Who would like to receive supplier pricing on a new truck?

matt123 · February 18, 2016

Due to my work I receive supplier pricing on new vehicles. When I buy a vehicle I can share the supplier pricing with one other person. I believe I have up to 90 days to generate the code for you then you have like 9 months after that to purchase any gm vehicle.

I just bought a 2016 duramax last week. msrp was $64,970, supplier price was $60,XXX so nearly $5k in savings right of the bat.

Then the normal promotions stack on that. When I bought my truck last week there was $4k in current promotions bringing my price down to $56k. From there the dealer may or may not negotiate more. I found the dealers like to say no they cant negotiate with supplier pricing but its BS. GM is eating the difference not the dealer. It makes no difference to the dealer if you use supplier pricing or not. Check multiple dealers, get them to beat each others offers. Chances are you can get them down a bit more or get accessories thrown in / more free oil changes, more money for your trade in etc. I got them to double there initial offer on my trade in and throw in a few extras.

This would not have happened if I didn't get multiple quotes and straight up ask each dealer:

"Dealer ABC is willing to come down $8500 off msrp on a equivalent truck, deliver it to me 3 hours away with a full tank of fuel, and give me XYZ amount trade in on my old truck. If you feel like you can make it worth my while to go to you instead let me know, otherwise thanks for your time." Most dealers were willing to beat another dealer out in one way or another. Every dealer I visited sucked and I didn't feel bad going with who made me the best offer. Its amazing how they go from barely being able to budge on price and give you 5k for your trade in to giving you 10k and extras.

Anyways I have one code I can share with someone. The more expensive the truck the more money you will save. Go to https://www.gmsupplierdiscount.com/ip-vpp/gm-showroom?site=sup-build and you can configure the truck you want and get an idea of savings. Basically $3500+ off a LT duramax $4500+ off a LTZ or high country duramax. More options the more savings.

I would like to share it with someone who will for sure be buying a Duramax in the next few weeks. I can only do it once so if I put your name on it and then you decide not to get a truck right now I cant give it to someone else (I can how ever wait a month or two to actually put your name on it)

If it saves you big money and you feel like giving back I can think of a few cheap accessories I'd love wink wink. But either way I'd like to save someone money instead of it going to waste.

Z45 · February 18, 2016

Fwiw - Chevrolet has a current truck promotion for dealers. If a dealer sells more than 15 in a month, Chevy pays them (the dealer) a $1,000 bonus on every truck they sell. So around here, most dealers are selling at invoice prices. With hold back and $1,000 bonus they make a decent profit on the sale. Must sell more than 15 though.

matt123 · February 18, 2016

yep, invoice price was about $1200 over supplier price for my truck BEFORE negotiating. So even if you negotiate dealer to invoice price supplier still saves you at least $1200 and possibly much more and dealer still makes money.

sk · February 18, 2016

yep, invoice price was about $1200 over supplier price for my truck BEFORE negotiating. So even if you negotiate dealer to invoice price supplier still saves you at least $1200 and possibly much more and dealer still makes money.

It depends. I get Supplier pricing too and when I bought my 2015 I actually got a better price by negotiating than I did with GMS pricing.

Side note -- if you are getting your own financing through a credit union GM will give you supplier pricing without having a code.

matt123 · February 18, 2016

It depends. I get Supplier pricing too and when I bought my 2015 I actually got a better price by negotiating than I did with GMS pricing.

Side note -- if you are getting your own financing through a credit union GM will give you supplier pricing without having a code.

You can use supplier pricing to give you a nice low starting point for negotiating. Most promotions work with supplier pricing. I dont see how you could get a better price without it then you could with it unless the dealer lied to you and told the supplier price was non negotiable.

The credit union discount is a $750 private offer. You can only use 1 private offer. Conquest cash is a private offer that was $1000 when I bought the truck last week, and I got a $1500 private offer from browsing the chevy website . I could only use 1 of the 3 private offers I had. So really the credit union thing is worthless unless you cant get a better private offer. Its possible that they were running some special when you bought your 2015 though. I know towards the end of last year they were running some huge promotions and seemed like the standard was $10k off msrp or more.

Rock1500 · February 18, 2016

I might be trading in my 14 truck for a 16 if the price is right. What kind of total discounts would you think I could expect with current promotions out there? They have a truck on the lot that I think is 58k. But I might ask to build my own since I can never find the exact package that I want.

