GM to Offer 60-Day Money Back Guarantee on Cars - Page 3

Mr Twisty · 09-11-2009, 12:05 AM

Bashing is uncalled for. They're trying to do a decent thing by basically guaranteeing you'll like the car, but they want intelligent buyers, not deadbeats.

If you qualify for a loan, it'll transfer over to the next car.

zebra · 09-11-2009, 12:19 AM

Quote:

Originally Posted by comiskeybum

Ford dosent need to offer plans like this............cuz they didnt go bankrupt or take handouts like a poor man on the street.......

nope... they just sold their first born

comiskeybum · 09-11-2009, 10:42 AM

Quote:

Originally Posted by zebra

nope... they just sold their first born

thats the way it should be done

*Mr. Wyndham* · 09-11-2009, 12:36 PM

Quote:

Originally Posted by ArcAngel

first hey Junkie Dragoneye long time!

Quote:

Originally Posted by comiskeybum

we'll see.

We will...and I anticipate some of us will be blinded by the success of this program...

comiskeybum · 09-11-2009, 07:05 PM

Quote:

Originally Posted by Dragoneye

We will...and I anticipate some of us will be blinded by the success of this program...

i hope your right........i hope this program actually works and makes GM a lot of money.

csadusky · 09-12-2009, 11:08 AM

Amazing to me the amount of information posted on these forums that is totally wrong. There is no fine print about having to buy a NON GM car to get your money back PERIOD.

RPO_Z28 · 09-12-2009, 11:26 AM

Dan3 · 09-15-2009, 03:02 PM

Quote:

Originally Posted by csadusky

Amazing to me the amount of information posted on these forums that is totally wrong. There is no fine print about having to buy a NON GM car to get your money back PERIOD.

OK! I thought I was the only search-disabled dingbat who couldn't find this "fine print."

Here is what I found:
To get the money back, you must purchase the vehicle and keep it for AT LEAST 30 DAYS. If at anytime between 31 and 60 days you decide you don't like the vehicle, GM will purchase it back from you at sale price. You will lose any money spent on tax, tags, title, dealer fees, etc. If the car has any damage you will have to pay to have that repaired out-of-pocket as well. As far as I can find, there is NO requirement to buy another car from anyone.
If you have a trade-in it gets more complicated, because you have to actually purchase your trade-in back, so you lose another round of tax, tags, title, and fees as well as any markup the dealer may have placed on the vehicle (they DO own it after you sign the papers).

This is definately not a "gotcha" program designed to cheat or dupe anyone. I think this will bring more people into GM dealerships to at least shop GM, but I see a huge potential for some unscrupulous dealers to cheat people and give this program a bad rap.

opsldo · 09-15-2009, 03:05 PM

I Opted for $ 500.00 instead of the money back guarantee. I cant imagine I would return it and this way I put more down on the car. If you haven't done your paperwork yet ask about the option if you don't want the money back guarantee. Picking mine up in a few hours so we will see if it was a good choice (LOL).

Michael_Js · 09-23-2009, 11:17 AM

ANyone know if this is retro - like if we already took possession

I know, dreamin...

09-11-2009, 12:05 AM	#29
Mr Twisty Drives: the 2nd amendment home Join Date: May 2008 Location: OK Posts: 14,763	Bashing is uncalled for. They're trying to do a decent thing by basically guaranteeing you'll like the car, but they want intelligent buyers, not deadbeats. If you qualify for a loan, it'll transfer over to the next car. __________________ "They that can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety." -- Benjamin Franklin lib·er·ty /ˈlibərdē/ noun 1. the state of being free within society from oppressive restrictions imposed by authority on one's way of life, behavior, or political views

09-12-2009, 11:26 AM	#35
RPO_Z28 Drives: 2007 C6Z Join Date: Jan 2009 Location: RVC, New York Posts: 1,742	__________________

09-15-2009, 03:05 PM	#37
opsldo Drives: None Join Date: May 2009 Location: Virginia Beach, VA Posts: 86 View My Garage	I Opted for $ 500.00 instead of the money back guarantee. I cant imagine I would return it and this way I put more down on the car. If you haven't done your paperwork yet ask about the option if you don't want the money back guarantee. Picking mine up in a few hours so we will see if it was a good choice (LOL). __________________ WHITE 2SS/RS/AUTO/BLACK INTERIOR/BLACK RALLY STRIPES 1100, Preliminary order accepted 5/21/09 2000, Order accepted by GM 8/04/09 2500, Order preferenced 8/04/09 3000, Order accepted by production control 8/04/09 TPW 8/24/09 3100, Order available to sequence 8/18/09 3300, Order scheduled for production 8/18/09 3400, Order broadcast 8/21/09 3800, Order produced 9/1/09 4000, Available to ship 9/1/09 4200, Shipped 9/1/09 5000, Delivered to the dealer 6000, Delivered to the

09-23-2009, 11:17 AM	#38
Michael_Js SoCal C5 Family Member Drives: 2010 Camaro SS/RS - Black w/IOM; 6M Join Date: Jul 2009 Location: San Diego, CA, USA Posts: 5,298 View My Garage	ANyone know if this is retro - like if we already took possession I know, dreamin... __________________ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~ 2010 Black 2SS/RS; 6M; IOM, GFX, sunroof; ADM Race CAI; Zoomers CB; Viper Alarm; Pdaft F&R sways, Adj Endlinks, Rtrailing arms, Camber kit, strut brace, Front Trailing Arm Bushing; SLP Skip-Shift Elim; Tinted lights/windows; Hurst Short-throw; LoJack; Door & Dash ABL Mods; ********; JBA Shorty headers; AACStyle LEDs; Stillen DS rotors, Hawk Ceramic pads; Havoc Blk Chrome wheels: 20x9s; Lingenfelter Blk Al Pedals; RevXtreme Catch Can; Goodridge SS lines; Ported TB; RK Sport hood; Hotchkis chassis brace; KW V3 coilovers;

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09-12-2009, 11:08 AM	#34
csadusky Drives: Blank Join Date: Apr 2009 Location: West Babylon Posts: 29	Amazing to me the amount of information posted on these forums that is totally wrong. There is no fine print about having to buy a NON GM car to get your money back PERIOD.