GM Supplier Discount
Question:
Does anyone have any experience with the GM Supplier Discount program?
Response:
I have no experience with it, but the company that I work for offers it. I would be willing to be that the discount isn’t really all that much. The absolute maximum it would be would be dealer invoice -3%, the 3% being the holdback. In this case, you will probably not find a dealer that will even sell you a car at this price, because it cuts out almost all of his profit (and none of GMs). Keep in mind that the fine print says ‘participating dealers’. That translates loosely into "We won’t honor it if we’re not going to make any money". This happened to a friend of mine who worked for Chrysler. As an employee, he got to pick a car for dealer invoice -3%. You know what? He had to go to 4 dealers before he found one that would honor it. * Sent from RemarQ http://www.remarq.com The Internet’s Discussion Network * The fastest and easiest way to search and participate in Usenet – Free!
Response:
In selling to a GM Employee, the dealer usually gets an amount back from GM of about 5% of the MSRP. He could sell you the thing for back of invoice, and still come out ahead. jed
– Hide quoted text — Show quoted text -> Does anyone have any experience with the GM Supplier Discount program?
Response:
I read the other replies in this post, and frankly, I’m surprised at the negativity. First: the way the GM Supplier program works is this: GMS price (invoice, less holdback and advertising) X 1.03. The result is a price just below invoice (several hundred depending on the amount of advertising for that particular dealer). Basically, the advantage is: you get a great price, somewhat lower than you could get otherwise, and you don’t have to haggle to get it. How much better of a deal can you expect? Below invoice on a Silverado 4X4 or Tahoe or Suburban? What dealer would normally sell that cheap? As to what the dealer gets? Yes, 5% of MSRP, which is 2% over invoice, which is below average on many vehicles. As far as them being able to discount even more because they are holding profit? Not true. It is strictly against the program guidelines and a dealer selling for less could lose their privilege of selling to suppliers and factory employees and their families. Anyone who complains about this program should be living in a socialist society. Ken.
– Hide quoted text — Show quoted text -> Does anyone have any experience with the GM Supplier Discount program?
Response:
Yeah, but getting the dealer to take such a low profit is the real chore here. Many of the dealers around here won’t even SHOW you the invoice because they want to protect profit. Like I said, I have never taken advantage of the program, but I would think that since the dealer doesn’t have to participate, that many dealers won’t. Some dealers aren’t going to be satisfied with a 2% profit (keep in mind that that’s only $800 on a $40,000 vehicle). I’m not denying that the program is a good deal, I just the the execution of getting it will be harder than you think. * Sent from RemarQ http://www.remarq.com The Internet’s Discussion Network * The fastest and easiest way to search and participate in Usenet – Free!
Response:
Actually I work at a dealer Beaver. I know that it would be difficult on some vehicles (4 door trucks, Tahoe’s, Barb’s) and I don’t know what the dealers around you are doing. It is a participation issue, but most dealers here in Wis. are more than willing to deal on most of them. If you did want something that is in high demand, you could still get it for considerably less. For example, we sold our 2nd Tahoe to a factory employee. This vehicle would demand close to sticker price ordinarily, so we didn’t want to take a 2% profit either. He wanted the vehicle, so we sold him a "pin stripe package" for $1000. The result? He bought the Tahoe for considerably less than the market was demanding and we made a reasonable profit. His option was to wait a few months or pay the premium. Now, we’ll sell any vehicle on the lot for GMS as gas prices have reduced volume significantly on trucks (which are generally the high ticket items). As for the dealer refusing to show the invoice? They’re a dinosaur in today’s market. The fact is, with all the info available online, refusing to show the invoice is just plain stupid. Ken.
– Hide quoted text — Show quoted text -> Yeah, but getting the dealer to take such a low profit is the > real chore here. Many of the dealers around here won’t even > SHOW you the invoice because they want to protect profit. Like > I said, I have never taken advantage of the program, but I would > think that since the dealer doesn’t have to participate, that > many dealers won’t. Some dealers aren’t going to be satisfied > with a 2% profit (keep in mind that that’s only $800 on a > $40,000 vehicle). I’m not denying that the program is a good > deal, I just the the execution of getting it will be harder than > you think. > * Sent from RemarQ http://www.remarq.com The Internet’s Discussion Network * > The fastest and easiest way to search and participate in Usenet – Free!
