I have been using the GM Card for years. I have the original card that
allows you to earn 5% rebate on all purchases, earn up to $500 per
year, and use up to $2500 (I think, maybe $3500) towards a new car
We used it in 2001 when we bought an Olds Silhouette van. This was my
first US car purchase. I previously owned two Camry's. I suspected at
the time I was saving money up front (because of the rebate) that I'd
have to pay later to maintain the car. This has turned out to be
somewhat true: some of the dash lights are out, the driver's side seat
heater is broken (was fixed once under warranty, now broken again), one
of the rear side power window motors is broken. I haven't paid to fix
these things so I'm not really out the money, but it's irritating. I've
never had problems like these with my Camry's.
Anyway, because I didn't stop using the GM card I currently have a
$2300 rebate. There is no way I'm buying another GM car. I've stopped
using the GM card am now using a Citi rebate card.
Is there anything else I can do with the rebate?
I'd be willing to split it with someone else who wanted a GM car. I
suspect I'd have to buy it in my name and then transfer it to them.
Right? I'm not sure if it's worth $1150 of savings to go through this
hassle. Has anyone done this before?
I'm in Ellicott City, Maryland.