Not the greatest deal, but in this “climate” I think I did pretty good. Especially since I didn’t have the magic combo of rebates for a Lyriq, Equinox, or XC90 deal. One of the few gas, non-EV deals out there I think attainable without any qualifying rebates. This was all dealer discount baby, old school!
Location - Chicago western suburbs
MSRP - 32,016
Sell price - 26,193 (18% off - may include lease dealer cash that is out there)
MF - 0.00014
Term - 36 month, 10k mi/yr
Residual - 55%
Payment - 299.00
Taxes/fees/reg/doc - 7.25% + 351 tags + 358 doc + 699 acquisition fee
DAS - 299.00 (1st only), contract shows 351 cash and 299 rebate (must be Sign Then Drive promo) but I only paid 299 on a credit card when signing
Fun little SUV! Basically cast a wide net emailed about 15 dealers yesterday and this AM. This was most responsive and 1 of 3 that wanted to play ball with my proposal. I was actually committed to another dealer at 320 with 0 OOP, but then when confirming they said actually 3k in taxes/tags/fees would be due when signing. May be replicable as there are lots of 24 Taos sitting on the lots.
This feels like a good lease-to-own arrangement. $300/mo at (essentially) 0% APR to see if you want to buy the thing for 17,608 in three years. I’m seeing 3 year old taoses in this trim go in the 18500-20000 range, so this low residual value should make for an attractive buy-out if you wind up liking it.
I understand the Taos line had some issues in years past, but I’d hope most of those issues have been sorted out by the '24 model year.
Yes this one was 150+ days. They had about 30 more 2024 Taos on the lot so I assume they are wanting to get rid of more. One dealer I shopped had 65 on the lot yikes!!
It looks like the 2025s are rolling out so I can see why dealers are making deals on 2024 for EOY model closeouts. Nice! I think I may need to shift direction. How is the ride quality and cabin noise?
