Quote:
Originally Posted by eastcoasthd
Can someone please explain to me how GM's various incentive programs work.
If I opted for $2500.00 cash back and $1000.00 GM loyalty, the total is subtracted from the MSRP or negotiated price. Is the dealer then reimbursed in full from GM? In other words GM is taking the hit, not the dealer?
Also when using GM card earnings is the dealer reimbursed for the full amount?
|
Rebates have NOTHING to do with the dealer's pocket, and are fully paid for by GM.
They're also always subtracted from whatever your best negotiated price is, and the same goes for GM card earnings which count exactly like any other GM cash rebate.
All are taken off your best price at the time of signing...and then all rebate amounts are paid for by GM in full.
__________________
Me: '08 G6 GT Coupe...ugh...soon to be '09 Malibu 2LT V6!
Mom: '08 Malibu 2LT 4-cyl
Dad: '96 Subaru Legacy Wagon, '93 Fleetwood Brougham
Brother: '86 Regal LTD
Full Album