Penske Chevrolet of Cerritos Dealer Mark-Up

TripleB · 12-29-2015, 12:39 PM

Penske Chevrolet in Cerritos, CA has several 2016 V6 and V8 Camaros on the lot, but they've got a $3k dealer added mark-up on the V6. No window stickers on the SS's. I think they just got them in. I just wanted to give people a heads up if they were thinking of going there. I don't know if they'd take that mark-up off or work on the price at all (give supplier discount) or not because I'm not ready to buy and didn't go down that road with them.

Probably not that big of a deal since other dealers have the mark-up I'm sure, but with the 5th Gen we used to post up the dealers that did so buyers could be aware.

Camarofanboy13 · 12-29-2015, 01:14 PM

I looked up on true car and got a call from them.. A $45500 camaro 2016 was priced at 43000-44000 and they called me to try and sell me the car for that price.

TripleB · 12-29-2015, 01:29 PM

Well that's good news. Must just be for the people who walk in and don't ask or know any better then.

SSport16 · 12-29-2015, 01:34 PM

I know GM frowns upon mark ups, but who knows if they will do anything to these dealers or not.

Glen e · 12-29-2015, 01:46 PM

They wont, dealers can determine the price. Itll be gone soon, this is a volume car. Im sure theyll drop it at the first real buyer that asks. Just "car lot" pricing...but ill also bet a few will gladly pay it! Lots of people with stupid money out there.

SSport16 · 12-29-2015, 01:50 PM

Quote:

Originally Posted by Glen e

They wont, dealers can determine the price. Itll be gone soon, this is a volume car. Im sure theyll drop it at the first real buyer that asks. Just "car lot" pricing...but ill also bet a few will gladly pay it! Lots of people with stupid money out there.

There are a lot of suckers out there! Plenty of dealers that will not do this type of garbage.

TripleB · 12-29-2015, 01:57 PM

Yup, and that's why they do it and get away with it. People will pay it.

NITRA10 · 12-29-2015, 02:31 PM

Hilarious.... In 2 months this car will saturate the market.

**** that dealer.

Tr6 · 12-29-2015, 02:40 PM

Find out who their Chevy regional manager is and let them know about it.

daytonagary · 12-29-2015, 06:01 PM

Quote:

Originally Posted by NITRA10

Hilarious.... In 2 months this car will saturate the market.

**** that dealer.

I AGREE !!! that is one of the reasons I will wait until first of March to order my car. Waited until first of April when I bought my C7 Corvette after its release in the fall when local dealer wanted $10,000 over msrp. Bought it for $4000 under MSRP and paid no dealer fee or any other extras. Named the price I wanted to pay then added the tax and the small title fee the state charges. that is it. And dealer allocations aren't limited to the extent the Corvette is so availability is pretty much unlimited from any dealer in the country.

JacekPSUr1 · 12-30-2015, 09:11 AM

^ That's a great deal you got on your Vette! Which dealer did you deal with? Sometimes cash talks, so I'm guessing if your dealer was short on funds, they'll give you a good deal vs. financing - which most often than not, that's where they make most of their money as they get kickbacks from the banks, etc.

1968ss350 · 01-04-2016, 01:07 AM

I don't understand why you're so upset with this dealer. They are trying to maximize their profit on a hot item. This car hadn't saturated the market yet. I haven't even seen one on the road. Anyway good luck with truecar. They're going away soon anyway LOL. Buying a 2016 camaro for $3k over msrp is exactly like going to a baseball game and buying a $12 Budweiser. You can buy a 12 pack at stater brothers for $11.99 but the ball park charges that because they can and every fan gladly buys a few beers each game. This is how our capitalistic society works my friend

Ant_ss · 01-04-2016, 03:25 AM

Just purchased mine for invoice from Penske this past weekend..... I bought the silver one, they had it at 33,xxx I got it for 30,xxx.....

Ant_ss · 01-04-2016, 03:36 AM

http://www.camaro6.com/forums/showthread.php?t=435115

Price is always negotiable you just have to be aggressive. I told 2 different salesman I wanted someone else to their face, and kept sending the 3rd back in to speak with the manager. Finally the manager comes out and knocks over 3,xxx off the price. So I paid only what the cars blue book value is. My favorite line to use when they don't want to lower price is ask them what other dealers are in the area and ask them for that dealers address and say your going there. Works every time.

12-29-2015, 12:39 PM	#1
TripleB SoCal Mayhem Drives: 2017 2LT Hyper Blue Metallic Camaro Join Date: May 2009 Location: Lakewood, California Posts: 5,918 View My Garage	Penske Chevrolet of Cerritos Dealer Mark-Up Penske Chevrolet in Cerritos, CA has several 2016 V6 and V8 Camaros on the lot, but they've got a $3k dealer added mark-up on the V6. No window stickers on the SS's. I think they just got them in. I just wanted to give people a heads up if they were thinking of going there. I don't know if they'd take that mark-up off or work on the price at all (give supplier discount) or not because I'm not ready to buy and didn't go down that road with them. Probably not that big of a deal since other dealers have the mark-up I'm sure, but with the 5th Gen we used to post up the dealers that did so buyers could be aware. __________________

