GM EMPLOYEE ORDER/OUT OF STOCK PURCHASE PROGRAM (GMS):
-NEW UNITS INCLUDING UNITS USED AS DEMO AND DRIVER EDUCATION
LOANERS WITH A MAXIMUM OF 2,499 MILES, BUT EXCLUDING
CHEVROLET/PONTIAC-GMC APPROVED CONVERTED UNITS, ARE DELIVERED
TO AN ELIGIBLE PROGRAM PARTICIPANT FROM PARTICIPATING DEALER
STOCK AT AN AMOUNT (I.E., RETAIL DEALER INVOICE TOTAL LESS
HOLDBACK AND ANY GM CO-OP ADVERTISING** AMOUNT PLUS $75)
DISPLAYED IN THE GMS FIELD ON THE GM VEHICLE INVOICE.
-DEMO AND DRIVER EDUCATION UNITS WITH A MINIMUM OF 2,500
MILES AND A MAXIMUM OF 7,500 MILES:
VEHICLES ARE DELIVERED FROM PARTICIPATING DEALER STOCK AT AN
AMOUNT (I.E., RETAIL DEALER INVOICE TOTAL LESS HOLDBACK AND
ANY GM CO-OP ADVERTISING* AMOUNT PLUS $75) DISPLAYED IN THE
GMS FIELD ON THE VEHICLE INVOICE LESS A DISCOUNT NEGOTIATED
BY THE DEALER AND THE CUSTOMER.
* IDENTIFIED AS ACCOUNT 65A ON THE GM VEHICLE INVOICE.
GM COMPANY OWNED VEHICLE PURCHASE PROGRAM (PEP):
GM COMPANY OWNED VEHICLE PURCHASE PROGRAM PROVIDES
SPECIAL PRICING TO PROGRAM PARTICIPANTS (E.G., GM EMPLOYEES,
RETIREES, SURVIVING SPOUSES AND DEPENDENT CHILDREN UNDER THE AGE
OF 25) ON UNITS PREVIOUSLY USED IN THE GM COMPANY PRODUCTION
EVALUATION PROGRAM AS FOLLOWS:
PEP (GMU) UNITS ARE INVOICED AT MODEL, OPTION AND DESTINATION
FREIGHT (DFC) PRICES IN EFFECT ON THE DATE OF THE VEHICLE ORDER
LESS A MILEAGE DISCOUNT AND EXCLUDING HOLDBACK AND WHOLESALE
FLOORPLAN. THE ELIGIBLE PROGRAM PARTICIPANT PAYS GM INVOICE
TOTAL FOR THE VEHICLE PLUS APPLICABLE TAX (INCLUDING LUXURY TAX),
TITLE AND REGISTRATION FEES.
PROGRAM TIME PERIOD (DELIVERED):
MAY 10, 2005 THROUGH SEPTEMBER 30, 2005
ELIGIBLE MODELS/REQUIRED OPTIONS/ORDER TYPES AND ALLOWANCES:
ELIGIBLE MODELS:
ALL NEW AND UNUSED 2004, 2005 AND 2006 MODEL YEAR BUICK, CADILLAC,
CHEVROLET, HUMMER, OLDSMOBILE AND PONTIAC-GMC PASSENGER CARS AND LIGHT
DUTY TRUCK MODELS **EXCLUDING HUMMER H1**.
NOTE: CERTAIN MODELS MAY BE PERIODICALLY EXCLUDED. IN THOSE
INSTANCES, DEALERS ARE NOTIFIED THROUGH AN ADDENDUM TO THIS
ADMINISTRATIVE MESSAGE.
EFFECTIVE MAY 10, 2005, THERE WILL BE NO PASSENGER CAR OR LIGHT DUTY
TRUCK MODEL RESTRICTIONS (EXCEPT HUMMER H1) FOR THE GM EMPLOYEE
PURCHASE PROGRAM (05-06-*). SEE PROGRAM NUMBER 05-06-* FOR COMPLETE
DETAILS.
THIS IS THE END OF THE ADDENDUM TO CORPORATE PROGRAM NUMBER 05-06-*.
