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OT: 2003 Yukon XL Deals

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Old 10-19-2003, 10:31 AM
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Default 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.
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Old 10-19-2003, 11:16 AM
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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).

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Old 10-19-2003, 11:37 AM
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I don't think invoice is the price the dealer pays, (even before any rebates, incentives, etc.)


Last edited by Havasu Hangin; 10-19-2003 at 11:50 AM.
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Old 10-19-2003, 01:54 PM
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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?
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Old 10-19-2003, 05:30 PM
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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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