Last post on Dec 05, 2013 at 4:14 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Chevrolet Cruze, Car Buying, Car Leasing, Sedan
#1 of 137 Chevrolet Cruze Lease Questions
by kyfdx@Edmunds HOST
Aug 18, 2010 (4:55 pm)
Ask your Cruze lease questions here!
#2 of 137 Lease Support on the Cruze?
Oct 22, 2010 (8:09 am)
Is there currently any lease support on the Cruze? If so, I would appreciate Money Factor and Residual for 36 months and 12K per year.
#3 of 137 Re: Lease Support on the Cruze? [moe35]
Nov 01, 2010 (2:49 am)
Hello moe35. General Motors is indeed providing lease support on the new Cruze right now. Its current program is scheduled to run through the end of today November 1st. Ally's current base lease rate and residual value for a 36 month lease of a 2011 Cruze LS with 12,000 miles per year are 1.35% and 55%, respectively.
GM is scheduled to introduce its new November programs some time tomorrow.
Prices Paid: Buying & Leasing Experiences Forum
#4 of 137 cruze lease
Nov 01, 2010 (10:13 pm)
i quote from local dealer the detail about cruze yesterday,
"$200 a month with approx.
$3500 total due at signing (including tax, title and license)."
The price is way too high for me ,with that i can get a 2011 camry!
anybody have lease information want to share?
Nov 24, 2010 (7:46 am)
LTZ Lease Rate (Apx. $24k) Quoted by CA dealer:
$2000 down (includes registration, taxes, etc.)
2% interest rate.
#6 of 137 Cruze lease deal...
Jan 21, 2011 (2:46 pm)
Current Cruze deal for current owners...
39 month $159 $899 down...
How would the payments change if I took another $2000 off thru GM card ?
Then subtracted another $2000 with a trade in ????
What if I bumped it up to 15000 miles a year?
In general are 39 month lease a plus or minus vs. 36 month leases?
#7 of 137 How is this deal?
Feb 07, 2011 (1:06 pm)
About to accept this negotiated deal in NJ.
24 month, 12K lease for a Chevy Cruze 1LT with Driver Convenience Package (Driver 6-way power seat adjuster with manual recliner; Rear Parking Assist; Remote vehicle starter system) and Connectivity Plus Package (Cruise control; Bluetooth for phone; USB port located in center console; Steering wheel-mounted audio controls; Leather-wrapped shift knob; Leather-wrapped steering wheel).
RV % : 67%
Net Cap: $17,617
Total Monthly Payment (incl taxes): $229
Inception Fee: $595 bank fee + $229 first month
Sound about right?
#8 of 137 Re: How is this deal? [thandamilk]
Feb 09, 2011 (8:19 am)
#9 of 137 Re: How is this deal? [thandamilk]
Feb 10, 2011 (8:29 pm)
It sounds good but I wanted to add that GM just sent a mailing out advertising 1000 off the the capitilized cost reduction amount . They also have 1ooo off for owner loyalty but you can't combine the 2. the capitilized reduction is until 2/28/11 . I don't own a Chevy so I don't know why i was chosen to receive the mailing . 1-866-944-4004 is the number to inquire. Also who is going to hold your lease Ally? I like the lease end residual value percentage your getting did you negotiate it? Since the model is new and have no resell data I wonder how they arrive at that percentage of depriciation.
#10 of 137 Re: How is this deal? [ireland1]
Feb 11, 2011 (4:13 am)
Thanks for your inputs.
First they quoted me a lease with GM Financial, and said that's the new company they're encouraging lease deals with. Quoted 206 per month including taxes with 595 (bank fee) + first month's down. I ran some numbers and figured this was way too good to be true. They'd need to go about $1000 below invoice to offer this deal.
When they started processing the deal must've figured they're getting rogered. Came back and said "Just wanted to be transparent with you, GM Fiancial doesn't offer Gap protection on their leases". We recommend going with Ally (GMAC).
Basically couldn't offer the 206 a month deal (I wasn't surprised) and bumped up to 234 a month (which, if you do the math with the numbers above is whereabouts it should've been).
Since then, I've been able to negotiate keeping the same price (234 all inclusive a month) while getting them to deliver the color of my choice - granite black.
The owner loyalty is already applied to my cap reduction - which is why they're able to sell this at below invoice. Am sure they're still making money off me otherwise they wouldn't sell me the car, but feels like its a win win. Am happy with the car and the deal. Hope to be closing tomorrow.