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# 2013 and earlier Chevrolet Equinox Lease Questions

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## Comments

1Can you tell me the current residual and finance rate for a 2011 Chevy Equinox, AWD 1LT for a 36 mo/12,000mile lease?

Also, woudl this change if you are eligible for family preffered/EVA discount?

Thanks.

38,514General Motors is currently providing a $500 cash incentive on leases of this truck.

These programs are the same for all customers, even those who qualify for supplier or employee pricing.

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1can you tell me the current lease rates and residuals for a 2011 awd 1LT model

thanks

6Thanks for a great forum and your help.

38,514When negotiating your lease on this truck, make sure to take advantage of the $500 cash incentive that is currently available on leases of it.

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38,514As I mentioned in my previous post, make sure to take advantage of the $500 cash incentive that GM is currently providing on this truck when negotiating your deal.

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514Is there currently an attractive lease program for 24/27 months for the Equinox AWD 1LT and LTZ? Does the low lease rate GM has for other short term leases apply to the Equinox? If so, I am interested in the residual and lease rate for 24/27 months and 15k per year.

Thanks

151I'd appreciate your assistance with the estimated interest rate and residual value on a 2011 Chevy Equinox 2LT, FWD, leather package (if that's needed), 36 mo. and 12k miles.

Also, I'm being quoted a "lease tax rate"of 7.25%, is that standard? Plus on top of that I get killed with an 8% usage tax for the city of Chicago which I understand is non negotiable.

Regards,

afogchi

38,514When negotiating your lease on this truck, make sure to take advantage of the $500 cash incentive on leases of this truck through Ally.

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38,514Illinois is notoriously bad for leasing when it comes to sales tax, so I'm not surprised about the taxes that you were quoted.

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1,305Thanks, this would be in zip 19966.

3in suffolk county, NY 11949

38,514The numbers for an otherwise identical 39 month lease are 1.45% and 47%.

If you were to lease this truck with only 12,000 miles per year, its residual values would be 2% higher.

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38,514The lease rates for the Equinox LTZ AWD are the same, but its residual values are 2% lower.

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20Read the above postings on the AWD 2LT model. Are the residuals and money factors any different for a FWD 2LT model-- I'm looking at 36 month, 12k/yr? Also, do the numbers change if options like leather or sunroof are added as options?

Thanks,

-Jon

14Did Ally introduce a 24/27 month program for the Equinox this month? If so, could you give me the numbers for a 1LT AWD and LTZ AWD with 15k miles per year?

Also,

Any lease cash?

Thanks

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38,514There's no lease cash for deals through GM Financial.

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3Can you give me the current figures for lease rate/ residual for the Equinox 1 LT with driver convenience and cargo packages? 4 cyclinder, AWD model with 15K per year. 36 or 39 months.

New york state tax 8%

Thanks!

4,252If you would email me with your zip code I would be happy to assist you with leasing information. Have a great weekend!

Christina

GM Customer Service

3194,186We'd prefer that pricing and lease variable information be posted in the forums, where it will benefit the multitude of

our members, rather than off-line, where it remains hidden from the rest of us.Thanks for your understanding... If you can't do that, then Car_Man will be along to provide that information.

regards,

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Edmunds Moderator38,514I haven't seen the residual values for this month yet, so I'll have to look into that for you.

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3Have you seen any of the figures for residuals yet?

aj72

2Thank you for your valuable input! You are helping my wife and I from getting gouged!

Can you let me know what the residual, and rate is on a 3 year lease with 12,000 miles on a 2011 Chevy Equinox 1LT w/ convenience package and sunroof (does the CP and sunroof make a difference in the residual values?)?

Also, what is the minimum credit score for Ally's top tier? 720?

Thanks Car Man!

38,514Ally's May base lease rate and residual value for a 36 month lease of a 2011 Chevrolet Equinox 1LT AWD with 12,000 miles per year are 1.8% and 52%, respectively.

