Then I would strongly recommend doing some research. For starters, as others have stated, the deal is not that great. Second, this is a 2025 model. Don’t expect much of a dealer discount. You could always see if there are any remaining 2024 models.
Are you planning on keeping it if you get the Hummer?
Walk away.
This is incorrect information.
The MSRP cap applies only to section 30D of the inflation reduction act which is for consumer purchases.
On a lease, the lessor claims the tax credit themselves under 45W of the IRA which does not have an MSRP cap. They can then choose to pass on an incentive to the lessee if they so desire, or do whatever else they’d like to do with their tax credit.
GM has decided to apply their tax credit as a residual value booster likely to limit people doing immediate lease buyouts.
They do the same things on stuff like the Equinox EV which I’m sure we can all agree is well within the 30D MSRP caps for purchases.
I plan on trying to talk the mf down and then seeing if other dealers can beat it. They also have a 2024 as well so I will present a offer on that one with the new knowledge I’ve gained.
I don’t plan on keeping the etron, it has np trade in value as it has negative equity of about $7k of which i will pay the difference
You are looking at this all wrong.
Present them with an offer assuming base MF with the dealer discount that will make you want to sign right away.
Looks like Nov numbers are 66 % and .0033 for 25 hummer ev 2x which is worse than last month
For 36/10k, I see 69% and 0.00324. Which is worse, but not that bad.
I was just at the dealer the residual for 36 12k seems to be 66 and money factor went up from .00293 to .00326 which is a significant jump. Not sure what the reason is behind this given the pile up of inventory and the end of quarter that’s supposed to be the strongest sale time
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