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05-07-2013, 12:15 AM
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#1 |
 Drives: VW CC Join Date: Mar 2013
Location: Miami
Posts: 7
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Ls1 lease
Hello everyone,
I am new on this forum and am looking to lease v6 camaro ls1 this month. I will be going to a dealership at the end of next week since I am traveling now, so was wondering if someone could provide me with an insight.. On the website it mentions that the car is around 220 a month + 2.2k down + tax and everything. So realistically, to get 220 a month I would have to put around 4k down? Am I getting this right? Also, those who were able to lease - are these numbers "artificial" and are designed to just lure people into the dealership or are they actually attainable? Was someone able to get a better deal than that? What about the credit application? This will be the first car I will be getting a credit for, so never had any car loans under my name. Additionally, my credit history is rather limited, with only about 10 months of history. I realize I will not qualify for the best ratet, but does anyone know if the numbers are decent for a non-perfect situation? Sorry for so many questions... Thank you all on advance!! |
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05-07-2013, 10:25 AM
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#2 |
 
Drives: 2013 Camaro 2SS/RS XD Join Date: May 2012
Location: Washington, D.C.
Posts: 522
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10 Months of credit history isn't very good. You may not qualify for that specific leasing promition. I an sure the dealer will suggest a different payment plan with a stupid high interest rate.
I got my best rate from a credit union, but I have a long history of decent credit. The dealer matched what I go, so maybe try a credit union first to see what you can get. |
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05-07-2013, 03:16 PM
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#3 |
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Drives: VW CC Join Date: Mar 2013
Location: Miami
Posts: 7
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Would purchasing be a better option then? I was planning to put about 7k down. Also, what kind of OTD price should I try to negotiate on a base 1ls? I appreciate the input!
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05-07-2013, 03:45 PM
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#4 | |
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Account not blocked
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Quote:
i would try for at least $1000 off the window sticker before rebates
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05-07-2013, 05:11 PM
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#5 |
 
Drives: 2014 1LE Camaro, 95 Z28 Camaro Join Date: Jun 2011
Location: America
Posts: 940
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I am new on this forum and am looking to lease v6 camaro ls1 this month.
LS1 is a V8 97-02 Camaro. Guessing you meant 1LS or 1LT. Just wondering cause that could change alot.
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2014 1LE 2SS Camaro Recaro seats, Custom Cam, Kooks LT headers, CAI intake, Z/28 Spoiler, Z/28 Belly Pan, Z/28 Brake Air Ducts, Stainless Steel breaklines, BMR Toe Rods and Trailing Arms resulting in 482.49 RWHP
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05-07-2013, 06:38 PM
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#6 |
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Drives: VW CC Join Date: Mar 2013
Location: Miami
Posts: 7
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Sorry, I'm not too knowledgeable about camaro history. Yes, I meant 1LS.
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05-10-2013, 01:31 PM
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#7 | |
         
Drives: GM Vehicles Join Date: Jun 2010
Location: Michigan
Posts: 9,328
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Quote:
William R. Chevrolet Customer Care
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05-10-2013, 02:06 PM
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#8 |
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Drives: 2013 inferno prage LS coupe. Join Date: May 2013
Location: Minnesota
Posts: 14
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I am currently wotking on a lease for the LS2 - From what I am seeing the program running for for a 1LS is $2100 down @239 a month - Total out of pocket would be about $3300 - you may be able to wiggle on that a bit.
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05-10-2013, 03:35 PM
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#9 |
 
Drives: 2013 BRM LS M6 Join Date: Apr 2013
Location: Northern Indiana
Posts: 98
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I signed my lease about a month ago. I did a sign and drive with $0 down and my payments are $350/month. I wasnt thrilled about doing a lease but after running all the numbers, comparing to a loan, and out of pocket expenses I decided to do it. I plan to purchase the car after the 39mo lease, and my purchase price + what I will have paid in lease payments will be essentially what I would have paid on a 60 mo loan with the interest, without having had to shell out the 20% down and will own it sooner.
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05-10-2013, 10:40 PM
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#10 |
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Drives: VW CC Join Date: Mar 2013
Location: Miami
Posts: 7
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That seems like a decent deal. Even makes me consider an SS, but that is probably not going to have good rates >.< Will be going to a dealership next week to see what kind of rates I get
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