The advertisments claim that GM is giving everyone the Employee Discount on most of their vehicles through the 4th of July and talks of the end of July. It seems to be working around here, a lot of new cars/trucks on the road with Dealer tags.
What are the thoughts of the group, do you think this will be done by other manufacturers? Do you think it will be done again for GM. etc....
thanks to all
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Dennis Mayer
It can be a very nice deal if you have both cash in hand
and find the GM Truck you like.....
I'm a little familiar with the GM Tier 1 Supplier/Employee discount..
Each brand/Model is GM preProgrammed (in dealer computer) with a no hassle,
fixed % off for base car/truck & a different fixed % off on the
add-on accessories... The same Truck/car at each GM dealer should
have the identical price with in a penny via the computer printout,
that some dealers make available to Tier 1 Employee buyers having
signed GM pre approved forms in their possession. Employees can
order new cars or buy lot cars. This deal is July 5th lot cars only.
Base vehicle discounts are about 11%, accessory discounts about
16%.
These numbers do vary by make (Corvettes have both smaller % off).
Some special models are "off limits" to discount buys also.....
IF GM dealers are offering 'true' GM Employee discount % numbers
already preprogrammed into the GM dealer computer/printouts....
THis could be a rare opportunity to find an 05 Car/Truck you like
at February carry over prices with a no haggling price... ??
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Robert Ball
I went in on Jun 5 to look at s Colorado. No fuss: what do you want on it; checked the computer, said they didn't have it in red but did have that equipment on a silver one. $32K window sticker, paid $25K+ sale price, less trade, plus tax and license. No big add-ons for dealer prep, documentation fees, etc. Crew cab, 3.5L engine, auto, Z71 4X4, G80 locker (not trying to start any fights here). Heated leather seats with about 12 way adjust if you include the power lumbar support, XM radio with 6 disc changer, On-star, side curtain air bags, and the usual A/C, cruise, pw, pl. Dealer couldn't put a hitch on for me on Sunday afternoon so gave additional $200 on trade-in to cover cost of after-market hitch. At 1600 miles on the clock I am getting 21.4 MPG using Calif gas, which is claimed to be poor performer. That's about half city and half highway driving. I did not want a sun roof so dealer went through the list to weed out any vehicles that had sun roof rather than try to sell me an extra $1500 or so item. Satisfying experience. I didn't realize it had the go-fast option, I have had to reign it in a few times when it went over 80, and I have squeaked the tires several times. I traded a 97 C2500 HD with 454 so this is not my first experience with a truck with get up and go.
My list of problems is very short: funny sound to the exhaust, maybe I just never heard a 5 cylinder before, one tire needs to be re-balanced now that it has been spun a few times. I find that amazing! I had a lot more issues with a new Volvo that I picked up at the factory, drove for 2 months in Europe, then brought it home.
Dealer told me yesterday that they have sold $9 Million in 22 days, normally takes 120 days to move that much product.
Your mileage and experience may vary. I drive a lot on the job so I wanted economy & safety, but also ability to tote grandkids and pull a small boat trailer (1600 lb) that I launch in areas with loose river rock or sand so wanted 4X4. My days of hard core wheelin' are over. BTW: 79 Scout for sale, Sacramento, CA.
Dennis Mayer wrote:
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Commentator
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George
Here's my thought - I would generally consider an "employee discount" to be some kind of incentive or a bennie for working there. Then, some marketing wizard takes away that bennie in one move. The company makes a ton of money and the employee gets it in the *** again!
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Lena
I wasn't impressed with the prices I saw on the websites for "employee discounts" and I feel I got a better deal back in March 05 on my 05 Silverado Crew Cab short bed.
But it's probably a good deal for those that don't like to haggle.
Lena
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Sarge
I work for a large company that is able to purchase GM products through a prefer buyers plan. I have not been able to compare employee discount to the prefer buyers plan. The prefer buyers plan is below invoice. I believe it is 5 % above manufacture cost. My last truck had a sticker price of 32 thousand and rebate and preferred buyers discount, I paid 23 thousand before taxes and title.
Before all the commotion of employee discount and my eligibility to purchase through preferred buyer plan, I found the best price by going to the dealership and when the first salesperson walks up to you tell him you need to speak with the fleet manager. The fleet manager will usually sell 100 to
500 dollars above invoice.
Sarge
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Al Bundy
I was at a Chevy dealership for 20" yesterday looking at various vehicles and was not approached by anybody. Maybe it's a new low pressure sales tactic. Or perhaps they just sized me up as a non-customer because I parked my 83' at the front door. They were correct of course.
The employee discount move is a desperation move. It devalues one of the benefits all the employees felt they had over the general public. They may be infavor of it though if it helps keep sales and jobs. I also heard that GM was going to cut sticker prices. I believe that's a move more in the direction of the reality that the vehicles are not worth the price. In the long run that might be a better move if they can cut costs. They have not come close to eliminating all the waste in delivering a vehicle.
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Whitelightning
Good sales people are pretty good at spotting who wants to buy and who's just browsing.
It is desperation, no doubt about. General Motors is bleeding, being cut to death trying to compete against an unfair labor advantage held by foriegn manufacturers.
Your reality is a fantasy. The real problem is a public willing to buy sub standard junk if its lower priced. Hense the success of such companies as Hyundia, KIA, Misubishi to name a few. Look at the number of Yugo's that were sold in this country before political unrest caused the plant to close.
It always amazes me to read stuff like this. As long as its the "other" guy, his pay and benifits are too high. Its amazing how people are too blind to see this. I hear "they are building them over here now" and that assessment is correct, and just like WalMart they pick depressed areas to build their plants in and make sure the states are "right to work" and "work at will" states, like Tenn, Texas, and Georgia. Then they bully the states into paying all the training costs for their employee's and demand substantial tax breaks to boot. The Toyota Plant in Tenn. requires a nine day training period in a facility built and maintained by the state of Tenn, the instructors paid by the Tenn, and trainees dont get paid during those nine days.
