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2016 Chevrolet Cruze Lease Questions

MichaellMichaell Moderator Posts: 243,083
edited December 2015 in Chevrolet
Ask your 2016 Cruze lease questions, here!

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    kxc2622kxc2622 Member Posts: 46
    GM numbers not out yet, but looking to get MF and residual on a 2016 Cruze Limited 1LT
    24month/36 month - 10k/yr
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    bro2099bro2099 Member Posts: 13
    kxc2622 said:
    GM numbers not out yet, but looking to get MF and residual on a 2016 Cruze Limited 1LT 24month/36 month - 10k/yr
    This please.
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    kyfdxkyfdx Moderator Posts: 239,386
    kxc2622 said:

    GM numbers not out yet, but looking to get MF and residual on a 2016 Cruze Limited 1LT
    24month/36 month - 10k/yr

    .00040 MF and 64% residual
    .00145 MF and 57% residual

    $1700 lease cash

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    randyjstarkrandyjstark Member Posts: 99
    Moderator, can the 1700 lease cash incentive through GM Financial be applied in addition to all other incentives and supplier pricing?

    My local dealer is quoting
    2500 - select model cash
    2500 - volt loyalty ( current volt customer) -- do you have any info on if this is still available and if it will still apply?
    500 - dealer rebate

    I think I also qualify for the 500 US farm Bureau offer....

    If I can combine the 1700 GM lease cash, I could get a smoking deal on this car!

    Combined I can get 7700 in incentives toward the lease - this would be a crazy deal....
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    kyfdxkyfdx Moderator Posts: 239,386

    Moderator, can the 1700 lease cash incentive through GM Financial be applied in addition to all other incentives and supplier pricing?

    My local dealer is quoting
    2500 - select model cash
    2500 - volt loyalty ( current volt customer) -- do you have any info on if this is still available and if it will still apply?
    500 - dealer rebate

    I think I also qualify for the 500 US farm Bureau offer....

    If I can combine the 1700 GM lease cash, I could get a smoking deal on this car!

    Combined I can get 7700 in incentives toward the lease - this would be a crazy deal....

    Sorry... we don't have any info on how the rebates might stack

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    kxc2622kxc2622 Member Posts: 46
    Thanks for the numbers - looks to be the same from November.
    FYI - volt loyalty still carries over and will apply.
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    carpersocarperso Member Posts: 148
    kyfdx said:

    kxc2622 said:

    GM numbers not out yet, but looking to get MF and residual on a 2016 Cruze Limited 1LT
    24month/36 month - 10k/yr

    .00040 MF and 64% residual
    .00145 MF and 57% residual

    $1700 lease cash
    Do these number apply for New england area, what is the residual for 12K a year and 15K a year
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    kyfdxkyfdx Moderator Posts: 239,386
    carperso said:

    kyfdx said:

    kxc2622 said:

    GM numbers not out yet, but looking to get MF and residual on a 2016 Cruze Limited 1LT
    24month/36 month - 10k/yr

    .00040 MF and 64% residual
    .00145 MF and 57% residual

    $1700 lease cash
    Do these number apply for New england area, what is the residual for 12K a year and 15K a year
    Subtract 1% from residual for 12K/yr
    Subtract 3% for 15K/yr

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    steine13steine13 Member Posts: 2,819

    If I can combine the 1700 GM lease cash, I could get a smoking deal on this car!

    Combined I can get 7700 in incentives toward the lease - this would be a crazy deal....

    A little late to the party here, but...
    There's no reason why you wouldn't be able to stack these.
    The Volt rebate in particular has been talked about on leasehackrs, which is an OK site to get lease information.

    Get a stick shift LS and they'll have to give you cash when you drive away and $0/month.

    In reality, you'll probably owe a few bucks in taxes, but go for it, man!

    -Mathias
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    carpersocarperso Member Posts: 148

    Got a quote for a 1LT. All the rebates were applied and a dealer discount of around $2000. Something does not seem right.
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    carpersocarperso Member Posts: 148
    Does the 5275 rebate work towards capitalised cost reduction?
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    kyfdxkyfdx Moderator Posts: 239,386
    carperso said:

    Does the 5275 rebate work towards capitalised cost reduction?

