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06-26-06, 07:27 PM
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#1 (permalink)
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Supporting Member
Join Date: Feb 2002
Location: out of the area...
Posts: 12,283
My Corvette(s):
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0% Financing, Rebates, Gas Cards, Employee Pricing - if they happen, are you buying?
Is it enough to get you BACK into the NEW CAR Showrooms???
Enough to get you into that NEW C6??
The industy seems to believe it may - they look to be banking on it
What are your thoughts???
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http://www.msnbc.msn.com/id/13562448/
Quote:
By Kevin Tibbles
Correspondent
NBC News
Updated: 25 minutes ago
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Kevin Tibbles
Correspondent
• Profile
CHICAGO - It's getting to be a rite of summer, as carmakers once again roll out the incentives.
"Zero-percent financing and a gas card and in some cases a rebate," saysTerry Miller, the sales manager of Galpin Ford in Los Angeles, in a dealer advertisement. "They're actually paying you to buy a vehicle right now!"
While the automakers haven't laid out exactly what shape their bargains will take, by the end of this week consumers can expect a blend of:- <LI class=textBodyBlack>Zero-percent financing <LI class=textBodyBlack>So-called employee discount pricing
- Rebates
Even gasoline discounts, which some critics consider environmentally unfriendly.
With zero-percent financing, Ken and Amy Jedlicka of suburban Chicago expect to save thousands.
"It's a very handsome incentive for us," says Ken.
But will incentives really help struggling U.S. automakers pump up lagging sales, including those of gas-guzzling trucks and SUVs?
"A lot of people consider them kind of a Band-Aid, in that they'll get people into the showroom right now that might not have come in right now." says Karl Brauer, an industry expert with edmunds.com. "But a lot of times these are people that would've gone in the next six months."
Incentive programs are also aimed at persuading drivers to buy American. Those imports in the mirror may be a lot closer than they appear, with Toyota bumping Chrysler from third place in sales in both April and May.
Analysts say you're likely to see incentives across the board as carmakers try to keep up with the Joneses.
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06-26-06, 07:47 PM
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#2 (permalink)
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Member
Join Date: Dec 2004
Location: Chicago, IL
Posts: 230
My Corvette(s): 03 Z51 MY Vert
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Right now I would not purchase a new car. Intrest rates, gas prices, and housing costs are so high its all my wife and I can do to just keep our head above water right now. Not to mention our stocks just took a good size hit.
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06-26-06, 07:57 PM
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#3 (permalink)
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Member
Join Date: May 2006
Location: FL
Posts: 246
My Corvette(s):
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The incentives don't matter to me. I've ordered a 2007 coupe. I was particular about what I wanted in the car and the only cars I could find on the lot were highly optioned and not what I was looking for. While I like saving money like anyone, I believe I'll be happier with the car as I want it, and not how the dealer optioned it.
That being said, it's tough waiting until the end of August for a car I've been wanting most of my life.... Delayed gratification, right?
__________________
Evil thrives when good people do nothing~~Anonymous
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06-26-06, 08:53 PM
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#4 (permalink)
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New Member
Join Date: Jun 2006
Location: South Florida
Posts: 6
My Corvette(s): Past owner of new '79, '80. & '85
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If GM offers 0% 72 months on the Corvette there will be one in my garage before the week is out. I'll just have to find a dealer who'll also sell letting me use my GMS authorization also.
I was thinking of getting a Cadillac CTS 3.6L with Luxury and the 18" Sport Appearance Package for several months. I have been waiting for this, it makes things much more doable. I bought my wifes '02 TrailBlazer with 0% 60 months and it'll be paid off next August. I would normally have paid it off early but free money tickles my fancy.
Last edited by mjdart; 06-26-06 at 08:57 PM.
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06-26-06, 09:43 PM
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#5 (permalink)
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Supporting Member
Join Date: Feb 2002
Location: out of the area...
Posts: 12,283
My Corvette(s):
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Quote:
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Originally Posted by mjdart
If GM offers 0% 72 months on the Corvette there will be one in my garage before the week is out. I'll just have to find a dealer who'll also sell letting me use my GMS authorization also.
