Comments on: Surprise! GMAC Extends Free Money, Lowers Rates on CPO SUVs

By: shaker

shaker — Tue, 01 Jul 2008 19:08:18 +0000

GM should retrofit their moribund CPO SUV’s with the hybrid drivetrain; that’ll move em!

By: Facebook User

Facebook User — Tue, 01 Jul 2008 18:50:41 +0000

The conditions are the same: 0 percent financing on most vehicles if you’re able to make it through a dealership’s door under your own power.

I’m pretty sure that they aren’t discriminating against those that aren’t ambulatory.

By: 26theone

26theone — Tue, 01 Jul 2008 18:19:13 +0000

Its only zero % if you waive the vehicle rebates (ie finance your interest up front). Its not zero percent unless you can keep all the rebates and discounts. Its not rocket science.

By: nudave

nudave — Tue, 01 Jul 2008 18:15:19 +0000

You’ll still be better off waiting for the going-out-of-business sale. The residuals already suck and the price can only go down.

By: chuckR

chuckR — Tue, 01 Jul 2008 18:13:44 +0000

Seth, Axel

My mother would agree on the Buick. She has one. But then, she is 82. What’s your excuse?

By: Redbarchetta

Redbarchetta — Tue, 01 Jul 2008 18:06:51 +0000

I feel ya. I want one with the Northstar. NO YOU DON’T, unless you have a money tree. The engine sounds great and has lots of power but will do you in after 60,000 miles. Eating oil, multiple torque converter sensors, main seal failures, never smooth idle, and i could go on and on.

Stick with a V6 your wallet will thank you for it.

By: brettc

brettc — Tue, 01 Jul 2008 17:18:51 +0000

I knew it would last beyond June 30. I still think they’ll keep extending it all summer until Labour Day and then it’ll end, once their massive truck inventory is depleted.

By: Axel

Axel — Tue, 01 Jul 2008 17:00:55 +0000

Seth L :

I’m really having a hard time resisting the urge to go buy a big cushy Lucerne.

I feel ya. I want one with the Northstar. There’s something to be said for a rocket-powered couch. Who needs cornering? The roads are fairly straight around these parts.

It shouldn’t be long before you can get one gently used by someone’s dearly departed grandpa for four figures.

By: Seth L

Seth L — Tue, 01 Jul 2008 16:50:36 +0000

I’m really having a hard time resisting the urge to go buy a big cushy Lucerne.

By: Axel

Axel — Tue, 01 Jul 2008 16:28:38 +0000

I’m looking forward to 2012, when you can buy a 2009 Malibu with 30k miles on it $7500. LTZ with leather and all the goodies for $9995.

I may buy a few for my friends.

By: Axel

Axel — Tue, 01 Jul 2008 16:24:25 +0000

Forget fleet sales for reducing resale value. What happens when the market is flooded in two years with upside-down defaults on vehicles that were deeply discounted new to begin with?

Run screaming.

By: AJ

AJ — Tue, 01 Jul 2008 16:22:56 +0000

Zero percent financing for “everyone” is usually everyone with excellent credit. If you like the vehicle, it’s like a cherry on top.

By: toxicroach

toxicroach — Tue, 01 Jul 2008 16:13:22 +0000

But when will they be able to sell it at a profit when everyone knows that if they wait long enough they’ll pretty much give it away?

By: Alex Rodriguez

Alex Rodriguez — Tue, 01 Jul 2008 16:11:05 +0000

The conditions are the same: 0 percent financing on most vehicles if you’re able to make it through a dealership’s door under your own power.

Okay, that was funny.

GM is trying to move the metal during bad times. It will cost them to more to have it sitting on the lot than to move it for little or no profit.