• Dec 11, 2008
Auto sales in the US are at a 25-year-low, and both dealers and manufacturers are dying to get showroom traffic going again. There isn't a whole lot working right now, so GM is throwing more cash on the hood of '08 models to shock some life into its Red Tag sale. Trucks and SUVs are getting the lion's share of the love, with rebates of $5,000 to $10,000 off selected 2008 models. The Equinox and Torrent sit on the low end of the rebate spectrum at five large, while the Silverado and Sierra tip the scales at up to $8,000.
If you've been waiting for the chance to own a Tahoe or Yukon, they also have $8,000 in customer cash, while the General is willing to put $9,000 on the hood of the Suburban. Not surprisingly, the large-and-in-charge Cadillac Escalade and Hummer H2 have the biggest incentives at $10,000 off MSRP. It looks like GM is in the mood to deal, so if you play your cards right, you could probably get Rick Wagoner to pick you up in the Volt mule and drop you off at the dealer.

[Source: Kicking Tires]


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  • 19 Comments
      • 6 Years Ago
      ITs so funny

      Here we go again.

      Detroit does not make gas guzzlers.
      Detroit cars are actually safer and better than foreign cars


      http://consumerguideauto.howstuffworks.com/the-american-gas-guzzler-myth.htm/printable
      I think people need to get an education on cars.

      IF GM makes SUV then guess what Toyota Makes SUV

      ME Jane you Harry

      People read and learn get some brain power.
      • 6 Years Ago
      I love it when people tell others that they should buy a vehicle that fits their needs, without knowing what that persons needs actually are.
        • 6 Years Ago
        To be honest if there is anything this crisis showed us it's that most people don't seem to know what their own needs are. Not to mention their actual means...
      • 6 Years Ago
      Can they do this? Do they have the cash?
        • 6 Years Ago
        @ rar:

        My local Dodge dealer had an even better deal than that. They were offering a brand-new '08 Ram Crew Cab Diesel (MSRP $44K) for $24,995. That was with $2000 in customer cash, but still a hell of a deal for a diesel pickup. They had other deals for otehr Ram as well, but that one had the largest discount.

        If I were in the market for a new truck, I'd be hard-pressed not to buy someting right now. That truck is selling for about $10K less "New" than I've seen for used models with 20K miles.
        • 6 Years Ago
        @ rar

        Or you can simply buy a car that fits your needs and save money in the process.

        Civic, Accord, Malibu
        • 6 Years Ago
        My local Chevy dealer (Lou Fusz Chevy) is one upping this offer. They sent me a email with this offer.
        Ecample #2 $36,468 MSRP (2008 Silverado Crew Cab stock #081697)
        -$8000 Rebates
        -$2695 Supplier Pricing
        $25,773 Your bottom line Price!!

        That's a well equiped Z71 crew cab for $25,773. Wow, that make's me want to trade in my 04.
        • 6 Years Ago
        Sure they can. GM has a lot more margin in Trucks than they do in Cars. Every Auto Manufacturer does. They can't however give large rebates on small cars, that is why no one builds a Sub- $14K car in the US. In fact the only Cars under $16K that are built in the US are the Cobalt/G5, HHR and... I think that's it.

        I like to call it the Walmart Effect.
      • 6 Years Ago
      $30K off MSRP and 60/month 0% on a 2009 Escalade ESL and I'm in the showroom.

      Damn things list at $67K which is at least $30K too much for the iron.

      Lovely gas hogs!
      • 6 Years Ago
      since GM is about to die, you better get a good price on their car...
      • 6 Years Ago
      Problem is that if you have a truck or large SUV and see this great deal you go to the dealership and realize that this has KILLED your resale value (this goes for all trucks and big SUV). So 10k off sticker is nice until you realize your trade in depreciated 10k. This is the realization of how soft the truck and large SUV... hell how soft the auto market is these days.
      • 6 Years Ago
      I just did a search of dealer inventory in my area (Albany, NY) out of curiosity, and they don't seem to have any 2008 Silverados/Sierras left around here.

      I just searched for 4WD Extended Standard Bed models though. (Probably the most popular configuration around here) Maybe there are other less desirable one still available. But in general, I'm not sure the discounts help that much if there are no trucks left to buy.
        • 6 Years Ago
        You just brought up a very good point that I forgot about or overlooked. There indeed aren't a whole lot of 2008 GM Trucks on dealer lots because GM didn't make that many this year due to the American Axle Strike that virtually shut down every GM Truck and SUV plant from February to July.

        This is a brilliant marketing blitz by GM, get people in the door for a 2008 model and sell them on a 2009. I think this is called Bait and Switch?!
      • 6 Years Ago
      Nothing like sawing off the tree limb you're sitting on.
      • 6 Years Ago
      I think if you wait, the H2 will have $15-$20K off the sticker.

      Probably still won't sell too many, but you never know.
      • 6 Years Ago
      GM SHOULD DIE ALREADY! Instead of trying to pawn off their GAS GUZZLERS on an already overburdened us population, they should start feeding them all into huge car crushing machines for recycling. I'd like to know why I keep seeing adverts for the Planet KILLING Hummer????? Either send them to Iraq, with upgraded armour, or destroy them. People should start slashing the tires on all hummers wherever they're seen parked, anywhere. F--k GM LET THEM DIE if hummers, and Escalades are all they can build.
        • 6 Years Ago
        Just curious, what do you drive? The inline-5 engine in the H3 is smaller than most SUV's and the Hummer H3 gets up to 20mpg on the highway. Also the GM 1500 Truck (Chevy and GMC) get as much as 22mpg on the highway, the best Toyota Tundra is at 19mpg. These are all numbers quoted by car review sites and owners, the EPA numbers for the H3 are 15-18mpg, the 1500 truck is 16-20, and the Toyota Tundra is 13-16mpg.

        Here are some other numbers from www.fueleconomy.gov

        Honda Ridgeline and Pilot 15-20 (small truck with V6, getting less than a full size chevy truck)
        Toyota 4 Runner 17-20 (V6)
        Nissan X-Terra 16-20 (V6)
        Jeep Wrangler 15-19 (V6)
        VW Touareg 14-20 (V6) 12-17 (V8)


        I understand the argument that most people don't need SUV's or trucks (Well trucks are more needed by small businesses), but if you do need or want a SUV the H3 is not a bad option. The H3 is the only SUV on my list here with full time All Wheel drive standard (great for cold winters).

        I am not a Hummer owner! I just don't understand how it always gets the blame when it's the same as most other SUV's.

        I drive a (2006) BMW 330 and average 29mpg (I can also hypermile and get 37mpg)


        • 6 Years Ago
        Michael:

        GM didn't hold people down and force them to buy Suburbans. Furthermore, Toyota and Nissan are both full-line automakers, and make their share if gas-sucking trucks: 4Runner, Sequoia, LandCruiser, GX470, LX570, Tundra, Titan, QX, Pathfinder, Armada.
        • 6 Years Ago
        Piss off, c*nt.
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