Chevrolet Employee Discount__thoughts

Top of the evening,

The advertisments claim that GM is giving everyone the Employee Discount on
most of their vehicles through the 4th of July. It seems to be working
around here, a lot of new cars on the road with Dealer tags.

What are the thoughts of the group, do you think this will be done by other
manufacturers? Do you think it will be done again for GM. etc....

thanks to all

All they've done is piss away their Resale Value even more. Poor Chevrolet.
Toyota's Rock!

--

The Real Picard

"Loving God & Loving People - The 2 most important things to me!"

[url]http://www.turreteast.com[/url]
-----------------------------------------------------------------
"Lomax" <Get_bacon@pork.org> wrote in message
news:tEmve.21547$FP2.7823@lakeread03...[color=blue]
> Top of the evening,
>
> The advertisments claim that GM is giving everyone the Employee Discount
> on most of their vehicles through the 4th of July. It seems to be
> working around here, a lot of new cars on the road with Dealer tags.
>
> What are the thoughts of the group, do you think this will be done by
> other manufacturers? Do you think it will be done again for GM. etc....
>
> thanks to all
>[/color]

"Lomax" <Get_bacon@pork.org> wrote in message
news:tEmve.21547$FP2.7823@lakeread03...[color=blue]
> Top of the evening,
>
> The advertisments claim that GM is giving everyone the Employee Discount
> on most of their vehicles through the 4th of July. It seems to be
> working around here, a lot of new cars on the road with Dealer tags.
>
> What are the thoughts of the group, do you think this will be done by
> other manufacturers? Do you think it will be done again for GM. etc....
>
> thanks to all[/color]
GM's employee discount program is designed to sell the excess vehicle
inventory prior to introduction of 2006 model year vehicles. Whether GM
will continue it after the current one ends depends on whether they sell
enough vehicles to easy dealers' inventory burdens in the current promotion.
The amount of remaining inventory on dealer lots will dictate the next level
of incentives.

Other manufacturers will watch to see how successful GM's promotion is and
its effect on their own sales. If their own dealer inventory is too high
then they will have to offer an enticing promotion of their own or lose
market share. The manufacturer most likely to be impacted heavily by the
program is Ford, whose dealers also seem to have a fairly high days supply.
--
Ray O
correct the return address punctuation to reply

"The Real Picard" wrote:[color=blue]
>All they’ve done is piss away their Resale Value even more.
>Poor Chevrolet.
>Toyota’s Rock!
>[/color]

Not so sure about that part. GM trucks seem to hold value well. A
friend of mine just bought a Chevy 2500 4x4 crew cab long bed with a
diesel and it was several thousand dollars less than a Dodge. He was
close to buying a Dodge before they killed the rebates on the Cummins
trucks the first of June and while the Dode was cheaper than the Chevy
was in May (because GM had no real rebate on Dmax trucks then) The
lower costs by added a 3000 rebate on top of employee price and he got
nearly 11K off of sticker and more than he could on a Dodge even in
May. He tried to buy a Dodge still one day before he bought the Chevy
but they were about 3 grand more for a like model so he went with the
Chevy instead and got a proven 5 speed auto instead of a 4 speed too.
If Dodge had matched the prices, he might have bought the Dodge but
Dodge screwed up by not matching prices of Ford and GM trucks in June
and the Dodge trucks he was looking at are still sitting on the lots
too a few weeks later and the Chevy trucks here are going fast and
nearly gone now! Never seen them move so quickly this time of year.

--
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They are merely stealing future sales and ruining (further) the resale value
of their brand. A short term strategy at the expense of long term health of
the company. They SHOULD have closed factories after 9/11 and fessed up to
the fact that the demand was just not there. Instead they pumped more and
more and more unwanted vehicles on the public by ever upping the ante with
price cuts disguised as rebates. It's now 4 years later and they much worse
off for it.



"Lomax" <Get_bacon@pork.org> wrote in message
news:tEmve.21547$FP2.7823@lakeread03...[color=blue]
> Top of the evening,
>
> The advertisments claim that GM is giving everyone the Employee Discount
> on most of their vehicles through the 4th of July. It seems to be
> working around here, a lot of new cars on the road with Dealer tags.
>
> What are the thoughts of the group, do you think this will be done by
> other manufacturers? Do you think it will be done again for GM. etc....
>
> thanks to all
>[/color]

GM has extend the sale until the end of July. Ford and Chrysler
have been matching GMs discounts on most models.

