- #103 of 112
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Re: Back to our regularly scheduled program... [cdcruizer05]
by Car_man HOST
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Jun 23, 2008 (3:11 am)
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Replying to: cdcruizer05 (Jun 09, 2008 4:21 pm)
Hey cdcruizer05. Lease rates can always be converted into money factor equivalents by dividing them by 2400. Only GMAC and Ford Credit use lease rates though. Most other banks used money factors to calculate the interest portion of lease payments. Conversely, you can convert banks' money factors into approximate interest rate equivalents to see how attractive they are by multiplying them by 2400.
Car_man
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- #104 of 112
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Various 2008 & 2009 Malibu LT Lease Rates? [Car_man]
by skoil1357
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Aug 09, 2008 (8:30 pm)
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Replying to: Car_man (Dec 20, 2007 3:19 am)
Hello Car_man,
What are the lease rates for the 2008 & 2009 Malibu over 24/36 months at 12,000 miles for August? Out of curiosity, what are the lease rates for the Malibu Hybrid 2008 & 2009 if it's offered at all by GMAC.
Thanks
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- #105 of 112
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Re: Various 2008 & 2009 Malibu LT Lease Rates? [skoil1357]
by Car_man HOST
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Aug 18, 2008 (1:55 am)
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Replying to: skoil1357 (Aug 09, 2008 8:30 pm)
Hello skoil1357. GMAC's current base lease rate and residual value for a 24 month lease of a 2008 Chevrolet Malibu with 12,000 miles per year are 5.15% and 64%, respectively. The numbers for an otherwise identical 36 month lease are 5.15% and 54%. The 24 month numbers for an '09 Malibu are 7.6% and 64% and its 36 month numbers are 7.6% and 54%.
These numbers are all for non-Hybrid Malibus. Not surprisingly, GM is not currently providing any lease support on the Malibu Hybrid.
Car_man
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- #106 of 112
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2009 Malibu lease rates
by th83
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Nov 10, 2008 (4:45 pm)
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Hey, Car man.
How are the lease rates for the Malibu looking for this month?
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- #107 of 112
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Re: 2009 Malibu lease rates [th83]
by Car_man HOST
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Nov 17, 2008 (5:12 pm)
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Replying to: th83 (Nov 10, 2008 4:45 pm)
Hey th83. Unfortunately, for both them and you, General Motors' liquidity issues have forced it to pull the plug on both its special financing and lease programs. If you want to lease a Malibu, or even to finance one, in November you will have to do so through an independent bank. Without any manufacturer support, the lease programs that are available on the Malibu probably are not very attractive. If you are set on leasing, you will probably be better off going with a different model.
Car_man
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- #108 of 112
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Feb '09 lease residuals?
by wdmirish
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Feb 09, 2009 (12:46 pm)
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Is there info available on lease rates/residuals for Iowa for Feb-Mar 2009? Thanks
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- #109 of 112
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Re: Feb '09 lease residuals? [wdmirish]
by Car_man HOST
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Feb 24, 2009 (2:48 am)
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Replying to: wdmirish (Feb 09, 2009 12:46 pm)
Hi wdmirish. General Motors' financial problems have forced it to stop leasing vehicles. You still might be able to lease a Malibu, but in order to do so you would have to go through a bank other than GMAC. You probably would bee better off financing the car that you want through GMAC at 0% for up to 5 years or 1.9% for 6 years. That's what I would do if I was in the market for a new Malibu.
Car_man
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- #110 of 112
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Re: Feb '09 lease residuals? [Car_man]
by bvdj84
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Feb 24, 2009 (8:37 am)
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Replying to: Car_man (Feb 24, 2009 2:48 am)
So, I should consider myself lucky to have an 08 GM lease? My salesmen told me that I am lucky to have such a cheap lease and that I have one right now. The worst case scenario is that I keep the car the whole lease. I can walk away.
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- #111 of 112
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Re: Feb '09 lease residuals? [bvdj84]
by Car_man HOST
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Mar 10, 2009 (2:11 am)
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Replying to: bvdj84 (Feb 24, 2009 8:37 am)
Yep, bvdj84, if you really want to lease a General Motors product like the Malibu you are lucky that you did so when it was still leasing vehicles.
Car_man
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- #112 of 112
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leasing
by vanman1
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Apr 19, 2009 (2:50 pm)
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Agreed.
That said, a friend leased a CTS last month through a 3rd party. He took the cash deal and the lease payments aren't too bad though obviously not as good as the old 0.9% leases.
I feel lucky also. I got 0% for 72 months in September through GMAC on my 08 Malibu. They killed the deal 3 days after I took delivery my sales rep told me.
I suspect 3rd party lease companies will finance a Malibu because it is a good car that will likely hold it's value better than most GM cars.
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