if I have a GMS code, what is the discount? I have read things like 9-10%, or don’t bother negotiating, just tell them and you get the invoice pricing plus current rebates. If for example I chose a Yukon Denali with a MSRP of $75,875 and price of $63,490. How could I determine the invoice price?
if I have a GMS code, what is the discount? I have read things like 9-10%, or don’t bother negotiating, just tell them and you get the invoice pricing plus current rebates. If for example I chose a Yukon Denali with a MSRP of $75,875 and price of $63,490. How could I determine the invoice price?
No information on the Supplier code, or what it does to the pricing.
Can a dealer mess with the residual and money factor numbers?
I called a dealer to get a quote on a 36mo 10k Yukon SLT lease.
slt had
open road package
trailer package
slt premium package
incentives I qualify for:
conquest $1000 (I see online it is $1500) own a VW Touareg.
See two lease bonus offers (do I get both?) from GM
$1750
$1000
lease loyalty
$2000 - currently lease an 16 Acadia SLT
msrp 66,570
dealer said he took off $3,000
incentives he calculated was $4750
sticker price - $58,820
residual -54% (you told me 56%)
MF - .00198 (you told me .00179)
0 down 36mo x 10k
$874/mo plus tax
He told me the residual is 54% and the money factor is .00198 both of which are higher than what you provided me earlier this week which obviously affect the payment.
First dealer I contacted but most likely will be shopping elsewhere.
This dealer is stating that every vehicle residual and MF are different even within the SLT lines because of the different features one may or may not have.
Is that true? I see they change between SLE, SLT, Denali trims but thought they stayed the same within each Trim regardless of optional features added.
But does GM require all dealers to follow the same policy where the only difference in the SLT line is between the 2 wheel and 4 wheel drive? Or can the dealer set its own values for residual and MF within the SLT line, or Denali, etc.?
Also, is the conquest incentive of $1500 still valid? At first the sales manager says it was. Now he is saying it is no longer valid but Edmunds shows it under the lease incentive option still.
Comments
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Tahoe - .00213 and 54% (LT) or 50% (Premier); $2000 incentive
Yukon
SLT - .00179 and 56%
Denali - .00215 and 58%
$1750 incentive
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
If for example I chose a Yukon Denali with a MSRP of $75,875 and price of $63,490. How could I determine the invoice price?
Use this link for some additional information:
https://www.edmunds.com/tmv.html
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Can a dealer mess with the residual and money factor numbers?
I called a dealer to get a quote on a 36mo 10k Yukon SLT lease.
slt had
open road package
trailer package
slt premium package
incentives I qualify for:
conquest $1000 (I see online it is $1500) own a VW Touareg.
See two lease bonus offers (do I get both?) from GM
$1750
$1000
lease loyalty
$2000 - currently lease an 16 Acadia SLT
msrp 66,570
dealer said he took off $3,000
incentives he calculated was $4750
sticker price - $58,820
residual -54% (you told me 56%)
MF - .00198 (you told me .00179)
0 down 36mo x 10k
$874/mo plus tax
He told me the residual is 54% and the money factor is .00198 both of which are higher than what you provided me earlier this week which obviously affect the payment.
First dealer I contacted but most likely will be shopping elsewhere.
SLT 2WD. 36/10: .00179 MF and 57% residual
Total Cash of $2750 includes:
$1000 GM Select Market Incremental CCR Program exp. 07/01/2019
$1750 GM Select Market Incremental CCR Program exp. 07/01/2019
(note: You asked for 36/12 the first time)
4WD numbers are different.
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Thanks. I asked for 10k and 12k on OP. 2wd only.
This dealer is stating that every vehicle residual and MF are different even within the SLT lines because of the different features one may or may not have.
Is that true? I see they change between SLE, SLT, Denali trims but thought they stayed the same within each Trim regardless of optional features added.
On SLTs, we only show a difference between 2WD and 4WD.
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Gotcha.
But does GM require all dealers to follow the same policy where the only difference in the SLT line is between the 2 wheel and 4 wheel drive? Or can the dealer set its own values for residual and MF within the SLT line, or Denali, etc.?
Also, is the conquest incentive of $1500 still valid? At first the sales manager says it was. Now he is saying it is no longer valid but Edmunds shows it under the lease incentive option still.
The residual is set by the bank, and the dealer is not allowed to alter it.
The base MF (which we quote) is also set by the bank, but the dealer can mark it up for extra profit.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
What are the Denali Residual & MF for 36mo 10k 2wheel drive?
.00215 and 59%
$1750 incentive
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
36/12
Tahoe - .00213 and 54% (LT) or 50% (Premier); $2000 incentive
What are the numbers for 36/10 on the LT 4x2?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Did the Residual and MF change now that the current lease incentives expired on 7/1?
What is your location?
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4x2
36mo 10k
South florida
$1750 incentives
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Denali: .00215 MF and 61% residual. $1750 customer incentive
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