Don't ever do deposits, ever. They are just a way for the dealer to make interest off of YOUR money, while using it against you as a commitment to pay over the fare price of a vehicle.

 

Market price for a "collector edition" vehicle is a fickle thing...and often non-existant. However, in the case I cited above, it took months for me to get my new '79 delivered and the dealer actualy gave me more for my trade in than we origionally agreed upon because the value of the car had risen in those months I was waiting. Needless to say, I wish I still had the '76 even if the engine was a dog!

 

OMG!
LS2?

LS7?

 

Hmm... standing by my prediction that there will be at least one dealership with a 5th gen and C6 on the same lot where the C6 will be the cheaper of the two. Looks like we have a front-runner for which dealership that might be.

And as if this needs to be said, but all of this will get worse before it gets better. They were just the first ones. They won't be the last. First deposits, then the waiting lists, then everyone will be up in arms about how dealerships are selling "slots" (not the actual car) on eBay to buy these. These won't be deposits, but money laid out to put yourself on a waiting list to even have the opportunity to buy one.

All this is coming, that's why it looks more and more likely I will be waiting until the second year to buy mine.

 

Yeah, our rumors are better than their rumors

We'll get one as soon as we can get one w/ GMS

 

I'm surprised Stanford put that in his ad. His place and Kerbeck's are always two of the biggest Vette places around and always have the newest vettes due to their high volume and relationship with Chevy. I know sometimes that they are in the know about things comming down the pipeline but this is a little too much.
People comming into dealerships and wanting to put money down on concept cars is more common than you think. At our dealership we had people come in wanting to put down deposits when the solstice and velite concepts came out. We kindly told them to hold on to their cash because they're just concepts. It's a shame and unethical that a dealer would be taking deposits on a car that we aren't sure 100 percent is comming out with a timeframe

 

GM really needs to do something about their 'manufacturer suggested retail price' and follow the japanese companies. I really dont want to see the msrp on a new z28 be at around 30K, which I can afford, and then a dealer markup of 8 grand, which takes me out of the running to own one. If Lutz and the rest of the gm heads dont do something about that, there will be many supporters and enthusists who wont be able to afford one.

Fry

 

Until the hype goes away. After that the rebates/incentives will kick in.

But, since there's always people who are willing to pay the "market adjustment" or what ever each dealer calls it, the markup will always be there in the beginning.

Not that I agree with it at all, but I doubt GM will do anything about it. I'm sure they could, if they wanted, though.

 

good point

 

actually, we can't -- it's against the law. It's called Anti-Trust. Any employee of any manufacturer (at least in automobiles) is strictly prohibited from telling a dealer what they can or cannot charge for a new car or truck.

If the dealer wants to sell a $30,000 car for 1 dollar or $50,000, we cannot have anything to do with affecting the selling price.

I know that sounds foolish, but trust me -- the day I went to work for GM, I had to sign a pile of papers a mile deep......this law was one of them that I had to acknowledge by signing a paper saying thus.

That said? We don't like it any more than you do....it gives EVERYONE a bad reputation....including the dealers (and there are many more good dealers than bad) who conduct their business in a fair and gracious manner.

 

Yeah, forgot the Anti-Trust... I will stand corrected.

You guys really need to find a way to at least somehow slap those dealers in the face when they do that. Maybe you are even doing that already , but those dealers just screw it up for the Average Joe. AND since the Average Joe can't necessarily distinguish between the dealer and GM, they make GM look bad to him, too.

Oh well... I guess it's one of those matters which will never be resolved...

 

They can't tell them to sell it at MSRP, but on the flip way I'm sure GM could offer incentives to dealers that do sell at MSRP.???

Dealer A sells all his vehicles at MSRP and has a nice full lot.

Dealer B rapes his customers and mysteriously his shipment of new Camaro's never showed up?!?! (Diverted to Customer A) ?

 

The camaro won't be out until 2011

 

I cant believe people are DUMB enough to put money on a concept. I mean the actual car will probably look totally different. I HOPE NOT THOUGH

 

30k for a Z28? Maybe you'll be able to buy it for 30k used, but not new.

BTW, when are one of you folks gonna start a dealership reviw site?