Cadillac Lyriq Luxury 1 2025 (TX) - 400 monthly 0 down 24/15

MSRP 60900

Discount 16.4% off MSRP

Incentives 5000 (including Courtesy, Supplier, and Conquest)

Tax 3.25% (brought down from 6.25% using L&M credits)

DAS 0

Monthly 400

Vehicle had almost 500 miles in mileage but was courtesy fleet

How did we do? I could have probably slashed an extra 20-30 per month

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thank you for data point

Dang that seems like a great deal, especially since you got 15k miles. Congrats!

Good deal for me. So, was the lease signed on Oct or Sept?

October month

Are you sure you got 16.4% off before incentives? with this discount, the numbers should have better I think. Do you have all the numbers with you to throw in calculator?

2 posts were merged into an existing topic: Off-Topic Landfill 6

Hey, did you get back the full amount of the $7500 EV tax credit and was that taken as a discount off the MSRP? Or did the dealer keep some of it? Sixteen percent discount is strong, but I imagine that the dealer always takes the free money to make a deal, and to protect his margin. Supposedly GM found a loophole to keep the credits but only through the month of October. I would imagine that the price should have been lower, but they probably marked up your MF. They like doing that since most people don’t notice. Anyway, thanks for the terms of the deal.

GM has been baking in the $7500 credit into their residual value (by elevating the residual value from what it should be)

How much was the Courtesy Incentive? And how many miles required for a car to get the incentive?

Thx

That was before. I was wondering if things changed this month since the residuals dropped across the board in their lineup.

I think the 7500 is no longer being baked into the residuals but is being given to the dealers directly as cash to apply to deals.

Wow… that is isane