By on May 15, 2009

If you’ve been following my travails on a new car, you already know that GM won’t extend my lease or sell me my Saab anywhere near a realistic market price. That ticked me off. So I was forced to seek out a new car. Looked at the BMW 328i Coupe and the Infiniti G37. Neither car was making my day. There are very few Bimmers with manuals (unless I wanted a stripped black sedan—price leaders for the dealers) and the Infiniti simply lacks soul.

Just for kicks, I test drove the Pontiac G8 GT. Wow . . . much better car than I expected in terms of driving dynamics. Not only is it powerful with its pushrod V8, but it has excellent road manners. It really does drive as well as a Bimmer 550i, but the interior is more on par with what we’ve come to expect from GM with chintzy plastics and less-than-quality switch gear. And it’s kind of “Guido” looking with the fake hood scoops. But for the money, well, screw it, I want one!

So should I buy a new Pontiac G8 GT now or wait until after the GM bankruptcy in two weeks? There are two major issues involved: 1) there’s only one G8 GT in the color and options I want in the entire region; and 2) there’s a great incentive of 0% financing for 60 months available (or a big rebate of $3K) now. If I wait two weeks . . . the car could be gone. On the other hand, it’s likely that the incentives will get even better as GM seeks to blow out cars from closed dealers and dead brands (like Pontiac, Hummer, and Saab).

Would you wait for a new round of GM incentives to purchase BUT face the risk that there’s only one color/option car on the ground today you want could be gone? Or take the car today with excellent financing (or big cash rebate) available now and not worry about leaving money on the table in a few weeks?

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69 Comments on “Ask the Best and Brightest: Pontiac G8 GT Now or Later?...”


  • avatar
    Antone

    Buy it and enjoy!

  • avatar
    dswilly

    Don’t do it. Go buy a preowned 550i. That GM plastic will not be your friend before the 60 months is up

  • avatar
    ConspicuousLurker

    If it’s the car you really want and the price is good, why wait?

    You might get a better deal, but you might be left with nothing.

    And it isn’t like they’re making Pontiacs anymore. :)

    Patience CAN be a virtue, but it isn’t always so.

  • avatar
    Edward Niedermeyer

    Yes.

  • avatar
    26theone

    Im guessing you are already aware or dont care about the depreciation hit that is coming very quickly. As long as you dont think you will want/need to sell this car within 5-7 yrs its probably worth it to take the plunge if you can get a price you are comfortable with and dont mind driving a dead brand.

  • avatar
    educatordan

    Here’s the question you should ask: How many G8s remain in dealer inventory in your area and how many have manuals? I’m under the impression that GMs not really importing anymore of them because of slow sales and killing Pontiac but maybe that’s another of those unfounded rumors. You need to decide what the chance is of you actually getting what you want as the weeks slip by. I have a feeling that the manual transmission is more important to you than the color combo.

  • avatar
    Domestic Hearse

    Buy it? Never.

    Lease it? Maybe.

    Take note of the fact that Chrysler vehicles have experienced an additional 10% depreciation since the company’s filing. Overnight.

    Also heed the warnings of those of us who are current owners of other orphan GM vehicles (go ahead, try n’ trade it, and behold the rough wholesale offers dealers give you, regardless of your car’s condition).

    If you keep this car a really, really, really long time, well, okay. Buy it.

    Or if you can wait six months, and can scarf a low miler up for less than half price, buy it.

    Otherwise, no way.

  • avatar
    Pch101

    Do understand that this car will depreciate badly. If you want out of it in a few years, you will be taking a bath. Look at this one as a wedding, not as a date.

    It’s hard to say what will happen with incentives. My suspicion is that slapping unique incentives on the hood of this one will not be a high priority, because they are a low volume car attached to a dying brand, and the company has much bigger fish to fry.

    As a retail buyer, you may actually find them hard to get, not because they’re in high demand but because they may end up being allocated unevenly through the system, or a fleet buyer might just take delivery of a huge quantity of them in a one-off deal, making them scarce at the retail level. I’d hesitate to get one, but if you can haggle well now and you insist on having one, I might not wait.

  • avatar
    Areitu

    Find one of those GM dealerships that’s closing and give it a shot there…I’ve driven by pontiac dealerships that have nothing but G8s parked out front.

    dswilly :
    May 15th, 2009 at 11:42 am

    Don’t do it. Go buy a preowned 550i. That GM plastic will not be your friend before the 60 months is up

    I saw a 6MT 550i listed on Craigslist recently…for around what the MSRP of a new G8 would be. Might not be such a bad idea.

