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2016 Chevrolet Camaro Lease Questions

24

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  • kyfdxkyfdx Moderator Posts: 236,760
    cristianh2010 said:

    @Michaell

    39 months
    10k a year
    58% Residual
    .00040 MF
    $952 down at signing
    $356/mo payment after tax

    Congrats on the new Camaro!

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  • g35coupe1g35coupe1 Member Posts: 28
    Hello, Could I get latest lease residual and money factor info for 2016 Camaro 2SS, Auto, 24mo/36mo(39mo if available) for both 10k and 12k mileage/year. Thanks!!!!
  • MichaellMichaell Moderator Posts: 240,979
    g35coupe1 said:

    Hello, Could I get latest lease residual and money factor info for 2016 Camaro 2SS, Auto, 24mo/36mo(39mo if available) for both 10k and 12k mileage/year. Thanks!!!!

    24/12 - .00165 and 70%
    36/12 - .00150 and 59%
    39/12 - .00150 and 58%

    Add 1% for 10K

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  • g35coupe1g35coupe1 Member Posts: 28
    Thanks!!!
  • jables04jables04 Member Posts: 12
    cristianh2010 said:

    @Michaell

    39 months
    10k a year
    58% Residual
    .00040 MF
    $952 down at signing
    $356/mo payment after tax

    Congrats! Could you share MSRP and selling price? I see that no incentives were used, but could you tell a bit more about the MF? Well bellow the base MF. Wondering if it was offset with some other aspect of the deal.

    Justin
  • thescout13thescout13 Member Posts: 18
    March numbers for 2ss. 36/12, 39/12, 48/12
  • MichaellMichaell Moderator Posts: 240,979
    thescout13 said:

    March numbers for 2ss. 36/12, 39/12, 48/12

    36/12 - .00150 and 59%
    39/12 - .00150 and 58%
    48/12 - .00164 and 53%

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  • mast3rsgageermast3rsgageer Member Posts: 22
    April Numbers for
    36/12 39/12 48/12
    36/15 39/15 48/15
    36/18 39/15 48/18

    Thank you in Advance
  • mast3rsgageermast3rsgageer Member Posts: 22
    April Numbers in New York

    36/12 39/12 48/12
    36/15 39/15 48/15
    36/18 39/18 48/18
  • mast3rsgageermast3rsgageer Member Posts: 22
    2016 Camaro 2SS
    April Numbers in New York

    36/12 39/12 48/12
    36/15 39/15 48/15
    36/18 39/18 48/18
  • MichaellMichaell Moderator Posts: 240,979
    mast3rsgageer said:

    2016 Camaro 2SS
    April Numbers in New York

    36/12 39/12 48/12
    36/15 39/15 48/15
    36/18 39/18 48/18

    15K numbers:
    36 - .00150 and 57%
    39 - .00150 and 56%
    48 - .00164 and 49%

    Add 2% for 12k

    No specific residuals for 18K; usually, there is a per mile deduction of .15-.25 that is subtracted from the 15K residual.

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  • mast3rsgageermast3rsgageer Member Posts: 22
    How much percentage do you think i should be able to get off the 2016 camaro 2ss msrp?
  • MichaellMichaell Moderator Posts: 240,979
    mast3rsgageer said:

    How much percentage do you think i should be able to get off the 2016 camaro 2ss msrp?

    No idea .. we don't track selling prices. Use the "make / model / year" pull downs at the top of the page to link to the price tools.

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  • cellicecellice Member Posts: 53
    What is the numbers for the 1LT and 2LT Camaro for Maryland. I'm looking at 10K for either 24 or 36 months.
  • MichaellMichaell Moderator Posts: 240,979
    cellice said:

    What is the numbers for the 1LT and 2LT Camaro for Maryland. I'm looking at 10K for either 24 or 36 months.

    24/10
    1LT - .00165 and 71%
    2LT - .00165 and 68%

    36/10
    1LT - .00150 and 60%
    2LT - .00150 and 56%

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  • prcruz408prcruz408 Member Posts: 3
    Hi,

    What are the RVs and MFs for the 1lt and 2lt trim- turbo 4, manual - looking 36 months and 12k/year?

  • MichaellMichaell Moderator Posts: 240,979
    prcruz408 said:

    Hi,

    What are the RVs and MFs for the 1lt and 2lt trim- turbo 4, manual - looking 36 months and 12k/year?

