Incentivized Spending: GM Offers Incentives on 638-HP Chevrolet Corvette ZR1

General Motors introduced the hot Chevrolet Corvette ZR1 for the 2009 model year, and the coupe flew off dealer lots in billowing clouds of tire smoke -- and sometimes hazy dealership "market adjustments" of over $50,000. The market for the incredible ZR1 has since cooled off, prompting GM to offer incentives on the car for the first time.

The incentives currently offered on the Corvette ZR1 include both the 2009 and 2010 model years. GM is enticing buyers to the 2010 ZR1 with $3000 cash back or 0 percent financing for 60 months. Opting for the financing deal will keep monthly ZR1 payments under $2000 (figure a fully loaded model with no deposit), which is still more than many people pay on a mortgage. Opting for the cash back, current Toyota owners can take advantage of $1000 Toyota Conquest cash, making the six-figure pricetag somewhat more palatable.

Incentives on the 2009 Corvette ZR1s are even more enticing. GM is throwing $5000 cash back on the hood and offering zero percent financing for 72 months, bringing the monthly payment on a 2009 model to less than $1700 on a fully loaded model with no deposit. Once again, the cash back can be combined with Toyota Conquest cash for qualified buyers.

If you want the 2009 model year offer, though, you'd better leave your computer now. With only 11 left in dealer stock nationwide, we imagine they'll be gone fast.

Source: Chevrolet

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