During the month of May 2020, a new Chevrolet Silverado discount reduces the price of select 2020 1500 models by a sizable $8,500, while a second offer reduces the price of select 2019 models by up to $8,750.
On top of that, the Bow Tie brand is also offering interest-free financing or deferred payments for 120 days as an effort to assist consumers during a time of need due to the coronavirus pandemic.
The Incentives
The nationwide Chevrolet Silverado discount offers for the all-new 1500 pickup truck on the T1 platform during the month of May 2020 are as follows:
- Featured Finance Offer: 0 percent APR for 84 months for well-qualified buyers through GM Financial
- Available on all 2019 and 2020 Silverado 1500 models
- 2020 Purchase Offer : up to $8,500 customer cash
- Available on select 2020 Silverado 1500 Crew Cab models equipped with select packages
- 2019 Purchase Offer: up to $8,750 customer cash
- Available on select 2019 Silverado 1500 Crew Cab models equipped with select packages
- Featured Lease Offer: $331 monthly for 39 months
- Offer valid nationwide for 2020 Silverado 1500 Crew Cab Custom w/4.3L EcoTec3 V6 & Custom Value Package
- Ultra-low mileage lease with 10,000 miles per year
- For current eligible lessees of 2015 model year or newer select GM vehicles:
- $0 down payment
- $0 first payment
- $0 security deposit
Furthermore, until June 30th, 2020, General Motors is offering special vehicle discounts for first responders and healthcare workers on the frontlines of the battle against the COVID-19 coronavirus.
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 May 2020, as they vary according to body style, trim, powertrain, and even packaging in some cases. As stated, the offers are set to expire after the first week of April, so time is of the essence.
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:
- January 2019 (introduced mid-month): $6,505 off
- February 2019: over $7,000 off
- March 2019: over $9,000 off
- April 2019: over $9,500 off
- May 2019: over $9,000 off
- June 2019: over $8,500 off
- July 2019: 20 percent off
- August 2019: 20 percent off
- September 2019: $9,760 off
- October 2019: $9,510 off
- November 2019: 20 percent off
- December 2019: 20 percent off
- January 2020: $10,000 off
- February 2020: $8,000 off
- March 2020: $6,000 off
- April 2020: $6,500 off
- May 2020: $8,500 off
Disclaimers
- Must take delivery by June 1st, 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.
Subscribe to GM Authority for more Chevrolet Silverado news, Chevrolet news, and around-the-clock GM news coverage.
Comments
This is a bit confusing, I read that GM was in very short supply of full-size pickups, states in the west the dealers were out of pick-ups.
Big deal. I want a double cab. And the dealers I buy from never have a vehicle on their lot to match my requirements.
Get on the internet . Most dealers around your area will drop ship to your local dealer at no charge.
I ordered a 2020 silverado high country 2500 in november right after the strike . It is now april, and no word on when my truck will be built. Do I wait another couple of months and order a 2021 or do I put my life on hold another 6 months and get the new truck I wanted 1 year ogo?
Gm giving about the same cash back on 2019s as 2020 what a joke 750 more if buying a 19 worth about 7 or 8000 less when you trade it
Leases way to high leased a 2017 gmc slt loaded for 15,900 after taxes fees and all now they want on average over 20,000 plus for same truck for 36 months 10,000 mile hope gm is hungry they will be eating alot of them