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Chevrolet Malibu Lease Questions

206 messages,  Last post on Jun 11, 2013 at 3:33 PM

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

    

Messages Page 14 of 21

#128 of 206 Re: March Lease Terms Malibu LTZ [neil22] by Car_man HOST

Jun 02, 2010 (3:55 am)

Replying to: neil22 (May 23, 2010 4:36 am)
Hi neil22. The $3,200 cash incentive on leases of the 2010 Chevy Malibu through GMAC definitely exists. Any dealer who tells you otherwise is either confused or more likely lying to you. You don't have to prove anything to the dealer. They know darn well what the programs are. If they're going to try to mislead you then you should call them on it. If they insist that they're not lying, you should take your business elsewhere. I'm sure that there's tons of Chevrolet dealers in your state that would be happy to have your business.
 
If you opt to finance this car, then you can't use any cash incentives...but you get a fantastic rate of 0% for 5 years.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#129 of 206 LTZ Lease Terms For Fall 2010 by macolicious

Jun 03, 2010 (6:21 pm)

Hello Car_man. I am new to this forum but have read all 7 pages. I thank you for your excellent information. My 2007 Impala SS is coming off lease on September 3. This has been a truly wonderful car. Fast. Remarkably fuel efficient if I can keep off the accelerator. I have a tear in my eye because GM is not introducing new SS models at this time. OK, I have a SmartLease. I have a feeling I will be getting "sticker shock" when I see the new lease payments. Can you tell in advance what cash incentives for leases GMAC will have? If I'm starting a lease in September, is it less expensive to get a 2010 or 2011 model (there will be few differences, predicted major changes for 2012)? Is there any advantage to ordering, buying off their lot or dealer transfer? I will have any cash incentive, GM MasterCard cash and supplier discount. The lease I'm thinking of is 36 months, 12,000 miles per year (could be less). Thanks in advance.

#130 of 206 Re: LTZ Lease Terms For Fall 2010 [macolicious] by Car_man HOST

Jun 24, 2010 (3:00 am)

Replying to: macolicious (Jun 03, 2010 6:21 pm)
Welome macolicious. That's a lot of pages to read through. I'm impressed.
 
General Motors' current lease program is only scheduled to run through July 6th. It is very difficult to say what its lease program will be like on the car that you are interested in all the way in September. General Motors itself probably doesn't know at this point. A lot will depend upon what the market is like and how well this vehicle is selling.
 
I generally find that consumers are able to negotiate the best deals by negotiating with dealers on vehicles that they physically have on their lot. Dealers are interested in turning over their existing inventory as quickly as possible so they can stop paying floor plan interest. Furthermore, dealers can deliver units that they have in stock very quickly. The longer a transaction takes from start to finish, the more chance there is that the deal will fall apart. So dealers want to get your car out the door ASAP.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#131 of 206 lease on 2011 LS by axjoke1

Jun 24, 2010 (6:15 am)

Car_man, could you look up the lease rate and residual for a 2011 Malibu LS, 39 month lease with 12,000 miles. I'm putting nothing down, but just first months payment, taxes, and security.
 
Also could you post the lease rate/residual for an equivalent 2010 model? Much thanks, your help is always appreciated.

#132 of 206 Re: LTZ Lease Terms For Fall 2010 [Car_man] by autoboy19

Jun 25, 2010 (8:55 am)

Replying to: Car_man (Jun 24, 2010 3:00 am)
Carman,
 
I was looking for the residual values for the Malibu LTZ and LT1 for the 24 month and 27 month terms. I also heard that the interest rate on these leases through GMAC is .01%? That sounds crazy, if you take into account the 3200 lease cash. I was wondering if you could confirm.
 
Thanks

#133 of 206 Re: lease on 2011 LS [axjoke1] by Car_man HOST

Jun 28, 2010 (2:47 am)

Replying to: axjoke1 (Jun 24, 2010 6:15 am)
Hi axjoke1. General Motors just introduced incentives on the 2011 Chevrolet Malibu a couple of days ago. Unfortunately, it is not providing lease support on the '11 version of this car yet. It only has 5.9% financing for up to 6 years or $1,000 customer cash.
 
It is running a special lease on the 2010 Malibu though. Through July 6th, GMAC's base lease rate and residual value for a 39 month lease of a 2010 Chevrolet Malibu LS with 12,000 miles per year are 0.75% and 45%, respectively.
 
When negotiating your deal on this car, make sure to take advantage of the $3,200 cash incentive that General Motors is currently providing on leases of it through GMAC.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#134 of 206 Re: LTZ Lease Terms For Fall 2010 [autoboy19] by Car_man HOST

Jun 28, 2010 (2:48 am)

Replying to: autoboy19 (Jun 25, 2010 8:55 am)
Hey autoboy19. The last time that I checked, GMAC was not providing support on 24 month leases for any model. It does have support for 36 month leases though.
 
Through July 6th, GMAC's 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.
 
The numbers for an otherwise identical lease of a '10 Malibu LT1 are 0.75% and 44%.
 
The $3,200 lease cash that you mentioned is correct.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#135 of 206 2010 Malibu LS Lease offer by mernelvia

Jul 10, 2010 (5:59 am)

I just received my pull ahead offer from GMAC on a 2010 Malibu LS. It is for $199 per month for 39 months with $2,079 due at signing, with a MSRP of $22,545.00. (Note: Disclaimer; Example based on survey...dealerships?!?). This offer is for 1,000 miles per mo. or 39,000 mi. total.
The $2,079 due at signing (per example) is to include; Security deposit, tax, title & license along with "dealer fee's". My first question is; I thought if you had "excellent" credit that the security deposit would be waived. Is this true?
Second: In another post you mentioned a $3,200.00 GMAC incentive that can also be used on leases.
So I don't get jerked around at the dealerships, can you please tell me how this incentive would work if I was to lease a 2010 Malibu LS with a MSRP of $22,545 as in their example.
Any help you can give me in dealing with the dealerships on this offer would be greatly appreciated.

#137 of 206 2010 Malibu Lease Offer by cyman98

Jul 16, 2010 (11:07 am)

I received a pull ahead offer and am wondering if the deal is a good one or if I should wait a little longer...possible through lease end for something better. Here's what I was offered:
 
Malibu 1 LS
 
39 months
 
12,000 miles per year
 
$1,173.90 down (That is $718.39 for tax, title, and license, $256.51 for first payment, and $199 for our documentation fee)
 
$256.51 per month
 
Is this a good deal or should I hold out?

Messages Page 14 of 21

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