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Chevrolet Traverse Discount Cuts Price By $2,500 In August 2020

For August 2020, Chevrolet Traverse discount offers no longer apply to the previous 2019 model. Instead, shoppers are left with an available $2,500 cashback rebate for select 2020 Traverse models. To clarify, it is possible that dealers are offering their own discounts for remaining 2019 models still sitting on the lot.

Prospective buyers should also know that the automaker ended its interest-free financing promotion in June. That said, The Bow Tie brand is extending a competitive, nationwide lease offer that gets shoppers in the seat of a Traverse for as little as $329 a month.

Incentives

Nationwide Chevrolet Traverse discount offers for the full-size crossover during the month of August 2020 are as follows:

  • Featured Purchase Offer: $2,500 cash allowance
    • Excludes Traverse L trim level
  • Featured Lease Offer: $329 a month for 36 months for current eligible lessees
    • Applies to Traverse FWD LT model
    • Ultra low-mileage lease with 10,000 miles per year
    • $1,829 due at signing (after all offers)
    • $0 security deposit
    • Offer not available nationwide; observed in the Detroit area market

Shoppers should note that all of the above Chevrolet Traverse discount offers will run until August 31st, 2020. Furthermore, General Motors has extended its special vehicle discounts for first responders and healthcare workers on the frontlines of the battle against the COVID-19 coronavirus until September 30th.

For reference, here are the 2020 Traverse trim levels and their corresponding starting MSRPs, $1,195 destination freight charge included:

  • L – $30,995 (not applicable to the aforementioned incentives)
  • LS – $34,095
  • LT – $36,595
  • RS – $44,795
  • Premier – $46,995
  • High Country – $52,095

As such, the headlining offer lowers the starting price of the Traverse LS model to $31,595. Notably, this month’s featured offer is quite a bit less generous than last month’s $6,000 discount, which was exclusive to 2019 Traverse models.

Disclaimers

  • Must take delivery by August 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 Traverse 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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