So, I was just wondering... if you bought a GXP today, got the rebates and some money off from a GM card... what would the car be worth in a year?

Is the GXP going to be limited in production?

Is Pontiac ultimately going to survive the carnage at GM?

So, I was just wondering... if you bought a GXP today, got the rebates and some money off from a GM card... what would the car be worth in a year?

Is the GXP going to be limited in production?

Is Pontiac ultimately going to survive the carnage at GM?

Is someone selling it outright or trading it in?

In a trade in. A dealer wouldn't give you jack. I bet a dealer a year later ( in this economy) would offer you 22-25k on a GXP. Dealers don't care about limited production cars unless they are selling it brand new or used themselves.

If you were to sell it yourself. I bet you could get high 20's low 30's. Depending on economy. jmo

So, I was just wondering... if you bought a GXP today, got the rebates and some money off from a GM card... what would the car be worth in a year?

Is the GXP going to be limited in production?

Is Pontiac ultimately going to survive the carnage at GM?

As uncertain as the future is for Pontiac and GM, not to mention the rest of the economy, I wouldn't venture a guess for any of those questions.

If the late, great GTO is any indicator, $25k...

I would think the GXP will hold it's value a little better than that. The rebates and loyalty cash have to eventually dry up.

My fear is that GM will dispose of Pontiac or maybe Buick to streamline the company.

I'm sure the value will decline just like it did on the GT. Just look at the Grand Prix GXP, it didn't hold it's value that much better than the other models.

If GM kills Pontiac THAT will make the G8 GXP worth more because it will be very rare.

technically, the resale on the gxp will only be second to the resale value on the GTO... being that they're both NOT Pontiacs, subcontracted by the same people, v8 powered performance oriented cars, etc... but on top of all that, GM being in financial limbo in today's car market... what the public thinks may just be... who the hell is gonna buy a $40k+ car that has Pontiac on it? that being the initial thought, it would certainly indicate a bad start on resale value... ontop of the economic impact it will have... myself personally the gxp is still on the list, but not new...

Seeing the G8 GXP will be produced in smaller numbers, that will keep the value up compared to the GP GXP, which was produced in larger numbers. I just realized that when you mentioned the GTO, which was also produced in smaller numbers. Less cars available means a higher demand, so they will retain their value better.

Limited production will not affect the short term depreciation that significantly, but long term it should. I'd expect to see depreciation rates very similar to the G8 GT, off by maybe 1-2%. Seeing as 08 GTs are regulary going for roughly 66% of their new value being around a year old, one can assume that the GXP would be worth in the range of 25-29k after a year, depending on mileage and options.

Don't forget, used prices don't go up very often. So rebates being removed, etc. probably won't bring the prices up. The best thing that could happen for their resale value is for them to stop production of them tomorrow.

It will depreciate like the G8...or like any other GXP trim model..its all relative...its bc of the brand.

You dont buy the car as investment..if someone is so concerned about depreciation then they should be wise enough to buy newly used.

It probably won't depreciate quite as much as the G8 GT, but you're still gonna take a beating- especially if you sell it in the first year or 2. IMO if you're gonna purchase one brand new plan on keeping it for at least 4-5 years. At least that way you're spreading the big hit over more years.

I personally hope they come down to a price I can afford when they have 15 - 20K miles. I would never consider buying one of these brand new, but I'm not one to get any car brand new. I'll let somebody else take the first hit on depreciation.

Seeing the G8 GXP will be produced in smaller numbers, that will keep the value up compared to the GP GXP, which was produced in larger numbers. I just realized that when you mentioned the GTO, which was also produced in smaller numbers. Less cars available means a higher demand, so they will retain their value better.

Relatively speaking (as a % of total GP production), the GP GXP was also produced in pretty low numbers:

2005 - ~2000
2006 - ~5500
2007 - ~2500
2008 - ~4700

I think the determining factor for the G8 GXP is going to be demand for certain features (LS3, manual, etc.). Much like the GTO, 1st and 2nd year depreciation will take place and then slow down due to demand equalizing with availability.

