I’ve had a GM Rewards Card for a few years now, which gives me 5% rewards points with each purchase that go towards a new GM vehicle purchase or lease. In the short time I actually used the card, I amassed around $650. I didn’t get to use it when we bought our Chevy Malibu in 2005 because I was able to use my employer’s supplier discount, so it’s just been hanging out since then. And I haven’t used the card since August 2006 (just checked my credit report).
But today I got a letter from the kind GM people stating they “Topped Off” my earnings to a full $2000. That means I can use that $2000 plus any other rebates/dealer incentives on most GM vehicles, but only if I buy before Jan 31st.
But you know what? I’m not biting! I get that urge to buy something new around this time every year, but this time, GM just doesn’t have anything that makes me want to trade in the Ridgeline. The Buick Enclave/Saturn Outlook have potential, but Saturn is excluded from this deal.
So what does this mean? Well, it means I’ll probably just cancel the GM card and say bye-bye to those rewards. I really can’t see myself 1) buying a new car in the next couple years or 2) buying a GM car in the next couple years. I’m not an American car basher, I just haven’t had good experiences with our own GM cars or rentals including Chevy, Buick, and Pontiac. I expect GM will be a player again, but not within 3-5 years. The only one with promise is Saturn right now.
Oh, so this also means that 2008 might be only the 3rd year in the last 8 that we haven’t bought a car! Here’s our history:
2000: Saturn L300 (my first car)
2001: Acura TL Type S
2004: VW Passat GLX
2005: Chevrolet Malibu
2006: Honda Ridgeline
2007: MINI Cooper (first used car I’ve bought!)
2008: Wait and see!
So GM, thank you for your offer, but keep trying a little harder to prove and improve your reliability, build quality, fuel economy, and general styling appeal of your vehicles, and then I’ll reconsider. For now, I’ll stick with my Honda truck.
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