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-   -   How much should i pay - Chevy 3500 (http://www.saltycajun.com/forum/showthread.php?t=10092)

monkeyman1 05-04-2010 03:10 PM

How much should i pay - Chevy 3500
 
First off, my thoughts and prayers to those affected by the oil.

Do any of you have chevy 3500 HD DRW pickup? I need one to pull my RV. Invoice is $37,883. But if the sale guy said "what would it take to get you into this truck today?", what would you tell them as far a price goes?

Some say $10K below invoice, others say less, others say more.

Thanks:confused:

FF_T_Warren 05-04-2010 03:13 PM

Ive always been told if you get out after TTL at or below the list price you did good. Ask to see what they paid for it. They have to show you and Yes that is a legit figure. A buddy in the car business told me its against the law for them to show you a fake document. Also don't let them give you the I gotta make money too crap, cuz they get their money from the distributor at the end of the month based on their sales numbers. Everything they squeeze out of you is just bonus in their pocket

Dink 05-04-2010 03:14 PM

Autotrader.com.....buy a used one save thousands

monkeyman1 05-04-2010 03:21 PM

Quote:

Originally Posted by Dink (Post 148048)
Autotrader.com.....buy a used one save thousands

I bought a used 3500 SRW, which is the truck i currently have. But the RV I have is bumping 14K pounds and the SRW truck is a little overloaded. I usually do buy used. But right now the interest rates on the new ones are considerably lower than the used.

Dink 05-04-2010 04:26 PM

14k???!!!! What you pulling? Fort Knox? Call Darren at oustalet......their banner is at the top of the page.....he'll hook ya up....just don't tell him W sent you, he'll Jack up the price......good folks over There

flyphisher 05-04-2010 04:27 PM

Quote:

Originally Posted by FF_T_Warren (Post 148046)
Ive always been told if you get out after TTL at or below the list price you did good. Ask to see what they paid for it. They have to show you and Yes that is a legit figure. A buddy in the car business told me its against the law for them to show you a fake document. Also don't let them give you the I gotta make money too crap, cuz they get their money from the distributor at the end of the month based on their sales numbers. Everything they squeeze out of you is just bonus in their pocket

Not true for Ford, Dodge, and GM. There is no "Distributor". I've been in the car and truck biz for nearly 20 years. If I made 1/3 of what people think I make, I wouldn't be fishing from a 15' flatboat with a tiller 25!

Do your homework, you can go to Edmunds, NADA, multiple sites that will give you exact cost on the vehicle you want. Then, you simply go to the mfgr websites, and find the truck you want. All of the rebates will be available on the websites.

Now, as far as invoices, you can't fake one, but there is NO obligation to show it to the customer. I've never refused anyone to see one, not even a prime product like a Mustang Cobra. I'll show you invoice, but you were gonna pay sticker if you wanted it. NOTE, paying sticker price is ONLY for primo items like GT40, Cobra, and F150 Raptor. There are no rebates or incentives on these vehicles.

Right now there are a few dealers advertising $10k off of this, $12k off of that. Well, in that $$$ off promotion, they include pkg discounts (which you get no matter what) and they are also figuring off of their "bump" sticker, which typically will have over-priced pinstripes, window tint, etc. on it. Their big "special" will also be only on certain stock numbers. Say, a truck that's been on the lot for a year.


Here's how you should address buying a vehicle:

1. Decide what you can afford, be it cash, finance or lease. For typical 60 month financing with good credit, you can use this scale:
a. $20k financed = $400/mo
$25k = $500/mo
$30k = $600/mo etc.
2. Decide on the brand, and do your homework as to what package fits your wants and needs. And budget.

3. Now you start your search. Ask your friends and neighbors who they have dealt with recently. Most of us are not the old snake oil salesmen of yesteryear.

I'm about to get busy, so let me wrap this up. Find a salesman you like, at a store with a good reputation. You wouldn't believe how many customers I have that are now friends.

monkeyman1 05-04-2010 04:29 PM

Quote:

Originally Posted by Dink (Post 148073)
14k???!!!! What you pulling? Fort Knox? Call Darren at oustalet......their banner is at the top of the page.....he'll hook ya up....just don't tell him W sent you, he'll Jack up the price......good folks over There

Pulling a Newmar Cypress 37LSRE, dry weight = 13,690 #. Hell for stout RV.

monkeyman1 05-04-2010 04:33 PM

Quote:

Originally Posted by flyphisher (Post 148074)
Not true for Ford, Dodge, and GM. There is no "Distributor". I've been in the car and truck biz for nearly 20 years. If I made 1/3 of what people think I make, I wouldn't be fishing from a 15' flatboat with a tiller 25!

