Dealer told me to call them re:incentives change.


Below is my response to my dealer



NAME, Please allow me...

The rebates from GM last Month were as follows:

$1,500 Customer Cash
$1,500 Bonus Cash
$1000 Loyalty Rebate
Special APR's Through GMAC
0% Up to 60 Months
0% x 72 Months

BPG Quoted me

MSRP 33600
$700 BPG discount
$1,500 Customer Cash
$1,500 Bonus Cash
$1000 Loyalty Rebate

$ 28900 less GM CARD


The rebates from GM This Month are as follows: (please correct me if I am wrong)

$1,500 - Consumer Cash (Code CNC)
$2,500 - GM Owner Appreciation
or
0 for 60months

MSRP 33600
$700 F.BPG discount
$1,500 Customer Cash
$2,500 GM Owner Cash

$ 28900 less GM CARD


"Are you re-thinking the decision to purchase?"

NAME,maybe I am. DEAD BRAND frightens me, and GM's incetives just are not representative to the depreciation this unit will receive when Pontiac is all gone. 1,2,3 Years from now what is the resale of a G8 ? My 05 TB I owe 6800. You guys just pay that off so that doesn't help. Depreciation wise the TB can only go 6800 less whilst if I purchase the G8 at 25900(28900-3000 minus gm card points) plus ttl roughly 28000 @ 6.9% is roughly $550 for 5 years and I will likely be UPSIDE DOWN on that for at least 4 of the 5 years.

Should I buy the G8 GT and take the chance @ 550.00$ a month for 5years ?

What do you think ?

Sincerly ,

Shinzon



We'll boys and Girls you can all consider this my last attempt at a G8 until GM gets serious about selling them. Enjoy your cars , hope you don't depreciate too much, GXP owners I think are safe, that is all. G8GTs are plentiful and will drop like a turd from a bird.

lmao!! Turd from a bird..lol! You are right though!
I had a dealer this morning raise his price on me for a demo. Last week he told me a different story. He told me to wait until next weeks incentives come out and I will get a better deal. What a f---g tool! I would like to drive down there and stick my size 11 up his @$$.

Shinzon,
I wish you all the luck bro! You might want to consider it. Im afraid of the same thing. Purchase a little high and watch them depreciate like a Yugo!

lol, well if you want an unmolested one, its gonna cost some bucks!

lol, well if you want an unmolested one, its gonna cost some bucks!

BigRob.
I hear ya but Im willing to spend some extra coin knowing some tool didnt beat the crap out of the car. I want to be the one who beats the snot out of it (MY CAR) first. LOL! :gears:

I'm in the same boat as you. After receiving quotes from about 10 dealers yesterday, I felt only one was a reasonable first offer. The rest were laughable at best.

$32k OTD for a GT? A Pontiac? A GM? :slap:<--GM

Wake the f**k up if you are serious about selling cars. Do these dealers not pay attention to the news? GM just filed for bankruptcy and its been known for a while that Pontiac is a dead brand. That doesn't mean everything is fine and dandy. Your product is damn near a junk bond at this point.

So what happens when this product line goes away? How about parts? One day those are going to be hard to come by. How about warrranty? Where will GM be in 3-5 years? Will there be a GM to honor that warranty? Oh yea the govt. said they'd back them. RIGHT. Anyone that has ever dealt with the govt. knows how wonderful that will be trying to get warranty work done.

Like I said the other day, the showrooms are dead. Everyday I drive by the same dealership and there is never anyone there besides those people in the service dept.

I think the G8 is just being set aside for those that are obsessed over the car and will have one at all costs. Which is cool by me since I know the love/feeling one can have for a car. But for the rest of us that are very interested yet not willing to pay WAY more then this car is worth, they lost a customer.

/rant

I had a dealer quote me $30,600 OTD for a loaded GT. I sent him an offer of $26,500 back and got no response. Yea...thats how you sell cars. Don't respond to negotiations.

I've been a GM supporter for years and always planned on being one. But I think the day has come to cross over to the darkside and see what all the fuss is all about with the imports. I want some bang for my buck.

I was just told that they are not bringing back the G8 in another nameplate.
They are also not considering bringing back any Holden cars with a GM nameplate because most are rear wheel V8`s. Another reason is that our government is making it really dificult now for any car maker to continue producing these types of cars. Well the socialist nation has started.
You know what that means.. parts are going to be very dificult to find for these autos. They are going to need to be ordered from Australia which can take weeks and more $$ for shipping. So the dealers will end up raising their prices on the service and parts of these cars. But lets still charge 5k over MSRP for a GXP and still charge full MSRP for a used GT. Makes so much friggen sense.
I dont mind paying more for parts but you need to balance it all. My brother who is a General Manager of a dealer in Mass (unfortunatley not a GM dealer) told me to wait for the summer clearence sale thats going to happen. Most likely in July. Granted you will have slim picking on colors but shoot if you can save big $$ by waiting it might be worth it. if not I might just wait for the new SHO.

You guys are funny. You are surprised because dealerships are giving the G8 GT’s away and then tell everyone else good luck because our cars aren’t going to be worth dick. It sounds like if they sell them to you then you’d be right, but since they aren’t you could be wrong.

Pontiac dealerships have nothing decent to sell except the G8. Why should they give them away? Especially if the other product they have is not selling or has to be heavily discounted. There is a dealer up the street from where I work that had over 30 on their lot and wasn’t budging from their prices. Now the other dealers have next to nothing and they still have selection and their stock is selling at their higher prices. I’m actually glad to hear this.

You guys are funny. You are surprised because dealerships are giving the G8 GT’s away and then tell everyone else good luck because our cars aren’t going to be worth dick. It sounds like if they sell them to you then you’d be right, but since they aren’t you could be wrong.

Pontiac dealerships have nothing decent to sell except the G8. Why should they give them away? Especially if the other product they have is not selling or has to be heavily discounted. There is a dealer up the street from where I work that had over 30 on their lot and wasn’t budging from their prices. Now the other dealers have next to nothing and they still have selection and their stock is selling at their higher prices. I’m actually glad to hear this.

YOu are glad to hear this because it helps the value of your car. I would be too.

But you have to understand that GM is in a tough spot right now. They need sales and with the mentality of these dealers, they won't be selling as much as they could. They need these cars on the roads, not on the lot.

I didn't fall in love with the G8 until I saw it on the road. It wasn't the pictures on the internet, the reviews written, or the lot full of them.

GM filed for bankruptcy, Pontiac is a dead brand, and a lot of Americans don't want American cars anymore because of the past. This is not an environment to be f**king around with potential customers. Especially customers that have been loyal to GM for years. Their loss....not mine.

YOu are glad to hear this because it helps the value of your car. I would be too.

But you have to understand that GM is in a tough spot right now. They need sales and with the mentality of these dealers, they won't be selling as much as they could. They need these cars on the roads, not on the lot.

I didn't fall in love with the G8 until I saw it on the road. It wasn't the pictures on the internet, the reviews written, or the lot full of them.

GM filed for bankruptcy, Pontiac is a dead brand, and a lot of Americans don't want American cars anymore because of the past. This is not an environment to be f**king around with potential customers. Especially customers that have been loyal to GM for years. Their loss....not mine.

I understand your point now; however, I still do not fault the dealership at all. They are just trying to pay their people too. Obviously, GM has shown no love for them either as of late.

I understand your point now; however, I still do not fault the dealership at all. They are just trying to pay their people too. Obviously, GM has shown no love for them either as of late.

I think its just the current dealers i've been dealing with that are leaving a bad taste in my mouth about the whole situation.

After I rant I begin thinking about the car again and how nice it would be to own one.

My biggest fear is the parts. If Pontiac is gone, where do we get parts 3-5 years down the road? I've heard of people already having problems finding parts.

Lee Summit, MO? I remember someone on another board I frequent from the same place. You own (or used to own) a Grand Prix?

I just had a fella at a near-local dealership quote me a great deal.

Dealer COST!

I could drive away right now with a loaded G8 GT for $34,500 and get the rebates too! Yes, $34,500.

Who did this chump think he was talking to?

I think its just the current dealers i've been dealing with that are leaving a bad taste in my mouth about the whole situation.

After I rant I begin thinking about the car again and how nice it would be to own one.

My biggest fear is the parts. If Pontiac is gone, where do we get parts 3-5 years down the road? I've heard of people already having problems finding parts.

Lee Summit, MO? I remember someone on another board I frequent from the same place. You own (or used to own) a Grand Prix?

06 GTO before the G8 but I've never had a Grand Prix. Lee's Summit is a big town though (suburb of KC).

I think that you are correct on the parts issue. The engine and transmission should always have plenty of parts and the bone yards will have to take care of the rest.

I just had a fella at a near-local dealership quote me a great deal.

Dealer COST!

I could drive away right now with a loaded G8 GT for $34,500 and get the rebates too! Yes, $34,500.

Who did this chump think he was talking to?
Perhaps his dealer cost included salaries and rent too :)

I just had a fella at a near-local dealership quote me a great deal.

Dealer COST!

I could drive away right now with a loaded G8 GT for $34,500 and get the rebates too! Yes, $34,500.

Who did this chump think he was talking to?

I emailed a bunch of dealers and have been keeping a spreadsheet with their offers. YOu'd have a nice laugh at some of this crap.

The engine and transmission should always have plenty of parts and the bone yards will have to take care of the rest.


Limited Production , 1 year run = No Boneyards = Only 1-800-HOLDEN = $$$$$ and Wasted Time

I emailed a bunch of dealers and have been keeping a spreadsheet with their offers. YOu'd have a nice laugh at some of this crap.

Nice....

I am not touching the car and I have 3,000$ in GM card. Still not enough in 1 years time I'll raise this post from the dead and we'll see what is what , when used g8s are going for 17k with 25kmi.

I'll wait a year for half the price. Maybe by then the steering shake will sort itself out. :)


Right now I can get one for 25,900 or so but I just think even that is too much.

Dealers I guess are not budging b/c it's all they have to sell, after that what do they have to sell, g5,g6, lacrosse yeh BPG you'll have customers so you better sell that g8 @ MSRP cause it has to carry you for a while. Enjoy !

I had a dealer quote me $30,600 OTD for a loaded GT. I sent him an offer of $26,500 back and got no response. Yea...thats how you sell cars. Don't respond to negotiations.

I've been a GM supporter for years and always planned on being one. But I think the day has come to cross over to the darkside and see what all the fuss is all about with the imports. I want some bang for my buck.

Ford makes a nice car....

NO g8 -gt in canada available ( none coming ) just spoke to gm head office in canada
got about 1000 miles on mine just got offered $ 4,000 more than i paid for mine GET ONE IF YOU CAN ( best car i ever owned) including my jags !!
willie

I guess I just have to shake my head. For those who are mad at the dealers because of their unwillingness to "negotiate", what would you consider is a "good" deal for a loaded G8 GT anyway? I ask because some of the numbers I'm seeing people asking for seem a bit unreasonable.

It's as if some think that with GM in BK and Pontiac going away, the dealers should simply give away the car for nothing and take it in the shorts on their best car. It cost them money to buy the car and have them on their lots, so them trying to recoup some of those costs or at least not get rid of cars at a total loss seems reasonable to me. No, I don't think trying to sell them at MSRP is reasonable. But to me, thinking that a loaded G8 GT should be sold OTD for $25K seems a little unreasonable.

Just my $0.02 worth. And no, I don't work a dealer. I paid $30K + TTL for my G8 GT back in September.

Edit: And I just want to add that if someone is THAT hung up over depreciation, IMHO, you don't have any business looking at a G8 GT. I think it's ludicrous to tell the dealer "Hey, your cars aren't going to be worth beans, so sell me one at a tremendous loss to you. I'm doing you a favor since you have to sell cars anyway."

[quote=G8BLBYU;259449]I guess I just have to shake my head. For those who are mad at the dealers because of their unwillingness to "negotiate", what would you consider is a "good" deal for a loaded G8 GT anyway? I ask because some of the numbers I'm seeing people asking for seem a bit unreasonable.

You are the voice of reason. I paid 32K almost to the penny OTD in Sept as well, and could care less what it will be worth in 5 years when it's paid for. If I wanted to worry about that, I'd go buy a GXP today and throw it in the garage for 20 years and sell it a Barrett. I also worry about the demise of Pontiac and what grief that will cause me down the line...but I'm just glad I already got one and didn't have to factor that into my decision. It's a love thing, and I totally love my car!

