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2016 Chevrolet Camaro Lease Questions

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    thescout13thescout13 Member Posts: 18
    any september numbers? 2016 2SS, florida, coupe auto. 36/15, 39/15?
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    kyfdxkyfdx Moderator Posts: 241,044

    any september numbers? 2016 2SS, florida, coupe auto. 36/15, 39/15?

    .00150 MF and 56%/55% residual

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    jaywheels88jaywheels88 Member Posts: 11
    CAN I GET NUMBERS ON 2016 CAMARO 2SS 24/10 36/10 NYC
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    MichaellMichaell Moderator Posts: 244,036

    CAN I GET NUMBERS ON 2016 CAMARO 2SS 24/10 36/10 NYC

    24/10 - .00199 and 59%
    36/10 - .00150 and 58%

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    john_o789john_o789 Member Posts: 3
    May I get numbers for 2016 Camaro 2ss 36/12 & 36/10 for California. Also, are there any incentives for October?
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    kyfdxkyfdx Moderator Posts: 241,044
    john_o789 said:

    May I get numbers for 2016 Camaro 2ss 36/12 & 36/10 for California. Also, are there any incentives for October?

    .00150 MF and 58%/59% residual
    No incentives

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    gomdgomd Member Posts: 21
    I went into a local Chevy Dealer this afternoon, with the intent of leasing a 2016 2SS that was bonus tagged. I did not end up with the car, but wanted to run the numbers by someone else to see if I am crazy or not.

    The MSRP was 46,155
    Selling price 33,285 after 20% and another dealer discount

    I saw online lease rates would be around .0015 mf, and 58% residual for a 36 month lease.

    Plugging these numbers into an online lease calculator

    http://www.leaseguide.com/calc/

    I got a payment around $255/ month with 8% sales tax.

    Can anyone explain why the dealers offer was $475/month?

    I explained to them that that price was no where near what my calculator suggested and they basically laughed and said not to trust an online calculator, because they deal in real numbers.

    I tried to reason with them and show how a mistake must have been made, to no avail.

    Am I wrong that they were only trying to rip me off?
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    MichaellMichaell Moderator Posts: 244,036
    gomd said:

    I went into a local Chevy Dealer this afternoon, with the intent of leasing a 2016 2SS that was bonus tagged. I did not end up with the car, but wanted to run the numbers by someone else to see if I am crazy or not.

    The MSRP was 46,155
    Selling price 33,285 after 20% and another dealer discount

    I saw online lease rates would be around .0015 mf, and 58% residual for a 36 month lease.

    Plugging these numbers into an online lease calculator

    http://www.leaseguide.com/calc/

    I got a payment around $255/ month with 8% sales tax.

    Can anyone explain why the dealers offer was $475/month?

    I explained to them that that price was no where near what my calculator suggested and they basically laughed and said not to trust an online calculator, because they deal in real numbers.

    I tried to reason with them and show how a mistake must have been made, to no avail.

    Am I wrong that they were only trying to rip me off?

    The big issue is that the 20% bonus discount promotion is only for purchases, not leases.

    Not sure what kind of discount you can get from sticker, if you lease.

    But, it is highly unlikely that you'll ever be able to lease a $46K Camaro with a V8 for under $300/mo.

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    gomdgomd Member Posts: 21
    edited October 2016
    I was told the 20% offer is valid on leases through ally financial and 3rd party banks.
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    MichaellMichaell Moderator Posts: 244,036
    gomd said:

    I was told the 20% offer is valid on leases through ally financial and 3rd party banks.

    Which would then have really high money factors and low residuals, would be my guess.

    We only have the GM Financial numbers.

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    gomdgomd Member Posts: 21
    The dealer claimed they were putting the lease through at .00157 mf and 57% residual. The numbers just do not make sense
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    MichaellMichaell Moderator Posts: 244,036
    gomd said:

    The dealer claimed they were putting the lease through at .00157 mf and 57% residual. The numbers just do not make sense

    Using the data provided, I get $287/mo before tax.

    I'd confirm the adjusted cap cost - might be higher than the advertised selling price.

    And, the dealer can "claim" anything to you. The math doesn't lie.

    The difference between $287 and $485 is about $7000 on the cap cost, assuming the MF and residual are correct.

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    gomdgomd Member Posts: 21
    I tried for specifics and all they would say is that they cant change the numbers their software spits out. I think they are being dishonest and trying to raise the cap cost to make a large profit.

    Oh well, not the car for me I guess.

    Thanks for your responses.
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    MichaellMichaell Moderator Posts: 244,036
    gomd said:

    I tried for specifics and all they would say is that they cant change the numbers their software spits out. I think they are being dishonest and trying to raise the cap cost to make a large profit.

    Oh well, not the car for me I guess.

    Thanks for your responses.

    Leasing is an easy way for the dealer to 'mask' the numbers to give them a big profit, and you a large payment. When you understand the mechanics behind the payment, it doesn't give the dealer anyplace to hide.

