Is it worth going for 2024?

Ask the Hackrs Buy/Finance
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Hi, I’m looking to take advantage of the Chevy EV deals. A dealer has offered me a Blazer EV 2024 RS AWD Launch Edition at a heavy discount and I would like to ask you guys if I’m doing the right thing.

First the numbers…

MSRP 54,595
Dealer discount 10,000
500 licence fee (Not sure if this line is taxable, he says my tag is included)
500 electronic filing fee
1,000 dealer fee
Tax just under 3,000
Incentives…
7,500 he said was available against the 2024 model, I guess Ultium Promise?:person_shrugging:t2:
7,500 tax credit
3,500 customer cash
1,250 Costco
500 Educator
Total incentives 20,250
Out the door 29,500

Dealer is offering a little over 7,000 discount on 2025 Blazer EV’s, so the difference seems to be $2,700 plus the $7,500, for a total discount of $10,200 on the 2024 over the 2025. Crucially, he’s offering me GM’s 0% APR and the $3,500 customer cash, which I’ve been told is not stackable. Seems like a great deal to me. Am I correct? Do I have to wonder why it’s still on his lot, especially considering how motivated he seems to be to move it?

I know I can get another 500 off for the GM card. Am I missing anything else? I only have 1 other car in the household, a 2022 Bolt EV, which I own.

Window sticker HERE

The Blazer has some minor damage, a small dent at the front of the hood and paint damage on the white strip below the bowtie. Looks like someone hit another car or lightly lightly kissed a post, which he said he’ll repair before I pick it up.

He told me he was going to charge it overnight for me to test drive this morning. This morning he told me service was looking at it because it didn’t charge. Then he said the charger was faulty, so he’s moving it to another charger. When I got there this evening it only has 12%. Considering the problems with the early models SEE HERE, should I be concerned that the car has a charging issue?

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Purchasing an electric car, and a gm of all things, my answer would be no. I would pass. Then the damage and the issues. Nope lol.

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Ll Cool J Running GIF by ION

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Can this be leased? If they can heavily discount it and offer the rebates, might make it a good deal

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Take your heart and emotion out of it and try to look at it objectively. Its an almost 2 year old EV with body damage and charging faults that you want to purchase outright. Unless you have the best lemon law attorney in the world (cc: @jaxon) just pay the $2700 extra for a 2025 without flagrant issues (and who knows what kind of hidden ones)

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Lease a brand new Equinox or Blazer from the Marketplace

Bolt ownership makes you eligible for a nice incentive on top of all the rest.

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Interesting. They don’t seem to have lease deals on their site but will certainly ask.

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No heart, I’m not dead set on this vehicle, was just wondering if it was a good enough deal.

Sorry if I wasn’t clear… The difference between 2024 and 2025 is $10,200. So under $30k out the door.

Point taken though. Consensus seems to be it’s a bad idea.

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Your money your choice, but I feel like it’ll leave a sour taste in my mouth if I were to buy it. Even from a financial perspective, there are so many cheap EV leases, chevy included, that can be had without worrying about the potential consequences of the body damage and charging issues that potentially comes with this one.

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Definitely open to an Equinox, both work for my small family. Maybe I’m not good at searching but I went through this and can’t find any recently posted deals on Chevy EV’s.

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I think if they would knock another $10k off the OOD price, maybe. But as others have mentioned there are some disadvantages of buying this car:

  • Buying new means eating a ton of depreciation (especially EV)
  • EV tech is advancing every year; this “new” one is already two years old
  • Damage should mean much more discount, IMO
  • The charging issues (if they were indeed the charger and not the car) are probably a nothing-burger, but I’d want to make sure it comes with a solid warranty for stuff like that

I like @zwz002’s idea to offer to lease it, though. Put together a calculator with the info you have along with another huge cap cost reduction and offer that to the dealer to see what they say. Make sure you emphasize all the disadvantages so they know you know what’s up.

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Filter to Chevrolet to find them.

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Click on Topics tagged marketplace & FL

And look at Chevy, Hyundai, Lexus, Honda/Acura, etc.

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Stay away from it. You can get a solid used Prologue/Ariya/Ioniq 5 for around $28,000.

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Another $10k, so asking to get it for out the door for under $20k?

Thanks, yes, definitely going to look into a lease. Seems a safer bet for all the reasons you listed.

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This is a horrible strategy. Dealer websites are useless and you should never be asking them if there are deals available.

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Fascinating! How is everyone a GM supplier?? Haha
Thanks, definitely changes the conversation.

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The dealer said he can’t lease a 2024, would have to be a 2025, so not as heavy on the incentives.

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Having read through the leasing forum, I see that. I am meant to put the deal together and present it to the dealer. Thanks

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Out the door? If not then with dealer fee and tax you’re over $30k. Also have to take the 0% into account. I have good credit but it’s still worth a few thousand. I’m not saying I should buy this car, I’m just not sure a used solid car is like for like comparison financially.