General Motors is offering a discount to teachers who want to buy or lease a new car that can be combined with other incentives to represent thousands of dollars in savings.
The GM Educator Discount is open to current employees of public or private schools, universities or colleges. The discount applies to all 2014 and 2015 Buick, Chevrolet and GMC vehicles except the 2014 Chevrolet Camaro Z/28 and the Chevrolet Spark EV. All Cadillac brand cars are also excluded.
The discount varies depending on the car selected. To see the discount, teachers go to GMEducatorDiscount.com to build the car with the options they want and then see all applicable discounts.
For example, a 2014 Buick Lacrosse (shown here) with a price of $34,460 can get a discount of more than $3,000 when the teacher discount of about $1,141 is combined with cash rebates of $2,000. An additional $750 discount is also possible if the teacher or the spouse is a current or former member of the military and a member of USAA.
In addition, a teacher’s spouse or domestic partner, dependent child under age 21 and child under age 25 who are full-time students are also eligible for the discount. Teachers must prove eligibility by providing their school identification or paystub and may be asked to provide other proof, such as a marriage license or birth certificate to prove eligibility of their relatives.
In addition, the buyer or lessee must keep the car for six months and no more than two vehicles can be purchased or leased through the program.
The GM Educator Discount program is scheduled to run through Jan. 2, 2015.
If you are ready to buy a car, follow these 10 tips for buying the right car in 2014 to help ensure you get a car you love at a price you can afford.
Tara Baukus Mello writes the cars blog as well as the weekly Driving for Dollars column, providing both practical financial advice for consumers as well as insight into the latest developments in the automotive world. Follow her on Facebook here or on Twitter @SheDrives.