Response:
Well, I agree, it’s a good deal if you have a dealer that will honor it. Most dealers who don’t do any kind of reasonable volume would refuse it and even some that do. The friend of mine who worked for Chrysler was in Memphis, TN, and that’s not really a place that I would consider to have no volume dealers. Another thing to think about is the fact that many volume dealers will give buyers who don’t work for a supplier deals close the GMS discount and still make a profit, if the buyer knows how to deal. Part of the problem is that your discount is coming out of the dealer’s profit, and GM doesn’t lose a penny….I don’t really think it should be that way, especially when you consider GM’s profit on trucks and SUVs. Another thing….in a post above on this thread, one of the guys mentioned that a dealer employee was trying to take advantage of the discount, and that they tacked on a $1000 pinstripe. That alone should tell you that even for employees, the dealer isn’t going to miss out on some profit. * Sent from RemarQ http://www.remarq.com The Internet’s Discussion Network * The fastest and easiest way to search and participate in Usenet – Free!
Response:
Ya, The dealers were not very interested when I was looking with the discount. I have a 98 Pontiac GP and was looking at a new GMC Sierra and they were not helpful at all. I don’t think they make much off of the deal. One dealership even told a fellow employee of mine that they would have to give him wholesale on his trade in due to the supplier discount. Now that is just wrong. I have not had a good experience, but you may. Hope you have better luck. Ryan
– Hide quoted text — Show quoted text -> Does anyone have any experience with the GM Supplier Discount program?
Response:
GM supplier pricing is GREAT. My company has it. All the local GM dealers participate in it and the only problem is just getting a popular vehicle you want in so that the dealer can sell it to you. If your local dealer does not want to cooperate, look to another. There are plenty of volume dealers out there who would be happy to get your business. I repeat, GM supplier pricing is GREAT. No "if"s "and"s or "but"s about it. — – GRL "When someone annoys you, remember that it takes 42 muscles to frown, but only 4 muscles to extend your arm and smack them on the back of the head."
– Hide quoted text — Show quoted text -> Does anyone have any experience with the GM Supplier Discount program?
Response:
– Hide quoted text — Show quoted text -> Well, I agree, it’s a good deal if you have a dealer that will > honor it. Most dealers who don’t do any kind of reasonable > volume would refuse it and even some that do. The friend of > mine who worked for Chrysler was in Memphis, TN, and that’s not > really a place that I would consider to have no volume dealers. > Another thing to think about is the fact that many volume > dealers will give buyers who don’t work for a supplier deals > close the GMS discount and still make a profit, if the buyer > knows how to deal. > Part of the problem is that your discount is coming out of the > dealer’s profit, and GM doesn’t lose a penny….I don’t really > think it should be that way, especially when you consider GM’s > profit on trucks and SUVs. > Another thing….in a post above on this thread, one of the guys > mentioned that a dealer employee was trying to take advantage of > the discount, and that they tacked on a $1000 pinstripe. That > alone should tell you that even for employees, the dealer isn’t > going to miss out on some profit.
Nor should the dealer miss out on making a FAIR profit. Gouging is out, but the reason why the dealership doors are open in the first place, is to make a profit. – Hide quoted text — Show quoted text -> * Sent from RemarQ http://www.remarq.com The Internet’s Discussion Network * > The fastest and easiest way to search and participate in Usenet – Free!
Response:
Hello Steve – I purchased a K3500 in Feb using the supplier discount. Just to give you an idea – Sticker on my truck = 26,114.00 Rebate (1-ton) = 1,000.00 GM loyalty discount = 500.00 total net of discounts 24,614.00 * .0625 tax rate 1,538.00 total net of tax 26,152.38 – what I would have paid at sticker price total OTD/GMS 22,850.00 – what I actually paid out-the-door with GMS discount The dealer quoted me 21,297 plus tax as the GMS price net of rebates and discounts. That is 18.5% off of sticker price if my calculations are correct (including the $1000 1-ton rebate AND the $500 customer loyalty discount). That is 13% off of sticker price without the rebates. In other words, I got my truck OUT THE DOOR for less than the Kelly Blue Book dealer invoice price of 23,226.60. I am VERY happy with the program. Best Regards – mqqn – Hide quoted text — Show quoted text – >Does anyone have any experience with the GM Supplier Discount program?
