2017 Chevrolet Cruze Lease Deals and Prices

beardtw12

midisfan said:

beardtw12 said:

Thank you kyfdx. For those who are interested, looks like GM is offering (as of yesterday) $2500 incentive plus $1500 Lease Conquest incentive for total of $4000. I'm eyeing Cruze LT Sedan (MSRP $24,265)....with advertised $3000 dealer discount (in addition to $4000 incentives - and maybe even more of a discount, haven't negotiated yet), selling price should be $17,265 or better. With 24/10 numbers, I'm hoping to score around $111/mth (or better) before tax with no cap cost reduction. I'll report back with results...

Change of plans. Decided to look at Cruze Premier with Confidence II package instead. Dealer is offering $4k discount on top of $4k GM incentives ($2500 GM rebate and $1500 Lease Conquest). 

-MSRP is $26,065
-Selling price with discount and rebates is $18,065
-24/10 term with GM Acquisition Fee Waiver
-Payments should be $99/month before tax with $0 down payment 
-Due at signing should be first month payment, doc/reg fees

Car will be registered in Kentucky but leased from dealer in Ohio. Does anyone know if the GM rebates ($4k) will be taxed? I thought I read somewhere that Kentucky is one of a few states that doesn't tax those rebates. 

Isn't the $2500 rebate for purchases on;y? I thought the lease cash was $1200.

Seems to be the question of the day. I'm led to believe by several dealers that the $2500 can be applied to leases. I'll find out for sure this weekend. 

Michaell

midisfan said:

beardtw12 said:

beardtw12 said:

Thank you kyfdx.

For those who are interested, looks like GM is offering (as of yesterday) $2500 incentive plus $1500 Lease Conquest incentive for total of $4000. I'm eyeing Cruze LT Sedan (MSRP $24,265)....with advertised $3000 dealer discount (in addition to $4000 incentives - and maybe even more of a discount, haven't negotiated yet), selling price should be $17,265 or better. With 24/10 numbers, I'm hoping to score around $111/mth (or better) before tax with no cap cost reduction. I'll report back with results...

Change of plans. Decided to look at Cruze Premier with Confidence II package instead. Dealer is offering $4k discount on top of $4k GM incentives ($2500 GM rebate and $1500 Lease Conquest). 

-MSRP is $26,065
-Selling price with discount and rebates is $18,065
-24/10 term with GM Acquisition Fee Waiver
-Payments should be $99/month before tax with $0 down payment 
-Due at signing should be first month payment, doc/reg fees

Car will be registered in Kentucky but leased from dealer in Ohio. Does anyone know if the GM rebates ($4k) will be taxed? I thought I read somewhere that Kentucky is one of a few states that doesn't tax those rebates. 

Isn't the $2500 rebate for purchases on;y? I thought the lease cash was $1200.

I only show the $1200 lease cash in our information.

If there has been a mid-month update to the lease incentives, we wouldn't necessarily know about it.

To answer the original question - we don't know about individual state tax rules regarding incentives.

Check with your state department of revenue.

beardtw12

Michaell said:

beardtw12 said:

Thank you kyfdx. For those who are interested, looks like GM is offering (as of yesterday) $2500 incentive plus $1500 Lease Conquest incentive for total of $4000. I'm eyeing Cruze LT Sedan (MSRP $24,265)....with advertised $3000 dealer discount (in addition to $4000 incentives - and maybe even more of a discount, haven't negotiated yet), selling price should be $17,265 or better. With 24/10 numbers, I'm hoping to score around $111/mth (or better) before tax with no cap cost reduction. I'll report back with results...

Change of plans. Decided to look at Cruze Premier with Confidence II package instead. Dealer is offering $4k discount on top of $4k GM incentives ($2500 GM rebate and $1500 Lease Conquest). 

-MSRP is $26,065
-Selling price with discount and rebates is $18,065
-24/10 term with GM Acquisition Fee Waiver
-Payments should be $99/month before tax with $0 down payment 
-Due at signing should be first month payment, doc/reg fees

Car will be registered in Kentucky but leased from dealer in Ohio. Does anyone know if the GM rebates ($4k) will be taxed? I thought I read somewhere that Kentucky is one of a few states that doesn't tax those rebates. 

