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Chevrolet Silverado Discount Cuts Price By $6,000 In March 2020

For the month of March 2020, a new Chevrolet Silverado discount reduces the price of select 1500 models by as much as $6,000. While this is still a decent amount of savings, it pales in comparison to January’s $10,000 discount, and is less than last month’s $8,000 offer. Additionally, the offer is about half as generous 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.

Shoppers should also note that Chevy is offering interest-free financing for select 2019 and 2020 Silverado 1500 models yet again this month. Additionally, the Bow Tie brand is deferring monthly payments for the first 120 days when buyers borrow from GM Financial.

The Incentives

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

  • Featured Finance Offer: 0 percent APR for 72 months + $500 cash for well-qualified buyers through GM Financial
    • Available for 2019 and 2020 Silverado 1500 Crew Cab models
  • Featured Finance Offer II: 0 percent APR for 84 months for well-qualified buyers though GM Financial
  • Featured Retail Offer I: $6,000 customer cash
    • Available for 2020 Silverado 1500 Crew Cab models
  • Featured Retail Offer II: $4,500 customer cash
    • Available for 2020 Silverado 1500 Double Cab models
  • Featured Lease Offer: $259 monthly for 24 months
    • Offer valid nationwide for 2020 Silverado 1500 Crew Cab 2WD Custom w/4.3L EcoTec3 V6 & Custom Value Package
    • For Current Lessees of 2015 model year or newer select GM vehicles:
      • Ultra-low mileage lease with 10,000 miles per year
      • $1,879 due at signing (after all offers)
      • $0 security deposit

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 March 2020, as they vary according to body style, trim, powertrain, and even packaging in some cases.

For reference, here’s a comprehensive list of all the Chevrolet offers for the T1 Silverado during the 2019 calendar year and so far during 2020:

Disclaimers

  • Must take delivery by March 31st, 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.

2019 Chevrolet Silverado 1500 High Country - Exterior - 2018 Detroit Auto Show 002

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 - Exterior - 2018 Detroit Auto Show 004

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.

2020 Chevrolet Silverado HD

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.

2020 Chevrolet Silverado 2500 HD LT Crew Cab 02

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 5500HD exterior 004

2019 Chevrolet Silverado Medium Duty (5500HD)

The Chevrolet Silverado is built at the following GM plants:

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Comments

  1. Just sharing information here, nothing scientific but real none the less. I have said on here for a while that the current generation trucks are not GM’s best. Now, you don’t have to agree with that, That’s fine but I am just telling what is going on in my little section of the world.
    In the last 2 years in my circle of friends I have seen life long Chevy owners switch to Ram citing the various reasons we all talk about on here (styling, interior , etc.) . These were loyal GM folks that said they were disappointed with the current truck. Ok, I get it, I can’t make myself fully like the truck to the point I want to buy yet but I STILL think I will if GM freshens it for 2021 and addresses a few complaints. But Saturday took the cake! My lifelong best friend who is more than a brother to me traded his ’18 Silverado for a new F 150!! While he and his wife were at the dealer, she looked at an Expedition Limited and they came home, got their ’17 Tahoe and traded it for that Expedition too!!! They said the Ford was just nicer and felt like more for the money!
    Triple Zero dreams and ATP and supply constraints and strike excuses aside, this truck is not as well received as new models were in the past and GM seems to want to just stick their head in the sand about it. Sure they sell well, American trucks will always sell well, but Chevy trucks are losing their allure to future generations. They are not the icon they once were.

    Reply
    1. more for the money! – Americans want value for their dollar and GM is simply nickel and diming customers. Hyundai and Kia are all about terrific value and they’re eating GM’s lunch… Mary Barra is the problem, she needs to go…

      Reply
      1. Forgot to mention that trash, “jet black” interior… GM is rudderless….

        Reply
  2. That white one looks like some mangy mongrel animal… hideous. The Ram is a luxury car in comparison…

    Reply
  3. Great job guys, reporting on this the second last day for before the end of March. Here’s what you need to do, get some Trump money and hire someone who can help you guys buy a calendar. With the huge downturn in the economy, both in Canada and the USA, the factory rebates will be much larger, just to keep the auto production lines working. Trust me, sales are zero right now. Wait until the first few days of April to see all the companies make much better rebate offers. Then wait until May to see them go up even more.

    Reply
    1. Mark – you have 48 hours to make the purchase, which is more than enough time, even in today’s world of COVID.

      So you are very welcome for informing you of the discount, which we do every single day of the month. Again, you are welcome.

      Also, you are more than welcome to buy us a calendar and ship it to the following address:
      123 Dumbest Comment of the Month Road
      Stupidville USA 00000

      Wait, are you the same “Mark Smyth” who told us that GM Authority incorrectly compiled sales data for the Chevrolet Low Cab Forward trucks… only to be proven wrong, at this link:
      https://gmauthority.com/blog/2019/10/chevrolet-low-cab-forward-sales-numbers-figures-results-third-quarter-2019-q3/

      But please do buy us that calendar! 😉

      Reply

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