veni vidi vici
Active Member
Now this is a fine tuned efficient program that only the government can provide.
http://www.youtube.com/watch?v=fi9XCpSYJbY
http://www.youtube.com/watch?v=fi9XCpSYJbY
Your GM Warranty Is Backed By The Government?
- Thread starter veni vidi vici
- Start date
bionicarm
Active Member
Originally Posted by Veni Vidi Vici
http:///forum/post/3014771
Now this is a fine tuned efficient program that only the government can provide.
http://www.youtube.com/watch?v=fi9XCpSYJbY
Whatever it takes to sell cars. People are staying away from the Big 3 vehicles because if they go out of business, whose gonna fix the car when it breaks? You want to drop $30K on a new car, and the company you bought it from goes bankrupt, so you have to spend $1,500 to get the transmission fixed when it was still under warranty? Obama's just grasping at whatever he can to get consumer confidence back.
GM is trying to make it appealing to buy their vehicles. They now offer a 5 year/100,000 mile waranty on the drivetrain, will pay up to $500/month payments for 9 months if you lose your job or get laid off, free OnStar for a year, and a Vehicle Value Protection Plan:
Make your loan payments for at least half of the original term. After that, if you want to buy another GM vehicle, just compare your principal loan balance (not including interest or any refunds on other products/services that were part of your vehicle loan) to the NADA clean retail price for your vehicle. If you owe more than the vehicle is worth, Vehicle Value Protection will help make up the difference.
If you trade your vehicle in to the dealer and pay off the loan, you can recover the difference up to $5,000. If you sell your vehicle in a private sale and pay off the loan, you can recover the difference up to $2,500.
I think Saturn, Ford, and Chrysler have similar plans.
http:///forum/post/3014771
Now this is a fine tuned efficient program that only the government can provide.
http://www.youtube.com/watch?v=fi9XCpSYJbY
Whatever it takes to sell cars. People are staying away from the Big 3 vehicles because if they go out of business, whose gonna fix the car when it breaks? You want to drop $30K on a new car, and the company you bought it from goes bankrupt, so you have to spend $1,500 to get the transmission fixed when it was still under warranty? Obama's just grasping at whatever he can to get consumer confidence back.
GM is trying to make it appealing to buy their vehicles. They now offer a 5 year/100,000 mile waranty on the drivetrain, will pay up to $500/month payments for 9 months if you lose your job or get laid off, free OnStar for a year, and a Vehicle Value Protection Plan:
Make your loan payments for at least half of the original term. After that, if you want to buy another GM vehicle, just compare your principal loan balance (not including interest or any refunds on other products/services that were part of your vehicle loan) to the NADA clean retail price for your vehicle. If you owe more than the vehicle is worth, Vehicle Value Protection will help make up the difference.
If you trade your vehicle in to the dealer and pay off the loan, you can recover the difference up to $5,000. If you sell your vehicle in a private sale and pay off the loan, you can recover the difference up to $2,500.
I think Saturn, Ford, and Chrysler have similar plans.
reefaholic33
Member
I was told if you buy a car from one of the auto-makers that is getting bailed out you will be able to write it off on your taxes. Have you guys heard of this? I am one of the crazy people buying from chevy, but I ordered a 2010 camaro so I think it's an exception.
bionicarm
Active Member
Originally Posted by reefaholic33
http:///forum/post/3015055
I was told if you buy a car from one of the auto-makers that is getting bailed out you will be able to write it off on your taxes. Have you guys heard of this? I am one of the crazy people buying from chevy, but I ordered a 2010 camaro so I think it's an exception.
I found this from a February 4th article:
The economic stimulus bill just got a whole lot more interesting for automakers and car buyers alike, as a proposal to make interest on auto loans deductible has been voted in. The proposal, which was championed by the National Automotive Dealer Association, was voted in by a bi-partisan 71-36 vote. If the $800 billion stimulus bill passes the Senate and this provision survives, car buyers will be able to write off auto loan interest on their taxes, saving about $1,500 on a $25,000 car purchase. The new legislation will mark the first time since 1986 that car buyers will be able to write off their car loan interest. It's likely that automakers will shy away from 0% financing in the future and offer more cash rebates for slow-selling models (read, all models) so customers can maximize their savings.
