2025 Chevrolet Equinox EV Lease Deals, Incentives, Rebates, and Prices

tampasmoker · July 2

July #'s for the 2025 Equinox EV RS FWD 24/12 in the 33578. Sorry, the Blazer
was too big for the wife.

jkjacob2 · July 2

Can I please have the residual, MF, and incentives for 2025 Equinox EV LT (LT 2) FWD for 24/ 10 in zip 28173? Thank You!

Michaell · July 2

tampasmoker said:
July #'s for the 2025 Equinox EV RS FWD 24/12 in the 33578. Sorry, the Blazer
was too big for the wife.

.00102 and 74%

Michaell · July 2

jkjacob2 said:
Can I please have the residual, MF, and incentives for 2025 Equinox EV LT (LT 2) FWD for 24/ 10 in zip 28173? Thank You!

.00249 MF and 80% residual
No lease incentives

craigMz3 · July 2

kyfdx said:

craigMz3 said:
Hello! Would love to know the MF and RV for both the LT and RS at 36/15.
Zip 94538

LT: .00269 MF and 71% residual
RS: .00149 MF and 65% residual

All drives

+2% or +3% for 12K/10K

Anywhere in CA will be the same

One thing I found today at two Chevy dealerships - they would not use the $7500 Federal Tax Credit upfront to reduce the Cap Cost. They said "That $7500 tax credit is built into the RV % - it doesn't come off the vehicle price with us. Other dealers may do it differently." (I found that true, yes.)

I don't need to put the tax credit towards a higher residual. Back-ending it and having to finance it, is how I saw that.

So I leased an Ioniq 5 SEL RWD.

Michaell · July 2

craigMz3 said:

kyfdx said:

craigMz3 said:
Hello! Would love to know the MF and RV for both the LT and RS at 36/15.
Zip 94538

LT: .00269 MF and 71% residual
RS: .00149 MF and 65% residual

All drives

+2% or +3% for 12K/10K

Anywhere in CA will be the same
One thing I found today at two Chevy dealerships - they would not use the $7500 Federal Tax Credit upfront to reduce the Cap Cost. They said "That $7500 tax credit is built into the RV % - it doesn't come off the vehicle price with us. Other dealers may do it differently." (I found that true, yes.)

I don't need to put the tax credit towards a higher residual. Back-ending it and having to finance it, is how I saw that.

So I leased an Ioniq 5 SEL RWD.

We don't know for sure that GM does this; other members have reported it on various GM EVs (LYRIQ, Silverado EV, etc.)

A higher residual has the same affect as a cap cost reduction (a lower payment), with the benefit that it's not taxed. In CA, 9% (roughly) of $7500 is $675 that comes out of your pocket - or added to the cap cost.

craigMz3 · July 2

Michaell said:

craigMz3 said:

kyfdx said:

craigMz3 said:
Hello! Would love to know the MF and RV for both the LT and RS at 36/15.
Zip 94538

LT: .00269 MF and 71% residual
RS: .00149 MF and 65% residual

All drives

+2% or +3% for 12K/10K

Anywhere in CA will be the same
One thing I found today at two Chevy dealerships - they would not use the $7500 Federal Tax Credit upfront to reduce the Cap Cost. They said "That $7500 tax credit is built into the RV % - it doesn't come off the vehicle price with us. Other dealers may do it differently." (I found that true, yes.)

I don't need to put the tax credit towards a higher residual. Back-ending it and having to finance it, is how I saw that.

So I leased an Ioniq 5 SEL RWD.
We don't know for sure that GM does this; other members have reported it on various GM EVs (LYRIQ, Silverado EV, etc.)

A higher residual has the same affect as a cap cost reduction (a lower payment), with the benefit that it's not taxed. In CA, 9% (roughly) of $7500 is $675 that comes out of your pocket - or added to the cap cost.

Yes, in fact, that's apparently what Hyundai did, too. I looked at the Lease agreement and my RV is much higher than on my worksheet. I told them I wanted $0 drive-off, no down/upfront payment, and my FICO was 649. I don't see any $7500 Fed Tax Credit on this anywhere. This is how they showed the $14,500 Lease cash. (It looks like they did the same thing as Chevy dealer was telling me they would do, except the Chevy dealer told me what they were doing upfront.)