12-29-2015, 01:29 PM	#3
TripleB SoCal Mayhem Drives: 2017 2LT Hyper Blue Metallic Camaro Join Date: May 2009 Location: Lakewood, California Posts: 5,918 View My Garage	Well that's good news. Must just be for the people who walk in and don't ask or know any better then. __________________

12-29-2015, 01:34 PM	#4
SSport16 Drives: 2016 Garnet Red Camaro 2SS Join Date: Jul 2015 Location: North Carolina Posts: 5,435	I know GM frowns upon mark ups, but who knows if they will do anything to these dealers or not. __________________ 2SS Camaro, Garnet Red, Adrenaline Red, NPP, MRC, A8, 5 Split Spoke Bright Silver Wheels (56W) 1100 Status - 7/24/15 (Ordered) 3800 Status - 10/13/15 (Built) 6000 Status - 12/22/15 (Delivered)

12-29-2015, 01:46 PM	#5
Glen e Retired from Car mfrs.... Drives: 2LT RS/HR-V Join Date: May 2013 Location: /Fort Lauderdale Posts: 10,048	They wont, dealers can determine the price. Itll be gone soon, this is a volume car. Im sure theyll drop it at the first real buyer that asks. Just "car lot" pricing...but ill also bet a few will gladly pay it! Lots of people with stupid money out there. __________________ Glen CLICK HERE for detailing a new car: detailing for non detailers CLICK HERE for how to rinseless CLICK HERE for EASY wheel sealant

12-29-2015, 01:57 PM	#7
TripleB SoCal Mayhem Drives: 2017 2LT Hyper Blue Metallic Camaro Join Date: May 2009 Location: Lakewood, California Posts: 5,918 View My Garage	Yup, and that's why they do it and get away with it. People will pay it. __________________

12-29-2015, 01:14 PM	#2
Camarofanboy13 Drives: 2016 camaro Join Date: Dec 2015 Location: LA Posts: 75	I looked up on true car and got a call from them.. A $45500 camaro 2016 was priced at 43000-44000 and they called me to try and sell me the car for that price.

12-29-2015, 02:31 PM	#8
NITRA10 Drives: 16 Camaro SS Join Date: Nov 2015 Location: 818 Posts: 413	Hilarious.... In 2 months this car will saturate the market. **** that dealer.

12-29-2015, 02:40 PM	#9
Tr6 The Dogfather Drives: #1 off the line for a customer. '16 Join Date: Oct 2015 Location: Andover, KS Posts: 2,621	Find out who their Chevy regional manager is and let them know about it. __________________ 2SS, Garnet Red with Adrenalin red, NPP, MRC M6 coupe #33 off the line #1 order for Customer. Build thread HERE! Story of my delivery HERE!

12-30-2015, 09:11 AM	#11
JacekPSUr1 2013 1SS in IOM Drives: 2013 1SS Join Date: May 2012 Location: Lansdale, PA Posts: 641 View My Garage	^ That's a great deal you got on your Vette! Which dealer did you deal with? Sometimes cash talks, so I'm guessing if your dealer was short on funds, they'll give you a good deal vs. financing - which most often than not, that's where they make most of their money as they get kickbacks from the banks, etc. __________________

01-04-2016, 01:07 AM	#12
1968ss350 Drives: 1968 Camaro SS 350 Join Date: Nov 2015 Location: Long Beach, CA Posts: 243	I don't understand why you're so upset with this dealer. They are trying to maximize their profit on a hot item. This car hadn't saturated the market yet. I haven't even seen one on the road. Anyway good luck with truecar. They're going away soon anyway LOL. Buying a 2016 camaro for $3k over msrp is exactly like going to a baseball game and buying a $12 Budweiser. You can buy a 12 pack at stater brothers for $11.99 but the ball park charges that because they can and every fan gladly buys a few beers each game. This is how our capitalistic society works my friend __________________ 1968 Camaro SS 350 Lemans Blue -350 10.4:1 comp, Edelbrock Etec 200 heads, Comp XR288HR cam,AED750dp worked, Tremec TKO 600, console gauges w/tic toc tach, Moser 12 bolt, 4 wheel Willwoods Hyper Blue 2SS/6 speed, NPP, MRC, Nav, 5LQ 6 piston brakes, Black split spoke, Magnuson 2300 Heartbeat Supercharger, Flowtie upper grill

01-04-2016, 03:25 AM	#13
Ant_ss Drives: 14 1SS RS Black (rental) Join Date: Nov 2014 Location: Los Angeles, CA Posts: 87	Just purchased mine for invoice from Penske this past weekend..... I bought the silver one, they had it at 33,xxx I got it for 30,xxx.....

01-04-2016, 03:36 AM	#14
Ant_ss Drives: 14 1SS RS Black (rental) Join Date: Nov 2014 Location: Los Angeles, CA Posts: 87	http://www.camaro6.com/forums/showthread.php?t=435115 Price is always negotiable you just have to be aggressive. I told 2 different salesman I wanted someone else to their face, and kept sending the 3rd back in to speak with the manager. Finally the manager comes out and knocks over 3,xxx off the price. So I paid only what the cars blue book value is. My favorite line to use when they don't want to lower price is ask them what other dealers are in the area and ask them for that dealers address and say your going there. Works every time.

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