Chevy Entices Mustang Owners With New $2,000 Incentive On 2016 Camaro43
General Motors has introduced a financial incentive for the 2016 Chevy Camaro intended to attract owners of the Ford Mustang.
Specifically, the incentive in question provides $2,000 in GM bonus cash exclusively for owners or lessees of the Ford Mustang towards the lease or purchase of any 2016 Chevy Camaro.
Customers aren’t required to trade in their current vehicle to take advantage of the incentive. What’s more, the offer can be transferred to members of the same household.
According to sources within the Chevrolet dealer network, the offer was piloted in certain areas as far back as August, but officially launched in September.
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Great, so now instead of a V6 costing $45k with normal options + dealer markup, it’ll be $43k…
A normally optioned V6 Camaro should be in my garage for about $30k all-in.
Thankfully, no one cares about your opinion.
Hope this helps.
Not my opinion. What the salesman told me.
So you believe what a car salesman tells you?
So I say “It’s too much, I don’t want to pay that, I’m leaving now.” and they don’t stop me. So I believe them.
Before you posted your comment, perhaps you should have gone to the configurator for both the Camaro and the Mustang as I did. As it turns out, the Camaro with an 8-spd auto and the Mustang with the 6-spd auto as the only chosen options price out at $29,090 & $27,010. respectively which is a $2080. difference. Funny how GM came up with a $2k incentive isn’t it? The major point here is the 8-spd is far superior as is the weight to HP difference and handling for the Camaro giving it the obvious advantage and well worth a price premium. Also, the price is well below your $43K assumption so add options as you see fit. Also, here in S.FLA, there is a ton of inventory and dealers so forget dealer mark up and plan on less than MSRP if not invoice. My only issue with this incentive is it should apply to any sports car of any make and year to get people in the Camaro’s driver’s seat, IMHO.
You’re right, I didn’t go to the configurator. I went to the salesman. That was the figure I got from his mouth. Last time I mentioned the configurator to a salesman, he told me I was stupid. He obviously thinks y’all are stupid like me.
Well, having sold cars in the past, if a salesman ever said that to a customer, they would be fired. Not sure why you didn’t see the sales manager but if you do check the configurator you can also check multiple dealers closest for inventory closest matching your options. If that particular dealership sucks, there are more to choose from and many are willing to order your exact vehicle at MSRP if not lower. Dealers get a 3% hold back from the Manufacturer so at invoice, which many will show you, they still make $$. Only the salesman makes short $$ but for a lay down, like yourself, selling a unit comes first and most dealers will at least do it at MSRP if not lower depending on how much of a [email protected]$$ you want to be. Good luck as the Camaro is certainly worth it.
“… depending on how much of a [email protected]$$ you want to be.”
See that’s exactly my problem. I just say “$45k is too much” and “Phil” laughingly says people don’t care about my opinion and he gets (as of this post) 14 thumbs-up. That’s exactly why I don’t enjoy buying cars.
I get this is a lot to ask, but do a little price comparison on the lot. Ford will give you more off MSRP if your area is like my metropolitan area.
Beyond that, this offer is for 2016s which is for end of the year clearance. It isn’t a fix for 2017 and moving forward. Further, it only applies to a small slice of the auto buying community. So, if I walk into a Chevy dealership I’ll be told to pound sand, the $2,000 isn’t for me.
I’m giving GM about a year. If ATP is working for them still and they keep telling me accept their grossly bloated pricing or take a hike they lose another customer to Ford.
Even at a great price, it will be a cold day in Hades before I’d buy a sports car with cylinder deactivation.
Plus, the paint jobs are as bad as a Corvette and the leather is cheaper than a dollar store wallet.
The Camaro is still ugly so it doesn’t matter.
I just found a link alleging 2017 Camaros have an ‘across the board’ $1,000 price cut . While I suspect this is true, it’s in the context GM announced and applied a 2017 price increase when they first started selling 2017 Camaros so rolling back the price after 2017 launch doesn’t come close to a $1,000 difference between 2016s and 2017s. It’s comparing launch 2017s to September 2017 MSRP price drops.
This led me to a build and compare. The 2016 to 2017 Camaro 2SS convertible compare I did found a $790 price drop on 2SSs identically configured but $395 of that is GM isn’t charge for Black Mosaic Metallic paint in 2017 as they did in 2016.
So I decided to configure a price adjusted 2017 Camaro 2SS convertible and a 2017 Ford GT Premium convertible similarly configured the way I like it. Sure, it’s impossible to be 100% exact.
