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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

3 Steps Every Car Buyer Needs to Take to Save Maximum Money

The key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:

Step 1 Get Prices From My Trusted Network

Select the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).

Select Vehicle to Get Local Pricing

Step 2 Get Prices From TrueCar / CarsDirect

TrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.

Step 3 Complete my Checklist

Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan

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

About The Author

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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