GM adds 100k Mile Powertrain Warranty to Used Cars
02-02-2007, 02:18 PM
#1
Registered User
Thread Starter
Join Date: Aug 2000
Location: Sterling Heights, MI
Posts: 6,166
GM adds 100k Mile Powertrain Warranty to Used Cars
http://www.detnews.com/apps/pbcs.dll...DATE/702020451
This is great for residual values and the like, and will help boost GM's image. But of course, it only covers 2002 vehicles forward...mine's an '01!
This is great for residual values and the like, and will help boost GM's image. But of course, it only covers 2002 vehicles forward...mine's an '01!
02-02-2007, 02:23 PM
#2
Registered User
Join Date: Mar 2002
Location: Yadkinville, NC USA
Posts: 3,180
http://www.detnews.com/apps/pbcs.dll...DATE/702020451
This is great for residual values and the like, and will help boost GM's image. But of course, it only covers 2002 vehicles forward...mine's an '01!
This is great for residual values and the like, and will help boost GM's image. But of course, it only covers 2002 vehicles forward...mine's an '01!
Well DAYUM.
I agree... this ais a great calculated risk to take that shows direct support and confidence in their dependability and durability.
KUDOS to them for having bollocks-enough to do this.
02-02-2007, 03:44 PM
#8
Registered User
Join Date: Oct 2000
Location: Toronto, ON Canada
Posts: 2,402
good move
It's a great move, as many people shopping for used vehicles (4 year old or newer) would love the extra warranty and security that comes with it.
It's a good move for the dealers, too, since people will now go to them instead of shady back-of-industrial-complex dealers.
I am sure, though, that this warranty will cost $X amount for the dealer, and he will incorporate this into the vehicle's price.
It's a good move for the dealers, too, since people will now go to them instead of shady back-of-industrial-complex dealers.
I am sure, though, that this warranty will cost $X amount for the dealer, and he will incorporate this into the vehicle's price.
02-02-2007, 04:36 PM
#10
Registered User
Join Date: Jun 2000
Location: South Bend , IN
Posts: 2,801
02-02-2007, 06:01 PM
#12
Registered User
Thread Starter
Join Date: Aug 2000
Location: Sterling Heights, MI
Posts: 6,166
And yes, GM is not covering all models regardless of when they were purchased. They are covering those purchased "certified pre-owned" from dealerships starting March 5.
02-02-2007, 06:06 PM
#13
Registered User
Join Date: Jul 2004
Location: Roseville, MI, USA
Posts: 1,496
Cadillac, Saab and Hummer will continue to operate their existing Certified vehicle warranty programs, all of which feature a 6-year/100,000-mile bumper-to-bumper limited warranty effective from the vehicle’s in-service date.
Plus, Wilson has it. All 2006's were retro'd in with the original announcement.
02-02-2007, 06:24 PM
#14
Registered User
Join Date: Nov 2000
Location: Chicagoland IL
Posts: 16,179
That's only if it was a MY2007. Like the GMT900's. Mine's not included, eventhough it was one of the last 2006's manufactured. I wouldn't be surprised if it were the very last manual trans CTS made in MY 2006.
02-02-2007, 08:17 PM
#15
Registered User
Join Date: Sep 1998
Location: Memphis
Posts: 4,338