TX Hummer EV SUV
Loaner CTP Program
MRSP $99,999
Discount $14,000 (dealer, CTP, Supplier Allowance)
Purchase Price $85,999
Fees and Taxes $1400
RV 70% or $70,000
Trade Credit $6,000
36 months/ 15K miles a year
Monthly Payment $950
Is this a good deal? I think the MF is around 0.00424 or 10.2% APR on this.
Looking for feedback!!
" Is this a good deal? I think the MF is around 0.00424 or 10.2% APR on this. "
What does this tell you ?
Inflated MF doesn’t matter if the DAS & monthly is inside your target deal.
Make sure the residual hit is actually cheaper than just paying the overage. Also make sure 24 months isn’t cheaper.
No, this is not a good deal, historically. Go check some of the hummer threads, especially for a loaner.