Response:
I don’t understand this attitude and I think it was bred in ignorance. No offence, but if you think you get MORE than wholesale for your trade in at any situation, then you don’t know much about negotiating a car deal. The fact is ANY TIME you get more than wholesale for your car you are getting an additional discount added to your trade value: thus the difference between Actual Cash Value and Trade Allowance. I’ll give you an example: MSRP: $20,000 MSRP: $20,000 Trade allowance: $10,000 Discount $ 2,000 Trade difference: $10,000 Trade Allowance $8000 Trade Difference: $10,000 See what I’m saying. The problem is, when you buy using the GM Supplier Discount you have NO ADDITIONAL DISCOUNT available to you so they cannot "overallow" on your trade. I believe you just think your 98 Grand Prix was worth more than it actually was. The math isn’t difficult, and in today’s educated society I don’t understand how people can come into a dealership, know invoice, make offers that are unbelievably low, but really not understand how the numbers even work. Ken BTW: I’m doing this assuming they really did offer a fair price for your trade (say Kelley Blue Book – good cond. less reconditioning). If not, I apologize.
– Hide quoted text — Show quoted text -> Ya, The dealers were not very interested when I was looking with the > discount. I have a 98 Pontiac GP and was looking at a new GMC Sierra and > they were not helpful at all. I don’t think they make much off of the deal. > One dealership even told a fellow employee of mine that they would have to > give him wholesale on his trade in due to the supplier discount. Now that > is just wrong. > I have not had a good experience, but you may. > Hope you have better luck. > Ryan > Does anyone have any experience with the GM Supplier Discount program?
Response:
I would say that most new buyers get porked on their trades. Some friends of mine were offer SEVERAL THOUSAND less than their car was worth on the trade when they purchased a new car. By "what it was worth" I mean a resonable value. The car the were trading was a 97 Cirrus, and I think the dealer was gonna give them $5000 for the car. What kinda crap is that? It doesn’t take long to realize that many times the dealer will make more money on your trade than he will by selling you a new car. The rub I have is this: I’m not opposed to the dealer making any money, but many are dishonest or don’t tell you the whole story with regard to factory to dealer incentives, etc. I think it is fair if the dealer makes 5% over WHAT HE ACTUALLY PAYS FOR THE CAR. The problem is finding out how much the dealer pays for the car. If the dealer would be honest about this, I would be willing to bet that they could save a ton of time haggling with potential buyers over the price. * Sent from RemarQ http://www.remarq.com The Internet’s Discussion Network * The fastest and easiest way to search and participate in Usenet – Free!
Response:
I agree with you on the honesty of dealers (and I am one). Don’t worry too much though because times are changing. The "old timers" are going away one by one. The guys that don’t want to show you invoice are disappearing slowly. Consumers are becoming more and more educated. I don’t think a dealer needs to volunteer information such as their actual cost, but should give it if asked. The reason they shouldn’t volunteer it is because most customers aren’t as noble as you and they don’t think 5% is a reasonable profit. I will tell you this. 9 times out of 10, invoice minus holdback is "true dealer cost". The only other ads are "advertising" which is pretty much like holdback, but it’s usually pretty difficult to get a dealer to negotiate into that. The only other thing is something called "dealer cash". This is a special incentive offered to dealers by manufacturers from time to time. Some manufacturers (Nissan comes to mind) use it often. GM almost NEVER uses it. Right now (at least in the Wis. region) there is only dealer cash on base Impala ($500), and a couple of weird vehicles (I think the G-Van cargo w/o V92 and maybe a chassis cab). Basically, if there’s $500 dealer cash, you can buy at invoice and it’s the same thing as buying for $500 over. I hope that’s not too confusing. I usually tell people a lot of this up front, but I know that’s not real common. As for trade ins, expect to get at least a mid point between Kelley fair and Kelley Good minus any repairs, reconditioning necessary. You’re right, a 97 Cirrus is worth more than 5000. Of course if it had 95,000 miles on it, it may not have been. Give me some cars and I’ll tell you what they’re worth, then you can tell me if I’m nuts. Ken.
– Hide quoted text — Show quoted text -> I would say that most new buyers get porked on their trades. > Some friends of mine were offer SEVERAL THOUSAND less than their > car was worth on the trade when they purchased a new car. > By "what it was worth" I mean a resonable value. The car the > were trading was a 97 Cirrus, and I think the dealer was gonna > give them $5000 for the car. What kinda crap is that? It > doesn’t take long to realize that many times the dealer will > make more money on your trade than he will by selling you a new > car. > The rub I have is this: I’m not opposed to the dealer making > any money, but many are dishonest or don’t tell you the whole > story with regard to factory to dealer incentives, etc. I think > it is fair if the dealer makes 5% over WHAT HE ACTUALLY PAYS FOR > THE CAR. The problem is finding out how much the dealer pays > for the car. If the dealer would be honest about this, I would > be willing to bet that they could save a ton of time haggling > with potential buyers over the price. > * Sent from RemarQ http://www.remarq.com The Internet’s Discussion Network * > The fastest and easiest way to search and participate in Usenet – Free!
