Got an Email from Mall Chevy - Please Help!

[Rossco8189]

Anyone know anything about this?
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Dear xxxxx,


At Chevrolet, safety and reliability is our top priority. With more Consumers Digest Best Buys than any other manufacturer for the 2010 model year, that commitment is evident.


Our records indicate that you own a high demand vehicle, and due to an innovative program just announced by General Motors, we are able to offer you well above market value for your current vehicle when you trade it in on a new Chevrolet. We are in a unique position to offer you a chance to make a buy of lifetime with top dollar paid for your trade and 0% financing* on most new Chevrolets in stock.


Through this special invitation only Buy Back Program, we have the ability to purchase your current vehicle for up to 80% of the original MSRP** and put you in the new Chevrolet of your choice with 0% financing.*


For a limited time we’d like to offer you a written appraisal for your trade that’s good for 5 days or 250 miles, whichever comes first. Plus, save thousands in discounts, and get financing as low as 0%*. There has never been a better time for you to upgrade to a brand new Chevrolet. Please call 800-xxx-xxxx or CLICK HERE TO EMAIL US today!


*0% APR financing on select Chevrolet models with approved credit. Must finance through GMAC. **Trade-in value less 30 cents per mile and reconditioning. Offer expires 8/10/2010.

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Does the 30 cents per mile mean, considering my car has 25K miles, it's worth $7500 less? What if my car had 100K miles? Anyone have any insight? Going to call them in the morning. It's not a public promotion cause I can't find it anywhere on their website.

[yellow2000S/R]

0% APR for 72 months is running at a few of the local dealerships, it's nothing special.

Ford does this to me occasionally for the previous cars I've bought (and 1 was totaled and they still send them with it referenced). Used to happen via email but I stopped it but a postcard still comes once in a while.

[Rossco8189]

I'm not talking about the 0% APR, I'm talking about getting back 80% of my MSRP on my 06' Tiburon GT LTD.

[300zx_tt]

"we have the ability to purchase your current vehicle for up to 80% of the original MSRP**"
just because it says 80% doesnt mean thats what your gonna get, my dad was a gm for sussman and sands bros and they pulled this kind of **** all the time

[2001teg]

Its like this. Say your car was $20,000. They will give you 80% of that which would be 16,000 in trade. Now say your car has 25,000 Miles on it. .30 times 25,000 is $4,800. In reality you would only be getting $11,200 trade in value. They do this because A. Used cars make them more money when they resell. B. You will ultimately get the shaft on the interest when the 72 monthes expires. C. They are trying to bring more business into the shops.

[Fujito]

They're baiting you. #1 priority is getting prospects in the door. Then salesmen can bait and switch offers and you just might end up with something very different than what was originally offered.

[90HP]

dealerships only contact you when they are trying to rip you off.

if it doesnt have to do with making money they dont care

[ScoobyNubieToo!]

They're baiting you. #1 priority is getting prospects in the door. ^THIS^

It's nothing more than another sales gimmick.

[1hightoy]

Yeah , get these every now and then , go right in the trash...

[Rossco8189]

I just called. It's 30 cents a mile deducted over 12000/year, and considering mine is an 06' with 25000 miles, it wouldn't effect me.

[jpalamar]

If that is true, ask them if they want a GTO because I'd buy this week if thats the case.

[Rush]

It's bull****, plain and simple. Just another way for them to get you into their dealership so that they can take your money.

I still get ones about my MSP. I get a little bitter whenever those show up in the mailbox.

[RedBowTies88]

they might pay you alot for your trade, but then you better believe they're gonna rip you off the "extra" they gave you and more on the new car

[turboman808]

Baiting for sure.

Only way I would do this if I were you and I probably still wouldn't do it.

I just really wanted to trade up to a corvette and the payments are about 2 days pay or less. Also only drive about 10k miles a year or less.



Still the best cars are the ones that are paid for. :supz:

[Vr-4-Life]

Really.... a tiburon is a high demand vehicle? Its just a bait email and I'm sure they send these emails out to EVERYONE....

[yellow2000S/R]

Really.... a tiburon is a high demand vehicle? Its just a bait email and I'm sure they send these emails out to EVERYONE....

Ford does it to me for the Escort ZX2 as a high demand. :roll:

It was back when fuel was $3-$4 a gallon cause you can get 35-40 mpg out of them.

[russiankid]

A dealership will feed you bull**** like you would feed a girl bull**** at a club so she will go home with you.

[jpalamar]

A dealership will feed you bull**** like you would feed a girl bull**** at a club so she will go home with you.

They serve booze on test drives now? :-p

[russiankid]

Byob.

[i_ride_fieroGT]

I cant even tell you how many i got of these for my old firebird... before pontiac went out they were even trying to reel in my 1st fiero. Your not going to get above market value for your trade. your car is worth what its worth its just a sales gimmick to get you into the dealership.

Its not false advertisement, sure if you bring in an old 87 clunker thats worth $700 they might give you $1200 just to get you in the market for one of there wholesale cars. your not going to get what they tell you on your tiburon.

[yick yack]

reminds me of how the dealer told me they couldnt give me KBB trade in value (offered me half of that) and said " Well KBB isn't going to write you a check... hahahahha last time i was in a stealership. and i was going to walk away with a brand new car last day of the month pay off more than half that night .,..

[MattBear]

reminds me of how the dealer told me they couldnt give me KBB trade in value (offered me half of that) and said " Well KBB isn't going to write you a check... hahahahha last time i was in a stealership. and i was going to walk away with a brand new car last day of the month pay off more than half that night .,..

no offense but thing about it.....

its kelly blue book, its ad supported, like NADA, or Edmunds, or any other site.

the more traffic they get the more money they make from people paying to advertise on the site, so of COURSE they will show you a better number for the car.

Kelly Blue Book is a **** resource for valuing a vehicle, for specs, ratings & reviews, yeah its fine, but not for valuing a trade.


As far as the 0% interest offers, EVERYONE is doing it for the most part, its the last of the 10 model year. there's no catch to it, its LITERALLY free money essentially. we're doing it at VW and its a great deal, since you save like 3-5k in interest, there's a hefty discount on your car there....