__________________ My goal: Under promise and OVER DELIVER!
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When I'm not selling Corvettes, I enjoy spending time with my wife Kathy and our children and new granddaughter!
Hey Rick,
Thanks for stopping by and reading the news! Any relief and assistance with the over 500 emails and phone calls I get every day from folks needing advice and assistance is most appreciated. Unlike you "big boys" I spend more time helping others than actually selling Corvettes 'cause we don't get the number of allocations that you get.
cerino,
Thanks for your post and your question.
The program reads:
1. GM/GMAC WILL WAIVE THE FIRST MONTHLY PAYMENT UP TO A MAXIMUM OF $1000.
or
2. GM/GMAC WILL WAIVE THE FIRST TWO MONTHLY PAYMENTS UP TO A MAXIMUM OF $2000.
or
3. GM/GMAC WILL WAIVE THE FIRST THREE MONTHLY PAYMENTS UP TO A MAXIMUM OF $3000.
or
4. GM/GMAC WILL WAIVE THE FIRST FOUR MONTHLY PAYMENTS UP TO A MAXIMUM OF $4000.
This program is basically a rebate to cover up to 4 payments up to a maximum of $4000. This is not a pay it later type of program.
Please realize that I am simply notifying everyone of the existence of this program. I am not promising that everyone qualifies. This is a private mailer and only the recipients qualify.
Have a successful day,
Ken Fichtner
Fichtner Chevrolet
On the: GET UP TO FOUR MONTHS ON US plan, are they just waiving the payment or are they actually making the payment for you?
i.e. is this just a "No payments or interest until X" deal.
I used one of those certificates to buy my Corvette last April. It was a GMAC/GM Card promo. Within 30 days, GMAC/GM Card actually made the first two payments, thus reducing the principal owed on the loan. I used their automated system to verify their payment and my new balance. I didn't write a check to GMAC until July. Worked great for me!
Ken,
could you please explain the GM Military Assistance Program for Active Duty and Reservists and what kind of discounts, if any, is one elgible for? Thanks.
Per my post, here are the details on the military purchase plan:
PROGRAM NUMBER: 05-31C-2
PROGRAM NAME: GM MILITARY PURCHASE PROGRAM
PROGRAM DESCRIPTION:
THIS IS A GENERAL MOTORS MILITARY PURCHASE PROGRAM FOR ACTIVE AND RESERVE MILITARY PERSONNEL WHO PURCHASE/LEASE ONE OF THE ELIGIBLE NEW AND UNUSED MODELS DETAILED IN GUIDELINE NUMBER 4 BELOW.
NOTE: A MILITARY STATUS VERIFICATION DOCUMENT IS ATTACHED TO THE BOTTOM OF THIS MESSAGE. THIS FORM MUST BE FILLED
OUT IN ITS ENTIRETY AND KEPT IN THE DEALER'S DEAL FILE.
IMPORTANT NOTE:
- ONLY ACTIVE AND RESERVE MILITARY PERSONNEL ARE ELIGIBLE.
- DEALERS ARE REQUIRED TO VERIFY ELIGIBILITY OF MILITARY
PERSONNEL BY:
1. INSPECTING THE DOD GENEVA CONVENTIONS IDENTIFICATION CARD.
2. CONFIRMING AUTHENTICITY OF THE ID CARD BY CHECKING FOR THE PRESENCE OF THE U. S. DEPARTMENT OF DEFENSE EAGLE HOLOGRAM.
3. CAPTURING AND RECORDING INFORMATION FROM THE ID CARD ONTO THE MILITARY STATUS VERIFICATION DOCUMENT ATTACHED BELOW.
4. ATTESTING TO THE ACCURACY OF THE INFORMATION PROVIDED BY
SIGNING THE MILITARY STATUS VERIFICATION DOCUMENT.
- CAPITALIZED COST REDUCTION/DOWN PAYMENT ASSISTANCE:
THIS ALLOWANCE MUST BE UTILIZED TO REDUCE THE CAPITALIZED
COST OF THE GMAC SMARTLEASE CONTRACT OR THE AMOUNT TO
FINANCE FOR GMAC SMARTBUY CONTRACTS. ON GMAC
SMARTLEASE/SMARTBUY CONTRACTS, THIS ALLOWANCE MAY NOT BE
OFFERED AS CASH TO THE CUSTOMER.
DOCUMENTATION REQUIREMENTS:
- THE CUSTOMER MUST PRESENT THEIR MILITARY IDENTIFICATION
OR OTHER DOCUMENTATION THAT CLEARLY REFLECTS ACTIVE OR RESERVE STATUS. THE DEALER MUST INSURE THAT A COPY OF THE MILITARY STATUS VERIFICATION DOCUMENT ATTACHED AT THE BOTTOM OF THIS MESSAGE BE FILLED OUT IN ITS ENTIRETY AND RETAINED IN THE DEALER'S DEAL FILE.
PROGRAM TIME PERIOD (DELIVERED):
APRIL 1, 2005 THROUGH JANUARY 3, 2006
ELIGIBLE MODELS/REQUIRED OPTIONS/ORDER TYPES AND ALLOWANCES:
ELIGIBLE MODELS: ALL NEW AND UNUSED 2004/2005 GENERAL MOTORS MODELS LISTED BELOW:
If I read all of this mumbo jumbo correctly, a fellow like me who has a vert on order and is paying cash can expect no rebate or cash incentives whatsoever on any type of Corvette purchase. Is that correct - GM is basically rewarding those customers taking advantage of the leasing and financing side of GMAC's business transactions on cars other than Corvettes. No problem if true - as they can set the terms of how they want to do business.
DaVeed,
If you take delivery of your new Convertible on or before May 31, 2005 you are entitled to a $1000 rebate whether you pay cash or finance. The hot button $1000 incentive applies to Corvettes and does not require financing with GMAC!
Ken I think that guy may also be talking about the program (mailer) where GMAC pays 1,2,3 or 4 months payments on a new 2005. But it reads like it does not apply to the Corvette and the Hummer.
Ken I think that guy may also be talking about the program (mailer) where GMAC pays 1,2,3 or 4 months payments on a new 2005. But it reads like it does not apply to the Corvette and the Hummer.
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The Latest Round of Incentives from Chevrolet