I think that Ally is fairly lenient in determining who qualifies for its best rates. Unless your credit is in really rough shape you should be able to take advantage of the aforementioned special lease rate.

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3614Can you give me the current figures for money factor/ residual for the Equinox 2LT with 4 cylinder, AWD, with 15K per year for 36 months. I live in NY but the dealer is in Paramus NJ. Sales guy swore "the mf is around 4% and the lease is brutal right now."

Thanks

38,514General Motors is only providing a $500 cash incentive on leases of the Equinox 1LS through Ally right now.

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38,514That's a lot better than the 4% that the dealer mentioned.

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4i'm trying to undertand all of it but here is what i got. i was hoping you would let me know if i'm getting a deal or not.

It's a 2011 Equinox LT1 with driver conv package.

$26,710 is the agreed price..

$2,000 at lease inception.

$14,040 buy out at lease end.

12K miles per year.

monthly payments of $373.00

39 month lease

I would love to hear your opinion

thanks in advance

Mike

237Msrp $25,965 Are there any incentives? Looking for 48 months at 15k miles a year. What can I expect. I also think my bank does leasing am I better trying to go through them and how would this work? my credit score is a 710.

117194,186but rather Ally adds a $2500 fee on top of the residual because ALLY does not want purchases by those leasing vehicles. Any truth here as I had planned on purchasing at term's end?It's strange... but, true..

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Edmunds Moderator3194,186Transaction costs will eat that up... Just the acquisition fee will be more than your first 18 months of savings..

Selling your car for wholesale... leasing a new car at retail... then, in three years, more transaction costs when the lease is up...

Amortize your current vehicle over 60 months, and don't give in to skipping principle payments, and that HELOC balance will drop in a hurry..

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52012 Equinox 1LT w/ Driv Conv Pkg, Protect pkg, Cross rails

MSRP $26785Only $352 1st mo pmt due at signing. Rolling Acq fee into Mo Pmt at 1.1%int

Base Cap Cost

25744(Negot price)Taxes 6.25% 808 (pd for GM Fin by me?Is that how they do it?)

Acquis Fee 650

Gross Cap Cost

27202Residual

14196(53% based on MSRP)Money Factor

.00046(1.1% int rate)Total Rent Charge 742 ($19/mo)

Total Depreciation 13006 (334/mo)(tax incl in here)

Total Mo. Pmts 13748

***$352.52/Month*** for 38 more mos.No addl Doc fee or Sec Dep charged. $350 due at Disposition.

These actual numbers should help those looking at 2012 Equin 1LT leasing.

Any issues observ or questions (dealer tricks) I'm overlooking?

52012 Equinox 1LT w/ Driv Conv Pkg, Protect pkg, Cross rails

MSRP $26785

Only $352 1st mo pmt due at signing. Rolling Acq fee into Mo Pmt at 1.1%int

Base Cap Cost 25744 (Negot price)

Taxes 6.25% 808 (pd for GM Fin by me?Is that how they do it?)

Acquis Fee 650

Gross Cap Cost 27202

Residual 14196 (53% based on MSRP)

Money Factor .00046 (1.1% int rate)

Total Rent Charge 742 ($19/mo)

Total Depreciation 13006 (334/mo)(tax incl in here)

Total Mo. Pmts 13748 ***$352.52/Month*** for 38 more mos.

No addl Doc fee or Sec Dep charged. $350 due at Disposition.

These actual numbers should help those looking at 2012 Equin 1LT leasing.

Any issues observ or questions (dealer tricks) I'm overlooking?

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14Do you have the 24 month residual and CCR for the Equinox 1LT and 2LT AWD and FWD with 10k miles per year?

I assume the rate is still 1.1%?

I am really interested in these GM (Ally) 24 month leases this month.

Thanks

19538,514General Motors is currently providing a $750 cash incentive on 36-month leases of the 2012 Equinox through Ally. I believe that there's an additional $500 on top of that on the LS trim level.

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