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    gomdgomd Member Posts: 21
    I may not be a genius, but just from reading posts from people like you and others on this site you learn the mechanics behind the deal. Rent charge, depreciation fee, ect. Thank you for all the information you provide.
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    junebug2017junebug2017 Member Posts: 10
    Can i get mf and residual for november on a 2017 lt1 24 months 10k miles or 24 months 7.5 miles thabk you
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    MichaellMichaell Moderator Posts: 244,036

    Can i get mf and residual for november on a 2017 lt1 24 months 10k miles or 24 months 7.5 miles thabk you

    2017 Camaro discussion is here:

    http://forums.edmunds.com/discussion/42326/chevrolet/camaro/2017-chevrolet-camaro-lease-questions#latest

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    eljulibereljuliber Member Posts: 12
    Hello. Can I get numbers for: 2016 camaro convertible LT2, 3.6L V6, auto transmission
    MSRP: $43,230
    Selling price: $29,964
    Southeast FL (Miami)
    12k/36
    12k/39
    12k/48
    10k/36
    10k/39
    10k/48
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    MichaellMichaell Moderator Posts: 244,036
    eljuliber said:

    Hello. Can I get numbers for: 2016 camaro convertible LT2, 3.6L V6, auto transmission
    MSRP: $43,230
    Selling price: $29,964
    Southeast FL (Miami)
    12k/36
    12k/39
    12k/48
    10k/36
    10k/39
    10k/48

    There are no 2016 Camaro lease numbers for November.

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    eljulibereljuliber Member Posts: 12
    Any possible suggestion to make an estimate calculatiion.
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    MichaellMichaell Moderator Posts: 244,036
    eljuliber said:

    Any possible suggestion to make an estimate calculatiion.

    I don't have any suggestions.

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    j_bizzyj_bizzy Member Posts: 62
    edited November 2016
    Hey can I please get residual and mf for 2ss auto and 1ss auto coupe
    36/39/48 with 7.5k/10k 
    NY
    thank you 
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    kyfdxkyfdx Moderator Posts: 241,044
    j_bizzy said:

    Hey can I please get residual and mf for 2ss auto and 1ss auto coupe
    36/39/48 with 7.5k/10k 
    NY
    thank you 

    We don't have any lease program information for the 2016 Camaro.

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    martiimcflymartiimcfly Member Posts: 47
    Hello everyone! Happy New Year! Been a while since I last logged on. 
    I have a few questions. Numbers for  1ss and 2ss in Southern California 

    12k 36
    12k/39
    12k/48
    15k/36
    15k/39
    15k/48

    for a 1ss/2ss. What price would I have to haggle down to, to get a payment around 400?
    I've heard it done before, and really want to get a new car specially bc there are a few incentives right now. 
    Also, if you have knowledge in purchasing, what would I have to hagggle to get those prices on a financing the car?
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    martiimcflymartiimcfly Member Posts: 47
    Hello everyone! Happy New Year! Been a while since I last logged on. 
    I have a few questions. Numbers for  1ss and 2ss in Southern California 

    12k 36
    12k/39
    12k/48
    15k/36
    15k/39
    15k/48

    for a 1ss/2ss. What price would I have to haggle down to, to get a payment around 400?
    I've heard it done before, and really want to get a new car specially bc there are a few incentives right now. 
    Also, if you have knowledge in purchasing, what would I have to hagggle to get those prices on a financing the car?
    Btw! I forgot to mention, it's on a 2017. Can't find any 2016 :(
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    kyfdxkyfdx Moderator Posts: 241,044



    Hello everyone! Happy New Year! Been a while since I last logged on. 
    I have a few questions. Numbers for  1ss and 2ss in Southern California 

    12k 36
    12k/39
    12k/48
    15k/36
    15k/39
    15k/48

    for a 1ss/2ss. What price would I have to haggle down to, to get a payment around 400?
    I've heard it done before, and really want to get a new car specially bc there are a few incentives right now. 
    Also, if you have knowledge in purchasing, what would I have to hagggle to get those prices on a financing the car?

    Btw! I forgot to mention, it's on a 2017. Can't find any 2016 :(

    2017 discussion is here:
    https://forums.edmunds.com/discussion/42326/chevrolet/camaro/2017-chevrolet-camaro-lease-questions#latest

    Be sure to mention coupe or convertible

    Edmunds Price Checker
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    martiimcflymartiimcfly Member Posts: 47
    kyfdx said:
    Hello everyone! Happy New Year! Been a while since I last logged on. 
    I have a few questions. Numbers for  1ss and 2ss in Southern California 

    12k 36
    12k/39
    12k/48
    15k/36
    15k/39
    15k/48

    for a 1ss/2ss. What price would I have to haggle down to, to get a payment around 400?
    I've heard it done before, and really want to get a new car specially bc there are a few incentives right now. 
    Also, if you have knowledge in purchasing, what would I have to hagggle to get those prices on a financing the car?
    Btw! I forgot to mention, it's on a 2017. Can't find any 2016 :(
    2017 discussion is here: https://forums.edmunds.com/discussion/42326/chevrolet/camaro/2017-chevrolet-camaro-lease-questions#latest Be sure to mention coupe or convertible
    Thank you
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