    .00150 and 59% (1lt) or 55% (2lt)

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  • mast3rsgageermast3rsgageer Member Posts: 22
    I got a quote from a dealer today for 
    MSRP of 45500
    cap reduction of 43000
    39/15
    $600 with 3200 down which covers taxes and other fees
    does that deal sound good? I dont think so
  • kyfdxkyfdx Moderator Posts: 236,760
    mast3rsgageer said:

    I got a quote from a dealer today for 
    MSRP of 45500
    cap reduction of 43000
    39/15
    $600 with 3200 down which covers taxes and other fees
    does that deal sound good? I dont think so

    .00150 MF and 56% residual.

    With that CAP cost, I get $552/mo.

    The Camaro isn't going to be cheap to lease, in any case.
    Can't evaluate your deal without knowing the breakdown of the $3200, and state/tax rate.

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  • mast3rsgageermast3rsgageer Member Posts: 22
    Does that sound right? Something seems off
  • MichaellMichaell Moderator Posts: 240,979
    mast3rsgageer said:
    Does that sound right? Something seems off
    What state is this? Taxes seem high. 

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  • kyfdxkyfdx Moderator Posts: 236,760
    @mast3rsgageer

    Which state is this?

    You need to know the adjusted CAP cost. Also, ask them to disclose the money factor
    If we assume it's the $43000 you gave above, then I'm still at $562/mo. (with .00150 MF)

    So, either there are more charges than the $43,000 and/or, they are marking up the money factor.

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  • mast3rsgageermast3rsgageer Member Posts: 22
    The state is ny
  • mast3rsgageermast3rsgageer Member Posts: 22

  • kyfdxkyfdx Moderator Posts: 236,760
    @mast3rsgageer With the actual CAP cost now disclosed, I get $574/mo. But, they still haven't disclosed the actual money factor being used. I'm assuming the .0015 that I have.

    Did you notice they changed it to a 48 month lease on your last post?

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  • motorcityatxmotorcityatx Member Posts: 12
    edited April 2016
    Can I get numbers on a 24/10 lease on a 1LT (Texas)

    Are there any 1SS or 2SS convertible lease numbers available yet?
  • MichaellMichaell Moderator Posts: 240,979
    motorcityatx said:

    Can I get numbers on a 24/10 lease on a 1LT (Texas)

    Are there any 1SS or 2SS convertible lease numbers available yet?

    .00165 and 71%

    No convertible lease numbers available, yet.

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  • mast3rsgageermast3rsgageer Member Posts: 22
    Does this sound right?
  • kyfdxkyfdx Moderator Posts: 236,760
    @mast3rsgageer

    We can see the selling price, but we can't see the CAP cost.. That's after all of the tax, acquisition fees, doc fees, etc, etc.. are added in.

    But, with that rate and residual, to get to that payment, you need a CAP cost of about $45,700.
    That's $2300 more than the selling price. If taxes and fees, etc add up to that, then the calculations are correct.

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  • mast3rsgageermast3rsgageer Member Posts: 22
    The dealer said the cap cost is 43400
  • mast3rsgageermast3rsgageer Member Posts: 22
    Nvm u are right the cap cost is 45700
  • kyfdxkyfdx Moderator Posts: 236,760
    mast3rsgageer said:

    Nvm u are right the cap cost is 45700

    Yeah.. you've got sales tax and acquisition fee.. so, probably about right.

    So, it's legit. You are getting a $2500 discount. But, it's an expensive car to lease. Nothing out of line from the dealer, though.

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  • dnelson23dnelson23 Member Posts: 3
    Can I get numbers on a 36/10 lease on a 1SS (Utah)
    Also am curious about 42/10 and 48/10 numbers
  • kyfdxkyfdx Moderator Posts: 236,760
    dnelson23 said:

    Can I get numbers on a 36/10 lease on a 1SS (Utah)
    Also am curious about 42/10 and 48/10 numbers

    .00150 MF and 59% residual
    .00164 MF and 55% residual
    .00164 MF and 52% residual

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  • motorcityatxmotorcityatx Member Posts: 12
    Looking to go pick up my Camaro today. Can I get numbers on a 24 month 10k 1SS (Texas)?

