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Chevrolet HHR: Lease Questions

13 messages,  Last post on Jan 15, 2008 at 2:47 AM

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#9 of 13 Re: Lease Pricing? [edge2276] by Car_man HOST Jul 02, 2006 (9:02 am)
Replying to: edge2276 (Jun 19, 2006 9:37 am) Hi edge2276. The reason why the Equinox and HHR have substantially different lease payments is because the HHR's lease program is worse and GM is not currently providing any sort of cash incentives on it. For whatever reason, perhaps demand for it is greater, supply of it is lower, or a combination of both, GM doesn't feel the need to provided a decent level of lease support on the HHR right now. If I personally was in the market for one, I would snap up the 0% financing for 6 years that GM has on it through its "72 Hour Sale" this holiday weekend. Incentives don't get much better than that.   Car_man Host Prices Paid Forums
#10 of 13 Current lease #'s by tripowergto Jan 06, 2008 (12:17 pm)
Hello,     Can anyone provide the current money factors and residuals for a 2008 HHR LT for 24 & 36 months with 12K miles per year? Can the current incentive of $1500 be used toward a lease? Can a 2007 leftover still get lease support?   Thanks in advance!! Replies to this message: Car_man (Jan 15, 2008 2:43 am)
#11 of 13 What's a good lease deal on an LS HHR by juna Jan 13, 2008 (9:51 am)
I'm looking to lease an '08 or '07 (if I can find one) HHR LS with roof rack & remote starter with 12k miles/year for 36-39 months and zero down (except tax, title, license, 1st months pmt, etc.). What is the residual value on these, and what is the lease rate? What kind of monthly payment should I be shooting for? I want to know what a top notch deal would be on a lease for this vehicle.    I basically just want to go into the dealer and say, "If you can give me the car for $XXX per month including taxes, consider it done." And if not, I'll walk out the door. I just need to figure out how much $XXX should be.    BTW, I can get a family discount b/c someone in my immediate family worked for GM for 30+ years. Plus, I have a GM Card with a flyer stating that I can get $3000 earnings top-off (I have $2800 earnings) off select vehicles (Envoy is on the list) in January. How can I figure out what the best monthly payment is based on all of this? Replies to this message: Car_man (Jan 15, 2008 2:47 am)
#12 of 13 Re: Current lease #'s [tripowergto] by Car_man HOST Jan 15, 2008 (2:43 am)
Replying to: tripowergto (Jan 06, 2008 12:17 pm) Hello tripowergto. Here's the information that you're looking for. GMAC's current base lease rate and residual value for a 24 month lease of a 2008 Chevrolet HHR LT with 12,000 miles per year are a terrible 8.3% and 55%, respectively. The numbers for an otherwise identical 36 month lease would be 8.3% and 47%. As you can see, GMAC publishes lease rates instead of money factors for the vehicles that it leases. You can convert these rates into approximate money factor equivalents by dividing them by 2400, so a lease rate of 8.3% is equivalent to a factor of around .00346.   The $1,500 customer cash that General Motors is providing on the 2008 HHR is not compatible with this lease program. GM is no longer providing lease support on 2007 models.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#13 of 13 Re: What's a good lease deal on an LS HHR [juna] by Car_man HOST Jan 15, 2008 (2:47 am)
Replying to: juna (Jan 13, 2008 9:51 am) Hey juna. GMAC's current base lease rate and residual value for a 36 month lease of a 2008 Chevrolet HHR with 12,000 miles per year are 8.3% and 47%, respectively. The lease rate for a 39 month lease would be the same, but its residual value would be 1% higher. As you can see, like the Equinox that you are also considering the HHR's lease program is pretty bad right now. I would be happy to use this lease program to estimate what your monthly payment would be if you provide me with the MSRP and approximate selling price of the exact vehicle that you want.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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