trm0002 10-14-2008, 08:28 PM From another Board (credit to Embalmer):
Sorry, but I'm not allowed to post attachments for whatever reason so follow the link...
http://www.camaro5.com/forums/showpost.php?p=158510&postcount=1
CLEAN 10-14-2008, 08:39 PM That's what I'm talking about! Thanks for the link
trm0002 10-14-2008, 08:42 PM That's what I'm talking about! Thanks for the link
I am here to serve the greater good.:)
96Z28Camaro4 10-14-2008, 08:55 PM A little over 20,000 for the employee price on the base model, not too shabby : )
ForYourMalice 10-14-2008, 09:06 PM Why is MSRP less here than what was posted here on Monday?
trm0002 10-14-2008, 09:10 PM Why is MSRP less here than what was posted here on Monday?
Gotta add in DFT (destination charge)
CameronHas111 10-15-2008, 12:49 AM more pricing info thatn what i posted earlier thanks. what about the other performance options like exhaust and engine mods?
JChan611 10-15-2008, 08:59 AM OK I have to ask - can you just get a friend who works for GM to buy for you at that great discount and then have him transfer the car to you? No reason why not right?
1fastdog 10-15-2008, 09:17 AM OK I have to ask - can you just get a friend who works for GM to buy for you at that great discount and then have him transfer the car to you? No reason why not right?
GM employees have to hold a vehicle they purchase under the employee purchase program for a period of time, not act as a broker. If they flip the car prior to the hold period they lose their perk to buy another vehicle at employee price...
;)
Silverado C-10 10-15-2008, 11:18 AM ~28K "employee price" is much closer to what I thought MSRP should have been for the 1SS. :yes:
JChan611 10-15-2008, 02:12 PM GM employees have to hold a vehicle they purchase under the employee purchase program for a period of time, not act as a broker. If they flip the car prior to the hold period they lose their perk to buy another vehicle at employee price...
;)
Ah! I knew there was a catch. Any idea how long that period of time is? Its actually a relative of mine who is the gm employee.
trm0002 10-15-2008, 02:20 PM Ah! I knew there was a catch. Any idea how long that period of time is? Its actually a relative of mine who is the gm employee.
Secondhand info but my brother-in-laws, inlaws, are GM retirees and I believe it's a year. I almost had my brother-in-law buy me the Camaro since he's eligible under his father in law but then it would have to be in his name and then I'd have to pay sales tax AGAIN to get the car from him after the time expired...
Maybe GM should do the factory pickup thing. I'd gladly fly to Canada to pick up my Camaro and drive it home. Would we still have to pay DFT? :D
trm0002 10-15-2008, 02:41 PM Maybe GM should do the factory pickup thing. I'd gladly fly to Canada to pick up my Camaro and drive it home. Would we still have to pay DFT? :D
Count me in. I can get my brother in law to drive me and be there in 2-1/2 hours plus "bridge time". I'd just drive myself but it would be a little difficult to drive two cars back to Buffalo...
JChan611 10-15-2008, 04:16 PM Secondhand info but my brother-in-laws, inlaws, are GM retirees and I believe it's a year. I almost had my brother-in-law buy me the Camaro since he's eligible under his father in law but then it would have to be in his name and then I'd have to pay sales tax AGAIN to get the car from him after the time expired...
Hrmm forgot about having to pay sales tax again when car gets transferred. Anyway it can just be gifted to me without getting taxed? :D
trm0002 10-15-2008, 04:21 PM Hrmm forgot about having to pay sales tax again when car gets transferred. Anyway it can just be gifted to me without getting taxed? :D
Yes, kind of... Your neighbor can't gift you anything, nor can your cousin. Your parents, grandparents, great-grandparents- you get the idea. They can gift up to (it may be higher) $10,000 EACH to a child, grandchild, etc... But if you're in that parent, grandparent... lineage, you qualify for their discount anyways.
JChan611 10-15-2008, 08:02 PM Thx You know your stuff :) Looks like I cant get the discount car thru my cousin then since he can't gift it to me without getting taxed and taxes would be more than the discount :( :( There's no way to just gift a car or anything else expensive (an item or possession) to someone? That boggles me.
Xilant 10-15-2008, 08:54 PM 4800$ for the 21" wheels?
terps 10-16-2008, 10:16 AM 4800$ for the 21" wheels?
When you want bling you pay for it ;) Seriously why would anyone put 21" wheels on a "performance" car. :no:
Primus 10-16-2008, 10:39 AM probably because they liked the way the concept looked....
trm0002 10-16-2008, 10:41 AM probably because they liked the way the concept looked....
