Who Purchased Their Leased Car? - Page 5 - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

SlingShot · 10-22-2015, 03:47 PM

Quote:

Originally Posted by BlueN20Camaro

Honestly if all I posted wasn't enough then idk what to tell you. You win I quit if the intelligence isnt there, nothing I can do. Most don't buy BECAUSE THEY ARENT IN COLLEGE TRYING TO KEEP AN SS. Can you honestly read the entire thread then respond I might just quit on myself by the lack of intelligence I've been seeing today.

So it's only a good deal if your in college? Think maybe just getting a lesser car would be in order ?

BlueN20Camaro · 10-22-2015, 03:49 PM

Quote:

Originally Posted by SlingShot

So it's only a good deal if your in college? Think maybe just getting a lesser car would be in order ?

I quit man, I cannot with you. You win. I didn't think it was possible but you proved me wrong. Congrats man you truly are skilled.

ssump29 · 10-22-2015, 04:04 PM

What I find troubling and seems bad information is whomever claiming to get a 2SS or whatever for 36,480. LOL what year. Also when you lease the purpose of a lease is because you pay no interest, so how the hell at the end are you getting a bank to loan you the balance for another five years and oh yeah at zero percent interest. I have an 839 out 850 credit score and no bank is giving out 0% on an auto loan, sorry it just doesn't work. So to keep your payment the same is a lie and not happening, no bank is going to loan you free money on what they would consider at that time a used car no matter how great your credit is. Ya'll may think you've fooled people not in the finance and banking world, but this guy here isn't. Stop spreading lies.

SlingShot · 10-22-2015, 04:04 PM

NPD much ?

xrivera91 · 10-22-2015, 04:05 PM

Quote:

Originally Posted by BlueN20Camaro

I quit man, I cannot with you. You win. I didn't think it was possible but you proved me wrong. Congrats man you truly are skilled.

Lmao they say quit while you're ahead. I understand you.

SlingShot · 10-22-2015, 04:07 PM

Quote:

Originally Posted by ssump29

What I find troubling and seems bad information is whomever claiming to get a 2SS or whatever for 36,480. LOL what year. Also when you lease the purpose of a lease is because you pay no interest, so how the hell at the end are you getting a bank to loan you the balance for another five years and oh yeah at zero percent interest. I have an 839 out 850 credit score and no bank is giving out 0% on an auto loan, sorry it just doesn't work. So to keep your payment the same is a lie and not happening, no bank is going to loan you free money on what they would consider at that time a used car no matter how great your credit is. Ya'll may think you've fooled people not in the finance and banking world, but this guy here isn't. Stop spreading lies.

Agreed ... Your gonna pay it somewhere

BlueN20Camaro · 10-22-2015, 04:14 PM

Quote:

Originally Posted by SlingShot

Agreed ... Your gonna pay it somewhere

Its a 1SS. And it's 36 WOTHOUT TAX AND DEALER FEES. Once you add all together with interest its 40K but hey you know what you know

JLSuperfly · 10-22-2015, 04:17 PM

Quote:

Originally Posted by ssump29

What I find troubling and seems bad information is whomever claiming to get a 2SS or whatever for 36,480. LOL what year. Also when you lease the purpose of a lease is because you pay no interest, so how the hell at the end are you getting a bank to loan you the balance for another five years and oh yeah at zero percent interest. I have an 839 out 850 credit score and no bank is giving out 0% on an auto loan, sorry it just doesn't work. So to keep your payment the same is a lie and not happening, no bank is going to loan you free money on what they would consider at that time a used car no matter how great your credit is. Ya'll may think you've fooled people not in the finance and banking world, but this guy here isn't. Stop spreading lies.

This.

ssump29 · 10-22-2015, 04:22 PM

Quote:

Originally Posted by BlueN20Camaro

Its a 1SS. And it's 36 WOTHOUT TAX AND DEALER FEES. Once you add all together with interest its 40K but hey you know what you know

A 2015 1SS before taxes are 34,500 or soo. So againnnnnnnnnnnnnnn 380 for eight years still isn't correct. Look you made up some bull and got called on it. Stop defending this lie. now you self correcting and saying 40k make up your mind its either 380 a month for a full 8 years or not. simple your lyingggggggggggggggggggg

Moto-Mojo · 10-22-2015, 04:32 PM

I'm chiming back in late...I walked in with a purchased 3 year old 45th V6. I said I want that 2SS for the same monthly payment. I was fully expecting to leave in the car I drive there. They couldn't or wouldn't do it as a purchase but did as a lease. I certainly don't think I pulled one over on anyone. They seemed willing to deal as summer was coming to an end and I got what I wanted. Of course, I'm stating over with payments but driving what I want.

There was a time when it was almost a guarantee that the residual was going to be more than the car's value but that has changed. I should be able to keep it or sell it and come out.

Moto-Mojo · 10-22-2015, 04:35 PM

I will also do "some" modding because as was said here, until you hold the title, you don't own it anyway.

