If you're thinking about buying a 06 HHR today you might want to wait..
06-27-2006, 06:49 PM
#41
Platinum Member
Join Date: 05-09-2006
Location: "Upland" Mesa, Arizona
Posts: 6,805
Maybe I can help a little with the 72 hour....July 5th.. thing !!!
GM Corporation looks at this as a holiday weekend. Therefore, the sale is 72 hours officially. However, if a dealer is still open through the holiday weekend AND reach GMAC (which I doubt) they will still sell you the vehicle. The key to this activity is taking delivery by July 5th.
Some dealers know how to get around this.
For the "guy" on the forum who asked about the employee discount...it is now 10% off of MSRP, plus destination charge, tax & license and no more than $75 for documentation fees (most dealers wave this).
Whoever your sponsor is should be able to provide the requirement paperwork which explains all of this.
PM me if you have any questions....I'll try to answer them (I'm retired salaried GM employee, who has sponsored many eligible relatives and many eligible suppiers).
GM Corporation looks at this as a holiday weekend. Therefore, the sale is 72 hours officially. However, if a dealer is still open through the holiday weekend AND reach GMAC (which I doubt) they will still sell you the vehicle. The key to this activity is taking delivery by July 5th.
Some dealers know how to get around this.
For the "guy" on the forum who asked about the employee discount...it is now 10% off of MSRP, plus destination charge, tax & license and no more than $75 for documentation fees (most dealers wave this).
Whoever your sponsor is should be able to provide the requirement paperwork which explains all of this.
PM me if you have any questions....I'll try to answer them (I'm retired salaried GM employee, who has sponsored many eligible relatives and many eligible suppiers).
06-27-2006, 09:34 PM
#43
Senior Member
Join Date: 06-26-2006
Location: Hochspeyer Germany
Posts: 322
I found this article which some of you (more importantly me) might find of interest. It describes the current 0% sale as well as employee pricing.
http://www.businessweek.com/ap/finan...e_up%26chan=db
http://www.businessweek.com/ap/finan...e_up%26chan=db
Associated Press/DETROIT
By TOM KRISHER
Associated Press Writer
GM brings back zero percent financing
JUN. 27 5:06 P.M. ET General Motors Corp. said Tuesday that for a short time it will offer zero percent financing for up to six years on many of its cars and trucks as it tries to clear inventory off lots in preparation for the new model year.
Company officials said the financing would be offered on Chevrolet, Buick, Pontiac and GMC models during a sale that begins Thursday and ends July 5.
The announcement heats up the incentive war between the domestic automakers, and it comes at a time when GM says its June sales likely are to be 30 percent below the same month last year, because at that time, GM was offering an employee discount promotion.
But company officials said Tuesday that they have no plan to return to employee pricing. DaimlerChrysler AG's Chrysler Group has said it would consider a return to employee discounts for everyone, a promotion launched last June by GM that pushed sales to record numbers.
A DaimlerChrysler spokesman said no decision has been made on incentives, but an announcement would likely be made on Friday, the date the current incentives expire.
"We're not planning on reviving employee pricing," Mark LaNeve, GM's vice president of vehicle sales for North America, told reporters Tuesday.
The pricing, which amounts to a 5 percent discount, would not work as well as last year and is not popular with dealers, he said.
It also would contradict GM's strategy of trying to wean itself off incentives and increase its average sales price, LaNeve said.
"We don't want to go to market that way," he said, adding that GM is trying to improve its brand image so it sells great products rather than great incentives.
"We're confident we've got the right strategy, and we're gonna continue down this path," he said.
GM expects to average $2,836 in incentives per vehicle in June of this year, $1,100 less than the same month last year.
The Chrysler Group, LaNeve said, has a huge inventory and already is offering big incentives, sometimes as much as $6,000 per vehicle. Employee pricing could actually be a worse deal than some of the company's existing incentives, he said.
"It's amazing for GM to say that considering who's led us down the road of incentives for many years," DaimlerChrysler spokesman Mike Aberlich said.
He said Chrysler, like other manufacturers, has built up an inventory of large SUVs.
GM will offer zero percent financing for 72 months on all Chevrolet, Buick, Pontiac and GMC models except for the Chevrolet Corvette, Hummer H1, medium-duty trucks, and the Pontiac Solstice and the G6 convertible, company spokesman John M. McDonald said.
In addition, GM will offer interest-free loans for up to five years on 2006 Cadillac, Saab, and Hummer models. Zero percent also will be available for 36 months on some 2007 sport utility vehicles, including the Chevrolet Tahoe, Suburban and Avalanche and the GMC Yukon and Yukon XL. Those models were introduced earlier this year.
GM shares fell $1.85, or 6.7 percent, to close at $25.90 on the New York Stock Exchange.
By TOM KRISHER
Associated Press Writer
GM brings back zero percent financing
JUN. 27 5:06 P.M. ET General Motors Corp. said Tuesday that for a short time it will offer zero percent financing for up to six years on many of its cars and trucks as it tries to clear inventory off lots in preparation for the new model year.
