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Old 06-15-2007, 04:17 PM   #1 (permalink)
 
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Looking for a New GTO in the area

I've been reading other posts from people looking to buy a new GTO and they don’t seem to be very helpful. Usually people go off on tangents or start arguments about the deals they got and how other people are getting ripped off. Some are saying not to buy a new GTO for more than 28k with the 0%. Thats insane!

So, I’m looking for a new GTO in the PA, MD, DE area and I can not seem to find a dealer that will drop his price under 30k with 0% financing for 60 months. I’ve gotten close to 30k but it was a struggle. But on top of that I’d have to pay another 6% PA tax and title fees that will add up to another 2k.

Is there anyone in this area that has gotten a decent deal and would be able to hook me up with a good price? Where did you buy and how much did you pay?

Thanks
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Old 06-15-2007, 06:22 PM   #2 (permalink)
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Originally Posted by PSU GTO View Post
I've been reading other posts from people looking to buy a new GTO and they don’t seem to be very helpful. Usually people go off on tangents or start arguments about the deals they got and how other people are getting ripped off. Some are saying not to buy a new GTO for more than 28k with the 0%. Thats insane!

So, I’m looking for a new GTO in the PA, MD, DE area and I can not seem to find a dealer that will drop his price under 30k with 0% financing for 60 months. I’ve gotten close to 30k but it was a struggle. But on top of that I’d have to pay another 6% PA tax and title fees that will add up to another 2k.

Is there anyone in this area that has gotten a decent deal and would be able to hook me up with a good price? Where did you buy and how much did you pay?

Thanks
I hear ya PSU......Try Anchor Pontiac in Maryland. Every time I go past there they have a nice selection. I have not been past in quite sometime but look them up and give them a call.

If dealers are offering 0% for 60 months I would not expect 28K for the car. They will keep the price high and use the 0% as a tool to get you in there. Would you be happier getting a car at 28K and paying 9% interest, or 31K at 0%?

28K plus 6% sales tax = 29,680 x 9% for 60 mos = 616.11
31K plus 6% sales tax = 32,860 x 0% for 60 mos = 547.66

Even at 8% interest you are still over 600 a month.

You can either boast about getting a new GTO for 28K and pay more for it,
Or, you can get one at 31K for 0% and have cheaper monthly payments.

To me the bottom line is the monthly payment.

It's all in how you juggle the numbers.

Any salesman will tell you it's a numbers game.

Incidentally, I have never seen a GTO in PA or Maryland less than 30K. Not to say others didn't haggle then down, but I have never seen it.
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Old 06-15-2007, 06:38 PM   #3 (permalink)
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PSU I just did a search for you from my zip code.....here is what I found. In case you did not find these dealers in your search....may be worth a try. Happy hunting......Anchor showed NO inventory on GTO's.


JACK GIAMBALVO MOTOR CO., INC.
1390 EDEN ROAD
YORK, PA 17402
[ Map ] [ Driving Directions ]
2006 GTO Coupe 2 Door Notchback
$33,290.00*

Exterior: Cyclone Grey Metallic
Interior: Black Leather Seating

VIN: 6G2VX12U76L550446
Window Sticker
2006 GTO Coupe 2 Door Notchback
$33,290.00*

Exterior: Quicksilver Metallic
Interior: Red Leather Seating

VIN: 6G2VX12U96L810992
Window Sticker

A.W.GOLDEN PONTIAC
2526 CENTRE AVE
READING, PA 19605
[ Map ] [ Driving Directions ]
2006 GTO Coupe 2 Door Notchback
$32,685.00*

Exterior: Torrid Red
Interior: Black Leather Seating

VIN: 6G2VX12U96L519456
Window Sticker
2006 GTO Coupe 2 Door Notchback
$32,685.00*

Exterior: Spice Red Metallic
Interior: Black Leather Seating

VIN: 6G2VX12U96L818669
Window Sticker
2006 GTO Coupe 2 Door Notchback
$33,180.00*

Exterior: Torrid Red
Interior: Black Leather Seating

VIN: 6G2VX12UX6L825226
Window Sticker

FREYSINGER PONTIAC GMC BUICK, INC.
6251 CARLISLE PIKE
MECHANICSBURG, PA 17050
[ Map ] [ Driving Directions ]
2006 GTO Coupe 2 Door Notchback
$32,685.00*

