Chevrolet Equinox Lease Questions

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

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

    

#166 of 214 Re: money factor and residual, cap costs... [neelm] by Car_man HOST

Apr 18, 2012 (4:13 pm)

Replying to: neelm (Apr 03, 2012 12:02 pm)
You can use the cash incentives to negotiate a low capitalized cost for the vehicle that you want to lease.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#167 of 214 Re: ally rates for 2lt AWD [jmanga] by Car_man HOST

Apr 18, 2012 (4:15 pm)

Replying to: jmanga (Apr 18, 2012 6:21 am)
Hi jmanga. Ally's current base lease rate and residual value for a 36-month lease of a 2012 Chevrolet Equinox 2LT AWD with 15,000 miles per year are 1.2% and 48%.
 
The lease cash is $1,825 for 4-cylinder Equinox models. It was increased for V6 models.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#168 of 214 lease cash by 62vette

Apr 22, 2012 (2:56 pm)

Hey CarMan-
 
How does the lease cash work? If they have advertised leases with 1800 down (just throwing it out there) would lease cash potentially wipe out the down?
 
I am considering one of these but would prefer lower down. Is there an advertised "special" on a 36 month lease that includes payment? I see the 24 month 229 a month offer. I like the payment but not the down payment on that one.

#169 of 214 Re: lease cash [62vette] by 62vette

Apr 26, 2012 (4:54 pm)

Replying to: 62vette (Apr 22, 2012 2:56 pm)
I was at the dealership on Tues, drove the car. Talked for a while etc. I have a 2003 Silverado I can sell to the dealership and 2 other chevys. They talked about loyalty programs, incentives and all sorts of great stuff.
 
They had the standard Ally offer mentioned above. The MSRP was about 24350, the base model.
 
I would like a 36 month lease. They called today and offered me a 39 month lease with 740 down and 299 a month. I looks to be a couple bucks a month more than the offered lease. I would expect less depreciation the last 15 months to make it cheaper.
 
The offered by Ally is 7395 for 24 months (308 a month avg). This offer was 12102 (310 a month avg) for 39 so almost 5k depreciation the last year/15 months? How does this look to everyone else? I don't want a 39 month lease for starters and my goal was lower down. I thought they would come back with a lower down and the same payment.
 
They the sam car on the lot for sale for $21,980. But said sale prices on cars do not effect the lease prices. I can see where that comes from but still expected better. maybe someone can help me I am off base.
 
Thanks!

#170 of 214 2012 chevy equinox awd ltz lease option by mrssword

May 22, 2012 (12:40 pm)

So we are looking at leasing a smaller suv & the equinox is one of the options. This is the current deal on the table. Located in eastern, CT.
36 month lease at 12K miles
Going with the AWD LTZ 4 cylinder MSRP 30,970.
+ with additional options totaling 2,920. = 33,890.
The military pricing they gave us on this was $32,100. Net selling price
Lease cash 1,250.
Acq fee 0
Down payment 0
We have a net trade in of 3,700.
Ancillary/other 1,580.
Dispo waiver fee 200.
Net cap 28,930 (I'm calculating 28,400)
Money factor is 0.00139 or 3.34% w/ Tier 1 credit
Residual 17,623 at 52%
Showing a payment of 378.80 w/o taxes (I'm calculating a 363. Payment by these numbers but I'm new to this)
 
I feel like this money factor is high for tier 1 credit. Anyone have any thoughts on the money factor & this deal in particular. Thanks

#171 of 214 Active duty & shopping? by Stever@Edmunds HOST

Jun 07, 2012 (1:17 pm)

Are you an active duty member of the U.S. military in the process of shopping for a new or used car? A news reporter is interested in talking with you. Please contact predmunds.com by June 30, 2012.

#172 of 214 Equinox Lease Questions by dps06

Jun 08, 2012 (12:21 pm)

Carman,
 
Do you have the lease rate and lease cash for the Equinox LS and 1LT AWD for 24 months with 15k miles per year?
 
I understand that the LS model has $500 lease bonus cash?
 
Thanks

#173 of 214 Re: Equinox Lease Questions [dps06] by Car_man HOST

Jun 18, 2012 (4:36 pm)

Replying to: dps06 (Jun 08, 2012 12:21 pm)
Hey dps06. Ally's current base lease rate and residual value for a 24-month lease of a 2012 Chevrolet Equinox LS AWD with 15,000 miles per year are 1.0% and 58%, respectively.
 
The numbers for an otherwise identical lease of a 2012 Equinox 1LT AWD are 1.0% and 56%.
 
GM is currently providing a $2,400 cash incentive on 24-month leases of 4-cylinder Equinox models and $2,900 on V6 Equinox models through Ally.
 
You're right, there is an additional $500 on LS models.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#174 of 214 Equinox lease comparison by fuelcellguy

Jun 20, 2012 (5:30 pm)

Carman,
I was wondering if you could let me know who has the best lease numbers, Ally, US Bank or GM Financial for a 2012 Equinox LS AWD 4Cyl 36 or 39 months 15k miles/year in Rochester, NY? I see what you have been posting for Ally, but not for the others. I have a dealership that is telling me GM Financial is the best, but wanted to make sure.
It looks like there is a lot of bonus cash available...ie, $500 for LS models, $1000 for lease conquest and I was told another $500 for people with high Tier credit. Are all of these available from each of these banks? Hopefully I am not looking for too much info, I just wish there was a place to get this info rather than having to bother you.

#175 of 214 July Lease Numbers by padegttljr

Jul 13, 2012 (11:17 am)

Hi, can anyone help with the July 2012 lease numbers on an LS and LT w/ 12k miles?
 
Thanks!
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