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2016 Chevrolet Trax Lease Questions

kyfdxkyfdx Posts: 128,285
edited March 2016 in Chevrolet
Ask your 2016 Trax questions here!

Did you get a good deal? Be sure to come back and share!

Edmunds Moderator

Comments

  • arn1925arn1925 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 Posts: 128,285
    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

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • arn1925arn1925 Posts: 6
    Sorry, but I realized that one I am considering is a remaining new 2015, LTZ. Does that change the residual?
  • kyfdxkyfdx Posts: 128,285
    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.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • arn1925arn1925 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 Posts: 22
    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 ColoradoPosts: 121,846
    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

    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 / 2014 MINI Countryman S ALL4

  • camella1camella1 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 Posts: 128,285
    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.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • PF_FlyerPF_Flyer Pennsylvania Furnace, PAPosts: 9,237
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  • bobbflobobbflo 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 ColoradoPosts: 121,846
    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.

    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 / 2014 MINI Countryman S ALL4

  • 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 Posts: 128,285
    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

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

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