Hmm, something GM might want to consider

Homeslice · 01-05-2009, 03:18 PM

Sounds like a good idea, because in this economy people are more concerned about "what if I lose my job" rather than "can I cut $1-2K off the price"

http://money.cnn.com/2009/01/05/auto...ion=2009010513

fasternyou929 · 01-05-2009, 03:36 PM

That's some interesting marketing. Almost enough to make you feel like they're actually looking out for you.

There are some concerning loopholes though, with them using trade-in value +$XX to determine how much of your loan they will pay off. They've definitely left themselves some leeway in there.

Sixxxxer · 01-06-2009, 02:01 AM

I saw Commercials for that shit last night...But there is ALWAYS A CATCH

101lifts2 · 01-08-2009, 02:31 AM

Its a simple Gap coverage insurance plan which costs almost next to nothing. Ehhh...

01-05-2009, 03:18 PM	#1
Homeslice Elitist Join Date: Nov 2008 Location: SF Bay Area Moto: Gix 750 Posts: 11,351	Hmm, something GM might want to consider Sounds like a good idea, because in this economy people are more concerned about "what if I lose my job" rather than "can I cut $1-2K off the price" http://money.cnn.com/2009/01/05/auto...ion=2009010513

01-06-2009, 02:01 AM	#3
Sixxxxer Like Gixxxxer But Not Join Date: Jul 2008 Location: Dirty Jersey Moto: 2008 ZX6R Posts: 4,891	I saw Commercials for that shit last night...But there is ALWAYS A CATCH __________________ [FRSH] Candy Plasma Blue

01-08-2009, 02:31 AM	#4
101lifts2 WSB Champion Join Date: Nov 2008 Location: Anaheim, CA Moto: 2009 Kawi ZX6R Posts: 5,570	Its a simple Gap coverage insurance plan which costs almost next to nothing. Ehhh... __________________ Train Hard Ron Paul - 2012 Mark of Excellence GM

01-05-2009, 03:36 PM	#2
fasternyou929 SFL Expatriate #2 Join Date: Nov 2008 Location: Raleigh, NC Moto: CBR1000 Posts: 2,043	That's some interesting marketing. Almost enough to make you feel like they're actually looking out for you. There are some concerning loopholes though, with them using trade-in value +$XX to determine how much of your loan they will pay off. They've definitely left themselves some leeway in there.