Can someone help me dissect the rebates and incentives this month for GM. Need some help from you GM gurus…
So Im looking at Autobytel’s page on a GMC Terrain SLE AWD and its giving a bunch of rebates and incentives. Are all of these applicable towards leasing or are some of these rebates only towards purchasing? (Doesn’t really say there)
https://www.autobytel.com/gmc/terrain/2019/incentives/
Im in NY but moving to NJ soon and am wondering what the tax rate in NJ is for leasing? Is it by county tax or does the state of NJ charge a flat state tax for leases? In NY it goes by which county the car is registered in and by that county tax…fyi
Anyway, I asked Edmunds and the moderator came back with $3,500 incentives ($2,250 in CCR plus another $1,250 in CCR) but when Im looking at Autobytel I see there are tons of other rebates there, including a ($1,500) rebate for “Trade in Allowance” Can I apply this trade in allowance rebate towards my lease trade in? I have a VW lease currently with 3 payments left so If I could use that rebate, GM essentially would cover that. I know Im also eligible for the Competitive Lease Rebate ($1,500)
Looking for a GMC Terrain SLE AWD with a MSRP from anywhere of $32-$35 so my target is to shoot for 10% off MSRP BEFORE incentives.
Im hoping to be around mid $200’s on a nicely equipped Terrain SLE AWD (~32-35K MSRP) on a true sign and drive or minimal DAS (1st month and NJ dmv at signing) so if the rebates are there I think I can be successful if I do enough shopping.
Did a copy and paste of the rebates/incentives below…
Trim
Rebate
24 Mo
36 Mo
48 Mo
60 Mo
72 Mo
Expires
Category
SLE AWD $1,000 - - - - - 1/31/2019 Bonus Cash
(GM Down Payment Assistance Program)
SLE AWD $500 - - - - - 1/31/2019 Stand Alone Cash
(GM Consumer Cash Program)
SLE AWD $1,000 - - - - - 1/31/2019 Bonus Cash
(GM Bonus Cash Program)
SLE AWD - $2,250 $2,250 $2,250 - - 1/31/2019 Bonus Cash
(GM Financial Supported Lease CCR)
SLE AWD $1,500 - - - - - 1/31/2019 Bonus Cash
(GM Lease Loyalty Purchase Program)
SLE AWD $1,500 - - - - - 1/31/2019 Bonus Cash
(General Motors Competitive Lessee Program)
SLE AWD $500 - - - - - 1/31/2019 Bonus Cash
(GM Lease Loyalty Program)
SLE AWD - $500 $500 $500 - - 1/31/2019 Bonus Cash
(GM Select Market Incremental CCR Program)
SLE AWD $1,500 - - - - - 1/31/2019 Bonus Cash
(GM Trade In Allowance Program)
SLE AWD - $750 $750 $750 - - 1/31/2019 Bonus Cash
(GM Select Market Incremental CCR Program)