Spoiler alert: the Camaro costs a lot more MSRP forgetting my opinion you get better discounts on the lot at Ford. In fact, THE CAMARO WITHOUT OPTIONS COST ONLY $795 LESS THAN THE MUSTANG LOADED WITH $4,985 WORTH OF OPTIONS. The details:
Camaro 2SS Conv.__Ford GT Prem. Conv
Blind spot +……0………1,795
GT Perf. …………0……..3,190
Something needs to be done! 139 days inventory on Sept 1. Up again!
Wow getting paid to do the right thing.
The Camaro is a much better car than the Mustang , but people only see the dollar amount and do not do the research.
Just look around at what people do and who they vote for and it shows they do little research or independent thinking anymore.
The more advanced we get the more lazy and incapable people have become. No wonder so many need as Autonomous car anymore.
You are very correct the Camaro is a much better engineered and refined platform. For the money it is a really good by. But when some go to the dealer they believe the salesman or just buy the car on the how much per month it is vs. what they are really getting.
Not saying the Ford is bad as it is the best Mustang ever. No more converted Falcon or Fox body platforms where if you take the gas tank out there is no trunk floor. Most people for decades never knew they were driving a car where the tank was part of the structure.
The Camaro edges out the Mustang but is the small, incremental boost in Camaro’s performance worth a stiff price premium? People voting with their wallets are saying no in droves.
I won’t go into the styling and livability of the two cars since it’s so subjective. Plus the Camaro redesign isn’t dramatically changed here and generally is said to have improved in these regards except for being a little smaller, I can’t believe that is hurting sales.
What makes the Camaro a “much better car”? This should be interesting.
Try reading/watching all the reviews/comparisons out there and then answer your own “question”. Does it justify the real world price difference should be your question. Perhaps not but if your a chevy fan, maybe it does.
I’ve read all the reviews and watched the videos. The Camaro gets the nod as the better performer in most instances. That doesn’t make it a better car…to maintain, to live with daily, etc. Perhaps you should learn the difference.
Wow. This has to be the lamest move yet. The car is soooooo great it should be selling itself, right? It’s sooooo much better than the Mustang, that were gonna give Mustang owners money to buy our car. This is laughable!
Maybe your one of the fanboys I posted about earlier and in that case, go buy the mustang. If there is an equally equipped Camaro Mustang comparison buy, then YES, the Camaro is a better buy, especially with this $2K discount. I’ll state it AGAIN, 8spd auto, better HP to weight ratio, better handling. What MORE do you need?? Again, what’s the better value is a more appropriate question. Understand??
There’s more to making a car “better” than another car than an 8sp auto, hp to weight ratio, and handling (most of which can be remedied in the aftermarket). Do you understand? Either way, it’s still a lame move…you couldn’t lure Mustang buyers in with a “better” car so now you’re trying to offer them incentives? Sorry dude, that’s just lame. Flat-out. BTW, in my case, I did buy the Mustang. I was worried GM wouldn’t fix my major gripes about the Camaro with the new model…and they didn’t.
“I did buy the Mustang” says it all. Incentives are “lame” says volumes as well since incentives have been around for a long time from ALL American manufacturers, including Ford. Perhaps your just expressing some sour grapes or perhaps your Mustang is a Sweet lemon. Now go spend a few more grand for all the upgrades you need to perform to get the Mustang up to the Camaro’s level of performance. Oh yeah, lets look at initial investment and then KBB resale value for your mustang and the camaro, shall we?
Based on a base no option 2017 Camaro 1SS the MSRP is $37,900. The same configured 2017 Mustang GT is $33,820. Now take $2K off the the Camaro with INCENTIVE and the Camaro is $35,900. A whopping $2,080. difference. How much are the upgrades for your Mustang to get it on par with the Camaro? Anyhow, here’s some interesting RESALE info, positive or negative, you need to take into consideration according to Kelley Blue Book. This is based on the following parameters I input. 50,000 miles, in very good condition, Base V8, no options for the 2010 and 2014 years. 2016 is based on the same except 25,000 miles.
2010 Camaro 1SS $15,902-$18,849
2010 Mustang GT $13.288-$15,761
2014 Camaro 1SS $18,766-$21,345
2014 Mustang GT $17,150-$19,609
2016 Camaro 1SS $29,268-$32,403
2016 mustang GT $23,604-$25,989
Do you notice how the high end for the 2016 GT is basically $26k and still over $3k less than the low end for the SS. Over $6K if you compare high end to high end. Shocking, huh?
Your absolutely correct, ” There’s more to making a car “better “.
