2016 Chevrolet Trax Lease Questions

kyfdxkyfdx Moderator Posts: 267,755
edited March 2016 in Chevrolet
Ask your 2016 Trax questions here!

Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!

Edmunds Moderator

Comments

  • arn1925arn1925 Member Posts: 6
    Can you provide current lease cash, money factor and residual for 2016 Trax LT 12k/15k 24 month lease. This would be in Tennessee. Thanks
  • kyfdxkyfdx Moderator Posts: 267,755
    arn1925 said:

    Can you provide current lease cash, money factor and residual for 2016 Trax LT 12k/15k 24 month lease. This would be in Tennessee. Thanks

    .00040 MF and 66%/65% residual. $1090 lease cash

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • arn1925arn1925 Member Posts: 6
    Sorry, but I realized that one I am considering is a remaining new 2015, LTZ. Does that change the residual?
  • kyfdxkyfdx Moderator Posts: 267,755
    arn1925 said:

    Sorry, but I realized that one I am considering is a remaining new 2015, LTZ. Does that change the residual?

    No 2015 model lease information. Don't think you can lease a 2015 Trax.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • arn1925arn1925 Member Posts: 6
    I sure see why there are so many 2015 Trax on the lots in middle Tennessee.

    While I was able to get the .00040 MR and 65% residual, they are trying to add so many fees that the lease did not work out.

    I had a $3000 bonus and $400 from GM Card to use by today.

    They are adding a $595 Acquisition Fee, $494 Capitalization Tax and even something called a business vehicle tax to the lease. Does GM Financial have such a high acquisition fee on a 24 month lease?

    They basically said that on a 24 month / 15K lease I would have

    MSRP 27685
    Selling Price 25845
    Down payment $595
    Bonus savings 3400 as additional down payment
    but result in adj. cap cost of $23996 with all the fees.
    resulting in 24 payments of $285
    and $395 disposition fee.
    That is a total lease cost of $10,635

    This did not seem like a good deal on a Trax.
  • meh3485meh3485 Member Posts: 34
    Can you provide current lease cash, money factor and residual for 2016 Trax LT 12k/15k 24/36 month lease.
    This is for New York/New Jersey area
    Thanks!
  • MichaellMichaell Moderator Posts: 264,847
    meh3485 said:

    Can you provide current lease cash, money factor and residual for 2016 Trax LT 12k/15k 24/36 month lease.
    This is for New York/New Jersey area
    Thanks!

    24/15 - .00040 and 65%. Add 1% for 12K
    36/15 - .00040 and 54%. Add 2% for 12K
    $1090 lease cash

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • camella1camella1 Member Posts: 4
    Can you please provide RV and MF for Trax for both LS and LT
    12K/36 month lease
    this is for Eastern PA
    Thanks!
  • kyfdxkyfdx Moderator Posts: 267,755
    camella1 said:

    Can you please provide RV and MF for Trax for both LS and LT
    12K/36 month lease
    this is for Eastern PA
    Thanks!

    .00040 MF and 56% residual. $1090 lease cash.

    For all trims.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • PF_FlyerPF_Flyer Member Posts: 9,372
    A reporter is looking to speak with car shoppers who recently purchased a truck or SUV instead of a coupe or sedan because they were influenced (at least in part) by today's low gas prices. If this sounds like your experience and you're willing to help, please contact pr@edmunds.com by no later than May 24, 2016.
  • bobbflobobbflo Member Posts: 7
    MR MODERATOR- Are the numbers still .00040 and 56% on a 36/12k in NY? Also- Lease, Loyalty and Bonus Cash still available to work the net cap cost down?
  • MichaellMichaell Moderator Posts: 264,847
    bobbflo said:

    MR MODERATOR- Are the numbers still .00040 and 56% on a 36/12k in NY? Also- Lease, Loyalty and Bonus Cash still available to work the net cap cost down?

    Those numbers are still correct for August. I only see $1090 lease cash.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • bobbflobobbflo Member Posts: 7
    Mr Moderator- going in for another one of these- missed the black friday specials, expiring 11-30...and clue what to expect in Decemeber? Money Factor, Residuals for a 36/12k in NY? Lease cash, bonus, etc available? Thanks bob in buffalo
  • kyfdxkyfdx Moderator Posts: 267,755
    bobbflo said:

    Mr Moderator- going in for another one of these- missed the black friday specials, expiring 11-30...and clue what to expect in Decemeber? Money Factor, Residuals for a 36/12k in NY? Lease cash, bonus, etc available? Thanks bob in buffalo

    .00040 MF and 56% residual.
    $1600 lease cash

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

Sign In or Register to comment.

Your Privacy

By accessing this website, you acknowledge that Edmunds and its third party business partners may use cookies, pixels, and similar technologies to collect information about you and your interactions with the website as described in our Privacy Statement, and you agree that your use of the website is subject to our Visitor Agreement.