Whitelightning
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Al Bundy
It ain't fantasy because the leak about sticker price came from GM. Fantasy is having a sticker price of $35K and selling the vehicle for $25K and thinking any time now you will be able to boost the price received to near sticker.
Well, be amazed White becaue I ain't the "other guy." I worked for both Ford And GM. I know they are throwing money away. When I found a way to save millions on a contract they turned their heads because they "wanted to go in another direction." They simply don't need to build junk to lower the price. If what you say is even partly true they we are doomed when the Chinese start sending their junk.
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One-Shot Scot
As far as I can tell, the primary difference between getting a dealer "invoice" price and the "employee discount" is that the GM dealer is now throwing in all incentives as well as the holdback. These two factors could end up saving the customer an additional $500 - $2000 on a vehicle. This leaves the dealer virtually no profit in the front end of the deal, unless he can steal your trade in.
Of course, the dealership still has the opportunity to make money on the back end of the deal by offering such things as undercoating, paint sealant, fabric protection, glass etching, security systems, extended warranties, financing, insurance etc.
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no one
Good For Them.. I was always Taught To Not Show That the Vehicle is JUST the one for u!!!
if u Show the Salespeople that This is The Vehicle That is the ONLY one for u. Then That salesman Knows He or SHE can Get a Big Price.
NEVER show that a certain Make or Model is THe ONE for you. always say that It MAY fit in your life with ADJUSTMENTS.
AMEN on that
my 89 s-10 4X4 cost me $8,400.00 NEW!!
and now 15 years later they want $25,000 for a compareable TRUCK..
This is MORE than INFLATION !!!
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Whitelightning
We are doomed the way things are going now. Can you name one television set made in the USA? How about a sound system? Any communications devices? Can you name one motherboard, power supply, CPU, Hard Drive, Optical drive etc made in the US? How much Mazda is there in most Ford cars these days? Are there any footware manufacturers left in the US besides RedWing and Justin Boots? Do you realize that the only class 8 truck manufacturer in the US is PACAR, owner of Kenworth and Peterbuilt? Volvo got their hooks on Freightliner, Sterling(used to be ford) and Mack.
60% of Cat heavy equipment is manufactured over seas now, leased for a set number of operational hours and then brought to the US as used equipment to avoid imort duties? The list is endless of what isnt manufactured in this country anymore, and what is still manufactured here is under attack by foriegn manfacturers, or being bought by them, or being off shored There is a guy out in california who is feverishly working to start importing china manufactured vehicles, estimated starting retail, 4 grand. The last English auto manufacturer, Rover/MG declared bankruptcy ealier this month. And the general public that hasn't lost their job because of it could care less, as long as he can save a buck on his next purchase.
Whitelightning
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Lomax
I think the last pure American made car (all U.S. Parts/labor and assembly) was the Checker.
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Maack
"" wrote: > Top of the evening, > > The advertisments claim that GM is giving everyone the > Employee Discount on > most of their vehicles through the 4th of July and talks of > the end of > July. It seems to be working > around here, a lot of new cars/trucks on the road with Dealer > tags. > > What are the thoughts of the group, do you think this will be > done by other > manufacturers? Do you think it will be done again for GM. > etc.... > > thanks to all
local news i think it was fox in boston was just talking about this this morning said gm is considering extending promo and that chrysler is talking about a simular one, i?m asuming for chrysler, jeep dodge etc... I know a couple of dodge dealers in MA and RI have bene advertising on radio that they are offering discounts below employee price. looking at discounts listed on GM sites im happy to see i was able to haggle for a price even lower when i bought my 04 silverado last year. I know alot of manufacturers are hurting right now, gm anounced a week or so that they were going to be getting rid of a $h!t load of positions in the next few years. gm is actually building a new distribution center around the corner from me, saposably its gona be there largest non-manufacturing facility.
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Al Bundy
With a 41% increase in sales for the month, that really got their attention as to the price elasticity of vehicles. It's hard to shut that off, but if it continued they would run low on stock. All those extra sales are not pull ahead sales or even sales taken away from competitors. Some folks just decided to get out of those old cars and buy new when the value for dollar was there. Jokingly, could this be the start of the deflationary spiral some analysts warned about?
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benick
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Michael Herron
I just traded in a 1990 K1500 Scottsdale w/350 140K miles, in good condition but needing a intake man. gasket and at least valve stem seals ( used a quart every 200 miles) and got 2,500 for it. I bought a 2005 Silverado Z-71 at the employee price of 25,845 which included the 3K financing rebate. The invoice was 29,634 and MSRP was 33,918. The dealer sticker price was $36,413 (yeah, sure). I got the exact truck, first choice of several I had paperwork on, and had the VIN's from Chev's web site vehicle locator. They were rather bothered by the paperwork I had brought of stuff I had chased down on Chevs website vehicle locator. After all was said and done they asked to keep it all to show the dealership owner. They wouldn't even talk about anything less that the employee discount. Hard to argue it when you know you are already below the invoice price. You may get a deal though on some dealer installed options like bed liners and such at their cost. The new Z-71 is like driving the space shuttle compared to my old '90 Scotty!! Remember, a Chevrolet is better than no lay at all!
"benick" wrote in message news: snipped-for-privacy@taconic.net...
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Whitelightning
That line reminded me of an old cadence call from the service, "Used to drive a Cadillac Now I drive a Chevrolet Used to Drive a Cadillac Now I drive a Chevrolet Chev o left and lay o right Chev o left and lay o right"
Whitelightning
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