2016 Chevrolet Malibu Lease Questions

sl1288

Hello, what is the residual and money factor for a 2016 Malibu Premier 15/36 in Hyannis, MA?

Thanks.

Michaell

sl1288 said:

Hello, what is the residual and money factor for a 2016 Malibu Premier 15/36 in Hyannis, MA?

Thanks.

.00125 and 53%

lb530529

Are there updated numbers for Jan?
Looking at 36/10 on the Premier or 2LT model. Any incentives?

Michaell

lb530529 said:

Are there updated numbers for Jan?
Looking at 36/10 on the Premier or 2LT model. Any incentives?

.00040 and 59%. $2125 lease cash. Both trims.

lb530529

Thanks Michael, just to make sure, 2016 right?

Michaell

lb530529 said:

Thanks Michael, just to make sure, 2016 right?

Yes, 2016. The "new" Malibu, not the "Malibu Limited", which is the old bodystyle. That has different numbers.

lb530529

Great numbers apparently. Now off to finding out if the car is worth it.

Michaell

lb530529 said:

Great numbers apparently. Now off to finding out if the car is worth it.

I was hoping to get to the Chevy dealer last weekend, but it didn't happen. I've got GM points burning a hole in my pocket in addition to the lease cash...

lb530529

Michaell, just to be safe once again, this is the malibu you quoted right? http://www.chevrolet.com/malibu-mid-size-sedan.html

Dealer told me they got this car just one month ago, so I was really surprised the amount of lease cash available. I didn't get a chance to talk numbers because they didn't even have the car to sell..

Michaell

lb530529 said:

Michaell, just to be safe once again, this is the malibu you quoted right? http://www.chevrolet.com/malibu-mid-size-sedan.html

Dealer told me they got this car just one month ago, so I was really surprised the amount of lease cash available. I didn't get a chance to talk numbers because they didn't even have the car to sell..

That's the one ... I'm interested in the Malibu "Limited" which is the old bodystyle carried forward to 2016. It has over $4000 lease cash on it.

Royals_1969

Hello, what is the residual and money factor for a 2016 Malibu Limited LT 12/24 in New York?
Also lease cash available ?
Thanks.

Michaell

Royals_1969 said:

Hello, what is the residual and money factor for a 2016 Malibu Limited LT 12/24 in New York?
Also lease cash available ?
Thanks.

.00040 and 62% for 24/12. $4085 lease cash.

Amazing deals available. If I wasn't buried in a trade, I got a quote last week for < $125/mo + tax for a 1LT using my GM Points in addition to the lease cash.

cnorwood22

Michaell, does that lease cash total include the competitive lease bonus as well? I am currently leasing an F-150, also have a $1000 Private offer discount. This deal could be too good to pass up ! Would be interested in an LT in CT 24mo/10k or 24mo/12k

Michaell

cnorwood22 said:

Michaell, does that lease cash total include the competitive lease bonus as well? I am currently leasing an F-150, also have a $1000 Private offer discount. This deal could be too good to pass up ! Would be interested in an LT in CT 24mo/10k or 24mo/12k

No, the quote I got also included a conquest incentive on top of the lease cash - plus my GM points.

.00040 and 62% for 24/12; 63% for 24/10. $4085 lease cash.

cnorwood22

Thanks Michaell, I'm going to reach out to my local Chevy dealership and see what I can come up with. I'll post back with results !

Royals_1969

cnorwood22 said:

Thanks Michaell, I'm going to reach out to my local Chevy dealership and see what I can come up with. I'll post back with results !

I'm following this thread because i'm thinking of negotiating for this vehicle also, curious how you did?
I'm on Long Island NY

MannyHM

Can you provide money factor, incentives and residual for 2016 Malibu 1LT for 12k 24 month lease? Thanks. 

Michaell

MannyHM said:

Can you provide money factor, incentives and residual for 2016 Malibu 1LT for 12k 24 month lease? Thanks. 

Is this the "new and improved" Malibu or the "Malibu Limited"?

MannyHM

Michaell said:

Can you provide money factor, incentives and residual for 2016 Malibu 1LT for 12k 24 month lease? Thanks. 

