I just discovered today that GMAC is cutting back their floor plan on some dealers. It's gotten so tight that they are demanding the money for your old age units, in order to keep funding your floor plan. We heard that one local dealer just had GMAC come and pick up all their inventory from their lot. The other big issues is if GMAC isn't doing your floor plan, then most likely no other bank is willing to either. Time are getting crazier and crazier!

Just was sitting with my owner and GM and we all decided that rather wait and get to the point where GMAC is going to ask us for the money for our old age units, it's time to move them!!!

This is unheard of to me, but on all G6's, G5's, and G3's we were told to go as low as 1000$ below triple net! In essence that means all the holdback is being given up, and we would go 1000$ below. I am really shocked, but my owner is tired of looking at the G6's on our lot and I don't blame him. Normally in the past we have gone as low as to give up all the holdback and that usually constitutes for a great deal for any customer, but now we would be even a 1000$ less!

No movement on the G8??? Seems like my local dealers aren't moving any of them because I've had my eye on a few for when I make my purchase.

I only have 3 GT's left in the G8's and they will sell. 2 of them are loaded, and one is no roof, or sport. I just sell them at invoice, Solstices as well since I only have 2 and Vibes are all invoice deal cars.
The rest of the Pontiac family it's almost like "no reasonable offer refused" lol.

Interesting, any idea if this applies to the other GM brands or Chrysler dealers (since GMAC is replacing ChryFin)?