I’ve been targeting lyriqs in Michigan region (Michigan, Ohio, Illinois, Indiana). Finding a dealer willing to do this discount and get the 2500 rebate on a tech/sport1/lux1 courtesy/demo was my target. I had a hard time in this region. The ones I think would discount acted like these vehicles have been gone for awhile “because they were leasing so well. Thanks to help on this site searching casting a wider net seemed to help. Do you by chance qualify for supplier or be able to find someone with gm employee to sponsor you a code? Also see if the dealership will help with the GM card signup $500 bonus.
Thanks. What do you think about the original deal though? I think there are still room for improvement but I don’t know what the incentives will look like after December (the deal already includes supplier discount btw)
No dice on loaners nearby. Only ones available have huge miles and might need new tires after 24k more miles
Gotcha. I didn’t search too much in Michigan, there were not many loaners from Cadillac inventory from what I could tell, 6k is a lot of miles I agree. I think this original deal is solid for a non loaner. You are at 8% discount which isn’t the easiest in our region. I don’t know what the incentives will look like after December, I’m not sure how often Costco is available. I think the other incentives have been pretty consistent. I do not know what the switch from 24-25 models will bring. All in all this is a solid offer given our market. Come to think of it, I had a demo Lux 1 come in about 10k at one dealer, they just were not motivated to discount the selling price. I mentioned to him some of the offers I had and he told me to buy it there.
You should ask the sales manager or your sales rep (who will then ask the manager) if they’ll put the car in loaner service. It will take a week or 300 miles but they should be willing so that you can get the loaner discount. Only issue is that you’re so close to the end of the year that it’s a risk the programs will change in Jan
By the way, I just realized something. With the selling price as low as it is (~7.2% discount), $5k in incentives (everything except loaner) AND $5k in additional CCR, the ONLY way for the one-pay lease to be that high is if they mark up the money factor by a pretty hefty chunk. For instance with a decent MF say .0015 (I’m tier 1, 800+ credit so should have the lowest MF rate) the total cost would be like $1k lower.
Did they just pull a sleazy move of robbing Peter to pay Paul? Is there any room to negotiate the MF (assuming I’m correct)?
Yes I misunderstood. What is the CCR, is that extra vin specific incentives? I must have missed that in my research and no dealers brought it up when talking about their inventory. I just purchased a demo tech rwd same incentives as you and I put 1k down and low 2xx per month thanks to someone on this forum for the referral. Dealer would not support one pay. They did not mark up the money factor
Checked and saw car was still on the lot on Dec 31st. Called, negotiated & signed $8700 one-pay ($2500 additional discount) This is the best I can get out of MI dealers for a non-loaner Lux 1.
