GM Employee Pricing For EVERYONE!

By now you have probably seen the commercials. This program ends Sept 2nd 30th.  It is a good time to buy a GM vehicle. They aren’t all crappy cars…REALLY! It’s like picking apples, we know apples can be good, just make sure you don’t pick one with a worm in it.  GM is serious about pushing sales right now (they must be hurting real bad this quarter) because they are having a clearance on EVERYTHING that’s a 2008 ! YUP! you can get a hefty 10k off MSRP on the Corvette, yes, even the Z06. Some 2009 models are included, like the Cobalt and the Caddy CTS, HRR and Vibe (Toyota Matrix’s American relative). Looks like they aren’t holding back this time.

Click here to see available models and how much they are being discounted.

This is probably one of those few times when I’ll be pitching an American car, so at least take the time to check it out. I don’t recommend all GMs obviously, but in that list, there are a few cars I would personally like to have in my garage. Here’s a short list…

  • Caddy CTS
  • Chevy Corvette
  • Pontiac G8 GT
  • Saturn Sky Red Line (which happens to have an additional $500 bucks back)
  • Pontiac Solstice GXP ($500 bucks back too on top of the employee discount)
  • GMC Acadia ($1500 cash back + employee pricing)
  • Chevy Malibu

There are more cars on my list, but I am tired of listing them since they are re-badged versions of these same cars.

Now the questions is, does employee pricing + cashback work with leases? That I don’t know. Maybe a dealer might be kind enough to share some of that insight?

The GM 72-Hour Sale, Ends June 30th

GM is current offering a 0% APR financing for 72-months (about 6 yrs) on the following 2008 models:

  • Chevrolet: Suburban, Avalanche, Equinox, Colorado, Tahoe, Silverado, TrailBlazer, Uplander, Impala, HHR
  • Buick: Lucerne, Lacrosse
  • Pontiac: Torrent, Solstice, G6, Grand Prix
  • GMC: Yukon and Yukon XL, Sierra, Envoy and Canyon
  • Cadillac: All Escalade models, SRX, STS, DTS
  • HUMMER: H2 and H3
  • Saab: 9-7X, 9-3 Convertible
  • Saturn: Sky, Aura and Vue

Unfortunately, It doesn’t apply to all models. However, it does cover an extensive list of pretty “cool” cars, such as the Saturn Sky (including the Red Line) and it’s twin, the Solstice. Unfortunately, the other models are less than desirable. At least you get free financing, which can’t be beat.

If any residents in or near Southern California end up getting a Sky/Solstice and would like to take it up a notch, check out Race Precision and their RPi Sky 24GT. One of the owners, Apex/Gabe, has his Noble M400 featured here on The Wall.

GM’s 72-hour sale ends June 30th, 2008.

June 2008 Lease Rate for 08 Hummer H3

36mo/12k – lease rate 2.75% ( 0.00115) – residual 60%
36mo/15k – lease rate 2.75% ( 0.00115) – residual 58%

My Take: Haahaa. 60% and 58% residuals for a car that may be discontinued in the near future? I guess it could become a collectors item…then again, gas prices will probably dictate it’s value down the road, which isn’t looking very good right now. If you plan on leasing a Hummer, the numbers are really good right now, but you will probably end up paying all that back in gas. Hopefully, you don’t have to commute far if you decide to get one of these behemoths. Expect lease payments of around high-300s to low 400s with the typical drive-off.