Response:
Well, it’s not exactly true that GM does not lose a penny on GMS pricing, As I recall, GM pays the dealer 5% less the hold-back which means the dealer makes 2%. On a $30,000 truck that’s $600 and you get a sale you might not get otherwise. I think a lot of people would not buy GM if it were not for the GMS pricing. To my knowledge Ford and Daimler-Chrysler don’t do this, so it gives GM dealers a BIG advantage. – GRL "When someone annoys you, remember that it takes 42 muscles to frown, but only 4 muscles to extend your arm and smack them on the back of the head."
– Hide quoted text — Show quoted text -> Well, I agree, it’s a good deal if you have a dealer that will > honor it. Most dealers who don’t do any kind of reasonable > volume would refuse it and even some that do. The friend of > mine who worked for Chrysler was in Memphis, TN, and that’s not > really a place that I would consider to have no volume dealers. > Another thing to think about is the fact that many volume > dealers will give buyers who don’t work for a supplier deals > close the GMS discount and still make a profit, if the buyer > knows how to deal. > Part of the problem is that your discount is coming out of the > dealer’s profit, and GM doesn’t lose a penny….I don’t really > think it should be that way, especially when you consider GM’s > profit on trucks and SUVs. > Another thing….in a post above on this thread, one of the guys > mentioned that a dealer employee was trying to take advantage of > the discount, and that they tacked on a $1000 pinstripe. That > alone should tell you that even for employees, the dealer isn’t > going to miss out on some profit. > * Sent from RemarQ http://www.remarq.com The Internet’s Discussion Network * > The fastest and easiest way to search and participate in Usenet – Free!
Response:
You’re close. GM pays the dealer 5%. (not less holdback). However, both Ford and Chrysler, as well as the imports manufactured in this country offer similar programs. Chrysler’s is called "green sheet", I’m not certain of the program guidelines for the others because there are no plants for them in my area so I’ve not run across them. Ken.
– Hide quoted text — Show quoted text -> Well, it’s not exactly true that GM does not lose a penny on GMS pricing, As > I recall, GM pays the dealer 5% less the hold-back which means the dealer > makes 2%. On a $30,000 truck that’s $600 and you get a sale you might not > get otherwise. I think a lot of people would not buy GM if it were not for > the GMS pricing. To my knowledge Ford and Daimler-Chrysler don’t do this, so > it gives GM dealers a BIG advantage. > – GRL > "When someone annoys you, remember that it takes 42 muscles to frown, but > only 4 muscles > to extend your arm and smack them on the back of the head." > Well, I agree, it’s a good deal if you have a dealer that will > honor it. Most dealers who don’t do any kind of reasonable > volume would refuse it and even some that do. The friend of > mine who worked for Chrysler was in Memphis, TN, and that’s not > really a place that I would consider to have no volume dealers. > Another thing to think about is the fact that many volume > dealers will give buyers who don’t work for a supplier deals > close the GMS discount and still make a profit, if the buyer > knows how to deal. > Part of the problem is that your discount is coming out of the > dealer’s profit, and GM doesn’t lose a penny….I don’t really > think it should be that way, especially when you consider GM’s > profit on trucks and SUVs. > Another thing….in a post above on this thread, one of the guys > mentioned that a dealer employee was trying to take advantage of > the discount, and that they tacked on a $1000 pinstripe. That > alone should tell you that even for employees, the dealer isn’t > going to miss out on some profit. > * Sent from RemarQ http://www.remarq.com The Internet’s Discussion Network > * > The fastest and easiest way to search and participate in Usenet – Free!
Response:
Ken, thanks for the correction. If GM gives the dealer 5% plus the hold-back, that is not bad at all. I doubt that domestic dealers can do better than that on average, anyway. (Not counting ‘Vettes and such.) The company I work for offers employees GMS pricing and Ford "Fleet Buyer Appreciation" pricing, which is 4% over invoice. (Big deal on the Ford side, huh.) – GRL "When someone annoys you, remember that it takes 42 muscles to frown, but only 4 muscles to extend your arm and smack them on the back of the head."