Chip

So, I was just wondering... if you bought a GXP today, got the rebates and some money off from a GM card... what would the car be worth in a year?

Is the GXP going to be limited in production?

Is Pontiac ultimately going to survive the carnage at GM?


Guys - this keeps coming up. The GT and the GXP are NOT limited production cars. GM will make however many of these cars they can sell, on a month to month basis, until, like the GTO, the model is abandoned (probably after three years or so).

Well they won't be cranking them out like Impala's that's for sure. I'd say 5000 cars is a pretty limited run.

technically, the resale on the gxp will only be second to the resale value on the GTO... being that they're both NOT Pontiac, subcontracted by the same people, v8 powered performance oriented cars, etc... but on top of all that, GM being in financial limbo in today's car market... what the public thinks may just be... who the hell is gonna buy a $40k+ car that has Pontiac on it? that being the initial thought, it would certainly indicate a bad start on resale value... ontop of the economic impact it will have... myself personally the gxp is still on the list, but not new...

+1 on that!

The only way I'm buying one new is if they're discounted from the MSRP. The deal breaker for me was when Pontiac decided to cancel the preproduction model seats.

The reality of the future value...probably worse.
The GXP is most interesting to most of us in the standard shift package.

In the wholesale automotive marketplace a sedan with a third pedal, except for the "right" 3-series, usually gets DESTROYED in real world resale values.

Forget the online calculators such as KBB or Edmunds.

I need to have a GXP, but I will not pay more than $30,000 for one, brand new. I am willing to wait it out. History has proven, the odds are in my favor.

The reality of the future value...probably worse.
The GXP is most interesting to most of us in the standard shift package.

In the wholesale automotive marketplace a sedan with a third pedal, except for the "right" 3-series, usually gets DESTROYED in real world resale values.

Forget the online calculators such as KBB or Edmunds.

I need to have a GXP, but I will not pay more than $30,000 for one, brand new. I am willing to wait it out. History has proven, the odds are in my favor.

I think you are exactly right. Good things come to those who wait. I am going to stay in my current car for another year, then look for a new GXP collecting dust on a dealer lot or low mileage used. :driving:

Besides that, my GP GXP's value has dropped like a rock these past couple of months and I am now a few grand upside down on my loan. :(

If we can wait 1-2 years and get them for $20-25k , that would be a h3ll of a lot of car for that $$

You guys are dreaming, if gas stays at less than $2 a gallon there won't be ANY G8 GXP's leftover!

Good luck on gas staying at $2 gallon. The brainiacs in our Congress and local governments (and soon to be Executive office) are already dreaming up ways to increase taxes on gas so that $5+ a gallon is the norm. Who cares if this artificial increase destroys our economy while China, India and South America take over the production capacity of this great country. Nuts! Long live cars like the G8.

You guys are dreaming, if gas stays at less than $2 a gallon there won't be ANY G8 GXP's leftover!

If that were the case, my local Pontiac dealer wouldn't have the same 20 G8's on the lot that it's had for the past few months. Gas around here is under $1.50. It's the economy. People are afraid to make major purchases right now with the job market so volitile. 2009 isn't gonna be any better either.

yeah and gas is already approaching that $2 mark again...

there will be PLENTY of GXP's left on the lots... hell there are so many GT's that still never got sold with all the rebates... you could have scored a GT for $6K off the MSRP just a few weeks ago...

I'm sure the value will decline just like it did on the GT. Just look at the Grand Prix GXP, it didn't hold it's value that much better than the other models.

If GM kills Pontiac THAT will make the G8 GXP worth more because it will be very rare.

I disagree - if GM kills Pontiac, the value of all modern cars across the board will plummet. Look at Oldsmobile, same thing would happen here. The last thing values would do is go up.

Limited production will not affect the short term depreciation that significantly, but long term it should. I'd expect to see depreciation rates very similar to the G8 GT, off by maybe 1-2%. Seeing as 08 GTs are regulary going for roughly 66% of their new value being around a year old, one can assume that the GXP would be worth in the range of 25-29k after a year, depending on mileage and options.


