OT: 2003 Yukon XL Deals
Looking at a 2003 Yukon XL SLT (8.1 liter, K2500) that is sitting at a local dealer. Sticker is $52,700 and invoice is $46,800.
We plan to take advantage of the 0% financing, as we will keep the truck a long time. What can I realistically get this truck for? I plan on getting it well below invoice, but how far? Any idea on what total holdbacks, incentives, rebates... the GM dealers are getting on these? Thanks. |
Knock $5,000 off the invoice price if you write a check for it. That lets the dealer still make a few hundred bucks and you walk with a $53k sticker truck for $42k.
Zero percent kills the $5 grand. If you have good enough credit to qualify for Zero percent, then chances are your bank (or the dealer) will do 4% for you on the truck. The dealer will make a few bucks on the loan, so he may get very competitive there and still let you keep the $5k rebate. Pay attention here (here's where most people get lost with the Zero percent stars in their eyes...) 0%, 48 months, $47,000 = $979.17 payment 4%, 48 months, $42,000 = $948.32 payment 5%, 48 months, $42,000 = $967.23 payment If you were looking at 72 months (you should be spanked for it if you were): 0%, 72 months, $47,000 = $652.78 payment 4%, 72 months, $42,000 = $657.10 payment ** as far as additional holdbacks, I would imagine that there are some, but 3/4 ton trucks usually don't have them as significant as the "transportation" units. 3/4 tonners are "work" units regardless of how fancy they are. Hopefully, though, the current slump right now will net you a killer deal. Get on the net (www.supplierprograms.com or several others) and send out for competitive quotes to keep your dealer in line). m |
I don't think invoice is the price the dealer pays, (even before any rebates, incentives, etc.)
http://www.hotboat.com/image_center/.../74pricing.jpg |
Are you saying that you would be OK with paying invoice for a 2003!?!?! There are way too many '03s around.
I hope to get this truck for below invoice, but am not sure how much below invoice is realistic. Anyone buy a new truck lately? |
I WORK FOR GM AND HERE IS WHAT WE GET OFF SO YOU CAN GO BUY THAT!!!
52,700 STICKER 8,168 MY GM DISCOUNT 15.5% OFF CALLED GMS ------------ 44,532 5% SALES TAX WISCONSIN ------------- 2,226.60 TAX +44,532 --------------- 46758.60 - 5,000.00 REBATE FROM GM ----------------- 41,758.60 TOTAL PRICE THEN ANY OTHER CUSTOMER LOYALTY DISCOUNTS TAKEN OFF THAT PRICE ALSO |
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