New Chevrolet Incentives for October

October 1, 2009

chevrolet-incentives-october General Motors has announced good incentives and deals for October, in the form of cash-back rebates and low-interest loans. As usual, you can accept either the cash-back or the low APR loan, but not both.

Another incentive is a little unusual — a $500 cash rebate if the buyer wants to decline the General Motors 60-Day Satisfaction Guarantee. We would advise buyers who are not absolutely, totally, unquestionably sure they will want to keep the car to keep the 60-day guarantee and turn down the $500.

In general, the incentives are somewhat better than last month’s and apply in many cases to both 2010 and 2009 models, although the 2010 deals are not as good. In some cases, such as on the hot new 2010 Camaro, there are no incentives except the previously mentioned $500 for waiving the GM 60-day satisfaction guarantee.

All current GM incentives end on November 2, 2009 and are subject to change during that time. Furthermore, incentives may vary, depending on the area of the country. Low-APR loans are also subject to customer credit score requirements.

Following are examples of current (October) Chevrolet new-car incentives (2009 models except where noted) :

Chevrolet Avalanche – $3500 customer cash-back rebate or 2.9% APR loan rate for 36/48/60 months and 4.9% for 72 months

2010 Chevrolet Avalanche – $1000 rebate or 4.9% APR (36/48/60 months) and 6.9% for 72 months

Chevrolet Aveo – $1500 rebate or 5.9% APR

Chevrolet Cobalt – $1500 rebate

Chevrolet Corvette – $4000 cash-back rebate or 0% APR for 36/48/60 months (3.9% for 72 months)

Chevrolet Equinox – $2500 customer rebate or 4.9% APR for 36/48/60 months

Chevrolet HHR – $2000 rebate or 3.9% APR for 36/48/60 months

Chevrolet Impala – $2500 rebate or 4.9% for 36/48/60 months

Chevrolet Malibu – $1500 rebate plus $1000 bonus cash or 3.9% APR for 36/48/60 months

Chevrolet Silverado 1500 – $3500 rebate plus $1000 bonus or 2.9% APR for 36/48/60 months and 4.9% for 72 months

Chevrolet Tahoe – $1500 rebate plus up to $4500 bonus cash or 5.9% APR for 36/48/60 months

Chevrolet Trailblazer – $3500 rebate or 2.9% APR for 36/48/60 months and 4.9% for 72 months

Chevrolet Traverse – $2000 rebate or 5.9% for 36/48/60 months

You can get free dealer price quotes on any of the above Chevrolet vehicles from Edmunds.com. The quotes will automatically include any cash-back rebates or discounts that are currently available.