Exhaust options for a leased '15

[Pluto]

Originally Posted by The_Blur

I'd recommend against modifying any leased vehicle. You won't get a better deal buying after the lease, so it doesn't make sense to lease with intent to buy. If you have an itch to modify a car, buy it.

You beat me to it. I wouldn't dump any kind of money into something I may or may not own. I would just leave it alone.

[Taco Time]

I'm interested in hearing more about this cat back exhaust system that voids your warranty..

Pro Tip: Don't lease vehicles. It's dumb and a waste of money. You pay less to purchase the car.

[Taco Time]

This dude is giving away his exhaust. You could cut this one up if you wanted to do so.

http://www.camaro5.com/forums/showthread.php?t=390618

[Camarojt]

Just buy the car and mod the hell out of it. If you lease it your only option is to buy a catback, save your full stock exhaust and put it back on the car once it's time to turn the car in then sell the catback.

[FrostySS]

Originally Posted by Taco Time

I'm interested in hearing more about this cat back exhaust system that voids your warranty..

So would I considering I do this every day lol

[Teebsa]

I have the same situation here, I'm considering a muffler delete and just having the stockers welded back on before it's turned in.

It just doesn't make sense for me to buy the car, but would like to have a little more fun with it while I do have it. It is my daily, so I'm a little concerned about how loud it will be the straight pipes, however I've heard if the rest of the exhaust is stock, it's not too bad, not much different than the NPP open I guess. I'm still kicking myself in the ass for not getting it.

[Denis]

its not about voiding your warranty. its about breaking the lease agreement you signed which probably states that you wont modify or alter the car...since its not yours and all. that would be like renting a car and modifying it and then expecting the rental company to be cool with it.

now if you want to put some pipes on it and take them off and put them back on every time you need to take it in to get an oil change than go right ahead lol. otherwise I wouldn't bother.

[ST1LE]

Originally Posted by 402

Yes there is.

Oh enlighten us, one with great knowledge!!

Being misinformed is one thing, but misinforming is unacceptable.

If you don't KNOW, then you should sit back, observe, listen, learn, then repeat.


OP - I think the best suggestion $ wise is the muffler delete. Its cheap, easily reversed, and you only need to store the stock mufflers.

The best suggestion all around(other than not leasing if you want to mod) was to get a stock exhaust(many people give away free), install cut-outs and BOOM! Awesome exhaust set-up.

In case you aren't aware, no offense at all intended, a cut-out is a flap you manually operate to open the exhaust before the muffler making it loud and awesome. Great to have the option to switch from loud to quiet.

Good luck man! Congrats on leasing and awesome car!

[Taco Time]

Originally Posted by Teebsa

I have the same situation here, I'm considering a muffler delete and just having the stockers welded back on before it's turned in.

It just doesn't make sense for me to buy the car, but would like to have a little more fun with it while I do have it. It is my daily, so I'm a little concerned about how loud it will be the straight pipes, however I've heard if the rest of the exhaust is stock, it's not too bad, not much different than the NPP open I guess. I'm still kicking myself in the ass for not getting it.

Next time you're in the market for a vehicle write down your lease payments, then write down what they'll sell it to you for at the end of the term.
Then do the same for a car note to purchase the car. Lets say your lease is up in two years. Compare how much you would've paid in that time through the lease and through buying the car. (payment will likely be comparable.) look at how much you'd owe on the car after two years and compare it to how much they'll sell it to you for at the end of a lease.

You will owe less and your note will be less than the lease. Unless you have some small business tax advantage, then, for a personal vehicle, you are throwing money away leasing a car. period.

Do math!

[Teebsa]

Wow, you really couldn't be more wrong. I'm not sure why you're so passionate against leases, but they really are a better way to buy if you don't plan on keeping the car long enough to pay it off and keep it for awhile. I'm not sure where you're getting your numbers, but for someone preaching about "doing math", let's do some. We'll use my car for fun which was about $41k out the door.

Lease:
Payment $435 for 39 months
Total Due for Buyout: $26k (before any type of negotiations)
Total cost of ownership for 39 months: $17k
Potential Negative Equity: None

Purchase:
Payment $622 (41k / 72m @ 3.0%)
Total cost of ownership: $24,250
Approx Value: $21,250 (Based on 2011 Camaro per KBB)
Approx Loan Payoff: $15,600
Potential Positive Equity: $7k (In a perfect world)

Wow you're up $7k on the purchase right!?.....No

Let's assume you can actually find a dealer to give you KBB trade in, not likely, you're looking at least $2k off that if you're a good negotiator. You're now up $5k, great right? Well considering over the 39 months you spend about $7200 more in payments alone, you're now $2k ahead on the lease, again in a perfect world.