Exterior: Phantom Black Metallic
Interior: Red Leather Seating

VIN: 6G2VX12U16L822067
Window Sticker

KUTZTOWN AUTO SALES
14165 KUTZTOWN RD
FLEETWOOD, PA 19522
[ Map ] [ Driving Directions ]
2006 GTO Coupe 2 Door Notchback
$33,785.00*

Exterior: Spice Red Metallic
Interior: Black Leather Seating

VIN: 6G2VX12UX6L835271
Window Sticker

NUCAR MOTORS, INC.
250 E CLEVELAND AVE
NEWARK, DE 19711
[ Map ] [ Driving Directions ]
2006 GTO Coupe 2 Door Notchback
$33,290.00*

Exterior: Quicksilver Metallic
Interior: Black Leather Seating

VIN: 6G2VX12U26L566473
Window Sticker
2006 GTO Coupe 2 Door Notchback
$33,290.00*

Exterior: Spice Red Metallic
Interior: Black Leather Seating

VIN: 6G2VX12U46L565955
Window Sticker
2006 GTO Coupe 2 Door Notchback
$33,290.00*

Exterior: Torrid Red
Interior: Red Leather Seating

VIN: 6G2VX12U96L833091
Window Sticker

UNION PARK PONTIAC & GMC TRUCK
1704 PENNSYLVANIA AVE
WILMINGTON, DE 19805
[ Map ] [ Driving Directions ]
2006 GTO Coupe 2 Door Notchback
$32,685.00*

Exterior: Quicksilver Metallic
Interior: Black Leather Seating

VIN: 6G2VX12U16L548319
Window Sticker
2006 GTO Coupe 2 Door Notchback
$33,290.00*

Exterior: Cyclone Grey Metallic
Interior: Black Leather Seating

VIN: 6G2VX12U36L822071
Window Sticker

GRANITE RUN PONTIAC-BUICK-GMC, INC.
1056 E BALTIMORE PIKE
MEDIA, PA 19063
[ Map ] [ Driving Directions ]
2006 GTO Coupe 2 Door Notchback
$33,290.00*

Exterior: Cyclone Grey Metallic
Interior: Black Leather Seating

VIN: 6G2VX12U06L832413
Window Sticker

FRANKEL CADILLAC PONTIAC-GMC
11227 REISTERSTOWN RD
OWINGS MILLS, MD 21117
[ Map ] [ Driving Directions ]
2006 GTO Coupe 2 Door Notchback
$33,290.00*

Exterior: Torrid Red
Interior: Red Leather Seating

VIN: 6G2VX12U86L545062
Window Sticker

LOUGHEAD PONTIAC GMC
840 BALTIMORE PIKE
SPRINGFIELD, PA 19064
[ Map ] [ Driving Directions ]
2006 GTO Coupe 2 Door Notchback
$33,785.00*

Exterior: Cyclone Grey Metallic
Interior: Black Leather Seating

VIN: 6G2VX12U36L815363
Window Sticker

LANKFORD BUICK-PONTIAC-GMC, INC.
301 ALAN WOOD RD
CONSHOHOCKEN, PA 19428
[ Map ] [ Driving Directions ]
2006 GTO Coupe 2 Door Notchback
$33,290.00*

Exterior: Torrid Red
Interior: Red Leather Seating

VIN: 6G2VX12U96L831714
Window Sticker
2006 GTO Coupe 2 Door Notchback
$33,290.00*

Exterior: Torrid Red
Interior: Black Leather Seating

VIN: 6G2VX12U46L541574
Window Sticker

J.L. FREED & SONS, INC.
2001 NORTH BROAD ST
LANSDALE, PA 19446
[ Map ] [ Driving Directions ]
2006 GTO Coupe 2 Door Notchback
$33,290.00*

Exterior: Quicksilver Metallic
Interior: Black Leather Seating

VIN: 6G2VX12U26L516933
Window Sticker

WILKINS BUICK-PONTIAC-GMC
6913 RITCHIE HWY
GLEN BURNIE, MD 21061
[ Map ] [ Driving Directions ]
2006 GTO Coupe 2 Door Notchback
$33,290.00*

Exterior: Torrid Red
Interior: Red Leather Seating

VIN: 6G2VX12U56L547173
Window Sticker
2006 GTO Coupe 2 Door Notchback
$32,685.00*

