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Here is my deal:

I have worked out a deal trading my 2004 SSR that I bought in Feb. The dealer will give me $30,000 that I currently owe on it. In return I get a 2005 with a down payment of $3,000 sticker on the car is $45,000 and I will be getting the Employee discount they are offering brining it down to $42,000. I will sign up for GMAC financing for 6 years. The car payments will be only $19 more than what I currently pay and the insurance for some reason as I was quoted by Gieco will be $144 a month instead of the $150 I currently pay.

So, I ask of my fellow SSR fanatics...should I go for it? Is it really woth it to have the 2005 over the 2004 I currently own? Does Chevy still give previous Chevy owners cash back? Should I ask for that?
 

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12k No Way

:nono Well difference is ''difference'' anyway you list it. Using your figures it appears to me you are paying $12k difference and I would bet for at least one more year or more on payments. As`far as I know with this GMS EMP PRICE for everyone there is no additional cash back or rebates. Each GM Vehicle should be tagged in the front windshield with the GM EMP PRICE INCLUDING all rebates and offers.
 

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Myself, I'm waiting to see what 06 brings. I figure if I'm going to trade up, the 06's should have a few more of the bugs worked out. Plus you get a few new color choices!
 

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Like they say if it makes you happy, Hey we are not going to be here that long. I thought about trading my 04 but then went with new exhaust and a super charger, Now they would have to come out with something awful good to make me want to trade again
 

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42k for 05 sounds a bit high..didn't someone had them here for 38k or 39k? 30k for your trade is a very good number....
 

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Hard choice

Hard for us to tell you what to do. Don't know your personal finances, etc. I've developed an abnormal attachment for my '03 and would have a hard time parting with it, even for an '04.
 

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Machell
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houtex said:
Hard for us to tell you what to do. Don't know your personal finances, etc. I've developed an abnormal attachment for my '03 and would have a hard time parting with it, even for an '04.
I am with Houtex, my truck is like one of my kids only no back talking. Couldn't trade for anything!!!! :seeya
 

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vettegirl said:
Life is short - if you can afford it, and if the 2005 will make you happy, go for it!! :thumbs
Ditto..:agree

RickSSR :cool
 

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Go for it!!

I agree with the others, if you can afford it, go for it. I have not driven any SSR's except the 2005 I own, but I dearly love that LS2 engine, and I'll bet you will too.
 

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jmpeez said:
Here is my deal:

I have worked out a deal trading my 2004 SSR that I bought in Feb. The dealer will give me $30,000 that I currently owe on it. In return I get a 2005 with a down payment of $3,000 sticker on the car is $45,000 and I will be getting the Employee discount they are offering brining it down to $42,000. I will sign up for GMAC financing for 6 years. The car payments will be only $19 more than what I currently pay and the insurance for some reason as I was quoted by Gieco will be $144 a month instead of the $150 I currently pay.

So, I ask of my fellow SSR fanatics...should I go for it? Is it really woth it to have the 2005 over the 2004 I currently own? Does Chevy still give previous Chevy owners cash back? Should I ask for that?
discount should be close $5k, don't let the dealer off the hook
 

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I'm not sure I think this is that good a deal. here's why:

The REAL total difference is the sum of:
$42,000 - $30,000 = $12,000
Plus the $3000 "down" = $3000
TOTAL $15,000

For $15,000, you can get ALL of the items below onto your 04, fully installed and tuned:

Supercharger $8000 maximum inclduing proper dyno tune
True dual exhaust $1000
Supermaxx headers $2000 maximum
4.56 gearing $850
$3150 in other goodies of your choosing!!

The above combinarion would deliver AT LEAST 30 to 40 hp more than a stock 05, AND leave the stock 05 sitting on any acceleration contest because of the 4.56 gearing, and be a lot more exciting vehicle in total.