  • avatar
    kericf

    Is it possible that in 15 to 20 years these cars could be collectibles? There is no more Pontiac after next year, but there is still a lot of heritage in the brand. There really have not been many sold, and considering what use most will see how many well cared for examples will survive hard usage and GM penny pinching without being cast off to the scrap heap? The depreciation will kill you if you plan on selling it in a few years, but long term you may have quite a gem on your hands. A car most people don’t recognize or can’t name from a manufacturer that no longer exists but that can perform on par with some of the best in the world (just don’t look inside!). It would at least make an interesting conversation piece.

  • avatar
    MikeInCanada

    Put me down for waiting a few months.

    What we are seeing today (this month actually) is just phase one of GM’s “Carmagedon!”

    Next will be when the Zombie Dealers start to eat into the living ones. Then it’s time to buy…

  • avatar
    Nicholas Weaver

    I’d wait:

    You may have to have the car you want trucked to you, but dealers WILL ship cars around if you are fussy on specs (eg, my Mazda6 was “Blue hatch, tan leather interion, manual, loaded”. There was one in CA. Down in Long Beach. The dealer had it hauled it up to the Bay Area), OR you could just go on a long trip to get the car in question out of the area.

    Chapter 11 will not change the finance incentives, but will drop the price by a few grand right off the bat.

  • avatar
    turbosaab

    he drives a Saab, he is already used to the GM plastics, no big deal. I’d take GM plastics over BMW repair bills, any day of the week.

    if the color is really important to you, buy it now. Otherwise, I’d wait another few weeks. Chances are good you will see another few grand knocked off the sticker

  • avatar
    jpcavanaugh

    I’m on the fence here. If the issue is now or later, may as well do now, because selection will only get worse over time.

    My concern is that these don’t share nearly the level of parts from the GM bin as with all the other Pontiacs. This will be a very unique car, very low production and therefore more of a parts problem as they get older than other GM or Chrysler orphan cars. Getting parts will not be impossible, it will just become your hobby after awyile. With the depreciation hit you will take, it will be your hobby for a LONG while. I hope you really like this car. If you do, then go for it. Maybe this is the modern equivilent of the Studebaker Avanti.

  • avatar
    bigbaffoon1

    Why are so many talking about depreciation?
    I think that this car will be very limited, making itsort of a classic.
    I still am just worried about the warrntee.

  • avatar
    energetik9

    It’s ultimately your choice. It comes down to how much you want it and I do understand the risk of buying the exact model you want now vs. taking your chances later. It would also depend on how long you really intend to keep the car. Personally, I would be hesitant just due to the state of GM. Depreciation…she’s a comin.

    About the BMW 550 idea, I like it. Don’t let the repair bill thing scare you. My BMW’s have been rock solid and very reliable. I would however be very scared about repairs on a product line that is being scrapped by a car company on the verge of bankruptcy. If you can still find a dealer after the closures.

  • avatar
    SunnyvaleCA

    I thought the GT version was automatic only. I found out (the hard way) that an increase in power doesn’t compensate for the transmission downgrade when it comes to driving enjoyment.

  • avatar
    gaspassoregon

    imagine a long road trip and it goes on the fritz in bfe. parts and service, dealer (local or otherwise) interest in helping you out to get you home? Ouch.

    I passed on a turbo x (my dreams of an all wheel saab allowing me to return to the brand after audis/bmws!) which was great to drive for the simple reason of in the NW they are down to one dealer per state- Portland and Fife (south seattle)! That was 6 months ago, can’t imagine its going to get better. Got a Subaru w/ 6 spd and AWD. Add some sway bars and an accessport, and you have one screaming machine that flies below radar and has affordable parts and a brand that is on the upswing.

  • avatar
    Dan R

    Are there any used G8 manuals out there to buy?
    The price would be interesting.

    Dan

  • avatar
    guyincognito

    I wouldn’t buy it before the bankruptcy. As we’ve seen from Chrysler, if you have any issue requiring funding from GM, you will be an unsecured creditor at the way back of the line.

  • avatar
    holydonut

    I never understood why people like to ask others for car purchase advice when they’ve found a car they like.

