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2016 Chevrolet Trax Lease Questions

kyfdxkyfdx Moderator Posts: 237,185
edited March 2016 in Chevrolet
Ask your 2016 Trax questions here!

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    arn1925arn1925 Member 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
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    kyfdxkyfdx Moderator Posts: 237,185
    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

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    arn1925arn1925 Member Posts: 6
    Sorry, but I realized that one I am considering is a remaining new 2015, LTZ. Does that change the residual?
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    kyfdxkyfdx Moderator Posts: 237,185
    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.

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    arn1925arn1925 Member 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.
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    meh3485meh3485 Member Posts: 34
    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!
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    MichaellMichaell Moderator Posts: 241,316
    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

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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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    camella1camella1 Member 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!
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    kyfdxkyfdx Moderator Posts: 237,185
    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.

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    PF_FlyerPF_Flyer Member Posts: 9,372
    A reporter is looking to speak with car shoppers who recently purchased a truck or SUV instead of a coupe or sedan because they were influenced (at least in part) by today's low gas prices. If this sounds like your experience and you're willing to help, please contact pr@edmunds.com by no later than May 24, 2016.
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    bobbflobobbflo Member 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?
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    MichaellMichaell Moderator Posts: 241,316
    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.

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    bobbflobobbflo Member Posts: 7
    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
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    kyfdxkyfdx Moderator Posts: 237,185
    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

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