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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

    

Messages Page 18 of 22

#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 steve_ 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!

#176 of 214 Re: July Lease Numbers [padegttljr] by rugratnc

Jul 15, 2012 (3:54 pm)

Replying to: padegttljr (Jul 13, 2012 11:17 am)
I'm getting ready to do a lease on a LTZ for 12,000 miles and 36 months. The residual is 58% and the money factor is .00180 or 4.32%. I know the residuals will probably be different on the LS and LT. Right now the monthly rate for me will be $412 with no money down.

#177 of 214 Question on Equinox lease by allamsie

Jul 20, 2012 (12:33 pm)

Greetings,
 
I have recently started a data gather on leasing a 2012 Chevy Equinox and am glad I found this forum! Good stuff here
 
Here is the deal:
 
2012 Equinox AWD LS
2.4L, 4CYL W/ VVT
Trans 6 SPD AUTO, AWD HD
 
Standard Equipment
 
Interior (I am told it has a little more than the bare bones model)
seat adjuster
lumbar
pwr windows
bluetooth
c. control
am/fm, cd/mp3
 
MSRP- 26,105.00
SVP- 25,280
TVP- 26,105
 
Here is the 1st deal on the table:
 
1995 down, 36mo term, 10k per year== $295 per month
1995 down, 39mo term, 10k per year== $287 per month
 
I am not really in a rush to do the deal, but would like to see what folks think about this as its the 1st deal collected.
 
With thanks and kind regards,
 
Al

Messages Page 18 of 22

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