does anyone know exactly what percent the GM employees get off of their cars? because i can't find an exact percentage number to make sure im gettin the best deal possible.

Well for one there isnt a set % on any real car, it varries from car to car, and for two the discount no longer applies to the GTO if thats what you were planning on getting. You can check how much you should be getting off at the brands website.

I hope you already got your GTO on the employee discount program because, if not, you're too late. Like the Corvette, the GTO is now excluded from the program. :(

now you guys are saying they are excluded because the deal FOR EVERYONE is over right? My family actually does work for GM and i want to make sure i am still eligible for the discount when i get ready to buy mine in a few weeks

Well the deal was extended to sept 5th. But the GTO and Vette are excluded from everyone. However since you actually DO work for GM you may get a discount, but im not certain.

I'm a GM employee, and I know the GTO was included in the employee discount, but I believe I heard recently that it has been made ineligable (even for actual employees).

I would go to the gmfamilyfirst website (where you request your purchase certificates) to check if it is included anymore.

Steve

well i went to the gmfamilyifrst website and i clicked on vehicle eligibility and there were 2 columns. one said PEP and the other said GMS, i dont know what either of these means but for the GTO it said yes for PEP and no for GMS. anyone tell me what this means?

GMS is the employee discount price.

Steve

so that means even though i am eligible for the gm employee discount price when the whole incentive thing is NOT going on, i can no longer use it buy a GTO? or am i incorrect, what does the PEP column indicate?
Correct me if im wrong but right now i am under the impression that NO ONE can get a GTO for the GM employee price... god i hope im wrong

my grandpa worked for GM and I got the family discount on the GOAT. Should be no reason that you cant. Just go through the family 1st site and you should get hooked up.

If you don't see progress on the discount, let me know. I'll call u personally and help u out.

As for the discount, i think they recently discontinued it. I have a few hurdles to jump before i can buy one anyway, i.e. still in iraq, may be coming back to iraq again, will still be in the army, dont know where im living or workin when i get out. so i think im gonna wait n buy one late 06 when the 07s are out and i can order one, ill be gettin out of the army then. This way, maybe the styling will be a bit more aggressive, i can get the exact one i want, and it will prob have more horses and torque. But i will still check in to it, if i can get the discount and find the exact one i want, i may just do it. If i do, ill let you know i need help. Thats why i love this board, i dont even know you and you're gonna help me out! <--a little gay moment there for ya

I just checked. The GTO is still available to be purchased under the Employee Discount Plan (I'm talking about actual employees here - it's still not included in the Employee Discount for Everyone deal). The only thing special with the GTO is it requires you to keep the vehicle for a minimum of 2 years instead of the normal 6 month minimum.

Here are the 2006 numbers :

Pontiac GTO Coupe : MSRP $32,295.00 Employee Price $28,656.08 Destination$700.00

Options
MN6 6-speed manual transmission : MSRP 695.00 Employee Price $556.00

Gas Guzzler Tax (Auto transmission only) : $1,300.00 (Same for Employee Price)

N87 18" 5 Spoke Aluminum Painted Wheels with Summer Only Tires : MSRP $495.00 Employee Price $396.00

That's it.

Steve

salbracht you are the man!! i was so convinced it wasnt eligible, but now im probably gonna pick one up. Thanks for all the help, now all i gotta do is find out when the 06's can be ordered, and more importantly, when they will be delivered

The only thing special with the GTO is it requires you to keep the vehicle for a minimum of 2 years instead of the normal 6 month minimum.


I've heard something like that before. That just cracks me up. So if a GM employee gets this deal and pays cash up front for the total price, what actually would happen if they sell or trade the GTO before this 2 year period.

Are some GM goons going to come to their door and rough them up? :rolleyes:

The only thing I could guess they could actually do is not offer another GMS price on another vehicle if it hasn't been 2 years yet.

It just seems ridiculous if you ask me. Frankly why would GM care if someone bought a car for GMS every 3 months for that matter? It would be making them money. Just stupid if you ask me. That's not aimed at you Steve but GM. :)

I bought my '05 GTO M6 in June when GM Employee Discount pricing was available on it for everyone.

The MSRP was $33,690.00, and the GM Employee price was $30,293.23, resulting in a discount of about 10.1 percent based on the MSRP.

Originally posted by Orbit Orange@Aug 13 2005, 08:30 PM
The only thing special with the GTO is it requires you to keep the vehicle for a minimum of 2 years instead of the normal 6 month minimum.


I've heard something like that before. That just cracks me up. So if a GM employee gets this deal and pays cash up front for the total price, what actually would happen if they sell or trade the GTO before this 2 year period.

Are some GM goons going to come to their door and rough them up? :rolleyes:

The only thing I could guess they could actually do is not offer another GMS price on another vehicle if it hasn't been 2 years yet.

It just seems ridiculous if you ask me. Frankly why would GM care if someone bought a car for GMS every 3 months for that matter? It would be making them money. Just stupid if you ask me. That's not aimed at you Steve but GM. :)
They have the option of suspending the GMS privledges of you, or whoever the employee/retiree was you you qualified through for your GMS purchase

As for the time limit, this has been around forever for real GMS buyers. The thinking is that GM would rather sell cars closer to sticker, rather than wholesale them to you so you can turn around and make profit on them.

The thinking is that GM would rather sell cars closer to sticker, rather than wholesale them to you so you can turn around and make profit on them.


And that is where the fallacy lies in GM's thinking.

Firstly, even if you buy a car for GMS, you aren't going to turn around and sell that car for a profit. The second it leaves the lot, it's worth thousands less than what you paid for it.

Secondly, and bear with me on this one, if I buy a new car from GM at GMS every 3 months, (let's assume I'm paying the whole GMS price with cash) GM will be making 8 times as much money over a 2 year period than they would if you only bought one every 2 years. Just think about it. For simplicity's sake let's say GM makes 1000 dollars profit on a vehicle sold at GMS. If I buy a car at GMS every 3 months (yes I know noone does that) over the course of 2 years GM will have made 8000 dollars from me (8 cars @ 1000 bucks each profit). If I buy 1 car at GMS over 2 years GM makes a measley 1000 bucks off me.

I'm probably oversimplifying this but in principle I am correct. Sure GM would have to draw the line somewhere, let's say 3 months since I'm using it as an example. It's just stupid. They could set up better guidelines to prevent abuse of this system. Where is the sanity in punishing someone who wants to buy a car by telling them they cant for such a "long" period of time? It just makes no sense to me and unless someone can explain how GM can be hurt by selling MORE vehicles over LESS vehicles I'll consider this plan :bs:

I agree 100% !

You just proved my point, in that 2 year period, you would have stolen 8 customers from GM, who I guarantee you would have made GM alot more profit than $1000 per car.

8 GTO's sold to you at $1000/per =$8000
8 GTO's sold to general public at, say, $2000-$4000/per= $16,000-$32,000.

See the difference to GM? Hence, the minimum time limit.

And before anyone says anything about those 8 customers were buying used and not in the market for new....if they're buying a 3 month old car of the current model year, they are in the market for a NEW car, whether the car purchased is new or used. If you were dealing in a car a few years old, sure, but not a GMS car sold 3 months after purchase.

I think the idea was that way you can't buy the car for someone else, and thus make a business of undercutting their dealers.

I wish the still had GMS price going? How mant 05's are out there....?

Wonder if they will bring it back to clear out the last of them?