The new Premium Automotive Financial Service Plan provides deep savings when financing a new Cadillac vehicle, and rolling the purchase price in with required stolen-vehicle insurance. In China, insurance must be purchased separately of the new car, but this latest plan allows financing and OnStar coverage to check off the needed requirements to own a vehicle in the country.
For example, using a three-year financing plan to purchase a new Cadillac ATS-L, which is priced at approximately RMB 300,000 ($46,968), customers would have to spend RMB 5,200 ($814) for stolen vehicle insurance. Combined with a two-year OnStar service package, which is priced at RMB 2,176 ($341), customers would have to pay a total of RMB 7,376 ($1,155). Customers can now get the same insurance benefits and OnStar service for just RMB 4,988 ($781), saving RMB 2,388 ($374).
Since the program’s introduction last month, 100 Cadillac buyers have taken advantage of the creative solution to keep their vehicles road worthy in the country.