2008 Pontiac G8 to start at $27,595

click above image to view high-res gallery of the 2008 Pontiac G8

Today in New York during what we believed would be a mundane media event, General Motors dropped a mini-bomb on us when it announced pricing for its highly anticipated rear-wheel-drive Pontiac G8 sedan. The V6 model will arrive with a base price of $27,595, while the G8 GT with a V8 will begin at $29,995. Yep, they somehow managed to get the price of the performance model below $30,000, which, considering this car is basically imported from Australia, is amazing.

The base model is of course powered by GM's excellent 3.6L V6, though the direct inject version that's available with the Cadillac CTS. Expect around 260 HP for the V6, and it's mated to a five-speed automatic. The G8 GT, meanwhile, gets the General's 6.0L V8 paired with a six-speed automatic. Sorry, there's no rowing your own boat in a Pontiac G8, as no manual transmission appears to be offered.

We're pretty impressed that GM managed to keep the base price below $28,000, and that there's only $2,400 separating the two models. Mark our words, this car will sell out, at least in its first year of production and perhaps one or two after that.

[Source: GM]

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PRESS RELEASE:

Pontiac Announces G8 Pricing

New RWD Performance Sedan to Start Under $28k

DETROIT - Pontiac today confirmed pricing for its new rear-wheel drive G8 performance sedan will start at $27,595 when it hits the streets in early 2008. The V-8 powered G8 GT will be available for $29,995.

"The G8 represents the next phase in Pontiac's commitment to bring seductively designed, high-performance vehicles to the showroom floor," said Craig Bierley, Pontiac marketing director. "Our dealers and customers have been anxiously waiting for this vehicle since we first showed it at the Chicago Auto Show in February, so we're really excited to get this car on the street early next year."

The G8 is powered by a 3.6-liter VVT V-6 engine and five-speed automatic transmission and comes equipped with a number of standard convenience and safety features, including StabiliTrak electronic stability control, six airbags and OnStar. The G8 GT ups the ante with a 6.0-liter V-8 mated to a six-speed automatic transmission and additional standard equipment.

Customers can get a closer look at the G8 at www.pontiac.com/g8.

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