GM "Employee Pricing for All" Explained

Michael Karesh
by Michael Karesh

Despite swearing up, down and sideways that Toe Tag sales were a thing of the past, GM started a new "employee pricing for everyone" sale yesterday. It runs through September second. At least. All the new pricing info is locked and loaded on TrueDelta. Every GM model [" 91 vehicles found"] is included in the EPFE sale, even the Corvette and Pontiac G8. The "employee discount" is $75 less than it was three years ago– no big deal. But Saab and Saturn now share the regular GM formula; they had their own employee pricing formulas the last time around. This means that Saabs are priced slightly higher than before, while most Saturns drop by a few hundred bucks. (Employee pricing is especially helpful with Saturns, as many dealers normally insist on charging full sticker.) With the other GM brands, you can often negotiate a price not too far above the employee price anyway. GM shaved rebates by $1k and even $1,500 in a few cases. Rebates actually increased by $250 for the last next big thing, the Lambda crossovers. The most heavily discounted vehicle: the Saab 9-7X. The Saablazer carries an $8k rebate on top of the employee price. If low-interest financing is your thing, fuhgeddaboutit. GM removed zero-percent financing from most models; 0.9 is now the lowest you'll find (except on a Hummer). For many models the "special GMAC rate" is now 6.9 percent. As in "get your financing elsewhere."

Michael Karesh
Michael Karesh

Michael Karesh lives in West Bloomfield, Michigan, with his wife and three children. In 2003 he received a Ph.D. from the University of Chicago. While in Chicago he worked at the National Opinion Research Center, a leader in the field of survey research. For his doctoral thesis, he spent a year-and-a-half inside an automaker studying how and how well it understood consumers when developing new products. While pursuing the degree he taught consumer behavior and product development at Oakland University. Since 1999, he has contributed auto reviews to Epinions, where he is currently one of two people in charge of the autos section. Since earning the degree he has continued to care for his children (school, gymnastics, tae-kwan-do...) and write reviews for Epinions and, more recently, The Truth About Cars while developing TrueDelta, a vehicle reliability and price comparison site.

More by Michael Karesh

Comments
Join the conversation
4 of 17 comments
  • Dangerous Dave Dangerous Dave on Aug 22, 2008

    Anyone want to bet me a thousand bucks this fire sale won't be extended beyond September 2nd?

  • Kurt B Kurt B on Aug 22, 2008

    The large Mazda dealership near my house is having a blowout sale on a large inventory of 2007 models. Sheesh.

  • Bmmr Bmmr on Aug 22, 2008

    I wonder why Mazda has so many brand new 07's on the ground? The dealer near my home has 15 2007 Mazda 3 , manual trans in stock Lots of C7's too!

  • GM Employee GM Employee on Aug 23, 2008

    "GM Employee Pricing" at www.EmployeePricingGM.com worked great for me. Posted earlier and since made a great deal. GM Employee Pricing may the force be with you.

Next