The only real difference from one brand to another today is style
and price and price sells the vehicle. When I was still in
retail the last question a customer would ask my salesman before
signing on the dotted line was always "How much is my monthly
payment?" ;)


mike hunt



Lomax wrote:[color=blue]
>
> Top of the evening,
>
> The advertisments claim that GM is giving everyone the Employee Discount on
> most of their vehicles through the 4th of July. It seems to be working
> around here, a lot of new cars on the road with Dealer tags.
>
> What are the thoughts of the group, do you think this will be done by other
> manufacturers? Do you think it will be done again for GM. etc....
>
> thanks to all[/color]

That is a common misconception.. The true value of a used
vehicle is the percentage of the original drive home price,
retained at a particle time, not the original MSRP.

I. E. Brand Y and X have an MSRP of 30K when new. Brand Y is
worth $4,000 more than Brand X in two years, but brand Y cost
$6,000 more to drive home when new, than brand X. Therefore
brand X has a far better resale value used. The buyer that is
really effected is the buyer that paid more to by HIS Brand X
previously


mike hunt



The Real Picard wrote:[color=blue]
>
> All they've done is piss away their Resale Value even more. Poor Chevrolet.
> Toyota's Rock!
>
> --
>
> The Real Picard
>
> "Loving God & Loving People - The 2 most important things to me!"
>
> [url]http://www.turreteast.com[/url]
> -----------------------------------------------------------------
> "Lomax" <Get_bacon@pork.org> wrote in message
> news:tEmve.21547$FP2.7823@lakeread03...[color=green]
> > Top of the evening,
> >
> > The advertisments claim that GM is giving everyone the Employee Discount
> > on most of their vehicles through the 4th of July. It seems to be
> > working around here, a lot of new cars on the road with Dealer tags.
> >
> > What are the thoughts of the group, do you think this will be done by
> > other manufacturers? Do you think it will be done again for GM. etc....
> >
> > thanks to all
> >[/color][/color]

I was watching a news (probably FOX) channel a few weeks ago. One of
the GM dealers, I believe in Chicago area, was selling all their SUV
types at 25% off MSRP. Said with gas prices, to the interviewer, that
they were still moving off the lot slowly.

Ron
<RustyFendor@mailcity.com> wrote in message
news:42BEADA2.79244E87@mailcity.com...[color=blue]
> GM has extend the sale until the end of July. Ford and Chrysler
> have been matching GMs discounts on most models.
>
> The only real difference from one brand to another today is style
> and price and price sells the vehicle. When I was still in
> retail the last question a customer would ask my salesman before
> signing on the dotted line was always "How much is my monthly
> payment?" ;)
>
>
> mike hunt
>
>
>
> Lomax wrote:[color=green]
>>
>> Top of the evening,
>>
>> The advertisments claim that GM is giving everyone the Employee
>> Discount on
>> most of their vehicles through the 4th of July. It seems to be
>> working
>> around here, a lot of new cars on the road with Dealer tags.
>>
>> What are the thoughts of the group, do you think this will be done
>> by other
>> manufacturers? Do you think it will be done again for GM.
>> etc....
>>
>> thanks to all[/color][/color]

"D.D. Palmer" wrote:[color=blue]
>They are merely stealing future sales and ruining (further) the[/color]
resale[color=blue]
>value of their brand. A short term strategy at the expense of long
>term health of the company. They SHOULD have closed factories after
>9/11 and fessed up to the fact that the demand was just not there.
>Instead they pumped more and more and more unwanted vehicles on the
>public by ever upping the ante with price cuts disguised as rebates.
>It’s now 4 years later and they much worse
>off for it.
>
>[/color]

I do tend to agree with you that they should have bitten the bullet
after 9/11 and tightened their belt but it will check itself one day
because labors costs are killing detriot and vehical prices are
getting rediculous and the new pricing which is really nothing new as
employee price is invoice minus the 3% dealer hold back and I will not
not buy a car that it not at or below invoice before any rebates and
the current promo just places the discounts on the table for all to
see. GM is considering doing away with the sticker/Invoice thing all
together to boost long term sales. There is going to be a rocky road
for Detroit until they get the costs under control and I see a VERY
BIG UAW strike in the next few years about it too.