Wow. That’s about the dumbest argument for “better” that I’ve seen yet as I couldn’t care less about a strawman resale value arguement (especially since it’s destroyed when you factor in the initial cost to own both vehicles…the Mustang is priced lower in every year you mentioned). So now that this argument is destroyed… $1500 is all it takes to appropriately mod the GT. And as far as the incentives….pay attention here so that you don’t miss it again…the incentive is being offered to MUSTANG owners, specifically. In other words, this is not your normal incentive. That’s what makes it lame…especially when the Camaro is supposed to be the superior vehicle (right?). Show me a time when Ford or even Dodge has done that with their Pony/Muscle cars simply to improve sales. I’ll wait.
No $hit Sherlock as I ALREADY stated the INCENTIVE should be made available to ALL sports car owners regardless of year and make. You obviously don’t read prior posts. $1500 is ALL it takes to make a GT handle, loose all that weight AND produce 450 HP? LIAR… I produce facts and you spew BS. Go back to your Ford Fanboy website, this is GM Authority….
Oh, so you admit that it was lame….glad we can agree. If you pull your head out of your a$$ for a bit, maybe you’d understand that it doesn’t cost thousands of dollars to close the incremental performance gap between these cars, especially in acceleration which is the main concern for most people. So I won’t bother to tell you that you can purchase a performance tune from Ford for about $500 that adds 13hp and 16 lb -ft over stock, provides an additional 40 lb-ft of torque at 1500 rpm and adds no-lift shift and enhanced throttle response (all warrantied from Ford). I won’t bother to tell you that you can purchase handling packs from Steeda and even Ford Performance (warrantied from Ford) that start at less than a $1000. Seems to add up to about $1500 to me. How’s that for facts? https://performanceparts.ford.com/performance-packs/
I’m at 415rwhp with a tune, cattback and JLT CAI. 1400 bucks. Too easy. Kick rocks buddy. Headers make it 450.
it’s not always about just the value or the performance. I like the looks and feel of my mustang more than the Camaro. I drove both before I bought mine. Didn’t like the Camaro so why would I buy it just because YOU think its the better value? I recently test drove the new Camaro and again…didn’t like it.
Our subjective satisfaction is what it is all really about so congratulations on your choice/buying decision. My objective posts are simply that based on easily researchable facts. I’ve driven a Camaro and not the Mustang so you have me at a disadvantage there,but I have driven C5 & C6’s. Independent facts by multiple sources show the Camaro to be superior as is it’s resale value. If you must buy a lesser car, be proud of what you own, but concede the FACTS, please…..
Based on the base V8, the mustang looses, period. The V6 may actually be another story, especially with inexpensive boost. Stock turbo 4 and the Mustang wins but not on value/price. It all depends on what package you choose. With the current incentive offered by GM makes it a no brainer but no worries, buy the lesser vehicle for a few $$ less and deal with the lack of resale value and the FACT that you will spend perhaps thousands to get the same level of performance making their values the same, EXCEPT for resale which should make anyone think twice, fanboy or not. The newest Mustang is by far the best yet and certain configurations may actually be a good value but the Camaro IS the better platform short of it’s sight lines.
As a side note, while I’ve seriously researched buying both the Mustang and Camaro, I cannot justify the cost when a clean,low miles used C6/C7 Corvette for the same $$$ will still spank BOTH. They are out there…
Please do no forget many folks are stretched with their car purchases–movement to 72 month terms and underwater transactions
Better is only significant when you have the means to pay for it. Auto manufacturers are free to charge any price they desire but the buying public establishes the acceptable price. Often you price yourself out of consideration!
Well that is the dilemma today.
You need to build a better car as the customer demands it. On the other hand you have to balance the price to make sure they can still afford it. It is a tight rope many face.
GM has often charged more for their cars bur in the end most [not all] have enjoyed better resale. As for Ford they charged less but often they suffer in the used market.
Case in point. Back in 95 we bought a new T Bird as Ford was selling a V6 coupe for the price GM was selling a Sunfire for.
I it was a nice car but we had many issues with it. First the sway bar came loose then the Brakes were an issue. The seats started to go crooked as the pan sagged and ten the door sagged hitting the roof. Finally the head gasket started to leak.
My T bird was a great buy but it and many others all suffered the same malfunctions due to them trying to keep the cost down. Oh it also had the worst paint with orange peel and dirt.
I loved the car to drive but it was far from a good value in the end. I got what I paid for.
All automakers today are struggling with price. It also kills some of the neat models we used to get as if they make them then they are priced higher than anyone will pay.
Add in the slow to non growth of the economy for the last 10 years and the fact income has also not grown much for the average person and that leaves the auto industry in a real fix.
Next they predict the growth of the auto market will stall. If it does only higher profits per vehicle will retain the profits or any increases by the MFG.
This is what is stirring all this Lyft and Uber alliances. Since so many of the younger generations are not car lovers or feel any prestige in ownership they are more willing to turn to these other ventures and that is why the auto makers are signing on.
The way cars are built and sold will really change in the future.
