Price Gouging.... Pontiac dealers are at it again!
Registered User
Joined: Sep 1999
Posts: 1,873
From: South Jersey
The pontiac dealer up the road from me went out of business.
I don't know what they did with GTO's, but when the solstice came out, they had a silver one sitting out front for MONTHS. Presumably, with a markup, as they were hard to find elsewhere.
I don't know what they did with GTO's, but when the solstice came out, they had a silver one sitting out front for MONTHS. Presumably, with a markup, as they were hard to find elsewhere.
Registered User
Joined: Jun 2000
Posts: 2,801
From: South Bend , IN
Thats pretty sad ....come buy one up here . There local dealers I spoke with wont be adding a "market adjustment" ....and one them was only alotted 3 G8's for all of 2008 . Even though they sold a ton of unmarked up GTO's .
Registered User
Joined: Jun 2004
Posts: 2,977
From: SeVa
Easy to mark up the G8 compared to the Bullitt,
"Sir, its got IRS and 365hp compared to SRA and 315hp, for 3k more you get a sophisitcated suspension, not like that buggy cart Ford sells, and you get 50 more horsepower to boot by one of the best damn engines in the business, with more sophisitcation and power, its gonna be running circles around the best Ford's got with alot better ride! I'd also like to point out the more modern and fresh styling on the G8 as well, compared to the recylced appearence of the Mustang, in short a great car with a great suspension, great styling and great power."
or thats how I'd sell it
--->edited a bit for clarity<---
"Sir, its got IRS and 365hp compared to SRA and 315hp, for 3k more you get a sophisitcated suspension, not like that buggy cart Ford sells, and you get 50 more horsepower to boot by one of the best damn engines in the business, with more sophisitcation and power, its gonna be running circles around the best Ford's got with alot better ride! I'd also like to point out the more modern and fresh styling on the G8 as well, compared to the recylced appearence of the Mustang, in short a great car with a great suspension, great styling and great power."
or thats how I'd sell it
--->edited a bit for clarity<---
Last edited by bossco; Mar 10, 2008 at 10:48 PM.
Registered User
Joined: Aug 2000
Posts: 6,165
From: Sterling Heights, MI
"Easy to mark up the G8 compared to the Bullitt, its got IRS and 365hp compared to SRA and 315hp, for 3k more you get a sophisitcated suspension, not like that buggy cart Ford sells, and you get 50 more horsepower to boot by one of the best damn engines in the business, with more sophisitcation and power, its gonna be running circles around the best Ford's got with alot better ride! I'd also like to point out the more modern and fresh styling on the G8 as well, compared to the recylced appearence of the Mustang, in short a great car with a great suspension, great styling and great power."
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Joined: Jun 2004
Posts: 2,977
From: SeVa
True, heritage can count for alot, but I think that might come into play before somebody hit the lot, then again if heritage came into the course of the sell, I think I might try to make the case Ford took it a bit too seriously with the style and rear suspension.
Anyways playing devil's advocate, given M's info on the Bullitt and G8, it boils down to a 3k difference, however if it were just a GT Mustang, it would probably make it a bit harder since the gap would be wider.
Ultimately ADMs suck, I wish the manufacturers could really get a handle on them, when I got my GT I'll never forget the **** eating grin one of the salesman had when I asked about the price of a Shelby, normally I dont say to much, but that grin pretty much forced my "Heh, try and sell them for 65k when the Challenger and F5 show up".
Anyways playing devil's advocate, given M's info on the Bullitt and G8, it boils down to a 3k difference, however if it were just a GT Mustang, it would probably make it a bit harder since the gap would be wider.
Ultimately ADMs suck, I wish the manufacturers could really get a handle on them, when I got my GT I'll never forget the **** eating grin one of the salesman had when I asked about the price of a Shelby, normally I dont say to much, but that grin pretty much forced my "Heh, try and sell them for 65k when the Challenger and F5 show up".
Registered User
Joined: Aug 2004
Posts: 1,870
Easy to mark up the G8 compared to the Bullitt,
"Sir, its got IRS and 365hp compared to SRA and 315hp, for 3k more you get a sophisitcated suspension, not like that buggy cart Ford sells, and you get 50 more horsepower to boot by one of the best damn engines in the business, with more sophisitcation and power, its gonna be running circles around the best Ford's got with alot better ride! I'd also like to point out the more modern and fresh styling on the G8 as well, compared to the recylced appearence of the Mustang, in short a great car with a great suspension, great styling and great power."
or thats how I'd sell it
"Sir, its got IRS and 365hp compared to SRA and 315hp, for 3k more you get a sophisitcated suspension, not like that buggy cart Ford sells, and you get 50 more horsepower to boot by one of the best damn engines in the business, with more sophisitcation and power, its gonna be running circles around the best Ford's got with alot better ride! I'd also like to point out the more modern and fresh styling on the G8 as well, compared to the recylced appearence of the Mustang, in short a great car with a great suspension, great styling and great power."
or thats how I'd sell it
That and i really wouldn't be cross-shopping the G8 with the Bullitt. Maybe a G37/IS350/335i. Compared to them it's still a pretty good value even with the markups.
