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2009 GM models will average a $1000 price jump!

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Old Jun 24, 2008 | 08:43 AM
  #1  
Darth Xed's Avatar
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2009 GM models will average a $1000 price jump!

That's a pretty big jump.

Love that Value Pricing.


http://www.foxbusiness.com/story/mar...ut-production/


Of course, this line gets my attention to get in before the price jump... just need that lease pull ahead extended a bit...

GM also said Monday it will run a sale June 24-30 to help clear out high inventories of 2008 pickups, sport utility vehicles and larger cars. The sale includes zero percent financing for up to 72 months.

Last edited by Darth Xed; Jun 24, 2008 at 08:46 AM.
Old Jun 24, 2008 | 08:45 AM
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Originally Posted by Darth Xed
That's a pretty big jump.

Love that Value Pricing.


http://www.foxbusiness.com/story/mar...ut-production/
THAT will help move inventory!

Meh... just wait a few weeks and the rebate will go up another $1000 to offset it.
It's all good in the end.

Last edited by ProudPony; Jun 24, 2008 at 09:39 PM.
Old Jun 24, 2008 | 08:46 AM
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Most 2009 models are getting additional standard equipment like Bluetooth and OnStar (though I realize many don't want the latter) which probably contributes somewhat.
Old Jun 24, 2008 | 09:00 AM
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Originally Posted by Darth Xed
That's a pretty big jump.

Love that Value Pricing.
unless the pricing is out of line with it's competitors I don't see the big problem. But I guess some people want something for nothing.
Old Jun 24, 2008 | 09:02 AM
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The price of every car is going to go up. not just GM...the price of steel went from $350/ton in March to almost $800/ton in June...and what are most cars made of????? Steel!

Its inevitable...no OEM can absorb a hit like that
Old Jun 24, 2008 | 09:25 AM
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Originally Posted by 91_z28_4me
unless the pricing is out of line with it's competitors I don't see the big problem. But I guess some people want something for nothing.

I think that the quoted 3.5% jump is extreme. They even quote Chryslers increases as a 2% avg.

Dont want something for nothing... of course, I don't want to pay a grand more for the same thing that was cheaper.
Old Jun 24, 2008 | 09:57 AM
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Originally Posted by Darth Xed
I think that the quoted 3.5% jump is extreme. They even quote Chryslers increases as a 2% avg.

Dont want something for nothing... of course, I don't want to pay a grand more for the same thing that was cheaper.
But it isn't the same thing. The cars have new or upgraded features (pretty much across the board) as well as many improvements in power-train and fuel economy.
Old Jun 24, 2008 | 10:03 AM
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Originally Posted by 91_z28_4me
But it isn't the same thing. The cars have new or upgraded features (pretty much across the board) as well as many improvements in power-train and fuel economy.
I understand there are minor upgrades. They are still the same basic vehicle. Regardless... in today's economy with pathetic auto sales, even on an improved vehicle, a GRAND average is a GIANT jump in price................. IMO, of course.
Old Jun 24, 2008 | 10:51 AM
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Hmmm.. after some digging here between work, I found this that is kinda interesting. I'd have to be able to accept the 3800 and 4 speed auto though. I also kinda wanted something with AWD.

2008 Buick Lucerne CXL
MSRP
STANDARD VEHICLE PRICE*:$29,920.00

SPRING APPEARANCE PACKAGE:
CARBON BLACK METALLIC
BLACK CHROME FINISH GRILLE
17" ALUMINUM CHROME WHEELS
CHROME DECKLID MOLDING


LUXURY PACKAGE:
PWR SEAT ADJUST, DRIVER,
FRONT PASSENGER 8 WAY
POWER LUMBAR, DRIVER, FRONT
PASSENGER, 4 WAY
HEATED FRONT SEATS
HTD LEATHER WRAP STEERING WHL
W/RADIO AND CRUISE CONTROLS
MEMORY SETTINGS FOR 2 DRIVERS
POWER HEATED OUTSIDE MIRROR,
AUTO DIMMING WITH TURN SIGNAL


