C6 Corvette General Discussion General C6 Corvette Discussion not covered in Tech
Sponsored by:
Sponsored by:

GMS pricing = No big deal?

Thread Tools
 
Search this Thread
 
Old 03-08-2012, 11:44 AM
  #1  
Top_Fuel
Melting Slicks
Thread Starter
 
Top_Fuel's Avatar
 
Member Since: Oct 2008
Location: Dayton Ohio
Posts: 2,098
Likes: 0
Received 8 Likes on 5 Posts
Default GMS pricing = No big deal?

This post from December 2009 says GM Employee Pricing is not what it used to be...

Preferred Employee pricing (GMS) is now the same as supplier pricing but with an additional employee discount that varies with the vehicle.
The discount given to employees now is almost worthless as you can do a deal quite easily below GMS without any employee help.
Your dealer giving you a GMS deal is no bargain.
But Boardwalk Chevrolet (a forum dealer who is right at the top of providing competitive C6 pricing) says the following in their ads on the forum...

All GM Employees Take An Additional $3,000 Off Any Of My Sale Prices (must have gms number)
So is GMS pricing on a C6 worthless or not? For what it's worth, I don't see any other forum dealers even mention GMS in their ads.
Old 03-08-2012, 11:49 AM
  #2  
ATC399
Le Mans Master
Support Corvetteforum!
 
ATC399's Avatar
 
Member Since: Nov 2005
Posts: 8,010
Received 768 Likes on 395 Posts

Default

very good question
Old 03-08-2012, 12:05 PM
  #3  
JoesC5
Team Owner
 
JoesC5's Avatar
 
Member Since: Sep 1999
Location: Springfield MO
Posts: 41,733
Received 1,700 Likes on 1,214 Posts

Default

When I purchased my 09 Z06 in July of 2008, GM had a short run campaign running where a real GM employee could give his number to a friend(not a GM employee) to purchase a new GM vehicle. My price was $3,000 under the 'invoice' price of the car.
Old 03-08-2012, 12:10 PM
  #4  
1 slow 97
Melting Slicks
 
1 slow 97's Avatar
 
Member Since: May 2002
Location: Mount Pleasant SC
Posts: 2,887
Received 26 Likes on 25 Posts

Default

I think GMS was huge back when the C6 came out as dealers were not giving the $10,000 to $13,000 off MSRP they are giving now. I remember in 2006 People we are actually selling their GMS numbers because GMS was cheaper than invoice. Paying invoice in 2006 was unheard of. Heck Dealers will still asking $35,000 over for Z06's and getting it in my area.
Old 03-08-2012, 12:27 PM
  #5  
ncvette_1FUNRIDE
Tech Contributor
Support Corvetteforum!
 
ncvette_1FUNRIDE's Avatar
 
Member Since: Sep 2008
Location: Greensboro NC
Posts: 10,999
Received 260 Likes on 221 Posts
2015 C6 of the Year Finalist

Default

GMS was not Employee pricing (in the past). That was Supplier pricing which was higher than Employee pricing.

Now you can just call up a forum dealer (like Tommy Jr @ MacMulkin) and you can get employee pricing without any hassle at all.

That $3000 might be good only for employee's as an additional discount off of the regular employee pricing.
Old 03-08-2012, 02:17 PM
  #6  
Cypher
Burning Brakes
 
Cypher's Avatar
 
Member Since: Aug 2009
Location: Rochester NY
Posts: 982
Likes: 0
Received 1 Like on 1 Post
Default

Originally Posted by ncvette_1FUNRIDE
GMS was not Employee pricing (in the past). That was Supplier pricing which was higher than Employee pricing.
It’s confusing:

Actually Employee Pricing was called GMS and then there was a separate GM Supplier Price (higher).

Now GM just has Preferred Pricing (which is Supplier Pricing) and GM Employees get an additional EVA (Employee Vehicle Allowance, which varies by vehicle) off the Preferred Price.

