Author Topic: How low can you go? (Read 1661 times)

55inthe54 · « **on:** October 25, 2004, 09:13:11 am »

A link to average prices paid for cars in the US:

http://www.usnews.com/usnews/biztech/auto/articles/carprices_4.htm

I was able to get about 7% off on a 2005 FX35 with tech. Not bad...

Snowman · « **Reply #1 on:** October 25, 2004, 09:48:35 am »

The Crossfire is 1% over invoice?.....WFT!....this has to be a typo. This would make it the only car with a higher than zero rating. Perhaps this is the selling price average vs. the new discounted amount.

wing · « **Reply #2 on:** October 25, 2004, 10:33:06 am »

Probably because it's new snowy. It probalby sold for over invoice for a month or so. Now they are giving them away.

saint_satan · « **Reply #3 on:** October 25, 2004, 06:53:49 pm »

Sunfire at -29%! I read an article about 5 years ago stating GM lost $1000USD on every Cavalier/Sunfire/Sunbird sold

barrie1 · « **Reply #4 on:** October 25, 2004, 09:56:16 pm »

I don't think they are in Business to loose Money. Yes they may be discounting them by 29% but I suspect their profit margin is a lot higher then that on these cars. The more you build the cheaper it gets. They are still making good profit on them.

saint_satan · « **Reply #5 on:** October 25, 2004, 10:43:02 pm »

If I remember correctly a lot had to do with unbreakable union contracts and similiar overhead. Keep in mind this was before the move to Mexico - the bleeding of red ink was probably an impedous for this move south. I can't imagine they're making much money for cars that are being sold for under $12K with "ring in and win", 2500 litre gas discount, GM credit card points, $1000 grad rebate, etc., 0% financing Not much left here...