When will there be a price drop in 2009 impalas?
I am looking to get a new vehicle, preferably a Chevy Impala. I am just wondering if the 2009 impalas will drop significantly because the 2010′s are out. I have gone to a few Chevy dealer lots, and the 2009′s and 2010′s are right around the same price. Is this normal, or should I assume that in a week/month the price will drop. How soon does the price typically drop down when new models are released?
Dealers can’t change what’s on the window sticker so technically speaking there is never a drop in price. Dealers that add markup however can reduce or eliminate the markup. They have their profit to negotiate with and that’s it. Any discount beyond that comes from the factory in the form of rebates, or cash incentives to the dealer. Dealers cannot negotiate rebates, but the cash incentives are there’s to do with as they please. You’ll see some posters talking about kickbacks, or what is actually called “holdback” that the dealer gets from the factory. I’m not aware of any dealer that will negotiate their holdback, it is their last line of defense against losing money on a sale, and on an Impala, it’s only a few hundred bucks. Now your Impala will have about 5% profit for you to work with, so roughly 1000-1200 bucks, I’ve no idea what rebates and or incentives are currently available. If price is your number one concern, consider a rental return, dealers get em dirt cheap and they are very well maintained cars that are still under factory warranty.
2010 Chevrolet Impala Indianapolis IN 46060
