Vehicles Returned under GM 60-Day Guarantee Less Than 1%
By Michelle Krebs October 28, 2009Less than 1 percent of the vehicles bought under General Motors' 60-day moneyback guarantee program have been returned.
Susan Docherty, GM's vice president of U.S. sales, said 142,000 vehicles have been sold under the program with 449 customers opting for the guarantee instead of the $500 cash rebate. Of those, four have returned their vehicles and gotten their money back on a Chevrolet Equinox, Chevrolet Tahoe, Chevrolet Malibu and Chevrolet Silverado. In total, 49 customers, including the four that already have returned their vehicles, are in the process of a return or exchange, she said.
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I gues the Equinox is the one that came back at our dealership. It was an impulse purchase that the fellow couldn't afford. I think a poor driving record and high insurance was a factor. He ended up in a used car like he should have done in the first place.
thanks for sharing your story
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