: Here is the Price i was offered:
Nothn-but-a-G-thang! 04-15-2008, 09:45 AM VIN#6g2EC57Y88L136013
Is this an 888 car?
Anyways here is the deal, Good or not:
08 Gt G8 w/sprt packg,onyx leather,premium etc
MSRP: $32,745
GMS Employee price 30,151.95
GM Loyalty special -1,000.00
New price: 29,151.95
Of course plus tax, tittle, lic fees etc..
What do you think?
jimmyban 04-15-2008, 09:52 AM VIN#6g2EC57Y88L136013
Is this an 888 car?
Anyways here is the deal, Good or not:
08 Gt G8 w/sprt packg,onyx leather,premium etc
MSRP: $32,745
GMS Employee price 30,151.95
GM Loyalty special -1,000.00
New price: 29,151.95
Of course plus tax, tittle, lic fees etc..
What do you think?
It is not an 888 car. All 888 have "988" preceding the car number, as in 988608 (mine). They also have "First 888" on the passenger-side dashboard.
I paid list, so that looks like a pretty good deal to me.
FL_G8 04-15-2008, 10:36 AM looks damn good.
tjccpa 04-15-2008, 10:42 AM Quick - Take it before one of us berates you for caving in too quickly to a scheming dealer.
Tee Hee.
G8GT #287
speeder 04-15-2008, 10:43 AM 11% off of sticker, sweet!
Small Dealer 04-15-2008, 11:28 AM Not sure what you are looking for?
The GM Employee Purchase Program (GMS) is a preset price listed on each G8's invoice that the dealerships is required to sell at and the "GMS" Eligible Buyer is required to buy at.
It is nice that you have found a dealership that will accept your "GMS" eligibility. Also nice that you have a qualifing 1999 or newer GM vehicle registered in your household.
At a possible approximate $1600 under dealership invoice, it represents a much better deal than those not eligible for "GMS" will most liekly find.
G8>550i 04-15-2008, 11:44 AM VIN#6g2EC57Y88L136013
Is this an 888 car?
Anyways here is the deal, Good or not:
08 Gt G8 w/sprt packg,onyx leather,premium etc
MSRP: $32,745
GMS Employee price 30,151.95
GM Loyalty special -1,000.00
New price: 29,151.95
Of course plus tax, tittle, lic fees etc..
What do you think?
looks a lot like the deal I'm getting!
G8addict 04-15-2008, 12:48 PM VIN#6g2EC57Y88L136013
Is this an 888 car?
Anyways here is the deal, Good or not:
08 Gt G8 w/sprt packg,onyx leather,premium etc
MSRP: $32,745
GMS Employee price 30,151.95
GM Loyalty special -1,000.00
New price: 29,151.95
Of course plus tax, tittle, lic fees etc..
What do you think?
I thing its "Nothn-but-a-G-thang!" so "Drop it like its HOT!" :)
davefr 04-15-2008, 12:56 PM VIN#6g2EC57Y88L136013
Is this an 888 car?
Anyways here is the deal, Good or not:
08 Gt G8 w/sprt packg,onyx leather,premium etc
MSRP: $32,745
GMS Employee price 30,151.95
GM Loyalty special -1,000.00
New price: 29,151.95
Of course plus tax, tittle, lic fees etc..
What do you think?
Great deal - go for it before the car is gone!! There are very few GT's left in the channel and most of them lack the option packages.
Having an 888 car is meaningless.
Nothn-but-a-G-thang! 04-15-2008, 01:07 PM I knowyou guys are going to kill me..
I am cross shopping it with a 2008 Cadillac CTS...
I am going to look at the one and get the numbers/GMS/rebate info etc and will post..
:soapbox:
:)
68Rustang 04-15-2008, 01:28 PM $32,745 is sticker for G8 GT + Premium + Sport + Sunroof.
Yozho 04-16-2008, 12:53 AM I knowyou guys are going to kill me..
I am cross shopping it with a 2008 Cadillac CTS...
I am going to look at the one and get the numbers/GMS/rebate info etc and will post..
:soapbox:
:)
Really, the only CTS to consider: http://www.cadillac.com/_res/i/experience/images/coupe_gal3.jpg
Ryan M 04-16-2008, 08:20 PM Take it and run!
Not sure what you are looking for?
The GM Employee Purchase Program (GMS) is a preset price listed on each G8's invoice that the dealerships is required to sell at and the "GMS" Eligible Buyer is required to buy at.
It is nice that you have found a dealership that will accept your "GMS" eligibility. Also nice that you have a qualifing 1999 or newer GM vehicle registered in your household.