Exterior: Quicksilver Metallic
Interior: Black Leather Seating

VIN: 6G2VX12UX6L815375
Window Sticker
2006 GTO Coupe 2 Door Notchback
$32,685.00*

Exterior: Brazen Orange Metallic
Interior: Black Leather Seating

VIN: 6G2VX12U36L822698
Window Sticker
2006 GTO Coupe 2 Door Notchback
$33,290.00*

Exterior: Brazen Orange Metallic
Interior: Black Leather Seating

VIN: 6G2VX12U76L834191
Window Sticker

STAR PONTIAC BUICK GMC
260 COUNTRY CLUB RD
EASTON, PA 18045
[ Map ] [ Driving Directions ]
2006 GTO Coupe 2 Door Notchback
$33,290.00*

Exterior: Torrid Red
Interior: Red Leather Seating

VIN: 6G2VX12UX6L551042
Window Sticker
2006 GTO Coupe 2 Door Notchback
$33,180.00*

Exterior: Brazen Orange Metallic
Interior: Black Leather Seating

VIN: 6G2VX12U46L823620
Window Sticker
2006 GTO Coupe 2 Door Notchback
$32,685.00*

Exterior: Phantom Black Metallic
Interior: Red Leather Seating

VIN: 6G2VX12U26L821932
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Old 06-15-2007, 07:12 PM   #4 (permalink)
 
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Thanks, I did the search and found a bunch in the area but not many are willing to negotiate. I did talk to Golden and they have 3 and also called the one in Easton and they have 8. The sales manager in Easton said they had 30 on the lot 2 weeks ago and now they are down to 8. I think this is a load of BS!

What does everyone think the prices will be when July 4th sales roll around?
Should I wait around and see or just jump on the one for 30k and get the 0%?... that extra 2k in tax and title fees will suck.

I see you’re in Lancaster, i’m just down 896 a ways. So, is your GTO a daily driver?
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Old 06-15-2007, 08:15 PM   #5 (permalink)
 
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PSU,
Try to negotiate faceless online so they give you an honest starting price that includes all taxes and fees you would see at signing. Specifically ask them to quote this way in your request. Most throw you a lump price with the rebate included and no mention of fees or taxes. Problem, rebates come off after the tax and fees are applied, so you'll never hit that number. Many respond with no price and stupid questions or come on down and lets talk about it. Steer clear of those idiots. When you have solid prices in hand, test drive the cars your interested in and scope out the dealership. Don't hesitate to use one dealers quote against another and that is why I do it in writing via the web. I had a few lower their price in sending a 2nd or even 3rd quote after I drove and walked away.

In April I went out via GM's web site to 8 dealers requesting quotes. The 2 dealers in MD with the lowest price were Bohn in Westminister and Walker in Bowie. Walker had beaten Bohn by $300 but they sold the car I wanted the day before I was ready to sign. Bohn was closer to my house and I've had positive history in past dealings with them so I wasn't too tripped up by giving them the nod. Actually, happy in the way it turned out. Bohn didn't have my car on the lot and hustled one up from PA. MSRP was $33,180 (6m & 18's). Price I got was $31,100 add tax and fees I was at $33,000. Aprils rebates were a little better (no 0%)so it reduced the cost at signing by $3250 to $29,750 and then I had a GM card rebate with bonus ($1202) to lower the signing cost to $28,548 on the road. An obscure rebate not advertised by GM was the "Conquest Rebate" for people who own non-GM cars or trucks. Look into if its still available if you own anything but a GM product. My son having the same name and owning a Mazda 3 worked for me. Last year I used my 1970's laid up limey ragtop's title to get that rebate on a Torrent for the wife. Then I used my GM card for a 5k down payment on the GTO so I got 5% of that toward my next GM purchase and financed the balance for 2 weeks. I paid it off completely with a small portion of a lump sum retirement check I got 2 weeks after the purchase. My goat was a present to myself for bustin a$$ for the last 29 years. Not the lowest deal I've seen on post's, but put a smile on my mug every time I fire the beast up and go for a ride.