NO g8 -gt in canada available ( none coming ) just spoke to gm head office in canada
got about 1000 miles on mine just got offered $ 4,000 more than i paid for mine GET ONE IF YOU CAN ( best car i ever owned) including my jags !!
willie

I totally agree...met a guy recently who has always had BMW's and wouldn't get anything else. He drove a G8, traded in the Bimmer and hasn't looked back since.

Got another one...different dealership...

They can't offer me more for my PONTIAC trade in because the market isn't out there for PONTIACS. But they want MSRP - Rebates for their PONTIAC.

2 dealerships down...I hope they are the ones that close!

Got another one...different dealership...

They can't offer me more for my PONTIAC trade in because the market isn't out there for PONTIACS. But they want MSRP - Rebates for their PONTIAC.

2 dealerships down...I hope they are the ones that close!

Crazy oxymoron, huh?

Just my $0.02 worth. And no, I don't work a dealer. I paid $30K + TTL for my G8 GT back in September.

Edit: And I just want to add that if someone is THAT hung up over depreciation, IMHO, you don't have any business looking at a G8 GT. I think it's ludicrous to tell the dealer "Hey, your cars aren't going to be worth beans, so sell me one at a tremendous loss to you. I'm doing you a favor since you have to sell cars anyway."[/quote]

Well one thing If I can buy one for 30 with a recent build date I would go for it. But Im not paying 30k + ttl for a car that has a build date one friggen year ago.

who the F--k are you to tell me I have no business looking at a G8?
I want you to stick your car in a parking lot for a year under all weather conditions than try and sell it to someone who knows its been sitting outside for one year. Its not going to happen
I own a 68 Firebird 400. I do keep in in the garage under a cover. I thought maybe I can get myself a G8 to have old and new.

Im not young and im not dumb. I worked in the business. I used to worked for GMAC. I was an F&I guy & senior loan officer. I know all the tricks of the trade. But when some salesman asks me to spend a total of 33-34 for a car that was built and sat for one year I dont think so.

Its funny because when I go in I usually know more than the salesman and the manager. All Im asking is to be reasonable. If they cannot order me a newer one than why not give me a break on a older build?

With no new inventory on the way, I'm not surprised some dealears are asking top dollar for leftover G8s. With pretty much only word-of-mouth advertising, G8 sales are increasing during one of the worst car markets in recent history. A future Chevy or Buick version of the G8 would provide more motivation to sell cheap, but that may not happen. The dealers are gambling that demand will exceed supply over the next year.

who the F--k are you to tell me I have no business looking at a G8?
I want you to stick your car in a parking lot for a year under all weather conditions than try and sell it to someone who knows its been sitting outside for one year. Its not going to happen
I own a 68 Firebird 400. I do keep in in the garage under a cover. I thought maybe I can get myself a G8 to have old and new.


Take a deep breath and get your unides out of the bunch that they're in right now. If you re-read the part of my post that you quoted, my point there was if someone is that hung up over depreciation, then they're looking at the wrong car. Everyone on this board knows that the G8 GT will NOT hold up its value, so if depreciation was THAT important to them, then logic says don't look at the G8 GT. (Oh, and BTW, it wasn't directed at you, in case you missed that.)

And again, I'm all for reasonable deals and negotiations. My entire post was merely asking out loud to those who are complaining that they can't get "reasonable" or "good" deals what they thought a good deal was because some of the numbers I've seen being asked for seem unreasonable to me.

With no new inventory on the way, I'm not surprised some dealears are asking top dollar for leftover G8s. With pretty much only word-of-mouth advertising, G8 sales are increasing during one of the worst car markets in recent history. A future Chevy or Buick version of the G8 would provide more motivation to sell cheap, but that may not happen. The dealers are gambling that demand will exceed supply over the next year.

Exactly correct.

To the complainers - What a bunch of whiners! Don't buy one then! I'm all for paying as little as you can, but the expectation is that they should do what? take 30% off MSRP? 50% off maybe? The depreciation factors should ABSOLUTELY be a consideration for a potential buyer but it not a factor for a dealer and has no bearing on their bottom line. Their costs are what they are and don't vary because of the potential depreciation or even the ultimate death of the brand. All that has happened is that dealers who were all but giving cars away (with the help of incentives) have chosen not to anymore. It may work out for them it may not.

They aren't making any more and each dealer is deciding the sense of urgency (of lack of it) that they have and waiting until they get the prices they want. That's business. I'm sure alot of people who waited assumed they would be giving them away when GM declared bankruptcy. It didn't work out that way I guess. Maybe dealers who are stuck with inventory come August will give them away. In fact, they will probably be hard to come by but I'm sure there will be some crazy prices paid for a few here and there. Until then, why should they - especially if they can sell a few at prices closer to what they want?

I'm surprised that anyone who has such little grasp of business to say that the reason they are going out of business is because they aren't giving away cars even has the resources to buy a car. They're just mad they didn't buy one in March! :judge:

I think comments were meant for me. Pretty sure he found my idea of turning down 25900 for a g8 insulting.

Sorry, if I offended you with my viewpoints on what the car is worth and how it will depreciate. Yes I do look at resale when I purchase a car and thank you for deceiding that the vehicle is not for me. I value your opinion very much and I have no doubts that you know what is best for me personally and finacially.

Now with that behind me, I stand by my statement of 17k in 2010 with 25kmi.

Exactly correct.

To the complainers - What a bunch of whiners! Don't buy one then! I'm all for paying as little as you can, but the expectation is that they should do what? take 30% off MSRP? 50% off maybe? The depreciation factors should ABSOLUTELY be a consideration for a potential buyer but it not a factor for a dealer and has no bearing on their bottom line. Their costs are what they are and don't vary because of the potential depreciation or even the ultimate death of the brand. All that has happened is that dealers who were all but giving cars away (with the help of incentives) have chosen not to anymore. It may work out for them it may not.

They aren't making any more and each dealer is deciding the sense of urgency (of lack of it) that they have and waiting until they get the prices they want. That's business. I'm sure alot of people who waited assumed they would be giving them away when GM declared bankruptcy. It didn't work out that way I guess. Maybe dealers who are stuck with inventory come August will give them away. In fact, they will probably be hard to come by but I'm sure there will be some crazy prices paid for a few here and there. Until then, why should they - especially if they can sell a few at prices closer to what they want?

I'm surprised that anyone who has such little grasp of business to say that the reason they are going out of business is because they aren't giving away cars even has the resources to buy a car. They're just mad they didn't buy one in March! :judge:

WOWOW....look at all the haters now

becuase I think the dealer can do more than 700 off I am a whiner ? Have no resources, etc ?

Awesome, sorry you guys paid so much 32k for your G8s and stuff, hope you like it UPSIDE DOWN for a while.

Either way I don't care, it is a nice car but i don't want it for 25900, rather keep my 05 TB and Enjoy my SS.

Have a nice day everyone.:) I know I will.

I think comments were meant for me. Pretty sure he found my idea of turning down 25900 for a g8 insulting.

Sorry, if I offended you with my viewpoints on what the car is worth and how it will depreciate. Yes I do look at resale when I purchase a car and thank you for deceiding that the vehicle is not for me. I value your opinion very much and I have no doubts that you know what is best for me personally and finacially.

Now with that behind me, I stand by my statement of 17k in 2010 with 25kmi.

Perhaps I should have not made it sound so personal. My apologies.

As I said, you absolutely SHOULD look at resale and are certainly wise to do so, but that has no impact on a dealer selling a car. Unless GM provides them with a special incentive it changes nothing for them in terms of what they can or are willing to sell a car for. To them, it's YOUR problem, not theirs.

I think if you are patient and have the time you might just stumble on one at some point in the next month or two at a great price. If not, I think $17K in 2010 sounds about right - I'd even go so far as to say you'll be able to find one with less than 25k miles for that.

I think comments were meant for me. Pretty sure he found my idea of turning down 25900 for a g8 insulting.

Sorry, if I offended you with my viewpoints on what the car is worth and how it will depreciate. Yes I do look at resale when I purchase a car and thank you for deceiding that the vehicle is not for me. I value your opinion very much and I have no doubts that you know what is best for me personally and finacially.

Now with that behind me, I stand by my statement of 17k in 2010 with 25kmi.

While they weren't meant directly for you, let's go through a simple exercise to see if what you're asking for isn't insulting. $25,900 for a loaded 2009 G8 GT, right (that's with Premium, Sport, and Sunroof)? Okay....

MSRP: $35,255
Invoice: $33,496
Edmunds TMV as of today in my ZIP code: $33,166 (only includes $1,500 rebate)

Now, let's start adding all the rebates that the dealers on here have been posting:

Dealer Cash: $500
GM Loyalty: $2500

Based on that, we're looking at $30,496 + TTL for the car if it was being sold for invoice. Now, you're saying that the dealer should sell you the car for $25,900 because Pontiac is going under and the car will be worth $17K used next year? Where does the dealer come up with that extra $5K to give you the car for? I'm not sure what dealership you deal with that would make that deal, but I think there are other people around here that would think that that is just a tad unreasonable.

Oh, BTW, I actually think you're a little high on your estimate for how much a used one will be worth. But that doesn't matter to me because resale value was NOT a big factor for me. :wink2: And again, to reiterate my point, if resale value was THAT important to someone, what are they looking at the G8 GT for? EVEYRONE knows that it will depreciate rapidly, so what's the point in looking at it if depreciation is that important?

While they weren't meant directly for you, let's go through a simple exercise to see if what you're asking for isn't insulting. $25,900 for a loaded 2009 G8 GT, right (that's with Premium, Sport, and Sunroof)? Okay....

MSRP: $35,255
Invoice: $33,496
Edmunds TMV as of today in my ZIP code: $33,166 (only includes $1,500 rebate)

Now, let's start adding all the rebates that the dealers on here have been posting:

Dealer Cash: $500
GM Loyalty: $2500

Based on that, we're looking at $30,496 + TTL for the car if it was being sold for invoice. Now, you're saying that the dealer should sell you the car for $25,900 because Pontiac is going under and the car will be worth $17K used next year? Where does the dealer come up with that extra $5K to give you the car for? I'm not sure what dealership you deal with that would make that deal, but I think there are other people around here that would think that that is just a tad unreasonable.

Oh, BTW, I actually think you're a little high on your estimate for how much a used one will be worth. But that doesn't matter to me because resale value was NOT a big factor for me. :wink2: And again, to reiterate my point, if resale value was THAT important to someone, what are they looking at the G8 GT for? EVEYRONE knows that it will depreciate rapidly, so what's the point in looking at it if depreciation is that important?

The exact point I was trying to make. Thank you.

Im sorry I got overheated. My boxers were riding me.
I had a couple of PM`s from others that really pissed me off so I thought again I was being jumped.
I guess individuals didnt understand what I was saying. Well as you read #25 (Sorry G8BLBYU)..Didnt mean to be a DK.
I dont think Im wrong asking a dealer to take some extra coin off a car that has been sitting for a year.
In my state they are holding onto them like they were gold. But when you go back 2-3weeks later the same car is there and they still do not want to move it. I can afford a 30k plus car but I really dont need one. I was just thinking to get rid of one of my Japanese cars I dont like and get another Pontiac to keep company with my 68...yes I have 3 ricers One is my wifes because gas is already over 3 bucks here. Commuter car.

I dont understand some dealers logic. If you had a 2009.5 than fine. I will take whatever GM is offering in incentives and take the dealer incentive and live with it. But when your VIN is almost a 2008 model thats when I have to jam the breaks on.

Does anyone agree with me? Seems like the way some individuals PM me you would think Im Osama Bin Ladin.

I have owned a mix of GM "muscle" cars in the last 25 years. This will be more of a car for me to enjoy and throw the baby seat in the back and have the kid fall asleep to the rumble of an aftermarket exhaust. Its most likely going to be his one day anyway. Unless GM comes out with another muscle in a few years but its sounds like they are going to be making more *****s than anything.

Im sorry I got overheated. My boxers were riding me.
I had a couple of PM`s from others that really pissed me off so I thought again I was being jumped.
I guess individuals didnt understand what I was saying. Well as you read #25 (Sorry G8BLBYU)..Didnt mean to be a DK.
I dont think Im wrong asking a dealer to take some extra coin off a car that has been sitting for a year.

No worries. I don't think it's wrong to ask the dealer to take some extra off a car that has been sitting for a year. I think there should be some reasonable number there somewhere, but it does take certain things to get there and both the buyer and the dealer have to do some giving and taking.

What irks me are the people who say that since Pontiac is on its deathbed, dealers should be giving these cars away even if it means losing thousands of dollars in the deal. Just looking for some rationality in here.

