Personally I wouldn’t worry too much about how the dealer is getting to the answer. Deal looks decent but see if you can push on that 89k sales price to get your payment a little lower.
Perfect thanks. I should only expect 3000 CTP and 500 first responder then!
Using Lh calculator seems the payment should be far less.
The GM credit card also just relaunched so you might get $500 towards the car if you sign up at the dealership.
These deals are just tougher now that Costco is gone. If you had supplier you’d get another $2k which helps a lot. If you really want the car then this offer is ok but if you are chasing a deal for GM EV trucks, there are more options out there.
I have EV supplier, was told doesn’t apply as the pricing would then have to be supplier pricing?
Supplier and first responder won’t stack.
Supplier is 2k, first responder is 500.
This is false. You just need to find a dealer to play ball.
What your calculator says and what is realistic are probably two different things. See my other response but I would push them to give you some additional dealer discount for your supplier code.
not gonna lie your deal seems all over the place so it’s really hard to decipher whether or not it’s good or not.
Can you lay out the facts like this?
MSRP
Dealer discount
rebates
lease terms
Money Factor
RV
The residual value will most definitely be impacted by the demo status and if it’s truly a “used vehicle”, it could also be impacting the RV.
MSRP - 124,235
Dealer discount - 34,340
Rebates - “should be” 3,500 (Courtesy status and first responder)
36m/15k miles
Money factor - .00248 = 5.95%
RV - 63% (I questioned this as it shows on edmunds and calculators 64% but assuming lost 1% as a demo)
You make sure 24 months isn’t cheaper? Also what is your target deal based on other data points/how much cheaper do you expect this to get?
Trying to determine the discrepancy between his numbers and my numbers. What am I missing that gets him to almost 1k when my calculators I’ve done numerous times all come out to sub 800.
Did the GM tell you base mf or are you making an assumption on that? Could be one reason for the difference. Run it in the calculator with a fully marked up MF and see what it does.
I guess my point is you may be missing the forest for the trees. Judge the deal by its merits not what your calculator is telling you. How does does this deal compare to others on this site?
Does the $34k include the $3k purchase allowance (finance only) rebate or any other rebates you don’t qualify for? 27.6% without your rebates does not sound like. My guess is that might be inclusive of your rebates and the $3k loaner cash.
I will say in having shopped this, every dealer I deal with marked up MF. Some maxed out their markup too.
This was his response to “is the mf marked up?”
“Yes, wholesale money factor is marked up 40 basis points to retail money factor “
34k off was just straight discount. Nothing included.
There are no other deals similar on this site. This car was listed as used from the dealer, I questioned the GM and I was told it’s not leasable as it’s being sold as a used vehicle.
Fast forward a day later I get a call saying he was mistaken it can be leased. So the car essentially was listed at 90k due to being “used”. Anything similar “new” is. 20-30k more, but with more flexibility from dealers.
how is the residual value the same as a new vehicle if it’s a used title vehicle?