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Truck Owners: Your Pickup Could Be Worth $2,500 More Right Now

If you own a pickup truck, now is the perfect time to upgrade. For a limited time, GM Canada is offering a $2,500 Truck Trade-In Bonus when you trade in or terminate the lease on an eligible pickup and purchase or lease a new Silverado or Sierra. Tom Smith Chevrolet is here to help you take advantage of extra cash!

This exclusive manufacturer incentive is available January 9 to February 2, 2026, and it applies after tax, making it one of the most valuable truck upgrade offers of the year.


What Is the GM Canada Truck Trade-In Bonus?

The Truck Trade-In Bonus is a $2,500 manufacturer-to-consumer incentive from GM Canada. If you trade in (or end the lease on) a 2015 model year or newer pickup truck with a cargo bed, GM will apply $2,500 toward the purchase or lease of an eligible new or demonstrator Silverado or Sierra.

Best of all, the trade-in truck can be any brand—not just GM.


Do I Qualify?

You may qualify for the $2,500 bonus if:

  • You own or lease a 2015 or newer pickup truck with a cargo bed

  • The truck is registered in your name in Canada

  • You’ve had the truck registered for at least 60 consecutive days

  • You trade it in or terminate the lease at the time of purchase

  • The truck can be any brand

  • You are not required to scrap the vehicle

  • You do not have to be the original owner or lessee

Only one trade-in bonus per vehicle delivery is permitted.


Which New Trucks Are Eligible?

The $2,500 bonus can be applied toward the purchase or lease of:

  • 2025 Silverado or Sierra LD (Regular Cab or Double Cab)

  • 2026 Silverado or Sierra LD (Crew Cab only)

The vehicle must be new or a demonstrator and delivered during the program period.


Important Dates to Know

🗓 Offer Valid: January 9 – February 2, 2026
🚗 Delivery Required: Within the same date range
📦 Inventory Only: Factory orders are not eligible

Because this offer is not incentive-protected, waiting could mean missing out if the program ends.


Why This Offer Is a Big Deal

  • $2,500 applied after tax, not before

  • Works with any 2015+ pickup, any brand

  • Encourages upgrading to the latest Silverado or Sierra models

  • Limited-time opportunity during peak truck demand

For many truck owners, this bonus can significantly reduce monthly payments or the total purchase price.


Thinking About Trading In?

If you currently drive a pickup truck, now is the time to see what it’s worth. Between your trade-in value and the $2,500 GM Canada Truck Trade-In Bonus, upgrading to a new Silverado or Sierra may be more affordable than you think.

📞 Contact us today (705) 526-0193 to confirm eligibility, explore available inventory, and lock in this limited-time offer before February 2, 2026.


Disclaimer

Offer available on approved credit. Eligible 2015 model year or newer pickup trade-in required. Bonus applied after tax. Inventory only. Factory orders excluded. Program subject to change or termination without notice. See dealer for full details.