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Prices Paid: Buying & Leasing Experiences Chevrolet Equinox Lease Questions
58 messages, Last post on Nov 14, 2009 at 8:46 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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??
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Replying to: soccer14 (Jul 08, 2008 12:13 pm) 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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anyone out there lease a new equinox yet? wondering about buying versus leasing one since it is the new model.
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Replying to: lablover2 (Jul 28, 2009 3:15 am) |
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Replying to: timmboj (Jul 28, 2009 3:40 am) |
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Replying to: timmboj (Jul 28, 2009 3:40 am) The US Bank program has $280 lease cash available through it, but there is no lease cash available on GMAC leases. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Car_man (Aug 18, 2009 2:12 am) What is "Lease Cash"? And do you happen to know if the governments tax credit on new cars purchased in 2009 applies to leased vehicles?
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Replying to: timmboj (Aug 18, 2009 2:59 am) That's a good question about the tax credit. It might apply to leased vehicles, but they technically are in the bank's name not yours. Hmmmm, I think that an accountant would be more qualified than myself to answer that one. The FAQ section for this program (link) on the IRS site doesn't even address this issue. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: timmboj (Aug 18, 2009 2:59 am) |
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Replying to: Car_man (Aug 18, 2009 2:12 am)
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