Corvette Stingray 2016 Lease

mbgm12mbgm12 Member Posts: 19
edited September 2016 in Chevrolet
Anyone has the MF and Res numbers for September for a 2016 Stingray Coupe? 36/12

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  • kyfdxkyfdx Moderator Posts: 210,089
    mbgm12 said:

    Anyone has the MF and Res numbers for September for a 2016 Stingray Coupe? 36/12

    Sorry.. we only have GM Financial numbers, and they don't have a program for the Corvette.

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  • zonedriverzonedriver NorCalMember Posts: 11
    This website has helped me a lot on leasing knowledge. Hence I want to share some information on the lease my friend got today. Dealer mentioned GM doesn't support Corvette lease upfront.

    2016 Corvette Stingray Coupe Z51 w/1LT
    Term: 36/10
    MSRP: 63785
    Negotiated price: 58500
    Doc + License + Acq = 1200
    Residual: 55%
    MF: 0.00177 (nego down from 0.00197)

    Down payment (inc. 1st payment) = 4000
    Total montly + tax = 829

  • MichaellMichaell ColoradoModerator Posts: 209,528

    This website has helped me a lot on leasing knowledge. Hence I want to share some information on the lease my friend got today. Dealer mentioned GM doesn't support Corvette lease upfront.

    2016 Corvette Stingray Coupe Z51 w/1LT
    Term: 36/10
    MSRP: 63785
    Negotiated price: 58500
    Doc + License + Acq = 1200
    Residual: 55%
    MF: 0.00177 (nego down from 0.00197)

    Down payment (inc. 1st payment) = 4000
    Total montly + tax = 829

    Thanks for sharing your information. We've never seen lease numbers on the Corvette, so it will be good for others to have your information to compare.

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  • muffinflavoredmuffinflavored Member Posts: 83
    @Michaell Do you have any numbers now for a Corvette Z51 3LT?
  • MichaellMichaell ColoradoModerator Posts: 209,528

    @Michaell Do you have any numbers now for a Corvette Z51 3LT?

    No Corvette lease numbers. Figure around .00200 MF, however.

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  • bchi99bchi99 Member Posts: 15
    Mods...do you have current numbers for a 2016 Corvette z51 in virginia?
  • MichaellMichaell ColoradoModerator Posts: 209,528
    bchi99 said:

    Mods...do you have current numbers for a 2016 Corvette z51 in virginia?

    We've never seen lease numbers on the Corvette from GM Financial.

    The only number I see is for an Ally lease ... 36 months, 5,000 miles per year ... residual of 65% for Stingray 1LT. No MF quoted, but a note that 1.75% can be taken off the 'standard' buy rate through the end of February.

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  • beemerb0ybeemerb0y Member Posts: 29
    Looking for MF and residual for a 36m/10k mi lease for the following:

    2016 LT1 (manual trans)
    2016 LT1 Z51 (manual trans)

    Thank you!
  • MichaellMichaell ColoradoModerator Posts: 209,528
    beemerb0y said:

    Looking for MF and residual for a 36m/10k mi lease for the following:

    2016 LT1 (manual trans)
    2016 LT1 Z51 (manual trans)

    Thank you!

    We have never seen Corvette lease numbers. Figure a standard MF, however - .00200 or higher.

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  • beemerb0ybeemerb0y Member Posts: 29
    Michaell said:

    beemerb0y said:

    Looking for MF and residual for a 36m/10k mi lease for the following:

    2016 LT1 (manual trans)
    2016 LT1 Z51 (manual trans)

    Thank you!

    We have never seen Corvette lease numbers. Figure a standard MF, however - .00200 or higher.
    Dealer offered 60% residual, and a whopping .00383 MF!
  • MichaellMichaell ColoradoModerator Posts: 209,528
    beemerb0y said:

    Michaell said:

    beemerb0y said:

    Looking for MF and residual for a 36m/10k mi lease for the following:

    2016 LT1 (manual trans)
    2016 LT1 Z51 (manual trans)

    Thank you!

    We have never seen Corvette lease numbers. Figure a standard MF, however - .00200 or higher.
    Dealer offered 60% residual, and a whopping .00383 MF!
    I can't say I'm surprised by that - over 9%

    Edmunds Price Checker
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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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