08-19-2009, 07:12 PM
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#1 |
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Member
Join Date: Oct 2008
Posts: 47
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Gm to front load c4c rebates
GM announced that they will front load C4C rebates due dealers for deliveries Aug 1 forward up $4000 per deal. This should help us out with the negative cash flow this whole mess has created. Now if they would just get us current with our incentives we would all be a lot happier. I quess we have to keep wishing.
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08-19-2009, 08:35 PM
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#2 | |
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Administrator
Join Date: Nov 2007
Posts: 14,869
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Quote:
 Props to General Motors for stepping-up to help their dealers. Based on dgale's information it appears that GM's program is better than what Toyota, Honda and Hyundai have offered their dealers. :thumbsup_old: |
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08-20-2009, 05:39 AM
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#3 |
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Senior Member
Join Date: Oct 2008
Posts: 263
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So they are going to "front-load" the rebate, does this mean that when (and if) paid for C4C that's gotta be repaid?
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08-20-2009, 07:57 AM
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#4 | |
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Administrator
Join Date: Nov 2007
Posts: 14,869
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Quote:
To the extent that GM doesn't know when a dealer is funded by CARS it appears this program could generate positive cash flow for a dealer.
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08-20-2009, 07:59 AM
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#5 |
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Administrator
Join Date: Nov 2007
Posts: 14,869
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dgale - Thanks again for starting this thread.
You had the story on the Internet before Automotive News did. :thumbsup_old: |
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