This is the first deal the dealer gave me here in Florida on a Silverado Crew Cab LT 4x4 with the Turbo Max engine.
Retail is $56,669
It’s the LT not the LT 2FL
I think i got them down to $595 with only the first month payment up front. Do you guys still this that is high.
(Newest deal down the page)
Thank for the help.
Get a break down of the stealership “cox Florida equipment” it probably includes vin etching and a bunch of other unnecessary dealer markups. Work to have that removed or a stronger dealer discount.
Im confused about your trade allowance of $34,000. Are you trading in a vehicle that is paid off and they are giving you $34k for it? I may be reading this wrong but that looks like a $34k down payment to me. If you are trading or selling a vehicle, keep the two transactions completely separate so you easily follow the money.
also what are the $2500 cap cost and the $6000 cap cost reduction breakdowns?
The lease sheet shows about $610 with $2500 down, do you have numbers to reflect the 595 with only first DAS?
Learn how to use the LH calc in the Wiki here to put together your own target payment/DAS…post a link.
To be honest i don’t really know what a good deal would be. They are down to $593 with zero down.
Retail is $56,669 The selling price is 51,895. After the discount and the rebates the adjusted cap cost is $49,973
They showed the RV at the end of the term to be i think $35,456 i don’t remember exactly but it was $35 something.
What am i missing? That is only a total of 14,527 difference. The payments add up to over 21,000 over the 36 months. Help! Thank you!
Search the marketplace to see where brokers are at on a SIlverado. This late in the game, it’s often best to go with a broker because time is of the essence.
Sould i plug those numbers in a lease calculator and see if the outcome is different. My lease right now has a difference of $18,967 and that payment is less so i must be missing something.
I’m not following. Plug your numbers into the calculator. Compare those numbers to what brokers are offering, but use a broker if one has a deal. You’re almost out of time.
The trade in is my lease i have now. It has 5 more payments and they are calling it a wash like it doesn’t exist. Is it affecting anything with the new lease?
Would you call $560 a good deal?
How long do the deals last? Are they going on until Friday?
The one is the loyalty and Costco. I have no idea what the $6000 is. That is a older one and i can’t seem to download the one they just did.
I don’t work with Chevy, so I have no idea. Some makes and dealerships are cut off as of today.
Your effective discount is around 6%, which is average for a new Silverado. This dealer is buying out your trade-in at your buyout price. Make sure it’s a competitive offer. It’s hard to recommend a Turbomax at $600 month. Your deal sheet doesn’t show the RV or the MF, but neither must be favorable. While the deal being offered here is OK for the vehicle, it’s a bad lease for the current market. For example, the Ford F150 STX is advertised on the marketplace here for $331mo + ttl with a similar MSRP.
There’s no such thing as a wash where they are showing the car in the new deal. What is the current car you have now? You may have equity in it. Dealers aren’t in the business of doing favors.
It’s a 2023 Silverado LT Crew Cab 2wd with the Turbomax. The lease is ending soon and It only has 5700 miles on it so they are willing to pay the remaining payments off. It’s about $3000 still owed on it.
I would completely take the trade/truck out of the offer.With only 5700 miles on it you more than likely have equity on it. Get some quotes from AutoNation (and any other dealership that has GM under their brand umbrella) as they can buy the lease out no issue if it is thru GM financial, and get quotes from Carvana and Carmax just for comparison. Im PS the latter two can’t buy directly from GM but if your current truck is leased thru another bank, they may be able to buy it out.
Thank you for responding. Did you see the newest deal they gave me with zero down? But it’s still basically at $600 a month. The MF is .00153 and the RV is 62%. Totally cap reduction is about 8.3% off but with all the other fees it really drops that % down. At $593 a month for 36 months that comes up to over $21,000 paid out over the term. That shows they have a lot of added in fees if i am correct. Would $560 be a good deal,?
Thanks again.
Thank you for responding. I really appreciate it. It is through GM financial. So i would need to go to the first two you mentioned. Looking at the deal do you think $560 would be a good deal or is that still to high?
The MF is really good right now at .00153 so it would be nice to take advantage of that, i believe it ends after tomorrow. The RV is 62%
Thanks again.
