How bad are the markups going to be?

We've all seen what these price gouging dealers can do. I'm not willing to throw $3500 right into the dealers pocket just to own one. Will GM be able to somehow handle this, or will the 27,000 Z28 turn into a 32,000 one. :(

look at whats going on with the Solstice and Z06. i think markups during the initial launch are unavoidable. i saw 05 Stang GTs going for $3-$5 thousand over sticker around here when they hit the lots.

I would imagine there will be "dealer adjustments" of 3-5k sadly.

I'll be waiting for the mark ups to pass before I buy mine...but then again, I have to wait for the Z28 anyways....unless I get a base and trade it for a Z :D

5-6 grand. that's typical for new popular cars in that price range. once you get up to SRT-8s and regular C6 vettes the markups are about 10 grand. f*cking stealerships. i saw a C6 vert M6 the other day at the local Chevy dealership going for 73k (MSRP was 51)

Unfortunately, I do believe there will be mark-ups and further, I think $3500 is very conservative. Weren't the mark-ups on the Solstice in the 10's of thousands? Now think about a car that will be in far more demand. And yes, initially, I think you will see a high-end V8 Camaro outprice a Vette at the same dealership. Stupid as it sounds, ludicrous as it may be, this will happen and someone will have photos to prove it.

Good thing I get employee pricing (until GM takes that away from the UAW).

I think with learning from the GTO Solstice and the Z06 GM has to say something to the dealers..I know they cant "do" anything..actually they could by only allowing dealers that didnt do insane markups but the car first..maybee? Or just put a note out there that GM needs this car and the greed will not only hurt GM but you might be selling Toyotas if you keep price gouging the customers..

I think with learning from the GTO Solstice and the Z06 GM has to say something to the dealers..I know they cant "do" anything..actually they could by only allowing dealers that didnt do insane markups but the car first..maybee? Or just put a note out there that GM needs this car and the greed will not only hurt GM but you might be selling Toyotas if you keep price gouging the customers..
I believe GM has tried "suggesting" to dealers to cool it with the gouging on their recent hot cars, but some do it anyhow. If I was in charge, I would be taking note of any Chevy dealer that gouged on ZO6s, and they would get nothing but pewter V6 Camaros with no air conditioning for the first year.

yeah, GM dealerships suck. the reason they can't sell any GTOs for example is because they all have ridiculous markups on a car that is HARDLY in demand. i mean, that's kind of...retarded

No, alot of them don't. So go to the dealerships that don't use the inflated "market Adjustment". In fact, one thing I like to do is go to a dealership with them, ask to look at a hot car, test drive and then tell them "I don't deal with price gougers, thanks for the ride" Pisses them off badly :D

No, alot of them don't. So go to the dealerships that don't use the inflated "market Adjustment". In fact, one thing I like to do is go to a dealership with them, ask to look at a hot car, test drive and then tell them "I don't deal with price gougers, thanks for the ride" Pisses them off badly :D
bay area dealerships dont let people test drive GTOs, and they ALL have markups except for some automatics in crappy colors. but the 6 speeds are all at least 6k over msrp

Wow, sorry to hear that man. I can buy and test drive GTO all day, starting at sticker (or now red tag) here in Denver. Yes we have the dealerships who mark them up, I love to waste their gas and time when I am feeling bored. The cool ones, I just come window shop and leave the salespeople be.

PS-The crappy dealers are adding about 3k out here.

What if we get a database going. We can go around in our own areas when we are shopping and looking at the Camaro. We can report the price and options of the car to a database so that we can decide which dealers are being unreasonable, and boycott them. :)

What if we get a database going. We can go around in our own areas when we are shopping and looking at the Camaro. We can report the price and options of the car to a database so that we can decide which dealers are being unreasonable, and boycott them. :)

I like this idea.. $3000 markup.. Worse comes to worse, if you can't find anyone that won't sell without markup locally , perhaps you can do this with the extra $3000 with a salesperson and dealer that WON'T markup out your local area..

$1200
You can fly the salesman over in first class to do the paperwork in person, at some fancy resturant, and then fly him back... or yourself.

$1500 for a nice professional personal covered car transport to send you the car.

and $300 I dunno, for any misc stuff.. or simply to give as a gift for the salesperson/dealership to set this up.


I'm just making these numbers up, but you see where I'm going?

I already have an agreement w/my dealer to gett below MSRP is they don't offer GMS intially. Remember, shop around. A lot of the Z06 guys did and some didn't pay a market premium. Just FYI.

I bought my Z in 93, when they first came out. I had to pay MSRP and I thought that was bad. Add to that the first year bugs that all new models have, I vowed never to buy a first year model again. So if I can restrain myself I'll be getting a second year 5th gen.

If there are markups I won't be buying one. Why pay thousands over sticker? Think of what the car will be worth a few years later? The financial hit won't be worth it. I would be better off buying a '69.

And isn't the Mustang due for minor revisions in a couple years? I would also bet that the Challenger makes it to the market before the Camaro. With that kind of competition I would think dealer markups are the last thing GM needs if they want to capture market share.

We've all seen what these price gouging dealers can do. I'm not willing to throw $3500 right into the dealers pocket just to own one. Will GM be able to somehow handle this, or will the 27,000 Z28 turn into a 32,000 one. :(


Hmmmm.....

It appeals to both sexes.
It's going to likely be the flashiest thing in the Chevy showroom.
It's going to have a modest sticker.
It has a historic name.
It's would have had a 7 year absence.
And it's likely to be GM's biggest story over the next 2 years.
GM has been seemingly less able to control gouging on their cars than Ford or Chrysler.

How bad will the markups likely be? :think:

I'd say don't come within a mile of a Chevy dealer without a vat of KY for the 1st year or 2.

