New GM warranty - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

Ltdodge · 06-02-2009, 07:25 AM

Now that there is a new GM, will they still have all the things they were offering when you buy a GM like the 5 year powertrain warranty, depreciation protection and pay your car payments if you lose your job.

Stevo · 06-02-2009, 08:04 AM

http://news.yahoo.com/s/mcclatchy/20...latchy/3243798

WASHINGTON — General Motors' bankruptcy filing Monday raises a number of questions for consumers. Here are some answers.

Q: Will I be under warranty if I buy a GM car during bankruptcy?

A: Yes. The company will continue to honor its warranties, and the federal government promises to backstop GM warranties on all purchases during the bankruptcy period. President Barack Obama urged Americans Monday to consider buying a GM vehicle, noting that warranties "will be safe and government-backed."

2010SSRS · 06-02-2009, 09:08 AM

Fritz was on the Early Show this morning stating "We're open for business" and that GM itself got permission from the bankruptcy judge to honor and uphold ALL GM product warranties..............

i think that if you are in the market for a new car, GM dealers will be making some deals due to the consumer sediment and the 30% depreciation rumor.

i'm gonna look into a new truck, mines 6 months old! may be i can finally afford that GMC Sierra Denali.......

2010SSRS · 06-02-2009, 10:46 AM

Quote:

Originally Posted by 2010SSRS

Fritz was on the Early Show this morning stating "We're open for business" and that GM itself got permission from the bankruptcy judge to honor and uphold ALL GM product warranties..............

i think that if you are in the market for a new car, GM dealers will be making some deals due to the consumer sediment and the 30% depreciation rumor.

i'm gonna look into a new truck, mines 6 months old! may be i can finally afford that GMC Sierra Denali.......

hey fellas.........look

it's all good! and i for one would have complete confidence in the government backing warranties IF it ever came to that.

god bless GM and the USA!

Ltdodge · 06-02-2009, 11:30 AM

i dont mean the original car warranty, but the total confidence package warranty that was offered by GM last month (inlcudes 5 years powertrain, payment if you lose your job and buy back for car depretiation if you sell)

rolnslo · 06-02-2009, 12:27 PM

Quote:

Originally Posted by Ltdodge

i dont mean the original car warranty, but the total confidence package warranty that was offered by GM last month (inlcudes 5 years powertrain, payment if you lose your job and buy back for car depretiation if you sell)

That promotion is over. http://www.gm.com/total-confidence/?...vanity_chevy_c

It was intended to keep buyers coming into the showroom until GM either entered bankruptcy or (through some miracle) managed to re-organize itself in 60 days and keep itself out of bankruptcy.

Either way, that program is done. Maybe we'll see something similar come back out once they exist bankruptcy but don't count on it.

CamaroFan1 · 06-02-2009, 01:15 PM

That's interesting that the total confidence program is over and wasn't extended. You would think that they would have even more reason to offer it during bankrupcy.

At this point, when you buy a car, can GM provide written proof that the government (or an assigned third party) has legally underwritten the warranty?

Inspector 17 · 06-02-2009, 03:56 PM

patriotpa · 06-02-2009, 04:14 PM

I'm not worried. I've NEVER needed to use the warranty on ANY GM!

06-02-2009, 07:25 AM	#1
Ltdodge Drives: 2008 Z06 Join Date: Apr 2009 Location: Oviedo, Florida Posts: 891	New GM warranty Now that there is a new GM, will they still have all the things they were offering when you buy a GM like the 5 year powertrain warranty, depreciation protection and pay your car payments if you lose your job. __________________

06-02-2009, 09:08 AM	#3
2010SSRS Drives: 2000 Silverado Join Date: Apr 2009 Location: Southern WI Posts: 1,241	Fritz was on the Early Show this morning stating "We're open for business" and that GM itself got permission from the bankruptcy judge to honor and uphold ALL GM product warranties.............. i think that if you are in the market for a new car, GM dealers will be making some deals due to the consumer sediment and the 30% depreciation rumor. i'm gonna look into a new truck, mines 6 months old! may be i can finally afford that GMC Sierra Denali....... __________________ IOM 2SSRS LS3 R6P - VIN 7553 Delivered 5/22/2009 Kooks, Corsa and Roto-Fab - SOLD 9/2010 VR 2SSRS LS3 - Borla, SLP CAI

06-02-2009, 11:30 AM	#5
Ltdodge Drives: 2008 Z06 Join Date: Apr 2009 Location: Oviedo, Florida Posts: 891	i dont mean the original car warranty, but the total confidence package warranty that was offered by GM last month (inlcudes 5 years powertrain, payment if you lose your job and buy back for car depretiation if you sell) __________________

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06-02-2009, 08:04 AM	#2
Stevo Drives: Camaro 2010 SIM Join Date: Nov 2008 Location: Louisiana Posts: 348	http://news.yahoo.com/s/mcclatchy/20...latchy/3243798 WASHINGTON — General Motors' bankruptcy filing Monday raises a number of questions for consumers. Here are some answers. Q: Will I be under warranty if I buy a GM car during bankruptcy? A: Yes. The company will continue to honor its warranties, and the federal government promises to backstop GM warranties on all purchases during the bankruptcy period. President Barack Obama urged Americans Monday to consider buying a GM vehicle, noting that warranties "will be safe and government-backed."

06-02-2009, 01:15 PM	#7
CamaroFan1 Drives: Camaro Join Date: Oct 2008 Location: SoCal Posts: 114	That's interesting that the total confidence program is over and wasn't extended. You would think that they would have even more reason to offer it during bankrupcy. At this point, when you buy a car, can GM provide written proof that the government (or an assigned third party) has legally underwritten the warranty?

06-02-2009, 03:56 PM	#8
Inspector 17 I love crepes Drives: 2017 ZL1 NGM A10 Join Date: Oct 2008 Location: Maryland Posts: 4,955 View My Garage

06-02-2009, 04:14 PM	#9
patriotpa Account Suspended Drives: 02 Silverado, 09 Vue, 10 1SS Join Date: Aug 2008 Location: Tired of apologizing when we should be kickin' butt! Posts: 1,966 View My Garage	I'm not worried. I've NEVER needed to use the warranty on ANY GM!