During the month of June 2020, GMC Terrain discount offers give buyers the choice between a $4,500 cashback rebate on most 2020 models or a second, separate offer which includes interest-free financing. Notably, GM has reduced the length of the interest-free loan from 84 months (7 years) to 72 months (6 years).
In addition to the aforementioned offers, GMC is also extending a ‘Sign & Drive’ lease offer, with payments as low as $266 a month for select models in select markets. Interested parties should also note that this month’s offers are not exclusive to current competitive owners (otherwise known as current non-GM owners) or loyal GM owners.
The Incentive
Nationwide GMC Terrain discount offers during the month of June 2020 are as follows:
- Featured Purchase Offer: $4,500 customer cash
- Excludes base SL trim level
- Featured Finance Offer: 0 percent APR for up to 72 months
- Excludes base SL trim level
- Featured Lease Offer: $266 monthly for 39 months
- Applies to Terrain SLE FWD model
- For GM Employees and Eligible Family Members who are Current Lessees:
- Ultra-low mileage lease with 10,000 miles per year
- $0 first month’s payment
- $0 security deposit
- $0 due at signing
- Offer not valid nationwide; only observed in the Detroit market
Interested parties should note that 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 2020 Terrain trim levels and their corresponding MSRPs, $1,195 destination freight charge included:
- SL – $26,195 (excluded from this month’s incentive offers)
- SLE – $29,595
- SLT – $32,395
- Denali – $39,495
As such, the headlining GMC Terrain discount lowers the starting price of the 2020 SLE to $25,095, making it more affordable than the base SL model.
Disclaimers
- Must take delivery by June 30th, 2020.
- See dealer for details.
- Incentive for the United States of America, unless otherwise specified.
- Some customers may not qualify for this GMC Terrain 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.
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Comments
GM has reduced the length of the interest-free loan from 84 months; hopefully this means that the GMC Terrain is still functional after 7 years as it could be dreadful to still make payments on something that is sitting in a junk yard some where.
You can pretty much bet on needing a rebuilt engine or a new transmission before 84 months. My sister went through 3 transmissions on her 2012 Tahoe before giving up.