Yea the dealer i bought from mentioned fall at the earliest to expect any incentives from the manufacturer. But yes, same concern if the factory shut down again then it'll be delays all over which is one reason i sucked it up and agreed to sticker... which i absolutely NEVER have done in my life and never thought I would!
I normally wouldn't talk financials but I guess it might be helpful for you and others on what the offered rates are looking like in this unique economic time:
Selling Price: 79k
Total after TTL: ~86k
Down Payment: 35k
Amount Financed: 51k
Loan Terms: 2.69% for 72 months (w/ 800+ credit score)
Monthly Payment: ~$760/month
GM Financial seems to be offering very favorable rates. I was pitting 2 dealers against each other, none would budge on MSRP however they were countering each other on what they could get me on financing. The other dealer actually got me down to 2.29% at 72 months however the vehicle was short a few options so I passed. The down payment may have contributed to the loan being a highly equity positive deal for the bank along with a lowered amount financed so that may have helped knock the APR down some. The first rate quoted to me was 3.89% at 72... I even asked the finance guy what his buy rate was and he told me 3.69% which was total BS. So in a few hours worth of counter offerings and waiting for replies APR went from 3.89% to a potential 2.29% which is huge over the length of the loan. All in all, with rates for borrowing from the government being at all time lows, it seems like GM Financial is being pretty competitive during this economic time to get cash rolling in with pretty fair APR rates.
