Despite a Transformers promotion that added $1,000 to many rebates and zero percent financing, GM’s sales in June were, in the words of Automotive News, “absolutely horrific.” Translation: they “plunged 21.7 percent…from last year.” Well, the post-holiday rebates are out and, shockingly, they’re lower in nearly all cases. In the case of the Cadillac DTS the rebate is $3,500 lower… More →
Category: Sales Incentives
Sales Incentives
April incentives
This month I’ll take a few notes as I update TrueDelta’s incentive information… GM has eliminated the bonus cash and zero interest financing it placed on many models in March. In some cases the standard rebate has been increased, but not enough to compensate. So overall its incentives are down. You’ll find rebates on two new Saturns with a lot… More →
Misleading depreciation figures
The automotive blogs are all picking up Dan Lienert’s Forbes piece on “Value-Losing Cars,” a list of the cars that depreciate most quickly according to multiple sources. What all of them, including Mr. Lienert, fail to note is that these depreciation figures, like nearly all I’ve ever seen, are misleading.
Sale extended–get yours before they’re all gone!!!
Earlier this month I posted that GM wants to make my life harder by having incentives that change every two weeks rather than monthly or quarterly (which is the norm). Most recently, they ran a one-week “Presidents Day Sale.” Which was supposed to end on the 20th. So the night of the 20th I removed the Presidents Day deals from… More →
GM wants to make my life harder
I usually update incentive information once a month, early in the month. Which is generally often enough, as most manufacturers update incentives on a monthly basis. But in the latter half of last month GM added $500 to $1,250 of “bonus cash” to some of its models. This money is in addition to the regular rebates, and unlike the regular rebates… More →
Incentives made complex
I just read over at GMInsideNews that General Motors has announced two new incentives. With the first, they give you an extra $1,000 if you trade in any 1999 or newer vehicle on a new large truck. In the other, they’ll give you an extra $1,000 if you lease a vehicle for 36 or more months. These incentives are in… More →