General Motors is offering a $5,750 cashback rebate for most 2020 GMC Terrain models, as well as a $4,500 purchase allowance for 2021 models. And, thanks to the ongoing GMC Black Friday Sales Event, interest-free financing is also available for select Terrain trim levels.
Interested shoppers will be pleased to know that the aforementioned offers are available nationwide. Additionally, the Professional Grade brand is also offering attractive lease programs in most markets for current eligible lessees.
The Incentive
Nationwide GMC Terrain discount offers during the month of November 2020 are as follows:
- Featured 2020 Terrain Purchase Offer: $5,750 purchase allowance
- Excludes base SL trim level
- Featured 2021 Terrain Purchase Offer: $4,500 purchase allowance
- Excludes base SL trim level
- Featured 2020 Terrain Finance Offer: 0 percent (interest-free) APR for up to 84 months
- Featured 2020 Terrain Lease Offer: $159 monthly for 24 months
- Applies to Terrain SLE FWD
- For eligible current lessees:
- Ultra low-mileage lease with 10,000 miles per year
- $0 security deposit
- $3,119 due at signing
- Offer example not valid nationwide; only observed in the New York City market
Interested parties should note that the above offers will remain valid through November 30th, 2020.
For reference, here are the 2020 and 2021 Terrain trim levels and their corresponding MSRPs, $1,195 destination freight charge included:
2020
- SL – $26,195 (excluded from this month’s incentive offers)
- SLE – $29,595
- SLT – $32,395
- Denali – $39,495
2021
- SL – $26,195 (excluded from this month’s incentive offers)
- SLE – $29,595
- SLT – $33,695
To clarify, 2021 GMC Terrain models are not yet available for order. Notably, the GMC Terrain was originally expected to be refreshed for the 2021 model year, however, due to complications caused by the Coronavirus pandemic, the updates were pushed into the 2022 model year (see more 2022 GMC Terrain info). As such, 2021 GMC Terrain changes include the deletion of the turbocharged 2.0-liter LTG four-cylinder option, while the Terrain Denali trim level won’t be available for a while.
Disclaimers
- Must take delivery by November 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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