    I can understand if someone were going into a car purchase and wanted advice about what types of cars were available. Obviously this doesn’t represent you since you know what cars are out there (both new and used).

    I could understand if someone were asking for information regarding dealer financing / leasing / bank financing / whatever. But it sounds like you understand that side of the car-biz as well. Regarding depreciation, most people who don’t report a full income statement and balance sheet every year, depreciation is only realized when you actually sell your car, and I would believe you are the best one to predict when you plan on selling your car. If you’re planning on using the G8 as a “business” car then by all means start recording that depreciation up front so you can reduce your taxes. But I believe you’re smart enough to understand how the car stuff works to already have considered depreciation.

    But if you’ve already found a car that you value at the dollar amount you like, then asking for advice only serves 2 reasons. One is to talk yourself out of it (which is 99% likely since TTAC’s audience does not represent a cluster of GM fanatics like other places). Or, you want someone to reaffirm your decision so you feel better about it (very unlikely here on TTAC).

    If you like a car, buy the damn thing. You’ll always have critics telling you that “you could buy xyz car – your car purchase is not an intelligent decision.” The only person who can tell you that the G8 is the right car for you is simply yourself. Once you’ve tested the Camaro, Genesis, and whatever else might interest you – decide for yourself.

  • avatar
    ConspicuousLurker

    guyincognito makes a great point.

    If it’s a lemon, you’re SOL (at least until Obama makes good on his promise to honor warranties).

  • avatar
    Zammy

    If it is the car you really want, and you don’t mind throwing a little money down the drain, then I say go for it.

    But if you want to save a few grand I say wait a little longer.

    I know how hard it is to put off buying a car once your “I WANT IT” gland is in full operation – I’m there right now. But there are just a TON of unknowns regarding the Pontiac brand specifically and GM in general. I bet that if you wait 3 months you’ll be able to knock another 10% or more off the G8 of your choice.

    I hear you about this being the only one in your area, but a one-way plane ticket to another area is cheap, and spending part of your weekend driving home a car you got a great deal on can be a delicious pleasure.

  • avatar
    RickCanadian

    First I would find out if the dealer that has the G8 you like is in GM’s “death list”…

    I would wait. You should be able to find a G8 manual at some dealer in the future, with a reasonable colour, and I can hardly believe that GM will quit its addiction to incentives in the near future, even in dying brands. But as Pch101 said, this is a wedding, not a date.

  • avatar
    Lokkii

    Another vote for the lease…. you can always buy it from GM’s successors at the end of the lease.

    Either it will have begun to show signs of becoming a collector’s item (which I doubt)in which case you’ll be able to buy it cheap, or it won’t, in which case you’ll be able to say goodbye without taking the depreciation mentioned above.

    I (old labor negotiator that I am) would start the flirting early next week and maybe even put down a $100 or so deposit “while you work through the financing”. That way negotiations will be underway but not finalized when the other shoe drops. If someone comes by in the interim, and is willing to pay more than you it’s possible you might lose, but not likely. Still the dealership won’t trade it off to another dealer or send it back with a ‘live one on the line’.

    As for if you should buy a G8 or not – you’ll regret it all your life if you don’t. This car, the Camaro, and the CTS-V are the high water marks of the old GM that is about to die. The lights are going out all over Detroit, and you likely won’t have another chance to own an American car like this again in your life time. BMW will be around for next time. A real, V8 tire-smoking GTO won’t.

    Do it.

  • avatar
    Pch101

    depreciation is only realized when you actually sell your car

    It is realized if you wreck your car.

    Put it this way — if you get into a major accident in this car within the next few years, you aren’t going to squat for it, because the retail book on it will be low. Likewise, if you decide that you want or need something else, you will take a maximum hit trying to sell it.

    The issue of the bankruptcy is also relevant. It’s a fair guess that the new GM will ultimately take care of whatever problems may arise, but you can’t know for sure, and it might be rough going if things go wrong before the dust has settled on the reorganization. You have to expect an interim period when dealing with anything related to the company will be a PITA, and severe situations such as lemon law issues may not work out well at all.

    Collector value is highly unlikely, so that isn’t a reason to buy it, either.

    Still, if you want it with specific options, features, colors, etc., finding those in the right combination could be hit or miss. If you are more open, I’d be in less of a hurry.

  • avatar
    bumpy ii

    Parts for a G8 won’t be a huge issue, but you will be dialing +61 a lot.

