$7500 Tax Credit VS Ultium Promise Bonus Cash$7500

360mk2360mk2 Member Posts: 18
edited September 2024 in Chevrolet
I'm looking at multiple Blazer EV eAWD and have a couple that have Ultium Promise cash and others with the federal tax credit.

How can they be used? one dealer told me that the 7500 gets added to the residual. is this correct?

Is there an advantage to either one?

The residual is 75%.

is it as simple as adding 7500 to the residual?

Sorry for all the questions. I have very little trust in everyone i'm dealing with .
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  • MichaellMichaell Moderator Posts: 259,657

    We don’t have any definitive information.

    We do know we don’t see the $7500 as a known incentive.

    Other members have reported the $7500 being added to the calculated residual, but we can’t confirm that.

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  • 360mk2360mk2 Member Posts: 18
    I spoke with multiple dealers yesterday they all said the same thing about it going to the residual.
  • hipoporayhipoporay Member Posts: 28
    What does that mean? Residuals already inc $7500? Or we calculate the residuals and then edd another $7500?
  • kyfdxkyfdx Moderator Posts: 261,821
    hipoporay said:

    What does that mean? Residuals already inc $7500? Or we calculate the residuals and then edd another $7500?

    The second one

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