Don't recall whether this was part of one of the approved stimulus packages or not. If so, I imagine the tax programs next year will make this deduction available when you go through the interview process while filling out your taxes.
This was from a March 30th article:
The IRS announced today that taxpayers who buy new passenger cars between Feb. 16, 2009 and Jan. 10, 2010 will be able to deduct their state and local sales and excise taxes on their 2009 returns. The deduction is limited to the state and local sales and excise taxes paid on up to $49,500 of the purchase price of a qualified new car, light truck, motor home or motorcycle. The deduction phases out for individuals with modified adjusted gross income is between $125,000 and $135,000, and joint filers with MAGI between $250,000 and $260,000.
http:///forum/post/3015055
I was told if you buy a car from one of the auto-makers that is getting bailed out you will be able to write it off on your taxes. Have you guys heard of this? I am one of the crazy people buying from chevy, but I ordered a 2010 camaro so I think it's an exception.
I found this from a February 4th article:
The economic stimulus bill just got a whole lot more interesting for automakers and car buyers alike, as a proposal to make interest on auto loans deductible has been voted in. The proposal, which was championed by the National Automotive Dealer Association, was voted in by a bi-partisan 71-36 vote. If the $800 billion stimulus bill passes the Senate and this provision survives, car buyers will be able to write off auto loan interest on their taxes, saving about $1,500 on a $25,000 car purchase. The new legislation will mark the first time since 1986 that car buyers will be able to write off their car loan interest. It's likely that automakers will shy away from 0% financing in the future and offer more cash rebates for slow-selling models (read, all models) so customers can maximize their savings.
Don't recall whether this was part of one of the approved stimulus packages or not. If so, I imagine the tax programs next year will make this deduction available when you go through the interview process while filling out your taxes.
This was from a March 30th article:
The IRS announced today that taxpayers who buy new passenger cars between Feb. 16, 2009 and Jan. 10, 2010 will be able to deduct their state and local sales and excise taxes on their 2009 returns. The deduction is limited to the state and local sales and excise taxes paid on up to $49,500 of the purchase price of a qualified new car, light truck, motor home or motorcycle. The deduction phases out for individuals with modified adjusted gross income is between $125,000 and $135,000, and joint filers with MAGI between $250,000 and $260,000.
kjr_trig
Active Member
Originally Posted by bionicarm
http:///forum/post/3014985
Whatever it takes to sell cars. People are staying away from the Big 3 vehicles because if they go out of business, whose gonna fix the car when it breaks?
And here I thought it was because other companies were making better cars, and cars that people want
.....JK, I'm sure that fear keeps a lot of people away. They actually have a few cars I like with the G8 at the top of the list, but GM is dumpster fire of a company, I went away from them.
http:///forum/post/3014985
Whatever it takes to sell cars. People are staying away from the Big 3 vehicles because if they go out of business, whose gonna fix the car when it breaks?
And here I thought it was because other companies were making better cars, and cars that people want
pbnj
Member
I feel sorry for the US autoworkers. Our labor force is second to none; they're not the problem.
The problem with these cars is the cheap and poorly-designed parts they're made of. How the hell does a transmission completely fail after only 70,000 miles? Why do these cars make you feel like you're sitting inside an Igloo cooler with all their cheap plastic?
I know three mechanics and all of them say GM cars are their bread & butter.
The problem with these cars is the cheap and poorly-designed parts they're made of. How the hell does a transmission completely fail after only 70,000 miles? Why do these cars make you feel like you're sitting inside an Igloo cooler with all their cheap plastic?
