[MikeC1003]

This might be old news but came across a GM discount for credit union members at https://www.mygmdiscount.com/ip-vpp/do/marketing-pricing?pID=148666&subID=354058553

Evidently a dealer has to participate in the program & it's voluntary on their part. Appears most 2013 & 2014 models are eligible except for the Corvette Stingray, Spark EV & all Cadillacs.

I registered on the website & plugged in info for a 2014 SS with both options. MSRP was $47,170 & the credit union discount price was $45,452. $1,718 under MSRP.

Not sure how many dealers participate in this but it'd be worth asking a dealer about it. A pretty healthy discount for sure. Appears the credit union needs to participate too. Mine showed up in a drop-down menu during website registration. I haven't tried to get an authorization number yet.

Mike

 

[2074]

Yes and the key word is voluntary. On hot/limited supply product I wish you luck in finding a dealer who will loose easy profit $$$ by taking the flat fee paid by GM for delivering the vehicle.

Like a Stingray; you're going to have to pay to play on this one.

 

[GXPaycheck]

Does one just have to be a member or have a balance?
My company is a Berkshire Hathaway subsidiary, and I know BK has a discount. Still trying to find out if I qualify there.

 

[black magic]

The whole dealer voluntary thing chaps my hide. GM reimburses the dealer for the discount, so the dealer gets their money regardless. Unless, they double dip GM by saying that they gave the discount, but didn't give it to the customer. That way the dealer ends up with +1,700 on an SS deal. I have no idea if that can really happen, but it does make one think.

 

[2074]

The whole dealer voluntary thing chaps my hide. GM reimburses the dealer for the discount, so the dealer gets their money regardless. Unless, they double dip GM by saying that they gave the discount, but didn't give it to the customer. That way the dealer ends up with +1,700 on an SS deal. I have no idea if that can really happen, but it does make one think.

No they don't get full boat $1700. I can't say here what the dealer makes but its way less than the profit you think. WAY less! A dealer can't 'double dip" like you insinuate because of the computer, paper trail and audits.

For a buyback it was $200 for doing 4 hours of paperwork with a conference call to 'buyback central' walking you thru a 4 inch stack of FEDEX'ed paperwork with probably 20+ signatures each party; faxing it all back immediately and FEDEXing it back too and dealing with the returned vehicle until GM comes and gets it for remarketing. No holdback, no floor credit, no nothing .... all stripped out ... nada. $200 was total profit on deal.