C7 TX

I've got $3000 GM Card points that can be used towards a new 2014 Corvette C7.

Negotiate your best price at your dealer, and then use my points for a further $3000 reduction.

Asking $2250. Please PM me if your interested.

astrotx

Well using your "$3000 - $2250 = $750 savings"

RedC7AZ

If no one takes you up on the offer will you lose the credits at some point?

Are you making this offer to us because you do not plan on ever using the credits to buy a GM car?

C7 TX

The points do expire after several years. Im losing about 500 points each year roughly.

No I'm going to use mine to buy a C7 as well but I have 9100 points. I'm hoping the money I earn from selling will help me pay for the C7.

Its pretty rare that they are allowing 3000 points towards the vette in the past its usually been 500-1000.

C7 TX

Thats correct the buyer gets $750 off their new C7. Not a bad deal if you have a C7 on order or about to order one.

LIStingray

It is really a lot less than that, because you pay sales tax on the full price and then deduct the $3,000, so your $750 savings in NY or Chicago is actually $450.

astrotx

Ooops.

And you probably want to offer it for $1500, probably get a taker or two.

C7 TX

Are the tax calculation different in those 2 areas?

If I buy a 70k C7 vette and tax is 10% then my total is 77k.

If I buy a 70k C7 vette and tax is 10% then my total is 77k but i then add the credit card points for 3k so it comes to 74k and add the 2250 so the total comes to 76250.

Isn't that a true $750 off of the car?

C7 TX

Id like 2000-2250 but I am open to bids.

FLYNLO

Where are you in Texas?

slingshot60

I thought Corvettes were excluded on this? If not I may use mine...

C7 TX

Nope you can do upto 3000 on the GM Card that I have. I believe its the 2nd generation card. The 1st generation card I believe is unlimited up to the amount you have available.

C7 TX

Houston

RUBYREDVET

I very well could be wrong, but I thought you could only give your GM card rebates to close family members?

firefisher

Is this true?

OBSSSD

100% for sure wrong and incorrect

The GM points are like rebates so they are PRE-TAX incentives and therefore removed on the invoice before state sales taxes are calculated.

Therefore, because of the tax savings the $3,000 is like $3,187.50 here in Texas. In places with higher tax rates than 6.25% the savings would be even higher than this. So someone here would be getting an extra $937.50 off the car, and someone in another state may get even more if the tax rate is higher than in Texas.

I have redeemed earnings about 20 times in 3 states and in every single case this is how they worked. So please edit or delete your post

No, anyone who the card user adds to his card can use them whether friend, family, or other individual. I have done this several times and it is quite easy to do.

vetteb_96C

Interesting. I'm negotiating on a new '13 ZR1. Could use some discounted points in my deal.

C7 TX

I'll check and see what the allowance is on the 2013 vettes. Will let you know.

LIStingray

Don't know about where you live, but in NY, NJ & IL, rebates are post tax deductions - essentially another form of cash payment on the total bill. They are 100% POST-TAX.

silver408z

When I read my card it said immediate family only. Maybe his is different