Corvette Stingray 2016 Lease

mbgm12

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

kyfdx

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.

zonedriver

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

Michaell

zonedriver said:

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.

muffinflavored

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

Michaell

muffinflavored said:

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

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

bchi99

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

Michaell

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.

beemerb0y

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!

Michaell

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.

beemerb0y

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!

Michaell

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%