Thread: Who is leasing?
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Old 05-25-2016, 06:59 PM   #111
moe stacolli
 
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Drives: 2017 ss
Join Date: May 2016
Location: illinois/iowa
Posts: 12
Quote:
Originally Posted by suzook View Post
Not very good either. I am at $575 a month on a 3yr with zero out of pocket on a fully loaded 2ss. Terrible? No, but close.
How much was your total price and what tier of credit did you fall in? I was quoted roughly 43k total for a 1SS with mag ride (36k) with employee pricing on gmfamilyfirst and somewhere around 6k of negative debt carried over from a trade in.

An actual price can't be determined because it will be a 2017 and gm has not released pricing. That is what I was told. Anyways, 680 a month was a figure based off 2016 model pricing for three year lease with gmfinancial at a high three percent interest figure. Nothing down.

I am fairly ignorant to auto loans and leasing but I am just looking for some advice to avoid being taken advantage of.

Also, what is the skinny on buying after the three year lease? Can I refinance a longer term? I was thinking the first three years would suck but after that I can drop down back to below 400 or less a month.
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