Chevy's latest finance deal may just get shoppers to bite.
Sales of new Corvettes this year have gotten off to a slow start with only 800 finding homes during January. So what better way to get shoppers rushing down to their nearest dealer than to offer a lucrative finance deal?
Chevrolet is currently offering zero percent financing for 72 months on their stock of Stingray, Grand Sport and Z06 models. But, as always, there are a few caveats, some of which are pretty clear, others not so much.
The deal applies to Chev’s remaining stock of 2018 model year Corvettes and you will have to be a ‘well qualified’ buyer who must take delivery by April 1. Now for the bits that require a bit more digging. According to Corvette Blogger, 2018 model year Corvettes were only produced over a five-month period and only 9,686 were built during that time, making them a bit rarer than you might expect.
There are currently 338 as-new 2018 models listed for sale on cars.com compared to 5,414 Corvettes from the 2019 model year, most likely due to these models having been in production for over 13 months.
Of course, this is only a rough gauge of how many 2018 cars are left on dealer’s floors, but you may need to look around a bit before you find the specific model you want. The zero-percent finance deal itself is pretty good although you may find even more lucrative discounts on offer as while the 2018 Corvettes may be in short supply there are plenty of 2019 models still sitting on dealer’s lots, some being offered at big discounts over their new sticker prices.
Whether you go for Chevy’s own offer or one offered by a dealer, it seems that now is a good time to get behind the wheel of a Corvette.