By on August 28, 2009

One place you won’t find news of New GM’s reanimation of Old GM’s family and friends discount: GM’s website. To quote the Corleones, “you gotta be family.” Head to www.gmfamilyfirst.com, as the notification below specifies:

It’s back: GM Employee Discount for Friends

Share your savings all month long. Get your authorization number by September 30, 2009, through the GM Employee Discount for Friends program and share employee pricing with anyone who owns a competitive vehicle. Everything you need is online just go to gmfamilyfirst.com to request your authorization number.

All active salaried GM employees can request two GM Employee Discount for Friends authorization numbers now through September 30, 2009. Plus, your friends can combine employee pricing with most current incentives for an even better deal. PASS IT ON. Help your friends get a great deal on a new vehicle with the GM Employee Discount for Friends today!

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18 Comments on “It’s Baaaaaack: GM’s Employee Discount for Friends and Family...”


  • avatar
    rnc

    Following the Piper to the river again. With no finance division anymore to make up for the loss. All this means is that they need cash and badly enough to lose money to get it, you can only do that so long…

  • avatar

    Hmm, I wonder if that includes the dozen or so ZR1s getting dumped (relatively speaking: MSRP) on eBay?

  • avatar
    slateslate

    ****Hmm, I wonder if that includes the dozen or so ZR1s getting dumped (relatively speaking: MSRP) on eBay?****

    IIRC in the past, Cadillac-Vs and high-end Corvettes weren’t included.

    Another round of bad marketing by GM…..Gm’s p-o’ed enough people already via the bailouts. They should try to spin it in a positive way by say, “we’re back and better than ever…and to prove it everyone gets employee pricing” or something like that.

  • avatar
    bozwood

    rnc :
    August 28th, 2009 at 9:26 am

    “Following the Piper to the river again. With no finance division anymore to make up for the loss. All this means is that they need cash and badly enough to lose money to get it, you can only do that so long…”

    They do have a finance division: the Treasury. There is plenty of cash there.

  • avatar
    Robstar

    This “promotion” happens so often, shouldn’t it be promoted internally as “the publics pricing for employees!!”

  • avatar
    Bunter1

    Great to see that the Gnu GM management gets it!

    ;^D

    C7 by 2012 is my guess.

    Bunter

  • avatar
    Domestic Hearse

    Seeing as that Saab (in the pictured pricing example) will take a 50% over-the-curb immediate depreciation hit, I’d say the final price for the 9-5 is still about 16,000 too high.

  • avatar
    PeteMoran

    I contend that it will bring forward sales and distort the market. Some people, who are not “friends” of a GM Employee, will pay more than they “should”.

  • avatar
    mpresley

    In a saner world politicians would be shot for letting this grotesque corporate Moloch live on…

  • avatar
    krhodes1

    @Domestic hearse

    Nearly every car takes a 50% hit in the first year or two based on MSRP. Nobody has paid MSRP for a Saab in eons, so it is completely irrelavent. The 9-5 may be old, but it is still a heck of a nice car. $35K for a new top-spec Aero Wagon is an amazing deal (and you could probably get another few thousand off from the dealer anyway).

    And realistically, unless you are talking about a very few highly in demand cars, the difference between the car with the best resale value in class and the worst is ~10%. And the cars with the best resale are rarely discounted. Any new car is a catastrophic proposition unless you keep it for a LONG time.

    But ultimately, this deep discounting is a terrible thing for the industry. If you can’t sell the car at a decent profit, you shouldn’t be in the business.

  • avatar
    ChristyGarwood

    Truth from a transparent GM employee:

    The gmfamilyfirst site is for GM employees and retirees. The promotion is to inspire employees to sell vehicles. Please note, I can
    “share employee pricing with anyone who owns a competitive vehicle“. Usually, all of the rebates apply on top of the discounts. It applies to Cadillac, Chevy, Buick, GMC, Hummer, Saturn, Pontiac as long the sale of those brands is still pending. No Saab discounts even for employees as of 7/31/2008.

    Robert Farago, if anyone here wants the discount, would you be so kind as to give them my email address? Thanks a million.

  • avatar
    Happy_Endings

    If you can’t sell the car at a decent profit, you shouldn’t be in the business.

    GM, on average, can’t sell their cars at any profit.

  • avatar
    gslippy

    The bottom-line prices shown in the images look like a reasonable starting point, except for Saab.

    They have the odd feel of the pricing presented on infomercials: “…wait, there’s more! Call now and we’ll give you TWO widgets for the price of ONE, and we’ll even throw in a FREE widget holder if you mention the word ‘widget’ to our operators, who are standing by!”

    @Bunter1: I agree, but maybe 2013. The oxygen can’t hold out for much longer.

  • avatar
    Patrickj

    @krhodes1

    There are huge differences in depreciation between Honda and Ford or Chrysler.

    One of my co-workers just received a $10K insurance settlement on her wrecked 03 Civic. No injury involved.

    Honda Civics routinely sell for half MSRP at 5 years and 100,000 miles. A very poor deal for the buyer, but true.

  • avatar
    Accords

    Id love to see a GM sales event that sells the car.. based on the merit of the car alone..

    Oh wait..

    That wont happen…

  • avatar
    Robstar

    ChristyGarwood> You’d then be able to share the discount with around 80-85% of the US, no ?

    I own a domestic (neon), but also own 2 Japanese vehicles.

  • avatar
    amjaley

    I am new to the forum. I am trying to buy a gm car and am wondering if anyone employee can help me with a authorization number so that I can get a friends discount.

    greatly appericiated.
    amjaley

  • avatar
    amjaley

    Hi Christy garwood
    can you e-mail me at amjaley@aol.com. I would like to take you up on this offer. I am in the market for a gm car.
    thank you


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