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Loyalty $3k Rebate

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Old 01-03-2018, 10:03 AM
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My12thVette
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Default Loyalty $3k Rebate

Did this $3000 loyalty rebate expire? If not does anyone know how long it will be around?
Thanks
Old 01-03-2018, 10:06 AM
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hit&run
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I was just about to ask this question. I still see it on some dealers sites, but it is also gone from some others that I have been following. Maybe a big dealer will chime in. What about the Hurricane rebate?
Old 01-03-2018, 10:08 AM
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TEXHAWK0
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The answer on rebates is always that no one, not even the dealers, know from one month to the next if rebates will still be in effect.
Old 01-03-2018, 10:22 AM
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Matt@VanBortelChevy
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Unfortunately the rebate is no longer available for this month. The rebates got worse from last month. No more employee pricing for all on 17s and no Chevy loyalty. There is a $2017 bonus cash on all 2017s until 1/15. Dealers can still choose to allocate flex cash money on 17s and 18s. Otherwise, nothing else on 17s or 18s.
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Old 01-03-2018, 10:34 AM
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Billy346
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Originally Posted by Matt@VanBortelChevy
Unfortunately the rebate is no longer available for this month. The rebates got worse from last month. No more employee pricing for all on 17s and no Chevy loyalty. There is a $2017 bonus cash on all 2017s until 1/15. Dealers can still choose to allocate flex cash money on 17s and 18s. Otherwise, nothing else on 17s or 18s.
Wow. I'll bet that's just as disappointing for the dealers as it is for people wanting to buy. Especially with it being a winter with exceptionally cold weather!
Old 01-03-2018, 10:46 AM
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PobreWey
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Originally Posted by Billy346
Wow. I'll bet that's just as disappointing for the dealers as it is for people wanting to buy. Especially with it being a winter with exceptionally cold weather!
Guarantee you'll find a dealer that gives you the discount by working out numbers some how some way. Lots of mark up
Old 01-03-2018, 11:08 AM
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Originally Posted by PobreWey
Guarantee you'll find a dealer that gives you the discount by working out numbers some how some way. Lots of mark up
Employee pricing incentive was 10.5% and 3k loyalty, that’s a pretty good chunk of money which no dealer would offer on their own!
Old 01-03-2018, 11:14 AM
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curve65
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Originally Posted by Matt@VanBortelChevy
Unfortunately the rebate is no longer available for this month. The rebates got worse from last month. No more employee pricing for all on 17s and no Chevy loyalty. There is a $2017 bonus cash on all 2017s until 1/15. Dealers can still choose to allocate flex cash money on 17s and 18s. Otherwise, nothing else on 17s or 18s.
Hey, thanks for letting us know.
Old 01-03-2018, 11:27 AM
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Originally Posted by PobreWey
Guarantee you'll find a dealer that gives you the discount by working out numbers some how some way. Lots of mark up
If you dig enough, I'm sure you can find one. The difference is that GM's incentives take GM's money, but the dealer's discounts cut come out of the dealer's pocket. Unless they're really desperate to unload the car, I'll bet they'll just wait to see what GM does next or hold out until spring.
Old 01-03-2018, 11:31 AM
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Mark Trotochaud
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December 2017 sales disappointing, sold 2278 cars vs Dec 2016 2709 sold, a 15.9% drop and vs Nov 2017 sales of 2565, an 11% decline. .
So GM gives worse rebates/incentives in January 2018.
Makes perfect sense...
Old 01-03-2018, 11:44 AM
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Mrvettt
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Thanks for the update. I had been checking a silver GS weekly on VanBortels web site. Due to the lousy weather lately and the holidays I didn't set up a deal, I figured I'd wait. I guess I waited a little too long. I'm sure they have a lot of snow up there also.

