GM celebrates Labor Day with bonus cash
Today General Motors announced that it will be offering an extra $500 to $1,500 in bonus cash on most 2007 and 2007 models. The offer is part of GM's Labor Day sale and the company stresses that it's not backing away from its value pricing push. The new rebates are in addition to the current low-interest financing offers and any other cash bonuses currently being offered in one's region.
Of course, the best and newest GM models are not eligible including the Pontiac Solstice; Saturn Sky, Aura and VUE Green Line, Chevy Corvette; 2007 GMC Yukon and Yukon XL Denali; HUMMER H1; and 2007 Cadillac Escalade.
Customers will basically get $500 back for purchasing a car, $1,000 back for a pickup and $1,500 back for a truck-based SUV. The offer expires on September 5th.
[Source: the Detroit Free Press]
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Reader Comments (Page 1 of 2)
8189720 6:51PM (8/29/2006)
They will be offering incentives on most 2007 and 2007 (!) models? Um.... Okay, I'll take the 2007 model.
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iQuack 5:31PM (8/29/2006)
This cash back crap cheapens brands.
Why not just price this iron competitively in the first place?
Things are worth what well-informed buyers will pay and not a penny more.
Coupons, rebates, etc. ultimately result in the same transaction prices but with more annoyance for the customer to endure.
Classless!
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Lithous 5:38PM (8/29/2006)
I know all the import fanboys will come out yelling. But for some reason Honda has a *national* clearance (http://automobiles.honda.com/landing/clearance.asp) and don't forget TOYOTA TIME Nationwide Clearance (http://www.buyatoyota.com/deeplinks/specials.aspx?s_van=SHOP_REGIONAL_SPECIALS_TXT).
If these guys can make they money they do and have clearances then why be a Terrell Owens against GM?
GM should just say, f you guys. We will sell vehicles how ever we like. GM has nothing to prove to Terrell Owens types (the only ones that *really* care if GM is using incentives or not to sell vehicles.
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bernie 6:14PM (8/29/2006)
What a bunch of brainless, transparent whores. They simply can't figure out how to succeed! When they have a hot vehicle, they allow thei dealers to milk every red cent out of customers, pissing them off. And for the dozens of dogs they have languishing on the lots, they give them away, cheapening their name just so they can keep overpaid union hacks pumping the unwanted garbage out.
I hope Ghosn tells those losers to shove it.
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iQuack 6:35PM (8/29/2006)
Honda's clearance probably creates decent deals because Honda rebates to DEALERS for cars sold from dealers' inventory. That gives dealers more room to lower prices and move remaining '06s as the '07s arrive.
That's different from giving rebates directly to customers. In any case, transaction prices will be fair or there won't be any transaction if people buy something else.
Most people might be better off with an '07 car that'll still be discounted and a better deal than a left-over '06 that's a full year old the day it's driven from the showroom.
At least the classless and annoying exercise of sending in papers for rebates isn't part of Honda's deal. I have nothing against GM and would like to see GM succeed. I just think GM looks stupid by overpricing, rebating, and forcing customers to send in all kinds of crap to finally arrive at a fair transaction price.
GREAT MINDS SIMPLIFY!
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Aki 6:41PM (8/29/2006)
"I know all the import fanboys will come out yelling. But for some reason Honda has a *national* clearance (http://automobiles.honda.com/landing/clearance.asp) and don't forget TOYOTA TIME Nationwide Clearance"
Count on Lithous for his uninformed vitriol. Honda/Toyota have clearance sales at the start of the new model year to get rid of the 06 models, EVERY YEAR. Has nothing to do with sales. GM is offering incentives on new *07* models. Do you seriously think through your comments?
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Richard Warren 7:00PM (8/29/2006)
But wait! I thought Honda and Toyota NEVER needed any type of incentive to sell.
Actually I remember a time when every Honda went out the door OVER sticker. Want to deal? Sorry! See the dealer down the street.
It's the car business, each maker does what works for them
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Jaimie B 6:55PM (8/29/2006)
People like myself really don't give a flying f**k whether GM offers incentives. I wouldn't be caught dead driving their crap. Let's leave GM vehicles for people like Litmus.
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GM Lover 7:42PM (8/29/2006)
iQuack, have you ever bought a car with a rebate? It's not like buying a monitor at Best Buy and having to cut the UPC and mail in the receipt. Basically you sign a piece of paper along with all of the other title paperwork that signs the rebate over to the dealer and they reduce the car by that amount. And Aki thinks Lithous is uninformed...
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Patricia 9:02PM (8/29/2006)
#3, #5, #7 : You are sad. You don't EVER contribute any intelligent comment to this board. You just throw few one-liners like crying babies. You must be 12 years old. I am starting to suspect that you are either American haters (from overseas) or paid idiots working for the Asian competitors and you get paid for those idiotic comments. Why join a blog if you cannot think or write?
