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Originally Posted by Jerry H.
Brand new 06 GTO's for 25k? I haven't been keeping up with it, but have there been BIG rebates on them? If not, there is no way they can sell them for that unless they are losing tons of money. Having retired as a Sales manager at a Pontiac store, I know about the pricing of these cars. There is only a $2000 to maybe 2500 market on a 36k car. So this leaves it at 33,500 invoice. The holdback, 3% of 36K is what, maybe 1100. Now we are down to 32,400. $7400 to get down to 25k. I never heard of a rebate of anywhere near this on a GM CAR. Even if GM had a 7400 rebate, after that the dealer is selling below his actual cost, not counting any interest he has paid on the invoice price. I just don't think it has happened on any 06's yet.
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Oh jesus.....again the ignorance in this thread is amazing. The car isn't $36K....the rebates now are $2500.....and yes SOME dealers with LARGE inventories are trying to get the cars off the floorplans...but from what I have seen in Boston no less, is that dealers still are not budging off msrp.
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