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Any $1500.00 private offers popping up lately?

raym0016

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TJay74 Senior Enthusiast

TJay74

Posted
Posted

He is correct on the private offer, you cant just walk in and say "I want this private offer or I walk". It is a manufacture rebate for lack of a better word, as said GM wont always allow you to stack them either. Now if GM gives the dealer a pile of dealer cash to use, the dealer can choose how they use dealer cash. Some hang onto it and don't use it and some will use it to keep a sale from walking. I had a dealer give me $2000 in dealer cash once to keep me from walking on a sale.

ember1205 Senior Enthusiast

ember1205

Posted
Posted

He is correct on the private offer, you cant just walk in and say "I want this private offer or I walk". It is a manufacture rebate for lack of a better word, as said GM wont always allow you to stack them either. Now if GM gives the dealer a pile of dealer cash to use, the dealer can choose how they use dealer cash. Some hang onto it and don't use it and some will use it to keep a sale from walking. I had a dealer give me $2000 in dealer cash once to keep me from walking on a sale.

 

Which is kind of what they do after the model year ends. They send out a check so that the dealers can directly advertise the "rock bottom" price at that point. Sure, there's holdback - which accounts for about 3% of the total invoice price. In order to earn that, though, dealers have to move a certain volume of vehicles. They aren't going to start digging into their holdback if they haven't sold enough vehicles yet that month to qualify for all of it.

lefty421 Enthusiast

lefty421

Posted
Posted
When I bought my truck, they were offering $3900 in factory cash allowances (rebates), of which $1500 was coded as a private offer cash allowance, which negated me being able to use/stack my private offer certificate I was carrying.

 

Are you telling me that GM has changed its ways and now, and no longer codes any of the $4250 in factory cash allowance as a private offer?!?

 

I find that hard to believe..... but if so, good on GM for doing so.

 

My guess is that the $4250 cash was broken down into several smaller rebates like it always has been, and at least part of it is coded as a private offer, just like it always has been.

 

The same goes for Conquest Cash rebates, they are almost always coded as private offers, the same with the $750 USAA rebate, which is also coded as a private offer, so these also typically won't stack with other private offers either.

 

Like I've said, they discounted my truck $11,546 from the MSRP and the only code they needed was my employee discount code. They gave me a $1500 Private Offer discount that didn't require any code or pin so again, I question the validity of the printed paper certificates and whether they are really necessary to get that extra $1500 discount.

 

According to my dealer, the ONLY discount he can't give out to anybody willy-nilly is the employee discount, unless GM authorizes him to do so. And only 1 private offer per purchase. All the other rebates, discounts, sales, can pretty much be handed out to whoever they want, whenever they want.

ember1205 Senior Enthusiast

ember1205

Posted
Posted

 

When I bought my truck, they were offering $3900 in factory cash allowances (rebates), of which $1500 was coded as a private offer cash allowance, which negated me being able to use/stack my private offer certificate I was carrying.

 

Are you telling me that GM has changed its ways and now, and no longer codes any of the $4250 in factory cash allowance as a private offer?!?

 

I find that hard to believe..... but if so, good on GM for doing so.

 

My guess is that the $4250 cash was broken down into several smaller rebates like it always has been, and at least part of it is coded as a private offer, just like it always has been.

 

The same goes for Conquest Cash rebates, they are almost always coded as private offers, the same with the $750 USAA rebate, which is also coded as a private offer, so these also typically won't stack with other private offers either.

 

Like I've said, they discounted my truck $11,546 from the MSRP and the only code they needed was my employee discount code. They gave me a $1500 Private Offer discount that didn't require any code or pin so again, I question the validity of the printed paper certificates and whether they are really necessary to get that extra $1500 discount.

 

According to my dealer, the ONLY discount he can't give out to anybody willy-nilly is the employee discount, unless GM authorizes him to do so. And only 1 private offer per purchase. All the other rebates, discounts, sales, can pretty much be handed out to whoever they want, whenever they want.

 

 

I got $1500 Consumer Cash, $1000 Bonus Cash, $750 Regional Cash, $1000 Downpayment Assistance (had to finance with GM bank)

 

The Private Offer was something I had to "earn" on my own for the extra $1500, brought the rebates portion to $5750.

 

I also got the $750 package savings and Supplier Pricing to get me to over $9500 off MSRP.

SteveBBB Senior Enthusiast

SteveBBB

Posted
Posted

In June of 2014 I did a trade over the phone for my 2013 Silverado to a 2014 Silverado. The trade price was $3600 after rebates. When I arrived I showed them my private offer of $1500 and my GM card for $1500 and ended up trading for $600 plus fees.

mikedege Enthusiast

mikedege

Posted
Posted

This Wednesday 9/2, I got 20% off MSRP deal on a GMC Sierra 1500 4x4 All-terrain 6.2L. Stickered @ 54.4K, I paid 43.5K. Pretty good deal in my eyes.

I dont think I could have done better? Dunno! :)

 

-Mike

galliher_nc Senior Enthusiast

galliher_nc

Posted
Posted

This Wednesday 9/2, I got 20% off MSRP deal on a GMC Sierra 1500 4x4 All-terrain 6.2L. Stickered @ 54.4K, I paid 43.5K. Pretty good deal in my eyes.

I dont think I could have done better? Dunno! :)

 

-Mike

I tried to do the same thing on a 6.2L SLT I saw on the GMC website. It also qualified for the 20% off deal, but I called the dealer and they had sold it a week earlier. GM really needs to update their websites quicker! I ended up with a Denali (which I love), but that 20% off would have been nice. :nopity:

dagwood2001 Enthusiast

dagwood2001

Posted
Posted

I've mentioned this story before, sorry for repeating it, but I recently bought my son a 2015 Chevy Cruze. Sticker was $21,260. Sales price was $18,020.



In addition financing was a 24 month lease at app. 1.2%. These cars sell like fire-how/why I got that deal to this day I don't know. The $$ off was simply called "factory to dealer cash" on the yellow sheet.. Before I pulled the trigger, I shopped the deal to 3 other dealerships, one basically called me a liar, the other two were like "take that and run bro". Even the saleswoman I bought from couldn't clearly tell me what was going on with the pricing.



The more cars I buy, the more I think dealerships pretty much can do whatever they want, whenever they want, to make a sale-if they want to.


galliher_nc Senior Enthusiast

galliher_nc

Posted
Posted

 

The more cars I buy, the more I think dealerships pretty much can do whatever they want, whenever they want, to make a sale-if they want to.

 

Absolutely, it all depends on how hungry they are to make numbers for the month.

ember1205 Senior Enthusiast

ember1205

Posted
Posted

Absolutely, it all depends on how hungry they are to make numbers for the month.

 

Oh, they definitely have leeway. I bought a Sierra in February. Started looking for an SUV for my wife in July. When the August incentives came up, I decided to trade the Sierra Double Cab against a Crew Cab Silverado as well. The sales guy put in the time and effort, located SUVs, and did what he could to try and get a Locate done to close the deal on TWO $45k vehicles.

 

While the Sales Manager knew I certainly COULD pull off two new cars, I don't believe he thought I would actually do it and never bothered to lock down a Locate. They had a 2014 Acadia Denali on the lot that is way overpriced, even with $5k off the MSRP to try and move it. I know damn well he could have dropped that thing to put it where I wanted it, but he just kept saying that there was nothing out there.

 

I went to a different dealer and closed a deal on a '15 Silverado and a'16 Traverse 2LT AWD. Signed all the papers on 8/31, picked up the Traverse that day and the truck the next.

 

Now the first dealer is like "what do you mean you went somewhere else?"

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