![]() A dealer holdback is when a dealer pays a certain price to the manufacturer which is listed as the invoice price, and after the car is sold, the manufacturer pays some money back to the dealer. Automakers typically offer discounts to dealers in the form of dealer holdbacks and cash incentives. Although it provides an estimate for the price the dealer paid, the dealer invoice price is usually higher than the cost the dealer paid, according to Edmunds. The dealer invoice price is the price that a dealer pays to purchase a vehicle from the manufacturer. ![]() How small can you go in North America? That's the question Chevrolet will attempt to answer with its Spark, a smaller five-door city car than the recently released subcompact Aveo hatchback.You can estimate how much the dealer paid Honda to obtain this Civic. ![]() The ZL1 will also offer the same Performance Traction Management system as the Corvette ZR1, Chevy's high-speed halo vehicle, which integrates this magnetic ride control with launch control, traction control and electronic stability control that offer track-friendly settings. The ZL1 coupe is slated to hit dealers in the spring, with both coupe and convertible to receive advanced third-generation Magnetic Ride Control, which electronically modifies the shocks up to 1,000 times per second towards the driver's chosen ride-performance ratio. It had also placed the 2011 Ford Shelby GT500 on that list.īut with the announcement of the new Ford GT500 coupe, it seems a safe bet that Ford will drop the 650-hp monster engine into a drop-top Shelby GT500, perhaps by the time the Camaro ZL1 convertible launches in late 2012.Īll Camaro ZL1 models will be produced at the Oshawa, Ont., assembly plant that also produces the base V-6 and non-supercharged Camaro V-8 models. GM unveiled the convertible version of its 580-hp Camaro ZL1 this week, confirming that Chevrolet's about a year away from delivering one of the world's most powerful production drop-tops.īoth Ford and GM debuted their most powerful muscle cars at the Los Angeles auto show this week, which ironically presents itself as the "greenest" of the major international auto shows.Ĭhevrolet had already released photos and info on the tire-shredding Camaro ZL1 convertible, complete with a rundown of exotic four-seat drop-tops that it now trumps in power, including the Aston Martin DB9 Volante and the Porsche 911 Turbo S. Top speed is more than 200 mph (322 km/h), says Ford, with the car slated to go on sale next year. But still, it told me that a 2012 Hyundai Elantra GLS with the automatic has a dealer invoice cost of $19,772, compared to an MSRP of $20,999.įord insists it has tuned the rest of the car to handle the extra 100 horses over the current Shelby GT500, with available Bilstein electronic dampers, up-rated Brembo brakes and a beefed-up six-speed manual transmission that includes a launch control system. The site also makes it clear that you may receive an e-mail or phone call from local dealers with offers on your chosen car. With the free invoice price, you basically get what you pay for: a minimal listing of the MSRP and invoice cost of the car at your chosen trim level, plus the list prices and invoice costs for any further options selected. There is also a provision to test-drive the car beforehand, which is always a good idea.Ī quick test drive of both the free service and the paid one provided some interesting observations. This allows the dealership to start processing the paperwork without you having to be there, while the buyer can walk in with the quote and walk out with the car, with no haggling necessary. ![]() At that point, you look over the offers, choose your quote and confirm it online with the site and the dealership with a $250 deposit online. The dealerships then bid their best price for that vehicle, or with options/colours close to it, over the next three days. With the $99 paid service, the vehicle you spec out is sent out to the closest dealers around your postal code.
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