General Motors Slashes Pontiac And Saturn Prices: G3 Falls To $7,335!

General Motors Co. is offering deep discounts on its remaining Saturn and Pontiac vehicles as it looks to move the leftover inventory of the soon-to-be-dead brands, according to a published report.

The automaker will pay dealers $7,000 for every new Saturn or Pontiac left on their lot if the vehicle is moved to dealer-operated rental or service fleets, according to The Wall Street Journal, which cited a letter mailed to dealers. This allows the dealers to sell the cars and trucks to consumers at a discount, although the vehicles would be labeled as used because the dealer would technically be the first owner.

The offer expires Jan. 4, according to the newspaper. GM spokesman Tom Henderson confirmed the details of the incentive plan Tuesday.

"That was the purpose of the programs - to help dealers reduce those inventories," he said.


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bfghemicuda - 12/29/2009 11:31:55 AM

-3 Boost

My first concern would be warranty time and parts availability. I personally keep my vehicles a while. They should keep the discount and offer a buy one get one free.

Agent009 - 12/29/2009 11:41:19 AM

+2 Boost

GM will still back the warranty just like they did for Oldsmobile when they closed it.

WorldofLuxury - 12/29/2009 1:53:00 PM

0 Boost

If they could make it a little cheaper... I'd buy one just for the heck of it - maybe remove the hood and the rear hatch. Heck, it would be more reliable than a kit car, and it sure would be fun. Most importantly, it would still be legal in all 50 states.

no1listensanyway - 12/30/2009 10:48:34 AM

+1 Boost

Derove away with a loaded Aura yesterday, with 8k off the sticker. What a steal, thank you US Government!