GM, a.k.a. Government Motors, is offering members of participating credit unions a discount on their next new vehicle they purchase from GM. To read about the program, click here.
According to the FAQ, an eligible credit union member can purchase vehicles at a preferred price, which is below the MSRP (manufacturers suggested retail price). To qualify for the discount, the member must keep the vehicle for at least 6 months. The program also does not impose any limits on how many eligible new and unused vehicles per year that can be purchased or leased.
Since GM was bailed out by the American taxpayer, is it fair that only credit union members are being given a special price discount?
I don't think so.
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Since big banks, many small banks and the bank insurance fund was bailed out by the American taxpayer. shouldn't all consumers be given a special price discount on banking services?
ReplyDeleteI do think so.
Dear Anonymous:
ReplyDeleteYou deserve this. You were bailed out. You have the Temporary Corporate Credit Union Stabilization Fund. Illegal CLF loans to corporate credit unions. Guarantee of all deposits in corporate credit unions. NCUA saying the without its efforts most credit unions would have bit the dust.
Keith,
ReplyDeleteWho is paying for the TCCUSF and CLF loans??? The credit union system is, not the US taxpayer!! We are taking care of the system ourselves, not the Federal Government..... You deserve this....please!