GM Offering $1,000 Rebate on V6 Equinox and Terrain
GM currently has a shortage of the 2.4-liter models with no end in sight. The good news? They have plenty of the V6 models to go around, plus they're throwing in a $1,000 cash-back rebate.
The V6 on the Equinox is a $1,500 option. When you factor in the rebate, plus the additional flexibility on price negotiation, you're probably looking at paying the same price as the 4 cylinder.
The only problem is that the V6 gets only 17 miles per gallon city and 24 miles highway, while the 4-cylinder gets 22/32 - a savings of around $600 per year on fuel costs.
Another negative: Most review sites prefered the 4-cylinder over the V6 models. But, if your heart is set on these models and you're having a tough time finding one, this may be the option for you.
Be sure to use the TrueCar when getting pricing.
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