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Old 06-25-2008, 09:27 AM   #14 (permalink)
Ming
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Re: GM Puts $ 7,000+ Cash On The Hood Of A $ 31,340 H3

Quote:
Originally Posted by Saturn69 View Post
Gee, I wonder what the markup on a Hummer is if they can safely allow $9,500 in rebates/credits/points. I wonder if they're overpriced or hard to sell in the current economic climate, what with fuel prices being what they are. Sounds to me like that should be the price of them anyway, I mean it's just a Colorado with an SUV body on it, why is that worth $31K? Oh, that's right. The name is worth the extra $9,500! Got it. Humans...sheesh.
Having looked at one up close and sat in one, I can assure you that the H3 is more than a Colorado. Just look under the thing at the suspension setup. It looks about as rugged as you could hope for in a true SUV.

That said, I have a problem with all of this talk of "built in $10,000 profit" on GM's SUVs and trucks, and I always have. It's one reason I own a used 2004 Safari AWD -- a very competent, if outdated, vehicle, but I picked it up for $16K when the MSRP was around $24K. Just 6 months before I bought it it had rolled off of the factory floor! Despite having the cash to afford one, I could never buy a $40K GM SUV knowing that it would rapidly lose resale value -- at least that "built in $10,000 profit".

I mean, I like GM and all, but buying a vehicle I know is overpriced? I might as well just wire GM $10,000 from my bank account as a donation.

A deal like this one for the H3 on the other hand....wow. It even has me interested.

Last edited by Ming : 06-25-2008 at 09:29 AM.
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