Can you use the GM credit card to buy a Corvette?
#1
Intermediate
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Can you use the GM credit card to buy a Corvette?
My GM card came up big when I bought my C5 two years ago, but then I understand they changed their policy and omitted the 'vette from the list of cars that you can buy with GM card credit. Anyone with knowledge about this? Thanks
#2
Night Race Blue 427
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Re: Can you use the GM credit card to buy a Corvette? (qwertyasdfgh)
I used it just over a year ago for my 03.
#4
Racer
Re: Can you use the GM credit card to buy a Corvette? (Another Yellow)
Yep...if you have the newer version of the card you are limited to a maximum limit per specific model car (GM makes that determination and I think the max for the Corvette is $1000).
If you held onto the earlier version of the GM card your maximum is limited, not by a maximum on a particular model, but it caps the amount you can earn per year--$500/year for a maximum of 7 years total accumulation...so if someone ran out the max($500) over the maximum # of years he could use a rebate of $3500. Right now I'm up to right at $2700 for my C6.
...hope this helps.
If you held onto the earlier version of the GM card your maximum is limited, not by a maximum on a particular model, but it caps the amount you can earn per year--$500/year for a maximum of 7 years total accumulation...so if someone ran out the max($500) over the maximum # of years he could use a rebate of $3500. Right now I'm up to right at $2700 for my C6.
...hope this helps.
#5
Safety Car
Re: Can you use the GM credit card to buy a Corvette?
I have only had the GM card for a few months but I am up to over $1000 already. My dealer seems to think that they will only allow 500 on the C6, they are basing that on past experiences with past new releases on Vettes. I am hoping to talk them into more with some bonus bucks or something. I can easily **** away 10k to get another 500 on the card. $1500 total off would be sweet.
#6
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St. Jude Donor '04-'05-'06-'07-'11-'12-'13
Re: Can you use the GM credit card to buy a Corvette? (TedG)
I have only had the GM card for a few months but I am up to over $1000 already. My dealer seems to think that they will only allow 500 on the C6, they are basing that on past experiences with past new releases on Vettes. I am hoping to talk them into more with some bonus bucks or something. I can easily **** away 10k to get another 500 on the card. $1500 total off would be sweet.
#8
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Re: Can you use the GM credit card to buy a Corvette? (juggavette)
Why **** away $10,000 just to earn 500 toward a car? I'd just save the $10000 to put toward the car.
The catch is if you carry a balance month to month then the benefits of having such a card is nil.
#10
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Re: Can you use the GM credit card to buy a Corvette? (juggavette)
Why **** away $10,000 just to earn 500 toward a car? I'd just save the $10000 to put toward the car.
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St. Jude Donor '04-'05-'06-'07-'11-'12-'13
Re: Can you use the GM credit card to buy a Corvette? (juggavette)
Why **** away $10,000 just to earn 500 toward a car? I'd just save the $10000 to put toward the car.
#12
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St. Jude '03-'04-'05-'06
Re: Can you use the GM credit card to buy a Corvette? (Curtis A. Franz)
...... We play the game of stopping the use of the GM card when it hits the $500 limit for the credit year and switching to an airline mileage card until the GM card again starts adding credits.
#13
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Re: Can you use the GM credit card to buy a Corvette? (Wafdof)
Yeah, now I get it. That's not a bad plan. I have one and think I'll start using it more often. I mainly use it for gas right now.
#14
Safety Car
Re: Can you use the GM credit card to buy a Corvette? (mike1952)
I have only had the GM card for a few months but I am up to over $1000 already. My dealer seems to think that they will only allow 500 on the C6, they are basing that on past experiences with past new releases on Vettes. I am hoping to talk them into more with some bonus bucks or something. I can easily **** away 10k to get another 500 on the card. $1500 total off would be sweet.
according to gmcard.com the corvette qualifies for up to $1000 credit. no model years are listed on any car so $1000 it is!
according to gmcard.com the corvette qualifies for up to $1000 credit. no model years are listed on any car so $1000 it is!
And yes the point is to use the card for my daily expenses and pay it off each month. I quit using the bank debit card for those expenses. And yes I **** away money like it is going out of style so it really isn't a big deal to put more money on the card.