General Motors is offering incentives for the 2009 and 2010 models of the Chevrolet Corvette ZR1. This is the first time that the carmaker offers incentives on this model.
When the coupe first arrived at dealerships, consumers were snatching them up very quickly and dealers sometimes made "market adjustments" that could add even more than $50,000 to the original price.
But since then, sales for the ZR1 have dipped, causing GM to try to entice consumers once again. Buyers to the 2010 ZR1 will receive a $3000 cash back or 0% financing for 60 months.
Entering a financing deal will mean that monthly payments are kept under $2000 (which is still more than many people pay on a mortgage). If the cash back is chosen, current Toyota owners will receive $1000 as Toyota Conquest cash.
The incentives on the 2009 Corvette ZR1s are even more tempting. GM is offering a $5000 cash back as well as zero percent financing for 72 months.
This brings the monthly payment on a 2009 model to less than $1700 on a fully loaded model with no deposit. But with only 11 remaining units for the 2009 model year, the offer is bound to run out very quickly.