kwagner

Wanted - C6 Dealer willing to accept GM GMS pricing. Any dealer interested, please contact me directly or via IM.

Thanks,

Twist

Yeah, sign me up for that too. I'm lookin' to get make my first Vette a C6 'vert and I need to take advantage of my GMS discount. I wonder when the first dealer will crack and start to offer it...

TRiley

As of today, General Motors is not letting the dealers offer GMS pricing to any customer who qualifies.
It is not the dealers fault.
GM is holding the car out of the program.
Thanks,

kwagner

That is not my understanding. Perhaps Ken Fitchner can provide some insight or confirm?????

misteroman

Someone(maybe Ken) said on here before they would honor GMS but you had to keep the car for 2 years.
D

jschindler

Ken's latest news letter shows it's available, with a two year retention period. In fact, Ken even said he has taken a couple of GMS orders (I'm sure for very loyal customers of his).

Twist

2 year retention period? No problem! I'm gonna keep this car for quite a long time...
The first dealer to offer GMS (and not just to loyal customers) will get my business....just have to keep an eye out.

Another Yellow

Why would any dealer want to give up all that profit for anyone but a loyal customer?

jschindler

Twist

I'm not saying that they would....yet. I understand that the dealers are not going to offer GMS yet when supply is low and demand is high, except in rare certain cases to loyal customers. But when supply starts to increase and demand startes to decrease, there will be some dealers out there that will begin to lure in sales by offering GMS pricing to the general public. I'm just curious to see when we will hit that point, and want to be first in line when we do.

RichieRich

I admit I may be mistaken, but my understanding is that a car sold at GMS doesn't come out of the dealer's total yearly allocation. If this is true, cars aren't being sold at GMS simply because dealers don't want to be bothered, not because they effectively lose a chance at a high profit sale.

YLWFVR75

Same situation as when the C5 Came Out!!! You had to keep the car for two years! Nothing new there....

Heck, you couldn't even PEP a C5!!!

jschindler

I really don't think this is true. Why would they "not want to be bothered". They still make a fair profit on GMS units. In fact, my dealer tells me he makes more on me (at GMS) than on a friend of mine who buys everything at invoice. GM pays the dealer a percentage to handle GMS sales.

kwagner

Here is the latest program rules just amended:

A. If purchasing a vehicle under The Programs with cash or through a loan, ownership must be retained for at least six months from the date of delivery of the vehicle, except for Corvette, SSR, XLR and GTO, which have a required retention period of two (2) years from the vehicle delivery date.

jschindler

I wonder if someone can clarify something. Obviously GM cannot dictate that we keep a car for 2 years. I realize that breaking the rules can cause the employee to lose their rights to this program. But does this really mean you have to keep the car two years, or does it just mean that you cannot buy another vehicle on the GMS plan for two years?

kwagner

A. An eligible employee, retiree or surviving spouse may purchase/lease and/or sponsor the purchase/lease of a combined total of six (6) new vehicles per calendar year.

jschindler

That still doesn't address the issue of the two year retention period. What happens if you don't keep it two years?

L76

Employee may lose his/her GMS purchasing privilege. GM now tracks car history via VIN... and knows which cars were purchased via GMS. Insurance and govenrment agencies and others in the industry also track information about your vehicle via the VIN... Aren't computers great??

This is the reason why online car services like vehix.com and others can give you the background on a used car (e.g. repair history, crash incidents, etc.)

Anyway... the2 year policy is in place on premium GM vehicles to protect dealers and the market price of NEW premium cars by ensuring that the used car market is not "watered down." e.g. if Vettes purchased under GMS were "flipped" - the used car market price (in GM's theory) could be artificially low compared to new car prices it uld have a negative effect on both new and used market.

Fast Lane

I waited 4 years for a GMS discount on a C5. I expect the same for myself with the C6. Ken states that he has sold his allocation of 05's already. Good luck finding a GMS dealer, would be nice.

vettsh

As far as a being a loyal customer - my dealership of 25 years refused me a GMS discount or even a free T-shirt! Guess I know what my business meant to them!


[Modified by vettsh, 11:02 AM 5/8/2004]


[Modified by vettsh, 11:03 AM 5/8/2004]