Drove a iX over the weekend. Really liked it. Started shopping. Dealer around me (60423) has a 23’ iX M60 demo car with 9500 miles on it for 85k. Can I lease this car and get the $9900 rebate on it?
I got the MF and residual from Edmunds. They seem to think the $9900 does apply.
“.00069 and 50%
$9900 lease credit”
My calc:
For demo You can apply only $5900 but for some uknown reason not all 23s are eligible for EV rebate.
It’s $5,900 and has to be verified by VIN in the lookup tool by your dealer.
We have a heavily discounted M60 posted but must be picked up in person.
Started trying to negotiate:
I want this car. And he says the MF is tied to the VIN and that instead of what the Edmund’s guy said “.00069” is correct the dealer is saying it’s .00151 and won’t budge.
He is offering $1500 drive off (fees plus 1st payment) and $859 a month for 36/12 for the car.
Can anyone validate the MF?
Seems getting this thing for $750 with $0 DAS ain’t happening here.
There isn’t a “correct” MF of any kind.
MF is negotiable just like selling price, between buyrate and whatever the cap is.
Be prepared to move on if you reach an impasse
A brand new 50 might be a better deal
Thanks. Edmunds just replied that they food give me the wrong MF and that it’s actually .00111. The dealer can mark it up for profit. So that’s why it was .00151.
There’s another car that is the same spec across town. I’m going to see if they’ll deal!
In the future, you can pay $10 to become a super supporter here, and you get access to Ratefindr. No human error, all computer pulled. Plus no waiting for someone at edmunds to respond. 
For this and all future deals, construct your target for what the deal should look like, make offers remotely, and only step inside to sign.
100% would save me some time to get rate finder
I have been doing all of this through email and text. Hopefully tomorrow I’ll have a deal I can sign.
Signed up!
@IAC In the Rate Findr it shows that I should be able to get the 9900 incentives for the 23’ iX M60. How can I validate that as what we’ve said here is it’s actually $5900.
My current calc: CALCULATOR | LEASEHACKR
Not on a loaner. It’s $5,900 and it has to be verified specifically on the vin you’re shopping for eligibility.
Can we not stack the 2400 lease credit on top of the 5900 for qualifying loaners?? If you can and then add conquest that’s 9300 total which would make a killer deal on loaner that’s 17-20% off.
is it just for '23s, or all loaners? i.e. does a MY '24 loaner get the $7500？
Just $5,900 for 23 or 24 but most (90%+) loaners with enough subsidy to make it are 2023.
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