    Thanks!
  • MichaellMichaell Moderator Posts: 240,979
    motorcityatx said:

    Looking to go pick up my Camaro today. Can I get numbers on a 24 month 10k 1SS (Texas)?

    Thanks!

    .00165 and 71%

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  • shadow62shadow62 Member Posts: 1
    edited April 2016
    What is the residual and money factor for 2016 v6 1lt in NJ?
    36/12
    39/12

    dealer quoted me 56/.0015 for a 39/10 which seems very low.
  • MichaellMichaell Moderator Posts: 240,979
    shadow62 said:

    What is the residual and money factor for 2016 v6 1lt in NJ?
    36/12
    39/12

    dealer quoted me 56/.0015 for a 39/10 which seems very low.

    .00150 and 59% for 36/12 or 59% for 39/10

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  • stmbtwillistmbtwilli Member Posts: 2
    What are the April residual and mf numbers for a Camaro SS in zip code 13090 please.
    36 months/12k
    39 months/12k
    Thanks
  • MichaellMichaell Moderator Posts: 240,979
    stmbtwilli said:

    What are the April residual and mf numbers for a Camaro SS in zip code 13090 please.
    36 months/12k
    39 months/12k
    Thanks

    1SS or 2SS?

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  • stmbtwillistmbtwilli Member Posts: 2
    Michaell said:
    What are the April residual and mf numbers for a Camaro SS in zip code 13090 please. 36 months/12k 39 months/12k Thanks
    1SS or 2SS

    Sorry. 2SS
  • MichaellMichaell Moderator Posts: 240,979
    stmbtwilli said:


    Michaell said:

    stmbtwilli said:

    What are the April residual and mf numbers for a Camaro SS in zip code 13090 please.
    36 months/12k
    39 months/12k
    Thanks

    1SS or 2SS

    Sorry. 2SS

    36/12 - .00150 and 58%

    Subtract 1% for 39/12

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  • The_Big_Tuna1The_Big_Tuna1 Member Posts: 58
    Hi @Michaell,

    Can you please let me know May's numbers for a 2016 Chevy Camaro 1LT in the New York region.
    Looking for residual and MF on the following

    24M/10K
    24M/12K
    27M/10K
    27M/12K

    Also, any dealer/MFG cash this month? Loyalty or Lease Conquest this month, as well?

    thanks !
  • MichaellMichaell Moderator Posts: 240,979
    The_Big_Tuna1 said:

    Hi @Michaell,

    Can you please let me know May's numbers for a 2016 Chevy Camaro 1LT in the New York region.
    Looking for residual and MF on the following

    24M/10K
    24M/12K
    27M/10K
    27M/12K

    Also, any dealer/MFG cash this month? Loyalty or Lease Conquest this month, as well?

    thanks !

    Current GM numbers expire today, 5/2/16. New numbers should be available later this week

    24/12 - .00165 and 70%
    27/12 - .00165 and 67%

    Add 1% for 10K

    No incentive information; no lease cash.

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  • The_Big_Tuna1The_Big_Tuna1 Member Posts: 58
    @Michaell, thanks ! I will check back in with you later this week
  • mast3rsgageermast3rsgageer Member Posts: 22
    Did the lease program clme out for may yet? 
  • The_Big_Tuna1The_Big_Tuna1 Member Posts: 58
    Hi @Michaell, was wondering if the May numbers have been released? Would love to get them ! Thanks
  • kyfdxkyfdx Moderator Posts: 236,760
    mast3rsgageer said:

    Did the lease program clme out for may yet? 

    Yes

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  • kyfdxkyfdx Moderator Posts: 236,760
    The_Big_Tuna1 said:

    Hi @Michaell,

    Can you please let me know May's numbers for a 2016 Chevy Camaro 1LT in the New York region.
    Looking for residual and MF on the following

    24M/10K
    24M/12K
    27M/10K
    27M/12K

    Also, any dealer/MFG cash this month? Loyalty or Lease Conquest this month, as well?

    thanks !

    They've dropped lease support for the 24 and 27 month terms, this month.

    The only viable numbers are for 36 or 39 months.

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  • mast3rsgageermast3rsgageer Member Posts: 22
    What are the numbers for this month for 
    39/15 
    36/15
    48/15
    @kyfdx
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