GM Incentives and Lease Deals for May 2024
When it comes to leases, the 2024 Chevrolet Silverado 1500 and Sierra 1500 offer Excellent value. The worst lease deals are on the 2024 Chevrolet Suburban and 2024 Tahoe, you'll want to stay away from leasing these models.
Of note for May, GM is offering up to $7,500 in cash rebates on the 2024 Cadillac Lyriq Electric and $7,500 on the 2024 Blazer EV Electric. Overall, the average rebate across all GM models is currently $2,200.
Incentives can vary a lot by region. Always verify with your local dealers.
Ready to Negotiate the Best Gm 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)
Best Current GM Lease Deals May 2024
| Vehicle | Monthly Payment / $0 Down | ||||
|---|---|---|---|---|---|
| MSRP | Payment | Value | Best Region | Deals | |
| Cadillac Lyriq Electric 2024 Tech Preferred | $59,465 | $563 /mo | Excellent | Nationwide | |
| Chevrolet Silverado 1500 2024 LT (2FL) | $55,470 | $544 /mo | Excellent | Multiregion | |
| GMC HUMMER EV Pickup Electric 2024 e4WD 2X | $99,720 | $1,001 /mo | Excellent | Nationwide | |
| GMC Sierra 1500 2024 Elevation | $58,070 | $627 /mo | Excellent | Pacific NW | |
| GMC HUMMER EV SUV Electric 2024 e4WD 2X | $99,720 | $1,124 /mo | Excellent | Nationwide | |
| Chevrolet Equinox 2024 LT | $31,765 | $372 /mo | Good | Multiregion | |
| GMC Terrain 2024 SLE | $30,970 | $379 /mo | Good | Multiregion | |
| Cadillac CT4 2024 excluding V Premium Luxury | $41,565 | $512 /mo | Good | Multiregion | |
| Buick Encore GX 2024 Preferred | $27,770 | $343 /mo | Good | Multiregion | |
| Chevrolet Trailblazer 2024 LT | $28,470 | $375 /mo | OK | Washington DC | |
| GMC Canyon 2024 Short Elevation | $41,770 | $554 /mo | OK | Multiregion | |
| Chevrolet Colorado 2024 LT | $40,855 | $549 /mo | OK | Washington DC | |
| Chevrolet Trailblazer 2023 LT | $28,470 | $385 /mo | OK | Multiregion | |
| Cadillac XT5 2024 Luxury | $46,165 | $644 /mo | OK | Multiregion | |
| Chevrolet Traverse LTD 2024 LT | $39,315 | $545 /mo | OK | Multiregion | |
| Cadillac CT5 2024 excluding V Luxury | $40,465 | $571 /mo | OK | Multiregion | |
| GMC Acadia 2024 Elevation | $44,870 | $628 /mo | OK | Texas | |
| Cadillac XT4 2024 Luxury | $39,965 | $574 /mo | OK | Multiregion | |
| Chevrolet Malibu 2024 LT | $30,070 | $438 /mo | Poor | Multiregion | |
| Chevrolet Trax 2024 LT | $24,270 | $362 /mo | Poor | Washington DC | |
| Chevrolet Tahoe 2024 LT | $67,570 | $1,040 /mo | Poor | Nationwide | |
| Chevrolet Suburban 2024 LT | $70,570 | $1,089 /mo | Poor | Nationwide | |
Best GM Cash Rebates
| Vehicle | Best Region | Max Rebate | Deals |
|---|---|---|---|
| 2024 Cadillac Lyriq Electric | Varies (Bonus Cash) | $7,500 | |
| 2024 Chevrolet Blazer EV Electric | Varies (Bonus Cash) | $7,500 | |
| 2024 GMC Sierra 1500 | Nationwide | $5,350 | |
| 2024 Chevrolet Silverado 1500 | Nationwide | $4,750 | |
| 2023 Buick Envision | Varies (Bonus Cash) | $2,750 | |
| 2024 Chevrolet Blazer | Nationwide | $2,500 | |
| 2024 GMC Terrain | Nationwide | $2,250 | |
| 2023 GMC Acadia | Nationwide | $2,000 | |
| 2024 Chevrolet Malibu | Nationwide | $2,000 | |
| 2024 Buick Enclave | Nationwide | $1,750 | |
| 2024 Chevrolet Equinox | Nationwide | $1,500 | |
| 2024 Cadillac CT4 | Nationwide | $1,250 | |
| 2024 Cadillac CT5 | Nationwide | $1,250 | |
| 2024 Cadillac XT5 | Nationwide | $1,000 | |
| 2024 Chevrolet Traverse LTD | Nationwide | $750 | |
| 2024 Cadillac XT6 | Nationwide | $500 | |
| 2024 Cadillac XT4 | Nationwide | $500 | |
| 2024 Chevrolet Trailblazer | Nationwide | $500 | |
| 2023 Chevrolet Trailblazer | Nationwide | $500 | |
| 2023 Chevrolet Silverado 3500HD | Nationwide | $500 | |
| 2023 Chevrolet Silverado 2500HD | Nationwide | $500 |
Best GM Finance Deals
| Vehicle | 36 mo | 48 mo | 60 mo | 72 mo | Deals |
|---|---|---|---|---|---|
| 2024 GMC Terrain | 0.9% | - | - | 0.9%
+$1,500 |
|
| 2024 GMC Sierra 1500 | - | - | - | 1.9% | |
| 2024 GMC Canyon | 1.9% | - | - | - | |
| 2024 Chevrolet Traverse LTD | 1.9% | - | - | - | |
| 2024 Chevrolet Trailblazer | 1.9% | - | - | - | |
| 2024 Chevrolet Silverado 1500 | 1.9% | - | - | - | |
| 2024 Chevrolet Malibu | 1.9% | - | - | - | |
| 2024 Chevrolet Equinox | 1.9% | - | - | - | |
| 2024 Chevrolet Blazer | 1.9% | - | - | - | |
| 2024 Cadillac XT6 | - | 3.9%
+$1,500 |
- | - | |
| 2024 Cadillac XT5 | - | 3.9%
+$1,500 |
- | - | |
| 2024 Cadillac XT4 | - | 3.9%
+$500 |
- | - | |
| 2024 Cadillac CT5 | - | 3.9%
+$500 |
- | - | |
| 2024 Cadillac CT4 | - | 3.9%
+$500 |
- | - | |
| 2024 Buick Encore GX | 0.9% | - | - | - | |
| 2024 Buick Enclave | 0.9% | - | - | - | |
| 2023 GMC Canyon | 1.9% | - | - | - | |
| 2023 GMC Acadia | 1.9% | - | - | - | |
| 2023 Buick Envision | - | - | 0.9% | - |
Ready to Negotiate the Best Gm 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