I agree - I think GXP depreciation will follow GT depreciation rather closely. As a result of their higher initial MSRP, one might even argue that they'll depreciate at a quicker rate than your average GT.

You guys are dreaming, if gas stays at less than $2 a gallon there won't be ANY G8 GXP's leftover!

LMAO! That's funny.

yeah and gas is already approaching that $2 mark again...

there will be PLENTY of GXP's left on the lots... hell there are so many GT's that still never got sold with all the rebates... you could have scored a GT for $6K off the MSRP just a few weeks ago...

Agreed - as great a value as it is, I really do not think they will sell well until the economy turns the corner.

there are 16 (not gxp) of them at our local dealer..

16...?

wow... that's overstock there... sheesh...

Probably wouldn't have been overstock if the economy hadn't taken a dump.

I would tend to disagree. There not a lot of $30k sedans that don't at least offer things like BT and nav. I think Pontiac made a huge mis-step in not making sure they had those features for launch. Instead of a niche muscle sedan, it could have been a near-lux sport sedan and sold quite well. So even if the economy wasn't in a downward spiral, I think many people would still pass the G8 off for those reasons. Instead, those people look at Chargers and 300s which offer similar performance and size with the features they want.

there are 16 (not gxp) of them at our local dealer..

I mite need to take a trip down to Houma!!!

The most i've seen on a lot is 4!!! I was jolly to see that many!

There's a few around here too.

Not that i need this configuration, but i have yet to see a G8 with the base center stack with leather 6-way power seats with seat warmers. Looking at the brochure, i know it can be equipped this way but i wonder if there are any G8s out there like this.

If that were the case, my local Pontiac dealer wouldn't have the same 20 G8's on the lot that it's had for the past few months. Gas around here is under $1.50. It's the economy. People are afraid to make major purchases right now with the job market so volitile. 2009 isn't gonna be any better either.

I imagine in the next year or so, there will be more than a few used GXP's and G8's for that matter for sale. Mainly due to the economy and people losing their jobs. Or people that buy them having second thoughts. Yeah, it's sad, but in this day and time that's just the way it is. :(

There's not a lot of $30k sedans that don't at least offer things like BT and nav. I think Pontiac made a huge mis-step in not making sure they had those features for launch. Instead of a niche muscle sedan, it could have been a near-lux sport sedan and sold quite well. So even if the economy wasn't in a downward spiral, I think many people would still pass the G8 off for those reasons. Instead, those people look at Chargers and 300s which offer similar performance and size with the features they want.

That's so true! You'd think that Pontiac would have those offered as a factory option.

My Charger has all those features plus a rear dvd player and garage door home-link. Besides the BT it'll be hard to give those things up if I get a gxp.

I imagine in the next year or so, there will be more than a few used GXP's and G8's for that matter for sale. Mainly due to the economy and people losing their jobs. Or people that buy them having second thoughts. Yeah, it's sad, but in this day and time that's just the way it is. :(

+1

Months ago before this economic climate came to full bloom I didn't expect their will be any GXP sitting on lots but today everywhere you look you'll find brand new G8's offered for thousands less than msrp and dealers still can't get rid of them.

I bet the only G8's that will garner any desirability will be all the 6spd manual GXP's cause it's the only game in town if you want to row your own.

Not that i need this configuration, but i have yet to see a G8 with the base center stack with leather 6-way power seats with seat warmers. Looking at the brochure, i know it can be equipped this way but i wonder if there are any G8s out there like this.

I think on the V6 models the premium package includes the leather/heated seats and includes the dualzone climate/ lcd center stack (like on the GT)

Or am I not getting what you're talking about?

I think on the V6 models the premium package includes the leather/heated seats and includes the dualzone climate/ lcd center stack (like on the GT)

Or am I not getting what you're talking about?

Na you get it, but i thought in the brochure it stated that the premium pkg included: leather 6 way power seats w/ seatwarmers and the fold down armrest w/ cupholders in the back, while the 11 spkr system with the dual climate control was included in the comfort and sound package. I have seen G8 V6s equipped with the comfort and sound and without the premium, but not the other way around.

