Shortly after it was revealed that Chevrolet dealerships across the United States had swelling inventories of new Corvettes, it’s been discovered that the car manufacturer is offering zero per cent financing on 2018 models.
A look at the Chevrolet website reveals that those looking to pick up a 2018 Corvette Stingray, Corvette Grand Sport, or Corvette Z06, have the option of a zero per cent financing offer for 72 months.
Of course, not all zero per cent financing offers are as good as they sometimes seem. Quite often, car manufacturers will provide such offers to get people into showrooms and actually bump up the starting prices of their vehicles to ensure that even with zero per cent financing, they make a handy profit. However, clicking through the Chevrolet website indicates that that isn’t the case as the starting price for the vehicles is no higher than it is when the sports cars are purchased outright.
Those looking to qualify for the zero per cent financing offer need to take delivery of their vehicles by the 1st of April 2019.
While Chevrolet is looking to off-load a surplus of 2018 Corvette models, it’s actually 2019 Corvette inventories which it needs to keep under control. Corvette Blogger notes that production of 2019 model year Corvettes started more than 13 months ago while the 2018 car was only built for a mere five months.
As Chevrolet gears up to launch the 2020 C8 Corvette later this year, it’s likely that a series of generous offers will be offered for 2019 C7 models. If you’re in the market for one, we suggest waiting a few months and picking up one at a generous discount.