Anyone interested in taking over a lease on a 2013 SS 1LE? - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

willc1980 · 11-22-2013, 11:57 AM

So i've hit a few unexpected problems, such is life, but before i have to pay my dealership to take in the car early i figured i would post up about it here.

So I have lease on a 2013 Camaro SS 1LE that ends in July of 2016, the payment is $499 through Ally financial, I will pay the lease transfer fees.

Ok, so, the car, It is a Victory Red 1LE, 1SS with NPP, BA sound system, just under 3500 miles, no dings or damage, plenty of tire left on all 4 corners. Aftermarket i have put a CAI intake on, black lugs, heritage grille, windows are tinted, and i have converted it to have its own clutch fluid reservoir, it also has 3M paint protection film over the entire front and the gill areas, bow ties are removed and the trim rings around the tail lights are blacked out. All in all i have about $1500-2000 in extras added.

The pic isnt super current cause its in the garage and the weather sucks her in MI right now

PM here or feel free to call

Will
734-752-8024

SKANLEZ · 11-22-2013, 11:59 PM

Good luck, I hope someone takes this deal.

King_Sai · 11-23-2013, 10:35 AM

How much more do you owe on the car? I know it paid off in 2016 but I would like the actual mount owed. Please and thank you

the_fast_one · 11-23-2013, 11:27 AM

Quote:

Originally Posted by King_Sai

How much more do you owe on the car? I know it paid off in 2016 but I would like the actual mount owed. Please and thank you

It's a lease. It will have a buy out at the end of lease

King_Sai · 11-23-2013, 12:24 PM

I understand that, but what is the actual amount you owe on the car. I might just pay it off in full.

the_fast_one · 11-23-2013, 03:11 PM

I could be wrong but leases do not work like that. Is no payoff as there is no equity in the car. It's just a long term rent for the most part. The option to buy at the end is based on the vehicles book value and not the lease payments paid. That is what I gathered from people I know that have leased

Chevy69er · 11-23-2013, 03:38 PM

Whats the residual value at lease end?

whistle pig · 11-23-2013, 05:41 PM

Generally, paying off a lease early is not an option.

The big question is what is the residual?

quarterscaleman · 11-23-2013, 08:11 PM

You can call ally for customer buy out 1-800-216-4622

brl45th · 11-25-2013, 02:31 PM

interested in residual as well...thanks.

11-22-2013, 11:57 AM	#1
willc1980 Drives: 2013 Camaro SS 1LE Join Date: Jul 2013 Location: Wyandotte, MI Posts: 157	Anyone interested in taking over a lease on a 2013 SS 1LE? So i've hit a few unexpected problems, such is life, but before i have to pay my dealership to take in the car early i figured i would post up about it here. So I have lease on a 2013 Camaro SS 1LE that ends in July of 2016, the payment is $499 through Ally financial, I will pay the lease transfer fees. Ok, so, the car, It is a Victory Red 1LE, 1SS with NPP, BA sound system, just under 3500 miles, no dings or damage, plenty of tire left on all 4 corners. Aftermarket i have put a CAI intake on, black lugs, heritage grille, windows are tinted, and i have converted it to have its own clutch fluid reservoir, it also has 3M paint protection film over the entire front and the gill areas, bow ties are removed and the trim rings around the tail lights are blacked out. All in all i have about $1500-2000 in extras added. The pic isnt super current cause its in the garage and the weather sucks her in MI right now PM here or feel free to call Will 734-752-8024 Attached Images

11-22-2013, 11:59 PM	#2
SKANLEZ Drives: 2000 Camaro SS Join Date: Dec 2009 Location: Millbrae, Ca Posts: 562	Good luck, I hope someone takes this deal. __________________ 2010 Camaro SS Mods Custom Hood Black Rear Berger Panel Magna Flow Exhaust Hurst short shifter ADM cold air intake Pedders Drop Springs (1.0/1.5) Niche Apex Wheels 20x10.5 all around 35+ offset 315/35/20 rear and 275/40/20 front tires Red Calipers

11-23-2013, 03:11 PM	#6
the_fast_one Drives: 2017 red hot zl1 Join Date: May 2012 Location: IL Posts: 857	I could be wrong but leases do not work like that. Is no payoff as there is no equity in the car. It's just a long term rent for the most part. The option to buy at the end is based on the vehicles book value and not the lease payments paid. That is what I gathered from people I know that have leased __________________ 2017 ZL1 built by GPI. Way to many mods to list 855rwhp/720rwtq

11-23-2013, 10:35 AM	#3
King_Sai Drives: 2001 Rodeo Join Date: Oct 2013 Location: Kansas Posts: 43	How much more do you owe on the car? I know it paid off in 2016 but I would like the actual mount owed. Please and thank you

11-23-2013, 12:24 PM	#5
King_Sai Drives: 2001 Rodeo Join Date: Oct 2013 Location: Kansas Posts: 43	I understand that, but what is the actual amount you owe on the car. I might just pay it off in full.

11-23-2013, 03:38 PM	#7
Chevy69er Drives: 2011 SLP ZL-585, 13' Silverado Join Date: Apr 2012 Location: Utah Posts: 242	Whats the residual value at lease end?

11-23-2013, 05:41 PM	#8
whistle pig Drives: whatever Join Date: Mar 2011 Location: mn Posts: 122	Generally, paying off a lease early is not an option. The big question is what is the residual?

11-23-2013, 08:11 PM	#9
quarterscaleman Drives: 2011 2SS/RS Join Date: Jun 2009 Location: Eden,NY Posts: 43	You can call ally for customer buy out 1-800-216-4622

11-25-2013, 02:31 PM	#10
brl45th Drives: 45th Anniversary SS Conv't Join Date: Dec 2012 Location: Ohio Posts: 85	interested in residual as well...thanks.