No worries. I don't think it's wrong to ask the dealer to take some extra off a car that has been sitting for a year. I think there should be some reasonable number there somewhere, but it does take certain things to get there and both the buyer and the dealer have to do some giving and taking.

What irks me are the people who say that since Pontiac is on its deathbed, dealers should be giving these cars away even if it means losing thousands of dollars in the deal. Just looking for some rationality in here.


+1

When I bought my GT in December I really wanted PSM or SBM but was willing to take a 2008. I couldn't find *any* dealers with 2008's that would even come close to dealing.

For the '09's it seems like they (GM) were discounting the older ones (vin 1's) more heavily for a while in the spring while the '08's were sitting with smaller rebates and no extra cash. Made no sense to me.

As a side note regarding dealerships not losing thousands of dollars in the deal -- I bought from a *very* small stand alone Pontiac dealer 150 miles from home and am very glad I did. They were extremely friendly and perhaps the best experience I've ever had. It's a shame they will be gone soon. A dealership like that is one that you really hate to see get screwed.

Ford makes a nice car....

I think i'm going foreign next time.

I think i'm going foreign next time.

I can't believe those words came out of a Wings fans mouth.. err.. wait.. did you mean a russian or swedish car? :us_flag:

And I understand why a lot of people on here that have been owners for a while don't want the prices to drop. I know i'd feel like crap if the prices dropped to the levels we are talking about buying at after I spent closer to MSRP.

But the facts are facts. GM is going through bankruptcy. Some dealers are going away leaving some people without a close service department for warranty work. Pontiac is a dead brank. The G8 isn't going to be produced anymore. This is all a recipe for a drop in prices to unload the stock of vehicles.

Or they can wait and end up like my local Chrysler dealer that was on CNN talking about cutting prices to 50% off MSRP because they have until June 9 to unload their cars.

I think $27k OTD (before down payment or trade in) is a very fair deal based on the current environment. Yet no dealer will even try to negotiate. Every dealer that have sent me a quote and i've sent back a counter offer has not responded. So bet it. Hold out until they are worth even less.

Luckily I am in a position where I don't need a new car so they can take their time.

I can't believe those words came out of a Wings fans mouth.. err.. wait.. did you mean a russian or swedish car? :us_flag:
I've been an advocate for American cars for years. But after sitting back and looking at this whole situation, its obvious American car companies are years behind.

Go drive a IS350, G37, 335, etc... and tell me how they are night/day different from their American "competitors".

And again, to reiterate my point, if resale value was THAT important to someone, what are they looking at the G8 GT for? EVEYRONE knows that it will depreciate rapidly, so what's the point in looking at it if depreciation is that important?

Dude All I am saying is that I would like dealers to come off more than MSRP.

Additionally, the depreciation point is important cause I don't poop money. Anything can happen in life man ,and in these crazy economic times anything can happen to your job, mortgage, etc., that is why resale is important, what if I have twins and need an SUV in a year ? Resale would be important to me then right ? Or what if I my Company I work for goes bankrupt and I have no Job ? Resale would be important to me right ? I can continue with some examples but I think you see my point.

I like the G8 , my and everyone's position in life changes and you cannot plan for everything, that is why resale is important.

The FACT IS THAT since Pontiac is DEAD the car's value will plummet and the only way to protect myself from that is to buy as low as I can. I am sorry this offends you.

I wish we can all be sooo Donald Trump like yourself but I am sorry I am not. I was comisrating with the other forum members here that were unhappy with the prices on the G8 b/c dealers were not moving off of MSRP. Until, you and a few others come in like the BUYING POLICE and give us grief because we are discussing and yes complaining about prices. Jeez......man.....what gives.

" I have no business looking at a G8 ......" seriously bro that is ridiculous on soooo many levels.

"EVEYRONE knows that it will depreciate rapidly, so what's the point in looking at it if depreciation is that important? " - because I like the car and may like to own one if the price is right.


You keep mentioning that resale doesn't matter to you. I am truly happy for you and yours on this. I hope it doesn't offend you and the others in the future when I mention that it is important to me.

Shinzon

Hey Red !!! don't get too hung up on the american car scene. I love the american muscle and I think deep down inside you do tooo. I can dig your frustration with this.

I've been an advocate for American cars for years. But after sitting back and looking at this whole situation, its obvious American car companies are years behind.

Go drive a IS350, G37, 335, etc... and tell me how they are night/day different from their American "competitors".

Of no doubt. I've normally always purchased late model used cars, When I had to replace my car recently, I was likely to do so again.. Including looking at an '06 BMW 330xi.. Ended up getting the G8 GT due to price, 0% apr, performance, warranty, etc..

I come from a "GM" Family, every grandparent, aunt, uncle, and parents have worked (or still work) for GM.. I still understand and know that GM has made HUGE mistakes for DECADES (all the way through the first half of this decade).. Abandoning the EV1, selling GMAC, buying out of FIAT, poor quality, poor pricing, and boy.. was the 305 HO in my '87 Monte Carlo SS a fricken joke! (almost made me wanna buy a ford!)

Unfortunately today, U.S. auto makers haven't matched up with German & Japanese auto makers... Its sad.. But doesn't mean we should abandon all hope..

.....btw.. Lighten up, I was just jokin with ya, IM A HUGE WINGS FAN TOO (since ~1991) 2-2 in the series, back in Hockeytown tomorrow.. where I hope Detroit performs better than they did on the road.

The FACT IS THAT since Pontiac is DEAD the car's value will plummet and the only way to protect myself from that is to buy as low as I can. I am sorry this offends you.

Resell doesn't make any difference to me.. But.. Theres NOT a dang thing wrong with it being important to you and trying to get the best possible deal you can. I had fortune on my side as I got the loyalty incentive and gm employee discount worked in AFTER we negotiated the price and 0% financing.. 0% financing alone will save thousands and thousands and made it well worthwhile for me.

And I understand why a lot of people on here that have been owners for a while don't want the prices to drop. I know i'd feel like crap if the prices dropped to the levels we are talking about buying at after I spent closer to MSRP.

But the facts are facts. GM is going through bankruptcy. Some dealers are going away leaving some people without a close service department for warranty work. Pontiac is a dead brank. The G8 isn't going to be produced anymore. This is all a recipe for a drop in prices to unload the stock of vehicles.

Or they can wait and end up like my local Chrysler dealer that was on CNN talking about cutting prices to 50% off MSRP because they have until June 9 to unload their cars.

I think $27k OTD (before down payment or trade in) is a very fair deal based on the current environment. Yet no dealer will even try to negotiate. Every dealer that have sent me a quote and i've sent back a counter offer has not responded. So bet it. Hold out until they are worth even less.

Luckily I am in a position where I don't need a new car so they can take their time.

It sounds like you're a reasonable person. Obviously, what you think is a fair deal isn't something that the dealers you are dealing with think is fair today. Like it or not, it's still a market economy. They have a product that people are still paying certain prices for, so why should they take it in the shorts for you now when they can sell it closer to where they can make some profit or break even?

Since you're in a position to wait, then you have time on your side. You can certainly wait it out when the dealers have no other choice but to firesale the cars. But, I'm guessing that they'll be doing that for V6 G8s and not too many GTs or GXPs. I could be wrong and you can score a screaming deal.

Not sure about your area, but the Dodge/Chrysler dealers here are far from 50% MSRP. Then again, their brand isn't going away, so Pontiac is not exactly in the same position and may just have to do that on their G3s and G6s.

Dude All I am saying is that I would like dealers to come off more than MSRP.

Additionally, the depreciation point is important cause I don't poop money. Anything can happen in life man ,and in these crazy economic times anything can happen to your job, mortgage, etc., that is why resale is important, what if I have twins and need an SUV in a year ? Resale would be important to me then right ? Or what if I my Company I work for goes bankrupt and I have no Job ? Resale would be important to me right ? I can continue with some examples but I think you see my point.

I like the G8 , my and everyone's position in life changes and you cannot plan for everything, that is why resale is important.

The FACT IS THAT since Pontiac is DEAD the car's value will plummet and the only way to protect myself from that is to buy as low as I can. I am sorry this offends you.

I wish we can all be sooo Donald Trump like yourself but I am sorry I am not. I was comisrating with the other forum members here that were unhappy with the prices on the G8 b/c dealers were not moving off of MSRP. Until, you and a few others come in like the BUYING POLICE and give us grief because we are discussing and yes complaining about prices. Jeez......man.....what gives.

" I have no business looking at a G8 ......" seriously bro that is ridiculous on soooo many levels.

"EVEYRONE knows that it will depreciate rapidly, so what's the point in looking at it if depreciation is that important? " - because I like the car and may like to own one if the price is right.


You keep mentioning that resale doesn't matter to you. I am truly happy for you and yours on this. I hope it doesn't offend you and the others in the future when I mention that it is important to me.

Shinzon

I can see some of your points, but you and I obviously differ on certain things. You say that all you wanted was for "dealers to come off more than MSRP." Well, to me, $25K from $34K is not just coming off more than MSRP. To me, that's pretty much trying to take advantage of someone who you think you have over a barrel and has no other choice.

The other guy who said $27K was being a little more reasonable, but I'm guessing that he'll have to wait until 2010 when the last G8 GTs are on the lots and no one wants to buy them. (Actually, if there are any G8 GTs left right before the lights go out at Pontiac, I'm betting some folks will buy these cars and store them away in hopes of owning a collectible and perhaps scoring big in the future.) Until then, it's obvious that they're able to sell the cars closer to where they aren't giving them away, so thinking that the car can be had at those prices is not reasonable, IMHO.

Also, not sure how you came to assume I was rolling like Donald, but I'm not. Just because I say that depreciation wasn't important to me doesn't mean I'm loaded. Thanks for assuming. Nice. Notice that in my posts, no where did I assume to know anyone's financial position or capabilities. I don't poop money, though I wish I did sometimes.

If resale value was that important to you, why even chance getting the G8? Sure, I can see why you say you want to protect yourself from those scenarios by buying low, but if those things are THAT important to you and you're THAT concerned about them happening, is it worth the risk? I mean, you have two cars that are probably close to being paid off, and you're probably going to take it in the shorts if you had to sell the G8 unexpectedly, so is it really smart to even look at it if you were that concerned about these unforseen events?

Again, I'm not rolling in the dough nor do I know what you're financial wherewithal may be, but let's make some assumptions. If you did get the car for $25K and didn't put anything down, then a year from now, you have to sell it but can only get $17K for it, you're out $8K. Unless you were going to put a lot down, it sounds like you would need the dealer to come down quite a bit more than just MSRP to protect yourself from your scenarios.

I'm not the buying police, but I'm just trying to understand the logic and reasoning behind some of the deals that some people are looking for that just seem unreasonable, and are shocked that dealers aren't willing to go for those deals.

And finally, please tell me on what levels my statement about "no business looking at a G8" is ridiculous . I'd like to know what those levels are. The point is fairly straightforward, like a geometric corollary:

1) The G8 will depreciate rapidly (especially because Pontiac is going away).
2) If depreciation is one of the more important categories for buying a car, don't buy the G8.

I fail to see the problem with this and would be happy to hear an intelligent explanation as to why this is absurd.

If your worried about its resell value, WHY are you buying a car?

Go get that $500 Yogo and be better in the long run wont it? Cars lose value, no matter what it is. Hell I had a RARE used 05 BMW CPO'ed with factory warranty(bought feb 08). Got a insane deal of the lot, due to family working at the dealership. I got a 31k car for 27k. I could buy it today for 21k. So the car went basically drop 30% of its value in 1 year that I had it.

MRSP for the car new was 49500 (which MSRP was paid), so it dropped 58% of its original value in ~4 years.

Point is, cars are bad investments period. Drive it till the wheels fall off and it doesnt matter its worth then. Thus the reason my family keeps car about 10 years, you get your full value out of them then.

Plus they have a certain number that these cars will have to bring in, if not I bet you anything GM just writes them off in court. Why sell them for a loss when you can just write them off.

Cant a mod just close this, seems the OP is just trolling for responses.

I was just told that they are not bringing back the G8 in another nameplate.
They are also not considering bringing back any Holden cars with a GM nameplate because most are rear wheel V8`s. Another reason is that our government is making it really dificult now for any car maker to continue producing these types of cars. Well the socialist nation has started.
You know what that means.. parts are going to be very dificult to find for these autos. They are going to need to be ordered from Australia which can take weeks and more $$ for shipping. So the dealers will end up raising their prices on the service and parts of these cars. But lets still charge 5k over MSRP for a GXP and still charge full MSRP for a used GT. Makes so much friggen sense.
I dont mind paying more for parts but you need to balance it all. My brother who is a General Manager of a dealer in Mass (unfortunatley not a GM dealer) told me to wait for the summer clearence sale thats going to happen. Most likely in July. Granted you will have slim picking on colors but shoot if you can save big $$ by waiting it might be worth it. if not I might just wait for the new SHO.

