Vehicle Finance

General Motors today announced the most comprehensive customer protection in the industry with GM Total Confidence, a plan that protects a customers paycheck, investment, vehicle and family. Our Total Confidence plan is an unprecedented offer that reinvents the ownership experience in an extremely positive way, said Mark LaNeve, vice president, GM North America Vehicle Sales, Service and Marketing. Unlike other programs out there, GM Total Confidence provides comprehensive coverage for new vehicle owners from protecting their new vehicle investment to protecting their family's income. GM Total Confidence provides customers peace of mind in uncertain times. The GM Total Confidence plan: Protects your Paycheck: Payment Protection* provides up to nine months of payments on vehicle loans or leases ($500 max/month) if you lose your job for economic reasons. When looking for a job, you need a vehicle more than ever. Payment Protection helps you get back on your feet. Protects your Investment: Once you are halfway through your finance contract, the customer qualifies for Vehicle Value Protection. This helps protect customers against uncertainty in the future used car market. For example, on a 60-month contract, you become eligible after the 30th month. Much as we have seen home prices decline in this tough market and homeowners may owe more than the current resale value of their house Vehicle Value Protection provides peace-of-mind for customers when they want to go purchase ...

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