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Old 04-01-2009, 08:10 AM   #115
Tal
 
Drives: Old
Join Date: Sep 2008
Location: OK
Posts: 726
Quote:
Originally Posted by CommandoSS View Post
Minor gimik? Hardly...this erases any reason why someone WOULDN'T buy a GM due to company stability issues. Now saying "I won't buy a GM because they won't warranty my car if they go under" is no longer valid because the US Govt. is now backing those warranties.
It says fully backed warranty but nothing about who or what is backing it beyond GM, which makes it rather meaningless. I've seen some stuff in the news about the government possibly backing warranties to keep people from being scared off by bankruptcy talk etc, but the anouncement in question doesn't talk about that, nor does www.gmconfidence.com unless it's hidden away somewhere.

Quote:
Originally Posted by CommandoSS View Post
I also saw in the new commercial advertising this program that GM will now guarantee trade-in value if you choose to trade in your car sometime in the future.
No big deal just an owner loyalty discount for those that like to get new cars.
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