GM Enhances Zero Incentive Program

DETROIT - General Motors Corp. today announced enhancements to its retail marketing programs on 2002 and 2003 model year vehicles. Effective October 10 and continuing through October 31, GM is offering "Zero, Zero, Zero" -- no monthly payments for 90 days, no down payment and 0.0% APR financing rates on terms up to 60 months for qualified buyers on the purchase of all new 2002 and most 2003 model Buick, Cadillac, Chevrolet, GMC, Oldsmobile, Pontiac, and Saturn cars and trucks. Saab and HUMMER are excluded from this program.

"These enhancements will leverage GM's current programs in the marketplace by offering no payments for 90 days and no down payment for qualified buyers, further demonstrating GM's leadership," said Bill Lovejoy, group vice president of GM North America Vehicle Sales, Service and Marketing. " The goal of the program remains to bring more consumers to our showrooms to see our industry leading lineup of cars and trucks. This continues our strategy to offer consumers simple and compelling marketing programs, and will allow GM to continue to be aggressive in the marketplace.”

GM begins advertising nationally on Friday, October 11, in The Wall Street Journal, USA Today and New York Times. National television advertising begins Saturday, October 12.

Following are terms for the enhanced 2002 program (October 10 - October 31, 2002):

Zero, Zero, Zero (for qualified buyers)

  • No monthly payment for 90 days
  • No down payment
  • 0% financing

$1,000 or 0.0%
36/48/60
Chevrolet Corvette
Cadillac Escalade

$2,000 or 0.0%
36/48/60
Cadillac EXT

$2,000 or 0.0%
36/48/60 PLUS $500 Bonus Cash
Chevrolet Suburban
Chevrolet Tahoe
Chevrolet TrailBlazer
Chevrolet TrailBlazer EXT
GMC Envoy
GMC Envoy XL
GMC Yukon
GMC Yukon XL
Oldsmobile Bravada
Chevrolet Avalanche
Chevrolet Silverado
GMC Sierra

$2,500 or 0.0%
36/48/60
PLUS $500 Bonus Cash
Chevrolet Blazer

$2,500 or 0.0%
36/48/60
Chevrolet Cavalier
Chevrolet Impala
Chevrolet Monte Carlo
Pontiac Sunfire

0.0%
36/48/60
Saturn L-Series
Saturn Vue

 

$3,000 or 0.0%
36/48/60
Buick Century
Buick LeSabre
Buick Park Avenue
Buick Regal
Buick Rendezvous
Chevrolet Camaro
Chevrolet Malibu
Chevrolet Prizm
Oldsmobile Alero
Oldsmobile Aurora
Oldsmobile Intrigue
Pontiac Aztek
Pontiac Bonneville
Pontiac Firebird
Pontiac Grand Am
Pontiac Grand Prix

$3,000 or 0.0%
36/48/60
PLUS $500 Bonus Cash
Chevrolet Astro
Chevrolet Express
Chevrolet S-10 Pickup
Chevrolet Tracker
GMC Savana
GMC Safari
GMC Sonoma

$4,000 or 0.0%
36/48/60
PLUS $500 Bonus Cash
Chevrolet Venture
Oldsmobile Silhouette
Pontiac Montana

$4,000 or 0.0%
36/48/60
Cadillac DeVille
Cadillac Eldorado
Cadillac Seville


Following are terms for the enhanced 2003 program
(October 10 - October 31, 2002):

Zero, Zero, Zero (for qualified buyers)

  • No monthly payment for 90 days
  • No down payment
  • 0% financing

0.0/2.9/3.9%
36/48/60
Cadillac CTS
Cadillac Deville
Cadillac Escalade
Cadillac EXT
Cadillac Seville
Chevrolet Corvette

$1,500 or 0.0%
36/48/60
Buick Century
Buick LeSabre
Buick Park Avenue
Buick Rendezvous
Buick Regal
Chevrolet Impala
Chevrolet Monte Carlo
Oldsmobile Aurora
Pontiac Aztek
Pontiac Bonneville
Pontiac Grand Prix
Pontiac Vibe

$2,000 or 0.0%
36/48/60
Chevrolet Malibu
Oldsmobile Alero
Pontiac Grand Am

$2,000 or 0.0%
36/48/60 PLUS $500 Bonus Cash
Chevrolet Venture
Oldsmobile Silhouette
Pontiac Montana

0.0%
36/48/60
Saturn L Series
Saturn Vue

$1,500 or 0.0%
36/48/60 PLUS $500 Bonus Cash
Chevrolet S-10 Pickup
GMC Sonoma

$1,500 or 0.0/2.9/3.9%
36/48/60 PLUS $500 Bonus Cash
Chevrolet Astro
Chevrolet Avalanche
Chevrolet Blazer
Chevrolet Express
Chevrolet Silverado
Chevrolet Suburban
Chevrolet Tahoe
Chevrolet TrailBlazer
Chevrolet TrailBlazer EXT
GMC Envoy
GMC Envoy XL
GMC Savana
GMC Safari
GMC Sierra
GMC Yukon
GMC Yukon XL
Oldsmobile Bravada

$2,000 or 0.0/2.9/3.9%
36/48/60 PLUS $500 Bonus Cash
Chevrolet Tracker

# # #

General Motors , the world's largest vehicle manufacturer, designs, builds and markets cars and trucks worldwide, and has been the global automotive sales leader since 1931. GM employs about 355,000 people around the world. GM cars and trucks are sold under the following brands: Chevrolet, Pontiac, Buick, Oldsmobile, Cadillac, GMC, Saturn, Hummer, Saab, Opel, Vauxhall and Holden. GM parts and accessories are marketed under the GM, GM Goodwrench and ACDelco brands through GM Service and Parts Operations. More information on GM can be found at www.gm.com.

###

Note: GM "Overdrive" details are available on GM Media Online at http://media.gm.com by clicking on News, then Pricing/Incentives.

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