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Prices Paid: Buying & Leasing Experiences Chevrolet Silverado Prices Paid and Buying Experience
675 messages, Last post on Oct 26, 2009 at 10:25 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: crewcabb (Jun 12, 2008 4:25 am) Good luck --jjf |
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Replying to: crewcabb (Jun 12, 2008 4:25 am)
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Replying to: darkblu (Jun 12, 2008 5:21 am) I haven't had mine very long, but it seems like 15 around town and 18-21 average on the highway would be normal. But if you have a heavy foot, and drive at 80mph on the highway, I bet all you would get is 13-15mpg. |
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Replying to: hotrod1965 (Jun 11, 2008 1:06 pm)
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Replying to: indianajohns (Jun 12, 2008 5:31 pm) |
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Replying to: asylum575 (Jun 11, 2008 4:30 am) |
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Replying to: hotrod1965 (Jun 11, 2008 1:06 pm) You say the truck was the Ext. Cab All-Star Edition 2WD and had a sticker price of $30,110. GMS price would at best be $28,000. You also said you got $5,000 in rebates. So, that would mean cap cost of $23,000 NOT EVEN INCLUDING ACQUISITION FEE, minus a GENEROUS? 57% residual of $17,162.70 = $5,837.30 divided by 39 = $149.67. Rent Charge at 4.75% would be $79.49 which would make your pre-tax payment $229.16 per month. Add even 7% sales tax and you are at $245.20 $245.20 a month would be the best case scenario. Add in acquistion fee and lower residual for the 39 month, even though it was the 10,000 miles, and actual GMS price closer to $29K and you are over $250 easy. If you put down money just say you did. I don't get why people come on here and lie about their deals. As I tell everyone who lies about their lease payment...POST YOUR LEASE CONTRACT NUMBERS LINE BY LINE. IF YOU ARE LYING, THE NUMBERS WILL TELL THE TALE.
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Replying to: djhalptert (Jun 13, 2008 6:03 pm) 7000 off msrp was an ok deal the last few july's. Nothing to write home about. With these machines in freefall, and many dealers not taking them in trade, a true 9000 off deal, generous residual and 2% instead of 4.75% subsidized rate off a new lease is not inconcieveable, especially if the dealer needs to make a sale to meet a target for the month. Or in a heavy truck region. I would have thought he left off the down payment too in previous years but for 20mpg trucks (especially domestic with probably a 1million+ truck overcapacity) it wouldn't surprise me now. Good luck --jjf That monthly payment is simply not possible. I'm not completely sure of the current residual and money factor but going off the May numbers here's what I come up with: You say the truck was the Ext. Cab All-Star Edition 2WD and had a sticker price of $30,110. GMS price would at best be $28,000. You also said you got $5,000 in rebates. So, that would mean cap cost of $23,000 NOT EVEN INCLUDING ACQUISITION FEE, minus a GENEROUS? 57% residual of $17,162.70 = $5,837.30 divided by 39 = $149.67. Rent Charge at 4.75% would be $79.49 which would make your pre-tax payment $229.16 per month. Add even 7% sales tax and you are at $245.20 $245.20 a month would be the best case scenario. Add in acquistion fee and lower residual for the 39 month, even though it was the 10,000 miles, and actual GMS price closer to $29K and you are over $250 easy. If you put down money just say you did. I don't get why people come on here and lie about their deals. As I tell everyone who lies about their lease payment...POST YOUR LEASE CONTRACT NUMBERS LINE BY LINE. IF YOU ARE LYING, THE NUMBERS WILL TELL THE TALE.
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I see in some posts the abbreviation ,GMS,what does that mean, I see it on a sheet the dealer gave me,and yes I forgot to ask him what that meant. I am turning in my Chevrolet 2500HD 4x4 on July 3rd ,it is a "03" ,so am looking at better gas mileage ,than 11 mpg.,it has the 6.0 in it, I wanted to buy it from the bank,but,there price on it was crazy,15,500.00,since they said they were going to send it to the auction anyways ,I wanted to see if they would discount it ,but ,hell no,they would rather take a loss at the auction,go figure!!
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Replying to: jfritsch (Jun 14, 2008 5:45 am) I paid my security deposit, lisence plate fee, tire warrenty, doc fee and first months payment up front for about $889 (had to buy a new plate$$). If you knew a little about math, you would find that you give money away if you put money down on a lease. So here's your line by line striaght off my contract. a. Gross cap cost..........27577.23 b. cap cost reduction.....$4200 (3000 loyalty cash plus 1200 all star edition cash) c. adjusted cap cost......$23377.23 d. residual value.........$19567.20 e. depreciation etc.......$3810.03 f. rent charge...............$3118.17 g. total base of monthlypayments .....$6928.20 h. lease payments .................36 (sorry, i think I said 39 initially) i. base payment....................$192.45 j. tax.....................................$11.55 Total........................................$204 You have to remeber that right now the LT1 with the power pack and the all star pack have extra discounts. This site is to help folks out about cars and trucks. I got a lot of info off here before I leased this, which I am greatful for. It is just really sad that some folks try to pump thier egos up by trying to make someone look bad, when in this case, this guy didn't get all the info, and now needs to say he is sorry to me... Next time buddy, just ask nicely to fill in all the gaps. As you can see, I am more than happy to show you how I got my payment.
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