Chevy Equinox RS EV $3600 OnePay. Too Good to be true?

I was searching Chevys website for Lease deals on the Equinox RS EV and came across these. Im in northern California but these cars are about 1300 miles away.

Ive never leased before but Ive been lurking this site for the last few months. I only started tracking my current mileage since december.

Am i missing something or are these just good deals? It seems too good to be true.

Also, If the deal is true, does the car need to be returned to that specific dealer once the lease is up? Or to any chevy dealer?

Im really looking for a 2024-25 Equinox RS EV, hoping to find a lease with 12k miles per year.

Also, last question, if the car doesnt have a trailer hitch when leasing, can you put a hitch on a leased car?

Thanks, and please forgive me if these are newbie questions. This is my first post after lurking for a few months.

Leases can be returned to any Chevy dealer.

If you want a car with a trailer hitch the best option would be to just find a car that has a trailer hitch.

However, this deal almost certainly doesn’t include taxes and fees and is also accounting for incentives that you would need to make sure you qualify for. There’s just too many missing details to evaluate this deal.

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I will update the post with more specific details. When I first searched the Chevy website I sorted from Lowest Price to Highest, and it shows like $16/month as lowest price. But once I click the price goes up, I’m assuming because I don’t qualify for every incentive, but I do qualify for a few.

Thanks for your response

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It isn’t too good to be true. I signed a $2700 one pay last month (24/12k) on a 2025 Equinox EV RS. MSRP $44,795.

Also, to be clear, there are people who have done even better than that on these forums. If you qualify for the rebates to go along with a good/great dealer discount, you can get a great deal on these right now.

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Not too good to be true, but a very good deal.

With no more Costco going to be harder to replicate.

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Ahh…I hadn’t seen that. I do see that the LT still has the extra $1750 that is universal. Also, if OP can find a demo/loaner, they can get another $1500 off.

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I pointed this one out as too good to be true because that $3600 supposed one pay is for 36 months, not the 24 months that everyone has been posting about. Especially without Costco now, this would be a pretty outrageous deal for 36 months if real.

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Is there a way to replicate your deal? Or I just have to find a dealer willing to work with me?

I understand you got this pricing in Chevy.com. I dont think the dealer will honor the pricing. I have seen some dealer apply $7500 federal EV rebate into the pricing, which is applicable for purchasing only, not for leasing. Please check with the dealer and see if they honor this price. It would be a great deal if they do.

Replicating these Chevy EV deals starts with understanding what incentives you qualify for.

Current available ones are
Conquest ($1500) - non GM vehicle 2010 or newer in household
Bolt owner or lessee that currently has vehicle or returned it after March 2024 ($3000)
Bolt $3k does not stack with conquest $1.5k
Current lessee ($1000) - have a lease of a 2020 or newer vehicle in household
GM Supplier ($1000)
Blanket $1750 rebate for LTs (may be regional so you would have to verify locally)
Courtesy transportation loaner rebate for I believe $1500
GM Employee ($2,250) does not stack with supplier or conquest

From there, you would need to target a dealer discount of $4k-$5k to get a deal competitive with some of the better signed deals on this forum.

My personal best Equinox EV deal that I’ve hacked was a 2025 Equinox EV LT with conv I pack that I got for $1944 for 24 months/10k mile per year at 7.75% tax rate in SoCal. That deal used Costco (no longer in play), GM card (no longer in play), conquest (non Bolt), lease, and supplier.

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To piggyback on @carrot56

The deal this month definitely seems to be the LT trim with DEMO discount (since no more costco). The good thing about a demo is that those are the units that dealerships are usually willing to work the most on. You can’t be picky about color combinations though :rofl:

Yep demos are definitely going to be the way to go this month for maximizing stackable incentives. Hah speaking about color combos you should see @bb86 's Blazer in trophy garage :rofl:

In my region (Florida), it doesn’t appear that conquest and lease loyalty are stackable and conquest is only $1000. I am not sure you were necessarily saying they were stackable, but you did say that it wasn’t stackable with Bolt.

Just for OP’s information I figured I’d point it out, but it could be different in his region.

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Based on OP’s location in his screenshot (Redding, CA) - Conquest and lease should be stackable. That’s the way I’ve done it on all of my Blazer and Equinox deals.

Of course they are…everything is better outside of Florida :rofl:

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Oh my…that certainly is bright…haha.

That price though…sheesh

I went directly to the Runde Chevy dealer website and saw a bunch of dealer discounts of $10-15K on Equinox and Blazer EVs and found the OPs vehicle but it didn’t have those low numbers on the lease deal. Came back to look again after lunch to call them and all the huge discounts on their website had shrunk to $0-$750. Guess this post generated too much interest to keep those deals advertised any longer. Wish I’d snapped some screenshots.

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Can almost guarantee you that those discounts were never real discounts. They got to those numbers with some combination of discounts, fed tax credit, and conditional incentives. There was one month that Rotolo did $6k off EVs and apparently managers got fired over those deals. No way a dealer is actually taking $10k-$15k off

I asked one dealer to provide a quote.
This is what they asked for LOL

I checked in with my manager and for New York he would need you to confirm both your county and your date of birth for the tag and title fees.
The shoe size is the next thing i guess…