Lease Question - Dealer offer new car for remainder of leasing period
I've a 2017 Mazda CX5 GT (no turbo) leased for 48 months at roughly 620 monthly + tax (with the hassle-free walk away appearance insurance when returning leased car + extended warranty).
I leased the car brand new and the lease maturity date is in Nov 2021 (around 15 months left).
I received a call from the dealership yesterday talking about no payment for 2 months, he said if you're interested come over to the dealership and we can talked about it.
I went into the dealership the next day and talked to the manager and he basically offers to take my 2017 cx5 away and lease a new 2020 Mazda CX5 GT w/turbo (599 monthly tax included) with the same lease maturity date of Nov 2021?
I asked about the walk away appearance package/insurance and he said it's all included and I basically also get to have 2 months of free of charge from Mazda, so rather than paying for 620+tax monthly, I basically need to pay the 30 dollars licensing and I get to have a lower monthly payment (599+tax), brand new 2020 turbocharged CX5.
This deal seems to be too good to be true, and I've never heard of something like this before. Has anyone heard of something like this before?
UPDATE June 05: Yea so basically I won't be getting the deal since my application got declined. The manager essentially said due to COVID19, a lot of banks has tighten up their restrictions where my credit might have work before the whole COVID 19 situation but now I can't.
UPDATE 2 June 05: Thank you to everyone who responded. My application didn't go through, and oh well, that's too bad then. Have a nice day yall.