I am in the process of leasing a Cadillac lyric. There is an ongoing 439/month lease on the lyric base model. When a manufacturer advertises a lease like this one, does this number assume that the lessee qualifies for all other optional offers? For instance, qualifying for an ongoing conquest cash or costco offer? I would assume these are over and above the advertised lease and should make the lease even lesser.
Those two rebates - if available in your zip and the model desired- would reduce your “money down” by 4000$- if^ those rebates aren’t stipulated as mandatory to get the advertised payment in the ad-
I would actually qualiy for almost $9k in incentives that is not mandated in this offer… (2* 2k lease cash incentive, $3k conquest, $1k Costco + $1k GM supplier EV incentive ). I was hoping all these would bring down the lease, but the numbers arent event better than the advertised lease.
I saw that Lyriq thread and sent a message to the dealer with the details… Waiting to hear from them. I am not even focussing on the dealer discount for now… Once they come up with the lease numbers, I will push on that. For now, they are way off.
Use the dealer discounts you have researched to establish a target lease deal and offer that. Asking them how much they want you to pay is a waste of time.
Alright, I understand. Essentially, dealerships in my vicinity aren’t providing any discounts. I’d have to travel two hours away to find a reasonable discount, but even then, the dealer mentioned it would only apply to financing, not leasing.
Rebates can be conditional (some apply to purchases; some leases).
But dealer discount is purely discretionary on behalf of the dealer and can be applied anywhere. They can discount a car by thousands of dollars or mark it up by thousands.
Offers they have made and advertised. But, learning fromthe suggestions in this thread, I have now switched to providing what I am expecting the lease numbers to be given the incentives… Waiting for responses.
My situation is a little nuanced. I am running on a time constraint and hence the rush. I hold a 2024 Rivian R1S Launch edition Lease offer with a confirmed delivery date in the next 2 weeks… This is a pretty solid deal after applying my pre hike lease offer. However, this is our second car and will be for my wife who prefers a smaller car, but ok with a Rivian if we can’t get a good deal elsewhere. Essentially, I am trying to get a get a good deal before we take delivery of the Rivian. Truth be told, I’m torn between going for the Rivian or sticking with the smaller car preference. But yes, I will follow through if its a good deal.