GM & Chevy to announce a Huge Promotion on Monday 7/17
07-19-2006, 04:16 PM
#81
Senior Member
Thread Starter
Join Date: 09-28-2005
Location: Cleveland
Posts: 115
Ok folks,
Here is what GM is offering on Chevy.
First off 0% on all 2006 Vehicles except Corvette and SSR for 36 months.
0% for 60 months for 2006 Impala, Monte Carlo, Silverado, and Colorado
0% for 72 months for 2006 Avalanche, Tahoe, and Suburban
other than that, they changed 2006 rebates:
500 for HHR (first time since vehicle has been out)
750 for cobalt
1500 for malibu v6
1000 for malibu LS
3500 for trailblazer
6000 for avalanche tahoe suburban
2000 for equinox
2000 for impala and montecarlo
2000 for uplander
3500-4500 for silverado (depends what cab size)
The reason some vehicles did not go to 0% is because of limited national numbers. so they offered bigger rebates.
Here is what GM is offering on Chevy.
First off 0% on all 2006 Vehicles except Corvette and SSR for 36 months.
0% for 60 months for 2006 Impala, Monte Carlo, Silverado, and Colorado
0% for 72 months for 2006 Avalanche, Tahoe, and Suburban
other than that, they changed 2006 rebates:
500 for HHR (first time since vehicle has been out)
750 for cobalt
1500 for malibu v6
1000 for malibu LS
3500 for trailblazer
6000 for avalanche tahoe suburban
2000 for equinox
2000 for impala and montecarlo
2000 for uplander
3500-4500 for silverado (depends what cab size)
The reason some vehicles did not go to 0% is because of limited national numbers. so they offered bigger rebates.
07-19-2006, 05:16 PM
#82
Platinum Member
Join Date: 05-09-2006
Location: "Upland" Mesa, Arizona
Posts: 6,805
Originally Posted by scrapinby
There is no such thing as a "GMAC discount". I was assuming he meant GMS. By best rate I meant interest rate. I know how GMS works, as about 85% of my sales are GMS. I have been selling for 5 years now, so that is a whole bunch of GMS lol.
STRAW PURCHASE: This is when a third party buys an automobile and finances it in his name for some else (who will be the actual driver) because of that other person's age, bad credit, or lack of credit, etc
I got the definition from:
http://www.ohiolemonlaw.com/car-dealer-dictionary.html
There is actually a lot of funny stuff on there that I have never heard.
If Captain was a co-buyer, then it is no longer a straw purchase. I wouldn't worry about it too much, it happens everyday.
STRAW PURCHASE: This is when a third party buys an automobile and finances it in his name for some else (who will be the actual driver) because of that other person's age, bad credit, or lack of credit, etc
I got the definition from:
http://www.ohiolemonlaw.com/car-dealer-dictionary.html
There is actually a lot of funny stuff on there that I have never heard.
If Captain was a co-buyer, then it is no longer a straw purchase. I wouldn't worry about it too much, it happens everyday.
07-19-2006, 09:15 PM
#83
Join Date: 07-12-2006
Location: Lansing, MI
Posts: 6
I would imagine that GMAC employees still qualify for GMS, but it is still called GMS. I don't know about the other companies listed, but for most EDS employees it doesn't pay to use GMS. They get the same price, but for whatever reason the way it is set up through EDS they have to pay tax on the savings (I believe they get a 1099 for the differance between GMS and MSRP, but don't quote me on that). Since most of the dealerships in our area sell vehicles for 3-4% over GMS, the savings do not make up for the tax that they pay.
07-19-2006, 09:18 PM
#84
Join Date: 07-12-2006
Location: Lansing, MI
Posts: 6
Originally Posted by batman5273
Ok folks,
0% for 72 months for 2006 Avalanche, Tahoe, and Suburban
The reason some vehicles did not go to 0% is because of limited national numbers. so they offered bigger rebates.
0% for 72 months for 2006 Avalanche, Tahoe, and Suburban
The reason some vehicles did not go to 0% is because of limited national numbers. so they offered bigger rebates.
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