Family/Friends Discount
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From: Gilbert, AZ
Family/Friends Discount
Does anyone know how much off you would get with the discount? This girl I know at my work can get me a discount from her dad. I was wondering on the ss s/c. I also heard you couldn't use this with GM credit, so I was wondering if it would be better to just use the $2300 credit. Any ideas? 
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From: RTP, NC
Originally Posted by Vendian
Does anyone know how much off you would get with the discount? This girl I know at my work can get me a discount from her dad. I was wondering on the ss s/c. I also heard you couldn't use this with GM credit, so I was wondering if it would be better to just use the $2300 credit. Any ideas?
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From: Gilbert, AZ
Well I work with her again on Sunday, so I'm going to have her ask her dad about it; I'm sure he will know, I just know she got $4000 off her Cavalier. I know it will be less on the Cobalt, but I'm looking for a solid number than an estimate. She wasn't sure if it would be you pay invoice as a friend or if you got $2000-$3000 off.
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check out this thread on edmunds
http://townhall-talk.edmunds.com/dir.../.ee9c38b/2444
the guy in there is pretty good about what kind of discounts you can expect, although you can't get the family discount if you're not family, and the only way i see you getting a discount from someone else is if they're selling you the car, or her dad is VERY important to the dealer and wants to make him happy, good luck.
http://townhall-talk.edmunds.com/dir.../.ee9c38b/2444
the guy in there is pretty good about what kind of discounts you can expect, although you can't get the family discount if you're not family, and the only way i see you getting a discount from someone else is if they're selling you the car, or her dad is VERY important to the dealer and wants to make him happy, good luck.
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From: Gilbert, AZ
Originally Posted by Vita
check out this thread on edmunds
the guy in there is pretty good about what kind of discounts you can expect, although you can't get the family discount if you're not family, and the only way i see you getting a discount from someone else is if they're selling you the car, or her dad is VERY important to the dealer and wants to make him happy, good luck.
the guy in there is pretty good about what kind of discounts you can expect, although you can't get the family discount if you're not family, and the only way i see you getting a discount from someone else is if they're selling you the car, or her dad is VERY important to the dealer and wants to make him happy, good luck.
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From: Piedmont Triad, NC
GM Discounts...
Just to preface this, I've been selling Chevy's for quite some time and this discount/rebate/incentive stuff can get quite silly some times.
Often the Dealerships or Salesperson will confuse you. That is because they know more about this stuff than you do. They sell cars 100 times a month/year, you buy cars once every couple of years. Sometimes it's intentionally, sometimes it's not. I'm not going to tell you that there are no sales people out there who are generally evil or pushy, that would be a lie. But I will absolutely and positively tell you that not all sales people are trying to cheat you out of your money. If you don't understand or are confused at any point, simply let the person you're working with know, and see if he/she can't explain themselves better.
First off, let's clarify some vocab.
Sticker Price: aka MSRP, means just that, the price that is on the Mulroney Sticker (google it) that states clearly the Manufacturers Suggested Retail Price. Certain special vehicles are sold at this price i.e. currently the Corvette is sold AT sticker, sometimes vehicles are sold ABOVE sticker, the first 10 C6's we sold were sold at "5 over" meaning $5,000 over sticker. Generally though, if there's more vehicles than buyers, the vehicles are "discounted" see below.
Discount: can only be offered by the dealer, refers to the amount of money under sticker price that you pay for the car. There is no "Friends and family discount" offered by GM, there can be a discount at Joe's Chevy Shack, but it will generally be over invoice, see below.
Invoice: generally the lowest price a dealer will sell a vehicle for. A salesman is usually paid on a percentage of the amount over invoice he/she sells it to the customer for along with some other considerations. Once in a blue moon vehicles are sold "under" or "back of" invoice, (i.e. the dang 2004 colorado we just can't get rid of), generally dealerships will advertise "back of invoice" but will include the rebate in that total. ( I told you they WOULD confuse you) An Invoice price includes what is generally referred to as "Holdback," unless you are extremely aggressive and thoroughly enjoy angry confrontations, don't expect to get this money included in your discount. This is the money the dealership runs off of, to pay various fees, i.e. insurance on the vehicles while they are on the lot. You are more than welcome to ask, and if the dealer is really trying to earn your business, you may get less than invoice. Generally speaking, ask for invoice and expect to pay a couple hundred dollars over that number.
Rebate: money from GM that is used as sort of a "down payment" towards the vehicles, often GM/Chevrolet has $ or %(apr), sometimes they have $ and % combo deals. see incentive below. Rebates are typically available to all or a select few regardless of what the dealerships "discount" is. i.e. you CAN qualify for Supplier AND a rebate. Some rebates you can use together, some you cannot. Currently we have a GM Owner Loyalty rebate on many vehicles that you can NOT use with the "New2GM' rebate. You CAN use either of these with the active military rebate.
