Last post on May 20, 2013 at 3:46 PM
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Car Buying, Car Leasing, Sedan
#3 of 30 Re: Money Factor & Residual info [cdb68]
by Car_man HOST
Mar 21, 2012 (3:41 pm)
Hi cdb68. General Motors 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.
Ally's March base lease rate and residual value for a 39-month lease of a 2012 Verano Leather with 10,000 miles per year are 1.85% and 50%, respectively.
GM is providing a paltry $150 cash incentive on leases of this vehicle through Ally right now. I guess that something is better than nothing.
Prices Paid: Buying & Leasing Experiences Forum
#4 of 30 Re: Money Factor & Residual info [Car_man]
Mar 27, 2012 (7:30 pm)
Hello, I also have a question about a lease on a Buick Verano..... They're offering 0 down, 339 plus tax per month for 24 months on a Verano base model retail $23,490 (i think) The total price after the end of the lease the consumer would pay is somewhere around $8000....
I want the verano with the convenience package, sunroof & spoiler which totals $26490. 15,000 miles per year. They're quoting me a price with tax of $339 per month w/tax with $4500 down with tier 2 credit. The way I figure it they're charging me approximately $20 more per month than tier 1 credit customers. The total I'll pay for this car over 2 years is close to $12,000.....That doesn't make sense to me??
If you can make sense of this and explain it to me I'd really appreciate it. Not sure if I'm getting taken on this one??
Thanks for your help!!
#5 of 30 Re: Money Factor & Residual info [mlisa]
Apr 06, 2012 (8:05 pm)
I was wondering if the interest rate changes from the base to the leather group options?
And I guess current values for a 24 and 39 month lease for 10k and 12k miles.
#6 of 30 Re: Money Factor & Residual info [amosz]
Apr 08, 2012 (12:41 pm)
Sorry, since I can't find an edit button.
I guess I am more interested in the interest rate and residual for the base and convince options of the verano (if different from each other).
The leather group option I saw listed above, while nicer, I think is above what I wanted to spend on the car. Based on the previously mentioned 1.85%/50%, I get a lease amount of $324/month (using fitzmall pricing).
12k and 15k miles, 24 or 36 month leases.
I'll be looking to lease a car around memorial day weekend.
Thank you very much.
#7 of 30 Re: Money Factor & Residual info [amosz]
Apr 14, 2012 (11:22 am)
Test drove the car.
Was given this offer on the base.
12k/39 months. MF of 0.00045 and residual value of 53%. At $269/month.
15k/39 months. Same MF with RV of 51%, at $299/month.
(I would pay tax, title, license up front, and freight fee at ~$2300).
They were not very up front about the cap cost of the car, believe it to near or at MSRP. Truecar only shows about a ~$3-400 savings off of the MSRP at this time anyways.
Is this close to a good deal? I know numbers will change in May. Interest rate is around 1.7%. I'm debating between leasing at the end of this month (assuming a family member allows me to park the car at his place till we move from the city) or just waiting till end of may/early June when we get closer to moving out of the city.
Not sure if it would change significantly to have the covn package option.
#8 of 30 Buick Verano lease question [Car_man]
Jul 25, 2012 (6:52 am)
Can you provide the current Ally money factor/interest rate and residual on a base Verano for 39 months/12k and 15k miles, as well as any applicable lease cash available? A dealer in my area is quoting one at 189/month + Tax for 39 months and 10k miles, but the mileage is too low....otherwise, it seems like a great deal to me, if I could bump the miles up a bit. Thanks!
#9 of 30 Re: Buick Verano lease question [mp11477]
Aug 01, 2012 (11:05 am)
Need 24/36m 12k mile lease numbers on a verano. also what are the current incentives\lease cash in the northeast region?
#10 of 30 Re: Buick Verano Lease Questions [kyfdx]
Aug 28, 2012 (12:08 pm)
I'm looking to lease a base verno with a msrp around 23,500 but my spouse is a GM employee which should sweeten the deal some, I'm in Maryland zip 21601. Can you tell me what the best money factor is on a 39 month lease 12k per year. I've been told that they will lease it for 39 months at 315 per month but I would like to back into there number and also does ally have a balloon payment at the end of my term?
#11 of 30 Verano base lease rate and residual value
Dec 30, 2012 (3:29 pm)
Please provide the current base lease rate and residual value for 36 month 15K per year lease on a Verano premium trim
#12 of 30 2013 Verano Premium Lease Rate
Feb 12, 2013 (4:39 pm)
Can you provide the lease rate for the Verano Premium (Turbo)?
Thanks very much!