As many of you know, Chevy is offering 0% financing for 72 months on new 2011 Tahoes, most of which are loaded LTZs. There's one locally, in the color I'd prefer, for 56k sticker. I am assuming they are going to come down significantly, being that they are trying to liquidate inventory, but just how much - I can't be sure. That being said, if you had yet to purchase your truck, would you wait for the redesign, or take advantage of this offer? Additionally, in your humble opinion, what would be considered a 'good' deal on this truck, given the year and options (it has every available option)? Admittedly, I realize any projections on price are merely hypotheticals dependent on a number of different factors, but comments are appreciated.
Purchase incentivized new 2011, or wait for redesign?
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If you like the 2011 and the incentives are there I'd take advantage of it. If you hate the redesign you'll kick yourself if you don't. A good price on that would be mid 40's. Great price would be lower 40's 
Denali0229
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$56k sticker? That's crazy. I paid $24k for a 2007 Denali with 58k miles. The sticker price was $53k. You can buy a fully loaded Esky with under 20k miles for that price and still have half your warranty left. I think what 07burb suggested is a good price. Looks like they jacked the prices up knowing they'll have to come down considerably so you feel like you got a great deal.
domin8
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In my opinion, never buy a new design in the first 2 years it is out. They typically have more problems. I'd get the 2011 for 2 reasons. 1) On average there will be fewer problems. The ones you'd want to watch out for are likely already being experienced by the masses, such as the cracked dash and oil consumption. 2) It's going to be cheaper to get the 2011 with all the rebates and incentives. Finance 101 states the value of currency today is greater than the depreciated value of the dollar tomorrow.
steven13608
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I completly agree with domin8
I'm not so sure you're going to see a re-design with gas prices up and going up further. You might see the Tahoe nameplate on a crossover of some type. The one speculation image I have seen of a new re-design Tahoe looks like a current 2011 Ford Explorer.
domin8
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It's all speculation. GM fears Toyota mostly, but also has concerns about Ford, Dodge, and Nissan. They try to keep full size truck and SUV info very closely kept. Letting too much info out could hurt them. Just look at how GM pushed the release for the NNBS platform 6 months earlier than anticipated because Toyota was going to introduce their all new Tundra and Sequoia around the same time GM was going to release the NNBS to the public.
yep!
Thanks for the responses, guys.
As far as price, mid 40's seems a bit unrealistic given that this is a brand new vehicle (with every available option), no? Don't get me wrong, I'd take it at that price, but I'm not sure sure they'd be willing to come down 10k.
As far as price, mid 40's seems a bit unrealistic given that this is a brand new vehicle (with every available option), no? Don't get me wrong, I'd take it at that price, but I'm not sure sure they'd be willing to come down 10k.
edgaranah1
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they came down a little over 7k for me with 0 down. so im pretty sure they will come down a little more.
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Good to know, Edgar. I figured that they are already offering the 0% as an incentive, so I wasn't sure if they would still come down such a substantial amount from the sticker.
I plan on talking to the dealer today, so I will keep you guys posted. I believe that 0% financing offers are notoriously hard to qualify for, so there's no guarantee there either - even though my credit score is over 700.
It will also depend on how much they offer me for my car via trade-in, which will be discussed prior to negotiation on the Tahoe, obviously.
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X2 what Edgar said, man. In fact, I'd walk away if they didn't at least come down into the mid 40's for me. Don't be sold on it before you even go look at it. You're just setting yourself up for the salesman to screw you. They are liquidating their 11's so they should give you a screaming deal!!! Think about it. The 13's will be on their lot in less than 6 months. They do NOT want to continue messing with a new 11 on their lot. YOU have the upper hand when it comes to negotiating
---------- Post added at 07:29 AM ---------- Previous post was at 07:28 AM ----------
I your credit score is over 700 you'll have no problem qualifying for 0%
X2 what Edgar said, man. In fact, I'd walk away if they didn't at least come down into the mid 40's for me. Don't be sold on it before you even go look at it. You're just setting yourself up for the salesman to screw you. They are liquidating their 11's so they should give you a screaming deal!!! Think about it. The 13's will be on their lot in less than 6 months. They do NOT want to continue messing with a new 11 on their lot. YOU have the upper hand when it comes to negotiating
---------- Post added at 07:29 AM ---------- Previous post was at 07:28 AM ----------
I your credit score is over 700 you'll have no problem qualifying for 0%
Let's hope so, Burb. Thanks again for the input. I will keep you guys posted.
Denali0229
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The rule of thumb is to negotiate the trade-in separately from the new truck. I wouldn't even mention it until you got a price on the new truck settled. That has always been my experience otherwise they'll start factoring your trade-in and crunching numbers that will be in their favor.
This works both ways, though. In the end it's all the same unless you're bad with numbers.
Anyway, I ended up walking. They weren't even close after making me several offers. They were barely willing to come down more than a few thousand.
felixgun
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Wow i'm surprised they wouldn't come down more considering the 2012's are out and about...
Which is why they still have a 2011 sitting on their lot.
The truck was actually at another lot 150 miles away. There aren't any 2011's that I could find, brand new, that were close. The dealer I visited would be acquiring the truck from another lot.
Anyway, I came home and contacted a buddy of mine from high school on Facebook who actually sells cars at a chevy dealership up North. I chatted with him briefly and he said that their invoice is around 51, and getting the truck at invoice (or slightly under) with tax and title may be a bit unrealistic - albeit, it does happen. As far as the mid 40 price is concerned, which I thought was too low, he seemed to think that number was incredibly unrealistic.
I'd have to think that as the new models hit the lot, if there are any 2011's left, that could change the dealers outlook. At the end of the day, I was looking for a deal and they apparently were not.
I'm going to shop around and see if I can locate a dealer that has one on their lot, and see what they are willing to do.
Anyway, I came home and contacted a buddy of mine from high school on Facebook who actually sells cars at a chevy dealership up North. I chatted with him briefly and he said that their invoice is around 51, and getting the truck at invoice (or slightly under) with tax and title may be a bit unrealistic - albeit, it does happen. As far as the mid 40 price is concerned, which I thought was too low, he seemed to think that number was incredibly unrealistic.
I'd have to think that as the new models hit the lot, if there are any 2011's left, that could change the dealers outlook. At the end of the day, I was looking for a deal and they apparently were not.
I'm going to shop around and see if I can locate a dealer that has one on their lot, and see what they are willing to do.
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