Good Deal? 11 GMC Seirra

[Gorilla]

I'm looking at a 2011 GMC Sierra Regular Cab Short box(6' 7") with 82K on it. Dealer is asking $14,7K. I've been thru the KBB & their values seem to be all over the place ($9700 to $13K). They have the truck listed on a couple sites which list the KBB value. Both sites say theyre asking about $1400 above market value. I went over to the dealer, test drove & shot numbers back n forth. He showed me what his computer gave as a market value $15,500. He said he would be selling for under what they're told & go by. 

I offered $13K then $13,300. I got him to $13,500 plus tax tags and their "doc" fees of $398 or so which imo is outrageous. Out the door price $14,9K, give or take. 

I was wondering if anyone else out there is looking at the same year model and if so what they paid? I can only find 2 other references online near my area. One is 2011 with 73K miles but a v6 at $10,995. 

Not quite sure if I'm overpaying or at the high end of the KBB. The manager seems to believe his values are inline yet he dropped to $13,800 and tried pretty hard to sell that price tag where as I was stuck at $13,300 going off what I saw KBB listing the higher end value of the price bracket 

[Colossus]

$11,000 or bust.

[jagabom (Esquire)]

Doc. fees are a ripoff.  Figure 50 bucks an hour and what do they do for 6 hours.  Get those cancelled and maybe then buy it.  

Jim

[duquephart]

Deduct the fees from your offer.

[Gorilla]

Ill have to wait for their call tomorrow and see what they say the bank will do & what the payment per month will be. I wanted a 72 month period but they said the bank will only offer 48 mos.due to the year of the truck.  I told them I want a lower monthly payment as there is no warranty and need extra money to be able to fix it. They mentioned buying a 3rd party warranty but I dont want to buy one that isnt going to offer much help in repairs. Just a waste of money imo. 

I agree when I saw the doc fees near $400 I nearly fell off the chair. PA needs a cap on that imo. 

I know $11K is out as I couldnt even get them to agree to $13,3.  I tried every angle but the best was $13,5. from $14,7. They bragged about coming down $1200. 

 

[davester]

Sounds like you don't really think it's a good deal...I would suggest walking away and finding a truck that is a good deal.  You'll be less annoyed with every little noise and vibration you'll feel driving around in it...

[Gorilla]

What bugs me is no warranty and the shorter term loan and higher payment. Still considering others and looking for something newer which the banks would offer a longer term loan period. 

Just wanted to see what others have thought on the deal.

[2018GMC]

My state has a $500 cap on doc fees. All dealers charge $499 doc fee in my state. I always look at private party before playing games with the dealer.

I ended up going out of state to buy my new truck because al of the BS with stealers in my state.

[Gorilla]

PA and Jersey are two of the worst around with doc fees. Neither state have rules on it. Free reign for them. I am starting to consider out of state myself. I found a 16 but it has report front end damage. Not sure the extent to the damage but the truck has 30K on it and one owner. NY also has a limit of $75 for doc fees from what I am hearing. 

I am searching private party as well. I just missed a nice 07 from AZ/NV area that the guy moved to RI. 170 on a 5.3 with zero rust. 3 days on the market and it was sold. Thats when I reached out for this one with the 4.8L with 80K on it. Its a nice truck but may be able to find something newer with a longer term loan period & less mileage.