Initial offer for Equinox LT Indiana

Ask the Hackrs
1

I got this offer on an Equinox LT, but it seems high. The dealer discount looks to be about 3%. Money factor looks right according to Edmunds forums. Rebates look right and include competitive lease conquest. Drive offs are first month and taxes on the rebates. What should my target be for dealer discount? I’d like to get the payment at least under $250/month. It’s for 24/15k year. Thanks.

Here is a breakdown of all the numbers.

$31,770 MSRP
$30,678.75 Sale price
$4,600- Rebates
$26,078.75 After Rebates
$700 due at signing
$343.80/Mo includes taxes
.00103 Money Factor
$20,332.80 Residual
$199 Doc
$35 Title
$1.25 Indiana tire tax

2

which model year 2017 or 18?

3

It’s a 2017 model. They have several.

4

Plus AWD or FWD plus 1 Lt or 2LT. Seems high. You can easily get 7% or more off in sale price

2 Likes
5

I know it’s FWD, but I’m not sure if it’s a 1LT or 2LT. I’ll get some clarification. Thanks.