SIGNED: 2024 HUMMER SUV 2X $370/month 24/10K CTP Zero Due At Signing

,

Got this in mid June. CTP unit with 300 miles

$109XXX MSRP 2X SUV
Discount: $23,500 from MSRP, roughly 22%
Incentives: GM Supplier $2000, Costco $1250, CTP $3000
24 months, 10K miles/year.
Full tax credits. 1.2% L&M fee in lieu of taxes
Zero Down, and 1st payment waiver. True zero due at signing. Full tax credits.
23 payment left at signing. $379/month. However, got a $216 check back for dealer for the negative depreciation which makes my effective payment $370/month.

If i did one-pay it would have been ~$5400 which would have come out to ~$220/month. I decided to keep the money in pocket and just drive as-is.

I went in there targeting to have gross cap = residual before my incentives with buyrate MF. They practically said get out and wouldnt do that deal so i did get a check back from them for some of the negative depreciation. lol

Decent deal.

12 Likes

Decent? It’s amazing.

Amazing would have been $378 payment with $4K check back to me.
Thats why i call this somewhere between fair and good…hence, decent.

I was trying to get $26K discount from MSRP before incentives.

1 Like

Go out of state you won’t have the sales tax credit it will instantly add $4k to the payment

Wait what, parking $5,400 with GMF for two years would have saved you $150x24=$3,600 tax-free and you didn’t like the ROI?

Congrats on the deal otherwise

3 Likes

You would have to roll the dice on whether or not the dealer would, or knew how to do a One Pay though.

That’s exactly the deal I’m trying to get with the Silverado EV RST, but no dealer will get anywhere close to 20% off, even for units with 4k miles on the odometer.

What’s highest discount you’ve received thus far? I’m looking at the GMC versions right now, but a couple local dealers are flush with RST’s so might check those out as well.

Around 10%, which is crazy compared to the 20+% some have gotten.

Even the deal on the 25 LT posted earlier this week was around 15%!

1 Like

Does the Silverado have similar rebates to the Hummers? I need a new truck and the Lightnings don’t really seem to be in play any longer.

Does anyone know the MF/RV for 24/10 in FL, 34787 both for 2x pickup and 3x pickup?

Could you share the calculator please?

At a similar discount the Silverado fares a better deal I believe.

If i was after the hummer truck i would have eaily been mid to high 200’s before one pay at the same deal structure.

How do you get the GM supplier?

Also, was the CTP 3000 in addition to 23,500?

You can get them if you know someone working in GM or buy them from Reddit or some brokers can hook you up with it