  • avatar
    bmmr

    In Canada, it is next to impossible to find a new G8 GT so some Canadians are pillaging U.S. inventories for their finds…

    So, if you can ifnd what you’re looking for , then buy it!!!

  • avatar
    cRacK hEaD aLLeY

    Let me get this straight: You want to buy a car with fake scoops on the hood that:

    1. Was built in Australia by a subsidiary of a company that is about to go bankrupt and
    2 Was Re-badged to a brand that no longer exists.

    Great idea!

  • avatar
    Areitu

    kericf :
    May 15th, 2009 at 11:55 am

    Is it possible that in 15 to 20 years these cars could be collectibles?

    It’ll probably be the same kind of collectible a Corvair or a suicide-door Lincoln Continental is. It’ll have its enthusiasts, the general population won’t care.

  • avatar

    Ask yourself how much you are willing to pay for the color and options you want. Estimate what the savings is likely to be if you wait post-bankruptcy. then do the numbers.

  • avatar

    That G8 Summit is actually not a bad looking drive. Fairly clean for a contemporary Pontiac.

  • avatar
    AKM

    There are very few Bimmers with manuals (unless I wanted a stripped black sedan—price leaders for the dealers)

    Can somebody say: “poseurs” to all those auto-trannies on “ultimate driving machines”?

  • avatar
    WildBill

    Hmmm…. since I’m no GM fan my only advice would be to wait and see what come post C11. If you are still in “love” you might be able to get a better deal, in my mind it would have to be a he%% of a lot better, but that’s just me.

    A buddy of mine is in similar situation, has a Pilot coming up on the end of the lease but the buy out price is way over market and they won’t budge on it. I don’t think his credit is sterling and he doesn’t have any down payment, so he’s having some issues getting financed for something else from the sons of Nippon, not to mention what he’s looked at is over priced by about $1,500 to $2,000. He’s resigned to sitting back and waiting for the right deal. Sounds like the smart move right now.

  • avatar
    deanst

    I’m going through a similar thought process about a Saturn Astra. With all the discounts available to me, I can get one now at half price. However, I don’t really need a new car, and it seems like there will be a lot of good small cars coming on the market in the next year or two.

  • avatar

    Buy a used one on eBay and save $10,000.

    I’m sure you can find the color combo you want. Just fly out to wherever its at and pick it up. You still saved $9,500.

    Use the money you save on a hookers and blow party.

  • avatar
    stevelovescars

    Buy a used car or watch eBay for blow-out deals on G8s.

    I see some dealers in TX on eBay offering them for $5k off of MSRP (including the $3k rebate) putting a V8-powered G8 GT at about $25,700 before TT&L.

    So one can get a loaded v8 powered mid size hotrod for the price of a VW GTI… definitely a lot of car for the money.

    Still, the warnings others have given are spot on. Even with “guarantees” from the government getting warranty work done on one of these may be very difficult. Remember, today, one can’t even get warranty work on a GMC truck done at a Chevrolet dealer even though the vehicles are exactly the same. There is a lot of accounting and back-end work GM will need to do to permit cross-franchise warranty reimbursement and I imagine that this will be far down on the priority list post Chapter 11. This doesn’t even take parts availability into account.

    Depreciation will certainly be horrendous, but then again, the first couple of years of depreciation on a new BMW 5-series will still be more in dollars than the entire purchase price of a new G8. A few years ago I bought a used 525iT (2-years old with 24k miles) for $26k, exactly half the original purchase price of $52k. Great deal for me but the first owner could have owned a new G8 outright for what he lost in depreciation alone on that BMW in 2 years. Just putting the depreciation into perspective.

  • avatar
    autobahner44

    Just buy it.

  • avatar
    carguy

    Go for it. The depreciation will not be worse than any other car in this price bracket but a V8 RWD sedan will always be good fun. If you wait too long you may not end up with the color or options that you want.

  • avatar
    Redbarchetta

    Ken what exact options is it that you are so set on having, their aren’t that many options you can get on the G8 GT from the factory. Maybe some of them are dealer installed that you could just get put on one you buy at a later date.

    You really should wait, it doesn’t make it a whole lot of sense to buy it now, no one is really buying so chances are it will be there later and having been at the dealer even longer they will be even more willing to deal ontop of the bankruptcy deals that will be out then. I bet if you wait until mid June early July you will be able to get a GXP for the what you are now willing to pay for a GT.

