Vibe rebate now $2000!

[pzoo]

According to edmunds, the Vibe rebate has been upped to $2000 in the US good until 01/02/2003. So for those of us who have not yet purchased the deals are getting better.

[Vibe Rater]

You're joking right!?

[rasermon]

It's true, all 2003 Vibe models $2000 USD cash back. http://www.pontiac.com/pontiacjsp/curre ... s/main.jsp

[pzoo]

Also if you go to carsdirect.com and configure a Vibe the rebate shows up there as well.

[Cubanpete]

Too Bad tho its Only for USA residents

[cibomatto]

isn;t the 0% still a better deal though?

[Cubanpete]

I got mine like last week.it was 4.9% not 0%

[cibomatto]

It was and I beleieve still 0% in the USI just got mine last week at 0

[avarice]

Whether the cash back is a better deal then the low/zero interest financing depends on what kind of rate you can get outside of the dealership. My advice is to use a loan calculator and play with some numbers. I think http://www.gmbuypower.com has one. Try figuring out what your monthly payment would be at list price with 0% dealer financing and then try list price less $2000 with whatever interest rate you can secure from your bank. Whichever results in the lower monthly payment is the better deal. PS. I also have a loan payment calculator up at my geocities site:http://www.geocities.com/adrianalban

[NSimkins]

Quoted from CarBuyingTips.com:quote:Should I take the rebate or the low interest rate? It depends on the loan amount and term. For loans under $15000, rebates at $750 or above usually beat a low interest rate. Dealers bait you with a choice of a rebate or a low % loan. Compare the numbers, you'll find that sometimes using a rebate to reduce your principal can save you more money than a lower interest rate. They tease you with this lower rate, hoping you'll take the bait, and they make a few hundred more dollars by financing you. And what if the rebate was $1500, and they told you it was only $750, and you sign it over to them in exchange for a low APR. Now you just lost $750. You can get fleeced here, because of their "Subject to approval" or "with approved credit" weasel clauses. The dealer can call you up a week later to charge you more interest because you "didn't qualify", but you also forfeited your rebate. This can be a legalized way to steal your rebate. You may want to have the rebate mailed directly to you so you know you got it. Do the math to see which is cheaper. See page for table of examples...From URL: http://www.carbuyingtips.com/car5.htm (towards bottom of page)

[Frosty]

What is wrong with this picture? Canadians wait 4 months while Pontiac is bribing people with cash backs in the U.S.....Sorry people, the scars have yet to heal.

[rogerh00]

I just purchased one a week ago with the $1500 rebate. Anyone heard of a way of getting the $500 from Pontiac? You feel like a fool for rushing into the buying before the end of October. Most reputable retail outlets would credit you of the price drops within 30 days. My dealer already told me NO WAY! Thanks Pontiac.

[cibomatto]

whats stopping the canadian buyers from crossing the boarder to purchase a Vibe?

[Fritzburg]

Ya, try declearing that at the border. One bottle Wiskey, one carton of smoke, oh ya, and one Vibe...GST? What is that...LOL!!

[cibomatto]

Hmm I don't know how that works so is there some penalty for purchasing something in US?

[Fritzburg]

You will have to pay GST or QST (7%) on the value, plus all the ownership stuff. I would be a real pain to do it.

[Fritzburg]

Right forgot about the broker fees, and yes you would need to safety the thing, and maybe even a emmissions test too, a complete pain in the a*s

[Fritzburg]

Oh ya Baby, lots more!

[baltimore17]

The local newspaper just did a piece on a scam ring that was broken up in the Pacific Northwest (of the US). They were importing used Canadian fleet vehicles and, when changing the speedometers/odometers from metric to english, were rolling off a few thousand miles. So you can import a car but you can't import the speedometer? Sounds like the problem with doing a cross border purchase of a new Vibe probably has a lot to do with the legally-mandated equipment differences. Like why is much of the instrument warning light symbology different between US and Canadian Vibes? And why don't the US Vibes get the windshield washer "low fluid" warning light that the Canadian Vibes come with?

[Vibe-rate]

I'm in the same boat; bought mine last Thursday. I should've known, as it seemed like the dealer knew and was trying to ease the transition into the higher rebate - they offered an extra $250 dealer cash on everything sold on the 30th and 31st of Oct. (so, I'm only out $250).

[MoteDai]

I had a similar situation, but I took the 0% for five years, which worked out better for me after running the numbers. Even if I waited and took the $2000, I would have had to get an outside finance rate around 4.5-5% to be equal to the deal I signed Oct. 30. If I would have put more down, it would have been a different story. As for the dealer acting like he knew of higher incentives around the corner, dealers will go to their graves insisting that they don't know what the next round of incentives will be until the moment they are announced. Being an extremely cynical individual, I find this hard to believe, but considering the variety and number of dealers that have told me this, it might be true or one of the best kept secrets in vehicle sales.