Love It/ Leave It Program - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

Smokye · 09-20-2012, 11:29 PM

Just curious did anyone actually take this offer over the $500 and why?? If so did anyone return there car during this entire event??

06_warrior · 09-20-2012, 11:38 PM

I already bought a 2012 V6 and traded it for a 2012 SS. I knew i was keeping the car so i took the xtra $500.00 off on the deal. Every bit helps

2013Ashen2SSRS · 09-21-2012, 12:36 AM

My salesman never told me about this offer, just that I was getting $500 off or something like that, so I figured it was the current incentive. Had he told me about the love it or return it deal then I would have taken that and then probably truned in my SS and upgraded to the ZL1. No turning back now, though I still love my SS. I think it would have been a better outcome for the dealer had the salesman told me about that deal and not just $500 off.

2013Ashen2SSRS · 09-21-2012, 12:38 AM

I guess it is my fault for not knowing the current incentives when I walked in the door...I can tell you next time I will do my homework better!!

06_warrior · 09-21-2012, 12:57 AM

Quote:

Originally Posted by 2013Ashen2SSRS

I guess it is my fault for not knowing the current incentives when I walked in the door...I can tell you next time I will do my homework better!!

I didn't know anything going to the dealer. I looked on line and seen my car at a dealer 30 miles away cuz the dumas dealership i bought my V6 from in my town, well put it this way

. When i went to the dealer that had my SS it was on a paper with the $500.00 off hanging from the rear view mirror. Other than that i probably wouldn't of even known about it.

Smokye · 09-21-2012, 01:09 AM

I went with the love it/ return it deal instead of the $500.. When I told this to the finance manager he blew a gasket and didn't have a clue how it worked. After 2hrs of phone calls begging for help he finally "figured it out".

MiracleAces · 09-21-2012, 09:55 AM

I dont know why anyone (who was properly informed of course) would skip the $500 for the Love it or Return guarantee. You have to jump through a number of hoops to return the vehicle and you lose A LOT of money doing so. You do not get back the processing fee or the taxes. GM considers the vehicle being returned as used (they compensate the dealership who now sells the vehicle as used) so the goverment considers the sale as complete - you lose your taxes. If you were flipped on your trade in - you must also pay the negative difference to the bank first and you wont get your trade in back. That's just a few issues... not worth it in my opinion.

PsychoZL1 · 09-21-2012, 10:12 AM

Quote:

Originally Posted by MiracleAces

You have to jump through a number of hoops to return the vehicle and you lose A LOT of money doing so. You do not get back the processing fee or the taxes. GM considers the vehicle being returned as used (they compensate the dealership who now sells the vehicle as used) so the goverment considers the sale as complete - you lose your taxes. If you were flipped on your trade in - you must also pay the negative difference to the bank first and you wont get your trade in back. That's just a few issues... not worth it in my opinion.

I knew there was a gimmick to that program! Glad I didn't do it.

Smokye · 09-21-2012, 10:26 AM

Quote:

Originally Posted by MiracleAces

I dont know why anyone (who was properly informed of course) would skip the $500 for the Love it or Return guarantee. You have to jump through a number of hoops to return the vehicle and you lose A LOT of money doing so. You do not get back the processing fee or the taxes. GM considers the vehicle being returned as used (they compensate the dealership who now sells the vehicle as used) so the goverment considers the sale as complete - you lose your taxes. If you were flipped on your trade in - you must also pay the negative difference to the bank first and you wont get your trade in back. That's just a few issues... not worth it in my opinion.

I paid $40,200 for my car if returned I would get $38,900 yeah you'll lose a little but not to much.

woodj · 09-21-2012, 10:43 AM

Quote:

Originally Posted by Smokye

I paid $40,200 for my car if returned I would get $38,900 yeah you'll lose a little but not to much.

So you would have lost $1300 for a two month rental? Is that correct?

Seems like if you weren't sure about buying a particular model you could rent one for a week and make up your mind.

Smokye · 09-21-2012, 11:06 AM

Yup I didn't know how to drive stick when I bought it so I wanted to be safe. Im guessing That's about what it would cost to rent a camaro for 2months actually cheaper...

woodj · 09-21-2012, 11:50 AM

Quote:

Originally Posted by Smokye

Yup I didn't know how to drive stick when I bought it so I wanted to be safe. Im guessing That's about what it would cost to rent a camaro for 2months actually cheaper...

