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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.
Thanks!
GM is scheduled to introduce its new November programs some time tomorrow.
Car_man
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"$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?
$2000 down (includes registration, taxes, etc.)
15k miles/yr
36 mo
$353.39/mo
2% interest rate.
Thoughts?
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?
thanks.
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).
MSRP: 18,995
RV % : 67%
RV: $12,727
Net Cap: $17,617
MF: .00028
0 Down
Total Monthly Payment (incl taxes): $229
Inception Fee: $595 bank fee + $229 first month
Sound about right?
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.
Our Lease Kit includes a sample lease contract with easy to understand explanations, an itemized contract checklist, Lease Inspector calculator, and payment worksheets to help you make sure your contract is correct before you sign. If you go with it let me know if it was worth it also let me know how your transaction goes.
In comparison to the deal you're quoting, the car I'm looking at is a Black 1LT with Driver Convenience and Connectivity Packages installed. List is 19,190, invoice and sell price is 17,789 (with those options installed).
I've built an excel lease calculator which is fairly accurate, and it does show their numbers to be off by about $5 a month based on what they're quoting as the RV, MF, Cap Cost and MSRP and the $235 a month figure. This is something I'll be working out with them when I go in tomorrow.
RV: 67%
MF: 0.00028 (for tier 1, 720+ score)
Cap cost: 17,789
Only fee I'm paying is 595 bank and plates.
also, when you say list price of 19,190, that's after rebate, right?
Asking, because, this car shows 20,190 MSRP and invoice of 19,621 ..
thanks
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Update from my end is that the deal fell through because it turns out owner loyalty doesn't apply in my case. I have a 2011 Malibu but the lease is through my employer and GM won't honor that (justifiably). What is slightly disappointing is tha they knew about this but brought it up last minute. In all fairness to them, the sales rep who was originally tagged to me and had this information was let go / left their dealership while I was working out my deal with them over the past week and apparently this information wasn't shared with the dealership management.
Anyhow, that leaves me with a well negotiated deal that I can't get! Not willing to pay $280 or so a month for the Cruze on a 24 month lease- which is where its at without the owner loyalty.
Can anyone else confirm what rebates/discounts are being offered other than owner loyalty for the 2011 Cruze? Cars.com mentions a $1250 customer cash back but I haven't been able to verify that with any dealers, nor on Chevy's own website.
MSRP $26,280
Got GM Loyalty for $1,000 - Put no money down. ((did a pull ahead on 2008 Chevy Malibu Lease))
39 month / 12,000 miles per year lease (39,000 miles)
Paying $350/month -- would have been $328 but then dealer hit me with - do you want GAP INSURANCE -- so I added it.
Thanks,
ER
Could you please provide the MF and Residual % for a Cruze ECO w/ 6 speed manual?
24 month and 36 month leases with 15k miles.
TIA
Could you pleases tell me the MF and RV on the Cruze LS with 6-speed automatic for a 39 month lease with 18k miles? I assume they still allow you to lease a car at that high of a mileage rate. My sister drives 250 miles per week back and forth to work so she needs lots of miles.
TIA
The numbers for an otherwise identical 36 month lease are 1.0% and 50%.
When negotiating your lease on this car, make sure to take advantage of the $1,275 cash incentive on for 24 month leases of it and $1,100 on 36 month leases of it through Ally.
Car_man
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I believe that 15,000 miles per year is the highest mileage allowance that Ally publishes residual values for. If you need to drive more than that, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until lease-end and have to pay an excess mileage penalty.
Car_man
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Can you please tell me the residual value, money factor, and incentives for May for a 2011 Chevy Cruze ECO with an MSRP of $20, 625 for 24/36 months and 12k miles per year?
I live in Huntington, NY (11743)
Thank you very much,
Nick
Car_man
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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.
When negotiating your deal on this car, make sure to take advantage of the $1,250 cash incentive that is currently available on 36 month leases of it through Ally.
Car_man
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Thanks
Todd
General Motors is currently providing a $750 cash incentive on 36 month leases of this car through Ally.
Car_man
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Could you please post the lease factors for a Cruze 1LT, 36 months, 12K miles per year? I'm in NJ if that matters.
Thanks.
