Unfortunately, Pontiac, Saturn, and Saab have been sent to the automotive graveyard. But not all is lost, since the many Saturn and Pontiac fans will be able to take advantage of huge discounts on remaining dealer inventories.
General Motors may allow dealers to sell new vehicles from both brands as used cars that carry large discounts. Obviously GM wants the remaining late-model vehicles off dealer lots and dealers are desperate to get rid of them. GM is also offering zero percent financing to buyers trading in a Toyota model. The combination of these offers equates to serious savings on a brand new car.
General Motors is offering Saturn and Pontiac dealers $7,000 dollars in cash for each vehicle they sell. Dealers can choose whether to pass this incentive on to consumers fully or in part. We’re assuming most of this money will end up as cash on the hood since consumers are reluctant to buy into brands that no longer exist. That said, there is very little reason to be worried about buying a vehicle from any one of these marques, as vehicles will still be covered under manufacturer warranty and use parts present in other GM vehicles, which should eliminate many concerns most people will have about buying Saturn and Pontiac cars.
Want a new Saturn or Pontiac with cash on the hood? Then run (don’t walk) to your local Saturn and Pontiac dealer!