GM Volt Forum banner

1 - 8 of 8 Posts

·
Registered
Joined
·
137 Posts
Discussion Starter #1
Hello: Here are my purchase numbers for my 2016 Chevrolet Volt!

2016 Volt Premier Standard Price $37,520 Total Vehicle Price: $46,902.00 with extras including Sales tax

Extras: Driver Confidence 2 package $495.00
My Link Radio with Nav $495.00
Kinetic Blue Metallic $395.00
Interior Protection Package $200.00
Cargo Net $60.00
Destination Charge $825.00
N.J. Sales Tax $2916.41
N.J. Registration $387.70
N.J. Document Fee $299.00
Service Contract $1371.00
Tire and Wheel Warranty $499.00
Finance Charge @2.92% $1678.79
Dealer rebate -$1500.00

$22000.00 Down Payment $390.04 for 60 months. Amount finance $21,723.61 @ 2.92%

I plan on keeping my vehicle for 5 years so i bought the service contract. After paying for 3 tires for my sons car this year I bought the "tire warranty".

I will apply for the $7500.00 rebate on my 2015 Tax return.
 

·
Registered
Joined
·
34 Posts
What % discount did you get from sticker? Is paying invoice considered a good deal since dealer should get holdback? Not really sure what's average yet for the average early 2017 buyer.
 

·
Registered
Joined
·
1,181 Posts
So, you did a 5yr lease? Never seen one of those before, what was the residual value? Looks to be around 44%.
 

·
Registered
Joined
·
3,468 Posts
Congrats!

What % discount did you get from sticker? Is paying invoice considered a good deal since dealer should get holdback? Not really sure what's average yet for the average early 2017 buyer.
"good deal" is very subjective...There are dealers here in Cali who will sell you a car for under invoice but you'll need to either ship it or drive it home...Since the MY17 is nationwide, I'd imagine a lot of dealers would not first sell them near invoice until they have some inventory sitting around...The quick and easy way to buy a car is to contact email your 10 closest dealer telling them the exactly what you want and letting them "bid" for your business...

Paying under invoice is only one part of the total sale...You can still get screwed on your trade-in or interest rate...Additionally, they are often mandatory fees/services such as every car has $300 VIN etching (you can do it yourself for $10) or BS delivery or prep fees...There's no end to their creativity, went to a Ford dealer in GA in the late 2000s during a drought they tried to add "recycled water wash fee"
 
1 - 8 of 8 Posts
Top