truck seems high. What are your experiences with how much dealerships will come down on these trucks. It is not the most popular configuration, hence they have 2 on the lot for 7months.

 

BTW: it is an 4wd, extended-cab longbed, SLT, most options.

 

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I would laugh at that dealer.You should be able to get that truck for thousands less.My 03 Dmax stickered at $44,600 and I paid $38,000.This was in Dec 02 when the current year trucks were only out for a couple months.You can do better,look around one of them will want your $$$$$$$.

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I would laugh at that dealer.You should be able to get that truck for thousands less.My 03 Dmax stickered at $44,600 and I paid $38,000.This was in Dec 02 when the current year trucks were only out for a couple months.You can do better,look around one of them will want your $$$$$$$.

That is what he is doing, he doesnt need a truck until april or so. He has time to find the deal he wants. I was just wondering, it seems as if the dealerships around here are not wanting to budge at all, they just say someone else will come and pay sticker so why should we sell it to you for 38k. I guess that is why that truck has been sitting so long.

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Don't buy the truck.  You can get better deals.

He isnt buying the truck, all the dealerships around here will not budge, so where can we find this better deal you speak of. He might end up getting the ford since they are more willing to deal then the GMC delaerships around here.

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I dont know what area you live in but you should easily be able to find a better deal. My truck stickered for $47,300 and I ended up getting it for $41,500 with a little negotiating. I live in Southern California where these trucks are in high demand and my dealer still wheeled and dealed. Maybe try a vehicle buying service like Autobytel or Carsdirect.

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I went through the same type of thing, the dealership wouldnt budge, so I ended up getting it delivered from 3 states away. A friend of mine located it for me. So even if you dont have another dealship in the area, you can find EXACTLY what you are looking for, at the price you are looking for.

 

Sounds like they may have that truck for a while if they arent willing to deal, some of those guys think they are sitting on a rare diamond, but they arent.

 

I even have a friend who bought a car on EBAY :rolleyes: But the deal worked out great for him. :nono:

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the fact that the dealership doesn't seem to want to budge on that sticker would explain why it's been there for over 7 months lol :rolleyes: they obviously don't understand the concept of car sales lol

Amen to that. Try to see what you can do about perhaps traveling away from home to find a good dealer. Search the net. Just because you buy from one place, doesn't mean you have to have it serviced there.

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A friend who was a mgr at a Chevy dealership (recently moved to a Jaguar dealership), gave me about a 40 min spill on all the incentives dealerships get when new vehicles arrive, and that is way too much to type in, so here is a brief summary.

 

He said that if I ever wanted to buy a new vehicle (which I will not do), that you can ALWAYS get a better deal on a vehicle that has been on the lot less than a month. The dealership gets money from GM, to esentially pay the note for the first month, sometimes two months, plus all the additional funds necessary to store that vehicle on the dealership lot for a limited time. In addition to all the incentives GM sends with the new vehicle. If they sell it in the first month, they get to keep additonal funds for the dealership, and not have to put them into the vehicle sitting on their lot. The longer it sits on the lot, the more the dealership has invested in that vehicle, the less they are willing to come off the price.

 

They will come off the price, once they have an extreemly strong selling month, that they can apply some of the money they saved off of quick sales towards the older new vehicles. This is when you will hear about specials on 4 vehicles on their lots for x-amount off sticker, blah, blah, blah.

 

His basic rule of thumb, if you want to get the best deal possible, make a deal on vehicle that is being unloaded off the truck.

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Although, what is the markup on these pricy little puppies? They MOST definitley arent LOSING money if they sit on that truck for 7 months and give you a deal on it. I understand they arent making as much money, but you would think they would want to get rid of it quick even if they dont get any profit at all!! Wouldnt you want it off the lot to make room for the new ones? I am surprised they had it that long with no other dealerships in the area or from far away looking for that truck.

 

I just dont understand these people!!!!!! (stupid is stupid does, I am not a smart man jenny)

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...that you can ALWAYS get a better deal on a vehicle that has been on the lot less than a month...

 

Very interesting. I was always under the impression that you get get a better deal on a truck that has been sitting for a long time. Dealers ARE desperate to get rid of it, but they make less money, therefore the AREN'T willing to deal.

 

Of course I got a great deal on a 3 day old 2003 HD.

 

Thanks for the info :rolleyes:

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