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Posted

All 14's and up get the free "Basic" plan for 5 years. This is the plan that includes the free remote start through the app. It also transfers owners so if you bought your truck used you should still have it.

 

BTW -- As noted there are currently 3 apps: MyGMC, MyChevrolet, and the original OnStar app (there are also ones for Buick and Cadillac). GM is supposed to be phasing out the OnStar one and moving everybody to the app for their particular brand. All the apps have the same features they are just themed different for each brand.

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Posted

I prefer the on star app because I can send a address to my my link screen from it.

 

I have zero use for the premium on star services though.

 

Sent from my SM-N930V using Tapatalk

Posted

^ These guys are nuts.

 

I like my OnStar, best customer service I ever had and for $300+ (paying a little less insurance because of all the anti theft features) / yr I cannot see how anyone that can afford a new car and think that is expensive. I mean unless you are the type who makes bad choices like financing a car with 0 down for 84 months or something remarkably stupid like that.

 

And you are giving financial advice? Rule number 1, never pass up free money. The loan of the term is long, but guess what? You don't have to take 84 months to pay it. You can keep your money in the bank and invest it as you see fit or pending your financial situation/position pay it off as quickly as you want. It isn't a bad idea by any means. Maybe think a little bit before insulting others before knowing.

 

For example, lets say I am looking for a new car loan and plan on doing a 48 month term. Let's say rates are 2.9% or 1500 off on a $35,000 loan. If I take the 1,500 off I end up paying 2,185 in interest at 2.9% or 685 more than the $1,500 off. Now if I take the 84 month loan at 0 percent, I can still pay it off in 48 months but instead of getting 1,500 off up front I instead save 685 on the back end by not paying interest. Then if I am wise enough in the 48 month term I can invest it and save even more. I will take the 0% 84 month term all day long...

 

Does that sound stupid to you?

 

I know you probably are talking about those who are going pay check to pay check with a long drawn out term and shouldn't be purchasing anyway and can only afford something out of their range by going long term. Then yes, buying more than you can afford is dumb, but a blanket statement like that is just foolish without knowing all the possibilities and uses...

 

Tyler

Posted

Hmm well I could be wrong on the web based ph app remote start feature but from memory my 2014 had 3 years free but they did change something in 2015 and it may have been automatically extended to 5 years? Anyway it is true that my 2016 has 5 years. Now I know what my trade date is, easy peasy.

Posted

No, but a rant confusing 0 down(payment) with 0% interest does...

That and it is still stupid because you will be upside down on the loan for a long time (you owe more than car is worth). It means you are stuck with it for a long term or get screwed on the trade in or god forbid it gets written off in an accident when only worth 20k but you still owe 30k. Your insurance will only pay what its worth and you would be stuck with the balance and no car. Gap insurance usually only covers 6 to 12 months on a new car after that the balance is yours to eat.

 

tyler is an idiot. only buying what you can afford now is the best financial advise possible. GM also gives you shitty rebates for 0% its not an economical marvel its a gimmick to move cars and they still get extra money by not giving you as good a deal.

Posted

Maybe it's different up here in Canada but during the Truck Month event I got 20k off the sticker price, a bunch of extras like protection package etc. and 0% for 84 months.

 

I took the deal and invested the money I had for the truck. In the time I'm making interest free payments I'll make over $20k.

Posted

Alright, we could all argue about the best way to finance/ purchase a vehicle. Everyone has an opinion.

I didn't care what my term was because I knew I was going to pay it off in under 1 year anyway. They offered me 1.9% for I think 60 months. I ended up paying it off in 9 months and it cost me maybe a whole $400 in interest.

 

BUT, I really do want to know if there's any way to extend the life of the free app. Apparently it is so new that no one has owned a truck long enough to have it expire yet.

 

I e-mailed onstar yesterday and got no response yet. If anyone has anything to add to the onstar app discussion, I'd love to hear it.

Posted

Maybe it's different up here in Canada but during the Truck Month event I got 20k off the sticker price, a bunch of extras like protection package etc. and 0% for 84 months.

 

I took the deal and invested the money I had for the truck. In the time I'm making interest free payments I'll make over $20k.

 

I am in Canada. 20k, well now you are just lying because is no truck month they were offering that (PS I purchased on April 28 2015 which was truck month). Simple just prove it and post your sales contract, you can look at my build thread for mine.

 

The price will always be better for cash purchase, if you do not think so you have obviously not bought a car before or did not pay attention when you did.

 

*I can tell you are a fool with no concept of math if you think you can make 20k on a 50k investment in ~ 5 years. That is one hell of a ROI did you invest in a Cocaine plantation? Go crawl back under your rock if you think anyone is buying that for even one second. I did do the math .... it was better to purchase for cash and save the extra $$$ ... you know who also did the math? GM.

Posted

 

1. open your MyGMC app (or My Chevrolet App like i have)

2. select "Key Fob"

3. look at the little logo in the upper right corner

 

I wonder if Onstar will let you use their functions after the 5 years is up.....

 

i read somewhere they will.. but its the basic features that still let you use the app... remote start/ lock .. etc...

Posted

 

The price will always be better for cash purchase, if you do not think so you have obviously not bought a car before or did not pay attention when you did.

 

Do you mean the price listed on the paperwork you sign, or your final cost after its paid off?

 

The dealers have no motivation to offer you a better price for a cash purchase because they make no more money off you. The dealers all offer financing because they want you to pay them interest. How do they get you to agree to pay interest? By telling you its a lower price up front.

 

At the end of the day, you can pay less if you put the cash down, but the listed "sale price" will likely be lower if you finance.

 

But you are 100% correct about the investment statement. That was funny!

Posted

50K over 84 months with an annual rate of growth of 5.5% would be nearly $73,000. Not sure why you guys think that's so crazy.

Posted

Sorry back on topic. Would this work, when your basic Onstar expires transfer ownership to your wife's name and have GM give the "new owner" a trial of Onstar?

Sorry back on topic. Would this work, when your basic Onstar expires transfer ownership to your wife's name and have GM give the "new owner" a trial of Onstar?

Posted

50K over 84 months with an annual rate of growth of 5.5% would be nearly $73,000. Not sure why you guys think that's so crazy.

 

Yes, its theoretically plausible IF you keep the 50k in the whole time and you make the 5.5% for the whole 7 years. do you know how to do this? if its in the stock market, he's just as likely to make 0$ or lose money.

 

If anyone has a way to guarantee that return, please share with all of us so we can all become rich.

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