2017 equinox LT ""-694.5 leasehackr score?"" $990.50 one pay lease

When I signed my lease, the paperwork wouldn’t go through the bank because the adjusted cap cost was lower than the residual. They even had to call back people to redo their paperwork that had done the same deal earlier in the day.

I doubt this deal would go through, but its moot since the original poster walked on the deal.

What did they end up doing with the numbers to make it work?

1 Like

They raised the sales price to get the adjusted cap cost above the residual (by exactly 70 cents) and covered the difference by giving me what was essentially a $103 gift card to the parts and service department.

They offered to also drop one of the rebates, then apply it retroactively once the paperwork went through and to write me a check for the difference but said this would take longer to process so I just went with the first option.

That’s all dealership works not customer related. Only wait check from dealer later??
Anyway price stattled no matter what total ur money out of pocket is same, right??

We just need to get best deal then let the dealer deal with bank :slight_smile:

what mileage is allowed?

24/12k
Original deal.

Always they have something on hand.

If not, they can’t advertise or make this rebate.

Dealership anyway get money from manufacturing company through rebate??

My best guess

Just to update everyone,
I called up the dealer and the same salesperson (Monica) who has helped @Zola
It seemed like they are honoring the $990 price as long as the vehicle is tagged and has same MSRP.
They said no to shipping out the car though.

So anyone who can walk into the dealership should score it, and they have many cars with eligible MSRPs.
(not sure which how many are tagged - GM website should tell you that)






I really want to see someone from Hackr community to get this car at $990.

Yeh that looks awesome. People go get it.

I see 5-6 equinoxs have this price.

Anyone can go grap it would be wonderful deal.

The worksheet shows 66% residual, should be 10k miles, not 12k. Correct?

Now I feel like a sucker for getting an LS for $1700 :frowning:

You don’t need to feel that way.
Think about guys who got Chevy cars in February 2017. Or someone who signed a deal on 28 Feb :cry:

1 Like

I got deal 24/12k

Let me double check on my quote.

Ok I double checked my email.

I state clearly 24/12k to Monica who is internet sale specialist. :slight_smile:

I thought 65% rv FWD from other post but never confirmed from dealer.

And also worksheet mf(APR) is high than other post. Someone said 0.00092
Apply one pay + waive acq fee should be 0.00074(1.77%APR)

But on worksheet says 4.2% APR(0.00175)

My conclusion ?? Just tell them 24/12
$990.50 due at signing one pay.

Done and done :slight_smile:

No. I saw other post and tried to get better that’s what happen to me. Just met right person right time or someone massed up number so cheap. And so many thing can change price such as rebate tax doc fee title discount mf rv etc etc. vary by different location I guess.

It’s hard to get OP’s deal in the Bay Area, but it’s pretty low already compare to other month, so be happy!

1 Like

Any deal where the final payment is below the amount of taxes and fees seems to be suspect. In this example, as many have noted, the adjusted cap cost is less than the residual - GM Financial is therefore agreeing to ‘sell’ the vehicle to someone now for a lower price than the proscribed value in 2 years. Doesn’t pass a logic test.

I understand how this happens due to incentive stacking, and have done a similar transaction where the depreciation amount was only $115. But, in this example, GM Financial or the dealership are contributing to the actual cost of the lease - meaning they are paying the lessee (a portion) to lease the vehicle.

I wonder if there can be future pullback from GM Financial once someone figures this out? Or, is the value of getting the vehicles off lots worth the net negative?

1 Like

Since you did not go through with the deal, we will never know the answer of whether the dealer will send check and price stated no matter what. From my understanding, if Bank does not approve loan, they will ask you to return car to dealer and/or redo/re-sign the papers

Then what about. Advertise letter from dealership says I’m pre qualified for $5000-35000 Of course my credit score 800
It’s all non related. no matter what bank says no means no deal??

If bank says no and dealership wants car back resign paper. Can I cancel lease contract??

Ikr it’s really hard to cancel paper sign contract unless pay penalties.

I’m pretty new and current Prius was my first. This is question.

Vhooloo you are the one of them I’m lie lol

I worked away dealership I don’t really hurry due to my lease end 2018 Jan. Why would I pay trade in negative. So I said no.

Please dont just accuse, judge people even You couldn’t understand or couldn’t calculate right or wrong.

I know there things you and we all can’t explain.