End of model year deals are awesome.
It's that time of the year when automakers are anxious to ditch what's left of the previous model year stock. There are deals to be had and even better ones when a particular make and model recently experienced a sales decrease. That vehicle is the 2019 Chevrolet Tahoe and right now the automaker is desperate to sell more units and, therefore, is offering a pretty incredible discount this month. How does a $9,276 discount sound? We thought so.
According to the Chevrolet website, this discount is specifically good for the 2019 Tahoe Premier trim, which starts at a hefty $66,995 when powered by the 5.3-liter EcoTec V8 linked to a six-speed automatic. The 6.2-liter V8 variant, mated to a 10-speed automatic, starts at $72,520. Applying the discount brings the prices down to $57,719 and $63,244, respectively. The discount breakdown works as follows: a $4,276 price cut from MSRP, $3,000 cash allowance, and a $2,000 owner loyalty cash discount.
Yes, this means only GM vehicle owners can receive the maximum discount. Fortunately, non-GM owners can still receive a $7,276 discount. Those who opt to finance their vehicle through GM Financial will be eligible for zero percent APR for 72 months.
GM Authority has also noted yet another deal on the 2019 Tahoe, this time the Premier Plus Special Edition. Buyers will receive up to a $7,500 discount thanks to $3,000 customer cash and $4,500 package cash allowances. Delivery must be taken by October 31 in order to qualify. There are a couple of reasons why Chevrolet is offering these attractive Tahoe price reductions.
Last quarter, overall Tahoe sales in the US were down by 9 percent, which is kind of surprising given just how popular the SUV market has become once again. For example, Ford is having no problems selling Expeditions, one of the Tahoe's main rivals. Chevy also wants to sell off remaining Tahoe stock because, more than likely, the next-generation model is not far off. We expect it to debut sometime next year as a 2021 model.