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Old 12-04-2018, 12:21 PM   #1
Tremek
 
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$35k + TTL new '18 SS 1LE - why not?

https://www.lenstolerchevrolet.com/V...-MD/3293777843

That's a hefty slash off of MSRP. I have a message into the dealer to figure out what cryptic combination of incentives (employee pricing etc) they're using to get to this price.

Any reason to think this isn't doable?
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Old 12-04-2018, 12:39 PM   #2
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"The new vehicle internet Sale Price includes rebates, incentives and dealer discounts. Price plus freight, tax, tags and a $300 dealer processing fee. Price includes a $2000 dealer discount for utilizing dealer arranged financing.Some vehicles may have additional equipment that will raise the pricing such as lift kits. "

$2k discount for financing through them..
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Old 12-04-2018, 12:44 PM   #3
DaveC113

 
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You'll need a mustang to trade in to get the $2k "conquest" incentive as well.

Dealer financing will be at a MUCH higher apr vs what you can get elsewhere assuming your credit is ok.

Basically, without a Mustang and their financing it'll be $38.5-39.5k + tax and title.
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Old 12-04-2018, 12:55 PM   #4
Dave-ROR

 
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Quote:
Originally Posted by DaveC113 View Post
You'll need a mustang to trade in to get the $2k "conquest" incentive as well.

Dealer financing will be at a MUCH higher apr vs what you can get elsewhere assuming your credit is ok.

Basically, without a Mustang and their financing it'll be $38.5-39.5k + tax and title.
Not really on the financing. I've never had a dealer arranged financing deal that was at a higher rate than I could get elsewhere (and yes, my credit is very good, over 800, extremely low to no DTI, etc).

Now if they forced the manufacturer finance arm on you.. without a current special, yeah, you'd be f'd..
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Old 12-04-2018, 12:59 PM   #5
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Originally Posted by Dave-ROR View Post
Not really on the financing. I've never had a dealer arranged financing deal that was at a higher rate than I could get elsewhere (and yes, my credit is very good, over 800, extremely low to no DTI, etc).

Now if they forced the manufacturer finance arm on you.. without a current special, yeah, you'd be f'd..
Well, I got $1k off for GMAC financing at 6.9% when I can get 3.9% from my bank.

I agreed to keep the financing for 3 payments until I refi.

If they're giving you $2k for financing thru them you can bet there are strings attached. That $2k isn't coming from their generosity.
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Old 12-04-2018, 01:14 PM   #6
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Originally Posted by DaveC113 View Post
Well, I got $1k off for GMAC financing at 6.9% when I can get 3.9% from my bank.

I agreed to keep the financing for 3 payments until I refi.

If they're giving you $2k for financing thru them you can bet there are strings attached. That $2k isn't coming from their generosity.
Well that's why I specified MFR finance arm. There's only one new car I've ever purchased with the MFR's finance arm and that's only because they actually beat PenFed's rate. And that is also the ONLY time a dealer has ever even presented the MFR's financing to me. Dealer arranged != MFR finance necessarily.

They are giving a discount because they are getting money from the financier, so it's really in their best interest to get you the best rate they can and not really care who it comes from.
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HPDE/DD: 2018 Camaro ZL1 1LE || HPDE/DD: 2015 Subaru BRZ ||Tow Vehicle: 2004 GMC Sierra 2500 8.1L || Weekend toy: 1994 MR2 Turbo || The other weekend toy: 1993 MR2 Turbo || Track car: 1998 Integra Type-R || Race car: 1996 Integra GS-R || New race car build: 1992 Honda Civic Hatchback

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Old 12-04-2018, 02:18 PM   #7
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Buy a used beater Mustang from junkyard and trade that in, technically they should take anything in on trade Might be worth the effort to get the conquest incentive.
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Old 12-04-2018, 02:56 PM   #8
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Buy a used beater Mustang from junkyard and trade that in, technically they should take anything in on trade Might be worth the effort to get the conquest incentive.
Nope. Gotta be a new model mustang
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Old 12-04-2018, 02:57 PM   #9
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I got my 18 1LE discounted fr9m the dealer for 37k 2 months ago. No strings or bs attached.
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Old 12-04-2018, 05:27 PM   #10
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Great price, but no PDR
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Old 12-04-2018, 06:31 PM   #11
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Mine started at $36895.00 (2018 1SS 1LE, No PDR). Since I did not own a mustang it went to $38995.00. I financed a few thousand through GM financial to get all the rest of the incentives and will pay it off in a month or two. Yours looks like an even better deal! If you like red, you should jump on it!
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Old 12-04-2018, 07:53 PM   #12
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My local dealer has had a Garnet Red 1SS/1LE since May... Sticker on it $46,020, while current asking price is $37,900.

Although this price includes the "competitive vehicle trade" incentive, I was told that a deal could be struck (for a friend) at or near to that price without that trade. I also was told that the car will drop to $9,000 below sticker if it remains on the lot next month. Lastly I was informed that all the current '19 SS models are being discounted approximately $3,000 - $4,000 because of the controversial front fascia, while the prices will return to sticker once the "emergency refresh" cars hit the lot AND '18 models (should any remain) will see even deeper discounts.

My suggestion is to go on Autotrader.com & find the vehicle you want. Find out how low that dealer is willing to go, get the offer in writing, and go get it or have your local dealer locate one for you at similar savings.
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Old 12-04-2018, 08:11 PM   #13
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Originally Posted by SB1LE View Post
Lastly I was informed that all the current '19 SS models are being discounted approximately $3,000 - $4,000 because of the controversial front fascia, while the prices will return to sticker once the "emergency refresh" cars hit the lot
I wish that was true.
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Old 12-04-2018, 08:28 PM   #14
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I got a quote in writing from them $40.8k+ TTL 2 weeks ago. They play the stupid games listing every incentive and financing at a dumb rate to get advertised prised.
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