My first car was a 91 T bird! Best car I ever had. I could see the gaskets were done before I bought it. I also had a Sunfire great car, most electrical problems I ever experienced in a car but I always recommend as they are very cheap and easy to work on. Strong runners.
It won’t help, Ford and FCA can also introduce their own incentives. The major problem with the car is the styling
FCA? Really? Their rolling brick Challenger SXT with a v6 is laughable and not even in the same league as the Camaro or Mustang regardless of price, nostalgic looks, or incentives. Depending on profit margin, Ford may not be able to offer a $2K incentive like GM and then the Mustang will not be the value the Camaro is with 8spd trans, HP to weight ratio, and handling. The only way “It won’t help” is if it’s a diehard Mustang fanboy who can’t make a rational and objective purchasing decision based on well established facts.
All those “facts” you stated are great BUT the car is still ugly. So regardless of the “facts” you stated I’m not gonna buy a car I don’t like the looks and feel of.
Wrong forum Zippy. The fact is I own Corvette’s and they spank ALL found on road dead, yes, FORD. ANY used Corvette will crush any new ford, for LESS…..
If you read up on the sales for all the cars in the segment they are all dropping. The two with incentives have dropped 5% and the Camaro at 15% with no incentives.
GM will see a gain in sales around 10% but all the cars in this segment are no longer the high demand love of most buyers anymore. This has puzzled all the makers.
As it is now FCA discounts are so low now they are not making much if any money. Ford is getting by but they like Chevy should not have to discount cars like these this soon.
Markets are changing and for more than one reason. Some not always so clear.
One other factor here is most people so not cross over here. Chrysler guys don’t buy Mustangs, Chevy guys do not buy Chrysler and Mustang guys do not buy Chevys in the V8 segment.
The V6 and turbo 4 is an area where they can get people to cross shop as many time it is single women and younger buyers. that hold no real tie to any one company. I see this at work all the time in the performance segment. Heck we sell a ton of shirts that say people would rather die than change in different ways.
Finally the coming emission and Cafe is going to change how performance is offered. This has the attention of all three and worried what will be accepted.
GM/Chevy may be losing the numbers to Ford, no doubt about that.
But the Camaro’s style appeals to younger buyers. The SS may be out of their budget, but the I4 & V6 is not.
Most of the looks of the Camaro that gets criticized are from the 50s and up age range.
This is a bit of a tangient, but along with the Cruze, Sonic & Malibu…Chevy is going to be strong with the younger generation.
As a person seriously pondering a Camaro 2SS, this offer is an epic fail.
First, I’m sick of offers targeting a certain segment. Mustang owners now. Military members (yes, I formerly was a Navy officer so don’t attack my patriotism) or school teachers in the past. I see such offers as marketing gimmicks for the attention they bring. If GM can cut them a break, they can and should for all customers.
Two, it’s undeniable the Mustangs are significantly cheaper and $2,000 doesn’t come close to closing the gap. Particularly in the context of clearing 2016 inventories. Local Ford dealers offered crazy discounts on 2016 Mustang GT Premiums up to $7,000 off MSRP. Chevy? I got quoted $1,700 off. Seriously? GM is offering 16% off select 2016 Camaros through 9/30. Work has kept me too busy to visit a dealer about this but I expect local inventory, some of which CarGurus says sat on the lot over 200 days, will finally move quickly.
Which leads to the 2017s. Prices went up over 2016s. Sure, Mustangs too but the Camaro sticker shock on the high end already is so close to LT1 Corvettes the value proposition is a joke.
Camaros got a lot of attention. It was a new model winning awards, getting accolades. 2017 is the 50th anniversary hype, 1LE release hype, and the LZ1 release hype. It still isn’t selling and about the last trick up their sleeve is hyping the future Z28. However, the 1LE, LZ1, and Z28 are mostly for car nerd blog fodder. Few copies will end up in driveways. Past media attention, they don’t fix the sales problem.
Camaro certainly has some issues but the 800 pound guerilla in the room GM refuses to address is the 2SS is easily $6,000-8,000 overpriced compared to Mustang GT Premiums. That’s priced on the lot. In this stagnant economy that’s a killer.
I knew GM was dead in the water with this car when I saw you had to spend $37k just to get in to a V8 Camaro. Considering you could get V8s at FCA and Ford for $4-6000 less, they are out of their minds and I don’t care what the options are or what the performance numbers are. Not making a base V8 model with a starting price below $34k was just idiotic.
I don’t believe this is really happening and that this is a clickbait BS article. Unless “GM Authority Staff” can satisfactorily explain why this story links out to Ford Authority as the source, and Ford Authority story links out to this GM Authority story as the source. Let’s see an external link from GM.