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Old 09-10-2009, 10:11 PM   #1
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GM Offers Refund to Car Buyers

To those that aren't happy with their CAMARO GM has decided to take your car and sell it to someone else....If you so desire....Well first you can give it back with the following in mind....SORRY...Unfortunately it looks likesome other Camaro wananbes will be looking out for your ride in the parking lot....Aren't they lucky no wait time...So here it is:

"GM will allow customers who purchase a new vehicle starting next Monday through Nov. 30 to return it, no questions asked, for a full refund within 31 to 60 days from the date of purchase. The vehicles must not have more than 4,000 miles on them and the drivers must be current on their payments. Cars will also be under GM's 100,000-mile five-year powertrain warranty.

The offer applies to brands such as Chevrolet, GMAC, Buick and Cadillac. The Pontiac brand, which GM is phasing out, is not eligible. Leased vehicles are also ineligible
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1100, Preliminary order accepted 7/03/09
2000, Order accepted by GM 08/25/09
3000, Order accepted by production control--9/21/09
3100, Order available to sequence 9/21
3300, Order scheduled for production9/21/09
3400, Order broadcast-- 09/21/2009 tpw 9/21/09

3800, Order produced
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Old 09-10-2009, 10:27 PM   #2
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For a full refund. Wow. Do you have an references that you could share with us?
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Old 09-10-2009, 10:37 PM   #3
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This is the Associated Press version. There's also the USA Today version. The Kansas City Star also reported on this announcement.
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Old 09-10-2009, 10:47 PM   #4
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so i could go buy one tomorrow, pay a month on it, return it a month later & everything will be cool?
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Old 09-10-2009, 10:49 PM   #5
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yes but you'd have to buy another manufactures car to replace yours with
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Old 09-11-2009, 08:39 AM   #6
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yes but you'd have to buy another manufactures car to replace yours with


so if you took the camar back, youd have to buy a ford, or ay other brand thats not GM?
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Old 09-11-2009, 08:41 AM   #7
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no a non GM brand. so you wold have to buy the other car then return your GM vehicle with proof of purchase of that other vehicle.
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Old 09-11-2009, 08:43 AM   #8
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yes but you'd have to buy another manufactures car to replace yours with

Don't sound right. Why would you buy another car before you really know that GM will take the car back.

Knowing my luck, i would bring it back with 4000.1 miles on it
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Old 09-11-2009, 09:02 AM   #9
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If they give A "FULL REFUND", than why do you have to be current on your payments?? WHat about your deposit?
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Old 09-11-2009, 09:11 AM   #10
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Don't sound right. Why would you buy another car before you really know that GM will take the car back.

Knowing my luck, i would bring it back with 4000.1 miles on it
No if you read the fine print, again. The car must be between day 31 and 59 of the 60 days have less than 4,000 miles on it and payments must be current. To return the car you must purchase another car from a competitor show proof of purchase and your sale will be completely refunded.

Am I the only one who reads the small print?
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Old 09-11-2009, 10:00 AM   #11
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Wow, it's like renting a car for two months for free!

I wonder if you can return the car just for spite? (Seinfeld reference)

Seriously, there will be all kinds of complications with this.

Car is already titled to customer. Who gets the car back (dealer or manufacturer)? Who takes the hit on depreciation (dealer or manufacturer)? Commissions charged back to salespeople and managers? WOW!
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Old 09-11-2009, 10:15 AM   #12
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No if you read the fine print, again. The car must be between day 31 and 59 of the 60 days have less than 4,000 miles on it and payments must be current. To return the car you must purchase another car from a competitor show proof of purchase and your sale will be completely refunded.

Am I the only one who reads the small print?
Where is this fine print and details of the program?
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Old 09-11-2009, 11:26 AM   #13
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Sounds to me like you would be a lot better off just selling it on ebay and then you could earn the markup that the dealer would try to get out of somebody else after you returned your car.
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Old 09-11-2009, 11:48 AM   #14
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So let me get this right. I buy a new car for $30,000 and I can return it to the dealer and get $30,000 back. How on earth could I sell it for more on e-bay as a used car with 4.000 miles on it?

And I'm still looking for the fine print?
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Old 09-11-2009, 11:48 AM   #15
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The warranty starts when the car is originally delivered. Now who gets screwed with the warranty? Does the warranty start over for the new buyer??

WTF?? New GM?
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Old 09-11-2009, 11:53 AM   #16
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The warranty starts when the car is originally delivered. Now who gets screwed with the warranty? Does the warranty start over for the new buyer??

WTF?? New GM?
If they return it, GM would take the depreciation hit. It's a risk they are willing to take for the sake of getting people into dealerships. The car then becomes a 2-month old used vehicle with 4000 miles on it, and a full 5-year, 100,000 mile warranty. (okay, so 4.9 year, 96,0000 mile warranty)
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Old 09-11-2009, 11:56 AM   #17
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With all the unscrupulous dealers out there, they would still probably try to sell it at full msrp or higher to some unsuspecting sucker.
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Old 09-11-2009, 11:57 AM   #18
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...Am I the only one who reads the small print?
I don't need to read the small print because there's nice people like you to explain it to me.
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Old 09-11-2009, 11:58 AM   #19
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So let me get this right. I buy a new car for $30,000 and I can return it to the dealer and get $30,000 back. How on earth could I sell it for more on e-bay as a used car with 4.000 miles on it?

And I'm still looking for the fine print?
From what I heard GM took out an insurance policy in case they lose too much on this.
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Old 09-11-2009, 12:02 PM   #20
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This just in:

Q: What are the details of the satisifaction guarantee? Will the program be complicated?
A: Heres' a summary of the satisfaction guarantee:
· Covers 2009 and 2010 Model Year Chevys, Buicks, GMCs and Cadillacs (except medium duty trucks)
· Return a vehicle with less than 4000 miles between 31 and 60 days
· Customers will be informed in writing before they buy the vehicle of the terms of the Satisfaction Guarantee
· The Satisfaction Guarantee covers the vehicle purchase price and sales tax, but not other add-ons like accessories, negative equity on a trade-in or other fees; other restrictions apply
· Leased vehicles are not included
· Yes, this program is available to GM employees who purchase a vehicles using the employee discount


More to follow on the late, local news!
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Old 09-11-2009, 12:26 PM   #21
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So I guess there is no fine print about having to buy a non GM car to get my money back after all hmmmm. Thanks for the clarification RPO_Z28
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Old 09-11-2009, 04:05 PM   #22
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So I guess there is no fine print about having to buy a non GM car to get my money back after all hmmmm. Thanks for the clarification RPO_Z28

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Old 09-12-2009, 10:17 AM   #23
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You do not have to buy a competitive vehicle to qualify.

There are restrictions because it's guaranteed by an insurance company.

As long as you don't damage it, abuse it or go over the miles, looks like you can return it, even for spite.
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Old 09-12-2009, 11:37 AM   #24
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Wow, talk about incentive.
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Old 10-08-2009, 01:10 PM   #25
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What about the $500 rebate? If someone signs the rebate offer, waiving the 60 day return offer, then they can no longer return the vehicle?
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