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Malibu Maxx LT Lease questions
by jpatrick1
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Apr 08, 2006 (4:41 pm)
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HI Car_man
Living in Zip Code 14072 NY
Looking for the residual values and money factors for the following:
2006 Malibu Maxx LT, 36mo/12k and if there are any Lease incentives.
Thanks for all your help.
Patrick
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- #9 of 103
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Re: Malibu Maxx LT Lease questions [jpatrick1]
by Car_man HOST
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Apr 20, 2006 (9:17 am)
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Replying to: jpatrick1 (Apr 08, 2006 4:41 pm)
Hello jpatrick1. GMAC, General Motors' captive finance company, does not use money factors to calculate vehicles' lease payments. It publishes lease rates instead. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400. If you were to lease a 2006 Chevrolet Malibu Maxx LT through GMAC right now for 36 months with 12,000 miles per year, its base lease rate and residual value should be 3.7% and 56%, respectively. I do not believe that GM is currently providing any cash incentives on leases of this car right now.
Car_man
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- #10 of 103
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'06 and '07 lease questions
by fuelcellguy
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Sep 14, 2006 (2:19 pm)
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Are there still lease deals on '06 malibu LT sedan? What are the residuals and Money factors for 27 and 36 months. Any lease or bonus cash?
Also, can anyone let me know what they are for an '07 Malibu Maxx SS. I am looking at 27 and 36 months, 15K miles a year.
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- #11 of 103
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Re: '06 and '07 lease questions [fuelcellguy]
by Car_man HOST
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Sep 19, 2006 (2:59 am)
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Replying to: fuelcellguy (Sep 14, 2006 2:19 pm)
Hello fuelcellguy. Unfortunately, General Motors is no longer providing lease support on the 2006 Chevrolet Malibu. It may still be possible to take advantage of its current cash incentives and lease one through an independent bank, but if you really want to lease you are probably better off going with a 2007 model. GMAC's current base lease rate and residual values for a 27 month lease of a 2007 Chevrolet Malibu V6 with 15,000 miles per year are 3.7% and 58%, respectively. The numbers for an otherwise identical 36 month lease are 3.7% and 49%, respectively. As you can see, GMAC publishes lease rates instead of money factors for the vehicles that it leases. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400.
Car_man
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- #12 of 103
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GM Smart Buy
by ws01
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Nov 06, 2006 (11:32 am)
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Car_man, any idea if I could get GM SmartBuy option on 2006 Malibu Maxx LT in NJ? If I can do you know how it works and what would be residual value and financing rate for this car right now?
ws01
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- #13 of 103
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Re: GM Smart Buy [ws01]
by Car_man HOST
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Nov 29, 2006 (4:09 am)
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Replying to: ws01 (Nov 06, 2006 11:32 am)
Greetings ws01. GMAC's SmartBuy program is what is known as a balloon note. Balloon notes are very similar to leases in that they provide consumers with a low monthly payment and the option to purchase their vehicles after a specific period of time for a predetermined price. The main difference between balloon notes and leases is that with leases the bank's name is on your vehicle's title, while with balloon notes yours is. Leases are much much more popular than balloon notes. I believe that most consumers in your area use GMAC's SmartLease program instead of its SmartBuy program. Given the lack of popularity of balloon notes, I personally do not keep tabs on the details of them. Why do you want to go with the SmartBuy instead of a lease? Either way, GMAC is no longer offering leases or balloon notes on leftover 2006 models.
Car_man
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- #14 of 103
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Saturn Aura XR
by tgp1810
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Dec 28, 2006 (4:14 pm)
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Car_man, can you help me with these lease numbers.
Using an MSRP of 24595 and a purchase price of 22470 can you verify my lease calculations…
I used the following residual and interest numbers provided by my dealer: 54% for 36 months, 53% for 39 months and 3.75 money factor.
I get the following payments:
36 months: 329.68 (311.02 + 18.66 Michigan sales tax)
39 months: 315.15 (297.31 + 17.84 Michigan sales tax)
Thanks for your help!
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- #15 of 103
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Re: Saturn Aura XR [tgp1810]
by Car_man HOST
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Jan 02, 2007 (5:48 am)
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Replying to: tgp1810 (Dec 28, 2006 4:14 pm)
I'd be happy to help you out, tgp1810. GMAC's current base lease rate and residual value for a 36 month lease of a 2007 Saturn Aura XR with 15,000 miles per year are 3.75% and 60%, respectively. Using the prices that you mentioned in your post, an MSRP of $24,595 and a purchase price of $22,470 and the aforementioned lease program I estimate that this car's zero down, pre-tax monthly payment should be around $273.
Car_man
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- #16 of 103
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Re: Saturn Aura XR [Car_man]
by tgp1810
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Jan 02, 2007 (10:53 am)
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Replying to: Car_man (Jan 02, 2007 5:48 am)
Car_man, thank you for your help! I know that the current lease program expires today, and was wondering if you would let me know of any changes for the new year once you get them.
Thanks again!
Travis
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