So, GM is going to allow car buyers to return a car in the second month of ownership for a refund.
Or, buyers can opt for an extra $500 rebate instead.
So, how many people are going to forego $500 for the right to return the car?
The fine print, as I understand it:
1. Dealer processing and titling fees are not refundable. Sales tax is.
2. The car must have less than 4,000 miles on it.
3. The car must have at most $200 in wear and tear or damage.
4. Only one return per household.
My wife is still upset that I returned a partially eaten loaf of bread to CostCo. (My argument then: no one liked how it tasted. What’s a satisfaction guarantee for?)
So I’m guessing she won’t let me buy a Corvette Z06 unless I intend to keep it. And if I intended to keep it, I’d opt for the $500 rebate.
Or maybe GM really does believe in its products. A friend of mine once bought a big screen TV right before hosting a Super Bowl party, planning to return it the following week. But, after having that TV in his living room, he couldn’t bring himself to return it.
Maybe GM figures that anyone who bought a GM car planning to return it would find that they couldn’t live without the car?