Ask the Car People.SM


Chevrolet Equinox Lease Questions

214 messages,  Last post on May 08, 2013 at 4:20 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

What is this discussion about? Chevrolet Equinox, Car Leasing, SUV

    

Messages Page 16 of 22

#145 of 214 Re: Lease Rates [kyfdx] by Car_man HOST

Aug 01, 2011 (5:04 pm)

Replying to: kyfdx (Jul 25, 2011 5:56 pm)
Keep in mind too that the interest on the HELOC is likely deductible, while the interest on a car loan or lease would not be. That should eat into some of the difference as well. You'd be better off taking the money that you're saving from not having a car payment and using that to pay down your HELOC a month at a time. That's what I would do anyhow.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#147 of 214 2012 Equinox Lease Offer Decent? by dango

Dec 13, 2011 (10:16 am)

Does this sound like a fair 39 mo. lease deal?(many moving parts) Numbers straight from ACAR/GM Fin Lease Agreement:
   2012 Equinox 1LT w/ Driv Conv Pkg, Protect pkg, Cross rails
   MSRP $26785
    
Only $352 1st mo pmt due at signing. Rolling Acq fee into Mo Pmt at 1.1%int
   Base Cap Cost 25744 (Negot price)
   Taxes 6.25% 808 (pd for GM Fin by me?Is that how they do it?)
   Acquis Fee 650
     Gross Cap Cost 27202
   Residual 14196 (53% based on MSRP)
   Money Factor .00046 (1.1% int rate)
 
   Total Rent Charge 742 ($19/mo)
   Total Depreciation 13006 (334/mo)(tax incl in here)
   Total Mo. Pmts 13748 ***$352.52/Month*** for 38 more mos.
    
No addl Doc fee or Sec Dep charged. $350 due at Disposition.
These actual numbers should help those looking at 2012 Equin 1LT leasing.
Any issues observ or questions (dealer tricks) I'm overlooking?

#149 of 214 Chevy Equinox 2012 Actual Lease Numbers by dango

Dec 14, 2011 (9:12 am)

Does this sound like a fair 39 mo. lease deal?(many moving parts) Numbers straight from ACAR/GM Fin Lease Agreement:
   2012 Equinox 1LT w/ Driv Conv Pkg, Protect pkg, Cross rails
   MSRP $26785
     
Only $352 1st mo pmt due at signing. Rolling Acq fee into Mo Pmt at 1.1%int
   Base Cap Cost 25744 (Negot price)
   Taxes 6.25% 808 (pd for GM Fin by me?Is that how they do it?)
   Acquis Fee 650
     Gross Cap Cost 27202
   Residual 14196 (53% based on MSRP)
   Money Factor .00046 (1.1% int rate)
  
   Total Rent Charge 742 ($19/mo)
   Total Depreciation 13006 (334/mo)(tax incl in here)
   Total Mo. Pmts 13748 ***$352.52/Month*** for 38 more mos.
     
No addl Doc fee or Sec Dep charged. $350 due at Disposition.
These actual numbers should help those looking at 2012 Equin 1LT leasing.
Any issues observ or questions (dealer tricks) I'm overlooking?

#150 of 214 Re: Chevy Equinox 2012 Actual Lease Numbers [dango] by dango

Dec 14, 2011 (9:15 am)

Replying to: dango (Dec 14, 2011 9:12 am)
Wondering how much profit dealer booked on the above deal

#151 of 214 Re: 2012 Equinox Lease Offer Decent? [dango] by Car_man HOST

Dec 14, 2011 (5:11 pm)

Replying to: dango (Dec 13, 2011 10:16 am)
Hi dango. This deal appears to be around $500 to $600 or so over dealer invoice and the lease rate looks good. I'd say that this is a decent deal.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#152 of 214 Equinox 24 month Lease by rman850r

Dec 15, 2011 (12:24 pm)

Replying to: Car_man (Dec 14, 2011 5:11 pm)
Carman,
 
Do you have the 24 month residual and CCR for the Equinox 1LT and 2LT AWD and FWD with 10k miles per year?
 
I assume the rate is still 1.1%?
 
I am really interested in these GM (Ally) 24 month leases this month.
 
Thanks

#153 of 214 2012 Equinox LS Money Factor and Residual 36 months 15k by awoolford

Jan 06, 2012 (2:03 pm)

Hi does anyone know what the current money factor and residual vaule for the 2012 chevy Equinox LS lease for 36 months with 15k miles a year from Ally.

#154 of 214 Re: 2012 Equinox LS Money Factor and Residual 36 months 15k [awoolford] by dango

Jan 15, 2012 (7:46 am)

Replying to: awoolford (Jan 06, 2012 2:03 pm)
I leased a '12 Equinox LT in Dec. for 39 mos. with 12K mi/yr. Money Factor was .00046 and residual was 53%. For 15k, resid may be in 46% range? See above post from dango

Messages Page 16 of 22

To POST a message, please Sign In.

Advertisement

Browse by Category

Browse by Vehicle
   View All Vehicles

Browse by Board
Browse by Topic
View All Topics

Edmunds Community

Advertisement