Cap Cost Reduction: 12,692.34
Tax on Cap Cost Reduction 1,300.96
First Monthly Payment 506.70
------------------------------------------------------------
(Total) Rebates & noncash Credit: 14,500.00

Gross Cap Cost: 48,885.00
Cap cost reduction: 12,692.34 ("Lease Cash" less 10.25% local sales tax & first payment financed)
Adjusted Cap cost: 36,192.66
Residual Value: 26,764.40

See, I thought I could take $14,500 lease cash PLUS the $7500 Tax Credit ($22,000 total) off the Gross Cap Cost (vehicle net price) and then calling that ($48,885 - 22,000) $26,885 the Adjusted Cap cost (although I didn't account for the tax) and assessing the .55 RV on that Adjusted number. Nope. That's what Chevy was trying to tell me. No idea where the $7500 Tax credit went. Into the dealer's profit margin I guess. ("Not all incentives/credits are stackable" or some such explanation.)

kyfdx · July 3

craigMz3 said:

Michaell said:

craigMz3 said:

kyfdx said:

craigMz3 said:
Hello! Would love to know the MF and RV for both the LT and RS at 36/15.
Zip 94538

LT: .00269 MF and 71% residual
RS: .00149 MF and 65% residual

All drives

+2% or +3% for 12K/10K

Anywhere in CA will be the same
One thing I found today at two Chevy dealerships - they would not use the $7500 Federal Tax Credit upfront to reduce the Cap Cost. They said "That $7500 tax credit is built into the RV % - it doesn't come off the vehicle price with us. Other dealers may do it differently." (I found that true, yes.)

I don't need to put the tax credit towards a higher residual. Back-ending it and having to finance it, is how I saw that.

So I leased an Ioniq 5 SEL RWD.
We don't know for sure that GM does this; other members have reported it on various GM EVs (LYRIQ, Silverado EV, etc.)

A higher residual has the same affect as a cap cost reduction (a lower payment), with the benefit that it's not taxed. In CA, 9% (roughly) of $7500 is $675 that comes out of your pocket - or added to the cap cost.
Yes, in fact, that's apparently what Hyundai did, too. I looked at the Lease agreement and my RV is much higher than on my worksheet. I told them I wanted $0 drive-off, no down/upfront payment, and my FICO was 649. I don't see any $7500 Fed Tax Credit on this anywhere. This is how they showed the $14,500 Lease cash. (It looks like they did the same thing as Chevy dealer was telling me they would do, except the Chevy dealer told me what they were doing upfront.)

Cap Cost Reduction: 12,692.34
Tax on Cap Cost Reduction 1,300.96
First Monthly Payment 506.70
------------------------------------------------------------
(Total) Rebates & noncash Credit: 14,500.00

Gross Cap Cost: 48,885.00
Cap cost reduction: 12,692.34 ("Lease Cash" less 10.25% local sales tax & first payment financed)
Adjusted Cap cost: 36,192.66
Residual Value: 26,764.40

See, I thought I could take $14,500 lease cash PLUS the $7500 Tax Credit ($22,000 total) off the Gross Cap Cost (vehicle net price) and then calling that ($48,885 - 22,000) $26,885 the Adjusted Cap cost (although I didn't account for the tax) and assessing the .55 RV on that Adjusted number. Nope. That's what Chevy was trying to tell me. No idea where the $7500 Tax credit went. Into the dealer's profit margin I guess. ("Not all incentives/credits are stackable" or some such explanation.)

Dealers can't keep incentives. The tax credits go to the owner of the vehicle. On a lease, that is the leasing bank. Those incentives can be passed along in any manner the manufacturer/bank chooses. (or not)

craigMz3 · July 3

kyfdx said:
Dealers can't keep incentives. The tax credits go to the owner of the vehicle. On a lease, that is the leasing bank. Those incentives can be passed along in any manner the manufacturer/bank chooses. (or not)

Thank you, right. You're very helpful. So for leases, it is a commercial buyer who gets the credit, to whom the income restrictions do not apply. It was intended for use as a income-restriction "workaround" to get more EVs on the road. But not all lessees may benefit from it, if their vehicle mfr doesn't feel they need to "recognize" it at the point of sale to move enough vehicles off the lots.

So the manufacturer knows upfront that they are getting this $7500 back in 72 hours, and the consumer should know that when leasing, the credit doesn't exist for the consumer but rather for the dealer/mfr (on eligible VIN) if they need to use it for marketing/sales purposes.

Basically the $7500 clean vehicle credit only applies to actual consumers for tax purposes if they buy, not if they lease.

If I had realized this, I would have used the $7500 clean vehicle credit as a negotiating tool simply to lower the gross capitalized cost (vehicle price you're starting with). Meaning, my starting point for price for a lease would have been MSRP less $7500, because the mfr/lease-owner gets that in 3 days from the IRS, and that is not including any money upfront from the consumer and any other incentives being offered.

So for Equinox RS, even if there are no incentives being offered, you could walk into the dealer and ask for the $7500 "tax credit" (which they will get on a lease) to be applied to reduce your cap cost, and see what they say.

