Posts Tagged ‘general motors’

Saturn Cars Selling at Deep Discounts as GM Discontinues Brand

Saturn cars on sale

People shopping around for cars and auto loans should take notice: You might have an opportunity to get a brand new Saturn car for a used-car price. The same thing goes for Pontiacs.

General Motors is discontinuing both brands, so Pontiac and Saturn cars are basically going into fire sale mode now. I am still trying to understand exactly how this sale works, so perhaps someone out there who is more business savvy could leave a comment to fill in the missing information.

Incentives plus price slashing

First of all, GM says it will pay dealers “$ 7,000 for every new Saturn or Pontiac on their lot that is moved to rental-vehicle or service-vehicle fleets operated by the dealers,” says the Wall Street Journal. Essentially GM is paying dealers to take ownership of these cars. So that’s weird and backward. Right?

Then, dealers must label these cars as “used” because technically the dealers are the first owner, not the customer. Obviously, most of them won’t be used, and they’ll have either zero or test drive mileage on the odometer.

A little help?

What’s missing here? This strategy really makes no sense to me. Why doesn’t GM simply give a bonus for Pontiacs or Saturns sold? Why not just slash prices instead of going through the process of justifying and slapping a “used” label on there?

I’m still waiting for this to click. The brands have gotten the big ugly axe, so obviously there isn’t much, if any, value left in either Saturn or Pontiac brands. I don’t know what to say. Let me know what you think.

The bottom line

Anyway, regardless of exactly what GM and its dealers are doing and why they are doing it, you could be able to buy Pontiac and Saturn cars for super cheap, so if you’re thinking about getting a new car sometime soon, you might want to set your plan in motion sooner rather than later.

Buick changes their ways

The Buick Motor Division of the General Motors Establishment is in transition, much like the rest of the venerable auto company. Old models have been canceled, new models added, and this line up is radically different from just 3 years earlier. Now down to 5 models, the leftover cars in the Buick line up are all winners. We’ll take a look at each model and what they have to supply to you, the consumer.

Lucerne – Buick’s Roadmaster and LeSabre are both gone, but the full-size Lucerne have taken their place. Featuring V8 power and lush appointments like warmed seats, liquid heated windshield fluid, and leather appointments, the enormous Lucerne is predicated on the Cadillac DTS, but the car sells for more than its up market Caddy cousin.

Lacrosse – This 5 seat sedan is sleek, aerodynamic, and quiet. With beginning prices in the low twenty thousand dollar range, the car competes against the Toyota Camry and Honda Accord.

Rainier – The larger of 2 Buick SUVs, the Rainier comes standard with a 275hp I6, Stabitrak suspension/steering system, 8 way driver powered seats, leather seating, and more.

Rendezvous – As Buick’s first SUV, the Rendezvous has succeeded where its Pontiac cousin, the Aztek, failed. Available in 2 or 4 wheel drive, the Rendezvous features seating for 5 [with available seating for seven], four wheel disc brakes, and a large number of asked for outdoorsmen desired accessories.

Terraza – Is it a minivan or is it an SUV? The Terraza is a part of a family of GM crossover vehicles introduced in the 2005 model year. This seven passenger automobile comes equipped with a 3.5L I6 engine and is available in either front wheel drive or all wheel drive. As GM considers losing its aging and disliked line of minivans, the Terraza and its cousins will possibly step in and fill the hole.

General Motors has been fairly silent regarding the way forward for the Buick division. Some have been worried by the steady depletion of models while others are seeing Buick make a clean break from its past that has included many uninspiring models like the Century and the Roadmaster.

In spite of everything, the Buick Enclave, featured at the latterly finished Detroit automobile Show received rave reviews. The Sanctuary is yet one more crossover automobile and it should hit Buick showrooms by 2008.

Clearly, Buick could use a better variety of autos to ensure its long term success. Perhaps the kind of success the division had when the Regal was part of the fold would reinstate the division to its past glory, if a vehicle matching the Regal’s caliber was developed.

Do you know which cars are super fast and are among the fastest cars in the world? Visit thesupercars.org to view all the fast and exotic cars. Also take a look at Buick Lucerne for sale.

General Motors goes bankrupt -but what does this mean for us?

General Motors, one of the world’s largest carmaking companies, has filed for bankruptcy protection in America. For as long as cars have been around, General Motors (GM) has been one of the three largest producers of cars in America as well as one of the world’s biggest car companies. Now the car industry is on its knees, and of the three biggest car manufacturers in America two have now been forced to seek protection from their creditors by declaring themsleves bankrupt. But what difference will all this make to us?

Well, for car buyers in the UK, the answer is probably not a lot. If you have a car that was made by GM, you don’t need to worry about the possibility that you might not be able to get parts for it in the future, as the company is still in business and hasn’t ceased trading. With the financial protection of the US government, they predict the company will be reconstructed in as little as three months. In addition GM Europe, which consists of the British brand Vauxhall and the German Opel, has already been sold off to a Canadian company who have agreed to do everything in their power to save the 5,500 UK jobs that could be at risk.

For consumers looking to purchase a new car in times like these, it could well be that leasing or contract hire could be a better option than buying outright, as it gives you more freedom of choice and wouldn’t leave you in the lurch later if the manufacturer did go out of business. Certainly if you are worried about buying a car by one of the main manufacturers tied to one of the companies that is at risk such as Vauxhall or Ford, car leasing could put your mind at ease.

Whether you’re looking for a handy little car about town or a fancy new BMW, car leasing gives you a wider choice of vehicles including those that may otherwise have been out of your price range for buying outright. Your agreement takes into account your projected mileage and wear and tear, so your car won’t decrease its financial value over the course of the contract and at the end of your contract you can simply trade it in for the upgrade of your choice. While the car industry is struggling to stay afloat, leasing could be the most effective method to ensure that any future disasters don’t affect you too much!

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