Sale Price: 59,000
Rebates: 3000
Total after Rebates + Discounts: 56,000. I have not factored in the GM card or $500 private offer
Residual: 50,989
Cash Due at Signing: 2000
Lease Money Factor: 0.00246
12k miles / 24 months
Monthly after tax: 527.42
Sale Price: 59,000
Rebates: 3000
Total after Rebates + Discounts: 56,000. I have not factored in the GM card or $500 private offer
Residual: 50,989
Cash Due at Signing: 2000
Lease Money Factor: 0.00246
12k miles / 24 months
Monthly after tax: 527.42
Missing MSRP but post a link with this info in the LH calc as easier to review for others.
Need more info as stated by @gohawks23 above. You list “sale price” but what is the MSRP? And what rebates are you referring to since you say you haven’t factored in the $500 GM card or $500 private offer (which are rebates)?
This seems high to me on a general gut check. If it’s a 67k MSRP discounted to 59k before rebates then I stand corrected; that seems like a good deal. Either way, you shouldn’t put any down on a lease; don’t do more than first month’s payment or 0 DAS (due at signing). The “exception” being if you do a one-pay where you can save a lot. With $2k down you are looking at $610 effective/month.
I don’t have access to this month’s buy rate money factors but that strikes me as a bit high too, but programs could have changed a bit compared to when I leased in April.
Try to fill out a calculator link and share any paperwork they have provided, although the calculator will be the most helpful if accurately filled out.