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  • Writer's picturePeter Schoen

The Insider’s Guide to GM Preferred Pricing Canada in Ontario

Updated: Sep 27, 2023


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In this guide, we’ll unravel the mystery of GM Preferred Pricing in Ontario. We’ve got all you need to know - who’s eligible, what documents you’ll need and the types of offers available.


We’re here to help you navigate these waters with ease and confidence.


Let’s dive into the intricacies together!


Key Takeaways

  • GM Preferred Pricing in Ontario offers eligible customers a special discounted price on new GM vehicles known as the Employee Price.

  • The program allows customers to combine savings with other offers and incentives provided by GM, making the process of buying a new vehicle more affordable and transparent.

  • Participants can purchase up to two vehicles per calendar year, and the program covers almost all new Chevrolet, Buick, GMC, or Cadillac models.

  • Qualifying for GM Preferred Pricing extends to employees of General Motors, their immediate family members, employees of eligible supplier companies, as well as educators, military personnel, first responders, and retirees from qualifying entities.


Overview of GM Preferred Pricing Canada

You’re probably wondering what GM Preferred Pricing in Canada is all about, right? Well, we’re here to shed light on this exclusive program.


It’s an initiative by General Motors (GM) designed to give eligible customers a special price on new GM vehicles. This pricing is also known as the Employee Price and is available at participating dealerships across Canada.


The process is straightforward. Eligible customers receive a Preferred Price Authorization number which they present to the dealership when purchasing their new vehicle. The unique aspect of this program is that it allows you to combine these savings with other offers and incentives provided by GM.


Now, who can avail of this? The program extends beyond GM employees, covering a wide range of people, including current or former GM hourly or salaried employees and their immediate families, retirees and their spouses or surviving spouses, as well as current employees of certain companies associated with GM.


We must highlight that not all models may be available under this scheme; some restrictions apply. However, for those who qualify, it’s an excellent way to enjoy significant savings on a brand-new vehicle purchase from one of the automotive industry’s leading manufacturers.


Benefits of GM Preferred Pricing Canada in Ontario

In your journey to buy a new car, it’s beneficial to understand how certain pricing programs can save you money. One such program is GM Preferred Pricing in Ontario. This initiative by General Motors allows eligible participants to purchase vehicles at a specially discounted price - almost equivalent to the dealer invoice price.


The benefits of this program are manifold. Firstly, it makes the process of buying a new vehicle more affordable and transparent for the customer. The special pricing eliminates any uncertainties or haggling over the final cost of your car. Additionally, we’ve found that this program can be combined with other offers, such as cash credits or finance and lease rates, which means you’re likely to get an even better deal!


Here’s another thing we love about GM Preferred Pricing: It’s not just limited to one vehicle purchase but extends up to two per calendar year! And it covers almost all new Chevrolet, Buick, GMC or Cadillac models.


We believe that every potential buyer should take full advantage of these savings opportunities wherever possible. So why not explore GM Preferred Pricing? It’s definitely worth considering in your quest for a new ride!


GM Preferred Pricing

Eligibility Requirements for GM Preferred Pricing Canada

Let’s now delve into who’s eligible for these special discounts and what the requirements are.

GM Preferred Pricing in Canada is specifically designed for qualifying employees of preferred companies, their family members, retirees, and surviving spouses. It applies to most new Chevrolet, Cadillac, Buick, and GMC vehicles.


The eligibility extends to employees and retirees of Preferred Pricing companies and their dependent children or grandchildren under 21 years old or full-time students under 25 years old. Surviving spouses of deceased employees also qualify. The company you work for must be recognized by GM Canada as a preferred pricing company.


To apply for this special offer, the applicant must provide proof of eligibility, such as an authorization number from the company’s HR department or union representative, alongside personal identification at a participating dealership like True North Chevrolet Cadillac.


The program rules dictate that only one vehicle per authorization number may be purchased or leased. Additionally, the vehicle must be registered and insured in the eligible purchaser’s name for a minimum period stipulated by GM Canada.