The only disadvantages of this approach are:

1. You can't finance it

2. You can't resell your 04 anytime soon, as you would lose proportionately more on the mods than you would lose on reselling a stock 05.

Jim G
 

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I did the same thing.

I had an '04 silver SSR that I traded for an '05 black SSR. My '04 was only 6 months old and only had 12,000 miles on it. I only got $29,500 for my trade-in and I paid invoice plus $1,000 for the new one. Did I get ripped-off? Yes! Am I still happy I did it? Yes! The bottom line is that I REALLY wanted that black '05.

I love the '05. It is much faster. It will pin you in your seat. There are NO performance changes between the '05 and the '06. There will always be a small color or cosmetic change every year.

Hey, you only live once and it's just a car.

If you can't afford it, then don't do it. But if you can afford it, then enjoy it.

:)
 

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walked out

The auto industry today as well as housing in some cases,are selling payments. Several months past I said "sorry, but I'm attempting to buy a vehicle not a payment" and went elsewhere. I found it very annoying and frustrating when a sales person evades the actual costs. I think many folks today purchase a vehicle without knowing the detailsand true costs in the deal. In a situation where I wanted to trade a vehicle a few years past, after an hour I still couldn't determine what the cost of the new vehicle was or what the real trade value was. On and on the likes of "Would this payment do it for you" etc etc

In the case discussed here I think you would have to add in the cash D/P put on the 2004 to Jim G 's calculation of $15000. So ,if say $5000 was the number, are you paying $42000 + 15000 + 5000 + $62000 for 2005.

Again, its usually not about dollars in the end!

MHO
 

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In actuality, you're not getting $30K for your trade, because he's making it up on the 2005. He's not giving you a deal and full rebates on the 2005. I've seen them fully loaded out here from $39K to $41K. They're creating an illusion. I love the advertising that say "you pay what we pay". Don't kid yourself, your not paying what they pay. I always got it at employee's discount and the dealer still makes money. No dealership is going to give you something for nothing....you just have to try to get the best deal possible for yourself, and this doesn't sound like one. You're taking too great a loss. I feel the best thing to do is to hold on to your SSR and take good care of it, and wait til all the rebates are over and the 2006's come out which will bring up the wholesale value, trade in, or retail price of the car. You work hard for your money, don't give it away. You're buying basically the same car.

For instance, 2004 Commemorative Edition Z06, MSRP $55,000. Could purchase the car in 2004 new, with all rebates, as low as $43,000. Now 2005's come along and the prices of the new Corvette ranging from $49K - $52K bringing up the retail end of the 2004 Commemorative Edition Z06. Latest Commemorative Edition sold at Manheim for $41,000 and they're selling retail between $44K-$47K with about 4,000 miles and in excellent condition. Hope you get my point.
 
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I'm new here, but will offer my opinion. As far as adding all the compenets to your 04 to make like an 05, it will still be an 04 and worse yet one thats been modified heavily making it undesirable in my book to the majority of potential buyers.

The only problem I see here is sticker price. Mine was 49 and change, GMS was around 45k. If sticker is 45k, GMS should be no more than 42k. Then there is the hold back, of which you may be able to get more. Nobody seems to want to say how much, but another grand would be reasobale in my mind, that takes you to 41K. According to Edminds 30k for the 04 is reasonable. So we have an 11k diff, sucks but thats life. We cannot expect to steal cars and then get windfalls when we sell them. I took it in the rear on the 04 Dodge 2500 Laramie I traded. Dodge cut the prices after I bought, so I lost another 4k. On the other hand I bought the SSR for a steal. It all kind of worked out.

It sounds like you're in deep already, hard to go backwards.

For this deal, 45 sticker, 42 GMS, 41 dealer discounted, 30k for your ride and you pay tax, title lisence. If that dealer won't play, find another. I saw one then contact about 6 more. I found a player. While we love these trucks, make no mistake about it, they are an albatrous around GM's neck right now. i am not holding my breath for an 06.
 
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