GM and Ford reveal new incentives to current Toyota owners while rental companies pull models from fleets
Toyota is going from bad to worse in the last few days, as not only did it issue a huge recall for the unintended acceleration issues and was also forced to suspend the sale of the models in question until a solution will be found, but now GM and Ford are trying to steal its customers by offering some very interesting incentives.
If you are a current Toyota owner and decided that a model from either Buick, Cadillac, Chevrolet or GMC will suit you better, GM now has various offers for any type of purchase. If you choose to lease, you will get a waiver of up to three payments or $1,000. If you take a loan, you will get zero percent interest for the loans for 60 months. Last but not least, for those willing to pay cash, a $1,000 discount will be given.
If you might fancy a Ford model, you can get a $1,000 discount if you trade in a model from Toyota, Lexus, Scion, Honda or Acura, made between 1995 and 2010, and is applied to all models in the Ford stable, from the Fusion hybrid, to the F-150 pick-up of the Shelby Mustangs.
As yet another low blow, car rental companies like Avis Budget Group or Enterprise Holdings, have announced that they will pull the models affected by the recall from their big fleets.
No matter how you put it, things aren’t good for Toyota.
Source: Fox Business, Autoblog
Post tags: Tags: Ford, General Motors, gm, Recalls, Toyota