I know three mechanics and all of them say GM cars are their bread & butter.
aquaknight
Active Member
I can't believe I'm about to say this about a company that at one point, 49% of the cars on the road were GM and for a time was the world's largest entity, but now, at least I don't feel like a mindless sleep driving my GM.
Originally Posted by pbnj
http:///forum/post/3016064
The problem with these cars is the cheap and poorly-designed parts they're made of. How the hell does a transmission completely fail after only 70,000 miles? Why do these cars make you feel like you're sitting inside an Igloo cooler with all their cheap plastic?
I know three mechanics and all of them say GM cars are their bread & butter.
Interesting. Perhaps you explain why multiple 2007 Toyota Tundra camshafts snapped @ between 5,000 and 25,000 miles? Enough to warrant a recall? Or why the Japanese purposely design their cars to be the ugliest thing on the road?
Originally Posted by pbnj
http:///forum/post/3016064
The problem with these cars is the cheap and poorly-designed parts they're made of. How the hell does a transmission completely fail after only 70,000 miles? Why do these cars make you feel like you're sitting inside an Igloo cooler with all their cheap plastic?
I know three mechanics and all of them say GM cars are their bread & butter.
Interesting. Perhaps you explain why multiple 2007 Toyota Tundra camshafts snapped @ between 5,000 and 25,000 miles? Enough to warrant a recall? Or why the Japanese purposely design their cars to be the ugliest thing on the road?
bionicarm
Active Member
Originally Posted by kjr_trig
http:///forum/post/3015196
And here I thought it was because other companies were making better cars, and cars that people want
.....JK, I'm sure that fear keeps a lot of people away. They actually have a few cars I like with the G8 at the top of the list, but GM is dumpster fire of a company, I went away from them.
I'll agree with you that GM's quality has gone down the tube the last decade or so. The main problem with the Big 3's line of vehicles are they stayed dependent on one or two models to keep them afloat. Ford is all about the F-150, Expedition, and Explorer. GM is basically the Silverado pickup and the Vette for the high-end customer. Chrysler has their Dodge Ram lineup. Other than that, they tried making bucks on the retro cars - Mustang, Camaro, Challenger, Charger. It works, but it's not enough to keep a company a big as these viable for long. I'd hate to see these historic companies fail. They are all American icons, and what made this country strong in its day.
http:///forum/post/3015196
And here I thought it was because other companies were making better cars, and cars that people want
I'll agree with you that GM's quality has gone down the tube the last decade or so. The main problem with the Big 3's line of vehicles are they stayed dependent on one or two models to keep them afloat. Ford is all about the F-150, Expedition, and Explorer. GM is basically the Silverado pickup and the Vette for the high-end customer. Chrysler has their Dodge Ram lineup. Other than that, they tried making bucks on the retro cars - Mustang, Camaro, Challenger, Charger. It works, but it's not enough to keep a company a big as these viable for long. I'd hate to see these historic companies fail. They are all American icons, and what made this country strong in its day.
aquaknight
Active Member
Originally Posted by bionicarm
http:///forum/post/3016207
I'll agree with you that GM's quality has gone down the tube the last decade or so. The main problem with the Big 3's line of vehicles are they stayed dependent on one or two models to keep them afloat. Ford is all about the F-150, Expedition, and Explorer. GM is basically the Silverado pickup and the Vette for the high-end customer. Chrysler has their Dodge Ram lineup. Other than that, they tried making bucks on the retro cars - Mustang, Camaro, Challenger, Charger. It works, but it's not enough to keep a company a big as these viable for long. I'd hate to see these historic companies fail. They are all American icons, and what made this country strong in its day.
Couple things to rebuttal. Your timeframe is a bit off. More like two decades ago it started. In the 80's and into the mid-90's the quality of American products simply were not there, I'd say it's unfair to guess if GM 'knew' their products couldn't match up, but I feel they did have a sense that "there's no way we can lose our customer base." However into the turn of the millenium, GM had several quality products. Oldsmobile had perhaps the most solid lineup, Saturn has a couple good niche vehicles, the Corvette was sports royality, the Trailblazer/Envoy/Bravada triplets were among the best midsize SUV, and GM full-size is legendary.
