Buying a new car just got a whole lot better. Today, the Treasury Department announced an innovative new program to give consumers who are considering new car purchases the confidence that even in this difficult economic period, their warrantees will be honored. This program is part of the Administration’s broader program to stabilize the auto industry and stand behind a restructuring effort that will result in stronger, more competitive and viable American car companies.
- You do not have to do anything to receive the U.S. commitment to your warrantee. It is automatic.
- If you buy a new GM (or Chrysler) car during this restructuring period you will be eligible.
- The program will cover the participating manufacturer’s warranty on every new car sold during its restructuring period.
- The full text of the announcement is here.
Also, if you didn't catch the news earlier this month, the administration is trying to boost new car sales and get older, less efficient cars off the road with new tax incentive. The IRS put out a new press release today detailing the tax breaks you can get on a
new vehicle purchase. Read the details
here.
If you've been considering a purchase of a new Buick, Pontiac, or GMC for the last couple months, we hope these new government incentives will motivate you to visit us at Braley and Graham and see if we can help you. Give us a call or take a walk through our
digital online lot.
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