PS Lithous: Who is Terrell Owens?
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Ryan 10:27PM (8/29/2006)
"Most people might be better off with an '07 car that'll still be discounted and a better deal than a left-over '06 that's a full year old the day it's driven from the showroom."
I would take the the 06 in a *heartbeat of america* LMAO I crack myself up!
No but really I would, the car should technically have what? 12-15k miles already on it and it has virtually none.
#9
"It's not like buying a monitor at Best Buy and having to cut the UPC and mail in the receipt."
LMAO, is that not the truth, who hear HATES those stupid rebates? My HP computer from Comp USA, you had to cut UPC codes make copies of sales slips.
When my sister purchased a 2005 Toyota Corolla her $1,000 rebate was as easy as signing it over to the dealer, I think GM works the same way.
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dave 10:41PM (8/29/2006)
it's clearanc time for chrixx sake. it's the way they have been clearing out the old and bringing in the new for decades. the only thing different is now they call it "rebates". the only thing new is 0%. and by the way, rebates sell merchandise be it cars, furniture, stereos, or tv's. it sells.
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Ted 10:49PM (8/29/2006)
I don't even see why this is a news story. No one's reporting on Toyota's or Honda's clearance sales. And it's only $500 on some cars. The 2006 Saab 9-3 2.0T and convertibles have just the rebate, and they raised the monthly payment on the lease deal by $10. It seems like they don't need help clearing out those models for example. And we all know the Saturn Sky, and Pontiac Solstice and G6 convertibles are sold out. There's not a whole lot of new news for the GM bashers here. Just for the ignorant.
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Lithous 11:06PM (8/29/2006)
"Count on Lithous for his uninformed vitriol. Honda/Toyota have clearance sales at the start of the new model year to get rid of the 06 models, EVERY YEAR. Has nothing to do with sales. GM is offering incentives on new *07* models. Do you seriously think through your comments?"
The article states that it's just the *annual* labor day sale. You know, just like the Japanese, who would never cheapen their cars with the word "Clearance", are having their annual thing. I'm surprised they call it a "clearance" (such a cheap word). I mean, Toyota took the Microsoft route of calling their flaws Service Packs, I mean Service Bulletins. Looks like Bill Gates taught the Japanese something. If GM did that Nader would be writing another book.
Patricia, Terrell Owens is a football player who rather divide the team he plays on than be a team player who realizes that he himself has flaws as much as his team mates he publicly berates. http://football.about.com/od/nflnews/a/owenstimeline.htm
So, like Aki and a few others, he wants to tell everyone how bad the team is and when the team fails he wants to blame everyone else. He can't equate that the words he states makes him more a part of the problem than the solution. Kinda like telling everyone he can how bad GM is and then acts surprised that they can't do better even though the car business is all about perception.
It reminds me of the new Comcast Internet commercials. They have a bunch of kids in various commercials which act like having Verizon Internet service is the most uncool thing ever even though Verizon has FIOS which absolutely *crushes* Comcast with not only speeds available in multiples faster but also the bandwidth of FIOS doesn't degrade with the amount of users online in a particular area. It is all about winning the perception game. Comcast knows it and so does Aki. Aki wants the Japanese companies to win the perception game. Maybe that is where he will live once the U.S. economy is in total shambles.
Since GM sells more vehicles than Toyota in America and we still hear that GM isn't what people want (from import fanboys of course) and when you state that GM sells more they state that the trend is gains (in sales numbers) from Japanese companies and losses from GM so therefore it is justified to state that people don't want GM products. Then I say, OK Terrell, why not start calling America "a POS country" since *our* trend is lower GNP and China's is going up? Please get on your soap box Aki and call it like it is. America is crap, right? Come on Terrell. We (Americans) borrow money like GM in the hundreds of billions and we don't sell nearly as much to other developed nations as we purchase. Come on big guy, be all that *you* can be (the total Terrell that you are).
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Domanilatiknqaortinaq, Jr. 12:44AM (8/30/2006)
If I were buying an " American" brand, it would be the Chrysler PT Cruiser(I am "old", middle age).
Chevy has nothing I want.
If they sold the Corvette, or that SSR thing, for say 25K...(really, 15K, for the SSR thing, since it's 2 seats only),I'd think about it.
How come GM makes cars in Mexico(where labor,e tc, costs less than in South Korea) yet, the cars are pricey?
I think all makers are pricey, anymore, exceptions maybe being Suzuki, Hyundai-Kia and Scion brand.
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iQuack 1:28AM (8/30/2006)
#9-GM Lover:
And using your example, am I taxed at the high price before the stupid rebate or on the lower final price?
You're correct! I haven't bought a car with a silly rebate deal because I buy cars whose manufacturers don't try to play asshole games with me.
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Lithous 1:49AM (8/30/2006)
"How come GM makes cars in Mexico(where labor,e tc, costs less than in South Korea) yet, the cars are pricey?"