Can you please post the residual value, money factor, and incentives for June for a 2011 Chevy Cruze ECO with an MSRP of $20, 625 for 48 months and 15k miles per year (I want 18k miles but understand that I would have to prepay for the extra miles instead)?
I live in Virginia.
Thank you very much.
When negotiating your deal on this car, make sure to take advantage of the $750 cash incentive that is currently available on 36 month leases of it through Ally.
Car_man
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As I mentioned in my previous post, GM is currently providing a $750 cash incentive on leases of this car through Ally.
Car_man
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The numbers for an otherwise identical lease of a Cruze 2LT are 1.0% and 47%.
If you were to lease either of these cars with only 12,000 miles per year, their residual values would be 2% higher.
GM is currently providing a $750 cash incentive on 36 month leases of the Cruze through Ally.
Car_man
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Car_man
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All was going fairly smooth until we were asked to offer proof of residency. We have been living at current residence for 7 years, so we cannot understand why that is required? We are living with family and utility bills are in their names. Our insurance does have our current address on documents, but that is not acceptable according to dealer. In addition, the dealer tells us this is a new requirement, under some new law, of which we are not aware of or cant find any info on.
Is this truly a new requirement? or is the dealer pulling our leg?
Could you please provide the MF, Residual, and if any lease cash for 2012 Cruze ECO w/ 6 speed manual for 36 and 39 month leases with 12k miles/yr? Also, I am curious how these numbers compare with Cruze LS w/ 5 speed, so if any significant difference please post these too.
In Oregon, if it matters.
Thanks for the great service you provide!
General Motors is currently providing a $1,250 cash incentive on 36 to 39 month leases of this car through Ally.
The lease rates are the same for the LS, but its residual values are 2% lower.
Car_man
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1. Can you give me the 24 month numbers (lease rate/residual(12k/yr)/lease cash) for the '12 Cruze ECO?
2. Are these terms for the $0 first payment lease ads I have been seeing from GM?
3. Do you happen to know the acquisition fee for Ally?
Thanks!
Ally charges an unattractive $795 acquisition fee on every vehicle that it leases.
Car_man
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Anyway, this has really gotten me thinking about leasing but I'm a detail guy and those salesman are awfully stingy with lease rate info. With that discount($3000) and my USAA $750 incentive, I can get a payment down in the low $100 range with a good lease MF and residuals....That said can the dealer fudge Ally's rate to be a profit center for them without telling you?
I got a rate from the dealer of 2.0 and 2.1 % for my 24 and 36 month quotes and 61 and 53 for the residuals. There was also a CCR listed for $900 on 36 or $1800 on 24. Credit rating here is Tier A & S. I saw several posts here from Dec for 1.1%. Thoughts? New rate info? Preference on 24 or 36? Leaning towrds 24 mo to cut the cost with all this free money.
I want to lease a 2012 Cruze 1LT automatic this month or next. Do they change rates every month?
Last question, I promise. Is gap insurance included with Ally leases?
Thanks in advance for any info available!!
Do you know how many miles those residuals were for?
Seems like they should be 15k?
Those lease rates are marked up. Base rates are 1.0% and 1.1% respectively.
Dealer told me 63% for 24 months on 1LT or ECO with 12k per year.
What a fool. She lost the sale. I got up to leave, and she was 'aghast' that I wasn't going to sign and she said the worksheets were 'Hers' and to give them back.
I thought the payment was high. Later, I figured out that she had rolled everything except first month back into payments. In PA, we pay 9% on payments so the title, tags, aquisition fee, and the 9% tax on $5550 CCR was all being taxed at 9%. That's taxing the tax!
One followup question: The $5550 she listed as CCR consisted of $3000 GM Card earnings, $1800 lease incentive, and $750 USAA member incentive. I understand that the GM Card earnings are treated as a downpayment, but I think that the lease incentive and USAA incentive should come off the negotiated price and not be CCR. I saw a table somewhere on the site that said incentives were not taxable in PA. As CCR, she had me pay 9% on that up front (and then again as it was included in payments). Thoughts? I could see her getting me on that payment but then re-writing the numbers so they could pocket the difference between and what should be the real payment.
Thanks for clearing up base rate. That makes perfect sense. So the dealer was getting a 1% markup.
I'm certain that my quote came from Ally. Maybe yours came from Americredit?