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July 02, 2009

July Offers Make New GM Vehicles More Affordable

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DETROIT — General Motors simultaneously launched its “72-Hour Sale” last Wednesday, and announced that it has 74 different models that may qualify under the federal government’s “Cash for Clunkers” program.

The domestic manufacturer's "72-Hour Sale" offers zero-percent financing for up to 72 months to well-qualified buyers on select 2009 and 2010 vehicles. These include the Chevrolet Silverado and GMC Sierra regular, extended and crew cab light-duty pickups; Chevrolet Suburban and GMC Yukon XL SUVs; Chevrolet Impala; and the Pontiac models: Vibe, G3, G5, G6 and G8.

Many other vehicles that are not part of the “72-Hour Sale” will have reduced rate financing of zero percent for up to 60 months for well-qualified buyers. A full list of current offers, conditions, and eligible vehicles, is available at: http://www.gm.com/shop/currentoffers/.

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. CARS provides incentives for consumers to bring in their out-of-date vehicle to scrap and trade-in on a new, more fuel-efficient model. Once the program begins later this month, all a customer needs to do is bring in a qualifying vehicle for scrap, and trade it in on an eligible new GM model, that offers a significant improvement in fuel economy, and the dealer does the rest.

A list of the GM models that may qualify, depending on the EPA estimated combined fuel economy of the vehicle they are trading in, as well as its age and condition, is shown below. Customers should visit the official NHTSA site: http://www.cars.gov, or their local GM dealer for more information.

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