02-13-2014, 03:01 PM | #1 |
Drives: black Join Date: Feb 2014
Location: huntington
Posts: 27
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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 ? |
02-13-2014, 03:15 PM | #2 |
Drives: 2011 Camaro SS/RS LS3 Join Date: Aug 2010
Location: Texas
Posts: 1,630
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isn't the residual spelled out in the contract?
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Yeah, I'll get around to it...
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02-13-2014, 03:17 PM | #3 |
It's in the hole!
Drives: '11 2SS L99 SGM, '18 2SS, M6, HWSE Join Date: Apr 2011
Location: Kentucky
Posts: 1,377
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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. |
02-13-2014, 06:39 PM | #4 |
Drives: Camaro Join Date: Sep 2013
Location: NOVA
Posts: 1,718
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To many unknown variables. With a lease the interest rate makes a difference just like a purchase.
Residuals are good on these cars. |
02-13-2014, 06:42 PM | #5 | |
Drives: Camaro Join Date: Sep 2013
Location: NOVA
Posts: 1,718
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Quote:
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. |
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02-13-2014, 08:43 PM | #6 |
Drives: black Join Date: Feb 2014
Location: huntington
Posts: 27
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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. |
02-14-2014, 07:53 AM | #7 | |
It's in the hole!
Drives: '11 2SS L99 SGM, '18 2SS, M6, HWSE Join Date: Apr 2011
Location: Kentucky
Posts: 1,377
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Quote:
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02-14-2014, 12:33 PM | #8 | |
Drives: 2014 2SS, 2013 Equinox LTZ Join Date: Jan 2014
Location: Phoenix
Posts: 29
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Quote:
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. |
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02-14-2014, 10:56 PM | #9 | |
Drives: black Join Date: Feb 2014
Location: huntington
Posts: 27
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Quote:
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02-17-2014, 10:50 AM | #10 | |
Drives: 2014 2SS, 2013 Equinox LTZ Join Date: Jan 2014
Location: Phoenix
Posts: 29
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Quote:
#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. |
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02-17-2014, 05:18 PM | #11 |
Drives: Camaro Join Date: Sep 2013
Location: NOVA
Posts: 1,718
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02-18-2014, 09:33 AM | #12 | |
Drives: 2014 Camaro SS Join Date: Feb 2014
Location: Miami
Posts: 3
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Quote:
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. |
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02-18-2014, 11:24 AM | #13 |
Drives: 2014 2SS, 2013 Equinox LTZ Join Date: Jan 2014
Location: Phoenix
Posts: 29
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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.
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