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Old 11-13-2005, 10:49 AM
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Jerry H. Jerry H. is offline
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Vedero68, The $5000 figure is a nonpublic amount that GM gives dealers on vehicles that they have left on there lot on January or February of the following year. It is called 'Final Pay' and it is just that. After that their is NO other incentives from GM to sell that vehicle. No rebates to the consumer, etc. That being said, you still may have little play. The MSRP was what, around 33k? So the 'holdback' on the car was around $1000. I think the dealer still gets the holdback. Got to remember how long the car has been on the lot and how much interest it has eaten up, though. So if the dealer would give up all the holdback, he could sell it to you for $24,100. (not counting the interest he has paid on it). At this point the final price depends on how much the dealer is willing to lose just to move the car.

Jerry H.--retired Dealership Sales Manager
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