When a truck manufacturer has tons of incentives available for new trucks, it could be a red flag that the truck isn’t selling well. After all, they want to get some trucks off the lots. But when the incentives are low, it usually means the opposite: The trucks sell so well that you don’t need to be incentivized to drive one of the top-rated trucks on the lot. That appears to be the case with the 2022 and 2023 GMC Sierra incentives.
What interest rate does GMC offer?
You can insert your complaint (or congratulations) to the Federal Reserve Bank here, which has raised its interest rates. That means most of us will pay a higher interest rate. But that doesn’t mean a new truck has to be expensive, and GMC is pushing hard trying to move its (often pricey) special editions. But of course, check out the GMC site for more information on these deals.
Case in point is the 2022 GMC Sierra 1500 AT4 and Denali Preferred Equipment groupsets. Those trucks can be financed for 72 months at 4.69% if you qualify. That means you can get one of GMC’s most capable off-road trucks, the AT4, or its luxury version for 4.69%. The AT4 includes special shocks and the V8 or diesel and starts at around $65,000. The Denali is also around $65,000.
For November 2022, GMC is also trying to get the word out about its new 2.7-liter turbocharged high-output four-cylinder engine in the big 1500. The new 2.7-liter may look small, but it packs a punch. With up to 310 horsepower and 430 pound-feet of torque, it outperforms the old V6 and even comes close to the power output of the 3.0-liter Duramax diesel engine. The 2023 GMC Sierra incentives for this trim include a 3.9% APR for 72 months, with a $2,000 bonus if you own a GMC or Buick.
How about leasing a 2023 GMC Sierra?
For November, GMC is offering an “ultra-low mileage lease” on the very specific 2022 GMC Sierra 1500 Short Crew 4WD Elevation Preferred with the high-output version of the 2.7-liter turbo. However, the lease is for 30,000 miles over 36 months. So if you like to take a lot of road trips, this lease may not be for you. For the rest of us, though, in 2025 we can find some great deals on low-mileage, off-lease Sierras at our local GMC dealer.
What about Sierra Heavy Duty incentives?
The only GMC Sierra incentives available for November 2022 include low-interest financing for up to 72 months on the 2022 Sierra HD and 2023 Sierra HD. Both models are 2500HD and 3500HD heavy-duty trucks, which hold their value well.
However, when GMC says “low interest,” don’t expect the low 1.9% rates we were able to get in 2020. The Federal Reserve has raised rates, which means the new lowest rate will be around 4, 69%.
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