Its not like i was looking for one or anything though, i was just curious.

Knock off ten grand. As long as the economy is bad residuals on most cars will tank. Anything is only worth what someone will pay for it, and in the next few years everyone walks into a dealership looking for a steal.

Good luck on gas staying at $2 gallon. The brainiacs in our Congress and local governments (and soon to be Executive office) are already dreaming up ways to increase taxes on gas so that $5+ a gallon is the norm. Who cares if this artificial increase destroys our economy while China, India and South America take over the production capacity of this great country. Nuts! Long live cars like the G8.

You got it. Nancy Pelosi hates cars like the G8 GT. She wants us all driving Honda Fits on the weekend when we aren't using mass transit.

You got it. Nancy Pelosi hates cars like the G8 GT. She wants us all driving Honda Fits on the weekend when we aren't using mass transit.

Who is Nancy Pelosi? Well whoever she is, she can suck my dick!!! :fawkdance:

Who is Nancy Pelosi? Well whoever she is, she can suck my dick!!! :fawkdance:

Speaker of the House - third most powerful person in the govt. A far left San Francisco nutcase treehugger liberal democrat

Nancy Needle Nose Pelosi

I didnt buy my G8 for what is future appreciation would be...nor the warranty. IT was the best new car for the money for WHat I wanted...Power, Style, and american sound...and something u can mod on..!

I didnt buy my G8 for what is future appreciation would be...nor the warranty. IT was the best new car for the money for WHat I wanted...Power, Style, and american sound...and something u can mod on..!

Im pretty sure a lot of people here are thinking like you. I know i am. Otherwise we wouldnt be here. Still, when the time comes to let her go, we all are going to face the high depreciation anyway. Unless of course you plan on driving it til the wheels fall off, and restore it in the future.

Im kinda disappointed. Since this isnt really a pontiac, i thought the G8 escaped the depreciation "curse" like the pontiac vibe does.

Im pretty sure a lot of people here are thinking like you. I know i am. Otherwise we wouldnt be here. Still, when the time comes to let her go, we all are going to face the high depreciation anyway. Unless of course you plan on driving it til the wheels fall off, and restore it in the future.

Im kinda disappointed. Since this isnt really a pontiac, i thought the G8 escaped the depreciation "curse" like the pontiac vibe does.

The price of G8s will soar in 5-7 year when V8s are extinct. People will be looking for these scarce classics.

Folks, this is a $30k car, no more and much less as time goes on.
Case in point: A no roof six-speed ($40,660msrp) can be had for $38,800 - $3k rebate and $2k trunk cash..BEFORE IT IS EVEN AN INVENTORY LIABILITY to any dealer. Wait until about June or July.
Do yourselves a favor and start talking about the car...in my social groups people look at me like a hit my head when I tell them I am passing my MB to my wife for "a four door Corvette"...No one, I mean no one, can understand why I would even consider an American car, let alone a Pontiac..Granted, most do not understand but the reality is- that is the market perception of this vehicle. It is an outstanding vehicle and a great value..without market support (i.e. real buyers in VOLUME) it is destin to be a looser.
Like an overgrown three-year old...I am still getting one though!!!

So, I was just wondering... if you bought a GXP today, got the rebates and some money off from a GM card... what would the car be worth in a year?

Is the GXP going to be limited in production?

Is Pontiac ultimately going to survive the carnage at GM?

Pontiac will become a "specialty" brand and the "core of business" will be Chevy, GMC, Buick and Cadillac. Pontiac will be short-term along with the G8s five year life cycle. Expecting to become extinct by 2012.

This doesn't change my decision to pick up a GXP here in the next few weeks. I will keep you posted on my progress.

