What did you pay for your 2015 Chevrolet Equinox 2LT/LTZ?

otops

Good morning everybody.

I've been researching/speaking to dealerships over the last week. I feel that I haven't made a whole lot of ground when compared to my dealings with other makes/models in the past.

So... I'm curious to know which Equinox trim did you buy and for how much? I am looking at a 2LT.

scramsti

I am looking for money factor and residual value on a 2015 Equinox 2LT, 36 month lease with 12K miles/year. The particular model I am looking at has an MSRP of around $32K. I live in CA.

Any help is appreciated!

kyfdx

scramsti said:

I am looking for money factor and residual value on a 2015 Equinox 2LT, 36 month lease with 12K miles/year. The particular model I am looking at has an MSRP of around $32K. I live in CA.

Any help is appreciated!

1.40% APR and 59% residual

scramsti

kyfdx said:

scramsti said:

I am looking for money factor and residual value on a 2015 Equinox 2LT, 36 month lease with 12K miles/year. The particular model I am looking at has an MSRP of around $32K. I live in CA.

Any help is appreciated!

1.40% APR and 59% residual

Thank You! What happens to residual and MF when it's changed to 15K miles/year?

Michaell

scramsti said:

kyfdx said:

scramsti said:

I am looking for money factor and residual value on a 2015 Equinox 2LT, 36 month lease with 12K miles/year. The particular model I am looking at has an MSRP of around $32K. I live in CA.

Any help is appreciated!

1.40% APR and 59% residual

Thank You! What happens to residual and MF when it's changed to 15K miles/year?

Same MF, residual decreases by 2%.

kpinla

Just leased a 2015 Equinox 2LT/with leather & navi for 2/24 miles with a lease payment through Ally Bank for $287 mo. Also, I had $0 down, $0 1st mo payment, $0 tax, title, licence so $0 drive off. Used the December 2014 incentives which totaled $3500. A 3/36 mile lease would have been $288.75mo. but I opted for the 2 yr so I don't incur any excess wear and tear when returning the car to the dealership. Qualified for top tier credit. I live in Los Angeles, CA. The residual and money factors quoted were correct. 1.40mf/59%residual for 3/36 and 1.70/69% for 2yr/24mile. These change monthly I believe so check for Janurary 2015. I just called the dealership and asked for the MF and RES for the 2015 Equinox and they happily gave the info. Hope this helps.

Michaell

kpinla said:

Just leased a 2015 Equinox 2LT/with leather & navi for 2/24 miles with a lease payment through Ally Bank for $287 mo. Also, I had $0 down, $0 1st mo payment, $0 tax, title, licence so $0 drive off. Used the December 2014 incentives which totaled $3500. A 3/36 mile lease would have been $288.75mo. but I opted for the 2 yr so I don't incur any excess wear and tear when returning the car to the dealership. Qualified for top tier credit. I live in Los Angeles, CA. The residual and money factors quoted were correct. 1.40mf/59%residual for 3/36 and 1.70/69% for 2yr/24mile. These change monthly I believe so check for Janurary 2015. I just called the dealership and asked for the MF and RES for the 2015 Equinox and they happily gave the info. Hope this helps.

Congratulations .. may we ask the MSRP and selling price?

kpinla

Yes, I forgot to add that in the post. MSRP $30,840 actual price paid $25,715. This was the final price after incentives were applied and after negotiating off the MSRP. 2015 Equinox 2LT

Michaell

kpinla said:

Yes, I forgot to add that in the post. MSRP $30,840 actual price paid $25,715. This was the final price after incentives were applied and after negotiating off the MSRP. 2015 Equinox 2LT

Wow ... $5K off sticker is a great price.

kpinla

Yes, I thought it was a great deal for the options and the quality of the car. So far, I love the way it drives, it has a large interior space and is quiet with limited road noise in the cabin. Hopefully the gas mileage is true and I'll be saving at the pump. Just turned in a Jeep Grand Cherokee which was a gas guzzler and a 6 cyl. The Equinox is a 4 cyl but it still has power and seems peppy on and off the freeway. Good Luck in your search.

jpr19971

I'm looking at a 2015 Chevrolet Equinox AWD LT 3.6L V6 SIDI. MSRP 34,670. After Discount & Rebates: $31,635. I'm leasing for the first time, and I think the RV will be 60%. 1st payment and taxes/fees up front. Monthly payment about $430. Does this seem right?

Michaell

jpr19971 said:

I'm looking at a 2015 Chevrolet Equinox AWD LT 3.6L V6 SIDI. MSRP 34,670. After Discount & Rebates: $31,635. I'm leasing for the first time, and I think the RV will be 60%. 1st payment and taxes/fees up front. Monthly payment about $430. Does this seem right?

What is the lease term and how many miles per year? Do you know which bank is supporting the lease? GM dealers have several to choose from.

jpr19971

Michaell said:

I'm looking at a 2015 Chevrolet Equinox AWD LT 3.6L V6 SIDI. MSRP 34,670. After Discount & Rebates: $31,635. I'm leasing for the first time, and I think the RV will be 60%. 1st payment and taxes/fees up front. Monthly payment about $430. Does this seem right?

What is the lease term and how many miles per year? Do you know which bank is supporting the lease? GM dealers have several to choose from.

