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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 2 of 23

#2 of 214 Re: Chevrolet Equinox: Lease Questions [kyfdx] by leaselooker

Mar 10, 2006 (11:04 pm)

Replying to: kyfdx (Feb 26, 2006 10:54 am)
Alrighty then...I'm interested in leasing an Equinox but can't find anything on Chevy's website about leasing. Is Chevy currently offering any deals to come anywhere near what Honda is offering on the CR-V?
 
I can't find any GM lease deals on the web...don't they lease or are the residuals so low leasing isn't attractive?
 
Thanks for the reply...

#3 of 214 Re: Chevrolet Equinox: Lease Questions [leaselooker] by Car_man HOST

Apr 03, 2006 (2:48 am)

Replying to: leaselooker (Mar 10, 2006 11:04 pm)
Hi leaselooker. General Motors is running a special lease on the 2006 Chevrolet Equinox. Its lease program varies depending upon how long you lease for and how many miles per year you are allowed to drive. For now, I will assume that you are interested in a 36 month lease with 12,000 miles per year. Let me know if you want something different. If you were to lease a 2006 Chevrolet Equinox AWD through GMAC on or before April 4th for 36 months with 12,000 miles per year, its base lease rate and residual value should be 6.5% and 59%, respectively. As you can see, GMAC publishes lease rates instead of money factors for the vehicles that it leases. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400. So a lease rate of 6.5% is equivalent to a money factor of around .00271.
 
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#4 of 214 2006 Equinox LT MF and residuals by madmanager1

Apr 13, 2006 (6:32 am)

I'm looking for MF and residuals on an 2006 Equinox LT...looking at 36 or 48 months, either 12K or 15K miles. Want to do something in April so please let me know as soon as you can. THanks.

#5 of 214 Re: 2006 Equinox LT MF and residuals [madmanager1] by Car_man HOST

Apr 20, 2006 (9:14 am)

Replying to: madmanager1 (Apr 13, 2006 6:32 am)
Greetings madmanager1. GMAC, General Motors' captive finance company, does not use money factors to calculate vehicles' lease payments. It publishes lease rates instead. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400. If you were to lease a 2006 Chevrolet Equinox LT 4WD through GMAC right now for 36 months with 15,000 miles per year, its base lease rate and residual value should be 6.5% and 56%, respectively. The numbers for an otherwise identical 48 month lease should be 6.5% and 49%. If you were to lease with only 12,000 miles per year, the 36 month residual value would be 3% higher and the 48 month residual would be 2% higher.
 
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#7 of 214 looking for opinions by shawn11

Apr 29, 2006 (12:02 pm)

I currently have a truck that is getting 16mpg on average. I am upside down on the loan. I am considering an equinox lease. Is this a good idea.

#8 of 214 Equinox LS by greg_ny

May 08, 2006 (7:17 am)

Just got my few days ago from Island Chevy in Staten Island New York.
"LS" FWD with 16" ALUMINUM wheels & head curtain side impact air bags (sandstone metallic)
27 month lease with no money down $266 per month do to great promotions from CHEVY.

#9 of 214 rates, etc., help please by upndwn

May 15, 2006 (7:58 am)

I am back in the market and would appreciate some information about the Equinox.
 
Does Chevy change programs monthly?
Are there featured money factors and lease periods?
The incentives page speaks about customer cash, which would reduce capital cost, but are there some GM products with programs that are more favorable than others?
I would probably be looking for 30 or 36 months and 15,000 per mile. Might consider 12,000 but would need to know the over mileage penalty.
 
Thanks Carman and, now, Kfdx. You were both helpful with my last lease and I am happy you are still a resource.

#10 of 214 Re: rates, etc., help please [upndwn] by Car_man HOST

May 18, 2006 (5:08 am)

Replying to: upndwn (May 15, 2006 7:58 am)
Hi upndwn. GMAC's lease rates and residual values usually last for two to three months, but its cash incentives often including the cash that is available on leased vehicles usually changed about every month. If you were to lease a 2006 Chevrolet Equinox AWD through GMAC through July 5th for 36 months with 15,000 miles per year, its base lease rate and residual value should be 6.5% and 56%, respectively. This truck's 12,000 mile per year residual value for this term would be 3% higher.
 
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#11 of 214 2006 Chevrolet Equinox by fish8

Jun 23, 2006 (3:47 am)

I hope someone can help me. I am going car shopping with my Mother-in-law this afternoon and would like the monthly lease payment on the following car:
 
2006 Chevy Equinox LS
MSRP: $22,385
 
Selling price: $19,193.20
 
Term: 36 or 48 months.
 
Thanks!!!

Messages Page 2 of 23

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