The Secrets to Your Lowest Possible Price on a New Car

Did You Know Every New Car Has a Secret Price?

It's the low price dealers offer Internet shoppers...

Discover the Dealer's Secret Price

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Los Angeles, CA

2016 Chevrolet Camaro Overview

Price Range: $25,700 to $48,300

Your Price: Ask Us


The redesigned 2016 Chevrolet Camaro tones up the sporty design language from the previous generation, sharpening its body lines and accents. The Camaro redesign is based on the GM’s Alpha architecture, sharing the same chassis as the Cadillac ATS for improved rigidity and lightness. For 2016, Chevrolet offers a new entry-level inline turbocharged  4-cylinder engine along with the traditionalV-6 and V-8 options.

The new Camaro has two trim levels at launch – the base LT trim with upgradeable powertrain and transmission configurations, and the SS trim which exclusively gets the V-8 engine. Keep an eye out for more high-performance trims and packages later this year.

At first glance, the appearance of the Camaro hasn’t changed much. It is still an aggressive, retro-inspired muscle car, maintaining similar aerodynamic forms and lines from the previous generation. However, it adds a touch of modernity with its new, standard LED daytime running lamps. A plethora of exterior options include HID headlights, LED taillights, vented hood, racing stripes, spoiler, and larger 20-inch wheels.

Three different engines are available for the Camaro – a 205-hp, turbocharged 2.0-liter   4-cylinder, a 335-hp, 3.6-liter V-6, and a 455-hp, 6.2-liter V-8. Each engine is offered with a 6-speed manual or 8-speed automatic transmission.

Chevrolet has updated the Camaro’s interior to be more driver-centric than ever before. The new, standard Driver Mode Selector allows access to different vehicle settings such as throttle, shift pattern, engine sound management, power steering feel, interior lighting, suspension settings and stability control sensitivity. Other available features include a large head-up display, Apple CarPlay , a wireless smartphone charger, and LED interior ambient lighting.

Like other Chevrolet vehicles, the Camaro offers 6 months of OnStar Guidance which includes Automatic Crash Response, Stolen Vehicle Assistance, Roadside Assistance, Turn-by-Turn Navigation, and Advanced Diagnostics. Standard safety features include a backup camera for parking assistance, an electronic stability control system, and air bags.

Secret 1: Consumer Incentives

Zero percent financing, employee discount, cash back, out-the-door price tags...

Most dealers work hard to offer the public competitive prices. These incentives can grab your attention, but they can also obscure the actual terms you're getting on your purchase.

How can you fully understand incentives to get the lowest possible price on your car?

Secret 2: Finance & Insurance

Most state franchise laws prohibit manufacturers from selling cars directly to the public, so the dealer will be your middleman. But in terms of financing and insurance, you can choose a bank or the dealer directly.

How can you determine what's in your best interest?

Secret 3: Additional Costs

Destination charges, taxes, license and title fees, advertising fees... When going to a dealership, you must ask for an explanation of any fee you don't understand. But you need to choose your battles wisely. Your local car dealer may have taken a loss or slim profit along the way, and your fighting over something like a doc fee when the deal is nearly wrapped up may be counterproductive.

In any case, there are many fees and charges in the sale process: some inevitable, others questionable.

How do you tell them apart?

Secret 4: Trade-in Value

If you currently own a car, it probably represents profit. The question is, whose profit will it be?

With few exceptions, you'll get the most money for your used car by selling it privately. That's because dealers pay wholesale prices — not retail prices — for used cars, and they sell them at retail.

Your current car's value can be used to lower the price on your new car. However, most people underestimate their used car's value when going to a dealership.

How can you maximize your value?

Secret 5: Dealer Holdback

The car manufacturer holds back a fraction of the price of all vehicles the dealership sells. Then, it returns the money to the dealership, usually on a quarterly basis.

Dealer holdback began its life as a safety net that ensured the manufacturers would have a security deposit of sorts if a dealership missed payments, and the dealerships would have money on hand to cover overhead costs when the holdback was returned.

How can you take advantage of dealer holdbacks to get the bottom line price?

Secret 6: Dealer Incentives

Unlike consumer incentives, dealer incentives are factory-to-dealer incentives that reduce the dealer's true cost to buy the vehicle from the factory to below invoice.

Manufacturers offer these incentives on a regional basis to generate sales on specific models. These incentives are sometimes referred to as "spiffs," and they can touch off competition among dealers to move slower-selling stock.

For instance, a dealer incentive may kick in when a certain sales target is reached, with each subsequent sale resulting in a higher factory-to-dealer rebate.

How can you benefit from that?

Get your free quote above and we'll tell you these secrets.
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