Do your homework, you can go to Edmunds, NADA, multiple sites that will give you exact cost on the vehicle you want. Then, you simply go to the mfgr websites, and find the truck you want. All of the rebates will be available on the websites.

Now, as far as invoices, you can't fake one, but there is NO obligation to show it to the customer. I've never refused anyone to see one, not even a prime product like a Mustang Cobra. I'll show you invoice, but you were gonna pay sticker if you wanted it. NOTE, paying sticker price is ONLY for primo items like GT40, Cobra, and F150 Raptor. There are no rebates or incentives on these vehicles.

Right now there are a few dealers advertising $10k off of this, $12k off of that. Well, in that $$$ off promotion, they include pkg discounts (which you get no matter what) and they are also figuring off of their "bump" sticker, which typically will have over-priced pinstripes, window tint, etc. on it. Their big "special" will also be only on certain stock numbers. Say, a truck that's been on the lot for a year.


Here's how you should address buying a vehicle:

1. Decide what you can afford, be it cash, finance or lease. For typical 60 month financing with good credit, you can use this scale:
a. $20k financed = $400/mo
$25k = $500/mo
$30k = $600/mo etc.
2. Decide on the brand, and do your homework as to what package fits your wants and needs. And budget.

3. Now you start your search. Ask your friends and neighbors who they have dealt with recently. Most of us are not the old snake oil salesmen of yesteryear.

I'm about to get busy, so let me wrap this up. Find a salesman you like, at a store with a good reputation. You wouldn't believe how many customers I have that are now friends.

thanks flyfisher. but if invoice is $37,000, but i'm not certain this is a good starting point. is invoice what you would expect to pay (plus $1-2K)? thanks again.

ShadMan 05-04-2010 04:42 PM

There's a big difference between invoice and MSRP. Make sure you are using the correct terminology, because they may be $12k apart on that truck. ;) If invoice is $37k, you'll be lucky to get it much cheaper than that. If $37k is MSRP, you may be able to get it for $25k. If you want to know the bottom line, send some emails to dealers and let them bid the truck online. Go back to each one with the other's latest offer and see how low they go. :)

monkeyman1 05-05-2010 06:03 AM

Right shadman. MRSP is $40.6K and invoice is $37.8K. Thanks again for the info.

ShadMan 05-05-2010 08:31 AM

Hmmm...not sure if that is the true dealer invoice on that truck, unless it is a Duramax. The MSRP is usually $10k or more over dealer invoice. If it's not a Duramax, he ain't showing you the real invoice. If it's a Duramax, that's a decent deal for a base model.

flyphisher 05-05-2010 08:57 AM

Quote:

Originally Posted by ShadMan (Post 148275)
Hmmm...not sure if that is the true dealer invoice on that truck, unless it is a Duramax. The MSRP is usually $10k or more over dealer invoice. If it's not a Duramax, he ain't showing you the real invoice. If it's a Duramax, that's a decent deal for a base model.

Not anymore. The difference between MSRP and invoice has been shrinking for the past 10 years. Used to be if we had an F150 with MSRP of $25,000, we had about $4,000 of markup + rebates to fool with. No longer. On a $20,000 vehicle, we have about $1,000 of profit margin + rebates to work with. On a $30,000 MSRP, we have about $1,800 or so to play with + rebates. Occasionally, you will find giant rebates, like in the winter of 2008, when business was falling off and all mfgrs were over stocked. I was selling regular cab V6 auto trans F150s that stickered for $21k for $14,500. I sold 3 F350 Duallies that stickered for $53k for $39,500. That was an anomaly, we just had huge rebates from the factory to move inventory.





If I had $10k to play with between invoice and msrp + rebates, that would make my avg profit $6,000, which would pay me $1,800 commission per truck. Times that by 10 trucks per month, that would be an $18,000 paycheck per month.

Salesman's commission on profit is 25-30%. To make any kind of decent money, you have to sell 10 trucks or more per month. I'll sell em all for invoice if I need to so that I can get my unit bonuses.

80% of my business is repeat customers/referrals, and 80% of that is commercial business.

Once again, if you question the dealer's invoice, just get a copy of the window sticker and build the truck on Edmund's or NADA.

Nobody I know would take the time to create fake invoices. You would need 2 sets of files, the real files and the fake files. LOL.

flyphisher 05-05-2010 09:07 AM

If anyone has any questions about the auto business, just ask. My website is cajunhopper.proboards.com

I go by Cajunhopper on most other sites, or Wil.

monkeyman1 05-05-2010 09:15 AM

thanks a lot for the info flyphisher and shadman.