Is this the "new and improved" Malibu or the "Malibu Limited"?

I was interested in the new and improved. I see the Malibu Limited numbers above.

Michaell

MannyHM said:

Michaell said:

MannyHM said:

Can you provide money factor, incentives and residual for 2016 Malibu 1LT for 12k 24 month lease? Thanks. 

Is this the "new and improved" Malibu or the "Malibu Limited"?

I was interested in the new and improved. I see the Malibu Limited numbers above.

.00050 and 65%. $2125 lease cash (!)

choco777

Hi I got 2 quotes for new malibu 2016 2LT, 36/12, zip 03801. One is 2165 rebate and 0.00125 money factor, 59% residual, the other is 0.0004 with no rebate, 59% residual. Would you please confirm me what should be the exact rebate amount and money factor for me to expect? Thanks a lot!

Michaell

choco777 said:

Hi I got 2 quotes for new malibu 2016 2LT, 36/12, zip 03801. One is 2165 rebate and 0.00125 money factor, 59% residual, the other is 0.0004 with no rebate, 59% residual. Would you please confirm me what should be the exact rebate amount and money factor for me to expect? Thanks a lot!

36/12 numbers:
2016 Malibu 2LT - .00040 and 58%. $2125 lease cash
2016 Malibu Limited LT - .00125 and 54%. $4085 lease cash

59% would be for 36/10.

Zoder1

What is the MF and residual for 2016 Malibu LS in Florida? 24/12.

Is there any lease cash available? Does the lease cash combine with the $1500 competitive lease conquest cash offer? Thank you.

kyfdx

Zoder1 said:

What is the MF and residual for 2016 Malibu LS in Florida? 24/12.

Is there any lease cash available? Does the lease cash combine with the $1500 competitive lease conquest cash offer? Thank you.

.00050 MF and 66% residual. $1125 lease cash.

No info on how incentives may stack.

runyans23

What is the MF and Residual for 36 and 39 months, 10K miles in Tennessee? 

runyans23

On the premium 

kyfdx

runyans23 said:

What is the MF and Residual for 36 and 39 months, 10K miles in Tennessee? 

runyans23 said:

On the premium 

Don't show a "premium". Is it Premier?

MannyHM

I tried 3 dealers this weekend and while I did get the lease cash, residual & money factors for a 2016 Malibu 1LT quoted here. I could not get a sales price that made the deal compelling. For a vehicle with an MSRP of $26,135, the lowest sales price I was able to get was $24,000. I offered $23,000 which was not accepted. 

runyans23

kyfdx said:

runyans23 said:

What is the MF and Residual for 36 and 39 months, 10K miles in Tennessee? 

runyans23 said:

On the premium 

Don't show a "premium". Is it Premier?

yes, the premier

kyfdx

runyans23 said:

kyfdx said:

runyans23 said:

What is the MF and Residual for 36 and 39 months, 10K miles in Tennessee? 

runyans23 said:

On the premium 

Don't show a "premium". Is it Premier?

yes, the premier

.00040 MF and 59%/57% residual. $2125 lease cash

jcole66

Hello, what is the residual and money factor for the new 2016 Malibu Premier 10/36 and/or 10/48 in Washington DC/Northern VA ?

kyfdx

jcole66 said:

Hello, what is the residual and money factor for the new 2016 Malibu Premier 10/36 and/or 10/48 in Washington DC/Northern VA ?

.00040 MF and 59% residual
.00060 MF and 52% residual.

$2125 lease cash.

scarpaul

Looking for MF and residual in Savannah, GA area for 2016 Malibu Premier 12K/yr for 39 mo and 48 mo. This is the new Malibu MSRP $36,550.

Michaell

scarpaul said:

Looking for MF and residual in Savannah, GA area for 2016 Malibu Premier 12K/yr for 39 mo and 48 mo. This is the new Malibu MSRP $36,550.

