GM to Cap Gasoline Prices in Calif., Fla. at $1.99
Since people aren’t buying a lot of GM’s gas guzzlers, GM’s marketing team has hit on a novel way to entice customers in California and Florida to buy certain vehicles by July 5th.
One caveat is that customers must also agree to enroll in the OnStar vehicle diagnostic service, which is free for the first year but after that will cost $16.95 a month. Each month for one year, GM will give drivers a credit on a prepaid card based on their estimated fuel usage. Fuel usage will be calculated by the miles they drive, as recorded by OnStar, and the vehicle’s fuel economy rating.
In California, eligible vehicles are the Chevrolet Tahoe and Suburban sport utility vehicles and Impala and Monte Carlo sedans; the GMC Yukon and Yukon XL SUVs; the Hummer H2 and H3 SUVs; the Cadillac SRX SUV; and the Pontiac Grand Prix and Buick LaCrosse sedans. In Florida, eligible vehicles are the Impala, Monte Carlo, Grand Prix and LaCrosse.
It works out to a saving of about $100/month if you drive 1000 miles/month. So its basically a $1200 incentive. BIG DEAL!
If you found this post helpful, consider donating to my coffee fund!![[del.icio.us]](http://images.del.icio.us/static/img/delicious.small.gif){kind=small}
- A More Expensive Alternative To Gas [& How To Profit From It] The Miami Herald reports that Washington has embraced an alternative to $3-a-gallon gasoline -- $4-a-gallon ethanol.That's the cost of this federally mandated fuel additive, when you take everything into account. Ethanol, produced mostly from Midwestern corn, currently wholesales for more than $3 a gallon.And that's the Midwest price -- ethanol......
- CPI reveals that except for everything going up in price, there is no inflation Here's a great post from The Big Picture on the Consumer Price Index.Its so funny, I'm reproducing the whole post.CPI reveals that except for everything going up in price, there is no inflationOriginal: "Consumer prices surged last month on higher energy and food costs but underlying price pressures remained largely......
- Monthly Passive Income Crosses $2,000 Mark! I've finally broken the $2,000/month in passive income! Passive income for February 2008 was $2,383.55. Not bad considering I wasn't even in the country! Here's the breakdown: Online Income: $$1399.29 Adsense: $416.22 Linkworth: $221.99 TLA: $95.87 Kontera: $51.36 Affiliate: $83.85 Prosper Referrals: $100 Direct Ads: $430 Savings Accounts: $138.43 Real......
Related Websites
- My AT&T Savings I've been making a conscious effort not to worry about every last penny (hence the name of the blog) and instead tackle large recurring charges. The most success I've had has been with AT&T. To show how much we have saved, here's a breakdown of how much we pay and......
- Automotive Stimulus Plan You've most probably heard about the cash for clunker program that the US program created to help consumers get environment-friendly cars. The program is good but leaves out a good portion of the market. To solve that problem, private dealers came out with a solution - the Automotive Stimulus......
- Why Drive a Diesel Vehicle? One of the fads that seem to be sweeping the nation right now is to drive a diesel hybrid vehicle. But many people are beginning to ask what the real benefits are of driving a diesel vehicle at all. The following is a list of benefits that are associated with......
[All content is copyright of Living Off Dividends & Passive Income]
Leave a Reply