[GNX231]

anyone no what the new incentives will bring tomorrow?

 

[zog]

anyone no what the new incentives will bring tomorrow?

The employee discount has been extended through july, but the GTO is not included in the program after today. Get em while they're hot.

 

[MuhThugga]

Why isn't the GTO included anymore?

It took $3,000 off the price, which is marginal compared to some of the GM trucks and SUVs that have seen far more substantial rebates.

 

[WRA]

Supply versus demand.

 

[PWR_SHIFT]

Maybe they'll bring back the rebate with the lower GMAC rate instead, that really was the better deal anyway.

 

[b_a_betterperson]

Why isn't the GTO included anymore?

It took $3,000 off the price, which is marginal compared to some of the GM trucks and SUVs that have seen far more substantial rebates.

The trucks and SUVs have gigantic profit margins -- and their sales have tanked due to the price of gas. Dealers had piles of them -- as did GM's holding lots.

No such problem with the GTO. Sales were up to start with -- and far fewer are being brought over this year. And the car is beginning to finally get noticed as a performance bargain at any price.

 

[Tom]

anyone no what the new incentives will bring tomorrow?

GTO went up in price unless you can get a dealer to sell it for less than invoice. if you get it for invoice, i think the price went up about 3%.

 

[Paul]

My dealer still has a black '04 he can't sell. What do dealers end up doing with these cars after they have been sitting on the lot for a year?

 

[b_a_betterperson]

Eventually sell them at a loss. There was a Ford dealer in Half Moon Bay, CA that had a pile of 2003 Cobras last December. Called the owner and asked what he'd do -- and he acted like anything under sticker was the steal of the century. Bought a much better car in the GTO for peanuts a few days later.