- #98 of 112
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Re: Back to our regularly scheduled program... [Car_man]
by frankb036
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May 07, 2008 (3:06 pm)
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Replying to: Car_man (May 07, 2008 1:52 am)
Car man
what is the residual values for 24 36 months with 12k and 15k per year
What is the money factor
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- #99 of 112
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Re: Back to our regularly scheduled program... [frankb036]
by Car_man HOST
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Jun 04, 2008 (3:22 am)
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Replying to: frankb036 (May 07, 2008 3:06 pm)
Hi frankb036. GMAC's current base lease rate and residual value for a 24 month lease of a 2008 Chevrolet Malibu with 15,000 miles per year are 3.15% and 63%, respectively. The numbers for an otherwise identical 36 month lease are 3.15% and 51%. If you were to lease this car with only 12,000 miles per year, its 24 month resid would be 1% higher and its 36 month residual value would be 3% higher.
As you can see, GMAC publishes lease rates instead of money factors for vehicles. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400.
Car_man
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- #100 of 112
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Re: Back to our regularly scheduled program... [Car_man]
by frankb036
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Jun 06, 2008 (1:15 am)
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Replying to: Car_man (Jun 04, 2008 3:22 am)
thanks Car_man
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- #101 of 112
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Re: Back to our regularly scheduled program... [frankb036]
by cdcruizer05
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Jun 09, 2008 (4:21 pm)
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Replying to: frankb036 (Jun 06, 2008 1:15 am)
Car Man is that formula to calculate money factor used for any automaker?
i.e 3.15/2400
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- #102 of 112
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Re: Back to our regularly scheduled program... [frankb036]
by Car_man HOST
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Jun 23, 2008 (3:09 am)
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Replying to: frankb036 (Jun 06, 2008 1:15 am)
No problem, frankb036.
Car_man
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- #103 of 112
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Re: Back to our regularly scheduled program... [cdcruizer05]
by Car_man HOST
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Jun 23, 2008 (3:11 am)
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Replying to: cdcruizer05 (Jun 09, 2008 4:21 pm)
Hey cdcruizer05. Lease rates can always be converted into money factor equivalents by dividing them by 2400. Only GMAC and Ford Credit use lease rates though. Most other banks used money factors to calculate the interest portion of lease payments. Conversely, you can convert banks' money factors into approximate interest rate equivalents to see how attractive they are by multiplying them by 2400.
Car_man
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- #104 of 112
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Various 2008 & 2009 Malibu LT Lease Rates? [Car_man]
by skoil1357
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Aug 09, 2008 (8:30 pm)
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Replying to: Car_man (Dec 20, 2007 3:19 am)
Hello Car_man,
What are the lease rates for the 2008 & 2009 Malibu over 24/36 months at 12,000 miles for August? Out of curiosity, what are the lease rates for the Malibu Hybrid 2008 & 2009 if it's offered at all by GMAC.
Thanks
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- #105 of 112
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Re: Various 2008 & 2009 Malibu LT Lease Rates? [skoil1357]
by Car_man HOST
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Aug 18, 2008 (1:55 am)
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Replying to: skoil1357 (Aug 09, 2008 8:30 pm)
Hello skoil1357. GMAC's current base lease rate and residual value for a 24 month lease of a 2008 Chevrolet Malibu with 12,000 miles per year are 5.15% and 64%, respectively. The numbers for an otherwise identical 36 month lease are 5.15% and 54%. The 24 month numbers for an '09 Malibu are 7.6% and 64% and its 36 month numbers are 7.6% and 54%.
These numbers are all for non-Hybrid Malibus. Not surprisingly, GM is not currently providing any lease support on the Malibu Hybrid.
Car_man
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- #106 of 112
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2009 Malibu lease rates
by th83
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Nov 10, 2008 (4:45 pm)
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Hey, Car man.
How are the lease rates for the Malibu looking for this month?
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- #107 of 112
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Re: 2009 Malibu lease rates [th83]
by Car_man HOST
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Nov 17, 2008 (5:12 pm)
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Replying to: th83 (Nov 10, 2008 4:45 pm)
Hey th83. Unfortunately, for both them and you, General Motors' liquidity issues have forced it to pull the plug on both its special financing and lease programs. If you want to lease a Malibu, or even to finance one, in November you will have to do so through an independent bank. Without any manufacturer support, the lease programs that are available on the Malibu probably are not very attractive. If you are set on leasing, you will probably be better off going with a different model.
Car_man
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