GM Tightens Its Belt on New Chevrolet Discounts

GM announced a few changes to its discount programs as of Oct. 1, 2015. Here’s what you need to know…

1. Current GM Formula Pricing Programs, including Employee, Military, College, Supplier and Educator, are moving to a calendar year basis. These programs run from Oct. 1, 2015, through Jan. 4, 2016. They are scheduled for renewal on Jan. 5, 2016, through Dec. 31, 2016.

2. Credit Union Program, which offered a $750 rebate to credit union members, ended Sept. 30, 2015, and will not be renewed. However, CUP authorizations obtained prior to Oct. 1, 2015, will be honored through their expiration date. Members must present authorization code to receive the discount.

3. The GM Credit Union Discount, which offered GM Supplier Pricing to credit union members, ended as of July 15, 2015. However, GCU authorization codes obtained through July 14, 2015, are valid for six months toward the purchase or lease of an eligible new Chevy.

3. USAA Program, which offered a $750 rebate to members of USAA, ended Sept. 30, 2015, and will not be renewed.

4. GM Supplier Employee Program code changed from GSU to GSP. All authorization codes issued under the old GSU code name will be honored through the expiration date and will not require proof of eligibility. However, under the new GSP program code, employees of supplier companies will be required to show proof of eligibility by providing a copy of a Company ID badge or a current paystub.

5. GM Supplier Discount for Friends Program code will be known as GSF. This incentive code will not require proof of employment or eligibility. GM employees/retirees can give one GSF discount away to one person each month. An employee of a GM Supplier can share their discount with one other person if they have used their discount to purchase or lease a new Chevy for themselves within one year.