is this a good lease deal? need help

[s55amgxxx]

hello everybody im looking to get into a camaro 2ss so here what i got from the dealership.

its a 2ss auto in yellow with rs package, sunroof and nav (msrp comes to 42k) everything rolled in the monthly payments is coming to $510.i feel like it seems a bit high considering i can get an infiniti g coupe msrp came to 51k for less. Also does anyone know what the residuals are for this car ?

[justa25thTA]

isn't the residual spelled out in the contract?

[cadyshac]

I don't lease but sure doesn't sound like a good deal to me.
You can buy a brand new '13 much cheaper than that.

[Msmall143]

To many unknown variables. With a lease the interest rate makes a difference just like a purchase.

Residuals are good on these cars.

[Msmall143]

Originally Posted by cadyshac

I don't lease but sure doesn't sound like a good deal to me.
You can buy a brand new '13 much cheaper than that.

I don't think you understand leasing either. There is no way anyone could possibly advise on the monthly payment being a good deal or not without knowing many more details.

Credit score
Interest rate
Vehicle payment history
Residual value
How many months
Downpayment
Mileage allowed for lease term
Buy out amount
Fees
Etc.

All these variables make a big difference.

[s55amgxxx]

Credit score- tier 1
Interest rate- im not sure
Vehicle payment history
Residual value- .627 percent
How many months- 39
Downpayment- 0 everything rolled in monthly payment
Mileage allowed for lease term- 15k
Buy out amount
Fees
Etc.

All these variables make a big difference.

[cadyshac]

Originally Posted by Msmall143

I don't think you understand leasing either. There is no way anyone could possibly advise on the monthly payment being a good deal or not without knowing many more details.

Credit score
Interest rate
Vehicle payment history
Residual value
How many months
Downpayment
Mileage allowed for lease term
Buy out amount
Fees
Etc.

All these variables make a big difference.

Who pee'd in your wheaties, RELAX!

[buster11xx]

Originally Posted by s55amgxxx

hello everybody im looking to get into a camaro 2ss so here what i got from the dealership.

its a 2ss auto in yellow with rs package, sunroof and nav (msrp comes to 42k) everything rolled in the monthly payments is coming to $510.i feel like it seems a bit high considering i can get an infiniti g coupe msrp came to 51k for less. Also does anyone know what the residuals are for this car ?

That is not a good deal. You really need to Google leasing to really understand the moving parts. There is not much talk here about it, but other forums like bimmerfest talk about it at a lot. (msrp, selling price, residual, money factor, dealer fees and installs etc)

I leased the same build as you last month. MSRP was $42,XXX. I had $2,000 gm top off and $1,000 in a private offer. Agreed on price of the car (before incentives was $39,001 --less the $3,000 I had with the offers mentioned) Other than that I paid for the registration and first payment and $80.00 doc fee at signing. My pre tax 24 month payment is about $370.00 with a 2 year lease and 15,000 miles. Post tax (8.5%) is $401.xx.

Lease deal with US bank was .00135 money factor and 71% residual. Given the deals last month (and they probably did not change much) the 24 month payment was actually lower that the 36. Plus you will probably not have to replace tires and brakes in 2 years vs having to in 39 months.

[s55amgxxx]

Originally Posted by buster11xx

That is not a good deal. You really need to Google leasing to really understand the moving parts. There is not much talk here about it, but other forums like bimmerfest talk about it at a lot. (msrp, selling price, residual, money factor, dealer fees and installs etc)

I leased the same build as you last month. MSRP was $42,XXX. I had $2,000 gm top off and $1,000 in a private offer. Agreed on price of the car (before incentives was $39,001 --less the $3,000 I had with the offers mentioned) Other than that I paid for the registration and first payment and $80.00 doc fee at signing. My pre tax 24 month payment is about $370.00 with a 2 year lease and 15,000 miles. Post tax (8.5%) is $401.xx.

Lease deal with US bank was .00135 money factor and 71% residual. Given the deals last month (and they probably did not change much) the 24 month payment was actually lower that the 36. Plus you will probably not have to replace tires and brakes in 2 years vs having to in 39 months.

how did you manage to get a deal like that on 24 months because everything i got for 24 months was just insane 39 seems best and as far as residual its 63 percent. i used a lease calculator and it seems lowest i cant get is around 485. Do you have any tips for me? i would love a deal close to yours

[buster11xx]

Originally Posted by s55amgxxx

how did you manage to get a deal like that on 24 months because everything i got for 24 months was just insane 39 seems best and as far as residual its 63 percent. i used a lease calculator and it seems lowest i cant get is around 485. Do you have any tips for me? i would love a deal close to yours

#1 get a private offer. There are lots of threads on this topic. It will cut your costs down.

#2 Do you have a GM card or top off offer on that?

#3 Not sure of your location, but I found Los Angeles dealers to be the most competitive on the west coast. I am happy to pm you me dealers information if you want. If your on the east coast there is a dealer in FL that lots of people talk about on the Volt forum that cuts good deals.

[Msmall143]

Originally Posted by cadyshac

Who pee'd in your wheaties, RELAX!

Well, just don't offer an uneducated opinion. Guys looking for informed feedback and you don't have any.

[14sscamaro]

Originally Posted by buster11xx

#1 get a private offer. There are lots of threads on this topic. It will cut your costs down.

#2 Do you have a GM card or top off offer on that?

#3 Not sure of your location, but I found Los Angeles dealers to be the most competitive on the west coast. I am happy to pm you me dealers information if you want. If your on the east coast there is a dealer in FL that lots of people talk about on the Volt forum that cuts good deals.

Hey was up I am in Miami FL and I was hoping you can tell me the dealer in the FL that your speaking about. Also can you explain to me what a GM card or Top off offer is? Congrats on your deal I hope to get one that sweet.

[buster11xx]

Originally Posted by 14sscamaro

Hey was up I am in Miami FL and I was hoping you can tell me the dealer in the FL that your speaking about. Also can you explain to me what a GM card or Top off offer is? Congrats on your deal I hope to get one that sweet.

Gm credit card is the card I am talking about. With the card I have they "top off" you points (discount on a car). I was able to save $2,000 on this car with it and $2,000 on my Equinox last year. It is something to look into for next time. I will PM you with the dealer info.