DennyMenholtChev

The present CU member program allowing credit union members to purchase a new Chevrolet (excludes Z06) at GM Supplier pricing is expiring on July 14, 2015.

A new program will begin on July 15, 2015.
GENERAL MOTORS IS ANNOUNCING A CREDIT UNION MEMBER TARGETED OFFER WHICH CAN BE USED TOWARDS THE PURCHASE/LEASE OF ONE OF THE ELIGIBLE MODELS LISTED IN GUIDELINE NUMBER 4 BELOW.

IMPORTANT PROGRAM NOTES:
- ONLY ONE QUALIFYING DOCUMENT MAY BE USED FOR REDEMPTION PER PURCHASE/LEASE.
- THIS OFFER IS TRANSFERABLE WITHIN THE SAME HOUSEHOLD.
VERIFICATION OF ELIGIBILITY:
- CUSTOMERS MUST PROVIDE THEIR CREDIT UNION MEMBERSHIP CARD, CREDIT UNION DEBIT CARD, A CURRENT STATEMENT TO PROVE MEMBERSHIP OR A COPY OF THE CREDIT UNION LOAN DOCUMENT FOR THE VEHICLE BEING PURCHASED ALONG
WITH THEIR DRIVER'S LICENSE AND AUTHORIZATION NUMBER TO DEALER TO RECEIVE THIS OFFER. DEALER MUST OBTAIN A NINE (9) DIGIT APPROVAL CODE NUMBER BY LOGGING INTO WWW.GMGLOBALCONNECT.COM OR CALLING THE
AUTOMATED SYSTEM AT 1-800-835-4646. THE APPROVAL CODE WILL APPEAR ON THE CUSTOMER-DEALER AGREEMENT (CDA).

DEALER MUST PRINT THE CDA.

DOCUMENTATION FOR AUDIT REQUIREMENTS:
- A COPY OF THE CREDIT UNION MEMBERSHIP CARD, A COPY OF THE CREDIT UNION DEBIT CARD WITH THE ACCOUNT NUMBER
BLACKED OUT, CURRENT CREDIT UNION STATEMENT WITH THE ACCOUNT NUMBER BLACKED OUT OR A COPY OF THE CREDIT
UNION LOAN DOCUMENT FOR THE VEHICLE BEING PURCHASED MUST BE IN THE DEAL JACKET.
- A COPY OF THE CUSTOMER'S DRIVER'S LICENSE AND SIGNED CUSTOMER-DEALER AGREEMENT (CDA) MUST BE RETAINED IN THE DEAL JACKET.
- IF ELIGIBILITY IS TRANSFERRED WITHIN THE SAME HOUSEHOLD, A COPY OF THE TRANSFEREES DRIVER'S LICENSE OR STATE I.D. MUST BE RETAINED IN THE DEAL JACKET.

GUIDELINE NUMBER 4:
2016 CHEVROLET (Allowance)
Colorado excludes 2SA $750
Corvette Base $750
Corvette Z51 $750
Cruze Limited excludes 1SM $750
Equinox excludes 1SM $750
Express $750
Impala (excluding Limited) $750
Malibu Limited $750
Sonic $750
Suburban $750
Tahoe $750
Traverse $750
Trax $750
Volt $750

2015 CHEVROLET (Allowance)
Camaro $750
City Express $750
Colorado excludes 2SA $750
Corvette Base $750
Corvette Z51 $750
Cruze excludes 1SM $750
Equinox excludes 1SM $750
Express $750
Impala (excluding Limited) $750
Malibu $750
Page 3 of 7
SS $750
Silverado $750
Sonic $750
Spark (excluding EV) $750
Suburban $750
Tahoe $750
Traverse $750
Trax $750
Volt $750

NOTE:
For any orders placed with our dealership (Denny Menholt Chevrolet) prior to July 2, we are honoring the price that we quoted to CU members in lieu of changing the price and honoring the $750 allowance.
We made a price promise on orders accepted and will honor the price.

Zax

Is the Supplier Discount still the same for eligible 2016 purchases?

LIE2ME

If not, then the only discount for credit union members is $750.00??

mpuzach

Can anyone explain what this translates to?

rmorin1249

What about military pricing?
I have a certificate that is good until 8-04-15. Is it valid for 2016 model?

