Chevrolet Incentives and Lease Deals for May 2024
When it comes to leases, the 2024 Chevrolet Silverado 1500 and Equinox will likely offer Excellent value. The worst lease deals are probably going to be on the 2024 Chevrolet Suburban and 2024 Tahoe, you'll want to stay away from leasing these models.
Of note for May, Chevrolet is forecast to offer up to $7,500 in cash rebates on the 2024 Chevrolet Blazer EV Electric and $7,250 on the 2023 Silverado 1500. Overall, the average rebate across all Chevrolet models is currently $2,500.
Incentives can vary a lot by region. Always verify with your local dealers.
Ready to Negotiate the Best Chevrolet Deal?
The price/lease quote services I recommend are TrueCar and CarsDirect. They will get you best deal offers from local dealers, helping you gather bids easily (Use my car negotiation method to further reduce prices)
Chevrolet Lease Deals Summary
Analyzing the data for Chevrolet lease deals over the past year, we see that the "Bang for Buck" value, which assesses the value of the lease deal by dividing the MSRP by the Monthly Payment, has decreased over time. The latest value for March is 70, compared to the average of 73 over the past year. Using the average MSRP of Chevrolet vehicles ($42,662), the current lease deals are $22 per month more expensive if you lease now versus over the past year on average, and $48 per month more versus April, which was the best month to lease over the past one year.
Best Current Chevrolet Lease Deals May 2024
| Vehicle | Monthly Payment / $0 Down | ||||
|---|---|---|---|---|---|
| MSRP | Payment | Value | Best Region | Deals | |
| Chevrolet Silverado 1500 2024 LT (2FL) | $55,470 | $544 /mo | Excellent | Multiregion | |
| Chevrolet Equinox 2024 LT | $31,765 | $370 /mo | Good | Chicago | |
| Chevrolet Colorado 2024 LT | $34,370 | $464 /mo | OK | West Coast | |
| Chevrolet Traverse LTD 2024 LT | $39,315 | $546 /mo | OK | Multiregion | |
| Chevrolet Colorado 2023 LT | $37,270 | $520 /mo | OK | Nationwide | |
| Chevrolet Traverse 2023 LT | $43,395 | $603 /mo | OK | Washington DC | |
| Chevrolet Trailblazer 2024 LT | $28,470 | $405 /mo | OK | Multiregion | |
| Chevrolet Trailblazer 2023 LT | $28,470 | $404 /mo | OK | Multiregion | |
| Chevrolet Trax 2024 LT | $24,270 | $354 /mo | Poor | Chicago | |
| Chevrolet Malibu 2024 LT | $30,070 | $457 /mo | Poor | Multiregion | |
| Chevrolet Tahoe 2024 LT | $67,570 | $1,039 /mo | Poor | Nationwide | |
| Chevrolet Suburban 2024 LT | $70,570 | $1,089 /mo | Poor | Nationwide | |
| Chevrolet Bolt Electric 2023 LT | $28,370 | $483 /mo | Terrible | Multiregion | |
Best Chevrolet Cash Rebates
| Vehicle | Best Region | Max Rebate | Deals |
|---|---|---|---|
| 2024 Chevrolet Blazer EV Electric | Varies (Bonus Cash) | $7,500 | |
| 2023 Chevrolet Silverado 1500 | Nationwide | $7,250 | |
| 2024 Chevrolet Blazer | Nationwide | $2,000 | |
| 2023 Chevrolet Blazer | Nationwide | $2,000 | |
| 2024 Chevrolet Equinox | Nationwide | $1,500 | |
| 2024 Chevrolet Traverse LTD | Nationwide | $750 | |
| 2023 Chevrolet Traverse | Nationwide | $750 | |
| 2023 Chevrolet Silverado 3500HD | Nationwide | $500 | |
| 2023 Chevrolet Silverado 2500HD | Nationwide | $500 |
Best Chevrolet Finance Deals
| Vehicle | 36 mo | 72 mo | Deals |
|---|---|---|---|
| 2024 Chevrolet Trailblazer | 1.9% | - | |
| 2024 Chevrolet Silverado 1500 | - | 2.9% | |
| 2024 Chevrolet Malibu | 1.9% | - | |
| 2024 Chevrolet Equinox | 1.9% | - | |
| 2024 Chevrolet Blazer | 1.9% | - | |
| 2023 Chevrolet Traverse | 1.9% | - | |
| 2023 Chevrolet Trailblazer | 1.9% | - | |
| 2023 Chevrolet Silverado 3500HD | 2.4% | - | |
| 2023 Chevrolet Silverado 2500HD | 2.4% | - | |
| 2023 Chevrolet Silverado 1500 | - | 2.9% | |
| 2023 Chevrolet Blazer | 1.9% | - |
Ready to Negotiate the Best Chevrolet Deal?
The price/lease quote services I recommend are TrueCar and CarsDirect. They will get you best deal offers from local dealers, helping you gather bids easily (Use my car negotiation method to further reduce prices)
Incentives By Make
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Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid
