General Motors announced on Friday that they will stop production of the Chevrolet Avalanche because of decline in sales. They stated 2013 model year for the Avalanche will be the last of it’s kind.
Sales of 93,482 peaked in 2003 but last year there were only about 20,000 Chevy Avalanches sold.
Jessica Caldwell, an analyst from Edmunds.com said, “Avalanche sales volumes plummeted during the 2008 recession and never recovered despite high levels of incentives on its hood.” She added, “The average Chevy Avalanche currently sells for $45,198, which is remarkably — and perhaps off-puttingly — high for a pick-up truck.”
If you think you might be able to get the Chevy Avalanche on sale since this is their last year in production, think again. “Some people might see the discontinuation of the model as an opportunity to get a great deal. In this case, though, bargain-hunters interested in pickup trucks may instead want to consider a lightly used model, as this segment is one of the few in which used vehicle prices have been falling recently,” said Jessica Caldwell.
GM said it will offer a 2013 Black Diamond model in the Avalanche’s final year of production. Black Diamond Avalanches will include a unique “badge” and more features on the LS and LT models and lower pricing such as, a rear camera, rear park assist, power adjustable pedals, fog lamps and remote start will be added as standard equipment on LS models. The LT models will have an added standard rear camera. It will also be available in an LTZ trim.
The two-wheel-drive version of the Chevy Avalanche LS will start at $35,980, plus $995 dealer freight charge. The 2013 Black Diamond Avalanche, with a 5.3-liter V-8 engine and rear wheel drive, will start at $36,975.
Mark Clawson, Avalanche marketing manager said, “More than 580,000 Avalanches have been sold since its introduction in 2001, and Avalanche has won major awards and recognitions throughout its run.”