Jun 23rd, 2008 by Liz Opsitnik
General Motors announced today that their 72-hour sale will kick-off tomorrow, offering huge incentives to help clear out 2008 inventory.
GM will offer 0% financing for loans as long as six years on most 2008 models. The sale will only last from Tuesday, June 24 through Monday, June 30.
GM’s most popular models, like the Chevy Malibu and Cadillac CTS, will not be included in the promotion, nor will any hybrid vehicles.
The 0% financing incentive on a $30,000 new car purchase could total almost $8,000 in savings. That will definitely buy a good amount of $4-a-gallon gas.
GM also announced that it will increase prices on various 2009 models by an average of 3.5% to help offset higher material costs, reports CNNMoney.com.