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GM offers customers a more affordable way to buy new cars

GM offers customers a more affordable way to buy new cars

We’re right in the middle of summer and it seems that everybody’s just about ready to put on their sun blocks and head out for a vacation. But before doing so, you might one want to hear about this interesting new promotion by General Motors:

The 72-Hour Sale.

While this sale doesn’t exactly translate into GM cars being offered at slashed prices at discount bins, it does allow prospective – and well-qualified - buyers to be offered a low-rate financing of 0 percent for up to 72 months on a number of 2009 and 2010 cars, including the Chevrolet Chevrolet Silverado, the GMC Sierra GMC Sierra , GMC Yukon XL SUVs, the Chevrolet Impala Chevrolet Impala , and a slew of Pontiac Pontiac models including the Vibe, the G3, the G5, the G6, and the G8. Other GM models also have their own reduced rates of financing of 0 percent for up to 60 months – also for well-qualified buyers. For more information on this once-in-a-lifetime program, including a full list of current offers, conditions, and eligible vehicles, prospective buyers can log on to http://www.gm.com/shop/currentoffers/

Continued after the jump.

In addition to the 72-Hour Sale, GM is also announcing its participation in the government’s Cash for Clunkers program that will kick off later on this month. According to the Detroit-based manufacturer, as soon as the Federal Car Allowance Rebate System –or, as its more popularly know these days, the ‘Cash for Clunkers’ program - goes into effect later this month, prospective buyers can choose from as many as 74 different models that qualify in the government’s new trade-in program.

If anybody still isn’t familiar with the Cash for Clunkers program, it’s pretty easy to understand. All you have to do is trade-in their old vehicles for a newer, shinier, and more fuel-efficient model. As part of the CARS program, customers who trade-in their clunkers will be given vouchers that are worth from $3,500 to $4,500 cash from the CARS program. If you have a car that qualifies under the category of ‘scrap’, you can bring it to your local dealer and the dealer does the rest. For more information regarding the CARS program, you can visit your local GM dealerships or you can log on to http://www.cars.gov.

With two exciting new programs set to further jumpstart what is quickly becoming a busy summer season, General Motors is hoping to turn this July into a car-buying frenzy.



4 comments:

These two marketing programs of GM the 72 hrs sale and the cash to clunkers are part of the plan to revive the GM cars into market as usual most are planning to have a summer get away inspite of the recession, and who would not take this offer, if the chance would allow you to get your dream car in no time and speed away with your new wheels on your dream destination

I think if the buying public will consider this marketing promotions of GMC, this will somehow resolve atleast those over produced vehicles under their stable and secure although at a merger profit, atleast the security of getting the items sold in shorter period of time, means next problem for collection within 72 months but this will somehow be manageable that not hitting any target at all.

Another point why GM is having this promotion. GM has 74 different models – twice as many as any other auto manufacturer – that may qualify under the new Federal CARS (Car Allowance Rebate System) “Cash for Clunkers” program. Customers with older vehicles will soon have a new reason to trade in their “clunker” – vouchers worth from $3,500 to $4,500 cash from the CARS program. Now if most of these models don’t get sold within two years—it could the the worst case scenario for the aging GMC

This promotion is really interesting and tempting. For one GM knows that it is only in the number of models that they sold within 72 hrs before everyone head towards the summer and spned thier hard earned cash, GM is hoping that buying a car with 72 months zero interests will seal the deal. But of course this is hoped to sell amidst the lukewarm US car market

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