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