The SHO is going to have an MSRP of over $38K. Ford will likely produce it in limited numbers, so don't look for any deals on it.

When they came out with the GTO, most dealers were greedy and marked them up over MSRP. Bad idea. They didn't sell at those prices and GM wound up offering huge rebates on them. The same could happen with the G8. It's just a gamble. If they don't sell, then prices will come down and you could reap a huge savings. If they do sell prices will stay up and you are SOL. You just wait and take your chances. I'm glad I bought in February when nobody was looking and prices were lower. It pays to get lucky sometimes.

You are correct in saying we're becoming a socialist nation. The G8 is a vanishing breed of car with CAFE and basically a government run auto industry. That could cause a run on the G8 GT for the enthusiasts who want to get one while they still can. At first I thought prices would come down after they decided to kill Pontiac and the G8, but now I am not so sure.

GTO_04

Just wait a year and get one for $20K with mods and low miles.

Either way they screw you. Now we have all these incentives, so the dealers are being stingy on bringing the initial MSRP down. If there weren't so many incentives, sure they'd take a bit more off MSRP. But you and I and everyone in the U.S. knows that dealers don't pay anything near what the cars are worth, and what they sell them to you for. If they did, none of them would be making a profit. The invoice price is a joke, it's still way too high. Such as when they have "EVERYTHING ON THE LOT MUST GO!" sales, you really think they're losing money by taking $5K-$7K off MSRP? Nope.

Either way they screw you. Now we have all these incentives, so the dealers are being stingy on bringing the initial MSRP down. If there weren't so many incentives, sure they'd take a bit more off MSRP. But you and I and everyone in the U.S. knows that dealers don't pay anything near what the cars are worth, and what they sell them to you for. If they did, none of them would be making a profit. The invoice price is a joke, it's still way too high. Such as when they have "EVERYTHING ON THE LOT MUST GO!" sales, you really think they're losing money by taking $5K-$7K off MSRP? Nope.

Thank you ,this is the point I am making. But everyone doesn't like it when I say it.

Sorry you guys think I am trolling.....just trying to find the best deal there is, and yes then I will deciede if it is worth it for me then. So All you nice guys out there that just tell me not to buy something, I may not. BUT the moral of the story is that I can get a g8 plus premium and sport for 25900 plus TTL.

I also wanted to share this with everyone and how I did it. I don't know why everyone got on my case ?

as for this "And finally, please tell me on what levels my statement about "no business looking at a G8" is ridiculous . I'd like to know what those levels are. The point is fairly straightforward, like a geometric corollary:


I will say this... who the hell are you to tell me I have no business, you are some guy on the internet who can type his opinion. I can say people like you have no business having children, but seriously what weight does that carry...none... So there in is the answer to you geometric corollary .... your statement has no facts in it, just a worthless opinion, therefore making it ridiculous.

I stated facts, Prices off MSRP, rebates and the potential for massive depreciation that I would like to protect myself from.

So...I understand you guys think the car is a great buy and I like the car and I am shopping it out if I want to buy it. So I still don't see where you guys got all bent out of shape by my posts ? Becasue I think Dealers can come off of MSRP more? Seriously ?

I am trying to get the lowest possible price, and the dealerman is trying to get the highest possible price. It seems like you all are MSRP Fanboys, I am not and I am not crying about either I am sharing my pricing experience, I will also continue to share my thoughts and expenience and not be bullied around my peeple posting , don't buy the car then or I have no business.

Very well then, If I do get one I would like to share my ideas, modding etc with you G8BLBYU, I can agree to disagree with you on price but these cars are nice and I like to talk shop. SO there I am tired of typing opn my busted ass keyboard that is why there are sooo many typos....

as for this "And finally, please tell me on what levels my statement about "no business looking at a G8" is ridiculous . I'd like to know what those levels are. The point is fairly straightforward, like a geometric corollary:


I will say this... who the hell are you to tell me I have no business, you are some guy on the internet who can type his opinion. I can say people like you have no business having children, but seriously what weight does that carry...none... So there in is the answer to you geometric corollary .... your statement has no facts in it, just a worthless opinion, therefore making it ridiculous.

I stated facts, Prices off MSRP, rebates and the potential for massive depreciation that I would like to protect myself from.


You've obviously missed my point with that statement and it makes no sense to try and offer any additional logical and reasonable explanations. You've obviously chosen to take an emotional approach rather than a sane and meaningful approach. (Seriously, I'm an MSRP fanboy? LOL I didn't pay MSRP for my car.) So, you're saying that if depreciation was that important to someone then it still makes sense for them to look at a car that will depreciate very rapidly? That sure makes sense to me. </sarcasm>

My very first post in this thread was to ask what people thought was a reasonable price to pay for the car because it seemed that people were asking for what seemed like unreasonable deals. You decided to take it personally for some reason. (Oh, BTW, you're $25,900 is actually reasonable because it was AFTER you figured in your GM points. $28,900 for a G8 GT with Prem and Sport after rebates is almost $5,500 below MSRP for that car. But it sounds like that's not enough for you.)

IMHO, some of the folks complaining are those who see Pontiac's demise as an opportunity to try and take advantage of dealers who they think should give the cars away. While not explicitly saying it, the constant mention of the fact that "GM is in BK", "Pontiac is being shut down", "these cars won't be worth much", etc. leads me to believe that some of these folks see this as their opportunity to turn the tables on the dealers and give them a dose of their own medicine. That's fine. That's their perogative. Maybe if they wait long enough and if there are still new cars left, they can get their fire sale G8.

But here's the thing. As long as the market bears the price, that's what they will sell it for. Plain and simple.

This is my last post on this topic. I hope you get the car that makes you happy.

[QUOTE=G8BLBYU;260851]You've obviously missed my point with that statement and it makes no sense to try and offer any additional logical and reasonable explanations. You've obviously chosen to take an emotional approach rather than a sane and meaningful approach. (Seriously, I'm an MSRP fanboy? LOL I didn't pay MSRP for my car.) So, you're saying that if depreciation was that important to someone then it still makes sense for them to look at a car that will depreciate very rapidly? That sure makes sense to me. </sarcasm>

QUOTE]

You are obviously NOT READING what i type - I have been saying the car is nice , I have been saying that depreciation is important. I have been saying that I am shopping the car out and buying as low as I can to protect myself from the depreciation, Yes it makes sense to buy something that is nice like the g8, that will loss lots of it's value, it called a cost benefit analysis hoping for a return on investment all the time calculating in the fun factor of the car.

Jeeeeeebus man....

Yes, I have a reasonable price. Does that mean I shouldn't look for a better price ?

I am sooo happy you won't be responding any longer, take your ball and go home. Because you were the one that trolled this thread up.

They have a product that people are still paying certain prices for, so why should they take it in the shorts for you now when they can sell it closer to where they can make some profit or break even?

What you fail to understand is the dealers i'm talking about is not moving product. I've seen their inventory every day when I drive by and it hasn't moved much. 1 or 2 here and there, but mostly the same G8s sitting in the same spots.


Not sure about your area, but the Dodge/Chrysler dealers here are far from 50% MSRP. The dealer in town here is one of the dealers that got the axe from Chrysler. After June 9 they can't see Chrysler vehicles and since Chrysler is going through bankruptcy, they aren't entitled to buy their inventory back. So this dealer is sitting on a bunch of inventory he MUST sell before June 9....hence the 50% off MSRP on some cars. It was on CNN.

What you fail to understand is the dealers i'm talking about is not moving product. I've seen their inventory every day when I drive by and it hasn't moved much. 1 or 2 here and there, but mostly the same G8s sitting in the same spots.

The dealer in town here is one of the dealers that got the axe from Chrysler. After June 9 they can't see Chrysler vehicles and since Chrysler is going through bankruptcy, they aren't entitled to buy their inventory back. So this dealer is sitting on a bunch of inventory he MUST sell before June 9....hence the 50% off MSRP on some cars. It was on CNN.






So can i get a brand new Viper for 50% off MSRP?:wink2:

yea I've seen it too. People around here have been getting 40% off new Chryslers. And they advertise it at that price as well.

As for the G8, around my area I'm lucky to have a few that MSRP for $33210 with sport/premium. I figure they take about $2000 off that price to get me near "invoice", then I can use the $4500 in rebates/dealer cash, my topped off $2000 GM card points, and that puts me at $24710 before TTL. Not too bad I say.

Yes, I have a reasonable price. Does that mean I shouldn't look for a better price ?

I am sooo happy you won't be responding any longer, take your ball and go home. Because you were the one that trolled this thread up.[/quote]

Shinzon, I think where you are pissing everyone off is that you are stating the dealers not selling for less than 25K is unreasonable, I don't think some of those following this post realize you are including the 3K card points. Quit combining those two. You are upset that the dealers will not sell for less than 28,900 with all of the incentives, the credit card points are like cash and should not even considered when discussing the sale price. While I agree with you that I would not have purchased my car for that, i still do not think that even that is unreasonable. After all I paid more than that for my 2000 T/A WS6 back in 1999, and it is considerably less car (though still funner to drive). Also keep in mind that there is some basic economics going one here. With the supply of G8 thought to be gone, and the demand for them rising, there is no way that prices would not go up. For those of you that thought the demise of Pontiac (which has been speculated now for many months) and GM's bankruptcy (which has at least been a possibility for close to a year) would scare everyone away from the G8 driving prices through the floor, it does not look like that is going to happen and you will either have to reconsider what you are willing to pay or look elsewhere. I wonder what Chevrolet was getting for the Impala SS in relation to the MSRP, back in 96 or whenever it was that it decided to discontinue them. I suspect you will see similar pricing going on for the G8's in the coming months. Also, everyone needs to remember that while the G8 may be gone, the Holden Commodor, Chevrolet Lumina SS, and Vauxhall VXR8 are going to be around for a while longer and all share the underpinnings with the G8.

The G8 is like any other imported drug. When the government/GM closes the borders to affordable RWD V8s, the price goes up.

their demand is not really rising. The reason they started selling is because of all the incentives they have been giving out. A car that's in demand is something dealers can't keep on the lot, like the Camaro. There are dealers with the same G8s on their lots for months now. It is not a car in demand.

their demand is not really rising. The reason they started selling is because of all the incentives they have been giving out. A car that's in demand is something dealers can't keep on the lot, like the Camaro. There are dealers with the same G8s on their lots for months now. It is not a car in demand.
I would somewhat disagree with you on that one. While it may not be as hot a commodity as the Camaro is right now, it is still desirable. Some dealers have the same old cars sitting on their lots because they were trying to get MSRP for these cars all along and if given the choice of paying MSRP or saving 2,000 - 4,000 dollars most of the buying public will choose the later and go to the dealers making deals. Even before the huge incentives, there were still some dealers making deals and selling these cars like hot cakes.

maybe, but just look at the sales numbers by month. They didn't start to heat up until March and April, when they started giving out crazy incentives.

Back in March the dealers where practically giving these away.
Your right the incentives started to come in and the car I feel was starting to be respected and than all hell broke lose. The car started selling with the help of these incentives and by people like all of you. Nobody really still knows what a G8GT is but the word is out.
I hope GM really sees what this platform started to bring to Pontiac. Its a Fkg shame!
Maybe they will realize it and bring it back as a .. Hmmmmm??

If these last til fall, then maybe more rebates will fly. RWD + Winter = spooky for buyers

GNX ?

I had a dealer quote me $30,600 OTD for a loaded GT. I sent him an offer of $26,500 back and got no response. Yea...thats how you sell cars. Don't respond to negotiations.

I've been a GM supporter for years and always planned on being one. But I think the day has come to cross over to the darkside and see what all the fuss is all about with the imports. I want some bang for my buck.

$26.5 is almost $9K off of sticker assuming this is a second production run (S/N L2) GT with all options. I don't know any dealer that is going to take that deal - especially if it is before rebates (you didn't indicate your math).

They may be bankrupt, that doesn't mean any dealer is going to give away product.

I can see some of your points, but you and I obviously differ on certain things. You say that all you wanted was for "dealers to come off more than MSRP." Well, to me, $25K from $34K is not just coming off more than MSRP. To me, that's pretty much trying to take advantage of someone who you think you have over a barrel and has no other choice.

