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2016 Chevrolet Colorado Lease Questions

2

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  • MichaellMichaell Moderator Posts: 258,896

    In CA. Looking for 24/15 or 36/15. If there is a sweet spot somewhere that would be great to know. 

    What cab style? What trim level? 2WD or 4WD?

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  • zeusmonteszeusmontes Member Posts: 8
    Michaell said:
    In CA. Looking for 24/15 or 36/15. If there is a sweet spot somewhere that would be great to know. 
    What cab style? What trim level? 2WD or 4WD?
    Sorry, crew cab, LT, 4WD, short box
  • kyfdxkyfdx Moderator Posts: 260,735


    Michaell said:

    In CA. Looking for 24/15 or 36/15. If there is a sweet spot somewhere that would be great to know. 

    What cab style? What trim level? 2WD or 4WD?

    Sorry, crew cab, LT, 4WD, short box

    .00199 MF and 77% residual
    .00149 MF and 68% residual

    39 month: .00149 MF and 66% residual

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  • gottaleasegottalease Member Posts: 6
    Can you please provide the 36/10 36/12 RV & MF for 2016 Colorado LT 4wd Crew Cab short box in NY. Thank you!
  • MichaellMichaell Moderator Posts: 258,896

    Can you please provide the 36/10 36/12 RV & MF for 2016 Colorado LT 4wd Crew Cab short box in NY. Thank you!

    .00149 and 71% / 70%

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  • gottaleasegottalease Member Posts: 6
    Thanks Michael! Do you have NY numbers on 39/12 & 10?

    Headed to the dealer shortly and looking to get it under $300/mo with very little money down and if the extra 3 months help I'll take it.

    MSRP 37720 want to include TTL in pymts (7% NY upfront so estimating at $800 + $500 doc fees + ... this is a big one ... payoff my current competitive lease $1,300 (6 mos pymts left)) ... what do you think? Is $300/mo possible with 10K lease numbers you gave?

    in my mind I'm taking the msrp subtracting the rv, dividing by lease months and getting my payment -- doing that with MSRP will give me my pymt if I pay sticker -- is this correct? If I want to include TTL I'll need them to come down from sticker to compensate for those additional fees (using my numbers above $1300 for TTL & $1300 for current lease)...right?
  • MichaellMichaell Moderator Posts: 258,896

    Thanks Michael! Do you have NY numbers on 39/12 & 10?

    Headed to the dealer shortly and looking to get it under $300/mo with very little money down and if the extra 3 months help I'll take it.

    MSRP 37720 want to include TTL in pymts (7% NY upfront so estimating at $800 + $500 doc fees + ... this is a big one ... payoff my current competitive lease $1,300 (6 mos pymts left)) ... what do you think? Is $300/mo possible with 10K lease numbers you gave?

    in my mind I'm taking the msrp subtracting the rv, dividing by lease months and getting my payment -- doing that with MSRP will give me my pymt if I pay sticker -- is this correct? If I want to include TTL I'll need them to come down from sticker to compensate for those additional fees (using my numbers above $1300 for TTL & $1300 for current lease)...right?

    39 month numbers - same MF, subtract 2% from residual.

    Getting to $300/mo on a $38K truck is a stretch, especially with the trade. It all depends on how much - if any - discount you can negotiate from the sticker price.

    And, you need to account for the rent charge (aka interest) - that .00149 is a pretty high number. And, like you state, the taxes and fees have to be paid somehow - either up front when you sign the paperwork or you can add them into the capitalized cost and pay them over the lease term.

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  • gottaleasegottalease Member Posts: 6
    hi michael -one last time - can you provide rv & mf for 40/10 lease on 2016 Chevy Colorado Z71 4wd crew cab NY
  • gottaleasegottalease Member Posts: 6
    please forgive me ... TYPO in my last request ...

    looking for rv & mf for 48/10 lease on 2016 Chevy Colorado Z71 4wd crew cab NY

    THANK YOU!
  • MichaellMichaell Moderator Posts: 258,896

    please forgive me ... TYPO in my last request ...

    looking for rv & mf for 48/10 lease on 2016 Chevy Colorado Z71 4wd crew cab NY

    THANK YOU!