Would the supplier discount work me

Sent from my SM-N900V using Tapatalk

SMiller · February 19, 2016

Dealers here hand out GMS price when you walk in the door.

Rock1500 · February 20, 2016

So in general any advice when trying to negotiate with the dealer?

Sent from my SM-N900V using Tapatalk

Cowpie · February 21, 2016

I think a lot of this supplier / GM employee or whatever pricing thing is purely marketing yet again. My 2015 2500 6.0L, the sticker was for $48K and I got it for $39K with a free Line-X bed liner and Auto Armor paint protection / rust proofing which has 7 year warranties (with additional 7 year warranty if reapplication of the protection done at the 7 year interval). Just the average booger head consumer with no supplier/employee pricing advantage and wasn't during one of those goofy "truck month" sales promotions. Best negotiation always involves the clear understanding that you will walk away and you don't need to buy anything. I make it my goal to find anything negative I can about any vehicle I am looking at. You know, "well, I really don't need this feature" kind of stuff, or "I don't like the way the OEM has done something" stuff. I always also never finalize a deal on the same day. I always will "sleep on it" before my name goes on a final sales invoice. That has considerable leverage I have found. I have no concern that someone else will get the vehicle. There are myriads of other dealers and thousands of other pickups. The internet can be a wonderful tool.

matt123 · February 22, 2016

I might be trading in my 14 truck for a 16 if the price is right. What kind of total discounts would you think I could expect with current promotions out there? They have a truck on the lot that I think is 58k.

I quickly built a 2016 crewcab 4x4 lt duramax:

MSRP as Configured$58,270.00

GM Supplier Discount Price$54,240.65

Purchase Bonus Cash-$1,500.00

Purchase Consumer Cash-$1,000.00

You Pay $51,740.65

You can qualify for other discounts such as credit union member, military, or a popup offer from chevy's website. For me I got a $1500 pop up offer (called private offer) . You can then negotiate with dealer to get the price down further and maybe get free accessories.

The $1,500 purchase bonus and $1,000 consumer cash are the money promotions, they will change next month, likely will be as good or better though.

Dealers here hand out GMS price when you walk in the door.

The supplier price is listed right on the invoice. If you mean they are pricing trucks at the supplier price already then you should still be able to save more. Also having the supplier code means you can go to any dealership and get the same deal so the dealership your at will feel more pressured to throw in extras, knock the price down more, or give you more for your trade in to get your business.

So in general any advice when trying to negotiate with the dealer?

Sent from my SM-N900V using Tapatalk

Check multiple dealers, tell them your are shopping for best price. Get quotes for your trade in. Always sleep on it. Its a very small chance that they will sell the truck overnight (and new trucks arent rare, you can find another if they do) but its a good chance they might sweeten the deal if they know your on the fence. Tell them dealer ABC is willing to give me xyz if to drive the extra distance to their dealership, Can you do something to beat that so I dont have to drive that far? Then go to dealership 2 and say dealership 1 is willing to make me this offer, can you top it AND make it worth my while to make the drive?

Most dealerships will go a little further knowing they are stealing you from another dealership.

I like to do as much of this as possible in emails, directly to the sales manager if his email is listed on the dealers website. This gives you everything in writing. Went I bought my truck the number I was quoted were all rounded up on the paperwork when I showed up (4.4% interest became 4.9%, fees changed slightly etc.) whipping out a email I had quickly fixed that problem without. If this conversation was just over the phone I might have second guessed myself or had to argue with the salesman.

In the end I got my dealer to match my lowest quote for the truck AND highest quote for my trade in without any real negotiating.

I think a lot of this supplier / GM employee or whatever pricing thing is purely marketing yet again. My 2015 2500 6.0L, the sticker was for $48K and I got it for $39K with a free Line-X bed liner and Auto Armor paint protection / rust proofing which has 7 year warranties (with additional 7 year warranty if reapplication of the protection done at the 7 year interval). Just the average booger head consumer with no supplier/employee pricing advantage and wasn't during one of those goofy "truck month" sales promotions.

LineX and paint protection cost them very little so its easy to get them to through that stuff in. The supplier pricing is good legit thing. It saves thousand right off the top at any dealer you go to and other promotions are stackable with it.

