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Prices Paid: Buying & Leasing Experiences Chevrolet Malibu Lease Questions
103 messages, Last post on Jun 23, 2008 at 4:11 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: kinneyrhs (Apr 05, 2008 8:06 am) I don't know about the Aura, but if you want the V6 on the Malibu, you won't be able to get it on the base model. It's only available on the LT2 with the engine package option or is standard on the top of the line LTZ. I have an LT2 with the engine package and am really pleased with it. I drive pretty hard with a lot of city driving and am averaging better than 21 MPG with the air conditioner running (I live in the Phoenix, Az. area). The sticker price on my car was around $25,000 with the engine package option.
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Replying to: 40yearfan (Apr 05, 2008 9:54 am) Also, assuming I can get the GMS price on a car (22k MSRP would be about 20k I guess), should I be able to get a lease payment for under $300/mo. incl taxes, fees, etc with $0 down?
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Replying to: kinneyrhs (Apr 05, 2008 2:19 pm) Hopefully Car_Man will check this thread out and give you the info you need to figure your lease costs. How long a lease are you looking for? |
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Replying to: kinneyrhs (Apr 05, 2008 2:19 pm) I turned in my leased Equinox and just leased a 2008 PontiacTorrent AWD 39 months 12,000 miles per year. Cost of the SUV was $24,600. $1,000 out of my pocket only I had $600.00 in GM Credit Card dollar points, and there was $2,500 in rebates from GM/Dealer Total of $4,100 down payment. My monthly payment is $315.00 a month. I just turned in my leased Malibu, however due to the high lease cost on the new Malibu starting with the base model, I leased a 2008 Honda Accord LXP 36 month 12,000 miles per year the cost of the car was $21,500. $1,000 out of my pocket only, $300.00 dealer incentive Total of $1,300 down. My monthly payment is $260.00 per month. The car is awesome first Japanese car I ever had. I just saw an ad in todays paper from a local Chevy Auto Mall on RTE 17 in Paramus NJ and they are showing the 2008 Malibu LS 4cyl 39 months 10,000 miles per year cost for the car is $20,075, lease cost per month is $199.00 plus tax $1,500 in GM/Dealer incentives included in the deal, $3089 due at inception. This doesn't include taxes which will bring up the cost on the monthly price of $199.00, plus you have to include reg. documentation fee cost on top of the $3,089. My guess is that if you put nothing down on this car it will proably run you between $375 to $425 a month Also I priced out the new Vibe base model and Saturn Astra also all automitics, the Vibe was $2300 down 39 mths 10,000 miles $325.00 per month, the Astra was $2,300 down $375 per month, thats why the Honda came into play.
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Replying to: packer3 (Apr 06, 2008 12:19 pm) The only way to know what the payments would be is to know the exact money factor, length of term and mileage, residual and capitalized cost. I see many people posting in the Honda Accord lease forum that the 2008 Accord's lease deals are not very good and there are no lease incentives and other vehicles are recommended if you want great lease deal. There were supposed to be at least mild lease incentives on the Malibu that would make the lease money factor rate lower than 7%. Can someone post the official GMAC April lease numbers (money factor, residual for 12K and 15K miles, bank fee and security deposit (if any)) on the 2008 Malibu?
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Replying to: jaxs1 (Apr 06, 2008 12:42 pm)
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Replying to: packer3 (Apr 06, 2008 4:08 pm) It looks strange when someone posts information that's the opposite of what most people in the Honda Accord lease forum here are saying.
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Replying to: jaxs1 (Apr 06, 2008 4:37 pm)
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Replying to: packer3 (Apr 06, 2008 5:14 pm) I only mentioned the Honda forum because you said you got such a great lease deal on an Accord when others are posting so-so deals and are telling people to go look at Acura TLs and TSXs if they want a bargain lease. I have also heard that there was some lease support on the Malibu, but your info doesn't show that. The rate and everything that goes with it matters because they're all connected. The payments are calculated based on a formula that needs all the information. Payments and down payments do not just appear out of the air. Your information doesn't make sense. I'm looking for someone such as Car_Man to post all the information needed to calculate the payment and total cost on a Malibu lease this month (money factor, residuals, security deposit, bank fee etc.)
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Replying to: packer3 (Apr 06, 2008 12:19 pm) While I was washing my Malibu in the driveway this afternoon, every person that walked past stopped by to look at it and that happens every weekend. It's nice to drive a car that a lot of people desire.
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