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GMC Financing Deals

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GMC financing at a glance

Best for: Those who want to buy or lease an GMC

lenderAPRLoan termsCTA
Starting APR
0.00% APR and up
Loan Terms
Up to 72 months
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As the wholly-owned subsidiary of General Motors, GM Financial provides financing for all GM vehicles (Chevrolet, Buick, GMC and Cadillac). GM Financial services are offered through GM’s authorized resellers and GM dealerships.

GM Financial offers many low- or 0.00% APR financing and special lease deals on specific models of new or used vehicles, as well as discounts for special groups such as military and first responders.

How GM Financial works

GM Financial, formerly AmeriCredit, was founded in 1992 in Fort Worth, Texas. General Motors Company acquired AmeriCredit in 2010 and renamed it General Motors Financial Company, Inc. (GM Financial). GM Financial is a wholly-owned subsidiary of General Motors with operations in North America, South America and Asia. It offers GMC financing and lease programs to customers through relationships with auto dealers.

You can apply with GM Financial online before you go to a dealership so you know exactly what you qualify for, or you can apply with GM Financial at the dealership. GM Financial offers 0.00% APR loans for 72 months on many new models. For example, well-qualified buyers may choose the 2021 Chevrolet Spark loan offer at 0% APR for 72 months, which is available at dealerships and expires Aug. 31, 2021.

How GMC leasing works

When you lease a car, you don’t actually own the vehicle — instead, you make monthly lease payments for the length of the lease agreement. Lease agreements typically run two to four years, so it may not feel much different than making payments on the same car. However, when you make lease payments, you don’t build equity in a vehicle. If you modify the car, have excess wear and use or put excess mileage on a leased car, you may have to pay more.

On the other hand, because car leases are generally shorter term than purchase loans, you can update your ride more often and stay up to date with current technology, styling and performance. A leased car is also usually under warranty.

GMC lease deals can help you get a good vehicle for the money. Take the 2021 Chevrolet Trax AWD LT Ultra Low-Mileage Lease for qualified lessees, for example. New lessees pay $1,000 at signing and a $0 security deposit (tax, title, license and dealer fees are extra). Eligible current lessees pay $0 down, $0 security deposit and $0 first month payment. There is a mileage charge of $0.25 per mile over 32,500 miles at participating dealers, and this offer expires Aug. 31, 2021.

GMC special deals

General Motors offers special deals to groups of people they wish to honor, customers with special mobility needs and employees of GM, GM suppliers and GM dealerships. Most discounts are ongoing and applied to select vehicle models.

You don’t need to finance your vehicle through GM Financing to receive one of these special deals:

  • GM Military discount: Worth a $500 cash allowance on select Chevrolet, Buick and GMC vehicles or $1,000 cash allowance on the purchase of select Cadillac vehicles, the GM military discount is stackable with most current vehicle offers.
  • GM First Responder discount: Eligible firefighters, police, EMT or paramedics, 911 dispatchers and health care professionals can take advantage of a $500 cash allowance on the purchase of select Chevrolet, Buick and GMC vehicles, or a $1,000 cash allowance on select Cadillac vehicles, in addition to most other current offers (offer ends Jan. 3, 2022 for health care workers).
  • GM Family First discount and consumer purchase cash: Eligible GM employees and family can take advantage of a special employee discount price on the purchase or lease of select models, plus consumer purchase cash at participating dealers. Discounts and consumer purchase cash amounts vary by model.
  • Supplier discount: If you’re an hourly or salaried employee with a company that qualifies as a GM supplier, you may also find special employee discount pricing on the purchase or lease of select models, plus consumer purchase cash at participating dealers.
  • Dealership Employee discount: If you’re an employee of a qualifying dealership, you may receive a discount price on the purchase or lease of select models at participating dealers.
  • GM Mobility Reimbursement program: If you purchase or lease an eligible 2019 to 2021 vehicle and purchase eligible adaptive equipment, you can receive up to $1,000 in reimbursement (up to $1,200 with a Chevy Express or GMC Savana).

Loan deals from GM Financial

In addition to any special deals on purchasing a vehicle, you can find current offers on loans from GM Financial. For example, check out these deals:

  • 2021 GMC Terrain 2WD SLT. GM Finance frequently offers 0% financing on new models, though you’ll need a high credit score for a zero interest loan. You can search online for this offer in your area.
  • 2021 Chevrolet Traverse, excludes L. GM Financing also offers 0% APR for 72 months to well-qualified buyers. This deal expires Aug. 31, 2021.
  • 2021 Buick Encore, excludes 1SV. Take up to 72 months to pay off a Buick Encore with 0% APR, with a deal that expires Aug. 31, 2021, and get a $500 cash allowance.
  • 2021 Cadillac CT5. Well-qualified buyers can pay 1.9% APR on a 72-month loan, plus receive a $500 purchase allowance. This offer expires Aug. 31, 2021.

GM Financial notes that it looks beyond your credit score to make a decision on your loan, though its website also suggests a general preference by lenders for those with at least a prime credit score (above 680). When applying, you’ll need to provide general information like your name, address, date of birth and Social Security number, as well as information about your housing and income, and any documents that serve as proof of this. You can apply for a loan from GM Financial online or at the dealership.

Pros and cons of GM Financial

You have many options for financing or leasing your next vehicle. The best deal for you depends on your situation and your personal financial goals. Using GM Financial to acquire your next vehicle may have the following pros and cons:

Pros Cons
Easy to apply online or at dealership Maximum term length of 72 months
Special offers for military, first responders and employees Prime credit score is generally preferred

Alternatives to GM Financial

The only way to ensure you get the best terms of financing possible on your car loan is to shop around. It’s best to get prequalified for an auto loan before you shop for a car. That way, you can concentrate on finding the best car and getting a good deal on the purchase price when you visit the dealership.

Compare these example loans from GM Financial, LightStream and Capital One on a 2021 Chevrolet Blazer (excludes L) for well-qualified buyers.

Lender GM Financial Capital One LightStream
Starting APR 0.00% 5.49% 5.99% (with AutoPay)
Terms (months) 72 months 72 months 84 months
Cash discount None* $2,500* $2,500*
Expires Aug. 31, 2021 n/a n/a

*By paying cash or using financing other than GM Financial, you may qualify for a cash discount.

Capital One and LightStream both allow you to prequalify for a loan before you look for a car. You’ll know exactly how much loan you qualify for and what your payments would be before you start talking to the car dealer.

Capital One

Capital One lets you prequalify for a loan and search for the car you want on their site. After prequalifying, you can contact the dealer through the website, test-drive your car and complete your financing at the dealer.


LightStream makes car loans for between $5,000 and $100,000. They promise low rates and a streamlined application process. You may even get funds deposited in your account the same day you apply, so you can negotiate your best price at the dealer as a cash buyer. (Payment example: Monthly payments for a $10,000 loan at 3.99% APR with a term of 3 years would result in 36 monthly payments of $295.20.)


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