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New truck prices and rebates??

C

centash

Well-known Member
Toying with the idea of replacing my 2009 Sierra 4wd ext.cab with a new 2018 GM. List price is 45 to 50 grand depending on options. Now, here is the question....off the top, GM is offering about 4 grand off list to ' qualified buyer's...That is cash deal, and must apply for a certain banks credit card, and be accepted for it. However, as a farmer and member of a farm union, I qualify for a $9000 rebate on a certain model, or a $ 10300 rebate on the next model up......but only from this farmers union ( we have 3 to choose from) and only fron GM, but I can not get any other rebate. The price is non negotiable with rebates....takes some of the fun out of dealing, but how the heck can they do this??
Ben
 
The worst part is, they are still making a large profit. Bend over, drop your pants and smile!!!!
 
Twenty plus percent below list price will be hard to beat this early in the model year. Will you be forced to finance the purchase through the farmers union, what are the terms and can you pay off the balance early without a penalty? The farmers union would be the best people to answer your questions.
 
I don't know about the Farmers Union discount but I bought a new 2016 Silverado in March of 2016. I went to a dealer with very low advertised prices and after discounts I paid $34,700 for a brand new truck with a sticker of $48,700. Nobody else was coming close. I didn't need to negotiate. At this price new made more sense than used. I love the Silverado and wouldn't do anything differently. This dealer sells over 600 vehicles a month and if you find one you like you better buy it today because it won't be there tomorrow.
 
Possibly farmers Union is giving you a portion of the 50k check that I have that bounced. They never did account for it!!!!!!!!!!!!!!
 
As far as I know, the farmers union has nothing to do with the financing, as these rebates are only good on cash sales, which could be financed through a bank.
Ben
 
Nothing, that's why I am not in a hurry to deal. It has over 100k miles on it, but next year we are planning a 12000 mile trip with the camper trailer, a little less worry with a brand new one.
Ben
 
Back in 2004 at the GM L.C.A. plant, they built the Grand Am and Alero cars. I was doing studies on their manufacturing systems. I had a few of the engineers and supervisors at the time tell me that they could build one of those cars totally for around $1800, and I think at that time those cars were around $20,000. They built I think 1,500 or 2,000 of those cars a day. They can probably afford to deal a little even now days.
 
(quoted from post at 15:54:04 12/17/17) Toying with the idea of replacing my 2009 Sierra 4wd ext.cab with a new 2018 GM. List price is 45 to 50 grand depending on options. Now, here is the question....off the top, GM is offering about 4 grand off list to ' qualified buyer's...That is cash deal, and must apply for a certain banks credit card, and be accepted for it. However, as a farmer and member of a farm union, I qualify for a $9000 rebate on a certain model, or a $ 10300 rebate on the next model up......but only from this farmers union ( we have 3 to choose from) and only fron GM, but I can not get any other rebate. The price is non negotiable with rebates....takes some of the fun out of dealing, but how the heck can they do this??
Ben
Click to expand...

GM is great at inflating their prices, then offering great rebates on those models that don't move. I think you would be surprised at the number of vehicles they sell at list price to buyers who don't care or don't want to shop around or haggle. My Duramax WT crew cab dually that I bought 13 months ago was marked down to $42k...less than a Duramax LT that I priced at a local dealer back in 04! I also went thru Costco (even though the dealer was below their price) and got an additional Visa debit card for $750.
 
But it's basically a two price system.....one for farmers who belong to that specific
union and one price for everyone else. Who makes up the difference?
Ben
 
(quoted from post at 23:14:18 12/17/17) Back in 2004 at the GM L.C.A. plant, they built the Grand Am and Alero cars. I was doing studies on their manufacturing systems. I had a few of the engineers and supervisors at the time tell me that they could build one of those cars totally for around $1800, and I think at that time those cars were around $20,000. They built I think 1,500 or 2,000 of those cars a day. They can probably afford to deal a little even now days.
Click to expand...

Yes, build them for $1800.00, sell for $20,000.00. Where does the $18,200.00 go? To pay for everything else associated with keeping the company going, like wages, healthcare, taxes, permits, retooling, meeting regulations, growing the company. And don't forget the dealers part in all that. He's doing the same thing.

People seem to think you can produce something for, say, $1000.00 and that you should be able to sell it for $1001.00 and stay in business somehow. Always baffled me.
 
Just bought a 2017 Chevy Extended cab (4 door) LT with the 5.3 (but only 2WD), $27,406 out the door in cash. Was sold as a demonstrator (additional rebates from GM) since it had 3000 miles on it. List price was $40,880. I never even set foot in the dealership - called them and had an invoice emailed to me - I signed it and mailed it back with the check.
 
(quoted from post at 07:42:53 12/18/17)
(quoted from post at 23:14:18 12/17/17) Back in 2004 at the GM L.C.A. plant, they built the Grand Am and Alero cars. I was doing studies on their manufacturing systems. I had a few of the engineers and supervisors at the time tell me that they could build one of those cars totally for around $1800, and I think at that time those cars were around $20,000. They built I think 1,500 or 2,000 of those cars a day. They can probably afford to deal a little even now days.
Click to expand...

Yes, build them for $1800.00, sell for $20,000.00. Where does the $18,200.00 go? To pay for everything else associated with keeping the company going, like wages, healthcare, taxes, permits, retooling, meeting regulations, growing the company. And don't forget the dealers part in all that. He's doing the same thing.

People seem to think you can produce something for, say, $1000.00 and that you should be able to sell it for $1001.00 and stay in business somehow. Always baffled me.
Click to expand...



Just like the secret carburetor that gets 300 mpg... There is no way the car costs them $1800.
It turns out that secret carburetor only got 275 mpg. :wink:
 
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