First of all I can't think of a single GM *car* made in Mexico and sold in the U.S. market. Which *cars* are made in Mexico and sold in the U.S.? Second, GM vehicles are known to be bargains. The Cobalt and Ion are not very expensive base. The Lucerne is a nice car which can be had in the mid-twenty thousand.
Not sure exactly what you mean. The Fusion is made in Mexico by Ford, are you getting the two confused?
A few of GM's SUVs are made in Mexico...
The HHR which is like the PT Cruiser you seem to like is made in Mexico but it isn't outrageously priced. The Rendezvous is made in Mexico but is going to be discontinued. The Escalade EXT and Avalanche are made in Mexico.
I believe any other GM vehicles made in Mexico are also made in the U.S. (two factories one in each country and that may just be a couple other things like full size pickups, they sell about a million a year so there *might* be a Silverados from Mexico as well as U.S. but not sure, especially with the new Silverado). The Tahoe and Suburban based SUVs have a 1 at the start of the VIN so it is made in the U.S.(http://www.gmbuypower.com/nvlWindowSticker.bp?make=Cadillac&zip=20904&makeId=006&model=Escalade&subModelId=58&year=2007&modelId=028&pvc=5101&styleId=Escalade%20&style=Escalade%20&cabSize=&boxSize=&driveType=2WD&wheelBase=&cabSizeId=&boxSizeId=&driveTypeId=7&wheelBaseId=&VIN=1GYEC63847R252139&nextVin=1GYEC63887R250006&previousVin=&currPosition=0&iPi=4&fPi=4&BAC=113705.0&dPath=URDP&requestCon=nrbyDlr&vehModuleDesc=Escalade%20SUV%202WD and http://www.gmbuypower.com/nvlWindowSticker.bp?make=Cadillac&zip=20904&noType=0&makeId=006&noStyle=1&model=Escalade%20ESV&dPath=URDP&subModelId=60&year=2007&BAC=119076.0&modelId=105&pvc=5104&styleId=Escalade%20ESV&style=Escalade%20ESV&cabSize=&boxSize=&driveType=&wheelBase=&cabSizeId=&boxSizeId=&driveTypeId=&wheelBaseId=&VIN=1GYFK66857R240603&nextVin=1GYFK66807R223207&previousVin=&currPosition=0&iPi=3&fPi=3&BAC=119076.0&vehModuleDesc=Escalade%20ESV%20AWD)
http://www.gmbuypower.com/nvlWindowSticker.bp?make=Chevrolet&zip=20904&subModel=1500HD&makeId=001&model=Silverado&subModelId=6&year=2007&modelId=003&pvc=1373&styleId=LT1%201LT&style=LT1%201LT&cabSize=&boxSize=&driveType=2WD&wheelBase=&cabSizeId=&boxSizeId=&driveTypeId=7&wheelBaseId=&VIN=1GCGC13U97F117450&nextVin=1GCGC13UX7F103802&previousVin=&currPosition=0&iPi=4&fPi=4&BAC=113858.0&dPath=URDP&requestCon=nrbyDlr&vehModuleDesc=Silverado%201500HD%20Classic%20Crew%20Cab%20Stnd%20Box%202WD%20LT1
Basically a few SUVs are made in Mexico by GM for the U.S. market.
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Lithous 2:02AM (8/30/2006)
"You're correct! I haven't bought a car with a silly rebate deal because I buy cars whose manufacturers don't try to play asshole games with me."
Well yeah, in the case of your Accord, Honda makes 50% of their profit here in the U.S.A. 50% in one market. That means two things, they treat Americans a little better to keep getting their money (than say even the Canadians who, for example, didn't get the Oddyssey extended warranty on the bad transmissions like the eager to go into debt Americans with wads of money from credit) and second, it means that the rest of the world with higher test scores aren't throwing their money at Hondas nearly as much as us low test scoring Americans. If we can't do simple high school level math problems how are we supposed to know we are over paying for those Hondas and Toyotas?
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iQuack 2:22AM (8/30/2006)
"If we can't do simple high school level math problems how are we supposed to know we are over paying for those Hondas and Toyotas?"
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The Hondas and Toyotas are quality cars purchased after people drive and reject the crap that tries and fails to compete with them.
With respect to shoppers who can't do high school math problems, don't blame auto manufacturers when it's the lousy unionized teachers who think they work for a teacher union instead of a school that hopes to educate people. Unions are ruining public education.
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GhostDoggy 5:26AM (8/30/2006)
Another 'take my junk inventory, please' offering. Between Ford's 'we don't care about your lack of credit or bad credit' and this offer, why not target people on Welfare to buy these unwanted models.
And they are unwanted, because if they were wanted there would be no reason to incentize them in the first place. Here is a thought, how about building less unwanted and more wanted vehicles? Oh dear, revelation time.
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