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Tuesday, March 31, 2009

Government Motors Giving Itself an Advantage

From a major investment firm:

New management means a new plan. GM is announcing a new marketing program it is calling "GM Total Confidence". GM is also offering what amounts to a partial insurance program for car payments in case of job loss. If a car buyer loses their income (that is to say, is qualified for unemployment benefits) within 24 months of purchasing a GM vehicle, GM will make as many as 9 payments for up to $500/month. There is also a sales incentive package with GM offering to pay the balance owed on trade-in vehicles. This is on top of other incentives such as 0% financing. A new warranty covers 5 years and 100,000 miles (thanks apparently to the federal government).

When you have the US Treasury behind you you can load on as many features and benefits as you want.

1 comment:

Anonymous said...

Ford's offering an even better deal, a year's worth of payments of up to $700 without the .govs help