GM Deals, to Clear Pontiac and Saturn Lots
(December 31st, 2009 under Automobile Industry )GM has announced a series of schemes which should help overall sales and also get rid of remaining Pontiac and Saturn products. “In what is equivalent to a year-end fire sale, GM sent letters to dealers Dec. 23 saying it would pay them $7,000 for every new Saturn or Pontiac
on their lot that is moved to rental-vehicle or service-vehicle fleets operated by the dealers. Dealers can then sell the vehicles at a more attractive price, though they must be described to customers as used because the dealers technically will be the vehicles’ first owner.…If a dealer passes along all the new incentive to a customer, Pontiac’s cheapest vehicle, the G3 compact, could go for about $8,000, or 46% off the sticker price of about $15,000.”
Here is a link to a thorough article on this topic: http://articles.moneycentral.msn.com/SavingandDebt/SaveonaCar/gm-deeply-discounts-saturns-and-pontiacs.aspx
Michael
This entry was posted on Thursday, December 31st, 2009 at 8:40 am and is filed under Automobile Industry .
[...] GM Deals, to Clear Pontiac and Saturn Lots [...]