Isn't the $2500 rebate for purchases on;y? I thought the lease cash was $1200.

I only show the $1200 lease cash in our information. If there has been a mid-month update to the lease incentives, we wouldn't necessarily know about it. To answer the original question - we don't know about individual state tax rules regarding incentives. Check with your state department of revenue.

Michaell said:

beardtw12 said:

Thank you kyfdx. For those who are interested, looks like GM is offering (as of yesterday) $2500 incentive plus $1500 Lease Conquest incentive for total of $4000. I'm eyeing Cruze LT Sedan (MSRP $24,265)....with advertised $3000 dealer discount (in addition to $4000 incentives - and maybe even more of a discount, haven't negotiated yet), selling price should be $17,265 or better. With 24/10 numbers, I'm hoping to score around $111/mth (or better) before tax with no cap cost reduction. I'll report back with results...

Change of plans. Decided to look at Cruze Premier with Confidence II package instead. Dealer is offering $4k discount on top of $4k GM incentives ($2500 GM rebate and $1500 Lease Conquest). 

-MSRP is $26,065
-Selling price with discount and rebates is $18,065
-24/10 term with GM Acquisition Fee Waiver
-Payments should be $99/month before tax with $0 down payment 
-Due at signing should be first month payment, doc/reg fees

Car will be registered in Kentucky but leased from dealer in Ohio. Does anyone know if the GM rebates ($4k) will be taxed? I thought I read somewhere that Kentucky is one of a few states that doesn't tax those rebates. 

Isn't the $2500 rebate for purchases on;y? I thought the lease cash was $1200.

I only show the $1200 lease cash in our information. If there has been a mid-month update to the lease incentives, we wouldn't necessarily know about it. To answer the original question - we don't know about individual state tax rules regarding incentives. Check with your state department of revenue.

Thank you Michaell. Unrelated question - how does one find the residual value and money factor for a non-captive lease (meaning the numbers above are probably for GMF, but how would I find what numbers US Bank, Ally, etc. have)?

kyfdx

beardtw12 said:

Michaell said:

beardtw12 said:

Thank you kyfdx.

For those who are interested, looks like GM is offering (as of yesterday) $2500 incentive plus $1500 Lease Conquest incentive for total of $4000. I'm eyeing Cruze LT Sedan (MSRP $24,265)....with advertised $3000 dealer discount (in addition to $4000 incentives - and maybe even more of a discount, haven't negotiated yet), selling price should be $17,265 or better. With 24/10 numbers, I'm hoping to score around $111/mth (or better) before tax with no cap cost reduction. I'll report back with results...

Change of plans. Decided to look at Cruze Premier with Confidence II package instead. Dealer is offering $4k discount on top of $4k GM incentives ($2500 GM rebate and $1500 Lease Conquest). 

-MSRP is $26,065
-Selling price with discount and rebates is $18,065
-24/10 term with GM Acquisition Fee Waiver
-Payments should be $99/month before tax with $0 down payment 
-Due at signing should be first month payment, doc/reg fees

Car will be registered in Kentucky but leased from dealer in Ohio. Does anyone know if the GM rebates ($4k) will be taxed? I thought I read somewhere that Kentucky is one of a few states that doesn't tax those rebates. 

Isn't the $2500 rebate for purchases on;y? I thought the lease cash was $1200.

I only show the $1200 lease cash in our information.

If there has been a mid-month update to the lease incentives, we wouldn't necessarily know about it.

To answer the original question - we don't know about individual state tax rules regarding incentives.

Check with your state department of revenue.

Michaell said:

beardtw12 said:

Thank you kyfdx.

For those who are interested, looks like GM is offering (as of yesterday) $2500 incentive plus $1500 Lease Conquest incentive for total of $4000. I'm eyeing Cruze LT Sedan (MSRP $24,265)....with advertised $3000 dealer discount (in addition to $4000 incentives - and maybe even more of a discount, haven't negotiated yet), selling price should be $17,265 or better. With 24/10 numbers, I'm hoping to score around $111/mth (or better) before tax with no cap cost reduction. I'll report back with results...

Change of plans. Decided to look at Cruze Premier with Confidence II package instead. Dealer is offering $4k discount on top of $4k GM incentives ($2500 GM rebate and $1500 Lease Conquest). 

