Are you shopping for a new vehicle and having trouble finding one, or have you been waiting a long time for a factory order? A reporter would like to speak with you; please reach out to [email protected] by Tues. 5/11 for more details.

Sale Price 2020 Silverado 1500 LT Trail Boss

MrSkunksMrSkunks Member Posts: 4
edited November 2019 in Chevrolet
Confused on how the whole leasing system works with Chevy.

Dealer has a LT Trail Boss with an MSRP of ~55k. The dealer is giving a discount of ~$8,000 online, plus any promotions you qualify for. Since it seems that none apply for a Lease, sale price is around ~46k.

So I call the dealer, ask what sale price is, he tells me for cash its $41,000. I say ok but I'm leasing and he tells me sale price is irrelevant. I know this is not true and ask him can he confirm that sale price would be around 46k. He said yes but lease price would be in the middle 500s with like 2000 down.

I explain that this doesn't make sense, that would make sale price like ~50k or more. He says the dealer discount is only for purchase.

I'm not sure how this makes sense because the dealer discount is something the dealer removes off the MSRP and eats. Why are they willing to eat this when its a purchase but not a lease? Are they just trying to make significantly more money?

And yes I understand some offers don't apply to lease, but I'm not including that.

Comments

  • kyfdxkyfdx Moderator Posts: 187,525
    MrSkunks said:

    Confused on how the whole leasing system works with Chevy.

    Dealer has a LT Trail Boss with an MSRP of ~55k. The dealer is giving a discount of ~$8,000 online, plus any promotions you qualify for. Since it seems that none apply for a Lease, sale price is around ~46k.

    So I call the dealer, ask what sale price is, he tells me for cash its $41,000. I say ok but I'm leasing and he tells me sale price is irrelevant. I know this is not true and ask him can he confirm that sale price would be around 46k. He said yes but lease price would be in the middle 500s with like 2000 down.

    I explain that this doesn't make sense, that would make sale price like ~50k or more. He says the dealer discount is only for purchase.

    I'm not sure how this makes sense because the dealer discount is something the dealer removes off the MSRP and eats. Why are they willing to eat this when its a purchase but not a lease? Are they just trying to make significantly more money?

    And yes I understand some offers don't apply to lease, but I'm not including that.

    I agree.. the dealer's numbers don't make sense.

    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

Sign In or Register to comment.