    That is what your paperwork indicates.

    If I use .00040 MF and 63% residual for 24 months, I get $117/mo., with those figures.

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    1985mb1985mb Member Posts: 60
    Do 2LT and LTZ trim levels have the same terms on the 2016 Cruze Limited?

    63% @10k/yr
    .00040 MF
    $1,700 GM Financial lease cash

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    MichaellMichaell Moderator Posts: 243,083
    1985mb said:

    Do 2LT and LTZ trim levels have the same terms on the 2016 Cruze Limited?

    63% @10k/yr
    .00040 MF
    $1,700 GM Financial lease cash

    Yes, and I confirm those numbers.

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    downtown1026downtown1026 Member Posts: 3
    In Northern NJ. Just left dealer who quoted me 63% @ 10k/yr and a .00094 MF. Is that possible that the MF would be different?
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    kyfdxkyfdx Moderator Posts: 239,386

    In Northern NJ. Just left dealer who quoted me 63% @ 10k/yr and a .00094 MF. Is that possible that the MF would be different?

    How many months?

    If it's a GM Financial lease, then they are either marking up the rate, or quoting a lower credit tier.

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    downtown1026downtown1026 Member Posts: 3
    edited December 2015
    kyfdx said:

    In Northern NJ. Just left dealer who quoted me 63% @ 10k/yr and a .00094 MF. Is that possible that the MF would be different?

    How many months?

    If it's a GM Financial lease, then they are either marking up the rate, or quoting a lower credit tier.
    24 months. I questioned the rate and they said that was what they get from GM. They didn't run credit. Didn't sound right.
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    kyfdxkyfdx Moderator Posts: 239,386

    kyfdx said:

    In Northern NJ. Just left dealer who quoted me 63% @ 10k/yr and a .00094 MF. Is that possible that the MF would be different?

    How many months?

    If it's a GM Financial lease, then they are either marking up the rate, or quoting a lower credit tier.
    24 months. I questioned the rate and they said that was what they get from GM. They didn't run credit. Didn't sound right.
    We show .00040

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    1985mb1985mb Member Posts: 60
    Any changes to MF, RV and LC on the 2016 Cruze Limited? Northeast (NY/NJ if that matters). 24/10k

    Thanks as always!
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    1985mb1985mb Member Posts: 60
    Oh, and LTZ in case the trims have different RV/MF/LC
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    MichaellMichaell Moderator Posts: 243,083
    1985mb said:

    Any changes to MF, RV and LC on the 2016 Cruze Limited? Northeast (NY/NJ if that matters). 24/10k

    Thanks as always!

    1985mb said:

    Oh, and LTZ in case the trims have different RV/MF/LC

    .00040 and 62%. $3455 lease cash.

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    punu055punu055 Member Posts: 21


    Did you take the decision and take this car 2016 Chevrolet Cruze ? or did you take any other car? what was the deal?
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    telstra489telstra489 Member Posts: 2
    Hey mods, decided to cross-shop the Corolla against the Cruze since the corolla deal doesn't look so hot :( Can you please share the money factor, residual and any lease cash (or other incentives) available?

    I'm in the NE (outside of Philly) and went to a dealer today to look at a 1LS and 1LT.

    Thanks!
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    kyfdxkyfdx Moderator Posts: 239,386

    Hey mods, decided to cross-shop the Corolla against the Cruze since the corolla deal doesn't look so hot :( Can you please share the money factor, residual and any lease cash (or other incentives) available?

    I'm in the NE (outside of Philly) and went to a dealer today to look at a 1LS and 1LT.

    Thanks!

    Which term and mileage?

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    beckman2713beckman2713 Member Posts: 47
    Hello
    Could I get the numbers for 2016 Cruze Limited 10/24 and 10/36 in NY? Any cash?
    Thank You
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    steine13steine13 Member Posts: 2,819
    A couple dealers now have consistently quoted lower residuals than I'm reading here.
    The interest rate is the same.

    Location: Lansing, MI.
    2016 Cruze Limited LS [manual] --> that might be it, manuals can have lower residuals..
    24 months, 10k per year, please.

