People shopping around for cars and car loans take note: You may have a chance to get a new car from Saturn at a price of used cars. The same goes for Pontiac.
General Motors is the disruption of both brands, so the Pontiac and Saturn vehicles are basically into fire sale mode right now. I’m still trying to understand exactly how the sale, maybe someone out there that is smarter business could leave a comment to complete the missing information.
Incentives plus price slashing
First, GM says it will pay to distributors “$ 7000 per new Saturn or Pontiac in a way that moves the car or service vehicle fleet of vehicles operated by dealers,” says the Wall Street Journal. So basically, GM pays dealers to take possession of the cars. So that’s weird and backwards. Right?
Then, dealers must tag these cars as “used” because technically the dealers are the first owner, not the client. Of course, most cars are not actually used, and still have zero miles (or just test drive miles) on them.
A little help?
So what am I missing here? This strategy does not really make sense to me. Why not just give bonuses for GM vehicles sold Pontiac and Saturn? Why not cut prices instead of going through the justification process and slapped an “employee” label over there?
I’m still waiting for this click. The brands are being discontinued, so it cannot be for the purpose of maintaining the value attributed to the names of Pontiac and Saturn. I’m at a loss. Tell me what you think.
The bottom line
Anyway, regardless of exactly what GM and its dealers are doing and why they’re doing, you might be able to buy cars from Pontiac and Saturn on the super cheap, so if you’re thinking about getting a new car in a time, you may want to set your plan into action sooner rather than later.