|
|
08-27-2003, 09:40 AM
|
|
|
Join Date: Apr 2003
Posts: 29
|
|
Folks,
I've been lurking on this forum for a couple
of months - you folks are the best and make this a really informative group.
Today's the day I pull the trigger on my H2!
(The wife finally gave the thumbs up ;-).
I have a GM supplier discount and was wondering
if it's a wash cost-wise to go with a 2003 or 2004, or if I can do better on a 2003 because of the inventory glut (my local delaer is showing 88 2003 H2's in stock!). Any info would be greatly appreciated.
|
08-27-2003, 09:40 AM
|
|
|
Join Date: Apr 2003
Posts: 29
|
|
Folks,
I've been lurking on this forum for a couple
of months - you folks are the best and make this a really informative group.
Today's the day I pull the trigger on my H2!
(The wife finally gave the thumbs up ;-).
I have a GM supplier discount and was wondering
if it's a wash cost-wise to go with a 2003 or 2004, or if I can do better on a 2003 because of the inventory glut (my local delaer is showing 88 2003 H2's in stock!). Any info would be greatly appreciated.
|
08-27-2003, 10:43 AM
|
|
|
Join Date: Mar 2003
Location: Trumbull, CT
Posts: 12
|
|
Chewy --- please share your story as I am a few months behind you insofar as "trigger-pulling" is concerned but also have the GMS discount paper work in hand good thru 12-03. What little I've seen so far indicates a $725 price increase in MSRP and option prices same as '03?? ... Are you thinking that you can get add'l $ off beyond the GMS discount?? .. that seems strange to me in light of the conversations I've had with (3) separate dealers who have already agreed to take my GMS.
Brian
|
08-27-2003, 12:06 PM
|
|
|
Join Date: Jun 2003
Location: Houston, Texas
Posts: 34
|
|
In my past experience the only way you can get under GMS is if there are additional incentives to buy ie: $$'s off msrp. Dealers are supposed to honor the incentives even if it is GMS purchase, GM reimburses the dealership. (as long as the incentive applies to the vehicle being purchased)
|
08-27-2003, 12:52 PM
|
Hummer Professional
|
|
Join Date: Jul 2003
Location: Export, PA
Posts: 295
|
|
You should get GMS pricing plus and additional $2000 off since there is a $2000 factory to dealer incentive now.
03 Sunset H2!
89 Vette
02 Escalade
|
08-27-2003, 01:54 PM
|
Hummer Veteran
|
|
Join Date: Aug 2003
Location: St. Louis, MO
Posts: 187
|
|
Is GMS pricing 20% off invoice?
|
08-27-2003, 02:16 PM
|
Hummer Expert
|
|
Join Date: Jun 2003
Location: L.A. California
Posts: 959
|
|
Chewy, I purchase a GMS vehicle each year so here is how you do it.
First, the dealer cannot mess with a GMS price. They are audited albeit infrequent, so you can be confident you are getting an accurate price. Second, 89 vette is correct in saying any other factory incentives are in addition to your GMS price, however, beware some dealers won't tell you this so you need to be proactive about it. Third, equally important is your financing rate. They could try to sting you there so check around, make sure your dealer is rated platinum because they get better rates from GM and are able to pass them along. This could be up to 1% savings from dealer to dealer. Most often I go with GMAC finance. You are probably eligible for incentives with the finance as well but you can check at gmfamilyfirst.com to be sure. Don't let them stick you for the extras ie. side steps, roof rack, chrome wheels etc, on-star sucks so don't pay for any extra services. On-star does, however, reduce your insurance rate because the vehicle can be tracked if stolen. Be sure to advise your insurance agent of this.
Most of this is my experience in buying many GMS vehicles with a couple of opinions.
Good Luck and try to enjoy the process.
|
08-28-2003, 07:00 AM
|
|
|
Join Date: Apr 2003
Posts: 29
|
|
Thanks for all of the replys. Turns out (as some of you thought) you get the $2000 incentive on top of the GMS discount. So I'm getting a LUX with sunroof, third row seat, and air suspension. Sticker is ~$55,000, GMS price is ~$48,000, so final price is ~$46,000.
Thanks Buckeye for the heads up on the financing, I'll be having that discussion today. If all goes well, it's in my driveway tonight!
BTW, the dealer threw in an Airraid setup, Borla headers and a Corsa Touring exhaust system for $2200 installed. Their normal pricing would have been $3400, so I'm pleased (and a bit surprised) that they discounted that too.
|
08-28-2003, 08:33 AM
|
|
|
Join Date: Mar 2003
Location: Trumbull, CT
Posts: 12
|
|
Chewy --- Do you mind revealing who your dealer is? What color did you go with??
Brian
|
08-28-2003, 12:06 PM
|
Hummer Expert
|
|
Join Date: Jun 2003
Location: L.A. California
Posts: 959
|
|
Way to go Chewy! Get a great finance rate and you will be the purchase hero for all. Nice job getting the discounts on the aftermarket stuff too!