    Prices are dropping fast on those G8’s you eally should think about getting a used one, but still wait a month or 2 and let the other person/dealer take the big financial hit thats coming after they file.

    I would not be worried about a dwindling supply, I think everyone is wrong on that front. GM is still making G6 right now, aren’t they. And if they stop making G8’s down under Holden has production number problems. I would bet anything the GM has 6 months of supply still in the pipeline coming even if they stopped production yesterday, which I know they haven’t, HELLO GXP! Don’t forget it takes a while for the ship to get here from Australia.

    Our dealer has 3 on their website right now, 2 GXP’s and one GT. NEW G8’s
    And 2 used G8 GT’s.

    I bet if you used us on TTAC you could find exactly what you are looking new or used in several areas.

  • avatar
    Maverick

    The residuals are horrible on Pontiacs, down 10-12 points in just that last 6 months according to ALG.

    So unless you really love that car and gotta have it, I’m not sure why you would want to own a car that has a 36% residual after 3 years. And leasing would be horrible, too, since you are essentially paying for the anticipated depreciation.

  • avatar

    They are $9000 off right now in Canada if that helps in any way.
    On one of the Chrysler C11 posts I remember reading that the PTFOA was recommending that Chrysler cut the amount of cash on the hood as part of the bankruptcy…How would that work? Seems counterintuitive.

    I think no matter what happens in the short term you will be able to pick up a lightly used G8 for a lot less in a year or two.

  • avatar
    hdtestrider

    So, the dealer gave you the old “sorry sir, their is only one car in America like the one you want, routine”.
    I figure in six months the dealer will be coming to your house.

  • avatar
    skygreenleopard

    Ken,

    Please wait. While you may be able to get a good deal, I’m assuming you got a good deal on your Saab being a smart car guy and all. That said, if you lease new, you’re going to be in the SAME exact situation once the period ends. You’re going to have a good car, but it’ll depreciate way too much by then. If you care to own it, that’s fine, but you’re not going to get a good buy offer from the dealer, AND they’ll be a ton of money left on the lease if you decide to re-finance or buy it after the lease.

    Wait and buy used, or go with the Bimmer.

  • avatar
    twotone

    Buy it now.

    Call me in three years and I’ll give you $12k (maybe) for it.

    I’d take a used BMW 3 or 5 series over any new American car.

    Twotone

  • avatar
    Kman

    What an absolute, categorical “NO!”

    How much were you going to pay for it? 30K?

    Tell you what, give me $30K, I’ll give you a G8 GT plus $5,000 in a few weeks… and I’ll keep another $8,000 for my troubles.

  • avatar
    Lee

    If it’s what you want, buy it now.

    You’ll kick yourself if you wait for a couple of weeks and it’s gone, which it probably will be.

  • avatar
    George B

    My instict is to wait at least a couple weeks to see what happens with the GM bankruptcy.

    cRacK hEaD aLLeY :
    May 15th, 2009 at 1:15 pm

    Let me get this straight: You want to buy a car with fake scoops on the hood that:

    1. Was built in Australia by a subsidiary of a company that is about to go bankrupt and
    2 Was Re-badged to a brand that no longer exists.

    Considering the low volume and Australian origin, parts may not even be available from junkyards. How many parts does a Pontiac G8 have in common with the new Chevrolet Camaro?

    Aftermarket Nissan Z parts may also work on the Infiniti G37. Didn’t see “soul” listed for sale, but Nissan tuners may have suggestions on how to wake up the G37.

  • avatar
    Lee

    @ George B :

    True, a Stillen intake and exhaust will add 20 – 30 HP and give it instant soul. I’ve driven one, they sound awesome and haul ass.

  • avatar
    cory02

    I have struggling with the same dilemna myself. It seems that there were better deals on new G8’s in March so I’m reluctant to buy new right now. At least for the moment, I’ve decided to wait a month or 2 and see what happens to the price of slightly used G8 GT’s. I’m more than happy to let someone else take the orphan-brand depreciation.

  • avatar
    pista

    Anyone paying for a new Commodore is really just buying a relationship with the Service Dept. Wait a little while and pick up a used one.

  • avatar
    stephen newberg

    I would be dubious about buying a car from a firm known to be going into bankruptcy and a division scheduled for demise.

