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New User
| Posts: 2
| Joined: 03/08
Posted: 03/21/08
07:11 PM
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The car I want is a 2008 GMC Sierra. The dealer is offering a $2000 rebate or 0% financing for 60 months. I want to go with the 0% financing. But
I don't want to pay anymore than invoice. Can dealer make a profit off of this deal? Thanks.
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Posted: 03/21/08
11:57 PM
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who cares if they can make a profit. i've been looking around for a while for my car and trying to find the lowest price. i found plenty below invoice. still deciding what i want though ![]() tough decision - first car
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New User
| Posts: 2
| Joined: 03/08
Posted: 03/22/08
09:12 AM
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idiotic response. If you don't know at what point dealer's make a profit,
you don't know where to stand to negotiate. You could hold out until you're
blue in the face for price X, but if the dealer isn't going to make a profit, they
will never give in. But if you know where the profit margin is (taken into consideration all of the avenues of profit a dealer has available, secret
manufacturer rebates, dealer hold back, etc)
you can be assured in your negotiations. You've got to know where you stand.
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macalyne
New User
| Posts: 1
| Joined: 03/08
Posted: 03/25/08
08:04 AM
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The rebate / financing you mention is offered by GMAC and NOT, NOT, NOT the dealer. So it has nothing to do with his profitability.
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Posted: 04/14/08
03:41 PM
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its a credit rebate offered by the oem's credit division. The dealer uses it as a way to sell cars.
The GMC Sierra's are nice cars.
Check out New Cars and Reviews for more info
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