Leasing a New ZL1

TheGC1 · 12-07-2016, 02:04 PM

Is there anyone who has leased a new ZL1? After getting 90% through the process, my dealership is now saying they can't lease it because it's a "super car" or "super high performance" or something like that.

I have never heard of this... Is this a thing, or has anyone heard of this?

Pissed off at the Dealership,
Gabe

URBAN LEGEND · 12-07-2016, 02:05 PM

Garbage. The dealer wants the sale vs the lease. I leased my 13 ZL1 with US bank at the Chevrolet dealer.

FNxR3DNECK · 12-07-2016, 02:17 PM

Quote:

Originally Posted by URBAN LEGEND

Garbage. The dealer wants the sale vs the lease. I leased my 13 ZL1 with US bank at the Chevrolet dealer.

That's what it sounds like to me!

TheGC1 · 12-07-2016, 02:17 PM

Is there anyone from a dealership in here that can help? I'm at my dealership and they are telling me that GM will not lease this car... is there any truth to this at all???

TheGC1 · 12-07-2016, 02:32 PM

So Becky confirmed with me that GM wont lease it.

And, Becky is awesome. I wish I could have bought it from her.

NB2017ZL1 · 12-07-2016, 02:39 PM

GM Canada won't let anyone lease this car. I suppose some outside dealer could buy then lease but the rates would be nuts. But they can't get one anyways as there are none. Book closed..

ScottMZ3 · 12-07-2016, 04:33 PM

That doesn't make sense. You can lease a Corvette Z06...same engine and a more expensive car. Maybe it is just because residuals haven't been set yet? But I can't imagine that GM will not allow a ZL1 lease going forward. The rates may suck however, I believe I read they are horrible for the Z06.

TheGC1 · 12-07-2016, 05:10 PM

Quote:

Originally Posted by ScottMZ3

That doesn't make sense. You can lease a Corvette Z06...same engine and a more expensive car. Maybe it is just because residuals haven't been set yet? But I can't imagine that GM will not allow a ZL1 lease going forward. The rates may suck however, I believe I read they are horrible for the Z06.

Yep, totally confirmed. Not sure if it is for now or forever, GM will not do a lease on the 2017 ZL1. It may be due to the vehicle brand new, but Becky did say that it is not even listed in the... something. There are other external companies like Ally and some others that will, but yes the rates are not going to be good.

Ended up getting a pretty good rate so I'll be happy to own it too. I guess it's time for mods... the silver lining.

Stingray23 · 12-07-2016, 05:10 PM

A lease or a sale is the same thing. Its a sold unit.

tx6g1le · 12-07-2016, 05:21 PM

I'm assuming the ink is drying on your paperwork GC1, but I'm a lease facilitator from Dallas, TX and we have residuals on the ZL1. So we could lease them through US Bank, Ally, or our own lease line. Feel free to PM me if you have any questions.

slather · 12-07-2016, 05:27 PM

In 2014 I was told by my Chevy Dealer I could not lease an SS sedan.

TheGC1 · 12-07-2016, 05:42 PM

Quote:

Originally Posted by tx6g1le

I'm assuming the ink is drying on your paperwork GC1, but I'm a lease facilitator from Dallas, TX and we have residuals on the ZL1. So we could lease them through US Bank, Ally, or our own lease line. Feel free to PM me if you have any questions.

PM'd. Thanks for offering to shed some light on this for me...

Danmaro · 12-07-2016, 08:20 PM

My guess GM won't lease it, but other banks will. The dealer probably wants there financing credit so they are trying to deter you from leasing it as they can't make the same kick back.... Try Penfed as they do a form of a lease through there payment saver loan, and with the ZL1 it should retain value well and you should be able to sell it once first part of loan is up.

xrivera91 · 12-07-2016, 08:34 PM

Quote:

Originally Posted by tx6g1le

I'm assuming the ink is drying on your paperwork GC1, but I'm a lease facilitator from Dallas, TX and we have residuals on the ZL1. So we could lease them through US Bank, Ally, or our own lease line. Feel free to PM me if you have any questions.

What would a lease look like on the zl1? Hope you dont mind me asking that openly.

