Help with this: GV70 EV

Ask the Hackrs
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1

Newbie here, so be nice please.

GV70 EV, Demo car with 2.5k miles on it.

$76.8k car. Discounted to $66.8k. $16k in rebates (somehow only the 24 month has 16,250) and incentives. So effectively 50.8
12k miles.

24 month has .00257 MF, and 56% residual
33 month has .00291 MF, and 53% residual

They are also being vague about taxes and fees etc which is not great. I’m not doing anything without that information, obviously.

24 month: $0 DAS, 821 /month
33 month: $0 DAS, 778 /month

I dont understand what they are doing with the MF and residual, or the payments really.

I guess im just getting a sanity check here?

2

Welcome to LH.
They know what they do. LOL
They are trying to maximize the profit as much as possible.

Stop asking for a quote.
Educate yourself and send them your offer or see the offers at the marketplace.
You should definitely reach out to the brokers and dealers from the link below.

https://forum.leasehackr.com/tags/intersection/marketplace/NY/Genesis

1 Like
3

Please read the post above me by @Zenek .
RV: set by the bank and can’t be touched
MF: set by the bank but dealers inflate–how do you know what its suppose to be? Be a supporter of the site and get access to rate findr or go to edmunds and request it.
-look at the Marketplace and see whats being offered by broker (s).
-take a moment to read the intro to leasing. it will save you a lot of money in the future :slight_smile:

4

You don’t need the dealer to estimate those. You know your tax rate (or can easily look it up).

Also

https://process.dmv.ny.gov/regfeecalc/

You can (and should) gather everything you need to construct an offer on your own.

5

there are better ev options out there, for far less of a price. i used to sell a ton of these gv70 evs. haven’t done one in months - the ps3, audi, etc, all offer better options.

6

:100:

It doesn’t really matter what Jedi hackr strategies you want to apply if you’re picking the wrong car.

7

Just my opinion obviously, but I think the EV GV70 is a much better looking car compared to the others. Not sure about performance

8

For what OP is being quoted he could probably swing a Cadillac Vistiq, which is a lot to go up against.

9

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