This deal is incredible, the best I’ve ever seen. Congratulations!
If you don’t mind, would you share how you convinced them to lower dealer sale price that much? I’m looking at a 2025 3x with 2500 miles msrp $122k
The dealer has had it for over a year, but the GM doesn’t want to “lose” 30k on it. I showed them KBB value, which is under what I’m asking them to do (would be happy with $92k). ..even some deal sheets and nothing..
After waiting 2 weeks, deal got funded and then dealer sent check. It came in yesterday in mail for $22,000.00. Unsure why the $335 additional. Yielded a $116.38/month effective payment
I updated the deal on the thread and initial post.
And yes, as one of my earlier posts: you have to be on the right car, at the right place, at the right time, on the right dealer. Beyond knowing the math and patience, there’s luck involved. God is great.
Someone asked if i’d be interested in transfering the lease to them…they were willing to pay me $20K but honestly i probably wouldnt do that for less than $25K and even still i might think about it.
Does anyone know if GM would allow that? Isnt there a waiting period or something?
I would have a line of people willing to give me anywhere from $10-$15K to take over the lease because it’s prepaid off and in essence made free money. Even at $15K anyone would be coming out ahead because noone is doing hummers for aything in the $400-$500’s/month…truck or SUV with no money down. However, to get this caliber SUV would not be attainable and take a lot of work and time. I have another hummer i got a few months ago which was also a CTP and a 2024 and neither have given me any issues (thank God). I absolutely love em.
It is very tempting to exit and make some free cash and be in the market to look for another vehicle….decsions , decisions.
Amazing deal, congratulations! Just curious about something. You got a check for 22k right? And that brought your effective to $116 on a 36 month term. Doesn’t that mean the payment you’d be transferring to someone is $727/month? I’m just trying to understand where someone wants to pay 15-25k on a 727/month payment. If your contracted payment was actually your effective of $116, then I get it. But that’s not what this sounds like.
Dont mean to sound rude, but did you read this thread?
It’s not about negotiating any amount of check back from the dealer…that approach will not get you anywhere. You focus on what you believe is the true market value or what the selling price of the vehicle should be (Pre-incentives) and have supporting data points, used car listings, articles/websites, MMR values etc and maintain that price at buyrate.
Using that coupled with the residual will yield whatever the math comes out to be on the depreciation and rent cost for the vehicle.