You looked lately? Looks like a 20" tire change will cost a min of $1100 (unless you go "no-name"). Hate to see what 21's cost...
diarmadhi 10-16-2008, 11:25 AM You looked lately? Looks like a 20" tire change will cost a min of $1100 (unless you go "no-name"). Hate to see what 21's cost...
Really? Because according to tire rack.. 4 Goodyears can run you $580 before installation.. and 4 pirellis will run you $756.. 4 Yokohamas for $556..
Of course you could step down to Kuhmo's.. (personally i like their tires) for a total of $428 for 4 but really who wants a no name brand tire...
20's arn't as expensive as they used to be.. its the ODD sizes like 21's, 23's etc that are still salary burners..
MetalDragon 10-16-2008, 11:40 AM Secondhand info but my brother-in-laws, inlaws, are GM retirees and I believe it's a year.
I can get a supplier discount through work and I believe (the last time I looked) you had to have the car at least 6 mo. I've heard employee discounts are basically the same.
trm0002 10-16-2008, 11:44 AM Really? Because according to tire rack.. 4 Goodyears can run you $580 before installation.. and 4 pirellis will run you $756.. 4 Yokohamas for $556..
Of course you could step down to Kuhmo's.. (personally i like their tires) for a total of $428 for 4 but really who wants a no name brand tire...
20's arn't as expensive as they used to be.. its the ODD sizes like 21's, 23's etc that are still salary burners..
Problems are:
First, your pricing is looking at VR not ZR rated tires (might not matter to you).
Second, Goodyear only makes the RSA (non-ZR) for the front, not the rear.
Third, see second for the same issue with the Kuhmos.
The only matched set tire rack offers in ZR is the Yokohams at $238/$299 each.
So, $238*2 + $299*2= $1074 + shipping + install
MetalDragon 10-16-2008, 11:53 AM And that's not bad really...I was pricing P Zero's in the neighborhood of $300 plus for the rear a while back.
trm0002 10-16-2008, 11:59 AM And that's not bad really...I was pricing P Zero's in the neighborhood of $300 plus for the rear a while back.
Oops, even I screwed up in what I wrote: (post above edited)
Yokohama FRONT $238.00 ea
Yokohama REAR $299.00 ea
diarmadhi 10-16-2008, 12:07 PM Problems are:
First, your pricing is looking at VR not ZR rated tires (might not matter to you).
Second, Goodyear only makes the RSA (non-ZR) for the front, not the rear.
Third, see second for the same issue with the Kuhmos.
The only matched set tire rack offers in ZR is the Yokohams at $238/$299 each.
So, $238*2 + $299*2= $1074 + shipping + install
Hrmmm yea.. 149 mph or 186...
The last time I've been 149mph in a car on the street is.. umm yea never.. (If your tracking your car suck it up your going to have to pay to play).
As for the staggered tire size.. I've never seen the reason why.. on my list of things to change is to run the 275's all the way around (besides rotating actually HELPS tire life).
My point is the options are out there you can litterally replace the tires for 600ish bucks.
jrhaus76 10-16-2008, 12:19 PM Ah! I knew there was a catch. Any idea how long that period of time is? Its actually a relative of mine who is the gm employee.
It depends on the vehicle. I am son and grand son of GM employees so i get the discount :)
We have sold out early twice. Once on a H2 and second on one of the first automatic Soltices. On the H2 the waiting period was only 6 months. We called GM and asked if we could get out of it due to financial reason and they agreed.
On the Solstice it was 2 years :cry: but... we just sold it. The car was like 3 months old. Nothing ever happened. This was a couple years ago now I guess... wow time flies... and we have bought several new cars since with no issues including the C6 and a 2008 Impala. I guess if there were suspicion and GM actually took the time to check title transfers it could be a problem but i don't see them doing that. Bottom line is you buy the car and get financed thru anyone but GMAC (do they still exist?), or pay cash, you get a memorandum title or clear title then just sell it. The bank isnt going to tell, the BMV isn't going to tell. Who would be the wiser? just don't use any bank institutions related to GM and you should be fine.
But to reverberate, the waiting time is vehicle dependant. My guess is they will try to impose the two years on the Camaro but whatever... If you want to jump the car you can, just be smart about it. I know of several people (me not included) who do that for people all the time. I think you can buy like 8 new cars on the discount per year.
