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GM expands cash incentives for large trucks and SUVs

06/09/2008, 7:33 PM

By Drew Johnson

With the truck and SUV markets still under heavy pressure from record-high gas prices, General Motors has announced that it will expand its cash incentives for its large trucks and SUVs. In a promotion that began June 7 and will run through the end of June, GM will be offering as much as $6,000 cash back on some of its thirstiest vehicles.

The new promotion will also include both of GM’s full-size hybrids — the Chevrolet Tahoe Hybrid and the GMC Yukon Hybrid. Owners of 1999 and newer GM vehicles will be eligible for $4,000 cash back on the nation’s only full-size hybrid vehicles.

“The whole thing’s a hybrid play,” GM spokesman John McDonald told Automotive News. “What we’re trying to do is raise the awareness level of these hybrids with our loyalty customers.”

Customers that choose gas-only versions of GM’s GMT900-based SUVs are eligible for as much as $6,000 cash back, in a combination customer cash, bonus cash and owner loyalty bonus cash.

Buyers of GM’s full-size trucks — the Chevrolet Silverado, Avalanche and GMC Yukon — will be eligible for up to $5,000 worth of incentives.

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06/09, 7:39 PM

posted by:

brassmonkey

Just got off of noname’s mom, thought I’d post. I was first here, but not with his mom…..

06/09, 8:05 PM

posted by:

NoNameDenton1

brassmonkey, that is stupid, try being mature and grow up. Anyways GM needs to move these off the lots so they can fill the lots with more cars, smart move, but doubt it will move many vehicles.

06/09, 8:39 PM

posted by:

F451

There are going to be, and remain, a lot of these asphalt-sitters’ gathering dust, and wasting the water to eventually clean them.

06/09, 8:46 PM

posted by:

NoNameDenton1

Even with the incentives, I do not think people will shell out money for the gas guzzlers.

06/09, 9:06 PM

posted by:

400horseSS

^ I will especially with 15k off a Sierra or a Silverado, and please people lose the “Gas guzzler” bull****.

06/09, 9:27 PM

posted by:

autonut

Hybrids are reasonably frugal. After all, they deliver 20/20 mpg in 4 wheel drive and you can pack 8 people and all their belongings. With incentive they do make sense, if you are willing to shell 40-45K. Then again you can buy Odyssey for 30K and spend 10K for 2000-2500 gallons of gas (40-50K miles).

06/09, 10:07 PM

posted by:

johnnycanuck

Patience kemosabe. Tonto pretty sure we ain’t seen nothin’ yet.

06/09, 10:19 PM

posted by:

kitko

What about – buy one (for half price), get one free? Until they start to give them away for free with 5K cash bonus on top of that, they will rot away wherever they’re parked.

06/09, 10:25 PM

posted by:

Impulsive

Tonto can bet all his net worth that this ain’t near over … guaranteed $170/barrel this year and $250 within three years. Gold breaks $1200 this year and $1700 with two and a half years. The U.S dollar hits at least .52 USDX within the same time frame. See ‘NoNameDufus’, this is worthy, quality posting that you can take to the bank … not your worthless opinion which is monkey chatter … it doesn’t take a genius to figure out posers won’t buy but those in need of work trucks or towing will scoop these up with such savings. But tell me again, “Dufus’ … you think the U.S economy is doing just fine? ****ing oaf.

‘brassmonkey’, be careful … you’re hurting the pussy’s feelings when you provide comedy at his expense.

06/10, 3:51 AM

posted by:

NoNameDenton1

400horseSS, I have no issues with trucks, in fact I own a truck, but I am not a fan of SUVs.

06/10, 8:19 AM

posted by:

Fletch

I think the latest GM full size SUV’s are the best on the market right now. Great deals to be had for those who need them.

06/10, 8:42 AM

posted by:

global_lightning

I can understand people buying these if they need to do some heavy duty jobs like regularly towing boats. But the days of people buying a full SUV as the primary family car are over. Demand goes down, price goes down.

06/10, 9:27 AM

posted by:

xyunya

Global, I would not worry about towing boats – boat sucks significantly more fuel (gas or diesel) then truck engine. I own sail boat and ALL motor boats in my marina have not seen water yet. Those guys were making fun of my speed 4-5 years ago when I first parked it there (it takes a day or two to get in sail boat where you can get in couple hours on twin screws) now they are forming lines who gonna go see the blue water with me when I am heading out.
Smaller one (towable ) a bit better and you can get gas on a gas station 15-20% less then on marina, but they are not gift from God: 5-8 gallons per hour (4-2 mpg).

Towing boats is out of question at this point.

06/10, 9:55 AM

posted by:

howsmydriving

I hated SUV’s from day one. I’m glad to see them get their come uppance.

06/10, 9:57 AM

posted by:

frylock350

@xyunya,
My fishing boat gets much better fuel efficiency than my Suburban does. Mercury outboards aren’t very thirsty. 10 gallons will last me over a month and that’s going fishing every weekend.

06/10, 10:18 AM

posted by:

xyunya

frylock350, I am talking blue water boats. They are between 25 and 70 feet and start with at least one big V8 and motor is not substitute for a rudder. Twin CATS will burn 10 gallons just to get out of no wake zone.
You can have fishing boat propelled by electric motor, but that was not subject of my post. BTW, even smallish 15 HP Mercury I/O (I looked at one when my Yanmar was coughing) burns about 2-3 gallong/hr. If it is hooked to my boat it will do 4-5 gph at best: weight and waves take its toll.

06/10, 10:44 AM

posted by:

livelyjay

I will say construction, landscaping, etc companies should be cheering at this news. General public however, probably couldn’t care less because of the cost of fuel.

06/10, 12:20 PM

posted by:

brassmonkey

I see the need for large SUVs for some people; lots of kids, boat, etc. I hate seeing these soccer moms yakking on the cell phone, holding their $4 latte, and reaching to the backseat to slap their kids, all while driving a 6000lb vehicle that handles and responds nothing like their Honda Accord they grew up on. They are dangerous on the road, and have poor skills at driving these hulks. Maybe the cash incentives could be used for driving instruction for these women.

And I haven’t seen noname post in a while. Hmmmmmm. Naptime?

06/10, 12:44 PM

posted by:

global_lightning

I got you all beat. My kayak takes two granola bars to get me around the Potomac river basin. It fits perfectly in my Civic with the seats down and the bow just out the trunk :o

06/10, 3:03 PM

posted by:

moto-racer13

What a worthless scheme to get people to buy these pointless overweight trucks. $6000 is nothing when the average owner will be spending half that much a month on gas, and will depreciate in value by another $3000 every month. Sounds like GM is in the scamming business.

06/11, 11:04 AM

posted by:

injunraiv

Hmmm, toyota is offering $3,000 off the Tundra right now, and $4,000 / 0% on the Sequoia. Neither of these get the fuel mileage of the Silverado/Tahoe, and neither offers the warranty. Who is in the scamming biz again?

06/11, 11:38 PM

posted by:

NoNameDenton1

injunraiv, the sad thing is I see alot of new Tundras driving around, and when I ask people why they buy them they said reliabilty and fuel economy, then I have to remind them of all the problems the Tundra had and the fact that the Silverado with the 5.3 liter is more fuel efficient, and the 2009s are finally getting 6 speeds in the crew cab.

06/13, 3:50 PM

posted by:

injunraiv

Don’t confuse ‘em with the facts… ;)

 
 
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