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GM Incentives and Lease Deals for October 2016

GM Rebates October 2016Car sales have continued to be strong, and GM is doing really well. They want to continue selling lots of cars, so they have generous incentives on 2016 models.

The average incentive per vehicle is currently $3,660, up 7% compared to the same time last year.

Cash-back rebates have been reduced in recent months, but have been made up by larger hidden dealer rebates. There are great deals available mostly on the leftover models and trucks, such as $2,000 cash back on the Chevrolet Silverado. GM is also offering financing as low as 0% on most models.

Here are the maximum rebates and dealer cash available nationwide. (Note: incentives can vary greatly by region; these figures may not be accurate in your local area. Always verify with your local dealers) Tip: Be sure to use TrueCar and Edmunds Price Promise (They both have good pre-negotiated prices)

GM Dealers With the Lowest Prices

Use the free TrueCar service to get highly discounted prices and lease offers from local Dealers.

Top GM Rebates for October 2016

Year Model Max Rebate
2016Buick Enclave$750
2016Buick Regal$750
2016Buick Verano$750
2016Chevrolet City Express$750
2016Chevrolet Cruze$500
2016Chevrolet Cruze Limited$1,000
2016Chevrolet Equinox$750
2016Chevrolet Express$1,000
2016Chevrolet Express Cargo$1,000
2016Chevrolet Impala$1,000
2016Chevrolet Malibu$500
2016Chevrolet Malibu Limited$1,500
2016Chevrolet Silverado 1500$1,000
2016Chevrolet Silverado 2500HD$1,000
2016Chevrolet Silverado 3500HD$1,000
2016Chevrolet Sonic$500
2016Chevrolet SS$500
2016Chevrolet Traverse$1,250
2016Chevrolet Volt$1,000
2017Chevrolet Volt$1,000
2016GMC Acadia$1,000
2016GMC Savana$500
2016GMC Savana Cargo$500
2016GMC Sierra 1500$1,000
2016GMC Sierra 2500HD$1,000
2016GMC Sierra 3500HD$1,000
2016GMC Terrain$750

Best Lease Deals on GM Vehicles

Year Model MSRP Term
2016Cadillac ATS-V$60,465 36 10,000 $0 $683
2016Cadillac ELR$65,000 36 12,000 $0 $499

GM Dealers With the Lowest Prices

Use the free TrueCar service to get highly discounted prices and lease offers from local Dealers.

Other Car Incentives for October 2016

My Recommendation for Car Shoppers

TrueCar No-Haggle, Edmunds Price Promise, and 1-800 Car Show are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.

California Residents - Important:

There is a new online car buying service called Roadster, available only to California residents, which I highly recommend you try - especially if you hate the stress of haggling with a car salesman. They provide an expert concierge who negotiates the price of the car and delivers it to your home with zero hassle - you never have to interact with a dealership. Here is my in-depth review of Roadster and why I recommend it.

- Gregg Fidan

Gregg Fidan

About: Gregg Fidan

Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.

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