I see where they’re going to offer 0% financing over 72 months.
So on those sales, the revenue will be inflation neutral while costs continue to go up....not good.
This proposal, which is a reversal of a policy enunciated just a few months ago, is a desperation move. They gotta move the metal. They bet heavily on trucks and SUV's as perpetual cash cows and now they are paying the price for their mistake.
Let me know when the rates go negative.
I’ll buy a GM SUV at a -25% / 72 month APR.