Thread: Should I do it?
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Old 02-12-2016, 09:01 PM   #1
Corona
 
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Drives: 2015 Malibu
Join Date: Jan 2016
Location: Chicago, IL
Posts: 34
Should I do it?

2016 Camaro 2SS - 8SPD Auto, NPP, NAV, Sunroof, 20" Split Spoke wheels -- MSRP $46450

--Discounted to $44,950. After $1000 private offer, $1000 dealer offer. Purchase price of $42,950.

--Here is the nut kicker. Buyout for my 2015 Malibu lease is 20,800. Dealer trade-in $16,800. (4k negative equity boooooo).

--48 month lease. 12k miles per year. Residual Value $21,xxx. (51% residual)

---- Taxes of approximately 2k rolled into lease. $900 out of pocket at signing to cover 1st month and registration. Total monthly payment...... $600.

Sleeping on it tonight and going into the dealership again tomorrow. Thoughts?
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2000 Acura Integra
2008 Nissan 350z
2010 Lexus IS
2015 Chevrolet Malibu

Last edited by Corona; 02-12-2016 at 09:37 PM. Reason: fixed a number
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