-MSRP is $26,065
-Selling price with discount and rebates is $18,065
-24/10 term with GM Acquisition Fee Waiver
-Payments should be $99/month before tax with $0 down payment 
-Due at signing should be first month payment, doc/reg fees

Car will be registered in Kentucky but leased from dealer in Ohio. Does anyone know if the GM rebates ($4k) will be taxed? I thought I read somewhere that Kentucky is one of a few states that doesn't tax those rebates. 



Isn't the $2500 rebate for purchases on;y? I thought the lease cash was $1200.

I only show the $1200 lease cash in our information.

If there has been a mid-month update to the lease incentives, we wouldn't necessarily know about it.

To answer the original question - we don't know about individual state tax rules regarding incentives.

Check with your state department of revenue.

Thank you Michaell. Unrelated question - how does one find the residual value and money factor for a non-captive lease (meaning the numbers above are probably for GMF, but how would I find what numbers US Bank, Ally, etc. have)?

We don't have that information. You just have to ask the dealer.

midisfan

The $2500 rebate is consumer PURCHASE cash. I think you will be looking at $1200 lease cash plus $1500 Competitive lease rebate unless they have increased the lease cash mid week. GMS on that MSRP is about 24,100 or about 2000 discount so 4k under msrp before rebates is great.

beardtw12

Worst car dealer experience ever. It would appear that everyone is correct - $2500 would not apply to lease. Dealer had told me beforehand that it would, they also confirmed $4k discount, RV, and MF. But when I got in there they completely changed everything and said sorry they were wrong - seemed like a ploy to just get me in the door. They said they would not honor the $4k discount on a lease (despite emails confirming they would), they would only do for purchase (I'm not sure what difference it makes to them). They did apply the $1200 lease cash but then tried to tell me $1500 Conquest doesn't apply to lease. They also tried to tell me the top tier MF for 24 AND 36 month lease is .00163. Despite calling them out on the markup and telling them that Conquest applies to lease, they just continued to lie and say I was wrong. Ended up just walking out as it was a complete waste of time. 

Michaell

beardtw12 said:

Worst car dealer experience ever. It would appear that everyone is correct - $2500 would not apply to lease. Dealer had told me beforehand that it would, they also confirmed $4k discount, RV, and MF. But when I got in there they completely changed everything and said sorry they were wrong - seemed like a ploy to just get me in the door. They said they would not honor the $4k discount on a lease (despite emails confirming they would), they would only do for purchase (I'm not sure what difference it makes to them). They did apply the $1200 lease cash but then tried to tell me $1500 Conquest doesn't apply to lease. They also tried to tell me the top tier MF for 24 AND 36 month lease is .00163. Despite calling them out on the markup and telling them that Conquest applies to lease, they just continued to lie and say I was wrong. Ended up just walking out as it was a complete waste of time. 

Feel free to write up a dealer review:

https://www.edmunds.com/dealer-reviews/

midisfan

beardtw12 said:

Worst car dealer experience ever. It would appear that everyone is correct - $2500 would not apply to lease. Dealer had told me beforehand that it would, they also confirmed $4k discount, RV, and MF. But when I got in there they completely changed everything and said sorry they were wrong - seemed like a ploy to just get me in the door. They said they would not honor the $4k discount on a lease (despite emails confirming they would), they would only do for purchase (I'm not sure what difference it makes to them). They did apply the $1200 lease cash but then tried to tell me $1500 Conquest doesn't apply to lease. They also tried to tell me the top tier MF for 24 AND 36 month lease is .00163. Despite calling them out on the markup and telling them that Conquest applies to lease, they just continued to lie and say I was wrong. Ended up just walking out as it was a complete waste of time. 

In my part of the woods, whenever a dealer advertises a vehicle at a sales price, it usually applies to the select few that qualify for every available rebate and are typically purchase only. As far as I know conquest at $1500 or lease loyalty at $500 are both applicable to leases. As far as what difference does it make to the dealer on rebates is that those rebates are through GM and if you don't qualify for them the dealer will end up eating the cost. That's my understanding. I don't work at a dealer but I've done about 12 deals over the last 3 years and have become decent at deciphering most of the BS.

beardtw12

Does it matter to a dealer if it's a purchase or a lease? The dealer advertises a dealer discount of $4k on the Premier on top of other incentives/offers...those other offers are listed separately to get to a final conditional price. But when they presented the lease deal, they said they would only offer a $3k dealer discount instead of the $4k because it was a lease and not purchase. This discount was separate from any other offers one might qualify for. 

