Last week I wrote about incentives and the marketplace, explaining that the slower business is, the better the incentives get. Well, the ink on the newspaper was barely dry when GM announced 0% financing for 72 months on most 08 GM cars and trucks. If you compare the normal finance charge on a $65,000 SUV to 0% you could easily realize savings over $15,000. Even at today’s gas prices, $15,000 buys a lot of gas. In fact that’s almost 4 years worth of gas for the typical driver of a full size SUV. If you compare gas prices from last year to this, you could drive 13 years before using up the savings at $4.00 per gallon assuming you drive 15,000 miles per year at 15 mpg average.
And GM didn’t restrict this savings to only full size pickup trucks and SUV’s; it applies to some of our most fuel efficient cars as well. And remember that GM offers more vehicles that get 30 mpg highway than any other manufacturer. If you have been considering trading your current vehicle on something that gets better fuel economy, this is a great time to do that as well. You could finance an $18,000 G6 with no money down for about $250 per month and get over 30 mpg highway. Think of the annual savings there. Considering that you will have only basic maintenance expenses with no repair cost while under warranty, your monthly ownership cost for the first three years could be as little as $270 per month. This considers estimated basic required maintenance at today’s rates if performed at the GM Giant, for the first three years on a Pontiac G6 added to your car payment. It also assumes 15,000 miles per year driving with service following GM’s Maintenance I and II.
As I wrote about last week, if you want to ad to your commercial fleet, this is an incredible time to buy a new pickup truck. The savings with 0% for 72 months are as good as it gets. Add to that the fact that JD Powers rated GM’s full size Silverado as the highest quality full size pickup on the market based on initial quality surveys and GM’s best warranty in America, and you have an incredible value.
General Motors continues to amaze the automotive press with the incredible engineering of its new products. The Chevy Malibu has been touted as equal to or better than Toyota Camry and Honda Accord by the automotive press. Now the preliminary tests indicate the new Chevy Traverse to be better than Toyota Highlander. The trend of Japanese vehicles being considered superior to GM’s is now turning as the nations’ best selling automaker is proving that it can build the best cars and trucks in the world.
In years gone by, the big three used incentives alone to sell cars and trucks. Now GM is building the best cars and trucks in the world, and because the public is still skeptical, they are using incentives to get you to try the product. If you are even remotely thinking about purchasing or leasing a new car or truck, this is the best time in history to consider General Motors. For more information on this and other GM cars and trucks, visit us at www.gmgiant.com. Drive safely... Hurry, though- 0% financing for 72 months ends Monday, 6/30/08.
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2 comments:
Lee I've been reading your articles in the Star for many months. They’ve become part of my regular Sunday diet. I find them not only interesting but encouraging; and even a little inspiring. They are interesting because they tell me things I don’t know. They are encouraging because they reveal US auto makers are in fact producing top quality vehicles, contrary to popular belief. And they are inspiring because it’s simply good to read positive material, epically about good old USA. It is good to see an American boasting about American products. That's hard to fid these days. If there were more of it perhaps we would see more consumption of American made products and less unemployment. GM has had to do more then catch up with foreign competitors it’s had to leap frog them; meaning, give a better product, at a better price and set the cutting-edge pace so the competition can't slip ahead again. It takes a good bit of extra effort for an Executive to consistently set down and prepare a well thought through document for public consumption, knowing full well he may never get any direct feed back. So keep it coming. We see it. We read it. And it's paying off.
PS: I really enjoyed reading this past weekend that Chevy and Buick are at the top of the customer service rating list.
Bravo Americana.
Uncle Art,
Although you are as far as I know of no relation to me, I would be proud to be your nephew. Your comments are right on. GM and the other domestics not only have to build quality vehicles, they must be equal to or superior to the imports, for us to get back the market share we have lost over the years. When customers considering imports come to our dealership and test drive our vehicles, more often than not we sell them a car. The problem is many are unaware of the advances we have made, and never even give us a look. As an example, the Chevy Malibu is not only rated higher in quality than the higher volume selling Camry and Accord, it is lower in price and better in fuel economy than both. It was North American Car of The Year and is a dream to drive. It comes with OnStar, something you cannot get on either of the Japanese offerings. And contrary to popular belief, the Hondas and Toyotas assembled in America are still built primarily with Japanese parts and most of the money made goes to Japan.
It is time for Americans to consider supporting their country by purchasing American products and services. Thanks for your comments. You may have found my article to be inspiring, but it can’t compare to how inspired I am by your comments. GO GM and GO USA!!!
Lee
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