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The Last Great Surge of SUV sales???

PricklyPete

PricklyPete

Lifer
That's right...72 months at 0%. Actually not a horrible idea other than you'll be ass up on your loan as soon as you drive off the lot and pretty much all the way till you pay the loan off...

CNN
 
It's looking real bad for GM. I never really doubted their existence before but now it's hard to see how they'll survive with the capital market way it is. They need to raise capital, and I don't know if they'll be able to get it.
 
Originally posted by: Corporate Thug
3.5% price increase negates what little effect it may have had
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Read earlier, I think this is for '09.

0% only kicks in for most, but not the best selling vehicles unfortunately. I did the math and buying a new expensive minivan over <2 years on my existing one just didn't quite work. Oh well, better luck next time, GM!
 
Hmm.. this works with the Solstice? And trading in a truck or SUV can net up to $7,000 in customer incentives? (on top of the $8,000 or so you'd save for a 72 month loan..)

The interesting thing is I could trade my truck in for a Solstice and actually MAKE money on the deal whereis trying to sell my truck right now would be financial suicide.
 
Hmm... are there any other dealer incentives on the solstice right now? With my employee benefits I can get a GM vehicle at 1% off dealer invoice plus any other incentives that are going on at the time. That makes a Solstice GXP about $25,000 minus any other dealer incentives...

So I'd be looking at a $350 a month car payment on a ridiculously fun little car that still gets almost 30 mpg highway...

Very tempting...
 
Originally posted by: Bignate603
Hmm... are there any other dealer incentives on the solstice right now? With my employee benefits I can get a GM vehicle at 1% off dealer invoice plus any other incentives that are going on at the time. That makes a Solstice GXP about $25,000 minus any other dealer incentives...

So I'd be looking at a $350 a month car payment on a ridiculously fun little car that still gets almost 30 mpg highway...

Very tempting...
Click to expand...

I'm tempted in a similar way for a car for my wife...but she doesn't need one (her car is a 2004 Civic with 75K miles on it and easily gets 40 on highway trips) and a solstice would be very impractical....but still tempting as it would be a lot of fun.

Fortunately financial responsibleness (not a word) will win...but I can't say I wasn't tempted.
 
Originally posted by: Skoorb
Originally posted by: Corporate Thug
3.5% price increase negates what little effect it may have had
Click to expand...
Read earlier, I think this is for '09.

0% only kicks in for most, but not the best selling vehicles unfortunately. I did the math and buying a new expensive minivan over <2 years on my existing one just didn't quite work. Oh well, better luck next time, GM!
Click to expand...

I'm fairly certain you wouldn't want a minivan made by GM anyway...they all but abandoned the market before they ever built one. GM's never made a competitive minivan.

That being said...do you really have a minivan Skoorb...how the mighty have fallen... 🙂

Kids...got to get me some of them.
 
Originally posted by: sniperruff
it's mitsubishi all over again.
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As funny as that is...it really isn't. The mortgage crisis is Mitsubishi all over again (giving loans to people who shouldn't have loans and enticing them with low initial payments or no payments for a short period of time). People were getting Mitsu's just to keep them for the 6 months they didn't have to pay anything...and then just letting them get repossessed.
 
No G8? There went my dreams. =(

What are these customer incentives for trading in a previous truck or SUV? Couldn't find those on the site anywhere.
 
Originally posted by: Skoorb
I do have a minivan, Prickly. 2004 Mazda MPV. It's tight 🙂 I still have the '00 maxima, though.
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Just giving you a hard time 🙂 Now that you mention it is a Mazda MPV...I feel like I remember you posting that when you were considering the purchase.
 
Originally posted by: sniperruff
it's mitsubishi all over again.
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Only if GM lends to unqualified borrowers, and I doubt it given recent history.

Too bad the Saturn Sky doesn't have the 0% offer. That's a sweet car!
 
Originally posted by: Mermaidman
Originally posted by: sniperruff
it's mitsubishi all over again.
Click to expand...
Only if GM lends to unqualified borrowers, and I doubt it given recent history.

Too bad the Saturn Sky doesn't have the 0% offer. That's a sweet car!
Click to expand...

Might want to look harder. I think it does. Check out my link.. unless they made a mistake.

Dunno.
 
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