The other guy who said $27K was being a little more reasonable, but I'm guessing that he'll have to wait until 2010 when the last G8 GTs are on the lots and no one wants to buy them. (Actually, if there are any G8 GTs left right before the lights go out at Pontiac, I'm betting some folks will buy these cars and store them away in hopes of owning a collectible and perhaps scoring big in the future.) Until then, it's obvious that they're able to sell the cars closer to where they aren't giving them away, so thinking that the car can be had at those prices is not reasonable, IMHO.

Also, not sure how you came to assume I was rolling like Donald, but I'm not. Just because I say that depreciation wasn't important to me doesn't mean I'm loaded. Thanks for assuming. Nice. Notice that in my posts, no where did I assume to know anyone's financial position or capabilities. I don't poop money, though I wish I did sometimes.

If resale value was that important to you, why even chance getting the G8? Sure, I can see why you say you want to protect yourself from those scenarios by buying low, but if those things are THAT important to you and you're THAT concerned about them happening, is it worth the risk? I mean, you have two cars that are probably close to being paid off, and you're probably going to take it in the shorts if you had to sell the G8 unexpectedly, so is it really smart to even look at it if you were that concerned about these unforseen events?

Again, I'm not rolling in the dough nor do I know what you're financial wherewithal may be, but let's make some assumptions. If you did get the car for $25K and didn't put anything down, then a year from now, you have to sell it but can only get $17K for it, you're out $8K. Unless you were going to put a lot down, it sounds like you would need the dealer to come down quite a bit more than just MSRP to protect yourself from your scenarios.

I'm not the buying police, but I'm just trying to understand the logic and reasoning behind some of the deals that some people are looking for that just seem unreasonable, and are shocked that dealers aren't willing to go for those deals.

And finally, please tell me on what levels my statement about "no business looking at a G8" is ridiculous . I'd like to know what those levels are. The point is fairly straightforward, like a geometric corollary:

1) The G8 will depreciate rapidly (especially because Pontiac is going away).
2) If depreciation is one of the more important categories for buying a car, don't buy the G8.

I fail to see the problem with this and would be happy to hear an intelligent explanation as to why this is absurd.

Exactly how I feel, couldn't have said it better than myself. If you're deeply concerned about depreciation, car payments, and getting the best deal on the planet, a Pontiac G8 is not for you. Honda Civics have great resale value and low cost of ownership. That is the way it is. And like you, I have nothing in common with Donald Trump (and Hell, Trump's casino is bankrupt again).

I feel everyone has there own thoughts opinions on what might just happen. Maybe some strong depreciation ..maybe not.
Im starting to think different because it all depends on the demand. Like I said in my previous post the word is out on these cars. People are finally noticing and asking questions. GM did stop production so all these cars will not be replaced anytime soon. Once the stock has been reduced I doubt that GM is going to start production on the G8 afterwards. They have enough in the yards for the next several months.

Funny how you mentioned a Honda Civic, Thats what I just picked up for my winter car.
Figured Im going to need one and no way Im driving a RWD V8 through a New England winter. Been there done that. I will keep the other in the garage until the first thaw.

My formula

Rebates + Dealer coming off MSRP + GM CARD or Coupons +/- Depreciation +/- Percieved Demand (directly related to dealer coming off MSRP) divided by how long you think you will keep the car Multiplied by your gotta have it fun factor = IF YOU WILL BUY

Yes, people Depreciation is an important factor for me but it gets thrown into the equation accordingly. Dead brand is a factor if you keep it for less than 4 years, 5 and after that and over 100,000mi the car ain't worth poopy anyways. As most cars aren't worth dicky at that age and miles. Maybe get 3-4 grand for it. But if purchased at 25k / 6 years - 3 grand selling at the end = 3666 a year. So the car is cost you 305 a month to own, after all is said and done. ( Sans Repairs, Gas, Tires etc. )

So ...

^^^ Snowtires and Posi go a long way ^^^^^

I'm with you Shizon. I was all hot and heavy for a G8 for about 3 months and now I wouldn't buy one for more than that $26K. The wholesale value according to KBB is already $22K and we're still in 2009! Therefore anybody paying $30K for this car is paying ~ $8K above trade in which is WAY too much IMO. Not to mention that the G8 will probably worth around $11K in 3 three years so unless you put a big chunk of change down on the car, you'll be upside down and in a big way at that.

I just stole one at 26,500 OTD - 09 Prem Sport and I took another 3,000 off for GM reward cash... So I'm at 23,500 and right where I want to be, now I have to keep the car for the next 5 years... Not a problem!

double post Oo

I can see some of your points, but you and I obviously differ on certain things. You say that all you wanted was for "dealers to come off more than MSRP." Well, to me, $25K from $34K is not just coming off more than MSRP. To me, that's pretty much trying to take advantage of someone who you think you have over a barrel and has no other choice.

The other guy who said $27K was being a little more reasonable, but I'm guessing that he'll have to wait until 2010 when the last G8 GTs are on the lots and no one wants to buy them. (Actually, if there are any G8 GTs left right before the lights go out at Pontiac, I'm betting some folks will buy these cars and store them away in hopes of owning a collectible and perhaps scoring big in the future.) Until then, it's obvious that they're able to sell the cars closer to where they aren't giving them away, so thinking that the car can be had at those prices is not reasonable, IMHO.

Also, not sure how you came to assume I was rolling like Donald, but I'm not. Just because I say that depreciation wasn't important to me doesn't mean I'm loaded. Thanks for assuming. Nice. Notice that in my posts, no where did I assume to know anyone's financial position or capabilities. I don't poop money, though I wish I did sometimes.

If resale value was that important to you, why even chance getting the G8? Sure, I can see why you say you want to protect yourself from those scenarios by buying low, but if those things are THAT important to you and you're THAT concerned about them happening, is it worth the risk? I mean, you have two cars that are probably close to being paid off, and you're probably going to take it in the shorts if you had to sell the G8 unexpectedly, so is it really smart to even look at it if you were that concerned about these unforseen events?

Again, I'm not rolling in the dough nor do I know what you're financial wherewithal may be, but let's make some assumptions. If you did get the car for $25K and didn't put anything down, then a year from now, you have to sell it but can only get $17K for it, you're out $8K. Unless you were going to put a lot down, it sounds like you would need the dealer to come down quite a bit more than just MSRP to protect yourself from your scenarios.

I'm not the buying police, but I'm just trying to understand the logic and reasoning behind some of the deals that some people are looking for that just seem unreasonable, and are shocked that dealers aren't willing to go for those deals.

And finally, please tell me on what levels my statement about "no business looking at a G8" is ridiculous . I'd like to know what those levels are. The point is fairly straightforward, like a geometric corollary:

1) The G8 will depreciate rapidly (especially because Pontiac is going away).
2) If depreciation is one of the more important categories for buying a car, don't buy the G8.

I fail to see the problem with this and would be happy to hear an intelligent explanation as to why this is absurd.

:ftw: Post of the day award. I knew when I bought my G8 GM would probably go bankrupt. I also knew that the resale of almost any american car sucks @#$...that's not why I bought the car.

If you are in a position where you are worrying about having to trade in the g8 because of a life change situation, i.e., kids...you honestly are better off to wait.

Secondly, if you are in a position to wait...you really should wait. Maybe at some point the G8's will be selling at your target price point...but I wouldn't get mad at dealer's who are trying to make a living for not selling you the car for a third of the price. I really don't get wtf is wrong with people.

Also, I believe last month was the G8's best selling month on record...why would they keep discounting if there are few bucks to be made?

I just stole one at 26,500 OTD - 09 Prem Sport and I took another 3,000 off for GM reward cash... So I'm at 23,500 and right where I want to be, now I have to keep the car for the next 5 years... Not a problem!


HERE IT IS PEOPLE ....................THE BEST BUY ............

This is what I have been saying all along...\

He got his cut off MSRP and then applied rebates.

This is the REAL SELLING PRICE. $23,500

WELL DONE ! Please post pics. For that I would get one.

Where you at ? Northeast , southwest ???

HERE IT IS PEOPLE ....................THE BEST BUY ............

This is what I have been saying all along...\

He got his cut off MSRP and then applied rebates.

This is the REAL SELLING PRICE. $23,500

WELL DONE ! Please post pics. For that I would get one.

Where you at ? Northeast , southwest ???

NO, it's not the REAL SELLING PRICE.

The real selling price was 26,500... he used 3,000 from GM rewards card. If he didn't have the rewards card, he doesn't get the 23,500.

that being said... THE REAL PRICE OF 26,500 is a smokin deal.

that is the real price for me b/c I have the gm points as well as thousands of other card holders.

I only have $2000, but that's still pretty good.

I just stole one at 26,500 OTD - 09 Prem Sport and I took another 3,000 off for GM reward cash... So I'm at 23,500 and right where I want to be, now I have to keep the car for the next 5 years... Not a problem!

Yes, please tell... I've been searching fairly intensely for the past week in Southeast PA and I can't get a dealer to even come under 30k. Shoot, I'd travel, fly even, if it meant saving that much. Congrats, I can only hope to find such a competitive price.

I'm with you Shizon. I was all hot and heavy for a G8 for about 3 months and now I wouldn't buy one for more than that $26K. The wholesale value according to KBB is already $22K and we're still in 2009! Therefore anybody paying $30K for this car is paying ~ $8K above trade in which is WAY too much IMO. Not to mention that the G8 will probably worth around $11K in 3 three years so unless you put a big chunk of change down on the car, you'll be upside down and in a big way at that.

I would not count on that... A 1996 Impala SS with 80,000 miles in excellent condition with similar options to the G8 GT is still worth $11,400. If GM does not come out with some sort of RWD performance sedan (other than the upscale caddy) to replace the G8 i suspect it will retain it's value very well as long as it does not turn out to be poorly put together which so far does not appear to be the case.

I would not count on that... A 1996 Impala SS with 80,000 miles in excellent condition with similar options to the G8 GT is still worth $11,400. If GM does not come out with some sort of RWD performance sedan (other than the upscale caddy) to replace the G8 i suspect it will retain it's value very well as long as it does not turn out to be poorly put together which so far does not appear to be the case.

Except that a 96 Chevy Impala SS is worth $8K Retail and $6K Trade in (actually not bad).....Also the Chevy Impala is NOT a dead brand like Pontiac.

Two weeks ago I tried to buy a new GT at my local dealer and could not swing it. The dealer was taking nothing off the price! He said its the best selling Pontiac model they have right now. I was also kind of PISSED to know that I have an 98 Buick GS in my driveway but DIDN'T qualify for the owner loyalty rebate. Had to be 99 or newer. THAT is BS!! The salesmanager is asking me "do you have ANY family member that owns a GM?" and I'm like, uh..yeah, there is one I OWN sitting in my driveway...but it doesn't count!. I was getting on my Motorcycle to leave when the manager comes out and says he "forgot" about the 2009 SRM GT on the used lot that had 4,500 miles on it. Turns out the owner couldn't live without the GXP when it came out and traded in the GT he bought in January. I got it for 26K before my trade in, which was the Harley I was riding. They gave me what I asked for the bike and I drove the GT home. Still drives and smells like new and was bone stock. Did I get a good deal? I think so. I hear of people getting NEW GT's for 26.5 OTD, but it is NOT happening in my neck of the woods. Resale? Who cares. I bought the car because I love everything about it. OTOH, I believe it WILL hold its value better than your average GM vehicle. It is a special car. GM didn't make it, which is precisely why it works so good as a total package.

BTW, Why did one of you quote wholesale value as an indicator of resale value? If you are fool enough to take such a low price instead of selling the car yourself...YOU just set the value of your car way too low...nobody else.

you must live in the northeast

you must live in the northeast

y'all should a fixin' too come on down to texas wheres the folks arein a bit more friendly... good grief, whuts up with that? :judge:

Except that a 96 Chevy Impala SS is worth $8K Retail and $6K Trade in (actually not bad).....Also the Chevy Impala is NOT a dead brand like Pontiac.

The KBB, NADA, etc guides have never been accurate on the actual sale prices of the '94-96 Impala SS. They were low even before the SS values dropped as they have in recent years.

I'd expect the GXP to be similar, dead brand or not, given the type of person who's likely to purchase a GXP over the standard GT. It'll be a similar sort of buyer the Impala SS had over the Caprice. Sure, there will be some that have the, "OMG, Pontiac is gone!" outlook, but I bet there are more that are thinking, "Wow, it sure is neat to have the most powerful and last performance Pontiac ever built."

Time will only tell how well the resale value holds on the GXP. I think stating it'll drop like a rock is as fool-hardy as saying it'll stay really high.

