Ask Bark: Is The General's Benefit Worth the Pain in the Tax?

An anonymous GM employee writes:

I have a field role with General Motors that affords me the luxury of driving (mostly) anything in The General’s portfolio. I can choose from any brand except Cadillac, and can’t drive a Corvette or pickup (because of retail demand and limited supply). I’m 22 with student debt down into the low four digits. GM pays for gas, insurance, and incidentals like oil changes and winter tires because I need a car to do my job. I live in a snow-heavy state where I’m expected to do around 30,000 miles a year for business travel alone. Finally, I switch out cars every four months because that means it remains eligible for new vehicle incentives and programs when it’s sold back to the dealer at a big discount.

Here’s the catch: the vehicle is considered a taxable benefit.

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Who Wants To Lease A Chevy Cruze For Less Than A Gym Membership?

Leasehackr has a screaming deal on a 2016 Chevrolet Cruze Limited (the old body style) 1LT Automatic if:

1) You can sell it for more than $13,000 after two years;
2) You’re were a Costco Auto member before Sept. 30;
3) You can get $1,800 off of MSRP, or thereabouts;
4) Max incentives;
5) You’re a current lessee of another automaker;
6) You don’t mind driving a Chevrolet Cruze Limited 1LT Automatic for two years.

If you ticked every one of those boxes, congratulations! You can lease a 2016 Chevrolet Cruze for $40 or less*** per month for 24 months.

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  • Flashindapan Beautiful color combinations. I assumed they stop selling the TT here at least five or six years ago.
  • Carson D Just don't be the whistleblower who reports on the falsification of safety data. That's a deadly profession.
  • Carson D I'd have responded sooner, but my computer locked up and I had to reboot it.
  • Todd In Canada Mazda has a 3 year bumper to bumper & 5 year unlimited mileage drivetrain warranty. Mazdas are a DIY dream of high school auto mechanics 101 easy to work on reliable simplicity. IMO the Mazda is way better looking.
  • Tane94 Blue Mini, love Minis because it's total custom ordering and the S has the BMW turbo engine.