ShadMan 05-05-2010 10:13 AM

Quote:

Originally Posted by flyphisher (Post 148283)
Nobody I know would take the time to create fake invoices. You would need 2 sets of files, the real files and the fake files. LOL.

I used to sell trucks. We had a "suggested" invoice (nowhere near what we actually paid) and an actual dealer invoice. The customer *NEVER* got to see one of our actual dealer invoices. ;) I've driven out (TTL and all) at well under $10k off MSRP on my last two new trucks ('04 F250 diesel and '06 Chevy Silverado). I don't know if this has changed in the last couple years or not. If it has, GM is just keeping more profit to themselves, 'cuz the cost of building 'em hasn't gone up that much. GM would have to be making around $15k - $20k profit on every Duramax leaving the lot if there is only a couple thousand in difference between the MSRP and what the dealer is paying.

Jordan 05-05-2010 10:32 AM

i need a new truck, who wants to help me ??

JESSE JAMES 05-05-2010 03:13 PM

Quote:

Originally Posted by ShadMan (Post 148324)
I used to sell trucks. We had a "suggested" invoice (nowhere near what we actually paid) and an actual dealer invoice. The customer *NEVER* got to see one of our actual dealer invoices. ;) I've driven out (TTL and all) at well under $10k off MSRP on my last two new trucks ('04 F250 diesel and '06 Chevy Silverado). I don't know if this has changed in the last couple years or not. If it has, GM is just keeping more profit to themselves, 'cuz the cost of building 'em hasn't gone up that much. GM would have to be making around $15k - $20k profit on every Duramax leaving the lot if there is only a couple thousand in difference between the MSRP and what the dealer is paying.

if you worked for a dealer that produced its own invoices, i would have to say that was a dishonest dealership.

the average profit margin between MSRP (list price), and dealer invoice is about 10%.

monkeyman1 05-05-2010 03:23 PM

Quote:

Originally Posted by JESSE JAMES (Post 148481)
if you worked for a dealer that produced its own invoices, i would have to say that was a dishonest dealership.

the average profit margin between MSRP (list price), and dealer invoice is about 10%.

JJ, i don't think i've ever been to a totally honest dealership. :rolleyes:

ShadMan 05-05-2010 03:42 PM

Quote:

Originally Posted by JESSE JAMES (Post 148481)
if you worked for a dealer that produced its own invoices, i would have to say that was a dishonest dealership.

The dealership didn't produce them, the manufacturer (Chrysler/Dodge) did...same as the manufacturer produces a MSRP sticker when they know it is not an accurate reflection of value or sales price. ;)

flyphisher 05-05-2010 05:50 PM

Quote:

Originally Posted by ShadMan (Post 148494)
The dealership didn't produce them, the manufacturer (Chrysler/Dodge) did...same as the manufacturer produces a MSRP sticker when they know it is not an accurate reflection of value or sales price. ;)

I only sold Dodges for a few months, I've been Ford or Linc-Merc other than that.


On a $40,000 truck, the factory makes between $15-$20k. Dealer average profit on new vehicles is somewhere between $800-$1,000. Occasionally you will hit a home run and make a big money deal, but that is hard to do.

Believe it or not, sales to the Gov't (from towns to states and fed agencies) are the highest profit deals. That's all I'm saying about that, I'm waiting for 1 guy to retire, then I get all the gov't bid work. Then I'll be making bank.

JESSE JAMES 05-05-2010 09:56 PM

Quote:

Originally Posted by ShadMan (Post 148494)
The dealership didn't produce them, the manufacturer (Chrysler/Dodge) did...same as the manufacturer produces a MSRP sticker when they know it is not an accurate reflection of value or sales price. ;)

have been in the business since 1972. i have never heard of a manufactor produce anything but the legitimate invoice.

JESSE JAMES 05-05-2010 09:58 PM

Quote:

Originally Posted by monkeyman1 (Post 148484)
JJ, i don't think i've ever been to a totally honest dealership. :rolleyes:

they are out there you just have to hunt for them. i will admit they are getting harder to come by.

JESSE JAMES 05-05-2010 10:02 PM

Quote:

Originally Posted by flyphisher (Post 148544)
I only sold Dodges for a few months, I've been Ford or Linc-Merc other than that.


On a $40,000 truck, the factory makes between $15-$20k. Dealer average profit on new vehicles is somewhere between $800-$1,000. Occasionally you will hit a home run and make a big money deal, but that is hard to do.