.00040 and 56% for 39/12
.00060 and 53% for 48/12

$2125 lease cash

Royals_1969

Hello, what is the Residual, MF and lease cash for the NEW 2016 Malibu 1LT w/Convenience and Technology Package. 24/12K in New York. Also is there any conquest cash available on top of the lease cash?
Thanks
Royals

kyfdx

Royals_1969 said:

Hello, what is the Residual, MF and lease cash for the NEW 2016 Malibu 1LT w/Convenience and Technology Package. 24/12K in New York. Also is there any conquest cash available on top of the lease cash?
Thanks
Royals

.00050 MF and 66% residual. $2125 lease cash.

I don't have the answer on conquest cash.

kf5993

Hello all,

I've been following this forum on dozens of vehicles for the last couple of years. I've always loved the insight it provides as buyers can never be fueled with enough knowledge especially as one can argue that leasing isn't as straight forward as your typical 0% for 60 mo finance offer.

With that being said, I decided to look at a 2016 Malibu as I've heard a lot of hype. I haven't seen any monthly payment quotes for the new model so I wanted to share what I was offered...

Nightfall Gray/Black
MSRP: $35,675
Net Cap Cost: $33,741
Taxes: $2,7xx
Residual: $19,978 (56%)
Money Factor:
Term: 39 mo
Miles: 12k
Payment with 1st month down: $345/mo

Not bad for a $36k car with virtually no money down. The premier has more features than one can imagine... it even parks itself. My only complaint is that xenon headlights aren't an option... c'mon GM. Regardless, it sounded like a good deal but I can't figure out where they got that when I punch the numbers in my home-built lease calculator. My numbers come back with the $370 range. But looking at the deal more, rebates of $2500 were applied without any further negotiation on the price and the quote for taxes should reflect Illinois' lease law which states a lessee pays taxes on the depreciated value, not the purchase price. This leads me to believe I can do a little better. Ultimately, I would shoot for $329.

The dealer experience was great, this was the first and only offer they presented to me after the test drive. I didn't try to negotiate as I will have to remain in my Volkswagen lease probably till the end of the summer-ish. I think the dealership wants me to have the Malibu more than I want it (which is good for me), so I'm sure they'll be on me about getting out of the VW CC.

FYI, for those wondering why the rebate may seem larger, the Chicago Auto Show is going on which gives dealers an extra $500-1000 to play around with, depending on the model.

Royals_1969

I'll be heading to dealership on Monday the 15th to negotiate a deal on a NEW Malibu 1LT with convenience and technology. MSRP is $26,700. I'm going to see if I can get under $200 with ZERO out of pocket.
I'll post my results then..I've had some preliminary emails back and forth with one dealership here on Long Island. We'll see.

texasdk

Hi there, what is the residual and MF for 15K/36 months 2016 Malibu 2LZ Premier 2016 in Texas? MSRP is $35,675.

Michaell

texasdk said:

Hi there, what is the residual and MF for 15K/36 months 2016 Malibu 2LZ Premier 2016 in Texas? MSRP is $35,675.

.00040 and 56%. $2125 lease cash.

texasdk

Michaell said:

texasdk said:

Hi there, what is the residual and MF for 15K/36 months 2016 Malibu 2LZ Premier 2016 in Texas? MSRP is $35,675.

.00040 and 56%. $2125 lease cash.

Thanks. The dealer has come down almost $5600 from MSRP but not budging on the Money Factor. Still insisting on 0.00125 which is adding almost $40 to my monthly lease payments compared to MF of 0.00040.

Michaell

texasdk said:

Michaell said:

texasdk said:

Hi there, what is the residual and MF for 15K/36 months 2016 Malibu 2LZ Premier 2016 in Texas? MSRP is $35,675.

.00040 and 56%. $2125 lease cash.

Thanks. The dealer has come down almost $5600 from MSRP but not budging on the Money Factor. Still insisting on 0.00125 which is adding almost $40 to my monthly lease payments compared to MF of 0.00040.

Is this the new Malibu or the Malibu limited? Different numbers.

texasdk

Michaell said:

Hi there, what is the residual and MF for 15K/36 months 2016 Malibu 2LZ Premier 2016 in Texas? MSRP is $35,675.

.00040 and 56%. $2125 lease cash.