Three years 30,000 miles. I have no idea re bank. I haven't seen anything in writing yet. Just been verbal, hoping to close deal soon.

jpr19971

jpr19971 said:

Michaell said:

jpr19971 said:

I'm looking at a 2015 Chevrolet Equinox AWD LT 3.6L V6 SIDI. MSRP 34,670. After Discount & Rebates: $31,635. I'm leasing for the first time, and I think the RV will be 60%. 1st payment and taxes/fees up front. Monthly payment about $430. Does this seem right?

What is the lease term and how many miles per year? Do you know which bank is supporting the lease? GM dealers have several to choose from.

OK... I think the best option for my credit was through GM Financing. It looks like it's going to be $34,670 MSRP, sales price of $30,760 after savings & rebates. $1794 for fee/tax/title/first month. 36 mo/10K mi per year. Monthly payment $338. Interest rate is 2.9% (MF = 1.21)

Michaell

jpr19971 said:

jpr19971 said:

Michaell said:

jpr19971 said:

I'm looking at a 2015 Chevrolet Equinox AWD LT 3.6L V6 SIDI. MSRP 34,670. After Discount & Rebates: $31,635. I'm leasing for the first time, and I think the RV will be 60%. 1st payment and taxes/fees up front. Monthly payment about $430. Does this seem right?

What is the lease term and how many miles per year? Do you know which bank is supporting the lease? GM dealers have several to choose from.

OK... I think the best option for my credit was through GM Financing. It looks like it's going to be $34,670 MSRP, sales price of $30,760 after savings & rebates. $1794 for fee/tax/title/first month. 36 mo/10K mi per year. Monthly payment $338. Interest rate is 2.9% (MF = 1.21)

Solid deal.

jpr19971

Thanks, Michaell!

equipiuqe

Hi Michaell,

I am looking for MF and residual values of Equinox 1LT with the following lease terms:

24mo/10K
24mo/12K
36mo/12K
39mo/12K

Could you please help with these? I am in NorthEast Ohio. Thanks so much.

Michaell

equipiuqe said:

Hi Michaell,

I am looking for MF and residual values of Equinox 1LT with the following lease terms:

24mo/10K
24mo/12K
36mo/12K
39mo/12K

Could you please help with these? I am in NorthEast Ohio. Thanks so much.

24mo/10K - .00055 and 70%. $1550 lease cash.
24mo/12K - .00055 and 69%. $1550 lease cash.
36mo/12K - .00040 and 58%. $1550 lease cash.
39mo/12K - .00040 and 56%. $1550 lease cash.

equipiuqe

Michaell said:

equipiuqe said:

Hi Michaell,

I am looking for MF and residual values of Equinox 1LT with the following lease terms:

24mo/10K
24mo/12K
36mo/12K
39mo/12K

Could you please help with these? I am in NorthEast Ohio. Thanks so much.

24mo/10K - .00055 and 70%. $1550 lease cash.
24mo/12K - .00055 and 69%. $1550 lease cash.
36mo/12K - .00040 and 58%. $1550 lease cash.
39mo/12K - .00040 and 56%. $1550 lease cash.

Thanks. Is $1550 lease cash combinable with $1500 non-GM competitive lessee bonus cash? I also have a question regarding GM Educator discount. I see on the program website that the GM Educator discount price for an Equinox 1LT (MSRP: $27045) is $25,936.50 (a $1108.5 off of the MSRP). Is this discount on top of all the above incentives? This is the first time I want to use GM Educator Discount program but am not sure how it works. Thanks.

jabem4

Looking for MF and RES on a 2015 Equinox LTZ in southern Vermont. Looking for a 15k 36-42 mo lease. With my supplier discount I am looking to pay around 33k. Thanks.

Michaell

equipiuqe said:

Michaell said:

equipiuqe said:

Hi Michaell,

I am looking for MF and residual values of Equinox 1LT with the following lease terms:

24mo/10K
24mo/12K
36mo/12K
39mo/12K

Could you please help with these? I am in NorthEast Ohio. Thanks so much.

24mo/10K - .00055 and 70%. $1550 lease cash.
24mo/12K - .00055 and 69%. $1550 lease cash.
36mo/12K - .00040 and 58%. $1550 lease cash.
39mo/12K - .00040 and 56%. $1550 lease cash.

Thanks. Is $1550 lease cash combinable with $1500 non-GM competitive lessee bonus cash? I also have a question regarding GM Educator discount. I see on the program website that the GM Educator discount price for an Equinox 1LT (MSRP: $27045) is $25,936.50 (a $1108.5 off of the MSRP). Is this discount on top of all the above incentives? This is the first time I want to use GM Educator Discount program but am not sure how it works. Thanks.

I believe the two incentives can be combined.

You'd have to review the details of the Educator program to see if the price can be enhanced with the available incentives.

kyfdx

jabem4 said:

Looking for MF and RES on a 2015 Equinox LTZ in southern Vermont. Looking for a 15k 36-42 mo lease. With my supplier discount I am looking to pay around 33k. Thanks.

.00040 MF and 56% residual for 36mo, 15K/yr. $1550 lease cash

.00065 MF and 53% for 42mo, 15K/yr. also $1550 lease cash

jabem4

May be a dumb question but is this a standard for my area? Should these be the numbers the dealer will use? Thanks.

Michaell

jabem4 said:

May be a dumb question but is this a standard for my area? Should these be the numbers the dealer will use? Thanks.

There may be regional differences but these are the only numbers we have.