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What Trim did you reserve?

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Oct 20, 2020 Reservations & Dealer Mark-Ups

4712 Views 22 Replies 9 Participants Last post by  ksrltd
This new reservation process seems like a brilliant idea to curb the dealer mark-up. I really hope they allow changing dealers to create some competition too. At the very least, if someone gets surprised with a mark-up and cancels, the allocation goes away too. That way the dealer loses out too, if they don't treat customers right. 馃槑

I could be wrong, but it looks like GM has figured out a way to beat those initial ADM figures caused by new models and low initial allocations. Also, a fair way to deliver vehicles to customers who ordered 1st.

My reservation will be in tomorrow. Who else is in?
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If I had the cash, I'd be in lol. But for now, I'm perfectly satisfied being a humble custodian of all the incoming Hummer EV info here. We're going to have a TON of info to sort out in the coming weeks, and lots of people coming here looking for that info and good advice, so it'll be a challenge!
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Also, Trim Level 4 is the tri-motor variant I'd assume, working down to Trim Level 2 being the single-motor variant?
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Looks like pricing will all be through GM so dealer won't be involved there. Liking this even more.
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GMC has said that there won't be any dealer markups or dealer discounts for the Hummer. It's no-haggle pricing.


We have some good news for you. Automotive News is reporting that Duncan Aldred, vice president of global Buick and GMC, told investors on a call this absolutely won't happen. Yes, no-haggle pricing鈥攐nce a bedrock of GM's defunct Saturn brand鈥攎eans GMC Hummer purchasers will both get protected dealer price gouging and not receive incentives. Aldred promised that the price listed will be the price buyers pay, no negotiation required.

We're not privy to the conditions GMC will place on dealers, but Automotive News reports Aldred said that it's structuring the pricing scheme to provide sufficient margin to dealers, presumably so they'll get onboard. The report also notes that not all dealers will sell Hummer EVs鈥攔eportedly, only half of all GMC dealers have agreed to do so. We'd presume that electing to sell Hummers requires agreeing to the no-haggle pricing policies.

This is probably a good move for GMC to prevent ill-will among buyers turned off by opportunistic markups and perhaps speculative flipping, since it seems likely that Edition 1 Hummers will be scarce on the ground. We're sure buyers would pay a premium to get an Edition 1 early, but additional costs above MSRP won't be the limiting factor for now.
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GMC has said that there won't be any dealer markups or dealer discounts for the Hummer. It's no-haggle pricing.


We have some good news for you. Automotive News is reporting that Duncan Aldred, vice president of global Buick and GMC, told investors on a call this absolutely won't happen. Yes, no-haggle pricing鈥攐nce a bedrock of GM's defunct Saturn brand鈥攎eans GMC Hummer purchasers will both get protected dealer price gouging and not receive incentives. Aldred promised that the price listed will be the price buyers pay, no negotiation required.
Excellent news. I really didn't want to go down that road and end up walking away pissed off because that disclaimer I received certainly didn't suggest no haggle pricing.
Thanks!
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Excellent news. I really didn't want to go down that road and end up walking away pissed off because that disclaimer I received certainly didn't suggest no haggle pricing.
Thanks!
Yeah same here! Especially at the price they're already selling it at. I like that a dealer has to agree to it if they want to sell the Hummer.
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GMC has said that there won't be any dealer markups or dealer discounts for the Hummer. It's no-haggle pricing.


We have some good news for you. Automotive News is reporting that Duncan Aldred, vice president of global Buick and GMC, told investors on a call this absolutely won't happen. Yes, no-haggle pricing鈥攐nce a bedrock of GM's defunct Saturn brand鈥攎eans GMC Hummer purchasers will both get protected dealer price gouging and not receive incentives. Aldred promised that the price listed will be the price buyers pay, no negotiation required.

We're not privy to the conditions GMC will place on dealers, but Automotive News reports Aldred said that it's structuring the pricing scheme to provide sufficient margin to dealers, presumably so they'll get onboard. The report also notes that not all dealers will sell Hummer EVs鈥攔eportedly, only half of all GMC dealers have agreed to do so. We'd presume that electing to sell Hummers requires agreeing to the no-haggle pricing policies.

This is probably a good move for GMC to prevent ill-will among buyers turned off by opportunistic markups and perhaps speculative flipping, since it seems likely that Edition 1 Hummers will be scarce on the ground. We're sure buyers would pay a premium to get an Edition 1 early, but additional costs above MSRP won't be the limiting factor for now.
Well I guess even though GMC says there won't be any markups it doesn't mean dealers won't try to mark up the price...

751
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Well I guess even though GMC says there won't be any markups it doesn't mean dealers won't try to mark up the price...
Well THIS isn't the news I was hoping for.

You'd think that there would be some contracting or deal in place between GMC and their dealers to prevent this kind of thing, since they came out and told us affirmatively that this wasn't going to happen. Let's keep an eye on this going forward.
I didn鈥檛 ask my dealer about this the other day, but I WILL NOT pay over MSRP. Pure Greed. I will probably call or email to ask in the next day or so.
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My sales manager replied and assured me his dealership NEVER charges over MSRP and the Hummer EV will be no different.
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Many and maybe all of the GM dealers in the Phoenix area have a $2000 more or less dealer markup consisting of various crap like magic paint finish protectant, upholstery protectant, nitren for tires, over priced cheap tint etc.
Many and maybe all of the GM dealers in the Phoenix area have a $2000 more or less dealer markup consisting of various crap like magic paint finish protectant, upholstery protectant, nitren for tires, over priced cheap tint etc.
Nothing pisses me off more than that stuff. Even when you decline having them do it they still work it into the deal. My 2021 Truck has OnStar stickers inside the window tint with bubbles. Cost for that tint and window etching was $740. I'll spend 50 bucks to get it fixed.
With these trucks/SUVs being ordered, we can simply tell the dealer not to install anything. Although I am having the dealer install the 37鈥 tires on my Edition 1 SUT before delivery.
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With these trucks/SUVs being ordered, we can simply tell the dealer not to install anything. Although I am having the dealer install the 37鈥 tires on my Edition 1 SUT before delivery.
Be sure that you get the original set back.
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Be sure that you get the original set back.
This^^^ I had a dealer try and keep my take-offs once.
The dealer I am using said it is MSRP and if I decide I don't want it they send it back to GM to redistribute to another dealer and reservation that does.
That's what was originally in the correspondence to everyone. Although there are plenty of folks that will purchase way above MSRP if you were to buy and then sell.
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