42 messages,
Last post on Oct 21, 2010 at 7:15 PM
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Chevrolet Impala, Car Leasing, Car Buying, Sedan
#34 of 42 Good Lease numbers on 08 Impala SS lease?
by matt1203
May 18, 2008 (8:49 am)
I was quoted $1000 down/$429 a month (including taxes) for a 48 month 12k mile/yr lease for an 08 Impala SS with a sticker of $31670. I am in Central Florida. I am eligible for $750 loyalty cash. Sales tax rate in my area of Fl. is 7.5%
Good numbers? What are the Lease Rates and residual values?
I have talked to a number of dealers in Central Florida and they are all coming in with similar numbers which to me, don't seem that fantastic. Basically, they are offering sticker less any incentives. The only other offer I got from a dealer was that he would waive all front and back end costs for the same numbers - to get my business from the dealer who made the offer above.
Thoughts?
#35 of 42 Re: LTZ Lease Specs [pgh111]
by thekraut
May 20, 2008 (7:25 am)
Go to DaveRamsey.com and read his opinion of a car "FLEECE". My CPA said a lease was not a good decision for me, even as a business expense.
#36 of 42 Re: LTZ Lease Specs [thekraut]
by howiem2
May 31, 2008 (3:41 pm)
The sample lease example on the site has a $20,000 invoice price (technically, the "net capitalized cost," actually).
It comes up with a 36-month deal with lease payments of $313.90, which makes sense to me.
But when I try the calculations for a Chevy Impala, a pretty basic model at $22,000 minus $2,000 incentive (so $20,000), they have me at a screwy $414 a month.
How can the numbers be so far off?
Isn't a $20,000 invoice-price car going to be around $300 and change if you make a good deal, even assuming no trade-in?
I got a new 2003 Jeep Cherokee for $269 a month for 39 months, with no trade-in.
Yet the dealer is trying to get $380 a month from me for an Impala at this $20,000 invoice-price level?
What gives?
#37 of 42 Re: Good Lease numbers on 08 Impala SS lease? [matt1203]
by Car_man HOST
Jun 04, 2008 (4:26 am)
Hi matt1203. GMAC's current base lease rate and residual value for a 48 month lease of any 2008 Chevrolet Impala with 12,000 miles per year are 3.15% and 45%, respectively.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Jul 05, 2008 (4:53 pm)
Carman. Looking to see if you can give me some information. Can you provide me with the current lease rate and residuals on an 08 Impala LT2 for 36 and 48 months with 12k/yr. Also does GMAC have any lease cash available?
Thanks for the info
#39 of 42 Re: 08 Impala LT2 [c99camaro]
by Car_man HOST
Jul 07, 2008 (3:29 am)
Here's the information that you're looking for, c99camaro. GMAC's current base lease rate and residual value for a 36 month lease of any 2008 Chevrolet Impala with 12,000 miles per year are 3.15% and 55%, respectively. The numbers for an otherwise identical 48 month lease are 3.15% and 45%. GM is providing $750 lease cash on this model in certain regions.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#40 of 42 Lease assumptions
by sunnyh
Oct 21, 2010 (10:25 am)
What's the best way to find someone to assume a lease? My mom passed away and I need to get someone to take over her lease as I can't afford the turn in fee which will be abut $3000. I've tried advertising it, craigs list and flyers. Are there any reputable forums to list in? The car was barely driven and has another 34,000 miles to go. Payments are $350 month.
#41 of 42 Re: Lease assumptions [sunnyh]
by kyfdx HOST
Oct 21, 2010 (4:51 pm)
Try Swapalease.. They have the most listings and transfers, which is what you want.. You need as many people as possible to see your listing..
#42 of 42 Re: Lease assumptions [kyfdx]
by sunnyh
Oct 21, 2010 (7:15 pm)
I'd been looking at them earlier, but was not sure how legit they are, or how successful. Plus they seem to have mostly luxury car's. My mom's Impala is not a luxury car, but it is almost brand new and does have 34,000 miles still to go.
Would I be throwing my money away? Nothing on their site tells me how much, if any traffic they get.