NEW YORK, April 1 /PRNewswire/ -- From automobiles to condos, assurance plans are making it easier for consumers to make big purchases in a tough economy. The latest, General Motors' Total Confidence Plan, promises to protect a customer's paycheck, investment, vehicle and family.
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The new plan protects customers in case of job loss by providing up to $500 a month for payments, for up to nine months. The package also protects the resale value of the car, after half the payments have been made, should it become worth less than the balance of the loan. As an added safety bonus, buyers will also receive one year of OnStar standard and fully backed, 5 year/100,000 mile limited powertrain warranty with roadside assistance and courtesy transportation.
Automakers are hoping packages like this one, on top of other incentives like rebates and APR, will bring consumers back into the showroom. For more on more information on the Total Confidence Plan, visit gmconfidence.com.
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SOURCE Medialink; General Motors
