GM announced a deal with 1,200 credit unions in Illinois, Indiana, Michigan and Ohio to make $10 billion in low-interest car loans available to shoppers.

In addition to a basket of incentives, you’ll also get the GM supplier discount, and if you buy before January 5, 2009, you’ll get an extra $250 back.

Provided you like GM’s products, sounds like a pretty good deal.

Midwest Credit Unions Offer Low-Interest Car Loans, GM Discounts [Kicking Tires]

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