Chevrolet Silverado Discount Reaches $8,000 In February 2020

For the month of February 2020, a new Chevrolet Silverado discount reduces the price of select 1500 models by as much as $8,000. While this is still a decent amount of savings, it pales in comparison to January’s $10,000 discount as well as the 20 percent discount available in December, which extended employee discount pricing to all buyers and equated to nearly $12,000 off in some cases.

In addition, Chevy is also offering interest-free financing for select 2019 and 2020 Silverado 1500 models.

The Incentives

Nationwide Chevrolet Silverado discount offers for the all-new 1500 pickup truck on the T1 platform during February 2020 are as follows:

  • 2019 Silverado 1500 Finance Offer: 0 percent APR for 72 months for well-qualified buyers financing with GM Financial + $1,000 bonus earnings
    • Must be a GM Cardmember as of January 2nd, 2020.
  • 2019 Silverado 1500 Retail Offer: up to $6,250 customer cash
  • 2020 Silverado 1500 Finance Offer: 0 percent APR for 72 months for well-qualified buyers financing with GM Financial + $1,000 bonus earnings
    • Must be a GM Cardmember as of January 2nd, 2020.
  • 2020 Silverado 1500 Retail Offer: up to $8,000 customer cash

For reference, here are the applicable 2019 and 2020 Chevrolet Silverado 1500 trim levels and their corresponding starting MSRPs, $1,595 destination freight charge included:

2019

  • Work Truck – $29,895
  • Custom – $36,195
  • LT – $38,495
  • RST – $40,395
  • Custom Trail Boss – $41,095
  • LTZ – $44,595
  • LT Trail Boss – $49,895
  • High Country – $57,895

2020

  • Work Truck – $29,895
  • Custom – $36,195
  • LT – $38,495
  • RST – $40,395
  • Custom Trail Boss – $41,095
  • LTZ – $44,595
  • LT Trail Boss – $50,095
  • High Country – $58,095

Interested buyers should take note of the requirements for each of the Chevrolet Silverado discount offers on the 1500 pickup during the month of February 2020, as they vary according to body style, trim and powertrain. In fact, the biggest rebates are applied to models equipped with the turbocharged 2.7-litre L3B four-cylinder engine.

For reference, here’s a comprehensive list of all the Chevrolet offers for the T1 Silverado during the 2019 calendar year, with the offers typically being limited to specific models/trims:

Disclaimers

  • Must take delivery by March 2nd, 2020, unless otherwise specified
  • See dealer for details.
  • Incentive for the United States of America, unless otherwise specified.
  • Some customers may not qualify for this Chevrolet Silverado discount offer.
  • Offer not available with special finance, lease, and some other offers.

We strive to provide accurate and up-to-date information about the vehicles and their incentives in question, but errors and misprints can happen. In addition, the manufacturer can change incentive information at any time and without notice. Always consult with your dealer regarding color availability information before making purchase decisions. GM Authority will not be held responsible for any misprints, typos or any other errors.

About Chevrolet Silverado
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2019 Chevrolet Silverado 1500 High Country at the 2018 Detroit Auto Show

About Chevrolet Silverado

The Chevrolet Silverado is a lineup of full-size pickup trucks sold primarily in North America, but also in the Middle East and in certain markets in South America. Slotting above the mid-size Chevrolet Colorado (known as the S10 in some markets), the Silverado is Chevrolet's largest pickup truck and currently consists of the 1500 light duty model, two Heavy Duty models - the 2500HD and 3500HD, as well as Conventional Class 4, Class 5 and Class 6 Medium Duty models - the Silverado 4500HD and Silverado 5500HD and Silverado 6500HD.

The 2018 Chevy Silverado represents the fifth model year of the third-generation Silverado. It is based on the GM K2 platform shared with other full-size pickup trucks and SUVs from GM. Though the line sold relatively well, it became less competitive in the marketplace with time when compared to its primary Ford F-Series rival, due to lacking cutting-edge features such as turbocharged engines, a rugged off-road variant such as the Ford F-150 Raptor, a diesel engine option in the light duty (1500) model, and also various modern features and equipment.

2019 Chevrolet Silverado 1500 High Country at the 2018 Detroit Auto Show

Luckily, an all-new Silverado arrived for the 2019 model year that addresses many of the issues of its predecessor model. Customers began taking delivery of the all-new truck in the second half of August 2018.

Chevrolet says that the all-new 2019 Silverado is the result of over 7,000 customer interviews - the most intensive research in its history. The new model uses higher grade alloy steel in the bed floor as well as various mixed materials that result in a reduction in weight and improved performance, with weight falling about 450 pounds. The truck also offers an expanded amount of models for a total of eight, including the new 2019 Silverado Trailboss.

Riding on GM's new T1 platform shared with other future GM full-size trucks and SUVs, the 2019 Silverado offers more technology, convenience features, and engine/transmission combinations. While details of five powertrain combos have already been revealed, GM has not yet shared details of the new inline-six 3.0L Duramax Diesel engine, only stating that it will be "best-performing" and that it will be mated to GM's new 10-speed transmission.

Notably, the outgoing, Chevy will continue manufacturing and selling the outgoing, K2 generation Silverado alongside the all-new model for a limited amount of time in limited configurations.

Having overhauled the Silverado 1500, Chevy will next overhaul the Silverado Heavy Duty. The brand released a teaser image of the upcoming all-new 2020 Silverado HD in April 2018 and announced the vehicle in November 2018. The truck will launch in the 2019 calendar year as a 2020 model.

The 2020 Silverado HD will be comprised of the Silverado 2500HD and Silverado 3500HD that ride on a more robust and capable version of the new T1 platform when compared to the 2019 Silverado 1500, while sharing many high-tech features and design elements with its light duty brother.

Completing the overhauled Silverado family is the 2019 Silverado Medium Duty series, comprised of the Silverado 4500HD, 5500HD, and 6500HD.

2019 Chevrolet Silverado Medium Duty (5500HD)

The Chevrolet Silverado is built at the following GM plants:

Related News & Info

2019 Chevrolet Silverado Photos
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