    .00164 and 63%

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  • fisher_stevensfisher_stevens Member Posts: 6
    For a 2016 Colorado LT Crew Cab 4wd in Indiana what is the residual and MF for 36/10? Thank you!
  • MichaellMichaell Moderator Posts: 258,896

    For a 2016 Colorado LT Crew Cab 4wd in Indiana what is the residual and MF for 36/10? Thank you!

    .00149 and 71%

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  • adam127adam127 Member Posts: 18
    What are the current rates for a V6 2WD, 39, 48 month, 10k miles, LT, Z71
  • MichaellMichaell Moderator Posts: 258,896
    adam127 said:

    What are the current rates for a V6 2WD, 39, 48 month, 10k miles, LT, Z71

    What cab style?

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  • adam127adam127 Member Posts: 18
    Michaell said:
    What are the current rates for a V6 2WD, 39, 48 month, 10k miles, LT, Z71
    What cab style?
    Crew cab
  • MichaellMichaell Moderator Posts: 258,896
    adam127 said:


    Michaell said:

    adam127 said:

    What are the current rates for a V6 2WD, 39, 48 month, 10k miles, LT, Z71

    What cab style?

    Crew cab

    39/10 - .00149 and 69%
    48/10 - .00164 and 63%

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  • adam127adam127 Member Posts: 18
    Michaell said:

    adam127 said:


    Michaell said:

    adam127 said:

    What are the current rates for a V6 2WD, 39, 48 month, 10k miles, LT, Z71

    What cab style?

    Crew cab
    39/10 - .00149 and 69%
    48/10 - .00164 and 63%

    Thanks!

    What's the average discount people are seeing? My local dealer said on an MSRP of 33,335 they said the best they could do is 32,500 selling price. 427 a month with 0 due at singing. According to my calculations, at that selling price it should be 390ish a month with 0 due at signing assuming they don't mark anything up.

    I was hoping to get 380 a month with 0 due at signing, does that sound possible or is it way below invoice?
  • MichaellMichaell Moderator Posts: 258,896
    adam127 said:

    Michaell said:

    adam127 said:


    Michaell said:

    adam127 said:

    What are the current rates for a V6 2WD, 39, 48 month, 10k miles, LT, Z71

    What cab style?

    Crew cab
    39/10 - .00149 and 69%
    48/10 - .00164 and 63%
    Thanks!

    What's the average discount people are seeing? My local dealer said on an MSRP of 33,335 they said the best they could do is 32,500 selling price. 427 a month with 0 due at singing. According to my calculations, at that selling price it should be 390ish a month with 0 due at signing assuming they don't mark anything up.

    I was hoping to get 380 a month with 0 due at signing, does that sound possible or is it way below invoice?

    We don't track selling prices; use the "make / model / year" pull downs at the top of the page to link to the price tools.

    That said, the Colorado is extremely popular and I can't say I'm surprised that you're getting a minimal discount from the dealer.

    Remember, there are costs associated with a lease - bank fee, for one - that you don't have when you buy outright.

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  • dgannon82dgannon82 Member Posts: 11
    Curent MF and RV on Colorado Crew Cab z71 4x4 with the 2.8 diesel? 36/10,12, and 15k. 39 month option any better than 36? Thanks in advance!
  • MichaellMichaell Moderator Posts: 258,896
    dgannon82 said:

    Curent MF and RV on Colorado Crew Cab z71 4x4 with the 2.8 diesel? 36/10,12, and 15k. 39 month option any better than 36? Thanks in advance!

    .00149 and 68% for 36/15. Add 2% for 12K and 3% for 10K. Subtract 2% for 39 months.

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  • ravforme1ravforme1 Member Posts: 36
    edited July 2016
    Looking for 24/12, 36/12, 39/12 MF and RV on a 2016 Colorado LT Crew 4x4 3.6 V6

    Any lease cash?

    Located in Oregon

    Thanks!
  • MichaellMichaell Moderator Posts: 258,896
    ravforme1 said:

    Looking for 24/12, 36/12, 39/12 MF and RV on a 2016 Colorado LT Crew 4x4 3.6 V6

    Any lease cash?

