Purchase question
Thread Starter
Pro
Joined: Oct 2007
Posts: 588
Likes: 63
Purchase question
I am in line for a C8. I have lots of GM rewards points but cannot find out what they are worth towards the purchase. Does anyone know how the value of the points is calculated or where I can find out? No rush. Car is probably 6 - 9 months away.
Instructor
Joined: Dec 2018
Posts: 126
Likes: 79
Are you referring to the new rewards program, or accumulated earnings from a credit card? I'm not sure the rewards program is for money off cars. I thought it applied to merchandise and parts. For the CC program, it varies. Mine max's at 500/year up to a max of 7 years or 3500. It is the original program. I think there is at least one program that allows unlimited earnings per year but max's at 10% off purchase price.
Team Owner
Joined: Sep 2010
Posts: 32,042
Likes: 4,610
It has a maximum dollars off cap. Call the credit card for the exact maximum number. IIRC, it's either $3K-$4K.
Melting Slicks
Joined: Aug 2003
Posts: 2,906
Likes: 1,365
From: Sevierville Tn
It depends on the card! I bought wife new Equinox my dealer told me they would probably cap me!
I told him No. He check I got 7500$ the new car purchase!
My Buypowercard doesn't expire on the points and there is No cap.
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Intermediate
Joined: Aug 2019
Posts: 25
Likes: 7
What exactly did you learn? We still haven’t clarified if you have the credit card or the GM rewards program
Drifting
Joined: Feb 2015
Posts: 1,478
Likes: 520
From: West Columbia Texas
I have a GM card, and typically I get a $3000 "bonus" that I can use towards the purchase of a new vehicle close to the end of the year, but it has to be used by the end of December....AND many times there are certain vehicles that can you can NOT apply those points towards.....and of all the vettes I have owned, they were on the list of vehicles you could NOT use them on. all but the last one I bought.
Last edited by Sir Nuke; Sep 1, 2019 at 10:52 AM.
Race Director
Joined: Nov 2003
Posts: 16,066
Likes: 4,148
From: Bergen county NJ
The bonus points for the credit card that gm mails towards the end of the year are for older vehicles not hot off the press cars and trucks like the upcoming c8.
the bonus points are in addition to the credit card bonus points accumulated.
the original poster is asking about a different type of bonus point system for service and the purchase of a new car etc...
that as stated is listed above as 20,000 points equaling 100 dollars and has nothing to do with the gm credit card.
the bonus points are in addition to the credit card bonus points accumulated.
the original poster is asking about a different type of bonus point system for service and the purchase of a new car etc...
that as stated is listed above as 20,000 points equaling 100 dollars and has nothing to do with the gm credit card.
Melting Slicks
Joined: May 2004
Posts: 2,426
Likes: 285
From: West Barnstable MA
There is a difference between Credit Card Points, GM BuyPower Card, and the GM Service/Parts Bonus Program, MyGMRewards.
The older GM BuyPower card had no limits on point redemption, while the newer GM BuyPower card has specific limits by car,
The older GM BuyPower card had no limits on point redemption, while the newer GM BuyPower card has specific limits by car,