Help with Equinox EV Estimates

Ask the Hackrs
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1

Editted: Numbers and incentives tightened. Any errors?

Coming back to the pros here to maybe get a 2nd EV in the last month. Any help greatly appreciated

tl;dr questions:

  • Updated: Help with [calculator]CALCULATOR | LEASEHACKR), Is this accurate?
  • Are the chevy manufacturer incentives/cash taxable?
  • Anybody have a great dealer in the MA area to recommend?

Looking at Equinox EV RS AWD

  • MSRP 51,290
  • Selling price: 48,726 / 10% off (guessed)
  • Term: 36M / 12K (Need 36 month lease to get MA 3,500 MorEV credit)
  • Residual: 66% (from recent signed deals)
  • Money Factor: .0.00059167 / 1.42%
  • Dealer fees: 899

Incentives:

  • 3,500 MA State
  • 1,500 Conquest for 2010 or newer non GM car
  • 1,000 lease loyalty
  • 1,000 supplier discount

Total incentives

  • 7,000
2

This doesnt exist for the GM products.

The best place to start is signing up as a super supporter so you can gather the current rv/mf/incentives. Without having accurate information here, your calc results are no good.

3

Thank you! I updated the calculator removing 7500 and took MF and RV from a very recent deal in NJ. Not as compelling as I would like.

Anyone see obvious issues in the parameters?

4

There are some instances where the 24m is so much cheaper that it makes sense to forego the 36m MOREV. Check sub 36m durations always