--
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Articles individually checked for conformance to usenet standards
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The UAW is the problem but in all fairness management is too. The UAW is
milking the cow to death and management, which sees this death coming, is
trying to grab all it can while it can. It might be too late...it's just too
big an organization to deftly switch course.


"SnoMan" <UseLinkToEmail@AutoForumz.com> wrote in message
news:1_615282_1dafa2aff90f6157a14f68ad25ba67de@autoforumz.com...[color=blue]
> "D.D. Palmer" wrote:[color=green]
>>They are merely stealing future sales and ruining (further) the[/color]
> resale[color=green]
>>value of their brand. A short term strategy at the expense of long
>>term health of the company. They SHOULD have closed factories after
>>9/11 and fessed up to the fact that the demand was just not there.
>>Instead they pumped more and more and more unwanted vehicles on the
>>public by ever upping the ante with price cuts disguised as rebates.
>>It's now 4 years later and they much worse
>>off for it.
>>
>>[/color]
>
> I do tend to agree with you that they should have bitten the bullet
> after 9/11 and tightened their belt but it will check itself one day
> because labors costs are killing detriot and vehical prices are
> getting rediculous and the new pricing which is really nothing new as
> employee price is invoice minus the 3% dealer hold back and I will not
> not buy a car that it not at or below invoice before any rebates and
> the current promo just places the discounts on the table for all to
> see. GM is considering doing away with the sticker/Invoice thing all
> together to boost long term sales. There is going to be a rocky road
> for Detroit until they get the costs under control and I see a VERY
> BIG UAW strike in the next few years about it too.
>
> --
> Posted using the [url]http://www.autoforumz.com[/url] interface, at author's request
> Articles individually checked for conformance to usenet standards
> Topic URL:
> [url]http://www.autoforumz.com/Toyota-Chevrolet-Employee-Discount__thoughts-ftopict126193.html[/url]
> Visit Topic URL to contact author (reg. req'd). Report abuse:
> [url]http://www.autoforumz.com/eform.php?p=615282[/url][/color]

Truck always move fast. The number one selling vehicle in the
country is the Ford F150 and has been for 28 years, at a rate
more than twice that of the number one car, the Camry. The Ford
'F' Series is the number one selling truck line. Ford sell more
of them than all of Toyota and Lexus car and trucks combined.
Americans love trucks. The Chevy Silverado is number two in
sales and the Dodge is number three, all outselling the nearest
cars by hundreds of thousands per year. GM is actually the
number one seller of trucks, not Ford, but GM sells TWO trucks
brands, chevy and GMC, not one as does Ford. Same is true of
cars, GM sells more cars than anyone but as more brands The
number of trucks sold in the USA today by GM, Ford and Dodge is
greater than the total of ALL of the vehicles, cars and trucks,
sold in the US in 1980. Total vehicle sales today is more that
double those of 1980. The is why GM, Ford and Chrysler sell more
vehicle today then they did back then even with their smaller
share of the market today. Back then there were less than a half
dozen brands, now there is over twenty.. All competing for your
dollars and that is why the prices are so good, its a buyers
market.


mike hunt



SnoMan wrote:[color=blue]
>
> "The Real Picard" wrote:[color=green]
> >All they’ve done is piss away their Resale Value even more.
> >Poor Chevrolet.
> >Toyota’s Rock!
> >[/color]
>
> Not so sure about that part. GM trucks seem to hold value well. A
> friend of mine just bought a Chevy 2500 4x4 crew cab long bed with a
> diesel and it was several thousand dollars less than a Dodge. He was
> close to buying a Dodge before they killed the rebates on the Cummins
> trucks the first of June and while the Dode was cheaper than the Chevy
> was in May (because GM had no real rebate on Dmax trucks then) The
> lower costs by added a 3000 rebate on top of employee price and he got
> nearly 11K off of sticker and more than he could on a Dodge even in
> May. He tried to buy a Dodge still one day before he bought the Chevy
> but they were about 3 grand more for a like model so he went with the
> Chevy instead and got a proven 5 speed auto instead of a 4 speed too.
> If Dodge had matched the prices, he might have bought the Dodge but
> Dodge screwed up by not matching prices of Ford and GM trucks in June
> and the Dodge trucks he was looking at are still sitting on the lots
> too a few weeks later and the Chevy trucks here are going fast and
> nearly gone now! Never seen them move so quickly this time of year.
>
>[/color]

