DETROIT -- Sticker prices of the redesigned 2007 Chevrolet Avalanche SUV will be about $2,300 less than comparable outgoing models, Chevrolet said.
The move continues General Motors' strategy of setting sticker prices on new vehicles that are closer to the expected transaction price. GM is betting that the new pricing scheme will let it cut how much it spends on incentives.
The 2007 Avalanche LS with two-wheel drive will have a base price of $32,490, including shipping. That is $2,295 less than the comparable 2006 model.
The four-wheel-drive version of the new Avalanche LS will have a sticker price of $35,490. That also is $2,295 less than the comparable 2006 model.
Chevrolet made similar price cuts for redesigned versions of the Tahoe and Suburban SUVs.
Through the first three months of this year, Avalanche sales dropped 45.8 percent to 8,128 units, compared with the same period last year.
The 2007 Avalanche, which is due this summer, rides on GM's new full-sized truck platform, known as GMT900.
You may e-mail Kathilee Grace at [email protected]
