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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

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


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#70 of 103
Re: Chevy Malibu VS. Saturn Aura [packer3] by jaxs1
Apr 06, 2008 (4:37 pm)
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Replying to: packer3 (Apr 06, 2008 4:08 pm)

I am not steering anyone anywhere. I asked for someone to post official GMAC lease numbers, not and ad from a NJ dealer's website.
 
It looks strange when someone posts information that's the opposite of what most people in the Honda Accord lease forum here are saying.
#71 of 103
Re: Chevy Malibu VS. Saturn Aura [jaxs1] by packer3
Apr 06, 2008 (5:14 pm)
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Replying to: jaxs1 (Apr 06, 2008 4:37 pm)

First of all the number I posted was from GMAC, the add I refrered to just spelled out the deal for a new 2008 Malibu not the rate, and why are you asking a Hoda pool for a GM rate, Honda has it's own seperate finance arm. Please read my articles more closely half the questions are asking are already answered, like if you read my first article I out lined all that info about miles, down payments, and monthly cost, which by the way is the most important part your monthly cost. if your budgeting to spend say $150 a month with $500 down on a leased car who cares what the rate is you wont own it at the end anyway.
#72 of 103
Re: Chevy Malibu VS. Saturn Aura [packer3] by jaxs1
Apr 06, 2008 (5:28 pm)
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Replying to: packer3 (Apr 06, 2008 5:14 pm)

This is the Chevy forum and I'm asking for the GM rate here, not in the Honda forum.
 
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.)
#73 of 103
Re: Chevy Malibu VS. Saturn Aura [packer3] by 40yearfan
Apr 06, 2008 (7:54 pm)
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Replying to: packer3 (Apr 06, 2008 12:19 pm)

If all you are worried about is dollars, I'm sure you can find a better deal than a Malibu right now as it is one of the hottest cars in the market and the dealers are selling them as fast as they can get them. If you want something new and exciting, something that everyone will stop and stare at and ask questions about, a Honda Accord is not going to cut it. That's why I got the Malibu and paid a little more for it.
 
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.
#74 of 103
Re: Lease factors on 2008 Malibu? [jao6304] by Car_man HOST
Apr 07, 2008 (2:40 am)
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Replying to: jao6304 (Mar 03, 2008 6:19 am)

Here you go, jao6304. GMAC's current base lease rate and residual value for a 36 month lease of a 2008 Chevrolet Malibu with 15,000 miles per year are 3.15% and 51%, respectively.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#75 of 103
Re: Malibu Lease - Did we get a fair deal [g6leaser] by Car_man HOST
Apr 07, 2008 (2:53 am)
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Replying to: g6leaser (Mar 25, 2008 4:48 am)

Hi g6leaser. General Motors' supplier purchase program provides pretty good deals, so you probably did fine on your Malibu, price-wise. Also, the lease rate that you were quoted is right in line with GMAC's base rate for this model. This looks like a good deal to me. Enjoy your new car.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#76 of 103
Re: Chevy Malibu VS. Saturn Aura [kinneyrhs] by Car_man HOST
Apr 07, 2008 (2:58 am)
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Replying to: kinneyrhs (Apr 05, 2008 2:19 pm)

Hi kinneyrhs. You are going to get a great deal on this car if you can lease it at the GMS price. You never mentioned how long you want to lease this car for or what mileage allowance you need, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. GMAC's current base lease rate and residual value for a 36 month lease of a 2008 Chevrolet Malibu with 15,000 miles per year are 3.15% and 51%, respectively.
 
When you figure out exactly what the MSRP and selling price of the car that you want are, you can plug them and the above lease program into the formula that is outlined in the following article to see what your lease payment will be Calculate Your Own Lease Payment.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#77 of 103
Thank You Car Man - My Lease Price by g6leaser
Apr 07, 2008 (5:00 am)
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After watching this forum and doing a ton of research on true market value's and what other people have paid for the vehicle - I did fairly well - maybe could have knocked 5 to 10 bucks off my lease price - but to put so little down (only first month payment) and to pay 370 bucks a month is fine by me for this hot new ride - so many compliments and it's fun to drive - my G6 was fun to drive, but this actually provides more enjoyment than my G6 - and that was a V6, I only have the 4 in my 2LT Malibu....
 
The residual was 53% for 39 months - which seems poor to me, the car should retain more of its value in my opinion...
#78 of 103
Re: Lease factors on 2008 Malibu? [Car_man] by jaxs1
Apr 07, 2008 (6:24 am)
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Replying to: Car_man (Apr 07, 2008 2:40 am)

Thanks. I didn't think 7% sounded even close to correct.
#79 of 103
Re: Thank You Car Man - My Lease Price [g6leaser] by packer3
Apr 07, 2008 (9:00 am)
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Replying to: g6leaser (Apr 07, 2008 5:00 am)

I guess I didn't pull that $370 a month range I quoted with no money down number out of my hat. Don't get me wrong as I said I have been leasing nothing but Chevys since 1990, and the car 2004 LS Malibu V6 great engine by the way real smooth good power and pretty quiet, I turned it in for the Accord EXP with a $1,000 down $260.00 36 mth, 12,000 miles a year one of the main reasons was the lease cost, and some quality issues. But Paying $370 for a Malibu 4cyl no way, I would have rather put down $3,000 for a BMW, or a Caddy for that kind of monthly cost.
When the 04 came out it was touted in the same way, however as you will see over time probably within the first 6 months to a year you will find the gas mileage will not match the sticker city mpg numbers and it wont get better as the car breaks in the city stop and go, rattles window, control arm squeaks, center arm rest and dash board clicking and squeaks that no dealer ever seems to find except your self. To most Bu owners keep a pocket recorder handy in the car you will need it. Mileage in the 04 I was getting 14 to 16 mpg sticker stated 23 mpg and the highway stated 32 however, I was getting up to 37mpg on a straight run that is almost better than any 4cyl on the market.You also probably haven't noticed it yet but the steering is kind of numb in reaction time that is.
Well Good luck with the new BU it is an outstanding looking car in and out and if it weren't for the past issues and gas mileage I would have loved to have gotten another one, I was just dissapointed and the leasing cost didn't help.

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