Incentives on a lease and purchase often vary, and the vast majority of car shoppers do not realize this difference. Finance Incentives Options (2 of them) are usually: Option of cash rebate (example: $2k rebate); or low interest rate over a period of time. Lease Incentives Options (3 of them) are usually: Different cash rebate; different subsidized interest rate; or a subsidized residual value. 

“The art of the deal is different between financing and leasing, and the makeup of incentives is no different,” said Scot Hall, Executive VP at Swapalease.com. “Knowing the differences in how incentives are packaged is important because the educated car shopper that understands this has a better opportunity to negotiate the best incentives package.”

Example Using 2016 Chevrolet Silverado Double Cab LT 4x4

MSRP $44,535

Invoice Price $42,385 *sale price used

GM Financial Subvent Lease

36 x $409

12,000 miles per year

Lease factor 0.00068

Residual 62% or $27,611.70

Cap cost rebate(s) $2540

US Bank Lease

36 x $472.24

12,000 miles per year

Lease factor .00105

Residual 58% or $25,830.30

Factory Purchase Incentives

0% financing for 60 months & $1000 rebate

OR

$3000 rebate *current bank rate for 60 months ~2.9%

Headquartered in Cincinnati, Ohio, Swapalease.com is the world’s largest automotive lease marketplace and the pioneer in facilitating lease transfers online. More specifically Swapalease.com matches individuals who want to get out of their lease with people who are looking for short-term lease agreements. Prospective buyers can search the listings for the exact vehicle they want, and then register for a nominal fee, allowing them to use Swapalease.com’s safe online system to contact the prospective seller and close the deal.