Chevrolet has announced a new $3,000 discount for the current Camaro to anyone who owns a Ford Mustang, as per GM Authority.
Back in August, Chevrolet started offering a $2,500 discount for the Camaro to Ford Mustang owners. This promotion was then extended into September and now has been upped by an additional $500 for the month of October.
The terms and conditions stipulate that someone must have owned a Ford Mustang for at least 30 days prior to purchasing a new Camaro to be eligible for the incentive. If you don’t own a Mustang and are looking to buy a new Camaro, Chevrolet will give you a $1,000 cash allowance.
A $3,000 cash advantage like this is not to be sneezed at as it drops the starting price of a base Camaro from $25,995 to just $22,995. Similarly, it drops the price of a 1LT from $26,495 to $23,495, the 2LT falls from $28,495 to $25,495, the 3LT is now $28,995 rather than $31,995, the 1SS is available from $33,595, the 2SS from $39,995, and the 1SE (ZL1) falls from $62,995 to $59,995.
Those who want to take advantage of the deal must take delivery of a new Camaro by October 31st, 2019. Of course, there’s certainly a chance that Chevrolet will look to extend the incentive into November if it proves popular.
The introduction of this generous cash allowance comes shortly after Q3 Camaro sales this year dropped by 15 per cent over the same time period in 2018. Evidently, the car manufacturer is looking to bump up sales, particularly since it emerged earlier this month that the Challenger easily outsold the Camaro by almost 6,000 units – with 18,031 vehicles sold compared to the 12,275 Camaros sold by Chevrolet.