How Much Should I Pay: 2009 GMC Yukon Hybrid
Question From Tyler: I was hoping you could tell me how much I should pay for a new, 2009 GMC Yukon Hybrid (2wd)? The MSRP on the vehicle is $51,870 (with $950 in destination charges, included). The dealer claims that the invoice is $48,850. Given the poor market for large SUVs in my area, and the high MSRP of the Yukon Hybrids in light of the little fuel savings, how much can I hope to slash off the price at the dealership?
Queen of the Road: Hi Tyler. Welcome to AutoBragBlog! Yes, there’s definitely room for negotiation. Do not settle for anything near $49k.
According to AutoBrag’s statistics for the 2009 Yukon Hybrid,
The National Average discount off MSRP: 9.69%
The National Maximum discount off MSRP: 17.51%
If you see a particular car you want, you can easily calculate the percentage off MSRP to see if you’re getting a good deal by comparing it to AutoBrag’s discount statistics.
How To Calculate The % Off MSRP: MSRP – Selling Price = X / MSRP = Y
Selling Price = The price the dealership is willing to sell the new car for. Excluding tax, registration and dealer fees
X = the dollar amount saved off MSRP
Y = the % off MSRP (Move the decimal point over two digits to the right and that’s the percentage you’re saving.)
I highly recommend you start a virtual negotiation with your surrounding dealers through Braggle on www.AutoBrag.com. You basically place anonymous offers to all dealerships within a 25 to 200 mile radius within your zip code. Dealerships get to compete for your business without gaining your contact information. This method is the easiest procedure and it’s free of charge. There is no obligation to buy if a dealer accepts your bid.
Here’s a great car buying article written by a former car salesman you should read before buying. There’s always an advantage when preparing yourself for a car buying process.
Remember, cars are a commodity so these prices apply everywhere in the U.S. Goodluck and keep us posted!
November 6th, 2009 at 11:59 am
Tyler- i just bought a new ‘09 4WD Tahoe Hybrid (bascially the same as Yukon) with sunroof and rear entertainment center (fully loaded) for around $44k. Based on options included, a 2WD should be even less.