– Hide quoted text — Show quoted text -> You’re close. GM pays the dealer 5%. (not less holdback). However, both > Ford and Chrysler, as well as the imports manufactured in this country offer > similar programs. Chrysler’s is called "green sheet", I’m not certain of > the program guidelines for the others because there are no plants for them > in my area so I’ve not run across them. > Ken. > Well, it’s not exactly true that GM does not lose a penny on GMS pricing, > As > I recall, GM pays the dealer 5% less the hold-back which means the dealer > makes 2%. On a $30,000 truck that’s $600 and you get a sale you might not > get otherwise. I think a lot of people would not buy GM if it were not for > the GMS pricing. To my knowledge Ford and Daimler-Chrysler don’t do this, > so > it gives GM dealers a BIG advantage. > – GRL > "When someone annoys you, remember that it takes 42 muscles to frown, but > only 4 muscles > to extend your arm and smack them on the back of the head." > > Well, I agree, it’s a good deal if you have a dealer that will > > honor it. Most dealers who don’t do any kind of reasonable > > volume would refuse it and even some that do. The friend of > > mine who worked for Chrysler was in Memphis, TN, and that’s not > > really a place that I would consider to have no volume dealers. > > Another thing to think about is the fact that many volume > > dealers will give buyers who don’t work for a supplier deals > > close the GMS discount and still make a profit, if the buyer > > knows how to deal. > > Part of the problem is that your discount is coming out of the > > dealer’s profit, and GM doesn’t lose a penny….I don’t really > > think it should be that way, especially when you consider GM’s > > profit on trucks and SUVs. > > Another thing….in a post above on this thread, one of the guys > > mentioned that a dealer employee was trying to take advantage of > > the discount, and that they tacked on a $1000 pinstripe. That > > alone should tell you that even for employees, the dealer isn’t > > going to miss out on some profit. > > * Sent from RemarQ http://www.remarq.com The Internet’s Discussion > Network > * > > The fastest and easiest way to search and participate in Usenet – Free!
Response:
No, sorry for the confusion. It’s 5% total. I had thought you were saying that GM paid the dealer 2% and did not pay holdback in your original post. They pay 2% PLUS holdback. Sheesh…the confusion. :) As for Ford’s 4% OVER INVOICE!! That doesn’t make any sense. Anyone could buy a car for that, unless you mean 4% over cost (which is a different fig. from invoice). Ken.
– Hide quoted text — Show quoted text -> Ken, thanks for the correction. > If GM gives the dealer 5% plus the hold-back, that is not bad at all. I > doubt that domestic dealers can do better than that on average, anyway. (Not > counting ‘Vettes and such.) > The company I work for offers employees GMS pricing and Ford "Fleet Buyer > Appreciation" pricing, which is 4% over invoice. (Big deal on the Ford side, > huh.) > – GRL > "When someone annoys you, remember that it takes 42 muscles to frown, but > only 4 muscles > to extend your arm and smack them on the back of the head." > You’re close. GM pays the dealer 5%. (not less holdback). However, both > Ford and Chrysler, as well as the imports manufactured in this country > offer > similar programs. Chrysler’s is called "green sheet", I’m not certain of > the program guidelines for the others because there are no plants for them > in my area so I’ve not run across them. > Ken. > > Well, it’s not exactly true that GM does not lose a penny on GMS > pricing, > As > > I recall, GM pays the dealer 5% less the hold-back which means the > dealer > > makes 2%. On a $30,000 truck that’s $600 and you get a sale you might > not > > get otherwise. I think a lot of people would not buy GM if it were not > for > > the GMS pricing. To my knowledge Ford and Daimler-Chrysler don’t do > this, > so > > it gives GM dealers a BIG advantage. > > – GRL > > "When someone annoys you, remember that it takes 42 muscles to frown, > but > > only 4 muscles > > to extend your arm and smack them on the back of the head." > > > Well, I agree, it’s a good deal if you have a dealer that will > > > honor it. Most dealers who don’t do any kind of reasonable > > > volume would refuse it and even some that do. The friend of > > > mine who worked for Chrysler was in Memphis, TN, and that’s not > > > really a place that I would consider to have no volume dealers. > > > Another thing to think about is the fact that many volume > > > dealers will give buyers who don’t work for a supplier deals > > > close the GMS discount and still make a profit, if the buyer > > > knows how to deal. > > > Part of the problem is that your discount is coming out of the > > > dealer’s profit, and GM doesn’t lose a penny….I don’t really > > > think it should be that way, especially when you consider GM’s > > > profit on trucks and SUVs. > > > Another thing….in a post above on this thread, one of the guys > > > mentioned that a dealer employee was trying to take advantage of > > > the discount, and that they tacked on a $1000 pinstripe. That > > > alone should tell you that even for employees, the dealer isn’t > > > going to miss out on some profit. > > > * Sent from RemarQ http://www.remarq.com The Internet’s Discussion > Network > > * > > > The fastest and easiest way to search and participate in Usenet – > Free!