At a possible approximate $1600 under dealership invoice, it represents a much better deal than those not eligible for "GMS" will most likely find.
I agree! that this is a really nice price!
GREAT PRICE TAKE IT! I KNOW I WOULD. How does the GM loyalty pricing work? If anyone in your fam has a GM car you get an instant 1k off? No other strings attached?
68Rustang 04-16-2008, 08:49 PM I had to show a current registration to get the loyalty cash. SOme dealers may not be so picky.
So did you get it? What was final TTYL cost? What color was the car?
racerns 04-16-2008, 10:52 PM You did better than me tonight. I was looking at a G8 with the same options and MSRP that was Magnetic Gray. I am eligible for GM Supplier pricing that would be $31,343 for the car but the dealer would not honor it. The best that they would do was $1K over MSRP.:rolleyes: I told them that I would buy the car tonight if the gave me MSRP and I would use GM Card Rebate(it would get me close to the GM Supplier price) and the Loyalty cash. They would not move so I left. Funny thing is that I am cross shopping the CTS too but I am looking at used Vs.
Rt66er 04-17-2008, 09:00 AM I don't understand... why do they care about GM card cash (doesn't affect their profit one penny) or the Loyalty cash (ditto)? Just do the $1K over invoice, then when you're in the F&I office, whip out the GM Mastercard and have them call it in. Neither of these incentives has any effect on their profit.
When you say anyone in your family. If my dad has an 01 silverado, can I get some cash off my g8?
I am no longer a dependent, but only by about 1 year.
racerns 04-17-2008, 10:29 AM I don't understand... why do they care about GM card cash (doesn't affect their profit one penny) or the Loyalty cash (ditto)? Just do the $1K over invoice, then when you're in the F&I office, whip out the GM Mastercard and have them call it in. Neither of these incentives has any effect on their profit.
The point was that I was not going to pay the $1K over MSRP even with the discounts that I have. I had another dealer tell me that they would sell to me at the GM Supplier price when they get cars in at the end of the month. Of course, when I told the dealer that last night he told me that I was being lied to and there was no way I could get the car anywhere at supplier pricing. If they had come down to MSRP there was a good chance I would have done the deal since I would have used my GM Card and that would have brought the price down close to supplier pricing. You can't use your (old) GM Card and supplier pricing any more. The Loyalty cash can be used with either.
Small Dealer 04-17-2008, 10:36 AM The point was that I was not going to pay the $1K over MSRP........
Actually the point should be that this is not what you posted in your first post.
What you posted was, "The best that they would do was $1K over invoice".
It is now a different story.
And since we are making corrections, GM Supplier Discount Pricing Program is not GMS. GMS is for the GM Employee Purchase Program
What is the amount of earnings you have on your GM Card?
racerns 04-17-2008, 10:58 AM [QUOTE=racerns;32953]The point was that I was not going to pay the $1K over MSRP........QUOTE]
Actually the point should be that this is not what you posted in your first post.
What you posted was, "The best that they would do was $1K over invoice".
It is now a different story.
What is the amount of earnings you have on your GM Card?
Sorry, I ended up typing that message 3 times last night as evey time I would go to post the board would kick me off like I was not logged on. It should have said $1K over MSRP. I see where the confusion is now. I have ~$1200 on my GM Card and the supplier discount is $1402.
Small Dealer 04-17-2008, 12:36 PM Sorry, I ended up typing that message 3 times last night as evey time I would go to post the board would kick me off like I was not logged on.
It should have said $1K over MSRP. I see where the confusion is now. I have ~$1200 on my GM Card and the supplier discount is $1402.
I have noticed that this site appears to time out quicker than other sites if I take my time making a post.
All you can do is just leave the dealership your name and number, tell them that you are ready to buy at MSRP. But warn them, the other dealership has cars arriving by months end. Also make sure you have a hold on a car at the second dealership.
$32,745 MSRP + $1,000 ADM = $33,745 less $1,000 Loyalty and $1,200 GM Card = $31,545.
$32,745 MSRP = $31,517.45 Supplier (give or take $16.50) less $1,000 Loyalty = $30,517.45.
So as you felt, it is just the difference of the $1,000 markup.
racerns 04-17-2008, 01:23 PM The dealer I went to last night I had previously purchased 2 cars from so they undestood I was a serious buyer. They have my info if they change their mind. I did confirm today again with the other dealer that they would sell to me at supplier price but I do not have one hold yet. I am going to go by this weekend though.
