Chevy Offering Employee Pricing On 10 Models

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Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

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, Senior Pricing Analyst - November 7, 2017

Although it's common to see a slew of sales gimmicks leading up to Black Friday, Chevy has a deal that may be worth considering. Through November, 10 models are now eligible for GM Employee Pricing.

What's unusual is that the promotion includes hot sellers like the Corvette that normally aren't eligible for rebates. Even better, unlike past offers, the deal can be combined with other discounts.

So which models are eligible? How good is the discount? Is now a good time to buy? And what else should you be aware of? Here's what you need to know.

Offer Details

The offer, aptly called Employee Discount For Everyone, focuses on the following 2017 vehicles: Camaro, Corvette, Traverse, Suburban, Tahoe, Colorado, Silverado 1500, Silverado 2500HD, Silverado 3500HD and Express.

In the case of a well-equipped Corvette Z06 with an MSRP of $86,700, Chevy says you can save as much as $9,107. The popular Silverado 1500 All Star Edition is being advertised with $8,005 total savings.

Here are some more examples before factoring in rebates:

Vehicle MSRP Employee Price Discount
Suburban Premier $76,265 $68,943 $7,322
Tahoe Premier $74,155 $67,022 $7,133
Traverse Premier $47,735 $43,706 $4,029
Camaro 2SS $47,480 $43,816 $3,664
Colorado Z71 $38,225 $35,093 $3,132

Source: Chevrolet

Is The Deal Any Good?

Some of these models feature practically zero other discounts.

Most versions of the Colorado aren't eligible for regular discounts except for $1,250 off the Z71 Midnight Edition. Tahoes feature zero rebates, making $7,133 in potential savings quite attractive.

Unlike past "standalone offers", the deal can be combined with other types of discounts.

If you live in an area like California, Chicago or Texas, you can get a $1,000 bonus off any Camaro. Ford Mustang owners are eligible for a $2,000 conquest offer for $6,664 in combined savings in the case of the Camaro 2SS.

Things Worth Being Aware Of

Not Supplier Pricing - Employee Pricing is not to be confused with Supplier Pricing, which isn't as attractive. A well-equipped Traverse LT with an MSRP of $40,450 has an Employee Price of $37,036, almost $2,200 below the factory invoice. On the other hand, the Supplier Price is $38,534, nearly $1,500 higher than the Employee Price.

Not Advertised As You Might Think - Oddly enough, Chevy isn't calling the deal Employee Pricing. We suspect this is likely to avoid confusion since the automaker is simultaneously offering 20% Off MSRP on models like the Cruze and Impala based in part on Supplier Pricing.

Big Numbers For Loaded Models - Chevy's examples assume top-tier trims with optional equipment that isn't always disclosed. If you opt for a more entry-level style, your savings could be less. The amount on a Camaro LT with no options is $1,800, much lower than the $3,664 on the advertised 2SS.

Worth Buying?

Past deals involving Bonus Tags had the unfortunate downside of only being available on a small percentage of inventory. As a result, we consider this a great deal worth jumping on while you can.

The selection of remaining 2017 vehicles should still be very good in most cases. However, our analysis shows that the 2017 Colorado and Traverse could be harder to find than others.

Explore Chevy Models »

, Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

Follow On: Google+ | Website