GM SUPPLIER PLAN
2005 MODEL YEAR GM SUPPLIER DISCOUNT PROGRAM
IF THE GM DEALER ELECTS TO PARTICIPATE IN THE PROGRAM, GENERAL MOTORS
SUPPLIER DISCOUNT PROGRAM ALLOWS ELIGIBLE EMPLOYEES OF GM SUPPLIERS
TO PURCHASE ELIGIBLE GM VEHICLES AT A GM ESTABLISHED PRICE (I.E., 4.5%*
ABOVE THE "GMS PRICE"). BOTH THE GMS PRICE AND SUPPLIER PRICE ARE
STATED ON THE INVOICE. ANY DEALER INSTALLED OPTION, CONVERSION/UPFIT
PACKAGE, GENERAL MOTORS PROTECTION PLAN OR OTHER EXTRA CHARGE ITEM WILL
BE DELIVERED AT A PRICE AGREED UPON BETWEEN THE SUPPLIER AND THE DEALER.
DEMO AND DRIVER EDUCATION UNITS WITH A MINIMUM OF 2,500 MILES AND A
MAXIMUM OF 7,500 MILES:
VEHICLES ARE DELIVERED AT 4.5%* ABOVE THE "GMS PRICE" ON THE VEHICLE
INVOICE LESS A DISCOUNT NEGOTIATED BY THE DEALER AND THE PURCHASER.
FOLLOWING RETAIL DELIVERY OF THE VEHICLE, GENERAL MOTORS WILL CREDIT
THE PARTICIPATING DEALER 2% OF MODEL AND OPTION NET COST LESS $75 FOR
ASSISTING IN THE VEHICLE SALE PROVIDED THE VEHICLE WAS DELIVERED TO
THE SUPPLIER AT THE ESTABLISHED PRICES REFERENCED ABOVE.
*NOTE: VEHICLES INVOICED PRIOR TO SEPTEMBER 29, 2003, WILL BE
DELIVERED AT 4% ABOVE THE "GMS PRICE".
PROGRAM TIME PERIOD (DELIVERED):
MAY 10, 2005 THROUGH SEPTEMBER 30, 2005
ELIGIBLE MODELS/REQUIRED OPTIONS/ORDER TYPES AND ALLOWANCES:
ELIGIBLE MODELS:
ALL NEW AND UNUSED 2004, 2005 AND 2006 MODEL YEAR BUICK, CADILLAC,
CHEVROLET, HUMMER, OLDSMOBILE AND PONTIAC-GMC PASSENGER CARS AND
LIGHT DUTY TRUCKS **EXCLUDING HUMMER H1**.
NOTE: CERTAIN MODELS MAY BE PERIODICALLY EXCLUDED. IN THOSE INSTANCES, DEALERS ARE NOTIFIED THROUGH AN ADDENDUM TO THIS
ADMINISTRATIVE MESSAGE.
EFFECTIVE MAY 10, 2005, THERE WILL BE NO PASSENGER CAR OR LIGHT DUTY
TRUCK MODEL RESTRICTIONS (EXCEPT HUMMER H1) FOR THE GM SUPPLIER
DISCOUNT PROGRAM (05-10-*). SEE PROGRAM NUMBER 05-10-* FOR COMPLETE
DETAILS.
THIS IS THE END OF THE ADDENDUM TO CORPORATE PROGRAM NUMBER 05-10-*.
__________________ 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!
EFFECTIVE MAY 10, 2005, THERE WILL BE NO PASSENGER CAR OR LIGHT DUTY
TRUCK MODEL RESTRICTIONS (EXCEPT HUMMER H1) FOR THE GM SUPPLIER
DISCOUNT PROGRAM (05-10-*). SEE PROGRAM NUMBER 05-10-* FOR COMPLETE
DETAILS.
Thank you for the information Ken
Does the above statement mean that the Corvette Convertible is off of restriction and is eligible for the GM Supplier Discount?
According to their website the Corvette Convertible is still on restriction:
Quote:
Effective 2/1/05, restricted to coupes (1YY07) only, no convertibles for the balance of the 2005 model year
If they are eligible then maybe they haven't update the GM Supplier website yet.
__________________ Vette-Pilot (Jack)
2007 Lemans Blue Z06 (EVIL Z) :Sold 2006 Black SLK55 AMG Garland, Texas
All Corvettes are eligible under the GM Supplier, GM Employee, and Dealership Employee plans today! Who knows what will happen tomorrow!
Ken Fichtner
Thanks for the info Ken. It was hard to tell what the real changes were compared to the existing programs other than the 4%->4.5% over GMS for the supplier discount. Also the all Corvettes being eligible now is a plus. It will be interesting to see if that will still apply when the 2006 Z06s start coming off the line.
BTW is the retention period still set a 2 years for the Vette and a few other models?
Corvette Store
Modification to GM Employee & Supplier Programs!