Michaell

beardtw12 said:

Does it matter to a dealer if it's a purchase or a lease? The dealer advertises a dealer discount of $4k on the Premier on top of other incentives/offers...those other offers are listed separately to get to a final conditional price. But when they presented the lease deal, they said they would only offer a $3k dealer discount instead of the $4k because it was a lease and not purchase. This discount was separate from any other offers one might qualify for. 

Yes, there are very different incentives if you buy rather than lease. It will change the price offered to you by the dealer.

beardtw12

Michaell said:

Does it matter to a dealer if it's a purchase or a lease? The dealer advertises a dealer discount of $4k on the Premier on top of other incentives/offers...those other offers are listed separately to get to a final conditional price. But when they presented the lease deal, they said they would only offer a $3k dealer discount instead of the $4k because it was a lease and not purchase. This discount was separate from any other offers one might qualify for. 

Yes, there are very different incentives if you buy rather than lease. It will change the price offered to you by the dealer.

I know there are different incentives for the consumer but what about for the dealer? Does the dealer get paid differently by GM if it's a purchase vs lease? 

kyfdx

beardtw12 said:

Michaell said:

beardtw12 said:

Does it matter to a dealer if it's a purchase or a lease? The dealer advertises a dealer discount of $4k on the Premier on top of other incentives/offers...those other offers are listed separately to get to a final conditional price. But when they presented the lease deal, they said they would only offer a $3k dealer discount instead of the $4k because it was a lease and not purchase. This discount was separate from any other offers one might qualify for. 

Yes, there are very different incentives if you buy rather than lease. It will change the price offered to you by the dealer.

I know there are different incentives for the consumer but what about for the dealer? Does the dealer get paid differently by GM if it's a purchase vs lease? 

We don't have all of the incentive information

midisfan

beardtw12 said:

Michaell said:

beardtw12 said:

Does it matter to a dealer if it's a purchase or a lease? The dealer advertises a dealer discount of $4k on the Premier on top of other incentives/offers...those other offers are listed separately to get to a final conditional price. But when they presented the lease deal, they said they would only offer a $3k dealer discount instead of the $4k because it was a lease and not purchase. This discount was separate from any other offers one might qualify for. 

Yes, there are very different incentives if you buy rather than lease. It will change the price offered to you by the dealer.

I know there are different incentives for the consumer but what about for the dealer? Does the dealer get paid differently by GM if it's a purchase vs lease? 

My assumption would be yes, they would be compensated differently.

Michaell

midisfan said:

beardtw12 said:

Michaell said:

beardtw12 said:

Does it matter to a dealer if it's a purchase or a lease? The dealer advertises a dealer discount of $4k on the Premier on top of other incentives/offers...those other offers are listed separately to get to a final conditional price. But when they presented the lease deal, they said they would only offer a $3k dealer discount instead of the $4k because it was a lease and not purchase. This discount was separate from any other offers one might qualify for. 

Yes, there are very different incentives if you buy rather than lease. It will change the price offered to you by the dealer.

I know there are different incentives for the consumer but what about for the dealer? Does the dealer get paid differently by GM if it's a purchase vs lease? 

My assumption would be yes, they would be compensated differently.

What does it matter, so long as you get the deal you are looking for?

gigglegoddess

2017 Chevrolet Cruze LT w/ convenience package (automatic) sedan AND hatchback please.
36/39 months
12,000 miles
83634 (ID)

Michaell

gigglegoddess said:

2017 Chevrolet Cruze LT w/ convenience package (automatic) sedan AND hatchback please.
36/39 months
12,000 miles
83634 (ID)

.00085 and 55% (36/12) or 53% (39/12)

$1200 lease cash

mm7

Hi - sorry if I missed it and this has already been posted. Can I get the numbers on a Cruze Premier 24mth/10k in 60005 zip code (IL). Thanks!

Michaell

mm7 said:

Hi - sorry if I missed it and this has already been posted. Can I get the numbers on a Cruze Premier 24mth/10k in 60005 zip code (IL). Thanks!