All that GM pricing can be found at: https://www.gmfamilyfirst.com/ip-vpp/
Old 03-08-2012, 02:33 PM
  #7  
Top_Fuel
Melting Slicks
Thread Starter
 
Top_Fuel's Avatar
 
Member Since: Oct 2008
Location: Dayton Ohio
Posts: 2,098
Likes: 0
Received 8 Likes on 5 Posts
Default

Originally Posted by Cypher
It’s confusing:


Now GM just has Preferred Pricing (which is Supplier Pricing)...
GM Employees get an additional EVA (Employee Vehicle Allowance, which varies by vehicle) off the Preferred Price.
Hmmm...I wonder what the EVA is for C6s right now? Any forum dealers reading this care to chime in?
Old 03-08-2012, 02:42 PM
  #8  
Cypher
Burning Brakes
 
Cypher's Avatar
 
Member Since: Aug 2009
Location: Rochester NY
Posts: 982
Likes: 0
Received 1 Like on 1 Post
Default

Originally Posted by Top_Fuel


Hmmm...I wonder what the EVA is for C6s right now? Any forum dealers reading this care to chime in?
$2500

Go to the “Vehicle Shopping” pull-down menu on the GM site I referenced above and “search dealer inventory” by Zip Code and it will give you the Preferred Price and EVA.
Old 03-08-2012, 02:57 PM
  #9  
Top_Fuel
Melting Slicks
Thread Starter
 
Top_Fuel's Avatar
 
Member Since: Oct 2008
Location: Dayton Ohio
Posts: 2,098
Likes: 0
Received 8 Likes on 5 Posts
Default

Originally Posted by Cypher
Go to the “Vehicle Shopping” pull-down menu on the GM site I referenced above and “search dealer inventory” by Zip Code and it will give you the Preferred Price and EVA.
Man...I never bothered to search inventory...I was doing the "Build Your Own" and never saw that. Thanks for the help!

I wonder how "exclusive" the EVA is? As an example, about every forum dealer is advertising 1LT GS coupes for $10K off. If you walk in with a legit GMS number, I'm ***uming they would knock another $2500 off.
Old 03-08-2012, 03:05 PM
  #10  
Cypher
Burning Brakes
 
Cypher's Avatar
 
Member Since: Aug 2009
Location: Rochester NY
Posts: 982
Likes: 0
Received 1 Like on 1 Post
Default

Originally Posted by Top_Fuel
Man...I never bothered to search inventory...I was doing the "Build Your Own" and never saw that. Thanks for the help!

I wonder how "exclusive" the EVA is? As an example, about every forum dealer is advertising 1LT GS coupes for $10K off. If you walk in with a legit GMS number, I'm ***uming they would knock another $2500 off.


I don’t see why not…the EVA comes out of GM’s pocket, not the dealer's.

However, it’s get complicated when the dealer uses “rebates” in his discount, as Preferred Pricing usually has exclusive rebates for the program which may or may not be available to the general public. And conversely, sometimes rebates available w/o Preferred Pricing are not allowed to be used with Preferred Pricing (also you can’t use GM Card points w/PP). It’s crazy business.
Old 03-08-2012, 03:45 PM
  #11  
0Anthony @ LGMotorsports
Former Vendor
 
Anthony @ LGMotorsports's Avatar
 
Member Since: Aug 2005
Location: Lewisville TX
Posts: 16,898
Received 407 Likes on 301 Posts
St. Jude Donor '03-'04-'05-'06-'07-'08-'09-'10-'11-'12-'13


Default

It gets way confusing if you look at it over the years.

There used to be A plan, B plan, and S plan.

basically employee pricing if you ordered was A, if it was on the lot it was B, and if you were a supplier it was S if you ordered or took it off the lot and all were different % off based off the car and how you got it. At that time if you ordered a new Corvette it was almost 18% off sticker....

Then they changed it to GMA and GMS if I remember right, and it didn't matter if it was on the lot or ordered.

But now, it isn't anything like what it used to be 15 year ago, or even 10 years ago as far as the discount goes.
Old 03-08-2012, 03:51 PM
  #12  
z51vett
Le Mans Master
 
z51vett's Avatar
 
Member Since: Feb 2002
Location: cumming ga
Posts: 5,394
Received 277 Likes on 169 Posts

Default

if you use a GM eva cert you don't get the 3000 in market discount. My friend bought a 2012 500 cheaper than i because of this i gave him a supplier cert. We both bought 2012 corvettes my discount off of Supplier less eva and 1500 was 4000 he actually got 4500 go figure.
z51vett
Old 03-08-2012, 07:50 PM
  #13  
lordofwar
Melting Slicks
 
lordofwar's Avatar
 
Member Since: Nov 2011
Posts: 3,289
Received 546 Likes on 378 Posts

Default

GMS is now call EVA,which stands for Employee Vehicle Allowance current for corvette except ZR1 is $1,500 Plus $2,500.so here is a gs price sticker $69355,preferred price $63619,-eva+bounous cash=$4k,gm emploee price is $59619.about $10 k off the sticker,plus any other dealer or gm incentives.

Get notified of new replies

To GMS pricing = No big deal?




Quick Reply: GMS pricing = No big deal?



All times are GMT -4. The time now is 11:03 PM.