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Old 06-26-06, 07:27 PM   #1 (permalink)
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Default 0% Financing, Rebates, Gas Cards, Employee Pricing - if they happen, are you buying?

Is it enough to get you BACK into the NEW CAR Showrooms???


Enough to get you into that NEW C6??


The industy seems to believe it may - they look to be banking on it


What are your thoughts???

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By Kevin Tibbles
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Updated: 25 minutes ago
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CHICAGO - It's getting to be a rite of summer, as carmakers once again roll out the incentives.
"Zero-percent financing and a gas card and in some cases a rebate," saysTerry Miller, the sales manager of Galpin Ford in Los Angeles, in a dealer advertisement. "They're actually paying you to buy a vehicle right now!"
While the automakers haven't laid out exactly what shape their bargains will take, by the end of this week consumers can expect a blend of:
  • <LI class=textBodyBlack>Zero-percent financing <LI class=textBodyBlack>So-called employee discount pricing
  • Rebates
Even gasoline discounts, which some critics consider environmentally unfriendly.
With zero-percent financing, Ken and Amy Jedlicka of suburban Chicago expect to save thousands.
"It's a very handsome incentive for us," says Ken.
But will incentives really help struggling U.S. automakers pump up lagging sales, including those of gas-guzzling trucks and SUVs?
"A lot of people consider them kind of a Band-Aid, in that they'll get people into the showroom right now that might not have come in right now." says Karl Brauer, an industry expert with edmunds.com. "But a lot of times these are people that would've gone in the next six months."
Incentive programs are also aimed at persuading drivers to buy American. Those imports in the mirror may be a lot closer than they appear, with Toyota bumping Chrysler from third place in sales in both April and May.
Analysts say you're likely to see incentives across the board as carmakers try to keep up with the Joneses.
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Old 06-26-06, 07:47 PM   #2 (permalink)
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Right now I would not purchase a new car. Intrest rates, gas prices, and housing costs are so high its all my wife and I can do to just keep our head above water right now. Not to mention our stocks just took a good size hit.
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Old 06-26-06, 07:57 PM   #3 (permalink)
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The incentives don't matter to me. I've ordered a 2007 coupe. I was particular about what I wanted in the car and the only cars I could find on the lot were highly optioned and not what I was looking for. While I like saving money like anyone, I believe I'll be happier with the car as I want it, and not how the dealer optioned it.

That being said, it's tough waiting until the end of August for a car I've been wanting most of my life.... Delayed gratification, right?
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Old 06-26-06, 08:53 PM   #4 (permalink)
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If GM offers 0% 72 months on the Corvette there will be one in my garage before the week is out. I'll just have to find a dealer who'll also sell letting me use my GMS authorization also.

I was thinking of getting a Cadillac CTS 3.6L with Luxury and the 18" Sport Appearance Package for several months. I have been waiting for this, it makes things much more doable. I bought my wifes '02 TrailBlazer with 0% 60 months and it'll be paid off next August. I would normally have paid it off early but free money tickles my fancy.

Last edited by mjdart; 06-26-06 at 08:57 PM.
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Old 06-26-06, 09:43 PM   #5 (permalink)
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Quote:
Originally Posted by mjdart
If GM offers 0% 72 months on the Corvette there will be one in my garage before the week is out. I'll just have to find a dealer who'll also sell letting me use my GMS authorization also.

I was thinking of getting a Cadillac CTS 3.6L with Luxury and the 18" Sport Appearance Package for several months. I have been waiting for this, it makes things much more doable. I bought my wifes '02 TrailBlazer with 0% 60 months and it'll be paid off next August. I would normally have paid it off early but free money tickles my fancy.

That's what I am thinking - 0% does have a nice ring to it
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Old 06-27-06, 11:27 AM   #6 (permalink)
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0% is on for 72 hours, get the C6 while its HOT!!!!!
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Old 06-28-06, 12:51 AM   #7 (permalink)
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Default WHY WOULD YOU NOT BUY A C-6 ???????????????

I guess I just don't get it. Call me naive, but the question makes no sense. The C-6 is a world class sports car at half the price of it's primary competition. It goes like a striped ape, gets 18 mpg in town and 26 on the road, and is both comfortable and fun to drive and ride in.

About the only reason I can think of NOT to buy a C-6 is if I had to haul a lot of plywood, and couldn't afford to rent a truck. Or, perhaps, you have other obligations or just can't afford it.

If a gas card or a rebate is the difference between buying and not buying - do yourself a favor and don't buy it. You really shouldn't spend the money anyway. Buy a frivolous toy like a Corvette when it isn't a strain. Otherwise, you really won't enjoy having it anyway - especially when you have to write the check each month.
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Old 06-28-06, 10:37 AM   #8 (permalink)
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Quote:
Originally Posted by LoyalSince72
If GM offers 0% 72 months on the Corvette there will be one in my garage before the week is out. I'll just have to find a dealer who'll also sell letting me use my GMS authorization also.
I just ordered an '07, atomic orange this past Monday and the dealer gave me my GMS discount.
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Old 06-28-06, 10:57 AM   #9 (permalink)
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Sorry guys....no 0% on Vettes.......
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Old 06-28-06, 11:43 AM   #10 (permalink)
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GM could have done the 0% for 60 month like they did the Cadillac instead of 72 months. The dealers around me have quite a few on the lots with the '07s coming in very soon - bummer........
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Old 06-28-06, 02:56 PM   #11 (permalink)
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Quote:
Originally Posted by mjdart
GM could have done the 0% for 60 month like they did the Cadillac instead of 72 months. The dealers around me have quite a few on the lots with the '07s coming in very soon - bummer........
If they have 06s on the lot, they should be dealin' - 0% or not...but they may wait until an o7 is on the truck.
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Old 06-28-06, 05:14 PM   #12 (permalink)
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In a way I'm glad it isn't on vettes, because I have a severe weakness for 0% financing
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