Reasonable to think…yes. Likely to happen…maybe. Again, depends on how aggressive a dealer wants to be. As a data point, and I don’t have the numbers in front of me, I got a base XT5 AWD for my wife that had a little over 2k on the clock. 45k MSRP, 302/mo with 0 OOP, including eating 1500 in 6 remaining payments on an Equinox the wife hated. The car was on the lot for a year, in service as a loaner for 6 months. Last one available at the time. They were in the hole about 5k on that one IIRC from memory, but were also chasing the quota. It also helped I had another offer for a similar car that sold before I could say yes, because their initial offer was pretty laughable.
If you purchase them back, it’s $0.20/mile at inception vs paying $0.25/mile when grounding it.
Yeah that sounds like a pretty awesome deal. The last few dealerships I’ve contacted weren’t playing ball, at all, as if there’s no desire to move any vehicles. I was quoted a payment of $781 on an XT5 with an MSRP of about 50k. I didn’t even bother responding to that. I figured the salesmen was either not interested in working that day, or the kind of person I had no interest in doing business with.
The likelihood of me going over 5k miles a year is slim to none. Nice to know there is something else I can maybe use as a bargaining chip that I hadn’t considered.