Believe it or not, sales to the Gov't (from towns to states and fed agencies) are the highest profit deals. That's all I'm saying about that, I'm waiting for 1 guy to retire, then I get all the gov't bid work. Then I'll be making bank.

i can promise you that CHRYSLER DOES NOT MAKE $15K-$20K on a $40k truck. who ever told you that was exaggerating, alot.

ShadMan 05-06-2010 09:58 AM

Chrysler also gives $10k+ off their MSRPs (as does Ford). If Chevy is only giving a difference of $1k - $3k between MSRP and dealer invoice, they've got to be making $15k+ per vehicle. Just one more reason not to buy another GM vehicle (you know, aside from the fact that their trucks aren't as good as Fords, they are subsidized by our tax dollars, and their vehicles are more expensive ;) ).

Armand16 05-06-2010 10:28 AM

Quote:

Originally Posted by ShadMan (Post 148825)
Chrysler also gives $10k+ off their MSRPs (as does Ford). If Chevy is only giving a difference of $1k - $3k between MSRP and dealer invoice, they've got to be making $15k+ per vehicle. Just one more reason not to buy another GM vehicle (you know, aside from the fact that their trucks aren't as good as Fords, they are subsidized by our tax dollars, and their vehicles are more expensive ;) ).


I concur, well said...

monkeyman1 05-06-2010 10:28 AM

Quote:

Originally Posted by ShadMan (Post 148825)
Chrysler also gives $10k+ off their MSRPs (as does Ford). If Chevy is only giving a difference of $1k - $3k between MSRP and dealer invoice, they've got to be making $15k+ per vehicle. Just one more reason not to buy another GM vehicle (you know, aside from the fact that their trucks aren't as good as Fords, they are subsidized by our tax dollars, and their vehicles are more expensive ;) ).

i drove a dodge 1-ton and it was just "OK". the interior looked cheaply made and wasn't as "ergonomic" as chevy. i've had a ford 250 and put 300k miles on it. but at the end of the day, i like the chevy interior best, the duramax is a proven/sound engine and the allison tranny is good too.

the dodge cummins could probably pull the bumper of either ford or chevy. but i just don't have need to do that very often. :D

you touched on the basis of my question. i've been told that dealers will come $10-12k off of msrp, but if invoice is only $37.8k...not too sure. i expect the dealer to make $1-$1.5k on the deal. i just don't want to be the sucker who let them make $5k on the deal. i was hoping somebody else had bought a 2010 lately so i could find out what they paid.

monkeyman1 05-06-2010 10:30 AM

ps: yes, the government bailed out GM with my tax dollars...all the more reason i need to make certain they're successful...WE OWN THEM! :)

Dink 05-06-2010 11:32 AM

The new Dodge is awesome!!! Id go Cummins......there isnt a comparison.....specially towing 14k!!!!

monkeyman1 05-06-2010 11:59 AM

Quote:

Originally Posted by Dink (Post 148865)
The new Dodge is awesome!!! Id go Cummins......there isnt a comparison.....specially towing 14k!!!!

i sure wouldn't mind having the cummins, just wish i could wrap a chevy around it. ;)

Dink 05-06-2010 12:23 PM

Hows the bumper sticker go?? Id rather be cummin than strokin!!!

ShadMan 05-06-2010 01:04 PM

Actually, the new '11 Ford (with the new 6.7L Ford-built diesel) is the highest in horsepower, torque, and towing capacity. I'm dying to test drive one. :)

monkeyman1 05-06-2010 01:15 PM

Quote:

Originally Posted by ShadMan (Post 148893)
Actually, the new '11 Ford (with the new 6.7L Ford-built diesel) is the highest in horsepower, torque, and towing capacity. I'm dying to test drive one. :)

the red font is the part i'm concerned about. "new" is scary...i don't want to be their guinea pig! :D

JESSE JAMES 05-06-2010 01:53 PM

Quote:

Originally Posted by ShadMan (Post 148893)
Actually, the new '11 Ford (with the new 6.7L Ford-built diesel) is the highest in horsepower, torque, and towing capacity. I'm dying to test drive one. :)

WRONG AGAIN, check out the DURAMAX'S 2011 specs. read'em and weep.

monkeyman1 05-06-2010 01:54 PM

Quote:

Originally Posted by JESSE JAMES (Post 148906)
WRONG AGAIN, check out the DURAMAX'S 2011 specs. read'em and weep.

i'd never tell the moderator that on another website i frequent. :eek: :D

doford33 05-06-2010 02:16 PM

shad.....got that 2011 king ranch 4x4 calling your name.....looken at it now....