Who Qualifies for GM Preferred Pricing Canada

Qualifying for these special discounts isn’t as difficult as you might think, especially if you’re associated with a company recognized by the automotive giant. The GM Preferred Pricing in Canada extends to employees of General Motors, their immediate family members and even those who work for eligible supplier companies. This network includes an expansive list of businesses that play various roles within the automotive industry.


But it’s not just limited to those directly connected to the auto sector. Other professions, such as educators, military personnel, and first responders, can qualify too. They’re all part of an inclusive group that GM wishes to recognize for their contributions to society or the company itself.


It’s also crucial to note that retirees from the aforementioned entities are eligible as well. It reflects GM’s commitment to maintaining strong relationships even after retirement – a testament to how much they value loyalty and long-term partnership.


We’ve detailed who qualifies now, but what about proving your eligibility? That brings us to our next topic: what documentation is required to access GM Preferred Pricing.


What Documentation is Required to Access GM Preferred Pricing

You’ll need to gather some specific paperwork to prove your eligibility for these special discounts. As industry insiders, we can tell you that the required documentation varies based on one’s qualifying status.


If you’re an employee or retiree, you’ll need your GM Company ID. For suppliers and eligible family members, a Company ID or family member authorization number is necessary.


In addition to this identification proof, it’s crucial to provide proof of residency in Canada and ensure that your driver’s license is valid. Remember, meticulous attention is needed when handling such important documents – they are pivotal in accessing GM Preferred Pricing.


For those who qualify through membership in certain professional organizations or companies affiliated with General Motors, a membership card or other form of verification might be asked for. Lastly, do keep in mind that all these documents must be current and valid at the time of purchase.


As we navigate through the nuances of GM Preferred Pricing, understanding what documentation is needed sets a great foundation. Now let’s delve into the types of offers available through GM Preferred Pricing Canada – an exciting aspect indeed!


GM Preferred Pricing

Types of Offers Available Through GM Preferred Pricing Canada

Now that we’ve highlighted the necessary documentation needed to access GM Preferred Pricing, it’s time to take a closer look at the types of offers available through this program in Canada.


This program is more than just a one-size-fits-all pricing program; there are several different options designed to cater to various needs and circumstances.


Firstly, there’s the ‘Employee Price’ offer which provides participants with the same price that GM employees receive. Then we have ‘Supplier Pricing,’ an exclusive deal for suppliers involved in GM manufacturing processes. Furthermore, there’s also ‘Friends & Family Pricing,’ allowing close relations of GM employees or suppliers to get great deals on their vehicles.


But it doesn’t stop there! The program also includes special incentives such as cash allowances on certain vehicle models and financing or lease deals via GM Financial. It’s all about offering flexibility and value for money.


Whether you’re linked directly with GM or connected through friends and family, these offers ensure no one misses out on potential savings when purchasing a new Chevrolet or Cadillac.


Next up, let’s explore some key rules and guidelines regulating GM Preferred Pricing in Ontario.


Conclusion

We’ve navigated the ins and outs of GM Preferred Pricing Canada in Ontario. Now, it’s your turn to seize this golden opportunity.


With your documents ready, step into our world of vast savings and exclusive offers that will make owning a Chevrolet or Cadillac more than just a dream.


Remember, we’re here to guide you every mile of the journey.

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About the Author:


Peter Schoen stands as a paragon in the automotive landscape as the Dealer Principal of True North Chevrolet Cadillac. With over a quarter-century of hands-on leadership, his influence has been instrumental in shaping the automotive retail domain, especially across North Bay and Sudbury. Bolstered by an impressive academic foundation that includes an HBA, CPA, and MBA, Peter has not only been successful in the business realm but has also garnered esteemed roles such as the Director for the GM Certified Service DMAB.


Beyond the business metrics and accolades, Peter is deeply passionate about the transformative nature of the automotive world and the potential it holds for the next generation. His commitment to mentorship and fostering innovation shines brightly, and his advice stands as a testament: "Seek out mentors, remain ever-curious, and when you truly love your craft, every day feels like a privilege rather than a chore." For a comprehensive understanding of the automotive universe, drawn from both experience and heart, delve into Peter Schoen’s insights.



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