2018 GMC Terrain SLT AWD
**MSRP: $**41,645
**Selling Price: $**39,627
****Monthly Payment: $481.00
**Down Payment: $**2000
MSD:
**Incentives:**3800.00
**Months:**39
**Annual Mileage:**12,000
Sales tax 2577.06
FEES 842.00
How screwed am I getting? I am in CT. Thanks!!
Im still learning as a newb but I would think the following:
It doesnt meet the 1% rule
No Money Down is the only way to go, cause if something happens you lost that money
The selling price should be around -10% if possible. Check other resources for current selling prices
No MF or RV noted so use the calculator to try and determine how bad it is.
Besides that I am sure others will have much insightful things to say
-g-
SLTs have a better residual and rate than a Denali. I am getting supplier rate … which the salesman says is the best I will do. I mentioned 10% off the MSRP. As you can see that selling price is not. The guy told me rebates only half factor into the sale price of a lease. So confusing to me!
Don’t do it big dog, grab an sle and order yourself some leather covers save yourself 300 a month, people were gettin these in the 100s. Hopefully you didn’t already do it, or I’m sorry
I like the features of the SLT driver alert … sunroof etc and the 2.0 engine … much much better than the 1.5. I am not getting anywhere near 10% off the MSPR with the supplier price. Is that a basic rule of thumb, 10%? Then factor rebates etc?
You’re paying over 500 a month for a car that retails under 40k. I am not trying to be mean, but that deal is absolutely terrible. You could drive much nicer cars for for less.
It isn’t hard to do better than supplier pricing, so TBH your sales price is awful. Incentives suck this month so good leases aren’t easy. You could get an Acura RDX for way less than that quote
You can get a 2019 Infiniti QX50 for that payment (or probably even less).
Considering you can probably get an X3 for that much you’re getting screwed a lot.
That selling price is waaaaay too high. I looked at getting one of these with a similar MSRP back when it would’ve been about $250 and even that seemed a bit high.
Do GM dealers actually do deals like this? Like is anyone actually dumb enough to think getting this car for even a discounted $450/mo with nothing down is a good deal when you can get a fully loaded Forester without reliability concerns for over $100 less? Shit a really nice 4runner isn’t even that much.
This is a bad deal. The alternatives with the features you’re looking for are many at this price. You’re in luxury car territory on a fancy Chevy…
I got an SLE in April with the 2.0 and a lot of options. You can find them with pretty much everything but leather. The incentives have come down a lot in the last two months on the Terrain so it’s a little harder to get the deals they had in March and April. But that’s just a bad deal.
So the $481 a month indeed with $2000 down. Forgot to mention i owe $450 left on my current lease but thats really not a lot. Anyways just that he won’t go lower than the supplier price kills me. The employee price is $1600 less than supplier … so there is meat on the bone to shave off and negotiate more, correct?
Personally I’d RUN away from any dealer that quoted me this with a straight face. Not even worth negotiating.
That deal is just not good. Shop around and you will find a way better deal than this one.