Skip navigation
MOST POPULAR RELATED TAGS
  • TOPICS
  • SECTORS
  • COMPANIES

Current DateTime: 06:35:36 10 Feb 2012
LinksList Documentid: 28897362
Expiration DateTime: 2/10/2012 6:36:42 PM

CONTRIBUTORS


Current DateTime: 06:35:36 10 Feb 2012
LinksList Documentid: 43857646
  • Cindy Perman

      News Editor at CNBC.com and the author of The Pony Blog (ponyblog.cnbc.com). She has also written a book, “New York Curiosities,” and does stand-up comedy.

  • Jane Wells

      CNBC business news reporter, based in Los Angeles, covering the defense and technology industries. She writes the CNBC.com blog Funny Business.

#PONYBLOG ON TWITTER

ABOUT THIS BLOG

The news can get a little heavy sometimes, with debt crises, vicious markets and crappy earnings reports. So, we dispatched our crack reporters, Cindy Perman and Jane Wells, to find some levity amid all this seriousness. May we offer you a Keynesian cocktail with a side of bacon?

Why a Pony? To be clear, there were no ponies harmed in the making of this blog. The blog’s name, “There Must Be a Pony In Here Somewhere,” comes from an old joke, a favorite of Ronald Reagan’s, that essentially means, with a pile of you-know-what this big, there MUST be a pony—a bright side—in here somewhere!

Subscribe


Current DateTime: 06:35:36 10 Feb 2012
LinksList Documentid: 43860133
Email the Pony Blog

There Must Be A Pony In Here Somewhere

Text Size

Don’t believe the hype that all you have to do is walk into a U.S. car dealership and they’ll practically pay you to walk out with the car.

GM Dealership
AP
Don't expect to be treated like a king when you go to the GM castle.

After courting Honda dealerships for an Accord for weeks, getting every song in the car-salesman book, from a sermon mocking U.S. auto makers to a demand of “What’s in it for me?,” my husband and I bit the bullet and went to a General Motors dealership.

It was clear that Honda was the pretty girl at school and she wasn’t going to give us the time of day. If we wanted a date to this recession dance, we were going to have to go to a U.S. dealership and GM was going to be our best chance to score.

For sure, it was a risky move: If GM went out of business, we could be screwed. But the Chevy Malibu was rated top of its class and the possibility of a dirt-cheap deal made us salivate like hungry wolves at the scent of fresh meat.

We chose our strike date carefully: Easter Sunday.

We were the only ones at the dealership in the New York City borough of Queens, a stark contrast to the bustling Honda dealerships we'd visited. We let the salesman know that we had been around the block a few times and we were ready to make a deal—today.

He went to consult with his manager and came back with his best “Easter Sunday Special,” which was essentially the invoice price, and $2,000 more than the best price we got on a comparable Accord.

We asked about the Internet prices we’d found, which were also listed in that day’s newspaper and confirmed over the phone, that were $5,000 to $7,000 less than his so-called Easter special amid a slew of rebates.

The salesman whipped out a Sharpie and scribbled his price and the Internet price on a piece of paper, then listed all the charges—not rebates—that made up the difference, including two that appeared to be different ways of saying “destination charge.”




Current DateTime: 09:37:11 10 Feb 2012
LinksList Documentid: 29778428

Current DateTime: 02:33:42 10 Feb 2012
LinksList Documentid: 29779196

Current DateTime: 11:35:14 10 Feb 2012
LinksList Documentid: 29779197

Current DateTime: 02:56:31 10 Feb 2012
LinksList Documentid: 29779199
CNBCCNBC
About CNBC  |  Site Map  |  Video Reprints   |  Advertise  |  Help  |  Contact
Privacy Policy  |     |  Terms of Service  |  Independent Programming Report
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2012 CNBC LLC.  All Rights Reserved.
A Division of NBCUniversal
Thomson ReutersThomson Reuters