Dead brand is beyond irrelevant-nobody who cares about that would be spending their time on this board. A very small quantity of the best Pontiac ever built are available now, less every day, and you get a ****load off...what else do you need ?

The GXP I feel will retain its value pretty damn good. This is a limited car now. Especially if they do not plan on bringing it back for 2010. We have dealers in CT that are selling them for 5k over MSRP. They are selling them too. I know because I looked at one and a guy had offered 2k more than I offered and guess who got the car? Not me!
The GT`s are a different story They are selling but not in numbers in CT.
To me thats a sign of value retention for the GXP.

The GXP should hold its value much better than the GT. However, both will be worth little if driven often and in poor condition in 20 years. If you plan on keeping the car low mileage and out of the winter salt, the GXP could be a good bet on high future resale value. If you plan on driving the car, it will look like it and won't be worth big $$ unless restored for big $$.

Just my opinion - but I find it hard to drive a car daily and keep it in showroom new condition forever.

Maybe you should consider buying a Camaro! I talked to a small dealer

in Newark, Ohio today and he said they don't have any. Someone took

delivery on one today. He said they should be getting another one in a

month.

I asked him about price and he said MSRP plus.

Kinda reminds me about last year when the G8 GT was new and everyone

wanted one and that's what they were selling for. Who knew Pontiac

would be dead now and who knows about Camaro in 2011?

Also, I have a 2008 G8 GT which I bought in June, 2008.

[quote=Wicked Red G8;264376]Maybe you should consider buying a Camaro!

I like the Camaro but I think the GXP is a much nicer car. Its more practical than the Camaro and a lot more comfortable. I driven the new Camaro and it does have balls but the interior is not that attractive to me as the GXP plus the GXP has 4 doors. Good for a family fun car. lol!! :gears:

Forget about the Camaro. A dealer near me has a used V6 with 322 miles for $39,985!!

As for the availability of the G8 GT, come to NJ. The dealers here have had the same ones sitting on their lots for months. No problem.

I just got a certificate in the mail with the Owner Appreciation Cash on it ($2500) for the G8. I didn't know you needed a certificate to get this?

Marketing Propaganda

Except that a 96 Chevy Impala SS is worth $8K Retail and $6K Trade in (actually not bad).....Also the Chevy Impala is NOT a dead brand like Pontiac.

Not that I have one or did much research, but I just checked again and KBB has the retail price in EXCELLENT condition as just over 11k for my area as the default, then when you add leather, dual power seats, CD player, and prem wheels the price goes to $11,455. Did not bother checking NADA, Edmunds, or any other sources. Also as someone else mentioned, it would not suprise me if you found one in excellent cond epecially if it low miles that it would go for more. Just out of curiosity, what does a low mileage GN go for these days. All I am getting at is not ALL GM's depreciate like a G6, Cavalier, Alero, etc. And if this one ends up being as special as most on this forum believe it is, I suspect it will hold it's value fairly well. I think this will hold even more true if Obama Motors, refuses to allow this vehicle to be rebadged and imported as another make.

Two weeks ago I tried to buy a new GT at my local dealer and could not swing it. The dealer was taking nothing off the price! He said its the best selling Pontiac model they have right now. I was also kind of PISSED to know that I have an 98 Buick GS in my driveway but DIDN'T qualify for the owner loyalty rebate. Had to be 99 or newer. THAT is BS!! The salesmanager is asking me "do you have ANY family member that owns a GM?" and I'm like, uh..yeah, there is one I OWN sitting in my driveway...but it doesn't count!. I was getting on my Motorcycle to leave when the manager comes out and says he "forgot" about the 2009 SRM GT on the used lot that had 4,500 miles on it. Turns out the owner couldn't live without the GXP when it came out and traded in the GT he bought in January. I got it for 26K before my trade in, which was the Harley I was riding. They gave me what I asked for the bike and I drove the GT home. Still drives and smells like new and was bone stock. Did I get a good deal? I think so. I hear of people getting NEW GT's for 26.5 OTD, but it is NOT happening in my neck of the woods. Resale? Who cares. I bought the car because I love everything about it. OTOH, I believe it WILL hold its value better than your average GM vehicle. It is a special car. GM didn't make it, which is precisely why it works so good as a total package.

BTW, Why did one of you quote wholesale value as an indicator of resale value? If you are fool enough to take such a low price instead of selling the car yourself...YOU just set the value of your car way too low...nobody else.

You got an OK deal, not great. You like the car, enjoy it.

NO g8 -gt in canada available ( none coming ) just spoke to gm head office in canada
got about 1000 miles on mine just got offered $ 4,000 more than i paid for mine GET ONE IF YOU CAN ( best car i ever owned) including my jags !!
willie

:( So true - just checked myself.

Also - next to no V6 G8's available. I think I'll have to go over to a Camaro instead, which is the lesser choice. :whine:

You got an OK deal, not great. You like the car, enjoy it.

Exactly... certainly you want to get the best deal available, but if you know it's in the ballpark, feel it's fair, and don't have buyers remorse then don't look back. These cars are easy to enjoy!

I'm new and considering a G8 GT to replace my Jetta GLI for the added space AND the fact that I think American RWD V8 sports sedans won't be produced again for under $40k like the G8. Anyway, one of my dealers is basically asking for my GM Supplier pricing + the GM loyalty + normal rebate. It adds up to $5300 off the MSRP, but I can't bring myself to pull the trigger. Why not? The price is too high for what is a KNOWN dead brand. The dealer's price of $28k was $4k over what I could trade it in for or what my insurance company would pay if it were a total loss in the first month of ownership (yes, I've heard of Gap insurance, but not all of my usual lenders offer it). I just can't drive off the lot with that much negative equity.

I've seen a few threads on here discussing the price and there seem to be a number of people saying to just suck it up and take any deal if you want the car bad enough. My perspective is different since I've bought a new car just about every year since 2002 and gotten much more off of a couple of cars: one (an '04 X-Type) was known to not be replaced with a new model even though the brand would still be around and the other (an '06 Commander) was being produced/is being produced now. Jaguar offered $8k in 'marketing support' and the dealer sold it to me for $500 over invoice which worked out to paying $22k for a car with an MSRP of $31,500. The Jeep had a regular rebate of $3k and a factory to dealer rebate of $4k for $7k off; I got $10k off because I found some deals online five states away for $10k off MSRP.

Does anyone else recall how cheap Oldmobile's were when they killed off the brand? By the end, it wasn't unusual to find new ones for 50% off MSRP at the dealership. I'm waiting for $10k off like I've seen a few people on here post that they've gotten then I'll pull the trigger if they're still around. If not, oh well, I can get another Infiniti G.

so at the end of 2010 you'll be seeing leftover G8s for $16,000

Yea Ninja, best quote I got over here in CA was a little over 28K for a new GT with premium and sport.

While some may say 5K is a good discount (probably those who paid more), do consider the discontinued brand and the myriad of technical service issues. Even Edmunds' editors had issues getting their G8 done right.

I bought my V6 G6 when it first came out only to watch its value plummet like a rock since then (and that was before Pontiac was killed). Sure makes it hard to trade in and get a new car later. So do I want the same thing to happen on this next purchase?

Still, my support for Pontiac is strong and I'm willing to buy. However, like what some of the forum members here said, the dealers don't seem to be discounting any.

CU price - rebate - owner loyalty are Pontiac's discounts. Where is the dealer's discount?

Lots of Dodge dealers here are knocking at least 2K off plus manufacturer incentives.

I would buy if any dealer was willing to knock off even a paltry 1K - shows that they are serious about selling. One dealer here actually had the cheek to stick to MSRP-rebate, saying that "it's a collector item".

So yea - incentives are nice but where is the DEALER's discount? Even Toyota in my area has dealer discounts. I'm still looking at the G8 but at the same time I'm looking at some MADE IN USA cars too, BRANDED in USA just lost its luster.

anything is possible they had a 10k rebate on the 2004 GTO

Does anyone else recall how cheap Oldmobile's were when they killed off the brand? By the end, it wasn't unusual to find new ones for 50% off MSRP at the dealership.
The difference is that Oldsmobile did not make any unique or valuable cars relative to the competition. Unless GM regains its sanity (and the Australian exchange rate is favorable), you can't get anything comparable to the G8 for anywhere near the money, and that may be the case for all eternity. Given the steady rate of G8 sales and fact that dealers are now selling cars much faster than they are being built (because the factories are offline), I suspect the dealers are going hold out for more profit until they are forced to close. Does anyone have any projections about GM incentives for the rest of year?

Yea Ninja, best quote I got over here in CA was a little over 28K for a new GT with premium and sport.

While some may say 5K is a good discount (probably those who paid more), do consider the discontinued brand and the myriad of technical service issues. Even Edmunds' editors had issues getting their G8 done right.

I bought my V6 G6 when it first came out only to watch its value plummet like a rock since then (and that was before Pontiac was killed). Sure makes it hard to trade in and get a new car later. So do I want the same thing to happen on this next purchase?

Still, my support for Pontiac is strong and I'm willing to buy. However, like what some of the forum members here said, the dealers don't seem to be discounting any.

CU price - rebate - owner loyalty are Pontiac's discounts. Where is the dealer's discount?

Lots of Dodge dealers here are knocking at least 2K off plus manufacturer incentives.

I would buy if any dealer was willing to knock off even a paltry 1K - shows that they are serious about selling. One dealer here actually had the cheek to stick to MSRP-rebate, saying that "it's a collector item".

So yea - incentives are nice but where is the DEALER's discount? Even Toyota in my area has dealer discounts. I'm still looking at the G8 but at the same time I'm looking at some MADE IN USA cars too, BRANDED in USA just lost its luster.

Where in CA did you get a number of 28K? You're spot on about dealers not discounting and using the GM incentives as "their" discount. The deal should be x dollars negotiated off list and then deal with the GM incentives. Dealers are advertising as MSRP less a few hundred less the GM incentives and calling this their net retail.

As far as the G8 being a "collectors item", that's pretty creative marketing on the dealer's part. I wouldn't buy the car banking on that and the reality is a majority of current owners won't own these cars anywhere near the potential length of time necessary before the car may even be considered desireable as a collectible. It may never be considered as a collectible.

Hi Tripower,

I got my best quote of 28.23K from a dealer in Woodland, CA. I am in the Sacramento area. I even tried dealers in the Bay Area.

This quote is the result of GM Supplier Price - Rebate - Owner Loyalty - Dealer rebate. No other dealer has offered the $500 dealer cash. Now mind you, I did not push any of the other dealers hard. All this is via Internet, email and phone. Some dealers were sneaky and wanted me to come in before they were willing to discuss pricing (sadly including my original Pontiac dealer saying crap like "Come in and we'll take care of you since you were a customer" but won't give me a quote).

"Collector's Item"? The more I read this forum, the more put off I get. It looks like the only good thing going for the G8 is the engine. Look at all the issues forum members are posting about (e.g. flaky paint, crappy RSA tires, faulty Lower Control Arm).

What is scary is that these issues manifest themselves as subtle symptoms - not obvious enough to be a manufacturing fault (thus covered by warranty). Dealers/GM Rep can easily say "paint chips are not warranty", "vibration is normal", "suspension clunk is normal". Fighting to get in-warrranty service now is one thing, but when GM goes through bankruptcy and Pontiac warranties gets managed by some government arm, how much service will we owners get? You've read reports about how the Obama Auto Team strong-armed Chrysler. They can easily say those issues are not in-warranty repairs.

So it's not unreasonable to expect future G8 buyers to want a decent sized discount for taking this risk. Any money saved upfront off MSRP might probably end up being spent on repairs later.

"collector's item"? The more i read this forum, the more put off i get. It looks like the only good thing going for the g8 is the engine. Look at all the issues forum members are posting about (e.g. Flaky paint, crappy rsa tires, faulty lower control arm).

What is scary is that these issues manifest themselves as subtle symptoms - not obvious enough to be a manufacturing fault (thus covered by warranty). Dealers/gm rep can easily say "paint chips are not warranty", "vibration is normal", "suspension clunk is normal". Fighting to get in-warrranty service now is one thing, but when gm goes through bankruptcy and pontiac warranties gets managed by some government arm, how much service will we owners get? You've read reports about how the obama auto team strong-armed chrysler. They can easily say those issues are not in-warranty repairs.

So it's not unreasonable to expect future g8 buyers to want a decent sized discount for taking this risk. Any money saved upfront off msrp might probably end up being spent on repairs later.



amen bro!