So, in our area a good deal is getting about $2~2.5k off the sticker (always try for more), add tax and fees, subtract rebate (currently $3000 or the 0%). Your looking at approximately $33,080 financed amount with nothing down on what my car's MSRP was with 0% interest. Factor the interest I would have paid over 60 months ($5625) into my signing cost of $28,548 for a total of $34,173 and your ahead of my lower price, higher rebate deal by $1100. Your looking at approximately $30,080 financed amount with nothing down on what my car's MSRP was with an 8% interest loan if you go the rebate route. Factor the interest same as I would have paid over 60 months ($5625) into your signing cost of $30,080 for a total of $35,705 and your way ahead if you take the 0% deal.

Hope the above helps.

Red Beard
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Old 06-15-2007, 08:20 PM   #6 (permalink)
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Originally Posted by PSU GTO View Post
Thanks, I did the search and found a bunch in the area but not many are willing to negotiate. I did talk to Golden and they have 3 and also called the one in Easton and they have 8. The sales manager in Easton said they had 30 on the lot 2 weeks ago and now they are down to 8. I think this is a load of BS!

What does everyone think the prices will be when July 4th sales roll around?
Should I wait around and see or just jump on the one for 30k and get the 0%?... that extra 2k in tax and title fees will suck.

I see you’re in Lancaster, i’m just down 896 a ways. So, is your GTO a daily driver?
It's a daily driver depending on the weather.
It sees no rain unless I get caught out in it. It has not and will not see snow, ice, and salt. I will drive it in the winter if its dry out.

As far as you waiting or jumping... With 0% I would expect inventories will dwindle. You have to weigh whether the reduced price for the car with an interest rate attached to it costs more than one that has no interest. You may be holding out for a deal you may not be able to find. Then when you decide you will go for it you may not find one or one that suits you. How long will the 0% financing last?

I find it hard to believe any dealer had 30 of them on their lot. Then to sell 22 of them all at once? hmmmmm sounds like a scare tactic to get you in there. IMO....play the game, pick a dealer out with a car they have and tell one of the dealers you deal with that another dealer bested the current deal you got, or tell them you are at 29.5 with 0%. Bluff if you have to. A good line of BS will work, it depends on how well you deliver it.
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Old 06-15-2007, 08:50 PM   #7 (permalink)
 
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What does everyone think the prices will be when July 4th sales roll around?
Should I wait around and see or just jump on the one for 30k and get the 0%?... that extra 2k in tax and title fees will suck.
The best deal your going to find will be on a low milage used 05 or 06 GTO in the 23 to 25k range.
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Old 06-15-2007, 10:51 PM   #8 (permalink)
 
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I’d be hard pressed to find a 06 in the color I want used for even 25k, I’ve looked. Plus there are benefits to buying new.

So, isn’t it just as good of a deal if I buy one new with the 0% and gain some, about 5% or more, interest on the money I keep in my pocket while I pay it off. In the course of 60 months I would make about $4500. So it would be as if I had originally purchased the car for 25.5k, assuming I keep the car for 5 years.

Am I thinking about this wrong?

Also, what’s with the conquest rebate? Do I have to have a vehicle other than GM titled in my name or can it be within the family? (All my vehicles, Dodge, Mazda, and Suzuki, are titled under my fathers name for insurance reasons)
Thanks
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Old 06-15-2007, 11:12 PM   #9 (permalink)
 
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I've been reading other posts from people looking to buy a new GTO and they don’t seem to be very helpful. Usually people go off on tangents or start arguments about the deals they got and how other people are getting ripped off. Some are saying not to buy a new GTO for more than 28k with the 0%. Thats insane!

So, I’m looking for a new GTO in the PA, MD, DE area and I can not seem to find a dealer that will drop his price under 30k with 0% financing for 60 months. I’ve gotten close to 30k but it was a struggle. But on top of that I’d have to pay another 6% PA tax and title fees that will add up to another 2k.

Is there anyone in this area that has gotten a decent deal and would be able to hook me up with a good price? Where did you buy and how much did you pay?

Thanks
I bought mine from a dealer in the Newark, NY area. It was an '05 and I got it for $27K new. They drove it down to Harrisburg, PA to meet me. (I live in VA) Of course, I also bought it in January '06 when they were frozen up there, and GTO's were not moving at all.
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Old 06-15-2007, 11:25 PM   #10 (permalink)
 
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I bought mine from a dealer in the Newark, NY area. It was an '05 and I got it for $27K new. They drove it down to Harrisburg, PA to meet me. (I live in VA) Of course, I also bought it in January '06 when they were frozen up there, and GTO's were not moving at all.
Was that out the door? before tax? with 0% financing?
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