    Located in Oregon

    Thanks!

    24/12 - .00199 and 78%
    36/12 - .00149 and 70%; subtract 2% for 39/12

    No lease cash; Chevy is moving every Colorado they can build.

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  • Looking at 2016 Z71 Colorado CrewCab with Diesel. List is $37,740. MRSP $41,040.
    It's in NC and I live in SC if that matters. For taxes I assume it does

    With 3K down, what kind of payment would I be looking at for 36 or 39. Probably keep at end
    of lease so either is fine.
  • kyfdxkyfdx Moderator Posts: 260,735
    awraynor said:

    Looking at 2016 Z71 Colorado CrewCab with Diesel. List is $37,740. MRSP $41,040.
    It's in NC and I live in SC if that matters. For taxes I assume it does

    With 3K down, what kind of payment would I be looking at for 36 or 39. Probably keep at end
    of lease so either is fine.

    Is it 2WD or 4WD?

    South Carolina maximum sales tax on a car lease or purchase is just $300.

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  • [Deleted User][Deleted User] Posts: 0
    edited July 2016
    It's 4WD.

    Are the rates similar for full-size trucks. I've been seeing some incredible discounts for full-size models and only none to small reductions for the Colorado or Canyon?
  • MichaellMichaell Moderator Posts: 258,896
    awraynor said:

    It's 4WD.

    Are the rates similar for full-size trucks. I've been seeing some incredible discounts for full-size models and only none to small reductions for the Colorado or Canyon?

    Colorado and Canyon are not leasing well compared to the Silverado or Sierra.

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  • Interesting. I like the slightly smaller size of the Colorado for day to day driving, the diesel also.

    If I were looking at the above mentioned Colorado, how would that lease payment compare to a 2016 Sierra Double Cab, 4WD compare with MSRP of say $44K compare with 4K down compare.
  • MichaellMichaell Moderator Posts: 258,896
    awraynor said:

    Interesting. I like the slightly smaller size of the Colorado for day to day driving, the diesel also.

    If I were looking at the above mentioned Colorado, how would that lease payment compare to a 2016 Sierra Double Cab, 4WD compare with MSRP of say $44K compare with 4K down compare.

    We'd need to know the adjusted cap cost of both vehicles in order to model a payment.

    GM is having no problem moving every one of these they build.

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  • sspringlesspringle Member Posts: 32
    What is the residual and mf for 24/12 miles or 24/10 for a 4wd Z71 crew cab colorado? Can you use the 5% cash back towards lease or just purchase?
  • MichaellMichaell Moderator Posts: 258,896
    sspringle said:

    What is the residual and mf for 24/12 miles or 24/10 for a 4wd Z71 crew cab colorado? Can you use the 5% cash back towards lease or just purchase?

    Sorry, we haven't yet seen the Chevrolet lease programs for August.

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  • terry168terry168 Member Posts: 2
    edited August 2016
    NC lease 2016 Colorado 4x4 Z71 Short Bed 12K miles yr, $1K or $2K down MSRP $37140 Thanks
  • MichaellMichaell Moderator Posts: 258,896
    terry168 said:

    NC lease 2016 Colorado 4x4 Z71 Short Bed 12K miles yr, $1K or $2K down MSRP $37140 Thanks

    We haven't yet seen any Chevrolet lease numbers for August, sorry.

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  • kyfdxkyfdx Moderator Posts: 260,735
    sspringle said:

    What is the residual and mf for 24/12 miles or 24/10 for a 4wd Z71 crew cab colorado? Can you use the 5% cash back towards lease or just purchase?

    .00199 MF and 79%/80% residual.

    No info on the cash back.

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  • kyfdxkyfdx Moderator Posts: 260,735
    terry168 said:

    NC lease 2016 Colorado 4x4 Z71 Short Bed 12K miles yr, $1K or $2K down MSRP $37140 Thanks

    Extended cab or Crew cab?

    How many months?

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  • sspringlesspringle Member Posts: 32
    What is the 36 month 12k residual and mf on Crew cab Z71 colorado?
  • sspringlesspringle Member Posts: 32
    Can the mf on a chevrolet be bought down with multiple security deposits like on a bmw? If so how many mds's can you do and what discount does each offer?
  • MichaellMichaell Moderator Posts: 258,896
    sspringle said:

    What is the 36 month 12k residual and mf on Crew cab Z71 colorado?