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Joined: Jul 2001
Posts: 3,132
From: Santa Clara, CA
Been getting calls from Serremonte Ford about a '03 Mach 1 they got in on trade (was willing to sell it for $13K!!), so I went down to take a look at it. While I was there, I got a chance to check out the new Mustang Bullitt. Nice car, and had a $1995 markup.
Fair enough. There's going to be less than 10K made, it's going to be rare. It's one of the first ones in the area, so I can see the markup.
Then I drift down the street to the Pontiac dealer to check on the G8 they recently got in.
Beautiful black G8-GT. Base car, only a couple of options....
.....and a $5000 markup!!!!!
Here a Ford dealer is, selling a very limited edition Mustang that's no doubt going to be in high demand that has a MSRP almost identical to the G8-GT I looked at. That G8-GT is a regular production car, likely selling 4-6 times the quanity of the Bullitt Mustang. Both vehicles were the only ones on the lot and the 1st ones in. But the Pontiac dealer is selling that G8 for $36,000!!!
Here we go....... GTO part 2.
Fair enough. There's going to be less than 10K made, it's going to be rare. It's one of the first ones in the area, so I can see the markup.
Then I drift down the street to the Pontiac dealer to check on the G8 they recently got in.
Beautiful black G8-GT. Base car, only a couple of options....
.....and a $5000 markup!!!!!
Here a Ford dealer is, selling a very limited edition Mustang that's no doubt going to be in high demand that has a MSRP almost identical to the G8-GT I looked at. That G8-GT is a regular production car, likely selling 4-6 times the quanity of the Bullitt Mustang. Both vehicles were the only ones on the lot and the 1st ones in. But the Pontiac dealer is selling that G8 for $36,000!!!
Here we go....... GTO part 2.
Registered User
Joined: Mar 2001
Posts: 954
From: Shelton, WA
Hell, when I bought my TA used, I couldn't work the price of the car to what I wanted at the dealership it was at. I went to another dealership owned by the same guy and told them I wanted to buy the TA that was at that other dealer.....so dealership B bought the car from dealership A, so they could sell me the TA. Just because one dealer won't work with you doesn't mean another one won't.
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Joined: Mar 2001
Posts: 3,376
From: Sarasota FL
With that said, if a dealer knows its only getting a couple for '08, maybe this is their justification. I wouldn't pay over MSRP for anything...but if its a hot product, MSRP is not an insult. Go to a Honda or Toyota dealer and see what they offer off a sticker...people will pay whatever the sticker says, more or less, while domestics are routinely offered $2,000 under invoice AFTER giving customers the rebates...
Ask me how I know
Last edited by Jason E; Mar 11, 2008 at 08:19 AM.
Registered User
Joined: Nov 2001
Posts: 669
From: Arcadia, OK
Exactly. It's worth what someone will pay for it. Personally, I think the G8 is worth MSRP; that is, they priced it right to begin with (relative to what else is out there, at least). It's so much more car than a equal-priced Grand Prix, it's a relative bargain.
FWIW, In Sept. 2004 I did a SmartBuy on a 2004 GTO: $256/month 24-months with 0 down. I had GM MasterCard money, plus "round-up" money, plus the "normal" $5,000 incentive.
FWIW, In Sept. 2004 I did a SmartBuy on a 2004 GTO: $256/month 24-months with 0 down. I had GM MasterCard money, plus "round-up" money, plus the "normal" $5,000 incentive.
Registered User
Joined: Mar 2001
Posts: 3,376
From: Sarasota FL
IF I buy a 5th gen, and I'm dumb enough to buy one the first year they're out, I expect to pay MSRP, even calling in a favor to one of the fellow 9 Chevy dealers within a 1 hr radius of my house...I will NOT pay a penny over MSRP however.
In reality, lets be honest though...I'll be buying a 1 year old one at the auction 2 years after debut for $10k behind MSRP
The joys of being a dealer with auction access
In reality, lets be honest though...I'll be buying a 1 year old one at the auction 2 years after debut for $10k behind MSRP
The joys of being a dealer with auction access
Registered User
Joined: Jul 2002
Posts: 470
From: Wichita, KS
That is so mathematically impossible, it isn't even funny. There is absolutely no way in hell a car that expensive, with a normal residual, can be leased for anywhere near that. Especially for only 2 years! Even a 4 year lease would probably be double that on a car that expensive...even selling it for dealer net!
http://www.ls1gto.com/forums/showthr...ease+agreement