[quote=G8BLBYU;260851]

QUOTE]

You are obviously NOT READING what i type - I have been saying the car is nice , I have been saying that depreciation is important. I have been saying that I am shopping the car out and buying as low as I can to protect myself from the depreciation, Yes it makes sense to buy something that is nice like the g8, that will loss lots of it's value, it called a cost benefit analysis hoping for a return on investment all the time calculating in the fun factor of the car.

Jeeeeeebus man....


Here's the thing, you're trying to predict if and when the price of a new G8 will go down, or below what you're expecting. You sound like someone that is trying to pick when the stock market will be at it's low and then scoop things up cheap. But we all know that there are very few people that possess that talent.

While depreciation is an important aspect of your purchase decision you also have to realize that the dealer would like to make money on the deal. I believe that dealer hold back is 3% on the MSRP of a Pontiac. So (for example) if MSRP is $34K and dealer cost is $32K the dealer's break even point would be $30,980 (within 45 days of the car being on the lot - longer time=less holdback money). Holdback info: http://www.jdoqocy.com/image-3193634-10364102http://www.edmunds.com/advice/incentives/holdback/index.html (http://www.jdoqocy.com/click-3193634-10364102?URL=http%3A%2F%2Fwww.edmunds.com%2Fadvice %2Fincentives%2Fholdback%2Findex.html) (if the link doesn't work type in "dealer holdbacks" into google).

Do you really think the dealer should give the car away and not make any money just because you don't like what the resale value would be? A dealer is like every other business. They need to pay rent, employees, creditors, etc.

Sure you can wait and see if there are any G8s left over when the dealers close in Sept/Oct 2010. If you really like the car you're taking a big chance. Of course you could buy a used one cheap but being that the G8 is a performance car I have a feeling it's going to be pretty abused.

Hi Tripower,

I got my best quote of 28.23K from a dealer in Woodland, CA. I am in the Sacramento area. I even tried dealers in the Bay Area.

This quote is the result of GM Supplier Price - Rebate - Owner Loyalty - Dealer rebate. No other dealer has offered the $500 dealer cash. Now mind you, I did not push any of the other dealers hard. All this is via Internet, email and phone. Some dealers were sneaky and wanted me to come in before they were willing to discuss pricing (sadly including my original Pontiac dealer saying crap like "Come in and we'll take care of you since you were a customer" but won't give me a quote).

"Collector's Item"? The more I read this forum, the more put off I get. It looks like the only good thing going for the G8 is the engine. Look at all the issues forum members are posting about (e.g. flaky paint, crappy RSA tires, faulty Lower Control Arm).

What is scary is that these issues manifest themselves as subtle symptoms - not obvious enough to be a manufacturing fault (thus covered by warranty). Dealers/GM Rep can easily say "paint chips are not warranty", "vibration is normal", "suspension clunk is normal". Fighting to get in-warrranty service now is one thing, but when GM goes through bankruptcy and Pontiac warranties gets managed by some government arm, how much service will we owners get? You've read reports about how the Obama Auto Team strong-armed Chrysler. They can easily say those issues are not in-warranty repairs.

So it's not unreasonable to expect future G8 buyers to want a decent sized discount for taking this risk. Any money saved upfront off MSRP might probably end up being spent on repairs later.

:iagree:
I Go to NADA/KBB/ What I paid for and what it was worth was over 3k depreciation and I didn't even have 1000 miles on it yet.
I had to wait 4.5 weeks for a new turn signal. & almost 3 weeks for a new fog light assembly. These broke on there own at 150 & 456 miles. But this was a V6 but still.. Same frigging car except motor. I sold it and decided to get a GT. I forgot that I should of held on to my old registration for it..the dealer will not give me the 2500 loyalty even though I purchased it but they say since I sold it and no longer have proof of ownership that they will not give me the loyalty cash..now that's FKD UP! I still plan on purchasing GT though. I'm not going to let this get in my way. Its discouraging but still love the car.

Update:

I saw another dealer today (he was the only one that had my first choice color actually) and got a quote for 28K + TTL. I'm not concerned too much about depreciation - I got a G6 when they were brand new so I know what that's like.

I didn't tell the dealer of my other quote - just asked nicely for his best price and I got that. I don't like making dealers bid coz the first up-front one that gives a good price might not get the business. I asked for a dealer's discount (quote was really GM pricing - incentives) but they said it was very difficult to do that. To compensate, they were willing to give me a bit more than KBB for my trade-in.

Not as great as Nino from Gay Pontiac in Texas (upfront 27K + TTL) but good enough that I'm seriously considering it. Test drive was ok - spotted early signs of the same flaky paint job that many forum members were complaining about. Grrr, this is the biggest deal breaker for me - dealer said they'll give me some touch up paint and they'll fix the existing paint chips (chips on a car sitting in the lot, would you believe it?). Can't really expect them to do more than that.

Sorry if I hijacked Shinzon's thread - thought this was on-topic.

I never thought that I would not get a G8 GT, but sadly I think the dream might be over. I really really really like this car and have test driven it twice, however, I'm not paying $29 - $30K for it given the issues that have been mentioned in this thread, i.e. depreciation, warranty issues, parts delays, dealer's closing etc..

At this point, unless they come out with $3K rebates AND 0%, I think my vehicle search will continue to other brands.

I never thought that I would not get a G8 GT, but sadly I think the dream might be over. I really really really like this car and have test driven it twice, however, I'm not paying $29 - $30K for it given the issues that have been mentioned in this thread, i.e. depreciation, warranty issues, parts delays, dealer's closing etc..

At this point, unless they come out with $3K rebates AND 0%, I think my vehicle search will continue to other brands.

I guess that you don't really really really REALLY like this car. Here's the reality for me and what sealed my decision last month when I bought one.

Sticker Was $34k (09 G8 GT all packages no sunroof)

Was easy to negotiate with the sales guy down to $31k (rebate available in the month of May)

Then I asked if they still did any discounts for GM Family members (the answer I already knew :D)

So they re-ran the numbers getting me somewhere around $28k, at which time I asked what this was I heard about a loyalty rebate.. ($1k in May.. $2k now I think?).. So we were at $27k... Worked out a discounted price for the 60/72000 bumper to bumper to get 0% APR on 60 month term.. Ended up out the door right around $30k.... I've seen posts about people getting better deals than that, I do not know if they scored the 0% APR or the 60/72000 bumper to bumper warranty however...

BUT for me.. I keep a car, I only sell/trade in when its not worth any significant amount of money anyways. I live in a major metro (Denver) and there are tons of dealerships that are NOT closing.. Parts delays, I can't speak to as I haven't had that experience, but with my coverage I get a loaner or rental car if I need. $30k.. I love this car its tons of fun, its sexy, everyone looks at it, everyone comments about it, its fast, and its comfortable.

I hope I dont regret saying all this with only 1500 miles on it!! It would suck to post again next week telling you to buy a BMW instead :D ha!

Edit: And I just want to add that if someone is THAT hung up over depreciation, IMHO, you don't have any business looking at a G8 GT. I think it's ludicrous to tell the dealer "Hey, your cars aren't going to be worth beans, so sell me one at a tremendous loss to you. I'm doing you a favor since you have to sell cars anyway."

you leave something very important out... those people who are worried about resale should just wait a year and buy a used one... esp if it's a GXP, let someone else take the GGT and depreciation hit... i'd imagine you'd save 8k+ off one used with 10K+/- miles on it...

i'm not mad at the dealers and i don't think anyone else specifically is... what they are mad at is the GM decisions to not offer more incentives... the car has a respectable MSRP but the conditions of the market and company profile makes the price off MSRP negotiable... more and more as time goes on..

I would somewhat disagree with you on that one. While it may not be as hot a commodity as the Camaro is right now, it is still desirable. Some dealers have the same old cars sitting on their lots because they were trying to get MSRP for these cars all along and if given the choice of paying MSRP or saving 2,000 - 4,000 dollars most of the buying public will choose the later and go to the dealers making deals. Even before the huge incentives, there were still some dealers making deals and selling these cars like hot cakes.That is very true there are dealers that are still trying to get the most $$$ for the G8 GT and there are dealers willing to do what is needed to sell cars period. My G8 GT listed for $34K and with rebates and the dealer working the deal it came down to $26.9K which I thought was a great deal. What funny is hearing people think just because Pontiac is gone that this car is going to hit the junk yard status. This car is well built and runs with power and is very nice looking car. Yea because of the rebates I was able to buy this car and without them no way. If you are that worried about the value, I have in my Contract with GM that my car will keep its value or they will give me up to $5500 rebate on another GM car should I choose to trade it in. So in closing here as word gets out about this 4 door car true power and whipping alot of Fords and Dodges A--, people will be looking to buy this car. So stay on the sidelines while I'm on the field playing.:driving:

The common problems mentioned (and well put by arius) about the paint, wheel shake and LCAs, should be a concern. That's a good thing about these forums. You can stay well informed and stay ahead of the game by knowing what to look for. Warranty will cover repairs but delays do seem to be happening.

Collector's item? Probably not, however I think word of mouth along with all the reviews can keep the value of the car from dropping too low.

As far as depreciation and cutting deals, I look at it this way - How many more RWD V8 sedans that drive this good are likely to be made in the coming years? Especially in the mid to high 20k range?

It's been made clear that the auto industry has been ordered to change their products. I hope they figure out a way to keep cars similar to the G8 on the road. Doubtful though.

Thoughts?

I'm sure they'd be able to tweak or create an engine like the G8s that gets better fuel economy and still deliver good HP numbers somewhere down the line.

I'm sure they'd be able to tweak or create an engine like the G8s that gets better fuel economy and still deliver good HP numbers somewhere down the line.

I agree. Companies can already produce V6 vehicles with 355 HP i.e. Ford Taurus SHO. I think in the future you'll see more turbo engines tweaked for higher HP and TQ gains along with V6s. I don't think the days of cars with 300-400hp will be over any time soon.

I agree. Companies can already produce V6 vehicles with 355 HP i.e. Ford Taurus SHO. I think in the future you'll see more turbo engines tweaked for higher HP and TQ gains along with V6s. I don't think the days of cars with 300-400hp will be over any time soon.True but they all seem to be Front Wheel Drive. Look at the price's of the SHO not cheap.

So in closing here as word gets out about this 4 door car true power and whipping alot of Fords and Dodges A--, people will be looking to buy this car. So stay on the sidelines while I'm on the field playing.:driving:


I can assure you I am not on the sidelines, and would love to show you.:slap: :)

We'll see, I was actually looking at the car to be a fun kids/ grocery hauler, not a racer. I have a little sumptim for that.

I can assure you I am not on the sidelines, and would love to show you.:slap: :)

We'll see, I was actually looking at the car to be a fun kids/ grocery hauler, not a racer. I have a little sumptim for that.I didn't buy a racer, what I bought is a car thats look nice, with power at a good price. Now if I want to spend a little $$$ it could be one Bad A-- 4 door. I see you took the sidelines quote a little personal, if you want this car then go out an buy it. By the way nice ride you have.

True but they all seem to be Front Wheel Drive. Look at the price's of the SHO not cheap.
Over on the Charger board, it's going around that this is the last year for the SRT8 Charger.
Another choice that will soon be gone!
I guess I'll have to make up my mind soon. GXP or SRT8.

I took my rebate coupon (gave them their coupon back!):( and penned a long letter to the sender of the Coupon, VP Northern Ops for GM. I took care to list many of the issues folks have posted on this board. I in particular spoke about the handling, straying lane to lane, wheel/steering vibration, trans shifting, front end issues. I also truthfully spoke about my dealer. My two pager was Worth the Forever Stamp. That was a couple of weeks ago. On Friday 6/26 a representative who claims to be from GM North America called me and left a message. He wants to discuss my concerns with this car. Now I made a complaint via the Pontiac Division C/S line. Had an initial phone call from a gentleman who said he was Joey ---- calling from Detroit, could not understand him (must be my aged auditory system) and when this complaint was ramped up I had a call from another higher up, who refused to pronounce my name correctly, after being corrected 3X (no biggie but I always thought pronouncing ones name showed respect). After talking with my selling dealer Service Manager, whom I thought was a nice guy, the second, senior rep. called me back and said, "The Service Manager at-----Pontiac said there is absolutely nothing wrong with your 09 G8GT, all G8's perform as yours does. Your complaint is denied, have a nice day. Short, brief and real cold. So now we have Scene 2 with GM. I hold not hope, but I invested over 3500 of my won cash to try and make this car #1 Safe and #2 A Pleasure to Operate. Am I asking too much? This will be interesting. My selling dealer is truly not interested and as I described my seller in the letter as a "Lovem' and Leavem'" discount store.