It looks like there is a slight disconnect between the GM Supplier web site as it has the supplier price listed as $31,343.46 and you are the second dealer that has quoted $31,517.45. Not a big deal, I am sure the supplier sight states the price is subject to change.
One question about supplier price. When a dealer sells at supplier price do they get something back from GM to make up the difference for the sale? Supplier pricing is not what it used to be as it use to be right around dealer invoice or a little less depending on the car, now it is like $700 over invoice, at least for this car. Does GM give the dealer anything over that $700? The reason I ask is since I have the option of using supplier pricing or the GM Card, I wonder if there is a purchase price that could be worked out using the GM Card instead that would allow the dealer to make a little more money than supplier pricing yet my overall cost would be less with the card rebate? Some price less than MSRP but a little more than supplier price. Small Dealer can you shead any light on this?
Rt66er 04-17-2008, 01:54 PM I wonder about this as well. I specifically asked the GM customer service person if the supplier discount affected dealer profit and was told it did not. But if it doesn't affect their profit margin, why would so many dealers refuse to honor it?
68Rustang 04-17-2008, 01:57 PM That is ridiculous, of course it can affect their profit. The dealer pockets pretty much everything above invoice. All of the pricing programs are voluntary on the part of the dealership.
dodson914 04-17-2008, 01:58 PM I wonder about this as well. I specifically asked the GM customer service person if the supplier discount affected dealer profit and was told it did not. But if it doesn't affect their profit margin, why would so many dealers refuse to honor it?
I think it's because some dealers don't pay the salesman the same commission on a GMSD car. At least that's what my salesperson told me.
Small Dealer 04-17-2008, 03:15 PM It looks like there is a slight disconnect between the GM Supplier web site as it has the supplier price listed as $31,343.46 and you are the second dealer that has quoted $31,517.45. Not a big deal, I am sure the supplier sight states the price is subject to change.
In another thread, I posted a table with all the different pattern orders their MSRP-Supplier-Employee pricing. In the post I mentioned that it appears that the web sites for Supplier and Employee were giving out the wrong prices. I believe it has to do with not having the full cost information in their data bases.
One question about supplier price. When a dealer sells at supplier price do they get something back from GM to make up the difference for the sale?
On deals using the Supplier Discount Pricing (Supplier, Supplier Price for Friends, and the new Military Purchase programs), the sale price is the sale price. Nothing from GM to make the sale price any different.
Supplier pricing is not what it used to be as it use to be right around dealer invoice or a little less depending on the car, now it is like $700 over invoice, at least for this car.
No Supplier pricing is still just under the invoice cost most often. About $100 under on this $32745 level.
Small Dealer 04-17-2008, 03:22 PM I wonder about this as well. I specifically asked the GM customer service person if the supplier discount affected dealer profit and was told it did not.
I think GM thinks we sell everything for under-invoice. :) :(
racerns 04-17-2008, 03:46 PM On deals using the Supplier Discount Pricing (Supplier, Supplier Price for Friends, and the new Military Purchase programs), the sale price is the sale price. Nothing from GM to make the sale price any different
OK, so it would be an advantage to the dealer and me to workout a deal(something a little higher than Supplier price) that would let me use the GM Card rebate and let the dealer make a little more profit.
No Supplier pricing is still just under the invoice cost most often. About $100 under on this $32745 level.
I am not quite sure I understand this. I thought that dealer invoice on this $32745 G8 was ~$30,800 (edmunds) and the Supplier price was $31,517. I know that edmunds is not always right but it is usually close. By the way thanks for the info.
Small Dealer 04-17-2008, 04:21 PM OK, so it would be an advantage to the dealer and me to workout a deal(something a little higher than Supplier price) that would let me use the GM Card rebate and let the dealer make a little more profit.
While it sounds nice, think it would be opening for disagreement on a simple deal. What if the dealership wants to split it with you? $600 up and $600 back, same price to you, and you earnings are gone. Save them for the next GM purhcase by your or someone else.
I am not quite sure I understand this. I thought that dealer invoice on this $32745 G8 was ~$30,800 (edmunds) and the Supplier price was $31,517. I know that edmunds is not always right but it is usually close.
Edmunds is usually off. They say on their site that it is too hard to be acurate, so they don't bother, the invoice is what it is.
mike c 04-17-2008, 06:32 PM That is ridiculous, of course it can affect their profit. The dealer pockets pretty much everything above invoice. All of the pricing programs are voluntary on the part of the dealership.