Do I have it right, now?

kyfdx · July 3

craigMz3 said:

kyfdx said:
Dealers can't keep incentives. The tax credits go to the owner of the vehicle. On a lease, that is the leasing bank. Those incentives can be passed along in any manner the manufacturer/bank chooses. (or not)
Thank you, that is true. For leases, it is a commercial buyer to whom the income restrictions do not apply.

So the manufacturer knows upfront that they are getting this $7500 back in 72 hours, and the consumer should know that when leasing, the credit doesn't exist for the consumer but rather for the dealer/mfr (on eligible VIN) if they need to use it for marketing/sales purposes.

Basically the $7500 clean vehicle credit only applies to consumers for tax purposes if they buy, not if they lease.

If I had realized this, I would have used the $7500 clean vehicle credit as a negotiating tool simply to lower the gross capitalized cost (vehicle price you're starting with). Meaning, my starting point for price for a lease should be MSRP less $7500, because the dealer gets that in 3 days, before any money upfront from the consumer and any "lease cash" being offered. Do I have it right, now?

The dealer does not get the money. They aren't the owner of the vehicle. The leasing bank gets the money. The incentive to the consumer is whatever they say it is.

LP2021 · July 3

Hi can I get the incentives MF RD on a 2025 Blazer EV RS RWD and the Equinox EV RS RWD for 36/12k and 36/15K for 33321

Michaell · July 3

LP2021 said:
Hi can I get the incentives MF RD on a 2025 Blazer EV RS RWD and the Equinox EV RS RWD for 36/12k and 36/15K for 33321

Equinox
36/15
.00149 MF and 65% RV
No lease incentives

Post Blazer EV questions in the appropriate discussion

grocery · July 3

hi, can i get residual, money factor, and incentives for July for 63376 for 2025 equinox ev FWD 2LT 24/10. thank you! this would be for a one pay lease

kyfdx · July 3

grocery said:
hi, can i get residual, money factor, and incentives for July for 63376 for 2025 equinox ev FWD 2LT 24/10. thank you! this would be for a one pay lease

.00249 MF and 80% residual
No lease incentives

Deduct .00042 for one-pay

whataday2 · July 3

Can I please get the lease numbers for 2025 Equinox EV LT1 FWD & LT2 FWD?
24/10k
Rebates/Incentives?
85004

kyfdx · July 3

whataday2 said:
Can I please get the lease numbers for 2025 Equinox EV LT1 FWD & LT2 FWD?
24/10k
Rebates/Incentives?
85004

.00249 MF and 80% residual
No incentive info

Either trim

luiginho · July 9

Hello

Can I please get the lease numbers for 2025 Equinox EV LT1 FWD & LT2 AWD?
24/15k
24/12k
Rebates/Incentives?
Zip 48315

kyfdx · July 9

luiginho said:
Hello

Can I please get the lease numbers for 2025 Equinox EV LT1 FWD & LT2 AWD?

24/15k

24/12k

Rebates/Incentives?

Zip 48315

24/15
.00249 MF and 78% residual
No lease incentives

+1% for 12K/yr

Cedric0045 · July 10

Hello

Can I please get the lease numbers for 2025 Equinox EV LT1 FWD & LT2 AWD?

24/15k

Rebates/Incentives?

Zip 75227

Michaell · July 10

Cedric0045 said:
Hello

Can I please get the lease numbers for 2025 Equinox EV LT1 FWD & LT2 AWD?

24/15k

Rebates/Incentives?

Zip 75227

.00249 MF and 78% residual
No lease incentives

Either trim

ChRy123 · July 11

Can I please get the MF and Residule for a 1LT FWD 24/10k 48073

kyfdx · July 11

ChRy123 said:
Can I please get the MF and Residule for a 1LT FWD 24/10k 48073

.00249 MF and 80% residual

tholz822 · July 11

Hi can I get the incentives and the MF on Equinox EV RS AWD for 36/12k and 27/12k for 55066?

thanks!!

Michaell · July 11

tholz822 said:
Hi can I get the incentives and the MF on Equinox EV RS AWD for 36/12k and 27/12k for 55066?

thanks!!

.00149 MF and 67% residual
.00102 MF and 72% residual
No lease incentives

Pkray21 · July 12

Hi,

Can I get MF, RV, Incentives

Equinox EV RS eAWD

24/12k

60139

Michaell · July 12

Pkray21 said:
Hi,

Can I get MF, RV, Incentives

Equinox EV RS eAWD

24/12k

60139

.00102 MF and 74% RV
No lease incentives

Cedric0045 · July 14

Michaell said:

Cedric0045 said:
Hello

Can I please get the lease numbers for 2025 Equinox EV LT1 FWD & LT2 AWD?

24/15k

Rebates/Incentives?

