GM Employee and Supplier Plans Revised AGAIN, 6/3/05

[Ken Fichtner]

Just in from General Motors, Corvettes ARE available for purchase under the GM Employee (GMS) and GM Supplier Plans.

Find a participating dealer and make a great buy!

PROGRAM NUMBER/NAME/TEMPLATE TYPE:
CORPORATE PROGRAM NUMBER: 05-06-2
CORPORATE PROGRAM NAME: 2005 MODEL YEAR GM EMPLOYEE PURCHASE PROGRAM

PROGRAM DESCRIPTION:
THIS IS A TEMPORARY MODIFICATION TO AND A REPLACEMENT OF PROGRAM NUMBER
05-06-1 (ADMIN MESSAGE NUMBER BAI20040628-1).

CHANGES ARE INDICATED WITH A POUND SIGN (#). ALL OTHER GUIDELINES
REMAIN UNCHANGED.

GM NEW VEHICLE PURCHASE PROGRAM:
GM NEW VEHICLE PURCHASE PROGRAM PROVIDES A SPECIAL VEHICLE PRICE
TO PROGRAM PARTICIPANTS (I.E. GM EMPLOYEES, RETIREES, SURVIVING
SPOUSES AND ELIGIBLE FAMILY MEMBERS) WHEN AN ELIGIBLE VEHICLE IS
PURCHASED FROM A PARTICIPATING DEALER AT THE PRICES DESCRIBED
BELOW PLUS APPLICABLE TAX, TITLE AND REGISTRATION FEES.

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.

-ELIGIBLE UNITS UPFITTED BY AN APPROVED CONVERSION COMPANY ARE DELIVERED TO THE 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 PLUS A PRICE FOR THE UPFIT
THAT IS NEGOTIATED BY THE DEALER AND THE CUSTOMER.

-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):
# JUNE 3, 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.


PROGRAM NUMBER/NAME/TEMPLATE TYPE:
CORPORATE PROGRAM NUMBER: 05-10-2
CORPORATE PROGRAM NAME: 2005 MODEL YEAR GM SUPPLIER DISCOUNT PROGRAM

PROGRAM DESCRIPTION:
THIS IS AN ENHANCEMENT TO AND A REPLACEMENT OF PROGRAM NUMBER 05-10-1
(ADMIN MESSAGE NUMBER BAI20040624-01). CHANGES ARE INDICATED WITH A
POUND SIGN (#). ALL OTHER GUIDELINES REMAIN UNCHANGED.

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.

*NOTE: VEHICLES INVOICED PRIOR TO SEPTEMBER 29, 2003, WILL BE
DELIVERED AT 4% ABOVE THE "GMS PRICE".

PROGRAM TIME PERIOD (DELIVERED):
# JUNE 1, 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.

[BGZQ8]

Ken ,
With this change (again), the way I understand the program is that a dealer that sells even ONE unit thru (GMS for everyone) HAS to use that program on ALL units on all of his BRANDS , untill July 5, 2005. Am I correct?

[2ndZ06]

GM.com says right now "Excludes 2005 Chevrolet Corvette and medium duty trucks. Take delivery by July 5, 2005. See dealer for details." under the GM Employee Discount for Everyone details.

I'm not questioning you Ken, but it sure is confusing for the consumer to figure out what is going on. Maybe GM ought to work on better communication as well as better prices in order to lure consumers.

[Vette-Pilot]

2ndZ06,

The "GM Employee Discount for Everyone" is different from the discounts mentioned above, therefore it has different exclusions.

The discounts mentioned above are for people who are authorized to purchase a GM Vehicle using "GM Supplier" or "GM Employee" discounts by either being employed by GM or being affiliated with a company who is a GM Supplier. For instance, I am employed by American Airlines and they are a certified "GM Supplier" company so I am authorized to use the "GM Supplier" discount.

The "GM Employee Discount for Everyone" is for anyone else who does not normally qualify for the "GM Employee" discount.

Hope that clears things up

[Ken Fichtner]

Jack,

Thanks for your post....you are right on.