Incentive: outside of the dealerships this is often used to refer to "discounts, rebates, aprs, and special sales, i.e. buy a car and get free tickets to the basketball game. Inside dealerships it is considered the "finance incentive" that is offered in lieu of the rebate ($1,000 or 4.9% for 60 mo for example)
There are two pricing plans available to "friends and family" these prices are both set in stone from the factory and it doesn't matter if you live in Michigan or Alaska. Both of these numbers are listed on the vehicle invoice, most dealers will show you the invoice when asked. If they avoid showing you the invoice when asked, I wouldn't buy from them if I was qualified for one of these plans.
GMS Pricing: This is only available to employees of General Motors and it's subsidiaries. i.e. GMAC, etc. Often this pricing plan is available to friends and family, but you must get authorization (before visiting the dealer, because they WILL confuse you)
Supplier Pricing: is available to employees of companies that work WITH GM. Around here all of the NASCAR employees are SUPPLIERS, as they do not work for GM, but rather a company associated with GM. Other such examples in this area are Tyco (electronics), Alison (transmissions), and a couple smaller companies that supply fabrics and hoses and harnesses. Also, any company that purchases over 100 vehicles a year from GM is considered a "Supplier"
If you think you qualify for either of these, you must have a GMS or Supplier "code" issued by the HR department of the respective employee. Usually this can be found on the internet as well.
IMPORTANT: When one talks about 2% under dealer cost, or 4% or whatever, that % is irrelevant. As I mentioned earlier, if you want the GMS price, it's stated clearly on the invoice.
IMPORTANT: Often times vehicles that are less than $30 grand, the Invoice price is actually lower than the Supplier price so simply ask to see the invoice. Keep in mind, they don't discount after Supplier or GMS, these numbers are from the factory. So if $250 over invoice is less than Supplier, then that's the better deal for you.
That being said, you are free to go to your local dealership and do whatever the heck you want to. Vehicles are normally sold at "market" value, which puts them on the same scale as "fresh" fish from a fancy restaurant. I'm thinking that the first couple of SS/SC Cobalts will sell either at or above sticker. Why? Because the dealer doesn't have to sell them any lower, if you don't want it at that price, somebody else does. When they start having four and five on the lot at a time, then yes a dealer will give you a discount.
When purchasing a vehicle your numbers should look something like this (and every state is slightly different)
Selling Price
- Trade In
+ Tax Tags and Fees (different for every dealer/state)
+ Payoff on trade in (if any)
- Rebate(s)
The amount between the MSRP and Selling price is your "discount" from the dealer.
In NC, (and again, every state is different) the rebates are taxed and come out AFTER the taxes are applied that is why they're at the end.
I hope that clears a few things up.
If you have any more questions, you can call me at MY dealership and I'll be happy to help you in any way I can. *grin*
Aaron Harper
Sales Associate
the Little Cheeper Dealer (you'd understand if you lived here)
Kernersville, NC
P.S. Edmonds is by far the worst website out there for vehicle information. As far as Chevy's are concerned their pricing is outdated and the options they list are just ignorant.
Often the Dealerships or Salesperson will confuse you. That is because they know more about this stuff than you do. They sell cars 100 times a month/year, you buy cars once every couple of years. Sometimes it's intentionally, sometimes it's not. I'm not going to tell you that there are no sales people out there who are generally evil or pushy, that would be a lie. But I will absolutely and positively tell you that not all sales people are trying to cheat you out of your money. If you don't understand or are confused at any point, simply let the person you're working with know, and see if he/she can't explain themselves better.
First off, let's clarify some vocab.
Sticker Price: aka MSRP, means just that, the price that is on the Mulroney Sticker (google it) that states clearly the Manufacturers Suggested Retail Price. Certain special vehicles are sold at this price i.e. currently the Corvette is sold AT sticker, sometimes vehicles are sold ABOVE sticker, the first 10 C6's we sold were sold at "5 over" meaning $5,000 over sticker. Generally though, if there's more vehicles than buyers, the vehicles are "discounted" see below.
Discount: can only be offered by the dealer, refers to the amount of money under sticker price that you pay for the car. There is no "Friends and family discount" offered by GM, there can be a discount at Joe's Chevy Shack, but it will generally be over invoice, see below.
