GM Canada has announced that effective November 8th, 2007, new measures will be in place augment already competitive lease and finance rates on their new products. The American carmaker hopes to build on strong October sales and a hot new vehicle lineup with added value including a tax reduction, cash incentives and an interesting new contest event.
Effective now, GM Canada will cover a 1% reduction in GST for cash and finance customers until the new GST rate kicks in on January 1st, 2008. Cash incentives ranging from $1,500 to 10,000 will also be available on select models including the Escalade, Yukon, Corvette and all Saab products.
Additionally, a "Wish and Win" event allows customers the chance to win a new car, or up to $10,000 towards its purchase.
"Coming off our strong October sales increases, we are moving beyond our great lease and finance rates to offer GM customers even greater value," said Marc Comeau, GM of Canada's vice-president of sales, service, and marketing. "We know consumers have been focused on the high Canadian dollar so we are going to continue to show them that the best value on the industry's best vehicles can be found at their local GM Canada dealership."
photo:General Motors
Effective now, GM Canada will cover a 1% reduction in GST for cash and finance customers until the new GST rate kicks in on January 1st, 2008. Cash incentives ranging from $1,500 to 10,000 will also be available on select models including the Escalade, Yukon, Corvette and all Saab products.
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| 2008 Saab 93 SportCombi |
Additionally, a "Wish and Win" event allows customers the chance to win a new car, or up to $10,000 towards its purchase.
"Coming off our strong October sales increases, we are moving beyond our great lease and finance rates to offer GM customers even greater value," said Marc Comeau, GM of Canada's vice-president of sales, service, and marketing. "We know consumers have been focused on the high Canadian dollar so we are going to continue to show them that the best value on the industry's best vehicles can be found at their local GM Canada dealership."
photo:General Motors