Based on the latest incentive data, the 2024 GMC Sierra EV lease price costs nearly twice as much as GMC’s HUMMER EV.
The 2024 GMC Sierra EV lease prices could start at over $1,700 a month. Sheesh.
In auto leasing, the interest rate is called a money factor, lease factor, or lease rate. A money factor is expressed as a decimal. To see your APR, you multiply it by 2,400. CarsDirect reports that the 2024 GMC Sierra EV has a 36-month money factor of 0.00341. That’s equivalent to an interest rate of 8.18%, slightly higher than the HUMMER EV‘s 8.06% rate.
More importantly, the Sierra’s published residual value – how much the leased vehicle will be worth at the end of the lease term – is 53%. That’s 23% less than the HUMMER EV’s residual value of 76%.
CarsDirect reports that leasing a Sierra Denali EV, with an MSRP of $99,495, costs $1,745 for 36 months based on no money down and 10,000 miles a year.
Meanwhile, the $98,000 HUMMER EV is advertised at $999 with $0 due at signing – that’s $746(!) less per month.
This is an even worse deal than the Silverado, which I reported on yesterday. Like the Silverado, the Sierra has no other financing incentives or rebates, and it doesn’t qualify for the $7,500 federal tax credit because it exceeds the $80,000 MSRP cap.
If you really want to lease a 2024 GMC Sierra EV, you might want to wait to see whether the price comes down, because this price is eyewateringly high.
Read more:
Click here to find a local dealer that may have the 2024 GMC Sierra EV in stock. –affiliate link
If you live in an area that has frequent natural disaster events, and are interested in making your home more resilient to power outages, consider going solar and adding a battery storage system. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. They have hundreds of pre-vetted solar installers competing for your business, ensuring you get high quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use and you won’t get sales calls until you select an installer and share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisers to help you every step of the way. Get started here. –affiliate link*
FTC: We use income earning auto affiliate links. More.
إرسال تعليق