Well we all do things that some people would call dumb I guess so $1300 wouldn't be a terrible amount. I bought my wife a 2011 V6 and she decided it was too big for her and I didn't want to drive a V6. I took a $4000 bath when I traded it in on my SS convertible. But I'm happier driving the SS and I would not have driven the other one.

RJTV6A · 09-21-2012, 12:49 PM

I heard that about 1% of people that took the Love it or return it program actually returned the car.

So of the few that took that option only a tiny amount actually brought the car back. Not bad if it helped sway a small % into a GM product they were slightly unsure about.

Go to the car rental place and try to rent a Camaro for a week. I'll betcha it would be close to a g note.

woodj · 09-21-2012, 12:53 PM

Quote:

Originally Posted by RJTV6A

I heard that about 1% of people that took the Love it or return it program actually returned the car.

So of the few that took that option only a tiny amount actually brought the car back. Not bad if it helped sway a small % into a GM product they were slightly unsure about.

Go to the car rental place and try to rent a Camaro for a week. I'll betcha it would be close to a g note.

That would be $142 a day. I hope that you could do a lot better than that.

09-20-2012, 11:29 PM	#1
Smokye Drives: 2013 SW 2SS/RS M6 Join Date: Aug 2012 Location: Sumter, SC Posts: 385 View My Garage	Love It/ Leave It Program Just curious did anyone actually take this offer over the $500 and why?? If so did anyone return there car during this entire event??

09-21-2012, 09:55 AM	#7
MiracleAces Drives: 2011 Black Camaro 2SS/RS Coupe Join Date: Jul 2011 Location: Sterling Virginia Posts: 317	I dont know why anyone (who was properly informed of course) would skip the $500 for the Love it or Return guarantee. You have to jump through a number of hoops to return the vehicle and you lose A LOT of money doing so. You do not get back the processing fee or the taxes. GM considers the vehicle being returned as used (they compensate the dealership who now sells the vehicle as used) so the goverment considers the sale as complete - you lose your taxes. If you were flipped on your trade in - you must also pay the negative difference to the bank first and you wont get your trade in back. That's just a few issues... not worth it in my opinion. __________________ "Being persistant and never giving up may not always get the job done, but it just may annoy someone else enough to make it worth your while."

09-20-2012, 11:38 PM	#2
06_warrior Drives: 2012 1SS LS3 M6 black on black :) Join Date: May 2012 Location: SD Posts: 1,342	I already bought a 2012 V6 and traded it for a 2012 SS. I knew i was keeping the car so i took the xtra $500.00 off on the deal. Every bit helps

09-21-2012, 12:36 AM	#3
2013Ashen2SSRS Drives: 2013 Ashen 2SS RS Join Date: Sep 2012 Location: Wyoming Posts: 15	My salesman never told me about this offer, just that I was getting $500 off or something like that, so I figured it was the current incentive. Had he told me about the love it or return it deal then I would have taken that and then probably truned in my SS and upgraded to the ZL1. No turning back now, though I still love my SS. I think it would have been a better outcome for the dealer had the salesman told me about that deal and not just $500 off.

09-21-2012, 12:38 AM	#4
2013Ashen2SSRS Drives: 2013 Ashen 2SS RS Join Date: Sep 2012 Location: Wyoming Posts: 15	I guess it is my fault for not knowing the current incentives when I walked in the door...I can tell you next time I will do my homework better!!

09-21-2012, 01:09 AM	#6
Smokye Drives: 2013 SW 2SS/RS M6 Join Date: Aug 2012 Location: Sumter, SC Posts: 385 View My Garage	I went with the love it/ return it deal instead of the $500.. When I told this to the finance manager he blew a gasket and didn't have a clue how it worked. After 2hrs of phone calls begging for help he finally "figured it out".

09-21-2012, 11:06 AM	#11
Smokye Drives: 2013 SW 2SS/RS M6 Join Date: Aug 2012 Location: Sumter, SC Posts: 385 View My Garage	Yup I didn't know how to drive stick when I bought it so I wanted to be safe. Im guessing That's about what it would cost to rent a camaro for 2months actually cheaper...

09-21-2012, 12:49 PM	#13
RJTV6A Drives: 69 Camaro I6 no prob,11 V6 big prob Join Date: Dec 2011 Location: New Jersey Posts: 475 View My Garage	I heard that about 1% of people that took the Love it or return it program actually returned the car. So of the few that took that option only a tiny amount actually brought the car back. Not bad if it helped sway a small % into a GM product they were slightly unsure about. Go to the car rental place and try to rent a Camaro for a week. I'll betcha it would be close to a g note.