12-07-2016, 02:04 PM	#1
TheGC1 Drives: 2017 ZL1 Nightfall Gray Join Date: May 2013 Location: South Florida Posts: 58 View My Garage	Leasing a New ZL1 Is there anyone who has leased a new ZL1? After getting 90% through the process, my dealership is now saying they can't lease it because it's a "super car" or "super high performance" or something like that. I have never heard of this... Is this a thing, or has anyone heard of this? Pissed off at the Dealership, Gabe __________________ Now Driving: 2017 Camaro ZL1 A10 \| Black 2016 Stingray Z51 A8 \| Corvette Racing Yellow Past Rides: 2017 Camaro ZL1 M6 \| Nightfall Gray 2013 Camaro ZL1 M6 #6052\| Summit White

12-07-2016, 02:05 PM	#2
URBAN LEGEND Drives: 20 X3M CP & 19 ZL1 1LE A10 Join Date: Jun 2013 Location: Brenham, TX Posts: 3,517	Garbage. The dealer wants the sale vs the lease. I leased my 13 ZL1 with US bank at the Chevrolet dealer. __________________ 🔺22 RS E TRON GT 🔺21 Model S Plaid

12-07-2016, 02:17 PM	#4
TheGC1 Drives: 2017 ZL1 Nightfall Gray Join Date: May 2013 Location: South Florida Posts: 58 View My Garage	Is there anyone from a dealership in here that can help? I'm at my dealership and they are telling me that GM will not lease this car... is there any truth to this at all??? __________________ Now Driving: 2017 Camaro ZL1 A10 \| Black 2016 Stingray Z51 A8 \| Corvette Racing Yellow Past Rides: 2017 Camaro ZL1 M6 \| Nightfall Gray 2013 Camaro ZL1 M6 #6052\| Summit White Last edited by TheGC1; 12-07-2016 at 03:09 PM.

12-07-2016, 02:32 PM	#5
TheGC1 Drives: 2017 ZL1 Nightfall Gray Join Date: May 2013 Location: South Florida Posts: 58 View My Garage	So Becky confirmed with me that GM wont lease it. And, Becky is awesome. I wish I could have bought it from her. __________________ Now Driving: 2017 Camaro ZL1 A10 \| Black 2016 Stingray Z51 A8 \| Corvette Racing Yellow Past Rides: 2017 Camaro ZL1 M6 \| Nightfall Gray 2013 Camaro ZL1 M6 #6052\| Summit White

12-07-2016, 02:39 PM	#6
NB2017ZL1 Drives: 2017 ZL1 10 Speed Hyper Blue Join Date: Jul 2016 Location: Canada Posts: 1,349	GM Canada won't let anyone lease this car. I suppose some outside dealer could buy then lease but the rates would be nuts. But they can't get one anyways as there are none. Book closed.. __________________ 2017 ZL1

12-07-2016, 04:33 PM	#7
ScottMZ3 Drives: 2018 ZL1 A10, 2019 BMW X5 Join Date: Dec 2016 Location: Roseville, CA Posts: 256	That doesn't make sense. You can lease a Corvette Z06...same engine and a more expensive car. Maybe it is just because residuals haven't been set yet? But I can't imagine that GM will not allow a ZL1 lease going forward. The rates may suck however, I believe I read they are horrible for the Z06.

12-07-2016, 05:10 PM	#9
Stingray23 Drives: 2012 Ford SVT Raptor Join Date: Jan 2013 Location: New York Posts: 42	A lease or a sale is the same thing. Its a sold unit.

12-07-2016, 05:21 PM	#10
tx6g1le Drives: 2017 Camaro 1LE Join Date: Sep 2016 Location: Dallas, TX Posts: 380	I'm assuming the ink is drying on your paperwork GC1, but I'm a lease facilitator from Dallas, TX and we have residuals on the ZL1. So we could lease them through US Bank, Ally, or our own lease line. Feel free to PM me if you have any questions.

12-07-2016, 05:27 PM	#11
slather Drives: 2017 Camaro 2SS convertible Join Date: Jun 2016 Location: NW Pa. Posts: 30	In 2014 I was told by my Chevy Dealer I could not lease an SS sedan.

12-07-2016, 08:20 PM	#13
Danmaro Drives: 528i Join Date: Jan 2016 Location: Austin Posts: 10	Penfed My guess GM won't lease it, but other banks will. The dealer probably wants there financing credit so they are trying to deter you from leasing it as they can't make the same kick back.... Try Penfed as they do a form of a lease through there payment saver loan, and with the ZL1 it should retain value well and you should be able to sell it once first part of loan is up.

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