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| Home > General > Total Confidence: Vehicle Value Protection |
| Total Confidence: Vehicle Value Protection | | Date Created: Apr 03, 2009, 02:43 PM |
I have had a lot of questions, on this program. Here is how it breaks down:
Purchase any eligible new 2008, 2009 or 2010 GM vehicle from Suburban Collection from April 1, 2009 through April 30, 2009. Only Saab vehicles are excluded.
Then, make your loan payments for at least half of the original term. After that, if you want to buy another GM vehicle, just compare your principal loan balance (not including interest or any refunds on other products/services that were part of your vehicle loan) to the NADA clean retail price for your vehicle. If you owe more than the vehicle is worth, Vehicle Value Protection will help make up the difference.
If you trade your vehicle in to Suburban and pay off the loan, you can recover the difference up to $5,000. If you sell your vehicle in a private sale and pay off the loan, you can recover the difference up to $2,500.
If your original vehicle loan was for more than 110% of the vehicle MSRP, Vehicle Value Protection won't cover the excess. Maximum Finance Term: Up to 72 months.
If you want to read all of the detailed terms and conditions of this program, simply click on the link on this page, which leads to a sample set of terms and conditions for the program. This summary description is not intended to vary the Terms and Conditions themselves. In the event of any conflict between the language above and the Terms and Conditions themselves, the Terms and Conditions shall control. |
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