Chevy Equinox EV LT2 Conv Pkg 15k/24m 0 Drive off $199 or $3815 One Pay 44K MSRP

Ask the Hackrs
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1

Hi All,

Thanks to the awesome forum here. I am close to getting this deal. Planning to stop by tomorrow morning to pickup the car. But provided the calculator below to showcase the numbers offered. Still debating to do monthly payment or onepay as the monthly has only 5% APR compared to current rates we pay for our HELOC or other loans in 8-10%.

I do drive a lot to commute. So opted for 15K instead of 10 (which had 150ish monthly zeez..)

What do I expect from a Chevy dealership? Anything to be cautious about?
Do I need to get gap insurance for GM?
Obviously I will reject dealer add ons. Do they offer the smart drive as package if its not part of the original deal? Always wanted to try that but if it only adds few hundred to total deal (assuming if they do and residual applies to the deal).

5K MSRP discount. 5500 rebates(2 Conquest for 2500, 2K in Lease Cash and 1000 supplier code from a friend).

Dealer had 995 fee but thats about it other than std govt fees and taxes which is reasonable I suppose in crazy FL.

I do know this is the only LT they have now and others are RS which has less lease cash.

2

That’s not how it works. The return on the one pay is much higher than 5% and is pre-tax. That said if you have to borrow to do it then there are other factors you should consider.

3

how do you get 2 conquest offer combined? and whats the 1000 supplier code discount?

4

There is 1000 code for owning a 2011 or newer non GM vehicle. There is another 1500 for leasing non GM 2020 or newer in household. 1000 is a supplier code which can be obtained by anyone working in GM or their preferred suppliers (ton of them) who can share a code for you. In my case, I had a friend who has UPS store and he gave me a code.

5

I ended up not getting this and got the below instead.