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0% program length / official rules

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Old Aug 3, 2008 | 09:05 AM
  #1  
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Default 0% program length / official rules

Two quick questions on this:

What are the effective dates of the program?
Does anybody have a link to the official GM program rules / announcement?

I did a fairly exhaustive search on the Forum, and while many threads discuss this, couldn't find either of the two bits of info above.

Specifically, I'm interested in an 08 convertible.

thanks,
Mark
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Old Aug 3, 2008 | 10:49 AM
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60 months for a vert until mid august.The 17th 0r 18th maybe.KEN FITCHNER (SP?) posted a thread,the 1st on this I believe,about a week ago.Make your best deal and then u get 0% too!
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Old Aug 3, 2008 | 11:21 AM
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The program runs from August 1 to August 19th.

Convertibles 0% for 60 months.

Current Offers

Corvette Convertible
$0 Total Cash Allowances(**) OR as low as 0.0% APR for 60 months for qualified buyers(2)

Monthly payment is $16.67 for every $1000 you finance. Example down payment: 14.5%. Some customers will not qualify. Take delivery by 08-19-2008. Residency restrictions apply. See dealer for details. Average financial savings based on Bankrate, Inc. data.

Coupes and Z06 0% for 48 months.

Corvette Coupe
$0 Total Cash Allowances(**) OR as low as 0.0% APR for 48 months for qualified buyers(2)
Corvette Z06
$0 Total Cash Allowances(**) OR as low as 0.0% APR for 48 months for qualified buyers(2)

(2) For 0.0% APR, monthly payment for every $1000 you finance is $27.78 for 36 months; $20.83 for 48 months; $16.67 for 60 months; $13.89 for 72 months. For 2.9% APR, monthly payment for every $1000 you finance is $29.04 for 36 months; $22.09 for 48 months; $17.92 for 60 months. For 3.9% APR, monthly payment for every $1000 you finance is $29.48 for 36 months; $22.53 for 48 months; $18.37 for 60 months. For 5.9% APR, monthly payment for every $1000 you finance is $30.38 for 36 months; $23.44 for 48 months; $19.29 for 60 months. For 6.9% APR, monthly payment for every $1000 you finance is $30.83 for 36 months; $23.90 for 48 months; $19.75 for 60 months. Example down payment is 12%. Length of contract limited. See dealer for details.
** Includes Bonus Cash.
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Old Aug 3, 2008 | 12:00 PM
  #4  
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From: JawJa
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Who knows,they may extend through the end of the month. Feb. of last year when they offered 0% for a week, they surprised everyone and extended it. However, this time since it's running longer initially, it may not go that way.
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Old Aug 3, 2008 | 12:38 PM
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I have been playing with the calculator and it seems that a discounted basic 1LT Corvette costing $42,500 total price including with tax and licence with 15% down ($6375) brings the 48 month 0% payment to about $750 a month.
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Old Aug 3, 2008 | 09:09 PM
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Anyone know what the qualifying credit score is? I just put a deposit down this weekend. I shouldn't have a problem, I have a score of about 740 last time I looked and have since payed off quite a bit of stuff. Think I have anything to worry about? Pretty much if I don't get 0% I'm not getting the car, I HATE paying interest.
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Old Aug 3, 2008 | 09:15 PM
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Originally Posted by 95blklsc
Anyone know what the qualifying credit score is? I just put a deposit down this weekend. I shouldn't have a problem, I have a score of about 740 last time I looked and have since payed off quite a bit of stuff. Think I have anything to worry about? Pretty much if I don't get 0% I'm not getting the car, I HATE paying interest.
I would think that is an excellent credit rating.
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Old Aug 3, 2008 | 09:19 PM
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Tempting, very tempting
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Old Aug 3, 2008 | 09:45 PM
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Originally Posted by CETA 256
I would think that is an excellent credit rating.
That is a good credit rating and should do the trick.
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