Pontiac GTO 2004-2006 - Price/Value '05 v. new '04 v. used '04
02-13-2005, 12:12 PM
I see used '04s are about $20-$25 and it sounds like new ones can be had for the same price - so I can't imagine why someone would buy used. Do you know any reasons? I don't have a GM Card, but if I sign up for one today, could that help me get a discount?
The '05s are selling for $30-$33ish I guess. I think the improvements are great, but wonder if they're worth $10k? In two or three years, will they still be $10k apart in value on the used market? '04s should be $13-16 and '05s $16-20. In otherwords, it sounds like the '04 leftovers are incredible deals.
Do you think the dealers will have problems moving the '05s as well? I might just wait a few months and see if the '05s can be had for $25k.
How much more do you think an '05 is worth over an '04 (for updates, engine, brakes, etc.)?
02-14-2005, 12:29 AM
If you want to wait for a deal on a '05 get a GM credit card! You really can't be sure there will be as big as rebates but you never know. The GM Card added just over $5000 off the best price I negotiated, $24,190 - $5095. The bulk of the $5000 + was a round up to $2000 + $3000 special incentive on the GTO to GM card members only. My drive off the lot price was $20,535. The best time of the year to buy is late December. I wanted a '05 but I love the '04, a little slow when compared to the '05 but $10,000 in my pocket... need I say any more? If GM does the big discounts again the '04 will take a hit on resale so there may be some good deals to be had on used '04 models. You never know but the real issue is can you wait?
02-14-2005, 06:35 AM
Not sure if I want to wait that long. If I get a card today, will I be entitled to any discounts? Do you have to have a certain amount of points/charges?
02-14-2005, 10:54 AM
You probably won't get any GM card bonuses like that right away, but it will help you out on purchases down the road. The $3K bonus that came in Dec for the 04's was not even offered to all card holders. I have had my GM card for almost 3.5 years, and have received ~$7200 in earnings and bonuses.
02-14-2005, 01:38 PM
Here's my deal today.. Brand new 04 for $27000 out the door then my personal GMAC credit card rebate of $2722.00 for a total of $24,278. Should I buy it?
02-14-2005, 02:20 PM
That's better than the deal I just made - $27k with an 05 hood.
02-14-2005, 02:20 PM
Squashed...the answer is a definite YES!
02-14-2005, 08:01 PM
Very good deal, go for it!
02-14-2005, 08:09 PM
He missed the deal! :(
02-14-2005, 10:30 PM
There is more than one type of GM card. To know for sure I'd suggest checking out the web or calling there 800 number. The one I have lets me earn 5% on my purchases up to $500 a year. They always seem to have special deals on certain vechiles. Last December the '04 GTO was one of them.
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