Seeking a NY lease for a 24 Silverado ev rst. Or sierra ev demo. I’ve called a bunch of dealers after seeing the 281/ 24month one pay. Many dealers have the 24 demos but are not stacking the rebates I have with the dealer discount.
I know I need a 2k mile truck to get the full gm demo discount of 5750 x 2.
I have 1250 Costco exec, 3750/4200 gm employee ev and I’m still getting crazy numbers. How have you all been successful getting the dealer discount stacked in a lease? Everyone is saying they only combine on a purchase…
Thank you in advance
Specify your location when asking for input on a deal! Tagging by state (e.g. CA, NJ, NY, usa-nationwide) is mandatory.
Please tag if your question involves a specialized topic (e.g. tax, insurance, legal, shipping, 3rd-party-buyout, lease-end-purchase, lease-transfer, etc.). You will reach experts faster that way. View all tags at Leasehackr Forum.
If you asked for a deal check, circle back after you have signed a deal – the community always loves to hear back! Submit your deal to SIGNED! (https://share.leasehackr.com).
I’ve been trying to get one as well, but the max discount I’ve got so far was 14.5k, but the unit didn’t qualify for the 5750 bonus according to the dealer.
So with newer 26 Sierra Ev I was told they can do a 10 day loaner service and get 2750 CTP program. On the 24 Silverado there are 2 programs; a 30 day program 5750 ctp then a full 2000 mile/60 day ctp program which I’m told should double the $5750 courtesy discount.
In my research the money factor on the 24s is way better than the 25/26s. Residuals on the 24 are still hovering around 67-69%.
Hey Frankie - so, does a courtesy '24 Silverado EV need 2000+ miles to get the $5750 ccr, or can it have 800 miles and get the $5750 discount?
I’m looking at the lease calculator and there are 3 other rebates that I’m not sure about. 1) $5750 discount criteria, 2) "Chevrolet Incremental CCR program of $1750, and 3) Under dealer incentive: "Chevy Silverado EV Courtesy Transportation In-Service Program (or Out-of-Service Prgram).
The calculator allows all 3 items to be checked at the same time, but I have a feeling that only 1 of 3 can be applied depending on the conditions. I’m not even sure if the “In-service program” is something that can be known unless asking the dealer directly.
Lastly, does the gov’t lease rebate of $7,500 go towards the “non-taxable incentives” space?
Any guidance on this would be greatly appreciated. Thanks!
You are going to have to do some calculations and based off your state taxes and rebates you qualify for; build a target number. The best I got was $599 with $1k DAS for a loaner (36/10). That quote didn’t have the full $5750 incentive and the additional $1750 I qualified for.
The thing is these loaners are considered used and when you look at 24 RSTs with loaner miles (under 8k or less) units, they are priced under $70k.
Update- no go on this one. Dealer says they can’t stack the rebates. Will continue on…any advice on how to approach these dealers and not waste 20-30 minutes on each call rehashing the convo every time ?
Maybe it was by chance but I had dealers in southern region willing to play ball - had deals lined up in New Orleans and Arkansas - went with New Orleans. I estimate contacting 60 or so dealers. Found 2.
Thanks for the advice. Did you ask to speak directly with sales manager or F/I? Trying to get a best path forward to save time. I have Costco Exec, supplier/GM Employee EV allowance, trying to do my best to replicate a 300/month 24/12k deal on a CTP unit. To accomplish this must I have a CTP unit or have the dealer adjust/sell the vehicle at a loss ?
Even with the loaner money I had multiple dealers tell me it was a $10,000 loss so without it if that’s true, it would obviously be more. My discount before rebates was 18%.
I wonder what that loss would be if the car isn’t leased with so many rebates and have to dump it to the auction. I’m pretty sure that loss would 3x more:)
Yeah, that’s what I’m saying. if they aren’t selling them now then what? send to auction, take a loss and use it to offset income? not sure what the strategy is but so dying to find out the thinking “we can’t sell you because it’s $10k loss”. Well what are you other better options that this? Take a $40k loss?
Just remember that while LH folks are out there, we are not the norm. Many folks will see a new $96k truck being discounted by $10k and think it’s a steal… or in some cases, the dealer would probably rather lease to an employee than some rando on the street.