Lease Deal Check

cfghmike

I'm new to negotiating leases, especially online. But here is what I was able to do. I think it's a good deal. The leasehacker calculator, if I filled it out properly, seems to think it's a good deal. Now I just want some people's feedback.

2021 Chevy Silverado LTZ Crew 2WD

MSRP: 54,440
Discount: 2,735.65
Selling Price: 49,704.35
Trade Allowance: 34,000
Trade Payoff: 36,136
Total Rebates: 1,500
Customer Cash: 583.75
Term: 36
Residual: 30,939.60

Payment: 583.75
MF: .00011
15,000 miles

Michaell

cfghmike said:

I'm new to negotiating leases, especially online. But here is what I was able to do. I think it's a good deal. The leasehacker calculator, if I filled it out properly, seems to think it's a good deal. Now I just want some people's feedback.

2021 Chevy Silverado LTZ Crew 2WD

MSRP: 54,440
Discount: 2,735.65
Selling Price: 49,704.35
Trade Allowance: 34,000
Trade Payoff: 36,136
Total Rebates: 1,500
Customer Cash: 583.75
Term: 36
Residual: 30,939.60

Payment: 583.75
MF: .00011
15,000 miles

What is your location?
Only first payment is due at signing?

The negative equity is adding close to $60/mo to the payment. Why trade in now, when you're upside down?

cfghmike

Located in 75009
$0 DAS

The vehicle I'm trading is unable to accommodate my children's car seats. And due to a move, their school is located substantially further away so it's stacking miles on my other car.

kyfdx

cfghmike said:

Located in 75009
$0 DAS

The vehicle I'm trading is unable to accommodate my children's car seats. And due to a move, their school is located substantially further away so it's stacking miles on my other car.

Seems like a pretty good deal, especially considering TX sales tax

LB02

Hi, what does it mean $2500 retail customer cash in the disclosure on the website dealers?

Michaell

LB02 said:

Hi, what does it mean $2500 retail customer cash in the disclosure on the website dealers?

Retail cash is a purchase incentive.

LB02

Hi guys, I have two questions about leasing:
1. Turn in fee can it be avoided?
2. Reading my lease contract on part 13 called estimated fees ad taxes during lease term. It does say that I have to reimburse the lessor the amount of $1835.80. Is this an extra charge or is it included on my monthly payments?

Michaell

LB02 said:

Hi guys, I have two questions about leasing:
1. Turn in fee can it be avoided?
2. Reading my lease contract on part 13 called estimated fees ad taxes during lease term. It does say that I have to reimburse the lessor the amount of $1835.80. Is this an extra charge or is it included on my monthly payments?

If you lease another car of the same brand, the disposition fee is waived. Otherwise, no.

You'll have to ask the dealer if the taxes and fees are paid up front, or included into the monthly payment.

ale3to

Can you please tell me which trim has the best residual value and MF for 33144 in a 36 month 12k lease?
And if there is any incentives for that trim this month?
Thank you in advance

kyfdx

ale3to said:

Can you please tell me which trim has the best residual value and MF for 33144 in a 36 month 12k lease?

And if there is any incentives for that trim this month?

Thank you in advance

Crew or Double Cab?
There are no lease incentives

ale3to

No preference...my brother needs a truck ...the one with better numbers

kyfdx

ale3to said:

No preference...my brother needs a truck ...the one with better numbers

36/12
Custom Crew
.00078 MF and 61% residual

ale3to

Sorry to bother ..does this number are the same for the month of august

kyfdx

ale3to said:

Sorry to bother ..does this number are the same for the month of august

August programs start on Tuesday

ale3to

Any plan changes for this month or any new incentives for my previos choice ...
Thank you in advance.

Michaell

ale3to said:

Any plan changes for this month or any new incentives for my previos choice ...

Thank you in advance.

No changes for August