Leasehackr has a screaming deal on a 2016 Chevrolet Cruze Restricted (the old physique style) 1LT Automatic if:
1) You can sell it for much more than $ 13,000 soon after two years
2) You are had been a Costco Auto member prior to Sept. 30
3) You can get $ 1,800 off of MSRP, or thereabouts
4) Max incentives
five) You are a existing lessee of another automaker
six) You don’t thoughts driving a Chevrolet Cruze Restricted 1LT Automatic for two years.
If you ticked every 1 of those boxes, congratulations! You can lease a 2016 Chevrolet Cruze for $ 40 or less*** per month for 24 months.
The math breaks down as such, according to Leasehackr:
- GM Financial Lease Cash — $ 1,700
- Incremental Bonus Client Money — $ 1,075 (not obtainable in some locations, including Denver)
- Chevrolet Bonus Cash — $ 1,000
- GM Competitive Lessee Conquest Cash — $ 1,500
Add all these up, and knock it off the asking price tag of $ 21,070 and you’re roughly looking at $ 15,795.
Now, ask the Chevy dealer to quite, fairly please knock $ 1,800 off the price of an outgoing Cruze model and you’re sitting at $ 13,995 following it’s all over.
According to Leasehackr, GM Financial estimates that your 2016 Chevrolet Cruze will be worth roughly $ 13,280 soon after two years with 10,000 each year, which tends to make the total depreciation expense $ 715 — or about $ 29 a month. Throw in a month-to-month finance charge of about $ 11, and that is a Chevy Cruze for $ 40 a month.
Exactly where does the Costco membership come in?
If you have been a Costco Auto member ahead of Sept. 30, you can get a $ 700 present card back from Costco for leasing the Cruze. That’s a lot of mayo.
*** You already personal a Chevrolet Volt, you say? Greater news! You can get $ 2,500 Volt Loyalty cash off that Cruze lease, which implies you just scored a 24-month lease for free — or even made cash.
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We wouldn’t know what to do with real funds anyway.