Massive thanks to @bb86 for dropping this absolutely bonkers Silverado EV deal right into my lap. Snapped up this sweet ex-loaner 2024 Chevrolet Silverado EV 4WT for $269.47 per month with $0 due at signing. Truck was an ex-loaner vehicle with 2k miles on the clock, still feels like new to me.
Stacked the following rebates:
Ex-loaner $5750
Supplier $2000
Costco exec $1250
Conquest $250
DEALER WILL NOT REPLICATE - this was a one and done deal for them
Wasn’t even looking for a car right now but this was too good to pass up. And since this is technically a used car I am expecting to receive another $1000 used EV rebate from my utility company. Absolutely bonkers deal for a bonkers car. Over 500 horsepower and over 400 miles of range… in a massive freaking truck.
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A loaner isn’t used because it was never titled.
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Awesome deal, congrats. As stated though, you won’t be able to claim this as a used car for that rebate
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Looks like a great deal. What’s this “ex-loaner rebate”? Or are you just saying they discounted the truck $5750 because it’s a demo? I’m trying to replicate the deal on this truck by me and just trying to get the details. It’s also a demo car.
Theres a big price difference with OP than this, 2 different lease programs
Looks interesting. Can you share details? Which bank, term, lease residual, money factor?
What was the original MSRP? Nice Job! Phenomenal deal!
Does it have any free charging offers ?
All the paperwork marks the truck as used, and it came with the used vehicle buyers guide. I already submitted the application and had it approved.
And technically it was titled - the dealer took title while it was in inventory as stated on the Carfax. It is only new from a Chevy rebate point of view.
Edit: The utility program excluded “unregistered dealer demos” so like Tesla demo cars that are used for a few thousand miles but still sold untitled. In the case of this car it is already registered and has plates on it.
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The contract (linked in signed) lists this truck as used and that’s what the utility company looks at for the rebate. Already got the go ahead from them and am now just waiting on the check.
There’s a $5750 rebate from Chevrolet specifically for cars that used to be used in a loaner fleet - new vehicles do not qualify for this program
Here are the details in my signed post
Original MSRP of $81,500 - thank you!
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No free charging offers - thankfully I have solar so I never have an electricity bill anyways. Will be very useful for powering this monster of a battery
How did you get such an aggressive money factor? That rate seems extremely low.
To be honest I’m not sure how the deal was structured - normally I do a lot more research when hacking my own deals but when this was handed to me I kind of just said yes lol
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An $81K truck for well under $300 per month! Bravo! My electric rates in CT are sky high and I have solar panels which I lease. I’d also hate to get the personal property tax bill on an $80K truck from the city where I live every July. Thats going to be at least $1,500!
Thank you! Oh yeah that is definitely crazy. I wouldn’t even consider this truck without solar lol. Did the math and a hypothetical full charge at an electrify America station would be well over $100
That’s really weird. I don’t understand how they can say used but apply the lease terms for a new vehicle. Hopefully nothing gets bounced back.
Regardless, that’s a crazy deal.
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I guess it’s not really lease terms of a new vehicle either. Technically the residual value is also adjusted for it being a used vehicle. Chevy just happens to let you apply some of those new vehicle rebates on a used vehicle. But for example the CarFax moving forward would show me as the second owner, with the dealer being the first.
