How’s this one-pay lease deal for 2025 Chevy Equinox EV RS FWD with panoramic sunroof option for 36 months and 12,000 miles/year:
MSRP: $46,940
Selling Price: $40,940
Money Factor: 0.00044
Residual Value: 67% or $31,450
Rebate: $1500 GM Conquest Non-GM Owner
Dealer Fee: $900
Tax for Georgia levied upfront: $701.92
Total One Pay including all taxes and fees: $10,741
Entered my numbers in the calculator here: (Leasehackr Calculator - Hack your next lease | Leasehackr)
Dealer discount is very strong imo
Try to see if you qualify for any other rebates Supplier-$1000 Student/Educator/Healthcare- $500
Also if you currently have a lease in the house you get another $1000 off
GM Card sign up $500
As a side note the 2LT with evotex seating has an additional $1750 in CCR on similar msrp if this dealer has one in stock.
Ask them to price out 24 months and see if the monthly rate is significantly better. The best deals we’ve seen have been on a 24mo when there are more rebates and incentives (since you’re taking those over a shorter term). The residual should adjust with the 24 vs. 36, but the rebates are fixed, so if the deal is “rebate” heavy, taking it over 24months might be cheaper.
For 24 months they quoted: $7656 for one pay lease all inclusive
You can probably get similar pricing on a Blazer or maybe even a Honda Passport. It’s not terrible and the dealer discount is solid. We’re all used to seeing cheaper Equinox deals due to Costco, Supplier, and Loyalty rebates.
Find a 2LT for the extra $1750 rebate.