Chevy Lease Deals, Financing Incentives & Rebates: April 2022

By

Automotive Content Editor

Meghan Carbary has been writing professionally for nearly 20 years. A published journalist in three states, Meghan honed her skills as a feature writer and sports editor. She has now expanded her skill-set into the automotive industry as a content writer for Auto Credit Express, where she contributes to several automotive and auto finance blogs.


, Automotive Content Editor - April 7, 2022

This month, deals for Chevrolet are staying strong, offering 0% APR for 48 months across much of the lineup. Zero percent APR for the 2022 Chevy Tahoe and Suburban are gone, and this month their special APR is even higher than March's 2.99%. You're now looking at 3.19% financing for 72 months on these vehicles, as well as the Silverado 1500. The only model without a special APR rate is the Corvette.

These offers aren't as good as the 0% for 72 months we've seen from Chevrolet in the past, but we're glad to see the 0% deals stick around. Need longer to pay? Chevy is offering 1.1% APR financing for 60 months and 2.1% for 72 months across much of the lineup as well.

Customer cash rebates are available on a number of models, with the best rebate of $1,000 coming from the 2022 Chevy Blazer and 2022 Chevrolet Silverado 1500 Limited. The $500 Truck Month Bonus has joined the advertised deals, and some models have the potential for conquest cash bonuses of up to $750 in select markets. The leasing prices have mostly remained flat from last month.

Chevy deals tend to vary throughout the year. Offers listed here are scheduled to end on May 2, 2022, and can vary by region, though most of the examples are available nationally. We update this page on a monthly basis, so be sure to check back for potential changes.

Model Best Chevy Lease Deal Best Chevy Financing Deal Best Chevy Rebate Deal
Chevrolet Trax
Chevy Trax
Lease from $159/month 0% APR for 48 Months Up to $500
Chevrolet Equinox
Chevy Equinox
Lease from $209/month 0% APR for 48 Months
Up to $1,250
Chevrolet Blazer
Lease from $229/month 0% APR for 48 Months Up to $1,750
Chevrolet Silverado 1500 Limited
Chevrolet Corvette
Lease from $259/month 0% APR for 48 Months
Up to $1,000
Chevrolet Traverse
Lease from $319/month 0% APR for 48 Months Up to $750

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 and 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 some models like the 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, 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.

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 the Sonic. Now, the Spark, one of America's cheapest vehicles to buy, is on the chopping block.

Hybrid car shoppers may want to consider another brand like Toyota or Ford due to Chevy's lack of ample choices. In contrast, SUV shoppers will find a greater range of vehicles to choose from.

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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, Automotive Content Editor

Meghan Carbary has been writing professionally for nearly 20 years. A published journalist in three states, Meghan honed her skills as a feature writer and sports editor. She has now expanded her skill-set into the automotive industry as a content writer for Auto Credit Express, where she contributes to several automotive and auto finance blogs.


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