Sedan or Hatch?

mm7

Sorry! Sedan. Thanks!

Michaell

mm7 said:

Hi - sorry if I missed it and this has already been posted. Can I get the numbers on a Cruze Premier 24mth/10k in 60005 zip code (IL). Thanks!

mm7 said:

Sorry! Sedan. Thanks!

.00063 and 64%. $1200 lease cash.

ann_bds

Hi, Does anyone have stats for the Cruze Sedan LS and Hatchback LT in Honolulu (96813)? Both auto and 24mo/12k. Thanks!

Michaell

ann_bds said:

Hi, Does anyone have stats for the Cruze Sedan LS and Hatchback LT in Honolulu (96813)? Both auto and 24mo/12k. Thanks!

.00076 and 62% for both

$1000 lease cash on hatch; none on sedan LS

ann_bds

Michaell said:

Hi, Does anyone have stats for the Cruze Sedan LS and Hatchback LT in Honolulu (96813)? Both auto and 24mo/12k. Thanks!

.00076 and 62% for both $1000 lease cash on hatch; none on sedan LS

Thanks! Also, how do I get the $1000 lease cash? Is this combinable with the GM College Discount ($3500 Consumer Purchase Cash for the Cruze Hatch)? 

Thanks for the help -- it's my first time doing a lease!

Michaell

ann_bds said:

Michaell said:

Hi, Does anyone have stats for the Cruze Sedan LS and Hatchback LT in Honolulu (96813)? Both auto and 24mo/12k. Thanks!

.00076 and 62% for both

$1000 lease cash on hatch; none on sedan LS

Thanks! Also, how do I get the $1000 lease cash? Is this combinable with the GM College Discount ($3500 Consumer Purchase Cash for the Cruze Hatch)? 

Thanks for the help -- it's my first time doing a lease!

The lease cash is a dealer incentive; use the knowledge to negotiate a lower price.

The $3500 is an incentive for purchase only; won't work with a lease.

julio91

May I have the MF and residual for a 2017 Chevy Cruze Sedan Automatic - LS and LT. For 24 and 36 months with 12,000 and 15,000 for both models ? As well as any incentives. Located in miami, Florida 33018 

thank you !! 

@Michaell @kyfdx

Michaell

julio91 said:

May I have the MF and residual for a 2017 Chevy Cruze Sedan Automatic - LS and LT. For 24 and 36 months with 12,000 and 15,000 for both models ? As well as any incentives. Located in miami, Florida 33018 

thank you !! 

@Michaell @kyfdx

24/15 - .00076 and 61%. $1000 lease cash on LT. Add 1% for 12K
36/15 - .00095 and 52%. $1000 lease cash on LT. Add 2% for 12K

julio91

Are the numbers (MF and residuals ) the same for the LS models ? 

@Michaell

kyfdx

julio91 said:

Are the numbers (MF and residuals ) the same for the LS models ? 

@Michaell

Yes. but, no lease cash

mm7

Hi - can I please have the SEPT number in IL for the 2017

24/10 Cruze LT
36/10 Cruze LT

24/10 Cruze Premier
36/10 Cruze Premier

Thanks!

Michaell

mm7 said:

Hi - can I please have the SEPT number in IL for the 2017

24/10 Cruze LT
36/10 Cruze LT

24/10 Cruze Premier
36/10 Cruze Premier

Thanks!

24/10 - .00050 and 62%
36/10 - .00095 and 55%
$1000 lease cash

soochtrooper

Hi - if different than ^IL above, can I please have the September numbers in NYC for below, thanks!

24/10 Cruze LT
36/10 Cruze LT

And for 12K pretty sure -1% but MF too please for 24 & 36?

Any rumors when 2018 model is coming out? Thanks so much!

Michaell

soochtrooper said:

Hi - if different than ^IL above, can I please have the September numbers in NYC for below, thanks!

24/10 Cruze LT
36/10 Cruze LT

And for 12K pretty sure -1% but MF too please for 24 & 36?

Any rumors when 2018 model is coming out? Thanks so much!

