The price on the dealer handout is MSRP, including destination.
Resale Requirements for Company Car, Customer Dissatisfaction Buyback, and GM FrontLine Ready vehicles
GM dealer agrees to use these vehicles to enhance its selling and leasing efforts in its area of primary responsibility and to sell or lease the vehicles to retail customers from the dealership’s GM approved dealership location as defined in its dealer sales and service agreement. Failure to comply with the requirements of GM Financial Remarketing, in its sole discretion, might result in the suspension of the dealer’s/buyer’s privilege to participate in GM Financial Remarketing’s closed sales.
Holding period for Company Car, Customer Dissatisfaction Buyback, Damaged in Transit, and GM FrontLine Ready vehicles purchased from GM Financial Remarketing auction sales (physical closed sales or electronic auctions)
Specific types of vehicles, Company Car, GM FrontLine Ready and Customer Dissatisfaction Buyback vehicles, purchased from these venues have a mandatory “holding period.” Dealers who violate these policies and procedures are subject to having their purchasing privileges suspended.
Only Company Cars sold in GM Financial Remarketing closed sales, Damaged-in-Transit, and GM FrontLine Ready vehicles are subject to the 45-day holding period requirement (these vehicles cannot be wholesaled within 45 days from the date of purchase). Customer Dissatisfaction Buyback vehicles can never be sold in the Open Sale – they must be tailgated in the GM Financial closed sale. Unless otherwise specified by GM Financial Remarketing, other vehicle types do not have a holding period requirement. In the event a dealer has been unable to retail the vehicles specified above within the 45-day holding period, the dealer may offer the vehicle(s) for sale at a GM Financial Remarketing auction. Customer Dissatisfaction Buyback vehicles that the dealer is unable to retail can only be offered at a GM Financial Remarketing closed auction, regardless of the length of time since the original purchase.