New 2011 GS Coupe down payment tomorrow.
03-02-2011, 09:30 PM
#1
Instructor
Thread Starter
New 2011 GS Coupe down payment tomorrow.
I'm going to put my deposit down for the order tomorrow.
2011 GS Coupe
2LT
6 speed Manual
Transparent roof
NPP Dual exhaust
Chrome wheels
Full width spoiler
846 gray two tone seats
MSRP 61980.00
Preferred price 57027.00
Invoice 56300.00
My cost out the door 52027.00
Basically 9953.00 off MSRP and 4273.00 under invoice.
2011 GS Coupe
2LT
6 speed Manual
Transparent roof
NPP Dual exhaust
Chrome wheels
Full width spoiler
846 gray two tone seats
MSRP 61980.00
Preferred price 57027.00
Invoice 56300.00
My cost out the door 52027.00
Basically 9953.00 off MSRP and 4273.00 under invoice.
03-02-2011, 09:46 PM
#4
Tech Contributor
I'm going to put my deposit down for the order tomorrow.
2011 GS Coupe
2LT
6 speed Manual
Transparent roof
NPP Dual exhaust
Chrome wheels
Full width spoiler
846 gray two tone seats
MSRP 61980.00
Preferred price 57027.00
Invoice 56300.00
My cost out the door 52027.00
Basically 9953.00 off MSRP and 4273.00 under invoice.
2011 GS Coupe
2LT
6 speed Manual
Transparent roof
NPP Dual exhaust
Chrome wheels
Full width spoiler
846 gray two tone seats
MSRP 61980.00
Preferred price 57027.00
Invoice 56300.00
My cost out the door 52027.00
Basically 9953.00 off MSRP and 4273.00 under invoice.
What color?
03-02-2011, 09:54 PM
#6
Le Mans Master
Congratulations on your new Vette.
Post some pics once you pick up the Vette.
Post some pics once you pick up the Vette.
03-02-2011, 10:00 PM
#8
Instructor
Member Since: Jan 2011
Location: Nevada
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I don't want to rain on your parade but I don't want you to regret this decision.
Realize that 2 years from now, your car will be worth only 55% of what you are paying for it now. In other words, the car will be worth around $35k, just 2 years from now. If you are financially sound & are OK with taking a $20k bath on the car, then go for it, if not, you better rethink this debt.
How long is the term of the loan?
03-02-2011, 10:18 PM
#11
Instructor
Thread Starter
I'll be doing 35K loan over 5 years @ 1.9% I'm assuming you are telling me any new vette will depreciate like this, not just the combo I am ordering? This car will be paid for a year before I can retire, so I'm not too worried about it. I have 80K worth of motorcycles in my garage that I realistically could sell for about 40K so I guess the vette is on par with those.
Does the "out the door" price include tax?
I don't want to rain on your parade but I don't want you to regret this decision.
Realize that 2 years from now, your car will be worth only 55% of what you are paying for it now. In other words, the car will be worth around $35k, just 2 years from now. If you are financially sound & are OK with taking a $20k bath on the car, then go for it, if not, you better rethink this debt.
How long is the term of the loan?
I don't want to rain on your parade but I don't want you to regret this decision.
Realize that 2 years from now, your car will be worth only 55% of what you are paying for it now. In other words, the car will be worth around $35k, just 2 years from now. If you are financially sound & are OK with taking a $20k bath on the car, then go for it, if not, you better rethink this debt.
How long is the term of the loan?
03-02-2011, 10:22 PM
#12
Race Director
Does the "out the door" price include tax?
I don't want to rain on your parade but I don't want you to regret this decision.
Realize that 2 years from now, your car will be worth only 55% of what you are paying for it now. In other words, the car will be worth around $35k, just 2 years from now. If you are financially sound & are OK with taking a $20k bath on the car, then go for it, if not, you better rethink this debt.
How long is the term of the loan?
I don't want to rain on your parade but I don't want you to regret this decision.
Realize that 2 years from now, your car will be worth only 55% of what you are paying for it now. In other words, the car will be worth around $35k, just 2 years from now. If you are financially sound & are OK with taking a $20k bath on the car, then go for it, if not, you better rethink this debt.
How long is the term of the loan?
03-02-2011, 10:31 PM
#13
Burning Brakes
Does the "out the door" price include tax?
I don't want to rain on your parade but I don't want you to regret this decision.