    I'm getting quoted just under 1 % interest, and 59% residual.
    Also of note: Acquisition is $600 and there is now a $400 disposition fee.

    This is through JP Morgan; my Ally lease in 2013 had no fee at lease end.
    Thanks in advance,
    -Mathias
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    kyfdxkyfdx Moderator Posts: 239,386

    Hello
    Could I get the numbers for 2016 Cruze Limited 10/24 and 10/36 in NY? Any cash?
    Thank You

    .00040 MF and 63%/62% residual (varies by trim).
    .00145 MF and 56%/55% residual (varies by trim).


    $3455 lease cash on all.

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    kyfdxkyfdx Moderator Posts: 239,386
    steine13 said:

    A couple dealers now have consistently quoted lower residuals than I'm reading here.
    The interest rate is the same.

    Location: Lansing, MI.
    2016 Cruze Limited LS [manual] --> that might be it, manuals can have lower residuals..
    24 months, 10k per year, please.

    I'm getting quoted just under 1 % interest, and 59% residual.
    Also of note: Acquisition is $600 and there is now a $400 disposition fee.

    This is through JP Morgan; my Ally lease in 2013 had no fee at lease end.
    Thanks in advance,
    -Mathias

    The only lease numbers we have are GM Financial.

    .00040 MF and 62% residual for 24/10. LS manual or auto.

    $3455 lease cash.

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    MannyHMMannyHM Member Posts: 82
    Can you post the money factor, residual and lease cash for a Cruze Limited 1LT? I'm looking to lease for 24 months 12k miles per year. Thanks.
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    MichaellMichaell Moderator Posts: 243,083
    MannyHM said:

    Can you post the money factor, residual and lease cash for a Cruze Limited 1LT? I'm looking to lease for 24 months 12k miles per year. Thanks.

    .00040 and 61%. $3455 lease cash.

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    stephen_chowstephen_chow Member Posts: 3
    Got an offer form a PA Chevy dealer for 2106 Cruze Limited LT1.
    Want to know if this is a good deal.

    Come with 3 packages: RZ, Technology and Convenience packages.
    Come with some additional items like tire lock, Door Edge, Sec ID, Zurich shield and Nitrofill, all no charge.

    MSRP is 23,020
    Sell price 21,128
    Cash rebate 3,455
    Adjusted capital cost 17,673
    Lease for 24 /12,000miles
    Not sure about the MF?

    165.11 per months
    14.86 tax
    Total out of pocket $282.15 including all fees.

    Is it a good deal?
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    MichaellMichaell Moderator Posts: 243,083

    Got an offer form a PA Chevy dealer for 2106 Cruze Limited LT1.
    Want to know if this is a good deal.

    Come with 3 packages: RZ, Technology and Convenience packages.
    Come with some additional items like tire lock, Door Edge, Sec ID, Zurich shield and Nitrofill, all no charge.

    MSRP is 23,020
    Sell price 21,128
    Cash rebate 3,455
    Adjusted capital cost 17,673
    Lease for 24 /12,000miles
    Not sure about the MF?

    165.11 per months
    14.86 tax
    Total out of pocket $282.15 including all fees.

    Is it a good deal?

    .00040 and 61% for 24/12.

    I get $164/mo before tax with those numbers, so pretty close to your quote.

    Where is the acquisition fee in all this?

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    stephen_chowstephen_chow Member Posts: 3
    No fees. Only first month payment plus $282 down payment.

    Thanks
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    mwfromva75_mwfromva75_ Member Posts: 37
    edited April 2016
    2016 Cruze LT (the new one!) auto

    MF and residual for 39/12 + any incentives, please.

    Thanks in advance!
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    MichaellMichaell Moderator Posts: 243,083

    No fees. Only first month payment plus $282 down payment.

    Thanks

    Looks like a solid deal!

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    MichaellMichaell Moderator Posts: 243,083

    2016 Cruze LT (the new one!) auto

    MF and residual for 39/12 + any incentives, please.

    Thanks in advance!

    .00060 and 56%. $1750 lease cash.

