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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 18 of 23

#162 of 214 money factor and residual, cap costs... by longschlng22

Mar 26, 2012 (12:46 am)

Hi carman... I was wondering what the money factor, residual on 36 months was for the 12 equinox fwd LS with msrp 24,555.
 
what bonus cash is available for leases as well?...i was wondering what the difference was between the conquest for 1000, us ally for 500, us bank for 500, and us financial for 1000 and 1500.

#163 of 214 Re: money factor and residual, cap costs... [longschlng22] by Car_man HOST

Apr 02, 2012 (3:57 pm)

Replying to: longschlng22 (Mar 26, 2012 12:46 am)
Hi longschlng22. Ally's current base lease rate and residual value for a 36-month lease of a 2012 Chevrolet Equinox LS FWD with 15,000 miles per year are 1.2% and 50%, respectively.
 
As you can see, Ally 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.
 
General Motors is currently providing a $1,825 cash incentive on 36-month leases of this version of the Equinox through Ally. There's an additional $500 available on top of that on the LS trim level. If you are a current lessee of a non-GM vehicle, you can get another $1,000 on top of that.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#164 of 214 Re: money factor and residual, cap costs... [Car_man] by neelm

Apr 03, 2012 (12:02 pm)

Replying to: Car_man (Apr 02, 2012 3:57 pm)
Quote : General Motors is currently providing a $1,825 cash incentive on 36-month leases of this version of the Equinox through Ally. There's an additional $500 available on top of that on the LS trim level. If you are a current lessee of a non-GM vehicle, you can get another $1,000 on top of that.
 
How does this work ? Is it reduced from the negotiated price or from total lease cost over the lease period ?

#165 of 214 ally rates for 2lt AWD by jmanga

Apr 18, 2012 (6:21 am)

Does anyone know what the current Ally rates are for an Equinox 2LT AWD in the NYC region?
 
I think there is still 1850 lease cash from ally,
 
Thanks

#166 of 214 Re: money factor and residual, cap costs... [neelm] by Car_man HOST

Apr 18, 2012 (4:13 pm)

Replying to: neelm (Apr 03, 2012 12:02 pm)
You can use the cash incentives to negotiate a low capitalized cost for the vehicle that you want to lease.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#167 of 214 Re: ally rates for 2lt AWD [jmanga] by Car_man HOST

Apr 18, 2012 (4:15 pm)

Replying to: jmanga (Apr 18, 2012 6:21 am)
Hi jmanga. Ally's current base lease rate and residual value for a 36-month lease of a 2012 Chevrolet Equinox 2LT AWD with 15,000 miles per year are 1.2% and 48%.
 
The lease cash is $1,825 for 4-cylinder Equinox models. It was increased for V6 models.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#168 of 214 lease cash by 62vette

Apr 22, 2012 (2:56 pm)

Hey CarMan-
 
How does the lease cash work? If they have advertised leases with 1800 down (just throwing it out there) would lease cash potentially wipe out the down?
 
I am considering one of these but would prefer lower down. Is there an advertised "special" on a 36 month lease that includes payment? I see the 24 month 229 a month offer. I like the payment but not the down payment on that one.

#169 of 214 Re: lease cash [62vette] by 62vette

Apr 26, 2012 (4:54 pm)

Replying to: 62vette (Apr 22, 2012 2:56 pm)
I was at the dealership on Tues, drove the car. Talked for a while etc. I have a 2003 Silverado I can sell to the dealership and 2 other chevys. They talked about loyalty programs, incentives and all sorts of great stuff.
 
They had the standard Ally offer mentioned above. The MSRP was about 24350, the base model.
 
I would like a 36 month lease. They called today and offered me a 39 month lease with 740 down and 299 a month. I looks to be a couple bucks a month more than the offered lease. I would expect less depreciation the last 15 months to make it cheaper.
 
The offered by Ally is 7395 for 24 months (308 a month avg). This offer was 12102 (310 a month avg) for 39 so almost 5k depreciation the last year/15 months? How does this look to everyone else? I don't want a 39 month lease for starters and my goal was lower down. I thought they would come back with a lower down and the same payment.
 
They the sam car on the lot for sale for $21,980. But said sale prices on cars do not effect the lease prices. I can see where that comes from but still expected better. maybe someone can help me I am off base.
 
Thanks!

#170 of 214 2012 chevy equinox awd ltz lease option by mrssword

May 22, 2012 (12:40 pm)

So we are looking at leasing a smaller suv & the equinox is one of the options. This is the current deal on the table. Located in eastern, CT.
36 month lease at 12K miles
Going with the AWD LTZ 4 cylinder MSRP 30,970.
+ with additional options totaling 2,920. = 33,890.
The military pricing they gave us on this was $32,100. Net selling price
Lease cash 1,250.
Acq fee 0
Down payment 0
We have a net trade in of 3,700.
Ancillary/other 1,580.
Dispo waiver fee 200.
Net cap 28,930 (I'm calculating 28,400)
Money factor is 0.00139 or 3.34% w/ Tier 1 credit
Residual 17,623 at 52%
Showing a payment of 378.80 w/o taxes (I'm calculating a 363. Payment by these numbers but I'm new to this)
 
I feel like this money factor is high for tier 1 credit. Anyone have any thoughts on the money factor & this deal in particular. Thanks

#171 of 214 Active duty & shopping? by steve_ HOST

Jun 07, 2012 (1:17 pm)

Are you an active duty member of the U.S. military in the process of shopping for a new or used car? A news reporter is interested in talking with you. Please contact predmunds.com by June 30, 2012.

Messages Page 18 of 23

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