Everyone likes to fault GM and Ford for investing too much in their big trucks. I can't see how it was possible that they couldn't invest. The F-150 was the most popular vehicle sold in the WORLD, not just the US, but the World. And if you combine the sales of the near identical Silverado and GMC Sierra they actually outsold the Ford. And when it comes to a lux SUV they don't come better then the Escalade, esp. the new 2007+ models.
However, IMO why GM is still barely in business wasn't the Silverado or Corvette, but two things, their absolute annihilation of the domestic Chinese market, GM has/had something crazy like a 15% new-car-sales market share in China. The other thing has been their double edged sword, fleet sales. If you've rented a car, chances are it's either a Cobalt, Malibu, or Impala. GM sells the cars at a discount and makes less money then from consumers, but the fleet numbers help. Though this tends to make GM wary to update the models. However hopefully this has changed and GM has rolled out a very solid family sedan in the new Malibu, and will debut a class leading econo-box, when the 2011 Chevrolet Cruze finally gets here.
bionicarm
Active Member
Originally Posted by AquaKnight
http:///forum/post/3016565
Couple things to rebuttal. Your timeframe is a bit off. More like two decades ago it started. In the 80's and into the mid-90's the quality of American products simply were not there, I'd say it's unfair to guess if GM 'knew' their products couldn't match up, but I feel they did have a sense that "there's no way we can lose our customer base." However into the turn of the millenium, GM had several quality products. Oldsmobile had perhaps the most solid lineup, Saturn has a couple good niche vehicles, the Corvette was sports royality, the Trailblazer/Envoy/Bravada triplets were among the best midsize SUV, and GM full-size is legendary.
Everyone likes to fault GM and Ford for investing too much in their big trucks. I can't see how it was possible that they couldn't invest. The F-150 was the most popular vehicle sold in the WORLD, not just the US, but the World. And if you combine the sales of the near identical Silverado and GMC Sierra they actually outsold the Ford. And when it comes to a lux SUV they don't come better then the Escalade, esp. the new 2007+ models.
However, IMO why GM is still barely in business wasn't the Silverado or Corvette, but two things, their absolute annihilation of the domestic Chinese market, GM has/had something crazy like a 15% new-car-sales market share in China. The other thing has been their double edged sword, fleet sales. If you've rented a car, chances are it's either a Cobalt, Malibu, or Impala. GM sells the cars at a discount and makes less money then from consumers, but the fleet numbers help. Though this tends to make GM wary to update the models. However hopefully this has changed and GM has rolled out a very solid family sedan in the new Malibu, and will debut a class leading econo-box, when the 2011 Chevrolet Cruze finally gets here.
Sounds like you have your hands in the automotive industry. I'd agree 100% with everything you said. I personally have always purchased American. I currently own a Crysler Pacifica, due to the size and features that I preferred over the import crossovers. My wife wanted a convertible, so we purchased a Pontiac G6 hardtop convertible that I'd take over a BMW or Mercedes anyday (considering it also costs a third of those two vehicles). My daughter drives my wife's old Mercury Villager minivan (90,000 miles and still runs like a top). The only import I have is an old Mazda B2600 pickup that I use to haul stuff with. I actually don't even consider that an import since it was essentially built on the same assembly line as the Ford Ranger.
reefraff
Active Member
Originally Posted by bionicarm
http:///forum/post/3016207
I'll agree with you that GM's quality has gone down the tube the last decade or so. The main problem with the Big 3's line of vehicles are they stayed dependent on one or two models to keep them afloat. Ford is all about the F-150, Expedition, and Explorer. GM is basically the Silverado pickup and the Vette for the high-end customer. Chrysler has their Dodge Ram lineup. Other than that, they tried making bucks on the retro cars - Mustang, Camaro, Challenger, Charger. It works, but it's not enough to keep a company a big as these viable for long. I'd hate to see these historic companies fail. They are all American icons, and what made this country strong in its day.