Invoice: generally the lowest price a dealer will sell a vehicle for. A salesman is usually paid on a percentage of the amount over invoice he/she sells it to the customer for along with some other considerations. Once in a blue moon vehicles are sold "under" or "back of" invoice, (i.e. the dang 2004 colorado we just can't get rid of), generally dealerships will advertise "back of invoice" but will include the rebate in that total. ( I told you they WOULD confuse you) An Invoice price includes what is generally referred to as "Holdback," unless you are extremely aggressive and thoroughly enjoy angry confrontations, don't expect to get this money included in your discount. This is the money the dealership runs off of, to pay various fees, i.e. insurance on the vehicles while they are on the lot. You are more than welcome to ask, and if the dealer is really trying to earn your business, you may get less than invoice. Generally speaking, ask for invoice and expect to pay a couple hundred dollars over that number.
Rebate: money from GM that is used as sort of a "down payment" towards the vehicles, often GM/Chevrolet has $ or %(apr), sometimes they have $ and % combo deals. see incentive below. Rebates are typically available to all or a select few regardless of what the dealerships "discount" is. i.e. you CAN qualify for Supplier AND a rebate. Some rebates you can use together, some you cannot. Currently we have a GM Owner Loyalty rebate on many vehicles that you can NOT use with the "New2GM' rebate. You CAN use either of these with the active military rebate.
Incentive: outside of the dealerships this is often used to refer to "discounts, rebates, aprs, and special sales, i.e. buy a car and get free tickets to the basketball game. Inside dealerships it is considered the "finance incentive" that is offered in lieu of the rebate ($1,000 or 4.9% for 60 mo for example)
There are two pricing plans available to "friends and family" these prices are both set in stone from the factory and it doesn't matter if you live in Michigan or Alaska. Both of these numbers are listed on the vehicle invoice, most dealers will show you the invoice when asked. If they avoid showing you the invoice when asked, I wouldn't buy from them if I was qualified for one of these plans.
GMS Pricing: This is only available to employees of General Motors and it's subsidiaries. i.e. GMAC, etc. Often this pricing plan is available to friends and family, but you must get authorization (before visiting the dealer, because they WILL confuse you)
Supplier Pricing: is available to employees of companies that work WITH GM. Around here all of the NASCAR employees are SUPPLIERS, as they do not work for GM, but rather a company associated with GM. Other such examples in this area are Tyco (electronics), Alison (transmissions), and a couple smaller companies that supply fabrics and hoses and harnesses. Also, any company that purchases over 100 vehicles a year from GM is considered a "Supplier"
If you think you qualify for either of these, you must have a GMS or Supplier "code" issued by the HR department of the respective employee. Usually this can be found on the internet as well.
IMPORTANT: When one talks about 2% under dealer cost, or 4% or whatever, that % is irrelevant. As I mentioned earlier, if you want the GMS price, it's stated clearly on the invoice.
IMPORTANT: Often times vehicles that are less than $30 grand, the Invoice price is actually lower than the Supplier price so simply ask to see the invoice. Keep in mind, they don't discount after Supplier or GMS, these numbers are from the factory. So if $250 over invoice is less than Supplier, then that's the better deal for you.
That being said, you are free to go to your local dealership and do whatever the heck you want to. Vehicles are normally sold at "market" value, which puts them on the same scale as "fresh" fish from a fancy restaurant. I'm thinking that the first couple of SS/SC Cobalts will sell either at or above sticker. Why? Because the dealer doesn't have to sell them any lower, if you don't want it at that price, somebody else does. When they start having four and five on the lot at a time, then yes a dealer will give you a discount.
When purchasing a vehicle your numbers should look something like this (and every state is slightly different)
Selling Price
- Trade In
+ Tax Tags and Fees (different for every dealer/state)
+ Payoff on trade in (if any)
- Rebate(s)
The amount between the MSRP and Selling price is your "discount" from the dealer.
In NC, (and again, every state is different) the rebates are taxed and come out AFTER the taxes are applied that is why they're at the end.
I hope that clears a few things up.
If you have any more questions, you can call me at MY dealership and I'll be happy to help you in any way I can. *grin*
Aaron Harper
Sales Associate
the Little Cheeper Dealer (you'd understand if you lived here)
Kernersville, NC
P.S. Edmonds is by far the worst website out there for vehicle information. As far as Chevy's are concerned their pricing is outdated and the options they list are just ignorant.
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Joined: 10-01-04
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From: In a house
Blue - Thanks for all the info, very informative!
I'm keeping my fingers crossed, when I ordered my SS S/C I was told numerous times by my dealerships sales manager and have been told after when I have been checking with them that I will not be paying MSRP for my car. They will discount it, they just donn't know how much. I'm already ahead of the game since I got in on the free sunroof/xm deal.
