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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 5 of 22

#35 of 214 Re: Chevrolet Equinox: Lease Questions [kyfdx] by soccer14

Jun 18, 2008 (5:48 am)

Replying to: kyfdx (Feb 26, 2006 10:54 am)
I'm in Syracuse, NY. My lease is up in September. I just got a call for early release out of my lease. I have a 2006 Equinox LS 12,300 miles AWD. The purchase price to buy this case is 16624.69 (according the GMAC) - the dealership is telling me they will sell it to me for 14980.00 and my payments would be 259 a month. I'm not sure I understand all this. Is this a good deal for me??

#36 of 214 Early Release: Eqinox by claufenb

Jul 05, 2008 (4:35 pm)

My lease comes up in March 2009. I was wondering if there will be an early out offered to me? I have leased the last 3 of my vehicles and have always been offered an early release on my contract. Will GMAC still be offering this?

#37 of 214 Re: Early Release: Eqinox [claufenb] by Car_man HOST

Jul 07, 2008 (2:46 am)

Replying to: claufenb (Jul 05, 2008 4:35 pm)
Hi claufenb. General Motors usually offers some sort of early lease termination program, but it rarely lets lessees out of their vehicles more than three months prior to their scheduled end dates. You're still nine months out, so I have a feeling that you are going to have to wait until you are closer to your scheduled end date to get something new.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#38 of 214 2006 Chevy Equinox LT available for lease takeover by leesah71

Jul 07, 2008 (5:09 pm)

You can take over my existing lease. I love the car but with our move to Hawaii cannot afford the payments any longer. Lease is with GMAC and terms are $450.90 per month and expires 12/2009. I used to drive a lot for the company I used to work for so I purchased extra miles. It allows 18,000 miles per year but since moving to Hawaii a year ago, only have 33,000 miles on it now. It's been an awesome car and I love it and hate to have to give it up. If interest, let me know. We can arrange shipping.

#39 of 214 Lease Question - Need Advice by soccer14

Jul 08, 2008 (1:13 pm)

I'm in Syracuse, NY. My lease is up in September. I just got a call for early release out of my lease. I have a 2006 Equinox LS 12,300 miles AWD. The purchase price to buy this case is 16624.69 (according the GMAC) - the dealership is telling me they will sell it to me for 14980.00 and my payments would be 259 a month. I'm not sure I understand all this. Is this a good deal for me??

#40 of 214 Re: Lease Question - Need Advice [soccer14] by Car_man HOST

Jul 22, 2008 (2:16 am)

Replying to: soccer14 (Jul 08, 2008 1:13 pm)
Hi soccer14. In order to determine whether it would be a good idea to purchase your leased Equinox, you need to compare the price that you were quoted for it to what it is currently worth on the open market. There's no reason to pay more for your truck than someone off the street would have to pay for a similar one. You should be able to get an idea of how much this truck is worth right now by visiting the Edmunds.com Used Car Appraiser.
 
If you determine that this is an attractive selling price, then turn your attention to how you will pay for it. If you want to finance, pay attention to the interest rate that you are being charged, not the monthly payment. The lower the interest rate is, the lower your payment will be. It's usually a good idea to get pre-approved to finance any vehicle that you want to purchase prior to discussing financing with dealers. Doing so serves two purposes. It gives you an idea of what sort of interest rate you qualify for and it often motivates dealers to try to beat the rate that you are pre-approved at.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#41 of 214 2010 leases? by lablover2

Jul 28, 2009 (4:15 am)

anyone out there lease a new equinox yet? wondering about buying versus leasing one since it is the new model.

#42 of 214 Re: 2010 leases? [lablover2] by timmboj

Jul 28, 2009 (4:40 am)

Replying to: lablover2 (Jul 28, 2009 4:15 am)
I'm interested in leasing too, but I've not seen much talk about it. CarMan or Kyfdx, is GMAC still offering any lease incentives, especially for the Equinox?

#43 of 214 Re: 2010 leases? [timmboj] by wallyuwl

Aug 03, 2009 (12:19 am)

Replying to: timmboj (Jul 28, 2009 4:40 am)
If there are are special lease rates (an "incentive" rate) it will be listed on Edmunds. I just bought a new 2010, and as of the July incentives there were no special lease rates. There was just the Conquest Cash, military cash, and GMAC financing (a horrible 6.9%, but it is a new model - I got 5% locally). The August incentives will be out soon, but I doubt there will be anything for special lease offers.

#44 of 214 Re: 2010 leases? [timmboj] by Car_man HOST

Aug 18, 2009 (3:12 am)

Replying to: timmboj (Jul 28, 2009 4:40 am)
Hi timmboj. General Motors' financial problems forced it to pull the plug on leasing for a while, but it has finally reintroduced it on select models...including the 2010 Equinox. Its lease program on this truck varies by region. In a few states it is promoting a special lease through US Bank with a special rate of 4.56% for 36 to 39 months. In most states it is running a special lease through GMAC featuring a lease rate of 3.0% again for 36 to 39 months.
 
The US Bank program has $280 lease cash available through it, but there is no lease cash available on GMAC leases.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

Messages Page 5 of 22

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