Whoever mentioned the taxes is correct but there are ways around that too. If it is someone you know you can sell it to them cheap... the BMV will look at you funny but f'em. "so you are selling a 2010 Camaro for $1000?" "Yea so?" There is a word for that... tax evasion, ok i guess thats two words but again, is the IRS really going to come down on you for such a small amount? I don't know. Or be honest and look at it this way:
GMS price: $28000 + 7% tax ($2000) = $30000 to get the car off the lot
You say you sell the car to someone else for say $18000 (man that depreciation). tax on that is $1200.
$31200 would be what non employee would pay to own the car if employee jumped it.... Is it worth it? you are techincally breaking two laws, but it can be done. Can you just walk into the dealer and get the car OTD for $31200??? maybe.
trm0002 10-16-2008, 12:29 PM It depends on the vehicle. I am son and grand son of GM employees so i get the discount :)
...
My "step"-grandfather is a Ford retiree... I could just go and buy a Mustang... NOT.
jrhaus76 10-16-2008, 12:37 PM My "step"-grandfather is a Ford retiree... I could just go and buy a Mustang... NOT.
I will say my dad has a 2007 Mustang GT with a Saleen s/c... its prrrrrrrrrreeeeeeeetty niiiiiice! Dynoed at 480 RWHP before he did stage 3.
Mine and his:
http://i35.tinypic.com/3021e86.jpg
and my dad actually works for GM :eek:
JChan611 10-16-2008, 05:04 PM It depends on the vehicle. I am son and grand son of GM employees so i get the discount :)
We have sold out early twice. Once on a H2 and second on one of the first automatic Soltices. On the H2 the waiting period was only 6 months. We called GM and asked if we could get out of it due to financial reason and they agreed.
On the Solstice it was 2 years :cry: but... we just sold it. The car was like 3 months old. Nothing ever happened. This was a couple years ago now I guess... wow time flies... and we have bought several new cars since with no issues including the C6 and a 2008 Impala. I guess if there were suspicion and GM actually took the time to check title transfers it could be a problem but i don't see them doing that. Bottom line is you buy the car and get financed thru anyone but GMAC (do they still exist?), or pay cash, you get a memorandum title or clear title then just sell it. The bank isnt going to tell, the BMV isn't going to tell. Who would be the wiser? just don't use any bank institutions related to GM and you should be fine.
But to reverberate, the waiting time is vehicle dependant. My guess is they will try to impose the two years on the Camaro but whatever... If you want to jump the car you can, just be smart about it. I know of several people (me not included) who do that for people all the time. I think you can buy like 8 new cars on the discount per year.
Whoever mentioned the taxes is correct but there are ways around that too. If it is someone you know you can sell it to them cheap... the BMV will look at you funny but f'em. "so you are selling a 2010 Camaro for $1000?" "Yea so?" There is a word for that... tax evasion, ok i guess thats two words but again, is the IRS really going to come down on you for such a small amount? I don't know. Or be honest and look at it this way:
GMS price: $28000 + 7% tax ($2000) = $30000 to get the car off the lot
You say you sell the car to someone else for say $18000 (man that depreciation). tax on that is $1200.
$31200 would be what non employee would pay to own the car if employee jumped it.... Is it worth it? you are techincally breaking two laws, but it can be done. Can you just walk into the dealer and get the car OTD for $31200??? maybe.
Awesome tips!! Anyone know how long the no-transfer waiting time is on the Camaro?
Yea GMAC is still around. Requires minimum 700 fico to finance with them now :( Why do you say finance with anyone but them? Arent they like the official GM financing company?
terps 10-16-2008, 09:35 PM probably because they liked the way the concept looked....
Good point but weren't they 20's on the front and 21's on the rear and not 21's all around?
jrhaus76 10-16-2008, 11:48 PM Don't fin. thru GMAC if you plan to jump the car to a non-employee. They may catch on that way. Otherwise go for it.
JChan611 10-17-2008, 10:55 AM Don't fin. thru GMAC if you plan to jump the car to a non-employee. They may catch on that way. Otherwise go for it.
Ah that's what you meant. Good point. :yes:
Just read that GM is actually paying their dealers incentives for NOT financing through GMAC anyway :lol: Crazy eh, a financing company that actually doesn't want to make loans.
JakeRobb 10-17-2008, 11:17 AM Ah! I knew there was a catch. Any idea how long that period of time is? Its actually a relative of mine who is the gm employee.
What kind of relative? GM employee discount is extended to parents, children, siblings, step-parents, step-siblings, and I think grandchildren and grandparents as well. You just have to get a document saying that you're eligible from the relative that actually works there.