I was thinking of getting a Cadillac CTS 3.6L with Luxury and the 18" Sport Appearance Package for several months. I have been waiting for this, it makes things much more doable. I bought my wifes '02 TrailBlazer with 0% 60 months and it'll be paid off next August. I would normally have paid it off early but free money tickles my fancy.
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That's what I am thinking - 0% does have a nice ring to it
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06-27-06, 11:27 AM
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#6 (permalink)
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Technical Advisor
Join Date: May 2001
Location: New Haven, Ct. USA
Posts: 3,234
My Corvette(s): Nope, but someday.
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0% is on for 72 hours, get the C6 while its HOT!!!!!
Allthebest, c4c5
__________________
GM World Class Certified Technician, it is not a goal, but a steadfast commitment to excellence in a field more demanding than most. Chevrolet Professional service guild NCM#7993. My greatest asset, my daughter. http://corvettemechanic.com
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06-28-06, 12:51 AM
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#7 (permalink)
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New Member
Join Date: Aug 2004
Location: Coto de Caza, CA
Posts: 7
My Corvette(s): 08 Z51 coupe with 4LT, '72 candy red roadster
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WHY WOULD YOU NOT BUY A C-6 ???????????????
I guess I just don't get it. Call me naive, but the question makes no sense. The C-6 is a world class sports car at half the price of it's primary competition. It goes like a striped ape, gets 18 mpg in town and 26 on the road, and is both comfortable and fun to drive and ride in.
About the only reason I can think of NOT to buy a C-6 is if I had to haul a lot of plywood, and couldn't afford to rent a truck. Or, perhaps, you have other obligations or just can't afford it.
If a gas card or a rebate is the difference between buying and not buying - do yourself a favor and don't buy it. You really shouldn't spend the money anyway. Buy a frivolous toy like a Corvette when it isn't a strain. Otherwise, you really won't enjoy having it anyway - especially when you have to write the check each month.
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06-28-06, 10:37 AM
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#8 (permalink)
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Member
Join Date: May 2006
Location: Auburn Hills-MI / Lordstown-OH
Posts: 737
My Corvette(s): Hers: 2007 Atomic Orange His: 2007 Machine Silver
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Quote:
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Originally Posted by LoyalSince72
If GM offers 0% 72 months on the Corvette there will be one in my garage before the week is out. I'll just have to find a dealer who'll also sell letting me use my GMS authorization also.
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I just ordered an '07, atomic orange this past Monday and the dealer gave me my GMS discount.
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06-28-06, 10:57 AM
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#9 (permalink)
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Member
Join Date: Aug 2003
Location: Cleveland,Ohio
Posts: 536
My Corvette(s): 1973 4-speed Coupe FOR SALE/ SOLD!!!!
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Sorry guys....no 0% on Vettes.......
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06-28-06, 11:43 AM
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#10 (permalink)
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New Member
Join Date: Jun 2006
Location: South Florida
Posts: 6
My Corvette(s): Past owner of new '79, '80. & '85
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GM could have done the 0% for 60 month like they did the Cadillac instead of 72 months. The dealers around me have quite a few on the lots with the '07s coming in very soon - bummer........
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06-28-06, 02:56 PM
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#11 (permalink)
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Supporting Member
Join Date: Aug 2004
Location: Soon in - North Cackalacky
Posts: 501
My Corvette(s): 07 C6 Z06
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Quote:
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Originally Posted by mjdart
GM could have done the 0% for 60 month like they did the Cadillac instead of 72 months. The dealers around me have quite a few on the lots with the '07s coming in very soon - bummer........
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If they have 06s on the lot, they should be dealin' - 0% or not...but they may wait until an o7 is on the truck.
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06-28-06, 05:14 PM
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#12 (permalink)
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Administrator
Join Date: Oct 2002
Location: Lilburn GA
Posts: 9,065
My Corvette(s): 2002 Yellow Z06 (sold); 1999 Pewter FRC (sold)
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In a way I'm glad it isn't on vettes, because I have a severe weakness for 0% financing
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