• If you currently own, previously owned or want to own an Avalanche, we welcome you to become a member today. Membership is FREE, register now!

Buying Incentives

D

DCRANER

SM 2003
Full Member
Joined
Jul 18, 2002
Messages
609
Location
ATLANTIC HIGHLANDS, N.J.
GM Inside News says Zero for 60 months is back.

Is this true, and does it cover everything, EXCEPT the AV ?

If it is true I will get myself a Christmas present.
 
I bought my AV (2002, Z-71) the day after Thanksgiving. At that time it was 0% for 60 months on 2002 AV's. They were doing 0% for 36 months on the 2003's. I was told at that time that the 0% was ending the following day (truthfull or not? who knows), but the economy hasn't gotten any better so I would actually be surprised if they were not doing it for 60, especially on 2002's. My expierence has been that dealers are less likely to "get off" the sticker price as much when it is 0%, but that was not true this time. If you can wait a couple of months (hard to do I know) I would expect the 0% for 60 to be offered on the 2003 as well.
Good Luck and happy hunting!! ;)
 
The wife has been saying that she is hearing advertisements for 0% for 60 on 03's in the Twin Cities area. I haven't been able to confirm this with a dealer yet.
 
Here's the Dec 5 release:

DETROIT - General Motors Corp. today announced its "Holiday Event" retail marketing program on select 2002 and 2003 model year vehicles. The program enhances GM's current Zero, Zero, Zero program by offering 0.0 percent financing for up to 60 months for qualified buyers on GM's industry leading sport utility vehicles and $1,000 Bonus cash on most other models.

"The "GM Holiday Event" offers consumers the best deals yet on a new General Motors product," said Bill Lovejoy, group vice president of GM North America Vehicle Sales, Service and Marketing. "It's GM's way of saying 'Thank You' for a terrific year. The program continues GM's strategy of simple and compelling marketing programs, and demonstrating leadership in the marketplace."

GM begins advertising of the modified programs nationally, December 6, 2002.

Here's the complete info:
GM Announces "Holiday Event" Enhancement
 
Looks like it is only on the suv's and not the AV. They do have additional $1000 bonus cash.

Following are terms for the modified '03 APR program (for qualified buyers)
(December 5, 2002 through January 2, 2003):

Chevy TrailBlazer 0.0/0.0/0.0%-36/48/60
TrailBlazer EXT 0.0/0.0/0.0%-36/48/60
GMC Envoy 0.0/0.0/0.0%-36/48/60
Envoy XL 0.0/0.0/0.0%-36/48/60
Chevrolet Tracker 0.0/0.0/0.0%-36/48/60
Chevrolet Blazer 0.0/0.0/0.0%-36/48/60
Chevrolet Tahoe 0.0/0.0/0.0%-36/48/60
Chevrolet Suburban 0.0/0.0/0.0%-36/48/60
GMC Yukon, Yukon XL 0.0/0.0/0.0%-36/48/60
Yukon Denali 0.0/0.0/0.0%-36/48/60
Yukon Denali XL 0.0/0.0/0.0%-36/48/60
Oldsmobile Bravada 0.0/0.0/0.0%-36/48/60

Following are terms for the modified '02 and '03 cash program
(December 5, 2002 through January 2, 2003):

Chevrolet Silverado Additional $1,000 Bonus Cash
Chevrolet Avalanche Additional $1,000 Bonus Cash
GMC Sierra Additional $1,000 Bonus Cash
Chevrolet Cavalier Additional $1,000 Bonus Cash
Pontiac Sunfire Additional $1,000 Bonus Cash
Chevrolet S-10 Additional $1,000 Bonus Cash
GMC Sonoma Additional $1,000 Bonus Cash
Pontiac Aztek Additional $1,000 Bonus Cash
Buick Rendezvous Additional $1,000 Bonus Cash
Buick LeSabre Additional $1,000 Bonus Cash
Pontiac Bonneville Additional $1,000 Bonus Cash

These bonus cash offers are in addition to attractive APR, Lease and customer cash programs previously announced on eligible models.

 
Just checked with my dealer, and he was surprised that the new 60 month deal is for everything except the AV and Silverado.

Well, I will wait and see what GM does right before January 3 rd.
 
DCRANER said:
Just checked with my dealer, and he was surprised that the new 60 month deal is for everything except the AV and Silverado.

Well, I will wait and see what GM does right before January 3 rd.
Click to expand...

Actually this bodes well for the Avalanche - means they are driving enough sales of the units that they don't have to eat margin to move 'em out. In other words Chevy is building them and they are coming to buy them.

Of course this isn't the best news for us. If I were giving someone financial advice if you can choke down the payments on 36 months GET the 0.0%. It's free money and you realize your equity faster, which is critical on an asset that has diminishing value from the word go. Rule of thumb, the average vehicle is worth 1/2 it's value at the four year mark. YIKES! :eek:
 
Hey Chief,

Good point regarding the recent rash of incentives on the SUV's but not the AV. You have to read b/w the lines. The AV is still considered a "highly desirable" vehicle--remember when the Miata and PT cruisers came out? Nobody was dealing.

But if the General decides to go with 0% for 60 mos on 2003 AVs soon, I will still be pissed. As much as I adore my 2002 Big Blue, there is one feature in the 2003 model I wish my AV had--power folding side mirrors. I am gettin tired of rolling down my window, reaching out to fold my mirror, and still crawl inside my very narrow garage door and just barely fit in. But the 60 mos free financing on that last blue AV on my dealer's lot was just too good to pass up.

If they decide to go 60 mos and 0% on AVs you know what this means? We will have more--waaay more new members signing up and chatting with us. The website will just exponentially grow!

Go Chevy!
 
Has anyone heard what next months buying incentives from GM are going to be on the Avalanche? ?Currently it is $3000 rebate and $1000 customer loyalty. ?I know the $1000 is going to dissappear at the end of the month. ?Anybody heard anything?

Topic heading modified by Skidd
 
bought my beast in febuary, they gave us 0% for 60 months so we didn't put anything down and walked out with a new baby and a small $630/mo. payment ;D
 
You must log in or register to reply here.
Back
Top