    .00149 and .... hmmm, 2WD or 4WD?

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  • MichaellMichaell Moderator Posts: 258,896
    sspringle said:

    Can the mf on a chevrolet be bought down with multiple security deposits like on a bmw? If so how many mds's can you do and what discount does each offer?

    I don't believe GM Financial offers an MSD program

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  • terry168terry168 Member Posts: 2
    kyfdx said:

    terry168 said:

    NC lease 2016 Colorado 4x4 Z71 Short Bed 12K miles yr, $1K or $2K down MSRP $37140 Thanks

    Extended cab or Crew cab?

    How many months?
    36 or 48 months, CrewCab, thanks!
  • sspringlesspringle Member Posts: 32
    4wd
  • MichaellMichaell Moderator Posts: 258,896
    Michaell said:

    sspringle said:

    What is the 36 month 12k residual and mf on Crew cab Z71 colorado?

    .00149 and .... hmmm, 2WD or 4WD?
    sspringle said:

    4wd

    70%

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  • MichaellMichaell Moderator Posts: 258,896
    terry168 said:

    kyfdx said:

    terry168 said:

    NC lease 2016 Colorado 4x4 Z71 Short Bed 12K miles yr, $1K or $2K down MSRP $37140 Thanks

    Extended cab or Crew cab?

    How many months?
    36 or 48 months, CrewCab, thanks!
    36/12 - .00149 and 70%
    48/12 - .00164 and 62%

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  • truckerdan1truckerdan1 Member Posts: 5
    edited August 2016
    NJ zip code 07838
    Z71 V6 4x4 crew short and long bed

    36mo 10k mi
    39mo 10k mi

    And do you know if GMC Canyon rates are the same?

    Thank you!!!
  • kyfdxkyfdx Moderator Posts: 260,735

    NJ zip code 07838
    Z71 V6 4x4 crew short and long bed

    36mo 10k mi
    39mo 10k mi

    And do you know if GMC Canyon rates are the same?

    Thank you!!!

    .00149 MF and 71%/69% residual.

    Canyon has the same numbers

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  • bmclark3bmclark3 Member Posts: 14
    Hello,

    Could you please provide the MF and residual for the 2016 Colorado LT and Z71 for a 4WD Crew Cab for 24mo/15k mi? Are there any conquest or loyalty rebates? I am located in Southwest Florida.

    Thanks in advance!
  • MichaellMichaell Moderator Posts: 258,896
    bmclark3 said:

    Hello,

    Could you please provide the MF and residual for the 2016 Colorado LT and Z71 for a 4WD Crew Cab for 24mo/15k mi? Are there any conquest or loyalty rebates? I am located in Southwest Florida.

    Thanks in advance!

    .00199 and 77% (LT) or 78% (Z71). No incentives.

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  • bmclark3bmclark3 Member Posts: 14
    Michaell said:



    .00199 and 77% (LT) or 78% (Z71). No incentives.

    Is that for GMF or Ally?
  • MichaellMichaell Moderator Posts: 258,896
    bmclark3 said:

    Michaell said:



    .00199 and 77% (LT) or 78% (Z71). No incentives.

    Is that for GMF or Ally?
    GM Financial

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  • bmclark3bmclark3 Member Posts: 14
    Great, thank you!
  • bucks84bucks84 Member Posts: 3
    Hello (First time poster),

    My parents are looking for a truck and just received a lease quote on a Colorado LT 4x4 Crew Cab Long Box (No packages) for 36m/15k for $539 plus ttl in Washington state, with 3k down (481 with 5k) and T1 credit. These are preliminary numbers, but it still seems a bit... high.

    Waiting to hear back to verify Adj. Cap Cost, MF, Residual and any Acquisition Fees.... but by my math, I can't conceive a way where the payment should be that high, unless the MF is roughly .0042 or something (Especially since ttl was not included). MSRP is $33,930.

    So, I guess my question is... what is the MF and Residual for Washington right now?
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