Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums - Camaro5.com
 
HeadlightArmor
Go Back   Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums - Camaro5.com > General Camaro Forums > Camaro Price | Ordering | Tracking | Dealers Discussions

Camaro Price | Ordering | Tracking | Dealers Discussions Discuss pricing and ordering experiences.

Reply
 
Thread Tools
Old 02-13-2014, 03:01 PM   #1
s55amgxxx
 
Drives: black
Join Date: Feb 2014
Location: huntington
Posts: 13
is this a good lease deal? need help

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 ?
s55amgxxx is offline   Reply With Quote
Old 02-13-2014, 03:15 PM   #2
justa25thTA

 
justa25thTA's Avatar
 
Drives: 2011 Camaro SS/RS LS3
Join Date: Aug 2010
Location: Texas
Posts: 1,632
isn't the residual spelled out in the contract?
__________________
Yeah, I'll get around to it...
justa25thTA is offline   Reply With Quote
Old 02-13-2014, 03:17 PM   #3
cadyshac
It's in the hole!
 
cadyshac's Avatar
 
Drives: 2011 2SS L99 SGM 2013 2SSRS LS3 BRM
Join Date: Apr 2011
Location: Kentucky
Posts: 946
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.
cadyshac is online now   Reply With Quote
Old 02-13-2014, 06:39 PM   #4
Msmall143

 
Msmall143's Avatar
 
Drives: Camaro
Join Date: Sep 2013
Location: NOVA
Posts: 1,731
To many unknown variables. With a lease the interest rate makes a difference just like a purchase.

Residuals are good on these cars.
Msmall143 is offline   Reply With Quote
Old 02-13-2014, 06:42 PM   #5
Msmall143

 
Msmall143's Avatar
 
Drives: Camaro
Join Date: Sep 2013
Location: NOVA
Posts: 1,731
Quote:
Originally Posted by cadyshac View Post
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.
Msmall143 is offline   Reply With Quote
Old 02-13-2014, 08:43 PM   #6
s55amgxxx
 
Drives: black
Join Date: Feb 2014
Location: huntington
Posts: 13
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.

Last edited by s55amgxxx; 02-13-2014 at 10:35 PM.
s55amgxxx is offline   Reply With Quote
Old 02-14-2014, 07:53 AM   #7
cadyshac
It's in the hole!
 
cadyshac's Avatar
 
Drives: 2011 2SS L99 SGM 2013 2SSRS LS3 BRM
Join Date: Apr 2011
Location: Kentucky
Posts: 946
Quote:
Originally Posted by Msmall143 View Post
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!
cadyshac is online now   Reply With Quote
Old 02-14-2014, 12:33 PM   #8
buster11xx
 
Drives: 2014 2SS, 2013 Equinox LTZ
Join Date: Jan 2014
Location: Phoenix
Posts: 27
Quote:
Originally Posted by s55amgxxx View Post
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.
buster11xx is offline   Reply With Quote
Old 02-14-2014, 10:56 PM   #9
s55amgxxx
 
Drives: black
Join Date: Feb 2014
Location: huntington
Posts: 13
Quote:
Originally Posted by buster11xx View Post
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
s55amgxxx is offline   Reply With Quote
Old 02-17-2014, 10:50 AM   #10
buster11xx
 
Drives: 2014 2SS, 2013 Equinox LTZ
Join Date: Jan 2014
Location: Phoenix
Posts: 27
Quote:
Originally Posted by s55amgxxx View Post
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.
buster11xx is offline   Reply With Quote
Old 02-17-2014, 05:18 PM   #11
Msmall143

 
Msmall143's Avatar
 
Drives: Camaro
Join Date: Sep 2013
Location: NOVA
Posts: 1,731
Quote:
Originally Posted by cadyshac View Post
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.
Msmall143 is offline   Reply With Quote
Old 02-18-2014, 09:33 AM   #12
14sscamaro
 
Drives: 2014 Camaro SS
Join Date: Feb 2014
Location: Miami
Posts: 3
Quote:
Originally Posted by buster11xx View Post
#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.
14sscamaro is offline   Reply With Quote
Old 02-18-2014, 11:24 AM   #13
buster11xx
 
Drives: 2014 2SS, 2013 Equinox LTZ
Join Date: Jan 2014
Location: Phoenix
Posts: 27
Quote:
Originally Posted by 14sscamaro View Post
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.
buster11xx is offline   Reply With Quote
 
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 09:59 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.