GM Student Bonus
Still in school? Just graduated? General Motors of Canada wants to help get you in the driver's seat of your own new vehicle with the GM Student Bonus.
How Does it Work?
Eligible individuals may either lease or purchase finance any eligible new vehicle for delivery during the offer period and we make the first two eligible lease or purchase financing payments for you .* That's two months at no charge, plus there is no security deposit on your lease.*
Offer Limitations and Guidelines
Who is Eligible?
The GM Student Bonus is open to eligible individuals who are:
* On approved GMAC credit only. GMCL will pay first two months' GMAC lease payments for 24 to 60 month leases only, paid up to a maximum monthly lease payment of $600 per month (tax inclusive). . Alternatively GMCL will pay first two months' GMAC finance payments for finance terms of up to 72 months only, paid up to a maximum monthly finance payment of $600 per month (tax inclusive). Offer applicable to equal monthly payment SmartLease leases or finance agreements. License, insurance, registration, PPSA/moveable property, administration fees and environmental taxes not included and may be payable upon signing. Vehicle must be registered solely in name of applicant (but contracts may be co-signed) for a minimum of six months and 12,000 kilometres. Limit of one eligible lease or finance agreement per eligible individual in his/her lifetime and not available to recipients of any previous GM student/graduate offer. This offer replaces certain prior GM offers, which offers as well as certain other current GM offers may not be able to be combined with this offer. Void where prohibited by law. GMCL may modify, extend or terminate this offer in whole or in part at any time without notice.
ºApplicant must be a legal resident of Canada of age of majority in their province of residence at time of application with a valid Canadian Driver's License. Individuals must meet the eligibility and other offer requirements during the offer period. Limited to institutions in or outside Canada as currently approved or recognized by GMCL. See your dealer/retailer for eligible institutions. As part of the transaction Dealer/Retailer may request eligibility documentation and will contact GM to verify eligibility. Determination of full-time status at discretion of GMCL as determined through supporting documentation.
**Note: For graduates the 4-year eligibility period will be measured from the date shown on the graduate's diploma.
Note: Students are eligible only once in his/her lifetime.