PalmerGA · 10-22-2015, 04:44 PM

Quote:

Originally Posted by xrivera91

Exactly! It really differs between cases. If I would have financed my ss I would be paying $200 more per month.

But your lease is for, how long... 3 years? A full financed loan would be, what... 5 years? So you're done after a 5 year traditional loan, but after 3 years of a lease, how many more years for a buyout? I'm just asking. Never leased. Made no sense to me.

jcampos · 10-22-2015, 04:50 PM

Lmao!

Moto-Mojo · 10-22-2015, 04:53 PM

This is by no means a study in, "how to buy a car." If you can, walk in and pay cash. No fuss, no muss, no INTEREST!

In my case, I had a SEVEN year loan on the 45th. (I know, that sux too) I had four more years to pay on a car I was not happy with. I wanted the SS. I put nothing down, they paid off my car, (I actually got $300 in overages back) and have a 3 year lease with a $27K residual. A 2012 2SS with all my options - and low miles because neither of mine are DD's, Blue Books right now to a private owner at $27K.

So, in three years, I can get a new leased 6th Gen, secure a loan for the $27K and keep, or sell the car and get out from under the lease altogether. It's my first time too. Am I missing a big 'gotcha?' Is the buyout, just that? No tax?

I could conceivably be paying on a car for 6-8 years. I also have a business to help with lease write-offs. t just doesn't generate tons of cash...

10-22-2015, 04:04 PM	#59
ssump29 LOL at most people here. Drives: 2005 GTO,2006 M6, 2007 300 Touring Join Date: May 2009 Location: MI Posts: 1,331 View My Garage	What I find troubling and seems bad information is whomever claiming to get a 2SS or whatever for 36,480. LOL what year. Also when you lease the purpose of a lease is because you pay no interest, so how the hell at the end are you getting a bank to loan you the balance for another five years and oh yeah at zero percent interest. I have an 839 out 850 credit score and no bank is giving out 0% on an auto loan, sorry it just doesn't work. So to keep your payment the same is a lie and not happening, no bank is going to loan you free money on what they would consider at that time a used car no matter how great your credit is. Ya'll may think you've fooled people not in the finance and banking world, but this guy here isn't. Stop spreading lies. __________________ Number 5952. oh yeahhhhhhh

10-22-2015, 04:04 PM	#60
SlingShot Drives: 2012 ZL1 - #670 Join Date: Jun 2009 Location: Seminole, Fl. Posts: 8,009	NPD much ? __________________

10-22-2015, 04:32 PM	#66
Moto-Mojo Fast Cars and Old Guitars Drives: 2015 2SS RS (L99, baby!) Join Date: Apr 2012 Location: N. CA Posts: 4,217	I'm chiming back in late...I walked in with a purchased 3 year old 45th V6. I said I want that 2SS for the same monthly payment. I was fully expecting to leave in the car I drive there. They couldn't or wouldn't do it as a purchase but did as a lease. I certainly don't think I pulled one over on anyone. They seemed willing to deal as summer was coming to an end and I got what I wanted. Of course, I'm stating over with payments but driving what I want. There was a time when it was almost a guarantee that the residual was going to be more than the car's value but that has changed. I should be able to keep it or sell it and come out. __________________ “I don’t want to belong to any club that would have me as a member.” - Groucho Marx

10-22-2015, 04:35 PM	#67
Moto-Mojo Fast Cars and Old Guitars Drives: 2015 2SS RS (L99, baby!) Join Date: Apr 2012 Location: N. CA Posts: 4,217	I will also do "some" modding because as was said here, until you hold the title, you don't own it anyway. __________________ “I don’t want to belong to any club that would have me as a member.” - Groucho Marx

10-22-2015, 04:53 PM	#70
Moto-Mojo Fast Cars and Old Guitars Drives: 2015 2SS RS (L99, baby!) Join Date: Apr 2012 Location: N. CA Posts: 4,217	This is by no means a study in, "how to buy a car." If you can, walk in and pay cash. No fuss, no muss, no INTEREST! In my case, I had a SEVEN year loan on the 45th. (I know, that sux too) I had four more years to pay on a car I was not happy with. I wanted the SS. I put nothing down, they paid off my car, (I actually got $300 in overages back) and have a 3 year lease with a $27K residual. A 2012 2SS with all my options - and low miles because neither of mine are DD's, Blue Books right now to a private owner at $27K. So, in three years, I can get a new leased 6th Gen, secure a loan for the $27K and keep, or sell the car and get out from under the lease altogether. It's my first time too. Am I missing a big 'gotcha?' Is the buyout, just that? No tax? I could conceivably be paying on a car for 6-8 years. I also have a business to help with lease write-offs. t just doesn't generate tons of cash... __________________ “I don’t want to belong to any club that would have me as a member.” - Groucho Marx

10-22-2015, 04:50 PM	#69
jcampos Drives: 2014 Chevy Camaro SS Join Date: Dec 2014 Location: San Antonio Posts: 821	Lmao!