I just don't think an 8oz jar of Vasoline is going to cut it this round. :no:

Hmmmm.....

It appeals to both sexes.
It's going to likely be the flashiest thing in the Chevy showroom.
It's going to have a modest sticker.
It has a historic name.
It's would have had a 7 year absence.
And it's likely to be GM's biggest story over the next 2 years.
GM has been seemingly less able to control gouging on their cars than Ford or Chrysler.

How bad will the markups likely be? :think:

I'd say don't come within a mile of a Chevy dealer without a vat of KY for the 1st year or 2.

I just don't think an 8oz jar of Vasoline is going to cut it this round. :no:


it really is a shame. I'm sure there has to be a dealer in the country that won't be marking them up, and I'll give them my business. I don't mind flying out and driving it home, good time to bond with the vehicle and save some cash as well.

I would be more then happy to go to another dealer with in a certain radius of where I live, to buy one. I have no problem paying MSRP, but I will not buy if this car is gouged like the Mustang GT was.

I wont even try buying my new Z/28:D until 2011 at the soonest.

don't buy the first year if you don't want huge markups

besides, the first model year of almost any car from almost any car maker sucks.

Now would be a good time to create some friendships at your local Chevy dealer. :(

Hope that markups don't ruin the car's first year of introduction.
Greedy dealers suck.

As with any highly anticipated model, markups will be dictated by how much interest dealers are seeing from buyers.
It's kind of ironic...show up with cash in your hand for a deposit and you'll fuel the dealer's greed for subsequent buyers.
S.

I'm going to try hard to stick to my guns and not buy one in the first year. Also, there's a Chevy dealership right across the street from where I work, I can see their entire front lot out my back window. If/when I see 5th gen there, I will be going over there camera in-hand. I will take pics of any/all 5th gens and their sticker prices. Then I'll check the one 1 block from where I live and do the same. It will be interesting indeed.

And I still say there will be a dealership that has a 5th gen and Corvette on the same lot, with the 5th gen having the higher price tag. This will happen, and maybe I'll be the one to capture it.

it really is a shame. I'm sure there has to be a dealer in the country that won't be marking them up, and I'll give them my business. I don't mind flying out and driving it home, good time to bond with the vehicle and save some cash as well.

I didn't hear that many horror stories about the new mustangs being marked up. True enough most that I saw for the first month were V6s but ford seemed to get production up pretty quickly. I'm sure this is over simplifying but that seems to be the way to stop gouging. Whos gonna pay thousands over if there are more than enough to go around from the start. Kinda hard to talk about how rare a car is if you've got ten on the lot. :)

Something just occured to me today on the drive home, so now I must ask and maybe somebody here can help out with this one...

Question:
If GM can have a "red tag" sale or employee pricing sale, that almost every dealer falls inline with, how come they can't mandate (or uber-highly suggest, beyond just msrp) the selling price of a vehicle thats not on sale to avoid B.S. markups and "market adjustments" ?

I can wait, I've waited this long, I want a vert anyway so I wont be buying for a year or so after the initial launch, I'll deal with the dealership left and right, but I wont pay more the MSRP.

Something just occured to me today on the drive home, so now I must ask and maybe somebody here can help out with this one...

Question:
If GM can have a "red tag" sale or employee pricing sale, that almost every dealer falls inline with, how come they can't mandate (or uber-highly suggest, beyond just msrp) the selling price of a vehicle thats not on sale to avoid B.S. markups and "market adjustments" ?

It's a very fine line to walk. The employee pricing promotion was voluntary for the dealers. If they chose to sell just one car at the employee price, they had to agree to sell them all at the employee price. Or, they could opt out of the program altogether and hope for the best. Not really much of a choice when it comes down to it. This was basically acceptable as a short term promotion, but if GM tried to use it as a long term strategy, I'm pretty sure the government would step in because manufacturers are not allowed to dictate retail prices to their distributors.

It would be interesting to see GM do this again when the F5 is introduced, but remember with last summer's promotion they excluded cars like the Corvette and GTO. Cars in relatively short supply obviously don't need a lot of cash on the hood, and you could see why GM would want to get the maximum profit out of their hot cars. Same would hold true for the F5, unless GM really wanted to make a statement to their dealers.

We just need a Pal here on the boards that works at a Chevy dealer! JUst imagine if he'd offer to CZ28.com to sell at MSRP and everybody else is marking them up... The business he would get from these boards online would definitely make up any money lost from "the markup."

Jason, quit that Pontiac dealer and go to a Chevy! ;)

Now, I've heard the next GTO will be alot hotter looking though. I think things are going to start looking really good in GM's Stable.

*Imagines picture...

Left: GTO "Judge"
Center: Corvette Z06
Right: Camaro Z28

***Drools..............

We just need a Pal here on the boards that works at a Chevy dealer!

(Raises hand)

;)

(Raises hand)

;)

can you guarantee MSRP? If so you have a sale.

can you guarantee MSRP? If so you have a sale.

Yes, but until production of the new Camaro is confirmed, we will not be taking any deposits.

I'll let everyone know when we will. This is likely still a couple years, at the earilest, away from happening. I'm keeping my fingers crossed that it all works out the way we want it to!

Best thing I can tell you is to send a PM with contact info ie. name, mailing address, and email so I can give you updates as I recieve them.

Thanks.

I didn't hear that many horror stories about the new mustangs being marked up. True enough most that I saw for the first month were V6s but ford seemed to get production up pretty quickly. I'm sure this is over simplifying but that seems to be the way to stop gouging. Whos gonna pay thousands over if there are more than enough to go around from the start. Kinda hard to talk about how rare a car is if you've got ten on the lot. :)


All the GT's around here were selling for sticker, except at one dealership. They sat there and would not sell because people could get them for 5k less down the road.