Dealer said he messed up on my deal. He gave me $7700 in rebates AND $1700 lease cash on accident. Said he’d still honor the deal even though it’s $1000 loser for them.
Why was yours so good normally but mine was only good bc he accidentally gave me an extra $1700???
I’m happy…just confused is all
I think yours IS better than mine by around $800.
Of course dealer is not losing money for sure but yes he may be making less money on your deal.
Either ways you should take it.
Plug in your numbers in the calculator to see if his claims are true.
I will share a detailed write up
I would owe $610 due at signing plus the 1st payment. (Didn’t realize I’d pay that in taxes on the rebates)
I’ll plug em in and see what it says
This is what I got in the calculator - that would be a hell of a deal.
Any way to lower the MF for chevy?
One pay lease lowers it a bunch but I’ve heard horror stories of doing that & totaling the car to not get any money back…thoughts on that??
Since the one pay amount is so low, it is not a big risk.
I have heard conflicting reports of a single pay lease being pro-rated for whatever you did not use, so there may be that silver lining anyway.
Do you think since my payment is higher than the calculator shows that a one pay lease would be even more lucrative of an option?? I can’t believe it saves $1000 over 24 months for One Pay!?!?!?
That’s amazing if it’s correct…
That’s exactly how Mercedes (MBFS) does it. I’d be surprised if other captive leaseCo’s didn’t.
I called GM Financial and attempted to ask this question. Of course, the person may not have asked their supervisor correctly, but they told me the unused portion of the single lease would be forfeited if the vehicle was totaled. I would think there would be a section of the lease agreement that addresses this issue, but I have not done one before.
Given the low costs of these leases and unlikely scenario of totaling the car, I think it is well worth the gamble to do one-pay. The return more than justifies the risk.
I would also think that you could adjust the insurance payout to include the unused portion of the lease, possibly, since GAP insurance is included?
Any suggestions ? Help appreiciated. Do the numbers look right??
Thanks