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Can anyone comment on whether GM warranties on cars purchased before the bankruptcy filing can be avoided by the company? Are there any other implications involving current owners due to the filing?

Thanks.
 

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1988 Cadillac Sedandeville
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Can anyone comment on whether GM warranties on cars purchased before the bankruptcy filing can be avoided by the company? Are there any other implications involving current owners due to the filing?

Thanks.
From the President Obama mouth - all warranties will be honored and backed by the Federal government. It better then a GM warranty; since you can complaint to your Congressman or Senator if you are not happy. Not to a regional sales rep or the general manager of a dealership with limited power to do anything - you have the force and power of politics behind you!
 

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08 CTS RWD with all options
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I wonder if the free Oil Change coupons from GM still in effect after the bankruptcy? Any idea?
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09 CTS 3.6 Metallic Red, 11 Subaru Outback, 04 Malibu Maxx
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this article states funds were set aside should GM go into liquidation..which it is not....also the Obama statement, just like the tax break for cars...covered autos purchased after a mid Feb date if Im not mistaken..

my take is since GM filed under Chp 11...for reorganization...all existing product warranties remain effective and will be honored by GM through authorized dealerships....

the issue will be at what point and time will GM officially no longer accept warranty claims from dealerships on their cut list....for Chrysler dealerships on the cut list that date is 9 June 09....
 

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2008 CTS 3.6L DI RWD, GMPP new engine 11/2013
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Can anyone comment on whether GM warranties on cars purchased before the bankruptcy filing can be avoided by the company?
Here's your answer from the official source . . .

2009-06-01

GM Receives Court Authorization To Continue Vehicle Protection And Incentive Programs

General Motors Corporation today reported that it has received U.S. Bankruptcy Court approval to continue honoring all vehicle warranty programs and dealer incentive plans. This and other Court orders today enable GM to assure consumers that warranty coverage on GM vehicles will continue without interruption, whether they already own a GM vehicle or intend to buy a new one; that genuine GM parts will be supplied; and that GM-trained Goodwrench specialists will perform all services.
 

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Sedan de Ville, CTS
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In short, the government is here to help you.

Hopefully, we will be ok--in spite of the government help.
 

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2009 CTS DI AWD FE2 CRYSTAL RED TINTCOAT/LIGHT TITANIUM
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2009 CTS DI AWD Premium
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In short, the government is here to help you.
I hear that! As the owner of two GM vehicles, I am glad the government has stepped in . . . it was poor private leadership that got us here, now let's give our support to a quick turn around and a return to cutting edge R & D and world class cars . . . :D
 

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'08 CTS
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The Obama administration put a 31-year-old with NO auto experience in charge of restructuring the industry. Enough said. Don't believe anything Washington or GM says about warranties or anything else.
 

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2008 Black Cherry CTS4 - FE2, J55
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The Obama administration put a 31-year-old with NO auto experience in charge of restructuring the industry. Enough said. Don't believe anything Washington or GM says about warranties or anything else.
Yeah, I found that interesting and a little frightening as well. It should be interesting to see how this all pans out.

-Mark
 

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2019 CTS
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I guess all of the naysayers would have preferred that the Government stay out of the auto making business and let GM and Chrysler fold.
 

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2008 Cadillac STS
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I see that congress is working GM and Chrysler over about dealer closings. So much for Obamas claim that the government wouldn't get involved in running the businesses.
 

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2008 CTS 3.6L DI RWD, GMPP new engine 11/2013
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Last I read...leader of the 24-member auto task force,
a.k.a. "car czar," was 56-year-old billionaire Steve Rattner.
 

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More importantly, to me, from this bankruptcy is my 2008 CTS coming off lease next year. I'm considering buying it since I love it and its low mileage, but there's no way I'm paying the 63% residual they set up.

The wholesale price is already way below that, and next year it will be a lot less. Does the dealer have any input into the buyback transaction? Or am I stuck negotiating with a voice on the phone at GMAC? And will they negotiate? I've heard they can be hardasses, but since they will just wholesale it out if I return it that wouldnt make sense.

But then again, if anything they did made sense, they wouldnt be where they are now.............
 

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I see that congress is working GM and Chrysler over about dealer closings. So much for Obamas claim that the government wouldn't get involved in running the businesses.
Congress isn't Obama . . . and he said he government would be involved in this transition phase but would quickly move to return the company to private business leadership . . . I don't understand all the backlash against government intervention. If it didn't happen, GM would be gone and we'd have tens of thousands on our unemployment rolls. Either way, government is involved. Just as they are when we get new mileage standards.
 

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2009 CTS DI AWD FE2 CRYSTAL RED TINTCOAT/LIGHT TITANIUM
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Congress isn't Obama . . . and he said he government would be involved in this transition phase but would quickly move to return the company to private business leadership . . . I don't understand all the backlash against government intervention. If it didn't happen, GM would be gone and we'd have tens of thousands on our unemployment rolls. Either way, government is involved. Just as they are when we get new mileage standards.
WOW! If you believe that, I have a bridge in New Mexico I would love to sell you! The democratically controlled Congress is Obama and they will do exactly what Obama wants them to do at least until the 2010 elections at which time things may change. My guess is that the gubmint will be involved in the auto industry for many years to come either way and we will suck up the costs. :duck:
 

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2014 CTS PREMIUM SEDAN 3.6 RWD
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Who on this forum thinks that we as owners of GM products, would be better off if the goverment had not gotten involved. If you do, give an alternate solution.
 
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