Employee Purchase Program Rolls Out Today!

Effective 10/21/2010

Working for the Continental Automotive Group just got a little sweeter and driving a new Honda, Infiniti, Mercedes-Benz or Subaru just got a little more attractive.

A special thanks to Austin Infiniti’s General Manager, Allen Clauss, for helping to put this program together. Without Allen’s support and without the Hardemans’ generosity, this program would not have been possible. Let’s fill those employee parking lots with some more new cars!

Now all full-time employees eligible for benefits are invited to take advantage of CAG’s Employee Purchase Program. It’s really simple, the details are below.

Eligibility:
1. Must be full-time employee in good standing with CAG
2. Limited to 2 vehicles at a time per qualifying employee number
3. Spouses and immediate household family members of eligible employees qualify under #2
4. Must have sign-off of General Manager at selling dealership

Benefits:
1. $100 payout each month in the form of a check to employee
2. Up to 39 $100 payments for a new leased vehicle, lease must be done at CAG dealership
3. Up to 24 $100 payments for a new finance purchase, financing must be done at CAG dealership

Benefits/Eligibility Terminate:
1. When employee is no longer full-time employed by CAG
2. If vehicle lease/purchase is turned in, traded or sold
3. If $100 monthly payout term is reached

Logistics:
1. Available vehicles and sale prices determined by New Car Manager (GSM) at individual dealership
2. Check payout to employee is done each month by selling dealership
3. Employee is responsible for taxes on $100, automatically withheld from next paycheck

For questions please contact your department manager.

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