Chevrolet Offering Huge Incentives Until January 3
December 16, 2010
As the year comes to an end, automakers are piling on cash incentives to move remaining 2010 model year inventory - and some of the 2011 models too.
Take Chevrolet. The outgoing 2010 Aveo gets $2,500 cash back, which, proportional to its $11,965 MSRP, is a nice chunk of change.
The more popular 2010 Malibu gets $3,500, and the 2011 Malibu gets $2,000. Chevrolet's large SUVs, crossovers and trucks get between $2,000 and $5,000 cash back.
The new Cruze, Equinox and Camaro, which continue to sell like hotcakes, don't have any cash-back deals.
The Equinox and Cruze do have some attractive lease deals, though: lease a Cruze for $159 a month for 39 months.
Almost all 2010 and 2011 models get attractive financing options between 0% and 3.9% for up to 72 months.
All current incentives expire Jan. 3.
Chevrolet: Cash-Back or APR Financing Deals
2010 Aveo (excludes LT): $2,500 or 0%-3.9% up to 72 months
2010 Cobalt (excludes SS, LT): $3,000 or 0%-3.9% up to 72 months
2011 Cruze: 2.9%-3.9% up to 72 months
2011 Impala (excludes LT, LTZ): $3,000 or 0%-3.9% up to 72 months
2011 Malibu: $2,000 or 0%-3.9% up to 72 months
2010-2011 Equinox: 0%-3.9% up to 72 months
2010 Suburban: $3,000 or 0%-3.9% up to 72 months
2011 Tahoe: $2,000 or 0%-3.9% up to 72 months
2011Traverse: $2,000 or 0%-3.9% up to 72 months
2011 Camaro: 3.9% up to 60 months
2011 Corvette (includes ZR1): 0%-3.9% up to 72 months
2010 Avalanche: $5,000 or 0%-3.9% up to 72 months
2010 Silverado 1500 (regular, crew, extended cabs): $4,500-$5,000 or 0%-3.9% up to 72 months
Lease Deals
2011 Cruze LS: $159 per month for 39 months, $1,509 due at signing
2011 Malibu LS: $179 per month for 39 months, $1,529 due at signing
2011 Equinox LS: $239 per month for 39 months, $2,269 due at signing
2011 Traverse LS: $299 per month for 39 months, $1,899 due at signing
2011 Silverado 1500 extended cab 4WD LT: $289 per month for 39 months, $2,389 due at signing
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About the Author: 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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