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Coggin Chevy: $13k over MSRP

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Old Jun 27, 2009 | 11:14 PM
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Coggin Chevy: $13k over MSRP

I have a friend that is a salesman at Coggin Chevy here in jacksonville. He said they have sold about 5 2010 Camaros already, and they just got in two 2SS 6 speeds and they are selling for $50,000. I told him I would just turn around and leave if I were trying to buy one.
He said that people are lining up left and right to buy this thing, and they are paying that $50k price tag. That's whats making it so hard for all of us who won't pay mark ups!
Old Jun 28, 2009 | 12:24 AM
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I would never even walk on the lot of one of these thieves. Searching Cars.com there are about 1500 Camaros avail nationwide. Looking at the list many are for sale at MSRP. Within a few months they will all be at MSRP or less. I doubt that many of these cars are selling above MSRP. There seems to be a lot of dealers who are asking for a lot but only a fool would pay over MSRP that is being produced at 80 - 100k units per year.
Old Jun 28, 2009 | 09:16 AM
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Within a few months they will all be at MSRP or less.
I think you are right but it will take some time.

Brandan-
Old Jun 28, 2009 | 12:25 PM
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Originally Posted by kissel
I think you are right but it will take some time.

Brandan-
That's where the "few months" comes from. The biggest issue is the car can be had for MSRP today at many, many dealerships. It is not limited production and will be around for several years so why bother dealing or even looking at a dealer that is trying to extort you when you can, generally, for the cost of a tank of fuel buy from a dealer who is not a butt head?
Old Jun 28, 2009 | 02:32 PM
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Originally Posted by Pruettfan
only a fool would pay over MSRP that is being produced at 80 - 100k units per year.
How do you know that they are going to produce that many?
Old Jun 28, 2009 | 03:30 PM
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On 1 hand, it's good that the new camaro is the gotta have car right now. It's bad b/c those of lesser means won't be able to buy 1.
Old Jun 28, 2009 | 10:33 PM
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Originally Posted by camaroguy579
I have a friend that is a salesman at Coggin Chevy here in jacksonville. He said they have sold about 5 2010 Camaros already, and they just got in two 2SS 6 speeds and they are selling for $50,000. I told him I would just turn around and leave if I were trying to buy one.
He said that people are lining up left and right to buy this thing, and they are paying that $50k price tag. That's whats making it so hard for all of us who won't pay mark ups!
I think your friend is just blowing smoke. I've been watching these things on ebay and they just aren't bring those kind of numbers. Sure people are paying a premium but not a $13000.00 one. Also if they are lining up left and right why have they only sold 5. My dealer sold 5 in one week.
Old Jun 29, 2009 | 12:03 AM
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Originally Posted by monstertodd
How do you know that they are going to produce that many?
Cheryl Pilchner gave that as an initial annual target with the hopes of 130,000 in year two. This was in an interview back in January. If you look at their current production rate they are at about 7,000 a month.
Old Jun 29, 2009 | 08:07 AM
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my fear is that in a year this will be a bad dream and the discounting will start...But dont be dissuaded...if you want a Camaro there are dealers that will sell at a reasonable price...look around...order early and choose what you want....trust me the car is worth it...
Old Jun 29, 2009 | 10:50 AM
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Originally Posted by Pruettfan
Cheryl Pilcher gave that as an initial annual target with the hopes of 130,000 in year two. This was in an interview back in January. If you look at their current production rate they are at about 7,000 a month.
Fixed the spelling of her name.

The most recent production targets I've seen are in the 50-60k/year range.

That's still more than enough to make paying over MSRP a ridiculous proposition.
Old Jun 29, 2009 | 11:24 AM
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Originally Posted by Pruettfan
Cheryl Pilchner gave that as an initial annual target with the hopes of 130,000 in year two. This was in an interview back in January. If you look at their current production rate they are at about 7,000 a month.
Yes, but this is just a target number. I.E. something to aim for. That doesn't necessarily mean it's guaranteed that's how many are going to be produced.

After the all the hoopla dies down, and all the enthusiasts get their cars, we'll see just how many cars GM will be able to produce.
Old Jun 29, 2009 | 12:32 PM
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Originally Posted by monstertodd

After the all the hoopla dies down, and all the enthusiasts get their cars, we'll see just how many cars GM will be able to produce.
they'll be able to produce more then demand.
Old Jul 6, 2009 | 01:29 AM
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If you do some simple math based on last months production and project out looking at the 24k Camaros already produced you will see more than 75k Camaro's by the end of the year is very likely. Of course something can always happen to throw a wrench in the works but since the judge approved the "new GM" and the government is providing the funding it seems highly unlikely that GM will go away and unless you think GM is going to shut down production of the hottest selling car in the country then you have to expect that we will have plenty of supply pretty soon.
Old Jul 6, 2009 | 03:43 PM
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I started taking my cars to a new mechanic after I learned my dealer was asking $30k over MSRP for a 2SS.
Old Jul 6, 2009 | 03:51 PM
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Originally Posted by Pruettfan
If you do some simple math based on last months production and project out looking at the 24k Camaros already produced you will see more than 75k Camaro's by the end of the year is very likely.
Where are you getting the 24k number? Just last week, I heard that they had ~25k orders, and were not even halfway done building the cars to fill those orders.



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