New Car Purchase

[Chip860]

I'm looking to purchase a 2024 Equinox LS for my wife. It's been a long time since I made a new car purchase. I was wondering what would be considered a good deal for the car. Is anyone willing to divulge their negotiation techniques or purchase price?
Thanks.

 

[Lee]

Where do you live?
Will you buy from a large dealership or small?
Have you been using a dealer for service you like?

 

[Chip860]

I live in Culpeper, VA.
I haven't owned a Chevy in over 35 years (1976 pickup).

 

[Hey Vern!]

If you can get the promo rate for interest that will help. 1.9% I think.

 

[PoManNox]

I'm looking to purchase a 2024 Equinox LS for my wife. It's been a long time since I made a new car purchase. I was wondering what would be considered a good deal for the car. Is anyone willing to divulge their negotiation techniques or purchase price?
Thanks.

A base model LS has an MSRP of $26600. Add AWD and some options and you are easily up over $30K. You'll be hard pressed to find a base model LS sitting on a lot.

In today's market, with incentives not being what they used to be, I'd think you'd be lucky to get ~$2K off of sticker/MSRP.

FWIW, two months back I paid $19500 for my used 2021 Equinox LT AWD w/ 34K miles on it. The sticker was ~$31K when it was new.

 

[Lee]

If you can get the promo rate for interest that will help. 1.9% I think.

Current offer link below

Site Maintenance

In our area the current offer runs out July 31.
A new offer may start in August.
The cash back is from Chevy. The dealer will offer a discount on top of that.

 

[Chip860]

Thanks all.

 

[Hey Vern!]

Thanks all.

Good luck!

 

[PoManNox]

The "no payments for 90 days" incentive kills me.

Let's get further upside down! What a deal.

 

[Lee]

The "no payments for 90 days" incentive kills me.

Let's get further upside down! What a deal.

We always avoid the deferred payment deals because it costs you more over the life of the loan.
One time when we were buying 2 new BMW motorcycles, BMW had the offer they would make the first 5 payments.
Didn't trust the offer at first but after I did the math on the interest of the loan I could see they were making the payment on the principal and interest for 5 months.
Saved us $3000. Deals like that are rare.