Zip 75227

.00249 MF and 78% residual
No lease incentives

Either trim

Can you tell me the 36/15k also? Thank you.

kyfdx · July 14

Cedric0045 said:

Michaell said:

Cedric0045 said:
Hello

Can I please get the lease numbers for 2025 Equinox EV LT1 FWD & LT2 AWD?

24/15k

Rebates/Incentives?

Zip 75227

.00249 MF and 78% residual
No lease incentives

Either trim
Can you tell me the 36/15k also? Thank you.

.00269 MF and 71% residual

either trim

Amachson · July 16

Can I please get the MF, RV and incentives for 2025 Equinox EV LT. Looking for 24/10k and 36/10k for 02130. Thank you.

kyfdx · July 16

Amachson said:
Can I please get the MF, RV and incentives for 2025 Equinox EV LT. Looking for 24/10k and 36/10k for 02130. Thank you.

.00249 MF and 80% residual
.00269 MF and 74% residual

No lease incentives

Izzycous · July 16

May I please get the MF, RV for 2025 Equinox EV LT and EV RS FWD

24/12k
36/12k

zipcode: 32708

If its one-pay what would be the MF. Thank you!

Michaell · July 16

Izzycous said:
May I please get the MF, RV for 2025 Equinox EV LT and EV RS FWD

24/12k
36/12k

zipcode: 32708

If its one-pay what would be the MF. Thank you!

LT
.00248 and 79%
.00225 and 71%

RS
.00125 and 74%
.00106 and 65%

Same discounts for all of GM - .00042 for 24 months, .00073 for 36 months

adnanrahat · July 17

What's the money factor and residual value for 24/10 36/10 for the LT and RS trim? Zip code 98103. Is there any incentive or lease credit? Thanks a lot for the help!

adnanrahat · July 17

adnanrahat said:
What's the money factor and residual value for 24/10 36/10 for the LT and RS trim? Zip code 98103. Is there any incentive or lease credit? Thanks a lot for the help!

Also is there any benefit for 1 pay lease?

kyfdx · July 17

adnanrahat said:

adnanrahat said:
What's the money factor and residual value for 24/10 36/10 for the LT and RS trim? Zip code 98103. Is there any incentive or lease credit? Thanks a lot for the help!
Also is there any benefit for 1 pay lease?

LT
.00248 and 80%
.00225 and 72%

RS
.00125 and 75%
.00106 and 66%

One pay MF reduction: - .00042 for 24 months, .00073 for 36 months

bazence · July 18

Hi, can you please share the MF, residual, and lease deals for:
1. 2025 LT and LT2, RWD for both
2. 24mo, 10k
3. Zip codes 14615 and 11375

Huge thanks

Michaell · July 18

bazence said:
Hi, can you please share the MF, residual, and lease deals for:

1. 2025 LT and LT2, RWD for both

2. 24mo, 10k

3. Zip codes 14615 and 11375

Huge thanks

.00249 MF and 80% RV
$1750 incentive on LT2 only

Rmoh1972 · July 19

Can I have the latest July MF, RV, and incentives for 2025 Equinox EV FWD LT1 for 24 Month /10k or 24 Month 12 K - Zip Code - 27519

Rmoh1972 · July 19

Can I have the latest July MF, RV, and incentives for 2025 Equinox EV FWD RS for 24 Month /10k or 24 Month 12 K - Zip Code - 27519

kyfdx · July 19

Rmoh1972 said:
Can I have the latest July MF, RV, and incentives for 2025 Equinox EV FWD LT1 for 24 Month /10k or 24 Month 12 K - Zip Code - 27519

24/12
.00249 MF and 79% residual

Minifan92 · July 19

Could I please get the MF RV and incentives for 2025 Equinox EV 1LT for 24/10 zip 53221

kyfdx · July 19

Minifan92 said:
Could I please get the MF RV and incentives for 2025 Equinox EV 1LT for 24/10 zip 53221

.00249 MF and 80% residual
No lease incentives

John13333e · 4:04PM

Hello what are residual and MF for one pay on Equinox 2LT and RS for 24 months 10k miles and 36m 10k miles

John13333e · 4:05PM

Hello what are residual and MF for one pay on Equinox 2LT and RS for 24 months 10k miles and 36m 10k miles

For 85286

Michaell · 6:00PM

John13333e said:
Hello what are residual and MF for one pay on Equinox 2LT and RS for 24 months 10k miles and 36m 10k miles

For 85286

2LT
.00249 and 80%
.00269 and 74%

RS
.00102 and 75%
.00149 and 68%

No lease incentives

One pay deduct
.00042 for 24 months
.00073 for 36 months

2025 Chevrolet Equinox EV Lease Deals, Incentives, Rebates, and Prices

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