Currently touted by Pontiac as the fastest car under $30,000, the 2009 Pontiac G8 GT will no longer be able to claim that title after its $1,365 price rise. New standard equipment being added to car adds some value, though the weakening dollar is likely at least in part to blame.
Priced at $29,995 in base form the 2008 Pontiac G8 GT is essentially a rebadged and slightly reworked Holden Commodore, designed and built by General Motors’ Australia operations. The new price rise places the car’s MSRP at $31,360. Though the U.S. and Australia have free trade agreements, the weakening U.S. dollar means the nominal cost of the car is rising, and so too must its retail price. The addition of standard XM radio and possibly Bluetooth device connectivity are also part of the price rise, adding some value for the $1,365 extra dollars, reports GM Inside News.
The base model G8 sedan will also receive a price bump to $27,995, a jump of $400 over the 2008 model. Option packages and prices are expected to remain the same for the 2009 model year, however, so the modest price rises and additional standard features will be the only additions to the G8 lineup for the year. Pricing for the high-performance G8 GXP wasn’t included in the information.
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-----The orginal Mr.Goodwrench on the JBO since 11/99-----
screw XM , leave that crap out
optional nav would be 1000 times better
i'll probably wait a couple years a buy a used one anyways
CodeRedZ24 (aka Geeds) wrote:i'll probably wait a couple years a buy a used one anyways
Best Idea ever!! Test drive one with about 20k miles on it and see if it still has the same feel - thats the ultimate test of how refined and well built this thing really is.
thats still a great deal for that car
I saw one whiz past me the other day on the interstate. They look very nice in person.
This car is going to be a text book worthy failure.
... and thats sad.
ExESIVE FIRE + jackstands! wrote:I don't want to agree....
But I am close... Anyone price out a lease on one of these things? its about the same payment to buy, the Residual sucks! Its actually cheaper to get into a 08 CTS that is priced higher...
New car. You pay for the hype.
I DO beleive it is a fine automobile though. AND bringing Australian cars over is a smart idea.
My Cav
I give up...
i'm buying a VW those people love trees, so they should love eachother too... "Andy"
uhh... Wrong...
The 08 CTS is a brand new car as well... And has MORE hype...
you pay for the residual value that GM sets. And because there isn't anything to go by, they are guessing, and setting the bar low, like almost 50% low
there as the BMW they are "killing" is up in the 70% range (along with the Cadillac....
So for someone like myself who is looking to get into a lease for my DD to get out of an upside down buy on my current car, that puts the G8 out of the question, and actually into a more expensive car because the payment is actually less...
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http://www.j-body.org/forums/read.php?f=24&i=110879&t=110879
ExESIVE FIRE + jackstands! wrote:uhh... Wrong...
The 08 CTS is a brand new car as well... And has MORE hype...
you pay for the residual value that GM sets. And because there isn't anything to go by, they are guessing, and setting the bar low, like almost 50% low
there as the BMW they are "killing" is up in the 70% range (along with the Cadillac....
So for someone like myself who is looking to get into a lease for my DD to get out of an upside down buy on my current car, that puts the G8 out of the question, and actually into a more expensive car because the payment is actually less...
Maybe I just see it differently.
It is a completely new vehicle being introduced to the market. The CTS is an established model, already availible from GM. (Yes it did have a face lift this year, but it had already been around the block.). GM is predicting the G8 to sell well, so Why not take advantage of this fact in your COMPLETELY new model ?.
My Cav
I give up...
i'm buying a VW those people love trees, so they should love eachother too... "Andy"
When you are talking about a lease though, you are paying for the decrease in value of the car for the time you own it....
And if they are setting residual value in the 50% area, they are pretty much saying the car will loose half of its value during the lease term, which is bad for multiple reasons... Most of which being your payment goes through the roof and you end up spending per month what you could on a car that cost 15-20k more...
Now it is only fair to point out that they have no history to base their info off of, but starting that low almost makes me feel like they don't even expect resale to be good...
** FOR SALE**
http://www.j-body.org/forums/read.php?f=24&i=110879&t=110879