I am a Ford guy for the last 29 years or so. The wife wanted a Jeep Liberty and other than the crap gas mileage it wasn't bad. When it came time to get rid of that (We did so right before gas prices spiked thank God) We got a Saturn Aura. We've had the thing for nearly 2 years and it has been great so far. Not sure if it is a exception or if GM has turned their quality control around but i wouldn't hesitate to recommend Saturn based on my experience.
http:///forum/post/3016207
I'll agree with you that GM's quality has gone down the tube the last decade or so. The main problem with the Big 3's line of vehicles are they stayed dependent on one or two models to keep them afloat. Ford is all about the F-150, Expedition, and Explorer. GM is basically the Silverado pickup and the Vette for the high-end customer. Chrysler has their Dodge Ram lineup. Other than that, they tried making bucks on the retro cars - Mustang, Camaro, Challenger, Charger. It works, but it's not enough to keep a company a big as these viable for long. I'd hate to see these historic companies fail. They are all American icons, and what made this country strong in its day.
I am a Ford guy for the last 29 years or so. The wife wanted a Jeep Liberty and other than the crap gas mileage it wasn't bad. When it came time to get rid of that (We did so right before gas prices spiked thank God) We got a Saturn Aura. We've had the thing for nearly 2 years and it has been great so far. Not sure if it is a exception or if GM has turned their quality control around but i wouldn't hesitate to recommend Saturn based on my experience.
yummysalt
Member
Originally Posted by AquaKnight
http:///forum/post/3016072
I can't believe I'm about to say this about a company that at one point, 49% of the cars on the road were GM and for a time was the world's largest entity, but now, at least I don't feel like a mindless sleep driving my GM.
Interesting. Perhaps you explain why multiple 2007 Toyota Tundra camshafts snapped @ between 5,000 and 25,000 miles? Enough to warrant a recall? Or why the Japanese purposely design their cars to be the ugliest thing on the road?
LOL....You are funny.
http:///forum/post/3016072
I can't believe I'm about to say this about a company that at one point, 49% of the cars on the road were GM and for a time was the world's largest entity, but now, at least I don't feel like a mindless sleep driving my GM.
Interesting. Perhaps you explain why multiple 2007 Toyota Tundra camshafts snapped @ between 5,000 and 25,000 miles? Enough to warrant a recall? Or why the Japanese purposely design their cars to be the ugliest thing on the road?
LOL....You are funny.
pbnj
Member
Enjoy your GMs.
I'll just keep driving my 2002 Lexus that hasn't given me a single problem during the 90k miles I've driven it. Looks pretty nice too.
Wish I could say the same about my wife's Jeep Grand Cherokee Laredo. Bought a used one with 50k miles for $12k and spent over $10k in repairs in 3 years. BTW, it's been replaced with a Toyota Sienna.
I'll just keep driving my 2002 Lexus that hasn't given me a single problem during the 90k miles I've driven it. Looks pretty nice too.
Wish I could say the same about my wife's Jeep Grand Cherokee Laredo. Bought a used one with 50k miles for $12k and spent over $10k in repairs in 3 years. BTW, it's been replaced with a Toyota Sienna.
ironeagle2006
Active Member
I will keep my 2004 Chevy Venture bought it Used with 50K on it now has 104 on it in 3 years. Only things done to it is routine maintance and a set of tires and a tune up at 100K needs a trans fluid change maybe next month get that done. Replaced the last van an 03 Chevy Venture with this one. It had 140K on the clock and noticed the motor was getting soft. Well considering 2 burned pistons and and a cracked ring I wonder why yet the dang thing still got 26 on the highway. My BIL has a 99 Venture with 200K on it and has never had a problem with it and he bought it new he is finally going to replace it next year does not know with what yet is thinking about a 4 door truck but might get a Dodge Minivan since when we go an see him we like to all ride in one car.