Mono Posted August 27, 2004 Share Posted August 27, 2004 I have seen a number of folks getting the new GT's at slightly over invoice price already. This just seems unusal since this car is brand new this year. Makes me concerned about it's resale value. WRX STi's are selling closer to sticker. Is this due to a shortage in production numbers for the WRX STi? Link to comment Share on other sites More sharing options...
Smada Posted August 27, 2004 Share Posted August 27, 2004 Supply and demand.. simple economics.. maybe some marketing/sales? Granted there appears to be a voracious appetite for this car based on the posters of this board, but then again this isn't a representative sample of the general population :) Most people I talk to don't really know about the new legacy or have heard about it.. yet.. hopefully.. Link to comment Share on other sites More sharing options...
frankcal Posted August 27, 2004 Share Posted August 27, 2004 The answer is inflated invoice prices. In my opinion, I think the invoice price is the best thing that ever happened to car dealers. Let see, the majority of ppl here are getting their Legacies at $100-$500 over invoice. That means the dealership is only making and average of $300 per car sold. How do they stay in business???? Are there additional transactions between the dealer and the manufacturer that they do not disclose? I went into the local sealership and without negotiation they were selling me a 2005 LGT for $500 over invoice. With that being said....the Legacy is the best value with respect to performance, luxury, and utility out there right now. I would pay invoice. Link to comment Share on other sites More sharing options...
rao Posted August 27, 2004 Share Posted August 27, 2004 Subaru has a 3% holdback so the dealers can make a decent profit by selling the car at invoice. The cars are selling at or near invoice for one reason - the market. That's what they are worth. Rob IF YOU CARE ABOUT YOUR CAR YOU SHOULD NEVER DRIVE IT Link to comment Share on other sites More sharing options...
mccorry Posted August 27, 2004 Share Posted August 27, 2004 [quote name='rao']Subaru has a 3% holdback so the dealers can make a decent profit by selling the car at invoice. The cars are selling at or near invoice for one reason - the market. That's what they are worth.[/quote] +1 Link to comment Share on other sites More sharing options...
recuomo Posted August 27, 2004 Share Posted August 27, 2004 [quote name='frankcal']The answer is inflated invoice prices. In my opinion, I think the invoice price is the best thing that ever happened to car dealers. Let see, the majority of ppl here are getting their Legacies at $100-$500 over invoice. That means the dealership is only making and average of $300 per car sold. How do they stay in business???? Are there additional transactions between the dealer and the manufacturer that they do not disclose? I went into the local sealership and without negotiation they were selling me a 2005 LGT for $500 over invoice. With that being said....the Legacy is the best value with respect to performance, luxury, and utility out there right now. I would pay invoice.[/quote] The dealer holdback on my GT Limited was $1188 plus $200 advertising credit. I paid $500 over invoice so the total dealer profit was $1888 for a car that sat on his lot less than 24 hours. Not too bad! Link to comment Share on other sites More sharing options...
rao Posted August 27, 2004 Share Posted August 27, 2004 Yep, the holdback is 3% of the MSRP of the car. Rob IF YOU CARE ABOUT YOUR CAR YOU SHOULD NEVER DRIVE IT Link to comment Share on other sites More sharing options...
SC GT Posted August 27, 2004 Share Posted August 27, 2004 Yeah, the quicker they get them off their lot, the more of the holdback they get to keep. Plus, the more they sell, the bigger allocation they get from the next batch. Link to comment Share on other sites More sharing options...
MaStaMooN Posted August 27, 2004 Share Posted August 27, 2004 I ordered my LGT on Monday for invoice. I told them I was able to get the VIP pricing so they could either just give it to me for invoice now or wait for me to get that piece of paper. They just gave me the price w/out the VIP paper. I am still going to get the VIP paper though, just in case. I pulled the exact car I wanted up on edmunds.com right in front of the salesman.. he looked at the price and said.. OK you can have it for that. Pine Belt Subaru, Brick, NJ 08723 :D Jon - vBGarage Profile Link to comment Share on other sites More sharing options...
Viperenvy Posted August 27, 2004 Share Posted August 27, 2004 It's simple, the car industry is down on pure volume. Why not sell a car like the legacy gt that honestly over half of our customers have no clue have been redesigned and about 80% of the people on the street don't know was redesigned. It's an 05 and there are plenty sitting on the lots and they can always make more. So push them out for invoice or lower who cares. It gets the car on the street, word spreading and sales rolling on a redesign. Thing is this is the time to buy it cause the idea is to sell them cheap now and make them hard to get later when they will NOT sell them cheap. Good example is the 300C by Chrysler, they never have them in stock or good supply so they sell at sticker easy cause the next guy would buy it. Hell it's easier to keep an sti in stock over a 300C. Oh and edmunds never never ever has the exact invoice price right at all. Like I said before membership or not I could care less, I would sell a legacy gt or gt ltd for invoice or heck less right now. Subaru of NE is breathing down everyone's throats to sell volume of any model. You want one just Im me hahaha. <-- Serious on that point Holdback is 4% too for Subie's 2017 F150 Platinum EB 2009 SWP Spec B Link to comment Share on other sites More sharing options...
