Vibe / Matrix sales from CARS ...

[ajb812]

Well, apparently the government has preliminary lists of vehicles traded in and purchased under the CARS program. The Vibe sales actually outnumbered the Matrix sales (Note to GM: great idea killing Pontiac! ) and '10 Vibes slightly outsold '09 Vibes - breakdowns below.Vibe2007 - 12008 - 102009 - 2,3302010 - 2,691Matrix2008 - 12009 - 1,6562010 - 689For the full lists: http://www.cars.gov/files/offi...s.pdf http://www.cars.gov/files/offi...s.pdf There are some crazy ones on there - (e.x. - a '97 Aston Martin DB7 and a '97 Bentley Continental). For the life of me, I just can't believe someone would trade those cars in for 4,500 - they have to be worth more than that I'd assume!Check it out - http://www.autoblog.com/2009/0...tter/

[BlueCrush]

Interesting Stats! Thanks for posting them...

[star_deceiver]

Where did someone find a 2007 Vibe, new, still on the lot???

[ajb812]

Yeah, I was surprised by that too! I was looking at the lists, and there is a fair amount of new 2007 cars that were purchased. I guess it just goes to show how bad automobile sales have been! When it hit it's worst at the end of last year, they probably just couldn't move the 07 leftovers at the time, so they probably just sat on the lots and became uber leftovers!

[star_deceiver]

That must have been a really good deal for whoever snagged it!

[ajb812]

Yeah, to say the least! I wouldn't be surprised if it was a 1/2 off deal - just come and take it - lol!

[jake75]

People using the CARS program were probably looking for cheap and the Vibe prices were probably $1,500-2,000 under Matrix.

[northvibe]

woot! the vibe rocked in sales!WOW I cant believe some of the cars traded in. a typhoon?! roush, foose...holy crap they could of gotten more than 4500 on a used sale.

[Old Tele man]

...during that time, GM (Pontiac) was having a "fire sale," Toyota wasn't.

[panchess]

GM still has the $2,500 rebate, or 0% financing with a claimed $4,606 in finance savings (I guess that is financing the maximum cost of a Vibe for six years at 8% or something. I got 4.69% for three years through State Farm Bank and have less than $1,000 total interest). Once you re-equip the Vibe with standard Matrix features like a/c, I don't think there is any real price difference between the cars.

[northvibe]

yeah CFC they based that price off MSRP and I dont remember tooo many incentives. I also dont remember toyota not having them either. even kia marked their cars up to max msrp.

[panchess]

Toyota had a free destination charge on the Matrix, so it was like $800 off.

[panchess]

A lot of times the rebates go away on "leftovers," so there actually become higher-priced at the dealers than the new models. There is also a natural inclination not to sell at a loss, even an "undesirable" model (I am guessing the 2007 and 2008 Vibe leftovers were stripped, standard transmissions), so they sit.

[Tonebalone]

I didn't do a CARS deal, but it got me into the showroom. I bought an '09 Base with 2.4L, 5 sp. auto, fog lights, and preferred package for $12586 after I traded my beater '94 Toyota 4x4 truck in for slightly more than the CARS rebate. This included a $4000 GM family rebate, plus about a $1700 GMS discount. I put some cash in, and got a 4.5% note with a $202 monthly payment. I was real happy with the deal. And the gas I save monthly nearly pays the note.Prior to buying the Vibe, I checked the overall price on the Matrix, and I saved several thousand by going with the Vibe. And it has a longer warranty.

[toycar]

I took advantage of the CARS program for my 2010 Vibe. Vibes are tad cheaper then the Matrix base, GM was offering great rebates and Toyota wasn't, I had a GM card for added $$$$...none for Toyota, GM was hurting more than Toyota and they also offered employee pricing, Toyota didn't AND everyone 'Thinks' I'm driving a domestic car!!!!!