General GM Chat When starting new posts, please specify YEAR, MAKE, MODEL, ENGINE type, and whatever modifications you have made. Chat about all things GM (and related cars). Off-topic stuff should be in the Lounge, and all Model specific mechanical problems should be posted in the proper forum.

good price for GXP

Old Mar 18, 2007 | 12:33 PM
  #11  
two bonnies's Avatar
Senior Member
Posts like a Turbo
 
Joined: Nov 2006
Posts: 456
Likes: 0
From: Northern WV
two bonnies is on a distinguished road
Default

One thing I forgot on the other thread and this one... HUGE down payment. They see all that cash and get giddy.
Reply
Old Mar 18, 2007 | 12:39 PM
  #12  
LongIsland2482's Avatar
Member
Posts like a V-Tak
 
Joined: Mar 2007
Posts: 31
Likes: 0
LongIsland2482 is on a distinguished road
Default

Originally Posted by two bonnies
One thing I forgot on the other thread and this one... HUGE down payment. They see all that cash and get giddy.
huge down payment? I din't have money to put down. I'm getting an auto loan for teh total ammont.
Reply
Old Mar 18, 2007 | 06:02 PM
  #13  
two bonnies's Avatar
Senior Member
Posts like a Turbo
 
Joined: Nov 2006
Posts: 456
Likes: 0
From: Northern WV
two bonnies is on a distinguished road
Default

Sorry to be cryptic...
I had a very large down payment which I suspect helped me alot on price negotiations. I let them know first thing that I had a large down payment burning a hole im my pocket for a GXP. Either they could have it or I would drive to Massachusetts, where there was another car for a much better price.

If you think they are asking too much for the car, don't buy it. The worst thing is to plunk down a bunch of money and then get buyers' regret. Be happy with your transaction. I walked away from three GXPs (1 GP GXP) before I landed mine.
Reply
Old Mar 18, 2007 | 08:21 PM
  #14  
BonnevillesSince62's Avatar
Senior Member
Posts like a Turbo
 
Joined: Mar 2006
Posts: 367
Likes: 0
From: Houston, Tx
BonnevillesSince62 is on a distinguished road
Default

Down payment only helps get the loan bought. If your credit is good enough, and the car is priced right, you can finance 100% + taxes. The dealership gets all their money either way, so a big down payment doesn't have any affect on the price of the car.

It'* kinda like trying to get a better deal if you're paying cash for a car. The dealership makes money off of the financing (provided you finance with one of their lenders), so they don't really like cash deals.
Reply
Old Mar 18, 2007 | 08:26 PM
  #15  
popatim's Avatar
PopaDopaDo
True Car Nut
 
Joined: Jan 2005
Posts: 4,957
Likes: 4
From: NY
popatim is on a distinguished road
Default

Actually you can often get a better price on the car by financing thru the dealer as they get $$$ back for doing that 'sale' too. it just another tid bit they don't like to advertise.
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
chasmanz28
Bonneville GXP/ Northstar Powered Cars
1
Jun 26, 2009 10:07 AM
sandrock
General GM Chat
14
Nov 6, 2007 06:44 AM
bonnie94ssei
Lounge
3
Oct 30, 2007 08:41 AM
macho_mike21
Bonneville GXP/ Northstar Powered Cars
1
Jun 9, 2005 12:27 PM
commanderadama
Bonneville GXP/ Northstar Powered Cars
9
May 18, 2004 01:47 AM


Thread Tools
Search this Thread

All times are GMT -4. The time now is 05:06 PM.