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Originally Posted by zeobandit
I used 6000 points on my GTO last December. Between that and the rebates they had at the time, I got $11,000 off the sticker before even negotiating with the dealer. I ended up getting just over $12,000 off the sticker.
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Ditto. I got $12k off my '04 GTO, but I didn't have to use any of my rebate cards point, because I didn't have any. I bought an '05 Buick a couple of months before and used all my card points up then.
But . . .
GM gave card holders a "special" alotment of points. In my case, 4000 (I think that you could get up to 5000). So I got the $5500 rebate plus a $4000 GM Card rebate. $9500 right off the top. Absolutely free money. Then, the dealer sold me the car below invoice. There went another $2500.
I really feel sorry for those that bought the GTO when it first came out and paid MSRP, or even above MSRP. I am tooling around in a GTO that cost less than a comparably equipped 4 cylinder Accord or Camry. OK, mileage is not the same, but at 21 mpg, I'm not complaining. My co-worker is only getting 12 mpg in his Silverado 2500HD.
BTW, I got a similar deal on the '05 Buick. I had about 500 points. GM "rounded it up" to 2000. So I got all of the incentives available to the public, plus I got an additional $1500 GM Card rebate on top. (Plus the dealer sold me the car for invoice).
None of these "Specials" was widely advertised. The dealer had to look for them or you got a notice in the mail. There was no annoucement at the GMCARD website or on your cc bill.
If anything in the mail comes that says "Special Offer for GM Card Holders", I open it up right away. Usually junk, but maybe not.