Response:
The information web site we have says 4% over invoice. I know, it does not seem like a big deal to me either unless it’s on some short-supply Ford product. (Are there any?) That reminds of the first car my aunt ever bought. She went into a Ford dealership and paid full sticker on a new ~’71 LTD. She did not know any better. Then my father told her the facts of life (so to speak) and she went back to the dealer madder than… He actually gave her a couple hundred dollars back to get her out of his hair. (Having an old lady loudly speculating on your ancestry while you try to sell cars to other people must not have been an appealing idea to him.) – GRL "When someone annoys you, remember that it takes 42 muscles to frown, but only 4 muscles to extend your arm and smack them on the back of the head."
– Hide quoted text — Show quoted text -> No, sorry for the confusion. It’s 5% total. I had thought you were saying > that GM paid the dealer 2% and did not pay holdback in your original post. > They pay 2% PLUS holdback. Sheesh…the confusion. :) As for Ford’s 4% > OVER INVOICE!! That doesn’t make any sense. Anyone could buy a car for > that, unless you mean 4% over cost (which is a different fig. from invoice). > Ken. > Ken, thanks for the correction. > If GM gives the dealer 5% plus the hold-back, that is not bad at all. I > doubt that domestic dealers can do better than that on average, anyway. > (Not > counting ‘Vettes and such.) > The company I work for offers employees GMS pricing and Ford "Fleet Buyer > Appreciation" pricing, which is 4% over invoice. (Big deal on the Ford > side, > huh.) > – GRL > "When someone annoys you, remember that it takes 42 muscles to frown, but > only 4 muscles > to extend your arm and smack them on the back of the head." > > You’re close. GM pays the dealer 5%. (not less holdback). However, > both > > Ford and Chrysler, as well as the imports manufactured in this country > offer > > similar programs. Chrysler’s is called "green sheet", I’m not certain > of > > the program guidelines for the others because there are no plants for > them > > in my area so I’ve not run across them. > > Ken. > > > Well, it’s not exactly true that GM does not lose a penny on GMS > pricing, > > As > > > I recall, GM pays the dealer 5% less the hold-back which means the > dealer > > > makes 2%. On a $30,000 truck that’s $600 and you get a sale you might > not > > > get otherwise. I think a lot of people would not buy GM if it were not > for > > > the GMS pricing. To my knowledge Ford and Daimler-Chrysler don’t do > this, > > so > > > it gives GM dealers a BIG advantage. > > > – GRL > > > "When someone annoys you, remember that it takes 42 muscles to frown, > but > > > only 4 muscles > > > to extend your arm and smack them on the back of the head." > > > > Well, I agree, it’s a good deal if you have a dealer that will > > > > honor it. Most dealers who don’t do any kind of reasonable > > > > volume would refuse it and even some that do. The friend of > > > > mine who worked for Chrysler was in Memphis, TN, and that’s not > > > > really a place that I would consider to have no volume dealers. > > > > Another thing to think about is the fact that many volume > > > > dealers will give buyers who don’t work for a supplier deals > > > > close the GMS discount and still make a profit, if the buyer > > > > knows how to deal. > > > > Part of the problem is that your discount is coming out of the > > > > dealer’s profit, and GM doesn’t lose a penny….I don’t really > > > > think it should be that way, especially when you consider GM’s > > > > profit on trucks and SUVs. > > > > Another thing….in a post above on this thread, one of the guys > > > > mentioned that a dealer employee was trying to take advantage of > > > > the discount, and that they tacked on a $1000 pinstripe. That > > > > alone should tell you that even for employees, the dealer isn’t > > > > going to miss out on some profit. > > > > * Sent from RemarQ http://www.remarq.com The Internet’s Discussion > > Network > > > * > > > > The fastest and easiest way to search and participate in Usenet – > Free!