    The used BMW makes more sense to me, or, you might consider waiting a couple of months and then checking out the new SHO from Ford due this summer. The preliminary specs on it sound very good.

    pax, smn

  • avatar
    Matt51

    There is never a logical reason to buy any new car. So go ahead and buy it now. Its like having sex, you will feel better once you have done it.

  • avatar
    JEM

    The E60 5-series BMW has a horrid interior, it’s not a bad driver, as with all BMWs (and I own two E39s that I like a lot) be prepared for a fair number of little glitches. Parts prices are generally not scary if you know where to shop (local dealers often mark up 60-200%, this is true of other brands too, in my experience Toyota and Audi are every bit as bad.) I could live with an E60 but I don’t love it.

    The Holden Commodore (G8) is a really nice car, yeah the interior’s closer to US-built-Toyota than to BMW in material quality (but the design’s certainly no worse than the 5er), and it’s a LOT roomier than a 5 (basically on a par with a short-wheelbase E65 7-series.) Future support is definitely an issue.

    As for the new SHO…the twin-turbo motor ought to be a jewel, but the drivetrain’s still FWD-biased, and it’s still based off the too-tall, too-fat Five Hundred/Taurus/MKwhatever platform. It’s a blimp, substantially larger and heavier than the G8.

  • avatar
    mmarreco

    I have a G8 GT and I say buy it! I have owned BMWs so I can say from personal experience that this car is up there. True, there is some cheap looking plastic (in the lower portion of the dashboard), but overall it looks pretty good and drives amazingly well. It has muscle-car power and torque and that you won’t find in a BMW unless you spring for a M-series.

    There are not many of these around, and I am hoping GM rebadges it as a Chevy (or Buick).. It would be a shame to see this outstanding car disappear with the phase out of Pontiac!

  • avatar
    charly

    Holden will probably be sold by GM. If it is the Chinese or New Opel who will buy it (and those are the likely candidates) than the question is will the reintroduce it to the American market (seeing that that only requires putting it on the boat i think the answer is yes)

  • avatar
    folkdancer

    Gas will be $4 a gallon in 6 months.

    What sort of mpg does the G8 get?

  • avatar
    stevelovescars

    Speaking from personal experience you’re probably better off with an orphaned G8 than with an out-of-warranty BMW in terms of cost of ownership.

    Heck, I’ve even had less trouble with used Saab 9-5s than with the two BMWs I’ve owned. Interior plastics quality only goes so far when you have electrical problems and every mechanical hiccup costs as much as a new Kia.

    Don’t get me wrong, I love driving BMWs but I prefer to drive someone else’s BMW or to buy them used with a really good extended warranty.

  • avatar
    MBella

    I’d wait. The dealer with the best price will still find you the car speced out the way you want. It doesn’t matter if it’s on the other side of the country. After bankruptcy these will be way cheaper, and a way better deal.

  • avatar

    Easy answer. Go in and make your best lowball offer now, if they accept great buy it now, if not walk and wait. Have steel balls and keep emotions in check. Try $27,500 out the door.

  • avatar
    artmaltman

    WHERE CAN I GET A STRIPPED BLACK 328!!!!!

    NEVER SEE THEM ON THE LOTS.

    YES I AM SCREAMING.

    WHICH DEALER, WHERE?

    Thank you. (getting composed….)
    Art
    ps: it better have sport suspension :)

  • avatar

    Ken, you would know better than anyone else (post-CH11) about how dealer assets’ will be sold off. Perhaps you know who owns the floorplan financing on the dealer that has the G8 you want?

    If not, just offer invoice minus 3000 rebate. Or if you pity them, offer 200-500 over invoice. That will always be a good deal, unless you have an inside line on a local GMAC auction.

    I’d be tempted to lease this vehicle simply because the parts (especially soft parts like interior stuff) will be hard to find post CH11, especially if Holden is wiped off the face of the earth. You gotta really love the G8 to think long term on this purchase.

  • avatar
    HEATHROI

    Considering the low volume and Australian origin, parts may not even be available from junkyards. How many parts does a Pontiac G8 have in common with the new Chevrolet Camaro?

    order them from Australia

    A Man from Ford Australia in a comment about dropping the BOSS V8 for the Coyote for its Falcon said in passing about the possible demise of Holden said he wasn’t going to count on it.

  • avatar
    JuniorMint

    This is a brand that no longer exists from a company about to file. This is your last chance, in other words.

