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New Vette cheaper than GTO

Old Feb 24, 2004 | 09:20 PM
  #1  
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New Vette cheaper than GTO

I wa looking at Kerbecks site. In case you don't know its the worlds largest Vette dealer. They are offering :

14% off sticker
plus $2k rebate
plus $1k off coupon from GM
Plus 3.3% financing!!!!!

You do the math. Base Vette @ $44,500 and 3.3% vs $34,500 @ 5.9. Maybe not cheaper but I know which is the better deal. I come out with $35 change and 3.3% for the Vette.
Old Feb 24, 2004 | 11:30 PM
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Vette might be a better deal for you, however, I have a wife and 2 kids...I know which one is the ONLY DEAL for me.

I have a '94 Vette that my wife rag on me about my selfish 2 seater...You're lucky you can still haul kids in your WS6 and GN.

The Vette and GTO really are not necessarily targetting the same market space.

Last edited by gab; Feb 24, 2004 at 11:32 PM.
Old Feb 25, 2004 | 07:26 AM
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Now is the best time ever to buy a C5....

The C6 launch is really putting some nice discounts on new C5's, yet the used C5's have not seemed to drop in value... making this even more appealing.

If I were not in the middle of building a new house, I would probably be purchasing a new Z06 right now...
Old Feb 25, 2004 | 09:02 AM
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Vette might be a better deal for you, however, I have a wife and 2 kids...I know which one is the ONLY DEAL for me.
Gab. My point being that don't you think its a little weird that you can get a Vette cheaper than a new GTO, not if it would be a better deal for Gab. I also have a wife and 2 kids. The WS6 is long gone and the Vette is being traded in on a CTSV. Its obvious, especially to someone who already owns a Corvette that they are 2 totally different cars, that wasn't the point.
Old Feb 25, 2004 | 10:33 AM
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Originally posted by GN1270
Gab. My point being that don't you think its a little weird that you can get a Vette cheaper than a new GTO, not if it would be a better deal for Gab. I also have a wife and 2 kids. The WS6 is long gone and the Vette is being traded in on a CTSV. Its obvious, especially to someone who already owns a Corvette that they are 2 totally different cars, that wasn't the point.
Corvette, like the Mustang is a lame duck.

People KNOW that the current Corvette is being discontinued and a new one is coming out. That means that it's extremely likely C5 Corvette sales are going to tank.

The way manufactures and dealers counter this is giving outlandish breaks on prices to keep things moving. Otherwise, production would grind to a halt, and these cars would start piling up on dealer's lots.

The exact same thing is happening to Mustangs. You can probably get a Cavalier at a steal too.

On the other hand GTO is just hitting the streets and is in low supply, therefore no price breaks. Same thing will happen to the new Corvette and new Mustang when it comes out.

No mystery here, my friend.

Last edited by guionM; Feb 25, 2004 at 10:36 AM.
Old Feb 25, 2004 | 10:39 AM
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Ahhh, but the GTO is also a dated model, true it just came out and will be here for at least another year, but I still beleive that the C5 is still a much better car than the GTO and if not having 2 back seats doesn't matter, its a no brainer to go for the Vette.
Old Feb 25, 2004 | 11:10 AM
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Originally posted by GN1270
Ahhh, but the GTO is also a dated model, true it just came out and will be here for at least another year, but I still beleive that the C5 is still a much better car than the GTO and if not having 2 back seats doesn't matter, its a no brainer to go for the Vette.
But GTO isn't a dated model HERE. That's the big difference.

GTO has a 4 month waiting list, and Pontiac is likely to sell out the 1st year's supply by mid-spring. Meanwhile over at Chevrolet, Corvette sales are starting to trail off a bit. Enough so that GM is packing on incentives to get you to buy it.

As far as to what's the better car, you can go both ways.

Corvette is better if your only objective is speed, or you always wanted one, or the idea of getting a $45,000 car for $35,000 is irresistable. Meanwhile GTO is better if you want a very powerful well made 4 passenger car, or like the idea of getting what is basically a budget $45,000 BMW coupe for $32,000.

Both are good deals, but both are for 2 very different buyers with very different priorities.
Old Feb 25, 2004 | 11:19 AM
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was it ever confirmed that GM would build it's own GTO after the Monaro's 3 year import run?? If true, that means the GTO itself could be a lame duck as soon as next year
Old Feb 25, 2004 | 11:24 AM
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If the GTO wasn't a dated look here, people wouldn't be saying it looks like a Grand Am. Don't know much about a waiting list, but I see plenty on Ebay going for sticker and have heard of some sitting on the lot now for weeks.
Old Feb 25, 2004 | 11:46 AM
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Originally posted by GN1270
If the GTO wasn't a dated look here, people wouldn't be saying it looks like a Grand Am. Don't know much about a waiting list, but I see plenty on Ebay going for sticker and have heard of some sitting on the lot now for weeks.
No debate from me on the looks (been through it too many times before ). But I can tell you that if you ordered a new GTO today, it won't be here before late June (I checked into getting one myself).

