What credit score do you need for GM 0% financing?

What credit score do you need for GM 0% financing?

550

How much discount do GM employees get?

22.4 percent off the 2018 Silverado 1500. 20.0 percent off the 2018-19 Spark, 2018-19 Sonic and 2018 Impala. 18.5 percent off the 2018 Cruze. 18.3 percent off the 2018 Trax.

What is GM Friends and Family discount?

GM Supplier Discount for Friends is a program that allows eligible employees to extend the same discount that GM suppliers receive to cousins, friends or neighbors. You can share authorization numbers with extended family or friends who are not eligible for your GM Employee Discount.

Is GM employee pricing the best deal?

Unless a model is selling like hotcakes, you can likely negotiate a better discount than the employee pricing discount. It’s up to you to do the negotiating though. Employee pricing merely nets you an OK/GOOD deal, not a leasehackr worthy deal though.

How much can you negotiate below MSRP?

Many dealers will easily settle for a $1500 to $2500 profit. If they do, and you purchase the vehicle correctly, you will be well below dealer invoice! Your awareness of these hidden savings combined with using the right online “car pricing services” can put this money into your pocket – not theirs.

Is GM supplier discount worth it?

GM Supplier Pricing can clearly save eligible shoppers money, especially when combined with other incentives. However, there may not be a noticeable advantage in competitive markets where dealers may already be advertising low prices. Shoppers who dislike negotiating may appreciate not having to haggle.

Is employee pricing a gimmick?

However, employee pricing is a tier better and are usually pretty good deals. It’s sometimes possible to wiggle a bit below that depending on the car and the region, but there is usually not thousands of dollars worth of additional discount to be had.

Do dealerships give employee discounts?

Most manufacturers, including GM, Nissan, Toyota and Chevrolet provide discounts on cars to current employees and retirees, and though the programs vary, they often reduce transaction costs to near or below the price on the invoice sent to the dealer.

How much discount do car salesmen get?

Most dealers pay their salespeople a 25% commission rate, which is based on gross profit minus a “pack” fee. Pack is usually a few hundred dollars ($800) but can also be a percentage. Example: You sell a used car for $.

How much discount do Toyota employees get?

Toyota Employee Discount = 1.25% over invoice on all models (not sure about Scion). There is also $500 customer cash back for my region. Some regions are $1000 while others are $0.

Is employee pricing on cars a good deal?

Under the employee discount programs, they can get a good deal with less haggling. Employee discount programs make it easier for the ordinary car shopper to get a better deal on a new car. But all car-buying rules are still in play, including the ultimate advice: buyer beware.

What is the Hyundai friends and family discount?

Hyundai Friends And Family Discount Overview You can get the best discount of up to 50% off.

What is a car dealer employee discount?

The GM Dealership Employee Discount allows eligible GM dealership employees to purchase or lease eligible vehicles at a special discounted price below MSRP — in fact, it’s the same great discount GM employees receive. Plus, you can combine the discount with most current offers to save even more.