GM Certified Used Vehicles Offers Nationwide GMAC Rate Incentive Financing on Select Models

DETROIT, 2008-07-01 – GM Certified Used Vehicles, the industry’s top-selling manufacturer-certified used vehicle brand*, today announced a nationwide GMAC rate incentive program on select GM Certified Used Vehicles, including Chevrolet Impala and Chevrolet Malibu models.

2008 Chevrolet Impala

The new rate incentive offer, effective July 1, 2008, through September 30, 2008, provides well-qualified GM Certified Used Vehicles buyers with 2.9% APR financing for terms up to 48 months, or 3.9% APR financing for terms up to 60 months from GMAC Financial Services on 2003-2008 models of Chevrolet Impala and Malibu** vehicles purchased from participating GM Certified Used Vehicles dealers.

Well-qualified customers also can receive GMAC 4.9% APR financing for terms up to 60 months on 2003-2008 models of Chevrolet Trailblazer, Tahoe** and Suburban; GMC Envoy, Yukon** and Yukon XL; Pontiac G6; and Buick Lacrosse vehicles at participating GM Certified Used Vehicles dealers.

“In these challenging economic times, value-conscious shoppers can receive new vehicle-like finance rates on some of our most popular GM Certified models,” said Paul Pejza, manager, GM Certified Used Vehicles. “The purchase of a GM Certified Used Vehicle provides them the peace-of-mind assurances and outstanding value that come with purchasing a fully inspected and reconditioned used car or truck backed by the dealer and General Motors.”

A monthly payment at 2.9% APR financing for 48 months is $22.09 for every $1,000 financed. A monthly payment at 3.9% APR financing for 60 months is $18.37 for every $1,000 financed. A monthly payment at 4.9% APR financing for 60 months is $18.83 for every $1,000 financed. Average example down payment is 10 percent. Some customers will not qualify. Not available with other offers. Customers must take delivery from participating GM Certified Used Vehicles dealers by September 30, 2008. See dealer for details.

Consumers can go to gmcertified.com to find out more about GM Certified Used Vehicles, locate the closest GM Certified dealer, or search the industry’s largest available certified pre-owned inventory, with 60,000-plus vehicles in inventory.

About GM Certified Used Vehicles

GM Certified Used Vehicles, the auto industry’s number-one selling manufacturer-certified brand*, are high-quality, reconditioned vehicles, available at participating Buick, Chevrolet, Pontiac and GMC dealers. All models are six years old or newer, have 60,000 miles or less, are reconditioned to stringent GM Certified Used Vehicles quality standards and must undergo a rigorous 117-point inspection and reconditioning process. All GM Certified Used Vehicles are supported by a fully transferable five-year/100,000-mile powertrain limited warranty with no deductible (whichever comes first from vehicle’s original in-service date), a three-month/3,000-mile bumper-to-bumper (whichever comes first) comprehensive limited warranty extension, a three-day/150-mile customer satisfaction guarantee, and 24-hour roadside assistance and courtesy transportation during the term of the powertrain warranty. See dealer for details. For more information about GM Certified Used Vehicles, visit gmcertified.com.

About General Motors

General Motors Corp. (NYSE: GM), the world’s largest automaker, has been the annual global industry sales leader for 77 years. Founded in 1908, GM today employs about 266,000 people around the world. With global headquarters in Detroit, GM manufactures its cars and trucks in 35 countries. In 2007, nearly 9.37 million GM cars and trucks were sold globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, HUMMER, Opel, Pontiac, Saab, Saturn, Vauxhall and Wuling. GM’s OnStar subsidiary is the industry leader in vehicle safety, security and information services. More information on GM can be found at gm.com.

* Autodata Corp., U.S. Certified Pre-Owned Vehicle Retail Sales – 2007
** Excludes hybrid models

Source: GM

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