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#1 (permalink) |
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7.0 Liter LS7 V8
Join Date: Jun 2006
Posts: 6,099
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July Incentives: MINI = $24 per vehicle sold. Saab = $8,326, Cadillac = $7,933
The average incentive on a Saab in July, according to Edmunds.com, was $8,326, or 23.4% of the vehicle's sticker price.
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#2 (permalink) |
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7.0 Liter LS7 V8
Join Date: Feb 2006
Posts: 6,616
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Re: July Incentives: MINI = $24 per vehicle sold. Saab = $8,326, Cadillac = $7,933
And GM is standing by -- ready, willing and able to provide smaller engines just as soon as the American public signals its readiness to purchase them...
__________________
Between January 20, 2009, and January 22, 2013, GM will declare bankruptcy. (Posted on October 15, 2008.) |
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#3 (permalink) |
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2.0 Liter Supercharged ECOTEC
Join Date: Feb 2006
Posts: 174
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Re: July Incentives: MINI = $24 per vehicle sold. Saab = $8,326, Cadillac = $7,933
Saabs especially their wagons are a very efficient replacement for SUV's for most people who never intend to tow. Too bad their recent advertising ignores their respectable fuel efficiency.
Does anyone who lives outside of the area from Northern NJ to Maine actually buy them? Do they even know what a Saab is? LOL |
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#4 (permalink) | |
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News Contributor
Join Date: Nov 2004
Location: New York
Drives: 2008 Saab 9-5 Sedan
Posts: 3,973
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Re: July Incentives: MINI = $24 per vehicle sold. Saab = $8,326, Cadillac = $7,933
Quote:
My neighbor liked my new Saab 9-5 so much, he called the dealer to see about a lease. Same car - same dealer - same salesperson - same terms; As of August 1st, the payment is $ 87.00 per month higher. Salesperson told my neighbor that Saab apparently does not want to lease vehicles any longer if they can help it. |
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#5 (permalink) | |
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7.0 Liter LS7 V8
Join Date: Feb 2006
Posts: 6,616
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Re: July Incentives: MINI = $24 per vehicle sold. Saab = $8,326, Cadillac = $7,933
Quote:
Saab 9-3 SportCombi (4 cyl. auto): 18/24 mpg*. $30,360. Saturn Vue hybrid: 25/32 mpg. $26,270. ________________ *same mileage as a Chevy Colorado.
__________________
Between January 20, 2009, and January 22, 2013, GM will declare bankruptcy. (Posted on October 15, 2008.) |
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#6 (permalink) |
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2.2 Liter ECOTEC
Join Date: Jul 2008
Posts: 87
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Re: July Incentives: MINI = $24 per vehicle sold. Saab = $8,326, Cadillac = $7,933
This just shows that gm can not run lexury devision. GM spent 5 billion on caddy and all we get is a cts( and we do not even who cts competition is. is it 3 or 5 or c-class or e-class we do not know). Good job gm 8k incentive on caddy and sales are down in double digits. GM should sell caddy, saab and hummer and only focus on high volume brands. Imagine if they spent those 5 billion on chevy instead of caddy. We would probably have cruz and volt by now.
Last edited by Bokl : 08-04-2008 at 04:34 PM. |
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#7 (permalink) | |
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2.2 Liter ECOTEC
Join Date: Oct 2007
Location: Grand Blanc, MI
Drives: 1987 Regal Turbo-T
2000 Camaro SS
2006 Trailblaz
Posts: 68
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Re: July Incentives: MINI = $24 per vehicle sold. Saab = $8,326, Cadillac = $7,933
Quote:
Being you are a brilliant product engineer, please share some advice on what you would do... the CTS is a phenominal car, and the rest of the new caddies will be as well. Hummer is a niche market brand, nothing wrong with it. Saab will get some attention soon. Patience young, stupid, and borderline illiterate one...Last edited by 88ls1blazer : 08-04-2008 at 04:38 PM. |
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#8 (permalink) | |
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5.3 Liter LS4 V8
Join Date: Dec 2005
Location: NCR, Great White North
Posts: 3,154
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Re: July Incentives: MINI = $24 per vehicle sold. Saab = $8,326, Cadillac = $7,933
Quote:
The real question is not that GM is standing by but what were they doing the past 2+ years instead of building a small car that was a world car -- in other words, saleable in every nation on earth? |
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#9 (permalink) |
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2.2 Liter ECOTEC
Join Date: Mar 2008
Location: Auto Land
Drives: 2008 Colorado Crew Cab Z71 RWD
Posts: 87
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Re: July Incentives: MINI = $24 per vehicle sold. Saab = $8,326, Cadillac = $7,933
The product incentive may be just $24 per vehicle, but the cost per unit for captive costs on BMW's Balance Sheet is much higher. The Mini was expensive to bring to market and BMW doesn't make much per unit when those costs are amortized. They won't be fully free of the start-up cost amortization until the 2010 fiscal year.
