Year, Make, Model, and Trim: 2020 GMC Sierra Denali 1500 4WD Denali
MSRP: $71,350
Sales Price: $66, 639 (6.6% pre-incentive $550 below supplier)
Rebates: $1750 (Lease Conquest)
Bank fee $695
DMV and dealer fees $684
Months: 36
Annual Mileage: 10000
Monthly Payment: $597 (w/o tax)
Drive-Off Amount: $3,607 (1st mo, Fees, Taxes)
MF: .00057 (1.37%)
Residual: 64%
Region: New Jersey
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The pre-incentive discount is $550 better then the GM supplier pricing. This looks like a better value to me as compared then the Silverado right now. Dealer has another Denali at lower MSRP but without the Carbonpro package. I’m playing with a bit of house money thanks to the Gladiator.
My thinking is to ask for 8% off to close the deal.
Carvana is offering me $39,500 to purchase the Gladiator and my lease buyout is $34,000 (on a purchase price of $32,500). They are offering me above MSRP. I just can’t pass that up.
Carvana wants the vehicle returned back to 100% stock. Which is a PIA but I’ll make more $$ when I sell the parts. Here is Carvana offer locked in to 9/2
I’m wondering why the base Sport is coming out higher than the Sport S? My payoff is high anyway thanks to the negative equity I rolled in, so I’d be stuck with it even if I wanted to sell it.
Weird how trucks are getting price reductions in NE from carvana. I’m getting the same on a family members truck but both my SUVs have been +$$. I would check with Algo btw too if you haven’t already. They’ve been higher on every vehicle lately of mine and seem to also negotiate. Maybe they’ll give you extra for the parts and save you the headache of selling them (probably unlikely but yea).
I do have a GM supplier code but they are already $1100 better then the supplier price. I am right at 10% when you consider the $1750 rebate. This is the third GM dealer I am dancing with, lost the first two vehicles during the process, and it’s the best pre-incentive discount I’ve found yet (short of 1 @ethanrs unicorn in CA).
Just checked Algo and the instant appraisal was $39K for the Jeep – $542 less then Carvana. But i don’t know yet what their policies are on the suspension modifications.
Dealer with Denali gave me a sight unseen offer of $37K for the Gladiator, and I can leave on as many parts as I want. I maybe able to work out some additional tax savings this way, we shall see how loose they handle their accounting. In any case, it’s enough to magically cover the DAS on the new vehicle.
Gave them a CC deposit on the deal at $577/mo and $3915 DAS before including the trade to hold the Denali. Let’s see what happens when I get onsite.
Get this… best offer to purchase the Gladiator came from Rodo at $39,600 – They are willing to accept it with the suspension modifications in place. Pickup scheduled for Monday