Use your head man. The transportation, travel and hotel industry
had dropped off the map and thousands were being laid off.
Demand for all the services use by those industries was dropping
off fast as well, with the prospect of thousands more loosing
their jobs. Economist credit GMs going to Zero financing,
forcing the auto industry and others to follow, preventing the
county from going into a deep recession or even a depression
after 9/11, just as the country was starting to come out of a
minor recession.



mike hunt



"D.D. Palmer" wrote:[color=blue]
>
> They are merely stealing future sales and ruining (further) the resale value
> of their brand. A short term strategy at the expense of long term health of
> the company. They SHOULD have closed factories after 9/11 and fessed up to
> the fact that the demand was just not there. Instead they pumped more and
> more and more unwanted vehicles on the public by ever upping the ante with
> price cuts disguised as rebates. It's now 4 years later and they much worse
> off for it.
>[/color]

Today the Japanese have the advantage of lower wages and fewer
benefits, lower costs of parts they use that are mostly made off
shore, no US federal income taxes and higher drive home prices
because many wrongly think they are better cars.. Worst of all
there are a $#it load of Americans willing to send the jobs of
their children and grand children off shore, along with all the
profits the Japanese take out of the courtly with them. The
greed of the American consumer defies logic. We should be as
smart as the Japanese consumer, they buy things made in their own
county and only buy imports that they do not produce.


mike hunt



"D.D. Palmer" wrote:[color=blue]
>
> The UAW is the problem but in all fairness management is too.[/color]

Lets try top-posting for dusty ass rustyboy

The best way to encourage Americans to buy their own, is to HIRE them
to MAKE THEIR OWN. That is what Unions are "supposed" to be for... but
lets face it, McCain Feingold really kicked their collective asses.

Now, I'd take a Geo Prizm if it had under 100k and copious service
records... cold AC.... Nuttin wrong with being part trading colony,
after all that's what we used to be so damn _GOOD AT_

[email]RustyFendor@mailcity.com[/email] wrote:[color=blue]
> Use your head man. The transportation, travel and hotel industry
> had dropped off the map and thousands were being laid off.
> Demand for all the services use by those industries was dropping
> off fast as well, with the prospect of thousands more loosing
> their jobs. Economist credit GMs going to Zero financing,
> forcing the auto industry and others to follow, preventing the
> county from going into a deep recession or even a depression
> after 9/11, just as the country was starting to come out of a
> minor recession.
>
>
>
> mike hunt
>
>
>
> "D.D. Palmer" wrote:[color=green]
> >
> > They are merely stealing future sales and ruining (further) the resale value
> > of their brand. A short term strategy at the expense of long term health of
> > the company. They SHOULD have closed factories after 9/11 and fessed up to
> > the fact that the demand was just not there. Instead they pumped more and
> > more and more unwanted vehicles on the public by ever upping the ante with
> > price cuts disguised as rebates. It's now 4 years later and they much worse
> > off for it.
> >[/color][/color]

On Sun, 26 Jun 2005 19:14:53 -0400, some stupid top-posting,
nym-shifting troll, currently calling himself RustyFendor wrote:
[color=blue]
>Today the Japanese have the advantage of lower wages and fewer
>benefits, lower costs of parts they use that are mostly made off
>shore, no US federal income taxes and higher drive home prices
>because many wrongly think they are better cars.. Worst of all
>there are a $#it load of Americans willing to send the jobs of
>their children and grand children off shore, along with all the
>profits the Japanese take out of the courtly with them. The
>greed of the American consumer defies logic. We should be as
>smart as the Japanese consumer, they buy things made in their own
>county and only buy imports that they do not produce.[/color]

But the Japanese manufacturers haven't resigned-themselves to making
mediocre products that rely on patriotism to maintain market share.
They aggressively pursue growth.

I mean, come on, look at GM's car line-up. (Still) the biggest car
manufacturer on the planet, and what a bunch of crap!