Thanks. The dealer has come down almost $5600 from MSRP but not budging on the Money Factor. Still insisting on 0.00125 which is adding almost $40 to my monthly lease payments compared to MF of 0.00040.

Is this the new Malibu or the Malibu limited? Different numbers.

New 2016 2LZ premier Malibu and not the Malibu Limited.

Michaell

texasdk said:

Michaell said:

texasdk said:

Michaell said:

texasdk said:

Hi there, what is the residual and MF for 15K/36 months 2016 Malibu 2LZ Premier 2016 in Texas? MSRP is $35,675.

.00040 and 56%. $2125 lease cash.

Thanks. The dealer has come down almost $5600 from MSRP but not budging on the Money Factor. Still insisting on 0.00125 which is adding almost $40 to my monthly lease payments compared to MF of 0.00040.

Is this the new Malibu or the Malibu limited? Different numbers.

New 2016 2LZ premier Malibu and not the Malibu Limited.

The numbers we have are from GM Financial .. could this be funded through a different bank?

texasdk

New 2016 2LZ premier Malibu and not the Malibu Limited.
The numbers we have are from GM Financial .. could this be funded through a different bank?

The dealer said the MF was from GM Financial. May not be being honest i am assuming.

Michaell

texasdk said:

New 2016 2LZ premier Malibu and not the Malibu Limited.
The numbers we have are from GM Financial .. could this be funded through a different bank?

The dealer said the MF was from GM Financial. May not be being honest i am assuming.

They are allowed to mark it up ... guess it's time to find a different Chevy dealer.

Royals_1969

I went to two dealerships yesterday to negotiate a $199 lease
for NEW design 2016 Malibu 1LT with Conv & Tech package.(MSRP $26,790)
Lease is 24 month/12K miles, paying only DMV and 1st payment at signing in NY.
At both dealerships, lease cash and rebates totaled $4,125..($2,125 + $500 + $1,500 conquest).
Residual 66% and MF .00050.
1st dealership started at $309, and after an hour eventually came down to $269 and didnt budge after that. I never got the sell price from him, only I was told it was $700 below invoice. Not happy with this dealership price, I went to another.
2nd dealership started at $249 and after long negotiating and trying to leave dealership two times, I was able to get my $199 per month. They didn’t have car color (Silver Ice), and are doing a ‘locate’, which will take a couple days I was told. I left a $500 deposit. I’ll post sell price/net cap cost etc..numbers after I pick up vehicle, but message to all, it pays to shop around.
Royals

barry1091

Royals,

Looking in NYC for a similar car. How far out on LI is the dealership (name?) that offered you the $199 deal?

Royals_1969

barry1091 said:

Royals,

Looking in NYC for a similar car. How far out on LI is the dealership (name?) that offered you the $199 deal?

It was at atlantic chevy/cadillac in Bayshore Long Island.

Royals_1969

Royals_1969 said:

I went to two dealerships yesterday to negotiate a $199 lease
for NEW design 2016 Malibu 1LT with Conv & Tech package.(MSRP $26,790)
Lease is 24 month/12K miles, paying only DMV and 1st payment at signing in NY.
At both dealerships, lease cash and rebates totaled $4,125..($2,125 + $500 + $1,500 conquest).
Residual 66% and MF .00050.
1st dealership started at $309, and after an hour eventually came down to $269 and didnt budge after that. I never got the sell price from him, only I was told it was $700 below invoice. Not happy with this dealership price, I went to another.
2nd dealership started at $249 and after long negotiating and trying to leave dealership two times, I was able to get my $199 per month. They didn’t have car color (Silver Ice), and are doing a ‘locate’, which will take a couple days I was told. I left a $500 deposit. I’ll post sell price/net cap cost etc..numbers after I pick up vehicle, but message to all, it pays to shop around.
Royals

Picked up Car today.
here are the numbers:
MSRP $26,790
Sell price = $25,060

thebigtuna1979

Hey Royals_1969, so $199 a month including NY Tax? Nothing out of pocket?. I remember you were also looking at VW's on the other forums. Might consider this car if its leasing this low.