Detroit, Michigan – General Motors has announced a new plan, GM Total Confidence, which will protect its customers’ paycheques, investments, vehicle and family, the automaker said.
“Our Total Confidence plan is an unprecedented offer that reinvents the ownership experience in an extremely positive way,” said Mark LaNeve, vice-president of GM North America Vehicle Sales, Service and Marketing. “Unlike other programs out there, GM Total Confidence provides comprehensive coverage for new vehicle owners, from protecting their new vehicle investment to protecting their family’s income. GM Total Confidence provides customers peace of mind in uncertain times.”
The plan provides up to nine months of payments on vehicle loans or leases to those who lose their jobs for economic reasons; halfway through the financial contract, the customer qualifies for vehicle value protection, to protect against uncertainty in the future used car market; a transferable powertrain limited warranty; and one year of OnStar Safety and Security package. The plan is available from April 1 to April 30, 2009.