College Discount Program Rules and Guidelines
The General Motors College Discount Program (The Program) provides eligible participants (Participant) with the opportunity to purchase/lease new or unused vehicles at The Program prices.
By purchasing a vehicle through The Program, the Participant acknowledges these Rules and Guidelines and agrees to abide by them. It is the responsibility of the Participant to know the rules of The Program as set forth in this document. Violations of these rules by the Participant may result in sanctions against the Participant.
The Program may be withdrawn at any time, and its terms are subject to change from time to time by General Motors (GM). Final decisions in all matters relating to the interpretation of any rule or phrase of this activity rest solely with General Motors.
Eligible participants include college students (from any two- or four-year school), recent graduates (graduated within the last two years), and current nursing school and graduate students.
General Motors may unilaterally modify, change or withdraw The Program at any time. General Motors will conduct periodic audits to ensure the integrity of The Program.
Participants may be asked to furnish documentation supporting their eligibility with these rules. Documentation of Program eligibility may include:
1. Evidence of enrollment in an associate, undergraduate, nursing or graduate degree program.
date, from a four-year bachelor's degree, a registered nursing degree, or a two-year associate's or graduate degree program.
General Motors reserves the right to audit Dealer records and disqualify any sales that do not meet The Program guidelines. Any money improperly paid to any party based upon the Dealer's or Participants' representation shall be charged back accordingly.
The sale of any vehicle purchase program authorization numbers, or other unauthorized use of such numbers, is prohibited. Participants (as defined in the Eligibility section) who violate this provision will be suspended from The Program.
Participants may purchase or lease a
2. A diploma, dated no more than two
cumulative total of two (2) vehicles per
years before the vehicle purchase or lease
calendar year under The Program.
Each authorization number is good for six months toward the purchase or lease of an eligible new or unused 2012 or 2013 model year GM vehicle at The Program price. To see a list of excluded vehicles, visit the home page and select What Vehicles Are Eligible from the "Get Answers" tab. Some other models may have limited availability. Eligibility of GM vehicles may change at any time without notice.
Participants must be eligible to participate throughout the entire purchase process, i.e., on the date the process is started through the date of vehicle delivery.
If purchasing or leasing a vehicle under The Program with cash or through a loan, ownership must be retained for at least six (6) months from the date of delivery of the vehicle.
GM reserves the right to modify the retention rules at any time. Retention periods for some vehicles may be different than the retention period referenced in previous versions of the Rules and Guidelines.
A vehicle purchased/leased under The Program must be used for the personal, noncommercial use/transportation of the Participant. It is prohibited under The Program to purchase/lease and register/title a vehicle and then surrender the vehicle for part or all of the required retention period to any other person. In addition, it is prohibited under The Program to purchase/lease a vehicle for commercial use. Vehicles purchased under The Program must be registered, licensed, titled, insured and owned by the Participant. However, vehicles may be co-titled. Vehicles may also be titled in the name of a living trust that bears the name of the Participant.
Included in required paperwork at the dealership is the GM Vehicle Purchase Customer-Dealer Agreement and Pricing Sheet. This should be reviewed, and once complete, signed by the purchaser. DO NOT SIGN the agreement if it is blank or The Program price (price marked "PREFER") from the invoice is not shown. If you have any questions or concerns regarding your purchase or lease, clarify them with your dealer BEFORE closing the transaction. The GM Vehicle Purchase Customer-Dealer Agreement and Pricing Sheet must be signed prior to the completion of the deal.
If there is a dispute involving repairs made to a vehicle under the GM Limited Warranty or regarding the extent to which warranty coverage is provided, the Participant is encouraged to first seek resolution with the management of the Dealership. If resolution is not reached, contact the Customer Assistance Center (CAC) listed in the vehicle Owner's Manual. The CAC will discuss alternatives with the Participant and/or the Dealer to work toward an acceptable resolution. If resolution is not achieved at that point, the remaining recourse is to go through the GM Dispute Resolution Process to submit the dispute to a neutral third-party arbitrator. Participation in the GM Dispute Resolution Process in lieu of litigation is mandated in consideration of the discount received on the vehicle through The Program.
Dealers may charge a documentation fee up to the amount allowable by state law. Each dealer is responsible for complying with applicable laws and regulations.
Dealer participation is voluntary. Dealer(s) are not required to participate in the College Discount Program. To determine a Dealer's willingness to sell vehicles through The Program, you must speak with the Dealer directly.
During the initial dealer inventory buildup when new models are introduced, and from time to time thereafter, it may be necessary for GM to restrict purchase under The Program on certain models. Please go to gmcollegediscount.com to see the vehicle eligibility list.
The Program does not constitute an agreement between GM and the Participant for the purchase/lease of any vehicle at a specific price. However, by purchasing a vehicle through The Program, the Participant acknowledges The Program's Rules and Guidelines and agrees to abide by the same program Rules and Guidelines.
Participants are required to report any unauthorized use of authorization numbers immediately. Those who do not report any suspicious or unauthorized use of authorization numbers after they have been submitted on their behalf may be subject to the above sanctions.
Failure to comply with the audit request may subject the Participant to the sanctions above. General Motors has the final decision on all eligibility requirements. The Rules and Guidelines of The Program may be modified by GM at any time, in its sole discretion.
Compliance With Applicable Laws
If any law or regulation is adopted or interpreted which, in GM's opinion, prohibits or penalizes the implementation of The Program, GM may, in its sole discretion, cancel The Program or any order submitted pursuant to The Program without any further obligation and without any liability to either the Dealer or the Participant.
GENERAL MOTORS TERMS AND CONDITIONS CANNOT BE MODIFIED BY ANYONE OTHER THAN GENERAL MOTORS.
GM (Rev 10/3/12)
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