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GM Announces Modifications to "Zero,
Zero, Zero" Program
Detroit, November 1, 2002 - General Motors Corp. today announced
modifications to its retail marketing program on 2002 and 2003 model year
vehicles. Effective November 1 and continuing through January 2, 2003,
GM is offering "Zero, Zero, Zero" -- no monthly payments for
90 days, no down payment and 0.0% APR financing rates for qualified buyers
on the purchase of most new 2003 and the remaining new 2002 model Buick,
Cadillac, Chevrolet, GMC, Oldsmobile, Pontiac, Saturn, and Saab cars and
trucks. The 2002 and 2003 HUMMER models are not included in the program.
In addition, the program offers $2,000 customer cash or 0.0/2.9/3.9%
APR finance rates to qualified buyers on most 2003 GM models, excluding
Saturn and HUMMER. Saturn has introduced its own set of financing and
leasing programs. An additional $1,000 is available toward the purchase
or lease of certain 2003 GM midsize passenger cars and minivans.
"These changes continue GM's strategy of simple, compelling marketing
programs for consumers that are competitive, and demonstrate leadership
in the marketplace," said Bill Lovejoy, group vice president of GM
North America Vehicle Sales, Service and Marketing. "The program
builds upon the momentum of 'Zero, Zero, Zero' with very competitive APR
rates and enhanced cash offers."
GM begins television advertising of the modified programs nationally,
November 1, 2002.
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Following are terms for the enhanced 2002 program
(November 1, 2002 - January 2, 2003):
|
Zero, Zero, Zero (for qualified buyers)
- No monthly payment for 90 days
- No down payment
- 0% financing
|
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0.0/2.9/3.9% 36/48/60
|
|
Saab 9-3
|
Saab 9-5 |
|
$1,000 or 0.0% 36/48/60
|
|
Chevrolet Corvette
|
Cadillac Escalade |
|
$2,000 or 0.0% 36/48/60
|
| Chevrolet Suburban |
Oldsmobile Bravada |
| Chevrolet Tahoe |
Chevrolet Avalanche |
| Chevrolet TrailBlazer |
Chevrolet Silverado |
| Chevrolet TrailBlazer EXT |
GMC Sierra |
| GMC Envoy |
Cadillac Escalade EXT |
| GMC Envoy XL |
Saturn S-Series* |
| GMC Yukon |
Saturn L-Series* |
| GMC Yukon XL |
Saturn VUE* |
| *Qualified Saturn buyers are eligible
for $2,000 Customer Choice allowance which must be applied to the
downpayment of these 2002 Saturn models. |
|
$2,500 or 0.0% 36/48/60
|
| Chevrolet Cavalier |
Pontiac Sunfire |
| Chevrolet Blazer |
|
|
$2,500 or 0.0% 36/48/60
PLUS $1,000 Bonus Cash
|
| Chevrolet Impala |
Chevrolet Monte Carlo |
|
$3,000 or 0.0% 36/48/60
|
| Chevrolet Camaro |
Pontiac Aztek |
| Chevrolet Prizm |
Chevrolet Astro |
| Pontiac Firebird |
Chevrolet Express |
| Buick LeSabre |
GMC Safari |
| Buick Park Avenue |
GMC Savana |
| Pontiac Bonneville |
GMC Sonoma |
| Oldsmobile Aurora |
Chevrolet S-10 Pickup |
| Buick Rendezvous |
Chevrolet Tracker |
|
$3,000 or 0.0% 36/48/60
PLUS $1,000 Bonus Cash
|
| Chevrolet Malibu |
Oldsmobile Intrigue |
| Oldsmobile Alero |
Buick Century |
| Pontiac Grand Am |
Buick Regal |
| Pontiac Grand Prix |
|
|
$4,000 or 0.0% 36/48/60
PLUS $1,000 Bonus Cash
|
| Chevrolet Venture |
Pontiac Montana |
| Oldsmobile Silhouette |
|
|
$4,000 or 0.0% 36/48/60
|
| Cadillac DeVille |
Cadillac Seville |
| Cadillac Eldorado |
|
|
Following are terms for the enhanced 2003 program
(November 1, 2002 through January 2, 2003):
|
|
Zero, Zero, Zero (for qualified buyers)
|
|
0.0/0.0/0.0%
|
|
Saturn L Series
|
Saturn VUE |
|
0.0/2.9/3.9% 36/48/60
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| Cadillac CTS |
Chevrolet Corvette |
| Cadillac DeVille |
Saab 9-3 Sports Sedan |
| Cadillac Escalade |
Saab 9-3 Convertible |
| Cadillac EXT |
Saab 9-5 |
| Cadillac Seville |
Saturn ION |
|
$2,000 or 0.0/2.9/3.9%
36/48/60 PLUS $1,000 Bonus Cash
|
| Pontiac Grand Am |
Buick Regal |
| Chevrolet Malibu |
Pontiac Grand Prix |
| Oldsmobile Alero |
Chevrolet Venture |
| Chevrolet Impala |
Oldsmobile Silhouette |
| Chevrolet Monte Carlo |
Pontiac Montana |
Buick Century
|
|
|
$2,000 or 0.0/2.9/3.9%
36/48/60
|
| Pontiac Bonneville |
Chevrolet TrailBlazer |
| Buick LeSabre |
Chevrolet TrailBlazer EXT |
| Buick Park Avenue |
GMC Envoy |
| Buick Rendezvous |
GMC Envoy XL |
Oldsmobile Aurora
|
Oldsmobile Bravada |
| Pontiac Aztek |
Chevrolet Suburban |
| Pontiac Vibe |
Chevrolet Tahoe |
| Chevrolet Cavalier |
GMC Yukon |
| Pontiac Sunfire |
GMC Yukon XL |
| Chevrolet Astro |
Chevrolet S-10 Pickup |
| Chevrolet Express |
GMC Sonoma |
| GMC Safari |
Chevrolet Avalanche |
| GMC Savana |
Chevrolet Silverado |
| Chevrolet Tracker |
GMC Sierra |
| Chevrolet Blazer |
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More information is available at www.gmc.com.
Although New-Cars.com checks with auto manufacturers and their representatives to confirm the accuracy of the data, it makes no guarantee or warranty, either expressed or implied with respect to the data presented here. All specifications, prices and equipment are subject to change without notice.
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