<![CDATA[Jalopnik: gm employee pricing]]> http://tags.jalopnik.com/assets/base/img/thumbs140x140/jalopnik.com.png <![CDATA[Jalopnik: gm employee pricing]]> http://jalopnik.com/tag/gmemployeepricing http://jalopnik.com/tag/gmemployeepricing <![CDATA[GM Suing Employees, Families To Recoup $450K In Misused Employee Discounts]]> GM has filed at least three lawsuits in a bid to recoup $450,000 in improperly extended employee discounts given by former employees, retirees and their widows, reports the Detroit News. The irony? GM filed the latest lawsuits on the same day it began its latest "employee pricing for everyone" promotion. When not in the midst of an employee pricing free-for-all, GM allows as many as six vehicles a year to be purchased with employee discounts, and the special pricing can be given to family members including children and same-sex domestic partners. But GM is arguing that the employees in question gave away (or sold) their unique employee purchase ID number to friends and/or acquaintances who would not have otherwise been able to receive the discount.

Jalopnik Snap Judgment: So how rampant is this problem? Considering that a massive corporation like GM is going after less than half a million bucks, it wouldn't seem like a very big deal. But GM is sending a message here that they're taking everything seriously. And, being as some of us are Metro Detroiters, we can sympathize with GM to some extent: Automaker employee discounts are swapped and sold like cash in this town (even appearing on Craigslist at times) since everyone knows someone who works at each of the Detroit Three. Bottom line: It sucks that it's getting harder to game the system, but we can't blame GM for asking people to play by the rules. [Detroit News]

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<![CDATA[GM Employee Pricing Slashes Sticker Of 505 HP 2008 Corvette Z06 By $10,000!]]> GM's recent decision to re-offer employee pricing on all new vehicles brings the 505 HP Corvette Z06 down to an astonishing base price of $62,653. Normally, these type of incentives don't include high horsepower and halo cars, but according to the boys at Kicking Tires, GM will include both the 2008 Corvette and the Chevy's up-powered big brother, the 2008 Corvette Z06, in their current deal. No matter how glowing of a review Wes gave it, with that heavy of a discount you'll maybe want to think twice about spending the money on the new 2009 Corvette ZR1.

The 638 HP 2009 Corvette ZR1's price of $103,000 (let's pretend for a moment vagaries such as dealer markup don't exist) has a cost per HP of $162. While not the best deal on price per HP, it's still a steal. But this pricing on the 2008 Corvette Z06 brings the cost per HP war to a whole new level — dropping the already amazingly value-rrific cost per HP down from $143 (already lower than the Nissan GT-R and Dodge Viper according to our official Jalopnik "By The Numbers" comparison chart ) to the staggeringly bargain level of $124 per HP!

The Z06 was already the over-used "value champ," (We need a quarter jar for every time we're using the word value in this post, don't we?) but this new deal truly offers the chance to bring high horsepower to the masses. There's simply no better deal out there. Even Suze Orman would approve.

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