Chevrolet Silverado Discount Offers $6,500 Rebate In January 2021
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To start off the new year, The Bow Tie brand is offering up to $6,500 off select 2020 Chevrolet Silverado models and $4,750 off select 2021 Silverado 1500 models. To clarify, the headlining offer includes a $1,000 bonus cash incentive for GM cardmembers. In addition, a combined offer with interest-free financing is also available for both 2020 and 2021 models, with a larger cashback rebate for older units.
Chevrolet is also offering low-interest lease rates for 2021 models, wherein the buyer benefits from a zero-dollar security deposit and payments of less than $230 a month on select models.
To clarify, most of the aforementioned offers appear to be available nationwide, though the lease offers do vary by market.
Chevrolet Silverado Incentives
Nationwide Chevrolet Silverado discount offers for the all-new 1500 pickup truck on the T1 platform during the month of January 2021 are as follows:
- Discount Offers:
- 2020: $5,500 cash allowance + $1,000 GM Card bonus = $6,500 total discount
- Available on select 2020 Silverado 1500 Crew Cab models
- Must be a GM Rewards Cardmember as of January 4th, 2021
- 2021: $4,750 customer cash
- Available on select 2021 Silverado 1500 Crew Cab models
- $1,500 customer cash available for 2021 Silverado 1500 Double models
- 2020: $5,500 cash allowance + $1,000 GM Card bonus = $6,500 total discount
- Finance Offers:
- 2020: 0 percent APR for up to 72 months + $3,250 cash
- Cash offer available when financing with GM
- Available on select 2020 Silverado 1500 Crew Cab models
- 2021: 0 percent APR for up to 72 months + $2,500 cash
- Cash offer available when financing with GM
- Available on select 2021 Silverado 1500 Crew Cab models
- 2020: 0 percent APR for up to 72 months + $3,250 cash
- Featured Lease Offer: $229 monthly for 36 months
- Offer observed in New York market for 2021 Silverado 1500 Custom Crew Cab 4WD with 2.7L Turbo engine
- Ultra low-mileage lease with 10,000 miles per year
- $2,829 due at signing for eligible current lessees (after all offers)
- $0 security deposit
Interested shoppers should note that all of the above offers will remain valid through February 1st, 2021.
Chevrolet Silverado Pricing
For reference, here are the applicable 2020 and 2021 Chevrolet Silverado 1500 trim levels and their corresponding starting MSRPs, $1,595 destination freight charge included:
2020 Silverado:
- Work Truck – $30,095
- Custom – $35,615
- LT – $38,795
- RST – $40,695
- Custom Trail Boss – $41,295
- LTZ – $44,895
- LT Trail Boss – $50,395
- High Country – $54,895
2021 Silverado:
- Work Truck – $30,595
- Custom – $36,220
- LT – $41,695
- Custom Trail Boss – $42,995
- RST – $45,295
- LTZ – $51,095
- LT Trail Boss – $52,795
- High Country – $55,495
The requirements for each of the Chevrolet Silverado discount offers on the 1500 pickup vary according to body style, trim, powertrain, and even packaging in some cases. As stated, the offers are set to expire at the beginning of February 2021, so buyers have some time to take advantage of these offers.
For reference, here’s a comprehensive list of all the Chevrolet offers for the T1 Silverado during the 2019 and 2020 calendar years:
- 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
Disclaimers
- Must take delivery by February 1st, 2021, 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.
- Offers 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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