No, you generally cannot use GM points (officially called MyRewards points) toward the purchase of a used car. These points are designed as a loyalty incentive for new vehicle purchases, specific services, and accessories at participating GM dealerships. The program's terms and conditions explicitly restrict their use for acquiring used vehicles, regardless of whether they are GM-branded or not.
MyRewards points are accrued through activities like buying a new GM vehicle, using a GM credit card, or participating in promotional events. Their primary utility is to reduce the cost of owning and maintaining a new GM product. You can typically use them for:
- New Vehicle Down Payment/Purchase: Applying points toward the purchase or lease of a new Chevrolet, Buick, GMC, or Cadillac.
- Parts and Service: Covering costs for oil changes, tire rotations, brakes, and other maintenance at a GM dealership.
- Accessories: Purchasing genuine GM accessories for your vehicle.
While you can't use the points for the used car itself, if you already own a GM vehicle and have a points balance, you could use those points to pay for maintenance or repairs on the used car you end up buying. However, this is an indirect benefit and requires the service to be performed at a participating GM dealership.
The most reliable approach is to check your points balance and redemption options directly through the MyRewards portal or by speaking with the finance manager at your local GM dealership. They can provide the most current and specific information based on your account.
| Redemption Category | Eligible with GM Points? | Typical Use Case |
|---|
| New GM Vehicle Purchase | Yes | Down payment, final purchase price |
| Used Vehicle Purchase | No | Not applicable |
| Service & Maintenance | Yes | Oil changes, repairs at GM dealers |
| GM Parts & Accessories | Yes | Floor mats, cargo liners, performance parts |
| Vehicle Lease Payments | Yes (on new leases) | Monthly payment reduction |