Truecar.com says the average purchase price is on a 2016 is about $400 over invoice price. Supplier price is lower then invoice and then promotions come off of that price. Example: My truck was listed at $65, invoice was $60, Supplier pricing with promotions was $56.

Right now promotions are pretty weak compared to what I was seeing last year. For a while I was constantly seeing 20% off or $10-12,000 off. RIght now its only $2500 off and I still got $9,000 off without any negotiation needed. I'd almost be willing to bet promotions were better when you got yours and that you had to do some negotiating.

sk · February 22, 2016

According to GM's own rules Supplier Pricing is NOT negotiable.

Now I'm not saying dealers won't negotiate -- as others have said in this thread some will -- but they are taking the hit on their own bottom line. If they report it as a GMS sale then GM charges the dealer exactly what the options price out at under GMS pricing which is slightly over invoice. That's why if you find a dealer that is offering prices near (or under) invoice and you negotiate a little you can usually do better than Supplier Pricing. I did that with mine, then I had a $1500 internet private offer on top of that.

Hockeylover86 · February 22, 2016

I think a lot of this supplier / GM employee or whatever pricing thing is purely marketing yet again. My 2015 2500 6.0L, the sticker was for $48K and I got it for $39K with a free Line-X bed liner and Auto Armor paint protection / rust proofing which has 7 year warranties (with additional 7 year warranty if reapplication of the protection done at the 7 year interval). Just the average booger head consumer with no supplier/employee pricing advantage and wasn't during one of those goofy "truck month" sales promotions. Best negotiation always involves the clear understanding that you will walk away and you don't need to buy anything. I make it my goal to find anything negative I can about any vehicle I am looking at. You know, "well, I really don't need this feature" kind of stuff, or "I don't like the way the OEM has done something" stuff. I always also never finalize a deal on the same day. I always will "sleep on it" before my name goes on a final sales invoice. That has considerable leverage I have found. I have no concern that someone else will get the vehicle. There are myriads of other dealers and thousands of other pickups. The internet can be a wonderful tool.

It is a marketing gimmick now, it wasnt some 15 years ago, supplier used to be below invoice and alot closer to employee price (GMS/GMO).

Now you can do better simply negotiating with a good dealer.

matt123 · February 23, 2016

It is a marketing gimmick now, it wasnt some 15 years ago, supplier used to be below invoice and alot closer to employee price (GMS/GMO).

Now you can do better simply negotiating with a good dealer.

Supplier price was about $1200 under invoice and about that much over employee pricing.

All I know is that I live near a oil field area and even though oil has crashed prices of everything around here and still high. Dealerships were a pain to try to talk down, only one close to invoice pricing was that huge Dave Smith dealership. But the more I was able to talke a dealer down, the less they would be willing to give me on trade in.

I found supplier pricing got me a low price that was better then I found without it and since the dealers all knew I could go to any other dealership I wanted they had to compete for my business by giving me the most money for my trade in. It made things much easier for me. If you have a dealer that can beat supplier pricing thats great but I cant find one.

I even searched for the best deals on ebay which were crazy low compared anything I could find locally (somewhere in the neighborhood of supplier pricing) and every one of them I asked said I would save a minimum of grand more with supplier discount.

According to GM's own rules Supplier Pricing is NOT negotiable.

Now I'm not saying dealers won't negotiate -- as others have said in this thread some will -- but they are taking the hit on their own bottom line. If they report it as a GMS sale then GM charges the dealer exactly what the options price out at under GMS pricing which is slightly over invoice. That's why if you find a dealer that is offering prices near (or under) invoice and you negotiate a little you can usually do better than Supplier Pricing. I did that with mine, then I had a $1500 internet private offer on top of that.

GMS is less then invoice. GMS on my truck was right about $1,200 under invoice. I used a $1,500 private offer with it as well.

Like I said above, NO dealer in my area would come down to invoice to make a sale. Looking on ebay and googling for the best chevy dealers in the US I contacted a few different dealers that had trucks listed for approximately supplier pricing already way under invoice and they all said they would come down further (usually $1,000-$1,500) if I used a supplier discount code.

I'm not trying to argue with anyone, This is just my experience over the last few months looking at trucks and finally buying one. The supplier code got me the best deal and was much easier then negotiating. I know many people dont like / arent good and negotiating and i thought someone might like the opportunity to get GMS but I'm not out anything if they dont.