So I had a doctor's appointment today and had to take the back way to get to the data center after the appointment. I pass the local Pontiac dealership and decide to go and see if they have any G8s in stock. They have a beautiful G8 GT loaded. It is Metallic Grey (the color I would want) and it has the whole sport package. Very sharp looking car for sure. Overall, I like the exterior of the G8 better than my GTO but the interior wasn't that much better than that of my GTO. In some areas, I like the GTO interior better. Anyway, I ask the sales guy if the '09 GXP is still on track and he says yes. I tell him I look forward to the GXP and that I may trade my GTO in for it. That effectively lets him know to leave me alone to look over the G8 GT. This is where is gets good. The sticker price is $31,xxx. I was shocked. Great deal for all of the features you get. Then there is a little sticky next to the sticker that says "A.D.M. $6995" which brings the total price to about $38,500 (I could probably step into a decent 335i for that price). I then go up to the front desk where the salesmen are gathered and the conversation proceeds as follows:

Me: Does A.D.M. mean additional dealer markup?

Old salesman: Yes it does.

Me: Why are you charging a $7000 markup?

Old salesman: Because this is the 1 of the first 888 cars in America

Me: You know there are other dealerships that do not have a markup right? I would rather just wait a few months or a year.

Young cocky salesman (in a sarcastic tone): Well there are other dealerships getting the markup so we are keeping it as is!

Me: Yeah, good luck with that (as I exit the dealership literally laughing)

What is this dealership thinking? Did they not learn from the GTO? This is a working man's performance sedan. No middle class working man is going to fork over an extra $7000 for a car that is going to be mass produced only to have that extra $7000 plus the normal depreciation hit right when driving it off the lot. I just thought that by now dealers would understand that they should be pushing these cars and getting them on the road. Asking for a $7000 markup especially with these gas prices is just nuts. I bought my GTO from this dealer back in '05 and got a great deal. It just gets me mad.

On a side note, a lady was admiring my GTO in the parking lot and told me how nice it was .

 

1) I like the GTO interior better.
2) WTH! We are going to go through this agian. If the G8 bombs, the dealers will blame GM.

 

Which dealer was it?

Edit; Oh, wait. Your not on LI anymore. I may have known the dealer if it was on LI.

 

When I lived on long Island I used to go to King O'Rourke right on 347.

For those in Northern VA, the dealership is Farrish Pontiac Buick GMC. Bastards.

 

Girlfriend bought her Solstice from Van Buren. I believe it was on Jericho tnkpe or something.

 

Some people are just stupid. Hopefully no one buys that car from them and they get stuck with it on the lot until they have to discount it for under MSRP.

 

I plan to check in on it every week. I hope some sucker doesn't go for it. If anybody else in Northern VA reads this, go to Farrish and bust their ***** about it .

 

We should call them. "Yah, we are out of state and want to come get that car."

 

That is $7000 lost to depreciation as soon as you sign the last letter of your name. Only a fool would pay it.

 

They have a white GT fully loaded her for 31,xxx. No dealer mark up. Dipsticks.

 

I thought the "base price" of the GT was going to be 29,995. The MSRP on a loaded one is only $31,xxx?

 

Not a lot of options. Actualy, loaded looks to be $32,745. The one I was looking at didnt have the sunroof and was $31,845.

http://www.pontiac.com/g8/build.jsp?...yle=&year=2008

 

It had the whole sport package and some other package as well. I stopped reading the sticker after I saw the damn markup. But it had the 19" wheels with summer tires and all of that. Looked sharp. Ok, looking at the Pontiac website, the car I saw had the premium + sport package. No sunroof.

 

I hope this isn't a trend. Markup is the last thing GM needs.

Dan

 

Yeah, same song, second verse. Same Pontiac dealership here that went from "Don't touch" and $5,000 ADP on GTO (and where I purchased my GTO for almost $8,000 off sticker 9 months later) is doing the same thing with their G8 GT. No test drives and $5,000 ADP sticker. Maybe I'll go back and see them in September, when the 2009 models are out, gas is $4.50/gallon and unsold G8 GTs are stacked up to the rafters.