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Chevrolet Malibu Lease Questions

201 messages,  Last post on May 09, 2013 at 7:30 AM

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What is this discussion about? Chevrolet Malibu, Chevrolet Malibu Maxx, Car Leasing, Sedan, Wagon

    

Messages Page 13 of 21

#115 of 201 Re: Current Offers and Lease Payments [bil2rich] by Car_man HOST

Jan 14, 2010 (4:19 am)

Replying to: bil2rich (Jan 13, 2010 9:34 pm)
Hi bil2rich. Let's take a look at the lease program for the car that you are interested in. According to the latest information that I have seen, if you were to lease a 2010 Chevrolet Malibu V6 LT2 through GMAC right now for 39 months with 15,000 miles per year, its base lease rate and residual value would be 0.75% and 41%, respectively.
 
The numbers for an otherwise identical 48 month lease are 0.90% and 34%. Ouch, 34% is a pretty bad residual value. With a resid that low, you're almost better off just financing this car through GMAC at 0% for 5 years instead of leasing it.
 
If you decide to go with a lease, make sure to take advantage of the special $2,200 cash incentive that General Motors is currently providing on leases of this car through GMAC. There is also an additional $1,000 loyalty cash on this model.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#116 of 201 Car_man, I seek your priceless wisdom by jbofctu

Feb 09, 2010 (6:47 pm)

Car_man,
 
I am looking at the '10 Malibu LTZ for a 36m lease. I have family at GM, so I am looking to take advantage of the Preferred Pricing(~800 savings) and EVA (1000) in addition to the cash rebates(2000) advertised on chevy's website.
 
However when I went to a dealer here in Northern New Jersey, they told me if I were to lease through GMAC I couldn't use any of the above mentioned discounts (~3800 worth). I would have to lease through US Bank if I wanted to use the rebates & family discounts. They gave me a interest rate of 5.52% or 0.0023!!! Thats nowhere near to the <1% you mentioned from GMAC. My payments were nearly twice that of the rates you listed in January. Are these really inillegable through GMAC , is it something specific for my region, or is total bull from the dealer? If it is bull can you let me know the February 36m/15k mi lease rates ($factor and resid) of an LTZ through GMAC, and if they are offering any rebates in addition to what I listed above. Thanks a lot, you're an amazing help in the muddy waters of car dealerships.

#117 of 201 Re: Current Offers and Lease Payments by travis08

Feb 16, 2010 (11:17 am)

Replying to: Car_man (Jan 14, 2010 4:19 am)
Hey Car Man,
I'm looking for the current numbers for an LTZ in the Detroit Metro area for 36/15k. I'm wondering if the lease and bonus cash are still available.
 
Thanks!!

#118 of 201 Re: Car_man, I seek your priceless wisdom [jbofctu] by Car_man HOST

Feb 22, 2010 (3:56 am)

Replying to: jbofctu (Feb 09, 2010 6:47 pm)
Hi jbofctu. The information that the dealer provided you with is definitely not right. It's true that General Motors is running two special lease programs on the Malibu right now, one through GMAC and the other through US Bank, but the interest rates associated with both of those programs are less than one percent - 0.75% for GMAC and 0.72% for US Bank.
 
What you were told about General Motors' normal consumer cash not being compatible with leases is correct...however GM is currently providing an even larger $2,950 cash incentive on leases through GMAC and three grand on leases through US Bank.
 
It doesn't sound like this dealer is being very straightforward with you. If I was in your situation, I'd personally find a different dealer to work with.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#119 of 201 Re: Current Offers and Lease Payments [travis08] by Car_man HOST

Feb 22, 2010 (4:00 am)

Replying to: travis08 (Feb 16, 2010 11:17 am)
Hi travis08. Here's the information that you're looking for. GMAC's current base lease rate and residual value for a 36 month lease of a 2010 Chevrolet Malibu LTZ with 15,000 miles per year are 0.75% and 45%, respectively.
 
General Motors is currently providing a $2,950 cash incentive on leases of this car plus an additional $1,000 bonus cash for a total of nearly four grand.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#120 of 201 March Lease Terms Malibu LTZ by bookman05

Mar 10, 2010 (8:33 am)

Hi everyone. I am getting close to pulling the trigger on a 2010 Malibu LTZ with 6 Cyl. There appears to be 3,000 incentive to buy (plus 1,000 additional for current Toyota owners).
 
I am more interested in leasing if the terms are good. Car_Man; could you tell me the lease terms for this car? I am interested in 15K miles/yr at either 24 or 36 months. I would love to know all the cash incentives as well as the resid and money factors. Also, can you do a one-pay? multiple security deposits?
 
Thanks so much. I know that I've asked alot of questions.

#121 of 201 Re: March Lease Terms Malibu LTZ [bookman05] by Car_man HOST

Mar 11, 2010 (4:54 am)

Replying to: bookman05 (Mar 10, 2010 8:33 am)
I'd be happy to help you out, bookman05. Don't worry about asking too many questions. That's why the forums are here.
 
General Motors is not currently providing support on 24 month leases. GMAC's current base lease rate and residual value for a 36 month lease of a 2010 Malibu LTZ 6-cylinder with 15,000 miles per year are 0.75% and 46%, respectively.
 
General Motors is currently providing a $2,680 cash incentive on leases of this car through GMAC.
 
A lot has changed at GMAC over the past year. I'm not sure if it currently offers one-pay leases of multiple security deposits. I would guess that the answer is no, but again I'm not certain.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#122 of 201 March Lease Terms Malibu LTZ by bookman05

Mar 11, 2010 (5:00 am)

Thanks so much Car_Man. Just one additional question -- Do you know how much of the rebates remain if I switch from purchase to lease mode?

#123 of 201 Re: March Lease Terms Malibu LTZ [bookman05] by Car_man HOST

Mar 15, 2010 (2:31 am)

Replying to: bookman05 (Mar 11, 2010 5:00 am)
No problem, bookman05. An impressive $2,680 of the $3,000 customer cash that is available on the 2010 Malibu this month can be used on GMAC leases.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#124 of 201 Re: March Lease Terms Malibu LTZ [Car_man] by autoboy19

May 05, 2010 (11:40 pm)

Replying to: Car_man (Mar 15, 2010 2:31 am)
Carman,
 
Do you have the current lease rates and CCR for the Chevrolet Malibu LTZ and 1LT for 36 months and 15k miles per year?
 
Thanks

Messages Page 13 of 21

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