Sure but they get it back in spades if you finance. Saw the other day that the financing cost on a Z-06 was over $50,000 over the life of the loan. Wow . They make way more on the interest than they do on the vehicle.Les Stanford Chevrolet currently has 40+ in stock 2024 Corvette Stingrays with a wide variety of coupe and convertible in all trim levels and colors
EVERYONE is eligible for $3,000 off MSRP on any in stock Corvette Stingray when you finance with GM Financial
There’s a daily limit to the number of engines that each builder can make. It’s supposed to be 1.75 engines per day each and they have added additional builders but the total is approximately 56 engines a day last I heard.
Not only that but one can build their own engine which I'm sure would set back things even further.There’s a daily limit to the number of engines that each builder can make. It’s supposed to be 1.75 engines per day each and they have added additional builders but the total is approximately 56 engines a day last I heard.
The dealer gets charged back the financing commission if the loan is collapsed in the first 6 months. If the discount is based on financing there is a condition that you must keep the loan for either 6 to 12 months minimum.If the financing deal is wide open and you can repay at anytime, I see this as the dealer passing on savings to the Consumer.
The small print is the mandatory financing usually.Now for all cars unless there is small print.
"Les Stanford Chevrolet is happy to offer $1,500 off MSRP for new Stingray 1LT and 2LT orders.
New orders of a Stingray 3LT will receive $3,000 off MSRP."
He didn't say it here. In another thread he did, but it was 3K on any C8 order with financing. This is 1500 off so I assumed it's not financing.The small print is the mandatory financing usually.
Denis, the big dealers ordered everything they can get so they don't lose allocations. The smaller dealers still have a few on the waiting list, but some dealers do have cars sitting so the system would see that and offer them a lower allocation for that month.I wonder how many 2024 Canadian allocations were lost when dealers didn't have anyone willing to submit an order and didn't want to get punished for ordering a car for stock.
You might want to check on that to confirm. You could be right when it comes to Chevrolet. My Ford dealer on My20 F150. Knew I was paying cash. We worked out the deal way below MSRP. Deal was done. Truck was being built. Took 8 weeks. At delivery time salesperson told me he could save me another $5,000 if I finance for 3.99% over 60 months. Told me it was an open loan so pay it in full on you first payment. Which I did. No repercussions on my end. Ford credit sent me my closing statement paid in full. All good.The dealer gets charged back the financing commission if the loan is collapsed in the first 6 months. If the discount is based on financing there is a condition that you must keep the loan for either 6 to 12 months minimum.
I cannot speak to what Ford was doing before Covid and subsequent vehicle shortages when the market moved to MSRP. What I have been told is that loans that do not stay in place for 6 months get changed back. Is your sales manager still working there? There was some reason why he offered you that deal which probably included a volume bonus.You might want to check on that to confirm. You could be right when it comes to Chevrolet. My Ford dealer on My20 F150. Knew I was paying cash. We worked out the deal way below MSRP. Deal was done. Truck was being built. Took 8 weeks. At delivery time salesperson told me he could save me another $5,000 if I finance for 3.99% over 60 months. Told me it was an open loan so pay it in full on you first payment. Which I did. No repercussions on my end. Ford credit sent me my closing statement paid in full. All good.
Now the salesperson was also the sales manager. If they were being penalized for buyers paying out their loans early? He would have never given me that option.