Remember, you must post a pic of your new ride when you bring it home
|
08-28-2003, 12:46 PM
|
|
|
Join Date: Apr 2003
Posts: 29
|
|
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by CTHUMMER2:
Chewy --- Do you mind revealing who your dealer is? What color did you go with??
Brian<HR></BLOCKQUOTE>
Not at all. It's Criswell Hummer in Gaithersburg, MD. ( www.criswellhummer.com).
After a long running debate between black and yellow, I went with black.
|
08-28-2003, 02:43 PM
|
|
|
Join Date: Aug 2003
Location: Dunkirk, MD USA
Posts: 5
|
|
Thinking of an H2 and Criswell is near my home..
What is the GMS price? Who can qualify
for it?
Seems H2 has alot of inventory and prices are great!
Thanks in advance.
|
08-28-2003, 03:06 PM
|
|
|
Join Date: Mar 2003
Location: Trumbull, CT
Posts: 12
|
|
Thanks Chewy ... great job ... love both colors, in fact just did a 24 hr test drive w/ a black one in Florida last month while on VACA .... but the Vette is Black .. so my H2 will be Yellow!
Brian
Lenny - GMS discount is a discount program offered to employees of companies (suppliers) that do business with GM. My company (United Technologies Corp.) does, so I put in the paperwork they required (back in April) and they sent me back a form which I present to the dealer through 12-03 enabling me a big discount off MSRP ... for my Hummer it works out to @ $5K. This thread and Chewy made me realize that dealer incentives (currently $2K) are over and above that figure. Not a bad deal.
|
08-28-2003, 04:15 PM
|
Hummer Professional
|
|
Join Date: Jul 2003
Location: Export, PA
Posts: 295
|
|
GMS is the GM Sold price reserved for direct employees and eligable family members. You are buying ir for the GM Supplier price which is employee price + 4%. I'm surprised that your supplier price is that much off. Usually the supplier price is about $4.5K off sticker plus the rebate for a total of $6.5K. My truck sticker was $53965 and I bought it for $47390 or $6575.00 off sticker. An employee could have bought it for around $45.5K.
I mention this because I thought my supplier certificate was good for GMS pricing but I was wrong. The supplier price is like a couple hundred over invoice.
03 Sunset H2!
89 Vette
02 Escalade
[This message was edited by 89vette on 08-28-03 at 11:26 AM.]
|
08-29-2003, 08:53 AM
|
|
|
Join Date: Apr 2003
Posts: 29
|
|
89vette - You are correct. I closed the deal last night. I found out that (as you said) there is a difference between GMS pricing, which is for GM employees, and GM supplier pricing, which is what I had. (Silly me to think that GMS might stand for GM Supplier).
When they went to finalize the deal, they realized the mistake. So my final deal was sticker $55,140 minus GM supplier discount of ~$4700 minus $2000 rebate -> ~$48,500.
|
08-29-2003, 11:22 AM
|
|
|
Join Date: Mar 2003
Location: Trumbull, CT
Posts: 12
|
|
Chewy ... thanks for the clarification .. those #'s now make total sense to me as I was quoted $4574 off my H2 (GM supplier disc.) ... sounds like you did great. Enjoy your HUMMER!!!
Brian
|
08-29-2003, 11:42 AM
|
Hummer Professional
|
|
Join Date: Jul 2003
Location: Export, PA
Posts: 295
|
|
I thought the same thing. GMS=GM Supplier seemed logical. The important thing is that you got your H2! Enjoy it and be prepared to get to know the folks at the local gas station very well. I'm thinking of puttng a mailbox there.
03 Sunset H2!
89 Vette
02 Escalade
|
08-29-2003, 12:24 PM
|
|
|
Join Date: Apr 2003
Posts: 29
|
|
Thanks to all. I'm on cloud 9!
Next step is to pick a vanity plate. I just
checked and "F ELF" is available. Do you
think that's begging for trouble?
|
08-29-2003, 12:35 PM
|
H2 Club Houston Chapter Founder
|
|
Join Date: May 2003
Posts: 244
|
|
My H2 stickered for $54,690, and then with GMS it was $50,110 and then after $2000 incentive cash it was $48,110... Then I put another $4000 on top of that so, there you have I paid $44,110 and it was simple, and thanks to Jim March for the help in my time of need...
|
08-29-2003, 01:00 PM
|
Hummer Professional
|
|
Join Date: Jul 2003
Location: Export, PA
Posts: 295
|
|
Great idea! May want to consider FU ELF or FK ELF! Do you remember those decals of Mickey Mouse in the early 80's during the Iran Hostage Crisis? They had Mickey flipping the bird with the slogan "Hey Iran" underneath. We need something like that.
03 Sunset H2!
89 Vette
02 Escalade
|
Thread Tools |
Search this Thread |
|
|
Display Modes |
Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
All times are GMT +1. The time now is 08:33 PM.
|