Rick
Old 01-03-2018, 11:48 AM
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PobreWey
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Originally Posted by flying_vette
Employee pricing incentive was 10.5% and 3k loyalty, that’s a pretty good chunk of money which no dealer would offer on their own!
Which really means absolutely squat as in the end the final price of the car is what matters which will work out to the exact same price in the end as anyone who got the deal if you're a good negotiator. The math in the end can work out the same regardless of the name of the promo. I am the most annoying person a car salesmen can talk to and it's pretty easy to get deals if you are patient

Last edited by PobreWey; 01-03-2018 at 11:49 AM.
Old 01-03-2018, 11:57 AM
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I looked for months last year and got the best deal in February. With the cold weather continuing and tons of 2017-2018's out there, you will find deals.
Old 01-03-2018, 01:30 PM
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Originally Posted by PobreWey
Which really means absolutely squat as in the end the final price of the car is what matters which will work out to the exact same price in the end as anyone who got the deal if you're a good negotiator. The math in the end can work out the same regardless of the name of the promo. I am the most annoying person a car salesmen can talk to and it's pretty easy to get deals if you are patient
It really means you know absolutely squat about how discounting works! The 20%+ discounts had that substantial chunk of GM money that dealers were simply passing on to the buyers, they certainly won't do that out their own pockets for every car on the lot.
Old 01-03-2018, 01:38 PM
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^

That's right. When I worked with a major forum dealer on an order a month ago, I was offered a fair discount off MSRP, plus whatever offers may be in place on date of delivery, which will be sometime in February. Thus, I don't know at this point what the final deal will be.

Things like the "loyalty discount" can make the deal much sweeter than you can negotiate without.
Old 01-03-2018, 01:41 PM
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Old 01-03-2018, 01:42 PM
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thill444
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Originally Posted by flying_vette
It really means you know absolutely squat about how discounting works! The 20%+ discounts had that substantial chunk of GM money that dealers were simply passing on to the buyers, they certainly won't do that out their own pockets for every car on the lot.
There are other incentives available to dealers that we don't know about, and you also just have the incentive by the dealer to get the car off the lot. If a car has been sitting 200+ days dealers can be pretty motivated, especially at end of month/end of quarter, etc.

I had a dealer tell me they would not go below 20% on a leftover 2016 last year (Jan). Two weeks later (end of Jan) they offered 25% off.

I think they realized it was Jan and New England and not many more buyers would be knocking on the door.

I recommend sites like Car Gurus which tell you how long a car has been on the lot. Cars that have been sitting for 100, 200, or even 300+ days will likely have a different motivation by the dealer vs a car that has been there for less than a few weeks.

Last edited by thill444; 01-03-2018 at 01:42 PM.

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Old 01-03-2018, 01:53 PM
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PobreWey
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Originally Posted by flying_vette
It really means you know absolutely squat about how discounting works! The 20%+ discounts had that substantial chunk of GM money that dealers were simply passing on to the buyers, they certainly won't do that out their own pockets for every car on the lot.
Really... would love to see the final sale price of a Vette purchased on this amazing 3k off rebate that I couldn't get a dealer to match.
Old 01-03-2018, 02:25 PM
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Originally Posted by thill444

I recommend sites like Car Gurus which tell you how long a car has been on the lot. Cars that have been sitting for 100, 200, or even 300+ days will likely have a different motivation by the dealer vs a car that has been there for less than a few weeks.
I would gladly pay a couple thousand more to get a factory fresh car as opposed to a car that has sat on a lot for 300 days or more! The paint will most likely be in rough shape and need a lot of attention with a bufffer, plus I don't like the idea that the engine was probably started and shut down cold a few dozen times. I have had great luck with cars that I have factory ordered and terrible luck with the one new car I bought that was on the dealers lot for over a year (the starter on that car died a week after I got it!)
Old 01-03-2018, 02:35 PM
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MacMulkin
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Originally Posted by Patman
I would gladly pay a couple thousand more to get a factory fresh car as opposed to a car that has sat on a lot for 300 days or more! The paint will most likely be in rough shape and need a lot of attention with a bufffer, plus I don't like the idea that the engine was probably started and shut down cold a few dozen times. I have had great luck with cars that I have factory ordered and terrible luck with the one new car I bought that was on the dealers lot for over a year (the starter on that car died a week after I got it!)
We store all of our Corvettes indoors. NEVER OUTSIDE!


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