WSJ: GM offering deep discounts on Saturn, Pontiac - Yahoo! News There goes the resale value on Pontiacs and Saturns, as if they hadn't already been hit badly by the news that the brands were going away.
Yeah, I saw the reports about this on the news yesterday. The first report I saw though did not mention how the vehicles were being sold as used while the others did. That's an important point which should not be left out...
The report I heard on Public Radio said that the full new vehicle factory warranty is in place although the vehicle is sold as "used". If you want a Pontiac or Saturn this sounds like a good deal.
I wonder what part of our post bankruptcy / tax dollars is allowing GM to cut prices. Maybe with all that freshly printed money in their coffers there's really no point in making a profit. Same with their extended warranty. It doesn't matter if the new cars spend a substantial time in the pit getting fixed if the company doesn't pay for it ... rather WE do. I should have worked for AIG. .