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Proud to own: 2008 Colorado CrewCab Z71 2WD 2008 Suzuki SX-4 Crossover AWD Touring 2005 Malibu Maxx LT2 2005 Malibu Sedan LT2 2003 Porsche Boxster S (sunny days and track events) |
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#10 (permalink) |
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6.0 Liter Vortec V8
Join Date: Oct 2006
Location: Montreal,PQ - 2006 Saturn Vue V6 !
Posts: 1,805
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Re: July Incentives: MINI = $24 per vehicle sold. Saab = $8,326, Cadillac = $7,933
Glad to see vehicles still have 2000$ to 3000$ of "wiggle room". Despite manufacturers saying they are trying to stick to MSRP. What ticks me off is the quote I got for a base model 9-5 Sportcombi was $47,000 two weeks ago. Obviously, the salesfly didn't factor in any rebates
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'87 Merc Tracer '88 Toyota Tercel '89 VW Golf '94 Saturn SL '97 Pontiac Grand Am '00 Olds Silhouette '02 Dodge Intrepid '04 Chev Malibu '06 Saturn Vue |
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#11 (permalink) |
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GMI Staff Member
Join Date: Jul 2003
Location: France
Drives: 2007 MBK Flipper Scooter
Posts: 13,007
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Re: July Incentives: MINI = $24 per vehicle sold. Saab = $8,326, Cadillac = $7,933
And yet somehow Saab sales are tanking... even at 3/4 of MSRP! That is a resounding "NO" from the buying public. Close Saab or sell it... it is absolutely 100% not what GM needs right now.
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The department of redundancy department.
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#12 (permalink) |
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GMI Staff Member
Join Date: Jan 2003
Location: SE Texas
Posts: 13,329
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Re: July Incentives: MINI = $24 per vehicle sold. Saab = $8,326, Cadillac = $7,933
My father cross-shopped Saab with MINI. He got a MINI clubman. The Saabs were hard to find in Houston, mostly used, and generally had very dull, lifeless interiors. The convertible 9-3 all around had less utility and flexibility than the smaller MINI clubman, too.
What is that $24 bucks? A key fob? The BMW dealership alongside the MINI dealership my father shopped at was like a ghost town next to a bustling hub of activity. No one was shopping for Bimmers. No one.
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#13 (permalink) | |
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3.8 Liter V6
Join Date: May 2003
Posts: 334
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Re: July Incentives: MINI = $24 per vehicle sold. Saab = $8,326, Cadillac = $7,933
Quote:
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#14 (permalink) |
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6.0 Liter Vortec V8
Join Date: Apr 2006
Posts: 1,738
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Re: July Incentives: MINI = $24 per vehicle sold. Saab = $8,326, Cadillac = $7,933
The only people I known who have bought Saabs are bargain hunters. Either they have access to a GM discount program, or they got an exceptionally good lease rate.
Of course it doesn't help that GM has completely mismanaged the brand with generic unnotable products. That seems to be improving a bit though, but they need a 900-style hatchback badly. |
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#15 (permalink) |
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6.2 Liter Vortec V8
Join Date: Feb 2005
Drives: 2001 Saturn L300
Posts: 2,580
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Re: July Incentives: MINI = $24 per vehicle sold. Saab = $8,326, Cadillac = $7,933
Dealers probably don't need such high incentives on the Minis because they sell themselves.
__________________
Current: 2001 Saturn L300 Future: Acura TSX Gone but not forgotten: 1993 Saturn SL2 1986 Nissan Sentra |
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