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.
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.
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.
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.
🗓 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.
$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.
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.
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.