What do you guys think of this? I tried to make the calculator as close to the numbers I have. I’m using Costco and receiving a $700 giftcard. Also dealer is making my last payment of $414 on my current lease
2020 chevy equinox awd premier with convenience and confidence package and sunroof
MSRP $40,040
Selling price $36716
Residual $24824
Im getting $2100 in rebates from dealer including conquest
Money factor is .00067 with tier 1 credit
Im putting down first payment and dmv= $512
Monthly payment comes to $339 with taxes rolled in.
Then GMF is, not the dealer. It’s an important distinction as the vast majority of people think that dealers will magically pay negative equity and not even notice it on the contract.