Following a number of great deals for the Chevrolet Camaro towards the end of last year, the automaker has started the new year off with more savings in an attempt to entice more buyers. This follows a rumor a few days ago that the slow-selling Camaro will stick around until 2026. Nevertheless, Chevy still has to sell more cars right now, which is why it has introduced a $2,750 Camaro nationwide discount, which is comprised of a GM card bonus worth $1,000 and a cashback rebate to the value of $1,750. The discounts were detailed on Chevy's website.

The bonus cash will require prospective customers to be a GM Rewards Cardmember from January 4, 2021. The total $2,750 discount applies to 2020 Camaros, whereas 2021 models have a reduced cash allowance of $1,000, equating to total savings of $2,000. The bonus earnings will expire on March 1, 2021. Added to this, customers will be required to take delivery by February 1, 2021. These deals add more appeal to an already well-priced sports car, as the 2021 Camaro starts at an MSRP of just $25,000, excluding a destination charge of $995. For the coupe, prices go all the way up to $63,000 for the ZL1 automatic, excluding the destination charge and a gas guzzler tax of $2,100.

Last month, Dodge announced its own big discount for the Challenger SRT Super Stock. While the Dodge Challenger and Ford Mustang regularly battle it out for the top spot among American muscle cars, the Camaro's sales have dropped markedly in recent times. Despite this, it should still be on your shortlist if it's the kind of car you're after.

The Camaro looks good, provides strong V6 or V8 power, and handles better than its Challenger rival. Then again, the Mustang in its current incarnation does feel like a more modern product. If you're still undecided, perhaps the latest incentives could be enough to help you take the plunge.