JChan611 10-17-2008, 10:38 PM What kind of relative? GM employee discount is extended to parents, children, siblings, step-parents, step-siblings, and I think grandchildren and grandparents as well. You just have to get a document saying that you're eligible from the relative that actually works there.
Just a cousin. Guess I'm out of luck with employee pricing. I should just try to get a job at a dealer :)
Is anyone getting close to the invoice prices at least?
1bad350z 10-18-2008, 09:36 AM From another Board (credit to Embalmer):
Sorry, but I'm not allowed to post attachments for whatever reason so follow the link...
http://www.camaro5.com/forums/showpost.php?p=158510&postcount=1
This will be useful when I walk into a dealer to negotiate next week. I'm personally curious is invoice price what the dealer actually pays for the car? So if I buy at $1,000 over invoice they are making a grand profit?
trm0002 10-18-2008, 09:49 AM This will be useful when I walk into a dealer to negotiate next week. I'm personally curious is invoice price what the dealer actually pays for the car? So if I buy at $1,000 over invoice they are making a grand profit?
Yes and yes to an extent. Out of that 1k comes the salesman's commission and the cost to prep the car for your pickup.
Bearcat Steve 10-18-2008, 01:33 PM My uncle retired from Norwood and was in charge of the build of the '69 ZL1's. He is still living. Should I be able to get an employee discount?
BTW, my uncle told me that the they couldn't test the ZL1's on the rollers at Norwood because they overpowered the testing area. Instead, supervisors would take them to the back of the plant -- opposite of OH-562 -- and roast the tires to test them.
BTW, my uncle was also the master keeper of the option codes for the 1st gen cars -- he is cited several times in books about the early Camaro's and Firebirds.
1bad350z 10-19-2008, 11:52 AM Yes and yes to an extent. Out of that 1k comes the salesman's commission and the cost to prep the car for your pickup.
I see but is invoice price the actual cost of the car to the dealer or do they get discounts on top of that too?
dacook 10-19-2008, 06:34 PM I see but is invoice price the actual cost of the car to the dealer or do they get discounts on top of that too?
Dealers still make a profit if they sell for invoice, due to "dealer hold back" , where the car manufacturer credits the dealer with some extra $$ so they still turn a profit. I've bought two vehicles at invoice and it was still worth it for the dealer.
see http://www.wheelsdirect2u.com/dealer_holdback.htm
Vette Pro 10-20-2008, 11:37 AM Dealers still make a profit if they sell for invoice, due to "dealer hold back" , where the car manufacturer credits the dealer with some extra $$ so they still turn a profit. I've bought two vehicles at invoice and it was still worth it for the dealer.
see http://www.wheelsdirect2u.com/dealer_holdback.htm
Dealers will sell vehicles at invoice to move inventory...esecially ones that they have a lot of .. they are paying for those vehicles by the month..it is all about moving inventory...mistakenly most people think that holdback is profit...holdback is money that GM credits the dealership to help the dealer pay their foorplan note on the hundreds of vehicles in their inventory...a bank or GMAC owns the vehicles in the dealers inventory not the dealer and the dealer pays monthly notes on that inventory...as to GM employee price being offered for the 5th gen car that remains to be seen..GM did not offer the employee price on the C6 Z06 for a couple of years...incentives being offered on the first year of the new Camaro will probably not happen..and even if the employee price is offered by GM on the car it is up to the individual dealer if they want to sell a new Camaro at the employee price...dealers are hurting right now...if they have a popular new car to sell it is still going to be the law of supply and demand...you are going to have to pay if you want to play...if you want a bargan you will have to wait until the initial rush is over... I would never buy the first year car anyway because of the bugs that always are discovered during the first year...improvments are always made no matter how much time was spent in development of the vehicle..after the people who have to be the first one on their block to have one have purchased their cars and things cool down dealers will be willing to discount the cars and you can rest assured that GM will over produce the vehicle (THEY ALWAYS DO) and incentives will become the norm.
1bad350z 10-20-2008, 07:47 PM Dealers still make a profit if they sell for invoice, due to "dealer hold back" , where the car manufacturer credits the dealer with some extra $$ so they still turn a profit. I've bought two vehicles at invoice and it was still worth it for the dealer.
see http://www.wheelsdirect2u.com/dealer_holdback.htm
Thanks thats what I thought. I've heard of people buying under invoice even when they were trying to clear out cars. Didnt think they were actually selling at a loss !
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