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

    

#189 of 214 Re: 2013 Equinox 1lt [eagajanyan] by equinoxg

Feb 01, 2013 (9:12 am)

Replying to: eagajanyan (Jan 09, 2013 8:32 pm)
I think this is a great deal. Can you share if you have any trade-in, your cap cost? Where is the dealer? Thanks.

#190 of 214 2013 Equinox LS FWD by dylrex

Feb 06, 2013 (6:27 pm)

Hi Car_man.
Can you please provide February's base lease rate and residual value for a 36 and 39-month lease of a 2013 Equinox LS FWD with 12k per year?
Thank you!!
 
Tim

#191 of 214 Re: Lease rate on equinox 1LT FWD [equinoxg] by Car_man HOST

Feb 10, 2013 (8:50 am)

Replying to: equinoxg (Feb 01, 2013 9:10 am)
Here's the information that you're looking for equinoxg. Ally's February base lease rate and residual value for a 36-month lease of a 2013 Equinox 4-cylinder FWD with 12,000 miles per year are 1.58% and 60%.
 
There is a $150 cash incentive on leases of this truck through Ally right now. It's not much, but I guess that it's better than nothing.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#192 of 214 lease end fee by jpjanko

Feb 24, 2013 (8:30 am)

I just put money down for the dealer to locate an Equinox lt1 awd. Its a 0 drive off. Now I've seen that sometimes there's a $395 lease end fee. Does gm usually charge this fee. Honda and Ford never did.

#193 of 214 equinox lease by jpjanko

Feb 24, 2013 (11:06 am)

Also the dealer claimed that my $1000 gm earnings don't apply $1 for $1 on a lease. So they knocked $15 off the rate. On as 39 month lease shouldn't it be a little over $25 off per month?

#194 of 214 2013 Equinox LT1 by granular

Feb 25, 2013 (2:43 pm)

closing in on a 2013 equinox LT1. $27200 msrp , zero otd, 10k/yr mileage, 36 mos lease $249 tax included.
 
trading in 2010 Corolla LE - 5 payments left on a TMCC lease, $11500 payoff

#195 of 214 Re: lease end fee [jpjanko] by Car_man HOST

Feb 25, 2013 (4:58 pm)

Replying to: jpjanko (Feb 24, 2013 8:30 am)
Hi jpjanko. Ally runs its leases through a number of different banks. Ally does not charge a disposition aka termination fee on leases.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#196 of 214 Re: equinox lease [jpjanko] by Car_man HOST

Feb 25, 2013 (5:01 pm)

Replying to: jpjanko (Feb 24, 2013 11:06 am)
Hey jpjanko. Your GM Card earnings would be used to lower the selling price or capitalized cost of the vehicle that you want to lease. The exact impact upon your payment will depend upon what the other aspects of your lease are. It's not just as simple as dividing $1,000 by 39.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#197 of 214 Equinox lease by jpjanko

Feb 26, 2013 (11:06 am)

Ok thanks For the info. The dealer ended up giving another $10/mon off. So they basically gave $25/month off. Also they confirmed no lease end fee.

#198 of 214 Purchase experience by buster6

Feb 27, 2013 (7:50 pm)

I wanted to say a big thank you to Car_Man for helping me with several different vehicles this month. I decided on an Equinox and got the following deal.
 
LTZ V6 with nav, moon roof and chrome wheels
 
MSRP = $36,100
 
belonging to a credit union I got the supplier price of $34,803.73
 
It also capped my doc fee to $75.00 and credited my first months payment
 
2 year lease -12k per year = 72% residual and 3.75 apr
 
Rebates total $3918.44 and included
 
$2,000 gm card top off (expires tomorrow)
$1,000 lease conquest
$600 lease cash
$318.44 first payment waiver (part of belonging to a credit union)
 
all of the above was reduced directly from the cap cost to make the adjusted cap cost
 
I paid $1400 up front to include all doc, license plate, lease acc fee and first payment
 
adjusted cap cost was $30869.10
 
23 additional payments of $291.34 plus $37.10 tax totals $318.44
 
lease end value is $26,020
 
I also traded my old leased vehicle in and received a generous allowance for it (but kept is all in a separate part of the transaction).
 
I feel like a low 300 payment for a $36,000 2 year lease was very fair and love the truck so far.
 
GM Financial is the leasing company
 
Gm has also done away will all termination charges (the 2500 early fee and disposition fees).
 
there was a 3 year option with a much lower interest rate, but the monthly payment was only about 20.00 lower with that so I opted for a 2 year deal. Hope this helps someone out there with their deal.
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