We expect new incentives to be released Thursday. If GM’s bankruptcy-level incentives follow Chrysler’s, we won’t see any major increases in the cash-back amounts offered on new models. In Chrysler’s case, many models’ cash-back offers were reduced once the manufacturer went under bankruptcy protection. However, that didn’t stop dealers slated to go out of business from adding their own discounts.
Chevy is offering 0% financing for 72 months on many models to qualified buyers. On the cash-back side, there’s $2,500 off the 2009 Chevy Malibu, Chevy Cobalt and Chevy HHR in most regions. If you’re a current GM owner, there are also loyalty offers of up to $1,000 on top of the standard cash-back deals in some regions.