I am looking at a 2019 Yukon SLT on cargurus and it states that the vehicle has an MSRP of $75,110 and a selling price of $61,590. Cargurus has it listed for 413 days.
I called the dealer and asked for a breakdown in the price to which the rep stated that due to “employee pricing” and other incentives currently going on that the vehicle has $13,520 in incentives.
75k MSRP minus the 13520 is $61590.
Is the rep misinformed or are they not taking anything off of the selling price from the dealer and just heavily incentivizing the suv through GM.
He also told me that the First Responder Discount would not apply as “employee pricing” trumps it.
I can’t speak to the specifics of this deal, but this is a thing I always have a hard time remembering - Sometimes a car that’s been sitting on the lot forever can be a signal that you can get a better than usual deal on it (especially if it is a model that isn’t selling well, has weird options/colors, etc), but it is also possible that it is hanging out there forever because the dealer isn’t willing to give up much on the deal.
Joey…the selling price online means . Tell them u want x percent off plus the incentives. Give a friendly reminder car has been on their lot for 413 days and I guess they want to make it 414
the car has over 13k off and it’s already had a birthday at the lot. most dealers pay interest on cars on the lot so that is their incentive to move.
i don’t see what the question is in this post? we have comparable deals here. sounds like an ad car.
and first responder is not stackable with employee.
There is no definitive answer. Dealers can price cars however they like. There’s a reason why that car has been sitting on the lot for awhile (ie dealer sucks and doesn’t want to discount it).
The real reason is that the sales manager would rather keep that loser unit on the books, than admit to the owner that he made some big mistakes in last years order plan. That wouldn’t look good for his bonus.
I guess I’m not understanding the pricing breakdown online. Is the “employee pricing” the “special purchase price”? Or is that a separate incentive/rebate.
You will be hard pressed to find a GM dealer willing to go below employee pricing without extreme hesitation, if at all. Is it possible…maybe. Good luck finding that dealer though.
This would go for all GM, not just Chevy, but in general, yes. Truth is, there isn’t a ton of margin anymore between MSRP and invoice like there was 10 or so years ago, when 15% off supplier deals were as easy to get as a hot cup of coffee. Supplier deals today are a joke compared to pre BK days. Employee pricing isn’t really that much better in most cases, but it is.
Again, is it possible to get below employee pricing? Maybe. Good luck finding the rare GM dealer that will do it though.
You’re liable to see people jump on this thread and say “I got below employee pricing,” making it sound like a cakewalk. Truth is, it isn’t, and they were very lucky.