Company officials said the financing would be offered on Chevrolet, Buick, Pontiac and GMC models during a sale that begins Thursday and ends July 5.
The announcement heats up the incentive war between the domestic automakers, and it comes at a time when GM says its June sales likely are to be 30 percent below the same month last year, because at that time, GM was offering an employee discount promotion.
But company officials said Tuesday that they have no plan to return to employee pricing. DaimlerChrysler AG's Chrysler Group has said it would consider a return to employee discounts for everyone, a promotion launched last June by GM that pushed sales to record numbers.
A DaimlerChrysler spokesman said no decision has been made on incentives, but an announcement would likely be made on Friday, the date the current incentives expire.
"We're not planning on reviving employee pricing," Mark LaNeve, GM's vice president of vehicle sales for North America, told reporters Tuesday.
The pricing, which amounts to a 5 percent discount, would not work as well as last year and is not popular with dealers, he said.
It also would contradict GM's strategy of trying to wean itself off incentives and increase its average sales price, LaNeve said.
"We don't want to go to market that way," he said, adding that GM is trying to improve its brand image so it sells great products rather than great incentives.
"We're confident we've got the right strategy, and we're gonna continue down this path," he said.
GM expects to average $2,836 in incentives per vehicle in June of this year, $1,100 less than the same month last year.
The Chrysler Group, LaNeve said, has a huge inventory and already is offering big incentives, sometimes as much as $6,000 per vehicle. Employee pricing could actually be a worse deal than some of the company's existing incentives, he said.
"It's amazing for GM to say that considering who's led us down the road of incentives for many years," DaimlerChrysler spokesman Mike Aberlich said.
He said Chrysler, like other manufacturers, has built up an inventory of large SUVs.
GM will offer zero percent financing for 72 months on all Chevrolet, Buick, Pontiac and GMC models except for the Chevrolet Corvette, Hummer H1, medium-duty trucks, and the Pontiac Solstice and the G6 convertible, company spokesman John M. McDonald said.
In addition, GM will offer interest-free loans for up to five years on 2006 Cadillac, Saab, and Hummer models. Zero percent also will be available for 36 months on some 2007 sport utility vehicles, including the Chevrolet Tahoe, Suburban and Avalanche and the GMC Yukon and Yukon XL. Those models were introduced earlier this year.
GM shares fell $1.85, or 6.7 percent, to close at $25.90 on the New York Stock Exchange.
06-27-2006, 10:06 PM
#46
Member
Join Date: 05-16-2006
Location: N/A
Posts: 90
Originally Posted by Snoopy
GM Corporation looks at this as a holiday weekend. Therefore, the sale is 72 hours officially. However, if a dealer is still open through the holiday weekend AND reach GMAC (which I doubt) they will still sell you the vehicle. The key to this activity is taking delivery by July 5th.
By the way, I don't remember who said it, but GM doesn't typically advertise these things to employees. If you came in on Saturday and found out Monday that the 0% was going on, it's not your sales consultant's fault. Same thing with rebates. Chevy likes to see as many units as possible go out with the available incentives. Otherwise dealerships would backdate (or forward) orders to get the new discounts. That's why we never know what the next month will hold for rebates.
06-27-2006, 10:12 PM
#47
Senior Member
Join Date: 04-30-2006
Location: Maryland Heights, MO
Posts: 9,149
Originally Posted by BryceStrong
GM is going for a last-minute push for sales to end June. We're looking to get customers in the door in these three days, so all the orders have to go in NOW, or no dice. The delivery thing really comes into play in case your HHR (or other new Chevy) is ordered through a dealer trade, is having accessories installed, etc; essentially something that would need to be scheduled outside of the given 72 hours.
By the way, I don't remember who said it, but GM doesn't typically advertise these things to employees. If you came in on Saturday and found out Monday that the 0% was going on, it's not your sales consultant's fault. Same thing with rebates. Chevy likes to see as many units as possible go out with the available incentives. Otherwise dealerships would backdate (or forward) orders to get the new discounts. That's why we never know what the next month will hold for rebates.
By the way, I don't remember who said it, but GM doesn't typically advertise these things to employees. If you came in on Saturday and found out Monday that the 0% was going on, it's not your sales consultant's fault. Same thing with rebates. Chevy likes to see as many units as possible go out with the available incentives. Otherwise dealerships would backdate (or forward) orders to get the new discounts. That's why we never know what the next month will hold for rebates.
06-27-2006, 11:13 PM
#50
Senior Member
Thread Starter
Join Date: 06-20-2006
Location: MI.
Posts: 289
The more you read the more confusing it seems, some say it starts Thursday while this link says http://www.gmc.com/currentoffers/ind...cmp=72hrgmhome Right Now Get 0% APR For 72 Months..all I know is I got mine today ( Tuesday ) with 0% for 72 months.