Chevrolet Tahoe Gets Price Markdowns for 2021

Written by

CarParts.com Research Team

Automotive and Tech Writers

Updated on April 14th, 2021

Reading Time: 2 minutes

The 2021 Chevrolet Tahoe is set to go on sale later this year, with reports claiming it is likely arriving in the summer or early fall.

Apparently, before the new edition of the Tahoe makes its entrance, Chevrolet is trying to clear dealerships of the 2020 model by offering discounts to bargain shoppers. Dealerships are said to be offering $3,000 cash allowance plus $1,000 bonus earnings for the model. However, there are conditions.

For starters, interested buyers must be a GM Card member as of February 1, 2020. The bonus earnings are expiring on February 3, so customers are required to take delivery by then. The offer also does not exclude the Tahoe from GM’s employee discount offer.

Chevrolet has not released the official pricing details for the 2021 Tahoe, but it is likely not going to be that much different from the current prices.

The 2020 Chevrolet Tahoe 1LS, for example, retails for $50,295, inclusive of the $1,295 destination fee. When the discounts are applied, the final price comes down to $46,295. The same is true with the mid-range 1LT, which starts at $55,095, and the top-of-the-line Premier at $63,995.

Chevrolet has not released the official pricing details for the 2021 Tahoe, but it is likely not going to be that much different from the current prices.

The $4,000 discount, however, is not as amazing as the brand’s previous price slashes. Just last October, Chevrolet offered discounts as high as $9,276 to the 2019 Tahoe. It’s uncertain if the company will apply the same discounts in October this year, but that largely depends on the sales turnout of the current Tahoe.

Discounted or not, the 2020 Tahoe still proves to be a fully capable SUV with its standard V8 engine and a body-on-frame chassis.

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