GM Now has $5500 Rebates

[crazypontiac03]

General Motors Adds Rebates as High as $5,500 to Increase Sales
www.bloomberg.com

Dec. 8 (Bloomberg) -- General Motors Corp., the biggest spender on auto sales incentives, will offer new rebates as high as $5,500 in some U.S. regions starting Dec. 10 after sales fell 16 percent in November, according to an incentive Web site.

The rebates are only available to buyers who use General Motors' finance unit for loans, according to Autodollars.com, a Web site that collects incentive information. The new incentives are part of a so-called ``Red-tag'' sale on 2004 and 2005 models that runs through Jan. 3. General Motors' spokesman Deborah Silverman did not return phone calls seeking comment.

General Motors has been using special sales events such as 72- month loans and a guaranteed interest rates on future purchases for the last several months to increase dealer visits as models from competitors such as Toyota Motor Corp. have gained ground. North American President Gary Cowger said Dec. 3 the company will remain ``aggressive'' with incentives.

The Detroit-based company's share of the U.S. market fell in November to a record monthly low of 24.8 percent from 28.2 percent in the same month a year earlier, according to Autodata Corp. of Woodcliff Lake, New Jersey.

Article Source: http://www.bloomberg.com/apps/news?...wZQCKI&refer=us
__________________
------------------------------------------------

HELLO Truck!!!! (maybe)

[AznGA]

Oh man, if I hear something like this, it makes me wanna come back to GM again. If I had the money I wouldn't mind trading in for a new GTP........

[fo44rd]

Originally Posted by crazypontiac03

General Motors Adds Rebates as High as $5,500 to Increase Sales
www.bloomberg.com

Dec. 8 (Bloomberg) -- General Motors Corp., the biggest spender on auto sales incentives, will offer new rebates as high as $5,500 in some U.S. regions starting Dec. 10 after sales fell 16 percent in November, according to an incentive Web site.

The rebates are only available to buyers who use General Motors' finance unit for loans, according to Autodollars.com, a Web site that collects incentive information. The new incentives are part of a so-called ``Red-tag'' sale on 2004 and 2005 models that runs through Jan. 3. General Motors' spokesman Deborah Silverman did not return phone calls seeking comment.

General Motors has been using special sales events such as 72- month loans and a guaranteed interest rates on future purchases for the last several months to increase dealer visits as models from competitors such as Toyota Motor Corp. have gained ground. North American President Gary Cowger said Dec. 3 the company will remain ``aggressive'' with incentives.

The Detroit-based company's share of the U.S. market fell in November to a record monthly low of 24.8 percent from 28.2 percent in the same month a year earlier, according to Autodata Corp. of Woodcliff Lake, New Jersey.

Article Source: http://www.bloomberg.com/apps/news?...wZQCKI&refer=us
__________________
------------------------------------------------

HELLO Truck!!!! (maybe)

How about building cars that increase showroom traffic vs. mad dash supposed give away deals?

[Vintalage]

Originally Posted by AznGA

Oh man, if I hear something like this, it makes me wanna come back to GM again. If I had the money I wouldn't mind trading in for a new GTP........

That, my friend, would be your worst mistake.

[digitalballz]

i got an email the other day from one of the local dealers telling me about this rebate. saying that now is the time to buy a brand new gto. I thought about it........ and still havent decided.

[Vintalage]

I got a call from one of the dealers I visited for a test drive of the GTO saying just about the same thing.

[Mike3800]

Originally Posted by Vintalage

That, my friend, would be your worst mistake.

Aren't you going back to GM by buying a GTO?

[Vintalage]

Originally Posted by Mike3800

Aren't you going back to GM by buying a GTO?

Considering. I'm definately looking at what the consequences would be. Though he didn't say it, I'm assuming he's going to purchase the GTP. I would be leasing the GTO so I wouldn't have any issues as far as resale goes.

[Mike3800]

Originally Posted by crazypontiac03

General Motors Adds Rebates as High as $5,500 to Increase Sales
www.bloomberg.com

Hmmm.... seems lilke the big car company is getting desperate.

I think a better plan would be to lower the prices to begin with. GM used to be KING of bang for the buck. Evidently they didn't hear the public's respose to their new sky high pricing.

Who in their right mind pays 30 Grand for a Chevrolet FWD sedan when they can get an Acura sedan for less money?

Well, perhaps when they get knocked down to 2nd place by Toyota, the bean counters might get a clue.

They still make the best bang for the buck used cars.

[Mike3800]

Originally Posted by Vintalage

Considering. I'm definately looking at what the consequences would be. Though he didn't say it, I'm assuming he's going to purchase the GTP. I would be leasing the GTO so I wouldn't have any issues as far as resale goes.

Seriously if I were you I would not bother. Why? Because it is an expensive car, resale is low (just wait.. it will be), leasing is a ripoff, and from the way you talk about cars, you would be better suited spending the same money on a more quality car. There you have it.

[Vintalage]

Originally Posted by Mike3800

Hmmm.... seems lilke the big car company is getting desperate.

Just as I stated in this thread for the GTO.

More rebates on GTOs

[crazypontiac03]

Suppoesly I had hear a RUMOR that the rebate well go as high as 7500 in Jan. If sale's dont pick up!

I'll pass Thought price maybe higher but resale and quialty will be better, ya you guys know what company's im talken about.

[AznGA]

Originally Posted by Vintalage

That, my friend, would be your worst mistake.

Why? If I had the money, I would be "purchasing" the GTP, because it would be modded. The style is growing on me. I know you like Altima's, but if I can get a roomier car that's faster and easier to mod for thousands less(after rebates), I think it's a good deal.

[02andahalfgt]

Originally Posted by crazypontiac03

Suppoesly I had hear a RUMOR that the rebate well go as high as 7500 in Jan. If sale's dont pick up!

$7500?! Is that for all GMs across the board?!

[2003GaGt1]

Thats basically how i got the GA, i bought it for less than what it cost to build the car. The dealership almost wouldnt sell it to me but i called my stepmom, who works at the GM HQ's and she made a couple calls. All in all, you take a 2003 GAGT, use employee discount, then rebates offered, then at the time military rebates an extra 1k, then tax free (military). Its worth it then. The price i got, nobody else can touch. Thats why i love my GA and GM.

[crazypontiac03]

Originally Posted by 02andahalfgt

$7500?! Is that for all GMs across the board?!

Not to sure, It almost sounded like only on SUV's And Trucks! But this could be all talk.


Sometimes i think, that was talked about a few year ago is begining to un-fold with Gm, Being Bought out or being part of Honda By 2010. Sometime i wonder. They already use a Honda Engine in the Vue, Would not surpise me. I personally very much doubt i will own another GM probably be a Honda/Toyota.

[02andahalfgt]

Well if that $7500 is for all GMs I'm getting a Saab!

[AMRAAM4]

Originally Posted by 02andahalfgt

Well if that $7500 is for all GMs I'm getting a Saab!

nope

[02andahalfgt]

So just trucks then? I'll settle for an Envoy.

[fo44rd]

Originally Posted by Mike3800

Aren't you going back to GM by buying a GTO?

A GTO and GPGTP are 2 differnet worlds......one is a legit car worthy of discussion and debate, the other an afterthought until it cost 3,000 used as a winter beater.