Realize that 2 years from now, your car will be worth only 55% of what you are paying for it now. In other words, the car will be worth around $35k, just 2 years from now. If you are financially sound & are OK with taking a $20k bath on the car, then go for it, if not, you better rethink this debt.
How long is the term of the loan?
I don't want to rain on your parade but I don't want you to regret this decision.
Realize that 2 years from now, your car will be worth only 55% of what you are paying for it now. In other words, the car will be worth around $35k, just 2 years from now. If you are financially sound & are OK with taking a $20k bath on the car, then go for it, if not, you better rethink this debt.
How long is the term of the loan?
any new car is worth.....nothing as soon as u buy it, thats the price of enjoyment. Enjoy your new car
03-02-2011, 11:18 PM
#15
Instructor
Member Since: Jan 2011
Location: Nevada
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I'll be doing 35K loan over 5 years @ 1.9% I'm assuming you are telling me any new vette will depreciate like this, not just the combo I am ordering? This car will be paid for a year before I can retire, so I'm not too worried about it. I have 80K worth of motorcycles in my garage that I realistically could sell for about 40K so I guess the vette is on par with those.
I have seen a lot of people get into bad situations/debt due to cars like this but everyone is scared to say something to them BEFORE they sign on the line. Buying a car is an emotional experience and sometimes emotions overrides common sound sense. We sometimes need to step back and reexamine big $$$ decisions like this. That is why car dealers want to rush buyers into signing the same day. The dealers know if the buyer goes home to "think about it", they back out of the deal 50% of the time.
Last edited by VetteRulz; 03-02-2011 at 11:25 PM.
03-02-2011, 11:22 PM
#16
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Location: Nevada
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See below:
Now, regarding...
He doesn't have to say anything but why is it "taboo" to tell someone to make sure they are making a sound financial decision? Isn't apathy partly to blame why American's are in debt and bankruptcy up to their eyeballs?
Now, regarding...
He doesn't have to say anything but why is it "taboo" to tell someone to make sure they are making a sound financial decision? Isn't apathy partly to blame why American's are in debt and bankruptcy up to their eyeballs?
03-03-2011, 05:07 AM
#17
Instructor
Thread Starter
I've been looking and shopping since the C6 came out. I like my toys, but am tight with money too. My finances are in order and I won't have any trouble making the payments and will probably pay it off early. I didn't rush this decision and I'm happy with the price. I actually went and looked at a bunch of vettes at the dealer early last Sunday a.m. and I have received zero pressure from any one regarding the purchase. I was most hesitant about what my wife would think. When I brought up the impending purchase last Saturday night she just said " You only go this way once." GREEN LIGHT ! Thanks for your concerns.
Yes, every C6 takes a huge depreciation hit. As long as you are OK financially with it, then congrats and enjoy the car!
I have seen a lot of people get into bad situations/debt due to cars like this but everyone is scared to say something to them BEFORE they sign on the line. Buying a car is an emotional experience and sometimes emotions overrides common sound sense. We sometimes need to step back and reexamine big $$$ decisions like this. That is why car dealers want to rush buyers into signing the same day. The dealers know if the buyer goes home to "think about it", they back out of the deal 50% of the time.
I have seen a lot of people get into bad situations/debt due to cars like this but everyone is scared to say something to them BEFORE they sign on the line. Buying a car is an emotional experience and sometimes emotions overrides common sound sense. We sometimes need to step back and reexamine big $$$ decisions like this. That is why car dealers want to rush buyers into signing the same day. The dealers know if the buyer goes home to "think about it", they back out of the deal 50% of the time.
03-03-2011, 06:47 AM
#18
Safety Car
If that's the case then why are you selling your car : 2008 - 3LT, Z51, NPP - Only 6k miles for $35k ? According to your theory, it should be priced around $28k. Just sayin...
03-03-2011, 08:47 AM
#20
Race Director
Member Since: Feb 2011
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St. Jude Donor '15-'16-'17-‘18-'19-'20-'21-'22-'23-'24
I'll be doing 35K loan over 5 years @ 1.9% I'm assuming you are telling me any new vette will depreciate like this, not just the combo I am ordering? This car will be paid for a year before I can retire, so I'm not too worried about it. I have 80K worth of motorcycles in my garage that I realistically could sell for about 40K so I guess the vette is on par with those.