Help Building Lease for '23 GC 4xe Base

Ask the Hackrs
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1

I’m building a lease for a 2023 GC 4xe Base with Luxury II package in Black. Some general information:

  • State: MA
  • MSRP: $64500
  • Incentives: $11,500
  • Dealer Discount: $1,348
  • Lease Terms: 24 months / 10K miles / $0 Down
  • Adjusted Cap Cost: $51,602
  • Monthly Payments (No Tax): $581.99
  • Monthly Taxes + Fees: $53
  • Expected Lease with Tax + Fees: $635
  • DAS: $735

In MA, there is a $1,500 rebate for PHEV that have a sale price of $50,000 or less. This would essentially get me 2 months free so I want to try to finesse this. Dealer has already told me there’s no room in the dealer discount for an additional $1,602 off. Does anyone here have the know-how or recommendations on how I can propose to get the $1,602 off the sale price but load it into the contract so the dealer would be okay? Like increase the interest?

I’m really looking to lease a PHEV and this somehow seems to be the cheapest commitment in terms of $ and time, in case anyone was wondering my motivation. Any help is appreciated.

2

Youre like $13000 away from having a sales price under $50k

3

You’re saying none of the incentives count towards the sale price?

4

You would need to look at the state law for their credit, but sales price is generally before incentives.

Also, when we are talking ev tax credits like this, sales price generally refers to the msrp, nit the deal you negotiated.

5

Here is the specific information from the MOR-EV page, for my state (MA):

  • The purchase price will be listed on your purchase agreement as “Total Cash Price” or on the lease agreement as “Agreed Upon Value”, or similar. The sales price refers to the final purchase price of the vehicle, as reflected on the final purchase or lease agreement, which includes the price set by the manufacturer, and is intended to encompass the value of the vehicle itself, in full. The purchase price includes the costs associated with the trim level of the vehicle with all color options, wheel upgrades, drive train or battery upgrades, and other packages, such as entertainment system upgrades and tow hitches. Costs not included in the purchase price are destination or delivery charges, sales and use taxes, OEM or dealership rebates applied at the time of purchase or lease, additional maintenance or repair packages purchased from the dealership or showroom, documentation fees, registration fees, or add-ons which relate to the maintenance or operation of the vehicle, such as electric vehicle charging packages, floor mats, first aid kits, cargo nets, etc.

I’ve already sent an email to them for clarification, but you don’t get a response from the government for at least 2 weeks.

6

“Agreed upon value” is before incentives on a lease contract.

7

Thanks. I would not have known that.

8

Hard to keep track of all the lessors that CJDR dealers use (CCAP, USB, ALLY, Stellantis, etc), do any of them do direct-to-dealer rebates that lower the selling price instead of showing up as a rebate line item?

9

None that i know of

10

Why the interest in the shortest term? In other words, what are you going to do in 24 months?

11

In 2 years I hope that there are more choices for mid-size SUVs that are full EV.

12

Most of the major OEMs have just released their newest EV platforms, especially the midsize crossover segment. There’s no reason to expect the lineups to be significantly different than it is today.

13

seems like a really good deal? is this the altitude package?

14

Blazer, ev5/ev9, electric explorer, fisker ocean, etc. Plenty of mid size suv options coming down the pipe soon.

15

The altitude trim level is a lower trim level only available on the gas gc. The base 4xe is basically a limited.

16

I had preferred to not be so blunt about the OP’s perspective, but it’s just indecision or cold feet. The midsize EV “buyer” who cannot pick something out today and wants to wait a couple years… is going to do the exact same thing in a couple years.

Whatever “game changer” anybody expected in this segment has already happened. In the last couple years we’ve gone from the average person’s perception of “Tesla or nothing” to a relative explosion of choices.

There is no midsize game-changer coming down the pipeline in the next couple years. It, whatever “it” is, is already here.

17

That’s exactly why I’m leasing, indecision and don’t want a commitment. Also 24 months was a cheaper monthly rate than 36 months.

But now that I can’t get that additional $1,500 MA rebate, I don’t know if this is a good lease anymore.

18

Do you know what you want in a car? The thing about the 4xe vehicles is both their all-electric range and their gas MPG are pretty poor.

19

I’ve used this program multiple times in MA and I lease one of these now.

https://mor-ev.org/eligible-vehicles

This is not an eligible vehicle as far as I can tell

You’re better off getting $5k off as a discount from an out of state dealer vs trying to chase that rebate.

You can also get the $1k private offer from the jeep website for more savings.

20

Are we counting the Blazer EV as midsize? Ultium based SUVs priced for the masses may be something close to that, between affordability, range and charging speeds. Then again, GM will probably find a way to mess it up. They are giving Honda the platform too so who knows what they will do with it?