To everyone, please let me try to explain all of this:

There is really nothing confusing about the programs presently in place:

1) The GM Employee Discount for Everyone national program for those not able to purchase under the GM Employee or GM Supplier plans excludes Corvette and has since announced last week.

2) The GM Employee and GM Supplier plans include Corvette.

3) Dealers participating in the GM Employee Discount for Everyone national program must offer all in stock vehicles at the set price under the program. Again, let me repeat that Corvettes are excluded.

4) A dealer may choose to offer or not to offer Corvettes to GM Employees and Suppliers.

5) To purchase under the GM Employee or Supplier plan you must have a certification allowing you to do so.

Have a great week,
Ken Fichtner

[2ndZ06]

Thanks for the clarification.

So the 'GM Employee Discount for Everyone' program should really be called the 'GM Employee Discount Lite' or the 'Almost GM Employee Discount for Everyone'.

Thanks Ken as always for passing the straight scoop on to us and keeping us informed. The really good news is that GMS is available on ALL Corvettes again and this time they listed 2006 models as well as the 2005s. Now if they would just change the retention period on Vettes back down to 6 months like it used to be instead of 2 years, then things would be good again.

Jeff

[C6SNOOPY]

Based on Ken's post, Corvettes are not part of the discount plan.

Based on 2ndZo6's post, Corvettes are part of the discount plan.

I have re-read the two posts and don't understand what is being offered.

Please advise either the

Corvette is offerable for discount to anyone whether they work of GM or not

or

the Corvette is not offerable for discount to people who are non-GM related/approved/employeed.

Thanks. Sorry for my confusion.

[Ken Fichtner]

Here are the facts again. These statements are factual based upon the program rules issued by GM regardless of what someone else might post in this or other forums:

1) The GM Employee Discount for Everyone national program for those not able to purchase under the GM Employee or GM Supplier plans excludes Corvette and has since announced last week.

2) The GM Employee and GM Supplier plans include Corvette.

3) Dealers participating in the GM Employee Discount for Everyone national program must offer all in stock vehicles at the set price under the program. Again, let me repeat that Corvettes are excluded.

4) A dealer may choose to offer or not to offer Corvettes to GM Employees and Suppliers.

5) To purchase under the GM Employee or Supplier plan you must have a certification allowing you to do so.


SUMMARY:
If and only if you are an eligible Supplier or GM Employee with a certificate AND if you can find a dealer willing to honor the certificate, Corvettes qualify.
If you are not a Supplier or GM Employee you CANNOT purchase a Corvette under the recently announced sales promotion, Employee Discount for Everyone.

[C6SNOOPY]

Ken,
Thanks for clearing that up.

[2ndZ06]

Sorry if I caused any confusion. Ken is always right. He is the one I always look to for the real information. I was just looking for clarifcation myself.

Ken, thanks again as always for providing true and accurate information.

Jeff

[MD2005]

Ken I searched about 15 dealers last March to find a dealer that would honor the GM employee discount on the C6, without any success. I finally found a local dealer in Winnemucca NV that would give me a $3500 discount. I placed my order on March 15th and was told by the dealer that he had allocation. In the middle of May he called me and told me that GM had met their quota and cancelled my order. The following Saturday he took the order off museum delivery and come to find out it's still on order.

Fortunately Marvin came through for me and I was able to place the order with him but at a higher price.

Can someone tell me if this is true that GM would meet their quota and cancel orders that supposable had allocation?

Personally I think he found a new customer that would pay more.

[Ken Fichtner]

"Can someone tell me if this is true that GM would meet their quota and cancel orders that supposable had allocation?"

A dealer has an allocation or they do not!!!

In your case they either used the allocation for someone else or they did not have an allocation to begin with.

Ken Fichtner

[cgg]

Originally Posted by MD2005

Ken I searched about 15 dealers last March to find a dealer that would honor the GM employee discount on the C6, without any success. I finally found a local dealer in Winnemucca NV that would give me a $3500 discount.

I searched about 100 dealers and found 8 or 10 that would do GMS. I ordered one and my build date is the 27th. I think 15 dealers just isn't enough. :-p