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    cadman88cadman88 Member Posts: 75
    Do you have 36/15 (or is 39/15 a better deal) for a LT manual in Ohio? Thanks!
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    MichaellMichaell Moderator Posts: 243,083
    cadman88 said:

    Do you have 36/15 (or is 39/15 a better deal) for a LT manual in Ohio? Thanks!

    .00060 and 56% or 54%. $1750 lease cash.

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    mripgurumripguru Member Posts: 63
    What is the MF and residual for 36/12 and 39/12 for a 2016 Cruze Limited 1LT? Thanks!
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    kyfdxkyfdx Moderator Posts: 239,386
    mripguru said:

    What is the MF and residual for 36/12 and 39/12 for a 2016 Cruze Limited 1LT? Thanks!

    .00145 MF and 55%/53% residual. $3455 lease cash

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    cadman88cadman88 Member Posts: 75
    Do you have numbers for May for the Cruze Limited 1LT in Ohio? 24 months/30k miles (15k per year).

    Local dealer has a ton in stock and is discounting them heavily. Example is $21,570 discounted to $17,256. Only incentive I see on the Chevy website is $1000 cash back. So, is this a discount of $3314 on the dealer's part, or are there other incentives I'm missing?

    If lease cash is the same as April it seems I could get roughly $7800 off MSRP if the dealer discount is really $3314. Seems like basically a free lease.
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    MichaellMichaell Moderator Posts: 243,083
    cadman88 said:

    Do you have numbers for May for the Cruze Limited 1LT in Ohio? 24 months/30k miles (15k per year).

    Local dealer has a ton in stock and is discounting them heavily. Example is $21,570 discounted to $17,256. Only incentive I see on the Chevy website is $1000 cash back. So, is this a discount of $3314 on the dealer's part, or are there other incentives I'm missing?

    If lease cash is the same as April it seems I could get roughly $7800 off MSRP if the dealer discount is really $3314. Seems like basically a free lease.

    24/15 - .00110 and 59%. $2925 lease cash this month.

    Be careful - the advertised price may be for purchase only, not a lease.

    I know someone on these boards who used their GM points and leased a Cruze Limited LS stick shift for something like $29/mo

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    aukerusmcaukerusmc Member Posts: 47
    Could you give me the numbers on 2016 Premier New Cruze 12k/36 or 10k/24. Also one more question about rebate money should that be calculated before or after. The dealer is counting a 2030.00 military discount after as a down payment that doesn't seem right to me? Thanks
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    MichaellMichaell Moderator Posts: 243,083
    aukerusmc said:

    Could you give me the numbers on 2016 Premier New Cruze 12k/36 or 10k/24. Also one more question about rebate money should that be calculated before or after. The dealer is counting a 2030.00 military discount after as a down payment that doesn't seem right to me? Thanks

    24/10 - .00055 and 67%
    36/12 - .00060 and 58%

    $1530 lease cash

    A rebate is taxable.

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    lulug16lulug16 Member Posts: 18
    2016 Chevy Cruze LT and LT with the convince package money factor and residual value for 36 months 15,000 a year, in Crown Point Indiana
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    MichaellMichaell Moderator Posts: 243,083
    lulug16 said:

    2016 Chevy Cruze LT and LT with the convince package money factor and residual value for 36 months 15,000 a year, in Crown Point Indiana

    .00060 and 56%. $1530 lease cash.

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    lulug16lulug16 Member Posts: 18
    2016 Chevy Cruze Premier Automatic Money factor and residual value for 36 months 15,000 a year in Crown Point Indiana
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    MichaellMichaell Moderator Posts: 243,083
    lulug16 said:

    2016 Chevy Cruze Premier Automatic Money factor and residual value for 36 months 15,000 a year in Crown Point Indiana

    60% and .00056. $1530 lease cash.

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    killerinyoukillerinyou Member Posts: 3
    Are the June numbers available for a Cruze LS Auto, 10k/24, and 10k/36? Located in Chicago.
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    kyfdxkyfdx Moderator Posts: 239,386

    Are the June numbers available for a Cruze LS Auto, 10k/24, and 10k/36? Located in Chicago.

    1.32% APR and 67% residual
    1.44% APR and 59% residual

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