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GM Credit Union Discount

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Old 08-14-2014, 08:31 AM
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buddyroth
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Default GM Credit Union Discount

Have any of you actually gotten the C/U discount?
I understand that a dealer can choose not to participate, but my salesman tells me that GM is not allowing discount on C7s.
Any info appreciated.
Old 08-14-2014, 08:34 AM
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John Ulrich
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No problem getting a CU discount on a non-Z51 thru Kerbeck
Old 08-14-2014, 08:49 AM
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Supermassive
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I am in the works with Thoroughbred Chevrolet in Phoenix to order a Velocity Yellow Z51 and they are honoring all GM approved discounts that you are eligible for including employee pricing.
Old 08-14-2014, 08:51 AM
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AFVETTE
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Yup, easy peasy. Saved me a big chunk of change. And what's funny I was entitled to the Military Discount as well.

But remember dealers are not obligated to accept/honor these discounts. So you have find a dealer with allocations willing to accept the discount.
Old 08-14-2014, 10:48 AM
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Cyber_C7
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I have my order in through Les Stanford,, MI. I was just going to pay cash. Can you get a better discount through a CU.?? I thought cash was king. I don't belong to a CU, but I'll sign up if there substantial savings.
Old 08-14-2014, 11:10 AM
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AFVETTE
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Originally Posted by Cyber_C7
I have my order in through Les Stanford,, MI. I was just going to pay cash. Can you get a better discount through a CU.?? I thought cash was king. I don't belong to a CU, but I'll sign up if there substantial savings.
It doesn't matter how you pay, the CU/Military/Supplier discount chops several thousand dollars off the MSRP. Are you getting that kind of discount with your deal? If not you are paying TOO MUCH.
Old 08-14-2014, 11:24 AM
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bob guzzy
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I had no problem getting it at Bonner Chevrolet they helped me set it up.
Old 08-14-2014, 11:43 AM
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bbrown450
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Originally Posted by Cyber_C7
I have my order in through Les Stanford,, MI. I was just going to pay cash. Can you get a better discount through a CU.?? I thought cash was king. I don't belong to a CU, but I'll sign up if there substantial savings.
Cash is king but I would get your discount applied and then pay cash for the rest
Old 08-14-2014, 01:37 PM
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roarkace
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I belong to 3 credit unions but none are on the Supplier Discount list ,can anyone give me the name of a credit union that is on the list?
Old 08-14-2014, 01:42 PM
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Zymurgy
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Originally Posted by buddyroth
Have any of you actually gotten the C/U discount?
I understand that a dealer can choose not to participate, but my salesman tells me that GM is not allowing discount on C7s.
Any info appreciated.
Run away from that dealer. Either your salesman is ignorant (best case) or is outright lying to you (more likely case). Regardless, do you really want to do business with them?
Old 08-14-2014, 01:53 PM
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kmil579
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Originally Posted by roarkace
I belong to 3 credit unions but none are on the Supplier Discount list ,can anyone give me the name of a credit union that is on the list?

Near you? Cincinnati Central, Emery Federal, Cinfed, General Electric, Greater Cincinnati, New Horizons, Cintel, Kemba. Hard to believe that you belong to 3 that are not on the list.
Old 08-14-2014, 02:08 PM
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roarkace
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Default supplier discount

Originally Posted by kmil579
Near you? Cincinnati Central, Emery Federal, Cinfed, General Electric, Greater Cincinnati, New Horizons, Cintel, Kemba. Hard to believe that you belong to 3 that are not on the list.
Well I belong to the GE Credit Union and also Kemba Credit union,but when I plug them into the eligibility list it comes back Results not found , I will contact them directly,Thanks
Old 08-14-2014, 02:18 PM
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Originally Posted by roarkace
Well I belong to the GE Credit Union and also Kemba Credit union,but when I plug them into the eligibility list it comes back Results not found , I will contact them directly,Thanks
Have you signed up on the GM site? The credit union does not actually do anything in this discount. You need to sign up on the GM site, request an authorization number and then at the dealer you need to show proof that you are eligible.

A copy of the loan document used to purchase the vehicle, current statement or membership card from a participating credit union will be required as proof of eligibility at the dealership. Not available with some other offers. See dealer for details. Discount is available to members no matter where they finance their purchase.
Old 08-14-2014, 02:32 PM
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Mr Snappy!
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Originally Posted by bbrown450
Cash is king but I would get your discount applied and then pay cash for the rest
Cash is NOT king at car dealerships. They very much want you to get a loan. They get a piece of that action. They get "Cash" any way you purchase it.
Old 08-14-2014, 02:38 PM
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thegame9377
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Originally Posted by roarkace
I belong to 3 credit unions but none are on the Supplier Discount list ,can anyone give me the name of a credit union that is on the list?
I'm in your neck of the woods. I signed up with PenFed (Pentagon Federal Credit Union). You can literally open an account online for $5 in 10 minutes.
Old 08-14-2014, 03:03 PM
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roarkace
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Default Supplier discount

Originally Posted by thegame9377
I'm in your neck of the woods. I signed up with PenFed (Pentagon Federal Credit Union). You can literally open an account online for $5 in 10 minutes.
Interesting, I tried registering on the GM web site and they wanted a company code,so I called GE Credit Union and they had no idea what I was talking about, so I'll try PenFed, Thanks
Old 08-14-2014, 03:32 PM
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kmil579
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Originally Posted by roarkace
Interesting, I tried registering on the GM web site and they wanted a company code,so I called GE Credit Union and they had no idea what I was talking about, so I'll try PenFed, Thanks

Are you registering on https://www.mygmdiscount.com/?

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Old 08-14-2014, 04:05 PM
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roarkace
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Default supplier discount

Originally Posted by kmil579
Are you registering on https://www.mygmdiscount.com/?
OK ,I was able to finally get an authorization #,any idea how much the credit union auth.# Is worth off MSRP if the dealer accepts it? Thanks
Old 08-14-2014, 04:14 PM
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Algiers
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It seems to come out to about 8-9 percent off depending on your order. I believe more is subtracted from options than the base cost of the car. For me it was about 6k off. You can do the build and price on a 2014 at https://www.mygmdiscount.com for a close approximation.
Old 08-14-2014, 04:21 PM
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thegame9377
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Originally Posted by roarkace
OK ,I was able to finally get an authorization #,any idea how much the credit union auth.# Is worth off MSRP if the dealer accepts it? Thanks
Came out to about $5600 off MSRP for me on a 2lt non-z51. Options I ordered resulting in higher price are paint upgrade fee (Laguna blue), black wheels, performance exhaust, and transparent roof.


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