GM card
May 30, 2002 | 11:56 am
#1
Original Poster
Join Date: Jan 2002
Location: atlanta, GA
Posts: 2,040
GM card
I am thinking about getting a GM card. I understand that with the old card, you could accumulate credits of up to $500 a year for a total of 7 years/$3500. With the new card, you can accumulate credits faster but the redemption allowances may be lower. I can't find the specifics of the redemption allowances anywhere--can anybody provide these? I am thinking of getting a light truck with an extended cab.
May 30, 2002 | 2:00 pm
#2
Join Date: Sep 1999
Location: St. Joseph, MO USA
Posts: 81
Check out
http://www.gmcard.com/
If it doesn't have specifics, it will have a phone number to call and ask.
I have the old card--a little over a year ago I had maxed out the 7 year/$500 a year limit at $3500, coupled that with a $2500 rebate and college grad GMAC bonus ($500) and bought a new 2001 Cavalier for $6,500--half off!
At 5% rebate, it's better than the airline mile cards (perhaps on par with the Starwood Card) if you plan on purchasing a new vehicle.
I think the max on a Cavalier now is $1500--not sure what it is on the trucks, perhaps a bit more.
http://www.gmcard.com/
If it doesn't have specifics, it will have a phone number to call and ask.
I have the old card--a little over a year ago I had maxed out the 7 year/$500 a year limit at $3500, coupled that with a $2500 rebate and college grad GMAC bonus ($500) and bought a new 2001 Cavalier for $6,500--half off!
At 5% rebate, it's better than the airline mile cards (perhaps on par with the Starwood Card) if you plan on purchasing a new vehicle.
I think the max on a Cavalier now is $1500--not sure what it is on the trucks, perhaps a bit more.
May 30, 2002 | 3:12 pm
#3
Join Date: Jul 2000
Posts: 866
The GM classic card is still a great deal. Especially if you're leasing, since the accumulated credit comes off the top. So for example, if the total payments for your 3-yr lease will be $10,000, and you pay it in full up front, you might get $1500 off. Make your best deal, then use your GM card points to knock another $1500 (or whatever) off.
I've done this with two different leases already, and next year will do it yet again
I've done this with two different leases already, and next year will do it yet again
Jun 2, 2002 | 6:23 pm
#4
Join Date: Jul 2000
Location: The Villages, Florida
Posts: 1,334
I just used $4500.00 this weekend off a La Sabre. Won't use it any more since I don't want to be forced into a GM car again and the accumulations have indeed changed. I got this in five years time. The old card had more than a $500.00 per year limit several years ago and also many bonuses. I used to get double dollars at Marriotts and a few other partners. This weekend offered $3500.00 in factory rebates in addition to the $4500.00 that I used........Pretty sweet deal!
Jun 5, 2002 | 7:29 am
#5
Join Date: Jul 2001
Location: Chicago, IL
Posts: 974
I still have the old GM card and come to think of it, my rebate dollars will start expiring this month because the last car I bought was in June 1997. It's for that reason (that I probably won't buy a new car for a while) that I switched to a miles/points card.
Jun 5, 2002 | 9:57 am
#6
Join Date: Jun 2001
Location: Concord, Mass., US
Posts: 461
To find the permitted redemption level for a given vehicle, try:
http://www.gmcard.com/generic/a_indexsitemap.html
Click on "Redemption Allowances" and select your vehicle.
[This message has been edited by dave99 (edited 06-05-2002).]
http://www.gmcard.com/generic/a_indexsitemap.html
Click on "Redemption Allowances" and select your vehicle.
[This message has been edited by dave99 (edited 06-05-2002).]