General Motors just posted a 12-percent sales increase for the month of February, and now the automaker is hoping to continue its strong sales trend by offering 0 percent financing for 60 months on sales that occur during the month of March. Curiously, this announcement comes just a few days after Toyota started its own 0 percent campaign. GM's vice president for U.S. marketing, Susan Docherty, argues that the Toyota incentives had nothing to do with The General's decision to offer similar finan
0 Percent Financing
This Independence Day might be the time for waving the red, white, and blue, but GM wants to nab some green, too. The automaker is extending its 0-percent financing sale, which it kicked off on June 24th as the "72-hour sale," until July 7th. The extension of the special financing offer allows dealers to capitalize on the increased floor traffic that GM's advertising onslaught generated. The sale and advertising frequency get people in the door, but many car buyers hem and haw, making it tough t
During a dealer teleconference today, General Motors announced it would be launching a zero-percent financing sale beginning tomorrow, while simultaneously raising the prices of its 2009 vehicles.
In a move that's as predictable as the sun rising in the east and setting in the west, automakers are beginning to offer more sales incentives to boost summer sales figures. Ford is no exception, and as of today, those willing to drive away in a new Blue Oval offering can benefit from zero-percent financing on all new 2007 models. Want to buy a pickup or SUV? Ford will cut you a check for $2,007 in addition to the no interest financing for 36 months. However, Ford and Mercury CUVs aren't benefit
General Motors has decided to bring back 0% and reduced-rate financing on many of its models to save its sales efforts for March. No doubt the General is keen on putting up positive numbers for the month to compliment the other bits of good news that have signaled its turnaround may have turned the corner. The new incentives start today and include 0% financing for 36 months and reduced-rate financing for up to 72 months, in addition to an extra $1,000 rebate that can also be used by the custome
We doubt that anyone thinks this is a surprise, given the Chrysler Group's abysmal sales performance and mounting inventory, but the company announced Tuesday that it has extended its Employee Pricing Plus discount program for another month, to August 31.
Today General Motors announced a new discount program for Chevrolet, Buick, Pontiac, GMC, Saab and Saturn (not Cadillac and HUMMER) that features a little bit of cash back and a lot of 0% financing. The industry is seeing a larger than normal number of people opt for financing because of rising interest rates, and GM's own 72-Hour Sale over the Fourth of July weekend that offered 0%-financing deals gave the company a boost almost big enough to reach its sales goal for July.
Meanwhile, Ford is once again following GM's lead by offering a similar incentive program at the center of which is the current high price of gas. FoMoCo has launched a nationwide "Drive on Us" sales incentive program, offering not only zero percent financing but free gas for the rest of the year for new vehicles purchased between today and July 31.
The Chrysler Group apparently isn’t done cleaning house and is extending its offer of 0% financing on select vehicles through the end of March. The company originally announced its “0% is Back” promotion back at the beginning of February. Unlike that promotion, the deal in March eliminates the combination deals that offered consumers both low APRs and customer cash.