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I'm looking looking at some 2010 Chevy Cobalts online which are being listed at the dealerships around 12-13K with an original MSRP of almost 17K. They are currently advertising 3K cash back or 0% financing. Is this in addition to the discount listed (and any further negotiations) or would the listed price include the 3k cash back?
Best way to know for sure is to go down and ask. Typically when a ridiculously low price is advertised, it includes all possible incentives/rebates/etc. So don't get to thinking you're going to walk out having paid 10 grand.
It probably is not. 3k cash back is a massive cut, they usually only do 1 - 1.5 k. Though, depending on your money down and/or your interest rate, the 0% down can end up saving you money. Every GM vehicle I've ever thought of getting comes with a nice 6.9% rate which instantly throws them out the window of consideration.
I am not a fan of the Cobalt even before they stated they were stopping production. I read they are one of the most expensive vehicles to own due to massive depreciation and maintenance.
I'm looking looking at some 2010 Chevy Cobalts online which are being listed at the dealerships around 12-13K with an original MSRP of almost 17K. They are currently advertising 3K cash back or 0% financing. Is this in addition to the discount listed (and any further negotiations) or would the listed price include the 3k cash back?
Chevy usually does cash back or 0%, but not both.
The advertised price will include all the rebates, typically. There's not anywhere close to that much mark-up in Cobalt.
I just have to point out that for the price of a *new* Cobalt, there are a host of CPO or even outright used cars that won't club you over the head with depreciation, and are just better cars.
Awhile back I posted up about renting a Focus and then a Cobalt. The Focus, a "sport wagon" model, actually struck me as an OK car, but the Cobalt reminded me that "I only paid for a cheap seat" at every turn.
Toyota is getting a lot of bad press, but consider this - even if they *do* have an unintended acceleration problem, if it's all true and more and worse besides, if you buy a Toy with a stickshift, even if it *does* go loco on you, you can always kick in the clutch, let the engine sit on the rev limiter till you can get it shut off, and brake to a stop. But the prices are down for stickshifts just as much as automatics, and you can get the same friendly 60 months 0% deal IIRC.
If you go buy for example a Corolla S 5-speed today, I expect you will still be driving it and liking it in 5 years when it's paid off. The Cobalt, not so confident you will still have it, and doubt you would still like it.
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