View Full Version : I Think I Know What The Lmm Stands For
cowboywildbill
01-15-2007, 18:33
LOT'S MORE MONEY ! "Ha Ha"
As in $7195 for the Duramax LMM engine.
cowboywildbill
01-16-2007, 06:39
Yep! I wonder what the real $ dollar figure will be over what a comprable equipped 07 classic is. I guess we will have to wait and see.
DieselMonk
01-16-2007, 09:42
In Canada the LMM is 9,170$ and the Allison is 1,445$ for the new style 07's. All together it's 10,615 Can$ just for the "Diesel option". :eek:
silverback
01-16-2007, 09:50
Sure glad I've only got 42K on the (paid for) LB7.
94 at Large
01-17-2007, 17:28
After seeing the numbers I thought it stood for "little more muscle".:D
It would be my guess it would mean LOTS MORE MAINTENANCE!!! After seeing all that scrap iron on the exhaust system!!! I am so glad to have decided to buy the LBZ. Wait until that DPF goes into regeneration cycle in a full blown 2000degree burn in someone's garage it will burn so fast. All that just looks like a time bomb with a fuse of unknown length!!!
cowboywildbill
01-18-2007, 15:17
Yep I guess that could happen, in that case it could stand for
Lots'a Molten Metal.
DieselMonk
01-18-2007, 15:59
How about Love My Muscles?;)
WOW! 10g's for a diesel engine. Not good. Now with the elimination of the 8.1 big block, GM is really going to bone us.
$7195 for DMAX engine plus $1200 for Allison trans = $8395 (US $$) above the cost of the base 6.0L gas engine. This upgrade(!!) is half the cost of the Chev 1500 Extended Cab Pickup that I purchased in 1995 !!
mschuyler
01-19-2007, 11:51
07 Classic 2500 PDN Heavy Power Pkg: $7,055 MSRP Total: $7,055
07 ---900 2500 LMM Duramax Diesel: $7,195 MSRP
07 ---900 2500 Allison 6 speed Tran: $1,200 MSRP Total: $8,395
06 ---800 2500 PDN Heavy Power Pkg: $7,555 MSRP Total: $7,555
from Edmunds.com. As you can see, if the prices are correct from edmunds, the difference isn't that great. Indeed, the Classic 07 is cheaper for the option than the 06. What makes the trucks more expensive? I built the ones below using the LT3 or LTZ trim level (They changed the nomenclature, but I can't see much difference in the particulars.) Each truck is a 2500HD Extended cab, 4WD, Standard (i.e.: short) bed with the Diesel and no other options to confuse the comparison.
06: 2500-- $43,240 MSRP, $38,468 Invoice, $38,817 Actual
07: Classic $43,115 MSRP, $38,398 Invoice, $39,448 Actual
07: 900--- $46,890 MSRP, $42,267 Invoice, $46,780 Actual
Edmunds has a "TMV" Total Market Value price they say reports what people are actually paying. Since the 900's aren't out yet I don't understand how they can do that, but maybe it's pre-orders. This is BEFORE rebates, so if there's a $1200 rebate on the Classic until 2/28/07, reduce the price by that much. So from these figures you can see that the Diesel option itself has not made the numbers go up. GM raised the base price from just over $43K to just under $47K (Why? To reflect the longer warranty?). The second issue is that the 900 series will be hotly sought after, so "deals" will be harder to come by--basic supply and demand--so if you want a 900, you're gonna pay.
I believe I'm going for the 07 classic myself. I see no reason to pay nearly $10K more for a truck that has a different fender flare and more junk on the engine. And yes, he price is higher. I remember when a brand new truck was $1995, but then I made $1.25 an hour, too.
I have noticed a few trends in GM pricing over the last couple of years (and it continues in their newer pricing schedules).
1) There is a smaller percentage difference between MSRP and invoice for the vehicle itself. This leaves a smaller difference in price that the dealer can move when negotiating. In the prices you show above, in the '07 Classic the MSRP/Invoice delta was about 11% while the '07 GMT 900 the delta is 10%.
2) The employee pricing (GMS) that GM offers has changed drastically. For many years the trucks were in the 15-18% discount range from invoice. The current pricing for the GMT900 is about 11%. Interestingly, the discount for all options is 20% (including the DMAX/Allison combo). So there appears to be more margin in option pricing.
In the end, the American Auto Manufactures are starved for cash, so they are going to get it anyway they can.
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