As for the ones on e-bay, if you open them up, they all say "Reserve not met" (yep, I checked there as well ).

What that tells us is that people are getting thes cars and attempting to scalp them, selling them at healthy profits. There's one clown that has 41 cars! Tell me he's not trying to pull something!

Given a choice of getting my own from the factory and waiting 4 months or getting one someone may not have broken in correctly or abused today, I'm definately willing wait for my own.

Last edited by guionM; Feb 25, 2004 at 11:49 AM.
Old Feb 25, 2004 | 12:41 PM
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Originally posted by GN1270
If the GTO wasn't a dated look here, people wouldn't be saying it looks like a Grand Am. Don't know much about a waiting list, but I see plenty on Ebay going for sticker and have heard of some sitting on the lot now for weeks.
THe new BMW 5 series looks like the 7 series, does that mean it is dated? I don't think the GTO looks anything like a Grand Am, I've seen them side by side, they have Pontiac style grills that is about it. This is a topic for another thread though.

The GTO is new to the USA, it won't be a "lame duck" until the new model is show and its spec reveiled. 98% of Americans have never heard of a Holden Monaro.

The C5 needs to be discounted, Why would someone want to buy a C5 for full price when they could wait 6 mos. and get a C6 that has a better interior, a 6.0L V8 with 50HP more, and is over all a better car that will probably only MSRP for $1000 more than the equivilent C5.
Old Feb 25, 2004 | 01:24 PM
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OK..I guess i'm the only one that found those discounts pretty damn amazing. I know why they are there, but I guess 10 grand off a new C5 with 3.3% financing isn't too impressive.

Also, if you think the new GTO is more Pontiacs future styling then the past styling I really hope you are wrong. That car fits right into Pontiacs 90's to present styling and therefore gives it a dated look.
Old Feb 25, 2004 | 01:45 PM
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Originally posted by GN1270
OK..I guess i'm the only one that found those discounts pretty damn amazing. I know why they are there, but I guess 10 grand off a new C5 with 3.3% financing isn't too impressive.

Also, if you think the new GTO is more Pontiacs future styling then the past styling I really hope you are wrong. That car fits right into Pontiacs 90's to present styling and therefore gives it a dated look.
On the surface, those are really impressive discounts.

But Z284ever posted some pretty astonishing Mach1 prices a couple of days ago, and you can get Cavalier now at sub-Kia prices (and will likely go lower). Chrysler LH cars are pretty cheap too.

As for the GTO's lowkeyed styling, looking at the G6, I think it's safe to say that like it or hate it, Pontiac is going to a smooth, non-aggressive look.

Last edited by guionM; Feb 25, 2004 at 01:49 PM.
Old Feb 25, 2004 | 02:24 PM
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Originally posted by GN1270
OK..I guess i'm the only one that found those discounts pretty damn amazing. I know why they are there, but I guess 10 grand off a new C5 with 3.3% financing isn't too impressive.

Also, if you think the new GTO is more Pontiacs future styling then the past styling I really hope you are wrong. That car fits right into Pontiacs 90's to present styling and therefore gives it a dated look.
On the contrary, those discounts are amazing. If I was in the market for a new Vette, it would be pretty tempting to get the C5 instead of paying more for the C6, since I also like the C5 very much.

However, to say that one is a "better deal" than the other is merely one's opinion. I stated the inverse as another point-of-view to contradict your opinion, that one is not necessary a "better deal" than the other. My criteria for "better deal" is obviously not the same as yours and that is why we differ in opinion. That's it!!! There's no right or wrong regarding what constitutes "better deal"...

It has been described in a past thread that Holden was tasked by Pontiac to create a frontend for the GTO that looks like a Pontiac family. That's what has been achieved here. I don't believe that the existing GTO styling is a reflection of "future styling" concepts, but merely, make it look like the rest of the Pontiac family now. I don't dispute with what you say that the GTO's frontend looks similar to a Grand Prix (pre-04) or the GrandAm, however, I also see that the GTO (as a whole car) also looks very similar to a BMW 3-series coupe. Around here, BMWs are so popular, so maybe the GTO and it's future replacement may just get the chance to compete for public acceptance (and money).
Old Feb 25, 2004 | 02:51 PM
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Wink

Please, no more GTO styling debates.

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