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Re: depreciation on GT [rk2469]
by whoosierdaddy on Wed Sep 09 09:42:56 PDT 2009
I believe these percentages are off of MSRP, not including rebates & discount, although that can make a huge difference. What matters to the buyer is what the car is worth down the road vs. actual purchase price. You can spend all day running different numbers, but here's a brief example using my notes from when I purchased my G8, and current trade values from KBB (what the dealers use--sorry Edmunds). For all 3 cars, selling price new on March 6, 2009 (excluding tax and tags), now 15K miles and exc. condition: A 2008 Pontiac G8-base selling price $19,500, current trade-in $18,850. A 2009 Pontiac G6 GT selling price $20,200, current trade-in $13,375. A 2008 Pontiac Grand Prix GT selling price $20,500, current trade-in $10,500. Yes, rebates and discounts on the G8 peaked March through May, and MSRP went up on the '09s. If I had to sell my G8 today I would get at least what I owe on it-- not true of any other equivalent car, even Accord or Camry. I think the G8, like the Holden-sourced GTO, is something special and will hold its value very well. Some say "buy what you like and don't worry about it," or "don't buy the deal - buy the car," but most of us have to live within a budget, and as depreciation is the greatest part of car expense the concern over resale value is valid. I think I'll be happy with my G8's trade-in value when that day comes, and it's the car I really wanted as well. So if the only thing keeping you from owning a G8 is concerns over future resale value, although nobody knows the future, I think you'd be OK.
Re: Destination Fee question [kyfdx]
by novidriver on Tue Jul 28 17:07:36 PDT 2009
OK. I'm sure the dealers would balk at giving up the destination charge but I can always ask. I'm pretty sure that those lower MSRPs are from older inventory.
Re: OK....how low will they go [whoosierdaddy]
by bvdj84 on Sun Jun 14 07:09:52 PDT 2009
Mileage could have been better... other company's seem to come up with a larger car like this and have decent mileage. I do know their intent for the car, bad timing?
Re: OK....how low will they go [murphy4]
by whoosierdaddy on Sat Jun 13 08:32:05 PDT 2009
$18,900 is the advertised price for a base '09 G8 at Ed Martin Pontiac-GMC in Indianapolis. There is an asterisk after the price that says see dealer for details. I think that if the only thing that moves G8's is a low price then you better get one while you can because they're not coming back in any form. GM wants cars that sell at a big profit, that's why they kept Buick vs Pontiac. How do the 2 owners of GM feel? The UAW is no fan of the G8 because it's made in Australia not here, and the Government is no fan for that reason plus the MPG is not that great.
Re: OK....how low will they go [murphy4]
by pafromfl on Mon Jun 08 20:32:54 PDT 2009
they aren't moving these cars. They aren't getting any more cars either so prices seem to be creeping up. The sales volume in May was healthy, so dealers may be gambling that demand will eventually exceed supply. The only thing that would depress G8 prices is if GM announced that the G8 will be rebadged as a Chevy or Buick in the future. So far GM claims the G8 is gone from the USA forever.
OK....how low will they go
by murphy4 on Mon Jun 08 20:14:08 PDT 2009
i want a G8 GT....not picky about color etc but want best low price and lowest apr. GM likes to say you can't have both but that is bullshit.............they aren't moving these cars. feedback please!!!!!

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