SULPHITE 05-06-2010 02:17 PM

They got one in the burton coliseum for the CCA banquet that is fine!!

ShadMan 05-06-2010 02:25 PM

1 Attachment(s)
Quote:

Originally Posted by JESSE JAMES (Post 148906)
WRONG AGAIN, check out the DURAMAX'S 2011 specs. read'em and weep.

Wow, I hadn't read about that yet. However, an extra 7hp at 200RPM higher translates to a draw. The Ford is still rated to tow more. ;) And, unlike the Duramax, the Powerstroke will last beyond 100k miles. :p

flyphisher 05-06-2010 03:37 PM

Quote:

Originally Posted by doford33 (Post 148910)
shad.....got that 2011 king ranch 4x4 calling your name.....looken at it now....

I just sold one last week, it will be here in about 4 weeks. Drove a 6.7L Lariat 4x4 the other day. It was freaking fast, and quiet as a gas engine.

JESSE JAMES 05-06-2010 04:05 PM

Quote:

Originally Posted by ShadMan (Post 148914)
Wow, I hadn't read about that yet. However, an extra 7hp at 200RPM higher translates to a draw. The Ford is still rated to tow more. ;) And, unlike the Duramax, the Powerstroke will last beyond 100k miles. :p

IT'S NOT A POWERSTROKE, it's FORD produced. meaning untested. no history. better watch out.

what is the warranty on the new ford diesel?

does FORD have an ALLISON transmition? ;)

flyphisher 05-06-2010 04:28 PM

5 years or 100k miles on engine, 5 yr or 60k on power train.

LaAngler 05-06-2010 04:36 PM

Quote:

Originally Posted by doford33 (Post 148910)
shad.....got that 2011 king ranch 4x4 calling your name.....looken at it now....

is the 5.0 gas going into the F150 this year?

ShadMan 05-06-2010 05:09 PM

Quote:

Originally Posted by JESSE JAMES (Post 148956)
does FORD have an ALLISON transmition? ;)

Nope, it has the slightly better TorqShift, with better tow gearing (the reason the Ford tows significantly more than the Chebby). Other than that, it's equivalent to the Allison. I call the Allison the TorqShift Jr. :p

specktator 05-06-2010 05:32 PM

Talked to a buddy other day. He said his friend went test drive the new f-250s other day. Had 5 miles on it and it broke down!
Anyone wanna come hook up an F-250 to this beast of a Chevy Duramax I got for pinks let me know! Lol

ShadMan 05-06-2010 05:49 PM

Quote:

Originally Posted by specktator (Post 148981)
Talked to a buddy other day. He said his friend went test drive the new f-250s other day. Had 5 miles on it and it broke down!

That's what happens when you don't put any fuel in it. :p

I've been reading some posts from people who have driven both the new Chevy and the new Ford, and it sounds like there are two awesome trucks on the market right now. Dodge is behind the 8-ball, as usual. ;)

specktator 05-06-2010 06:17 PM

Quote:

Originally Posted by ShadMan (Post 148988)
That's what happens when you don't put any fuel in it. :p

I've been reading some posts from people who have driven both the new Chevy and the new Ford, and it sounds like there are two awesome trucks on the market right now. Dodge is behind the 8-ball, as usual. ;)

HAHAHA


i tell u what i have always hated the Dodges. but the new models are pretty sweet. my buddy has one with some 20" factory rims, and mickey thompson's, navigation, and bluetooth, the works. The reason I hated the Dodges so much was the interior looked cheap and they rode like crap. but the new ones ride alot smoother and have a sweet interior!

BIGJ 05-06-2010 09:22 PM

I looked at the new 2011 Ford Diesels today at the cajundome car show.
I'm a Chevy D-Max fan but the look and style of the new Ford is awesome. They were on sale for only alittle over $59,000.
The new D-Max will hit the lots in about two months.

2ndamendment 05-06-2010 10:02 PM

Another year in the heavy duty truck manufacturing race. Which manufacturer has the most and best this year, wait another year or two it will change. It is your money, your decision, drive which brand you choose. Keep stirring the 'which brand truck is the best' pot.

ShadMan 05-06-2010 10:14 PM

Quote:

Originally Posted by 2ndamendment (Post 149087)
Keep stirring the 'which brand truck is the best' pot.

Shhhh! Don't kill my troll! :p

LaAngler 05-06-2010 10:45 PM

i saw a duramax at the front corner, sale price 52,000 bucks

monkeyman1 05-07-2010 06:40 AM

sorry to spoil the "which truck is better?" debate. but i'm going with chebby because it is plenty good for what i need and...i like it! :)


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