The 1947 - Present Chevrolet & GMC Truck Message Board Network - View Single Post - GM 73-97 Class Action Suit

D.FENS · 01-13-2011, 08:38 PM

I got two of those letters. Might still have them, don't know.

Basically GM was offering squarebody owners a voucher for XXXX dollars towards the purchase of a new truck. Might have only been a grand or $1500 at the most. New only, I tried to talk them into a deal on a used 454 SS and the sales guy about laughed me out of the showroom.

I think the payments on my '87 (bought used) were about $175 a month. At 10 or 12% APR the new truck was gonna be over $600 a month for 60 months.

The voucher didn't even make a dent in the price. Back then the local Chevy dealer was selling every new truck they could get their hands on for full sticker or more and they weren't inclined to deal even a penny.

01-13-2011, 08:38 PM	#3
D.FENS Registered User Join Date: Sep 2008 Location: Huntsville AL Posts: 284	Re: GM 73-97 Class Action Suit I got two of those letters. Might still have them, don't know. Basically GM was offering squarebody owners a voucher for XXXX dollars towards the purchase of a new truck. Might have only been a grand or $1500 at the most. New only, I tried to talk them into a deal on a used 454 SS and the sales guy about laughed me out of the showroom. I think the payments on my '87 (bought used) were about $175 a month. At 10 or 12% APR the new truck was gonna be over $600 a month for 60 months. The voucher didn't even make a dent in the price. Back then the local Chevy dealer was selling every new truck they could get their hands on for full sticker or more and they weren't inclined to deal even a penny. Last edited by D.FENS; 01-13-2011 at 08:40 PM.