ULTRA CONFIDENCE PACKAGE:
DRIVER CONFIDENCE PACKAGE
LANE DEPARTURE WARNING
SIDE BLIND ZONE ALERT


POWER SUNROOF


ULTRA CONFIDENCE PKG
DISCOUNT


HEATED & COOLED SEATS,
DRIVER & FRONT PASSENGER


WOOD HEATED STEERING WHEEL

W/RADIO AND CRUISE CONTROLS

TOTAL OPTIONS:$4,400.00
TOTAL VEHICLE & OPTIONS:$34,320.00
DESTINATION CHARGE:$765.00
Total vehicle Prices*:$35,085.00

Ultimately a Cadillac STS V6 AWD would be perfect... but I dont think I am willing to drop that kind of cash. An AWD SRX is actually cheaper than the STS, and probably even more versitile, but it has that love it or leave it look to it.

Also considering a Silverado/Sierra, but they get pricey real fast too if you load them up.

I'd be running to the dealership if Acadia or Enclave were included in this. lol
Old Jun 24, 2008 | 11:10 AM
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That's pretty much the main reason I bought a late '08. For what I got, the '09 equivalent would be EXACTLY the same mechanically, but w/ a price increase. I'm gonna keep it so long, I don't expect that the earlier depreciation will factor in at all.
Old Jun 24, 2008 | 08:11 PM
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Wish I knew what their average vehicle price is. If it's $25k, then that's a 4% increase. Inflation is normally about 3.2%, so it's not much more than inflation assuming a $25k average price (which I don't know is accurate)

Dan
Old Jun 24, 2008 | 09:44 PM
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Originally Posted by Eric77TA
Most 2009 models are getting additional standard equipment like Bluetooth and OnStar (though I realize many don't want the latter) which probably contributes somewhat.
EXACTLY.
Don't want it ... won't pay for it.

I agree with the price increase for steel, but it's more than the steel - prices are up on everything. You do know what the basic constituent of all plastics is don't you? They are petroleum-based which means crude oil! Even things like glass (which have not seen much increase in raw materials) have elevated costs due to the fuels needed to heat the ovens that make the glass, etc. It's hitting us from every side. Oil is more tied into our daily lives than we think.
Old Jun 24, 2008 | 10:10 PM
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It's just to give them more room to use huge OMFG rebates.
Old Jun 25, 2008 | 12:57 AM
  #14  
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Originally Posted by cjmatt
The price of every car is going to go up. not just GM...the price of steel went from $350/ton in March to almost $800/ton in June...and what are most cars made of????? Steel!

Its inevitable...no OEM can absorb a hit like that
Ouch! I'll have to scan the trade magazine at work to see if Michelin is gonna have another big increase in price, I think in the past 2 years they've already adjusted thier prices based on raw materials 3 times now.

Originally Posted by ProudPony
EXACTLY.
Don't want it ... won't pay for it.

I agree with the price increase for steel, but it's more than the steel - prices are up on everything. You do know what the basic constituent of all plastics is don't you? They are petroleum-based which means crude oil! Even things like glass (which have not seen much increase in raw materials) have elevated costs due to the fuels needed to heat the ovens that make the glass, etc. It's hitting us from every side. Oil is more tied into our daily lives than we think.
Indeed, referencing Michelin again, on average, a tire consumes a barrel of oil to produce and deliver (chemicals, fuel, power, ect). This gets interesting when you consider there are forces at work trying to increase the minimum functional tread depth of a tire from 2/32" to 4/32" with most passenger tires coming in at around 10-11/32"s in total tread depth thats certainly going to exasperate things if it comes to pass.

Last edited by bossco; Jun 25, 2008 at 01:06 AM.
Old Jun 25, 2008 | 06:41 PM
  #15  
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Originally Posted by Eric77TA
Most 2009 models are getting additional standard equipment like Bluetooth and OnStar (though I realize many don't want the latter) which probably contributes somewhat.
I believe Bluetooth is going to require higher models. 2LT/SS type models will get it.
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