Not completely true. If they sell at Supplier or Employee price the dealer gets a percentage back from GM, otherwise why would any dealer ever honor it, just because they are good people and want to lose money??
racerns 04-17-2008, 08:02 PM Not completely true. If they sell at Supplier or Employee price the dealer gets a percentage back from GM, otherwise why would any dealer ever honor it, just because they are good people and want to lose money??
It sounds like they may get something back from employee price but according to Small Dealer they don't get anything back for supplier price. I was with you and thought they got something for supplier price from GM.
pharden 04-17-2008, 08:35 PM I knowyou guys are going to kill me..
I am cross shopping it with a 2008 Cadillac CTS...
I am going to look at the one and get the numbers/GMS/rebate info etc and will post..
:soapbox:
:)
I was also looking at the CTS and decided to go with the CTS over the G-8. I was already to do a deal on a G8 but the 3 dealers I spoke were low balling my trade-in to the tune of $3-4K. The Caddy dealer gave me a fair price on the trade and gave me $1500 off sticker. The Caddy dealers are much easier to deal with than the Pontiac dealers.
Other reasons I prefer the CTS is the nicer interior trim, better sound system/nav, longer warranty, better fuel economy. I also fit better in the CTS even with a sunroof.
If you get one be sure to get it with one of the performance pkgs.
racerns 04-17-2008, 09:01 PM While it sounds nice, think it would be opening for disagreement on a simple deal. What if the dealership wants to split it with you? $600 up and $600 back, same price to you, and you earnings are gone. Save them for the next GM purhcase by your or someone else.
I understand what your are saying and I would not bring up that option until I was sure the dealer was going to give me the supplier price to start. Then at that point the dealer only would be gaining from what he was already expecting to make.
68Rustang 04-18-2008, 07:15 AM Not completely true. If they sell at Supplier or Employee price the dealer gets a percentage back from GM, otherwise why would any dealer ever honor it, just because they are good people and want to lose money??
The dealer would not sell the car if they are losing money. If one of the pricing programs puts the price at less than invoice GM reimburses the dealer the difference. Figured in the invoice price there is usually something called "holdback" which is bascially built in profit, for the dealer, from GM.
SRG963 04-18-2008, 07:29 AM The dealer would not sell the car if they are losing money. If one of the pricing programs puts the price at less than invoice GM reimburses the dealer the difference. Figured in the invoice price there is usually something called "holdback" which is bascially built in profit from GM.
Holdback is only 5% on the G8's (one of the lowest for GM). Typically they are higher. Up to 13% on some makes.
Small Dealer 04-18-2008, 08:37 AM Holdback is only 5% on the G8's (one of the lowest for GM). Typically they are higher. Up to 13% on some makes.
The overpayment each dealership makes to GM for their cars, or Holdback as it is referred to is consistant on all GM products (that I know of, maybe Aveos might be different), at 3% of adjusted MSRP.
Small Dealer 04-18-2008, 08:48 AM The dealer would not sell the car if they are losing money. If one of the pricing programs puts the price at less than invoice GM reimburses the dealer the difference. Figured in the invoice price there is usually something called "holdback" which is bascially built in profit, for the dealer, from GM.
Profit can only be determined after a car sell, it can not be built in from the beginning.
If the Supplier Price is less than invoice, which it will be on most G8s, GM does not "reimburse(s) the dealer the difference".
The dealership receives the sale amount form the buyer, nothing from GM to augment the purchase price.
Then finally when all the paperwork is filed, a small handling allowance is applied to the dealership's account. Very similar to what dealerships get when they do Courtesy Fleet Deliveries.
The real cost to dealerships in any of the fixed price plans (Employee, Supplier, Supplier for Friends, Militray) is in the opportunity cost of being able to sell the car for a higher price. Which appears to be possible, at least at this stage of the game, on the G8. It is ok to remove the hassle of selling a G5 Coupe with the plan, but for a G8, it is money lost.
When first stared, the Supplier program limited eligible buyers to High level executives and those directly handling the GM account at the supplier. Then it increased to include the support staff for those with hands directly on. Now, I've heard, practically evey UPS or FedEx employee can use the different manufacutrers supplier programs, because the companies work for GM.
68Rustang 04-18-2008, 10:14 AM If the Supplier Price is less than invoice, which it will be on most G8s, GM does not "reimburse(s) the dealer the difference".
That is interesting because it really does remove any and all incentive the dealer has to honor any type of program. Whenever I have asked my salesmen about it, the basic response was "we are covered." Which I understood to mean by GM.
CPFarhood 04-22-2008, 01:42 PM I got about the same price, but I leased so I only got $500 in loyalty cash. Worked out to $463/mo for 39mo/39k.
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