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Chevrolet Silverado Discount Cuts Price By $8,250 In June 2020

A new Chevrolet Silverado discount reduces the price of select 2019 1500 models by up to $8,250, while 2020 1500 models receive a cashback rebate of up to $7,500. Additionally, the Bow Tie brand is offering interest-free financing for both 2019 and 2020 Silverado 1500 models, although the 84-month financing option that was introduced during the COVID-19 pandemic is no longer offered.

On top of that, Chevrolet is also extending a Sign & Drive lease deal, wherein the buyer benefits from a zero-dollar down payment, first month’s payment, and security deposit.

The Incentives

The nationwide Chevrolet Silverado discount offers for the all-new 1500 pickup truck on the T1 platform during the month of June 2020 are as follows:

  • Featured Finance Offer: 0 percent APR for 72 months for well-qualified buyers through GM Financial
    • Available on all 2019 and 2020 Silverado 1500 models
  • 2020 Purchase Offer : up to $7,500 customer cash
    • Available on select 2020 Silverado 1500 models
  • 2019 Purchase Offer: up to $8,250 customer cash
    • Available on select 2019 Silverado 1500 models
  • Featured Lease Offer: $363 monthly for 39 months
    • Offer valid nationwide for 2020 Silverado 1500 Custom Crew Cab
    • 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

Interested shoppers should note that all of the above offers will remain valid through the end of the month. 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 June 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:

Disclaimers

  • Must take delivery by June 30th, 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.

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