General Motors announces 5 year / 100,000 mile powertrain warranty 0 deductable

[Gregory OConnor]

The car companies should look around and see that everyone has a new
car. All the programs 0%, 7 year finance and low interest rates put new
steel in every driveway. I was thinking about trading in my Vega or
the Maverick. I stopped in to look at a GeoMetro and asked the
salesRep about the Zero Interest plan they advertise. After running my
credit the finance manager handed me back the paperwork and said "We
have zero interest in selling you a car. WELL! I think I'll wait to
see the next round of "tell us what we need to do to get your
business". What will they do when they run out of new buyers? May be
the will then ask me to come back with my trade-in.

500 thousand mile powertrain warranty is a good thing to do to attract
confidence in product. This is something no one will ever use so it
should be a 1 million mile PTW. My brother buys a new Benz every 3 to
4 years I asked him why he always gets a Benz, he said "Damn cars last
forever". Rich people will repeat anything to justify a purchase.

Gregory O'Connor
94ptRomolandCa