New Incentives After 03/31/08?

espionagespy007 · March 31, 2008

Well tomorrow is the last day according to local GMC dealers for the 0% for 60 months..and nobody knows what it will be on 04-01-08. Any ideas? I was planning to purchase a new 2008 GMC crew cab SLT 4x4 next weekend and test drive all the manufacturerer's tomorrow (just to say I did and strenghten my choice for the Sierra). Will the deal be sweater or more sour than the one already in place? I know its a gamble and I hate to lose...anyone have a good guess on what they will be?

Most other manufacturer's are currently offering $8,000.00 in rebates right now (4000 from dealer/4000 from maker) and Gm is only giving a $2,000.00 incentive. So my guess is that since sales were so poor for trucks all across the board in February and March wasn't better that the deal will get sweater. I'm hoping!

miggytex · March 31, 2008

That's exactly what i was wondering too, i got an email from a local dealer and he told me that he was offering GM Supplier Price from March 29 to March 31. Anyone know what next months incentives will be?? Im sure they have to be in the 3-4K range, and i think the reason why dodge and ford are offering so much off is because they are trying to get rid of their trucks to make room for the new body style trucks coming later this year.

ChickenWing · March 31, 2008

GM hasn't been making trucks for nearly a month now, due to the American Axel strike. There is no end in sight, either. So, my guess is the truck incentives will not be so great, since there are no replacements coming, at least not until the strike is settled. But who knows?

cc1999 · March 31, 2008

Is the Mexico plant down too. Last I herd it was only the US plants that were down because of the axle strike.

Also to be fair. If you are compairing a 4000.00 rebate plus a 4000.00 dollar dealer discount, then it would be fair to say that the GM has a 2000.00 rebate plus a 4000.00 dealer discount. making the comparison more in the 6000.00 for GM vs 8000.00 for Ford, and Dodge was 6000.00 rebate then add another 4000.00 form the dealer making dodge total dicount closer to 10,000.00. Now that said in order to have a 4000.00 dollar dealer dicount you need to be looking at trucks in the high 30k range to low 40s since the markup is typically in the 10% range from sticker to invoice. It has to be a 40k truck selling at invoice to allow the dealer enough room to discount 4k off the price.

A good rule of thumb for anyone shopping for a new truck, that you can take about any MSRP (Windowsticker) and use a 0.9 multiplier and get real close to the dealers invoice. If its a rual dealer that's not in a MFG addvertising program, then you can use a .88 or.89 to get to close invoice. Rual dealers typically don't have a need to participate in MFG addvertising programs that are padded into the metro dealers Invoices at a rate of 1-2% dependant on MFG and add program the dealer is involved in.

espionagespy007 · March 31, 2008

Is the Mexico plant down too. Last I herd it was only the US plants that were down because of the axle strike.

Also to be fair. If you are compairing a 4000.00 rebate plus a 4000.00 dollar dealer discount, then it would be fair to say that the GM has a 2000.00 rebate plus a 4000.00 dealer discount. making the comparison more in the 6000.00 for GM vs 8000.00 for Ford, and Dodge was 6000.00 rebate then add another 4000.00 form the dealer making dodge total dicount closer to 10,000.00. Now that said in order to have a 4000.00 dollar dealer dicount you need to be looking at trucks in the high 30k range to low 40s since the markup is typically in the 10% range from sticker to invoice. It has to be a 40k truck selling at invoice to allow the dealer enough room to discount 4k off the price.

A good rule of thumb for anyone shopping for a new truck, that you can take about any MSRP (Windowsticker) and use a 0.9 multiplier and get real close to the dealers invoice. If its a rual dealer that's not in a MFG addvertising program, then you can use a .88 or.89 to get to close invoice. Rual dealers typically don't have a need to participate in MFG addvertising programs that are padded into the metro dealers Invoices at a rate of 1-2% dependant on MFG and add program the dealer is involved in.

That .9 really works to get the invoice price! They quoted me the exact calculation from the MSRP price.

I had no idea that there was an axle strike...so does that mean its too late to order 2008 models or is it now only 2009? When do the 09's come out..in September?

C. Charles Hahn · April 1, 2008

I had no idea that there was an axle strike...so does that mean its too late to order 2008 models or is it now only 2009? When do the 09's come out..in September?

IF the strike ends within the next month, you can still order an '08. My dealer told me the last day he can order a new 2008 is May 1st as long as the plant is open. Supposedly dealers can't even put in any orders for GMT-900s right now since the plants are on shut-down.

Frankly, at this point I think I'll wait for a 2009, in hopes that they mate the 5.3 Flex Fuel motor with a 6-speed transmission in the half-ton crew cabs.

jhm · April 1, 2008

Well tomorrow is the last day according to local GMC dealers for the 0% for 60 months..and nobody knows what it will be on 04-01-08. Any ideas? I was planning to purchase a new 2008 GMC crew cab SLT 4x4 next weekend and test drive all the manufacturerer's tomorrow (just to say I did and strenghten my choice for the Sierra). Will the deal be sweater or more sour than the one already in place? I know its a gamble and I hate to lose...anyone have a good guess on what they will be?

Most other manufacturer's are currently offering $8,000.00 in rebates right now (4000 from dealer/4000 from maker) and Gm is only giving a $2,000.00 incentive. So my guess is that since sales were so poor for trucks all across the board in February and March wasn't better that the deal will get sweater. I'm hoping!

Fuel price could be the deciding factor. If people aren't buying big cars and trucks, the old supply and demand comes into play.