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Chevrolet Malibu Lease Questions

202 messages,  Last post on May 20, 2013 at 3:52 PM

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

    

Messages Page 16 of 21

#149 of 202 Re: Malibu Lease [pk0525] by Car_man HOST

Jan 17, 2011 (6:58 pm)

Replying to: pk0525 (Jan 03, 2011 10:38 pm)
I'd be happy to help you out, pk0525.
 
Ally's January base lease rate and residual value for a 24 month lease of a 2011 Chevrolet Malibu LT1 with 15,000 miles per year are 0.15% and 56%, respectively.
 
The lease rate for an otherwise identical lease of an LT2 is the same, but the residual value drops to 52%.
 
The residual values for a lease with only 12,000 miles per year would be 2% higher.
 
General Motors is currently providing a $3,150 cash incentive on leases of these cars through Ally. There's another $1,000 cash incentive on this car for loyal customers.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#150 of 202 Re: Malibu Lease [Car_man] by carbuyer4646

Jan 29, 2011 (9:53 am)

Replying to: Car_man (Jan 17, 2011 6:58 pm)
Car_man,
 
Great info. but how do you lease through Ally? I called them up and was told that they couldn't provide any of these numbers (base lease rate, residual value). I was asked to contact my local dealership for any lease related questions.
 
I am new to leasing and I am wondering what numbers are determined by the dealership vs. being set by GMAC/Ally.
 
Any tips you can provide on how to go about it will be much appreciated.
 
(Considering leasing an LT2 for 24 months 15k miles/year)
 
Thanks!

#151 of 202 Re: Malibu Lease [carbuyer4646] by Car_man HOST

Jan 30, 2011 (12:11 pm)

Replying to: carbuyer4646 (Jan 29, 2011 9:53 am)
You're welcome carbuyer4646. What you were told is correct. Ally odes not deal directly with the general public. If you want to lease a vehicle through it, you will have to have a dealer facilitate your deal for you.
 
The main variable that the dealership has control over on your lease is your vehicle's selling price. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Make sure to negotiate as low a selling price as possible on the vehicle that you want and then have the dealer calculate your payment using its base lease rate.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#152 of 202 Re: Malibu Lease [Car_man] by carbuyer4646

Feb 02, 2011 (5:28 am)

Replying to: Car_man (Jan 30, 2011 12:11 pm)
Thanks for clearing that up. Since we are now in February, would you have the base lease rate, residual value and incentive for this month ?
 
2011 Malibu LT2 lease, 15k miles/year, 24 months or 36 months?
 
2011 Malibu LTZ lease, 15k miles/year, 24 months or 36 months?
 
Thanks for the information.

#153 of 202 Re: Malibu Lease [carbuyer4646] by Car_man HOST

Feb 02, 2011 (5:02 pm)

Replying to: carbuyer4646 (Feb 02, 2011 5:28 am)
No problem carbuyer4646.
 
Ally's current base lease rate and residual value for a 24 month lease of a 2011 Malibu LT2 with 15,000 miles per year are 0.15% and 52%, respectively.
 
The numbers for an otherwise identical 36 month lease are 1.8% and 45%.
 
The lease rates for the LTZ are exactly the same, but its residual values are 56% / 48%.
 
GM is currently providing a $3,150 cash incentive on leases of this car through Ally.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#154 of 202 LS Lease rates for Feb by klinko

Feb 05, 2011 (5:24 am)

I just want to confirm my dealers "facts". On a 24 or 27 mo lease for 2011 Malibu LS w/ 15000 miles a year he said the residual is 46% - my question is: Is this correct?
 
He quoted me roughly $225/mo with 0 down and $4150 cash incentives and supplier discount - do you think they have any more wiggle room?
Thanks Car Man

#155 of 202 Re: LS Lease rates for Feb [klinko] by Car_man HOST

Feb 07, 2011 (6:44 pm)

Replying to: klinko (Feb 05, 2011 5:24 am)
Hi klinko. This car's residual value depends upon what bank you are leasing it through. General Motors actually has three lease companies that it runs deals through at this time, Ally, US Bank, and GM Financial.
 
Supplier pricing minus any available cash incentives is a good deal. I don't think that you are going to get much better than that.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#156 of 202 Re: LS Lease rates for Feb [Car_man] by klinko

Feb 07, 2011 (7:02 pm)

Replying to: Car_man (Feb 07, 2011 6:44 pm)
Well I went back to the dealer after figuring out that I was quoted for 12k/yr the final price was $244/mo-39mo-0dn-15k year. What a great experience - if Anyone is looking in the metro Detroit area, Matthew Hargreaves is on the ball Phillip did an awesome job and I will gladly buy from him again!

#157 of 202 Re: Malibu Lease [Car_man] by carbuyer4646

Feb 10, 2011 (8:42 pm)

Replying to: Car_man (Feb 02, 2011 5:02 pm)
Thank you very much, Car_man. I appreciate it.

#158 of 202 Re: Chevy Malibu LT2 residual percentage for 39-month lease? [irncty] by hardyboy

Feb 13, 2011 (3:46 pm)

Replying to: irncty (Jul 26, 2010 1:19 pm)
I just took home a lease for the 2011 Chevy malibu with these factors.
 
MSRP: 23190
Sale Price: 21900
Acquisition: 485
MF: 2.8%
CA tax: 10%
Residual: 48%
Term: 39 months
Mileage: 12K/year
  
Monthly payment: $157
Due at signing: nothing. They even paid my 1st month.
 
I traded in my truck and got $4500 for it along with manufacturer incentives of $2500 with a dealer incentive of $500.
 
Hope this helps. I was able to get my price so low b/c of the trade in value and incentives. I told them I was a Costco member and got the Costco invoice price (well worth it) find out more about how to negotiate a good lease www.leaseguide.com.

Messages Page 16 of 21

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