Help needed...Is this NEW 2005 a good deal or not

[Justin B.]

Thinking about buying a brand new leftover white 2005 Coupe. Is has every option including the extra top but not the Navigation system. Before tax and tags I can get it for 47,700. The dealer says it is what they have in it but I really don't believe them. Anybody know what they actually have in this one- model-year-old car?

[Mark J.]

gmbuypower.com

One way to check inventory is to search GMBUYPOWER.com. Go to the link below and plug in your zip code. Then toggle between 2005 and 2006 to see if they even offer you an inventory search for 2005. If so, you then have something to compare to.

http://www.gmbuypower.com/vehicleHomePage.bp?make=Chevrolet&makeId=001&model=Corvette&modelId=030&&subModelId=64&subModel=Convertible&zip=95682&year=2006

MRJ

[Rich G.]

Re: Help needed...Is this NEW 2005 a good deal or

Sounds high. A friend paid less than that for a 2006. No extra top, no HUD, no Z51, no Nav. Could be the difference.

I think he paid between 44 and 45.

Rich

[john daly]

Re: Help needed...Is this NEW 2005 a good deal or

Justin,
If the dealer says he's selling the car at cost, you may want to ask the dealer to show you the invoice which will show the dealer price of the car.

jd

[John Lokay]

Re: Help needed...Is this NEW 2005 a good deal or

That price sounds high to me, I'm sure you could find a nice used one for less money.

[Mike M.]

Re: Help needed...Is this NEW 2005 a good deal or

BEWARE!
The dealer is probably referring to the original invoice as his cost.
How many miles on the car? If any, it is a demo and a left over '05. I believe GM will give him additional credits for both. Look up the used car price, add for the mileage and there you go!
How much can you buy a low-mile '05 for? There are too many out there. A full-option, 1,400 mile, '05 convert, including an additional $3,000 set of wheels just sold on E-bay for $48K.
Real value is the the key point to remember, as soon as you leave the dealer,
the car is nearly two-years old. Unless you feel a compulsion to be the "First Owner" your price should be adjusted downward accordingly.
H. a. N. D.

[Len Rayca]

Re: Help needed...Is this NEW 2005 a good deal or

Unless things have changed, GM has what is commonly called Dealer Holdback, which I believe is 3% of the sticker price, which he gets when he sells the car. So check the sticker price and you can calculate how much he will get from GM as a profit on top of any profit he makes on your actaul selling price.

[Tony Merendino]

Re: Help needed...Is this NEW 2005 a good deal or

If you like the car buy it if you have the money. Stop worrying about the deal and worry about the car.

What other business can you sell a product for $50,000 and if you make $1500 you are charging too much. The manufacturer of your computer made more than that and I will bet you didn't pay $50K for it. There is no other retail business that works on a 3% markup and then pays the salesman a commission. That is why auto dealers have such a shady reputation, most have to resort to trickery to make a fair profit.

The deal is what is ruining the automobile business today. Everyone tries to get the best deal and no one cares what the car is. If it has 0% financing or a big rebate it sells even if it a piece of junk.

How many of us would be willing to part with our beloved toys if we were limited to a 3% profit. Something is worth what you are willing to pay for it no more no less.