I actually didn’t get a check. I did a one-pay lease, and they charged my new GM card the one-pay net of the post-sale rebate. But I think others that have done similar things got checks the same day. Just make sure you clarify with the dealer how funds settlement will take place.
Congrats! Though I don’t know what they meant by they couldn’t squeeze Costco in. It’s not even money that comes out of their pocket; they should have just paid that out to you, which is completely legal.
Regardless, beautiful truck! I hope you enjoy it. That ultimately is all that will matter.
I wasn’t really looking hard. They had an ad on their website for about twice this plus taxes and fees. They originally were going to be at $220/month on one pay with all of my incentives but they couldn’t do it since the cap cost was way below RV.
I came to the forums and saw a few people mention getting checks back to circumvent that issue with GMF. The dealer made some calls and came back with this structure. I agreed and put down the deposit right then.
Congrats! Sweet deal! How did you find this deal? I’d love to get a pickup for $250/m and can swing the single pay and I’ve got an 800 FICO. But every time I’ve tried, it’s always such a PITA dealing with dealers and most tell me they don’t even do a single pay lease.
I just got lucky that a dealer I have worked with in the past, that is about 10 miles from my house, really wanted to unload this one. The finance guy was great - he mentioned he barely ever does one-pays but was willing to play ball on this one.