Wondering if anyone has a list compiled of companies that are still offering EV cash bonus/allowance. I assume it’s pretty short.
I know that Volvo still is offering it on the EX90/PHEV.
Any of these other companies still doing so? BMW, MB, Audi, Genesis?
Updated: looks like Volvo, BMW, and Polestar are the three main companies offering the $7500.
Polestar is through the EOY
BMW on i models.
GM brands were offering $6500 as lease abatement as of last month. Not sure of Nov.
That is gone - ended 10/31
Thanks- is there an end date we are aware of? I’m trying to negotiate an iX loaner but the sales manager is not budging. Trying to see how long I have.
Is Volvo through EOY as well?
This one line item doesn’t mean much by itself.
Before 9/30 inventory was plentiful as was massive amounts of lease cash well in excess off the $7,500. Discounts and lease cash combined exceeded $20k on some $55k EVs.
So unless you’re achieving the same savings along with pre-9/30 RV and MF then you’re not getting the same payment.
I’m aware. To provide a bit more info, I am trying to work on deals for a demo iX and demo Volvo EX90. The demo iX is well in the range of pre 9/30 deals. It’s a one-off. The EX90- with the 7500, I would qualify for 19k in incentives. Using the 19% off a demo reported here in October as a goal, I would also be within range/better than 9/30 deals. To be clear, I know the 19% is a lot and difficult to accomplish, but I’ve leased two Volvos in last three years and been able to pull off some good deals with the local dealer.
So really I am just trying to find out how long I have until I need to pull the trigger. I have a lease ending 12-16 which is my absolute deadline, but want to know if waiting until December would put me in a bad situation.
Nobody can answer that.
They are not
No reason for them to budge, BMW is holding rebates for cars that were made loaners before 9/30. He has the leverage, not you.
Thanks everyone. Looks like my options are limited.
As a follow up- I ended up just going ahead with the demo IX with the local dealership.
Not as great of a deal as I was hoping for, but didn’t want to go for a 3rd Volvo in 3 years.
Calculator difficult to be accurate, but it’s $750 per month with only 1st month payment due at signing. They have some mandatory flex protect that got rolled into the sale price, which was about 28% off.
Great topic! maybe a good idea to edit your main post and add the list of brands so others can benefit and avoid asking the same thing in threads and posts.
It’s pointless to focus on just one line item (see my comment above).
Anyone who wants to know what might be hackable needs to keep tabs on Marketplace and Signed Deals & Tips instead