That's all assuming that nothing major happens to the vehicle during that time. If some jackass hits me, that hole widens even further. I'd prefer for the bank to take that risk instead of me. That's not including countless other variables that could come into play to devalue a car (new model about to be relased, etc). Most people are buried in their cars for a reason unfortunately.

If you're going to keep the car for 6+ years, then yeah, purchasing is the way to go, but for someone like myself who has no plans to keep the car more than a few years, buying makes absolutely no financial sense. Plus I get the little perks such as lowered DTI, etc.

In what world would it make sense to spend an extra $200/mo and worry about dozens of different variables at the end of 3 years to hopefully only lose $2k. No thanks, I'll stick to my lease.

[Teebsa]

Originally Posted by Denis

its not about voiding your warranty. its about breaking the lease agreement you signed which probably states that you wont modify or alter the car...since its not yours and all. that would be like renting a car and modifying it and then expecting the rental company to be cool with it.

now if you want to put some pipes on it and take them off and put them back on every time you need to take it in to get an oil change than go right ahead lol. otherwise I wouldn't bother.

I get what you're saying about the lease agreement, however if the car is returned to stock form at the end of the lease the finance company is protected. I don't think it would need to be swapped for an oil change.

It's the same as if my tenants paint a room purple in one my houses. They don't have to repaint it every time I come by, however at the end of the lease, it needs to be tan again or I will charge.

[Pluto]

Originally Posted by Teebsa

Wow, you really couldn't be more wrong. I'm not sure why you're so passionate against leases, but they really are a better way to buy if you don't plan on keeping the car long enough to pay it off and keep it for awhile. I'm not sure where you're getting your numbers, but for someone preaching about "doing math", let's do some. We'll use my car for fun which was about $41k out the door.

Lease:
Payment $435 for 39 months
Total Due for Buyout: $26k (before any type of negotiations)
Total cost of ownership for 39 months: $17k
Potential Negative Equity: None

Purchase:
Payment $622 (41k / 72m @ 3.0%)
Total cost of ownership: $24,250
Approx Value: $21,250 (Based on 2011 Camaro per KBB)
Approx Loan Payoff: $15,600
Potential Positive Equity: $7k (In a perfect world)

Wow you're up $7k on the purchase right!?.....No

Let's assume you can actually find a dealer to give you KBB trade in, not likely, you're looking at least $2k off that if you're a good negotiator. You're now up $5k, great right? Well considering over the 39 months you spend about $7200 more in payments alone, you're now $2k ahead on the lease, again in a perfect world.

That's all assuming that nothing major happens to the vehicle during that time. If some jackass hits me, that hole widens even further. I'd prefer for the bank to take that risk instead of me. That's not including countless other variables that could come into play to devalue a car (new model about to be relased, etc). Most people are buried in their cars for a reason unfortunately.

If you're going to keep the car for 6+ years, then yeah, purchasing is the way to go, but for someone like myself who has no plans to keep the car more than a few years, buying makes absolutely no financial sense. Plus I get the little perks such as lowered DTI, etc.

In what world would it make sense to spend an extra $200/mo and worry about dozens of different variables at the end of 3 years to hopefully only lose $2k. No thanks, I'll stick to my lease.

But you never factored in the continuous money you'll keep throwing at cars? I will have mine paid for in a year or less...no payments...it just - stops...where as if I had a lease I would jump into another continuing to pay...ever heard of ATT's next plan? Same principal...paying for nothing to show only to keep paying..

[Teebsa]

For the point of that argument, it was whether it made more sense to finance or lease for short term ownership. That one is pretty clear.

Of course, if you're going to keep the car long term then yes, you should buy. However someone like me who likes a new car every few years (hello 2017 ATSV!) it just doesn't make sense to purchase.

[BEASSTING]

FYI OP...there's a Chevy customer service rep that's on these boards a good bit so be careful what you post if you're worried about your warranty. He seems like a ok person & may have actually helped some people..idk??? But at the end of the day, GM pays him!!! Just sayin...