GM Incentives and Lease Deals for October 2016
Car 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
Top GM Rebates for October 2016
| Year | Model | Max Rebate |
|---|---|---|
| 2016 | Buick Enclave | $750 |
| 2016 | Buick Regal | $750 |
| 2016 | Buick Verano | $750 |
| 2016 | Chevrolet City Express | $750 |
| 2016 | Chevrolet Cruze | $500 |
| 2016 | Chevrolet Cruze Limited | $1,000 |
| 2016 | Chevrolet Equinox | $750 |
| 2016 | Chevrolet Express | $1,000 |
| 2016 | Chevrolet Express Cargo | $1,000 |
| 2016 | Chevrolet Impala | $1,000 |
| 2016 | Chevrolet Malibu | $500 |
| 2016 | Chevrolet Malibu Limited | $1,500 |
| 2016 | Chevrolet Silverado 1500 | $1,000 |
| 2016 | Chevrolet Silverado 2500HD | $1,000 |
| 2016 | Chevrolet Silverado 3500HD | $1,000 |
| 2016 | Chevrolet Sonic | $500 |
| 2016 | Chevrolet SS | $500 |
| 2016 | Chevrolet Traverse | $1,250 |
| 2016 | Chevrolet Volt | $1,000 |
| 2017 | Chevrolet Volt | $1,000 |
| 2016 | GMC Acadia | $1,000 |
| 2016 | GMC Savana | $500 |
| 2016 | GMC Savana Cargo | $500 |
| 2016 | GMC Sierra 1500 | $1,000 |
| 2016 | GMC Sierra 2500HD | $1,000 |
| 2016 | GMC Sierra 3500HD | $1,000 |
| 2016 | GMC Terrain | $750 |
Best Lease Deals on GM Vehicles
| Year | Model | MSRP | Term (months) |
Annual miles |
Down Payment |
Monthly Payment |
|---|---|---|---|---|---|---|
| 2016 | Cadillac ATS-V | $60,465 | 36 | 10,000 | $0 | $683 |
| 2016 | Cadillac ELR | $65,000 | 36 | 12,000 | $0 | $499 |
GM Dealers With the Lowest Prices
Other Car Incentives for October 2016
- Best Ford Deals
- Best BMW Deals
- Best Chrysler Deals
- Best Honda Deals
- Best Hyundai Deals
- Best Nissan Deals
- Best Toyota Deals
- Best Mercedes Benz Deals
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
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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