Chevrolet numbers are national

Yes, subtract 1% to go from 10K to 12K

There are 2018 numbers; I've just started a thread for it.

https://forums.edmunds.com/discussion/47004/chevrolet/cruze/2018-chevrolet-cruze-lease-deals-and-prices/p1?new=1

mm7

THe Chevy Cruze lease numbers have not been all that attractive. You may be better off buying. I opted for a different car instead.

soochtrooper

Hi - if different than September, can I please have the October numbers (MF, RV, lease cash) in NYC for below, thanks!

24/10 Cruze LT
36/10 Cruze LT

kyfdx

soochtrooper said:

Hi - if different than September, can I please have the October numbers (MF, RV, lease cash) in NYC for below, thanks!

24/10 Cruze LT
36/10 Cruze LT

soochtrooper said:

Hi - if different than September, can I please have the October numbers (MF, RV, lease cash) in NYC for below, thanks!

24/10 Cruze LT
36/10 Cruze LT

.00052 MF and 61% residual
.00090 MF and 53% residual

cwang36

Can I please have the November numbers (MF, RV, lease cash) in 60062 for below, thanks!
Cruze LT or Premier
24/10 or 36/10

kyfdx

cwang36 said:

Can I please have the November numbers (MF, RV, lease cash) in 60062 for below, thanks!
Cruze LT or Premier
24/10 or 36/10

.00040 MF and 61% residual
.00080 MF and 53% residual
$1000 lease cash

trevorc5505

24/15k Please
and $1,000 lease cash correct?

Michaell

trevorc5505 said:

24/15k Please
and $1,000 lease cash correct?

.00040 and 59%; $1000 lease cash

randyjstark

Seeking numbers for 2017 Chevy Cruze LT or Premier for zip 18702. Looking for 10k and 12k miles.

Also, what incentives might be available that stack with leasing of a 2017?

kyfdx

randyjstark said:

Seeking numbers for 2017 Chevy Cruze LT or Premier for zip 18702. Looking for 10k and 12k miles.

Also, what incentives might be available that stack with leasing of a 2017?

.00080 MF and 53%/52% residual for 36 months.
$1000 lease cash

No other incentive info.

randyjstark

What about 24 mo term?

Michaell

randyjstark said:

What about 24 mo term?

.00040 and 61% / 60%
$1000 lease cash

trevorc5505

Hi could you please provide me with:
mf
residual
any incentives

for 24 and 36 Cruze LT 
10k, 12k and 15k

Michaell

trevorc5505 said:

Hi could you please provide me with:
mf
residual
any incentives

for 24 and 36 Cruze LT 
10k, 12k and 15k

24/15 - .00040 and 59%; add 1% for 12K or 2% for 10K
36/15 - .00080 and 50%; add 2% for 12K or 3% for 10K
$1000 lease cash

johnpatel

Seeking 2017 Cruze Sedan LT - Automatic with 24/12k/10k and 36/12k/10k and incentives
&
Seeking 2018 Cruze Sedan LT - Automatic with 24/12k/10k and 36/12k/10k and incentives

trying to see which is cheaper. zipcode 48314

kyfdx

johnpatel said:

Seeking 2017 Cruze Sedan LT - Automatic with 24/12k/10k and 36/12k/10k and incentives
&
Seeking 2018 Cruze Sedan LT - Automatic with 24/12k/10k and 36/12k/10k and incentives

trying to see which is cheaper. zipcode 48314

2017
24/12: .00040 MF and 60% residual
36/12: .00080 MF and 52% residual
Add 1% for 10K/yr
$1000 lease cash

2018 discussion is here:
https://forums.edmunds.com/discussion/47004/chevrolet/cruze/2018-chevrolet-cruze-lease-deals-and-prices#latest

Michaell

kubikdanon said:

May I know 24/10 MF and RV for 2017 LS model?
Also, any rebates/incentives?
zip code: 44124

.00040 and 61%
No lease cash

yaymx5

Do all of the following cars have the same residual values?
- Cruze LT Gas Sedan
- Cruze LT Gas Hatchback
- Cruze LT Diesel Sedan
- Cruze LT Diesel Hatchback

kyfdx

yaymx5 said:

Do all of the following cars have the same residual values?
- Cruze LT Gas Sedan
- Cruze LT Gas Hatchback
- Cruze LT Diesel Sedan
- Cruze LT Diesel Hatchback

Yes.. all are 50% residual for 36/15