$3,250 sounds like a deal - but you'll have to act fast.
Last month, we reported on some incredibly enticing deals to be had on the Chevrolet Silverado. But it seems the Bowtie-branded company is offering buyers of its truck even more savings in the month of February. GM Authority reports that there's a new offer available: $750 Select Market Competitive Cash bundled with interest-free financing (for four years) on 2021 1500 models and the 2022 1500 Limited.
The cash-back offer is reportedly for current owners or lessees of MY2008 or newer non-GM vehicles. But that's not all Chevrolet is offering. Those wanting to purchase their Silverados with cash can look forward to discounts, too: up to $3,250 off the 2021 Silverado Crew Cab Work Truck is up for grabs if you opt for the turbocharged 2.7-liter engine. The discounts vary depending on powertrain and configuration selections.
A national lease is also available for an appealing $329 per month (for 24 months) on the 2021 Short Box Crew Cab 4WD LT derivative with the same abovementioned turbocharged inline-four. This is applicable to current lessees of MY2017 or newer non-GM vehicles. This is tethered to an ultra-low mileage lease with 10,000 miles per year and requires $4,939 due at signing, with a $0 security deposit.
February's deals allow would-be buyers to clinch great deals, with a cash allowance ranging from $500 to $3,250 for 2021 Silverado 1500 models and $500 to $2,500 for 2022 1500 Limited variants. The 2021 Silverado 1500 also benefits from lucrative finance offers, including 0% APR for up to 48 months, although this is limited to very well-qualified buyers and must be financed through GM Financial. 2022 1500 Limited models enjoy the same financing benefits.
Taking the fight to the mighty Rivian R1T and Ford F-150 Lightning is Chevrolet's own electrified truck. While the Silverado EV may be some way behind its aforementioned rivals, GM has noted that demand for the battery-powered truck is high, with confirmed orders for the electric Silverado surpassing the 110,000 mark.
Incredibly, reaction to the newcomer has been so positive that GM's CEO Mary Barra noted the RST First Edition model sold out in 12 minutes, with reservations still coming in. While demand for the Silverado EV will undoubtedly rise as time goes by, the current offers on gas-powered models are too good to ignore and, if you're looking for a dependable, GM-built workhorse, now may be the time to take the plunge and save a few dollars in the process. Offers are valid through February 28, 2022.