Response:
Exactly. I got my discount GMS+3% which was about $200 under dealer invoice on a new Silverado (apparently it varies with model). The dealer wanted to rape me on my trade-in. I shopped around until I found a dealer that would give me a reasonable amount for the old Ram. It took going to 5 dealers……hope y’all have better luck! – Hide quoted text — Show quoted text ->Ya, The dealers were not very interested when I was looking with the >discount. I have a 98 Pontiac GP and was looking at a new GMC Sierra and >they were not helpful at all. I don’t think they make much off of the deal. >One dealership even told a fellow employee of mine that they would have to >give him wholesale on his trade in due to the supplier discount. Now that >is just wrong. >I have not had a good experience, but you may. >Hope you have better luck. >Ryan > Does anyone have any experience with the GM Supplier Discount program?
Response:
Also, is the pricing on that site? I can’t find where it gives the prices other than MSRP….maybe I am missing it or something…. Any idea? – Hide quoted text — Show quoted text – > What kind of discount? Damn good if you ask me. Take for example the > truck I just ordered. ’03 GMC 2500 HD 4×4 reg cab SLE, auto, snow > prep, tow, auto, 6L, locking rear end, heated mirrors, fog lamps, > spare tire lock. MSRP $32,274 GMS price just over 27K. Kbb gives the > dealer invoice price of $28,300. > Plus, you are eligible for any discounts there are in effect at the > time of delivery. So, that looks like at least 2K although they keep > jerking around adding 1k, taking $500 back, etc. over the last couple > of weeks. > So, assume I was lucky and got the 3k back, then you are looking at > almost 8 grand off MSRP. > Not too bad, > Tony > BTW, try gmfamilyfirst.com for pricing info. I am not sure if they > will give the supplier price, but you can see the GMS price if you > sign up. >What kind of discount did you get in relation to the MSRP or invoice? >I am trying to figure out just how good the discount is so that I can >figure out what car/style/options I can afford.
Response:
Can you combine GM card benefits with the supplier discount?
– Hide quoted text — Show quoted text -> Does anyone have any information on the GM Supplier Discount? Any > experiences with it? I can get it through work, but the FAQ says the > price is figured at what a GM Employee would pay, plus 4%. What kind > of discounts to GM Employees get? FYI…I am looking at a Trail > Blazer. > Thanks for posting any information! > Scott
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> Can you combine GM card benefits with the supplier discount?
Yes! We had the GM supplier discount, current cash back rebate, GM card rebate, plus an extra $1000 rebate we received in the mail from GM card. Happy shopping!
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>Also, is the pricing on that site? I can’t find where it gives the >prices other than MSRP….maybe I am missing it or something…. Any >idea? <<snip>> > BTW, try gmfamilyfirst.com for pricing info. I am not sure if they > will give the supplier price, but you can see the GMS price if you > sign up.
^^^^^ 
Right on the first page, "sign up and join the family".
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>What does GMS stand for? I am looking at a TrailBlazer, and I am >trying to find out what I should pay before narrowing down the one I >want… >Thanks
Well, it used to stand for GM Stock….They also had GMO (GM order). Two different prices depending on whether or not you bought one on the lot or ordered one. They combined it into just GMS now. Don’t really know (and really don’t care) what they call it now. As long as it’s $$$ off, I’m happy. BTW, if you are looking at the gmfamilyfirst.com website with IE 6, there is a FAQ item that tells you how to modify the cookie settings to allow the gmbuypower to work properly.
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What kind of discount? Damn good if you ask me. Take for example the truck I just ordered. ’03 GMC 2500 HD 4×4 reg cab SLE, auto, snow prep, tow, auto, 6L, locking rear end, heated mirrors, fog lamps, spare tire lock. MSRP $32,274 GMS price just over 27K. Kbb gives the dealer invoice price of $28,300. Plus, you are eligible for any discounts there are in effect at the time of delivery. So, that looks like at least 2K although they keep jerking around adding 1k, taking $500 back, etc. over the last couple of weeks. So, assume I was lucky and got the 3k back, then you are looking at almost 8 grand off MSRP. Not too bad, Tony BTW, try gmfamilyfirst.com for pricing info. I am not sure if they will give the supplier price, but you can see the GMS price if you sign up. – Hide quoted text — Show quoted text ->What kind of discount did you get in relation to the MSRP or invoice? >I am trying to figure out just how good the discount is so that I can >figure out what car/style/options I can afford.
