Hey gang… hoping to get some more eyes on this deal. They’re saying the FL system hack means they can only provide this printout as a deal sheet and I’m having trouble making everything add up.
Also, they first quoted me $44,323.43 selling price when I only had a $1,000 rebate, but looks like they bumped it to $45,041.67 once they got my second $1,000 rebate to work.
For starters, I believe that the programs change starting tomorrow so this might not mean much of anything of you haven’t agreed and signed anything. Is this 24 months, 15k miles a year? The RV and MF seem to line up with that but the “AMCREDITL80” lending institution is throwing me off. Is this a GM Financial Lease? Is that just a Florida thing for them? I haven’t seen that before but I know some captive banks operate differently in the southeast. Your deal sheet appears to be showing a $695 acquisition fee when it shouldn’t, that’s waived on the Blazer EV. I’d ask why the sales price changed when you were quoted something different before you were able to get the other rebate. Which rebates do you qualify for anyway?
Sorry, one last question guys. They’d said that leases don’t qualify for the federal tax credit, but I thought the lender is able to claim it and usually it’s passed on as incentive, is that not right? Thanks again for the quick and insightful help!
On the Blazer GM uses the $7,500 tax credit to pad the residual value of the car. Aside from maybe a Corvette, you’ll never find a GM vehicle that will ever come close to holding ~80% of it’s value after two years lmao. They are going to take a bath on these in a couple of years when they come off lease. Better them than you.
Update: They refused to acknowledge or correct any of their mistakes and basically said “take it or leave it.”
It was a decent deal even with the shady bits, but the fact that they wouldn’t even fix the obviously-wrong residual was too much of a red flag. I passed.
I was able to get a blazer EV 2LT for $245 a month in Orlando. $0 down and $0 due at signing. Even included my first month’s payment. I had the Costco incentive, military bonus, and bolt cash as I was a bolt owner. Obviously not applicable to everyone but I’d say keep looking. Even without all of those, I was at $350 a month with nothing down.
How many miles and how much was the Bolt cash? I had $2k in incentives between Costco and Supplier, if they’d gotten me below $300/mo I’d have snapped it up… $245 sign and drive is amazing.
To minimize the chance of FOLP I just offered “MSRP - $X before GM incentives,” and once they agreed to that, the rest (incentives, one-pay, etc.) took care of itself.
I also went to a smaller market, just outside our major metro area, anticipating even softer EV demand than there is locally.
There’s no one right way to do this, this is just worked for me. First dealer I contacted took my offer.