South Dakota Chevrolet Car Dealers

95aggie, Is it better to wait until a big holiday? Sometimes. Check to see what incencentives are being offered now. In September, those same incentives may not be available. As a general rule, though, it's not a bad idea to wait for a holiday especially Xmas because the dealerships compete with Santa. Discounts and incentives apply to leases unless specifically stated otherwise. Yes, your GM Supplier discount applies to leases. Check out the following website for further information... https://www.gmsupplierdiscount.com/ip-gmsupplier/virtual/pages/html/sd_faq.html ALWAYS negotiate sales price just as though you were buying it. Check edmunds.com or kbb.com for MSRP/Invoice pricing information and incentives. It's best to prepare a one page lease proposal similar to the one described below. A proposal saves time, money, and aggravation. If my proposal is accepted, I tell the dealer to have the keys and papers ready for me to sign and away I go! Easy, huh? Know how to calculate lease payments. Your proposal MUST BE DEAD ACCURATE; otherwise, you risk not being taken seriously and that can cause problems. Incorrect payments create opportunities for the dealership. It sends the message that you don't know what you're doing. You want to make it easy for the dealer to transfer the numbers on the proposal directly onto the lease agreement. So, you need to make sure that every number in your proposal is spot on. _____________________________________________________________________________ Consumer Retail Lease Pricing Information Base MSRP 2007Corvette 2dr Hatchback (6.0L 8cyl 6M)……………………………… 44,170.00 Machine Silver with ebony interior…………………………………………………… 0.00 3LT Coupe Preferred Equip Group……………………………………………….…… 4,945.00 QX3 Chrome Aluminum Wheels……………………………………………………… 1,850.00 Destination Charge……………………………………………………………………… 825.00 MSRP……………………………………………………………………..……….…… 51,790.00 Capitalized Costs Agreed Upon Value……………………………………………………………..……… 44,233.47 Gross Capitalized Cost………………………………………………………………… 44,233.47 Adjusted Capitalized Cost……………………………………………………………… 44,233.47 Residual Data Residual Factor………………………………………………..………………………… 0.58 Residual Value (Res. Factor Χ MSRP)…………………..………..…………………… 30,038.20 Cost of Money/Term GMAC Int. Rate…………………………………………….…………………………… *7.50% Term (months)…………………………………………………………………………… 36 Payment Calculation Monthly Lease Payment (0.0309130 x Adj. Cap - 0.0245484 x Residual)................ 630.00 Initial Lease Charges Title, Registration, Plates……………………………………………………………….. 200.00 1st Month’s Payment…………………………………………………………………… 630.00 Security Deposit……………………………………………………………………….. 650.00 Acquisition Fee………………………………………………………………………… 595.00 Sales Tax @6.25% x Agreed Upon Value…………………………………………….. 2,764.59 Amount due at lease signing…………………………………………………….……. 4,839.59 * GMAC Tier S (top tier) Rate _____________________________________________________________________ Remember that the above is an example only. If GAP insurance is not included, I suggest you purchase it from your insurance agent. GAP costs approximately 0.1% of the MSRP annually or 0.1% x 51,790 = 51.79 in this example. The Residual reflects an annual mileage allowance of 12,000 miles in this example. GM leases do not have disposal fees. The Agreed Upon Value is the selling price. If you have access to a TI83/84 calculator or Microsoft's EXCEL, I'll be happy to give you instructions as to how to calculate the payment... it's very easy to do. Otherwise, if you're interested, you can email me and I'll be glad to help you create a lease proposal. The best way to NEGOTIATE with a dealer is DON'T. Once I FAX/email my proposal, I simply want a response of YES or NO. If it's NO, I simply FAX/email another dealer. I do my homework and so I know ahead of time that the terms of my proposal are "doable". A good rule of thumb for computing GM payments is to convert the GM rate to a money factor (e.g., 0.075/24 = 0.003125) and use the following formula... Base Payment = MF x (AC + RV) + (AC - RV)/Term (months) where MF = Money Factor AC = Adjusted Cap RV = Residual Value Using the above formula, I get $626.41 which is close to $630.00 but not close enough. This formula will get you very close but close is never close enough especially if you're creating a lease proposal. Very few fund providers use interest rates. GM and Ford Credit are the only two finance captives that I'm aware of that use interest rates. The rest use money factors. Observe that the sales tax is computed on the Agreed Upon Value as practiced by some states. Other states compute the sales tax on the payment streams (e.g., 0.065 x $630.00). I hope this helps. John

My deal for comparison, I ordered mine on Jan 22 and it is built and on the way: 2007 GMC Sierra SLT Crewcab 4x4. Basically fully loaded less NAV and Rear DVD. Steel Gray with Ebony leather interior. Options: SLT Package (see website for details) 20" alum wheels/tires HP suspension pkg 6.0 liter V8 (Includes larger engine, SD tranny, Engine oil cooler, Tranny cooler, HD 9.5" rear end (3.73), and 4 wheel disc brakes. Power Sunroof Side head curtain air bags HD Trailering pkg Locking rear diff (3.73) Skid plate pkg Engine block heater. MSRP $42,930 Invoice: $38,929 I have a 2000 GMC Sierra Z71 SLE 3-door with 89K miles in mint cond. Dealer gave me $11,500. My brother is actually purchasing through dealer though for $11,500. Dealer "Pass-Thru" deal saves me the sales tax. Summary: Sales price @ invoice: $38,929 Trade-in bonus cash: -$1000 Loyalty Rebate: -$1000 Trade-in: -$11,500 Total: $25,429 +TTL I also plan on putting on the 6" SSTL Oval step bars, Hood protector, Spray-in liner, Access Tonneau cover, Remote start (didn't want the entire "package" from factory, which included power pedals and rear park assist). Step Bars: $600 Hood Protector: $150 Linex Spray-in liner: $450 Access Tonneau cover: $450 Remote Start: $250 Total dealer Accessories: $1900

I have a GMS discount to use. I contacted 2 dealers and they both gave me about the same info on a 3LT Tahoe that I would be building from scratch. MSRP of 40,700 and the GMS price around 36,200. They both said they couldn't find out what the finance charge was-sd the computer generates it. Residual of 62% on 39 month with a payment of 525.00. I have great credit-at least 730. I live in northern Indiana. How do I get these guys to stop jerking me around because I'm a girl! Finance charges were about 650.00 for one place and the other didn't tell me.

FYI- Mossy Chevrolet in San Diego is selling their lot to the city of Encinitas. I picked up a 4wd LTZ with DVD, Sunroof, and other junk for $8K below sticker $49250-$8K=$41250. I probably wouldn’t have bought it if I knew this at the time but it might explain the deep discount. The dealer claimed it was their “lost leader” and they lost money on the deal. I never believe that but I had been looking for a couple of months and this beat the pants off my supplier discount I was looking at using. I need a new service center in SD if any one has one they recommend. (It had 14miles on it when I picked it up)

We just purchased a 2005 LT-SD Package Equinox. We purchased from Community Chevrolet in Burbank, initial contact was made via email. They were very helpful. I got the SD package in Galaxy Silver with 17" rims, total before tax and fees was $21,300.00, they financed us for 4.5% Very happy with the dealer experience, love the car. The cloth interior is a little blah, but love everything else.