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Chevrolet HHR: Lease Questions
by kyfdx HOST
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Jan 21, 2006 (10:26 am)
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Ask your Chevy HHR lease questions here!
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- #2 of 13
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Re: Chevrolet HHR: Lease Questions [kyfdx]
by ls2gto
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Jan 21, 2006 (12:34 pm)
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Replying to: kyfdx (Jan 21, 2006 10:26 am)
Looking for information on residuals and money factors on 2006 HHR, 12K miles/year, for two, three, and four years.
Thanks!
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- #3 of 13
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Re: Chevrolet HHR: Lease Questions [ls2gto]
by ls2gto
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Jan 25, 2006 (4:32 am)
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Replying to: ls2gto (Jan 21, 2006 12:34 pm)
Still looking for residuals and money factors for 2,3, and 4 year GMAC lease, 12k miles/year.
Thanks
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- #4 of 13
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Re: Chevrolet HHR: Lease Questions [ls2gto]
by Car_man HOST
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Mar 02, 2006 (2:37 am)
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Replying to: ls2gto (Jan 21, 2006 12:34 pm)
Hi ls2gto. According to the latest information that I have seen, if you were to lease a 2006 Chevrolet HHR through GMAC right now for 24 months with 12,000 miles per year, its base lease rate and residual value should be 6.75% and 59%, respectively. The numbers for an otherwise identical 36 month lease are 6.75% and 54%. The numbers for an otherwise identical 48 month lease are 6.75% and 44%. 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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- #5 of 13
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Re: Chevrolet HHR: Lease Questions [Car_man]
by mackdriver
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Mar 13, 2006 (8:01 am)
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Replying to: Car_man (Mar 02, 2006 2:37 am)
Don't lease anything! If you can't afford to pay for it in 3 years you can't afford it!
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- #6 of 13
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Re: Chevrolet HHR: Lease Questions [mackdriver]
by Car_man HOST
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Apr 03, 2006 (1:55 am)
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Replying to: mackdriver (Mar 13, 2006 8:01 am)
Hi mackdriver. Unfortunately, your generalization is not exactly true. There are a number of vehicles out there, such as the BMW 3-Series for example, that it would be foolish to pay cash for instead of lease. The reason is that manufacturers often provide special lease support, but no other type of incentives on certain models. If you were to pay cash for a vehicle that had an extremely attractive lease program available on it, but no special incentives for consumers who choose to finance or pay cash for it you would be missing out on free money. This is a big part of the reason why more than half of consumers who get new BMWs lease them. Whether one should lease or not all depends upon the incentives that are available on the vehicle that they want at the time they want it.
Car_man
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- #7 of 13
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Re: Chevrolet HHR: Lease Questions [Car_man]
by mel1962
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Apr 24, 2006 (5:37 am)
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Replying to: Car_man (Apr 03, 2006 1:55 am)
We leased our new 2006 HHR (Harry for short) for 4 years. At 3 years we can trade it, buy it, walk away from it so long as the miles are right. 12,000 per year. Since I hardly put that on a car we should be okay.
We got ours from Garber Auto Mall, Green Cove Springs, Florida.
Mel
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- #8 of 13
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Lease Pricing?
by edge2276
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Jun 19, 2006 (9:37 am)
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I have been trying to find a lease deal on an HHR fully loaded, but it seems they are not pushing leases with this car. I have seen fully loaded equinox's for zero down taxes included $289 per month. I was given a quote for an equinox with taxes and first month down of $450 a month and another w/ $3000 down for $350 a month both only 10,000 miles per year for 36 months. I don't understand this pricing as those payments over 3 years equal almost the full price of the car. Does anyone have suggestions on finding a decent lease price similar to the equinox which MSRP's for much higher.
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- #9 of 13
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Re: Lease Pricing? [edge2276]
by Car_man HOST
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Jul 02, 2006 (9:02 am)
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Replying to: edge2276 (Jun 19, 2006 9:37 am)
Hi edge2276. The reason why the Equinox and HHR have substantially different lease payments is because the HHR's lease program is worse and GM is not currently providing any sort of cash incentives on it. For whatever reason, perhaps demand for it is greater, supply of it is lower, or a combination of both, GM doesn't feel the need to provided a decent level of lease support on the HHR right now. If I personally was in the market for one, I would snap up the 0% financing for 6 years that GM has on it through its "72 Hour Sale" this holiday weekend. Incentives don't get much better than that.
Car_man
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- #10 of 13
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Current lease #'s
by tripowergto
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Jan 06, 2008 (12:17 pm)
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Hello,
Can anyone provide the current money factors and residuals for a 2008 HHR LT for 24 & 36 months with 12K miles per year? Can the current incentive of $1500 be used toward a lease? Can a 2007 leftover still get lease support?
Thanks in advance!!
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