GTWag Posted August 27, 2004 Share Posted August 27, 2004 So, is it possible to negotiate down under the published invoice price? If so, any idea how much? If their holdback is 3% (or 4%), maybe 1%-2% under invoice? The sales manager flat out told me "I'll give you $2000 off sticker and 2.9% financing - can you tell we're desparate here?" when I went in to do the $25 test drive... I also am waiting for my VIP program to kick-in, and perhaps I will see if they'll just grant me that invoice (or below) price early. Good to know. Link to comment Share on other sites More sharing options...
Viperenvy Posted August 27, 2004 Share Posted August 27, 2004 I can say only but so much on here guys hehe, if you want certain information you have to IM me and I can help you. Again screw this vip stuff we would sell anyone a gt now if you said I will only pay invoice and I have a deposit right now. It's a done deal straight up. Below invoice is stuff I can't talk about on here and in certain cases it may occur. Just so you know when you buy a car at invoice or lower your salesman pretty much makes nothing but simply gets him another "spot" on the board to a possible bonus. That "special" which isn't so special financing on 05's is no gift. The $2,000 thing you will have to IM me on. 2017 F150 Platinum EB 2009 SWP Spec B Link to comment Share on other sites More sharing options...
frankcal Posted August 27, 2004 Share Posted August 27, 2004 [quote name='Viperenvy']I would sell a legacy gt or gt ltd for invoice or heck less right now. [/quote] What dealership do you work for? I live just north of Boston. Link to comment Share on other sites More sharing options...
Viperenvy Posted August 27, 2004 Share Posted August 27, 2004 Again I can only say but so much on here guys, IM me off the forums. I'm just south of boston.... 2017 F150 Platinum EB 2009 SWP Spec B Link to comment Share on other sites More sharing options...
frankcal Posted August 27, 2004 Share Posted August 27, 2004 [quote name='Viperenvy']Again I can only say but so much on here guys, IM me off the forums. I'm just south of boston....[/quote] I think the cat is already out of the bag. [url]http://www.legacysti.com/viewtopic.php?t=1633&highlight=[/url] Link to comment Share on other sites More sharing options...
Viperenvy Posted August 27, 2004 Share Posted August 27, 2004 Yeah yeah I know but I don't try to put it everywhere all over the board, thanks though.... Anyone just IM me it makes it easier for me to help you then to just keep posting IM me IM me over and over 2017 F150 Platinum EB 2009 SWP Spec B Link to comment Share on other sites More sharing options...
kanoswrx Posted August 27, 2004 Share Posted August 27, 2004 You can get any subaru for just about invoice. I could have gotten a STI around invoice if thats what I wanted. Just gotta shop around. Link to comment Share on other sites More sharing options...
Viperenvy Posted August 27, 2004 Share Posted August 27, 2004 Kanoswrx, definately depends on the model, 04 or 05, how much supply/demand of course and the location in the country. Some places like down south or in VA where subaru isn't as popular say as New England or Colorado they will sell it for anything. I've been to Subaru dealers in Va where they didn't have more then 20 total cars in stock cause most are "added" on dealers to places that call themselves an import dealership of all makes and models. 2017 F150 Platinum EB 2009 SWP Spec B Link to comment Share on other sites More sharing options...
bond007 Posted September 2, 2004 Share Posted September 2, 2004 My dealer took $3300 off the sticker on the first try. He quoted me by e-mail! This is on a GT limited wagon : bottom line sticker $30,589; selling price $27,299. Link to comment Share on other sites More sharing options...
GTWag Posted September 6, 2004 Share Posted September 6, 2004 Where did you purchase the car for $3300 off sticker? Where are you located? I am currently negotiating via email, and I was about to settle for Invoice price when I read your post.... should i push it down more? Link to comment Share on other sites More sharing options...
Th3Franz Posted September 6, 2004 Share Posted September 6, 2004 [quote name='GTWag']Where did you purchase the car for $3300 off sticker? Where are you located? I am currently negotiating via email, and I was about to settle for Invoice price when I read your post.... should i push it down more?[/quote] his might be a Limited 5EAT perhaps? -Franz The end of a Legacy http://www.youtube.com/th3franz Link to comment Share on other sites More sharing options...
crapy Posted September 6, 2004 Share Posted September 6, 2004 i saw those ad on those free chinese mags saying that every GT is 3K off MSPR took it by phone camera... Link to comment Share on other sites More sharing options...
gt_ltd Posted September 6, 2004 Share Posted September 6, 2004 [quote name='crapy']i saw those ad on those free chinese mags saying that every GT is 3K off MSPR took it by phone camera...[/quote] I feel like I just got robbed. :( This Space For Rent Link to comment Share on other sites More sharing options...
Beanboy Posted September 6, 2004 Share Posted September 6, 2004 Best price so far has been $25,560 (with destination charge) for a GT wagon. Hopefully go a little lower when in comes time for me to buy in October. -B -B http://www.standardshift.com Link to comment Share on other sites More sharing options...
frontrangeSubie Posted September 7, 2004 Share Posted September 7, 2004 [quote name='gt_ltd'][quote name='crapy']i saw those ad on those free chinese mags saying that every GT is 3K off MSPR took it by phone camera...[/quote] I feel like I just got robbed. :([/quote] Don't worry about it. It depends what part of the country you live in....Here in Colorado, they sure don't sell for invoice.... Subaru....State car of Colorado :D Link to comment Share on other sites More sharing options...
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