How is this deal possible?
Through April 2, 2018, all Encores leased through GM Financial get a $2,000 incentive. Select regions, including Southern California, receive an additional $750 incentive ("GM Select Market Incremental CCR").
For a limited time, Buick is also offering a $3,000 conquest incentive for current owners or lessees of 1999 or newer non-GM vehicles. In sum, lessees can qualify for up to $5,750 in cash incentives, which significantly lowers the cost of the lease.
How do I get this deal?
This deal assumes a decent dealer discount of $1,900, or 7% off MSRP, on a $25,395 Encore Preferred. Your exact selling price will depend on factors like location and inventory. We recommend contacting a few dealers in your area and asking for their best price.
GM Financial offers leases with 24- to 48-month terms. This deal assumes a 24-month lease, which is actually most favorable in this situation. GM Financial has set the 24-month residual value for Encore at 64% of MSRP, assuming 10,000 miles per year. The residual value drops to 63% for a lease with 12,000 miles per year (or 62% at 15,000 miles per year).
The money factor (MF) currently offered by GM Financial for Buick Encore on 24-month leases is .00131, equivalent to 3.14% APR. The lease will be more expensive if the dealer marks up the MF. We do not recommend leasing a car with a marked up MF, unless the vehicle is further discounted by a commensurate amount. Note that the posted MF of .00131 requires excellent credit.
About Buick Encore
Encore is a subcompact SUV similar in size to Chevrolet Trax, Ford EcoSport, Honda HR-V, and Toyota CH-R. As a Buick, the vehicle has premium aspirations, and GM would like it very much if you cross-shopped it with an Audi Q3 and Mercedes-Benz GLA.
Encore is a perfectly sensible vehicle with a high-driving position that will get you from A-to-B without much fuss. It can also be one of the cheapest cars you can lease right now.
Get started! Current program is valid through April 2, 2018.
Use Leasehackr Calculator to customize your own inputs, such as the MSRP and selling price. The link below will take you to a sample deal of a 2018 Buick Encore Preferred ($25,395 MSRP) assuming 7% off MSRP, excellent credit, California registration fees and taxes (OC), and 10,000 miles per year. It translates to $135 per month ($145 per month after tax) and $998 in drive-offs.
See the breakdown on the calculator.