EV tax credit - residual value and msrp

hi! I am new to this website and looking for some advice. I am interested in leasing a lyriq or optiq and have been reading up a lot on the best deals people have gotten.

I do just want to get a little clarification on the tax credit. The dealer I just spoke with said that the tax credit is already considered in the following residual value.
82% optiq luxury 2
85% lyriq sport 1

If that’s true that’s great, but I had read those tax credits aren’t able to be applied onto courtesy vehicles. So for the courtesy vehicles same trim - is the residual value typically lowered? Or are they lying to me :thinking: hope this makes sense!!

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thats not true, they are applied to courtsey cars, the residual could be a tad bit lower depending on the mileage of the loaner.

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The tax credit is reflected in an unusually high residual value on all trims. Now, when he gave you the numbers on those 2 trims it might be because they have the highest residual value, hence will yield a better lease. The upper-level trims on these have much lower residuals which result in much higher payments than the lower trim levels.

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Hello,

I’ve been working with a couple of different dealerships on a new lease for either an Optiq or a Lyriq. I’m specifically looking at courtesy vehicles that are available. Here is some of the responses I’ve gotten when I’ve asked about negotiations on the msrp.

“ I can send you the invoice the Cadillac electric vehicles program is a flat discount these vehicle do not have a % off msrp like the gas vehicles”

“ when it comes to our vehicles the price is as listed” (speaking about the price on the window sticker)

“X is the amount it is listed at”

I see everyone’s deals with large msrp discounts before incentives - am I just dealing with dealerships that aren’t interested in moving cars? I don’t get it! Any help to a newbie is appreciated!

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Yup, just move on.

Dont ask about negotiations. Make them an offer and let them say yes or no to your offer.

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What is a reasonable discount to ask for?

Im currently trying to make the same deal! Ill post what theyre offering me…

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What has your research from the Marketplace and Signed Deals told you is a target preincentive discount?

Honestly all over the place. I’ve seen several people say to try to get 10% off for a demo - but I can’t even get $1,000. Not sure if 10% is “reasonable”.

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Are you targeting dealers that have a large number of these vehicles in stock? If not, that can be a starting point to determine which dealers to contact. Also, if you can target cars that have been on their lot the longest amount of time that can help as well.

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