127 messages,
Last post on May 10, 2013 at 4:55 PM
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Chevrolet Cruze, Car Buying, Car Leasing, Sedan
#98 of 127 Residual and Money Factor as of Jan 2013
by benneyb
Jan 11, 2013 (10:44 am)
Car man, as always much appreciate your efforts here.
Could you please give me the MF and Residuals for a Cruse 1LT for both 10k and 12k per year, 24 month and 36 month leases? Many thanks.
#99 of 127 Re: 2013 Cruze Lease-Money Factor and Residual [alejo0401]
by Car_man HOST
Jan 22, 2013 (5:09 pm)
Hello alejo0401. Ally's base lease rate and residual value for a 36-month lease of a 2013 Chevrolet Cruze with 15,000 miles per year are 3.2% and 56%.
General Motors is providing a $950 cash incentive on leases of this car right now. When you combine that cash with the $600 or so spread between this car's MSRP and dealer invoice price, I would say that a discount of $1,130 should be possible.
Car_man
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#100 of 127 Re: Residual and Money Factor as of Jan 2013 [benneyb]
by Car_man HOST
Jan 22, 2013 (5:11 pm)
Thanks benneyb. General Motors current base lease rate and residual value for a 24-month lease of a 2013 Chevrolet Cruze 1LT with 12,000 miles per year are 4.1% and 69%.
The numbers for an otherwise identical 36-month lease are 3.2% and 58%.
The residual values for leases with only 10,000 miles per year would be 1% higher.
Car_man
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#101 of 127 2013 cruze Lease
by 77racing1
Jan 26, 2013 (12:56 pm)
Carman Thanks for all the info u provide
My question is on a 2013 Cruze with MSRP of 19020 and the incentives that u have listed from GM my dealership wants 18890 as the agreed upon price. in a worksheet and other sources Im showing that the price wold be around 18411.36..Dealer says that price is more then his invoice price..Is there room to negotiate there or not also is there a GREAT deal of hold back for dealer on this vehicle .any info would help to negotiate a better lease deal thanks
#102 of 127 Re: 2013 cruze Lease [77racing1]
by benrey23
Jan 26, 2013 (9:19 pm)
There is not a great deal of holdback on a Chevy Cruze at any price. The salesman will likely make a $100 flat regardless. I would say if they have treated you well then the price they suggested is good. When it is all said and done the salesman gets a commission which wont be much, the managers will get something, there is advertising cost, holding cost depending on age in inventory, clean up crew to prep the car when shipped and for delivery, ect. The point is on a Chevy Cruze the leases are very good. I understand the need to make sure you are getting a fair deal. 18,411 is probably close to invoice making it about 400 over. I would say that is a fair deal. We have not even mentioned the fact the Cruze is a great car, great fuel mileage with a great warranty. You picked a good one.
#103 of 127 Re: 2013 cruze Lease [benrey23]
by 77racing1
Jan 27, 2013 (10:47 am)
I appreciate the feedback ..It just feels like Im missing something ..I dont feel like 200 under MSRP is getting a good deal
#104 of 127 Re: 2013 cruze Lease [77racing1]
by dylrex
Jan 27, 2013 (1:28 pm)
Just my opinion 77racing1 but I don't think that's a good deal at all. I would shoot for at least invoice minus any rebates and such that are out there.
It's a nice car but definitely not MSRP worthy.
#105 of 127 2013 Cruze lease
by bonita8
Feb 04, 2013 (12:48 pm)
Is this deal good?
I am trying to get a Chevy Cruze (basic) and the dealer gave me this deal
36 month lease, 10K miles per year (since I rarely break 8K)
$6500 check to me
$169/month
I am trading my '04 MDX with a value of about 9000 in KBB.
How does this deal sound? they added in tinted windows and remote start
#106 of 127 Re: 2013 Cruze lease [bonita8]
by 77racing1
Feb 08, 2013 (12:24 pm)
Do you have any incentives that you qualify for
#107 of 127 Need current February lease rates
by metalgear454
Feb 12, 2013 (4:44 am)
Hi, can anyone provide me with the current lease rates /residual for February on the Cruze 1LT automatic for 24 mos. and 36 mos w/15,000 miles? Also the cash incentive from the lease company? Thanks!