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What does GMS stand for? I am looking at a TrailBlazer, and I am trying to find out what I should pay before narrowing down the one I want… Thanks – Hide quoted text — Show quoted text – > What kind of discount? Damn good if you ask me. Take for example the > truck I just ordered. ’03 GMC 2500 HD 4×4 reg cab SLE, auto, snow > prep, tow, auto, 6L, locking rear end, heated mirrors, fog lamps, > spare tire lock. MSRP $32,274 GMS price just over 27K. Kbb gives the > dealer invoice price of $28,300. > Plus, you are eligible for any discounts there are in effect at the > time of delivery. So, that looks like at least 2K although they keep > jerking around adding 1k, taking $500 back, etc. over the last couple > of weeks. > So, assume I was lucky and got the 3k back, then you are looking at > almost 8 grand off MSRP. > Not too bad, > Tony > BTW, try gmfamilyfirst.com for pricing info. I am not sure if they > will give the supplier price, but you can see the GMS price if you > sign up. >What kind of discount did you get in relation to the MSRP or invoice? >I am trying to figure out just how good the discount is so that I can >figure out what car/style/options I can afford.
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Scott, The GM supplier price is figured just exactly how you have been told. GM employee price plus 4%. This will equal a few hundred dollars less than dealer invoice. It will be listed on the invoice and the dealer is required to show that to you if you have your Supplier paperwork. Unlike GM employees though, the vehicle has to be bought by the actual supplier employee. Your spouse may be on the contract, or if you need a cosigner, you have to be listed as the main buyer. Good luck with your purchase. Jerry H.– retired Sales Manager
> What kind of discount did you get in relation to the MSRP or invoice? > I am trying to figure out just how good the discount is so that I can > figure out what car/style/options I can afford. > Thanks, > Scott
– Hide quoted text — Show quoted text -> Hello Scott, > We used the GM Supplier discount to purchase a new vehicle. Go to > www.gmsupplier.net for all the details. It’s WELL worth the little bit of > paperwork. > > Does anyone have any information on the GM Supplier Discount? Any > > experiences with it? I can get it through work, but the FAQ says the > > price is figured at what a GM Employee would pay, plus 4%. What kind > > of discounts to GM Employees get? FYI…I am looking at a Trail > > Blazer. > > Thanks for posting any information! > > Scott
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Does anyone have any information on the GM Supplier Discount? Any experiences with it? I can get it through work, but the FAQ says the price is figured at what a GM Employee would pay, plus 4%. What kind of discounts to GM Employees get? FYI…I am looking at a Trail Blazer. Thanks for posting any information! Scott
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Hello Scott, We used the GM Supplier discount to purchase a new vehicle. Go to www.gmsupplier.net for all the details. It’s WELL worth the little bit of paperwork.
– Hide quoted text — Show quoted text -> Does anyone have any information on the GM Supplier Discount? Any > experiences with it? I can get it through work, but the FAQ says the > price is figured at what a GM Employee would pay, plus 4%. What kind > of discounts to GM Employees get? FYI…I am looking at a Trail > Blazer. > Thanks for posting any information! > Scott
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What kind of discount did you get in relation to the MSRP or invoice? I am trying to figure out just how good the discount is so that I can figure out what car/style/options I can afford. Thanks, Scott – Hide quoted text — Show quoted text – > Hello Scott, > We used the GM Supplier discount to purchase a new vehicle. Go to > www.gmsupplier.net for all the details. It’s WELL worth the little bit of > paperwork. > Does anyone have any information on the GM Supplier Discount? Any > experiences with it? I can get it through work, but the FAQ says the > price is figured at what a GM Employee would pay, plus 4%. What kind > of discounts to GM Employees get? FYI…I am looking at a Trail > Blazer. > Thanks for posting any information! > Scott
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It varies by vehicle.. GM sends you a letter with the GM supplier price for each model. It looks like it varies from 8% to 10% off MSRP. But you also don’t have to pay other dealer fees like "advertising fee", "documentation fee", etc (at least that’s what happened in our case).
> What kind of discount did you get in relation to the MSRP or invoice? > I am trying to figure out just how good the discount is so that I can > figure out what car/style/options I can afford. > Thanks, > Scott
– Hide quoted text — Show quoted text -> Hello Scott, > We used the GM Supplier discount to purchase a new vehicle. Go to > www.gmsupplier.net for all the details. It’s WELL worth the little bit of > paperwork. > > Does anyone have any information on the GM Supplier Discount? Any > > experiences with it? I can get it through work, but the FAQ says the > > price is figured at what a GM Employee would pay, plus 4%. What kind > > of discounts to GM Employees get? FYI…I am looking at a Trail > > Blazer. > > Thanks for posting any information! > > Scott
