How much is the GM Friends and Family Discount?
The General Motors (GM) Friends and Family discount has been a popular topic among car buyers for years. This special offer is designed to incentivize current GM owners and employees to refer new customers to the dealership. But how much exactly is the GM Friends and Family discount, and is it worth the effort to take advantage of it? Let’s dive into the details.
The GM Friends and Family discount varies depending on the model, the time of year, and the specific dealership. Generally, the discount ranges from $500 to $1,000 off the MSRP (Manufacturer’s Suggested Retail Price) of a new GM vehicle. However, there have been instances where the discount has been as high as $2,000 or more.
To qualify for the discount, you must be a current GM owner, lessee, or employee, or the immediate family member of one. This means that if you have a friend or family member who fits into one of these categories, they can refer you to the dealership and you can receive the discount.
It’s important to note that the GM Friends and Family discount is not available on all models. Typically, it is offered on popular models such as the Chevrolet Silverado, GMC Sierra, Buick Enclave, Cadillac Escalade, and more. However, certain models, like the Chevrolet Bolt EV and GMC Hummer EV, may not be eligible for the discount.
Another factor to consider is the time of year. GM often offers the Friends and Family discount during specific promotions, such as the end of the model year or during holiday sales events. These promotions can result in higher discounts, so it’s essential to keep an eye out for these opportunities.
To take advantage of the GM Friends and Family discount, you’ll need to provide proof of your eligibility at the time of purchase. This could be a current vehicle registration, lease agreement, or employment verification. Once you’ve provided the necessary documentation, the dealership will apply the discount to your new vehicle’s purchase price.
In conclusion, the GM Friends and Family discount can be a significant savings opportunity for eligible customers. While the discount amount varies, it typically ranges from $500 to $1,000 off the MSRP of a new GM vehicle. To maximize your savings, keep an eye out for promotional periods and ensure you have the necessary documentation to prove your eligibility.