    If this is a car you really have to have, and it’s already a good deal, BUY IT.

    Look at it this way: which will you regret more in ten years, missing out on another few grand, or missing out on your last chance to own this car?

    (This message brought to you by Pontiac of America: We’re Still Here, Dammit)

  • avatar

    I got my loaded 2009 G8 GT (sport, premium, sunroof), 12 miles, for $26,164 back in February with a Motorola IHF1000 Bluetooth. A 2009.5 would naturally be a bit more, but play hard to get with the dealer. I would haggle more toward the end of the month. If you’re curious, on my 45 mile daily commute (mix of highway and city/stop-n-go) and mostly city weekend driving, I get about 17-18mpg with the A/C, 19-20mpg without the A/C. On a on hour stint on the highway at 70mph avg, I got 24.0mpg with the A/C on, no cruise control.

    What color are you looking for? I was very particular about my color as well, getting Magnetic Gray Metallic. There were no 2009.5s in the country in that color at the time or I probably would’ve tried to get the mid-year update.

    Definitely don’t go in expecting this car to be a collectible as there were too many made. Apparently production on the GXP is ceasing soon at somewhere under 1800, which is pretty small. Regardless, they wouldn’t have a chance of becoming a collector any time soon. Be sure to get gap insurance to cover any potential depreciation when Pontiac closes its doors and you get into a wreck.

    Depreciation is less predictable now, but Edmunds cost to own for 5 years lists the G8 GT at $49,020 ($32,682 actual price) for 5 years and $69,046 for a 2006 550i (actual price $34,311) and $61,687 on a 2005 545i (actual cost $25,707). This includes depreciation costs. As a former BMW owner, I know the maintenance/repair costs and insurance can be high and BMW V-8s aren’t as rock solid reliable as the 6 cylinders.

  • avatar
    SupaMan

    I’d wait…better deals to come later, especially when you know what GM’s status is AFTER bankruptcy.

  • avatar
    npbheights

    Just WAIT!

    You live in the age of the internet. Whatever you want, someone, somewhere, will be trying to sell it, most likely at a great price.

    Late in April I found someone online locally selling a FULLY LOADED 21K mile 2007 Lincoln MKZ AWD for under $17,000. But the tires were a bit worn and the wheels all had a bit of curb rash. It was the exact color combination I wanted, in excellent shape, and had options I didn’t even know I wanted (Cooled Seats!?! – awesome!) I bought it, but I HAD to do something about those wheels

    So, Did I go roll into Costco and drop $800 on a set of Michelin MXV4 Energy S8 or go to the local Lincoln Mercury dealership and drop $1800.00 (or more) on a new set of wheels, or spend a few hundred dollars having the current wheels refinished?

    No. I consulted “the google” and found someone on ebay.com trying to sell a Brand New set of factory 2007 Lincoln MKZ wheels with center caps, with brand new three year old tires (DOT# 2806) that still have the little nipples on the tread…. Less than 10 minutes from where I work. FOR LESS THAN THE PRICE OF 4 TIRES AT COSTCO.

    See: http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&item=200316796219&sspagename=STRK%3AMEWNX%3AIT&viewitem=#ht_2075wt_1188

    When you want it, you will find exactly what you want somewhere out there for a lot less than the brand new full retail sucker price at a dealership somewhere.

    There is a reason these people are in trouble and it is due to the ease of freedom information that the internet provides. Use it!!!

  • avatar
    gslippy

    Never. Don’t ever buy a G8. What dope are you on?

    You’d actually consider buying a car from an extinct division of a bankrupt company?! I’ll bet you also have an International Scout and a Studebaker parked somewhere, hoping they’ll increase in value someday. :)

    Forget about it.

  • avatar
    OzStrat

    For those who think the G8 is going out of production, it is not. It will continue to be manufactured in Australia as the Commodore, thus ensuring a continuous supply of parts for your G8’s.
    Holden is going no-where. It is virtually autonomous from GMNA, is self funding and in better shape than any other GM division.
    Holden factored in the loss of G8 production many months ago and has moved on. It’s survival did not and does not depend on the G8. Though I am sure they would be only too happy to slap on a Chevy badge and send some more over.
    Almost everything the world buys these days is made in China. China is just as far away from you as Australia is, parts won’t be a problem.
    Interesting, May sales of the G8 at record levels.

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