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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 21 of 23

#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
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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.

#199 of 214 Re: Equinox lease [jpjanko] by Car_man HOST

Mar 05, 2013 (4:56 pm)

Replying to: jpjanko (Feb 26, 2013 11:06 am)
You're welcome jpjanko. I'm glad that I was able to help you out. Enjoy your new Equinox.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#200 of 214 Re: Purchase experience [buster6] by Car_man HOST

Mar 05, 2013 (4:58 pm)

Replying to: buster6 (Feb 27, 2013 7:50 pm)
You're very welcome buster6. Thanks for stopping back to let us know how everything turned out. Wow, it sounds like you got a great deal. $300 per month on 2-year lease of an Equinox is pretty darn attractive. Enjoy your new ride !
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#201 of 214 2013 Equinoz LTZ FWD. by go2sno

Mar 10, 2013 (9:31 am)

Carman,
 
Thanks for the info on the Lacrosse. My wife is also interested in the Equinox LTZ so I am trying to run some numbers on that as well. Same paramaters 36 mos. 15,000 miles.
Rate & Residual? Any incentives? We are in Mid-Michigan 48603.

#202 of 214 Lease question to Car_man by greg_ny

Mar 10, 2013 (5:08 pm)

Seems like you know a lot on the subject and maybe can help me.
I'm looking to get 36 months lease from my local (NYC) GM dealer on 6 cyl. 2013 Equinox 1LT
MSRP $27500 10 or 12K/year
Can you provide money factor & residual ?

Messages Page 21 of 23

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