By on July 12, 2016

2016 Chevrolet Impala V6-008

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.

(Read More…)

Recent Comments

  • sgeffe: Nice!
  • sgeffe: They’ve already done so with the Accord. There’s power to be unlocked, but the elephant in the room is...
  • C5 is Alive: If memory serves, one of the auto mags reported Toyota held back the E140 Corolla for a year in North...
  • Rick T.: I have to admit I’m not really keen on literally entrusting my life to something I’ve purchased...
  • theflyersfan: One day, and this is still true in 2021, marketers will come to their senses and realize that you...

New Car Research

Get a Free Dealer Quote

Who We Are

  • Adam Tonge
  • Bozi Tatarevic
  • Corey Lewis
  • Mark Baruth
  • Ronnie Schreiber