Vibe financing went up...

[elkhaze]

strange to see the Vibe financeing from GM is no longer zero for 5 years. Now it is 5.9% for 5 years. Not sure how they can compete with the Matrix.

[kowell]

They went back to the original financing options.When I bought mine it was 5.4% for 4 years and Toyota was 5.9% for 4 years.

[21Rouge]

Quote, originally posted by elkhaze »Not sure how they can compete with the Matrix.Here's how:Maybe you have now seen these full page GM adverts in the major newspapers this past week?Upon purchase of a new eligible 2008 or 2009 model year new General Motors vehicle, you get No Charge Maintenance for 36 months/60, 000 km or 48 months/80,000 km, whichever comes first (depending on the model) A two (2) year OnStar subscription with Directions and ConnectionsA two (2) year subscription for XM Satellite Radio These offers may help someone choose a Vibe over a Matrix?

[21Rouge]

Quote, originally posted by elkhaze »strange to see the Vibe financeing from GM is no longer zero for 5 years. Now it is 5.9% for 5 years. Our 05 Vibe purchased almost 4 years ago was financed at 0% for 3 years. Fast forward to now:I think enough potential buyers of GM cars are holding out for that magical 0% or close to it to return. It is still happening south of the border. And haven't I read bits and pieces re our govt helping to ease the "credit crunch" thereby helping the auto industry and other big ticket purchases. That's got to push such interest rates down this spring.

[jake75]

Quote, originally posted by 21Rouge »Here's how:Maybe you have now seen these full page GM adverts in the major newspapers this past week?Upon purchase of a new eligible 2008 or 2009 model year new General Motors vehicle, you get No Charge Maintenance for 36 months/60, 000 km or 48 months/80,000 km, whichever comes first (depending on the model) A two (2) year OnStar subscription with Directions and ConnectionsA two (2) year subscription for XM Satellite Radio These offers may help someone choose a Vibe over a Matrix? I have not seen these ads. Assume my 1-12-09 purchase would not qualify anyway. And perhaps the "Vibe"s not an eligible vehicle" anyway.It was not an eligiible vehicle for the 0% 60 month financing..

[21Rouge]

Quote, originally posted by jake75 »I have not seen these ads. Assume my 1-12-09 purchase would not qualify anyway. And perhaps the "Vibe"s not an eligible vehicle" anyway.It was not an eligiible vehicle for the 0% 60 month financing..This ad is appearing in Canadian newspapers. And it might be the case that the Vibe is eligible for the free maintenance offer for more than 3 years. For example for the Saturn Astra you get 5 years of maintenance included but not the 2 year OnStar Direction and Connections package. Again it depends on the vehicle but I believe it is 3 years for sure on all 08 and 09 Chevy, Pontiac and Saturn...again for Canada.

[04BlkVibe]

Just checked. 09 vibes are eligible for the 5 yr no charge maintenance or instead..you can opt for the $750 off.

[21Rouge]

Quote, originally posted by 04BlkVibe »Just checked. 09 vibes are eligible for the 5 yr no charge maintenance or instead..you can opt for the $750 off.All else being equal this has got to convince people to choose the Vibe over the Matrix.

[21Rouge]

Quote, originally posted by 04BlkVibe »Just checked. 09 vibes are eligible for the 5 yr no charge maintenance or instead..you can opt for the $750 off.I am surprised that the present value of *5* year no charge maintenance is only $750. 5 years of maintenance for a car is more than just oil changes according to any owner's manual?

[jake75]

The time value of money - $750 in hand today is perhaps $1,000 spread over 5 years.I had my 2003 Vibe for 6 years - spent less than $750 on "maintenance". The owner's manual includes an awful lot of "inspect this, inspect that".

[WaveAction]

i lucked out and got my vibe at 0% finance back in summer of 07 but i think it was a limited time only..maybe a month or 2 of this option

[PMC]

If you read the fine print all that's covered by maintenance is oil changes and inspections. That's it. I suspect if you want synthetic they'll probably charge you extra for that too, so if you do your own oil then it's probably worth taking the $750.It does mean you can actually change your oil every 3 months, which I certainly won't be doing on my own dime.

[21Rouge]

Quote, originally posted by 04BlkVibe »Just checked. 09 vibes are eligible for the 5 yr no charge maintenance or instead..you can opt for the $750 off.If one opts for the cash does one still get the 2 yr XM and OnStar?

[jake75]

5 years = 20 oil changes = $37.50 each. I can buy a 10 oil change card at my dealer for $190 plus 6.75% sales tax. Of course that is $US. Canada would probably be higher and have added VAT.

[good vibrations 09]

Bought mine October of Last year for 0% financing for 5 years.