2011 New Suburban purchase Q&A
#21
Administrator
That is about what I got mine for, well almost 10k it was 9600 off the sticker.
The Tahoe's (and Suburbans) have about a 15% markup. Take 15% off the sticker and you are looking at about dealer cost or close to it, your not likely to get that price but its where you should start your bidding.
The Tahoe's (and Suburbans) have about a 15% markup. Take 15% off the sticker and you are looking at about dealer cost or close to it, your not likely to get that price but its where you should start your bidding.
#22
Administrator
The 2-way remote is bigger than the standard fobs that come w/ the truck and it has a LCD display and ~ 1,000 ft range (although the best I can get is about 500 ft). The display can tell you which doors are locked, fuel status, each tire's pressure, minutes left on the ten minute remote start, and tune radio (for tailgating, I guess). It can't tell you if the alarm is tripped, so not entirely 2-way.
#24
That is about what I got mine for, well almost 10k it was 9600 off the sticker.
The Tahoe's (and Suburbans) have about a 15% markup. Take 15% off the sticker and you are looking at about dealer cost or close to it, your not likely to get that price but its where you should start your bidding.
The Tahoe's (and Suburbans) have about a 15% markup. Take 15% off the sticker and you are looking at about dealer cost or close to it, your not likely to get that price but its where you should start your bidding.
#25
Shark, thanks. If I understand your post correctly and all of the financial terms related to purchasing these cars, the invoice price you are referring to is the dealer invoice off of MSRP? This does not take into consideration any holdback or dealer incentives that allow them to sell the car "at invoice", but still make many thousands behind the scenes?
#27
Administrator
It was a good friend that worked for GMAC that told me about the 15% many years ago... an of course that number changes with various models.
I have not used the supplier pricing so I can't really speak on it but the advice I have tried to follow or give others is shoot for about 3% over invoice, this way you get a decent price, the salesman gets a reasonable profit. Even below invoice I have heard the dealership still makes a base profit for selling the vehicle, seems like I heard somewhere around $600 to 800.
Basically when you start haggling a price its the salesman that gets the hit never the dealership...
I have not used the supplier pricing so I can't really speak on it but the advice I have tried to follow or give others is shoot for about 3% over invoice, this way you get a decent price, the salesman gets a reasonable profit. Even below invoice I have heard the dealership still makes a base profit for selling the vehicle, seems like I heard somewhere around $600 to 800.
Basically when you start haggling a price its the salesman that gets the hit never the dealership...
#28
Administrator
A few other pieces of advice for getting a better/ best deal...
have your financing already done thru your bank or credit union
go on a full stomach (not hungry and not in a hurry)
go close to closing time as they will stay as long as it takes to close the deal but are also wanting to go home, so they will work hard to close a deal.
Always be prepared to walk away
Do some of the preliminary bidding via internet sales, you have all the control when you have time to read over your email offers, this won't get you the rock bottom price but it will get the BS haggling out of the way before having to play the " let me see what my sales manager says"
Once you have got them as low as they will go via internet sales, start visiting the dealership and work with a particular sales person so they get to know you and that you are serious and already know what you are looking to pay for a particular vehicle.
have your financing already done thru your bank or credit union
go on a full stomach (not hungry and not in a hurry)
go close to closing time as they will stay as long as it takes to close the deal but are also wanting to go home, so they will work hard to close a deal.
Always be prepared to walk away
Do some of the preliminary bidding via internet sales, you have all the control when you have time to read over your email offers, this won't get you the rock bottom price but it will get the BS haggling out of the way before having to play the " let me see what my sales manager says"
Once you have got them as low as they will go via internet sales, start visiting the dealership and work with a particular sales person so they get to know you and that you are serious and already know what you are looking to pay for a particular vehicle.
#29
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Join Date: Nov 2010
Location: Detroit burbs
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A few other pieces of advice for getting a better/ best deal...
have your financing already done thru your bank or credit union
go on a full stomach (not hungry and not in a hurry)
go close to closing time as they will stay as long as it takes to close the deal but are also wanting to go home, so they will work hard to close a deal.
Always be prepared to walk away
Do some of the preliminary bidding via internet sales, you have all the control when you have time to read over your email offers, this won't get you the rock bottom price but it will get the BS haggling out of the way before having to play the " let me see what my sales manager says"
Once you have got them as low as they will go via internet sales, start visiting the dealership and work with a particular sales person so they get to know you and that you are serious and already know what you are looking to pay for a particular vehicle.
have your financing already done thru your bank or credit union
go on a full stomach (not hungry and not in a hurry)
go close to closing time as they will stay as long as it takes to close the deal but are also wanting to go home, so they will work hard to close a deal.
Always be prepared to walk away
Do some of the preliminary bidding via internet sales, you have all the control when you have time to read over your email offers, this won't get you the rock bottom price but it will get the BS haggling out of the way before having to play the " let me see what my sales manager says"
Once you have got them as low as they will go via internet sales, start visiting the dealership and work with a particular sales person so they get to know you and that you are serious and already know what you are looking to pay for a particular vehicle.
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long2bhiking
Tahoe & Suburban
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January 17th, 2012 3:48 PM