Best Chevy Deals & Must-Know Advice: July 2021

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Senior Pricing Analyst

As CarsDirect’s resident pricing analyst, Alex offers must-know analysis of pricing & incentives to those looking to buy or lease a car. His consumer-oriented coverage of the latest trends and breaking news has been featured in publications such as Car and Driver, Motor Trend, Automobile Magazine and Autoblog.

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, Senior Pricing Analyst - July 6, 2021

Chevy's best deals in July offer 0% APR for 72 months and $0-down Sign & Drive leases on select models. Expect to see the best deals on the Trax, Trailblazer, Equinox, and Blazer. In the case of the Blazer, we consider the brand's $325/month featured incentive on the V6 model to be one of the best leases on an SUV.

Last month's Costco deal offers up to $3,000 in additional savings on vehicles like the 2021 Bolt EV. In places like San Francisco, you can now lease one for as little as $166/month when making use of every available discount. Rebates are down this month amid an inventory shortage, especially when it comes to trucks.

Offers have been extended through August 2, 2021 but can vary by region. Examples listed here are for California.

Best Chevy Lease Deals, Financing Incentives & Lease Deals

Model Best Chevy Lease Deal Best Chevy Financing Deal Best Chevy Rebate
Chevrolet Trax
Chevy Trax
Lease from $189/month (Current GM/Non-GM Lessees) 0% APR For 72 Months Up to $1,500
Chevrolet Equinox
Chevy Equinox
Lease from $240/month (Current GM/Non-GM Lessees) 0% APR For 72 Months
Up to $2,500
Chevrolet Bolt EV
Lease from $166/month (2021 Bolt EV, San Francisco, GM/Non-GM Lessees) 0% APR For 72 Months (2021 Bolt EV) Up to $13,000 (2021 Bolt EV)
Chevrolet Blazer
Lease from $325/month (GM/Non-GM Lessees) 0% APR for 72 Months Up to $2,500
Chevrolet Silverado 1500
Chevrolet Corvette
Lease from $279/month (GM/Non-GM Lessees) Contact a dealer for finance offers
Up to $2,000

Explore the full Chevy lineup »

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Must-Know Advice For Chevy Buyers

Limited inventory. Production stoppages due to COVID-19 have affected vehicle availability across much of the country. Full-size trucks are particularly difficult to find, especially when it comes to the popular Chevy Colorado. As a result, you may need to do some searching to find a particular configuration.

Big changes in incentives. Chevy discounts can vary greatly from one month to the next, ranging from rebates & 0% financing to big "percentage off MSRP" deals and promotions featuring GM Supplier Pricing or Employee Pricing. Because of this, the timing of your purchase could make a big difference in how much you save.

We find that it's not uncommon for Chevy to advertise discounts worth over $5,000 off models like the Malibu and Equinox. However, if a discount is based on a sale involving 20% off MSRP, the amount you save will vary based on configuration. In many cases, you may find that the discount is based on the most expensive version of a vehicle with options you may not want.

A major catch with base models. Shoppers should know that many of Chevy's base models are excluded from incentives. The Colorado 2SA, Malibu L, Equinox L, and Blazer L all boast low prices but are actually excluded from special offers for buying & leasing.

As a result, consumers may actually find them more expensive than pricier styles. Compare your options carefully because you may find that a nicer vehicle can get you access to better discounts or financing rates as low as 0% APR for up to 72 months.

Unusually cheap leases. Low-priced leases on Chevy trucks and SUVs aren't uncommon, especially around major holidays. However, be on the lookout for incentives you may not be eligible for. For example, we've seen many cases in which Chevy lease offers include a bonus worth as much as $1,500 for those currently leasing a competitor or another Chevy. If you don't qualify, you may end up having to pay a higher price.

Fewer passenger cars. Chevy is continuing to scale back its sedan lineup. First, the Cruze and Volt were discontinued. Then, we lost the Impala and even the affordable Sonic is on the chopping block. Shoppers may also be surprised to learn that Chevy doesn't offer a single hybrid model.

Hybrid car shoppers may want to consider another brand like Toyota or Ford due to an increasing lack of choices. In contrast, SUV shoppers will find a greater range of vehicles to choose from, including the new TrailBlazer with a base price under $20,000.

High Corvette prices. A range of production issues has made the C8 Corvette hard to find. In addition, dealer markups have kept prices at or above MSRP. Convertibles have been particularly hard to find. The car continues to have a starting price of around $60k but our analysis finds that base models are rare.

Savings for grads. If you're a recent graduate, don't forget to ask about the GM College Discount. If you qualify, you'll get access to GM Supplier Pricing that can be combined with most advertised incentives for buying or leasing. It's a nice way to get hassle-free pricing if you're interested in avoiding having to haggle on price.

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, Senior Pricing Analyst

As CarsDirect’s resident pricing analyst, Alex offers must-know analysis of pricing & incentives to those looking to buy or lease a car. His consumer-oriented coverage of the latest trends and breaking news has been featured in publications such as Car and Driver, Motor Trend, Automobile Magazine and Autoblog.

Follow On: Twitter

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