October deals

[rivieraranch]

The Employee Pricing Scheme is over so now it appears that a person shopping for a new 2008 would have to pay more for one than they would have paid in September. Something is fundamentally wrong with that picture. The incentives available on the 2008 are tantamount to a joke, given that these cars are held over; the 2009's are already out. What is GM thinking? What are these dealers thinking? That the economy will suddenly improve and people will flood GM showrooms, willing to be pounded on high gross profit deals? There is no reason why they can't sell a new 2008 now for the same employee pricing less current incentives, but they won't. I hope that all these jerks go out of business.

[SoCalCTS]

Well if someone wanted a 2008 car then they should have bought one in September! It is what it is.

[ocnblu]

Those Lucernes are nice.

[The O.C.]

The Employee Pricing Scheme is over so now it appears that a person shopping for a new 2008 would have to pay more for one than they would have paid in September. Something is fundamentally wrong with that picture. The incentives available on the 2008 are tantamount to a joke, given that these cars are held over; the 2009's are already out. What is GM thinking? What are these dealers thinking? That the economy will suddenly improve and people will flood GM showrooms, willing to be pounded on high gross profit deals? There is no reason why they can't sell a new 2008 now for the same employee pricing less current incentives, but they won't. I hope that all these jerks go out of business.

A GM Employee Pricing deal is a major loser for a dealership.

We could NEVER match the GMS price without taking about a $1,500-$2,500 loss on the deal. It's not realistic at all to expect a dealership to "extend" the GMS pricing if GM isn't supporting it.

(Consumers forget about many of the costs of doing business that a dealership has to incur on every car they stock......items such as local-market-area advertising dollars that are tacked onto each car in addition to "packs" that are charged to each vehicle to cover things like detail costs and paying minimum commissions to salespeople.)

Even when getting paid a "handling fee" from GM last month for doing a GMS, due to the above dealership costs, we made little, if nothing on each GMS sale.

[rivieraranch]

A GM Employee Pricing deal is a major loser for a dealership.

We could NEVER match the GMS price without taking about a $1,500-$2,500 loss on the deal. It's not realistic at all to expect a dealership to "extend" the GMS pricing if GM isn't supporting it.

(Consumers forget about many of the costs of doing business that a dealership has to incur on every car they stock......items such as local-market-area advertising dollars that are tacked onto each car in addition to "packs" that are charged to each vehicle to cover things like detail costs and paying minimum commissions to salespeople.)

Even when getting paid a "handling fee" from GM last month for doing a GMS, due to the above dealership costs, we made little, if nothing on each GMS sale.

I understand what you are stating, but in October-November GM needs to offer the incentives to make that 2008 model available for slightly less than it would have cost in August-September with employee pricing and the smaller incentives.