Buy because YOU like it and intend to keep it for a few years. If you're going to ditch it in a year or two you might as well throw a couple more bundles on Franklins on the fire. I'd be wiling to bet that in a year they'll be 60% of original SELL PRICE, not MSRP. The GXPs are just starting to trickle in so they seem to be "rare". A run of 7-8K (IIRC the annual target) is NOT rare. Not even close. Also don't forget, as mentioned earlier, the stigma that follows American iron. The majority of folks think GM still builds crap. Mainly because that's exactly what they used to do. It will take a long time (if ever) for them to recover from that perception.

One key thing to remember is that everyone here is an enthusiast seeking out other enthusiasts of this awesome car. WE know it's the sh*t. Average Joe American may not have a clue or hold the same opinion. Don't let the biased feedback you receive here cloud your better judgment. Here's a couple examples of other "hot" cars I've looked into over the years and where they ended up. A few years back I had an eye on a Dodge Magnum SRT-8. At the time a pretty hot com

modity, not too unlike the GXP. It stickered around $42k IIRC and was selling all over the place with ADMs. I happened upon a newly pre-owned example with 1,700 miles with an asking price of $25k. Mind you this was smack in the middle of the model year with basically break-in miles. That was enough to scare me away from the SRT-8s. Why did this happen? Because it was a Dodge. Likewise, the same is happening with "hot" Mustangs, the Shelby GT and the GT 500. The Shelby GTs were selling with ADMs in 2007 and pretty much at sticker in 2008. There are still leftovers on the lots that are deeply discounted and not selling. A car that was $38k can now be had for close to $20k with almost no premium over a standard GT. The GT 500 isn't much better. They too were selling with huge ADMs but can now be had with low miles for the mid-20s. The Mustangs have actually been proven to be pretty robust cars that generally do hold their value, but these seemingly "rare" examples don't maintain the big delta in value as used cars that they did when new.

Buy because YOU like it and intend to keep it for a few years. If you're going to ditch it in a year or two you might as well throw a couple more bundles on Franklins on the fire. I'd be wiling to bet that in a year they'll be 60% of original SELL PRICE, not MSRP. The GXPs are just starting to trickle in so they seem to be "rare". A run of 7-8K (IIRC the annual target) is NOT rare. Not even close. Also don't forget, as mentioned earlier, the stigma that follows American iron. The majority of folks think GM still builds crap. Mainly because that's exactly what they used to do. It will take a long time (if ever) for them to recover from that perception.

One key thing to remember is that everyone here is an enthusiast seeking out other enthusiasts of this awesome car. WE know it's the sh*t. Average Joe American may not have a clue or hold the same opinion. Don't let the biased feedback you receive here cloud your better judgment. Here's a couple examples of other "hot" cars I've looked into over the years and where they ended up. A few years back I had an eye on a Dodge Magnum SRT-8. At the time a pretty hot com

modity, not too unlike the GXP. It stickered around $42k IIRC and was selling all over the place with ADMs. I happened upon a newly pre-owned example with 1,700 miles with an asking price of $25k. Mind you this was smack in the middle of the model year with basically break-in miles. That was enough to scare me away from the SRT-8s. Why did this happen? Because it was a Dodge. Likewise, the same is happening with "hot" Mustangs, the Shelby GT and the GT 500. The Shelby GTs were selling with ADMs in 2007 and pretty much at sticker in 2008. There are still leftovers on the lots that are deeply discounted and not selling. A car that was $38k can now be had for close to $20k with almost no premium over a standard GT. The GT 500 isn't much better. They too were selling with huge ADMs but can now be had with low miles for the mid-20s. The Mustangs have actually been proven to be pretty robust cars that generally do hold their value, but these seemingly "rare" examples don't maintain the big delta in value as used cars that they did when new.

I'm a 2006 Magnum SRT8 pilot...having been one of the first people to purchase one below MSRP at the time. In the 3 year run, very few were produced..I believe I saw stats of 6,000 on the LX forum. I have 42,000 miles on it today...it is in excellent condition...I can trade it for $17K to $18K...there is really no special demand for it. These are rock solid cars...MB E-Class tranny imported from Germany, outstanding seats, great motor, lots of MB parts and pieces inside...but a Dodge!