'08 Vibe price

General discussions about the Pontiac Vibe & Toyota Matrix. New members, introduce yourself here!
Post Reply
missjen
Posts: 1
Joined: Mon Jan 28, 2008 11:58 pm

'08 Vibe price

Post by missjen »

There is a local dealership advertising '08 Vibes with ABS, Preferred Package and automatic transmission for $15,900 (this is a big ad in the paper). This price is with the $1250 rebate and $1000 Loyalty rebate back to dealer.We don't qualify for the Loyalty rebate, unfortunately. So, the salesman has stated the price would be $16,900 for us.Do you think it's still realistic to offer $15,900 or $16,000, given what they're advertising? I don't want to be unrealistic but I'd really like to get the Vibe for this price.
jake75
Posts: 4792
Joined: Sun Feb 09, 2003 1:33 pm
Location: Columbus, OH

Re: '08 Vibe price (missjen)

Post by jake75 »

What is the MSRP? To calculate the invoice take the 1. base price x 0.945; 2. add the options x 0.88; 3. add the destination charge of $585; 4. add about $350 for regional adv and other fees.The dealer gets a holdback of 3% of the MSRP before destination charge but they are usually loathe to bargain away that.My guess is that $16,900 after rebate is about $500 under invoice.Sometimes there are incentives from the manufacturer that we don't see that make this possible.Since you don't have the added $1,000 from the loyalty rebate, with the lower price on the '09's that include antilock, stability control and side airbags standard, my advice would be to wait.
2009 Vibe 1.8L Carbon Gray AT Power Pkg 1/12/092003 Vibe 1.8L Neptune AT Mono Power Pkg 1/27/03 [sold 2/2/09]2007 T&C SWB 7/31/07 "Broke people stay broke by living like they're rich. Rich people stay rich by living like they're broke."
Post Reply