I'm keeping my fingers crossed, when I ordered my SS S/C I was told numerous times by my dealerships sales manager and have been told after when I have been checking with them that I will not be paying MSRP for my car. They will discount it, they just donn't know how much. I'm already ahead of the game since I got in on the free sunroof/xm deal.
.
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Joined: 01-18-05
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From: Piedmont Triad, NC
***************
Actually there is a "Family" Discount offered by GM.. It's called the GM Customer Loyalty
discount. And I got it on my cobalt.. It was about 1500 dollars off the price of the Cobalt
cause my Father has an Impala. Check on where it is availble because not all dealers will be eligible.
***************
Actually there is a "Family" Discount offered by GM.. It's called the GM Customer Loyalty
discount. And I got it on my cobalt.. It was about 1500 dollars off the price of the Cobalt
cause my Father has an Impala. Check on where it is availble because not all dealers will be eligible.
***************
That specific program is a rebate meaning that the dealer does not cough up the extra $1,500, the manufacturer does. Rebates are available to ALL Customers in a particular geographic region that qualify for them. This particular program ended as of 1/31/05 and was available throughout the entire country to current owners of GM products whether or not they were "family" of someone else.
There is a lot to digest in my earlier message. I think you would do well to go back over it and read both the discount and rebate sections.
To briefly clarify, a rebate comes from the manufacturer and a discount is what is reduced from the selling price by the dealer.
Rebate: money from GM that is used as sort of a "down payment" towards the vehicles, often GM/Chevrolet has $ or %(apr), sometimes they have $ and % combo deals. see incentive below. Rebates are typically available to all or a select few regardless of what the dealerships "discount" is. i.e. you CAN qualify for Supplier AND a rebate. Some rebates you can use together, some you cannot. Currently we have a GM Owner Loyalty rebate on many vehicles that you can NOT use with the "New2GM' rebate. You CAN use either of these with the active military rebate.
GMOL= GM Owner Loyalty Program. Current Owners/Lessees of any model year Buick, Cadillac, Chevrolet, Hummer H2, Oldsmobile, Pontiac, GMC, Saab, or Saturn get Loyalty Allowance as follows: On any new 2004/2005 Buick, Cadillac, Chevrolet, Hummer (Not H1), Oldsmobile Pontiac, GMC current owner gets $1,500 towards purchase or $750 towards Supported GMAC Smartlease/Smartbuy. If Smartlease/Smartbuy must be used as CCR/DPA.
This is a Coupon/Direct mail offer but no coupon is required. Keep proof of current ownership/lease (Current registration, Payment coupon, etc.) or coupon if available in deal file. Not required to trade. OK to transfer to member of household with proof.
This is a Coupon/Direct mail offer but no coupon is required. Keep proof of current ownership/lease (Current registration, Payment coupon, etc.) or coupon if available in deal file. Not required to trade. OK to transfer to member of household with proof.
P.S. Congratulations on your new Cobalt purchase, how are you liking it so far.
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From: Michigan
I got the friends voucher from my best friend that works at GM, it was about 800-850 bucks on top all the rebates and stuff for a base sedan. But I got a bit more added to mine cause our sales person was a jack off and we were gunna walk out, and a manger came and gave us another 400 on top of it.
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From: Tell City In
I Am Going To Tell You The Best Way To Buy A New Cobalt...or Any Other Car That Is Made In The States. This Is For Military Only Sorry For All Of You Other Peeps. Go On A Det. Over Seas Preferably To The Persian Gulf Area. There You Will Find The Auto Stores That Are Offered From The Navy And Other Branches Of The Military. The Price Will Be A Bit Lower Then The Msrp After All Of The Discounts And Other Incentives. Just Thought Every Military Personnal Should Not Get Ripped Off In The States When It Is So Easy To Go Over Seas And Order One Over There.
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From: Piedmont Triad, NC
Wow, that was a blast from the past.
Turns out the easiest way to buy a Cobalt is just to wait until Chevy sell's em all for GMS (Employee Price) minus rebates.
GM gives active military an additional rebate. They should, you guys deserve it.
Other than that, they're no easy ways to deal with ***** salespeople, price isn't the issue there. Instead, find a sales person you can work with and reward him or her with a sale and a valuable customer.
-Villain
Turns out the easiest way to buy a Cobalt is just to wait until Chevy sell's em all for GMS (Employee Price) minus rebates.
GM gives active military an additional rebate. They should, you guys deserve it.
Other than that, they're no easy ways to deal with ***** salespeople, price isn't the issue there. Instead, find a sales person you can work with and reward him or her with a sale and a valuable customer.
-Villain
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