General Motors

1104_buick_regal_gs

2011 GM Lease Rates – April 2011

Published by G

Due to a lack of lease rates from GM, I decided to pool together all GM models and put them in one post. Please note that GM uses interest rates instead of money factors, so the money factors listed below are approximations of what the interest rates would be.

The money factors are really low right now, plus there are some good cash incentives available to help with the poor residual values. These vehicles seem to be very good candidates to lease and then buy out at lease-end. Still not in the 90+ RWG rating range, but it’s at least they are looking somewhat more promising.


Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.

2011 Chevy Cruze Eco (24mo)
MSRP – $19,175
Sale Price – $17256 (with $1250 cash incentive)
Monthly – $242+ tax
RWG Rating – 85.5

2011 Chevy Cruze Eco (36mo)
MSRP – $19,175
Sale Price – $17256 (with $1100 cash incentive)
Monthly – $226+ tax
RWG Rating – 86.1

For Dealer Quotes, Click Here.


2011 Cadillac CTS 3.0 Performance Sedan ($4075 cash incentive)
36-month | 15k miles | residual 44% | .00061 base money factor

2011 Cadillac SRX Luxury ($650 cash incentive)
36-month | 15k miles | residual 50% | .00077 base money factor

2011 Buick Lacrosse CXS ($1900 cash incentive)
36-month | 15k miles | residual 47% | .00007 base money factor

2011 Buick Regal CXL Turbo ($2400 cash incentive)
36-month | 15k miles | residual 47% | .00007 base money factor

2011 Chevy Cruze Eco ($1250 cash incentive for 24-month, $1100 cash incentive for 36-month)
24-month | 15k miles | residual 60% | .00007 base money factor
36-month | 15k miles | residual 50% | .00042 base money factor

2011 Chevy Tahoe LT 4WD ($1400 cash incentive)
36-month | 15k miles | residual 46% | .00007 base money factor

2011 Chevy Traverse 1LT 4WD
24-month | 15k miles | residual 59% | .00007 base money factor

2011 Chevy Traverse LTZ 4WD
24-month | 15k miles | residual 58% | .00007 base money factor

2011 GMC Acadia Denali SLT2 AWD ($1000 cash incentive)
39-month | 15k miles | residual 50% | .00013 base money factor

A “Beef” With General Motors

Published by G

Recently, I received an email newsletter from my local GMC, Pontiac, Buick dealership. Looking over the “deals”, I decided to pay their website a little visit. Here is what caught my eye:

pontiac-ad

Sweet deal isn’t it? I mean, 0% financing for 60 months for most 09 Pontiac certainly does get me excited about the possibilities of getting a G8 GT or maybe GXP. You know, like the one on this ad. But wait!!! Did you read the fine print? It says “Offer EXCLUDES the newly designed 2009 G8”. So tell me, WHY ON EARTH IS THAT CAR PICTURED ON THIS AD!?!? Who’s the smart Marketing Director that approved this ad?  What’s sad about this whole entire fiasco is that no Pontiac, besides the G8, is worth owning.

Word of advice to General Motors, if you do not want your reputation tarnished any further, stop being such boneheads by putting out stupid advertisements like this. It’s not like you need this kind of bad PR right now anyway.

05/14/09 UPDATE! JAS, you don’t happen to work for GM do you? LOL. You are correct by the way, the fine print DOES in fact say G6 instead of G8. Upon closer inspection, you can sort of make out the 6, so the ad IS in fact correct. I will go on record to say that GM actually did not falsely advertise the “TOTAL CONFIDENCE” promo. So we should have “Confidence” in them, for now anyway. Now indulge me with the opportunity to constructively critique this ad for a second. From a design standpoint, I would commend that the snippet about the G6 be placed near the “60 months”, maybe go with “0% for 60 months on 2009 Pontiac models (except the G6)” instead. I think this would clear up any possible misunderstanding since the 6 would be much larger and more prominent. Again, bad call on the poorly designed ad and marketing direction. The good news is that at least the info isn’t wrong and you can in fact get yourself into a G8 GXP for 0% over 60 months. Good deal!

Here’s a closer look at the fine print:

2009g6

Tough call, but you can sort of make out the 6, so GM wins. LOL. Thanks again for pointing this out JAS. And here I thought nobody reads my rants. LOL.

GM & Chrysler hold merger talks

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General Motors has held discussions about acquiring Chrysler, The New York Times and Wall Street Journal reported late Friday.

The talks between GM and Cerberus Capital Management, which owns Chrysler, began more than a month ago, the Times reported on its Web site.

The Journal reported that the talks were “rendered inactive” because of the upheaval in financial markets but that people familiar with the developments said the talks could be revived quickly if markets stabilize.

Two people close to the talks told the Times the chances of a merger were “50-50.”

Sources:
From MSNBC
FULL Article from NY Times

“Holy Auto Merger Batman!” Can you imagine how things will turn out if this happens…will GM quality drop to Chrysler standards? Or will Chrysler quality raise to GM standards? Or perhaps they are both too low to matter? Either way they shakes out, I am suspecting that GM may be on the verge of pulling out of leasing completely.

The GM 72-Hour Sale, Ends June 30th

Published by G

GM is current offering a 0% APR financing for 72-months (about 6 yrs) on the following 2008 models:

  • Chevrolet: Suburban, Avalanche, Equinox, Colorado, Tahoe, Silverado, TrailBlazer, Uplander, Impala, HHR
  • Buick: Lucerne, Lacrosse
  • Pontiac: Torrent, Solstice, G6, Grand Prix
  • GMC: Yukon and Yukon XL, Sierra, Envoy and Canyon
  • Cadillac: All Escalade models, SRX, STS, DTS
  • HUMMER: H2 and H3
  • Saab: 9-7X, 9-3 Convertible
  • Saturn: Sky, Aura and Vue

Unfortunately, It doesn’t apply to all models. However, it does cover an extensive list of pretty “cool” cars, such as the Saturn Sky (including the Red Line) and it’s twin, the Solstice. Unfortunately, the other models are less than desirable. At least you get free financing, which can’t be beat.

If any residents in or near Southern California end up getting a Sky/Solstice and would like to take it up a notch, check out Race Precision and their RPi Sky 24GT. One of the owners, Apex/Gabe, has his Noble M400 featured here on The Wall.

GM’s 72-hour sale ends June 30th, 2008.