I didn't buy a racer, what I bought is a car thats look nice, with power at a good price. Now if I want to spend a little $$$ it could be one Bad A-- 4 door. I see you took the sidelines quote a little personal, if you want this car then go out an buy it. By the way nice ride you have.


Sorry , I was on the sidelines once....didn't like it in my 91 nissan sentra. 4 speed, no ac. :)

The G8 kicks ass, I like the red that you have post up a pic. The car is a bargain at 25-27k. I just wish that they didn't kill Pontiac and parts were easier to get. I tell you whut...If I didn't have my SS I would be all uo on the GXP.

I dunno what this world is coming to. Make me sadin my Muscle car heart.

Sorry , I was on the sidelines once....didn't like it in my 91 nissan sentra. 4 speed, no ac. :)

The G8 kicks ass, I like the red that you have post up a pic. The car is a bargain at 25-27k. I just wish that they didn't kill Pontiac and parts were easier to get. I tell you whut...If I didn't have my SS I would be all uo on the GXP.

Is that 25K to 27K after rebates? Locally dealers aren't being too generous beyond what GM is offering in 'bates. Best I've seen is about $1,700 off stricker plus rebates.

instead of taking off sticker my dealership gave me supplier pricing. all in all with rebates I got about 6K off MSRP, with $2000 GM card points.

Is that 25K to 27K after rebates? Locally dealers aren't being too generous beyond what GM is offering in 'bates. Best I've seen is about $1,700 off stricker plus rebates.

-800 of dealer discount
-1500 gm
-2500 gm loyalty
-500 dealer cash
-3000 gm round up

msrp 34190

with all discounts I am 25890 plus ttl

I don't think I am going to get it,

-800 of dealer discount
-1500 gm
-2500 gm loyalty
-500 dealer cash
-3000 gm round up

msrp 34190

with all discounts I am 25890 plus ttl

I don't think I am going to get it,

Thanks for the info. What is the 3K "GM Round Up" discount?

I was at a dealer this weekend looking at a used GT.
The salesman basically told me straight forward to wait until the new July incentives come out. He had one customer purchase a GT from him 5 months ago. The cars MSRP was 34100. The car is now selling for 22k with 7865 miles on his lot. That means the guy probably only had gotten 18k for a trade in. Either this guy got screwed or these cars are really depreciating fast.
My thought would be if you really like it and dont give a **** about it depreciating so fast than buy it.
The salesman I was talking to was very honest. He even told me how many problems these cars are having and if Im really sure I even want one. I was like WOW! Dont you want to make a sale?
I think he wanted me to purchase the Caddy CTS-V that was on his lot. I told him I was interested in the used GT but I dont want Blacks or Reds. But What a steal though for 22k IMO. I sold my G8 V6 for 22k a few months ago.

I was at a dealer this weekend looking at a used GT.
The salesman basically told me straight forward to wait until the new July incentives come out. He had one customer purchase a GT from him 5 months ago. The cars MSRP was 34100. The car is now selling for 22k with 7865 miles on his lot. That means the guy probably only had gotten 18k for a trade in. Either this guy got screwed or these cars are really depreciating fast.
My thought would be if you really like it and dont give a **** about it depreciating so fast than buy it.
The salesman I was talking to was very honest. He even told me how many problems these cars are having and if Im really sure I even want one. I was like WOW! Dont you want to make a sale?
I think he wanted me to purchase the Caddy CTS-V that was on his lot. I told him I was interested in the used GT but I dont want Blacks or Reds. But What a steal though for 22k IMO. I sold my G8 V6 for 22k a few months ago.

Interesting...and the salesman's honesty is refreshing (and shocking!). Did he hint as to when and what the July incemtives may be? I know the $1500 drops off 6/30 and the loyalty cert I got in the mail is good until 7/6 I believe so there could be some overlap.

You hit on a good point of picking up a low mileage GT that's already taken the first big depreciation hit.

tripower:
The salesman told me he had nothing to lose by being honest with me. He said if he is honest than I will not forget and come back and purchase a car from him.
He told me Im not going to like the July incentives. He said to take a chance and wait and see what happens. He had 2 MSM with Premium & Sport on the lot but one was sold and the other was on hold. He doesnt know if he will be getting anymore in.
What sux is I do not qualify for owner loyalty because I sold my V6 G8 and I no longer own it. Thanks GM for that one! My ass is still killing me. Thats another reason I will consider new/used because of the depreciation already took its course for this season and GM will not give me the owner loyalty. Im back to square one. . I was all ready to purchase the used one on the lot and he sold it. Something tells me this is a sign that maybe I should be purchasing something else. I still have my 68 Firebird 400. Thats mainly for shows though.

...I still have my 68 Firebird 400...

When I was shopping for GXPs my local dealer was going to give me the ownership discount regardless of what year/model GM car I owned. I asked if my '62 Chevy would work (even though I do also have GM late-models), and they said they'd honor that. Wouldn't hurt to ask your dealer if you haven't already.

When I was shopping for GXPs my local dealer was going to give me the ownership discount regardless of what year/model GM car I owned. I asked if my '62 Chevy would work (even though I do also have GM late-models), and they said they'd honor that. Wouldn't hurt to ask your dealer if you haven't already.

itslow,

I tried to and the dealers up here seem to be too tight assed. I brought my registration for the 68 and all I gotten was "its over 10 years old cant do it." Than he had the balls to ask me to trade it in. I laughed and told him he could offer me 40k and I wouldnt get rid of it. Totaly restored frame up I would never part with it. Im not completely giving up yet. I will make one last attempt in July. If it doesnt work out Im just going to buy something luxuary and move on.

MY OTD price for my loaded 09 GT with 30 miles was $30,000 with incentives and GMS....add to that my $7,000 trade in and my final value was $23,000....worth it to me! I love it! And the $23,000 includes the extended warranty for 6 years / 72,000 mile bumper to bumper..no way I'm taking a chance with Australian parts!

Wife and I walked out the door today...well, less than 24 hours ago anyway...with a fully loaded G8 (- sunroof) with extended 100k bumper to bumper for 26,800.

Didn't trade anything for it and we didn't put anything down... Good buy IMO

Wife and I walked out the door today...well, less than 24 hours ago anyway...with a fully loaded G8 (- sunroof) with extended 100k bumper to bumper for 26,800.

Does it have the Bluetooth option? And is your 100k bumper to bumper a GM warranty or aftermarket?

Wow you two got great deals for your G8!

Best offer I got was 31.5K OTD and that's after haggling like mad with a few local dealers (G8 GT Premium & Sport). Dealer actually said that price was a loss to him. So I walked away empty.

Yea, for 30K OTD with extra warranty to boot, I'd definitely bite.

Congrats and enjoy!

My deal:

2009.5 G8 Gt sport pack, premium pack, roof. msrp 35110.

Ok here is the fun part.

Gms $32770.
Gm card $2400
Loyalty $2500
Dealer Cash $500
Not taking 0% = $1500
Dealer certficates $2000

$23870.

Then they gave me $1800 more for my trade than I bought it for in feb.:driving:
So I say I bought a loaded GT g8 for $22,000.

Does it have the Bluetooth option? And is your 100k bumper to bumper a GM warranty or aftermarket?

Yes and yes!

yes to gm warranty...

My deal:

2009.5 G8 Gt sport pack, premium pack, roof. msrp 35110.

Ok here is the fun part.

Gms $32770.
Gm card $2400
Loyalty $2500
Dealer Cash $500
Not taking 0% = $1500
Dealer certficates $2000

$23870.

Then they gave me $1800 more for my trade than I bought it for in feb.:driving:
So I say I bought a loaded GT g8 for $22,000.


Great deal! I am have been trying to work out something similar over the last few days and have a few questions.... I am eligible for GMS and am looking at exactly the same trim and options.

Did your trade happen to be a g8 sedan? (mine will be) if so, do you mind sharing what they offered trade in? and the mileage?

You have not taking the 0% as allowing you the 1500 incentive but you do not list the 2500 loyalty there? why? I was told and read that the loyalty is only good if I do not take the 0% is this not right?

Dealer cash i was able to get as well..... (with the 0%) but...

what is the Dealer certficates $2000?????? can someone briefly explain? my googling is not turning up much...

also..

GM card - I assume this is a credit card that rewards you with incentive cash as other cards do points? (In other words if i do not have the card, I can not benefit here)..

thanks so much! great deal again, enjoy!

I had a dealer quote me $30,600 OTD for a loaded GT. I sent him an offer of $26,500 back and got no response. Yea...that's how you sell cars. Don't respond to negotiations.

Mike,
I finally purchased mine a couple weeks back. Its hard to negotiate right now considering there is only a few thousand of these cars left out there. The dealers know that now and or really being tight assed about it.
I did the same thing you did and try to really low ball them but it didnt work. Instead I gotten a 2500 rebate and 72 month 0% financing with and extended warranty of a 6 year/80k bumper to bumper. which is better than the 3 year/36k bumper to bumper and 5year/100k power train. I settled maybe could of done better but I didnt want to take the chance of having not much to chose from. 30600.00 otd is not too bad. Ask him to throw in the extended warranty and some good financing and you will actually have a great deal.

30k out the door with 0% is outstanding... Average I think without the 0%. He may have taken your 26,500 as an OTD price which is pretty insultingly low which would explain the lack of reply.

30k out the door with 0% is outstanding... Average I think without the 0%. He may have taken your 26,500 as an OTD price which is pretty insultingly low which would explain the lack of reply.


I have to agree with Mark; the dealer probably wouldn't take you seriously with that price.

I had a dealer quote me $30,600 OTD for a loaded GT. I sent him an offer of $26,500 back and got no response. Yea...that's how you sell cars. Don't respond to negotiations.


That's how they stay in business, by not GIVING cars away. I called at least 10 dealerships as far as 3 states away looking for the best price and 30.5 is pretty much what all of them would do. Finally went local with that info in hand and got the actual car I wanted for that price, which was Blk/Blk Sport Premium.

Gotta pay to play, and these cars WILL sell out. Of course, I'm the odd vehicle owner. I could care less about resale, because when I buy a vehicle, I buy something I intend to drive for at least 5 years, and "write-off" depreciation with the amount of smiles it brings me. This car makes me grin.. a lot :D

Good luck with your hunt man.

That's how they stay in business, by not GIVING cars away. I called at least 10 dealerships as far as 3 states away looking for the best price and 30.5 is pretty much what all of them would do. Finally went local with that info in hand and got the actual car I wanted for that price, which was Blk/Blk Sport Premium.

Gotta pay to play, and these cars WILL sell out. Of course, I'm the odd vehicle owner. I could care less about resale, because when I buy a vehicle, I buy something I intend to drive for at least 5 years, and "write-off" depreciation with the amount of smiles it brings me. This car makes me grin.. a lot :D

Good luck with your hunt man.

Couldn't agree with you more, Typhoon. My fully loaded Stryker Blue 2009.5 GT is the first new car I've ever owned...and it was well worth the wait! I don't plan on selling it anytime soon....

Get what you want and ENJOY it!! Plus, its been great fun getting more looks and questions at car show's than the new Corvette's and Camaro's...nothing like putting the boys in their place!

That's how they stay in business, by not GIVING cars away. I called at least 10 dealerships as far as 3 states away looking for the best price and 30.5 is pretty much what all of them would do. Finally went local with that info in hand and got the actual car I wanted for that price, which was Blk/Blk Sport Premium.

Gotta pay to play, and these cars WILL sell out. Of course, I'm the odd vehicle owner. I could care less about resale, because when I buy a vehicle, I buy something I intend to drive for at least 5 years, and "write-off" depreciation with the amount of smiles it brings me. This car makes me grin.. a lot :D

Good luck with your hunt man.

Awesome response.:driving:

Nice....

I am not touching the car and I have 3,000$ in GM card. Still not enough in 1 years time I'll raise this post from the dead and we'll see what is what , when used g8s are going for 17k with 25kmi.

I'll wait a year for half the price. Maybe by then the steering shake will sort itself out. :)


Right now I can get one for 25,900 or so but I just think even that is too much.

Dealers I guess are not budging b/c it's all they have to sell, after that what do they have to sell, g5,g6, lacrosse yeh BPG you'll have customers so you better sell that g8 @ MSRP cause it has to carry you for a while. Enjoy !


Well then go ahead and do that, for wanting one, you sure seem to have a lot of complaints.

If you don't want to pay the price, then don't, but you really shouldn't complain when the dealer won't acquiesce to your demands. It just aint the same buying a car as it used to be.