DennyMenholtChev

The CU program that expires on 7/14 (available for 2015 and 2016 non-Z06 Corvettes) allows for the qualified customer to purchase a Corvette at GM Supplier pricing.


The CU program that goes into effect on 7/14 (available for 2015 and 2016 non-Z06 Corvettes) allows the dealer and customer to negotiate the price and then the customer receives a $750 allowance (rebate). Supplier pricing is gone on the CU program.


The Military and Educator programs are in effect until 9/30. These programs allow Supplier pricing for 2015 and 2016 non-Z06 Corvettes.


Ken

laborsmith

I am not surprised. The program came into being as part of a program to save GM. It is quite clear GM has weathered that particular storm.

I expected the CU Program Pricing to die but I am surprised GM is putting something else in its place. Now, my question is: can I use my GM World Card points in combination with the new CU program discount?

Laborsmith

nmvettec7

Sounds like the big discounts for the 2016 Corvette Stingray base and Z51 is over.

Wow, only $750.00 discount? So hard to believe.

If this is correct, and that's the way I read it, those that bought the 2014 and 2015 MY's made out like bandits.

If this discount of only $750.00, please confirm.

Bradysdad

So my order is already in with a TPW of 6/20. Pricing has not been provided yet as it is not available to my dealer. If supplier pricing goes away, I am canceling my order and am not going to be happy.

How does this news affect current orders with assigned TPWs?

landsteam

Wouldn't the large dealers sell at invoice and then reduce by the additional $750?

laborsmith

To be clear, based on what Ken posted, Supplier (and Employee) pricing is not going away. Tie ins such as Credit Union are changing (going awat) amd Military are returning to what they were before 2009 or whatever the date the tie ins began.

As I said, I am astounded they lasted this long and any thinking person who follows the industry will likely agree with me.

Laborsmith

Bradysdad

Yes. But if one was quoted supplier pricing due to the CU path, will the dealer still have a way to honor quoted $$ ?

laborsmith

Definitely simply by adding or subtracting $1.00 from the quoted price.

Laborsmith

John Ulrich

For sure. Supplier was $200 over invoice ...if memory is correct. Or they will sell for $950 over invoice - $750 rebate = old supplier deal. Missing will be the back end money GM gave the dealers for a supplier deal.

mdiiulio

Technically no. I bought through the Military Program and at the time it was scheduled to expire on 31 May 2014. My (VERY large Forum dealer) said I was REQUIRED to PROVIDE PAYMENT on or prior to that date to receive the discount, period. Turns out, GM renewed the program on 30 May and it wasn't an issue, but I was sweating it and had already booked my flight to pick up on 31 May.

Walt White Coupe

That's a bummer.

C2367

Sounds better for me if I go to lease my next DD if I buy GM due to being able to get supplier or CU then see what save the most.

laborsmith

Supplier is a Pricing Program as if the MSRP is that price. CU has been tied into that for several years that have more to do with politics than with real life. The post July ? pricing will be a discount and not Program Pricing.

I do not find a problem with the change and if the new CU discount can be used along with GM World Card points I will have even less than no problem.

Laborsmith

nmvettec7

I don' think that you will see dealers selling the 2016 MY Stingray base or Z51 at dealer invoice.

With the past CU discounts dealers were essentially giving the C7's away.

Now they have a great excuse not to sell the C7's so low in price. Puts more money in their pockets. I suggest there will be some discounts, but they won't mirror or come close to the discounts in the past on these cars.

As for those people who have cars on order with no official pricing via dealers, they may not be able to get the CU discount as the C7's are billed to the dealer once they are completed after the build process, not at the time of the order.

I am quite sure we will hear from potential future owners who have builds in the pipeline.

Perhaps people like Dave@Kerbeck, Mike from Criswell, and Rick Conti will chime in on this.

I know there are also CF members here that either work for Chevy dealerships or have an association with a Chevy dealer.

Now is the time for dealers to be totally transparent to the potential C7 owner and buyer.

Big Kudos to Ken Fitchner for being the first to post this very important information and provide a heads up to C7 buyers.

Classic-Chevy-Guy

To those in the know:

- Does the CU Allowance affect the dealers bottom line, or are they reimbursed by GM?

- Can you get the CU Allowance and take GM Credit Card bonus points as well?

Thanks. Expect my LB coupe to arrive mid-July