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Chevrolet Equinox Lease Questions

40 messages,  Last post on Jul 22, 2008 at 2:16 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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

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#37 of 40 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 Host Prices Paid: Buying & Leasing Experiences Forum
#38 of 40 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 40 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?? Replies to this message: Car_man (Jul 22, 2008 2:16 am)
#40 of 40 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 Host Prices Paid: Buying & Leasing Experiences Forum

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